Paul Isaac's Arbiter Partners Capital Management exited Devon Energy Corp (DVN) during 2026 Q2, according to the 13F-HR/A filed with the SEC on September 15, 2026, selling all 4K shares. The position had been worth about $201.3K at the prior quarter-end and carried 0.14% of the book. DVN had been in the portfolio for 12.5 years, since the quarter ended December 31, 2013.
What did the 2026 Q2 filing report for DVN?
As of June 30, 2026, from the 13F-HR/A filed September 15, 2026.
| Before | After | |
|---|---|---|
| Shares | 4K | 0 |
| Reported value | $201.3K | $0 |
| Portfolio weight | 0.14% | 0% |
| Held since | 2013 Q4 | sold out in 2026 Q2 |
| Quarters held | 50 |
What did Paul Isaac sell?
Paul Isaac sold 4K shares of DVN between the quarter ended March 31, 2026 and June 30, 2026. The DVN exit was the 31st largest of the quarter's 45 position changes by percent change to portfolio.
Where does DVN sit in the Paul Isaac portfolio?
Before the sale, DVN carried 0.14% of the Paul Isaac portfolio, below the fund's average stock position of 2%. The largest stock position is GRAL at 38.42%. Next come GEF-B at 9.86% and CRBG at 6.19%. The three largest stocks together are 54.47% of the book. Across the 2026 Q2 portfolio, Paul Isaac reported 42 stock positions, with 5 opened and 3 closed. The total portfolio value is about $367.5M, up 149% from the prior quarter.
How long has Paul Isaac held DVN?
Paul Isaac held DVN for 12.5 years, from the quarter ended December 31, 2013 to March 31, 2026. The weight peaked at 1.92% in 2014 Q2. Last quarter the fund had already cut the position by 56%, so the exit finishes a two-quarter unwind. Every reported trade is on the Paul Isaac DVN trade history page.
Did other funds buy or sell DVN in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of September 15, 2026, 5 still hold DVN. Meanwhile 2 opened it. The largest buyers of DVN this quarter were John Armitage, Fred Martin and Christopher Davis. Every tracked holder of DVN is on the DVN ownership page.
FAQ
How many DVN shares did Paul Isaac sell?
Paul Isaac sold all 4K shares of DVN it reported a quarter earlier, worth about $201.3K.
When did Paul Isaac first buy DVN?
Paul Isaac first reported DVN in the quarter ended December 31, 2013.
How much of the Paul Isaac portfolio was DVN?
DVN was 0.14% of the Paul Isaac portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell DVN in 2026 Q2?
No other tracked fund sold out of DVN or trimmed it in 2026 Q2; 5 still hold it.