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 ($228.3m this quarter). Holder counts are more reliable. Shares outstanding: 1.4bn as of 2024-06-30, 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 ≈ $47.16. Options: 52 managers hold calls ($745.0m notional), 53 hold puts ($1.0bn).
Trends to Q2 2024
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 |
| Q3 2023 | 1,505 |
| Q4 2023 | 1,528 |
| Q1 2024 | 1,535 |
| Q2 2024 | 1,476 |
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 |
| Q3 2023 | 689 | 669 |
| Q4 2023 | 647 | 747 |
| Q1 2024 | 741 | 681 |
| Q2 2024 | 739 | 671 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $927.1m | $975.6m | 1.05 |
| Q4 2023 | $846.0m | $1.1bn | 1.34 |
| Q1 2024 | $866.9m | $1.1bn | 1.30 |
| Q2 2024 | $745.0m | $1.0bn | 1.39 |
Biggest buyers
| Capital World Investors | Added | +15.0m |
| UBS Group AG | New | +10.9m |
| BlackRock Inc. | Added | +7.9m |
| Balyasny Asset Management L.P. | Added | +3.5m |
| Carmignac Gestion | Added | +3.5m |
| STATE STREET CORP | Added | +3.3m |
| FRANKLIN RESOURCES INC | Added | +2.6m |
| Alyeska Investment Group, L.P. | Added | +2.5m |
| VANGUARD GROUP INC | Added | +2.1m |
| Employees Provident Fund Board | New | +2.0m |
Biggest sellers
| MORGAN STANLEY | Reduced | -35.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -19.4m |
| FMR LLC | Reduced | -9.9m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -5.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.4m |
| BARCLAYS PLC | Reduced | -2.2m |
| Capital Research Global Investors | Sold out | -2.1m |
| Qube Research & Technologies Ltd | Reduced | -1.7m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.7m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.6m |
Biggest calls
| BARCLAYS PLC | Added | $96.5m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $76.8m1.6m shares |
| CITADEL ADVISORS LLC | Reduced | $65.3m1.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $56.2m1.2m shares |
| JPMORGAN CHASE & CO | Reduced | $41.4m877.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $38.7m821.2k shares |
| UBS Group AG | New | $35.2m746.0k shares |
| Walleye Capital LLC | Reduced | $25.0m530.2k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $24.5m519.8k shares |
| IMC-Chicago, LLC | Added | $21.7m459.9k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Reduced | $110.1m2.3m shares |
| CITADEL ADVISORS LLC | Reduced | $93.3m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $79.6m1.7m shares |
| JANE STREET GROUP, LLC | Added | $77.0m1.6m shares |
| JPMORGAN CHASE & CO | Reduced | $63.8m1.4m shares |
| D. E. Shaw & Co., Inc. | Added | $63.3m1.3m shares |
| Walleye Capital LLC | Added | $56.2m1.2m shares |
| SIMPLEX TRADING, LLC | Reduced | $43.3m918.0k shares |
| Eisler Capital (UK) Ltd. | Added | $40.6m861.0k shares |
| Walleye Trading LLC | Added | $31.8m674.9k 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.
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 2024
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 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 |
| Q3 2023 | 0 | — | 7 | $9.3m | $1.1m |
| Q4 2023 | 0 | — | 3 | $1.4m | $1.0m |
| Q1 2024 | 0 | — | 7 | $10.1m | $633.9k |
| Q2 2024 | 0 | — | 4 | $5.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-07 | Rando Bejar Carmen Chief People Officer | Sold | $216.3k5.0k shares |
| 2024-05-22 | Rennick Gavin President New Energy | Sold | $1.8m38.1k shares |
| 2024-05-14 | Pafitis Demosthenis Chief Technology Officer | Sold | $3.0m63.1k shares |
| 2024-05-03 | de La Chevardiere Patrick Director | Sold | $94.6k2.0k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.12% of their portfolio | 136.3m $6.4bn | Added +2.1m |
| BlackRock Inc. 0.13% of their portfolio | 119.8m $5.7bn | Added +7.9m |
| Capital World Investors 0.80% of their portfolio | 103.9m $4.9bn | Added +15.0m |
| STATE STREET CORP 0.19% of their portfolio | 89.7m $4.3bn | Added +3.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.38% of their portfolio | 66.6m $3.1bn | Reduced -19.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 28.4m $1.3bn | Added +518.1k |
