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1,450 hedge funds and large institutions have $26.6B invested in Shell in 2025 Q4 according to their latest regulatory filings, with 157 funds opening new positions, 527 increasing their positions, 480 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more funds holding

Funds holding:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

2% more capital invested

Capital invested by funds: $25.9B → $26.6B (+$630M)

0.19% more ownership

Funds ownership: 12.4%12.59% (+0.19%)

0% more funds holding in top 10

Funds holding in top 10: 1616 (0)

Holders
1,450
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
16
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$910M
Puts
$463M
Net Calls
Net Calls Change

Top Buyers

1 +$263M
2 +$167M
3 +$127M
4
Jennison Associates
Jennison Associates
New York
+$66.7M
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$48M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
126
Becker Capital Management
Oregon
$14.9M
SCM
127
SCS Capital Management
Massachusetts
$14.9M
M&T Bank
128
M&T Bank
New York
$14.8M
AIA
129
Allied Investment Advisors
Montana
$14.4M
ECM
130
Evergreen Capital Management
Washington
$14.3M
VHAM
131
Van Hulzen Asset Management
California
$13.5M
National Bank of Canada
132
National Bank of Canada
Quebec, Canada
$13.3M
CAPTRUST Financial Advisors
133
CAPTRUST Financial Advisors
North Carolina
$13.3M
Mercer Global Advisors
134
Mercer Global Advisors
Colorado
$13.2M
QCM
135
QRG Capital Management
Illinois
$13M
HCM
136
Huber Capital Management
California
$12.9M
Janney Montgomery Scott
137
Janney Montgomery Scott
Pennsylvania
$12.8M
FNBT
138
FineMark National Bank & Trust
Florida
$12.6M
SA
139
Sanctuary Advisors
Indiana
$12.4M
DE
140
DV Equities
Illinois
$12.4M
1832 Asset Management
141
1832 Asset Management
Ontario, Canada
$12.3M
ACG
142
Aventail Capital Group
New York
$12.2M
Osaic Holdings
143
Osaic Holdings
Arizona
$12.2M
ERP
144
Eldred Rock Partners
Texas
$12.1M
FGI
145
Foresight Global Investors
New York
$12M
TAM
146
Tocqueville Asset Management
New York
$11.9M
DADC
147
D.A. Davidson & Co
Montana
$11.7M
FNBOO
148
First National Bank of Omaha
Nebraska
$11.7M
MNA
149
Manning & Napier Advisors
New York
$11.7M
OAM
150
Oppenheimer Asset Management
New York
$11.6M