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1,413 hedge funds and large institutions have $28.6B invested in Shell in 2025 Q1 according to their latest regulatory filings, with 147 funds opening new positions, 514 increasing their positions, 479 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $993M | Put options by funds: $530M

60% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 92

27% more funds holding in top 10

Funds holding in top 10: 2228 (+6)

15% more capital invested

Capital invested by funds: $24.8B → $28.6B (+$3.81B)

2% more funds holding

Funds holding: 1,3801,413 (+33)

7% more repeat investments, than reductions

Existing positions increased: 514 | Existing positions reduced: 479

0.27% more ownership

Funds ownership: 6.2%6.47% (+0.27%)

Holders
1,413
Holders Change
+33
Holders Change %
+2.39%
% of All Funds
18.95%
Holding in Top 10
28
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+27.27%
% of All Funds
0.38%
New
147
Increased
514
Reduced
479
Closed
92
Calls
$993M
Puts
$530M
Net Calls
+$463M
Net Calls Change
-$58M
Name Holding Trade Value Shares
Change
Change in
Stake
CSP
226
Cary Street Partners
Virginia
$5.56M -$312K -4,625 -6%
IFO
227
Intrepid Family Office
Florida
$5.5M -$1.68M -25,000 -25%
IQI
228
Integrated Quantitative Investments
Washington
$5.47M +$5.03M +74,600 New
RCM
229
Regency Capital Management
Hawaii
$5.44M -$2.13M -31,605 -30%
USCWA
230
U.S. Capital Wealth Advisors
Texas
$5.35M -$407K -6,049 -8%
MCM
231
MAI Capital Management
Ohio
$5.24M -$118K -1,748 -2%
HAM
232
Hedges Asset Management
Nevada
$5.21M -$111K -1,650 -2%
RA
233
Royce & Associates
New York
$5.13M
BCI
234
Brinker Capital Investments
Pennsylvania
$5.12M +$465K +6,907 +11%
OPS
235
Orion Portfolio Solutions
Nebraska
$5.12M +$465K +6,907 +11%
AG
236
Advocate Group
Minnesota
$5.1M +$16.6K +247 +0.4%
FT
237
Fiduciary Trust
Massachusetts
$5.03M +$250K +3,708 +6%
YIA
238
YHB Investment Advisors
Connecticut
$5.03M +$178K +2,649 +4%
HCP
239
Hiddenite Capital Partners
New York
$5.02M
Lazard Asset Management
240
Lazard Asset Management
New York
$4.99M -$858K -12,736 -16%
KB
241
Kimelman & Baird
New York
$4.85M
BFS
242
Bard Financial Services
Connecticut
$4.84M +$33.7K +500 +0.8%
Connor, Clark & Lunn Investment Management (CC&L)
243
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.82M -$9.3M -138,005 -68%
KAS
244
Kestra Advisory Services
Texas
$4.82M -$256K -3,798 -5%
BBNA
245
Bremer Bank National Association
Minnesota
$4.76M +$255K +3,791 +6%
William Blair & Company
246
William Blair & Company
Illinois
$4.68M -$66.4K -986 -2%
PGFC
247
Peapack-Gladstone Financial Corp
New Jersey
$4.65M -$224K -3,327 -5%
WAM
248
Weatherly Asset Management
California
$4.64M +$58.4K +867 +1%
MPM
249
Meritage Portfolio Management
Kansas
$4.62M +$2.2M +32,707 +108%
ACIM
250
Azimuth Capital Investment Management
Michigan
$4.62M -$6.74K -100 -0.2%

SHEL Hedge Fund Activity: Q1 2025 in Review

1,413 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Shell (SHEL) for Q1 2025, worth a combined $28.6B — up 15% from $24.8B a quarter earlier.

Buyers outnumbered sellers: 147 funds opened new SHEL positions and 92 closed out — a net gain of 55 holders — while 514 added to existing stakes and 479 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $476M. The largest seller was Millennium Management, cutting an estimated $236M.

  • 1,413 institutional investors held Shell (SHEL) as of Q1 2025, up from 1,380 in Q4 2024.
  • Funds reported $28.6B of Shell stock for Q1 2025, up 15% quarter-over-quarter.
  • 147 funds opened new Shell positions in Q1 2025 and 92 closed out, a net change of +55 holders.
  • The largest Shell buyer in Q1 2025 was Fidelity Investments, an estimated $476M added.
  • The largest Shell seller in Q1 2025 was Millennium Management, an estimated $236M sold.

Based on aggregated 13F filings for Q1 2025.