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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
CAPTRUST Financial Advisors
176
CAPTRUST Financial Advisors
North Carolina
$9.52M +$105K +1,557 +1%
LMIM
177
Lockheed Martin Investment Management
Maryland
$9.45M +$469K +6,960 +6%
VPIM
178
Vanguard Personalized Indexing Management
California
$9.35M +$1.66M +24,714 +24%
Cambridge Investment Research Advisors
179
Cambridge Investment Research Advisors
Iowa
$9.29M -$131K -1,943 -2%
Baird Financial Group
180
Baird Financial Group
Wisconsin
$9.21M +$159K +2,358 +2%
QCM
181
Quantinno Capital Management
New York
$9.13M +$2.94M +43,602 +54%
Jones Financial Companies
182
Jones Financial Companies
Missouri
$9.12M +$2.28M +33,853 +37%
AAS
183
Avantax Advisory Services
Texas
$8.91M -$1.2M -17,833 -13%
Federated Hermes
184
Federated Hermes
Pennsylvania
$8.88M +$2.38M +35,281 +41%
MML Investors Services
185
MML Investors Services
Massachusetts
$8.86M -$1.96M -29,034 -19%
JCM
186
Janney Capital Management
Pennsylvania
$8.78M -$407K -6,048 -5%
SMI
187
Shelter Mutual Insurance
Missouri
$8.34M
SCP
188
Stamos Capital Partners
California
$8.33M -$5.98M -88,790 -44%
CI Investments Inc
189
CI Investments Inc
Ontario, Canada
$8.24M -$1.89M -27,999 -20%
CCM
190
Cutler Capital Management
Massachusetts
$8.14M +$15.5K +230 +0.2%
SSB
191
Sandy Spring Bank
Maryland
$7.88M -$666K -9,891 -8%
NA
192
NewEdge Advisors
Louisiana
$7.69M +$1.41M +20,896 +25%
TWC
193
TD Waterhouse Canada
Ontario, Canada
$7.69M -$3.23M -47,990 -31%
QCG
194
Quadrant Capital Group
Ohio
$7.68M +$4.61M +68,470 +188%
EIA
195
Eastover Investment Advisors
North Carolina
$7.67M -$18.3K -271 -0.3%
AAM
196
Augustine Asset Management
Florida
$7.67M +$35.4K +526 +0.5%
ERP
197
Eldred Rock Partners
Texas
$7.63M +$1.76M +26,174 +33%
PFPT
198
Pinnacle Financial Partners (Tennessee)
Tennessee
$7.59M +$916K +13,590 +15%
Man Group
199
Man Group
United Kingdom
$7.26M +$6.68M +99,134 New
EGA
200
Eagle Global Advisors
Texas
$7.26M -$87.3K -1,296 -1%

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.