Devon Energy
753 hedge funds and large institutions have $18.1B invested in Devon Energy in 2016 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 244 increasing their positions, 305 reducing their positions, and 61 closing their positions.
27% more funds holding in top 10
Funds holding in top 10: 15 → 19 (+4)
26% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 61
24% more capital invested
Capital invested by funds: $14.6B → $18.1B (+$3.53B)
1.76% more ownership
Funds ownership: 76.61% → 78.37% (+1.8%)
1% more funds holding
Funds holding: 749 → 753 (+4)
17% less call options, than puts
Call options by funds: $316M | Put options by funds: $379M
20% less repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 305
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$344M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$163M |
| 3 |
Millennium Management
New York
|
+$129M |
| 4 |
Goldman Sachs
New York
|
+$93M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$92.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 2 |
ZP
Zimmer Partners
New York
|
-$111M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$65.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$50.6M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$50.4M |
DVN Hedge Fund Activity: Q3 2016 in Review
753 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2016, worth a combined $18.1B — up 24% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new DVN positions and 61 closed out — a net gain of 16 holders — while 244 added to existing stakes and 305 trimmed.
The largest buyer was Bank of America, adding an estimated $344M. The largest seller was T. Rowe Price Associates, cutting an estimated $122M.
- 753 institutional investors held Devon Energy (DVN) as of Q3 2016, up from 749 in Q2 2016.
- Funds reported $18.1B of Devon Energy stock for Q3 2016, up 24% quarter-over-quarter.
- 77 funds opened new Devon Energy positions in Q3 2016 and 61 closed out, a net change of +16 holders.
- The largest Devon Energy buyer in Q3 2016 was Bank of America, an estimated $344M added.
- The largest Devon Energy seller in Q3 2016 was T. Rowe Price Associates, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2016.