Devon Energy
1,217 hedge funds and large institutions have $21.1B invested in Devon Energy in 2023 Q3 according to their latest regulatory filings, with 120 funds opening new positions, 478 increasing their positions, 452 reducing their positions, and 111 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 14 → 20 (+6)
27% more call options, than puts
Call options by funds: $1.44B | Put options by funds: $1.13B
8% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 111
6% more repeat investments, than reductions
Existing positions increased: 478 | Existing positions reduced: 452
0.15% more ownership
Funds ownership: 68.83% → 68.98% (+0.15%)
0% less funds holding
Funds holding: 1,222 → 1,217 (-5)
1% less capital invested
Capital invested by funds: $21.3B → $21.1B (-$208M)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$126M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$120M |
| 3 |
Morgan Stanley
New York
|
+$112M |
| 4 |
Millennium Management
New York
|
+$80.1M |
| 5 |
Renaissance Technologies
New York
|
+$78.9M |
Top Sellers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$178M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$156M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$139M |
| 4 |
Bank of New York Mellon
New York
|
-$89.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$84M |
DVN Hedge Fund Activity: Q3 2023 in Review
1,217 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2023, worth a combined $21.1B — down 0.98% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new DVN positions and 111 closed out — a net gain of 9 holders — while 478 added to existing stakes and 452 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $126M. The largest seller was Pacer Advisors, cutting an estimated $178M.
- 1,217 institutional investors held Devon Energy (DVN) as of Q3 2023, down from 1,222 in Q2 2023.
- Funds reported $21.1B of Devon Energy stock for Q3 2023, down 0.98% quarter-over-quarter.
- 120 funds opened new Devon Energy positions in Q3 2023 and 111 closed out, a net change of +9 holders.
- The largest Devon Energy buyer in Q3 2023 was T. Rowe Price Associates, an estimated $126M added.
- The largest Devon Energy seller in Q3 2023 was Pacer Advisors, an estimated $178M sold.
Based on aggregated 13F filings for Q3 2023.