Devon Energy
1,196 hedge funds and large institutions have $18.9B invested in Devon Energy in 2024 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 487 increasing their positions, 427 reducing their positions, and 122 closing their positions.
64% more capital inflows, than outflows
Capital inflows: $2.65B | Capital outflows: $1.61B
14% more repeat investments, than reductions
Existing positions increased: 487 | Existing positions reduced: 427
4.39% more ownership
Funds ownership: 72.78% → 77.17% (+4.4%)
5% less first-time investments, than exits
New positions opened: 116 | Existing positions closed: 122
8% less call options, than puts
Call options by funds: $782M | Put options by funds: $848M
2% less funds holding
Funds holding: 1,220 → 1,196 (-24)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EnCap Energy Capital Fund XI
Houston,
Texas
|
+$520M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$91.5M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$73.9M |
| 4 |
Man Group
London,
United Kingdom
|
+$54.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$173M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$142M |
| 3 |
Cooperman Leon G
|
-$104M |
| 4 |
Millennium Management
New York
|
-$66.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$52.6M |
DVN Hedge Fund Activity: Q3 2024 in Review
1,196 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in Devon Energy (DVN) for Q3 2024, worth a combined $18.9B — down 13% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 122 funds closed out of DVN and 116 opened new positions — a net loss of 6 holders — while 427 trimmed existing stakes and 487 added.
The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $520M. The largest seller was Citadel Advisors, cutting an estimated $173M.
- 1,196 institutional investors held Devon Energy (DVN) as of Q3 2024, down from 1,220 in Q2 2024.
- Funds reported $18.9B of Devon Energy stock for Q3 2024, down 13% quarter-over-quarter.
- 116 funds opened new Devon Energy positions in Q3 2024 and 122 closed out, a net change of -6 holders.
- The largest Devon Energy buyer in Q3 2024 was EnCap Energy Capital Fund XI, an estimated $520M added.
- The largest Devon Energy seller in Q3 2024 was Citadel Advisors, an estimated $173M sold.
Based on aggregated 13F filings for Q3 2024.