Shell plc: which funds bought and sold

Institutions that bought and sold Shell shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 652 institutions that filed 13F reports for both quarters added to or opened positions in Shell, and 690 cut or closed them. Together they added a net 1.0M shares, +0.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 3.3M shares (−1.5%); index fund managers were net sellers of 48K shares (−0.5%). 90 opened a new position and 154 sold out entirely.

Bought, Q2 2026 652 institutions, 90 of them new holders Sold, Q2 2026 690 institutions, 154 of them sold out

Net change, all compared +1.0M shares (+0.3%)

Net change, active managers −3.3M shares (−1.5%), 39 bought, 41 sold

Buyers versus sellers

institutions compared, 1,654

652 bought 312 690 sold

Active managers and hedge funds 39 bought · 41 sold · −3.3M

Index fund managers 4 bought · 2 sold · −48K

Other institutions 609 bought · 647 sold · +4.4M

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Goldman Sachs Group Inc	+5.6M +112.1%	10.6M	$819M
Orbis Allan Gray Ltd Active manager	+4.7M +115.1%	8.8M	$686M
Renaissance Technologies LLC Hedge fund	+2.7M New position	2.7M	$209M
Holocene Advisors, LP Hedge fund	+2.6M New position	2.6M	$204M
Toronto Dominion Bank	+2.4M +17237.4%	2.4M	$190M
Citadel Advisors LLC Hedge fund	+1.6M +71.5%	3.9M	$302M
Bridgewater Associates, LP Hedge fund	+1.2M +388.9%	1.5M	$118M
Morgan Stanley	+1.1M +11.4%	10.8M	$836M
First Eagle Investment Management, LLC Active manager	+1.1M +103.1%	2.1M	$166M
Mawer Investment Management Ltd. Active manager	+893K +12.5%	8.0M	$621M
LMR Partners LLP Hedge fund	+887K +224.1%	1.3M	$99.5M
Point72 Asset Management, L.P. Hedge fund	+677K New position	677K	$52.5M
Dimensional Fund Advisors LP	+674K +2.7%	25.4M	$2B
Engineers Gate Manager LP Hedge fund	+631K +300.7%	841K	$65.2M
Voloridge Investment Management, LLC Hedge fund	+579K New position	579K	$44.9M
Capricorn Fund Managers Ltd	+459K New position	459K	$35.6M
Optiver Holding B.V.	+426K +255.1%	593K	$46M
Nuveen, LLC	+417K +28.8%	1.9M	$145M
Curi Capital, LLC	+369K +331.4%	481K	$23.7M
American Century Companies Inc Active manager	+354K +18.2%	2.3M	$178M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Orbis Allan Gray Ltd Active manager	+4.7M +115.1%	8.8M	$686M
Renaissance Technologies LLC Hedge fund	+2.7M New position	2.7M	$209M
Holocene Advisors, LP Hedge fund	+2.6M New position	2.6M	$204M
Citadel Advisors LLC Hedge fund	+1.6M +71.5%	3.9M	$302M
Bridgewater Associates, LP Hedge fund	+1.2M +388.9%	1.5M	$118M
First Eagle Investment Management, LLC Active manager	+1.1M +103.1%	2.1M	$166M
Mawer Investment Management Ltd. Active manager	+893K +12.5%	8.0M	$621M
LMR Partners LLP Hedge fund	+887K +224.1%	1.3M	$99.5M
Point72 Asset Management, L.P. Hedge fund	+677K New position	677K	$52.5M
Engineers Gate Manager LP Hedge fund	+631K +300.7%	841K	$65.2M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
FMR LLC Active manager	−10.3M −10.5%	87.3M	$6.8B
Eagle Capital Management LLC Active manager	−5.2M −97.5%	131K	$10.2M
Bank Of Montreal	−1.8M −45.8%	2.1M	$162M
Tidal Investments LLC	−1.1M −71.1%	446K	$34.6M
Connor, Clark & Lunn Investment Management Ltd.	−1.1M −73.5%	379K	$29.4M
Victory Capital Management Inc Active manager	−845K −29.3%	2.0M	$158M
Qube Research & Technologies Ltd Hedge fund	−810K Sold out	0	—
Price T Rowe Associates Inc Active manager	−733K −6.9%	9.8M	$763M
Wellington Management Group LLP Active manager	−631K −9.9%	5.7M	$444M
Franklin Resources Inc Active manager	−626K −8.5%	6.7M	$519M
Brandes Investment Partners, LP Active manager	−625K −22.7%	2.1M	$165M
Pzena Investment Management LLC Active manager	−615K −19.2%	2.6M	$200M
Citigroup Inc	−604K −92.4%	49K	$3.8M
New York State Common Retirement Fund	−591K −71.8%	232K	$18M
Milford Funds Ltd	−580K −26.2%	1.6M	$126M
Marshall Wace, LLP Hedge fund	−559K −72.7%	210K	$16.3M
Empyrean Capital Partners, LP Hedge fund	−558K −48.9%	584K	$45.3M
Adage Capital Partners Gp, L.L.C. Hedge fund	−480K Sold out	0	—
Arrowstreet Capital, Limited Partnership Hedge fund	−469K −6.5%	6.7M	$522M
Cantor Fitzgerald, L. P.	−422K Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
FMR LLC Active manager	−10.3M −10.5%	87.3M	$6.8B
Eagle Capital Management LLC Active manager	−5.2M −97.5%	131K	$10.2M
Victory Capital Management Inc Active manager	−845K −29.3%	2.0M	$158M
Qube Research & Technologies Ltd Hedge fund	−810K Sold out	0	—
Price T Rowe Associates Inc Active manager	−733K −6.9%	9.8M	$763M
Wellington Management Group LLP Active manager	−631K −9.9%	5.7M	$444M
Franklin Resources Inc Active manager	−626K −8.5%	6.7M	$519M
Brandes Investment Partners, LP Active manager	−625K −22.7%	2.1M	$165M
Pzena Investment Management LLC Active manager	−615K −19.2%	2.6M	$200M
Marshall Wace, LLP Hedge fund	−559K −72.7%	210K	$16.3M

