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 ($991.2m this quarter). Holder counts are more reliable. Shares outstanding: 2.0bn as of 2026-02-06, 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 ≈ $152.44. Options: 68 managers hold calls ($3.4bn notional), 60 hold puts ($3.0bn).
Trends to Q4 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 |
| Q2 2025 | 3,707 |
| Q3 2025 | 3,799 |
| Q4 2025 | 3,982 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 1,726 | 1,814 |
| Q3 2025 | 2,213 | 1,286 |
| Q4 2025 | 1,639 | 1,822 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $5.0bn | $3.7bn | 0.73 |
| Q2 2025 | $3.7bn | $3.9bn | 1.04 |
| Q3 2025 | $4.9bn | $3.6bn | 0.73 |
| Q4 2025 | $3.4bn | $3.0bn | 0.86 |
Biggest buyers
| Berkshire Hathaway Inc | Added | +8.1m |
| HSBC HOLDINGS PLC | Added | +3.8m |
| Corient Private Wealth LP | Added | +2.8m |
| BlackRock, Inc. | Added | +2.2m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.8m |
| ROYAL BANK OF CANADA | Added | +1.3m |
| SG Americas Securities, LLC | Added | +1.2m |
| JANUS HENDERSON GROUP PLC | Added | +990.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +961.3k |
| CITADEL ADVISORS LLC | Added | +937.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -23.3m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -4.0m |
| Bank of New York Mellon Corp | Reduced | -3.1m |
| NORTHERN TRUST CORP | Reduced | -1.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.8m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.8m |
| Assenagon Asset Management S.A. | Reduced | -1.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.6m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -1.5m |
| WELLS FARGO & COMPANY/MN | Reduced | -1.4m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $627.7m4.1m shares |
| CITADEL ADVISORS LLC | Reduced | $310.8m2.0m shares |
| JANE STREET GROUP, LLC | Reduced | $289.3m1.9m shares |
| D. E. Shaw & Co., Inc. | Reduced | $179.5m1.2m shares |
| ROYAL BANK OF CANADA | Reduced | $171.4m1.1m shares |
| Long Focus Capital Management, LLC | Added | $169.9m1.1m shares |
| IMC-Chicago, LLC | Added | $151.3m993.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $140.6m9.2k shares |
| UBS Group AG | Reduced | $108.9m714.5k shares |
| BARCLAYS PLC | Reduced | $103.1m676.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $463.6m3.0m shares |
| CITADEL ADVISORS LLC | Reduced | $229.4m1.5m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $194.2m1.3m shares |
| CITIGROUP INC | Added | $193.1m1.3m shares |
| IMC-Chicago, LLC | Added | $139.8m917.5k shares |
| Optiver Holding B.V. | Added | $134.8m884.3k shares |
| UBS Group AG | Added | $134.0m878.9k shares |
| Balyasny Asset Management L.P. | Added | $133.9m878.4k shares |
| D. E. Shaw & Co., Inc. | Added | $129.7m850.9k shares |
| JANE STREET GROUP, LLC | Reduced | $120.8m792.3k 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $60.0m | $636.5k |
| Q4 2025 | 0 | — | 2 | $84.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-21 | HESS JOHN B Director · By Trust | Sold | $41.3m275.0k shares |
| 2025-11-21 | GUSTAVSON JEFF B Vice President | Sold | $1.4m9.3k shares |
| 2025-11-20 | HESS JOHN B Director · By Trust | Sold | $41.5m275.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.40% of their portfolio | 183.0m $27.9bn | Reduced -828.5k |
| STATE STREET CORP 0.78% of their portfolio | 152.3m $23.2bn | Reduced -324.7k |
| BlackRock, Inc. 0.37% of their portfolio | 141.3m $21.5bn | Added +2.2m |
| Berkshire Hathaway Inc 7.24% of their portfolio | 130.2m $19.8bn | Added +8.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.41% of their portfolio | 43.6m $6.6bn | Added +134.9k |
| MORGAN STANLEY 0.33% of their portfolio | 36.3m $5.5bn | Reduced -301.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.85% of their portfolio | 36.0m $5.5bn | Added +961.3k |
| BANK OF AMERICA CORP /DE/ 0.29% of their portfolio | 26.3m $4.0bn | Reduced -1.8m |
| NORGES BANK 0.40% of their portfolio | 24.5m $3.7bn | Not comparable |
