Devon Energy
672 hedge funds and large institutions have $12.2B invested in Devon Energy in 2021 Q1 according to their latest regulatory filings, with 217 funds opening new positions, 275 increasing their positions, 119 reducing their positions, and 74 closing their positions.
193% more first-time investments, than exits
New positions opened: 217 | Existing positions closed: 74
186% more funds holding in top 10
Funds holding in top 10: 7 → 20 (+13)
141% more capital invested
Capital invested by funds: $5.09B → $12.2B (+$7.16B)
131% more repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 119
26% more funds holding
Funds holding: 533 → 672 (+139)
0.63% less ownership
Funds ownership: 84.07% → 83.44% (-0.63%)
4% less call options, than puts
Call options by funds: $167M | Put options by funds: $174M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EECFX
EnCap Energy Capital Fund X
Houston,
Texas
|
+$701M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$631M |
| 3 |
BlackRock
New York
|
+$438M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$347M |
| 5 |
State Street
Boston,
Massachusetts
|
+$336M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$117M |
| 2 |
Two Sigma Investments
New York
|
-$92.6M |
| 3 |
EECFI
EnCap Energy Capital Fund IX
Houston,
Texas
|
-$67M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$43.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.2M |
DVN Hedge Fund Activity: Q1 2021 in Review
672 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2021, worth a combined $12.2B — up 141% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 217 funds opened new DVN positions and 74 closed out — a net gain of 143 holders — while 275 added to existing stakes and 119 trimmed.
The largest buyer was EnCap Energy Capital Fund X, opening a new position worth an estimated $701M. The largest seller was Citadel Advisors, cutting an estimated $117M.
- 672 institutional investors held Devon Energy (DVN) as of Q1 2021, up from 533 in Q4 2020.
- Funds reported $12.2B of Devon Energy stock for Q1 2021, up 141% quarter-over-quarter.
- 217 funds opened new Devon Energy positions in Q1 2021 and 74 closed out, a net change of +143 holders.
- The largest Devon Energy buyer in Q1 2021 was EnCap Energy Capital Fund X, an estimated $701M added.
- The largest Devon Energy seller in Q1 2021 was Citadel Advisors, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2021.