Devon Energy
DVN
1,189 hedge funds and large institutions have $18.9B invested in Devon Energy in 2024 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 485 increasing their positions, 427 reducing their positions, and 122 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 427
4.72% more ownership
Funds ownership: 72.78% → 77.5% (+4.7%)
8% less call options, than puts
Call options by funds: $782M | Put options by funds: $848M
8% less first-time investments, than exits
New positions opened: 112 | Existing positions closed: 122
2% less funds holding
Funds holding: 1,217 → 1,189 (-28)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
13% less capital invested
Capital invested by funds: $21.8B → $18.9B (-$2.89B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EECFX
EnCap Energy Capital Fund XI
Houston,
Texas
|
+$520M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$98.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$91.5M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$73.9M |
| 5 |
Man Group
London,
United Kingdom
|
+$54.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$173M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$142M |
| 3 |
CLG
Cooperman Leon G
|
-$104M |
| 4 |
Millennium Management
New York
|
-$66.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$52.6M |
DVN Hedge Fund Activity: Q3 2024 in Review
1,189 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2024, worth a combined $18.9B — down 13% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 122 funds closed out of DVN and 112 opened new positions — a net loss of 10 holders — while 427 trimmed existing stakes and 485 added.
The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $520M. The largest seller was Citadel Advisors, cutting an estimated $173M.
- 1,189 institutional investors held Devon Energy (DVN) as of Q3 2024, down from 1,217 in Q2 2024.
- Funds reported $18.9B of Devon Energy stock for Q3 2024, down 13% quarter-over-quarter.
- 112 funds opened new Devon Energy positions in Q3 2024 and 122 closed out, a net change of -10 holders.
- The largest Devon Energy buyer in Q3 2024 was EnCap Energy Capital Fund XI, an estimated $520M added.
- The largest Devon Energy seller in Q3 2024 was Citadel Advisors, an estimated $173M sold.
Based on aggregated 13F filings for Q3 2024.