Devon Energy
656 hedge funds and large institutions have $8.59B invested in Devon Energy in 2018 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 185 increasing their positions, 302 reducing their positions, and 151 closing their positions.
133% more call options, than puts
Call options by funds: $353M | Put options by funds: $151M
4.2% more ownership
Funds ownership: 77.39% → 81.59% (+4.2%)
12% less funds holding
Funds holding: 743 → 656 (-87)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
39% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 302
45% less capital invested
Capital invested by funds: $15.7B → $8.59B (-$7.11B)
54% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 151
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$243M |
| 2 |
EM
Elliott Management
New York
|
+$168M |
| 3 |
Renaissance Technologies
New York
|
+$64.1M |
| 4 |
Man Group
London,
United Kingdom
|
+$58.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$114M |
| 2 |
Goldman Sachs
New York
|
-$83.1M |
| 3 |
Neuberger Berman Group
New York
|
-$83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$81M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$59.3M |
DVN Hedge Fund Activity: Q4 2018 in Review
656 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2018, worth a combined $8.59B — down 45% from $15.7B a quarter earlier.
Sellers outnumbered buyers: 151 funds closed out of DVN and 70 opened new positions — a net loss of 81 holders — while 302 trimmed existing stakes and 185 added.
The largest buyer was Citadel Advisors, adding an estimated $243M. The largest seller was BlackRock, cutting an estimated $114M.
- 656 institutional investors held Devon Energy (DVN) as of Q4 2018, down from 743 in Q3 2018.
- Funds reported $8.59B of Devon Energy stock for Q4 2018, down 45% quarter-over-quarter.
- 70 funds opened new Devon Energy positions in Q4 2018 and 151 closed out, a net change of -81 holders.
- The largest Devon Energy buyer in Q4 2018 was Citadel Advisors, an estimated $243M added.
- The largest Devon Energy seller in Q4 2018 was BlackRock, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2018.