Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in UNP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Employees Provident Fund Board | 204K | $22.10B | β | 0.034% | 0.03% |
| 2 | BlackRock, Inc. | 47.8M | $11.59B | -2.9% | 8.048% | 0.20% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 38.6M | $9.35B | β | 6.494% | 0.23% |
| 4 | Capital World Investors | 27.1M | $6.57B | +34.4% | 4.560% | 0.90% |
| 5 | STATE STREET CORP | 26.6M | $6.45B | +1.0% | 4.478% | 0.22% |
| 6 | Capital Research Global Investors | 16.9M | $4.10B | +54.0% | 2.848% | 0.64% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 15.9M | $3.85B | +3.3% | 2.672% | 0.24% |
| 8 | Kentucky Farm Bureau Mutual Insurance Co | 21K | $3.80B | β | 0.003% | 0.09% |
| 9 | MORGAN STANLEY | 14.9M | $3.61B | +17.8% | 2.507% | 0.22% |
| 10 | BANK OF AMERICA CORP /DE/ | 14.5M | $3.51B | +16.8% | 2.436% | 0.26% |
| 11 | VANGUARD PORTFOLIO MANAGEMENT LLC | 14.4M | $3.50B | β | 2.433% | 0.19% |
| 12 | Invesco Ltd. | 7.3M | $1.77B | +5.7% | 1.226% | 0.27% |
| 13 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 7.0M | $1.74B | -7.6% | 1.184% | 0.59% |
| 14 | NORTHERN TRUST CORP | 6.7M | $1.62B | -1.5% | 1.125% | 0.21% |
| 15 | Fisher Asset Management, LLC | 6.5M | $1.58B | +1.1% | 1.096% | 0.54% |
| 16 | UBS Group AG | 6.2M | $1.49B | +12.6% | 1.036% | 0.22% |
| 17 | CANADA PENSION PLAN INVESTMENT BOARD | 6.1M | $1.48B | +0.3% | 1.025% | 0.95% |
| 18 | FRANKLIN RESOURCES INC | 6.1M | $1.47B | -15.8% | 1.021% | 0.36% |
| 19 | UBS ASSET MANAGEMENT AMERICAS INC | 5.2M | $1.26B | +32.7% | 0.873% | 0.26% |
| 20 | AMERIPRISE FINANCIAL INC | 5.2M | $1.25B | +0.5% | 0.871% | 0.29% |
| 21 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt | 5.0M | $1.20B | -11.6% | 0.835% | 1.18% |
| 22 | GOLDMAN SACHS GROUP INC | 4.7M | $1.15B | +11.0% | 0.796% | 0.13% |
| 23 | ROYAL BANK OF CANADA | 4.6M | $1.12B | +0.5% | 0.778% | 0.20% |
| 24 | Nuveen, LLC | 4.6M | $1.12B | -0.5% | 0.777% | 0.30% |
| 25 | RAYMOND JAMES FINANCIAL INC | 4.4M | $1.07B | +6.1% | 0.741% | 0.33% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in UNP β a direct measure of their conviction.
Filings activity in UNP during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new UNP position in Q1 2026
Institutions that fully closed their UNP position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,720 | +1.8% | 88.97% | +17.89 pp | $144.04B | +25% |
| Q4 2025 | 2,672 | +3.3% | 71.08% | +0.25 pp | $115.08B | +0.3% |
| Q3 2025 | 2,586 | 1.1% | 70.83% | +4.89 pp | $114.68B | +7.4% |
| Q2 2025 | 2,616 | 0.1% | 65.94% | 1.47 pp | $106.75B | 2.2% |
| Q1 2025 | 2,619 | +0.7% | 67.41% | +1.62 pp | $109.13B | +2.5% |
| Q4 2024 | 2,602 | +2.8% | 65.79% | 4.69 pp | $106.51B | 6.7% |
| Q3 2024 | 2,532 | +2.1% | 70.48% | 15.14 pp | $114.11B | 18% |
| Q2 2024 | 2,481 | β | 85.62% | β | $138.61B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying UNP stock.
Based on Q1 2026 13F filings, institutional ownership of Union Pacific Corporation stands at 89.0%, held across 2,720 reporting institutions.
Employees Provident Fund Board is the largest reported institutional holder of UNP, with approximately 204,000 shares worth $22.10B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of UNP, including Fisher Asset Management, LLC.
Our composite Smart Money Score for UNP is 65 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
252 institutions opened new positions in UNP during Q1 2026, while 204 fully exited. 1,963 added to existing positions and 493 trimmed.
UNP institutional ownership rose by 17.89 percentage points quarter-over-quarter, with a net change of +48 holders.
The top 10 institutions account for 52.0% of all reported 13F value in UNP, and the top 25 account for 67.9%.
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.
Union Pacific Corporation (UNP) Institutional Ownership