Who owns UGI (UGI)
Which tracked institutional funds hold UGI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See UGI 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
108 tracked funds added or opened UGI while 143 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
UGI’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 UGI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in UGI 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 580 tracked filers holding UGI, 330 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 UGI 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 22
- DEPRINCE RACE & ZOLLO INC$46M
- ADAGE CAPITAL PARTNERS GP, L.L.C.$21M
- BANK OF NOVA SCOTIA$11M
- Ilex Capital Partners (UK) LLP$4M
- Jupiter Topco LLC$3M
- NewEdge Advisors, LLC$3M
Full exits 60
- LSV ASSET MANAGEMENT$226M
- Lansforsakringar Fondforvaltning AB (publ)$48M
- Thrivent Financial for Lutherans$37M
- Qube Research & Technologies Ltd$24M
- Callodine Capital Management, LP$14M
- RPG Investment Advisory, LLC$10M
Largest adds
- AQR CAPITAL MANAGEMENT LLC$86M
- BlackRock, Inc.$85M
- River Road Asset Management, LLC$31M
- Mitsubishi UFJ Trust & Banking Corp$30M
- Russell Investments Group, Ltd.$18M
- CITADEL ADVISORS LLC$18M
Largest trims
- FEDERATED HERMES, INC.$55M
- JUPITER ASSET MANAGEMENT LTD$47M
- MARSHALL WACE, LLP$39M
- FMR LLC$30M
- NEUBERGER BERMAN GROUP LLC$24M
- MORGAN STANLEY$20M
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 | 26,463,921 | $914M | 14.5% | 2026-Q2 |
| FMR LLC trimmed | 13,986,188 | $483M | 7.7% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 12,615,116 | $436M | 6.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 9,647,183 | $333M | 5.3% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 8,201,866 | $283M | 4.5% | 2026-Q2 |
| STATE STREET CORP added | 6,869,984 | $240M | 3.8% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 5,882,917 | $203M | 3.2% | 2026-Q2 |
| SNYDER CAPITAL MANAGEMENT L P trimmed | 5,365,031 | $185M | 2.9% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,543,038 | $157M | 2.5% | 2026-Q2 |
| NORTHERN TRUST CORP added | 3,539,044 | $122M | 1.9% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp added | 3,478,438 | $120M | 1.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 3,469,229 | $120M | 1.9% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 3,280,003 | $113M | 1.8% | 2026-Q2 |
| Invesco Ltd. added | 3,050,658 | $105M | 1.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,980,373 | $103M | 1.6% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 2,797,324 | $97M | 1.5% | 2026-Q2 |
| Hamlin Capital Management, LLC added | 2,656,429 | $92M | 1.5% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,654,902 | $92M | 1.5% | 2026-Q2 |
| NORGES BANK trimmed | 2,627,450 | $91M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,471,540 | $85M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,308,567 | $80M | 1.3% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 2,115,491 | $73M | 1.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,779,937 | $61M | 1.0% | 2026-Q2 |
| Bragg Financial Advisors, Inc added | 1,732,179 | $60M | 1.0% | 2026-Q2 |
| River Road Asset Management, LLC added | 1,720,788 | $59M | 0.9% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,684,817 | $58M | 0.9% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,647,013 | $57M | 0.9% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 1,526,713 | $53M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,355,516 | $47M | 0.7% | 2026-Q2 |
| DEPRINCE RACE & ZOLLO INC new | 1,338,417 | $46M | 0.7% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 1,335,508 | $46M | 0.7% | 2026-Q2 |
| Energy Income Partners, LLC added | 1,302,403 | $45M | 0.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,248,079 | $44M | 0.7% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 1,223,700 | $42M | 0.7% | 2026-Q2 |
| Diamond Hill Capital Management, LLC (Investment Advisor) trimmed | 1,109,276 | $38M | 0.6% | 2026-Q2 |
| UBS Group AG added | 1,091,353 | $38M | 0.6% | 2026-Q2 |
| PRIVATE MANAGEMENT GROUP INC added | 1,057,888 | $37M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,028,353 | $36M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,017,500 | $35M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 895,457 | $31M | 0.5% | 2026-Q2 |
