![Investors Are Shifting Gears: Sumitomo Mitsui Trust Cuts Stake in Devon Energy Investors Are Shifting Gears: Sumitomo Mitsui Trust Cuts Stake in Devon Energy](https://mivalle.net.ar/wp-content/uploads/2025/02/compressed_img-16MR7n0Y7aiuYm5CiwqPnFRp-480x384.png)
Investors Are Shifting Gears: Sumitomo Mitsui Trust Cuts Stake in Devon Energy
Sumitomo Mitsui Trust Group Inc. reduced its stake in Devon Energy by 4.8%, now holding 1.56 million shares worth $51 million. Competition among investors is fierce, with Brookstone Capital Management increasing its investment by 19.2% and CWM LLC by 73.4%. Ritholtz Wealth