Devon Energy
DVN
772 hedge funds and large institutions have $18.3B invested in Devon Energy in 2013 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 299 increasing their positions, 274 reducing their positions, and 48 closing their positions.
48% more call options, than puts
Call options by funds: $530M | Put options by funds: $357M
42% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 48
11% more capital invested
Capital invested by funds: $16.4B → $18.3B (+$1.81B)
2% more funds holding
Funds holding: 757 → 772 (+15)
9% more repeat investments, than reductions
Existing positions increased: 299 | Existing positions reduced: 274
0.1% less ownership
Funds ownership: 78.12% → 78.03% (-0.1%)
8% less funds holding in top 10
Funds holding in top 10: 26 → 24 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$132M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$102M |
| 3 |
State Street
Boston,
Massachusetts
|
+$48.7M |
| 4 |
JP Morgan Chase
New York
|
+$47M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$222M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$222M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
-$114M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$98.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$61.2M |
DVN Hedge Fund Activity: Q3 2013 in Review
772 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2013, worth a combined $18.3B — up 11% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new DVN positions and 48 closed out — a net gain of 20 holders — while 299 added to existing stakes and 274 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $132M. The largest seller was Harris Associates, cutting an estimated $222M.
- 772 institutional investors held Devon Energy (DVN) as of Q3 2013, up from 757 in Q2 2013.
- Funds reported $18.3B of Devon Energy stock for Q3 2013, up 11% quarter-over-quarter.
- 68 funds opened new Devon Energy positions in Q3 2013 and 48 closed out, a net change of +20 holders.
- The largest Devon Energy buyer in Q3 2013 was Goldman Sachs, an estimated $132M added.
- The largest Devon Energy seller in Q3 2013 was Harris Associates, an estimated $222M sold.
Based on aggregated 13F filings for Q3 2013.