Cantor Fitzgerald Investment Advisors L.P. raised its position in Devon Energy Corporation by 8.2% during the third quarter, according to its latest 13F filing with the SEC. The firm acquired an additional 22,768 shares to bring its total holdings to 298,981 shares, representing a stake valued at approximately 10.48 million dollars as of the end of the quarter. This marks one of the largest single-quarter increases in the company’s registry of institutional owners for the period.

Several other major institutions adjusted their Devon Energy holdings in the second quarter. Geode Capital Management LLC added 218,034 shares, lifting its stake to 18.60 million shares (valued at around 589.4 million dollars). AQR Capital Management LLC boosted its stake by 78.7%, adding 2.80 million shares to reach 6.36 million shares (202.3 million dollars). Charles Schwab Investment Management Inc. increased its position by 77,433 shares to 4.78 million shares (152.2 million dollars), while Adage Capital Partners GP L.L.C. grew its stake by 83.9%, adding 2.08 million shares to hold 4.57 million shares (145.3 million dollars). Legal & General Group Plc purchased an additional 112,537 shares, bringing its total to 3.18 million shares (101.2 million dollars). Collectively, hedge funds and institutional investors now own 69.72% of Devon Energy’s outstanding shares.