ONE Gas
OGS
403 hedge funds and large institutions have $4.44B invested in ONE Gas in 2025 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 121 increasing their positions, 148 reducing their positions, and 37 closing their positions.
49% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 37
3.3% more ownership
Funds ownership: 92.58% → 95.89% (+3.3%)
3% more funds holding
Funds holding: 392 → 403 (+11)
1% less capital invested
Capital invested by funds: $4.5B → $4.44B (-$51.6M)
18% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 148
32% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $2.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$37.8M |
| 2 |
BlackRock
New York
|
+$32.1M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$31.4M |
| 4 |
Goldman Sachs
New York
|
+$30.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$79.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$25.2M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$13.3M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$13.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$10.7M |
OGS Hedge Fund Activity: Q4 2025 in Review
403 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in ONE Gas (OGS) for Q4 2025, worth a combined $4.44B — down 1.1% from $4.5B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new OGS positions and 37 closed out — a net gain of 18 holders — while 121 added to existing stakes and 148 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $37.8M. The largest seller was Wellington Management Group, cutting an estimated $79.7M.
- 403 institutional investors held ONE Gas (OGS) as of Q4 2025, up from 392 in Q3 2025.
- Funds reported $4.44B of ONE Gas stock for Q4 2025, down 1.1% quarter-over-quarter.
- 55 funds opened new ONE Gas positions in Q4 2025 and 37 closed out, a net change of +18 holders.
- The largest ONE Gas buyer in Q4 2025 was Energy Income Partners, an estimated $37.8M added.
- The largest ONE Gas seller in Q4 2025 was Wellington Management Group, an estimated $79.7M sold.
Based on aggregated 13F filings for Q4 2025.