Energy Transfer Partners
1,231 hedge funds and large institutions have $19.6B invested in Energy Transfer Partners in 2025 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 549 increasing their positions, 300 reducing their positions, and 76 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 549 | Existing positions reduced: 300
74% more call options, than puts
Call options by funds: $658M | Put options by funds: $377M
45% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 76
2% more funds holding
Funds holding: 1,212 → 1,231 (+19)
0.64% less ownership
Funds ownership: 32.17% → 31.53% (-0.64%)
4% less capital invested
Capital invested by funds: $20.5B → $19.6B (-$849M)
16% less funds holding in top 10
Funds holding in top 10: 80 → 67 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$77.4M |
| 2 |
JP Morgan Chase
New York
|
+$66.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52.6M |
| 4 |
BlackRock
New York
|
+$48.8M |
| 5 |
SPS
Susquehanna Portfolio Strategies
Bala Cynwyd,
Pennsylvania
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$126M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$121M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$108M |
| 4 |
Goldman Sachs
New York
|
-$105M |
| 5 |
Blackstone Inc
New York
|
-$93.8M |
ET Hedge Fund Activity: Q2 2025 in Review
1,231 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Energy Transfer Partners (ET) for Q2 2025, worth a combined $19.6B — down 4.1% from $20.5B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new ET positions and 76 closed out — a net gain of 34 holders — while 549 added to existing stakes and 300 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $77.4M. The largest seller was Bank of America, cutting an estimated $126M.
- 1,231 institutional investors held Energy Transfer Partners (ET) as of Q2 2025, up from 1,212 in Q1 2025.
- Funds reported $19.6B of Energy Transfer Partners stock for Q2 2025, down 4.1% quarter-over-quarter.
- 110 funds opened new Energy Transfer Partners positions in Q2 2025 and 76 closed out, a net change of +34 holders.
- The largest Energy Transfer Partners buyer in Q2 2025 was Victory Capital Management, an estimated $77.4M added.
- The largest Energy Transfer Partners seller in Q2 2025 was Bank of America, an estimated $126M sold.
Based on aggregated 13F filings for Q2 2025.