Who owns Murphy USA (MUSA)
Which tracked institutional funds hold MUSA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MUSA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
168 tracked funds added or opened MUSA while 98 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
MUSA’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes MUSA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in MUSA 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 571 tracked filers holding MUSA, 304 increased or opened the position and 261 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 MUSA 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 48
- Qube Research & Technologies Ltd$71M
- Artisan Partners Limited Partnership$59M
- WEDGE CAPITAL MANAGEMENT L L P/NC$36M
- CAPITAL FUND MANAGEMENT S.A.$27M
- EULAV Asset Management$26M
- XTX Topco Ltd$7M
Full exits 45
- HighTower Advisors, LLC$74M
- Thrivent Financial for Lutherans$45M
- Encompass Capital Advisors LLC$44M
- BESSEMER GROUP INC$43M
- Portolan Capital Management, LLC$24M
- Interval Partners, LP$21M
Largest adds
- BlackRock, Inc.$167M
- JANE STREET GROUP, LLC$89M
- Squarepoint Ops LLC$88M
- GEODE CAPITAL MANAGEMENT, LLC$73M
- ALLIANCEBERNSTEIN L.P.$70M
- RENAISSANCE TECHNOLOGIES LLC$69M
Largest trims
- FMR LLC$343M
- River Road Asset Management, LLC$138M
- BARCLAYS PLC$121M
- JPMORGAN CHASE & CO$83M
- NEUBERGER BERMAN GROUP LLC$62M
- ARGENT CAPITAL MANAGEMENT LLC$59M
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 |
|---|---|---|---|---|
| BlackRock, Inc. added | 1,699,360 | $916M | 12.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 776,170 | $418M | 5.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 752,803 | $406M | 5.4% | 2026-Q2 |
| FMR LLC trimmed | 707,663 | $381M | 5.1% | 2026-Q2 |
| Boston Partners added | 561,246 | $303M | 4.1% | 2026-Q2 |
| STATE STREET CORP added | 557,928 | $301M | 4.0% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 480,805 | $259M | 3.5% | 2026-Q2 |
| HUNTINGTON NATIONAL BANK added | 414,719 | $223M | 3.0% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 340,182 | $183M | 2.5% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 304,067 | $161M | 2.2% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 302,862 | $163M | 2.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 292,024 | $144M | 1.9% | 2026-Q2 |
| NORGES BANK added | 275,214 | $148M | 2.0% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 263,095 | $142M | 1.9% | 2026-Q2 |
| BARCLAYS PLC trimmed | 262,887 | $142M | 1.9% | 2026-Q2 |
| MARSHALL WACE, LLP added | 245,820 | $132M | 1.8% | 2026-Q2 |
| MORGAN STANLEY added | 228,742 | $123M | 1.7% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 212,229 | $114M | 1.5% | 2026-Q2 |
| Squarepoint Ops LLC added | 187,342 | $101M | 1.4% | 2026-Q2 |
| Invesco Ltd. added | 170,266 | $92M | 1.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 167,655 | $90M | 1.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 165,989 | $89M | 1.2% | 2026-Q2 |
| Recurrent Investment Advisors LLC added | 146,263 | $79M | 1.1% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 145,439 | $78M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 143,754 | $77M | 1.0% | 2026-Q2 |
| UBS Group AG trimmed | 143,738 | $77M | 1.0% | 2026-Q2 |
| LONDON CO OF VIRGINIA trimmed | 140,208 | $76M | 1.0% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 138,875 | $75M | 1.0% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 134,299 | $72M | 1.0% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 131,308 | $71M | 0.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 128,294 | $69M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 125,159 | $67M | 0.9% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 110,425 | $60M | 0.8% | 2026-Q2 |
| Artisan Partners Limited Partnership new | 109,091 | $59M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 108,416 | $58M | 0.8% | 2026-Q2 |
| River Road Asset Management, LLC trimmed | 106,439 | $57M | 0.8% | 2026-Q2 |
| Engineers Gate Manager LP added | 103,041 | $56M | 0.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 101,010 | $54M | 0.7% | 2026-Q2 |
