Devon Energy
767 hedge funds and large institutions have $19B invested in Devon Energy in 2018 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 224 increasing their positions, 333 reducing their positions, and 82 closing their positions.
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: 12 → 23 (+11)
36% more capital invested
Capital invested by funds: $13.9B → $19B (+$5.04B)
4% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 82
0% less funds holding
Funds holding: 769 → 767 (-2)
0.79% less ownership
Funds ownership: 83.28% → 82.49% (-0.79%)
33% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 333
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$266M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$133M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$125M |
| 4 |
Millennium Management
New York
|
+$121M |
| 5 |
EM
Elliott Management
New York
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$174M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$129M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$114M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$72.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$60.7M |
DVN Hedge Fund Activity: Q2 2018 in Review
767 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2018, worth a combined $19B — up 36% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new DVN positions and 82 closed out — a net gain of 3 holders — while 224 added to existing stakes and 333 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $266M. The largest seller was D.E. Shaw & Co, cutting an estimated $174M.
- 767 institutional investors held Devon Energy (DVN) as of Q2 2018, down from 769 in Q1 2018.
- Funds reported $19B of Devon Energy stock for Q2 2018, up 36% quarter-over-quarter.
- 85 funds opened new Devon Energy positions in Q2 2018 and 82 closed out, a net change of +3 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.