Institutional Investors' Moves in Occidental Petroleum Revealed

2024-03-12

During the quarter ending on December 31, 2023, Occidental Petroleum (OXY) garnered substantial interest from both hedge funds and ETFs, as per data from sharkstracker.com. A total of 1163 hedge funds held 747,473,715 OXY shares, while 42 ETFs held 39,960,487 OXY shares.

Key institutional investors in OXY included Berkshire Hathaway Inc, Dodge & Cox, VANGUARD GROUP INC, STATE STREET CORP, and BlackRock Inc. Among these, Berkshire Hathaway Inc held the largest number of shares, with a holding of 243,715,804 shares.

In the last quarter, 454 hedge funds were buyers of OXY, while 461 were sellers. The selling hedge funds offloaded 46,751,759 shares, whereas the buying hedge funds acquired 43,757,924 shares. Furthermore, 80 hedge funds doubled their position on OXY, while 12 funds divested at least 90% of their OXY shares.

The institutions displaying the most optimism towards OXY included Berkshire Hathaway Inc, AMERICAN CENTURY COMPANIES INC, BANK OF AMERICA CORP /DE/, TWO SIGMA INVESTMENTS, LP, and Pacer Advisors, Inc. Conversely, the most pessimistic institutions were D. E. Shaw & Co., Inc., and CITADEL ADVISORS LLC.

This data, obtained from sharkstracker.com, offers a data-driven perspective on the market, shedding light on the significant interest and activity revolving around Occidental Petroleum.