CENOVUS ENERGY INC

Ticker: CVE/WS CUSIP: 15135U117 Class: *W EXP 01/01/202

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (3)

BANK OF MONTREAL /CAN/
Value ($000) $336 (+596.8%) Shares 27,732 (+611.1%)
BANK OF AMERICA CORP /DE/
Value ($000) $27 (+239.1%) Shares 2,191 (+239.7%)
Aviso Financial Inc.
Value ($000) $3 (+5.9%) Shares 278 (+7.3%)

Decreased Positions (8)

ROYAL BANK OF CANADA
Value ($000) $277 (-85.7%) Shares 22,410 (-85.7%)
MORGAN STANLEY
Value ($000) $99 (-90.5%) Shares 8,062 (-90.5%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $396 (-6.1%) Shares 32,107 (-5.9%)
JPMORGAN CHASE & CO
Value ($000) $112 (-17.3%) Shares 9,114 (-17.2%)
Federation des caisses Desjardins du Quebec
Value ($000) $18 (-19.1%) Shares 1,269 (-44.4%)
UBS Group AG
Value ($000) $22 (-30.7%) Shares 1,753 (-30.6%)
TD Waterhouse Canada Inc.
Value ($000) $10 (-15.7%) Shares 738 (-29.5%)
NATIONAL BANK OF CANADA /FI/
Value ($000) $42 (-5.7%) Shares 2,468 (-5.4%)

Exited Positions (7)

Cinctive Capital Management LP
Value ($000) $2,228 Shares 181,700
Beverly Hills Private Wealth, LLC
Value ($000) $327 Shares 26,516
AQR CAPITAL MANAGEMENT LLC
Value ($000) $1,228 Shares 100,130
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
Value ($000) $197 Shares 16,072
BARCLAYS PLC
Value ($000) $4 Shares 331
Evelyn Partners Investment Management Services Ltd
Value ($000) $0 Shares 16
TORONTO DOMINION BANK
Value ($000) $0 Shares 7