Vault-13

SHELL PLC SHEL

SPON ADS · ADR · CUSIP 780259305 · ISIN US7802593050

British multinational oil and gas company

1,206 institutional holders +11 vs Q1 2023
316,904,492316.9m shares reported held*
$18.8bnreported value*
78 new 415 added 423 reduced 75 sold out net sold ≈ $926.7m (-18.7m shares)

* 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 ($49.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $59.35. Options: 31 managers hold calls ($793.2m notional), 28 hold puts ($500.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,101Q4 22: 1,185Q1 23: 1,195Q2 23: 1,2061,206Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20221,101
Q4 20221,185
Q1 20231,195
Q2 20231,206

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 472 bought or addedQ4 22: 485 cut or sold outQ4 22Q1 23: 525 bought or addedQ1 23: 475 cut or sold outQ1 23Q2 23: 493 bought or addedQ2 23: 498 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022472485
Q1 2023525475
Q2 2023493498

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250m$500m$750m$1bnQ3 22 calls: $613.0mQ3 22 puts: $331.7mQ3 22P/C 0.54Q4 22 calls: $830.1mQ4 22 puts: $538.9mQ4 22P/C 0.65Q1 23 calls: $955.1mQ1 23 puts: $516.8mQ1 23P/C 0.54Q2 23 calls: $793.2mQ2 23 puts: $500.5mQ2 23P/C 0.63
Numbers
QuarterCallsPutsP/C
Q3 2022$613.0m$331.7m0.54
Q4 2022$830.1m$538.9m0.65
Q1 2023$955.1m$516.8m0.54
Q2 2023$793.2m$500.5m0.63

Biggest buyers

Pale Fire Capital SE New +5,432,205+5.4m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +3,275,843+3.3m
EAGLE CAPITAL MANAGEMENT LLC Added +3,090,284+3.1m
D. E. Shaw & Co., Inc. New +1,435,323+1.4m
PZENA INVESTMENT MANAGEMENT LLC Added +1,400,724+1.4m
Bank of New York Mellon Corp Added +1,151,679+1.2m
Westwood Global Investments, LLC Added +904,844+904.8k
Nuveen Asset Management, LLC Added +874,608+874.6k
RENAISSANCE TECHNOLOGIES LLC New +680,386+680.4k
Pacer Advisors, Inc. Added +608,496+608.5k

Biggest sellers

FMR LLC Reduced -19,813,597-19.8m
NORGES BANK Reduced -7,400,000-7.4m
ENVESTNET ASSET MANAGEMENT INC Reduced -2,959,013-3.0m
Point72 Asset Management, L.P. Reduced -1,671,010-1.7m
Balyasny Asset Management L.P. Reduced -1,384,576-1.4m
Holocene Advisors, LP Reduced -1,202,023-1.2m
Brandywine Global Investment Management, LLC Reduced -1,067,144-1.1m
Ruffer LLP Sold out -922,600-922.6k
Encompass Capital Advisors LLC Sold out -912,797-912.8k
GOLDMAN SACHS GROUP INC Reduced -875,768-875.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $138.2m2.3m shares
Optiver Holding B.V. Reduced $111.7m1.8m shares
CITADEL ADVISORS LLC Reduced $98.6m1.6m shares
JANE STREET GROUP, LLC Reduced $75.4m1.3m shares
BlackRock Inc. Reduced $50.3m832.5k shares
Twin Tree Management, LP Reduced $36.1m597.5k shares
D. E. Shaw & Co., Inc. Added $34.8m576.1k shares
SIMPLEX TRADING, LLC Reduced $30.6m507.2k shares
CITIGROUP INC Added $25.8m427.4k shares
Walleye Trading LLC Reduced $23.2m383.7k shares

Biggest puts

Optiver Holding B.V. Reduced $134.2m2.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $74.2m1.2m shares
CITADEL ADVISORS LLC Reduced $51.4m851.6k shares
JANE STREET GROUP, LLC Added $37.9m637.0k shares
BlackRock Inc. New $33.5m554.6k shares
SIMPLEX TRADING, LLC Added $31.7m524.8k shares
Twin Tree Management, LP Reduced $24.4m404.2k shares
MILLENNIUM MANAGEMENT LLC New $20.9m346.6k shares
JPMORGAN CHASE & CO New $11.4m188.0k shares
Squarepoint Ops LLC Reduced $10.9m180.9k 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.

Insider purchases and sales in Q2 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.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.45% of their portfolio AUSTIN, TX 23,275,12023.3m $1.4bn $1.4bn 0.45% Added +402.9k +402,896
2 FMR LLC 0.11% of their portfolio BOSTON, MA 22,533,36322.5m $1.4bn $1.4bn 0.11% Reduced -19.8m -19,813,597
3 Fisher Asset Management, LLC 0.73% of their portfolio PLANO, TX 21,902,04321.9m $1.3bn $1.3bn 0.73% Added +497.4k +497,450
4 EAGLE CAPITAL MANAGEMENT LLC 4.31% of their portfolio New York, NY 15,904,91415.9m $960.3m $960.3m 4.31% Added +3.1m +3,090,284
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.92% of their portfolio BOSTON, MA 12,525,80212.5m $756.3m $756.3m 0.92% Added +3.3m +3,275,843
6 Perpetual Ltd 2.59% of their portfolio SYDNEY, NEW SOUTH WALES, C3 10,133,97510.1m $301.9m $301.9m 2.59% Added +2.6k +2,553
7 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 8,971,2249.0m $541.7m $541.7m 0.05% Reduced -150.0k -150,008
8 WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio Boston, MA 7,894,7747.9m $476.7m $476.7m 0.09% Reduced -134.5k -134,505
9 BlackRock Inc. 0.01% of their portfolio New York, NY 7,369,1167.4m $444.9m $444.9m 0.01% Added +386.5k +386,519
10 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 7,298,5927.3m $440.7m $440.7m 0.05% Added +149.0k +149,024
11 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.54% of their portfolio Los Angeles, CA 6,861,6836.9m $414.3m $414.3m 1.54% Added +17.9k +17,880
12 Orbis Allan Gray Ltd 2.89% of their portfolio HamiltoN, D0 6,688,9286.7m $403.9m $403.9m 2.89% Reduced -154.9k -154,909
13 LORD, ABBETT & CO. LLC 0.69% of their portfolio JERSEY CITY, NJ 6,685,3646.7m $403.7m $403.7m 0.69% Reduced -687.3k -687,264
14 FRANKLIN RESOURCES INC 0.17% of their portfolio San Mateo, CA 6,037,6486.0m $364.6m $364.6m 0.17% Reduced -791.6k -791,573
15 Pale Fire Capital SE 32.69% of their portfolio Prague, 2N 5,432,2055.4m $328.0m $328.0m 32.69% New
16 PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio BALTIMORE, MD 5,398,5275.4m $326.0m $326.0m 0.05% Added +289.3k +289,303
17 Standard Investments LLC 17.39% of their portfolio New York, NY 4,600,0004.6m $277.7m $277.7m 17.39% Added +600.0k +600,000
18 Mawer Investment Management Ltd. 1.42% of their portfolio CALGARY, A0 4,482,4734.5m $270.7m $270.7m 1.42% Reduced -91.1k -91,057
19 MILLENNIUM MANAGEMENT LLC 0.27% of their portfolio NEW YORK, NY 4,179,7554.2m $252.4m $252.4m 0.27% Added +550.0k +549,983
20 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 4,065,1784.1m $245.5m $245.5m 0.06% Reduced -875.8k -875,768
21 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 4,025,9874.0m $243.1m $243.1m 0.05% Added +1.2m +1,151,679
22 PZENA INVESTMENT MANAGEMENT LLC 1.00% of their portfolio NEW YORK, NY 3,878,1563.9m $234.2m $234.2m 1.00% Added +1.4m +1,400,724
23 Amundi 0.11% of their portfolio Paris, I0 3,683,0913.7m $224.2m $224.2m 0.11% Added +347.9k +347,908
24 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 3,673,1133.7m $221.8m $221.8m 0.06% Reduced -95.9k -95,909
