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Energy Transfer LP

ET
Exchange
NYSE
Industry
Natural Gas Transmission
SEC CIK
0001276187

In the last 90 days, Energy Transfer LP insiders filed 2 open-market purchases and 0 sales; 1,304 institutions reported holding it in 13F filings for Q2 2026, worth $21.1B in total; Appaloosa is the only superinvestor holding it.

Other share classesET.PI

13F holders, Q4 2025

Institutional positions in Energy Transfer LP as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,262
+63 vs. Q3 2025
Shares held
1.03B
−11.4M (−1.1%) vs. Q3 2025
Total value
$16.9B
−$876.9M (−4.9%) vs. Q3 2025
New holders
153
506 more added
Sold out
90
354 more reduced

27 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ET on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,262 institutions
Q1 2021: 738 institutionsQ2 2021: 752 institutionsQ3 2021: 773 institutionsQ4 2021: 811 institutionsQ1 2022: 829 institutionsQ2 2022: 845 institutionsQ3 2022: 854 institutionsQ4 2022: 915 institutionsQ1 2023: 932 institutionsQ2 2023: 955 institutionsQ3 2023: 965 institutionsQ4 2023: 1,056 institutionsQ1 2024: 1,059 institutionsQ2 2024: 1,081 institutionsQ3 2024: 1,100 institutionsQ4 2024: 1,206 institutionsQ1 2025: 1,215 institutionsQ2 2025: 1,235 institutionsQ3 2025: 1,226 institutionsQ4 2025: 1,262 institutionsQ1 2026: 1,304 institutionsQ2 2026: 1,304 institutions
Value heldQ4 2025: $16.9B
Q1 2021: $7.83BQ2 2021: $10.8BQ3 2021: $9.79BQ4 2021: $9.66BQ1 2022: $13.6BQ2 2022: $12.0BQ3 2022: $13.0BQ4 2022: $13.7BQ1 2023: $13.8BQ2 2023: $13.7BQ3 2023: $15.1BQ4 2023: $15.8BQ1 2024: $17.7BQ2 2024: $18.2BQ3 2024: $18.1BQ4 2024: $22.4BQ1 2025: $20.5BQ2 2025: $19.6BQ3 2025: $17.9BQ4 2025: $16.9BQ1 2026: $20.9BQ2 2026: $21.1B
Institutions holding ET and their total value by quarter
QuarterHoldersValue
Q2 20261,304$21.1B
Q1 20261,304$20.9B
Q4 20251,262$16.9B
Q3 20251,226$17.9B
Q2 20251,235$19.6B
Q1 20251,215$20.5B
Q4 20241,206$22.4B
Q3 20241,100$18.1B
Q2 20241,081$18.2B
Q1 20241,059$17.7B
Q4 20231,056$15.8B
Q3 2023965$15.1B
Q2 2023955$13.7B
Q1 2023932$13.8B
Q4 2022915$13.7B
Q3 2022854$13.0B
Q2 2022845$12.0B
Q1 2022829$13.6B
Q4 2021811$9.66B
Q3 2021773$9.79B
Q2 2021752$10.8B
Q1 2021738$7.83B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Energy Transfer LP; share changes are against Q3 2025.

Institutions holding ET in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley86,310,272$1.42B0.08%+25,366,594+41.6%Added
Alps Advisors Inc83,843,087$1.38B8.05%+6,192,066+8.0%Added
Invesco Ltd.54,994,321$906.9M0.09%−2,868,345−5.0%Reduced
Goldman Sachs Group Inc51,639,443$851.5M0.12%−3,929,342−7.1%Reduced
Tortoise Capital Advisors, L.L.C.38,675,828$637.8M8.12%+103,245+0.3%Added
JPMorgan Chase & Co36,713,535$605.4M0.04%−8,101,108−18.1%Reduced
UBS Group AG31,487,387$519.2M0.10%−2,652,268−7.8%Reduced
Bank of America Corp29,299,749$483.2M0.04%+1,279,908+4.6%Added
Blackstone Group Inc.25,775,241$425.0M1.85%−12,765,069−33.1%Reduced
Energy Income Partners, LLC25,158,105$414.9M7.51%+1,806,922+7.7%Added
Kayne Anderson Capital Advisors LP23,954,947$395.0M8.97%−12,005−0.1%Reduced
First Reserve GP XIII Ltd23,340,380$384.9M87.28%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.22,562,363$372.1M0.56%+663,943+3.0%Added
FMR LLC22,089,457$364.3M0.02%−7,395,384−25.1%Reduced
Natixis20,484,524$337.8M1.33%+2,900,000+16.5%Added
Neuberger Berman Group LLC15,948,816$263.0M0.20%−155,405−1.0%Reduced
Chickasaw Capital Management LLC15,496,547$255.5M10.53%−219,141−1.4%Reduced
CIBC Private Wealth Group, LLC15,366,720$253.4M0.43%+28,105+0.2%Added
Cooperman Leon G13,320,100$219.6M7.29%+225,100+1.7%Added
Clearbridge Investments, LLC13,014,994$214.6M0.17%+374,000+3.0%Added
Wells Fargo & Company12,749,768$210.2M0.04%+928,869+7.9%Added
BNP Paribas Arbitrage, SA12,704,798$209.5M0.13%+1,640,021+14.8%Added
Berkley W R Corp8,250,000$136.0M7.61%+1,000,000+13.8%Added
Cushing Asset Management, LP7,991,600$131.8M7.56%−220,000−2.7%Reduced
LPL Financial LLC7,696,319$126.9M0.03%+235,863+3.2%Added
Raymond James Financial Inc7,446,529$122.8M0.04%+418,427+6.0%Added
Brookfield Asset Management Inc.7,063,419$116.5M0.14%−3,113,813−30.6%Reduced
Eagle Global Advisors LLC6,511,883$107.4M3.97%+45,824+0.7%Added
Stifel Financial Corp6,437,645$106.2M0.10%+71,832+1.1%Added
Abrams Capital Management, L.P.SuperinvestorAbrams Capital6,115,417$100.8M1.78%−90,360−1.5%Reduced
Susquehanna International Group, LLP5,994,247$98.8M0.14%+2,026,429+51.1%Added
Stephens Group, LLC5,574,335$91.9M49.57%00.0%Unchanged
Garrett Wealth Advisory Group, LLC5,478,810$90.3M17.07%+3370.0%Added
Recurrent Investment Advisors LLC5,351,355$88.2M6.52%+364,412+7.3%Added
Patient Capital Management, LLC5,272,875$86.9M3.36%+384,737+7.9%Added
Miller Howard Investments Inc5,229,111$86.2M2.60%−122,034−2.3%Reduced
Commerce Bank4,992,394$82.3M0.45%−1,7210.0%Reduced
Citigroup Inc4,855,095$80.1M0.05%−1,065,564−18.0%Reduced
Fractal Investments LLC4,797,715$79.1M11.05%00.0%Unchanged
Royal Bank of Canada4,744,393$78.2M0.01%+17,637+0.4%Added
Rockefeller Capital Management L.P.4,544,553$74.9M0.13%+578,137+14.6%Added
BlackRock, Inc.3,965,350$65.4M0.00%−24,997−0.6%Reduced
Pinnacle Wealth Planning Services, Inc.3,835,590$63.2M6.60%−22,200−0.6%Reduced
Duff & Phelps Investment Management Co3,765,800$62.1M0.70%−137,664−3.5%Reduced
Chicago Partners Investment Group LLC3,383,649$60.9M1.50%+44,143+1.3%Added
HRT Financial LP3,458,111$57.0M0.18%+1,086,576+45.8%Added
Long Focus Capital Management, LLC3,342,400$55.1M2.74%00.0%Unchanged
Americana Partners, LLC3,186,247$52.5M1.44%+377,224+13.4%Added
Cohen & Steers, Inc.3,052,066$50.3M0.09%+459,138+17.7%Added
Longfellow Investment Management Co LLC3,028,233$49.9M11.26%+1,090,165+56.3%Added
Infrastructure Capital Advisors, LLC3,027,317$49.9M5.50%−75,000−2.4%Reduced
Maryland State Retirement & Pension System2,979,123$49.1M1.01%+51,687+1.8%Added
Bank of Montreal2,891,026$47.7M0.02%+139,336+5.1%Added
Progeny 3, Inc.2,875,485$47.4M2.55%+75,100+2.7%Added
Advisor Group Holdings, Inc.2,856,825$47.1M0.07%−145,122−4.8%Reduced
Employees Retirement System of Texas2,834,057$46.7M0.38%−50,800−1.8%Reduced
HighTower Advisors, LLC2,719,258$44.8M0.05%−389,042−12.5%Reduced
Philosophy Capital Management LLC2,683,629$44.3M5.18%+145,398+5.7%Added
Jump Financial, LLC2,585,439$42.6M0.53%+1,444,449+126.6%Added
HSBC Holdings PLC2,563,415$42.1M0.02%00.0%Unchanged
Barclays PLC2,461,768$40.6M0.02%+84,708+3.6%Added
Kamunting Street Capital Management, L.P.2,316,210$38.2M26.05%−63,242−2.7%Reduced
Appaloosa LPSuperinvestorAppaloosa2,191,250$36.1M0.53%−2,765,985−55.8%Reduced
Cetera Investment Advisers2,185,998$36.0M0.04%+154,352+7.6%Added
Allianz Asset Management GmbH2,154,999$35.5M0.04%−412,015−16.1%Reduced
Northside Capital Management, LLC2,106,079$34.7M3.02%+31,462+1.5%Added
Nuveen, LLC2,100,529$34.6M0.01%−114,197−5.2%Reduced
Walnut Private Equity Partners, LLC2,047,500$33.8M19.64%+10,000+0.5%Added
Catalyst Capital Advisors LLC2,014,200$33.2M0.68%−142,205−6.6%Reduced
Cambridge Investment Research Advisors, Inc.2,010,418$33.2M0.09%−112,119−5.3%Reduced
Zurich Insurance Group Ltd1,990,834$32.8M0.23%−1,713,043−46.2%Reduced
SG Americas Securities, LLC1,940,500$32.0M0.04%+1,264,627+187.1%Added
CI Private Wealth, LLC1,880,623$31.0M0.04%+33,344+1.8%Added
Exchange Traded Concepts, LLC1,860,369$30.7M0.26%+253,543+15.8%Added
Mariner, LLC1,825,681$30.1M0.04%+1,674+0.1%Added
Commonwealth Equity Services, LLC1,806,727$29.8M0.04%−58,981−3.2%Reduced
Beacon Pointe Advisors, LLC1,665,104$27.5M0.19%−138,402−7.7%Reduced
Sanctuary Advisors, LLC1,630,707$26.9M0.15%+4,877+0.3%Added
Callodine Capital Management, LP1,585,000$26.1M2.10%+215,000+15.7%Added
U.S. Capital Wealth Advisors, LLC1,560,110$25.7M0.67%+129,489+9.1%Added
Jane Street Group, LLC1,557,918$25.7M0.03%+1,529,987+5,477.7%Added
Jennison Associates LLC1,514,712$25.0M0.01%−84,029−5.3%Reduced
Adams Asset Advisors, LLC1,422,619$23.5M3.09%+6,125+0.4%Added
Delphi Financial Group, Inc.1,421,945$23.4M11.71%00.0%Unchanged
Warren Averett Asset Management, LLC1,410,878$23.3M0.19%+122,070+9.5%Added
Stephens Inc1,381,332$22.8M0.28%−16,910−1.2%Reduced
Alden Global Capital LLC1,370,511$22.6M11.77%00.0%Unchanged
Group One Trading, L.P.1,366,202$22.5M0.67%+609,593+80.6%Added
Moneta Group Investment Advisors LLC1,343,639$22.2M0.17%−18,686−1.4%Reduced
Empowered Funds, LLC1,332,685$22.0M0.37%+244,134+22.4%Added
Texas Yale Capital Corp.1,311,965$21.6M0.66%+75,700+6.1%Added
Gabelli Funds LLC1,310,925$21.6M0.15%+14,725+1.1%Added
Aptus Capital Advisors, LLC1,235,964$20.4M0.17%+23,537+1.9%Added
Kestra Advisory Services, LLC1,202,853$19.8M0.08%+2700.0%Added
RR Advisors, LLC1,179,867$19.5M6.08%−1,324,133−52.9%Reduced
Blackhill Capital Inc1,160,000$19.1M0.98%+460,000+65.7%Added
Wealth Enhancement Advisory Services, LLC1,091,436$17.7M0.02%−32,756−2.9%Reduced
Prospera Financial Services Inc1,057,943$17.4M0.29%+5,967+0.6%Added
Envestnet Asset Management Inc1,024,221$16.9M0.01%+11,868+1.2%Added
General American Investors Co Inc1,020,030$16.8M1.05%00.0%Unchanged