Massachusetts Financial Firm Reduces Stake in Chord Energy

Institutional investor cuts position in oil and gas company by 4.2% in Q4 2025

Apr. 14, 2026 at 9:56am

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An extreme close-up of interlocking gears, pipes, and valves in a muted color palette, conceptually representing the complex financial infrastructure of the energy industry.A detailed, cinematic view of the heavy machinery and systems that power the energy industry, reflecting the complex financial underpinnings of oil and gas companies like Chord Energy.Williston Today

Massachusetts Financial Services Co. MA, a major institutional investor, reduced its stake in Chord Energy Corporation (NASDAQ:CHRD) by 4.2% in the fourth quarter of 2025, according to a recent 13F filing with the SEC. The firm still owns over 881,000 shares, or 1.55% of the company's outstanding stock, valued at $81.7 million.

Why it matters

This filing provides insight into the investment decisions of a prominent financial services firm and could signal broader market trends or sentiment around Chord Energy's stock. As an independent oil and gas producer focused on the Williston and Delaware Basins, Chord Energy's performance is closely watched by investors.

The details

According to the 13F filing, Massachusetts Financial Services Co. MA sold 38,769 shares of Chord Energy stock during the fourth quarter of 2025, reducing its total position to 881,367 shares. The firm remains a significant shareholder, owning 1.55% of Chord Energy's outstanding stock, which was valued at $81.7 million at the end of the quarter.

  • Massachusetts Financial Services Co. MA filed its 13F report for the fourth quarter of 2025 on April 14, 2026.

The players

Massachusetts Financial Services Co. MA

A major institutional investor and asset management firm based in Boston, Massachusetts.

Chord Energy Corporation

An independent exploration and production company focused on the Williston and Delaware Basins in the United States.

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The takeaway

This filing highlights the ongoing interest and investment activity around Chord Energy, a prominent player in the U.S. oil and gas industry. The reduction in stake by a major institutional investor could signal broader market trends or concerns, though Chord Energy remains a significant holding in Massachusetts Financial Services' portfolio.