Devon Energy
624 hedge funds and large institutions have $8.18B invested in Devon Energy in 2019 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 166 increasing their positions, 262 reducing their positions, and 61 closing their positions.
59% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 61
27% more call options, than puts
Call options by funds: $163M | Put options by funds: $128M
4% more funds holding
Funds holding: 599 → 624 (+25)
1% less capital invested
Capital invested by funds: $8.23B → $8.18B (-$50M)
2.62% less ownership
Funds ownership: 84.65% → 82.04% (-2.6%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
37% less repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 262
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$103M |
| 2 |
Holocene Advisors
New York
|
+$49.4M |
| 3 |
SCM
SIR Capital Management
New York
|
+$30.6M |
| 4 |
Renaissance Technologies
New York
|
+$29.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$422M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$108M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$94.1M |
| 4 |
Man Group
London,
United Kingdom
|
-$60.6M |
| 5 |
ClearBridge Investments
New York
|
-$60.5M |
DVN Hedge Fund Activity: Q4 2019 in Review
624 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2019, worth a combined $8.18B — down 0.61% from $8.23B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new DVN positions and 61 closed out — a net gain of 36 holders — while 166 added to existing stakes and 262 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $103M. The largest seller was Elliott Management, exiting entirely with an estimated $422M sold.
- 624 institutional investors held Devon Energy (DVN) as of Q4 2019, up from 599 in Q3 2019.
- Funds reported $8.18B of Devon Energy stock for Q4 2019, down 0.61% quarter-over-quarter.
- 97 funds opened new Devon Energy positions in Q4 2019 and 61 closed out, a net change of +36 holders.
- The largest Devon Energy buyer in Q4 2019 was T. Rowe Price Associates, an estimated $103M added.
- The largest Devon Energy seller in Q4 2019 was Elliott Management, an estimated $422M sold.
Based on aggregated 13F filings for Q4 2019.