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 ($654.7m this quarter). Holder counts are more reliable. Shares outstanding: 1.7bn as of 2025-03-31, 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 ≈ $167.09. Options: 80 managers hold calls ($5.0bn notional), 71 hold puts ($3.7bn).
Trends to Q1 2025
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 |
| Q1 2024 | 3,521 |
| Q2 2024 | 3,509 |
| Q3 2024 | 3,486 |
| Q4 2024 | 3,763 |
| Q1 2025 | 3,825 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 1,597 | 1,396 |
| Q3 2023 | 1,794 | 1,232 |
| Q4 2023 | 1,602 | 1,498 |
| Q1 2024 | 1,846 | 1,427 |
| Q2 2024 | 1,702 | 1,512 |
| Q3 2024 | 1,579 | 1,647 |
| Q4 2024 | 1,623 | 1,598 |
| Q1 2025 | 1,906 | 1,659 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $3.4bn | $3.2bn | 0.93 |
| Q3 2024 | $3.1bn | $3.3bn | 1.05 |
| Q4 2024 | $4.0bn | $3.4bn | 0.84 |
| Q1 2025 | $5.0bn | $3.7bn | 0.73 |
Biggest buyers
| GQG Partners LLC | New | +8.8m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +2.0m |
| JPMORGAN CHASE & CO | Added | +1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +1.6m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +1.2m |
| CITIGROUP INC | Added | +1.2m |
| BlackRock, Inc. | Added | +1.1m |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.1m |
| BANK OF AMERICA CORP /DE/ | Added | +1.0m |
Biggest sellers
| STATE STREET CORP | Reduced | -5.3m |
| Capital International Investors | Reduced | -5.0m |
| Swiss National Bank | Sold out | -4.9m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.4m |
| NORGES BANK | Reduced | -1.4m |
| HRT FINANCIAL LP | Reduced | -1.3m |
| Focus Partners Wealth | Reduced | -1.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -878.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $915.5m5.5m shares |
| CITADEL ADVISORS LLC | Added | $595.8m3.6m shares |
| BANK OF AMERICA CORP /DE/ | Added | $441.2m2.6m shares |
| PEAK6 LLC | Added | $345.7m2.1m shares |
| JANE STREET GROUP, LLC | Reduced | $339.6m2.0m shares |
| Twin Tree Management, LP | Added | $163.0m974.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $154.1m921.4k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $137.8m8.2k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $133.8m8.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $133.7m799.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $587.8m3.5m shares |
| CITADEL ADVISORS LLC | Reduced | $321.0m1.9m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $309.9m1.9m shares |
| Balyasny Asset Management L.P. | Added | $246.9m1.5m shares |
| JANE STREET GROUP, LLC | Added | $199.2m1.2m shares |
| Pentwater Capital Management LP | Added | $184.0m1.1m shares |
| BANK OF AMERICA CORP /DE/ | Added | $164.3m982.4k shares |
| UBS Group AG | Added | $159.8m955.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $146.9m8.8k shares |
| CITIGROUP INC | Reduced | $113.3m677.5k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 2 | $4.7m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 3 | $3.2m | $910.3k |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $26.4m | $26.4m |
| Q1 2025 | 0 | — | 1 | $1.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-02-07 | GUSTAVSON JEFF B Vice President | Sold | $1.4m9.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.47% of their portfolio | 156.4m $26.2bn | Reduced -582.0k |
| STATE STREET CORP 1.00% of their portfolio | 144.4m $24.2bn | Reduced -5.3m |
| BlackRock, Inc. 0.43% of their portfolio | 122.8m $20.5bn | Added +1.1m |
| Berkshire Hathaway Inc 7.64% of their portfolio | 118.6m $19.8bn | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.49% of their portfolio | 37.4m $6.2bn | Added +1.1m |
| MORGAN STANLEY 0.41% of their portfolio | 34.1m $5.7bn | Reduced -384.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.05% of their portfolio | 33.4m $5.6bn | Added +1.6m |
| BANK OF AMERICA CORP /DE/ 0.39% of their portfolio | 26.4m $4.4bn | Added +1.0m |
| JPMORGAN CHASE & CO 0.29% of their portfolio | 23.0m $3.8bn | Added +1.6m |
| NORTHERN TRUST CORP 0.51% of their portfolio | 20.5m $3.4bn | Added +23.1k |
| Fisher Asset Management, LLC 1.48% of their portfolio | 20.4m $3.4bn | Added +555.0k |
| NORGES BANK 0.46% of their portfolio | 19.4m $3.2bn | Reduced -1.4m |
| WELLS FARGO & COMPANY/MN 0.73% of their portfolio | 18.0m $3.0bn | Added +28.6k |
| FRANKLIN RESOURCES INC 0.84% of their portfolio | 17.4m $2.9bn | Added +114.2k |
| Bank of New York Mellon Corp 0.54% of their portfolio | 16.2m $2.7bn | Reduced -310.8k |
| AMERIPRISE FINANCIAL INC 0.72% of their portfolio | 16.0m $2.7bn | Reduced -744.5k |
| Invesco Ltd. 0.50% of their portfolio | 15.9m $2.7bn | Added +827.9k |
| Capital World Investors 0.40% of their portfolio | 14.9m $2.5bn | Added +782.9k |
| UBS Group AG 0.53% of their portfolio | 14.2m $2.4bn | Reduced -322.6k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.05% of their portfolio | 13.3m $2.2bn | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.25% of their portfolio | 12.3m $2.1bn | Reduced -1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.51% of their portfolio | 12.3m $2.1bn | Added +40.8k |
| ROYAL BANK OF CANADA 0.39% of their portfolio | 10.4m $1.7bn | Added +475.4k |
| GQG Partners LLC 2.34% of their portfolio | 8.8m $1.5bn | New |
| Legal & General Group Plc 0.40% of their portfolio | 8.8m $1.5bn | Reduced -10.8k |
| Amundi 0.49% of their portfolio | 8.6m $1.3bn | Reduced -247.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.36% of their portfolio | 8.5m $1.4bn | Added +573.1k |
| GOLDMAN SACHS GROUP INC 0.26% of their portfolio | 8.3m $1.4bn | Reduced -422.5k |
| Nuveen, LLC 0.41% of their portfolio | 8.1m $1.4bn | First filing |
| RAYMOND JAMES FINANCIAL INC 0.48% of their portfolio | 7.6m $1.3bn | Added +409.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.40% of their portfolio | 7.2m $1.2bn | Reduced -380.7k |
| Fayez Sarofim & Co 2.52% of their portfolio | 6.0m $1.0bn | Reduced -240.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.26% of their portfolio | 4.8m $798.2m | Added +104.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.49% of their portfolio | 4.2m $698.4m | Reduced -55.7k |
| BARCLAYS PLC 0.31% of their portfolio | 4.1m $685.5m | Added +850.9k |
| FMR LLC 0.04% of their portfolio | 4.1m $679.1m | Added +192.7k |
| JANUS HENDERSON GROUP PLC 0.37% of their portfolio | 4.0m $668.7m | Added +128.9k |
| NEUBERGER BERMAN GROUP LLC 0.56% of their portfolio | 4.0m $671.5m | Added +441.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 4.0m $662.0m | Added +1.2m |
| Capital Research Global Investors 0.14% of their portfolio | 3.9m $660.1m | Reduced -129.9k |
| PNC Financial Services Group, Inc. 0.34% of their portfolio | 3.9m $644.5m | Reduced -11.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.48% of their portfolio | 3.8m $633.6m | First filing |
| CITIGROUP INC 0.48% of their portfolio | 3.8m $627.6m | Added +1.2m |
| DEUTSCHE BANK AG\ 0.24% of their portfolio | 3.6m $598.5m | Reduced -649.0k |
| LPL Financial LLC 0.23% of their portfolio | 3.6m $594.4m | Added +215.3k |
| FIRST TRUST ADVISORS LP 0.52% of their portfolio | 3.5m $588.5m | Added +345.9k |
| HSBC HOLDINGS PLC 0.39% of their portfolio | 3.5m $579.9m | Reduced -551.8k |
| Pacer Advisors, Inc. 1.37% of their portfolio | 3.4m $576.5m | Reduced -415.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.51% of their portfolio | 3.3m $558.7m | Added +305.7k |
| National Pension Service 0.54% of their portfolio | 3.3m $556.8m | Added +41.2k |
| FEDERATED HERMES, INC. 1.13% of their portfolio | 3.1m $524.9m | Added +238.7k |
| BESSEMER GROUP INC 0.92% of their portfolio | 3.1m $512.3m | Added +84.8k |
| RHUMBLINE ADVISERS 0.47% of their portfolio | 3.0m $499.2m | Reduced -77.6k |
| STIFEL FINANCIAL CORP 0.53% of their portfolio | 3.0m $494.7m | Added +61.2k |
| California Public Employees Retirement System 0.33% of their portfolio | 2.8m $467.0m | Reduced -112.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 2.7m $456.0m | Reduced -878.5k |
