Devon Energy
DVN
878 hedge funds and large institutions have $19.5B invested in Devon Energy in 2014 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 283 increasing their positions, 374 reducing their positions, and 97 closing their positions.
38% more call options, than puts
Call options by funds: $616M | Put options by funds: $447M
14% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 97
0% more funds holding
Funds holding: 876 → 878 (+2)
0.25% less ownership
Funds ownership: 77.97% → 77.72% (-0.25%)
10% less capital invested
Capital invested by funds: $21.7B → $19.5B (-$2.24B)
15% less funds holding in top 10
Funds holding in top 10: 27 → 23 (-4)
24% less repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 374
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$315M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$229M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$189M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$121M |
| 5 |
State Street
Boston,
Massachusetts
|
+$98.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
-$183M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$149M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$124M |
| 4 |
IVA
International Value Advisers
|
-$120M |
| 5 |
Bank of New York Mellon
New York
|
-$116M |
DVN Hedge Fund Activity: Q4 2014 in Review
878 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2014, worth a combined $19.5B — down 10% from $21.7B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new DVN positions and 97 closed out — a net gain of 14 holders — while 283 added to existing stakes and 374 trimmed.
The largest buyer was Invesco, adding an estimated $315M. The largest seller was Marketfield Asset Management, exiting entirely with an estimated $183M sold.
- 878 institutional investors held Devon Energy (DVN) as of Q4 2014, up from 876 in Q3 2014.
- Funds reported $19.5B of Devon Energy stock for Q4 2014, down 10% quarter-over-quarter.
- 111 funds opened new Devon Energy positions in Q4 2014 and 97 closed out, a net change of +14 holders.
- The largest Devon Energy buyer in Q4 2014 was Invesco, an estimated $315M added.
- The largest Devon Energy seller in Q4 2014 was Marketfield Asset Management, an estimated $183M sold.
Based on aggregated 13F filings for Q4 2014.