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Devon Energy
DVN

1,189 hedge funds and large institutions have $18.9B invested in Devon Energy in 2024 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 485 increasing their positions, 427 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 485 | Existing positions reduced: 427

4.72% more ownership

Funds ownership: 72.78% → 77.5% (+4.7%)

8% less call options, than puts

Call options by funds: $782M | Put options by funds: $848M

8% less first-time investments, than exits

New positions opened: 112 | Existing positions closed: 122

2% less funds holding

Funds holding: 1,217 → 1,189 (-28)

7% less funds holding in top 10

Funds holding in top 10: 14 → 13 (-1)

13% less capital invested

Capital invested by funds: $21.8B → $18.9B (-$2.89B)

Holders
1,189
Holders Change
-28
Holders Change %
-2.3%
% of All Funds
17.07%
Holding in Top 10
13
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.14%
% of All Funds
0.19%
New
112
Increased
485
Reduced
427
Closed
122
Calls
$782M
Puts
$848M
Net Calls
-$65.9M
Net Calls Change
-$145M

Top Buyers

1
EECFX
EnCap Energy Capital Fund XI
Texas
+$520M
2
IAIM
International Assets Investment Management
Florida
+$98.1M
3
Marshall Wace
Marshall Wace
United Kingdom
+$91.5M
4
Pacer Advisors
Pacer Advisors
Pennsylvania
+$73.9M
5
Man Group
Man Group
United Kingdom
+$54.2M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$173M
2
RJA
Raymond James & Associates
Florida
-$142M
3
CLG
Cooperman Leon G
-$104M
4
Millennium Management
Millennium Management
New York
-$66.8M
5
State Street
State Street
Massachusetts
-$52.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.94B -$21.6M -491,412 -0.6%
BlackRock
2
BlackRock
New York
$1.88B -$37.9M -860,702 -2%
State Street
3
State Street
Massachusetts
$1.57B -$52.6M -1,194,013 -3%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$620M +$9.11M +206,884 +1%
Morgan Stanley
5
Morgan Stanley
New York
$475M +$29.5M +669,370 +6%
EECFX
6
EnCap Energy Capital Fund XI
Texas
$462M +$520M +11,806,148 New
Pacer Advisors
7
Pacer Advisors
Pennsylvania
$453M +$73.9M +1,677,652 +17%
EP
8
EnCap Partners
Texas
$409M +$460M +10,446,138 New
Victory Capital Management
9
Victory Capital Management
Texas
$390M +$15.9M +361,968 +4%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$363M +$21.5M +487,635 +6%
Fuller & Thaler Asset Management
11
Fuller & Thaler Asset Management
California
$285M -$6.98M -158,571 -2%
Invesco
12
Invesco
Georgia
$279M +$15.8M +357,854 +5%
UBS AM
13
UBS AM
Illinois
$266M +$3.12M +70,848 +1%
Northern Trust
14
Northern Trust
Illinois
$239M +$958K +21,757 +0.4%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$239M +$36.5M +829,150 +16%
RJA
16
Raymond James & Associates
Florida
$233M -$142M -3,233,636 -35%
EECFX
17
EnCap Energy Capital Fund X
Texas
$231M +$260M +5,903,074 New
SCM
18
Smead Capital Management
Arizona
$230M +$8.73M +198,193 +3%
Bank of America
19
Bank of America
North Carolina
$228M +$36M +818,432 +16%
Goldman Sachs
20
Goldman Sachs
New York
$206M -$20.7M -471,058 -8%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$201M +$2.03M +46,137 +0.9%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$179M -$5.65M -128,324 -3%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$178M -$5.92M -134,365 -3%
Charles Schwab
24
Charles Schwab
California
$152M +$3.06M +69,442 +2%
UBS Group
25
UBS Group
Switzerland
$145M +$23.2M +526,261 +17%
1
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DVN Hedge Fund Activity: Q3 2024 in Review

1,189 of the 6,964 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 112 opened new positions — a net loss of 10 holders — while 427 trimmed existing stakes and 485 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.

  • 1,189 institutional investors held Devon Energy (DVN) as of Q3 2024, down from 1,217 in Q2 2024.
  • Funds reported $18.9B of Devon Energy stock for Q3 2024, down 13% quarter-over-quarter.
  • 112 funds opened new Devon Energy positions in Q3 2024 and 122 closed out, a net change of -10 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.