Holders over time
- VLO
- CVX
| Quarter | VLO | CVX |
|---|---|---|
| Q3 2020 | 14 holders, $1.2bn | 18 holders, $9.3bn |
| Q4 2020 | 14 holders, $1.9bn | 27 holders, $12.0bn |
| Q1 2021 | 17 holders, $2.8bn | 22 holders, $12.8bn |
| Q2 2021 | 14 holders, $2.8bn | 25 holders, $12.5bn |
| Q3 2021 | 11 holders, $2.2bn | 25 holders, $12.4bn |
| Q4 2021 | 17 holders, $2.0bn | 24 holders, $14.6bn |
| Q1 2022 | 20 holders, $2.9bn | 25 holders, $39.6bn |
| Q2 2022 | 22 holders, $4.2bn | 25 holders, $35.6bn |
| Q3 2022 | 23 holders, $4.3bn | 33 holders, $37.1bn |
| Q4 2022 | 19 holders, $3.9bn | 33 holders, $45.2bn |
| Q1 2023 | 19 holders, $4.2bn | 32 holders, $36.7bn |
| Q2 2023 | 22 holders, $3.6bn | 32 holders, $34.1bn |
| Q3 2023 | 22 holders, $4.1bn | 31 holders, $33.6bn |
| Q4 2023 | 20 holders, $3.2bn | 29 holders, $32.3bn |
| Q1 2024 | 21 holders, $4.4bn | 24 holders, $31.7bn |
| Q2 2024 | 22 holders, $4.0bn | 30 holders, $31.2bn |
| Q3 2024 | 20 holders, $2.9bn | 28 holders, $28.5bn |
| Q4 2024 | 18 holders, $2.5bn | 28 holders, $28.4bn |
| Q1 2025 | 13 holders, $3.6bn | 26 holders, $32.6bn |
| Q2 2025 | 17 holders, $3.9bn | 27 holders, $28.7bn |
| Q3 2025 | 21 holders, $5.7bn | 33 holders, $34.2bn |
| Q4 2025 | 21 holders, $5.2bn | 33 holders, $34.8bn |
| Q1 2026 | 21 holders, $7.7bn | 40 holders, $40.1bn |
| Q2 2026 | 25 holders, $7.3bn | 37 holders, $32.6bn |
Valero Energy Corp
- Holders
- 22
- Reported value
- $4.0bn
- Buyers
- 12
- Sellers
- 12
Breadth 0 among 94 comparable managers.
Chevron Corporation
- Holders
- 30
- Reported value
- $31.2bn
- Buyers
- 18
- Sellers
- 13
Breadth +5 among 94 comparable managers.
Who holds both, Q2 2024
Both (13)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Fidelity (FMR LLC), Holocene Advisors LP, Invesco Ltd, Jane Street Group LLC, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, T. Rowe Price Associates Inc
Only VLO (9)
Arrowstreet Capital LP, Caxton Associates LLP, ExodusPoint Capital Management LP, Man Group PLC, Marshall Wace LLP, PDT Partners LLC, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
Only CVX (17)
Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, Discovery Capital Management LLC, Dodge & Cox, Eisler Capital Management Ltd, GAMCO Investors Inc, Harris Associates LP, Janus Henderson Group Ltd, Quantbot Technologies LP, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, Susquehanna International Group LLP, Verition Fund Management LLC, Wellington Management Group LLP, Winton Group Ltd
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.