Halliburton

HAL • NYSE

Halliburton is a oil & gas equipment & services company in the energy sector on NYSE, led by Jeffrey A. Miller, with a market cap of $24.1B. As of Q3 2025, 87% of shares are held by 886 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.27%.

Chief Executive OfficerJeffrey A. Miller

Market Cap$24.1B

Oil & Gas Equipment & Services

Energy

Employees49.0K

Websitehalliburton.com

Country

United States of America

Overview

Overview of institutional ownership in HAL as of Q3 2025 with a market cap of $21.0B

All Institutions

Institutions: 886
Value Held: $18.2B
Shares Held: 739.4M
Avg Position: $20.5M
Median Position: $531.5K

Hedge Funds

Hedge Funds: 49
Value Held: $801.3M
Shares Held: 32.6M
Avg Position: $16.4M
Median Position: $2.5M

Ownership Breakdown

Institutional (non-HF)

82.88%

$17.4B

Hedge Funds

3.82%

$801.3M

Retail & Other

13.3%

$2.8B

Based on market cap of $21.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HAL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.6B 0.04% of portfolio	12.27% 104.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$2.2B 0.42% of portfolio	10.68% 91.0M shares	Q1 2025 Held for 8 months	$532.36B
B BlackRock, Inc. Institution	-	$2.0B 0.04% of portfolio	9.61% 81.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.2B 0.04% of portfolio	5.86% 50.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$754.1M 0.12% of portfolio	3.60% 30.7M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
Sanders Capital, LLC Long Only Manager	Lewis Alan Sanders CEO	$639.7M 0.79% of portfolio	3.05% 26.0M shares	Q4 2017 Held for 7y 11m	$81.3B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$549.7M 0.04% of portfolio	2.63% 22.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$341.0M 0.02% of portfolio	1.63% 13.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
C Capital World Investors Institution	-	$338.0M 0.05% of portfolio	1.61% 13.7M shares	Q3 2020 Held for 5y 2m	$730.00B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$287.0M 0.05% of portfolio	1.37% 11.7M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for HAL in Q3 2025

Traded: +$365.0M
Buyers: 442
Sellers: 410
Total Bought: +$2.1B
Total Sold: −$1.8B
Avg Position: $18.3M

Biggest Buyers

Institution	Net Bought	Current Position
Capital Research Global Investors RIA/Wealth	+$1.0B +41.0M shares	$2.2B 91.0M shares
Holocene Advisors, LP Hedge Fund•Long/Short	+$147.3M +6.0M shares	$147.3M 6.0M shares
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	+$76.3M +3.1M shares	$122.8M 5.0M shares
FRANKLIN RESOURCES INC Institution	+$60.0M +2.4M shares	$110.4M 4.5M shares
Sanders Capital, LLC Long Only Manager	+$55.1M +2.2M shares	$639.7M 26.0M shares
A Aventail Capital Group, LP Hedge Fund•Long/Short	+$54.1M +2.2M shares	$54.1M 2.2M shares
P Pacer Advisors, Inc. Institution	+$46.9M +1.9M shares	$249.8M 10.2M shares
PZENA INVESTMENT MANAGEMENT LLC Long Only Manager	+$39.7M +1.6M shares	$131.5M 5.3M shares
E Ensign Peak Advisors, Inc Institution	+$38.2M +1.6M shares	$43.7M 1.8M shares
ARGA Investment Management, LP Long Only Manager	+$37.0M +1.5M shares	$37.0M 1.5M shares

Biggest Sellers

Institution	Net Sold	Current Position
BARROW HANLEY MEWHINNEY & STRAUSS LLC Long Only Manager	−$172.1M −7.0M shares	$267.1M 10.9M shares
A Amundi Institution	−$136.3M −5.6M shares	$120.6M 5.0M shares
Q Qube Research & Technologies Ltd Institution	−$92.9M −4.6M shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$90.7M −3.7M shares	$121.1M 4.9M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$85.6M −3.5M shares	$18.3M 744.0K shares
C Capital World Investors Institution	−$70.5M −2.9M shares	$338.0M 13.7M shares
D D. E. Shaw & Co., Inc. Institution	−$59.6M −2.4M shares	$44.7M 1.8M shares
STATE STREET CORP Institution	−$50.3M −2.0M shares	$1.2B 50.0M shares
A Assenagon Asset Management S.A. Institution	−$49.1M −2.0M shares	$19.9M 810.0K shares
MORGAN STANLEY RIA/Wealth	−$44.7M −1.8M shares	$341.0M 13.9M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HAL in Q3 2025

New Positions: 46
New Value: $74.5M
Exited Positions: 107
Exited Value: $264.3M

New Positions

Institution	Position Value
ARGA Investment Management, LP Long Only Manager	$37.0M 1.5M shares
Lighthouse Investment Partners, LLC Fund of Funds	$10.1M 410.0K shares
T Tribune Investment Group LP Hedge Fund•Event Driven	$6.2M 250.0K shares
S Sienna Gestion Institution	$5.9M 263.4K shares
Groupe la Francaise Fund of Funds	$4.0M 160.9K shares
Morningstar Investment Management LLC Long Only Manager	$2.1M 85.0K shares
E Empire Financial Management Company, LLC RIA/Wealth	$1.8M 74.1K shares
Board of the Pension Protection Fund RIA/Wealth	$986.5K 40.1K shares
National Wealth Management Group, LLC RIA/Wealth	$702.8K 28.6K shares
N NKCFO LLC RIA/Wealth	$664.2K 27.0K shares

