SHELL PLC SHEL
SPON ADS · ADR · CUSIP 780259305 · ISIN US7802593050
British multinational oil and gas company
* 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 ($88.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.56. Options: 36 managers hold calls ($1.0bn notional), 31 hold puts ($567.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,101 |
| Q4 2022 | 1,185 |
| Q1 2023 | 1,195 |
| Q2 2023 | 1,206 |
| Q3 2023 | 1,267 |
| Q4 2023 | 1,316 |
| Q1 2024 | 1,345 |
| Q2 2024 | 1,388 |
| Q3 2024 | 1,355 |
| Q4 2024 | 1,382 |
| Q1 2025 | 1,420 |
| Q2 2025 | 1,397 |
| Q3 2025 | 1,393 |
| Q4 2025 | 1,455 |
| Q1 2026 | 1,596 |
| Q2 2026 | 1,526 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 560 | 599 |
| Q4 2024 | 498 | 640 |
| Q1 2025 | 646 | 571 |
| Q2 2025 | 588 | 609 |
| Q3 2025 | 585 | 584 |
| Q4 2025 | 618 | 552 |
| Q1 2026 | 751 | 599 |
| Q2 2026 | 654 | 694 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.1bn | $434.6m | 0.40 |
| Q4 2025 | $924.9m | $465.1m | 0.50 |
| Q1 2026 | $1.4bn | $769.2m | 0.57 |
| Q2 2026 | $1.0bn | $567.1m | 0.56 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +5.6m |
| Orbis Allan Gray Ltd | Added | +4.7m |
| RENAISSANCE TECHNOLOGIES LLC | New | +2.7m |
| Holocene Advisors, LP | New | +2.6m |
| TORONTO DOMINION BANK | Added | +2.4m |
| CITADEL ADVISORS LLC | Added | +1.6m |
| Bridgewater Associates, LP | Added | +1.2m |
| MORGAN STANLEY | Added | +1.1m |
| First Eagle Investment Management, LLC | Added | +1.1m |
| Mawer Investment Management Ltd. | Added | +893.5k |
Biggest sellers
| FMR LLC | Reduced | -10.3m |
| EAGLE CAPITAL MANAGEMENT LLC | Reduced | -5.2m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.8m |
| Tidal Investments LLC | Reduced | -1.1m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -1.1m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -844.6k |
| Qube Research & Technologies Ltd | Sold out | -809.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -733.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -631.2k |
| FRANKLIN RESOURCES INC | Reduced | -625.8k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $168.7m2.2m shares |
| CITADEL ADVISORS LLC | Reduced | $134.5m1.7m shares |
| Optiver Holding B.V. | Reduced | $108.0m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $95.5m1.2m shares |
| GROUP ONE TRADING LLC | Reduced | $65.7m847.6k shares |
| SIMPLEX TRADING, LLC | Added | $41.5m535.1k shares |
| IMC-Chicago, LLC | Reduced | $40.6m523.8k shares |
| Hiddenite Capital Partners LP | New | $38.8m500.0k shares |
| Walleye Trading LLC | Reduced | $38.0m489.9k shares |
| UBS Group AG | Added | $36.4m468.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $113.1m1.5m shares |
| Optiver Holding B.V. | Reduced | $98.0m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $68.9m888.4k shares |
| JANE STREET GROUP, LLC | Added | $50.1m646.0k shares |
| UBS Group AG | Reduced | $25.6m330.3k shares |
| IMC-Chicago, LLC | Added | $21.4m275.5k shares |
| GOLDMAN SACHS GROUP INC | Added | $19.6m252.8k shares |
| Walleye Trading LLC | Reduced | $19.2m247.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $18.1m233.6k shares |
| Squarepoint Ops LLC | Reduced | $16.7m214.9k 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 since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.29% of their portfolio | 87.3m $6.8bn | Reduced -10.3m |
| Fisher Asset Management, LLC 0.64% of their portfolio | 27.6m $2.1bn | Added +158.4k |
| DIMENSIONAL FUND ADVISORS LP 0.36% of their portfolio | 25.4m $2.0bn | Added +673.7k |
| MORGAN STANLEY 0.04% of their portfolio | 10.8m $835.8m | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 10.6m $818.9m | Added +5.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 9.8m $762.6m | Reduced -733.4k |
| Orbis Allan Gray Ltd 2.36% of their portfolio | 8.8m $686.0m | Added +4.7m |
