Energy-focused hedge fund SIR Capital Management established a new position in Exxon Mobil Corp. during the second quarter of 2026. The firm purchased 565,290 shares valued at approximately $77.29 million, according to its latest 13F filing. This new investment represents a significant 8.88% of SIR Capital's reported portfolio, indicating a high-conviction bet on the integrated oil and gas major.
This disclosure was made in a quarterly report filed with the SEC on August 14, 2026, which details the firm's holdings as of June 30, 2026. Because of the delayed nature of these filings, the trades could have occurred at any point during the second quarter. During that period, Exxon Mobil reported strong earnings, with record refining margins and significant cash flow from operations.