Cliff Asness's DVN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 5.56 M shares of Devon Energy Corporation (DVN) worth $203.65 M, representing 0.11% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in DVN, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2017, adding 3.27 M shares. Largest reduction occurred in Q1 2018, reducing 3.52 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Devon Energy Corporation (DVN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Devon Energy Corporation (DVN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -2.66 M | Reduce 32.39% | 5.56 M | $36.63 |
| Q3 2025 | +1.86 M | Add 29.29% | 8.22 M | $35.06 |
| Q2 2025 | +2.8 M | Add 78.75% | 6.36 M | $31.81 |
| Q1 2025 | +1.78 M | Add 100.02% | 3.56 M | $37.11 |
| Q4 2024 | +666,206 | Add 59.87% | 1.78 M | $32.45 |
| Q3 2024 | +366,734 | Add 49.16% | 1.11 M | $38.80 |
| Q2 2024 | +518,189 | Add 227.42% | 746,040 | $47.26 |
| Q1 2024 | +8,047 | Add 3.66% | 227,851 | $49.98 |
| Q4 2023 | +99,682 | Add 82.98% | 219,804 | $45.30 |
| Q3 2023 | -84,502 | Reduce 41.30% | 120,122 | $47.70 |
| Q2 2023 | -2,831 | Reduce 1.36% | 204,624 | $48.34 |
| Q1 2023 | -360,143 | Reduce 63.45% | 207,455 | $50.52 |
| Q4 2022 | -654,241 | Reduce 53.55% | 567,598 | $61.06 |
| Q3 2022 | -417,012 | Reduce 25.45% | 1.22 M | $60.13 |
| Q2 2022 | +91,792 | Add 5.93% | 1.64 M | $55.11 |
| Q1 2022 | -99,645 | Reduce 6.05% | 1.55 M | $59.13 |
| Q4 2021 | +577,677 | Add 54.04% | 1.65 M | $43.70 |
| Q3 2021 | +779,559 | Add 269.31% | 1.07 M | $35.24 |
| Q2 2021 | -1.24 M | Reduce 81.07% | 289,468 | $28.93 |
| Q1 2021 | +980,711 | Add 178.82% | 1.53 M | $21.67 |
| Q4 2020 | +219,048 | Add 66.50% | 548,420 | $15.81 |
| Q3 2020 | -758,314 | Reduce 69.72% | 329,372 | $9.46 |
| Q2 2020 | -69,702 | Reduce 6.02% | 1.09 M | $10.97 |
| Q1 2020 | +563,423 | Add 94.86% | 1.16 M | $6.91 |
| Q4 2019 | -614,775 | Reduce 50.86% | 593,965 | $25.80 |
| Q3 2019 | +160,826 | Add 15.35% | 1.21 M | $24.00 |
| Q2 2019 | -1.54 M | Reduce 59.47% | 1.05 M | $28.23 |
| Q1 2019 | +1.75 M | Add 208.28% | 2.59 M | $31.56 |
| Q4 2018 | +487,790 | Add 139.04% | 838,626 | $22.54 |
| Q3 2018 | -3.24 M | Reduce 90.22% | 350,836 | $39.94 |
| Q2 2018 | -358,138 | Reduce 9.07% | 3.59 M | $43.96 |
| Q1 2018 | -3.52 M | Reduce 47.16% | 3.95 M | $31.79 |
| Q4 2017 | +1.22 M | Add 19.51% | 7.47 M | $41.40 |
| Q3 2017 | +3.27 M | Add 109.94% | 6.25 M | $36.71 |
| Q2 2017 | +2.26 M | Add 312.57% | 2.98 M | $31.97 |
| Q1 2017 | +33,952 | Add 4.94% | 721,578 | $41.72 |
| Q4 2016 | +184,491 | Add 36.67% | 687,626 | $45.67 |
| Q3 2016 | +198,046 | Add 64.91% | 503,135 | $44.11 |
| Q2 2016 | -611,420 | Reduce 66.71% | 305,089 | $36.25 |
| Q1 2016 | -414,585 | Reduce 31.15% | 916,509 | $27.44 |
| Q4 2015 | +116,061 | Add 9.55% | 1.33 M | $32.00 |
| Q3 2015 | +137,812 | Add 12.79% | 1.22 M | $37.09 |
| Q2 2015 | +74,193 | Add 7.40% | 1.08 M | $59.49 |
| Q1 2015 | +658,400 | Add 191.05% | 1 M | $60.31 |
| Q4 2014 | +86,443 | Add 33.48% | 344,628 | $61.21 |
| Q3 2014 | +46,082 | Add 21.73% | 258,185 | $68.18 |
| Q2 2014 | -108,100 | Reduce 33.76% | 212,103 | $79.40 |
| Q1 2014 | +118,100 | Add 58.44% | 320,203 | $66.93 |
| Q4 2013 | +87,523 | Add 76.39% | 202,103 | $61.87 |
| Q3 2013 | +14,095 | Add 14.03% | 114,580 | $57.76 |
| Q2 2013 | +100,485 | Add 0.00% | 100,485 | $51.88 |
| Q4 2012 | +429,951 | Add 0.00% | 429,951 | $52.04 |
Cliff Asness's Devon Energy Corporation Investment FAQs
Cliff Asness first purchased Devon Energy Corporation (DVN) in Q4 2012, acquiring 429,951 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Devon Energy Corporation (DVN) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Devon Energy Corporation (DVN) was in Q3 2017, adding 6,249,998 shares worth $229.44 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 5,559,736 shares of Devon Energy Corporation (DVN), valued at approximately $203.65 M.
As of the Q4 2025 filing, Devon Energy Corporation (DVN) represents approximately 0.11% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Devon Energy Corporation (DVN) was 8,223,219 shares, as reported at the end of Q3 2025.