| Capital International Investors 0.09% of their portfolio | 2.6m $436.8m | Reduced -5.0m |
| PRINCIPAL FINANCIAL GROUP INC 0.24% of their portfolio | 2.6m $429.9m | Reduced -305.2k |
| BANK OF MONTREAL /CAN/ 0.22% of their portfolio | 2.5m $417.9m | Reduced -344.2k |
| Corient Private Wealth LP 0.68% of their portfolio | 2.5m $416.1m | Reduced -38.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.48% of their portfolio | 2.5m $411.3m | Added +2.0m |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 2.4m $406.9m | Reduced -280.8k |
| HighTower Advisors, LLC 0.53% of their portfolio | 2.3m $387.1m | Added +53.2k |
| Bahl & Gaynor LLC 1.94% of their portfolio | 2.3m $380.0m | Reduced -31.5k |
| Capital Wealth Planning, LLC 3.28% of their portfolio | 2.3m $378.3m | Added +71.2k |
| US BANCORP \DE\ 0.50% of their portfolio | 2.2m $371.8m | Added +12.6k |
| ACR Alpine Capital Research, LLC 7.68% of their portfolio | 2.2m $367.0m | Added +34.2k |
| DekaBank Deutsche Girozentrale 0.69% of their portfolio | 2.1m $353.2m | Added +229.3k |
| AMERICAN CENTURY COMPANIES INC 0.22% of their portfolio | 2.1m $351.1m | Added +193.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.75% of their portfolio | 2.0m $339.6m | Reduced -652.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.42% of their portfolio | 2.0m $338.9m | Reduced -35.9k |
| Ensign Peak Advisors, Inc 0.62% of their portfolio | 1.9m $324.7m | Reduced -66.1k |
| PRUDENTIAL FINANCIAL INC 0.46% of their portfolio | 1.9m $321.7m | Added +698.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.31% of their portfolio | 1.9m $316.5m | Added +1.1m |
| VICTORY CAPITAL MANAGEMENT INC 0.32% of their portfolio | 1.9m $311.1m | Added +359.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.45% of their portfolio | 1.8m $308.0m | Reduced -406.6k |
| MACQUARIE GROUP LTD 0.36% of their portfolio | 1.7m $288.1m | Reduced -243.1k |
| CIBC Private Wealth Group LLC 0.49% of their portfolio | 1.7m $233.5m | Reduced -26.4k |
| Baird Financial Group, Inc. 0.55% of their portfolio | 1.7m $283.9m | Reduced -8.4k |
| Mariner, LLC 0.47% of their portfolio | 1.7m $281.4m | Reduced -5.1k |
| LONDON CO OF VIRGINIA 1.57% of their portfolio | 1.7m $276.2m | Reduced -29.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.54% of their portfolio | 1.6m $273.0m | Reduced -13.9k |
| TRUIST FINANCIAL CORP 0.42% of their portfolio | 1.6m $264.9m | Reduced -62.4k |
| ProShare Advisors LLC 0.57% of their portfolio | 1.5m $254.2m | Reduced -179.8k |
| Cullen Capital Management, LLC 2.76% of their portfolio | 1.4m $238.6m | Reduced -55.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.55% of their portfolio | 1.4m $236.7m | Reduced -64.5k |
| Clearbridge Investments, LLC 0.21% of their portfolio | 1.4m $236.4m | Reduced -234.1k |
| Focus Partners Wealth 0.58% of their portfolio | 1.4m $229.4m | Reduced -1.2m |
| COMMONWEALTH EQUITY SERVICES, LLC 0.31% of their portfolio | 1.3m $222.5m | Added +15.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.20% of their portfolio | 1.3m $215.1m | Reduced -28.9k |
| Korea Investment CORP 0.51% of their portfolio | 1.3m $210.5m | Added +23.6k |
| Cerity Partners LLC 0.43% of their portfolio | 1.2m $208.3m | Added +39.5k |
| CAPTRUST FINANCIAL ADVISORS 0.52% of their portfolio | 1.2m $206.8m | Added +77.5k |
| Janney Montgomery Scott LLC 0.57% of their portfolio | 1.2m $202.5m | Added +7.7k |
| Rockefeller Capital Management L.P. 0.49% of their portfolio | 1.2m $199.8m | Added +146.2k |
| AVIVA PLC 0.48% of their portfolio | 1.2m $199.1m | Added +143.9k |
| JENNISON ASSOCIATES LLC 0.14% of their portfolio | 1.2m $199.0m | Added +690.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.91% of their portfolio | 1.2m $197.1m | Reduced -26.7k |
| NATIXIS ADVISORS, LLC 0.36% of their portfolio | 1.2m $196.1m | Added +158.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.30% of their portfolio | 1.2m $195.5m | Added +983.9k |