Grantham Mayo Van Otterloo & Co. LLC Trims Stake in California Resources Corporation

Institutional investor reduces holdings in oil and gas producer by 13.5% in third quarter

Published on Mar. 8, 2026

Grantham Mayo Van Otterloo & Co. LLC, an institutional investor, has trimmed its holdings in shares of California Resources Corporation (NYSE:CRC) by 13.5% in the third quarter, according to a recent SEC filing. The firm now owns 1,115,379 shares, or about 1.33% of the oil and gas producer's stock, valued at $59,316,000 as of the filing.

Why it matters

This reduction in stake by a major institutional investor could signal a shift in sentiment around California Resources Corporation, which has seen its stock price fluctuate in recent quarters amid volatility in the oil and gas industry. The filing provides insight into the investment decisions of a prominent asset management firm.

The details

According to the SEC filing, Grantham Mayo Van Otterloo & Co. LLC sold 174,100 shares of California Resources Corporation in the third quarter. The firm now owns 1,115,379 shares, or about 1.33% of the company's outstanding stock. California Resources is an independent oil and gas exploration and production company focused on assets in California.

  • The SEC filing is for the third quarter of the 2026 fiscal year.

The players

Grantham Mayo Van Otterloo & Co. LLC

An institutional investment management firm that has reduced its stake in California Resources Corporation.

California Resources Corporation

An independent oil and gas exploration and production company focused on assets in California.

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The takeaway

This reduction in stake by a major institutional investor like Grantham Mayo Van Otterloo & Co. LLC could signal a shift in sentiment around California Resources Corporation, which has faced volatility in the oil and gas industry. The filing provides insight into the investment decisions of a prominent asset management firm.