Devon Energy
745 hedge funds and large institutions have $12.1B invested in Devon Energy in 2015 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 257 increasing their positions, 308 reducing their positions, and 132 closing their positions.
1.66% more ownership
Funds ownership: 77.8% → 79.46% (+1.7%)
3% less call options, than puts
Call options by funds: $216M | Put options by funds: $223M
10% less funds holding
Funds holding: 829 → 745 (-84)
17% less repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 308
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
36% less capital invested
Capital invested by funds: $18.9B → $12.1B (-$6.87B)
58% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$223M |
| 2 |
Millennium Management
New York
|
+$152M |
| 3 |
D.E. Shaw & Co
New York
|
+$138M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$87.3M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$71.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$223M |
| 2 |
Goldman Sachs
New York
|
-$168M |
| 3 |
Lazard Asset Management
New York
|
-$108M |
| 4 |
FAM
Fred Alger Management
New York
|
-$98.1M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$89.5M |
DVN Hedge Fund Activity: Q3 2015 in Review
745 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2015, worth a combined $12.1B — down 36% from $18.9B a quarter earlier.
Sellers outnumbered buyers: 132 funds closed out of DVN and 55 opened new positions — a net loss of 77 holders — while 308 trimmed existing stakes and 257 added.
The largest buyer was Bank of America, adding an estimated $223M. The largest seller was Third Point, exiting entirely with an estimated $223M sold.
- 745 institutional investors held Devon Energy (DVN) as of Q3 2015, down from 829 in Q2 2015.
- Funds reported $12.1B of Devon Energy stock for Q3 2015, down 36% quarter-over-quarter.
- 55 funds opened new Devon Energy positions in Q3 2015 and 132 closed out, a net change of -77 holders.
- The largest Devon Energy buyer in Q3 2015 was Bank of America, an estimated $223M added.
- The largest Devon Energy seller in Q3 2015 was Third Point, an estimated $223M sold.
Based on aggregated 13F filings for Q3 2015.