New positions

largest by value

Institution	Shares	Value June 30, 2026
Renaissance Technologies LLCHedge fund	2.7M	$209M
Holocene Advisors, LPHedge fund	2.6M	$204M
Point72 Asset Management, L.P.Hedge fund	677K	$52.5M
Voloridge Investment Management, LLCHedge fund	579K	$44.9M
Capricorn Fund Managers Ltd	459K	$35.6M
Boothbay Fund Management, LLCHedge fund	307K	$23.8M
Janney Montgomery Scott LLC	289K	$22.4M
Logan Capital Management Inc	243K	$18.9M
Nomura Holdings Inc	226K	$17.5M
Entropy Technologies, LP	146K	$11.4M

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Qube Research & Technologies LtdHedge fund	810K	$75.3M
Adage Capital Partners Gp, L.L.C.Hedge fund	480K	$44.6M
Cantor Fitzgerald, L. P.	422K	$39.8M
Turas Capital Management LP	383K	$35.6M
Tudor Investment Corp Et AlHedge fund	215K	$20M
Covalis Capital LLP	107K	$9.9M
Xtx Topco Ltd	53K	$4.9M
Spx Gestao De Recursos Ltda	52K	$4.9M
Intrepid Family Office LLC	50K	$4.7M
Nkcfo LLC	38K	$3.5M

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 1,524
Ten largest holders: 54.5%
Index fund managers: 2.5%
Active managers and hedge funds: 57.5%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	39	41	11	7	−3.3M	−1.5%
Index fund managers	4	2	0	0	−48K	−0.5%
Other institutions	609	647	79	147	+4.4M	+3.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Shell.

Only managers that filed a holdings report for both quarters are compared (1,654 here). 54 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to Shell plc · Insiders · Politicians