Who owns NFG (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-Q1 13F filings. 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
231 tracked funds added or opened NFG while 87 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
NFG’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 0.0% 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 2025-Q4 and 2026-Q1, across 651 tracked filers holding NFG, 337 increased or opened the position and 272 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 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 41
- VANGUARD PORTFOLIO MANAGEMENT LLC$735M
- VANGUARD CAPITAL MANAGEMENT LLC$399M
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$64M
- VANGUARD FIDUCIARY TRUST CO$55M
- Blackstone Inc.$55M
- REAVES W H & CO INC$30M
Full exits 29
- VANGUARD GROUP INC$965M
- VIRGINIA RETIREMENT SYSTEMS ET Al$26M
- MILLENNIUM MANAGEMENT LLC$9M
- ZACKS INVESTMENT MANAGEMENT$8M
- DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main$6M
- Verition Fund Management LLC$6M
Largest adds
- PRICE T ROWE ASSOCIATES INC /MD/$143M
- BlackRock, Inc.$66M
- LSV ASSET MANAGEMENT$66M
- STATE STREET CORP$47M
- Energy Income Partners, LLC$38M
- FIRST TRUST ADVISORS LP$37M
Largest trims
- Clark Capital Management Group, Inc.$48M
- PRUDENTIAL FINANCIAL INC$33M
- MACKENZIE FINANCIAL CORP$31M
- Invesco Ltd.$29M
- AQR CAPITAL MANAGEMENT LLC$21M
- Aventail Capital Group, LP$20M
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 8,232,162 | $773M | 10.4% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,823,429 | $735M | 9.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,246,963 | $399M | 5.4% | 2026-Q1 |
| STATE STREET CORP trimmed | 3,870,572 | $366M | 4.9% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 2,868,706 | $270M | 3.6% | 2026-Q1 |
| Energy Income Partners, LLC added | 2,589,824 | $243M | 3.3% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 2,331,863 | $219M | 2.9% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 2,230,928 | $210M | 2.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,943,537 | $183M | 2.5% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL trimmed | 1,369,326 | $129M | 1.7% | 2026-Q1 |
| MORGAN STANLEY added | 1,238,042 | $116M | 1.6% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,223,561 | $115M | 1.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,196,843 | $112M | 1.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,177,958 | $111M | 1.5% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 1,072,487 | $101M | 1.4% | 2026-Q1 |
| Yaupon Capital Management LP trimmed | 1,043,272 | $98M | 1.3% | 2026-Q1 |
| EQUITY INVESTMENT CORP trimmed | 1,023,528 | $96M | 1.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 977,341 | $92M | 1.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 947,563 | $89M | 1.2% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 935,318 | $88M | 1.2% | 2026-Q1 |
| NORGES BANK trimmed | 1,053,521 | $83M | 1.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 763,572 | $72M | 1.0% | 2026-Q1 |
| Aventail Capital Group, LP trimmed | 720,381 | $68M | 0.9% | 2026-Q1 |
| FMR LLC trimmed | 716,049 | $67M | 0.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 701,453 | $66M | 0.9% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. new | 679,680 | $64M | 0.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 614,157 | $58M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 589,005 | $55M | 0.7% | 2026-Q1 |
| Blackstone Inc. new | 586,584 | $55M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 418,889 | $40M | 0.5% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 409,457 | $38M | 0.5% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 399,654 | $38M | 0.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 394,307 | $37M | 0.5% | 2026-Q1 |
| MANAGED ASSET PORTFOLIOS, LLC added | 387,830 | $36M | 0.5% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 372,355 | $35M | 0.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 367,200 | $35M | 0.5% | 2026-Q1 |
| UBS Group AG added | 353,151 | $33M | 0.4% | 2026-Q1 |
| SEI INVESTMENTS CO added | 340,003 | $32M | 0.4% | 2026-Q1 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 336,086 | $32M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 331,754 | $31M | 0.4% | 2026-Q1 |
| TOCQUEVILLE ASSET MANAGEMENT L.P. added | 318,909 | $30M | 0.4% | 2026-Q1 |
| REAVES W H & CO INC new | 314,465 | $30M | 0.4% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 312,345 | $29M | 0.4% | 2026-Q1 |
| COHEN & STEERS, INC. added | 310,177 | $29M | 0.4% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 287,972 | $27M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 280,654 | $26M | 0.4% | 2026-Q1 |
| Arbejdsmarkedets Tillaegspension trimmed | 273,402 | $26M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 252,478 | $24M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 251,917 | $24M | 0.3% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 244,522 | $23M | 0.3% | 2026-Q1 |
| VALLEY WEALTH MANAGERS, INC. added | 244,094 | $23M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 240,282 | $23M | 0.3% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 239,704 | $23M | 0.3% | 2026-Q1 |
| Retirement Systems of Alabama added | 238,093 | $22M | 0.3% | 2026-Q1 |
| Man Group plc added | 227,716 | $21M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System added | 224,408 | $21M | 0.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 212,091 | $20M | 0.3% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 203,262 | $19M | 0.3% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 202,801 | $19M | 0.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 194,367 | $18M | 0.2% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 193,058 | $18M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 191,175 | $18M | 0.2% | 2026-Q1 |
| Covalis Capital LLP added | 182,217 | $17M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 178,600 | $17M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 175,465 | $16M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 174,228 | $16M | 0.2% | 2026-Q1 |
| 59 North Capital Management, LP new | 174,091 | $16M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 169,773 | $16M | 0.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 168,051 | $16M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 158,130 | $15M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 153,064 | $14M | 0.2% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 134,004 | $13M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 131,674 | $12M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 129,582 | $12M | 0.2% | 2026-Q1 |
| BROOKFIELD Corp /ON/ trimmed | 124,827 | $12M | 0.2% | 2026-Q1 |
| Knights of Columbus Asset Advisors LLC trimmed | 122,048 | $11M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 121,599 | $11M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH trimmed | 110,104 | $10M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 110,041 | $10M | 0.1% | 2026-Q1 |
| KAYNE ANDERSON CAPITAL ADVISORS LP added | 106,322 | $10M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 106,184 | $10M | 0.1% | 2026-Q1 |
| State of Alaska, Department of Revenue added | 106,074 | $10M | 0.1% | 2026-Q1 |
| Cardinal Capital Management added | 101,277 | $10M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 101,717 | $10M | 0.1% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 101,178 | $10M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 117,810 | $9M | 0.1% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC trimmed | 97,720 | $9M | 0.1% | 2026-Q1 |
| KWMG, LLC added | 97,232 | $9M | 0.1% | 2026-Q1 |
| Engineers Gate Manager LP trimmed | 96,201 | $9M | 0.1% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 93,920 | $9M | 0.1% | 2026-Q1 |
| IBEX WEALTH ADVISORS added | 94,273 | $9M | 0.1% | 2026-Q1 |
| OPPENHEIMER ASSET MANAGEMENT INC. trimmed | 91,951 | $9M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 91,468 | $9M | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 91,367 | $9M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 12,051,920 | $965M | 12.9% | 2025-Q4 stale |
| Poplar Forest Capital LLC trimmed | 381,605 | $30M | 0.4% | 2025-Q1 stale |
| VIRGINIA RETIREMENT SYSTEMS ET Al added | 321,220 | $26M | 0.3% | 2025-Q4 stale |
| MILLENNIUM MANAGEMENT LLC trimmed | 110,706 | $9M | 0.1% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC trimmed | 91,292 | $8M | 0.1% | 2025-Q3 stale |
| Point72 Asset Management, L.P. trimmed | 91,072 | $8M | 0.1% | 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.
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.