CHEVRON CORP NEW CVX
COM · Common Stock · CUSIP 166764100 · ISIN US1667641005
American multinational energy corporation
- SectorEnergy
- IndustryPetroleum Refining
- HeadquartersHouston, TX
- Websitechevron.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($833.4m this quarter). Holder counts are more reliable. Shares outstanding: 1.9bn as of 2024-02-09, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $149.12. Options: 82 managers hold calls ($4.2bn notional), 78 hold puts ($4.6bn).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3,058 |
| Q4 2022 | 3,287 |
| Q1 2023 | 3,272 |
| Q2 2023 | 3,285 |
| Q3 2023 | 3,338 |
| Q4 2023 | 3,476 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,445 | 1,418 |
| Q1 2023 | 1,600 | 1,413 |
| Q2 2023 | 1,597 | 1,396 |
| Q3 2023 | 1,794 | 1,232 |
| Q4 2023 | 1,602 | 1,498 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $3.5bn | $3.3bn | 0.94 |
| Q2 2023 | $3.7bn | $3.2bn | 0.87 |
| Q3 2023 | $4.3bn | $3.8bn | 0.88 |
| Q4 2023 | $4.2bn | $4.6bn | 1.09 |
Biggest buyers
| MORGAN STANLEY | Added | +34.7m |
| JPMORGAN CHASE & CO | Added | +29.4m |
| Berkshire Hathaway Inc | Added | +15.8m |
| Capital World Investors | Added | +4.7m |
| BlackRock Inc. | Added | +4.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +4.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +2.0m |
| BARCLAYS PLC | Added | +2.0m |
| NORGES BANK | Added | +1.9m |
| Invesco Ltd. | Added | +1.8m |
Biggest sellers
| Capital International Investors | Reduced | -4.7m |
| FMR LLC | Reduced | -3.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -3.0m |
| Amundi | Reduced | -2.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.4m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -2.2m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.6m |
| Capital Research Global Investors | Reduced | -1.4m |
| Qube Research & Technologies Ltd | Reduced | -1.2m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $661.4m4.4m shares |
| CITADEL ADVISORS LLC | Reduced | $479.5m3.2m shares |
| JANE STREET GROUP, LLC | Added | $274.8m1.8m shares |
| BlackRock Inc. | New | $259.5m1.7m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $230.4m1.5m shares |
| Pentwater Capital Management LP | New | $213.3m1.4m shares |
| D. E. Shaw & Co., Inc. | Reduced | $163.7m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $158.5m1.4m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $124.5m834.5k shares |
| WELLS FARGO & COMPANY/MN | Added | $105.3m706.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $761.7m5.1m shares |
| CITADEL ADVISORS LLC | Added | $514.7m3.5m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $450.5m3.0m shares |
| SIMPLEX TRADING, LLC | Added | $255.9m1.7m shares |
| JANE STREET GROUP, LLC | Added | $210.5m1.4m shares |
| D. E. Shaw & Co., Inc. | Added | $200.7m1.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $164.5m1.1m shares |
| CITIGROUP INC | Added | $147.2m987.0k shares |
| UBS Group AG | Added | $131.7m883.2k shares |
| NOMURA HOLDINGS INC | Added | $129.9m871.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 7.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.1% |
Fell to 5% or below in the last year: BERKSHIRE HATHAWAY INC (4.2%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 9 | $123.4m | — |
| Q2 2022 | 0 | — | 10 | $192.9m | — |
| Q3 2022 | 0 | — | 3 | $23.0m | — |
| Q4 2022 | 0 | — | 5 | $70.3m | — |
| Q1 2023 | 0 | — | 1 | $3.3m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 2 | $4.7m | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.53% of their portfolio | 161.5m $24.1bn | Reduced -402.2k |
| BlackRock Inc. 0.50% of their portfolio | 129.7m $19.3bn | Added +4.7m |
| Berkshire Hathaway Inc 5.34% of their portfolio | 126.1m $18.8bn | Added +15.8m |
| STATE STREET CORP 0.90% of their portfolio | 124.5m $18.6bn | Added +468.4k |
| MORGAN STANLEY 0.45% of their portfolio | 68.8m $10.3bn | Added +34.7m |
| JPMORGAN CHASE & CO 0.39% of their portfolio | 51.4m $7.7bn | Added +29.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.54% of their portfolio | 34.6m $5.1bn | Added +761.5k |