| Mawer Investment Management Ltd. 4.22% of their portfolio | 8.0m $621.4m | Added +893.5k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 7.7m $597.8m | Added +147.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.23% of their portfolio | 6.7m $521.6m | Reduced -469.3k |
| FRANKLIN RESOURCES INC 0.11% of their portfolio | 6.7m $519.3m | Reduced -625.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.40% of their portfolio | 6.2m $480.7m | Added +53.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 5.7m $444.5m | Reduced -631.2k |
| BlackRock, Inc. 0.01% of their portfolio | 5.4m $421.6m | Added +58.1k |
| WGI DM, LLC 27.55% of their portfolio | 4.1m $318.4m | Reduced -141.3k |
| CITADEL ADVISORS LLC 0.17% of their portfolio | 3.9m $301.6m | Added +1.6m |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 3.9m $300.1m | Added +100.8k |
| JENNISON ASSOCIATES LLC 0.15% of their portfolio | 3.3m $256.4m | Reduced -137.4k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 3.2m $246.6m | Reduced -143.7k |
| D. E. Shaw & Co., Inc. 0.15% of their portfolio | 3.1m $240.8m | Added +324.9k |
| Harding Loevner LP 2.23% of their portfolio | 2.8m $237.4m | Reduced -54.8k |
| Rockefeller Capital Management L.P. 0.33% of their portfolio | 2.8m $214.8m | Reduced -48.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.29% of their portfolio | 2.7m $209.0m | New |
| Holocene Advisors, LP 0.47% of their portfolio | 2.6m $204.2m | New |
| PZENA INVESTMENT MANAGEMENT LLC 0.59% of their portfolio | 2.6m $200.1m | Reduced -615.2k |
| Standard Investments LLC 10.60% of their portfolio | 2.5m $190.0m | Unchanged |
| TORONTO DOMINION BANK 0.32% of their portfolio | 2.4m $189.8m | Added +2.4m |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 2.4m $182.4m | Added +171.9k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 2.3m $178.3m | Added +354.0k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 2.2m $167.3m | Reduced -92.6k |
| First Eagle Investment Management, LLC 0.14% of their portfolio | 2.1m $166.4m | Added +1.1m |
| BRANDES INVESTMENT PARTNERS, LP 1.16% of their portfolio | 2.1m $165.0m | Reduced -625.5k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 2.1m $162.4m | Reduced -1.8m |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 2.0m $158.2m | Reduced -844.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.0m $152.3m | Reduced -411.7k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 1.9m $147.1m | Added +27.0k |
| Nuveen, LLC 0.03% of their portfolio | 1.9m $144.6m | Added +417.3k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.10% of their portfolio | 1.9m $144.1m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 1.7m $135.7m | Added +38.9k |
| UBS Group AG 0.02% of their portfolio | 1.6m $127.9m | Reduced -262.7k |
| Chevy Chase Trust Holdings, LLC 0.33% of their portfolio | 1.6m $126.4m | Reduced -39.5k |
| MILFORD FUNDS LTD 2.06% of their portfolio | 1.6m $126.4m | Reduced -580.0k |
| Mondrian Investment Partners LTD 1.93% of their portfolio | 1.6m $125.4m | Added +6.8k |
| Bridgewater Associates, LP 0.49% of their portfolio | 1.5m $118.3m | Added +1.2m |
| MACKENZIE FINANCIAL CORP 0.12% of their portfolio | 1.5m $117.1m | Added +243.3k |
| LMR Partners LLP 0.73% of their portfolio | 1.3m $99.5m | Added +887.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.59% of their portfolio | 1.2m $89.7m | Reduced -25.4k |
| CIBC Bancorp USA Inc. 0.11% of their portfolio | 1.1m $88.2m | Reduced -235.2k |
| Boston Partners 0.08% of their portfolio | 1.1m $85.8m | Added +270.4k |
| LORD, ABBETT & CO. LLC 0.24% of their portfolio | 1.1m $83.1m | Reduced -41.0k |
| EQUITY INVESTMENT CORP 1.57% of their portfolio | 1.1m $82.5m | Reduced -11.1k |
| TODD ASSET MANAGEMENT LLC 1.44% of their portfolio | 1.0m $80.9m | Added +7.9k |
| LPL Financial LLC 0.02% of their portfolio | 931.7k $72.2m | Added +25.2k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 919.4k $85.5m | Added +30.9k |
