DaveManuel.com · Institutional Ownership · Who Owns It
ENERGY TRANSFER L P (ET)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,313
Reporting holders
$21.8B
Reported value
32.1%
Of shares outstanding
2.6%
Calls
0.5%
Puts
+3
Holder change
Institutions report 1,106,186,010 shares against 3,443,299,601 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| ALPS ADVISORS INC | $1.7B | 86,904,208 | 7.79% | 31q | +1.1%+$18.1M |
| MORGAN STANLEY | $1.6B | 85,614,431 | 0.09% | 35q | -1.9%-$30.9M |
| JPMORGAN CHASE & CO | $1.5B | 81,080,493 | 0.09% | 31q | +12.3%+$169.1M |
| GOLDMAN SACHS GROUP INC | $1.2B | 62,819,419 | 0.10% | 31q | +4.0%+$45.9M |
| Invesco Ltd. | $1.1B | 54,927,735 | 0.08% | 31q | -2.1%-$22.3M |
| TORTOISE CAPITAL ADVISORS, L.L.C. | $726.5M | 37,997,055 | 7.39% | 31q | -3.7%-$28.0M |
| Blackstone Inc. | $684.2M | 35,782,842 | 1.76% | 26q | +15.0%+$89.1M |
| UBS Group AG | $584.1M | 30,548,239 | 0.07% | 31q | -1.4%-$8.1M |
| BANK OF AMERICA CORP /DE/ | $538.0M | 28,139,938 | 0.03% | 31q | -9.1%-$53.8M |
| Energy Income Partners, LLC | $490.5M | 25,654,536 | 7.71% | 31q | +1.8%+$8.5M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $466.8M | 24,415,955 | 0.56% | 9q | +2.2%+$9.9M |
| KAYNE ANDERSON CAPITAL ADVISORS LP | $462.1M | 24,166,229 | 9.06% | 31q | -1.7%-$8.0M |
| FMR LLC | $420.1M | 21,972,865 | 0.02% | 31q | -7.5%-$34.1M |
| NATIXIS | $409.2M | 21,401,124 | 1.65% | 31q | HELD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $326.2M incl. $279.7M options CALL+PUT | 2,432,085 | 0.03% | 31q | +71.1%+$135.5M |
| WESTWOOD HOLDINGS GROUP INC | $321.7M | 16,825,892 | 2.42% | 31q | -0.9%-$3.0M |
| NEUBERGER BERMAN GROUP LLC | $319.1M | 16,691,083 | 0.21% | 31q | +5.4%+$16.3M |
| CHICKASAW CAPITAL MANAGEMENT LLC | $293.7M | 15,361,046 | 10.56% | 31q | -0.9%-$2.6M |
| CIBC Bancorp USA Inc. | $258.6M | 13,526,220 | 0.31% | 2q | HELD |
| COOPERMAN LEON G | $254.7M | 13,320,100 | 7.18% | 30q | HELD |
| Clearbridge Investments, LLC | $254.4M | 13,308,051 | 0.21% | 31q | +1.5%+$3.8M |
| WELLS FARGO & COMPANY/MN | $246.9M | 12,910,870 | 0.04% | 31q | +3.0%+$7.3M |
| BNP PARIBAS FINANCIAL MARKETS | $203.6M incl. $5.7M options CALL | 10,348,108 | 0.07% | 31q | -6.2%-$13.5M |
| Long Focus Capital Management, LLC | $199.9M incl. $136.0M options CALL | 3,342,400 | 5.11% | 19q | HELD |
| Brookfield Corp /ON/ | $163.1M | 8,528,558 | 0.21% | 25q | +32.3%+$39.8M |
| RAYMOND JAMES FINANCIAL INC | $161.8M incl. $37.5K options PUT | 8,458,495 | 0.04% | 7q | +7.9%+$11.9M |
| BERKLEY W R CORP | $157.7M | 8,250,000 | 7.25% | 20q | HELD |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | $151.5M | 7,923,600 | 6.78% | 31q | -0.9%-$1.4M |
| LPL Financial LLC | $143.6M | 7,510,573 | 0.03% | 31q | +5.2%+$7.0M |
| BARCLAYS PLC | $140.6M incl. $3.8M options CALL+PUT | 7,152,174 | 0.03% | 31q | -27.6%-$53.7M |
