Devon Energy
721 hedge funds and large institutions have $11.3B invested in Devon Energy in 2016 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 346 increasing their positions, 185 reducing their positions, and 97 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 346 | Existing positions reduced: 185
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
7% more capital invested
Capital invested by funds: $10.5B → $11.3B (+$743M)
5% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 97
1% less funds holding
Funds holding: 726 → 721 (-5)
1.63% less ownership
Funds ownership: 80.07% → 78.44% (-1.6%)
16% less call options, than puts
Call options by funds: $286M | Put options by funds: $342M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$313M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$221M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$182M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$172M |
| 5 |
State Street
Boston,
Massachusetts
|
+$151M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$141M |
| 2 |
Goldman Sachs
New York
|
-$120M |
| 3 |
D.E. Shaw & Co
New York
|
-$82.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$74.2M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$47.3M |
DVN Hedge Fund Activity: Q1 2016 in Review
721 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2016, worth a combined $11.3B — up 7.1% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new DVN positions and 97 closed out — a net gain of 5 holders — while 346 added to existing stakes and 185 trimmed.
The largest buyer was Vanguard Group, adding an estimated $313M. The largest seller was Bank of America, cutting an estimated $141M.
- 721 institutional investors held Devon Energy (DVN) as of Q1 2016, down from 726 in Q4 2015.
- Funds reported $11.3B of Devon Energy stock for Q1 2016, up 7.1% quarter-over-quarter.
- 102 funds opened new Devon Energy positions in Q1 2016 and 97 closed out, a net change of +5 holders.
- The largest Devon Energy buyer in Q1 2016 was Vanguard Group, an estimated $313M added.
- The largest Devon Energy seller in Q1 2016 was Bank of America, an estimated $141M sold.
Based on aggregated 13F filings for Q1 2016.