Vanguard Group Inc. increased shares in Exxon Mobil Corp (XOM)

Vanguard Group Inc. increased shares in Exxon Mobil Corp (XOM)

Exxon Mobil Corporation (Exxon Mobil) is a prominent energy company involved in the exploration, production, and sale of crude oil, natural gas, and petroleum products. They also manufacture and market a range of petrochemical products. The company operates globally through various divisions and affiliates under the names ExxonMobil, Exxon, Esso, or Mobil. In 2012, Apache Corporation acquired Exxon Mobil's Mobil North Sea Limited assets, and in 2013, BNK Petroleum sold certain assets to XTO Energy Inc., a subsidiary of Exxon Mobil Corporation. Exxon Mobil is listed on the NYSE and has a workforce of approximately 69,600 employees.

The forthcoming report utilizes data sourced from Radient Analytics. Let's delve into key changes that happened for Exxon Mobil Corporation (Exxon Mobil), breaking down the 13F filings of its top buyers and sellers.

Top Buyers of Exxon Mobil Corp: Only Hedge Funds

In March 2023, a notable trend emerged in the investment landscape of Exxon Mobil Corp (ExxonMobil), as hedge funds took center stage as the primary buyers of the company's shares. 

Vanguard Group Inc.:

• Change in Shares: +6.58%
• Current Value: $43.1 billion
• Change in Value: +5.96%

Nuveen Asset Management:

• Change in Shares: +17.81%
• Current Value: $2.09 billion
• Change in Value: +17.12%

Putnam Investments LLC:

• Change in Shares: +27.03%
• Current Value: $1.23 billion
• Change in Value: +26.29%

Goldman Sachs Group Inc.:

• Change in Shares: +10.69%
• Current Value: $1.85 billion
• Change in Value: +10.05%

Holocene Advisors, LP:

• New investor in ExxonMobil
• Current Value: $131.9 million

First Trust Advisors LP:

• Change in Shares: +10.43%
• Current Value: $736.7 million
• Change in Value: +9.79%

Schroder Investment Management Group:

• Change in Shares: +26.35%
• Current Value: $277.6 million
• Change in Value: +25.61%

Cullen Capital Management, LLC:

• Change in Shares: +25.04%
• Current Value: $268.9 million
• Change in Value: +24.30%

Senator Investment Group LP:

• New investor in ExxonMobil
• Current Value: $43.9 million

Trivant Custom Portfolio Group, LLC:

• New investor in ExxonMobil
• Current Value: $37.5 million

Top Sellers of Exxon Mobil Corp: Only Hedge Funds

In March 2023, significant divestments from the energy giant were made by these financial institutions. Here is a breakdown of the major hedge funds and their sales: This indicates a 

BlackRock Inc.:

• Change in Shares: -4.54%
• Current Value: $30.5 billion
• Change in Value: -5.10%

Renaissance Technologies LLC:

• Change in Shares: -82.32%
• Current Value: $68.4 million
• Change in Value: -82.42%

Bank Of New York Mellon Corp (BNY):

• Change in Shares: -4.39%
• Current Value: $5.4 billion
• Change in Value: -4.94%

MARSHALL WACE, LLP:

• Change in Shares: -84.67%
• Current Value: $49.2 million
• Change in Value: -84.76%

Assenagon Asset Management S.A.:

• Change in Shares: -76.63%
• Current Value: $66.8 million
• Change in Value: -76.77%

Morgan Stanley:

• Change in Shares: -2.55%
• Current Value: $5.6 billion
• Change in Value: -3.12%

Hudson Bay Capital Management Lp:

• This hedge fund has completely sold its ExxonMobil holdings.

HSBC HOLDINGS PLC:

• Change in Shares: -18.73%
• Current Value: $596.4 million
• Change in Value: -19.09%

JPMorgan CHASE & CO:

• Change in Shares: -1.76%
• Current Value: $5.7 billion
• Change in Value: -2.33%
  

• Change in Shares: -92.32%
• Current Value: $5.6 million
• Change in Value: -92.37%