Chevron
CVX
3,466 hedge funds and large institutions have $205B invested in Chevron in 2023 Q4 according to their latest regulatory filings, with 382 funds opening new positions, 1,474 increasing their positions, 1,302 reducing their positions, and 194 closing their positions.
97% more first-time investments, than exits
New positions opened: 382 | Existing positions closed: 194
13% more repeat investments, than reductions
Existing positions increased: 1,474 | Existing positions reduced: 1,302
4% more funds holding
Funds holding: 3,328 → 3,466 (+138)
3.93% more ownership
Funds ownership: 69.23% → 73.17% (+3.9%)
8% less call options, than puts
Call options by funds: $4.16B | Put options by funds: $4.51B
8% less capital invested
Capital invested by funds: $223B → $205B (-$17.6B)
42% less funds holding in top 10
Funds holding in top 10: 269 → 156 (-113)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.24B |
| 2 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$2.4B |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$711M |
| 4 |
BlackRock
New York
|
+$706M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$695M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$704M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$500M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$499M |
| 4 |
Amundi
Paris,
France
|
-$427M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$368M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
3651
Flaharty Asset Management
Clearwater,
Florida
| – | -$63.1K | -374 | Closed |
|
3652
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$43.2K | -256 | Closed |
|
|
AWA
3653
Artemis Wealth Advisors
New York
| – | -$43K | -255 | Closed |
|
|
AWM
3654
Avondale Wealth Management
West Lake Hills,
Texas
| – | -$33.3K | -220 | Closed |
|
|
PMAM
3655
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$26K | -159 | Closed |
|
|
HWP
3656
Hibernia Wealth Partners
Baton Rouge,
Louisiana
| – | -$17.7K | -105 | Closed |
|
|
TJHA
3657
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$16.9K | -100 | Closed |
|
|
WFA
3658
West Financial Advisors
Des Moines,
Iowa
| – | -$14.7K | -87 | Closed |
|
|
LPC
3659
Lion Point Capital
New York
| – | -$7.76K | -46 | Closed |
|
|
SWM
3660
Sanctuary Wealth Management
Pocatello,
Idaho
| – | -$7.25K | -43 | Closed |
|
|
MFG
3661
Mendota Financial Group
Madison,
Wisconsin
| – | -$4.22K | -25 | Closed |
|
|
UFF
3662
USA Financial Formulas
Ada,
Michigan
| – | -$1.69K | -10 | Closed |
|
CVX Hedge Fund Activity: Q4 2023 in Review
3,466 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Chevron (CVX) for Q4 2023, worth a combined $205B — down 7.9% from $223B a quarter earlier.
Buyers outnumbered sellers: 382 funds opened new CVX positions and 194 closed out — a net gain of 188 holders — while 1,474 added to existing stakes and 1,302 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.24B. The largest seller was Capital International Investors, cutting an estimated $704M.
- 3,466 institutional investors held Chevron (CVX) as of Q4 2023, up from 3,328 in Q3 2023.
- Funds reported $205B of Chevron stock for Q4 2023, down 7.9% quarter-over-quarter.
- 382 funds opened new Chevron positions in Q4 2023 and 194 closed out, a net change of +188 holders.
- The largest Chevron buyer in Q4 2023 was Morgan Stanley, an estimated $5.24B added.
- The largest Chevron seller in Q4 2023 was Capital International Investors, an estimated $704M sold.
Based on aggregated 13F filings for Q4 2023.