| MIZUHO MARKETS AMERICAS LLC | $128.2M | 6,703,300 | 2.01% | 2q | +109.5%+$67.0M |
| STIFEL FINANCIAL CORP | $125.6M | 6,570,729 | 0.10% | 31q | -1.8%-$2.3M |
| EAGLE GLOBAL ADVISORS LLC | $121.9M | 6,377,126 | 4.04% | 31q | -1.3%-$1.6M |
| Patient Capital Management, LLC | $116.3M | 6,080,678 | 3.81% | 19q | HELD |
| CITADEL ADVISORS LLC | $113.9M CALL+PUT | options only | 0.01% | 31q | OPTIONS |
| Recurrent Investment Advisors LLC | $113.5M | 5,935,394 | 7.04% | 27q | +6.7%+$7.1M |
| JANE STREET GROUP, LLC | $112.9M CALL+PUT | options only | 0.01% | 31q | OPTIONS |
| CITIGROUP INC | $109.5M | 5,728,052 | 0.04% | 31q | +6.4%+$6.5M |
| Garrett Wealth Advisory Group, LLC | $104.8M | 5,479,943 | 16.11% | 31q | HELD |
| Fractal Investments LLC | $104.6M | 5,471,353 | 12.07% | 19q | +13.5%+$12.4M |
| Stephens Group, LLC | $104.1M | 5,444,597 | 50.46% | 19q | HELD |
| MILLER HOWARD INVESTMENTS INC /NY | $101.6M | 5,314,984 | 2.70% | 31q | +1.9%+$1.9M |
| COMMERCE BANK | $96.1M | 5,025,345 | 0.42% | 6q | HELD |
| Rockefeller Capital Management L.P. | $94.1M | 4,922,389 | 0.14% | 31q | -4.2%-$4.1M |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | $83.4M | 4,359,713 | 0.79% | 31q | HELD |
| COHEN & STEERS, INC. | $82.2M | 4,298,185 | 0.13% | 31q | +21.1%+$14.3M |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC | $79.6M | 4,163,933 | 4.66% | 31q | -1.9%-$1.5M |
| HRT FINANCIAL LP | $79.3M | 4,148,030 | 0.14% | 11q | -4.6%-$3.8M |
| Cambridge Investment Research Advisors, Inc. | $78.6M | 4,113,398 | 0.09% | 31q | +93.1%+$37.9M |
| ROYAL BANK OF CANADA | $77.0M | 4,028,190 | 0.01% | 31q | +1.1%+$824.0K |
| BlackRock, Inc. | $76.8M | 4,017,925 | 0.00% | 8q | HELD |
| Chicago Partners Investment Group LLC | $70.0M incl. $69.4K options PUT | 3,426,520 | 1.40% | 31q | HELD |
| Americana Partners, LLC | $67.9M | 3,553,524 | 1.53% | 27q | +9.9%+$6.1M |
| Maryland State Retirement & Pension System | $57.3M | 2,999,375 | 0.98% | 15q | +5.3%+$2.9M |
| Employees Retirement System of Texas | $56.7M | 2,966,911 | 0.45% | 6q | -11.4%-$7.3M |
| Allianz Asset Management GmbH | $56.6M | 2,957,838 | 0.05% | 31q | +11.5%+$5.8M |
| OSAIC HOLDINGS, INC. | $56.4M | 2,951,302 | 0.07% | 26q | +3.7%+$2.0M |
| HighTower Advisors, LLC | $52.7M | 2,753,786 | 0.05% | 31q | -2.3%-$1.2M |
| Progeny 3, Inc. | $52.5M | 2,743,907 | 2.71% | 12q | HELD |
| Philosophy Capital Management LLC | $46.3M | 2,420,488 | 2.19% | 19q | +6.7%+$2.9M |
| MAI Capital Management | $42.1M | 2,201,342 | 0.16% | 31q | +183.5%+$27.2M |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | $41.8M | 2,188,737 | 8.56% | 23q | HELD |
| Nuveen, LLC | $41.8M | 2,186,459 | 0.01% | 6q | +16.8%+$6.0M |
| VICTORY CAPITAL MANAGEMENT INC | $41.3M | 2,159,697 | 0.02% | 5q | HELD |
| Pinnacle Wealth Planning Services, Inc. | $41.0M | 2,146,965 | 3.91% | 25q | -30.2%-$17.7M |
