Energy Transfer Partners
1,257 hedge funds and large institutions have $16.9B invested in Energy Transfer Partners in 2025 Q4 according to their latest regulatory filings, with 151 funds opening new positions, 506 increasing their positions, 353 reducing their positions, and 91 closing their positions.
144% more call options, than puts
Call options by funds: $539M | Put options by funds: $221M
66% more first-time investments, than exits
New positions opened: 151 | Existing positions closed: 91
43% more repeat investments, than reductions
Existing positions increased: 506 | Existing positions reduced: 353
3% more funds holding
Funds holding: 1,223 → 1,257 (+34)
0.41% less ownership
Funds ownership: 30.32% → 29.91% (-0.41%)
5% less capital invested
Capital invested by funds: $17.9B → $16.9B (-$920M)
12% less funds holding in top 10
Funds holding in top 10: 57 → 50 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$422M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$103M |
| 3 |
N
Natixis
Paris,
France
|
+$48.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$33.7M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$30.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$276M |
| 2 |
Blackstone Inc
New York
|
-$212M |
| 3 |
JP Morgan Chase
New York
|
-$135M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$123M |
| 5 |
Goldman Sachs
New York
|
-$65.4M |
ET Hedge Fund Activity: Q4 2025 in Review
1,257 institutional investors reported a position in Energy Transfer Partners (ET) for Q4 2025, worth a combined $16.9B — down 5.2% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 151 funds opened new ET positions and 91 closed out — a net gain of 60 holders — while 506 added to existing stakes and 353 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $422M. The largest seller was Westwood Holdings Group, cutting an estimated $276M.
- 1,257 institutional investors held Energy Transfer Partners (ET) as of Q4 2025, up from 1,223 in Q3 2025.
- Funds reported $16.9B of Energy Transfer Partners stock for Q4 2025, down 5.2% quarter-over-quarter.
- 151 funds opened new Energy Transfer Partners positions in Q4 2025 and 91 closed out, a net change of +60 holders.
- The largest Energy Transfer Partners buyer in Q4 2025 was Morgan Stanley, an estimated $422M added.
- The largest Energy Transfer Partners seller in Q4 2025 was Westwood Holdings Group, an estimated $276M sold.
Based on aggregated 13F filings for Q4 2025.