Cwm LLC Trims Stake in Devon Energy Corporation

Institutional investor reduces holdings in energy company by 19.3% in Q4 2025

Apr. 20, 2026 at 7:49am

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Cwm LLC, an investment management firm, reduced its position in shares of Devon Energy Corporation (NYSE: DVN) by 19.3% during the fourth quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 271,907 shares of the energy company's stock, valued at $9.96 million.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of Cwm LLC, a notable institutional investor. The reduction in Devon Energy holdings may signal a shift in the firm's outlook on the energy sector or the company's prospects.

The details

Cwm LLC sold 64,954 shares of Devon Energy during the fourth quarter, trimming its total position to 271,907 shares. The firm's holdings in the energy company were valued at $9.96 million at the end of the quarter.

  • Cwm LLC filed its 13F report for the fourth quarter of 2025 on April 20, 2026.

The players

Cwm LLC

An investment management firm that reduced its position in Devon Energy Corporation during the fourth quarter of 2025.

Devon Energy Corporation

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

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The takeaway

This transaction highlights the ongoing portfolio adjustments and investment decisions made by institutional investors like Cwm LLC in the energy sector. The reduction in Devon Energy holdings may reflect a broader shift in market sentiment or the firm's own assessment of the company's prospects.