Devon Energy
1,233 hedge funds and large institutions have $22.7B invested in Devon Energy in 2024 Q1 according to their latest regulatory filings, with 139 funds opening new positions, 482 increasing their positions, 469 reducing their positions, and 122 closing their positions.
14% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 122
13% more capital invested
Capital invested by funds: $20.2B → $22.7B (+$2.55B)
12% more call options, than puts
Call options by funds: $1.36B | Put options by funds: $1.22B
1.81% more ownership
Funds ownership: 69.48% → 71.29% (+1.8%)
3% more repeat investments, than reductions
Existing positions increased: 482 | Existing positions reduced: 469
0% more funds holding
Funds holding: 1,231 → 1,233 (+2)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$122M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$116M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$114M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$104M |
| 5 |
Goldman Sachs
New York
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$190M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$134M |
| 3 |
Two Sigma Investments
New York
|
-$120M |
| 4 |
Millennium Management
New York
|
-$107M |
| 5 |
Holocene Advisors
New York
|
-$102M |
DVN Hedge Fund Activity: Q1 2024 in Review
1,233 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2024, worth a combined $22.7B — up 13% from $20.2B a quarter earlier.
Buyers outnumbered sellers: 139 funds opened new DVN positions and 122 closed out — a net gain of 17 holders — while 482 added to existing stakes and 469 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $122M. The largest seller was Neuberger Berman Group, cutting an estimated $190M.
- 1,233 institutional investors held Devon Energy (DVN) as of Q1 2024, up from 1,231 in Q4 2023.
- Funds reported $22.7B of Devon Energy stock for Q1 2024, up 13% quarter-over-quarter.
- 139 funds opened new Devon Energy positions in Q1 2024 and 122 closed out, a net change of +17 holders.
- The largest Devon Energy buyer in Q1 2024 was D.E. Shaw & Co, an estimated $122M added.
- The largest Devon Energy seller in Q1 2024 was Neuberger Berman Group, an estimated $190M sold.
Based on aggregated 13F filings for Q1 2024.