Holders over time
- SHEL
- CVX
| Quarter | SHEL | CVX |
|---|---|---|
| Q3 2020 | none listed holders, n.a. | 18 holders, $9.3bn |
| Q4 2020 | none listed holders, n.a. | 27 holders, $12.0bn |
| Q1 2021 | none listed holders, n.a. | 22 holders, $12.8bn |
| Q2 2021 | none listed holders, n.a. | 25 holders, $12.5bn |
| Q3 2021 | none listed holders, n.a. | 25 holders, $12.4bn |
| Q4 2021 | none listed holders, n.a. | 24 holders, $14.6bn |
| Q1 2022 | 18 holders, $3.5bn | 25 holders, $39.6bn |
| Q2 2022 | 19 holders, $3.5bn | 25 holders, $35.6bn |
| Q3 2022 | 15 holders, $2.9bn | 33 holders, $37.1bn |
| Q4 2022 | 17 holders, $3.1bn | 33 holders, $45.2bn |
| Q1 2023 | 15 holders, $3.4bn | 32 holders, $36.7bn |
| Q2 2023 | 19 holders, $3.9bn | 32 holders, $34.1bn |
| Q3 2023 | 17 holders, $4.7bn | 31 holders, $33.6bn |
| Q4 2023 | 18 holders, $5.3bn | 29 holders, $32.3bn |
| Q1 2024 | 20 holders, $5.9bn | 24 holders, $31.7bn |
| Q2 2024 | 18 holders, $7.1bn | 30 holders, $31.2bn |
| Q3 2024 | 20 holders, $7.3bn | 28 holders, $28.5bn |
| Q4 2024 | 20 holders, $8.1bn | 28 holders, $28.4bn |
| Q1 2025 | 21 holders, $10.0bn | 26 holders, $32.6bn |
| Q2 2025 | 15 holders, $9.2bn | 27 holders, $28.7bn |
| Q3 2025 | 12 holders, $8.8bn | 33 holders, $34.2bn |
| Q4 2025 | 12 holders, $9.2bn | 33 holders, $34.8bn |
| Q1 2026 | 14 holders, $12.2bn | 40 holders, $40.1bn |
| Q2 2026 | 17 holders, $10.0bn | 37 holders, $32.6bn |
Shell PLC
- Holders
- 21
- Reported value
- $10.0bn
- Buyers
- 9
- Sellers
- 13
Breadth -4 among 95 comparable managers.
Chevron Corporation
- Holders
- 26
- Reported value
- $32.6bn
- Buyers
- 14
- Sellers
- 14
Breadth 0 among 95 comparable managers.
Who holds both, Q1 2025
Both (12)
AllianceBernstein LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Dodge & Cox, Fidelity (FMR LLC), Marshall Wace LLP, Neuberger Berman Group LLC, Renaissance Technologies LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Wellington Management Group LLP
Only SHEL (9)
D. E. Shaw & Co., First Eagle Investment Management LLC, Freestone Grove Partners LP, Holocene Advisors LP, Millennium Management LLC, Quantbot Technologies LP, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
Only CVX (14)
Acadian Asset Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Berkshire Hathaway Inc, GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, MFS Investment Management, Schonfeld Strategic Advisors LLC, Winton Group Ltd, Woodline Partners LP
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.