Devon Energy
827 hedge funds and large institutions have $19.5B invested in Devon Energy in 2013 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 275 increasing their positions, 306 reducing their positions, and 55 closing their positions.
107% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 55
17% more funds holding in top 10
Funds holding in top 10: 24 → 28 (+4)
13% more call options, than puts
Call options by funds: $448M | Put options by funds: $396M
7% more funds holding
Funds holding: 772 → 827 (+55)
7% more capital invested
Capital invested by funds: $18.3B → $19.5B (+$1.27B)
0.12% less ownership
Funds ownership: 77.86% → 77.74% (-0.12%)
10% less repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 306
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$197M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$61.7M |
| 3 |
HOAM
Halcyon Offshore Asset Management
New York
|
+$59.8M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$57.1M |
| 5 |
Barclays
London,
United Kingdom
|
+$55.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$217M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$162M |
| 3 |
GA
Greenhaven Associates
Purchase,
New York
|
-$81.9M |
| 4 |
AC
Alleghany Corporation
New York
|
-$75.1M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$56.4M |
DVN Hedge Fund Activity: Q4 2013 in Review
827 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2013, worth a combined $19.5B — up 7% from $18.3B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new DVN positions and 55 closed out — a net gain of 59 holders — while 275 added to existing stakes and 306 trimmed.
The largest buyer was Marketfield Asset Management, opening a new position worth an estimated $197M. The largest seller was JP Morgan Chase, cutting an estimated $217M.
- 827 institutional investors held Devon Energy (DVN) as of Q4 2013, up from 772 in Q3 2013.
- Funds reported $19.5B of Devon Energy stock for Q4 2013, up 7% quarter-over-quarter.
- 114 funds opened new Devon Energy positions in Q4 2013 and 55 closed out, a net change of +59 holders.
- The largest Devon Energy buyer in Q4 2013 was Marketfield Asset Management, an estimated $197M added.
- The largest Devon Energy seller in Q4 2013 was JP Morgan Chase, an estimated $217M sold.
Based on aggregated 13F filings for Q4 2013.