Devon Energy
769 hedge funds and large institutions have $14B invested in Devon Energy in 2018 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 259 increasing their positions, 286 reducing their positions, and 99 closing their positions.
1.11% more ownership
Funds ownership: 82.51% → 83.62% (+1.1%)
3% more call options, than puts
Call options by funds: $278M | Put options by funds: $271M
5% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 99
9% less repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 286
2% less funds holding
Funds holding: 786 → 769 (-17)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
22% less capital invested
Capital invested by funds: $17.9B → $14B (-$3.95B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$360M |
| 2 |
BlackRock
New York
|
+$217M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$159M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$112M |
| 5 |
D.E. Shaw & Co
New York
|
+$94.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$293M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$129M |
| 3 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$120M |
| 4 |
Renaissance Technologies
New York
|
-$102M |
| 5 |
Goldman Sachs
New York
|
-$85.3M |
DVN Hedge Fund Activity: Q1 2018 in Review
769 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2018, worth a combined $14B — down 22% from $17.9B a quarter earlier.
Sellers outnumbered buyers: 99 funds closed out of DVN and 94 opened new positions — a net loss of 5 holders — while 286 trimmed existing stakes and 259 added.
The largest buyer was Vanguard Group, adding an estimated $360M. The largest seller was PointState Capital, exiting entirely with an estimated $293M sold.
- 769 institutional investors held Devon Energy (DVN) as of Q1 2018, down from 786 in Q4 2017.
- Funds reported $14B of Devon Energy stock for Q1 2018, down 22% quarter-over-quarter.
- 94 funds opened new Devon Energy positions in Q1 2018 and 99 closed out, a net change of -5 holders.
- The largest Devon Energy buyer in Q1 2018 was Vanguard Group, an estimated $360M added.
- The largest Devon Energy seller in Q1 2018 was PointState Capital, an estimated $293M sold.
Based on aggregated 13F filings for Q1 2018.