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Eagle Capital Management reduced its SHEL position by 98%, from 1.66% to 0.03% of the portfolio.

Now holds 131,024 shares worth $10.16M.
Published · Based on SEC filings

Low impact
Major trim
2026 Q2

Shell PLC ADR (SHEL) fell to 0.03% of the Eagle Capital Management portfolio in 2026 Q2, from 1.66%, according to the 13F-HR filed with the SEC on August 14, 2026. The share count dropped 98% to 131K shares, and the position is worth about $10.2M and ranks 35th of 56 stocks by weight.

What did the 2026 Q2 filing report for SHEL?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 5.31M 131K
Shares sold -5.18M (98%)
Reported value $493.7M $10.2M
Portfolio weight 1.66% 0.03%
Rank in portfolio 35th of 56

How much did Eagle Capital Management cut SHEL?

Eagle Capital Management sold 5.18M shares of SHEL during 2026 Q2, cutting the stake from 5.31M to 131K. The reported value of the position fell by about $483.6M, from about $493.7M to about $10.2M.

Where does SHEL sit in the Eagle Capital Management portfolio?

SHEL ranks 35th of 56 stock positions in the Eagle Capital Management portfolio at 0.03%, below the fund's average stock position of 2%. The SHEL cut was the 10th largest of the quarter's 52 position changes by percent change to portfolio. The largest stock position is AMZN at 8.28%. Next come UNH at 7.33% and MELI at 7.29%. The three largest stocks together are 22.89% of the book. Across the 2026 Q2 portfolio, Eagle Capital Management reported 56 stock positions, with none opened and 4 closed. The total portfolio value is about $32.7B, up 10% from the prior quarter.

Eagle Capital Management buys and sells, 2026 Q2

How long has Eagle Capital Management held SHEL?

Eagle Capital Management first reported SHEL in the quarter ended March 31, 2023. The weight peaked at 5.06% in 2023 Q3. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 32%. Every reported trade is on the Eagle Capital Management SHEL trade history page.

Eagle Capital Management shares of SHEL by quarter

Did other funds buy or sell SHEL in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 2 hold SHEL. Of those, 1 trimmed the position this quarter and none added. The largest seller was Richard Pzena. Every tracked holder of SHEL is on the SHEL ownership page.

FAQ

How many SHEL shares did Eagle Capital Management sell in 2026 Q2?

Eagle Capital Management sold 5.18M shares of SHEL, 98% of the position, leaving 131K shares.

What remains of the SHEL position of Eagle Capital Management?

Eagle Capital Management still holds 131K shares of SHEL, worth about $10.2M at June 30, 2026 prices.

How much of the Eagle Capital Management portfolio is SHEL now?

SHEL is 0.03% of the Eagle Capital Management portfolio, down from 1.66% a quarter earlier.

Did other funds trim SHEL in 2026 Q2?

Among the 2 other tracked funds that hold SHEL, 1 trimmed it in 2026 Q2 and none added to it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst