Chevron
CVX
3,269 hedge funds and large institutions have $218B invested in Chevron in 2023 Q1 according to their latest regulatory filings, with 191 funds opening new positions, 1,467 increasing their positions, 1,279 reducing their positions, and 137 closing their positions.
39% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 137
15% more repeat investments, than reductions
Existing positions increased: 1,467 | Existing positions reduced: 1,279
6% more call options, than puts
Call options by funds: $3.48B | Put options by funds: $3.28B
0.78% more ownership
Funds ownership: 69.64% → 70.42% (+0.78%)
1% less funds holding
Funds holding: 3,286 → 3,269 (-17)
10% less capital invested
Capital invested by funds: $241B → $218B (-$23.8B)
26% less funds holding in top 10
Funds holding in top 10: 355 → 262 (-93)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.73B |
| 2 |
Charles Schwab
San Francisco,
California
|
+$1.72B |
| 3 |
Wells Fargo
San Francisco,
California
|
+$472M |
| 4 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$400M |
| 5 |
JP Morgan Chase
New York
|
+$378M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$5.12B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$863M |
| 3 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$734M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$452M |
| 5 |
Barclays
London,
United Kingdom
|
-$421M |
CVX Hedge Fund Activity: Q1 2023 in Review
3,269 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Chevron (CVX) for Q1 2023, worth a combined $218B — down 9.9% from $241B a quarter earlier.
Buyers outnumbered sellers: 191 funds opened new CVX positions and 137 closed out — a net gain of 54 holders — while 1,467 added to existing stakes and 1,279 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.73B. The largest seller was Berkshire Hathaway, cutting an estimated $5.12B.
- 3,269 institutional investors held Chevron (CVX) as of Q1 2023, down from 3,286 in Q4 2022.
- Funds reported $218B of Chevron stock for Q1 2023, down 9.9% quarter-over-quarter.
- 191 funds opened new Chevron positions in Q1 2023 and 137 closed out, a net change of +54 holders.
- The largest Chevron buyer in Q1 2023 was Commonwealth Equity Services, an estimated $1.73B added.
- The largest Chevron seller in Q1 2023 was Berkshire Hathaway, an estimated $5.12B sold.
Based on aggregated 13F filings for Q1 2023.