Who owns Energy Transfer (ET)
Which tracked institutional funds hold ET, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ET company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
144 tracked funds added or opened ET while 192 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
ET’s largest tracked holder by dollar value, ALPS ADVISORS INC, sizes it at 7.8% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 7.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ET 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 2026-Q1 and 2026-Q2, across 1239 tracked filers holding ET, 607 increased or opened the position and 485 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
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 ET between the 2026-Q1 and 2026-Q2 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 17
- NewEdge Advisors, LLC$18M
- Lionhunter Capital Management, LLC$4M
- Global Retirement Partners, LLC$3M
- AXXCESS WEALTH MANAGEMENT, LLC$3M
- DV Trading LLC$2M
- Capital Asset Advisory Services LLC$2M
Full exits 67
- CHICKASAW CAPITAL MANAGEMENT LLC$299M
- CITADEL ADVISORS LLC$92M
- HRT FINANCIAL LP$88M
- COHEN & STEERS, INC.$69M
- Employees Retirement System of Texas$65M
- HighTower Advisors, LLC$54M
Largest adds
- JPMORGAN CHASE & CO$131M
- Blackstone Inc.$84M
- MIZUHO MARKETS AMERICAS LLC$66M
- INFRASTRUCTURE CAPITAL ADVISORS, LLC$58M
- Brookfield Corp /ON/$39M
- SCS Capital Management LLC$35M
Largest trims
- BANK OF AMERICA CORP /DE/$59M
- BARCLAYS PLC$54M
- MORGAN STANLEY$44M
- FMR LLC$38M
- TORTOISE CAPITAL ADVISORS, L.L.C.$35M
- Invesco Ltd.$29M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ALPS ADVISORS INC added | 86,904,208 | $1.7B | 9.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 85,614,431 | $1.6B | 9.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 81,080,493 | $1.5B | 8.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 62,819,419 | $1.2B | 6.6% | 2026-Q2 |
| Invesco Ltd. trimmed | 54,927,735 | $1.1B | 5.7% | 2026-Q2 |
| TORTOISE CAPITAL ADVISORS, L.L.C. trimmed | 37,997,055 | $727M | 4.0% | 2026-Q2 |
| Blackstone Inc. added | 35,782,842 | $684M | 3.7% | 2026-Q2 |
| UBS Group AG trimmed | 30,548,239 | $584M | 3.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 28,139,938 | $538M | 2.9% | 2026-Q2 |
| Energy Income Partners, LLC added | 25,654,536 | $491M | 2.7% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 24,415,955 | $467M | 2.6% | 2026-Q2 |
| KAYNE ANDERSON CAPITAL ADVISORS LP trimmed | 24,166,229 | $462M | 2.5% | 2026-Q2 |
| FMR LLC trimmed | 21,972,865 | $420M | 2.3% | 2026-Q2 |
| NATIXIS added | 21,401,124 | $409M | 2.2% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 16,825,892 | $322M | 1.8% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 16,691,083 | $319M | 1.7% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 13,526,220 | $259M | 1.4% | 2026-Q2 |
| COOPERMAN LEON G | 13,320,100 | $255M | 1.4% | 2026-Q2 |
| Clearbridge Investments, LLC added | 13,308,051 | $254M | 1.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 12,910,870 | $247M | 1.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 10,348,108 | $198M | 1.1% | 2026-Q2 |
| Brookfield Corp /ON/ added | 8,528,558 | $163M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 8,458,495 | $162M | 0.9% | 2026-Q2 |
| BERKLEY W R CORP | 8,250,000 | $158M | 0.9% | 2026-Q2 |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT trimmed | 7,923,600 | $151M | 0.8% | 2026-Q2 |
| LPL Financial LLC added | 7,510,573 | $144M | 0.8% | 2026-Q2 |
| BARCLAYS PLC trimmed | 7,152,174 | $137M | 0.7% | 2026-Q2 |
| MIZUHO MARKETS AMERICAS LLC added | 6,703,300 | $128M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 6,570,729 | $126M | 0.7% | 2026-Q2 |
| EAGLE GLOBAL ADVISORS LLC trimmed | 6,377,126 | $122M | 0.7% | 2026-Q2 |
| Patient Capital Management, LLC trimmed | 6,080,678 | $116M | 0.6% | 2026-Q2 |
| Recurrent Investment Advisors LLC added | 5,935,394 | $113M | 0.6% | 2026-Q2 |
| CITIGROUP INC added | 5,728,052 | $110M | 0.6% | 2026-Q2 |
| Garrett Wealth Advisory Group, LLC added | 5,479,943 | $105M | 0.6% | 2026-Q2 |
| Fractal Investments LLC added | 5,471,353 | $105M | 0.6% | 2026-Q2 |
| Stephens Group, LLC | 5,444,597 | $104M | 0.6% | 2026-Q2 |
| MILLER HOWARD INVESTMENTS INC /NY added | 5,314,984 | $102M | 0.6% | 2026-Q2 |
