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Devon Energy

1,238 hedge funds and large institutions have $23.7B invested in Devon Energy in 2023 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 559 increasing their positions, 416 reducing their positions, and 196 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 559 | Existing positions reduced: 416

20% more call options, than puts

Call options by funds: $1.36B | Put options by funds: $1.14B

3.61% less ownership

Funds ownership: 75.17%71.56% (-3.6%)

7% less funds holding

Funds holding: 1,3331,238 (-95)

24% less capital invested

Capital invested by funds: $31.2B → $23.7B (-$7.48B)

33% less first-time investments, than exits

New positions opened: 131 | Existing positions closed: 196

45% less funds holding in top 10

Funds holding in top 10: 3117 (-14)

Holders
1,238
Holders Change
-95
Holders Change %
-7.13%
% of All Funds
19.73%
Holding in Top 10
17
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-45.16%
% of All Funds
0.27%
New
131
Increased
559
Reduced
416
Closed
196
Calls
$1.36B
Puts
$1.14B
Net Calls
+$224M
Net Calls Change
-$279M
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1026
Carmel Capital Partners
California
$159K +$179K +3,146 New
MA
1027
Montag & Associates
Georgia
$159K +$110K +1,941 +162%
FMII
1028
Farmers & Merchants Investments Inc
Nebraska
$156K -$279K -4,906 -61%
NSIM
1029
North Star Investment Management
Illinois
$155K +$22.8K +400 +15%
SGA
1030
Seaport Global Advisors
Massachusetts
$154K +$173K +3,046 New
IGWM
1031
ICA Group Wealth Management
Colorado
$154K +$35.9K +630 +26%
ACM
1032
Adalta Capital Management
New York
$153K
FHA
1033
First Horizon Advisors
Tennessee
$146K -$13.1K -231 -7%
WTC
1034
WhitTier Trust Company
Nevada
$145K +$1.54K +27 +1%
CFO
1035
CVA Family Office
Colorado
$135K -$17.4K -306 -10%
PG
1036
Proffitt & Goodson
Tennessee
$127K
BWL
1037
Bogart Wealth LLC
Virginia
$127K +$26.8K +470 +23%
HFM
1038
Hartford Financial Management
Connecticut
$125K
SCA
1039
Stonebridge Capital Advisors
Minnesota
$125K
TAM
1040
Tucker Asset Management
Colorado
$122K -$11.4K -200 -8%
TFA
1041
Transamerica Financial Advisors
Florida
$121K +$1.65K +29 +1%
AAG
1042
Armstrong Advisory Group
Massachusetts
$119K -$11.4K -200 -8%
C
1043
Covestor
United Kingdom
$116K -$8.54K -150 -6%
MA
1044
MCF Advisors
Kentucky
$115K +$34K +597 +36%
ETH
1045
Exos TFP Holdings
New York
$115K +$48.2K +847 +60%
LWP
1046
Lumature Wealth Partners
Georgia
$114K +$45.5K +800 +55%
HNB
1047
Huntington National Bank
Ohio
$111K +$19.1K +336 +18%
SAM
1048
S.A. Mason
Michigan
$109K +$5.92K +104 +5%
ATC
1049
Adirondack Trust Company
New York
$107K +$33K +580 +38%
BLC
1050
Brown, Lisle/Cummings
Rhode Island
$106K

DVN Hedge Fund Activity: Q1 2023 in Review

1,238 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2023, worth a combined $23.7B — down 24% from $31.2B a quarter earlier.

Sellers outnumbered buyers: 196 funds closed out of DVN and 131 opened new positions — a net loss of 65 holders — while 416 trimmed existing stakes and 559 added.

The largest buyer was Millennium Management, adding an estimated $124M. The largest seller was Fidelity Investments, cutting an estimated $338M.

  • 1,238 institutional investors held Devon Energy (DVN) as of Q1 2023, down from 1,333 in Q4 2022.
  • Funds reported $23.7B of Devon Energy stock for Q1 2023, down 24% quarter-over-quarter.
  • 131 funds opened new Devon Energy positions in Q1 2023 and 196 closed out, a net change of -65 holders.
  • The largest Devon Energy buyer in Q1 2023 was Millennium Management, an estimated $124M added.
  • The largest Devon Energy seller in Q1 2023 was Fidelity Investments, an estimated $338M sold.

Based on aggregated 13F filings for Q1 2023.