ConocoPhillips Shows Mixed Hedge Fund Activity in Latest 13F Filings
Recent analysis of the 36 newest 13F filings for the reporting period ending March 31, 2025, reveals that ConocoPhillips (Symbol: COP) was included in the portfolios of 14 hedge funds. When multiple hedge fund managers invest similarly, it often warrants a closer examination.
However, it’s essential to recognize that 13F filings present only part of the picture. Funds are only required to report their long positions, leaving their short positions undisclosed. For instance, a fund could hold a bearish view while simultaneously maintaining a long position in the same stock, leading to potential misinterpretations of their overall sentiment towards the stock.
Despite this limitation, analyzing groups of 13F filings can provide valuable insights, particularly when comparing different reporting periods. Below, we summarize the changes in ConocoPhillips positions among the latest 13F filers:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| ARGA Investment Management LP | Existing | +4,362 | +$533 |
| NTV Asset Management LLC | Existing | –28 | +$31 |
| Hourglass Capital LLC | Existing | UNCH | +$15 |
| BXM Wealth LLC | Existing | –4,440 | –$429 |
| M&T Bank Corp | Existing | –38,549 | +$3,062 |
| 49 Wealth Management LLC | Existing | +4,196 | +$472 |
| Stratos Wealth Partners LTD. | Existing | –4,970 | –$335 |
| Stratos Wealth Advisors LLC | Existing | +136 | +$32 |
| Stratos Investment Management LLC | Existing | +6,572 | +$818 |
| May Hill Capital LLC | Existing | –539 | –$37 |
| Silverlake Wealth Management LLC | Existing | +241 | +$41 |
| Trek Financial LLC | Existing | –11 | +$73 |
| DekaBank Deutsche Girozentrale | Existing | –188,885 | –$8,723 |
| OMNI 360 Wealth Inc. | NEW | +3,723 | +$391 |
| Aggregate Change: | –218,192 | –$4,056 | |
Of the funds listed, five increased their positions in COP from December 31, 2024, to March 31, 2025, while seven reduced their holdings, and one initiated a new position. Notably, Values First Advisors Inc. exited its position in COP as of March 31, 2025.
Looking at a broader perspective, we aggregated the COP share count across all funds holding the stock as of March 31, 2025, compared to the previous period ending December 31, 2024. In total, these funds reduced their holdings by 3,232,109 shares, bringing the aggregate from 56,512,097 to 53,279,988—representing a decline of approximately 5.72%. The three largest holders of COP on March 31, 2025, were as follows:
We will continue to monitor the latest 13F filings from hedge funds and share insights derived from these updates. While individual filings can be misleading, aggregate trends across groups of funds often provide clearer insights into market movements and potential investment opportunities, such as ConocoPhillips (Symbol: COP).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