25 Harding Loevner LP 0.97% of their portfolio Bridgewater, NJ 2,753,6742.8m $166.3m $166.3m 0.97% Reduced -90.2k -90,157
26 NORGES BANK 0.03% of their portfolio OSLO, Q8 2,695,6802.7m $162.8m $162.8m 0.03% Reduced -7.4m -7,400,000
27 Rockefeller Capital Management L.P. 0.61% of their portfolio NEW YORK, NY 2,630,7552.6m $158.7m $158.7m 0.61% First filing
28 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 2,462,6612.5m $148.7m $148.7m 0.03% Reduced -13.3k -13,282
29 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 2,410,5252.4m $145.5m $145.5m 0.04% Added +8.0k +8,024
30 MACKENZIE FINANCIAL CORP 0.20% of their portfolio TORONTO ONTARIO, A6 2,144,3632.1m $130.5m $130.5m 0.20% Reduced -248.9k -248,881
31 Westwood Global Investments, LLC 6.16% of their portfolio BOSTON, MA 2,073,4342.1m $125.2m $125.2m 6.16% Added +904.8k +904,844
32 Capital Research Global Investors 0.03% of their portfolio Los Angeles, CA 2,009,8982.0m $121.3m $121.3m 0.03% Added +1.4k +1,373
33 Nuveen Asset Management, LLC 0.04% of their portfolio CHICAGO, IL 1,911,2271.9m $115.4m $115.4m 0.04% Added +874.6k +874,608
34 Chevy Chase Trust Holdings, LLC 0.42% of their portfolio BETHESDA, MD 1,863,8911.9m $112.5m $112.5m 0.42% Reduced -175.3k -175,264
35 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.11% of their portfolio BLOOMINGTON, IL 1,858,0281.9m $112.2m $112.2m 0.11% Unchanged
36 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 1,846,2021.8m $111.5m $111.5m 0.15% Added +108.0k +107,960
37 Point72 Asset Management, L.P. 0.35% of their portfolio STAMFORD, CT 1,661,6501.7m $100.3m $100.3m 0.35% Reduced -1.7m -1,671,010
38 Merewether Investment Management, LP 6.65% of their portfolio DALLAS, TX 1,515,4981.5m $91.5m $91.5m 6.65% Added +74.9k +74,909
39 TODD ASSET MANAGEMENT LLC 2.11% of their portfolio Louisville, KY 1,497,2241.5m $90.4m $90.4m 2.11% Reduced -1.2k -1,225
40 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.64% of their portfolio NEW YORK, NY 1,475,9881.5m $89.1m $89.1m 0.64% Added +401.1k +401,115
41 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,448,9541.4m $87.5m $87.5m 0.04% Reduced -83.7k -83,733
42 D. E. Shaw & Co., Inc. 0.14% of their portfolio New York, NY 1,435,3231.4m $86.7m $86.7m 0.14% New
43 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 1,296,0391.3m $78.3m $78.3m 0.03% Added +285.5k +285,481
44 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,223,2431.2m $73.9m $73.9m 0.03% Reduced -3.0m -2,959,013
45 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,205,4221.2m $72.8m $72.8m 0.01% Reduced -479.1k -479,051
46 CIBC Private Wealth Group LLC 0.08% of their portfolio ATLANTA, GA 1,177,5261.2m $71.1m $71.1m 0.08% Added +24.7k +24,688
47 Douglas Lane & Associates, LLC 1.10% of their portfolio NEW YORK, NY 1,130,2461.1m $68.2m $68.2m 1.10% Reduced -42.4k -42,370
48 Boston Partners 0.09% of their portfolio BOSTON, MA 1,066,8321.1m $64.4m $64.4m 0.09% Reduced -85.1k -85,079
49 Balyasny Asset Management L.P. 0.18% of their portfolio Chicago, IL 1,053,7721.1m $63.6m $63.6m 0.18% Reduced -1.4m -1,384,576
