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Devon Energy

829 hedge funds and large institutions have $19.1B invested in Devon Energy in 2015 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 297 increasing their positions, 341 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $481M | Put options by funds: $233M

0.05% less ownership

Funds ownership: 77.72%77.67% (-0.05%)

2% less capital invested

Capital invested by funds: $19.5B → $19.1B (-$317M)

6% less funds holding

Funds holding: 878829 (-49)

13% less repeat investments, than reductions

Existing positions increased: 297 | Existing positions reduced: 341

13% less funds holding in top 10

Funds holding in top 10: 2320 (-3)

38% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 99

Holders
829
Holders Change
-49
Holders Change %
-5.58%
% of All Funds
22.09%
Holding in Top 10
20
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-13.04%
% of All Funds
0.53%
New
61
Increased
297
Reduced
341
Closed
99
Calls
$481M
Puts
$233M
Net Calls
+$248M
Net Calls Change
+$78.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.34B +$73M +1,197,019 +6%
State Street
2
State Street
Massachusetts
$1.09B -$86.2M -1,413,468 -7%
Goldman Sachs
3
Goldman Sachs
New York
$810M +$327M +5,368,010 +67%
BIT
4
BlackRock Institutional Trust
California
$770M +$51.5M +843,916 +7%
FMI
5
Fiduciary Management Inc
Wisconsin
$629M -$7.16M -117,498 -1%
Citadel Advisors
6
Citadel Advisors
Florida
$581M +$60.8M +996,907 +12%
First Eagle Investment Management
7
First Eagle Investment Management
New York
$497M +$2.5M +41,027 +0.5%
Invesco
8
Invesco
Georgia
$491M +$56.4M +924,827 +13%
JP Morgan Chase
9
JP Morgan Chase
New York
$412M +$82.8M +1,358,623 +25%
Millennium Management
10
Millennium Management
New York
$334M +$101M +1,660,327 +43%
BFA
11
BlackRock Fund Advisors
California
$333M +$16.5M +271,220 +5%
Public Sector Pension Investment Board (PSP Investments)
12
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$330M -$60.7M -996,156 -15%
BG
13
BlackRock Group
United Kingdom
$292M +$38.6M +633,810 +15%
Northern Trust
14
Northern Trust
Illinois
$289M -$3.91M -64,191 -1%
Bank of America
15
Bank of America
North Carolina
$263M +$88.3M +1,447,469 +50%
TBC
16
Tweedy, Browne Co
Connecticut
$251M -$1.1M -17,964 -0.4%
EVM
17
Eaton Vance Management
Massachusetts
$248M +$6.8M +111,507 +3%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$247M -$46.9M -768,875 -16%
Fidelity International
19
Fidelity International
Bermuda
$243M +$55.2M +905,829 +29%
Lazard Asset Management
20
Lazard Asset Management
New York
$197M +$25.5M +418,955 +15%
Norges Bank
21
Norges Bank
Norway
$194M +$10M +164,236 +5%
Diamond Hill Capital Management
22
Diamond Hill Capital Management
Ohio
$190M -$120M -1,962,803 -38%
State Farm Mutual Automobile Insurance
23
State Farm Mutual Automobile Insurance
Illinois
$190M
Geode Capital Management
24
Geode Capital Management
Massachusetts
$187M +$5.54M +90,780 +3%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$187M +$77.8M +1,276,488 +70%

DVN Hedge Fund Activity: Q1 2015 in Review

829 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2015, worth a combined $19.1B — down 1.6% from $19.5B a quarter earlier.

Sellers outnumbered buyers: 99 funds closed out of DVN and 61 opened new positions — a net loss of 38 holders — while 341 trimmed existing stakes and 297 added.

The largest buyer was Goldman Sachs, adding an estimated $327M. The largest seller was Capital Research Global Investors, cutting an estimated $443M.

  • 829 institutional investors held Devon Energy (DVN) as of Q1 2015, down from 878 in Q4 2014.
  • Funds reported $19.1B of Devon Energy stock for Q1 2015, down 1.6% quarter-over-quarter.
  • 61 funds opened new Devon Energy positions in Q1 2015 and 99 closed out, a net change of -38 holders.
  • The largest Devon Energy buyer in Q1 2015 was Goldman Sachs, an estimated $327M added.
  • The largest Devon Energy seller in Q1 2015 was Capital Research Global Investors, an estimated $443M sold.

Based on aggregated 13F filings for Q1 2015.