Devon Energy
877 hedge funds and large institutions have $21.7B invested in Devon Energy in 2014 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 331 increasing their positions, 334 reducing their positions, and 70 closing their positions.
14% more call options, than puts
Call options by funds: $624M | Put options by funds: $548M
0.38% less ownership
Funds ownership: 78.31% → 77.93% (-0.38%)
1% less repeat investments, than reductions
Existing positions increased: 331 | Existing positions reduced: 334
2% less funds holding
Funds holding: 899 → 877 (-22)
14% less capital invested
Capital invested by funds: $25.4B → $21.7B (-$3.62B)
20% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 70
51% less funds holding in top 10
Funds holding in top 10: 55 → 27 (-28)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$119M |
| 2 |
Morgan Stanley
New York
|
+$119M |
| 3 |
Barclays
London,
United Kingdom
|
+$112M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$111M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$221M |
| 2 |
Goldman Sachs
New York
|
-$131M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$99M |
| 4 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$89.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.6M |
DVN Hedge Fund Activity: Q3 2014 in Review
877 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2014, worth a combined $21.7B — down 14% from $25.4B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of DVN and 56 opened new positions — a net loss of 14 holders — while 334 trimmed existing stakes and 331 added.
The largest buyer was Citadel Advisors, adding an estimated $119M. The largest seller was Norges Bank, cutting an estimated $221M.
- 877 institutional investors held Devon Energy (DVN) as of Q3 2014, down from 899 in Q2 2014.
- Funds reported $21.7B of Devon Energy stock for Q3 2014, down 14% quarter-over-quarter.
- 56 funds opened new Devon Energy positions in Q3 2014 and 70 closed out, a net change of -14 holders.
- The largest Devon Energy buyer in Q3 2014 was Citadel Advisors, an estimated $119M added.
- The largest Devon Energy seller in Q3 2014 was Norges Bank, an estimated $221M sold.
Based on aggregated 13F filings for Q3 2014.