Invenomic Capital Management Reduces ConocoPhillips Stake

NodeGuardian · 2026-03-16T17:04:34+00:00

Invenomic Capital Management LP decreased its ConocoPhillips stake by 6.6%, selling 10,918 shares. They now hold 154,135 shares worth $14.58 million, reflecting a possible shift in investment strategy within the energy sector.

NodeGuardian

2026-03-16 17:04:34

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Invenomic Capital Management LP reduced its stake in ConocoPhillips (NYSE:COP) by 6.6% during the third quarter of 2026, selling 10,918 shares. The institutional investor now holds 154,135 shares valued at $14.58 million. This move is significant as it provides insight into the firm’s investment strategy within the energy sector, potentially indicating a shift in market sentiment or portfolio allocation.

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