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Devon Energy

1,232 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, 479 increasing their positions, 471 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 139 | Existing positions closed: 122

12% more call options, than puts

Call options by funds: $1.36B | Put options by funds: $1.22B

11% more capital invested

Capital invested by funds: $20.5B → $22.7B (+$2.24B)

2% more repeat investments, than reductions

Existing positions increased: 479 | Existing positions reduced: 471

0.78% more ownership

Funds ownership: 70.54%71.32% (+0.78%)

0% more funds holding

Funds holding: 1,2301,232 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

Holders
1,232
Holders Change
+2
Holders Change %
+0.16%
% of All Funds
17.75%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
139
Increased
479
Reduced
471
Closed
122
Calls
$1.36B
Puts
$1.22B
Net Calls
+$142M
Net Calls Change
+$124M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.84B +$114M +2,559,039 +3%
BlackRock
2
BlackRock
New York
$2.72B +$97.8M +2,203,632 +4%
State Street
3
State Street
Massachusetts
$1.99B -$18.5M -415,736 -1%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$777M +$26.7M +601,799 +4%
Morgan Stanley
5
Morgan Stanley
New York
$545M -$416M -9,379,813 -46%
Victory Capital Management
6
Victory Capital Management
Texas
$482M +$47M +1,059,808 +12%
RJA
7
Raymond James & Associates
Florida
$454M +$32.7M +736,449 +9%
Pacer Advisors
8
Pacer Advisors
Pennsylvania
$426M +$104M +2,339,135 +38%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$393M +$122M +2,753,905 +54%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$378M +$20.4M +460,632 +7%
Fuller & Thaler Asset Management
11
Fuller & Thaler Asset Management
California
$377M +$55.3M +1,246,671 +20%
Goldman Sachs
12
Goldman Sachs
New York
$350M +$103M +2,316,785 +50%
UBS AM
13
UBS AM
Illinois
$328M +$116M +2,609,258 +66%
Northern Trust
14
Northern Trust
Illinois
$314M -$12.2M -274,846 -4%
Invesco
15
Invesco
Georgia
$311M +$15.1M +339,496 +6%
SCM
16
Smead Capital Management
Arizona
$270M +$69.8M +1,572,118 +41%
Bank of America
17
Bank of America
North Carolina
$247M +$8.81M +198,470 +4%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$234M -$9.36M -210,880 -4%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$227M +$6.93M +156,230 +4%
Thrivent Financial for Lutherans
20
Thrivent Financial for Lutherans
Minnesota
$221M +$12M +269,389 +7%
VOYA Investment Management
21
VOYA Investment Management
Georgia
$218M -$2.14M -48,249 -1%
Charles Schwab
22
Charles Schwab
California
$186M +$7.41M +167,030 +5%
Legal & General Group
23
Legal & General Group
United Kingdom
$182M -$11.8M -265,133 -7%
YAM
24
Yacktman Asset Management
Texas
$167M +$3.05M +68,739 +2%
JP Morgan Chase
25
JP Morgan Chase
New York
$166M +$11.8M +264,987 +9%

DVN Hedge Fund Activity: Q1 2024 in Review

1,232 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q1 2024, worth a combined $22.7B — up 11% from $20.5B a quarter earlier.

Buyers outnumbered sellers: 139 funds opened new DVN positions and 122 closed out — a net gain of 17 holders — while 479 added to existing stakes and 471 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $122M. The largest seller was Morgan Stanley, cutting an estimated $416M.

  • 1,232 institutional investors held Devon Energy (DVN) as of Q1 2024, up from 1,230 in Q4 2023.
  • Funds reported $22.7B of Devon Energy stock for Q1 2024, up 11% 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 Morgan Stanley, an estimated $416M sold.

Based on aggregated 13F filings for Q1 2024.