Devon Energy
774 hedge funds and large institutions have $17.1B invested in Devon Energy in 2017 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 283 increasing their positions, 279 reducing their positions, and 80 closing their positions.
8% more call options, than puts
Call options by funds: $298M | Put options by funds: $276M
1% more repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 279
0% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 80
0.63% less ownership
Funds ownership: 78.79% → 78.17% (-0.63%)
1% less funds holding
Funds holding: 784 → 774 (-10)
9% less capital invested
Capital invested by funds: $18.8B → $17.1B (-$1.71B)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.98B |
| 2 |
Millennium Management
New York
|
+$125M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$90.9M |
| 4 |
Bank of New York Mellon
New York
|
+$74.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$60.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$169M |
| 2 |
Renaissance Technologies
New York
|
-$73M |
| 3 |
First Eagle Investment Management
New York
|
-$68.2M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$45.7M |
| 5 |
AC
Alleghany Corporation
New York
|
-$36.3M |
DVN Hedge Fund Activity: Q1 2017 in Review
774 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2017, worth a combined $17.1B — down 9.1% from $18.8B a quarter earlier.
Fund positioning in DVN was balanced in Q1 2017: 80 funds opened new positions, 80 closed out, 283 added to existing stakes and 279 trimmed.
The largest buyer was BlackRock, adding an estimated $1.98B. The largest seller was Fiduciary Management Inc, cutting an estimated $169M.
- 774 institutional investors held Devon Energy (DVN) as of Q1 2017, down from 784 in Q4 2016.
- Funds reported $17.1B of Devon Energy stock for Q1 2017, down 9.1% quarter-over-quarter.
- 80 funds opened new Devon Energy positions in Q1 2017 and 80 closed out, a net change of 0 holders.
- The largest Devon Energy buyer in Q1 2017 was BlackRock, an estimated $1.98B added.
- The largest Devon Energy seller in Q1 2017 was Fiduciary Management Inc, an estimated $169M sold.
Based on aggregated 13F filings for Q1 2017.