Who owns SHEL (SHEL)
Which tracked institutional funds hold SHEL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SHEL company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on SHEL is one-sided between 2025-Q4 and 2026-Q1: 555 added or opened and 104 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
SHEL’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SHEL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1578 tracked filers holding SHEL, 762 increased or opened the position and 634 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in SHEL between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 45
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$669M
- CIBC Bancorp USA Inc.$128M
- MARSHALL WACE, LLP$72M
- Clark Capital Management Group, Inc.$53M
- CANTOR FITZGERALD, L. P.$40M
- LMR Partners LLP$37M
Full exits 46
- CIBC Private Wealth Group LLC$78M
- RENAISSANCE TECHNOLOGIES LLC$65M
- Brandywine Global Investment Management, LLC$57M
- Merewether Investment Management, LP$40M
- Thomasville National Bank$31M
- LOGAN CAPITAL MANAGEMENT INC$18M
Largest adds
- FMR LLC$1.8B
- Fisher Asset Management, LLC$561M
- DIMENSIONAL FUND ADVISORS LP$555M
- PRICE T ROWE ASSOCIATES INC /MD/$356M
- Orbis Allan Gray Ltd$274M
- BANK OF MONTREAL /CAN/$221M
Largest trims
- D. E. Shaw & Co., Inc.$240M
- BlackRock, Inc.$146M
- EAGLE CAPITAL MANAGEMENT LLC$78M
- Nuveen, LLC$56M
- Connor, Clark & Lunn Investment Management Ltd.$50M
- Bridgewater Associates, LP$45M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC trimmed | 97,616,512 | $9.1B | 28.9% | 2026-Q1 |
| Fisher Asset Management, LLC added | 27,474,710 | $2.6B | 8.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 24,690,100 | $2.3B | 7.3% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 10,568,968 | $983M | 3.1% | 2026-Q1 |
| MORGAN STANLEY added | 9,673,916 | $900M | 2.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 7,562,727 | $703M | 2.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 7,322,962 | $681M | 2.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 7,196,400 | $669M | 2.1% | 2026-Q1 |
| Mawer Investment Management Ltd. trimmed | 7,120,336 | $662M | 2.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 6,357,542 | $591M | 1.9% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 6,146,649 | $572M | 1.8% | 2026-Q1 |
| EAGLE CAPITAL MANAGEMENT LLC trimmed | 5,308,706 | $494M | 1.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 4,979,786 | $463M | 1.5% | 2026-Q1 |
| BlackRock, Inc. trimmed | 4,380,955 | $407M | 1.3% | 2026-Q1 |
| WGI DM, LLC trimmed | 4,247,478 | $395M | 1.3% | 2026-Q1 |
| Orbis Allan Gray Ltd added | 4,113,710 | $383M | 1.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 3,862,524 | $359M | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 3,769,080 | $351M | 1.1% | 2026-Q1 |
| JENNISON ASSOCIATES LLC trimmed | 3,444,210 | $320M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 3,323,896 | $309M | 1.0% | 2026-Q1 |
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 3,196,449 | $297M | 0.9% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 2,884,339 | $268M | 0.9% | 2026-Q1 |
| Harding Loevner LP trimmed | 2,865,428 | $266M | 0.8% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 2,817,779 | $262M | 0.8% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 2,780,297 | $259M | 0.8% | 2026-Q1 |
| BRANDES INVESTMENT PARTNERS, LP added | 2,752,755 | $256M | 0.8% | 2026-Q1 |
| Standard Investments LLC trimmed | 2,450,000 | $228M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 2,392,174 | $222M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 2,266,451 | $211M | 0.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,250,719 | $209M | 0.7% | 2026-Q1 |
| MILFORD FUNDS LTD added | 2,209,496 | $205M | 0.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,180,821 | $203M | 0.6% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,945,166 | $181M | 0.6% | 2026-Q1 |
| UBS Group AG added | 1,911,679 | $178M | 0.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,870,650 | $174M | 0.6% | 2026-Q1 |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 1,858,028 | $173M | 0.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,711,045 | $159M | 0.5% | 2026-Q1 |
| Chevy Chase Trust Holdings, LLC trimmed | 1,669,740 | $155M | 0.5% | 2026-Q1 |
| Mondrian Investment Partners LTD trimmed | 1,610,398 | $150M | 0.5% | 2026-Q1 |