| Beacon Pointe Advisors, LLC | $39.5M | 2,065,797 | 0.18% | 21q | +7.4%+$2.7M |
| WALNUT PRIVATE EQUITY PARTNERS, LLC | $39.2M | 2,048,500 | 21.17% | 31q | HELD |
| Cetera Investment Advisers | $38.5M | 2,011,589 | 0.04% | 25q | -5.0%-$2.0M |
| Northside Capital Management, LLC | $38.4M | 2,009,253 | 3.14% | 5q | HELD |
| Zurich Insurance Group Ltd/FI | $38.1M | 1,990,834 | 0.26% | 7q | HELD |
| SCS Capital Management LLC | $37.1M | 1,942,908 | 0.35% | 6q | +1859.8%+$35.3M |
| Catalyst Capital Advisors LLC | $37.1M | 1,939,020 | 0.61% | 31q | HELD |
| Callodine Capital Management, LP | $35.9M | 1,875,000 | 2.34% | 31q | HELD |
| Sanctuary Advisors, LLC | $35.8M | 1,874,897 | 0.17% | 9q | -0.7%-$263.2K |
| Corient Private Wealth LP | $34.8M | 1,821,330 | 0.05% | 15q | +5.1%+$1.7M |
| EXCHANGE TRADED CONCEPTS, LLC | $34.6M | 1,808,467 | 0.16% | 19q | -5.0%-$1.8M |
| JENNISON ASSOCIATES LLC | $34.5M | 1,802,685 | 0.02% | 31q | +13.8%+$4.2M |
| Mariner, LLC | $34.4M | 1,798,437 | 0.04% | 31q | -8.9%-$3.4M |
| Arax Advisory Partners | $33.3M | 1,743,645 | 0.22% | 29q | +3298.0%+$32.4M |
| Empowered Funds, LLC | $31.9M | 1,669,064 | 0.17% | 11q | -15.8%-$6.0M |
| COMMONWEALTH EQUITY SERVICES, LLC | $31.8M | 1,664,471 | 0.04% | 31q | -5.0%-$1.7M |
| Tidal Investments LLC | $30.8M | 1,611,509 | 0.05% | 24q | +56.7%+$11.2M |
| Indivisible Partners | $30.8M | 1,610,667 | 1.74% | 3q | +6172.1%+$30.3M |
| BLACKHILL CAPITAL INC | $30.6M | 1,600,000 | 1.27% | 4q | +33.3%+$7.6M |
| NEOS Investment Management LLC | $30.3M | 1,584,634 | 0.11% | 5q | +47.9%+$9.8M |
| APPALOOSA LP | $30.1M | 1,576,125 | 0.39% | 31q | HELD |
| Private Capital Advisors, Inc. | $28.9M | 1,510,980 | 2.53% | 14q | +1.7%+$493.7K |
| STEPHENS INC /AR/ | $28.3M | 1,479,489 | 0.32% | 31q | +7.2%+$1.9M |
| Adams Asset Advisors, LLC | $28.2M | 1,473,560 | 3.20% | 26q | +2.2%+$608.1K |
| Delphi Financial Group, Inc. | $27.2M | 1,421,945 | 13.44% | 31q | HELD |
| Aptus Capital Advisors, LLC | $27.1M | 1,418,032 | 0.19% | 15q | +1.5%+$396.8K |
| Kamunting Street Capital Management, L.P. | $26.9M | 1,404,742 | 15.04% | 27q | -13.1%-$4.0M |
| Waverly Advisors, LLC | $26.6M | 1,390,296 | 0.15% | 11q | -19.4%-$6.4M |
| Alden Global Capital LLC | $26.2M | 1,370,511 | 9.62% | 14q | HELD |
| Tema ETFs LLC | $26.1M | 1,366,371 | 0.84% | 5q | +47.5%+$8.4M |
| MONETA GROUP INVESTMENT ADVISORS LLC | $25.9M | 1,352,643 | 0.19% | 26q | HELD |
| Kestra Advisory Services, LLC | $25.8M | 1,349,804 | 0.08% | 11q | -2.9%-$759.1K |
| Texas Yale Capital Corp. | $25.2M | 1,318,903 | 0.55% | 31q | +0.5%+$132.7K |
| SG Americas Securities, LLC | $24.8M | 1,297,219 | 0.01% | 31q | -37.4%-$14.8M |
| GABELLI FUNDS LLC | $24.5M | 1,280,525 | 0.16% | 31q | HELD |
Showing the largest 100 of 1,315 reported holders. The count of 1,313 above leaves out 2 positions whose reported value failed our price check; they are listed here as filed.
