Devon Energy Portfolio holdings
Devon Energy is an independent company that explores for and produces oil and natural gas, with its operations onshore in the United States. John Nichols and his son J. Larry Nichols started it in 1971, and it sold shares to the public for the first time in 1988. Its operating areas include the Delaware Basin, Marcellus, the Rockies, the Anadarko Basin and the Eagle Ford, though in October 2026 it agreed to sell its Eagle Ford assets to Crescent Energy. In May 2026 it merged with Coterra Energy.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fervo Energy
FRVO
|
+$1.29B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WaterBridge Infrastructure LLC
WBI
|
+$51.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 65.57% |
| 2 | Energy | 34.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Fervo Energy
FRVO
$3.4B
| $1.04B | 65.57% |
+35,728,296
| New | +$1.29B |
2026 Q2
0 quarters
|
|
|
2
WaterBridge Infrastructure LLC
WBI
$1.53B
| $548M | 34.43% |
16,002,051
-1,755,174
| -10% | -$51.1M |
2026 Q1
1 quarter
|
|
Similar funds
Devon Energy's Q2 2026 Portfolio in Review
As of Q2 2026, Devon Energy held 2 positions worth $1.59B, up 235% from $476M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Devon Energy deployed $1.24B of net new capital in Q2 2026, opening 1 new position. Its largest new stake was Fervo Energy: 35,728,296 shares worth $1.04B.
By sector, the portfolio is most concentrated in Utilities at 66% of assets, followed by Energy.
On the sell side, the largest reduction was WaterBridge Infrastructure LLC, an estimated $51.1M trimmed.
- Devon Energy's largest Q2 2026 buy was Fervo Energy: 35,728,296 shares worth $1.04B.
- Devon Energy's biggest Q2 2026 reduction was WaterBridge Infrastructure LLC, cutting an estimated $51.1M.
- Devon Energy's ten largest holdings make up 100% of its $1.59B portfolio in Q2 2026.
- Devon Energy opened 1 new position and closed 0 in Q2 2026.
- Devon Energy's portfolio value rose 235% quarter-over-quarter to $1.59B.
Based on Devon Energy's 13F filing for Q2 2026, filed 13 Aug 2026.