Devon Energy
1,231 hedge funds and large institutions have $20.2B invested in Devon Energy in 2023 Q4 according to their latest regulatory filings, with 191 funds opening new positions, 408 increasing their positions, 488 reducing their positions, and 162 closing their positions.
18% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 162
1% more funds holding
Funds holding: 1,218 → 1,231 (+13)
2% more call options, than puts
Call options by funds: $1.14B | Put options by funds: $1.12B
0.5% more ownership
Funds ownership: 68.98% → 69.48% (+0.5%)
5% less capital invested
Capital invested by funds: $21.1B → $20.2B (-$957M)
16% less repeat investments, than reductions
Existing positions increased: 408 | Existing positions reduced: 488
40% less funds holding in top 10
Funds holding in top 10: 20 → 12 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$261M |
| 2 |
Neuberger Berman Group
New York
|
+$188M |
| 3 |
Two Sigma Advisers
New York
|
+$146M |
| 4 |
D.E. Shaw & Co
New York
|
+$133M |
| 5 |
Two Sigma Investments
New York
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$173M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$138M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$132M |
| 4 |
State Street
Boston,
Massachusetts
|
-$98.8M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$75.8M |
DVN Hedge Fund Activity: Q4 2023 in Review
1,231 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q4 2023, worth a combined $20.2B — down 4.5% from $21.1B a quarter earlier.
Buyers outnumbered sellers: 191 funds opened new DVN positions and 162 closed out — a net gain of 29 holders — while 408 added to existing stakes and 488 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $261M. The largest seller was Bank of America, cutting an estimated $173M.
- 1,231 institutional investors held Devon Energy (DVN) as of Q4 2023, up from 1,218 in Q3 2023.
- Funds reported $20.2B of Devon Energy stock for Q4 2023, down 4.5% quarter-over-quarter.
- 191 funds opened new Devon Energy positions in Q4 2023 and 162 closed out, a net change of +29 holders.
- The largest Devon Energy buyer in Q4 2023 was Pacer Advisors, an estimated $261M added.
- The largest Devon Energy seller in Q4 2023 was Bank of America, an estimated $173M sold.
Based on aggregated 13F filings for Q4 2023.