Ray Dalio's DVN Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 1.17 M shares of Devon Energy Corporation (DVN) worth $42.89 M, representing 0.16% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 44 quarters.
Based on 13F filings since 2013, Ray Dalio has maintained a long-term strategic position in DVN, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 519,964 shares. Largest reduction occurred in Q4 2017, reducing 332,411 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Devon Energy Corporation (DVN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Devon Energy Corporation (DVN) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +191,590 | Add 19.56% | 1.17 M | $36.63 |
| Q3 2025 | +519,964 | Add 113.20% | 979,291 | $35.06 |
| Q2 2025 | +73,659 | Add 19.10% | 459,327 | $31.81 |
| Q1 2025 | +84,879 | Add 28.22% | 385,668 | $37.40 |
| Q4 2024 | +59,830 | Add 24.83% | 300,789 | $32.73 |
| Q3 2024 | +240,959 | New Buy | 240,959 | $39.12 |
| Q2 2024 | -303,739 | Sold Out | 0 | $0.00 |
| Q1 2024 | +303,739 | New Buy | 303,739 | $50.18 |
| Q3 2023 | -218,331 | Sold Out | 0 | $0.00 |
| Q2 2023 | -2,878 | Reduce 1.30% | 218,331 | $48.34 |
| Q1 2023 | +40,729 | Add 22.57% | 221,209 | $50.61 |
| Q4 2022 | -58,283 | Reduce 24.41% | 180,480 | $61.51 |
| Q3 2022 | -124,897 | Reduce 34.34% | 238,763 | $60.13 |
| Q2 2022 | +295,285 | Add 431.86% | 363,660 | $55.11 |
| Q1 2022 | +68,375 | New Buy | 68,375 | $59.13 |
| Q2 2020 | -20,919 | Sold Out | 0 | $0.00 |
| Q1 2020 | +2,051 | Add 10.87% | 20,919 | $6.93 |
| Q4 2019 | +178 | Add 0.95% | 18,868 | $25.97 |
| Q3 2019 | -3,350 | Reduce 15.20% | 18,690 | $24.08 |
| Q2 2019 | -186,682 | Reduce 89.44% | 22,040 | $28.54 |
| Q1 2019 | -232,486 | Reduce 52.69% | 208,722 | $31.56 |
| Q4 2018 | +422,073 | Add 2205.76% | 441,208 | $22.54 |
| Q3 2018 | -897 | Reduce 4.48% | 19,135 | $39.93 |
| Q2 2018 | -1,222 | Reduce 5.75% | 20,032 | $43.98 |
| Q1 2018 | -197,237 | Reduce 90.27% | 21,254 | $31.81 |
| Q4 2017 | -332,411 | Reduce 60.34% | 218,491 | $41.40 |
| Q3 2017 | -330,094 | Reduce 37.47% | 550,902 | $36.71 |
| Q2 2017 | +310,222 | Add 54.35% | 880,996 | $31.97 |
| Q1 2017 | +441,074 | Add 340.07% | 570,774 | $41.72 |
| Q4 2016 | -14,100 | Reduce 9.81% | 129,700 | $45.67 |
| Q3 2016 | -7,700 | Reduce 5.08% | 143,800 | $44.11 |
| Q2 2016 | -15,000 | Reduce 9.01% | 151,500 | $36.25 |
| Q1 2016 | +40,695 | Add 32.35% | 166,500 | $27.44 |
| Q4 2015 | +8,105 | Add 6.89% | 125,805 | $32.00 |
| Q3 2015 | +11,100 | Add 10.41% | 117,700 | $37.09 |
| Q2 2015 | -4,500 | Reduce 4.05% | 106,600 | $59.49 |
| Q1 2015 | -216,639 | Reduce 66.10% | 111,100 | $60.31 |
| Q4 2014 | +142,700 | Add 77.12% | 327,739 | $61.21 |
| Q3 2014 | +111,539 | Add 151.75% | 185,039 | $68.18 |
| Q1 2014 | -185,638 | Reduce 71.64% | 73,500 | $66.93 |
| Q4 2013 | +188,300 | Add 265.82% | 259,138 | $61.87 |
| Q3 2013 | +17,638 | Add 33.15% | 70,838 | $57.77 |
| Q2 2013 | +53,200 | Add 0.00% | 53,200 | $51.88 |
Ray Dalio's Devon Energy Corporation Investment FAQs
Ray Dalio first purchased Devon Energy Corporation (DVN) in Q2 2013, acquiring 53,200 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Devon Energy Corporation (DVN) for 44 quarters since Q2 2013.
Ray Dalio's largest addition to Devon Energy Corporation (DVN) was in Q3 2025, adding 979,291 shares worth $34.33 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 1,170,881 shares of Devon Energy Corporation (DVN), valued at approximately $42.89 M.
As of the Q4 2025 filing, Devon Energy Corporation (DVN) represents approximately 0.16% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Devon Energy Corporation (DVN) was 1,170,881 shares, as reported at the end of Q4 2025.