uploads/2018/03/EOG-4Q17-Post-13F-1.png

Did Institutional Investors Sell EOG Resources in 4Q17?

By

Updated

13F filers’ statistics for EOG Resources

In 4Q17, 470 funds were “buyers” of EOG Resources (EOG) stock, and 450 funds were “sellers” of EOG stock. This means that in 4Q17, the total number of funds that bought EOG outnumbered the total number of funds that sold it by 20. 

As of December 31, 2017, 1,001 13F filers held EOG in their portfolios, and 25 of these filers had EOG in their top ten holdings.

However, when considered on the basis of the aggregate number of shares, in 4Q17, 13F filers decreased their aggregate EOG holdings by 0.06% from ~492.8 million shares to ~492.5 million shares. As of December 31, 2017, EOG Resources had ~579 million common shares outstanding.

Form 13F is an SEC (Securities and Exchange Commission) mandate that needs to be submitted by all institutional investors who manage more than $100 million in assets.

Article continues below advertisement

13F filers’ statistics for EOG’s peers

For context, in 4Q17, 13F filers reduced their aggregate holdings in other oil and gas production companies Marathon Oil (MRO), Range Resources (RRC), and Murphy Oil (MUR) by 0.15%, 6.1%, and 1.8%, respectively. In 4Q17, MRO and MUR rose ~25% and ~18%, respectively, whereas RRC fell ~13%.

Advertisement

More From Market Realist