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Devon Energy

550 hedge funds and large institutions have $2.27B invested in Devon Energy in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 196 increasing their positions, 197 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.81% more ownership

Funds ownership: 82.04%84.85% (+2.8%)

1% less repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 197

5% less call options, than puts

Call options by funds: $19M | Put options by funds: $20.1M

12% less funds holding

Funds holding: 624550 (-74)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

52% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 130

72% less capital invested

Capital invested by funds: $8.18B → $2.27B (-$5.91B)

Holders
550
Holders Change
-74
Holders Change %
-11.86%
% of All Funds
12.12%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
63
Increased
196
Reduced
197
Closed
130
Calls
$19M
Puts
$20.1M
Net Calls
-$1.03M
Net Calls Change
-$35.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$314M +$1.85M +102,527 +0.2%
BlackRock
2
BlackRock
New York
$220M +$34.9M +1,930,409 +6%
Invesco
3
Invesco
Georgia
$193M +$63M +3,485,907 +14%
State Street
4
State Street
Massachusetts
$169M +$50.8M +2,811,799 +13%
Victory Capital Management
5
Victory Capital Management
Texas
$121M +$161M +8,925,639 +104%
EECFI
6
EnCap Energy Capital Fund IX
Texas
$67.4M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$49.6M +$32.8M +1,815,359 +34%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$45.3M +$1.93M +106,796 +2%
KL
9
KGH Ltd
Bahamas
$44M +$115M +6,361,649 New
Holocene Advisors
10
Holocene Advisors
New York
$36.4M +$55.6M +3,077,285 +140%
Goldman Sachs
11
Goldman Sachs
New York
$32.3M +$35.9M +1,985,485 +74%
Renaissance Technologies
12
Renaissance Technologies
New York
$31.9M -$43.1M -2,386,800 -34%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$31.6M +$59.8M +3,308,416 +263%
Northern Trust
14
Northern Trust
Illinois
$29.1M -$3.5M -193,875 -4%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$28.6M +$6.98M +386,024 +10%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$28.3M -$52.6M -2,907,971 -41%
American Century Companies
17
American Century Companies
Missouri
$23.9M +$25.6M +1,413,527 +69%
PPA
18
Parametric Portfolio Associates
Washington
$23.8M +$40.7M +2,250,796 +189%
Wells Fargo
19
Wells Fargo
California
$22.5M -$6.72M -371,783 -10%
Norges Bank
20
Norges Bank
Norway
$21.3M -$32.3M -1,789,643 -37%
SCM
21
SIR Capital Management
New York
$21.1M +$30.7M +1,697,246 +125%
GT
22
Glenmede Trust
Pennsylvania
$20.3M
SCM
23
Shapiro Capital Management
Georgia
$19.4M +$8.04M +445,053 +19%
Fisher Asset Management
24
Fisher Asset Management
Washington
$18.9M +$5.73M +316,885 +13%
Charles Schwab
25
Charles Schwab
California
$18.7M +$1.73M +95,607 +4%

DVN Hedge Fund Activity: Q1 2020 in Review

550 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2020, worth a combined $2.27B — down 72% from $8.18B a quarter earlier.

Sellers outnumbered buyers: 130 funds closed out of DVN and 63 opened new positions — a net loss of 67 holders — while 197 trimmed existing stakes and 196 added.

The largest buyer was Victory Capital Management, adding an estimated $161M. The largest seller was Citadel Advisors, cutting an estimated $117M.

  • 550 institutional investors held Devon Energy (DVN) as of Q1 2020, down from 624 in Q4 2019.
  • Funds reported $2.27B of Devon Energy stock for Q1 2020, down 72% quarter-over-quarter.
  • 63 funds opened new Devon Energy positions in Q1 2020 and 130 closed out, a net change of -67 holders.
  • The largest Devon Energy buyer in Q1 2020 was Victory Capital Management, an estimated $161M added.
  • The largest Devon Energy seller in Q1 2020 was Citadel Advisors, an estimated $117M sold.

Based on aggregated 13F filings for Q1 2020.