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Which funds own UGI

Ugi Corp in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $283m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 3 managers trimmed or sold out against 0 buying.

Managers holding: 1; at least, of 91 current
Combined value: $283m; as reported
Opened: 0; new this quarter
Added to: 0; already held
Trimmed or sold out: 3; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Neuberger Berman Group LLC Long-only · $150bn book	$283m	0.2%	8,201,866	-$24m-225,301	Trimmed

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Tudor Investment Corp · Macro$4.1m held before
Schonfeld Strategic Advisors LLC · Multi-strategy$3.5m held before

Ownership through time

At least 5 of the 95 managers whose filings are on file listed UGI in Q2 2026, against 3 in Q2 2013. 4 managers fewer than in Q1 2026: 1 listed it again; 5 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Brevan Howard Capital Management LP114,784 to 126,394 shares+$401k

Largest decreases, by shares

Artisan Partners LP1,201,838 to 773,053 shares-$15m
Neuberger Berman Group LLC8,427,167 to 8,201,866 shares-$7.8m
First Eagle Investment Management LLC11,701 to 11,421 shares-$10k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Neuberger Berman Group LLC	Q4 2024	$307m	$283m
Artisan Partners LP	Q3 2025	$48m	$27m
Bridgewater Associates LP	Q1 2018	$7.1m	$7.1m
Brevan Howard Capital Management LP	Q4 2023	$4.4m	$4.4m
First Eagle Investment Management LLC	Q3 2015	$421m	$394k
Wellington Management Group LLP	Q2 2013	$1.1bn	last listed Q3 2022
Invesco Ltd	Q4 2019	$251m	last listed Q4 2019
AllianceBernstein LP	Q2 2013	$217m	last listed Q3 2015
AQR Capital Management LLC	Q1 2015	$210m	last listed Q1 2025
Renaissance Technologies LLC	Q1 2014	$146m	last listed Q4 2024
Millennium Management LLC	Q3 2017	$84m	last listed Q3 2023
Janus Henderson Group Ltd	Q1 2019	$84m	last listed Q3 2019
Man Group PLC	Q2 2018	$69m	last listed Q1 2026
Point72 Asset Management LP	Q1 2022	$65m	last listed Q4 2025
Squarepoint Ops LLC	Q1 2015	$62m	last listed Q4 2025

What UGI is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around UGI →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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