| BANK OF AMERICA CORP /DE/ 0.47% of their portfolio | 27.6m $4.1bn | Reduced -1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.99% of their portfolio | 26.2m $3.9bn | Added +2.0m |
| NORTHERN TRUST CORP 0.59% of their portfolio | 21.9m $3.3bn | Reduced -846.0k |
| NORGES BANK 0.51% of their portfolio | 19.5m $2.9bn | Added +1.9m |
| WELLS FARGO & COMPANY/MN 0.77% of their portfolio | 18.2m $2.7bn | Added +393.4k |
| AMERIPRISE FINANCIAL INC 0.72% of their portfolio | 16.1m $2.4bn | Added +1.3m |
| FRANKLIN RESOURCES INC 1.09% of their portfolio | 15.6m $2.3bn | Added +1.8m |
| Capital World Investors 0.41% of their portfolio | 15.5m $2.3bn | Added +4.7m |
| Bank of New York Mellon Corp 0.47% of their portfolio | 15.4m $2.3bn | Reduced -770.5k |
| Invesco Ltd. 0.54% of their portfolio | 15.3m $2.3bn | Added +1.8m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.91% of their portfolio | 13.3m $2.0bn | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.58% of their portfolio | 13.3m $2.0bn | Reduced -719.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.26% of their portfolio | 12.9m $1.9bn | Reduced -2.4m |
| Capital International Investors 0.42% of their portfolio | 12.7m $1.9bn | Reduced -4.7m |
| Amundi 0.77% of their portfolio | 11.7m $1.7bn | Reduced -2.8m |
| Capital Research Global Investors 0.40% of their portfolio | 10.9m $1.6bn | Reduced -1.4m |
| ROYAL BANK OF CANADA 0.40% of their portfolio | 10.8m $1.6bn | Added +264.9k |
| Legal & General Group Plc 0.50% of their portfolio | 10.8m $1.6bn | Reduced -262.3k |
| Nuveen Asset Management, LLC 0.46% of their portfolio | 9.6m $1.4bn | Reduced -469.5k |
| Fisher Asset Management, LLC 0.68% of their portfolio | 8.6m $1.3bn | Added +593.6k |
| UBS Group AG 0.45% of their portfolio | 7.5m $1.1bn | Reduced -726.1k |
| GOLDMAN SACHS GROUP INC 0.24% of their portfolio | 7.3m $1.1bn | Reduced -525.6k |
| DEUTSCHE BANK AG\ 0.47% of their portfolio | 6.2m $926.0m | Reduced -369.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.36% of their portfolio | 6.1m $907.5m | Reduced -144.2k |
| BARCLAYS PLC 0.46% of their portfolio | 5.9m $884.9m | Added +2.0m |
| FMR LLC 0.07% of their portfolio | 5.8m $865.6m | Reduced -3.3m |
| Swiss National Bank 0.62% of their portfolio | 5.7m $846.2m | Reduced -162.3k |
| LAZARD ASSET MANAGEMENT LLC 1.05% of their portfolio | 5.6m $832.6m | Added +399.9k |
| ALLIANCEBERNSTEIN L.P. 0.30% of their portfolio | 5.2m $775.2m | Added +340.8k |
| Fayez Sarofim & Co 2.39% of their portfolio | 5.2m $783.3m | Reduced -328.6k |
| FIRST TRUST ADVISORS LP 0.79% of their portfolio | 4.9m $725.3m | Added +92.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.53% of their portfolio | 4.8m $715.9m | Reduced -47.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.28% of their portfolio | 4.6m $688.2m | Reduced -376 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.22% of their portfolio | 4.6m $686.6m | Added +4.6m |
| HSBC HOLDINGS PLC 0.58% of their portfolio | 4.2m $631.3m | Added +128.7k |
| BESSEMER GROUP INC 1.19% of their portfolio | 4.1m $608.4m | Reduced -298.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.11% of their portfolio | 4.0m $603.7m | Added +417.2k |
| PNC Financial Services Group, Inc. 0.47% of their portfolio | 4.0m $601.4m | Reduced -127.7k |
| California Public Employees Retirement System 0.45% of their portfolio | 4.0m $599.1m | Reduced -163.3k |
| RAYMOND JAMES & ASSOCIATES 0.41% of their portfolio | 3.7m $548.8m | Added +151.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.33% of their portfolio | 3.4m $512.4m | Reduced -111.2k |
| BANK OF MONTREAL /CAN/ 0.20% of their portfolio | 3.4m $626.5m | Added +35.0k |
| RHUMBLINE ADVISERS 0.52% of their portfolio | 3.3m $497.6m | Reduced -50.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.48% of their portfolio | 3.1m $464.6m | Added +815.9k |
| CITADEL ADVISORS LLC 0.45% of their portfolio | 3.0m $447.1m | Added +1.6m |
| TD Asset Management Inc 0.43% of their portfolio | 2.9m $432.9m | Reduced -332.2k |
| National Pension Service 0.60% of their portfolio | 2.9m $429.3m | Added +60.5k |
