Which funds own CVX
Chevron Corporation in the Q2 2026 filings. At least 31 of the 91 current managers on file reported a position, worth $31.1bn between them. At least a fifth of the current managers on file hold it, which is a crowd without being the whole market. The quarter went one way: 18 managers opened or added against 14 cutting.
- Managers holding
- 31
- at least, of 91 current
- Combined value
- $31.1bn
- as reported
- Opened
- 2
- new this quarter
- Added to
- 16
- already held
- Trimmed or sold out
- 14
- 3 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Berkshire Hathaway Inc Long-only · $299bn book | $14.0bn | 4.7% | 84,375,856 | -$3.5bn0 | Held |
| T. Rowe Price Associates Inc Long-only · $999bn book | $2.9bn | 0.3% | 17,571,723 | -$1.0bn-1,456,618 | Trimmed |
| Invesco Ltd Long-only · $1264bn book | $2.5bn | 0.2% | 15,185,328 | -$722m-472,048 | Trimmed |
| Fidelity (FMR LLC) Long-only · $2304bn book | $2.2bn | 0.1% | 13,042,972 | -$1.4bn-4,225,337 | Trimmed |
| Capital World Investors Long-only · $846bn book | $1.8bn | 0.2% | 10,890,630 | -$440m+38,097 | Added |
| MFS Investment Management Long-only · $315bn book | $1.0bn | 0.3% | 6,072,686 | -$470m-1,036,733 | Trimmed |
| AQR Capital Management LLC Quantitative · $287bn book | $912m | 0.3% | 5,502,367 | +$603m+4,009,582 | Added |
| AllianceBernstein LP Long-only · $302bn book | $775m | 0.3% | 3,744,262 | +$207m+22,207 | Added |
| Janus Henderson Group Ltd Long-only · $245bn book | $676m | 0.3% | 4,078,078 | -$189m-103,731 | Trimmed |
| Millennium Management LLC Multi-strategy · $276bn book | $507m | 0.2% | 3,056,388 | +$148m+1,324,327 | Added |
| Neuberger Berman Group LLC Long-only · $150bn book | $496m | 0.3% | 2,991,482 | -$167m-211,708 | Trimmed |
| Renaissance Technologies LLC Quantitative · $72.6bn book | $476m | 0.7% | 2,870,517 | +$59m+855,121 | Added |
| Marshall Wace LLP Quantitative · $127bn book | $420m | 0.3% | 2,535,368 | -$444m-1,639,293 | Trimmed |
| Capital Research Global Investors Long-only · $717bn book | $386m | 0.1% | 2,330,961 | -$152m-271,200 | Trimmed |
| Holocene Advisors LP Long/short equity · $44.4bn book | $352m | 0.8% | 2,125,327 | +$219m+1,481,714 | Added |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $342m | 0.4% | 2,065,765 | +$196m+1,358,689 | Added |
| D. E. Shaw & Co. Quantitative · $210bn book | $288m | 0.1% | 1,736,226 | +$145m+1,043,871 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $262m | 0.3% | 1,582,345 | -$321m-1,237,336 | Trimmed |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $202m | 0.9% | 1,217,423 | opened1,217,423 | New |
| Man Group PLC Quantitative · $62.7bn book | $192m | 0.3% | 1,157,465 | +$109m+754,622 | Added |
| Woodline Partners LP Long/short equity · $32.4bn book | $68m | 0.2% | 407,105 | -$8.8m+38,447 | Added |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $67m | 0.5% | 404,553 | +$47m+307,368 | Added |
