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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
Optas, LLC3,075$246.2K0.04%+35+1.2%Added
HB Wealth Management, LLC3,082$246.8K0.00%−691−18.3%Reduced
Davenport & Co LLC3,129$250.5K0.00%+7+0.2%Added
Resources Investment Advisors, LLC.3,141$251.5K0.00%−97−3.0%Reduced
North Dakota State Investment Board3,178$254.4K0.01%+3,178New
New Age Alpha Advisors, LLC3,184$254.9K0.01%00.0%Unchanged
Aspiriant, LLC3,186$255.1K0.01%+186+6.2%Added
SageView Advisory Group, LLC3,235$259.0K0.01%−830−20.4%Reduced
Applied Finance Capital Management, LLC3,243$259.6K0.02%+3,243New
BTG Pactual Asset Management US LLC3,260$261.0K0.03%+3,260New
CWM Advisors, LLC3,291$263.5K0.02%−3,886−54.1%Reduced
Emprise Bank3,300$264.2K0.11%00.0%Unchanged
Diversified Enterprises, LLC3,309$264.9K0.02%+81+2.5%Added
EMC Capital Management3,323$266.0K0.12%−587−15.0%Reduced
Leavell Investment Management, Inc.3,307$266.5K0.01%+682+26.0%Added
CIBC Private Wealth Group, LLC3,360$269.0K0.00%+2,067+159.9%Added
Stephens Inc3,375$270.2K0.00%−7−0.2%Reduced
Journey Strategic Wealth LLC3,385$271.0K0.01%−582−14.7%Reduced
WealthTrust Axiom LLC3,430$274.6K0.07%+3,430New
AlphaGrep UK Ltd3,448$276.0K0.09%+3,448New
JFS Wealth Advisors, LLC3,457$276.8K0.02%−1,354−28.1%Reduced
Northcape Wealth Management, LLC3,513$281.3K0.08%00.0%Unchanged
Perigon Wealth Management, LLC3,582$286.8K0.01%−1,446−28.8%Reduced
Laird Norton Trust Company, LLC3,563$287.2K0.01%+3,563New
Patton Albertson Miller Group, LLC3,620$289.8K0.03%00.0%Unchanged
Counterpoint Mutual Funds LLC3,623$290.1K0.02%−148−3.9%Reduced
A. D. Beadell Investment Counsel, Inc.3,700$296.0K0.19%+3,700New
Prelude Capital Management, LLC3,741$299.5K0.02%+1,388+59.0%Added
Callan Family Office, LLC3,742$299.6K0.01%+829+28.5%Added
Silver Coast Investments LLC3,780$302.6K0.10%+92+2.5%Added
Founders Financial Alliance, LLC3,832$306.8K0.06%00.0%Unchanged
Huntington National Bank3,898$312.1K0.00%−11−0.3%Reduced
Sivia Capital Partners, LLC3,903$312.5K0.06%−232−5.6%Reduced
Citizens & Northern Corp4,012$321.2K0.08%00.0%Unchanged
Advisortrust Partners, LLC4,064$325.4K0.14%+4,064New
Herold Advisors, Inc.4,100$328.2K0.07%00.0%Unchanged
New Wave Wealth Advisors LLC4,093$329.8K0.12%+176+4.5%Added
Allworth Financial LP4,122$330.0K0.00%−1,966−32.3%Reduced
Castleark Management LLC4,130$330.6K0.01%+2,010+94.8%Added
J.W. Cole Advisors, Inc.4,221$331.2K0.01%−393−8.5%Reduced
QRG Capital Management, Inc.4,175$334.2K0.00%+786+23.2%Added
Jones Financial Companies LLLP4,186$335.1K0.00%+833+24.8%Added
Watershed Asset Management, L.L.C.4,228$338.5K0.32%+4,228New
Harvest Fund Management Co., Ltd4,262$341.0K0.01%−7,242−63.0%Reduced
Avantax Planning Partners, Inc.4,297$344.0K0.01%00.0%Unchanged
Spirit of America Management Corp4,300$344.3K0.07%+350+8.9%Added
Vista Investment Partners LLC4,325$346.3K0.09%−94−2.1%Reduced
CFS Investment Advisory Services, LLC4,337$347.2K0.03%−10.0%Reduced
