Arete Wealth Advisors Trims Ovintiv Holdings

Wealth management firm reduces stake in energy company by 91.7%

Published on Mar. 5, 2026

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Arete Wealth Advisors LLC, a financial advisory firm, has trimmed its position in Ovintiv Inc. (NYSE:OVV) by 91.7% during the third quarter, according to a recent 13F filing with the SEC. The firm now owns 7,733 shares of the energy company's stock, valued at $312,000, down from 84,987 shares previously.

Why it matters

Ovintiv, an oil and gas exploration and production company, has seen its stock price fluctuate in recent quarters. Arete Wealth Advisors' decision to significantly reduce its stake in the company could signal a shift in investor sentiment or a strategic portfolio rebalancing by the wealth management firm.

The details

According to the 13F filing, Arete Wealth Advisors sold 84,987 shares of Ovintiv during the third quarter, reducing its total holdings to 7,733 shares. The firm's remaining stake in Ovintiv is now valued at $312,000, down from the previous quarter's $3.4 million position.

  • Arete Wealth Advisors trimmed its Ovintiv position during the third quarter of 2026.

The players

Arete Wealth Advisors LLC

A financial advisory firm that manages investments and provides wealth management services.

Ovintiv Inc.

An independent oil and gas exploration and production company headquartered in Denver, Colorado.

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The takeaway

Arete Wealth Advisors' significant reduction in its Ovintiv holdings could signal a broader shift in investor sentiment towards the energy sector or a strategic portfolio rebalancing by the firm. This move highlights the ongoing volatility and uncertainty in the oil and gas industry, which investors and wealth managers must navigate carefully.