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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.

New
Increased
Maintained
Reduced
Closed

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: 3755 (+18)

19% more capital invested

Capital invested by funds: $21.3B → $25.4B (+$4.06B)

6% more funds holding

Funds holding: 846899 (+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

Holders
899
Holders Change
+53
Holders Change %
+6.26%
% of All Funds
25.84%
Holding in Top 10
55
Holding in Top 10 Change
+18
Holding in Top 10 Change %
+48.65%
% of All Funds
1.58%
New
103
Increased
305
Reduced
339
Closed
46
Calls
$537M
Puts
$570M
Net Calls
-$33.7M
Net Calls Change
-$97.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
26
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$237M +$71.4M +981,714 +49%
GA
27
Greenhaven Associates
New York
$237M -$2.85M -39,227 -1%
LBA
28
Letko, Brosseau & Associates
Quebec, Canada
$234M -$3.55M -48,850 -2%
Dimensional Fund Advisors
29
Dimensional Fund Advisors
Texas
$230M +$1.84M +25,264 +0.9%
Geode Capital Management
30
Geode Capital Management
Massachusetts
$230M -$1.92M -26,336 -0.9%
Lord, Abbett & Co
31
Lord, Abbett & Co
New Jersey
$219M +$140M +1,929,315 +234%
Bank of America
32
Bank of America
North Carolina
$207M +$10.3M +141,310 +6%
FAM
33
Fred Alger Management
New York
$178M +$163M +2,241,580 New
Invesco
34
Invesco
Georgia
$173M -$69.4M -954,369 -31%
TAM
35
Third Avenue Management
New York
$164M -$35.8M -491,477 -19%
TCIM
36
TIAA CREF Investment Management
New York
$164M +$28.5M +392,073 +23%
ClearBridge Investments
37
ClearBridge Investments
New York
$144M -$36.9M -507,845 -22%
Legal & General Group
38
Legal & General Group
United Kingdom
$142M -$1.09M -15,050 -0.8%
CS
39
Credit Suisse
Switzerland
$140M -$2.31M -31,761 -2%
EIP
40
Epoch Investment Partners
New York
$139M +$537K +7,386 +0.4%
BMO
41
Beck Mack & Oliver
New York
$130M -$1.74M -23,950 -1%
IGIM
42
I.G. Investment Management
Manitoba, Canada
$115M -$41.3M -567,389 -28%
CB
43
Cooke & Bieler
Pennsylvania
$112M -$1.41M -19,337 -1%
UBS AM
44
UBS AM
Illinois
$112M +$3.69M +50,670 +4%
Franklin Resources
45
Franklin Resources
California
$111M -$182M -2,502,806 -64%
Deutsche Bank
46
Deutsche Bank
Germany
$108M -$36.5M -501,147 -27%
Neuberger Berman Group
47
Neuberger Berman Group
New York
$107M +$4.08M +56,126 +4%
Point72 Asset Management
48
Point72 Asset Management
Connecticut
$106M +$96.9M +1,332,330 New
Canada Life
49
Canada Life
Manitoba, Canada
$103M +$6.65M +91,478 +8%
American Century Companies
50
American Century Companies
Missouri
$103M -$26.7M -366,834 -22%

DVN Hedge Fund Activity: Q2 2014 in Review

899 of the 3,479 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.