| Man Group plc added | 91,525 | $49M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 88,870 | $48M | 0.6% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 86,099 | $46M | 0.6% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 85,946 | $46M | 0.6% | 2026-Q2 |
| SOUTHERNSUN ASSET MANAGEMENT, LLC trimmed | 79,962 | $43M | 0.6% | 2026-Q2 |
| Fiera Capital Corp trimmed | 79,555 | $43M | 0.6% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 79,315 | $43M | 0.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 76,187 | $41M | 0.6% | 2026-Q2 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 67,158 | $36M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 66,596 | $36M | 0.5% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 66,530 | $36M | 0.5% | 2026-Q2 |
| FIL Ltd trimmed | 64,000 | $34M | 0.5% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 59,320 | $32M | 0.4% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 58,467 | $32M | 0.4% | 2026-Q2 |
| Nuveen, LLC added | 56,068 | $30M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 55,519 | $30M | 0.4% | 2026-Q2 |
| Security National Bank added | 55,343 | $30M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 52,233 | $28M | 0.4% | 2026-Q2 |
| Gotham Asset Management, LLC added | 51,413 | $28M | 0.4% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. new | 50,153 | $27M | 0.4% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 48,888 | $26M | 0.4% | 2026-Q2 |
| EULAV Asset Management new | 48,405 | $26M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 46,820 | $25M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 43,480 | $23M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 43,130 | $24M | 0.3% | 2026-Q2 |
| RIHO Partners, LLC trimmed | 40,371 | $22M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 37,982 | $20M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 37,235 | $20M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 35,161 | $19M | 0.3% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 33,501 | $18M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 33,407 | $18M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 31,340 | $17M | 0.2% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 30,482 | $16M | 0.2% | 2026-Q2 |
| PEAK6 LLC added | 29,409 | $16M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 28,611 | $15M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 27,794 | $15M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 27,102 | $15M | 0.2% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 26,690 | $14M | 0.2% | 2026-Q2 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 26,014 | $14M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 25,548 | $14M | 0.2% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 24,807 | $13M | 0.2% | 2026-Q2 |
| Bridgewater Associates, LP added | 24,628 | $13M | 0.2% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC trimmed | 23,502 | $13M | 0.2% | 2026-Q2 |
| IPG Investment Advisors LLC trimmed | 22,422 | $12M | 0.2% | 2026-Q2 |
| Leeward Investments, LLC - MA trimmed | 20,500 | $11M | 0.1% | 2026-Q2 |
| Horrell Capital Management, Inc. trimmed | 20,154 | $11M | 0.1% | 2026-Q2 |
| Aristotle Atlantic Partners, LLC trimmed | 20,038 | $11M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 19,551 | $11M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 19,320 | $10M | 0.1% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ trimmed | 19,111 | $10M | 0.1% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC added | 18,047 | $10M | 0.1% | 2026-Q2 |
| HEARTLAND ADVISORS INC trimmed | 17,732 | $10M | 0.1% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 17,385 | $9M | 0.1% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 15,891 | $9M | 0.1% | 2026-Q2 |
| WHITTIER TRUST CO trimmed | 15,814 | $9M | 0.1% | 2026-Q2 |
| STEPHENS INC /AR/ trimmed | 15,670 | $8M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 15,603 | $8M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 14,853 | $8M | 0.1% | 2026-Q2 |
| Moran Wealth Management, LLC trimmed | 14,598 | $8M | 0.1% | 2026-Q2 |
| Illinois Municipal Retirement Fund added | 14,374 | $8M | 0.1% | 2026-Q2 |
| Horizon Investments, LLC added | 13,943 | $8M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd trimmed | 13,882 | $7M | 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.