Who owns National Fuel Gas (NFG)
Which tracked institutional funds hold NFG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NFG 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
The tracked-fund tape on NFG is one-sided between 2026-Q1 and 2026-Q2: 70 added or opened and 245 trimmed or exited — on balance reducing.
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
NFG’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 NFG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in NFG 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 606 tracked filers holding NFG, 329 increased or opened the position and 300 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 NFG 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 27
- Sound Shore Management Inc /CT/$70M
- LOOMIS SAYLES & CO L P$11M
- Holocene Advisors, LP$4M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$4M
- Y-Intercept (Hong Kong) Ltd$4M
- Ilex Capital Partners (UK) LLP$3M
Full exits 67
- LSV ASSET MANAGEMENT$210M
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$64M
- JUPITER ASSET MANAGEMENT LTD$38M
- COHEN & STEERS, INC.$29M
- NATIXIS ADVISORS, LLC$18M
- 59 North Capital Management, LP$16M
Largest adds
- Blackstone Inc.$40M
- AQR CAPITAL MANAGEMENT LLC$40M
- Yaupon Capital Management LP$22M
- NEUBERGER BERMAN GROUP LLC$13M
- Beacon Pointe Advisors, LLC$9M
- Gotham Asset Management, LLC$9M
Largest trims
- VANGUARD PORTFOLIO MANAGEMENT LLC$115M
- PRICE T ROWE ASSOCIATES INC /MD/$87M
- VANGUARD CAPITAL MANAGEMENT LLC$68M
- FMR LLC$55M
- VICTORY CAPITAL MANAGEMENT INC$41M
- GABELLI FUNDS LLC$39M
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 | 9,695,230 | $749M | 14.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 8,030,342 | $620M | 11.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 4,284,248 | $331M | 6.2% | 2026-Q2 |
| STATE STREET CORP added | 4,198,608 | $326M | 6.1% | 2026-Q2 |
| Energy Income Partners, LLC added | 2,995,843 | $231M | 4.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 2,359,113 | $182M | 3.4% | 2026-Q2 |
| GABELLI FUNDS LLC trimmed | 2,326,363 | $180M | 3.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,969,955 | $152M | 2.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,964,373 | $152M | 2.8% | 2026-Q2 |
| Yaupon Capital Management LP added | 1,559,618 | $120M | 2.3% | 2026-Q2 |
| GAMCO INVESTORS, INC. ET AL added | 1,370,347 | $106M | 2.0% | 2026-Q2 |
| MORGAN STANLEY added | 1,367,831 | $106M | 2.0% | 2026-Q2 |
| Blackstone Inc. added | 1,235,399 | $95M | 1.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,215,038 | $94M | 1.8% | 2026-Q2 |
| NORGES BANK added | 1,091,535 | $84M | 1.6% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 1,067,005 | $82M | 1.5% | 2026-Q2 |
| EQUITY INVESTMENT CORP trimmed | 1,012,957 | $78M | 1.5% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 986,838 | $76M | 1.4% | 2026-Q2 |
| Invesco Ltd. added | 969,887 | $75M | 1.4% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 959,280 | $74M | 1.4% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 932,396 | $72M | 1.3% | 2026-Q2 |
| Sound Shore Management Inc /CT/ new | 902,778 | $70M | 1.3% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 885,116 | $68M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 755,644 | $58M | 1.1% | 2026-Q2 |
| Aventail Capital Group, LP added | 721,306 | $56M | 1.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 612,436 | $47M | 0.9% | 2026-Q2 |
| Gotham Asset Management, LLC added | 601,260 | $46M | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 600,686 | $46M | 0.9% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 495,657 | $38M | 0.7% | 2026-Q2 |
| TOCQUEVILLE ASSET MANAGEMENT L.P. added | 447,498 | $35M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 425,072 | $34M | 0.6% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 418,447 | $32M | 0.6% | 2026-Q2 |
| MANAGED ASSET PORTFOLIOS, LLC added | 393,623 | $30M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 387,453 | $30M | 0.6% | 2026-Q2 |
| Arbejdsmarkedets Tillaegspension added | 360,100 | $28M | 0.5% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 334,768 | $26M | 0.5% | 2026-Q2 |
| VIRGINIA RETIREMENT SYSTEMS ET Al added | 330,120 | $25M | 0.5% | 2026-Q2 |
| REAVES W H & CO INC | 314,465 | $24M | 0.5% | 2026-Q2 |
