Devon Energy
491 hedge funds and large institutions have $2.92B invested in Devon Energy in 2020 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 163 increasing their positions, 194 reducing their positions, and 86 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1.36% more ownership
Funds ownership: 79.74% → 81.11% (+1.4%)
8% less funds holding
Funds holding: 532 → 491 (-41)
16% less capital invested
Capital invested by funds: $3.46B → $2.92B (-$540M)
16% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 194
41% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 86
63% less call options, than puts
Call options by funds: $31.1M | Put options by funds: $84.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$39.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$36.7M |
| 3 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$35.2M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$33.7M |
| 5 |
Holocene Advisors
New York
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$101M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.1M |
| 3 |
Millennium Management
New York
|
-$16.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$14.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$14M |
DVN Hedge Fund Activity: Q3 2020 in Review
491 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2020, worth a combined $2.92B — down 16% from $3.46B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of DVN and 51 opened new positions — a net loss of 35 holders — while 194 trimmed existing stakes and 163 added.
The largest buyer was Citadel Advisors, adding an estimated $39.4M. The largest seller was Vanguard Group, cutting an estimated $101M.
- 491 institutional investors held Devon Energy (DVN) as of Q3 2020, down from 532 in Q2 2020.
- Funds reported $2.92B of Devon Energy stock for Q3 2020, down 16% quarter-over-quarter.
- 51 funds opened new Devon Energy positions in Q3 2020 and 86 closed out, a net change of -35 holders.
- The largest Devon Energy buyer in Q3 2020 was Citadel Advisors, an estimated $39.4M added.
- The largest Devon Energy seller in Q3 2020 was Vanguard Group, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2020.