Chevron Corporation Sees Interest from Hedge Funds in Recent 13F Filings
In the latest analysis of the 24 recent 13F filings for the 03/31/2025 reporting period, Chevron Corporation (Symbol: CVX) was held by 12 hedge funds. When multiple managers make similar investment decisions, it often warrants further examination.
It’s crucial to note that 13F filings provide an incomplete picture; these funds must disclose only their long positions to the SEC and are not obliged to reveal their short positions. For instance, a fund might bet against a stock while simultaneously holding a long position, which can mislead observers into assuming bullish sentiment based solely on long positions disclosed in 13F filings. Thus, understanding the full scope of positions is important.
Despite this limitation, analyzing groups of 13F filings can yield valuable insights. Below is an overview of the changes in CVX positions among recent filers:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Summit Financial Strategies Inc. | Existing | +296 | +$108 |
| Everett Harris & Co. CA | Existing | –26,410 | +$9,021 |
| Brookmont Capital Management | Existing | –939 | +$333 |
| NBW Capital LLC | NEW | +4,161 | +$696 |
| Nicholson Wealth Management Group LLC | Existing | –17 | +$60 |
| Integrity Financial Corp WA | Existing | +25 | +$41 |
| Bristlecone Advisors LLC | Existing | +1,305 | +$563 |
| Savvy Advisors Inc. | Existing | +4,846 | +$1,129 |
| National Bank of Canada FI | Existing | –42,393 | +$83,842 |
| Beaumont Financial Advisors LLC | Existing | +959 | +$1,000 |
| Colrain Capital LLC | Existing | UNCH | +$41 |
| RIA Advisory Group LLC | Existing | +435 | +$121 |
| Aggregate Change: | –57,732 | +$96,955 | |
Among the funds analyzed, six increased their CVX positions from 12/31/2024 to 03/31/2025, while four decreased their positions. Notably, one new position was established during this period.
Looking at a broader perspective, we aggregated the CVX share count from all funds holding Chevron as of 03/31/2025. Comparing this data to the total share count at the end of the previous quarter on 12/31/2024, we observed that these funds increased their holdings by 962,645 shares, rising from 497,714,925 to 498,677,570. This reflects a modest increase of approximately 0.19%. The top three funds holding CVX as of 03/31/2025 were significant players in this landscape.
We will continue tracking the latest 13F filings from hedge fund managers and aim to provide insights derived from analyzing aggregate information across different reporting periods. Although individual 13F filings can sometimes mislead due to their long-only nature, looking at the sum total across groups of funds can yield more meaningful insights and noteworthy investment ideas, such as Chevron Corporation (Symbol: CVX).
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