| ProShare Advisors LLC trimmed | 309,012 | $24M | 0.4% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 299,232 | $23M | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 284,665 | $22M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 283,747 | $22M | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 268,068 | $21M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 266,195 | $21M | 0.4% | 2026-Q2 |
| VALLEY WEALTH MANAGERS, INC. added | 259,924 | $20M | 0.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 258,500 | $20M | 0.4% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 242,195 | $19M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System added | 227,693 | $18M | 0.3% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 219,894 | $17M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 215,756 | $17M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 197,845 | $15M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 197,723 | $15M | 0.3% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 197,552 | $15M | 0.3% | 2026-Q2 |
| Swiss National Bank added | 181,100 | $14M | 0.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 170,124 | $13M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 168,217 | $13M | 0.2% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 164,890 | $13M | 0.2% | 2026-Q2 |
| FMR LLC trimmed | 159,606 | $12M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 155,651 | $12M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 149,237 | $14M | 0.3% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 147,202 | $11M | 0.2% | 2026-Q2 |
| LOOMIS SAYLES & CO L P added | 141,839 | $11M | 0.2% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 134,822 | $10M | 0.2% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 132,640 | $10M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 132,545 | $10M | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 130,869 | $10M | 0.2% | 2026-Q2 |
| Knights of Columbus Asset Advisors LLC added | 123,205 | $10M | 0.2% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 114,012 | $9M | 0.2% | 2026-Q2 |
| Allianz Asset Management GmbH added | 110,332 | $10M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 104,756 | $8M | 0.2% | 2026-Q2 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 103,391 | $8M | 0.1% | 2026-Q2 |
| Cardinal Capital Management trimmed | 100,653 | $8M | 0.1% | 2026-Q2 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 99,990 | $8M | 0.1% | 2026-Q2 |
| LPL Financial LLC trimmed | 98,750 | $8M | 0.1% | 2026-Q2 |
| KWMG, LLC added | 98,705 | $8M | 0.1% | 2026-Q2 |
| IBEX WEALTH ADVISORS added | 97,141 | $8M | 0.1% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB added | 95,347 | $7M | 0.1% | 2026-Q2 |
| Ensign Peak Advisors, Inc added | 90,409 | $7M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 88,973 | $7M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 88,546 | $7M | 0.1% | 2026-Q2 |
| Meiji Yasuda Asset Management Co Ltd. added | 88,384 | $7M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 86,607 | $7M | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP trimmed | 85,524 | $7M | 0.1% | 2026-Q2 |
| Rodgers Brothers Inc. added | 83,495 | $6M | 0.1% | 2026-Q2 |
| Man Group plc trimmed | 82,115 | $6M | 0.1% | 2026-Q2 |
| HENNESSY ADVISORS INC added | 81,256 | $6M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 78,220 | $6M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 76,952 | $6M | 0.1% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 75,776 | $6M | 0.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 71,119 | $5M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 67,070 | $5M | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 65,423 | $5M | 0.1% | 2026-Q2 |
| Phocas Financial Corp. trimmed | 65,417 | $5M | 0.1% | 2026-Q2 |
| Bernzott Capital Advisors trimmed | 64,287 | $5M | 0.1% | 2026-Q2 |
| Covalis Capital LLP trimmed | 64,082 | $5M | 0.1% | 2026-Q2 |
| Creative Planning added | 63,972 | $5M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 63,762 | $5M | 0.1% | 2026-Q2 |
| Mariner, LLC added | 61,281 | $5M | 0.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 60,712 | $5M | 0.1% | 2026-Q2 |
| OPPENHEIMER & CO INC trimmed | 60,471 | $5M | 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.