Chevron
CVX
3,990 hedge funds and large institutions have $223B invested in Chevron in 2025 Q4 according to their latest regulatory filings, with 408 funds opening new positions, 1,528 increasing their positions, 1,680 reducing their positions, and 142 closing their positions.
187% more first-time investments, than exits
New positions opened: 408 | Existing positions closed: 142
19% more call options, than puts
Call options by funds: $3.52B | Put options by funds: $2.94B
5% more funds holding
Funds holding: 3,800 → 3,990 (+190)
1% less capital invested
Capital invested by funds: $225B → $223B (-$2.16B)
9% less repeat investments, than reductions
Existing positions increased: 1,528 | Existing positions reduced: 1,680
3% less funds holding in top 10
Funds holding in top 10: 87 → 84 (-3)
11.3% less ownership
Funds ownership: 83.99% → 72.69% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$1.23B |
| 2 |
BlackRock
New York
|
+$334M |
| 3 |
Renaissance Technologies
New York
|
+$270M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$196M |
| 5 |
SG Americas Securities
New York
|
+$187M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$615M |
| 2 |
Bank of New York Mellon
New York
|
-$473M |
| 3 |
JP Morgan Chase
New York
|
-$332M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$294M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$271M |
CVX Hedge Fund Activity: Q4 2025 in Review
3,990 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Chevron (CVX) for Q4 2025, worth a combined $223B — down 0.96% from $225B a quarter earlier.
Buyers outnumbered sellers: 408 funds opened new CVX positions and 142 closed out — a net gain of 266 holders — while 1,528 added to existing stakes and 1,680 trimmed.
The largest buyer was Berkshire Hathaway, adding an estimated $1.23B. The largest seller was Primecap Management, cutting an estimated $615M.
- 3,990 institutional investors held Chevron (CVX) as of Q4 2025, up from 3,800 in Q3 2025.
- Funds reported $223B of Chevron stock for Q4 2025, down 0.96% quarter-over-quarter.
- 408 funds opened new Chevron positions in Q4 2025 and 142 closed out, a net change of +266 holders.
- The largest Chevron buyer in Q4 2025 was Berkshire Hathaway, an estimated $1.23B added.
- The largest Chevron seller in Q4 2025 was Primecap Management, an estimated $615M sold.
Based on aggregated 13F filings for Q4 2025.