SCHLUMBERGER LTD SLB
COM STK · Common Stock · CUSIP 806857108 · ISIN AN8068571086
Oilfield services 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 ($202.7m this quarter). Holder counts are more reliable. Shares outstanding: 1.4bn as of 2023-06-30, 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 ≈ $49.23. Options: 51 managers hold calls ($713.6m notional), 44 hold puts ($639.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,267 |
| Q4 2022 | 1,445 |
| Q1 2023 | 1,410 |
| Q2 2023 | 1,432 |
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 | 675 | 608 |
| Q1 2023 | 641 | 673 |
| Q2 2023 | 628 | 654 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $955.4m | $847.9m | 0.89 |
| Q4 2022 | $1.3bn | $1.2bn | 0.91 |
| Q1 2023 | $940.6m | $732.9m | 0.78 |
| Q2 2023 | $713.6m | $639.1m | 0.90 |
Biggest buyers
| Capital World Investors | Added | +19.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +13.2m |
| Sanders Capital, LLC | New | +6.0m |
| GQG Partners LLC | Added | +5.3m |
| VANGUARD GROUP INC | Added | +1.7m |
| STEADFAST CAPITAL MANAGEMENT LP | Added | +1.3m |
| BlackRock Inc. | Added | +1.1m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.0m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +914.4k |
| EDMOND DE ROTHSCHILD HOLDING S.A. | Added | +889.4k |
Biggest sellers
| FMR LLC | Reduced | -43.5m |
| OFI INVEST ASSET MANAGEMENT | Reduced | -35.6m |
| JENNISON ASSOCIATES LLC | Reduced | -19.6m |
| Fisher Asset Management, LLC | Reduced | -11.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.9m |
| STRS OHIO | Reduced | -3.6m |
| BARCLAYS PLC | Reduced | -3.5m |
| Artisan Partners Limited Partnership | Reduced | -1.5m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.5m |
| Invesco Ltd. | Reduced | -1.4m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $89.3m1.8m shares |
| CITADEL ADVISORS LLC | Reduced | $81.4m1.7m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $77.5m1.6m shares |
| Twin Tree Management, LP | Added | $70.2m1.4m shares |
| Laurion Capital Management LP | New | $55.1m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $44.4m904.9k shares |
| JANE STREET GROUP, LLC | Reduced | $32.5m662.2k shares |
| JPMORGAN CHASE & CO | Reduced | $31.0m632.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $28.7m583.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $26.6m541.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $109.2m2.2m shares |
| JANE STREET GROUP, LLC | Reduced | $68.0m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $65.5m1.3m shares |
| Twin Tree Management, LP | Added | $59.3m1.2m shares |
| Eisler Capital (UK) Ltd. | Added | $45.8m931.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.4m578.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $23.7m482.3k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $23.1m469.8k shares |
| UBS Group AG | Reduced | $19.2m391.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $16.9m344.1k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRICE T ROWE ASSOCIATES INC /MD/ (4.0%, 2025-11-14)
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.
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $400.0k | — |
| Q1 2022 | 0 | — | 5 | $4.2m | — |
| Q2 2022 | 0 | — | 3 | $1.5m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 7 | $7.5m | — |
| Q1 2023 | 0 | — | 7 | $16.3m | — |
| Q2 2023 | 1 | $5.0k | 1 | $874.6k | $874.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-26 | Biguet Stephane EVP & CFO | Sold plan | $291.7k6.2k shares |
| 2023-05-30 | Biguet Stephane EVP & CFO | Sold plan | $273.1k6.2k shares |
| 2023-05-24 | Beumelburg Katharina Chief Sustainability Officer · By Spouse | Bought | $5.0k110 shares |
| 2023-04-24 | Biguet Stephane EVP & CFO | Sold plan | $309.8k6.2k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.15% of their portfolio | 129.1m $6.3bn | Added +1.7m |
| BlackRock Inc. 0.15% of their portfolio | 106.8m $5.2bn | Added +1.1m |
| STATE STREET CORP 0.22% of their portfolio | 83.8m $4.1bn | Added +861.4k |
| Capital World Investors 0.41% of their portfolio | 43.1m $2.1bn | Added +19.9m |
