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Institutional Ownership · SEC Form 13F

Who owns ES (ES)


Which tracked institutional funds hold ES, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ES company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,056
Institutional holders
307,329,611
Shares held (tracked funds)
81.9%
Of shares outstanding

How the tape is positioned

258 tracked funds added or opened ES while 121 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

ES’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes ES more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in ES divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 1056 tracked filers holding ES, 580 increased or opened the position and 407 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in ES between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 55

  • VANGUARD CAPITAL MANAGEMENT LLC$1.7B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.4B
  • VANGUARD FIDUCIARY TRUST CO$146M
  • Vanguard Global Advisers, LLC$57M
  • MASSACHUSETTS FINANCIAL SERVICES CO /MA/$54M
  • VANGUARD ASSET MANAGEMENT, Ltd$48M

Full exits 39

  • VANGUARD GROUP INC$3.2B
  • Covalis Capital LLP$77M
  • Brandywine Global Investment Management, LLC$56M
  • ADAGE CAPITAL PARTNERS GP, L.L.C.$23M
  • HITE Hedge Asset Management LLC$19M
  • FORSTA AP-FONDEN$16M

Largest adds

  • AQR CAPITAL MANAGEMENT LLC$140M
  • GEODE CAPITAL MANAGEMENT, LLC$134M
  • FMR LLC$98M
  • LOS ANGELES CAPITAL MANAGEMENT LLC$81M
  • Allianz Asset Management GmbH$72M
  • STATE STREET CORP$65M

