Blair William & Co. IL Boosts Stake in Devon Energy Corporation

The institutional investor increased its holdings in the energy company by 725.2% in the third quarter.

Mar. 9, 2026 at 7:37am

Got story updates? Submit your updates here. ›

According to a recent 13F filing with the SEC, Blair William & Co. IL raised its stake in Devon Energy Corporation (NYSE:DVN) by 725.2% during the third quarter. The institutional investor now owns 420,398 shares of the energy company's stock, worth approximately $14.7 million.

Why it matters

This significant increase in ownership by a major institutional investor suggests growing confidence in Devon Energy's prospects and potential for future growth. As one of the largest independent oil and gas exploration and production companies, Devon's performance is closely watched by the investment community.

The details

Blair William & Co. IL acquired an additional 369,451 shares of Devon Energy in the third quarter, bringing its total holdings to 420,398 shares. This represents approximately 0.07% of the company's outstanding stock. The investment firm cited Devon's strong operational and financial performance as factors behind the increased stake.

  • The 13F filing detailing the stake increase was submitted in the third quarter of 2026.

The players

Blair William & Co. IL

An institutional investment firm that manages assets on behalf of clients.

Devon Energy Corporation

An independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma.

Got photos? Submit your photos here. ›

The takeaway

The substantial increase in ownership by Blair William & Co. IL underscores the investment community's confidence in Devon Energy's ability to navigate the challenges facing the energy sector and capitalize on future growth opportunities.