Holders over time
- PBR
- CVX
| Quarter | PBR | CVX |
|---|---|---|
| Q3 2020 | 11 holders, $1.7bn | 18 holders, $9.3bn |
| Q4 2020 | 14 holders, $3.2bn | 27 holders, $12.0bn |
| Q1 2021 | 15 holders, $1.5bn | 22 holders, $12.8bn |
| Q2 2021 | 14 holders, $2.6bn | 25 holders, $12.5bn |
| Q3 2021 | 11 holders, $1.9bn | 25 holders, $12.4bn |
| Q4 2021 | 14 holders, $2.2bn | 24 holders, $14.6bn |
| Q1 2022 | 11 holders, $3.3bn | 25 holders, $39.6bn |
| Q2 2022 | 12 holders, $2.3bn | 25 holders, $35.6bn |
| Q3 2022 | 16 holders, $3.0bn | 33 holders, $37.1bn |
| Q4 2022 | 15 holders, $2.3bn | 33 holders, $45.2bn |
| Q1 2023 | 17 holders, $2.0bn | 32 holders, $36.7bn |
| Q2 2023 | 14 holders, $2.5bn | 32 holders, $34.1bn |
| Q3 2023 | 16 holders, $2.5bn | 31 holders, $33.6bn |
| Q4 2023 | 15 holders, $2.6bn | 29 holders, $32.3bn |
| Q1 2024 | 10 holders, $1.5bn | 24 holders, $31.7bn |
| Q2 2024 | 12 holders, $1.7bn | 30 holders, $31.2bn |
| Q3 2024 | 9 holders, $1.4bn | 28 holders, $28.5bn |
| Q4 2024 | 7 holders, $1.4bn | 28 holders, $28.4bn |
| Q1 2025 | 10 holders, $1.9bn | 26 holders, $32.6bn |
| Q2 2025 | 7 holders, $927m | 27 holders, $28.7bn |
| Q3 2025 | 7 holders, $859m | 33 holders, $34.2bn |
| Q4 2025 | 9 holders, $1.1bn | 33 holders, $34.8bn |
| Q1 2026 | 14 holders, $3.4bn | 40 holders, $40.1bn |
| Q2 2026 | 14 holders, $3.4bn | 37 holders, $32.6bn |
Petroleo Brasileiro S A
- Holders
- 9
- Reported value
- $1.1bn
- Buyers
- 16
- Sellers
- 13
Breadth +3 among 92 comparable managers.
Chevron Corporation
- Holders
- 33
- Reported value
- $34.8bn
- Buyers
- 21
- Sellers
- 22
Breadth -1 among 92 comparable managers.
Who holds both, Q4 2025
Both (5)
Dodge & Cox, Invesco Ltd, Marshall Wace LLP, MFS Investment Management, Renaissance Technologies LLC
Only PBR (4)
Baillie Gifford & Co, Point72 Asset Management LP, Voloridge Investment Management LLC, Winton Group Ltd
Only CVX (28)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Jane Street Group LLC, Janus Henderson Group Ltd, Man Group PLC, Millennium Management LLC, Moore Capital Management LP, Neuberger Berman Group LLC, PDT Partners LLC, Quantbot Technologies LP, Rokos Capital Management LLP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Verition Fund Management LLC, and 3 more
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.