Exited Positions

Institution	Previous Position
Q Qube Research & Technologies Ltd Institution	$92.9M 4.6M shares
H HRT FINANCIAL LLC Institution	$35.0M 1.7M shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$26.7M 1.3M shares
Trexquant Investment LP Hedge Fund•Quant	$23.1M 1.1M shares
Engineers Gate Manager LP Hedge Fund•Quant	$12.2M 598.8K shares
Aristotle Atlantic Partners, LLC Long Only Manager	$9.0M 441.7K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$7.1M 348.2K shares
X XTX Topco Ltd Institution	$5.5M 270.0K shares
Q Quadrature Capital Ltd Institution	$3.0M 148.6K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$2.8M 138.0K shares

Options Activity

Institutions with the largest Call and Put options positions in HAL as of Q3 2025

Call Positions: 46
Call Value: $678.9M
Put Positions: 35
Put Value: $701.6M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$107.9M 43.9K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$95.1M 38.6K contracts
Scion Asset Management, LLC Hedge Fund•Multi-Strategy	$61.5M 25.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$49.1M 19.9K contracts
Y Yaupon Capital Management LP Hedge Fund•Multi-Strategy	$47.9M 19.5K contracts
UBS Group AG Institution	$25.3M 10.3K contracts
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$24.6M 10.0K contracts
J JANE STREET GROUP, LLC Institution	$23.2M 9.4K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$23.2M 9.4K contracts
Walleye Trading LLC RIA/Wealth	$18.5M 7.5K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$164.8M 67.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$110.1M 44.8K contracts
J JANE STREET GROUP, LLC Institution	$77.0M 31.3K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$69.7M 28.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$40.3M 16.4K contracts
UBS Group AG Institution	$34.3M 13.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$28.0M 11.4K contracts
D D. E. Shaw & Co., Inc. Institution	$18.6M 7.6K contracts
BANK OF MONTREAL /CAN/ Institution	$16.7M 6.8K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$14.7M 59.7 contracts

Most Committed Institutions

Institutions with HAL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Black Cypress Capital Management, LLC Long Only Manager	Kelly Ann Wellborn President	8.10% $10.8M	0.05% 439.1K shares	Q1 2024 Held for 1y 8m	$133.3M
H Hartree Partners, LP Institution	-	4.05% $11.6M	0.06% 472.0K shares	Q3 2025 Held for 2 months	$287.0M
T Tribune Investment Group LP Hedge Fund•Event Driven	Bogdan George Cosmaciuc CIO	2.98% $6.2M	0.03% 250.0K shares	Q3 2025 Held for 2 months	$206.4M
Discerene Group LP RIA/Wealth	Scott Allen Hayes President	2.78% $30.7M	0.15% 1.2M shares	Q4 2020 Held for 4y 11m	$1.1B
A Aventail Capital Group, LP Hedge Fund•Long/Short	John (Nmn) Lee COO	2.58% $54.1M	0.26% 2.2M shares	Q3 2025 Held for 2 months	$2.1B
Sourcerock Group LLC Hedge Fund•Long/Short	Andrew Michael Haley COO	1.88% $27.6M	0.13% 1.1M shares	Q4 2024 Held for 11 months	$1.5B
T Tejara Capital Ltd Institution	-	1.81% $3.3M	0.02% 134.4K shares	Q2 2024 Held for 1y 5m	$182.4M
KITZINGER LAUTMANN CAPITAL MANAGEMENT INC Long Only Manager	James Brian Kitzinger President	1.66% $16.6M	0.08% 675.6K shares	Q1 2023 Held for 2y 8m	$1.0B
Sage Capital Advisors,llc RIA/Wealth	Diana Marie Blair CCO	1.64% $6.8M	0.03% 278.2K shares	Q4 2024 Held for 11 months	$416.2M
M Merrion Investment Management Co, LLC RIA/Wealth	Nancy M Westbrock CEO	1.59% $2.8M	0.01% 112.6K shares	Q3 2022 Held for 3y 2m	$174.3M

Hedge Fund Spotlight

Discover hedge funds investing in HAL

Holocene Advisors, LP

Hedge Fund • Long/Short

Portfolio ManagerJohn Brandon Haley

Portfolio Value: $43.5B
Positions: 726
Last Reported: Q3 2025

Sector Allocation

Position in Halliburton

Market Value: $147.3M
Shares Held: 6.0M
Portfolio Weight: 0.34%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$3.1B	7.21%
2 Tesla, Inc. TSLA	Auto - Manufacturers Consumer Cyclical	$2.7B	6.29%
3 Amazon AMZN	Specialty Retail Consumer Cyclical	$2.3B	5.30%