Devon Energy
899 hedge funds and large institutions have $25.4B invested in Devon Energy in 2014 Q2 according to their latest regulatory filings, with 103 funds opening new positions, 305 increasing their positions, 339 reducing their positions, and 46 closing their positions.
124% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 46
49% more funds holding in top 10
Funds holding in top 10: 37 → 55 (+18)
19% more capital invested
Capital invested by funds: $21.3B → $25.4B (+$4.06B)
6% more funds holding
Funds holding: 846 → 899 (+53)
0.27% more ownership
Funds ownership: 78.04% → 78.31% (+0.27%)
6% less call options, than puts
Call options by funds: $537M | Put options by funds: $570M
10% less repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 339
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$306M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$233M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$217M |
| 4 |
FAM
Fred Alger Management
New York
|
+$163M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$414M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$249M |
| 3 |
IVA
International Value Advisers
|
-$183M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$182M |
| 5 |
Goldman Sachs
New York
|
-$139M |
DVN Hedge Fund Activity: Q2 2014 in Review
899 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2014, worth a combined $25.4B — up 19% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new DVN positions and 46 closed out — a net gain of 57 holders — while 305 added to existing stakes and 339 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $306M. The largest seller was Harris Associates, cutting an estimated $414M.
- 899 institutional investors held Devon Energy (DVN) as of Q2 2014, up from 846 in Q1 2014.
- Funds reported $25.4B of Devon Energy stock for Q2 2014, up 19% quarter-over-quarter.
- 103 funds opened new Devon Energy positions in Q2 2014 and 46 closed out, a net change of +57 holders.
- The largest Devon Energy buyer in Q2 2014 was Eaton Vance Management, an estimated $306M added.
- The largest Devon Energy seller in Q2 2014 was Harris Associates, an estimated $414M sold.
Based on aggregated 13F filings for Q2 2014.