Chevron
CVX
3,475 hedge funds and large institutions have $201B invested in Chevron in 2023 Q4 according to their latest regulatory filings, with 386 funds opening new positions, 1,477 increasing their positions, 1,304 reducing their positions, and 194 closing their positions.
99% more first-time investments, than exits
New positions opened: 386 | Existing positions closed: 194
58% more capital inflows, than outflows
Capital inflows: $11.5B | Capital outflows: $7.24B
13% more repeat investments, than reductions
Existing positions increased: 1,477 | Existing positions reduced: 1,304
4% more funds holding
Funds holding: 3,333 → 3,475 (+142)
2.26% more ownership
Funds ownership: 69.23% → 71.49% (+2.3%)
8% less call options, than puts
Call options by funds: $4.16B | Put options by funds: $4.51B
42% less funds holding in top 10
Funds holding in top 10: 269 → 156 (-113)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$2.4B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$711M |
| 3 |
BlackRock
New York
|
+$706M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$695M |
| 5 |
JP Morgan Chase
New York
|
+$556M |
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
3,475 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in Chevron (CVX) for Q4 2023, worth a combined $201B — down 10% from $223B a quarter earlier.
Buyers outnumbered sellers: 386 funds opened new CVX positions and 194 closed out — a net gain of 192 holders — while 1,477 added to existing stakes and 1,304 trimmed.
The largest buyer was Berkshire Hathaway, adding an estimated $2.4B. The largest seller was Capital International Investors, cutting an estimated $704M.
- 3,475 institutional investors held Chevron (CVX) as of Q4 2023, up from 3,333 in Q3 2023.
- Funds reported $201B of Chevron stock for Q4 2023, down 10% quarter-over-quarter.
- 386 funds opened new Chevron positions in Q4 2023 and 194 closed out, a net change of +192 holders.
- The largest Chevron buyer in Q4 2023 was Berkshire Hathaway, an estimated $2.4B added.
- The largest Chevron seller in Q4 2023 was Capital International Investors, an estimated $704M sold.
Based on aggregated 13F filings for Q4 2023.