Devon Energy
807 hedge funds and large institutions have $21.4B invested in Devon Energy in 2021 Q3 according to their latest regulatory filings, with 154 funds opening new positions, 300 increasing their positions, 230 reducing their positions, and 80 closing their positions.
93% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 80
43% more call options, than puts
Call options by funds: $875M | Put options by funds: $612M
30% more repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 230
26% more capital invested
Capital invested by funds: $17B → $21.4B (+$4.37B)
11% more funds holding in top 10
Funds holding in top 10: 28 → 31 (+3)
9% more funds holding
Funds holding: 743 → 807 (+64)
2.81% more ownership
Funds ownership: 86.3% → 89.11% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$394M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$138M |
| 3 |
SI
Scout Investments
Kansas City,
Missouri
|
+$90M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$72.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$477M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$201M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$98.2M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$50.5M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$41.6M |
DVN Hedge Fund Activity: Q3 2021 in Review
807 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2021, worth a combined $21.4B — up 26% from $17B a quarter earlier.
Buyers outnumbered sellers: 154 funds opened new DVN positions and 80 closed out — a net gain of 74 holders — while 300 added to existing stakes and 230 trimmed.
The largest buyer was GQG Partners, adding an estimated $394M. The largest seller was T. Rowe Price Associates, cutting an estimated $477M.
- 807 institutional investors held Devon Energy (DVN) as of Q3 2021, up from 743 in Q2 2021.
- Funds reported $21.4B of Devon Energy stock for Q3 2021, up 26% quarter-over-quarter.
- 154 funds opened new Devon Energy positions in Q3 2021 and 80 closed out, a net change of +74 holders.
- The largest Devon Energy buyer in Q3 2021 was GQG Partners, an estimated $394M added.
- The largest Devon Energy seller in Q3 2021 was T. Rowe Price Associates, an estimated $477M sold.
Based on aggregated 13F filings for Q3 2021.