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Devon Energy

672 hedge funds and large institutions have $12.2B invested in Devon Energy in 2021 Q1 according to their latest regulatory filings, with 217 funds opening new positions, 275 increasing their positions, 119 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more first-time investments, than exits

New positions opened: 217 | Existing positions closed: 74

186% more funds holding in top 10

Funds holding in top 10: 720 (+13)

141% more capital invested

Capital invested by funds: $5.09B → $12.2B (+$7.16B)

131% more repeat investments, than reductions

Existing positions increased: 275 | Existing positions reduced: 119

26% more funds holding

Funds holding: 533672 (+139)

0.63% less ownership

Funds ownership: 84.07%83.44% (-0.63%)

4% less call options, than puts

Call options by funds: $167M | Put options by funds: $174M

Holders
672
Holders Change
+139
Holders Change %
+26.08%
% of All Funds
11.8%
Holding in Top 10
20
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+185.71%
% of All Funds
0.35%
New
217
Increased
275
Reduced
119
Closed
74
Calls
$167M
Puts
$174M
Net Calls
-$7.77M
Net Calls Change
+$53.9M
Name Holding Trade Value Shares
Change
Change in
Stake
ECA
51
Encompass Capital Advisors
New York
$39.6M +$37.3M +1,813,400 New
UBS AM
52
UBS AM
Illinois
$38.9M +$22.6M +1,098,550 +161%
American Century Companies
53
American Century Companies
Missouri
$38.9M -$11.9M -576,012 -24%
Manulife (Manufacturers Life Insurance)
54
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$38.2M +$12.3M +596,290 +52%
CAPTRUST Financial Advisors
55
CAPTRUST Financial Advisors
North Carolina
$37.7M +$4.6M +223,618 +15%
LSV Asset Management
56
LSV Asset Management
Illinois
$35.8M -$3.8M -184,700 -10%
AR
57
Advisory Research
Illinois
$34.9M +$32.9M +1,596,742 New
Fiera Capital (Canada)
58
Fiera Capital (Canada)
Quebec, Canada
$34.5M +$32.5M +1,578,706 New
MIM
59
Merewether Investment Management
Texas
$34.4M +$32.4M +1,575,709 New
JP Morgan Chase
60
JP Morgan Chase
New York
$34.1M +$5.29M +257,277 +20%
AQR Capital Management
61
AQR Capital Management
Connecticut
$33.1M +$20.2M +980,711 +179%
Barclays
62
Barclays
United Kingdom
$31.2M +$7.49M +364,093 +34%
KL
63
KGH Ltd
Bahamas
$30.9M +$23.4M +1,138,593 +411%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$30.7M +$8.7M +422,629 +43%
UBS Group
65
UBS Group
Switzerland
$29.7M +$16.9M +821,596 +153%
CS
66
Credit Suisse
Switzerland
$25.6M -$989K -48,075 -4%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$24.4M +$14M +679,796 +155%
LBA
68
Letko, Brosseau & Associates
Quebec, Canada
$24.4M -$1.01M -49,300 -4%
Balyasny Asset Management
69
Balyasny Asset Management
Illinois
$24M +$22.6M +1,097,077 New
Marshall Wace
70
Marshall Wace
United Kingdom
$23.6M +$22.2M +1,078,686 New
RhumbLine Advisers
71
RhumbLine Advisers
Massachusetts
$23.1M +$7.39M +359,097 +52%
Citigroup
72
Citigroup
New York
$22.9M +$10.8M +525,075 +100%
WMSA
73
Weiss Multi-Strategy Advisers
New York
$22.8M -$6.6M -320,906 -24%
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$22.6M +$7.52M +365,435 +55%
Nomura Holdings
75
Nomura Holdings
Japan
$22.1M +$20.4M +992,230 +6,091%

DVN Hedge Fund Activity: Q1 2021 in Review

672 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2021, worth a combined $12.2B — up 141% from $5.09B a quarter earlier.

Buyers outnumbered sellers: 217 funds opened new DVN positions and 74 closed out — a net gain of 143 holders — while 275 added to existing stakes and 119 trimmed.

The largest buyer was EnCap Energy Capital Fund X, opening a new position worth an estimated $701M. The largest seller was Citadel Advisors, cutting an estimated $117M.

  • 672 institutional investors held Devon Energy (DVN) as of Q1 2021, up from 533 in Q4 2020.
  • Funds reported $12.2B of Devon Energy stock for Q1 2021, up 141% quarter-over-quarter.
  • 217 funds opened new Devon Energy positions in Q1 2021 and 74 closed out, a net change of +143 holders.
  • The largest Devon Energy buyer in Q1 2021 was EnCap Energy Capital Fund X, an estimated $701M added.
  • The largest Devon Energy seller in Q1 2021 was Citadel Advisors, an estimated $117M sold.

Based on aggregated 13F filings for Q1 2021.