Paul Tudor Jones II's position in Ovintiv is currently worth $18M. That's 0.13% of their equity portfolio (175th largest holding). The first Ovintiv trade was made in Q1 2020. Since then Paul Tudor Jones II bought shares six more times and sold shares on four occasions. The stake costed the investor $15.6M, netting the investor a gain of 15% so far.
The assets being bought are located in the Midland portion of the Permian in Texas and are currently owned by three companies controlled by EnCap: Black Swan...