| First Eagle Investment Management, LLC 2.87% of their portfolio | 26.9m $1.3bn | Reduced -46.5k |
| DEUTSCHE BANK AG\ 0.51% of their portfolio | 24.0m $1.1bn | Added +1.9m |
| BANK OF AMERICA CORP /DE/ 0.10% of their portfolio | 21.5m $1.0bn | Reduced -1.0m |
| NORGES BANK 0.15% of their portfolio | 20.7m $974.4m | Added +739.1k |
| MORGAN STANLEY 0.07% of their portfolio | 20.0m $942.1m | Reduced -35.3m |
| Amundi 0.34% of their portfolio | 18.9m $895.7m | Reduced -989.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio | 16.4m $772.0m | Reduced -3.4m |
| Bank of New York Mellon Corp 0.14% of their portfolio | 15.9m $751.4m | Reduced -58.6k |
| FRANKLIN RESOURCES INC 0.21% of their portfolio | 14.8m $696.3m | Added +2.6m |
| NORTHERN TRUST CORP 0.11% of their portfolio | 13.2m $623.3m | Added +166.3k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 12.5m $591.0m | Reduced -1.4m |
| Boston Partners 0.73% of their portfolio | 12.5m $589.9m | Added +870.1k |
| UBS Group AG 0.16% of their portfolio | 10.9m $515.5m | New |
| Sanders Capital, LLC 0.77% of their portfolio | 10.6m $501.3m | Added +839.7k |
| FMR LLC 0.03% of their portfolio | 10.4m $488.9m | Reduced -9.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 9.3m $438.6m | Added +1.9m |
| Legal & General Group Plc 0.12% of their portfolio | 9.2m $436.3m | Added +366.1k |
| VAN ECK ASSOCIATES CORP 0.58% of their portfolio | 8.6m $405.0m | Added +100.5k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 8.4m $396.0m | Reduced -588.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 8.0m $375.5m | Added +215.9k |
| Capital International Investors 0.08% of their portfolio | 7.7m $364.3m | Reduced -170.4k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 7.1m $333.4m | Added +915.7k |
| BESSEMER GROUP INC 0.58% of their portfolio | 6.9m $327.8m | Reduced -92.1k |
| Invesco Ltd. 0.06% of their portfolio | 6.5m $304.8m | Reduced -233.0k |
| Carmignac Gestion 5.22% of their portfolio | 6.5m $304.5m | Added +3.5m |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 6.4m $299.9m | Reduced -92.5k |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 6.0m $285.0m | Reduced -1.6m |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 5.9m $279.4m | Added +471.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 5.3m $251.5m | Reduced -117.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.21% of their portfolio | 4.5m $214.5m | Reduced -5.1m |
| JANUS HENDERSON GROUP PLC 0.11% of their portfolio | 4.5m $210.2m | Added +80.7k |
| BARCLAYS PLC 0.09% of their portfolio | 4.3m $201.7m | Reduced -2.2m |
| Swiss National Bank 0.14% of their portfolio | 4.2m $198.8m | Reduced -64.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.12% of their portfolio | 4.2m $196.0m | Added +35.3k |
| HSBC HOLDINGS PLC 0.12% of their portfolio | 4.1m $191.9m | Added +515.8k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.74% of their portfolio | 4.0m $186.7m | Reduced -68.2k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 3.11% of their portfolio | 3.9m $183.1m | Added +1.3m |
| Alyeska Investment Group, L.P. 1.03% of their portfolio | 3.8m $177.2m | Added +2.5m |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 3.7m $175.9m | Reduced -927.9k |
| Balyasny Asset Management L.P. 0.43% of their portfolio | 3.5m $167.2m | Added +3.5m |
| MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio | 3.5m $164.9m | Added +1.4m |
| CANADA LIFE ASSURANCE Co 0.31% of their portfolio | 3.5m $164.3m | Added +28.0k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.1m $144.8m | Added +22.4k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 3.0m $141.9m | Added +532.7k |
| Allen Investment Management, LLC 1.66% of their portfolio | 2.9m $136.4m | Reduced -1.5m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 2.9m $135.4m | Added +284.6k |
| Lingotto Investment Management LLP 4.54% of their portfolio | 2.9m $135.2m | Added +46.2k |
