The largest shareholder of Chevron (CVX) is Vanguard. This institutional investor holds the highest number of shares in the energy giant.
Chevron Corporation is a major American multinational energy corporation that plays a significant role in the global oil and gas industry. Its ownership structure includes a mix of institutional investors and individual stakeholders.
As of the latest available data, the top institutional shareholders of Chevron are:
| Holder | Number of Shares | Type |
|---|---|---|
| Vanguard | 142,672,939 | Institution |
| Warren Buffett | 118,610,534 | Institution |
| Vanguard Index Funds | 116,338,866 | Institution |
| SPDR | 98,652,152 | Institution |
Understanding Institutional Ownership
Institutional shareholders, like Vanguard, are professional organizations that invest on behalf of their clients. These can include:
- Mutual Funds: Companies like Vanguard manage numerous mutual funds (e.g., index funds, actively managed funds) where investors pool money.
- ETFs (Exchange-Traded Funds): Many ETFs, often tracking broad market indices, include Chevron as a constituent.
- Pension Funds: Large retirement funds often invest in stable, blue-chip companies like Chevron.
- Hedge Funds: Investment funds that use various strategies to generate returns, including significant stakes in public companies.
Vanguard's substantial holding in Chevron is often a result of its broad market index funds and ETFs, which aim to replicate the performance of various market indices by holding all or a representative sample of the securities within them. This includes major companies like Chevron that are part of indices such as the S&P 500.
For more detailed ownership information, you can refer to financial platforms that track stock ownership data.
