Devon Energy
784 hedge funds and large institutions have $18.8B invested in Devon Energy in 2016 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 257 increasing their positions, 301 reducing their positions, and 59 closing their positions.
76% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 59
4% more funds holding
Funds holding: 753 → 784 (+31)
4% more capital invested
Capital invested by funds: $18.1B → $18.8B (+$725M)
0.42% more ownership
Funds ownership: 78.37% → 78.79% (+0.42%)
0% less call options, than puts
Call options by funds: $370M | Put options by funds: $371M
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
15% less repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 301
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$148M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$119M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$89.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$80.6M |
| 5 |
BRC
Blue Ridge Capital
New York
|
+$75.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$146M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$83.9M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$80.4M |
| 4 |
First Eagle Investment Management
New York
|
-$79.3M |
| 5 |
Millennium Management
New York
|
-$67M |
DVN Hedge Fund Activity: Q4 2016 in Review
784 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2016, worth a combined $18.8B — up 4% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new DVN positions and 59 closed out — a net gain of 45 holders — while 257 added to existing stakes and 301 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $148M. The largest seller was T. Rowe Price Associates, cutting an estimated $146M.
- 784 institutional investors held Devon Energy (DVN) as of Q4 2016, up from 753 in Q3 2016.
- Funds reported $18.8B of Devon Energy stock for Q4 2016, up 4% quarter-over-quarter.
- 104 funds opened new Devon Energy positions in Q4 2016 and 59 closed out, a net change of +45 holders.
- The largest Devon Energy buyer in Q4 2016 was Discovery Capital Management, an estimated $148M added.
- The largest Devon Energy seller in Q4 2016 was T. Rowe Price Associates, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2016.