| WELLINGTON MANAGEMENT GROUP LLP 0.32% of their portfolio | 34.3m $1.7bn | Reduced -3.9m |
| GQG Partners LLC 3.80% of their portfolio | 33.6m $1.7bn | Added +5.3m |
| First Eagle Investment Management, LLC 3.43% of their portfolio | 27.3m $1.3bn | Reduced -217.9k |
| FMR LLC 0.11% of their portfolio | 26.9m $1.3bn | Reduced -43.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.15% of their portfolio | 26.0m $1.3bn | Added +635.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio | 23.9m $1.2bn | Added +13.2m |
| DEUTSCHE BANK AG\ 0.60% of their portfolio | 23.0m $1.1bn | Added +721.4k |
| BANK OF AMERICA CORP /DE/ 0.13% of their portfolio | 22.4m $1.1bn | Reduced -154.4k |
| NORGES BANK 0.20% of their portfolio | 20.4m $1.0bn | Added +531.3k |
| Bank of New York Mellon Corp 0.20% of their portfolio | 19.8m $971.2m | Added +819.9k |
| Amundi 0.40% of their portfolio | 15.9m $788.4m | Added +275.9k |
| MORGAN STANLEY 0.08% of their portfolio | 15.5m $761.2m | Reduced -216.1k |
| Boston Partners 1.02% of their portfolio | 15.4m $758.9m | Reduced -862.2k |
| Capital International Investors 0.18% of their portfolio | 15.1m $740.1m | Added +272.5k |
| FRANKLIN RESOURCES INC 0.35% of their portfolio | 14.8m $727.4m | Added +572.2k |
| NORTHERN TRUST CORP 0.14% of their portfolio | 14.4m $705.5m | Reduced -416.1k |
| Legal & General Group Plc 0.16% of their portfolio | 9.9m $485.7m | Reduced -291.7k |
| VAN ECK ASSOCIATES CORP 1.03% of their portfolio | 9.6m $469.3m | Reduced -1.3m |
| UBS Group AG 0.19% of their portfolio | 8.7m $426.2m | Added +655.4k |
| Egerton Capital (UK) LLP 4.36% of their portfolio | 8.6m $423.0m | Reduced -1.3m |
| Artisan Partners Limited Partnership 0.64% of their portfolio | 8.2m $400.4m | Reduced -1.5m |
| Fisher Asset Management, LLC 0.21% of their portfolio | 7.7m $380.1m | Reduced -11.8m |
| Capital Research Global Investors 0.10% of their portfolio | 7.5m $370.4m | Added +416.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 7.5m $369.2m | Reduced -27.5k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 7.5m $367.1m | Reduced -7.5k |
| JENNISON ASSOCIATES LLC 0.28% of their portfolio | 7.0m $341.8m | Reduced -19.6m |
| VOYA INVESTMENT MANAGEMENT LLC 0.34% of their portfolio | 6.7m $329.5m | Reduced -1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 6.5m $317.9m | Unchanged |
| Invesco Ltd. 0.08% of their portfolio | 6.4m $315.2m | Reduced -1.4m |
| Nuveen Asset Management, LLC 0.11% of their portfolio | 6.3m $308.9m | Added +255.6k |
| ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio | 6.2m $305.1m | Reduced -53.6k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 6.1m $298.6m | Reduced -925.1k |
| Sanders Capital, LLC 0.61% of their portfolio | 6.0m $293.3m | New |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 5.9m $289.0m | Added +528.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.22% of their portfolio | 5.7m $281.5m | Reduced -576.5k |
| AMERICAN CENTURY COMPANIES INC 0.20% of their portfolio | 5.3m $259.9m | Reduced -1.5m |
| PRINCIPAL FINANCIAL GROUP INC 0.18% of their portfolio | 5.2m $257.2m | Added +247.1k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.25% of their portfolio | 5.1m $252.3m | Reduced -314.1k |
| Swiss National Bank 0.17% of their portfolio | 5.1m $251.9m | Reduced -498.3k |
| BESSEMER GROUP INC 0.53% of their portfolio | 5.1m $251.1m | Reduced -58.2k |
| Allen Investment Management, LLC 3.56% of their portfolio | 4.9m $242.0m | Reduced -295.2k |
| Russell Investments Group, Ltd. 0.46% of their portfolio | 4.9m $239.4m | Added +291.2k |
| FIDUCIARY MANAGEMENT INC /WI/ 2.13% of their portfolio | 4.3m $210.5m | Reduced -263.8k |
| Harding Loevner LP 1.22% of their portfolio | 4.2m $208.5m | Reduced -820.9k |
| Intermede Investment Partners Ltd 5.12% of their portfolio | 4.2m $207.8m | Added +28.5k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 4.0m $197.5m | Added +436.0k |
| Capital Wealth Planning, LLC 2.27% of their portfolio | 3.7m $184.1m | Reduced -608.5k |
| Carmignac Gestion 3.16% of their portfolio | 3.7m $183.2m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.23% of their portfolio | 3.7m $182.0m | Reduced -41.2k |