| Tudor Investment Corp Macro · $71.9bn book | $64m | 0.1% | 387,045 | -$800k+73,328 | Added |
| Discovery Capital Management LLC Macro · $2.4bn book | $59m | 2.4% | 355,336 | opened355,336 | New |
| Dodge & Cox Value · $191bn book | $34m | 0.0% | 202,503 | -$8.9m-2,606 | Trimmed |
| Walleye Capital LLC Multi-strategy · $28.0bn book | $30m | 0.1% | 183,089 | +$3.1m+51,554 | Added |
| Bridgewater Associates LP Macro · $24.4bn book | $26m | 0.1% | 154,753 | +$25m+151,926 | Added |
| PDT Partners LLC Quantitative · $1.9bn book | $19m | 1.0% | 111,500 | +$8.9m+65,300 | Added |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $17m | 0.1% | 104,588 | -$27m-110,815 | Trimmed |
| Quantbot Technologies LP Quantitative · $2.5bn book | $17m | 0.6% | 99,373 | +$14m+88,221 | Added |
| Harris Associates LP Value · $75.4bn book | $200k | 0.0% | 1,350 | -$100k0 | Held |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Arrowstreet Capital LP · Quantitative$403m held before
- Rokos Capital Management LLP · Macro$24m held before
- Freestone Grove Partners LP · Multi-strategy$16m held before
Ownership through time
At least 37 of the 95 managers whose filings are on file listed CVX in Q2 2026, against 25 in Q2 2013. 3 managers fewer than in Q1 2026: 2 started positions; 2 listed it again; 2 sold out, by their own filings; 5 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 25
- Q3 2013: 23
- Q4 2013: 27
- Q1 2014: 28
- Q2 2014: 24
- Q3 2014: 23
- Q4 2014: 21
- Q1 2015: 22
- Q2 2015: 33
- Q3 2015: 24
- Q4 2015: 18
- Q1 2016: 22
- Q2 2016: 24
- Q3 2016: 22
- Q4 2016: 23
- Q1 2017: 28
- Q2 2017: 28
- Q3 2017: 27
- Q4 2017: 29
- Q1 2018: 28
- Q2 2018: 28
- Q3 2018: 29
- Q4 2018: 23
- Q1 2019: 33
- Q2 2019: 21
- Q3 2019: 26
- Q4 2019: 31
- Q1 2020: 28
- Q2 2020: 26
- Q3 2020: 18
- Q4 2020: 27
- Q1 2021: 22
- Q2 2021: 25
- Q3 2021: 25
- Q4 2021: 24
- Q1 2022: 25
- Q2 2022: 25
- Q3 2022: 33
- Q4 2022: 33
- Q1 2023: 32
- Q2 2023: 32
- Q3 2023: 31
- Q4 2023: 29
- Q1 2024: 24
- Q2 2024: 30
- Q3 2024: 28
- Q4 2024: 28
- Q1 2025: 26
- Q2 2025: 27
- Q3 2025: 33
- Q4 2025: 33
- Q1 2026: 40
- Q2 2026: 37
- Q2 2013: $23.3bn
- Q3 2013: $23.3bn
- Q4 2013: $23.3bn
- Q1 2014: $22.1bn
- Q2 2014: $25.3bn
- Q3 2014: $22.2bn
- Q4 2014: $19.5bn
- Q1 2015: $18.9bn
- Q2 2015: $18.6bn
- Q3 2015: $14.8bn
- Q4 2015: $16.9bn
- Q1 2016: $16.3bn
- Q2 2016: $19.1bn
- Q3 2016: $17.9bn
- Q4 2016: $20.9bn
- Q1 2017: $17.2bn
- Q2 2017: $16.7bn
- Q3 2017: $19.5bn
- Q4 2017: $20.6bn
- Q1 2018: $19.7bn
- Q2 2018: $22.9bn
- Q3 2018: $20.1bn
- Q4 2018: $16.5bn
- Q1 2019: $17.9bn
- Q2 2019: $15.5bn
- Q3 2019: $14.3bn
- Q4 2019: $15.0bn
- Q1 2020: $7.1bn
- Q2 2020: $8.5bn
- Q3 2020: $9.3bn
- Q4 2020: $12.0bn
- Q1 2021: $12.8bn
- Q2 2021: $12.5bn
- Q3 2021: $12.4bn
- Q4 2021: $14.6bn
- Q1 2022: $39.6bn
- Q2 2022: $35.6bn
- Q3 2022: $37.1bn
- Q4 2022: $45.2bn
- Q1 2023: $36.7bn
- Q2 2023: $34.1bn
- Q3 2023: $33.6bn
