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-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
97 tracked funds added or opened UGI while 137 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
UGI’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 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 2025-Q4 and 2026-Q1, across 592 tracked filers holding UGI, 285 increased or opened the position and 283 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 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 23
- VANGUARD PORTFOLIO MANAGEMENT LLC$435M
- VANGUARD CAPITAL MANAGEMENT LLC$350M
- VANGUARD FIDUCIARY TRUST CO$49M
- River Road Asset Management, LLC$28M
- VANGUARD ASSET MANAGEMENT, Ltd$6M
- Atom Investors LP$3M
Full exits 36
- VANGUARD GROUP INC$838M
- Point72 Asset Management, L.P.$65M
- Meiji Yasuda Asset Management Co Ltd.$16M
- HEARTLAND ADVISORS INC$12M
- St. James Investment Company, LLC$9M
- Janney Montgomery Scott LLC$8M
Largest adds
- Hamlin Capital Management, LLC$74M
- MARSHALL WACE, LLP$58M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$45M
- NEUBERGER BERMAN GROUP LLC$33M
- D. E. Shaw & Co., Inc.$17M
- BALYASNY ASSET MANAGEMENT L.P.$17M
Largest trims
- BlackRock, Inc.$122M
- STATE STREET CORP$95M
- FIRST TRUST ADVISORS LP$50M
- Pictet Asset Management Holding SA$42M
- Invesco Ltd.$40M
- Squarepoint Ops LLC$37M
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 | 22,776,552 | $830M | 11.0% | 2026-Q1 |
| FMR LLC added | 14,079,429 | $513M | 6.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 11,930,765 | $435M | 5.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 9,605,356 | $350M | 4.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 8,427,167 | $307M | 4.1% | 2026-Q1 |
| STATE STREET CORP trimmed | 6,749,087 | $248M | 3.3% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 6,199,039 | $226M | 3.0% | 2026-Q1 |
| SNYDER CAPITAL MANAGEMENT L P trimmed | 5,366,697 | $195M | 2.6% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 5,342,372 | $195M | 2.6% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,492,133 | $164M | 2.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 3,518,196 | $128M | 1.7% | 2026-Q1 |
| NORTHERN TRUST CORP added | 3,506,047 | $128M | 1.7% | 2026-Q1 |
| MORGAN STANLEY added | 3,070,125 | $112M | 1.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,901,699 | $106M | 1.4% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,876,897 | $105M | 1.4% | 2026-Q1 |
| NORGES BANK added | 3,058,361 | $101M | 1.3% | 2026-Q1 |
| Hamlin Capital Management, LLC added | 2,639,989 | $96M | 1.3% | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp added | 2,485,146 | $91M | 1.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 2,478,451 | $90M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,462,980 | $90M | 1.2% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 1,970,523 | $72M | 1.0% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 1,887,304 | $69M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,775,356 | $65M | 0.9% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD | 1,770,406 | $64M | 0.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,654,427 | $60M | 0.8% | 2026-Q1 |
| MARSHALL WACE, LLP added | 1,616,576 | $59M | 0.8% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,593,122 | $58M | 0.8% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 1,521,047 | $55M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,332,798 | $49M | 0.6% | 2026-Q1 |
| Bragg Financial Advisors, Inc added | 1,321,705 | $48M | 0.6% | 2026-Q1 |
| Lansforsakringar Fondforvaltning AB (publ) trimmed | 1,309,086 | $48M | 0.6% | 2026-Q1 |
| Energy Income Partners, LLC added | 1,283,595 | $47M | 0.6% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,208,297 | $44M | 0.6% | 2026-Q1 |
| DIAMOND HILL CAPITAL MANAGEMENT INC added | 1,204,913 | $44M | 0.6% | 2026-Q1 |
| Artisan Partners Limited Partnership trimmed | 1,201,838 | $44M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 1,187,798 | $44M | 0.6% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 1,085,937 | $40M | 0.5% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 1,006,018 | $37M | 0.5% | 2026-Q1 |