| HS Management Partners, LLC 6.42% of their portfolio | 3.0m $148.5m | Added +106.1k |
| Chevy Chase Trust Holdings, LLC 0.56% of their portfolio | 3.0m $148.3m | Reduced -157.4k |
| BARCLAYS PLC 0.09% of their portfolio | 2.9m $143.8m | Reduced -3.5m |
| FIL Ltd 0.16% of their portfolio | 2.9m $142.1m | Added +514.3k |
| CANADA LIFE ASSURANCE Co 0.33% of their portfolio | 2.8m $140.8m | Added +746.2k |
| Lingotto Investment Management LLP 8.85% of their portfolio | 2.8m $137.0m | Added +111.0k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 2.8m $135.9m | Added +56.6k |
| MACKENZIE FINANCIAL CORP 0.21% of their portfolio | 2.7m $134.1m | Added +456.1k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 2.7m $132.1m | Reduced -503.0k |
| HSBC HOLDINGS PLC 0.14% of their portfolio | 2.7m $130.9m | Added +187.4k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.7m $130.5m | Reduced -888.8k |
| California Public Employees Retirement System 0.11% of their portfolio | 2.6m $129.0m | Reduced -138.3k |
| CREDIT SUISSE AG/ 0.13% of their portfolio | 2.6m $128.6m | Reduced -17.4k |
| FRED ALGER MANAGEMENT, LLC 0.64% of their portfolio | 2.5m $124.8m | Reduced -81.6k |
| RHUMBLINE ADVISERS 0.14% of their portfolio | 2.5m $124.5m | Reduced -29.6k |
| PNC Financial Services Group, Inc. 0.10% of their portfolio | 2.5m $123.1m | Reduced -31.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 2.4m $119.0m | Reduced -17.9k |
| LORD, ABBETT & CO. LLC 0.20% of their portfolio | 2.3m $114.3m | Reduced -777.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.18% of their portfolio | 2.3m $112.8m | Reduced -742.4k |
| AGF MANAGEMENT LTD 0.81% of their portfolio | 2.3m $111.5m | Added +76.5k |
| GREAT LAKES ADVISORS, LLC 1.10% of their portfolio | 2.3m $110.5m | Reduced -378.1k |
| National Pension Service 0.18% of their portfolio | 2.2m $108.7m | Reduced -97.1k |
| Discerene Group LP 14.21% of their portfolio | 2.2m $108.6m | Reduced -22.3k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 2.13% of their portfolio | 2.2m $108.0m | Added +889.4k |
| PLATINUM INVESTMENT MANAGEMENT LTD 3.65% of their portfolio | 2.1m $105.3m | Reduced -5.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.50% of their portfolio | 2.1m $105.0m | Added +914.4k |
| TD Asset Management Inc 0.12% of their portfolio | 2.1m $104.3m | Added +67.8k |
| Aberdeen Group plc 0.22% of their portfolio | 1.9m $95.1m | Added +155.5k |
| STEADFAST CAPITAL MANAGEMENT LP 2.52% of their portfolio | 1.9m $94.6m | Added +1.3m |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 1.9m $94.5m | Added +92.5k |
| Korea Investment CORP 0.26% of their portfolio | 1.9m $91.9m | Added +152.6k |
| Merewether Investment Management, LP 6.43% of their portfolio | 1.8m $88.5m | Added +296.5k |
| Alua Capital Management LP 6.07% of their portfolio | 1.8m $88.3m | Added +102.4k |
| STRS OHIO 0.35% of their portfolio | 1.7m $82.2m | Reduced -3.6m |
| PRUDENTIAL FINANCIAL INC 0.12% of their portfolio | 1.7m $81.5m | Reduced -609.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.23% of their portfolio | 1.7m $81.2m | Added +258.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.17% of their portfolio | 1.5m $75.8m | Added +9.5k |
| STIFEL FINANCIAL CORP 0.10% of their portfolio | 1.5m $75.3m | Reduced -26.2k |
| RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio | 1.5m $72.9m | Added +143.5k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 1.41% of their portfolio | 1.5m $71.8m | Added +3.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.16% of their portfolio | 1.4m $71.0m | Reduced -17.9k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 1.4m $71.0m | Added +792.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 1.4m $70.0m | Reduced -171.8k |
| JANE STREET GROUP, LLC 0.09% of their portfolio | 1.4m $67.4m | Added +868.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 1.4m $67.2m | Added +2.7k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.3m $66.7m | Reduced -733.7k |
| Ensign Peak Advisors, Inc 0.13% of their portfolio | 1.3m $65.3m | Added +17.1k |