Devon Energy
732 hedge funds and large institutions have $13.1B invested in Devon Energy in 2017 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 289 increasing their positions, 265 reducing their positions, and 100 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 265
0.15% less ownership
Funds ownership: 78.17% → 78.01% (-0.15%)
2% less call options, than puts
Call options by funds: $264M | Put options by funds: $268M
5% less funds holding
Funds holding: 774 → 732 (-42)
23% less capital invested
Capital invested by funds: $17.1B → $13.1B (-$3.99B)
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
37% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$123M |
| 2 |
Renaissance Technologies
New York
|
+$86.7M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$82.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$63.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$269M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$106M |
| 3 |
Neuberger Berman Group
New York
|
-$85.1M |
| 4 |
BRC
Blue Ridge Capital
New York
|
-$45.6M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$45.1M |
DVN Hedge Fund Activity: Q2 2017 in Review
732 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2017, worth a combined $13.1B — down 23% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of DVN and 63 opened new positions — a net loss of 37 holders — while 265 trimmed existing stakes and 289 added.
The largest buyer was Citadel Advisors, adding an estimated $123M. The largest seller was Bank of America, cutting an estimated $269M.
- 732 institutional investors held Devon Energy (DVN) as of Q2 2017, down from 774 in Q1 2017.
- Funds reported $13.1B of Devon Energy stock for Q2 2017, down 23% quarter-over-quarter.
- 63 funds opened new Devon Energy positions in Q2 2017 and 100 closed out, a net change of -37 holders.
- The largest Devon Energy buyer in Q2 2017 was Citadel Advisors, an estimated $123M added.
- The largest Devon Energy seller in Q2 2017 was Bank of America, an estimated $269M sold.
Based on aggregated 13F filings for Q2 2017.