Devon Energy
DVN
688 hedge funds and large institutions have $11.2B invested in Devon Energy in 2019 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 197 increasing their positions, 265 reducing their positions, and 65 closing their positions.
89% more call options, than puts
Call options by funds: $303M | Put options by funds: $160M
65% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 65
30% more capital invested
Capital invested by funds: $8.59B → $11.2B (+$2.59B)
5% more funds holding
Funds holding: 656 → 688 (+32)
0.75% less ownership
Funds ownership: 81.59% → 80.84% (-0.75%)
26% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 265
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$67.4M |
| 2 |
Goldman Sachs
New York
|
+$56.5M |
| 3 |
Two Sigma Investments
New York
|
+$54.6M |
| 4 |
Millennium Management
New York
|
+$53.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$48.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$306M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$184M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$102M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$101M |
| 5 |
First Eagle Investment Management
New York
|
-$95M |
DVN Hedge Fund Activity: Q1 2019 in Review
688 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2019, worth a combined $11.2B — up 30% from $8.59B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new DVN positions and 65 closed out — a net gain of 42 holders — while 197 added to existing stakes and 265 trimmed.
The largest buyer was Fisher Asset Management, opening a new position worth an estimated $67.4M. The largest seller was BlackRock, cutting an estimated $306M.
- 688 institutional investors held Devon Energy (DVN) as of Q1 2019, up from 656 in Q4 2018.
- Funds reported $11.2B of Devon Energy stock for Q1 2019, up 30% quarter-over-quarter.
- 107 funds opened new Devon Energy positions in Q1 2019 and 65 closed out, a net change of +42 holders.
- The largest Devon Energy buyer in Q1 2019 was Fisher Asset Management, an estimated $67.4M added.
- The largest Devon Energy seller in Q1 2019 was BlackRock, an estimated $306M sold.
Based on aggregated 13F filings for Q1 2019.