| Fisher Asset Management, LLC 1.12% of their portfolio | 21.5m $3.3bn | Added +319.9k |
| NORTHERN TRUST CORP 0.40% of their portfolio | 20.8m $3.2bn | Reduced -1.9m |
| JPMORGAN CHASE & CO 0.19% of their portfolio | 19.0m $2.9bn | Reduced -23.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.31% of their portfolio | 18.9m $2.9bn | Reduced -434.9k |
| AMERIPRISE FINANCIAL INC 0.62% of their portfolio | 18.0m $2.7bn | Added +163.9k |
| WELLS FARGO & COMPANY/MN 0.52% of their portfolio | 17.3m $2.6bn | Reduced -1.4m |
| Invesco Ltd. 0.25% of their portfolio | 17.1m $2.6bn | Added +254.3k |
| FRANKLIN RESOURCES INC 0.64% of their portfolio | 17.0m $2.6bn | Reduced -983.6k |
| Bank of New York Mellon Corp 0.44% of their portfolio | 16.5m $2.5bn | Reduced -3.1m |
| DIMENSIONAL FUND ADVISORS LP 0.47% of their portfolio | 14.7m $2.2bn | Reduced -412.8k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.60% of their portfolio | 13.3m $2.0bn | Unchanged |
| ROYAL BANK OF CANADA 0.34% of their portfolio | 12.5m $1.9bn | Added +1.3m |
| Amundi 0.49% of their portfolio | 11.8m $1.8bn | Added +75.6k |
| UBS Group AG 0.35% of their portfolio | 11.6m $1.8bn | Added +463.2k |
| Capital World Investors 0.24% of their portfolio | 11.5m $1.8bn | Reduced -218.1k |
| GOLDMAN SACHS GROUP INC 0.23% of their portfolio | 10.7m $1.6bn | Added +915.9k |
| Legal & General Group Plc 0.35% of their portfolio | 10.2m $1.6bn | Reduced -679.0k |
| FMR LLC 0.08% of their portfolio | 10.1m $1.5bn | Reduced -148.0k |
| Nuveen, LLC 0.38% of their portfolio | 9.4m $1.4bn | Reduced -96.4k |
| HSBC HOLDINGS PLC 0.33% of their portfolio | 7.6m $1.2bn | Added +3.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.37% of their portfolio | 7.6m $1.2bn | Reduced -1.6m |
| RAYMOND JAMES FINANCIAL INC 0.33% of their portfolio | 6.9m $1.0bn | Reduced -215.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.22% of their portfolio | 6.8m $1.0bn | Reduced -1.8m |
| Fayez Sarofim & Co 2.31% of their portfolio | 6.3m $962.0m | Reduced -736.9k |
| Corient Private Wealth LP 0.49% of their portfolio | 5.0m $732.5m | Added +2.8m |
| JANUS HENDERSON GROUP PLC 0.33% of their portfolio | 4.9m $743.3m | Added +990.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.41% of their portfolio | 4.6m $705.1m | Reduced -263.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio | 4.6m $703.8m | Reduced -274.1k |
| National Pension Service 0.49% of their portfolio | 4.4m $664.5m | Added +419.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.46% of their portfolio | 4.4m $679.7m | Added +139.8k |
| DEUTSCHE BANK AG\ 0.21% of their portfolio | 4.2m $637.9m | Added +179.4k |
| LPL Financial LLC 0.17% of their portfolio | 4.1m $630.1m | Added +35.1k |
| FIRST TRUST ADVISORS LP 0.45% of their portfolio | 4.1m $626.0m | Reduced -52.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.05% of their portfolio | 4.0m $615.6m | Added +251.9k |
| PNC Financial Services Group, Inc. 0.33% of their portfolio | 3.9m $595.3m | Reduced -114.7k |
| ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio | 3.6m $549.6m | Added +268.0k |
| NEUBERGER BERMAN GROUP LLC 0.41% of their portfolio | 3.6m $545.6m | Reduced -479.7k |
| California Public Employees Retirement System 0.30% of their portfolio | 3.4m $518.9m | Reduced -182.9k |
| RHUMBLINE ADVISERS 0.40% of their portfolio | 3.2m $489.2m | Reduced -134.3k |
| STIFEL FINANCIAL CORP 0.43% of their portfolio | 3.2m $482.2m | Reduced -66.1k |
| FEDERATED HERMES, INC. 0.78% of their portfolio | 3.1m $469.2m | Reduced -145.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.31% of their portfolio | 3.0m $463.0m | Added +105.8k |
| BARCLAYS PLC 0.18% of their portfolio | 3.0m $456.9m | Reduced -1.2m |
| HighTower Advisors, LLC 0.50% of their portfolio | 3.0m $455.4m | Added +605.4k |
| BESSEMER GROUP INC 0.70% of their portfolio | 3.0m $455.4m | Reduced -708.4k |
| Capital Research Global Investors 0.08% of their portfolio | 2.9m $446.4m | Reduced -657.5k |
