5 Biggest Stocks Targeted By Activist Investors Right Now

2. Shell PLC (NYSE:SHEL)

Market Cap: 204.04 billion

Then there’s Shell PLC (NYSE:SHEL), which saw 46 funds in our database holding shares as of the end of the year. Recently, a coalition of investors, which collectively own roughly 5% of the company, have been pushing for a closer alignment towards emissions reduction targets. The campaign started when Dutch shareholder activist Follow This issued a resolution that is currently backed by more than 25 investors, including one of the largest pension funds in the UK, National Employment Savings Trust. Shareholders are expected to cast their votes on the resolution in May.

Among the funds in our database, the top shareholder of Shell PLC (NYSE:SHEL) is Ken Fisher’s Fisher Asset Management, which owns 22.82 million shares as of the end of 2023.