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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
UAML
1151
US Asset Management LLC
Pennsylvania
$16K -$569 -10 -3%
BHWM
1152
Beaird Harris Wealth Management
Texas
$16K
CHA
1153
Carmichael Hill & Associates
Maryland
$15.2K +$17.1K +300 New
CT
1154
Caldwell Trust
Florida
$14.4K +$16.2K +285 New
RG
1155
Retirement Group
California
$14K +$11.7K +205 +273%
DGAM
1156
Desjardins Global Asset Management
Quebec, Canada
$14K +$15.4K +271 New
RIA
1157
Retirement Investment Advisors
Oklahoma
$13.8K +$15.5K +273 New
PWMG
1158
Prestige Wealth Management Group
New Jersey
$13.7K -$1.08K -19 -7%
WP
1159
WealthPLAN Partners
Nebraska
$13.3K +$14.9K +262 New
JFA
1160
JNBA Financial Advisors
Minnesota
$13.2K -$13.5K -237 -48%
WWM
1161
Wolff Wiese Magana
California
$13.1K -$930K -16,341 -98%
LWA
1162
Lowe Wealth Advisors
Maryland
$13.1K -$24.5K -430 -63%
SFG
1163
Steward Financial Group
Texas
$13K +$5.63K +99 +61%
CIA
1164
Cape Investment Advisory
Georgia
$12.8K +$14.4K +253 New
PA
1165
PSI Advisors
Florida
$12.1K +$2.85K +50 +26%
RFG
1166
RFP Financial Group
Georgia
$11.5K
BWP
1167
Baldwin Wealth Partners
Massachusetts
$11.3K
BWM
1168
BerganKDV Wealth Management
Minnesota
$11.3K -$740 -13 -5%
SC
1169
SouthState Corp
Florida
$11.1K -$3.98K -70 -24%
FMP
1170
Financial Management Professionals
Texas
$11K -$1.08K -19 -8%
SC
1171
Schubert & Co
Texas
$10.3K -$3.76K -66 -24%
BIA
1172
Bell Investment Advisors
California
$10.3K -$2.62K -46 -18%
CAC
1173
Core Alternative Capital
Georgia
$10.2K +$1.02K +18 +10%
TCM
1174
TD Capital Management
Tennessee
$10.2K
HWA
1175
Heritage Wealth Advisors
Virginia
$10.1K

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.