Devon Energy
846 hedge funds and large institutions have $21.3B invested in Devon Energy in 2014 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 313 increasing their positions, 300 reducing their positions, and 55 closing their positions.
49% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 55
32% more funds holding in top 10
Funds holding in top 10: 28 → 37 (+9)
17% more call options, than puts
Call options by funds: $451M | Put options by funds: $387M
9% more capital invested
Capital invested by funds: $19.5B → $21.3B (+$1.77B)
2% more funds holding
Funds holding: 826 → 846 (+20)
4% more repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 300
0.31% more ownership
Funds ownership: 77.73% → 78.04% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$196M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$92.9M |
| 3 |
Two Sigma Investments
New York
|
+$81.8M |
| 4 |
JP Morgan Chase
New York
|
+$67.2M |
| 5 |
Bank of New York Mellon
New York
|
+$64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$331M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$249M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$63.7M |
| 4 |
CA
Cortland Advisers
Wilmington,
Delaware
|
-$60.5M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$57.6M |
DVN Hedge Fund Activity: Q1 2014 in Review
846 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2014, worth a combined $21.3B — up 9% from $19.5B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new DVN positions and 55 closed out — a net gain of 27 holders — while 313 added to existing stakes and 300 trimmed.
The largest buyer was Millennium Management, adding an estimated $196M. The largest seller was Capital Research Global Investors, cutting an estimated $331M.
- 846 institutional investors held Devon Energy (DVN) as of Q1 2014, up from 826 in Q4 2013.
- Funds reported $21.3B of Devon Energy stock for Q1 2014, up 9% quarter-over-quarter.
- 82 funds opened new Devon Energy positions in Q1 2014 and 55 closed out, a net change of +27 holders.
- The largest Devon Energy buyer in Q1 2014 was Millennium Management, an estimated $196M added.
- The largest Devon Energy seller in Q1 2014 was Capital Research Global Investors, an estimated $331M sold.
Based on aggregated 13F filings for Q1 2014.