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Chevron Wins Big with Portfolio Design Labs' $4.23 Million Bet

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CVX
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Portfolio Design Labs LLC has taken a significant position in Chevron Corporation's stock. According to its most recent SEC filing, the institutional investor purchased 25,523 shares of CVX during the second quarter, valued at approximately $4.23 million.

This represents about 0.7% of Portfolio Design Labs' investment portfolio and makes Chevron its 29th largest holding.

Several other institutional investors have also recently modified their holdings in Chevron, including Global Retirement Partners LLC, Indivisible Partners, Janney Montgomery Scott LLC, Galaxy Digital Inc., and Osprey Private Wealth LLC.

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