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Christopher Davis opened a new position in DVN, now 4.47% of the portfolio.

New holding of 1,595,909 shares worth $65.94M.
Published · Based on SEC filings

Low impact
New position
2026 Q2

Devon Energy Corp (DVN) is a new holding of Christopher Davis' Clipper Fund as of June 30, 2026, according to the NPORT-P filed with the SEC on August 27, 2026: 1.6M shares worth about $65.9M, 4.47% of the portfolio. The position did not appear in the prior quarter. DVN enters the book as the 9th largest of 32 stock positions.

What did the 2026 Q2 filing report for DVN?

As of June 30, 2026, from the NPORT-P filed August 27, 2026.

Value
Shares 1.6M
Reported value $65.9M
Portfolio weight 4.47%
Rank in portfolio 9th of 32

How big is the new DVN position?

Christopher Davis opened 2 stock positions in 2026 Q2; DVN is the largest of them by weight. An average stock position in the Christopher Davis portfolio is 3% of the reported value, so the new name comes in above the fund's typical size.

Where does DVN sit in the Christopher Davis portfolio?

DVN ranks 9th of 32 stock positions in the Christopher Davis portfolio at 4.47%, above the fund's average stock position of 3%. The largest stock position is GOOGL at 7.75%. Next come COF at 6.97% and MKL at 5.92%. The three largest stocks together are 20.64% of the book. The DVN purchase was the 2nd largest of the quarter's 16 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Christopher Davis reported 32 stock positions, with 2 opened and 2 closed. The total portfolio value is about $1.5B, up 10% from the prior quarter.

Christopher Davis buys and sells, 2026 Q2

Has Christopher Davis held DVN before?

Christopher Davis has not reported DVN before in the filings we track. Our data starts with the quarter ended June 30, 2013.

Did other funds buy or sell DVN in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 27, 2026, 4 hold DVN. Of those, one opened it this quarter. One other tracked fund sold out of it. The largest buyers of DVN this quarter were John Armitage, Fred Martin and Donald Yacktman. The largest seller was Paul Isaac. Every tracked holder of DVN is on the DVN ownership page.

FAQ

How many DVN shares does Christopher Davis hold?

Christopher Davis holds 1.6M shares of DVN as of June 30, 2026, worth about $65.9M.

What is DVN's weight in the Christopher Davis portfolio?

DVN is 4.47% of the Christopher Davis portfolio and ranks 9th of 32 stocks by weight.

Has Christopher Davis owned DVN before?

No. Christopher Davis has not reported DVN before in the filings we track, which start with the quarter ended June 30, 2013.

How many other tracked funds hold DVN?

4 other tracked funds that had filed for 2026 Q2 hold DVN. One of them opened it this quarter.

Source: based on original SEC filings

Figures are from the fund's N-PORT report, which lists its positions at period-end values.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst