Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in ET held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | 87.2M | $1.68B | +1.1% | 2.535% | 0.10% |
| 2 | ALPS ADVISORS INC | 86.0M | $1.66B | +2.5% | 2.498% | 7.81% |
| 3 | GOLDMAN SACHS GROUP INC | 60.4M | $1.17B | +15.0% | 1.756% | 0.13% |
| 4 | Invesco Ltd. | 56.1M | $1.08B | +2.0% | 1.630% | 0.17% |
| 5 | TORTOISE CAPITAL ADVISORS, L.L.C. | 39.5M | $761.6M | +2.0% | 1.147% | 7.93% |
| 6 | Blackstone Inc | 31.1M | $600.6M | +20.7% | 0.905% | 2.49% |
| 7 | UBS Group AG | 31.0M | $597.8M | -2.3% | 0.900% | 0.09% |
| 8 | BANK OF AMERICA CORP /DE/ | 31.0M | $597.5M | +5.7% | 0.900% | 0.04% |
| 9 | Energy Income Partners, LLC | 25.2M | $486.5M | +0.2% | 0.733% | 7.83% |
| 10 | KAYNE ANDERSON CAPITAL ADVISORS LP | 24.6M | $474.4M | +2.6% | 0.715% | 9.09% |
| 11 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 23.9M | $461.2M | +5.9% | 0.695% | 0.63% |
| 12 | FMR LLC | 23.8M | $458.5M | +7.5% | 0.691% | 0.02% |
| 13 | NATIXIS | 21.4M | $412.6M | +4.4% | 0.621% | 1.50% |
| 14 | WESTWOOD HOLDINGS GROUP INC | 17.0M | $327.8M | +5172.0% | 0.494% | 2.39% |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 16.9M | $326.5M | +6.5% | 0.492% | 0.04% |
| 16 | Neuberger Berman Group LLC | 15.8M | $305.7M | -0.7% | 0.460% | 0.23% |
| 17 | CIBC Bancorp USA Inc. | 13.5M | $260.6M | — | 0.392% | 0.35% |
| 18 | COOPERMAN LEON G | 13.3M | $257.1M | 0.0% | 0.387% | 8.43% |
| 19 | Clearbridge Investments, LLC | 13.1M | $253.0M | +0.7% | 0.381% | 0.22% |
| 20 | WELLS FARGO & COMPANY/MN | 12.5M | $241.8M | -1.7% | 0.364% | 0.05% |
| 21 | BNP PARIBAS ARBITRAGE, SA | 11.0M | $212.9M | -13.2% | 0.321% | 0.10% |
| 22 | BARCLAYS PLC | 9.9M | $190.7M | +301.4% | 0.287% | 0.08% |
| 23 | Long Focus Capital Management, LLC | 9.8M | $189.9M | +2.7% | 0.286% | 5.33% |
| 24 | BERKLEY W R CORP | 8.3M | $159.2M | 0.0% | 0.240% | 8.55% |
| 25 | CUSHING ASSET MANAGEMENT, LP | 8.0M | $154.4M | +0.1% | 0.232% | 7.68% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in ET — a direct measure of their conviction.
Filings activity in ET during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,257 | +4.1% | 29.00% | +3.62 pp | $19.02B | +14% |
| Q4 2025 | 1,208 | +2.3% | 25.38% | 1.66 pp | $16.65B | 6.1% |
| Q3 2025 | 1,181 | 1.1% | 27.04% | 9.15 pp | $17.74B | 25% |
| Q2 2025 | 1,194 | +1.9% | 36.19% | +5.77 pp | $23.74B | +19% |
| Q1 2025 | 1,172 | +2.0% | 30.42% | 2.02 pp | $19.96B | 6.2% |
| Q4 2024 | 1,149 | +8.7% | 32.44% | +5.65 pp | $21.28B | +21% |
| Q3 2024 | 1,057 | +1.9% | 26.79% | +0.45 pp | $17.57B | +1.7% |
| Q2 2024 | 1,037 | — | 26.34% | — | $17.28B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying ET stock.
Based on Q1 2026 13F filings, institutional ownership of Energy Transfer LP stands at 29.0%, held across 1,257 reporting institutions.
MORGAN STANLEY is the largest reported institutional holder of ET, with approximately 87,230,414 shares worth $1.68B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of ET, including SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for ET is 66 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
154 institutions opened new positions in ET during Q1 2026, while 105 fully exited. 1,007 added to existing positions and 92 trimmed.
ET institutional ownership rose by 3.62 percentage points quarter-over-quarter, with a net change of +49 holders.
The top 10 institutions account for 47.9% of all reported 13F value in ET, and the top 25 account for 70.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Energy Transfer LP (ET) Institutional Ownership