In a recent SEC filing, John Armitage's Egerton Capital disclosed a significant increase in its position in Devon Energy Corp. (DVN). As of September 30, 2026, the firm held 10.83 million shares valued at approximately $498.59 million. This represents a 43.28% increase in shares from the previous quarter's filing.
Investors should note that 13F filings are submitted to the SEC quarterly and reflect positions held at the end of the reporting period, not necessarily real-time trading activity. This particular transaction occurred at some point during the third quarter of 2026. The increased stake has raised Egerton's portfolio weight in the energy company to 5.08%.