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Confluence Investment Management Reduces Chevron Stake by 4.8%

Guavy AI Editorial Team
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CVX
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Confluence Investment Management LLC, an institutional investor, reduced its stake in Chevron Corporation (NYSE:CVX) by 4.8% during the third quarter, according to a recent filing with the Securities & Exchange Commission.

The company owned 707,297 shares of Chevron's stock after selling 35,566 shares during the period. Chevron accounts for 2.2% of Confluence Investment Management LLC's investment portfolio, making it the company's sixth largest holding.

Confluence Investment Management LLC's holdings in Chevron were worth $144,437,000 as of its most recent filing with the Securities & Exchange Commission.

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