Kinder Morgan
1,738 hedge funds and large institutions have $41.7B invested in Kinder Morgan in 2025 Q4 according to their latest regulatory filings, with 208 funds opening new positions, 653 increasing their positions, 626 reducing their positions, and 121 closing their positions.
72% more first-time investments, than exits
New positions opened: 208 | Existing positions closed: 121
44% more call options, than puts
Call options by funds: $411M | Put options by funds: $285M
3% more funds holding
Funds holding: 1,681 → 1,738 (+57)
3% more funds holding in top 10
Funds holding in top 10: 31 → 32 (+1)
2.72% more ownership
Funds ownership: 65.48% → 68.21% (+2.7%)
4% more repeat investments, than reductions
Existing positions increased: 653 | Existing positions reduced: 626
1% more capital invested
Capital invested by funds: $41.2B → $41.7B (+$523M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$250M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$168M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$92.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$88.5M |
| 5 |
Millennium Management
New York
|
+$72.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$117M |
| 2 |
JP Morgan Chase
New York
|
-$109M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$85.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$82.9M |
| 5 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$78.3M |
KMI Hedge Fund Activity: Q4 2025 in Review
1,738 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Kinder Morgan (KMI) for Q4 2025, worth a combined $41.7B — up 1.3% from $41.2B a quarter earlier.
Buyers outnumbered sellers: 208 funds opened new KMI positions and 121 closed out — a net gain of 87 holders — while 653 added to existing stakes and 626 trimmed.
The largest buyer was Bank of America, adding an estimated $250M. The largest seller was Orbis Allan Gray, cutting an estimated $117M.
- 1,738 institutional investors held Kinder Morgan (KMI) as of Q4 2025, up from 1,681 in Q3 2025.
- Funds reported $41.7B of Kinder Morgan stock for Q4 2025, up 1.3% quarter-over-quarter.
- 208 funds opened new Kinder Morgan positions in Q4 2025 and 121 closed out, a net change of +87 holders.
- The largest Kinder Morgan buyer in Q4 2025 was Bank of America, an estimated $250M added.
- The largest Kinder Morgan seller in Q4 2025 was Orbis Allan Gray, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2025.