$5.30 Million Bet on Big Oil: Somerville Kurt F Invests in Chevron
Somerville Kurt F has invested $5.30 million in Chevron Corporation (NYSE:CVX), according to its latest Form 13F filing with the Securities and Exchange Commission.
The firm acquired 32,003 shares of CVX's stock, valued at approximately $5,305,000 during the second quarter.
This investment makes up about 1.3% of Somerville Kurt F's portfolio, making Chevron its 26th biggest holding.