Institutional Interest in XOM: What the Big Holdings Indicate
Institutional holdings in XOM
The institutional holdings in ExxonMobil (XOM) now stands at ~50%. The level of these holdings shows the confidence level or sentiment that sophisticated market participants like institutions have in a stock. Usually, everything else being equal, increasing institutional holdings imply a favorable opinion about a stock. ExxonMobil’s current level of institutional holdings has risen from ~49% in December 2016.
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Peer institutional holdings
By comparison, ExxonMobil peers BP (BP) and Chevron (CVX) have also seen rises in their institutional holdings, by 2% each to ~13% and ~63%, respectively. However, the institutional holdings in Royal Dutch Shell (RDS.A) have remained flat at ~13%.
If you are looking for integrated energy sector exposure, you might consider the iShares US Energy ETF (IYE). The ETF has ~40% exposure to the sector.
For ongoing updates on XOM and the industry, keep checking in with Market Realist’s Energy and Power page.