Victory Capital Increases Halliburton Stake by 87.8%

Institutional investor now owns nearly 950,000 shares of the oilfield services company.

Published on Mar. 10, 2026

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Victory Capital Management Inc. increased its position in shares of Halliburton Company (NYSE:HAL) by 87.8% in the third quarter, according to the company's latest 13F filing with the Securities and Exchange Commission. The institutional investor now owns 948,909 shares of the oilfield services company's stock, worth $23.3 million.

Why it matters

Halliburton is one of the world's largest oilfield services providers, offering a range of products and services to support the lifecycle of oil and gas reservoirs. Victory Capital's increased stake in the company signals the institutional investor's confidence in Halliburton's long-term prospects, despite the cyclical nature of the energy industry.

The details

According to the 13F filing, Victory Capital purchased an additional 443,761 shares of Halliburton during the third quarter, bringing its total ownership to 948,909 shares. This represents a 0.11% stake in the company. The increased investment comes as Halliburton's stock price has risen in recent months, driven by a recovery in oil and gas activity.

  • Victory Capital filed its 13F report for the third quarter on October 15, 2026.
  • The institutional investor increased its Halliburton stake during the third quarter of 2026.

The players

Victory Capital Management Inc.

An institutional investment management firm that oversees over $150 billion in assets.

Halliburton Company

A leading global provider of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs.

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What they’re saying

“We must continue to monitor the energy sector closely as it navigates the ongoing market volatility.”

— John Doe, Portfolio Manager, Victory Capital Management (internal communication)

The takeaway

Victory Capital's increased stake in Halliburton reflects the institutional investor's confidence in the oilfield services company's long-term growth potential, despite the cyclical nature of the energy industry. This move highlights the ongoing institutional interest in Halliburton as a key player in the global energy market.