| Pacer Advisors, Inc. 1.16% of their portfolio | 2.9m $444.1m | Reduced -62.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.23% of their portfolio | 2.9m $441.5m | Reduced -18.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.27% of their portfolio | 2.8m $432.1m | Reduced -641.1k |
| BANK OF MONTREAL /CAN/ 0.17% of their portfolio | 2.8m $420.1m | Added +214.0k |
| Capital Wealth Planning, LLC 2.73% of their portfolio | 2.7m $422.4m | Added +169.8k |
| ACR Alpine Capital Research, LLC 6.44% of their portfolio | 2.7m $413.1m | Added +238.6k |
| Capital International Investors 0.06% of their portfolio | 2.7m $409.0m | Added +133.7k |
| CITADEL ADVISORS LLC 0.25% of their portfolio | 2.4m $371.4m | Added +937.5k |
| Clearbridge Investments, LLC 0.29% of their portfolio | 2.4m $367.7m | Reduced -88.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.27% of their portfolio | 2.3m $354.4m | Reduced -4.0m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.35% of their portfolio | 2.3m $350.8m | Reduced -56.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 2.3m $348.1m | Added +63.6k |
| AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio | 2.3m $345.9m | Reduced -316.5k |
| Assenagon Asset Management S.A. 0.51% of their portfolio | 2.2m $337.2m | Reduced -1.6m |
| Bahl & Gaynor LLC 1.70% of their portfolio | 2.2m $335.4m | Reduced -62.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.52% of their portfolio | 2.2m $334.0m | Added +1.8m |
| MILLENNIUM MANAGEMENT LLC 0.24% of their portfolio | 2.2m $327.9m | Added +127.7k |
| US BANCORP \DE\ 0.38% of their portfolio | 2.1m $325.2m | Reduced -32.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.18% of their portfolio | 2.1m $313.9m | Added +256.3k |
| CITIGROUP INC 0.21% of their portfolio | 2.0m $309.0m | Reduced -561.0k |
| LONDON CO OF VIRGINIA 1.76% of their portfolio | 2.0m $304.9m | Reduced -79.3k |
| Ensign Peak Advisors, Inc 0.52% of their portfolio | 1.9m $295.3m | Reduced -173.0k |
| DekaBank Deutsche Girozentrale 0.60% of their portfolio | 1.9m $348.3m | Unchanged |
| AVIVA PLC 0.49% of their portfolio | 1.9m $288.5m | Added +100.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.28% of their portfolio | 1.9m $284.7m | Reduced -79.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.36% of their portfolio | 1.8m $273.1m | Reduced -102.6k |
| NATIONAL BANK OF CANADA /FI/ 0.28% of their portfolio | 1.8m $271.5m | Added +333.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.41% of their portfolio | 1.8m $271.3m | Reduced -1.5m |
| PRUDENTIAL FINANCIAL INC 0.32% of their portfolio | 1.7m $264.6m | Reduced -280.4k |
| Focus Partners Wealth 0.30% of their portfolio | 1.7m $262.5m | Added +277.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.46% of their portfolio | 1.7m $260.4m | Reduced -54.6k |
| Mariner, LLC 0.29% of their portfolio | 1.6m $247.3m | Added +16.4k |
| Baird Financial Group, Inc. 0.37% of their portfolio | 1.6m $239.7m | Reduced -18.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.46% of their portfolio | 1.6m $236.4m | Reduced -69.1k |
| ProShare Advisors LLC 0.41% of their portfolio | 1.5m $233.4m | Reduced -18.3k |
| Rathbones Group PLC 0.45% of their portfolio | 1.5m $227.7m | Added +753.5k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.81% of their portfolio | 1.5m $224.8m | Added +72.1k |
| Rockefeller Capital Management L.P. 0.40% of their portfolio | 1.5m $221.9m | Added +167.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.18% of their portfolio | 1.5m $221.7m | Reduced -56.5k |
| NATIXIS ADVISORS, LLC 0.31% of their portfolio | 1.5m $221.6m | Added +8.5k |
| GQG Partners LLC 0.35% of their portfolio | 1.4m $214.0m | Reduced -86.4k |
| JANE STREET GROUP, LLC 0.25% of their portfolio | 1.4m $211.0m | Reduced -48.4k |
| CAPTRUST FINANCIAL ADVISORS 0.40% of their portfolio | 1.4m $209.0m | Added +47.9k |
| TRUIST FINANCIAL CORP 0.28% of their portfolio | 1.4m $208.6m | Reduced -34.6k |
| SG Americas Securities, LLC 0.27% of their portfolio | 1.4m $207.3m | Added +1.2m |