50 MACQUARIE GROUP LTD 0.07% of their portfolio Sydney, NSW 2000, C3 1,023,1761.0m $61.8m $61.8m 0.07% Reduced -21.8k -21,843
51 VAN ECK ASSOCIATES CORP 0.13% of their portfolio NEW YORK, NY 995,190995.2k $60.1m $60.1m 0.13% Added +205.9k +205,900
52 NATIXIS ADVISORS, LLC 0.18% of their portfolio Boston, MA 969,043969.0k $58.5m $58.5m 0.18% Added +25.4k +25,356
53 BRANDES INVESTMENT PARTNERS, LP 1.17% of their portfolio LA JOLLA, CA 960,922960.9k $58.0m $58.0m 1.17% Added +147.1k +147,056
54 EQUITY INVESTMENT CORP 1.79% of their portfolio ATLANTA, GA 960,469960.5k $58.0m $58.0m 1.79% Reduced -16.8k -16,820
55 Brandywine Global Investment Management, LLC 0.48% of their portfolio PHILADELPHIA, PA 955,992956.0k $57.7m $57.7m 0.48% Reduced -1.1m -1,067,144
56 LETKO, BROSSEAU & ASSOCIATES INC 1.05% of their portfolio MONTREAL, A8 937,114937.1k $56.6m $56.6m 1.05% Reduced -3.6k -3,578
57 Davidson Kempner Capital Management LP 1.12% of their portfolio New York, NY 880,458880.5k $53.2m $53.2m 1.12% Not comparable
58 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.51% of their portfolio FRANKFORT, KY 879,870879.9k $53.1m $53.1m 0.51% Unchanged
59 Alyeska Investment Group, L.P. 0.40% of their portfolio CHICAGO, IL 871,987872.0k $52.7m $52.7m 0.40% Added +495.3k +495,294
60 Holocene Advisors, LP 0.22% of their portfolio New York, NY 834,909834.9k $50.4m $50.4m 0.22% Reduced -1.2m -1,202,023
61 1832 Asset Management L.P. 0.10% of their portfolio TORONTO, A6 819,777819.8k $49.5m $49.5m 0.10% Reduced -8.7k -8,713
62 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 817,045817.0k $49.3m $49.3m 0.04% Reduced -17.1k -17,073
63 Energy Income Partners, LLC 1.04% of their portfolio Westport, CT 809,766809.8k $48.9m $48.9m 1.04% Added +8.9k +8,852
64 Pacer Advisors, Inc. 0.19% of their portfolio Malvern, PA 787,004787.0k $47.5m $47.5m 0.19% Added +608.5k +608,496
65 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 769,445769.4k $46.5m $46.5m 0.04% Added +45.0k +44,982
66 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 742,418742.4k $44.8m $44.8m 0.01% Added +115.4k +115,397
67 JENNISON ASSOCIATES LLC 0.04% of their portfolio NEW YORK, NY 721,499721.5k $43.6m $43.6m 0.04% Added +138.7k +138,689
68 Russell Investments Group, Ltd. 0.08% of their portfolio Seattle, WA 705,189705.2k $42.6m $42.6m 0.08% Reduced -87.8k -87,792
69 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 680,386680.4k $41.1m $41.1m 0.06% New
70 GREAT LAKES ADVISORS, LLC 0.41% of their portfolio CHICAGO, IL 672,220672.2k $40.6m $40.6m 0.41% Reduced -282.2k -282,175
71 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 670,892670.9k $40.5m $40.5m 0.01% Reduced -30.1k -30,145
72 Cullen Capital Management, LLC 0.36% of their portfolio New York, NY 665,569665.6k $40.2m $40.2m 0.36% Reduced -54.4k -54,422
73 Corient Private Wealth LP 0.09% of their portfolio MIAMI, FL 613,146613.1k $37.0m $37.0m 0.09% Added +124.6k +124,613
74 ExodusPoint Capital Management, LP 0.42% of their portfolio NEW YORK, NY 597,067597.1k $36.1m $36.1m 0.42% Reduced -62.0k -61,978
