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National Fuel Gas Co

NFG
Exchange
NYSE
Industry
Natural Gas Distribution
SEC CIK
0000070145

No open-market purchases or sales by National Fuel Gas Co insiders were filed in the last 90 days; 655 institutions reported holding it in 13F filings for Q2 2026, worth $6.17B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in National Fuel Gas Co 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
621
+17 vs. Q3 2025
Shares held
75.0M
+6.16M (+8.9%) vs. Q3 2025
Total value
$6.01B
−$352.9M (−5.5%) vs. Q3 2025
New holders
91
214 more added
Sold out
74
218 more reduced

17 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 NFG 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: 621 institutions
Q1 2021: 346 institutionsQ2 2021: 341 institutionsQ3 2021: 365 institutionsQ4 2021: 405 institutionsQ1 2022: 411 institutionsQ2 2022: 437 institutionsQ3 2022: 456 institutionsQ4 2022: 474 institutionsQ1 2023: 433 institutionsQ2 2023: 417 institutionsQ3 2023: 433 institutionsQ4 2023: 426 institutionsQ1 2024: 422 institutionsQ2 2024: 452 institutionsQ3 2024: 481 institutionsQ4 2024: 493 institutionsQ1 2025: 575 institutionsQ2 2025: 585 institutionsQ3 2025: 621 institutionsQ4 2025: 621 institutionsQ1 2026: 661 institutionsQ2 2026: 655 institutions
Value heldQ4 2025: $6.01B
Q1 2021: $3.25BQ2 2021: $3.45BQ3 2021: $3.41BQ4 2021: $4.23BQ1 2022: $4.65BQ2 2022: $4.50BQ3 2022: $4.13BQ4 2022: $4.33BQ1 2023: $3.98BQ2 2023: $3.54BQ3 2023: $3.56BQ4 2023: $3.42BQ1 2024: $3.73BQ2 2024: $3.76BQ3 2024: $4.14BQ4 2024: $4.17BQ1 2025: $5.56BQ2 2025: $5.90BQ3 2025: $6.39BQ4 2025: $6.01BQ1 2026: $7.14BQ2 2026: $6.17B
Institutions holding NFG and their total value by quarter
QuarterHoldersValue
Q2 2026655$6.17B
Q1 2026661$7.14B
Q4 2025621$6.01B
Q3 2025621$6.39B
Q2 2025585$5.90B
Q1 2025575$5.56B
Q4 2024493$4.17B
Q3 2024481$4.14B
Q2 2024452$3.76B
Q1 2024422$3.73B
Q4 2023426$3.42B
Q3 2023433$3.56B
Q2 2023417$3.54B
Q1 2023433$3.98B
Q4 2022474$4.33B
Q3 2022456$4.13B
Q2 2022437$4.50B
Q1 2022411$4.65B
Q4 2021405$4.23B
Q3 2021365$3.41B
Q2 2021341$3.45B
Q1 2021346$3.25B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding National Fuel Gas Co; share changes are against Q3 2025.

