L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
30
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
84,113,216
combined, among listed positions
Reported value
$2.3bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 14 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +14,580,362.

Managers listing KMI in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

30 of 30 holders

ActionFiling
Invesco Ltd20,540,917$565m0.05%Trimmed-1,624,45119 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)15,962,917$439munder 0.1%Added+6,232,06917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC8,639,319$237m0.12%Added+2,070,23717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc6,125,554$168munder 0.1%Trimmed-2,134,44617 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC4,500,767$124m0.13%Trimmed-1,084,96413 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.3,760,220$103m0.06%Added+3,277,20717 Feb 2026 (the filing on sec.gov)
Millennium Management LLC3,289,473$90munder 0.1%Added+2,689,96617 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP2,417,836$66munder 0.1%Added+264,47517 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC2,184,620$60munder 0.1%Added+940,96512 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP2,025,696$56m0.40%Newnew17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,903,942$52munder 0.1%Added+636,81617 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp1,823,816$50m0.09%Added+616,16817 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,806,136$50munder 0.1%Trimmed-441,36613 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP1,579,000$43m0.08%Added+1,541,00017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,476,778$41munder 0.1%Added+874,91913 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP1,302,835$36m0.05%Added+1,072,48317 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC1,142,431$31munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP1,103,752$30munder 0.1%Added+737,41317 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC1,040,087$29m0.10%Trimmed-373,79917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC335,541$9.2munder 0.1%Added+7,24127 Oct 2026 (the filing on sec.gov)
Woodline Partners LP334,809$9.2munder 0.1%Added+76,37117 Feb 2026 (the filing on sec.gov)
Man Group PLC218,465$6.0munder 0.1%Trimmed-100,16317 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP146,985$4.0m0.13%Added+23,16210 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd128,169$3.5munder 0.1%Added+6,50217 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP89,809$2.5munder 0.1%Trimmed-121,34217 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
8 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
KMI by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201314$5.4bnn.a.n.a.
Q3 201316$4.9bnn.a.n.a.
Q4 201313$4.3bnn.a.n.a.
Q1 201417$3.0bnn.a.n.a.
Q2 201411$2.5bnn.a.n.a.
Q3 201416$4.2bnn.a.n.a.
Q4 201414$4.7bnn.a.n.a.
Q1 201510$4.6bnn.a.n.a.
Q2 201515$4.2bnn.a.n.a.
Q3 201519$3.0bnn.a.n.a.
Q4 201520$2.8bnn.a.n.a.
Q1 201617$3.3bnn.a.n.a.
Q2 201617$3.3bnn.a.n.a.
Q3 201620$4.1bnn.a.n.a.
Q4 201621$2.7bnn.a.n.a.
Q1 201722$2.7bnn.a.n.a.
Q2 201718$2.9bnn.a.n.a.
Q3 201714$3.2bnn.a.n.a.
Q4 201717$3.0bnn.a.n.a.
Q1 201814$1.9bnn.a.n.a.
Q2 201810$1.3bnn.a.n.a.
Q3 201811$1.4bnn.a.n.a.
Q4 201818$1.5bnn.a.n.a.
Q1 201910$1.7bnn.a.n.a.
Q2 201910$1.5bnn.a.n.a.
Q3 201912$1.4bnn.a.n.a.
Q4 201912$1.3bnn.a.n.a.
Q1 202011$738mn.a.n.a.
Q2 202017$847mn.a.n.a.
Q3 202010$753mn.a.n.a.
Q4 202013$691mn.a.n.a.
Q1 20218$532mn.a.n.a.
Q2 20214$363mn.a.n.a.
Q3 202111$436mn.a.n.a.
Q4 20219$542mn.a.n.a.
Q1 202210$658mn.a.n.a.
Q2 20227$459mn.a.n.a.
Q3 20227$404mn.a.n.a.
Q4 20225$1.0bnn.a.n.a.
Q1 20239$1.1bnn.a.n.a.
Q2 20238$1.1bnn.a.n.a.
Q3 20239$1.1bnn.a.n.a.
Q4 202312$1.3bn111
Q1 202411$1.2bn67
Q2 20248$1.3bn63
Q3 20248$1.2bn54
Q4 202410$1.4bn74
Q1 202517$1.2bn116
Q2 202512$1.1bn94
Q3 202513$1.5bn87
Q4 202515$1.4bn2014
Q1 202613$2.6bn1715
Q2 20269$1.6bn1814

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

KMI and GEV →KMI and XOM →KMI and CVX →Choose a stock to compare with KMI →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own KMI, latest filings →Back to the 13F Explorer →