| Harding Loevner LP 0.71% of their portfolio | 2.7m $129.5m | Reduced -268.1k |
| California Public Employees Retirement System 0.09% of their portfolio | 2.6m $124.3m | Added +154.2k |
| AGF MANAGEMENT LTD 0.67% of their portfolio | 2.6m $120.9m | Reduced -108.3k |
| PRUDENTIAL FINANCIAL INC 0.18% of their portfolio | 2.6m $120.7m | Added +747.5k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 2.5m $119.2m | Reduced -2.8k |
| PNC Financial Services Group, Inc. 0.08% of their portfolio | 2.5m $117.6m | Reduced -50.9k |
| Chevy Chase Trust Holdings, LLC 0.37% of their portfolio | 2.5m $117.4m | Reduced -200.8k |
| GREAT LAKES ADVISORS, LLC 1.04% of their portfolio | 2.5m $116.9m | Added +187.0k |
| Aberdeen Group plc 0.22% of their portfolio | 2.5m $116.0m | Added +41.0k |
| National Pension Service 0.13% of their portfolio | 2.5m $115.7m | Added +50.0k |
| MACQUARIE GROUP LTD 0.13% of their portfolio | 2.4m $113.8m | Added +212.9k |
| Robeco Institutional Asset Management B.V. 0.24% of their portfolio | 2.4m $111.6m | Reduced -548.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 2.3m $108.4m | Added +802.4k |
| Artisan Partners Limited Partnership 0.16% of their portfolio | 2.3m $108.3m | Added +26.3k |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 2.2m $105.3m | Added +1.5m |
| Qube Research & Technologies Ltd 0.19% of their portfolio | 2.2m $102.2m | Reduced -1.7m |
| FIL Ltd 0.10% of their portfolio | 2.1m $101.0m | Added +914.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.13% of their portfolio | 2.1m $99.7m | Reduced -256.6k |
| SG Americas Securities, LLC 0.61% of their portfolio | 2.1m $97.2m | Reduced -341.8k |
| HS Management Partners, LLC 5.36% of their portfolio | 2.1m $97.0m | Added +335.2k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 2.0m $96.4m | Added +422.6k |
| Employees Provident Fund Board 1.53% of their portfolio | 2.0m $95.6m | New |
| Rathbones Group PLC 0.52% of their portfolio | 2.0m $95.1m | Added +50.6k |
| W1M Investment Management Ltd 1.78% of their portfolio | 2.0m $94.2m | Added +307.2k |
| Russell Investments Group, Ltd. 0.15% of their portfolio | 2.0m $93.4m | Reduced -354.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.11% of their portfolio | 2.0m $93.1m | Added +226.2k |
| Ceredex Value Advisors LLC 1.76% of their portfolio | 2.0m $92.9m | New |
| AXA S.A. 0.13% of their portfolio | 2.0m $86.3m | Added +1.1m |
| Encompass Capital Advisors LLC 5.01% of their portfolio | 2.0m $92.6m | Added +413.6k |
| LORD, ABBETT & CO. LLC 0.15% of their portfolio | 1.9m $91.9m | Added +52.8k |
| 1832 Asset Management L.P. 0.17% of their portfolio | 1.9m $91.4m | New |
| STIFEL FINANCIAL CORP 0.10% of their portfolio | 1.9m $90.8m | Added +161.9k |
| Public Sector Pension Investment Board 0.57% of their portfolio | 1.9m $89.7m | Added +11.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 1.9m $89.3m | Added +692.9k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.9m $88.9m | Reduced -98.7k |
| D. E. Shaw & Co., Inc. 0.12% of their portfolio | 1.9m $87.8m | Added +842.8k |
| Holocene Advisors, LP 0.35% of their portfolio | 1.8m $84.4m | New |
| PLATINUM INVESTMENT MANAGEMENT LTD 3.34% of their portfolio | 1.8m $82.7m | Reduced -169.4k |
| CITIGROUP INC 0.08% of their portfolio | 1.7m $81.9m | Added +908.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.09% of their portfolio | 1.6m $76.4m | Added +75.5k |
| Discerene Group LP 11.69% of their portfolio | 1.6m $76.2m | Unchanged |
| GENDELL JEFFREY L 2.59% of their portfolio | 1.6m $74.1m | Added +1.1m |
| US BANCORP \DE\ 0.10% of their portfolio | 1.5m $73.1m | Added +260.4k |
| Caisse de depot et placement du Quebec 0.18% of their portfolio | 1.5m $72.9m | Added +472.0k |
| Employees Retirement System of Texas 0.68% of their portfolio | 1.5m $72.5m | Added +229.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.14% of their portfolio | 1.5m $71.5m | Reduced -18.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.81% of their portfolio | 1.5m $71.5m | Added +120.7k |