Devon Energy
830 hedge funds and large institutions have $19B invested in Devon Energy in 2015 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 273 increasing their positions, 344 reducing their positions, and 69 closing their positions.
25% more call options, than puts
Call options by funds: $346M | Put options by funds: $277M
16% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 69
0.11% more ownership
Funds ownership: 77.7% → 77.81% (+0.11%)
0% more funds holding
Funds holding: 830 → 830 (0)
1% less capital invested
Capital invested by funds: $19.2B → $19B (-$144M)
21% less repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 344
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$242M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$72.6M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$68.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$67.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$64.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$194M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$88.1M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$68.1M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$63.6M |
| 5 |
Lazard Asset Management
New York
|
-$59.1M |
DVN Hedge Fund Activity: Q2 2015 in Review
830 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2015, worth a combined $19B — down 0.75% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new DVN positions and 69 closed out — a net gain of 11 holders — while 273 added to existing stakes and 344 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $242M. The largest seller was Millennium Management, cutting an estimated $194M.
- 830 institutional investors held Devon Energy (DVN) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $19B of Devon Energy stock for Q2 2015, down 0.75% quarter-over-quarter.
- 80 funds opened new Devon Energy positions in Q2 2015 and 69 closed out, a net change of +11 holders.
- The largest Devon Energy buyer in Q2 2015 was Third Point, an estimated $242M added.
- The largest Devon Energy seller in Q2 2015 was Millennium Management, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2015.