Devon Energy
743 hedge funds and large institutions have $17B invested in Devon Energy in 2021 Q2 according to their latest regulatory filings, with 156 funds opening new positions, 257 increasing their positions, 211 reducing their positions, and 79 closing their positions.
97% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 79
68% more call options, than puts
Call options by funds: $609M | Put options by funds: $361M
40% more funds holding in top 10
Funds holding in top 10: 20 → 28 (+8)
39% more capital invested
Capital invested by funds: $12.3B → $17B (+$4.77B)
22% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 211
11% more funds holding
Funds holding: 672 → 743 (+71)
2.81% more ownership
Funds ownership: 83.49% → 86.3% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$229M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$224M |
| 3 |
BlackRock
New York
|
+$173M |
| 4 |
Bank of New York Mellon
New York
|
+$140M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$70.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$132M |
| 2 |
PC
PointState Capital
New York
|
-$130M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$99.4M |
| 4 |
Two Sigma Advisers
New York
|
-$78M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$65.8M |
DVN Hedge Fund Activity: Q2 2021 in Review
743 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q2 2021, worth a combined $17B — up 39% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 156 funds opened new DVN positions and 79 closed out — a net gain of 77 holders — while 257 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.
- 743 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.
- 156 funds opened new Devon Energy positions in Q2 2021 and 79 closed out, a net change of +77 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.