75 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 581,215581.2k $35.1m $35.1m 0.03% Added +59.2k +59,205
76 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 580,717580.7k $35.1m $35.1m 0.01% Reduced -171.9k -171,911
77 Onex Canada Asset Management Inc. 1.05% of their portfolio TORONTO, A6 577,890577.9k $17.4m $17.4m 1.05% Reduced -220.2k -220,195
78 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 575,873575.9k $34.6m $34.6m 0.03% Reduced -31.3k -31,277
79 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 570,495570.5k $34.4m $34.4m 0.02% Added +5.5k +5,452
80 Aventail Capital Group, LP 3.47% of their portfolio NEW YORK, NY 565,419565.4k $34.1m $34.1m 3.47% New
81 PENN DAVIS MCFARLAND INC 6.06% of their portfolio DALLAS, TX 563,385563.4k $34.0m $34.0m 6.06% Reduced -6.6k -6,633
82 Verition Fund Management LLC 0.52% of their portfolio GREENWICH, CT 556,757556.8k $33.6m $33.6m 0.52% Added +31.1k +31,103
83 Nan Shan Life Insurance Co., Ltd. 0.81% of their portfolio Taipei City, F5 556,310556.3k $33.6m $33.6m 0.81% Unchanged
84 CAMBIAR INVESTORS LLC 1.41% of their portfolio Denver, CO 553,857553.9k $33.4m $33.4m 1.41% Reduced -20.1k -20,075
85 TruWealth Advisors, LLC 2.41% of their portfolio Metairie, LA 464,021464.0k $28.0m $28.0m 2.41% Reduced -2.6k -2,576
86 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 441,047441.0k $26.6m $26.6m 0.05% Added +35.2k +35,218
87 GABELLI FUNDS LLC 0.19% of their portfolio Rye, NY 425,100425.1k $25.7m $25.7m 0.19% Unchanged
88 Willis Investment Counsel 1.67% of their portfolio GAINESVILLE, GA 424,838424.8k $25.7m $25.7m 1.67% Added +164 +164
89 L1 Capital Pty Ltd 3.08% of their portfolio MELBOURNE VIC 3000, C3 424,252424.3k $25.6m $25.6m 3.08% New
90 CIBC WORLD MARKET INC. 0.09% of their portfolio TORONTO, A6 418,186418.2k $25.2m $25.2m 0.09% Added +4.1k +4,075
91 Huber Capital Management LLC 6.01% of their portfolio EL SEGUNDO, CA 413,889413.9k $25.0m $25.0m 6.01% Added +6.8k +6,800
92 CI INVESTMENTS INC. 0.13% of their portfolio TORONTO, Z4 411,565411.6k $24.9m $24.9m 0.13% Reduced -21.4k -21,436
93 KORNITZER CAPITAL MANAGEMENT INC /KS 0.48% of their portfolio SHAWNEE MISSION, KS 401,003401.0k $24.2m $24.2m 0.48% Added +10.1k +10,082
94 Foundry Partners, LLC 1.46% of their portfolio MINNEAPOLIS, MN 393,792393.8k $23.8m $23.8m 1.46% Added +26.1k +26,123
95 CANTOR FITZGERALD, L. P. 0.54% of their portfolio NEW YORK, NY 387,473387.5k $23.4m $23.4m 0.54% Reduced -5.3k -5,253
96 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 369,846369.8k $22.3m $22.3m 0.05% New
97 Teilinger Capital Ltd. 7.87% of their portfolio HOUSTON, TX 360,000360.0k $21.7m $21.7m 7.87% Added +290.8k +290,800
98 NICOLA WEALTH MANAGEMENT LTD. 2.08% of their portfolio VANCOUVER, A1 350,000350.0k $21.1m $21.1m 2.08% Reduced -77.6k -77,600
99 SIR Capital Management, L.P. 2.31% of their portfolio NEW YORK, NY 348,500348.5k $21.0m $21.0m 2.31% Reduced -38.0k -38,000
100 GUARDIAN CAPITAL LP 0.67% of their portfolio TORONTO, A6 345,202345.2k $20.8m $20.8m 0.67% Reduced -30.8k -30,786