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Devon Energy

742 hedge funds and large institutions have $17B invested in Devon Energy in 2021 Q2 according to their latest regulatory filings, with 155 funds opening new positions, 258 increasing their positions, 211 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 79

81% more call options, than puts

Call options by funds: $593M | Put options by funds: $327M

40% more funds holding in top 10

Funds holding in top 10: 2028 (+8)

39% more capital invested

Capital invested by funds: $12.2B → $17B (+$4.76B)

22% more repeat investments, than reductions

Existing positions increased: 258 | Existing positions reduced: 211

10% more funds holding

Funds holding: 672742 (+70)

2.83% more ownership

Funds ownership: 83.44%86.27% (+2.8%)

Holders
742
Holders Change
+70
Holders Change %
+10.42%
% of All Funds
12.92%
Holding in Top 10
28
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+40%
% of All Funds
0.49%
New
155
Increased
258
Reduced
211
Closed
79
Calls
$593M
Puts
$327M
Net Calls
+$266M
Net Calls Change
+$274M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.2B -$30.4M -1,177,584 -2%
BlackRock
2
BlackRock
New York
$1.54B +$173M +6,704,870 +15%
State Street
3
State Street
Massachusetts
$1.18B +$11.9M +460,138 +1%
EECFX
4
EnCap Energy Capital Fund X
Texas
$994M
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$953M +$224M +8,679,826 +36%
Invesco
6
Invesco
Georgia
$753M +$30M +1,160,366 +5%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$388M +$140M +5,413,309 +69%
Victory Capital Management
8
Victory Capital Management
Texas
$376M +$57.3M +2,216,068 +21%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$372M +$229M +8,845,023 +228%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$324M +$5.87M +227,184 +2%
Fuller & Thaler Asset Management
11
Fuller & Thaler Asset Management
California
$307M +$31M +1,200,843 +13%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$252M -$7.48M -289,282 -3%
Adage Capital Partners
13
Adage Capital Partners
Massachusetts
$219M -$99.4M -3,845,600 -34%
SCM
14
Shapiro Capital Management
Georgia
$216M -$44M -1,703,473 -19%
Bank of America
15
Bank of America
North Carolina
$208M +$47.4M +1,831,887 +35%
Northern Trust
16
Northern Trust
Illinois
$200M +$16.9M +654,135 +11%
Thrivent Financial for Lutherans
17
Thrivent Financial for Lutherans
Minnesota
$194M -$4.35M -168,188 -2%
EECFI
18
EnCap Energy Capital Fund IX
Texas
$190M
PPA
19
Parametric Portfolio Associates
Washington
$185M -$3.66M -141,413 -2%
PIP
20
Permian Investment Partners
Texas
$185M +$29.7M +1,147,326 +22%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$184M +$32.5M +1,257,678 +25%
Wells Fargo
22
Wells Fargo
California
$162M -$5.45M -210,830 -4%
N
23
Nuveen
North Carolina
$146M -$6.59M -254,812 -5%
Massachusetts Financial Services
24
Massachusetts Financial Services
Massachusetts
$139M +$2.41M +93,155 +2%
Macquarie Group
25
Macquarie Group
Australia
$137M +$10.8M +419,162 +10%

DVN Hedge Fund Activity: Q2 2021 in Review

742 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2021, worth a combined $17B — up 39% from $12.2B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new DVN positions and 79 closed out — a net gain of 76 holders — while 258 added to existing stakes and 211 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $229M. The largest seller was Millennium Management, cutting an estimated $132M.

  • 742 institutional investors held Devon Energy (DVN) as of Q2 2021, up from 672 in Q1 2021.
  • Funds reported $17B of Devon Energy stock for Q2 2021, up 39% quarter-over-quarter.
  • 155 funds opened new Devon Energy positions in Q2 2021 and 79 closed out, a net change of +76 holders.
  • The largest Devon Energy buyer in Q2 2021 was Fidelity Investments, an estimated $229M added.
  • The largest Devon Energy seller in Q2 2021 was Millennium Management, an estimated $132M sold.

Based on aggregated 13F filings for Q2 2021.