Institutions holding NFG in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc12,170,906$974.4M0.01%−60,166−0.5%Reduced
BlackRock, Inc.8,831,364$707.0M0.01%+46,240+0.5%Added
State Street Corp3,951,177$318.4M0.01%+15,960+0.4%Added
Energy Income Partners, LLC2,561,069$205.0M3.71%+267,653+11.7%Added
Gabelli Funds LLC2,355,282$188.6M1.28%−3,800−0.2%Reduced
Geode Capital Management, LLC1,816,217$145.4M0.01%+121,099+7.1%Added
LSV Asset Management1,799,250$144.0M0.31%−46,200−2.5%Reduced
AQR Capital Management LLC1,666,119$133.4M0.07%−472,034−22.1%Reduced
Price T Rowe Associates Inc1,582,782$126.7M0.01%+1,372,742+653.6%Added
Gamco Investors, Inc. Et Al1,445,601$115.7M1.11%+37,056+2.6%Added
Victory Capital Management Inc1,260,532$100.9M0.06%+546,337+76.5%Added
Invesco Ltd.1,258,605$100.8M0.01%+141,553+12.7%Added
Morgan Stanley1,194,300$95.6M0.01%+63,241+5.6%Added
Norges Bank1,154,321$92.4M0.01%+1,154,321New
Dimensional Fund Advisors LP1,135,850$90.9M0.02%+26,030+2.3%Added
Yaupon Capital Management LP1,105,979$88.5M4.35%+927,873+521.0%Added
Aventail Capital Group, LP1,090,380$87.3M5.03%+651,238+148.3%Added
Equity Investment Corp1,027,278$82.2M1.66%−15,712−1.5%Reduced
Northern Trust Corp1,002,512$80.3M0.01%−60,602−5.7%Reduced
Bank of New York Mellon Corp923,560$73.9M0.01%−75,851−7.6%Reduced
Charles Schwab Investment Management Inc912,404$73.0M0.01%−5,408−0.6%Reduced
FMR LLC803,584$64.3M0.00%+660,819+462.9%Added
First Trust Advisors LP790,416$63.3M0.05%+85,088+12.1%Added
Ameriprise Financial Inc706,294$56.6M0.01%+357,139+102.3%Added
Clark Capital Management Group, Inc.673,563$53.9M0.33%+29,226+4.5%Added
Qube Research & Technologies Ltd624,630$50.0M0.07%+50,440+8.8%Added
Bank of America Corp622,317$49.8M0.00%−46,293−6.9%Reduced
Jupiter Asset Management Ltd536,734$43.0M0.34%+71,480+15.4%Added
Prudential Financial Inc532,357$42.6M0.05%+397,539+294.9%Added
Gotham Asset Management, LLC496,762$39.8M0.15%−25,166−4.8%Reduced
Royal Bank of Canada451,244$36.1M0.01%−10,952−2.4%Reduced
JPMorgan Chase & Co438,045$35.1M0.00%+10,825+2.5%Added
Mackenzie Financial Corp417,769$33.9M0.04%−180,222−30.1%Reduced
ProShare Advisors LLC401,699$32.2M0.06%−1470.0%Reduced
Managed Asset Portfolios, LLC380,797$30.5M3.68%−279−0.1%Reduced
Westwood Holdings Group Inc.366,629$29.4M0.24%+117,597+47.2%Added
SEI Investments Co333,052$26.7M0.03%+20,661+6.6%Added
Squarepoint Ops LLC324,600$26.0M0.05%+16,134+5.2%Added
Allspring Global Investments Holdings, LLC315,753$25.9M0.04%+24,988+8.6%Added
Virginia Retirement Systems Et Al321,220$25.7M0.15%+1,900+0.6%Added
Tocqueville Asset Management L.P.313,791$25.1M0.37%+32,591+11.6%Added
Panagora Asset Management Inc310,810$24.9M0.09%+93,685+43.1%Added
Massachusetts Financial Services Co296,285$23.7M0.01%−7,527−2.5%Reduced
Arbejdsmarkedets Tillaegspension284,027$22.7M0.58%+284,027New
UBS Group AG255,510$20.5M0.00%+22,569+9.7%Added
Envestnet Asset Management Inc245,909$19.7M0.01%+17,787+7.8%Added
Franklin Resources Inc243,215$19.5M0.00%+30,081+14.1%Added
Hallmark Capital Management Inc242,994$19.5M1.25%+7,842+3.3%Added
Rhumbline Advisers230,387$18.4M0.01%−13,175−5.4%Reduced
Retirement Systems of Alabama230,052$18.4M0.06%−803−0.3%Reduced
California Public Employees Retirement System217,383$17.4M0.01%+8,117+3.9%Added
Exchange Traded Concepts, LLC208,687$16.7M0.14%−1,414−0.7%Reduced
Wells Fargo & Company194,839$15.6M0.00%−2,263−1.1%Reduced
Principal Financial Group Inc194,378$15.6M0.01%−6,358−3.2%Reduced
Los Angeles Capital Management LLC191,157$15.2M0.05%−31,177−14.0%Reduced
Arrowstreet Capital, Limited Partnership169,652$13.6M0.01%+141,215+496.6%Added
UBS Asset Management Americas Inc169,500$13.6M0.00%−47,129−21.8%Reduced
Swiss National Bank169,300$13.6M0.01%+2,900+1.7%Added
Voya Investment Management LLC167,964$13.4M0.01%+6,176+3.8%Added
Raymond James Financial Inc151,068$12.1M0.00%−1,890−1.2%Reduced
Man Group plc150,964$12.1M0.02%+104,818+227.1%Added
Nuveen, LLC147,526$11.8M0.00%+5,114+3.6%Added
Legal & General Group Plc141,066$11.3M0.00%−25,236−15.2%Reduced
Connor, Clark & Lunn Investment Management Ltd.139,606$11.2M0.03%+107,922+340.6%Added
Allianz Asset Management GmbH134,575$10.8M0.01%+33,173+32.7%Added
Meiji Yasuda Asset Management Co Ltd.133,477$10.7M0.51%+14,145+11.9%Added
Aptus Capital Advisors, LLC132,800$10.6M0.09%+507+0.4%Added
Knights of Columbus Asset Advisors LLC132,779$10.6M0.60%−22,502−14.5%Reduced
LPL Financial LLC129,113$10.3M0.00%+15,105+13.2%Added
Brookfield Asset Management Inc.127,327$10.2M0.01%+127,327New
Thompson Siegel & Walmsley LLC125,998$10.1M0.17%+8,890+7.6%Added
Alliancebernstein L.P.119,314$9.55M0.00%+1,055+0.9%Added
Bridgewater Associates, LP116,052$9.29M0.03%+35,546+44.2%Added
Millennium Management LLC110,706$8.86M0.01%−90,249−44.9%Reduced
Manufacturers Life Insurance Company, The108,029$8.65M0.01%−3,127−2.8%Reduced
New York State Teachers Retirement System106,896$8.56M0.02%−1,586−1.5%Reduced
State of Alaska, Department of Revenue105,674$8.46M0.09%−845−0.8%Reduced
Zacks Investment Management103,301$8.27M0.06%+864+0.8%Added
Schroder Investment Management Group100,838$8.14M0.01%−25,830−20.4%Reduced
Cardinal Capital Management100,376$8.09M1.07%+601+0.6%Added
Engineers Gate Manager LP100,889$8.08M0.10%+42,339+72.3%Added
Great Lakes Advisors, LLC98,604$7.89M0.06%−28,471−22.4%Reduced
Nordea Investment Management AB97,921$7.82M0.01%−5,453−5.3%Reduced
Covalis Capital LLP97,545$7.81M0.61%+97,545New
Commonwealth Equity Services, LLC97,326$7.79M0.01%−1,090−1.1%Reduced
KWMG, LLC95,846$7.67M0.66%−989−1.0%Reduced
Quantinno Capital Management LP94,543$7.57M0.02%+9,307+10.9%Added
Kayne Anderson Capital Advisors LP94,501$7.57M0.17%−705−0.7%Reduced
Oppenheimer Asset Management Inc.92,897$7.44M0.09%−627−0.7%Reduced
Icon Advisers Inc92,168$7.38M1.59%−8,700−8.6%Reduced
State Board of Administration of Florida Retirement System92,164$7.38M0.01%00.0%Unchanged
Phocas Financial Corp.88,511$7.09M0.92%+88,511New
Goldman Sachs Group Inc88,048$7.05M0.00%−16,755−16.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH87,673$7.03M0.01%+10,488+13.6%Added
Ibex Wealth Advisors87,554$7.01M0.69%+1,034+1.2%Added
Rodgers Brothers Inc.85,464$6.84M0.82%−934−1.1%Reduced
California State Teachers Retirement System81,863$6.55M0.01%−4,550−5.3%Reduced
CWM, LLC80,294$6.43M0.02%−33,782−29.6%Reduced
Neuberger Berman Group LLC78,232$6.26M0.00%+10,548+15.6%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main75,957$6.08M0.01%−9,468−11.1%Reduced