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Devon Energy

751 hedge funds and large institutions have $18B invested in Devon Energy in 2016 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 243 increasing their positions, 305 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more funds holding in top 10

Funds holding in top 10: 1519 (+4)

24% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 62

24% more capital invested

Capital invested by funds: $14.6B → $18B (+$3.44B)

1.69% more ownership

Funds ownership: 76.68%78.37% (+1.7%)

0% more funds holding

Funds holding: 748751 (+3)

17% less call options, than puts

Call options by funds: $316M | Put options by funds: $379M

20% less repeat investments, than reductions

Existing positions increased: 243 | Existing positions reduced: 305

Holders
751
Holders Change
+3
Holders Change %
+0.4%
% of All Funds
20.04%
Holding in Top 10
19
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+26.67%
% of All Funds
0.51%
New
77
Increased
243
Reduced
305
Closed
62
Calls
$316M
Puts
$379M
Net Calls
-$63.3M
Net Calls Change
+$11.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BGIM
26
Brandywine Global Investment Management
Pennsylvania
$173M -$37.6M -926,387 -19%
Renaissance Technologies
27
Renaissance Technologies
New York
$170M +$13M +319,800 +9%
SC
28
Sasco Capital
Connecticut
$155M -$12.1M -297,751 -8%
Franklin Resources
29
Franklin Resources
California
$153M -$50.6M -1,246,136 -26%
TBC
30
Tweedy, Browne Co
Connecticut
$149M -$16.3M -402,149 -11%
State Farm Mutual Automobile Insurance
31
State Farm Mutual Automobile Insurance
Illinois
$139M
Citadel Advisors
32
Citadel Advisors
Florida
$135M +$88M +2,167,131 +240%
AllianceBernstein
33
AllianceBernstein
Tennessee
$127M +$20.5M +504,530 +21%
Victory Capital Management
34
Victory Capital Management
Texas
$123M +$23.6M +581,006 +26%
Legal & General Group
35
Legal & General Group
United Kingdom
$115M +$2.51M +61,864 +2%
LBA
36
Letko, Brosseau & Associates
Quebec, Canada
$111M -$2.58M -63,550 -2%
CLM
37
ClearBridge LLC (Maryland)
Maryland
$109M -$16.9M -417,450 -15%
Balyasny Asset Management
38
Balyasny Asset Management
Illinois
$98M +$62M +1,528,405 +220%
KL
39
KGH Ltd
Bahamas
$97.2M +$39.7M +977,643 +80%
ClearBridge Investments
40
ClearBridge Investments
New York
$96.3M -$1.97M -48,444 -2%
Wellington Management Group
41
Wellington Management Group
Massachusetts
$88.3M +$10.3M +254,641 +15%
CI Investments Inc
42
CI Investments Inc
Ontario, Canada
$85.2M -$15.1M -370,950 -16%
PPA
43
Parametric Portfolio Associates
Washington
$80.9M -$23.9M -589,866 -24%
EVM
44
Eaton Vance Management
Massachusetts
$79.3M -$211K -5,209 -0.3%
Lord, Abbett & Co
45
Lord, Abbett & Co
New Jersey
$78M -$4.53M -111,487 -6%
Charles Schwab
46
Charles Schwab
California
$74.4M -$3.56M -87,620 -5%
VFA
47
Virtus Fund Advisers
Connecticut
$72.1M +$52.9M +1,304,207 +394%
PNC Financial Services Group
48
PNC Financial Services Group
Pennsylvania
$70.2M +$60.2M +1,482,983 +1,379%
Dimensional Fund Advisors
49
Dimensional Fund Advisors
Texas
$68.5M -$994K -24,500 -2%
Sumitomo Mitsui Trust Group
50
Sumitomo Mitsui Trust Group
Japan
$68M +$2.34M +57,741 +4%

DVN Hedge Fund Activity: Q3 2016 in Review

751 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2016, worth a combined $18B — up 24% from $14.6B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new DVN positions and 62 closed out — a net gain of 15 holders — while 243 added to existing stakes and 305 trimmed.

The largest buyer was Bank of America, adding an estimated $344M. The largest seller was T. Rowe Price Associates, cutting an estimated $122M.

  • 751 institutional investors held Devon Energy (DVN) as of Q3 2016, up from 748 in Q2 2016.
  • Funds reported $18B of Devon Energy stock for Q3 2016, up 24% quarter-over-quarter.
  • 77 funds opened new Devon Energy positions in Q3 2016 and 62 closed out, a net change of +15 holders.
  • The largest Devon Energy buyer in Q3 2016 was Bank of America, an estimated $344M added.
  • The largest Devon Energy seller in Q3 2016 was T. Rowe Price Associates, an estimated $122M sold.

Based on aggregated 13F filings for Q3 2016.