Devon Energy
634 hedge funds and large institutions have $10.1B invested in Devon Energy in 2019 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 203 increasing their positions, 253 reducing their positions, and 110 closing their positions.
53% more call options, than puts
Call options by funds: $201M | Put options by funds: $132M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4.02% more ownership
Funds ownership: 80.9% → 84.92% (+4%)
8% less funds holding
Funds holding: 688 → 634 (-54)
10% less capital invested
Capital invested by funds: $11.2B → $10.1B (-$1.13B)
20% less repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 253
40% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$185M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$171M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$62.9M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$62.5M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$58.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.2M |
| 2 |
Goldman Sachs
New York
|
-$77.6M |
| 3 |
Two Sigma Investments
New York
|
-$58.1M |
| 4 |
Millennium Management
New York
|
-$53.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$45.7M |
DVN Hedge Fund Activity: Q2 2019 in Review
634 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2019, worth a combined $10.1B — down 10% from $11.2B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of DVN and 66 opened new positions — a net loss of 44 holders — while 253 trimmed existing stakes and 203 added.
The largest buyer was Citadel Advisors, adding an estimated $185M. The largest seller was Fidelity Investments, cutting an estimated $79.2M.
- 634 institutional investors held Devon Energy (DVN) as of Q2 2019, down from 688 in Q1 2019.
- Funds reported $10.1B of Devon Energy stock for Q2 2019, down 10% quarter-over-quarter.
- 66 funds opened new Devon Energy positions in Q2 2019 and 110 closed out, a net change of -44 holders.
- The largest Devon Energy buyer in Q2 2019 was Citadel Advisors, an estimated $185M added.
- The largest Devon Energy seller in Q2 2019 was Fidelity Investments, an estimated $79.2M sold.
Based on aggregated 13F filings for Q2 2019.