Tender offers and delisting
Schedules TO, 13E-3 and 14D-9 and Form 25 filed in the last 180 days. Price a share is read from the filing itself where it states one plainly; a marker means we found no figure we could stand behind, and the reason is on it.
| Filed | What | Filed by | Price a share | Source |
|---|---|---|---|---|
| 2026-09-28 | Delisting notice | itself | - | filing |
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-09-10 | 2026-09-03 | Delisting notice | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-19 | WARREN KELCY L | Director | Bought | 647,968 | $13.8M |
| 2026-08-18 | WARREN KELCY L | Director | Bought | 352,032 | $7.5M |
| 2026-08-07 | Perry James Richard | Director | Bought | 12,359 | $250.0K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 522 | $2.0B | 101,734,071 | 29 | 147 | 127 | 0.0% |
| Q2 2026 | 1,313 | $21.8B | 1,106,186,010 | 76 | 449 | 316 | 3.1% |
| Q1 2026 | 1,310 | $21.6B | 1,083,216,407 | 114 | 467 | 307 | 3.2% |
| Q4 2025 | 1,271 | $17.5B | 1,032,923,163 | 78 | 452 | 329 | 2.8% |
| Q3 2025 | 1,234 | $19.4B | 1,087,824,045 | 76 | 470 | 278 | 3.2% |
| Q2 2025 | 1,249 | $20.5B | 1,090,795,426 | 101 | 486 | 275 | 3.7% |
| Q1 2025 | 1,227 | $22.0B | 1,133,573,205 | 97 | 439 | 301 | 4.3% |
| Q4 2024 | 1,215 | $23.5B | 1,160,070,670 | 95 | 426 | 254 | 3.4% |
| Q3 2024 | 1,104 | $19.4B | 1,163,148,978 | 74 | 432 | 230 | 2.9% |
| Q2 2024 | 1,084 | $19.3B | 1,151,232,172 | 70 | 399 | 248 | 2.9% |
| Q1 2024 | 1,067 | $20.5B | 1,274,960,069 | 75 | 398 | 239 | 3.1% |
| Q4 2023 | 1,060 | $17.8B | 1,233,951,346 | 93 | 437 | 183 | 4.2% |
| Q3 2023 | 970 | $16.0B | 1,076,221,698 | 65 | 382 | 207 | 5.5% |
| Q2 2023 | 959 | $14.8B | 1,093,108,891 | 70 | 327 | 216 | 5.8% |
| Q1 2023 | 931 | $15.0B | 1,142,282,905 | 79 | 333 | 222 | 4.3% |
| Q4 2022 | 915 | $14.7B | 1,191,716,404 | 81 | 311 | 215 | 3.6% |
| Q3 2022 | 852 | $132.6B | 17,023,764,306 | 71 | 300 | 189 | 0.4% |
| Q2 2022 | 839 | $105.2B | 10,499,582,750 | 68 | 295 | 205 | 0.4% |
| Q1 2022 | 827 | $115.3B | 10,239,650,515 | 76 | 299 | 201 | 0.6% |
| Q4 2021 | 812 | $20.0B | 2,581,039,167 | 55 | 295 | 195 | 3.0% |
| Q3 2021 | 774 | $14.9B | 1,508,068,944 | 64 | 246 | 196 | 3.1% |
| Q2 2021 | 754 | $14.5B | 1,323,367,055 | 68 | 233 | 226 | 3.1% |
| Q1 2021 | 732 | $10.5B | 1,325,013,944 | 71 | 217 | 210 | 2.6% |
| Q4 2020 | 757 | $10.1B | 1,578,827,913 | 69 | 190 | 271 | 3.4% |
| Q3 2020 | 733 | $11.1B | 2,013,244,579 | 51 | 213 | 253 | 1.8% |
| Q2 2020 | 774 | $14.8B | 2,052,837,662 | 93 | 264 | 226 | 1.7% |
| Q1 2020 | 770 | $25.8B | 5,564,609,467 | 92 | 256 | 247 | 0.7% |
| Q4 2019 | 800 | $62.0B | 4,794,454,999 | 82 | 227 | 246 | 0.8% |
| Q3 2019 | 739 | $30.9B | 2,359,402,199 | 71 | 221 | 218 | 1.0% |
| Q2 2019 | 735 | $43.1B | 3,020,453,561 | 55 | 253 | 212 | 1.3% |
| Q1 2019 | 745 | $38.5B | 2,480,834,521 | 67 | 251 | 192 | 0.8% |
| Q4 2018 | 742 | $24.6B | 1,819,514,669 | 16 | 14 | 0 | 2.1% |