| COMMERCE BANK trimmed | 5,025,345 | $96M | 0.5% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 4,922,389 | $94M | 0.5% | 2026-Q2 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO added | 4,359,713 | $83M | 0.5% | 2026-Q2 |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC trimmed | 4,163,933 | $80M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 4,028,190 | $77M | 0.4% | 2026-Q2 |
| BlackRock, Inc. added | 4,017,925 | $77M | 0.4% | 2026-Q2 |
| Americana Partners, LLC added | 3,553,524 | $68M | 0.4% | 2026-Q2 |
| Chicago Partners Investment Group LLC trimmed | 3,426,520 | $70M | 0.4% | 2026-Q2 |
| Long Focus Capital Management, LLC | 3,342,400 | $64M | 0.3% | 2026-Q2 |
| Maryland State Retirement & Pension System added | 2,999,375 | $57M | 0.3% | 2026-Q2 |
| Allianz Asset Management GmbH added | 2,957,838 | $57M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 2,951,302 | $56M | 0.3% | 2026-Q2 |
| Progeny 3, Inc. | 2,743,907 | $52M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,432,085 | $47M | 0.3% | 2026-Q2 |
| Philosophy Capital Management LLC added | 2,420,488 | $46M | 0.3% | 2026-Q2 |
| MAI Capital Management added | 2,201,342 | $42M | 0.2% | 2026-Q2 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | 2,188,737 | $42M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 2,186,459 | $42M | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 2,159,697 | $41M | 0.2% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. trimmed | 2,146,965 | $41M | 0.2% | 2026-Q2 |
| KIM, LLC | 2,074,034 | $24M | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 2,065,797 | $39M | 0.2% | 2026-Q2 |
| WALNUT PRIVATE EQUITY PARTNERS, LLC added | 2,048,500 | $39M | 0.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 2,011,589 | $38M | 0.2% | 2026-Q2 |
| Northside Capital Management, LLC trimmed | 2,009,253 | $38M | 0.2% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI | 1,990,834 | $38M | 0.2% | 2026-Q2 |
| SCS Capital Management LLC added | 1,942,908 | $37M | 0.2% | 2026-Q2 |
| Catalyst Capital Advisors LLC | 1,939,020 | $37M | 0.2% | 2026-Q2 |
| Callodine Capital Management, LP | 1,875,000 | $36M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 1,874,897 | $36M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP added | 1,868,875 | $36M | 0.2% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 1,808,467 | $35M | 0.2% | 2026-Q2 |
| JENNISON ASSOCIATES LLC added | 1,802,685 | $34M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 1,798,437 | $34M | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 1,743,645 | $33M | 0.2% | 2026-Q2 |
| Empowered Funds, LLC trimmed | 1,669,064 | $32M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,664,471 | $32M | 0.2% | 2026-Q2 |
| Tidal Investments LLC added | 1,611,509 | $31M | 0.2% | 2026-Q2 |
| Indivisible Partners added | 1,610,667 | $31M | 0.2% | 2026-Q2 |
| NEOS Investment Management LLC added | 1,584,634 | $30M | 0.2% | 2026-Q2 |
| Appaloosa LP | 1,576,125 | $30M | 0.2% | 2026-Q2 |
| Private Capital Advisors, Inc. added | 1,510,980 | $29M | 0.2% | 2026-Q2 |
| STEPHENS INC /AR/ added | 1,479,489 | $28M | 0.2% | 2026-Q2 |
| Adams Asset Advisors, LLC added | 1,473,560 | $28M | 0.2% | 2026-Q2 |
| Delphi Financial Group, Inc. | 1,421,945 | $27M | 0.1% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 1,418,032 | $27M | 0.1% | 2026-Q2 |
| Kamunting Street Capital Management, L.P. trimmed | 1,404,742 | $27M | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 1,390,296 | $27M | 0.1% | 2026-Q2 |
| Alden Global Capital LLC | 1,370,511 | $26M | 0.1% | 2026-Q2 |
| Tema ETFs LLC added | 1,366,371 | $26M | 0.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 1,352,643 | $26M | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 1,349,804 | $26M | 0.1% | 2026-Q2 |
| Texas Yale Capital Corp. added | 1,318,903 | $25M | 0.1% | 2026-Q2 |
| GABELLI FUNDS LLC trimmed | 1,280,525 | $24M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,244,157 | $24M | 0.1% | 2026-Q2 |
| RR Advisors, LLC | 1,235,260 | $24M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,233,500 | $24M | 0.1% | 2026-Q2 |
| MANNING & NAPIER ADVISORS LLC | 1,100,000 | $21M | 0.1% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 1,062,395 | $20M | 0.1% | 2026-Q2 |
| Empirical Finance, LLC trimmed | 1,037,614 | $20M | 0.1% | 2026-Q2 |
| GENERAL AMERICAN INVESTORS CO INC | 1,020,030 | $20M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 1,011,197 | $19M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,009,594 | $19M | 0.1% | 2026-Q2 |
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.
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.