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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
Verition Fund Management
76
Verition Fund Management
Connecticut
$46.4M -$8.33M -123,623 -16%
Renaissance Technologies
77
Renaissance Technologies
New York
$43.9M -$5.01M -74,300 -11%
Ameriprise
78
Ameriprise
Minnesota
$42.5M +$848K +12,591 +2%
Fayez Sarofim & Co
79
Fayez Sarofim & Co
Texas
$39.2M -$99K -1,470 -0.3%
Bank of New York Mellon
80
Bank of New York Mellon
New York
$38.6M -$4.33M -64,288 -11%
Alyeska Investment Group
81
Alyeska Investment Group
Illinois
$37.8M -$2.12M -31,460 -6%
DLA
82
Douglas Lane & Associates
New York
$37.7M -$7M -103,839 -17%
Neuberger Berman Group
83
Neuberger Berman Group
New York
$37.6M +$2.45M +36,354 +8%
PDM
84
Penn Davis McFarland
Texas
$37.3M +$284K +4,217 +0.8%
GLA
85
Great Lakes Advisors
Illinois
$37M -$29.8K -442 -0.1%
First Eagle Investment Management
86
First Eagle Investment Management
New York
$36.3M +$491K +7,292 +1%
CCM
87
Cullen Capital Management
New York
$33.7M +$1.09M +16,185 +4%
FP
88
Foundry Partners
Minnesota
$33.4M -$2.84M -42,183 -8%
KCM
89
Kornitzer Capital Management
Kansas
$32.5M +$98.6K +1,464 +0.3%
Corient Private Wealth
90
Corient Private Wealth
Florida
$30.4M -$3.01M -44,729 -10%
GF
91
Gabelli Funds
New York
$28.9M +$50.5K +750 +0.2%
ACG
92
Aventail Capital Group
New York
$28.5M -$7.47M -110,829 -22%
Commonwealth Equity Services
93
Commonwealth Equity Services
Massachusetts
$27.9M +$883K +13,111 +4%
Cerity Partners
94
Cerity Partners
New York
$27.9M +$7.54K +112 +0%
CGH
95
Crossmark Global Holdings
Texas
$27.7M -$1.1M -16,367 -4%
TNB
96
Thomasville National Bank
Georgia
$27.5M +$1.72M +25,527 +7%
HighTower Advisors
97
HighTower Advisors
Illinois
$26.8M -$4.43M -65,727 -15%
US Bancorp
98
US Bancorp
Minnesota
$26.3M -$536K -7,957 -2%
Wealth Enhancement Advisory Services
99
Wealth Enhancement Advisory Services
Minnesota
$26.2M -$4.39M -65,139 -15%
EHC
100
Everett Harris & Co
California
$25.9M +$3M +44,578 +14%

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.