Chevron
CVX
3,468 hedge funds and large institutions have $205B invested in Chevron in 2023 Q4 according to their latest regulatory filings, with 384 funds opening new positions, 1,474 increasing their positions, 1,302 reducing their positions, and 194 closing their positions.
98% more first-time investments, than exits
New positions opened: 384 | 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 → 3,468 (+140)
3.96% more ownership
Funds ownership: 69.23% → 73.2% (+4%)
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 (-$17.5B)
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 |
CVX Hedge Fund Activity: Q4 2023 in Review
3,468 of the 6,862 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: 384 funds opened new CVX positions and 194 closed out — a net gain of 190 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.
- 3,468 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.
- 384 funds opened new Chevron positions in Q4 2023 and 194 closed out, a net change of +190 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.