Devon Energy
DVN
550 hedge funds and large institutions have $2.27B invested in Devon Energy in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 196 increasing their positions, 197 reducing their positions, and 130 closing their positions.
2.81% more ownership
Funds ownership: 82.04% → 84.85% (+2.8%)
1% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 197
5% less call options, than puts
Call options by funds: $19M | Put options by funds: $20.1M
12% less funds holding
Funds holding: 624 → 550 (-74)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
52% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 130
72% less capital invested
Capital invested by funds: $8.18B → $2.27B (-$5.91B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$161M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$115M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$63M |
| 4 |
D.E. Shaw & Co
New York
|
+$59.8M |
| 5 |
Holocene Advisors
New York
|
+$55.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$117M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$83.2M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$73.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.6M |
| 5 |
Renaissance Technologies
New York
|
-$43.1M |
DVN Hedge Fund Activity: Q1 2020 in Review
550 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2020, worth a combined $2.27B — down 72% from $8.18B a quarter earlier.
Sellers outnumbered buyers: 130 funds closed out of DVN and 63 opened new positions — a net loss of 67 holders — while 197 trimmed existing stakes and 196 added.
The largest buyer was Victory Capital Management, adding an estimated $161M. The largest seller was Citadel Advisors, cutting an estimated $117M.
- 550 institutional investors held Devon Energy (DVN) as of Q1 2020, down from 624 in Q4 2019.
- Funds reported $2.27B of Devon Energy stock for Q1 2020, down 72% quarter-over-quarter.
- 63 funds opened new Devon Energy positions in Q1 2020 and 130 closed out, a net change of -67 holders.
- The largest Devon Energy buyer in Q1 2020 was Victory Capital Management, an estimated $161M added.
- The largest Devon Energy seller in Q1 2020 was Citadel Advisors, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2020.