Regency Capital Buys $3.3M in Exxon Shares

In the great game of Thrones of Capital, where dragons are traded like playing cards and alchemical compounds known as “dividends” flow like ale in a tavern, Regency Capital Management Inc. has made its move. On the 20th day of October in the Year of Our Lord 2025, they declared to the Grand Bazaar of Securities (a place where all things are measured in decimal places and Latin abbreviations) a purchase of 29,286 shares of Exxon Mobil¹, valued at $3.26 million in the quarterly scroll they call a “13F filing.”

The Alchemy Unfolded

Let us parse this tale with due solemnity. In the third quarter of 2025, Regency Capital-keepers of the Golden Pineapple Fund, rumored to be based in the volcanic isles of Hawaii-acquired Exxon Mobil shares at an average price that would make a Lannister raise an eyebrow. The position now stands at 31,992 shares, worth $3.61 million as the market’s hourglass emptied on September 30.

One might ask: Why Exxon? Why now? The answer, dear reader, lies in the ancient riddle of value investing-a philosophy as old as the first merchant who realized that a lump of black rock might someday power chariots without horses. Exxon, that great leviathan of hydrocarbons, offers a bountiful yield of 3.43% and a price-to-earnings ratio of 16x, which financiers of old would call “a fair bargain, all things considered.”

Footnotes in the Margins

¹Exxon Mobil, for those unversed in the arcane, is a modern-day Guild of Alchemists and Crude Oil Wizards, with operations spanning seven continents and three fictional ones. Their quarterly scrolls boast revenues of $328.62 billion, a number so large it would make even the Patrician of Ankh-Morpork blush.

The Map of Holdings

After this latest maneuver, Regency’s treasure map reveals their top holdings as of September 30:

BRK-B: $15.20 million (7.2% of their mythical “Assets Under Management”)
MKL: $13.05 million (6.2%, a number said to bring luck in the dice games of Wall Street)
COST: $13.02 million (6.2%, because symmetry pleases the gods of portfolio diversification)
IAU: $12.57 million (6.0%, a nod to gold’s eternal allure)
CB: $11.26 million (5.4%, though no relation to the famous Insurance Clerks’ Guild)

The Market’s Mirror

Yet Exxon’s tale is not without its shadows. As of this writing, its shares linger at $112.70, down 6.15% from the previous year. The S&P 500, that fickle oracle of market wisdom, has outpaced it by 18.27 percentage points. Some might call this a stumble. Others, a chance for value-seekers to scoop up bargains while the crowd looks elsewhere.

The Fool’s Errand

Herein lies the paradox of Exxon Mobil: a company that straddles the ancient and the modern, the physical and the ethereal. Its pipelines stretch across continents, yet its balance sheet exists only in the digital ether. It is both a relic of the Industrial Revolution and a pioneer of petrochemical enchantments that baffle even the wizards of the Unseen University.

Consider its five-year saga: shares have returned 339% to the brave (or foolish) souls who held them, a compound annual growth rate of 34.4%. The S&P 500, by contrast, limps along at 124% total return. This is not mere luck-it is the alchemy of scale, dividends, and the stubborn refusal of humanity to stop burning things for energy.

Glossary of the Obvious

Value Stock: A company whose price is so low relative to its fundamentals that even a blind squirrel might find a nut.
Dividend: A ritual offering to shareholders, paid quarterly to keep them from revolting.
P/E Ratio: A mystical number that tells you how many years of earnings you’d need to buy a company, assuming time flows linearly.
Institutional Investor: A collective noun for people who manage other people’s money with the solemnity of a funeral director.

And thus, dear investor, we arrive at the crux: Exxon Mobil is not merely a company. It is a parable. A testament to the enduring power of value investing in a world obsessed with shiny new baubles. Regency Capital’s purchase is not a revelation-it is a reminder that even in the age of electric chariots and cloud-based alchemy, some truths remain eternal. 🛢️

2025-10-30 18:48