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Devon Energy

742 hedge funds and large institutions have $17B invested in Devon Energy in 2021 Q2 according to their latest regulatory filings, with 155 funds opening new positions, 258 increasing their positions, 211 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 79

81% more call options, than puts

Call options by funds: $593M | Put options by funds: $327M

40% more funds holding in top 10

Funds holding in top 10: 2028 (+8)

39% more capital invested

Capital invested by funds: $12.2B → $17B (+$4.76B)

22% more repeat investments, than reductions

Existing positions increased: 258 | Existing positions reduced: 211

10% more funds holding

Funds holding: 672742 (+70)

2.83% more ownership

Funds ownership: 83.44%86.27% (+2.8%)

Holders
742
Holders Change
+70
Holders Change %
+10.42%
% of All Funds
12.92%
Holding in Top 10
28
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+40%
% of All Funds
0.49%
New
155
Increased
258
Reduced
211
Closed
79
Calls
$593M
Puts
$327M
Net Calls
+$266M
Net Calls Change
+$274M
Name Holding Trade Value Shares
Change
Change in
Stake
CM
76
Caption Management
Oklahoma
$29.9M +$26.5M +1,024,000 New
FWM
77
Frontier Wealth Management
Missouri
$29M +$25.7M +993,571 New
Millennium Management
78
Millennium Management
New York
$28.5M -$132M -5,096,962 -84%
National Pension Service
79
National Pension Service
South Korea
$28.1M
HighTower Advisors
80
HighTower Advisors
Illinois
$27.5M +$11.7M +451,117 +92%
MIM
81
Merewether Investment Management
Texas
$27.4M -$16.5M -637,167 -40%
SC
82
Sasco Capital
Connecticut
$25.6M
First Trust Advisors
83
First Trust Advisors
Illinois
$25.3M +$8.1M +313,498 +57%
VRS
84
Virginia Retirement Systems
Virginia
$23.4M +$4.13M +159,600 +25%
SDIC
85
South Dakota Investment Council
South Dakota
$23.3M -$3M -116,054 -13%
State Board of Administration of Florida Retirement System
86
State Board of Administration of Florida Retirement System
Florida
$22.9M -$1.2M -46,435 -6%
Principal Financial Group
87
Principal Financial Group
Iowa
$21.8M +$731K +28,260 +4%
NI
88
Nepsis Inc
Minnesota
$21.4M -$1.71M -66,152 -8%
New York State Teachers Retirement System (NYSTRS)
89
New York State Teachers Retirement System (NYSTRS)
New York
$21.3M -$691K -26,735 -4%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$21.1M +$2.17M +83,875 +13%
CCM
91
Cobalt Capital Management
New Jersey
$20.4M +$4.52M +175,000 +33%
Rafferty Asset Management
92
Rafferty Asset Management
New York
$19.7M +$8.6M +332,643 +97%
Prudential Financial
93
Prudential Financial
New Jersey
$18.3M -$494K -19,113 -3%
JG
94
Jefferies Group
New York
$17.9M +$9.71M +375,529 +158%
CRC
95
Curi RMB Capital
Illinois
$17.7M +$523K +20,218 +3%
NP
96
Ninepoint Partners
Ontario, Canada
$17.5M +$15.5M +600,000 New
Teacher Retirement System of Texas
97
Teacher Retirement System of Texas
Texas
$17.4M +$4.64M +179,443 +43%
FG
98
Formula Growth
Quebec, Canada
$16.6M +$4.24M +164,000 +40%
SG Americas Securities
99
SG Americas Securities
New York
$16.1M +$5.22M +201,936 +58%
Allianz Asset Management
100
Allianz Asset Management
Germany
$16M -$5.85M -226,393 -29%

DVN Hedge Fund Activity: Q2 2021 in Review

742 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2021, worth a combined $17B — up 39% from $12.2B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new DVN positions and 79 closed out — a net gain of 76 holders — while 258 added to existing stakes and 211 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $229M. The largest seller was Millennium Management, cutting an estimated $132M.

  • 742 institutional investors held Devon Energy (DVN) as of Q2 2021, up from 672 in Q1 2021.
  • Funds reported $17B of Devon Energy stock for Q2 2021, up 39% quarter-over-quarter.
  • 155 funds opened new Devon Energy positions in Q2 2021 and 79 closed out, a net change of +76 holders.
  • The largest Devon Energy buyer in Q2 2021 was Fidelity Investments, an estimated $229M added.
  • The largest Devon Energy seller in Q2 2021 was Millennium Management, an estimated $132M sold.

Based on aggregated 13F filings for Q2 2021.