| Tidal Investments LLC added | 1,542,364 | $143M | 0.5% | 2026-Q1 |
| Nuveen, LLC trimmed | 1,447,942 | $135M | 0.4% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 1,431,231 | $133M | 0.4% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 1,372,753 | $128M | 0.4% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 1,266,971 | $118M | 0.4% | 2026-Q1 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 1,182,695 | $110M | 0.3% | 2026-Q1 |
| Empyrean Capital Partners, LP trimmed | 1,141,700 | $106M | 0.3% | 2026-Q1 |
| LORD, ABBETT & CO. LLC trimmed | 1,112,851 | $103M | 0.3% | 2026-Q1 |
| EQUITY INVESTMENT CORP added | 1,074,823 | $100M | 0.3% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 1,057,021 | $98M | 0.3% | 2026-Q1 |
| TODD ASSET MANAGEMENT LLC added | 1,036,000 | $96M | 0.3% | 2026-Q1 |
| LPL Financial LLC added | 906,454 | $84M | 0.3% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 886,141 | $82M | 0.3% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 872,376 | $81M | 0.3% | 2026-Q1 |
| Boston Partners added | 835,508 | $78M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 822,970 | $77M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 809,578 | $75M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 769,779 | $72M | 0.2% | 2026-Q1 |
| Energy Income Partners, LLC trimmed | 742,055 | $69M | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 740,238 | $69M | 0.2% | 2026-Q1 |
| Capital Research Global Investors trimmed | 739,485 | $69M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 738,442 | $68M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 702,086 | $65M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 888,538 | $65M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 683,912 | $63M | 0.2% | 2026-Q1 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY added | 670,690 | $62M | 0.2% | 2026-Q1 |
| CITIGROUP INC added | 653,005 | $61M | 0.2% | 2026-Q1 |
| American Assets Investment Management, LLC | 651,000 | $61M | 0.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 623,768 | $58M | 0.2% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 605,646 | $56M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 589,505 | $55M | 0.2% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 574,262 | $53M | 0.2% | 2026-Q1 |
| Verition Fund Management LLC added | 529,029 | $49M | 0.2% | 2026-Q1 |
| Fayez Sarofim & Co trimmed | 526,094 | $49M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 521,338 | $48M | 0.2% | 2026-Q1 |
| PENN DAVIS MCFARLAND INC trimmed | 497,080 | $46M | 0.1% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 480,000 | $45M | 0.1% | 2026-Q1 |
| HRT FINANCIAL LP added | 460,697 | $43M | 0.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 459,060 | $43M | 0.1% | 2026-Q1 |
| Creative Planning added | 455,612 | $42M | 0.1% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP trimmed | 445,601 | $41M | 0.1% | 2026-Q1 |
| EVERETT HARRIS & CO /CA/ added | 432,646 | $40M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 431,707 | $40M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 430,132 | $40M | 0.1% | 2026-Q1 |
| CANTOR FITZGERALD, L. P. added | 421,562 | $40M | 0.1% | 2026-Q1 |
| KORNITZER CAPITAL MANAGEMENT INC /KS added | 417,809 | $39M | 0.1% | 2026-Q1 |
| Yaupon Capital Management LP trimmed | 411,760 | $38M | 0.1% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 404,175 | $38M | 0.1% | 2026-Q1 |
| ABC ARBITRAGE SA added | 398,523 | $37M | 0.1% | 2026-Q1 |
| LMR Partners LLP added | 396,030 | $37M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 388,771 | $36M | 0.1% | 2026-Q1 |
| Turas Capital Management LP new | 383,300 | $36M | 0.1% | 2026-Q1 |
| GREAT LAKES ADVISORS, LLC trimmed | 376,963 | $35M | 0.1% | 2026-Q1 |
| AMUNDI trimmed | 1,861,428 | $130M | 0.4% | 2025-Q1 stale |
| Holocene Advisors, LP trimmed | 1,651,115 | $118M | 0.4% | 2025-Q3 stale |
| Freestone Grove Partners LP added | 1,217,049 | $86M | 0.3% | 2025-Q2 stale |
| CIBC Private Wealth Group LLC added | 1,066,794 | $78M | 0.2% | 2025-Q4 stale |
| Pacer Advisors, Inc. trimmed | 1,004,983 | $74M | 0.2% | 2025-Q1 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 881,376 | $65M | 0.2% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC trimmed | 781,017 | $57M | 0.2% | 2025-Q4 stale |
| Merewether Investment Management, LP trimmed | 539,421 | $40M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.