CHEVRON CORP — Major Shareholding Notification 2024

Feb 14, 2024

SC 13G/A 1 d756261dsc13ga.htm SC 13G/A SC 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. 1)

CHEVRON CORPORATION

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

166764100

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1 (b)

☐ Rule 13d-1 (c)

☐ Rule 13d-1 (d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

CUSIP No. 166764100 13G Page 2 of 21 Pages

1	NAME OF REPORTING PERSON Warren E. Buffett
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION United States Citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 126,093,326 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 126,093,326 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 126,093,326 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not Applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 6.7% |
| 12 | TYPE OF
REPORTING PERSON IN |

CUSIP No. 166764100 13G Page 3 of 21 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 126,093,326 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 126,093,326 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 126,093,326 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 6.7% |
| 12 | TYPE OF
REPORTING PERSON HC, CO |

CUSIP No. 166764100 13G Page 4 of 21 Pages

1	NAME OF REPORTING PERSON National Indemnity Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 101,640,925 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 101,640,925 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 101,640,925 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 5.4% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 5 of 21 Pages

1	NAME OF REPORTING PERSON GEICO Corporation
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 40,000,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 40,000,000 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 40,000,000 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 2.1% |
| 12 | TYPE OF
REPORTING PERSON HC, CO |

CUSIP No. 166764100 13G Page 6 of 21 Pages

1	NAME OF REPORTING PERSON Government Employees Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 40,000,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 40,000,000 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 40,000,000 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 2.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 7 of 21 Pages

1	NAME OF REPORTING PERSON Columbia Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 20,422,401 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 20,422,401 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 20,422,401 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 1.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 8 of 21 Pages

1	NAME OF REPORTING PERSON Cypress Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of California

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 61,400 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 61,400 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 61,400 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 Less than 0.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 9 of 21 Pages

1	NAME OF REPORTING PERSON MedPro Group Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Indiana

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 2,858,400 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 2,858,400 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,858,400 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 0.1% |
| 12 | TYPE OF
REPORTING PERSON CO |

CUSIP No. 166764100 13G Page 10 of 21 Pages

1	NAME OF REPORTING PERSON The Medical Protective Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Indiana

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 2,858,400 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 2,858,400 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,858,400 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 0.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 11 of 21 Pages

1	NAME OF REPORTING PERSON Mount Vernon Fire Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 1,585,129 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 1,585,129 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 1,585,129 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 0.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 12 of 21 Pages

1	NAME OF REPORTING PERSON United States Liability Insurance Company
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 352,871 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 352,871 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 352,871 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 Less than 0.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 13 of 21 Pages

1	NAME OF REPORTING PERSON General Re Corporation
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 2,092,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 2,092,000 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,092,000 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 0.1% |
| 12 | TYPE OF
REPORTING PERSON CO, HC |

CUSIP No. 166764100 13G Page 14 of 21 Pages

1	NAME OF REPORTING PERSON General Reinsurance Corporation
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 2,092,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 2,092,000 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,092,000 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 0.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

CUSIP No. 166764100 13G Page 15 of 21 Pages

1	NAME OF REPORTING PERSON British Insurance Company of Cayman
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 145,800 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 145,800 shares of Common Stock

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 145,800 shares of Common Stock |
| --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES ☐ Not applicable. |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW 9 Less than 0.1% |
| 12 | TYPE OF
REPORTING PERSON IC, CO |

Page 16 of 21 Pages

Item 1.

(a) Name of Issuer

Chevron Corporation

(b) Address of Issuer’s Principal Executive Offices

6001 Bollinger Canyon Road, San Roman, CA 94583

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office:

Item 2(c). Citizenship:

Warren E. Buffett 3555 Farnam Street Omaha, Nebraska 68131 United States Citizen	Berkshire Hathaway Inc. 3555 Farnam Street Omaha, Nebraska 68131 Delaware
National Indemnity Company 1314 Douglas
Street Omaha, Nebraska 68102 Nebraska corporation	Cypress Insurance Company 1314 Douglas
Street Omaha, NE 68102 California
The Medical Protective Company 5814 Reed
Road Fort Wayne, IN 46835 Indiana corporation	GEICO Corporation One GEICO Plaza Washington, DC 20076 Delaware
Columbia Insurance Company 1314 Douglas
Street Omaha, Nebraska 68102 Nebraska	MedPro Group, Inc. 5814 Reed Road Fort Wayne, IN 46835 Indiana
British Insurance Company of Cayman 1314
Douglas Street Omaha, NE 68102 Cayman Islands

Page 17 of 21 Pages

| General Re Corporation 120 Long Ridge Road Stamford, CT 06902 Delaware corporation | General Reinsurance Corporation 120 Long Ridge
Road Stamford, CT 06902 Delaware corporation |
| --- | --- |
| Mount Vernon Fire Insurance Company 1190 Devon
Park Drive Wayne, PA 19807 Pennsylvania corporation | Government Employees Insurance Company 5260
Western Ave. Chevy Chase, MD 20815 Nebraska |
| United States Liability Insurance Company 1190
Devon Park Drive Wayne, PA 19807 Pennsylvania
corporation | |

Page 18 of 21 Pages

(d) Title of Class of Securities

Common Stock

(e) CUSIP Number

166764100

Item 3. If this statement is filed pursuant to § 240.13d-1(b), or § 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc., GEICO Corporation, General Re Corporation and MedPro Group, Inc. are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, National Fire & Marine Insurance Company, Columbia Insurance Company, Cypress Insurance Company, Government Employees Insurance Company, The Medical Protective Company, General Reinsurance Corporation, Mount Vernon Fire Insurance Company, United States Liability Insurance Company and British Insurance Company of Cayman are each an Insurance Company as defined in section 3(a)(19) of the Act.

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially Owned

See the Cover Pages for each of the Reporting Persons.

(b) Percent of Class

See the Cover Pages for each of the Reporting Persons.

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote

(ii) shared power to vote or to direct the vote

(iii) sole power to dispose or to direct the disposition of

(iv) shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons .

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.

Page 19 of 21 Pages

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

See Exhibit A.

Item 8. Identification and Classification of Members of the Group.

See Exhibit A.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

Page 20 of 21 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 14th day of February, 2024

/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:	/s/ Warren E. Buffett
	Warren E. Buffett
	Chairman of the Board

Page 21 of 21 Pages

| NATIONAL INDEMNITY COMPANY, COLUMBIA INSURANCE COMPANY, CYPRESS INSURANCE COMPANY, GEICO CORPORATION, GOVERNMENT EMPLOYEES INSURANCE CORPORATION, MEDPRO GROUP INC., THE MEDICAL PROTECTIVE COMPANY, GENERAL RE CORPORATION,
MOUNT VERNON FIRE INSURANCE COMPANY, UNITED STATES LIABILITY, INSURANCE COMPANY, GENERAL REINSURANCE CORPORATION AND BRITISH INSURANCE COMPANY OF CAYMAN | |
| --- | --- |
| By: | /s/ Warren E. Buffett |
| | Warren E. Buffett Attorney-in-Fact |