| NATIXIS ADVISORS, LLC 0.08% of their portfolio | 871.9k $67.6m | Reduced -450 |
| Engineers Gate Manager LP 0.85% of their portfolio | 840.8k $65.2m | Added +630.9k |
| Clark Capital Management Group, Inc. 0.35% of their portfolio | 817.2k $63.4m | Added +242.9k |
| JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio | 776.7k $59.4m | Added +38.2k |
| Capital Research Global Investors 0.01% of their portfolio | 740.2k $57.4m | Added +734 |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 694.0k $53.8m | Reduced -8.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.36% of their portfolio | 681.4k $52.8m | Added +10.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 680.9k $52.5m | Reduced -3.1k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 680.5k $52.7m | Added +74.8k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 676.6k $52.5m | New |
| PNC Financial Services Group, Inc. 0.03% of their portfolio | 671.7k $52.1m | Reduced -68.5k |
| LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio | 660.0k $51.2m | Reduced -226.1k |
| American Assets Investment Management, LLC 3.06% of their portfolio | 651.0k $50.5m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 647.7k $50.2m | Reduced -44.2k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 643.2k $49.9m | Added +197.6k |
| Optiver Holding B.V. 0.66% of their portfolio | 593.0k $46.0m | Added +426.0k |
| CIBC WORLD MARKET INC. 0.08% of their portfolio | 586.0k $45.4m | Added +233.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 585.9k $45.4m | Reduced -3.6k |
| Empyrean Capital Partners, LP 1.59% of their portfolio | 583.7k $45.3m | Reduced -558.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.19% of their portfolio | 579.2k $44.9m | New |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 560.0k $43.4m | Added +264.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 536.1k $41.6m | Added +14.8k |
| Fayez Sarofim & Co 0.10% of their portfolio | 526.1k $40.8m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 523.8k $40.6m | Added +64.8k |
| Creative Planning 0.02% of their portfolio | 522.3k $40.5m | Added +66.7k |
| Energy Income Partners, LLC 0.61% of their portfolio | 496.9k $38.5m | Reduced -245.2k |
| PENN DAVIS MCFARLAND INC 3.38% of their portfolio | 489.6k $38.0m | Reduced -7.5k |
| Curi Capital, LLC 0.37% of their portfolio | 480.9k $23.7m | Added +369.4k |
| Verition Fund Management LLC 0.25% of their portfolio | 464.9k $36.0m | Reduced -64.1k |
| Cerity Partners LLC 0.04% of their portfolio | 461.2k $35.8m | Added +29.4k |
| Capricorn Fund Managers Ltd 2.85% of their portfolio | 459.2k $35.6m | New |
| EVERETT HARRIS & CO /CA/ 0.43% of their portfolio | 451.9k $35.0m | Added +19.2k |
| Cullen Capital Management, LLC 0.34% of their portfolio | 448.5k $34.8m | Added +149.4k |
| Tidal Investments LLC 0.08% of their portfolio | 445.8k $34.6m | Reduced -1.1m |
| Thomasville National Bank 1.85% of their portfolio | 433.6k $33.6m | First filing |
| CAPITAL FUND MANAGEMENT S.A. 0.23% of their portfolio | 421.0k $32.6m | Added +157.7k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.68% of their portfolio | 420.0k $32.6m | Added +2.2k |
| Quantinno Capital Management LP 0.04% of their portfolio | 412.7k $32.0m | Added +69.6k |
| Waverly Advisors, LLC 0.18% of their portfolio | 407.8k $31.6m | Added +307.7k |
| GREAT LAKES ADVISORS, LLC 0.23% of their portfolio | 385.6k $29.9m | Added +8.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 379.1k $29.4m | Reduced -1.1m |
| ABC ARBITRAGE SA 3.17% of their portfolio | 378.3k $29.3m | Reduced -20.3k |
| GABELLI FUNDS LLC 0.18% of their portfolio | 369.1k $28.6m | Reduced -35.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 360.7k $28.0m | Added +192.9k |
| GUARDIAN CAPITAL LP 0.68% of their portfolio | 357.9k $27.8m | Added +20.9k |
| Cetera Investment Advisers 0.03% of their portfolio | 355.5k $27.6m | Reduced -1.8k |