| LOOMIS SAYLES & CO L P trimmed | 884,110 | $31M | 0.5% | 2026-Q2 |
| Allianz Asset Management GmbH added | 866,355 | $31M | 0.5% | 2026-Q2 |
| Arbejdsmarkedets Tillaegspension added | 804,600 | $28M | 0.4% | 2026-Q2 |
| Artisan Partners Limited Partnership trimmed | 773,053 | $27M | 0.4% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 761,712 | $26M | 0.4% | 2026-Q2 |
| Cresset Asset Management, LLC added | 687,162 | $24M | 0.4% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 668,363 | $23M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 655,895 | $23M | 0.4% | 2026-Q2 |
| GABELLI FUNDS LLC trimmed | 629,094 | $22M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 617,962 | $21M | 0.3% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 604,346 | $21M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 599,781 | $21M | 0.3% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 596,000 | $21M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 585,364 | $20M | 0.3% | 2026-Q2 |
| Nuveen, LLC trimmed | 575,518 | $20M | 0.3% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 570,004 | $20M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 569,258 | $20M | 0.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 567,102 | $20M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 549,540 | $19M | 0.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 530,895 | $18M | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 512,102 | $18M | 0.3% | 2026-Q2 |
| HANCOCK WHITNEY CORP added | 508,978 | $18M | 0.3% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 504,023 | $17M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System added | 503,443 | $17M | 0.3% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 492,570 | $17M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 486,772 | $17M | 0.3% | 2026-Q2 |
| LPL Financial LLC added | 473,203 | $16M | 0.3% | 2026-Q2 |
| Swiss National Bank added | 430,700 | $15M | 0.2% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 428,342 | $15M | 0.2% | 2026-Q2 |
| STANSBERRY ASSET MANAGEMENT, LLC added | 427,597 | $15M | 0.2% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 426,188 | $15M | 0.2% | 2026-Q2 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 421,348 | $15M | 0.2% | 2026-Q2 |
| BURNEY CO/ trimmed | 420,531 | $15M | 0.2% | 2026-Q2 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 411,921 | $14M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 408,983 | $14M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 387,622 | $14M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 359,230 | $12M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 358,106 | $12M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 342,943 | $12M | 0.2% | 2026-Q2 |
| Oxbow Advisors, LLC added | 342,559 | $12M | 0.2% | 2026-Q2 |
| ROFFMAN MILLER ASSOCIATES INC /PA/ added | 329,841 | $11M | 0.2% | 2026-Q2 |
| Ancora Advisors LLC trimmed | 327,381 | $11M | 0.2% | 2026-Q2 |
| Crossmark Global Holdings, Inc. added | 314,833 | $11M | 0.2% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 304,423 | $11M | 0.2% | 2026-Q2 |
| Man Group plc trimmed | 292,482 | $10M | 0.2% | 2026-Q2 |
| BW Gestao de Investimentos Ltda. trimmed | 289,830 | $10M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 288,705 | $10M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 288,573 | $10M | 0.2% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 281,442 | $10M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 268,818 | $9M | 0.1% | 2026-Q2 |
| Cyndeo Wealth Partners, LLC added | 258,181 | $9M | 0.1% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 253,513 | $9M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 247,996 | $9M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 235,305 | $8M | 0.1% | 2026-Q2 |
| Cerity Partners LLC added | 227,725 | $8M | 0.1% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 215,791 | $7M | 0.1% | 2026-Q2 |
| Bridgewater Associates, LP added | 206,386 | $7M | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 204,568 | $7M | 0.1% | 2026-Q2 |
| Trexquant Investment LP added | 197,244 | $7M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 191,641 | $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.