Chevron Continues to Attract Institutional Investors Amid Q2 Earnings
American multinational energy company Chevron Corporation (NYSE:CVX) continues to attract institutional investors. In its latest filing with the SEC, Mill Capital Management LLC revealed a new stake in Chevron's stock worth approximately $4.53 million.
The fund bought 27,354 shares of the oil and gas company's stock during the second quarter, outpacing other major investors who have increased their stakes in CVX recently.
State Street Corp lifted its stake by 9.1% in the third quarter, while Berkshire Hathaway Inc boosted its holdings by 6.6% in the fourth quarter.