Devon Energy
599 hedge funds and large institutions have $8.23B invested in Devon Energy in 2019 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 167 increasing their positions, 267 reducing their positions, and 94 closing their positions.
40% more call options, than puts
Call options by funds: $146M | Put options by funds: $104M
0.21% less ownership
Funds ownership: 84.86% → 84.65% (-0.21%)
6% less funds holding
Funds holding: 634 → 599 (-35)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
18% less capital invested
Capital invested by funds: $10B → $8.23B (-$1.79B)
35% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 94
37% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 267
Top Buyers
| 1 |
Renaissance Technologies
New York
|
+$137M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$45.8M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$23.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$22.4M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$20.6M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$133M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$69.9M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$64.5M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$53.8M |
| 5 |
OAMA
Oslo Asset Management AS
Oslo,
Norway
|
-$33.4M |
DVN Hedge Fund Activity: Q3 2019 in Review
599 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2019, worth a combined $8.23B — down 18% from $10B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of DVN and 61 opened new positions — a net loss of 33 holders — while 267 trimmed existing stakes and 167 added.
The largest buyer was Renaissance Technologies, adding an estimated $137M. The largest seller was T. Rowe Price Associates, cutting an estimated $133M.
- 599 institutional investors held Devon Energy (DVN) as of Q3 2019, down from 634 in Q2 2019.
- Funds reported $8.23B of Devon Energy stock for Q3 2019, down 18% quarter-over-quarter.
- 61 funds opened new Devon Energy positions in Q3 2019 and 94 closed out, a net change of -33 holders.
- The largest Devon Energy buyer in Q3 2019 was Renaissance Technologies, an estimated $137M added.
- The largest Devon Energy seller in Q3 2019 was T. Rowe Price Associates, an estimated $133M sold.
Based on aggregated 13F filings for Q3 2019.