- Q4 2023: $32.3bn
- Q1 2024: $31.7bn
- Q2 2024: $31.2bn
- Q3 2024: $28.5bn
- Q4 2024: $28.4bn
- Q1 2025: $32.6bn
- Q2 2025: $28.7bn
- Q3 2025: $34.2bn
- Q4 2025: $34.8bn
- Q1 2026: $40.1bn
- Q2 2026: $32.6bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- AQR Capital Management LLC1,492,785 to 5,502,367 shares+$665m
- Citadel Advisors LLC1,426,383 to 3,496,126 shares+$343m
- Holocene Advisors LP643,613 to 2,125,327 shares+$246m
- Squarepoint Ops LLC707,076 to 2,065,765 shares+$225m
- Millennium Management LLC1,732,061 to 3,056,388 shares+$220m
Largest decreases, by shares
- Fidelity (FMR LLC)17,268,309 to 13,042,972 shares-$700m
- Marshall Wace LLP4,174,661 to 2,535,368 shares-$272m
- T. Rowe Price Associates Inc19,028,341 to 17,571,723 shares-$241m
- Acadian Asset Management LLC2,819,681 to 1,582,345 shares-$205m
- MFS Investment Management7,109,419 to 6,072,686 shares-$172m
Left it
- Arrowstreet Capital LPwas $402m
- Rokos Capital Management LLPwas $24m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Berkshire Hathaway Inc | Q3 2020 | $29.3bn | $14.0bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $3.9bn | $2.9bn | |
| Invesco Ltd | Q2 2013 | $3.2bn | $2.5bn | |
| Fidelity (FMR LLC) | Q2 2013 | $6.4bn | $2.2bn | |
| Capital World Investors | Q2 2013 | $5.8bn | $1.8bn | |
| MFS Investment Management | Q2 2013 | $1.5bn | $1.0bn | |
| AQR Capital Management LLC | Q2 2013 | $912m | $912m | |
| AllianceBernstein LP | Q2 2013 | $1.0bn | $775m | |
| Janus Henderson Group Ltd | Q2 2013 | $865m | $676m | |
| Citadel Advisors LLC | Q1 2016 | $580m | $580m | |
| Millennium Management LLC | Q3 2013 | $562m | $507m | |
| Neuberger Berman Group LLC | Q2 2013 | $772m | $496m | |
| Renaissance Technologies LLC | Q2 2014 | $838m | $476m | |
| Marshall Wace LLP | Q4 2014 | $864m | $420m | |
| Wellington Management Group LLP | Q2 2013 | $6.3bn | $416m | |
| Arrowstreet Capital LP | Q1 2020 | $499m | last listed Q1 2026 | |
| Susquehanna International Group LLP | Q4 2013 | $360m | last listed Q1 2026 | |
| Two Sigma Advisers LP | Q2 2013 | $337m | last listed Q3 2024 | |
| First Eagle Investment Management LLC | Q2 2013 | $307m | last listed Q1 2023 | |
| Two Sigma Investments LP | Q2 2013 | $273m | last listed Q1 2026 | |
| Balyasny Asset Management LLC | Q3 2017 | $238m | last listed Q4 2025 | |
| Hudson Bay Capital Management LP | Q3 2016 | $157m | last listed Q1 2026 | |
| Caxton Associates LLP | Q3 2017 | $103m | last listed Q4 2024 | |
| Artisan Partners LP | Q2 2013 | $90m | last listed Q1 2014 | |
| Rokos Capital Management LLP | Q4 2025 | $82m | last listed Q1 2026 |
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Squarepoint Ops LLC · puts$93m notional
What CVX is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around CVX →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
One email a week, free, and you can leave at any point.