Largest trims

  • BlackRock, Inc.$585M
  • DEUTSCHE BANK AG\$255M
  • VICTORY CAPITAL MANAGEMENT INC$136M
  • CITADEL ADVISORS LLC$107M
  • Mitsubishi UFJ Trust & Banking Corp$104M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$104M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed33,072,916$2.3B10.2%2026-Q1
STATE STREET CORP added28,157,268$2.0B8.7%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new24,383,144$1.7B7.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new20,003,219$1.4B6.2%2026-Q1
FMR LLC added12,796,264$887M4.0%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added11,301,286$780M3.5%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed7,318,444$507M2.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added6,532,250$453M2.0%2026-Q1
Magellan Asset Management Ltd trimmed6,182,582$428M1.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added5,873,103$408M1.8%2026-Q1
MORGAN STANLEY added5,885,125$408M1.8%2026-Q1
Invesco Ltd. added5,208,336$361M1.6%2026-Q1
Legal & General Group Plc trimmed4,889,411$339M1.5%2026-Q1
Nuveen, LLC added4,614,909$320M1.4%2026-Q1
GOLDMAN SACHS GROUP INC added3,970,764$275M1.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC added3,940,485$269M1.2%2026-Q1
HSBC HOLDINGS PLC added3,656,740$253M1.1%2026-Q1
NORTHERN TRUST CORP added3,624,889$251M1.1%2026-Q1
Zimmer Partners, LP trimmed3,342,607$232M1.0%2026-Q1
NORGES BANK trimmed3,556,103$221M1.0%2026-Q1
Bank of New York Mellon Corp added3,004,763$208M0.9%2026-Q1
ROYAL BANK OF CANADA added2,757,798$191M0.9%2026-Q1
ProShare Advisors LLC added2,416,845$167M0.7%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed2,370,139$164M0.7%2026-Q1
Amundi trimmed2,301,820$159M0.7%2026-Q1
FRANKLIN RESOURCES INC added2,262,045$157M0.7%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed2,198,616$152M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,110,821$146M0.7%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,093,417$145M0.6%2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLC added1,948,273$135M0.6%2026-Q1
FIRST TRUST ADVISORS LP trimmed1,911,578$132M0.6%2026-Q1
UBS Group AG trimmed1,885,363$131M0.6%2026-Q1
JPMORGAN CHASE & CO added1,676,801$115M0.5%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed1,583,041$110M0.5%2026-Q1
DEUTSCHE BANK AG\ trimmed1,517,504$105M0.5%2026-Q1
LSV ASSET MANAGEMENT trimmed1,515,398$105M0.5%2026-Q1
WELLS FARGO & COMPANY/MN added1,405,438$97M0.4%2026-Q1
COHEN & STEERS, INC. trimmed1,345,893$93M0.4%2026-Q1
Robeco Institutional Asset Management B.V. trimmed1,312,897$91M0.4%2026-Q1
Empower Advisory Group, LLC added1,276,081$88M0.4%2026-Q1
Allianz Asset Management GmbH added1,139,920$79M0.4%2026-Q1
BARCLAYS PLC added1,133,942$79M0.4%2026-Q1
MACKENZIE FINANCIAL CORP added1,125,654$78M0.3%2026-Q1
Swiss National Bank added1,101,133$76M0.3%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP added1,046,496$72M0.3%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB trimmed1,029,899$70M0.3%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed1,009,933$70M0.3%2026-Q1
California Public Employees Retirement System trimmed990,160$69M0.3%2026-Q1
Man Group plc trimmed952,650$66M0.3%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added926,210$64M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added913,588$63M0.3%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed902,061$62M0.3%2026-Q1
M&G PLC trimmed881,205$61M0.3%2026-Q1
Aberdeen Group plc added833,497$58M0.3%2026-Q1
Vanguard Global Advisers, LLC new817,491$57M0.3%2026-Q1
Russell Investments Group, Ltd. trimmed810,282$56M0.3%2026-Q1
CANADA LIFE ASSURANCE Co trimmed785,380$55M0.2%2026-Q1
Quantinno Capital Management LP added782,887$54M0.2%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed775,238$54M0.2%2026-Q1
GABELLI FUNDS LLC trimmed763,900$53M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed745,227$52M0.2%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed741,978$51M0.2%2026-Q1
NOMURA ASSET MANAGEMENT CO LTD added732,705$51M0.2%2026-Q1
Vest Financial, LLC added725,475$50M0.2%2026-Q1
OLD REPUBLIC INTERNATIONAL CORP703,933$49M0.2%2026-Q1
Swedbank AB added702,198$49M0.2%2026-Q1
National Pension Service added701,007$49M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new699,572$48M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added673,545$47M0.2%2026-Q1
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed666,235$46M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed647,706$45M0.2%2026-Q1
Boston Trust Walden Corp trimmed646,277$45M0.2%2026-Q1
AVIVA PLC added623,265$43M0.2%2026-Q1
JUPITER ASSET MANAGEMENT LTD added557,406$39M0.2%2026-Q1
LAZARD ASSET MANAGEMENT LLC added544,139$38M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed531,989$37M0.2%2026-Q1
LPL Financial LLC added524,902$36M0.2%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added522,274$36M0.2%2026-Q1
Vontobel Holding Ltd. added503,509$35M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed481,050$33M0.1%2026-Q1
Retirement Systems of Alabama trimmed471,058$33M0.1%2026-Q1
BANK OF MONTREAL /CAN/ trimmed464,587$32M0.1%2026-Q1
SEI INVESTMENTS CO added460,195$32M0.1%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added451,372$31M0.1%2026-Q1
KBC Group NV added448,175$31M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed449,191$30M0.1%2026-Q1
STIFEL FINANCIAL CORP trimmed430,361$30M0.1%2026-Q1
DUFF & PHELPS INVESTMENT MANAGEMENT CO trimmed424,140$29M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed421,939$29M0.1%2026-Q1
Swiss Life Asset Management Ltd added411,401$29M0.1%2026-Q1
Act Two Investors LLC trimmed409,326$28M0.1%2026-Q1
ROYAL LONDON ASSET MANAGEMENT LTD added403,987$28M0.1%2026-Q1
Korea Investment CORP added403,378$28M0.1%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added401,389$28M0.1%2026-Q1
ALPS ADVISORS INC added385,518$27M0.1%2026-Q1
VANGUARD GROUP INC added47,164,455$3.2B14.2%2025-Q4 stale
Covalis Capital LLP added1,141,017$77M0.3%2025-Q4 stale
Brandywine Global Investment Management, LLC added829,120$56M0.2%2025-Q4 stale
Point72 Asset Management, L.P. added668,210$48M0.2%2025-Q3 stale
MARSHALL WACE, LLP trimmed507,581$36M0.2%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership