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Union Pacific Corp

UNP
Exchange
NYSE
Industry
Railroads, Line-Haul Operating
SEC CIK
0000100885

No open-market purchases or sales by Union Pacific Corp insiders were filed in the last 90 days; 2,895 institutions reported holding it in 13F filings for Q2 2026, worth $144.0B in total; 7 superinvestors hold it, including Harris Associates (Oakmark) and Viking Global Investors.

13F holders, Q4 2025

Institutional positions in Union Pacific Corp 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
2,747
+156 vs. Q3 2025
Shares held
515.8M
+22.1M (+4.5%) vs. Q3 2025
Total value
$119.4B
+$2.71B (+2.3%) vs. Q3 2025
New holders
292
1,001 more added
Sold out
136
1,059 more reduced

66 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 UNP 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: 2,747 institutions
Q1 2021: 2,200 institutionsQ2 2021: 2,197 institutionsQ3 2021: 2,172 institutionsQ4 2021: 2,404 institutionsQ1 2022: 2,487 institutionsQ2 2022: 2,363 institutionsQ3 2022: 2,329 institutionsQ4 2022: 2,422 institutionsQ1 2023: 2,380 institutionsQ2 2023: 2,416 institutionsQ3 2023: 2,402 institutionsQ4 2023: 2,581 institutionsQ1 2024: 2,618 institutionsQ2 2024: 2,572 institutionsQ3 2024: 2,617 institutionsQ4 2024: 2,701 institutionsQ1 2025: 2,702 institutionsQ2 2025: 2,671 institutionsQ3 2025: 2,657 institutionsQ4 2025: 2,747 institutionsQ1 2026: 2,786 institutionsQ2 2026: 2,895 institutions
Value heldQ4 2025: $119.4B
Q1 2021: $115.3BQ2 2021: $112.2BQ3 2021: $98.4BQ4 2021: $127.3BQ1 2022: $134.9BQ2 2022: $104.6BQ3 2022: $94.3BQ4 2022: $100.5BQ1 2023: $97.4BQ2 2023: $98.1BQ3 2023: $99.1BQ4 2023: $120.5BQ1 2024: $119.0BQ2 2024: $110.0BQ3 2024: $119.1BQ4 2024: $111.3BQ1 2025: $114.8BQ2 2025: $110.5BQ3 2025: $117.1BQ4 2025: $119.4BQ1 2026: $125.5BQ2 2026: $144.0B
Institutions holding UNP and their total value by quarter
QuarterHoldersValue
Q2 20262,895$144.0B
Q1 20262,786$125.5B
Q4 20252,747$119.4B
Q3 20252,657$117.1B
Q2 20252,671$110.5B
Q1 20252,702$114.8B
Q4 20242,701$111.3B
Q3 20242,617$119.1B
Q2 20242,572$110.0B
Q1 20242,618$119.0B
Q4 20232,581$120.5B
Q3 20232,402$99.1B
Q2 20232,416$98.1B
Q1 20232,380$97.4B
Q4 20222,422$100.5B
Q3 20222,329$94.3B
Q2 20222,363$104.6B
Q1 20222,487$134.9B
Q4 20212,404$127.3B
Q3 20212,172$98.4B
Q2 20212,197$112.2B
Q1 20212,200$115.3B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Union Pacific Corp; share changes are against Q3 2025.

Institutions holding UNP in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc59,329,262$13.7B0.20%+659,378+1.1%Added
BlackRock, Inc.49,196,593$11.4B0.19%+594,066+1.2%Added
State Street Corp26,330,080$6.09B0.20%+1,082,285+4.3%Added
Capital World Investors20,136,349$4.66B0.63%+9,655,306+92.1%Added
Geode Capital Management, LLC15,360,668$3.55B0.22%+296,814+2.0%Added
Morgan Stanley12,636,050$2.92B0.17%+602,647+5.0%Added
Bank of America Corp12,378,263$2.86B0.21%+390,609+3.3%Added
JPMorgan Chase & Co11,457,864$2.65B0.18%+596,759+5.5%Added
Capital Research Global Investors10,980,904$2.54B0.47%+2,267,708+26.0%Added
Norges Bank7,694,566$1.78B0.19%+7,694,566New
Massachusetts Financial Services Co7,605,933$1.76B0.57%−400,521−5.0%Reduced
Franklin Resources Inc7,198,449$1.67B0.41%+34,115+0.5%Added
Invesco Ltd.6,885,560$1.59B0.15%+334,435+5.1%Added
Northern Trust Corp6,777,818$1.57B0.20%−103,810−1.5%Reduced
Fisher Asset Management, LLC6,430,808$1.49B0.51%+2,5790.0%Added
Canada Pension Plan Investment Board6,064,158$1.40B0.94%+1,864,236+44.4%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main5,603,359$1.30B1.14%+1,661,351+42.1%Added
Ameriprise Financial Inc5,145,865$1.19B0.27%−307,976−5.6%Reduced
UBS Group AG4,952,716$1.15B0.23%+281,132+6.0%Added
Nuveen, LLC4,639,602$1.07B0.28%+357,431+8.3%Added
Royal Bank of Canada4,577,015$1.06B0.19%+291,965+6.8%Added
Legal & General Group Plc4,458,170$1.03B0.23%−125,974−2.7%Reduced
Capital International Investors4,166,042$963.8M0.15%+518,370+14.2%Added
Raymond James Financial Inc4,143,845$958.9M0.30%−37,306−0.9%Reduced
UBS Asset Management Americas Inc3,906,144$903.6M0.19%−5,270,858−57.4%Reduced
Deutsche Bank AG3,844,047$889.2M0.29%+174,141+4.7%Added
Charles Schwab Investment Management Inc3,769,057$871.9M0.14%+53,822+1.4%Added
Bank of New York Mellon Corp3,740,377$865.2M0.15%−703,471−15.8%Reduced
Goldman Sachs Group Inc3,721,663$860.9M0.12%−44,315−1.2%Reduced
Dimensional Fund Advisors LP3,684,132$852.3M0.18%−9,366−0.3%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)3,656,510$845.8M1.07%+2,190,923+149.5%Added
Clearbridge Investments, LLC3,472,757$803.3M0.64%+66,404+1.9%Added
Price T Rowe Associates Inc3,301,151$763.6M0.08%−407,886−11.0%Reduced
Wells Fargo & Company3,257,407$753.5M0.15%+106,999+3.4%Added
Arrowstreet Capital, Limited Partnership3,236,736$748.7M0.44%−118,306−3.5%Reduced
State Farm Mutual Automobile Insurance Co3,018,016$698.1M0.55%00.0%Unchanged
EdgePoint Investment Group Inc.2,645,906$612.1M5.03%+917,292+53.1%Added
Stifel Financial Corp2,205,993$510.3M0.46%−54,471−2.4%Reduced
FMR LLC2,039,803$471.8M0.02%−540,332−20.9%Reduced
Baird Financial Group, Inc.1,993,741$461.2M0.72%+56,119+2.9%Added
Neuberger Berman Group LLC1,907,720$441.3M0.33%+6,871+0.4%Added
Amundi1,887,703$436.7M0.12%−1,969,140−51.1%Reduced
Alliancebernstein L.P.1,863,010$431.0M0.14%−479,151−20.5%Reduced
Third Point LLCSuperinvestorThird Point1,810,000$418.7M5.76%+935,000+106.9%Added
CIBC Private Wealth Group, LLC1,769,776$409.4M0.69%−25,734−1.4%Reduced
Envestnet Asset Management Inc1,736,439$401.7M0.12%+30,867+1.8%Added
Janus Henderson Group PLC1,658,731$383.7M0.17%+272,429+19.7%Added
Baupost Group LLCSuperinvestorBaupost Group1,627,254$376.4M7.13%+131,050+8.8%Added
Swiss National Bank1,625,400$376.0M0.22%−96,900−5.6%Reduced
Voya Investment Management LLC1,555,615$359.8M0.35%+6,497+0.4%Added
Diamond Hill Capital Management Inc1,544,680$357.3M1.83%−174,866−10.2%Reduced
Two Sigma Advisers, LP1,446,501$334.6M0.65%−136,200−8.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,381,499$319.6M0.19%−66,135−4.6%Reduced
LPL Financial LLC1,371,839$317.3M0.09%+49,864+3.8%Added
California Public Employees Retirement System1,355,841$313.6M0.18%+1,407+0.1%Added
National Pension Service1,316,496$304.5M0.23%+15,785+1.2%Added
Maverick Capital LtdSuperinvestorMaverick Capital1,313,207$303.8M3.26%+197,597+17.7%Added
Cohen & Steers, Inc.1,307,959$302.6M0.55%+35,377+2.8%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,249,972$289.9M0.20%+58,944+4.9%Added
The PNC Financial Services Group, Inc.1,243,776$287.7M0.16%−31,775−2.5%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,238,661$286.5M0.43%+19,016+1.6%Added
HSBC Holdings PLC1,236,233$286.1M0.16%−28,851−2.3%Reduced
Mitsubishi UFJ Trust & Banking Corp1,232,868$285.2M0.68%+466,935+61.0%Added
Mackenzie Financial Corp1,171,221$272.4M0.32%−78,044−6.2%Reduced
Cercano Management LLC1,126,608$260.6M9.86%+24,495+2.2%Added
Rhumbline Advisers1,107,212$256.1M0.21%−18,036−1.6%Reduced
Pinebridge Investments LLC1,086,182$251.3M1.85%+1,086,182New
American Century Companies Inc1,085,037$251.0M0.13%+78,214+7.8%Added
Bank of Montreal1,050,676$243.0M0.10%−4,731−0.4%Reduced
Soroban Capital Partners LP1,022,833$241.8M1.77%00.0%Unchanged
Manufacturers Life Insurance Company, The1,042,927$241.3M0.20%−69,135−6.2%Reduced
Truist Financial Corp1,016,071$235.0M0.31%+30,079+3.1%Added
Barclays PLC986,618$228.2M0.09%−73,981−7.0%Reduced
First Trust Advisors LP980,830$226.9M0.16%−29,809−2.9%Reduced
BNP Paribas Arbitrage, SA959,078$221.9M0.14%+148,538+18.3%Added
Primecap Management Co955,740$221.1M0.17%−92,400−8.8%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys951,760$220.2M1.12%−4,438−0.5%Reduced
TOMS Capital Investment Management LP951,500$220.1M15.34%+44,818+4.9%Added
Two Sigma Investments, LP912,198$211.0M0.31%−116,878−11.4%Reduced
ATLAS Infrastructure Partners (UK) Ltd.910,022$210.5M10.55%+394,379+76.5%Added
Citadel Advisors LLC903,194$208.9M0.14%−243,792−21.3%Reduced
Public Sector Pension Investment Board868,428$200.9M0.68%+26,222+3.1%Added
California State Teachers Retirement System867,811$200.7M0.20%−41,012−4.5%Reduced
Jennison Associates LLC846,453$195.8M0.12%−5,657−0.7%Reduced
Cbre Clarion Securities LLC842,775$195.0M2.86%+106,102+14.4%Added
King Luther Capital Management Corp837,348$193.7M0.79%+6,798+0.8%Added
Standard Life Aberdeen plc784,576$181.5M0.28%+1,982+0.3%Added
Fayez Sarofim & Co770,899$178.3M0.43%−641,278−45.4%Reduced
US Bancorp758,943$175.6M0.21%−20,538−2.6%Reduced
Slate Path Capital LP750,204$173.5M2.34%−881,396−54.0%Reduced
Connor, Clark & Lunn Investment Management Ltd.734,360$169.9M0.45%+583,002+385.2%Added
FIL Ltd723,391$167.3M0.13%−23,357−3.1%Reduced
First Manhattan Co718,856$166.3M0.44%+7,417+1.0%Added
Perpetual Ltd718,637$166.2M2.40%+206,416+40.3%Added
Omers Administration Corp710,479$164.3M1.17%−100,937−12.4%Reduced
Principal Financial Group Inc708,669$163.9M0.08%−5,531−0.8%Reduced
Menora Mivtachim Holdings Ltd.708,200$163.8M0.77%+221,000+45.4%Added
AQR Capital Management LLC707,038$163.6M0.09%+53,717+8.2%Added
Pictet Asset Management Holding SA700,121$162.0M0.16%−6,732−1.0%Reduced
Bridges Investment Management Inc697,106$161.3M2.05%+29,410+4.4%Added