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Devon Energy

732 hedge funds and large institutions have $13.1B invested in Devon Energy in 2017 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 289 increasing their positions, 265 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more repeat investments, than reductions

Existing positions increased: 289 | Existing positions reduced: 265

0.15% less ownership

Funds ownership: 78.17%78.01% (-0.15%)

2% less call options, than puts

Call options by funds: $264M | Put options by funds: $268M

5% less funds holding

Funds holding: 774732 (-42)

23% less capital invested

Capital invested by funds: $17.1B → $13.1B (-$3.99B)

36% less funds holding in top 10

Funds holding in top 10: 149 (-5)

37% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 100

Holders
732
Holders Change
-42
Holders Change %
-5.43%
% of All Funds
18.25%
Holding in Top 10
9
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-35.71%
% of All Funds
0.22%
New
63
Increased
289
Reduced
265
Closed
100
Calls
$264M
Puts
$268M
Net Calls
-$4.36M
Net Calls Change
-$29.8M
Name Holding Trade Value Shares
Change
Change in
Stake
State Farm Mutual Automobile Insurance
26
State Farm Mutual Automobile Insurance
Illinois
$101M
Franklin Resources
27
Franklin Resources
California
$98.1M +$9.77M +267,180 +10%
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$96.9M -$17.1M -467,539 -13%
Morgan Stanley
29
Morgan Stanley
New York
$95.3M +$41M +1,122,431 +60%
AQR Capital Management
30
AQR Capital Management
Connecticut
$95.2M +$82.5M +2,255,424 +313%
TBC
31
Tweedy, Browne Co
Connecticut
$91.5M -$12.7M -346,247 -11%
Neuberger Berman Group
32
Neuberger Berman Group
New York
$89.6M -$85.1M -2,327,569 -45%
Legal & General Group
33
Legal & General Group
United Kingdom
$82.8M -$502K -13,716 -0.5%
SC
34
Sasco Capital
Connecticut
$79.3M -$1.87M -51,230 -2%
BGIM
35
Brandywine Global Investment Management
Pennsylvania
$73.4M +$3.13M +85,550 +4%
LBA
36
Letko, Brosseau & Associates
Quebec, Canada
$72.2M -$1.97M -53,820 -2%
ClearBridge Investments
37
ClearBridge Investments
New York
$69M +$560K +15,309 +0.7%
Wellington Management Group
38
Wellington Management Group
Massachusetts
$68.6M -$6.51M -178,117 -8%
KL
39
KGH Ltd
Bahamas
$67.4M -$6.25M -171,011 -8%
Charles Schwab
40
Charles Schwab
California
$62.5M +$3.21M +87,912 +5%
JP Morgan Chase
41
JP Morgan Chase
New York
$59.6M -$1.41M -38,647 -2%
Swiss National Bank
42
Swiss National Bank
Switzerland
$58.2M +$5.53M +151,100 +9%
Capital Fund Management (CFM)
43
Capital Fund Management (CFM)
France
$56.1M +$14.5M +396,909 +29%
TCIM
44
TIAA CREF Investment Management
New York
$52M +$8.03M +219,581 +16%
Lord, Abbett & Co
45
Lord, Abbett & Co
New Jersey
$49.9M +$5.26M +143,851 +10%
UBS AM
46
UBS AM
Illinois
$48.8M +$4.57M +124,971 +9%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$48.1M -$2.75M -75,174 -5%
Wells Fargo
48
Wells Fargo
California
$48M +$11.3M +307,909 +26%
CI Investments Inc
49
CI Investments Inc
Ontario, Canada
$47.7M -$80.4K -2,200 -0.1%
EVM
50
Eaton Vance Management
Massachusetts
$45.5M -$18.3K -500 -0%

DVN Hedge Fund Activity: Q2 2017 in Review

732 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2017, worth a combined $13.1B — down 23% from $17.1B a quarter earlier.

Sellers outnumbered buyers: 100 funds closed out of DVN and 63 opened new positions — a net loss of 37 holders — while 265 trimmed existing stakes and 289 added.

The largest buyer was Citadel Advisors, adding an estimated $123M. The largest seller was Bank of America, cutting an estimated $269M.

  • 732 institutional investors held Devon Energy (DVN) as of Q2 2017, down from 774 in Q1 2017.
  • Funds reported $13.1B of Devon Energy stock for Q2 2017, down 23% quarter-over-quarter.
  • 63 funds opened new Devon Energy positions in Q2 2017 and 100 closed out, a net change of -37 holders.
  • The largest Devon Energy buyer in Q2 2017 was Citadel Advisors, an estimated $123M added.
  • The largest Devon Energy seller in Q2 2017 was Bank of America, an estimated $269M sold.

Based on aggregated 13F filings for Q2 2017.