Devon Energy
1,217 hedge funds and large institutions have $21.8B invested in Devon Energy in 2024 Q2 according to their latest regulatory filings, with 114 funds opening new positions, 499 increasing their positions, 427 reducing their positions, and 111 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 499 | Existing positions reduced: 427
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
1.45% more ownership
Funds ownership: 71.32% → 72.78% (+1.5%)
8% more call options, than puts
Call options by funds: $1.1B | Put options by funds: $1.02B
3% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 111
4% less capital invested
Capital invested by funds: $22.7B → $21.8B (-$912M)
1% less funds holding
Funds holding: 1,232 → 1,217 (-15)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$193M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$97M |
| 3 |
State Street
Boston,
Massachusetts
|
+$88.6M |
| 4 |
Millennium Management
New York
|
+$74.6M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$71.1M |
Top Sellers
| 1 |
BlackRock
New York
|
-$264M |
| 2 |
D.E. Shaw & Co
New York
|
-$127M |
| 3 |
Two Sigma Advisers
New York
|
-$83M |
| 4 |
Goldman Sachs
New York
|
-$61.2M |
| 5 |
Renaissance Technologies
New York
|
-$51.6M |
DVN Hedge Fund Activity: Q2 2024 in Review
1,217 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2024, worth a combined $21.8B — down 4% from $22.7B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new DVN positions and 111 closed out — a net gain of 3 holders — while 499 added to existing stakes and 427 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $193M. The largest seller was BlackRock, cutting an estimated $264M.
- 1,217 institutional investors held Devon Energy (DVN) as of Q2 2024, down from 1,232 in Q1 2024.
- Funds reported $21.8B of Devon Energy stock for Q2 2024, down 4% quarter-over-quarter.
- 114 funds opened new Devon Energy positions in Q2 2024 and 111 closed out, a net change of +3 holders.
- The largest Devon Energy buyer in Q2 2024 was Citadel Advisors, an estimated $193M added.
- The largest Devon Energy seller in Q2 2024 was BlackRock, an estimated $264M sold.
Based on aggregated 13F filings for Q2 2024.