| JANUS HENDERSON GROUP PLC 0.25% of their portfolio | 2.8m $424.0m | Added +18.5k |
| Pacer Advisors, Inc. 1.17% of their portfolio | 2.8m $414.7m | Added +548.4k |
| STIFEL FINANCIAL CORP 0.52% of their portfolio | 2.8m $414.6m | Added +131.8k |
| Capital Wealth Planning, LLC 4.72% of their portfolio | 2.8m $412.3m | Added +48.6k |
| Bahl & Gaynor LLC 2.46% of their portfolio | 2.7m $409.8m | Reduced -87.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.55% of their portfolio | 2.7m $397.2m | Reduced -80.5k |
| Corient Private Wealth LP 0.72% of their portfolio | 2.6m $394.0m | Added +261.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.54% of their portfolio | 2.6m $388.4m | Reduced -275.0k |
| CREDIT SUISSE AG/ 0.37% of their portfolio | 2.6m $381.5m | Reduced -262.6k |
| LPL Financial LLC 0.23% of their portfolio | 2.5m $378.9m | Added +223.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.59% of their portfolio | 2.4m $363.0m | Reduced -392.0k |
| CITIGROUP INC 0.48% of their portfolio | 2.4m $360.1m | Added +189.3k |
| Ensign Peak Advisors, Inc 0.69% of their portfolio | 2.3m $349.4m | Reduced -266.7k |
| NEUBERGER BERMAN GROUP LLC 0.30% of their portfolio | 2.3m $349.2m | Reduced -2.2m |
| US BANCORP \DE\ 0.47% of their portfolio | 2.1m $315.4m | Added +4.4k |
| TRUIST FINANCIAL CORP 0.50% of their portfolio | 2.1m $313.7m | Reduced -355.8k |
| LONDON CO OF VIRGINIA 1.74% of their portfolio | 2.1m $308.8m | Reduced -168.0k |
| Clearbridge Investments, LLC 0.26% of their portfolio | 2.1m $307.6m | Added +10.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.55% of their portfolio | 2.0m $310.9m | Added +121.5k |
| DekaBank Deutsche Girozentrale 0.60% of their portfolio | 2.0m $293.3m | Added +626.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.58% of their portfolio | 1.9m $279.9m | Added +86.2k |
| CIBC Private Wealth Group LLC 0.58% of their portfolio | 1.8m $273.5m | Reduced -43.2k |
| AMERICAN CENTURY COMPANIES INC 0.19% of their portfolio | 1.8m $271.5m | Reduced -68.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.60% of their portfolio | 1.8m $270.8m | Reduced -81.4k |
| PRUDENTIAL FINANCIAL INC 0.39% of their portfolio | 1.7m $256.0m | Reduced -615.6k |
| HighTower Advisors, LLC 0.43% of their portfolio | 1.7m $257.1m | Reduced -15.3k |
| Raymond James Financial Services Advisors, Inc. 0.42% of their portfolio | 1.7m $256.8m | Added +100.3k |
| Baird Financial Group, Inc. 0.58% of their portfolio | 1.7m $254.3m | Added +248.4k |
| Korea Investment CORP 0.65% of their portfolio | 1.7m $247.2m | Added +11.6k |
| MACKENZIE FINANCIAL CORP 0.36% of their portfolio | 1.6m $240.4m | Reduced -152.6k |
| Brandywine Global Investment Management, LLC 1.82% of their portfolio | 1.5m $226.3m | Reduced -21.8k |
| Mariner, LLC 0.53% of their portfolio | 1.5m $224.8m | Added +219.6k |
| Cerity Partners LLC 0.50% of their portfolio | 1.5m $150.3m | Added +570.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio | 1.5m $222.0m | Reduced -92.7k |
| ProShare Advisors LLC 0.67% of their portfolio | 1.5m $219.6m | Reduced -131.8k |
| Epoch Investment Partners, Inc. 0.98% of their portfolio | 1.4m $215.7m | Reduced -91.9k |
| EAGLE ASSET MANAGEMENT INC 1.15% of their portfolio | 1.4m $214.7m | Reduced -48.1k |
| FEDERATED HERMES, INC. 0.51% of their portfolio | 1.4m $203.4m | Added +169.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.34% of their portfolio | 1.3m $199.8m | Added +88.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.36% of their portfolio | 1.3m $197.1m | Added +105.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.93% of their portfolio | 1.3m $193.1m | Reduced -4.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.35% of their portfolio | 1.3m $192.3m | Reduced -28.1k |
| NATIXIS ADVISORS, LLC 0.50% of their portfolio | 1.3m $190.6m | Added +47.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.83% of their portfolio | 1.2m $180.2m | Reduced -7.5k |
| Cullen Capital Management, LLC 2.66% of their portfolio | 1.2m $179.1m | Reduced -375.9k |
| Rockefeller Capital Management L.P. 0.59% of their portfolio | 1.2m $176.2m | Added +34.3k |