Berkshire Cuts Chevron as Others Load Oil — and Power
This is an AI analysis of an interesting pattern in QuantyFight data derived from SEC 13F holdings: Berkshire’s ~$2.38B CVX cut (ending filed value ~$17.46B / 6.64% of a ~$263.1B book; accession 0001193125-26-226661) sits beside large adds in XOM, FANG, and EOG by other managers, while verified Constellation Energy (CEG) adds are led by Canada Pension Plan (~+$2.09B), with Cap Research (~+$0.68B) and T. Rowe (~+$0.49B) in supporting roles.
Berkshire’s Chevron trim
Berkshire’s CVX reduction (~−$2.38B / −45.78M shares / −0.90% AUM impact) ranks among the top 13F Q1 dollar losers on QuantyFight. Post-trim, CVX ends at ~$17.46B (6.64% of Berkshire’s ~$263.1B disclosed book), with OXY at ~$17.22B (6.55%). Accession 0001193125-26-226661 · period of report 2026-03-31.
Who is adding other energy names
QuantyFight’s Energy-filtered dollar-increase view shows a different cast of managers adding hydrocarbons and related names:
Energy sector — sample $ increases
| Manager | Ticker | $ move |
|---|---|---|
| JPMorgan Chase & Co | XOM | +$6.21B |
| Goldman Sachs | BE | +$1.06B |
| Wellington Management | FANG | +$1.99B |
| BlackRock | XOM | +$17.30B |
| GQG Partners | CVX | +$1.91B |
| Capital World Investors | EOG | +$3.24B |
Source: QuantyFight dollar-movers filtered to Energy · sectors
Constellation Energy: verified Q1 adds
Verified Q1 2026 Web movers do not support an ECP ControlCo mega new-entry narrative in CEG (CIK 1707921 has no matching dollar-mover/loser rows for that claim). The largest confirmed CEG dollar add is Canada Pension Plan ~+$2.09B (from a small prior position — not a from-zero 97%-of-book entry), with Cap Research ~+$0.68B and T. Rowe ~+$0.49B as supporting prints.
Verified CEG adds vs Berkshire CVX cut
| Movement | $ amount | Signal type |
|---|---|---|
| Berkshire −CVX | −$2.38B | Among top 13F Q1 dollar losers |
| Canada Pension Plan +CEG | +$2.09B | Largest verified Q1 CEG add |
| Cap Research +CEG | +$0.68B | Supporting CEG add |
| T. Rowe +CEG | +$0.49B | Supporting CEG add |
| JPMorgan +XOM | +$6.21B | Energy sector $ increase |
Source: QuantyFight / verified Web Q1 2026 movers · CEG
How to read energy/power on QuantyFight
- Compare Berkshire’s CVX row on Hedge movement with Energy-filtered increases (XOM/FANG/EOG).
- Open CEG holder and dollar-mover rows for verified power adds (Canada Pension / Cap Research / T. Rowe).
- Keep Berkshire’s remaining OXY/CVX weights in view on the Berkshire fund page.
- Use Ask for cross-sector energy vs utilities questions.