Chevron
CVX
2,271 hedge funds and large institutions have $88.8B invested in Chevron in 2020 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 828 increasing their positions, 1,145 reducing their positions, and 172 closing their positions.
0.65% more ownership
Funds ownership: 65.4% → 66.05% (+0.65%)
5% less call options, than puts
Call options by funds: $1.5B | Put options by funds: $1.59B
4% less funds holding
Funds holding: 2,370 → 2,271 (-99)
18% less capital invested
Capital invested by funds: $109B → $88.8B (-$20.1B)
28% less repeat investments, than reductions
Existing positions increased: 828 | Existing positions reduced: 1,145
42% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 172
48% less funds holding in top 10
Funds holding in top 10: 61 → 32 (-29)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$3.72B |
| 2 |
Franklin Resources
San Mateo,
California
|
+$864M |
| 3 |
Two Sigma Investments
New York
|
+$202M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$195M |
| 5 |
Two Sigma Advisers
New York
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$584M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$285M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$275M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$257M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$256M |
CVX Hedge Fund Activity: Q3 2020 in Review
2,271 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Chevron (CVX) for Q3 2020, worth a combined $88.8B — down 18% from $109B a quarter earlier.
Sellers outnumbered buyers: 172 funds closed out of CVX and 100 opened new positions — a net loss of 72 holders — while 1,145 trimmed existing stakes and 828 added.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $3.72B. The largest seller was Capital International Investors, cutting an estimated $584M.
- 2,271 institutional investors held Chevron (CVX) as of Q3 2020, down from 2,370 in Q2 2020.
- Funds reported $88.8B of Chevron stock for Q3 2020, down 18% quarter-over-quarter.
- 100 funds opened new Chevron positions in Q3 2020 and 172 closed out, a net change of -72 holders.
- The largest Chevron buyer in Q3 2020 was Berkshire Hathaway, an estimated $3.72B added.
- The largest Chevron seller in Q3 2020 was Capital International Investors, an estimated $584M sold.
Based on aggregated 13F filings for Q3 2020.