| PRIVATE MANAGEMENT GROUP INC trimmed | 954,418 | $35M | 0.5% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 946,556 | $34M | 0.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 917,598 | $33M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 875,650 | $32M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 799,233 | $29M | 0.4% | 2026-Q1 |
| Man Group plc added | 779,141 | $28M | 0.4% | 2026-Q1 |
| River Road Asset Management, LLC new | 778,691 | $28M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 769,877 | $28M | 0.4% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 760,269 | $28M | 0.4% | 2026-Q1 |
| Arbejdsmarkedets Tillaegspension added | 693,394 | $25M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 679,174 | $25M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 671,769 | $24M | 0.3% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 664,678 | $24M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 658,892 | $24M | 0.3% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 658,293 | $24M | 0.3% | 2026-Q1 |
| Cresset Asset Management, LLC added | 637,849 | $23M | 0.3% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 632,975 | $23M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 625,245 | $23M | 0.3% | 2026-Q1 |
| Retirement Systems of Alabama added | 611,393 | $22M | 0.3% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 595,195 | $22M | 0.3% | 2026-Q1 |
| Allianz Asset Management GmbH added | 593,220 | $22M | 0.3% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 591,049 | $22M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 590,687 | $22M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 575,461 | $21M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 508,133 | $19M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 479,105 | $17M | 0.2% | 2026-Q1 |
| BURNEY CO/ trimmed | 466,361 | $17M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 460,420 | $17M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 443,772 | $16M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 435,675 | $16M | 0.2% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 432,725 | $16M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 425,000 | $15M | 0.2% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 423,971 | $15M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 386,338 | $14M | 0.2% | 2026-Q1 |
| Ancora Advisors LLC trimmed | 395,359 | $14M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 393,505 | $14M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 392,799 | $14M | 0.2% | 2026-Q1 |
| Callodine Capital Management, LP trimmed | 387,287 | $14M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 385,432 | $14M | 0.2% | 2026-Q1 |
| BW Gestao de Investimentos Ltda. trimmed | 377,800 | $14M | 0.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 372,022 | $14M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 360,783 | $13M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 357,273 | $13M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 355,530 | $13M | 0.2% | 2026-Q1 |
| SIR Capital Management, L.P. added | 352,450 | $13M | 0.2% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 346,152 | $13M | 0.2% | 2026-Q1 |
| Oxbow Advisors, LLC added | 327,315 | $12M | 0.2% | 2026-Q1 |
| ROFFMAN MILLER ASSOCIATES INC /PA/ added | 304,684 | $11M | 0.1% | 2026-Q1 |
| RPG Investment Advisory, LLC trimmed | 285,356 | $10M | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 280,077 | $10M | 0.1% | 2026-Q1 |
| Crossmark Global Holdings, Inc. added | 278,337 | $10M | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 276,266 | $10M | 0.1% | 2026-Q1 |
| Sourcerock Group LLC trimmed | 268,804 | $10M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 257,367 | $9M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 22,389,601 | $838M | 11.1% | 2025-Q4 stale |
| Point72 Asset Management, L.P. added | 1,732,942 | $65M | 0.9% | 2025-Q4 stale |
| Corvex Management LP new | 1,960,815 | $65M | 0.9% | 2025-Q1 stale |
| HG Vora Capital Management, LLC added | 1,200,000 | $40M | 0.5% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC added | 612,274 | $20M | 0.3% | 2025-Q3 stale |
| Meiji Yasuda Asset Management Co Ltd. trimmed | 431,818 | $16M | 0.2% | 2025-Q4 stale |
| HEARTLAND ADVISORS INC added | 319,000 | $12M | 0.2% | 2025-Q4 stale |
| PINEBRIDGE INVESTMENTS, L.P. added | 324,368 | $11M | 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.