EnCap Energy Capital Fund X’s Devon Energy DVN Stock Holding History

EnCap Energy Capital Fund X’s Portfolio DVN Stock Details DVN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	$216M	Hold	5,903,074	–	–	100%	1
2025 Q3	$207M	Hold	5,903,074	–	–	100%	1
2025 Q2	$188M	Hold	5,903,074	–	–	100%	1
2025 Q1	$221M	Hold	5,903,074	–	–	100%	1
2024 Q4	$193M	Hold	5,903,074	–	–	100%	1
2024 Q3	$231M	Buy	+5,903,074	New	+$260M	100%	1
2022 Q4	–	Sell	-634,567	Closed	-$38.2M	–	1
2022 Q3	$38.2M	Sell	634,567 -1,931,076	-75%	-$120M	100%	1
2022 Q2	$141M	Sell	2,565,643 -6,494,544	-72%	-$424M	100%	1
2022 Q1	$536M	Sell	9,060,187 -16,105,250	-64%	-$872M	100%	1
2021 Q4	$1.11B	Sell	25,165,437 -8,897,805	-26%	-$370M	100%	1
2021 Q3	$1.21B	Hold	34,063,242	–	–	100%	1
2021 Q2	$994M	Hold	34,063,242	–	–	100%	1
2021 Q1	$744M	Buy	+34,063,242	New	+$701M	100%	1

Other funds holding DVN

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

EECFX

EnCap Energy Capital Fund XI Houston, Texas $1.14B AUM 5.31% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

EnCap Partners Houston, Texas $383M AUM 10.44% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

KEM

Kimmeridge Energy Management New York $299M AUM 36.96% 1-Year Est. Return

EnCap Energy Capital Fund X's DVN Position: Q4 2025 in Review

EnCap Energy Capital Fund X held its Devon Energy (DVN) position steady in Q4 2025 at 5,903,074 shares worth $216M. The position accounts for 100% of the portfolio, ranked #1.

EnCap Energy Capital Fund X first reported a position in DVN in Q1 2021 and has held it in 13 quarters since. The position peaked at $1.21B in Q3 2021. 1,139 funds tracked by Wall St. Rank hold DVN as of Q4 2025.

EnCap Energy Capital Fund X held 5,903,074 shares of Devon Energy worth $216M as of Q4 2025.
EnCap Energy Capital Fund X left its Devon Energy share count unchanged in Q4 2025.
Devon Energy made up 100% of EnCap Energy Capital Fund X's portfolio in Q4 2025, its #1 holding.
EnCap Energy Capital Fund X first reported a position in Devon Energy in Q1 2021 and has held it in 13 quarters since.
EnCap Energy Capital Fund X's Devon Energy position peaked at $1.21B in Q3 2021.
1,139 funds tracked by Wall St. Rank held Devon Energy as of Q4 2025.

Based on EnCap Energy Capital Fund X's 13F filing for Q4 2025, filed 17 Feb 2026.