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Devon Energy

768 hedge funds and large institutions have $18.9B invested in Devon Energy in 2018 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 223 increasing their positions, 334 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

126% more call options, than puts

Call options by funds: $894M | Put options by funds: $396M

92% more funds holding in top 10

Funds holding in top 10: 1223 (+11)

35% more capital invested

Capital invested by funds: $14B → $18.9B (+$4.92B)

5% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 82

0% less funds holding

Funds holding: 769768 (-1)

1.12% less ownership

Funds ownership: 83.62%82.5% (-1.1%)

33% less repeat investments, than reductions

Existing positions increased: 223 | Existing positions reduced: 334

Holders
768
Holders Change
-1
Holders Change %
-0.13%
% of All Funds
17.58%
Holding in Top 10
23
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+91.67%
% of All Funds
0.53%
New
86
Increased
223
Reduced
334
Closed
82
Calls
$894M
Puts
$396M
Net Calls
+$498M
Net Calls Change
+$491M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.34B -$56.7M -1,463,053 -3%
BlackRock
2
BlackRock
New York
$2.14B +$9.11M +235,109 +0.5%
State Street
3
State Street
Massachusetts
$1.14B -$11.1M -286,445 -1%
Invesco
4
Invesco
Georgia
$1.14B -$29.4M -757,610 -3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$518M +$45.5M +1,173,389 +11%
EECFI
6
EnCap Energy Capital Fund IX
Texas
$468M -$9.69M -250,000 -2%
Diamond Hill Capital Management
7
Diamond Hill Capital Management
Ohio
$405M +$51M +1,316,231 +17%
Citadel Advisors
8
Citadel Advisors
Florida
$329M +$266M +6,861,372 +1,107%
Victory Capital Management
9
Victory Capital Management
Texas
$311M -$12.2M -313,819 -4%
Barrow, Hanley, Mewhinney & Strauss
10
Barrow, Hanley, Mewhinney & Strauss
Texas
$272M -$11.9M -306,931 -5%
Artisan Partners
11
Artisan Partners
Wisconsin
$269M -$48.7M -1,257,082 -17%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$268M -$14.2M -366,517 -6%
Northern Trust
13
Northern Trust
Illinois
$261M -$3.12M -80,495 -1%
Goldman Sachs
14
Goldman Sachs
New York
$246M +$5.01M +129,427 +2%
American Century Companies
15
American Century Companies
Missouri
$217M -$60.7M -1,565,703 -24%
Norges Bank
16
Norges Bank
Norway
$212M
First Eagle Investment Management
17
First Eagle Investment Management
New York
$212M -$307K -7,916 -0.2%
Millennium Management
18
Millennium Management
New York
$195M +$121M +3,119,940 +236%
Bank of America
19
Bank of America
North Carolina
$193M -$4.8M -123,909 -3%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$183M -$800K -20,644 -0.5%
PAM
21
Panagora Asset Management
Massachusetts
$178M +$11.2M +289,507 +8%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$169M -$4.16M -107,415 -3%
BGIM
23
Brandywine Global Investment Management
Pennsylvania
$164M -$6.39M -164,882 -4%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$161M +$6.25M +161,232 +5%
Nomura Holdings
25
Nomura Holdings
Japan
$160M +$133M +3,438,833 +1,799%

DVN Hedge Fund Activity: Q2 2018 in Review

768 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2018, worth a combined $18.9B — up 35% from $14B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new DVN positions and 82 closed out — a net gain of 4 holders — while 223 added to existing stakes and 334 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $266M. The largest seller was D.E. Shaw & Co, cutting an estimated $174M.

  • 768 institutional investors held Devon Energy (DVN) as of Q2 2018, down from 769 in Q1 2018.
  • Funds reported $18.9B of Devon Energy stock for Q2 2018, up 35% quarter-over-quarter.
  • 86 funds opened new Devon Energy positions in Q2 2018 and 82 closed out, a net change of +4 holders.
  • The largest Devon Energy buyer in Q2 2018 was Citadel Advisors, an estimated $266M added.
  • The largest Devon Energy seller in Q2 2018 was D.E. Shaw & Co, an estimated $174M sold.

Based on aggregated 13F filings for Q2 2018.