Devon Energy
532 hedge funds and large institutions have $3.46B invested in Devon Energy in 2020 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 161 increasing their positions, 212 reducing their positions, and 98 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
53% more capital invested
Capital invested by funds: $2.27B → $3.46B (+$1.19B)
3% less funds holding
Funds holding: 550 → 532 (-18)
5.11% less ownership
Funds ownership: 84.85% → 79.74% (-5.1%)
15% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 98
24% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 212
24% less call options, than puts
Call options by funds: $35.6M | Put options by funds: $47.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$57M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$41.2M |
| 3 |
Millennium Management
New York
|
+$30.3M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$24.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$101M |
| 2 |
BlackRock
New York
|
-$62M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$51.1M |
| 4 |
Goldman Sachs
New York
|
-$31.9M |
| 5 |
Holocene Advisors
New York
|
-$30.3M |
DVN Hedge Fund Activity: Q2 2020 in Review
532 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2020, worth a combined $3.46B — up 53% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 98 funds closed out of DVN and 83 opened new positions — a net loss of 15 holders — while 212 trimmed existing stakes and 161 added.
The largest buyer was Arrowstreet Capital, adding an estimated $57M. The largest seller was Victory Capital Management, cutting an estimated $101M.
- 532 institutional investors held Devon Energy (DVN) as of Q2 2020, down from 550 in Q1 2020.
- Funds reported $3.46B of Devon Energy stock for Q2 2020, up 53% quarter-over-quarter.
- 83 funds opened new Devon Energy positions in Q2 2020 and 98 closed out, a net change of -15 holders.
- The largest Devon Energy buyer in Q2 2020 was Arrowstreet Capital, an estimated $57M added.
- The largest Devon Energy seller in Q2 2020 was Victory Capital Management, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2020.