Parkside Financial Bank & Trust4,343$347.7K0.03%−20.0%Reduced
Atria Investments LLC4,420$353.9K0.00%−551−11.1%Reduced
Benjamin Edwards Inc4,429$354.5K0.00%+33+0.8%Added
Armbruster Capital Management, Inc.4,432$354.8K0.06%00.0%Unchanged
Intech Investment Management LLC4,457$356.8K0.00%+4,457New
Confluence Wealth Services, Inc.4,480$358.7K0.01%−165−3.6%Reduced
Picton Mahoney Asset Management4,501$360.4K0.00%−15,446−77.4%Reduced
Tudor Investment Corp Et Al4,511$361.2K0.00%+4,511New
Parallel Advisors, LLC4,585$367.1K0.01%−1,229−21.1%Reduced
Carlson Financial, Inc.4,603$368.5K0.21%+4,603New
Pensionmark Financial Group, LLC4,609$369.0K0.01%+710+18.2%Added
AIA Group Ltd4,618$369.7K0.01%+2,407+108.9%Added
Quadrant Capital Group LLC4,632$370.9K0.01%+521+12.7%Added
Focused Alpha, LLC4,641$371.6K0.11%+4,641New
Ethic Inc.4,642$371.6K0.01%−327−6.6%Reduced
Winthrop Partners - WNY, LLC4,700$376.3K0.20%+4,700New
HMS Capital Management, LLC4,714$377.4K0.16%−27−0.6%Reduced
Jane Street Group, LLC4,734$379.0K0.00%−58,532−92.5%Reduced
Novem Group4,755$380.7K0.04%00.0%Unchanged
Utah Retirement Systems4,788$383.3K0.00%00.0%Unchanged
IVC Wealth Advisors LLC4,806$384.8K0.17%−71−1.5%Reduced
Resona Asset Management Co.,Ltd.4,807$384.8K0.00%+461+10.6%Added
Coastal Bridge Advisors, LLC4,825$386.3K0.03%+25+0.5%Added
Buckingham Strategic Partners4,936$395.2K0.00%−7,047−58.8%Reduced
Maryland State Retirement & Pension System4,956$396.8K0.01%00.0%Unchanged
Peak Retirement Planning, Inc.5,064$405.4K0.09%+32+0.6%Added
Regions Financial Corp5,068$405.7K0.00%+5,068New
Freestone Grove Partners LP5,079$406.6K0.00%+5,079New
MAI Capital Management5,095$407.9K0.00%−1,107−17.8%Reduced
Allegheny Financial Group LTD5,116$409.6K0.06%+30+0.6%Added
Family Management Corp5,174$414.2K0.05%+2,049+65.6%Added
Central Trust Co5,213$417.4K0.01%+1,212+30.3%Added
Fifth Third Bancorp5,232$418.9K0.00%−84−1.6%Reduced
Private Capital Management, LLC5,300$424.3K0.04%+5,300New
Childress Capital Advisors, LLC5,389$431.4K0.07%+1,733+47.4%Added
Cynosure Management, LLC5,394$431.8K0.04%+5,394New
Ballentine Partners, LLC5,620$449.9K0.01%−155−2.7%Reduced
AE Wealth Management LLC5,629$450.9K0.00%+150+2.7%Added
Wolff Financial Management LLC5,678$454.6K0.10%00.0%Unchanged
Ameritas Advisory Services, LLC5,694$455.8K0.02%+5,694New
Daiwa Securities Group Inc.5,700$456.0K0.00%+570+11.1%Added
Emergent Wealth Advisors, LLC5,782$462.9K0.26%00.0%Unchanged
Vise Technologies, Inc.5,791$463.6K0.01%+570+10.9%Added
Citadel Advisors LLC5,905$472.8K0.00%+5,905New
Johnson Investment Counsel Inc5,983$479.0K0.00%+50+0.8%Added
Artemis Investment Management LLP5,990$479.6K0.01%+5,990New
Greenwood Capital Associates LLC6,014$481.5K0.05%−105−1.7%Reduced
Jump Financial, LLC6,212$497.3K0.01%+982+18.8%Added
Kestra Advisory Services, LLC6,273$502.2K0.00%+2,847+83.1%Added
Guggenheim Capital LLC6,402$512.5K0.00%−214−3.2%Reduced
AlphaCore Capital LLC6,417$513.7K0.01%+1,316+25.8%Added
Traphagen Investment Advisors LLC6,500$520.4K0.04%00.0%Unchanged