Devon Energy
725 hedge funds and large institutions have $10.5B invested in Devon Energy in 2015 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 228 increasing their positions, 329 reducing their positions, and 98 closing their positions.
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
0.66% more ownership
Funds ownership: 79.46% → 80.13% (+0.66%)
3% less funds holding
Funds holding: 745 → 725 (-20)
13% less capital invested
Capital invested by funds: $12.1B → $10.5B (-$1.53B)
13% less first-time investments, than exits
New positions opened: 85 | Existing positions closed: 98
19% less call options, than puts
Call options by funds: $194M | Put options by funds: $241M
31% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 329
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$326M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$78M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$65.8M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$60.6M |
| 5 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$58.8M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$168M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$148M |
| 3 |
Goldman Sachs
New York
|
-$115M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$43M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$37.6M |
DVN Hedge Fund Activity: Q4 2015 in Review
725 of the 3,811 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2015, worth a combined $10.5B — down 13% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 98 funds closed out of DVN and 85 opened new positions — a net loss of 13 holders — while 329 trimmed existing stakes and 228 added.
The largest buyer was Invesco, adding an estimated $326M. The largest seller was Millennium Management, cutting an estimated $168M.
- 725 institutional investors held Devon Energy (DVN) as of Q4 2015, down from 745 in Q3 2015.
- Funds reported $10.5B of Devon Energy stock for Q4 2015, down 13% quarter-over-quarter.
- 85 funds opened new Devon Energy positions in Q4 2015 and 98 closed out, a net change of -13 holders.
- The largest Devon Energy buyer in Q4 2015 was Invesco, an estimated $326M added.
- The largest Devon Energy seller in Q4 2015 was Millennium Management, an estimated $168M sold.
Based on aggregated 13F filings for Q4 2015.