National Fuel Gas Company
National Fuel Gas Company (NFG) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · NFG · as of Sep 30, 2025
Ownership Breakdown
635
Institutional Holders
▲ 38 vs Q2
$6.39B
Total Inst. Value
▲ $490.18M vs Q2
95.04M
Shares Outstanding
freeFloat 98.54%
69.16M
13F Shares Held
▼ 768,896 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
NFG largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC natural gas distribution | 12.23M | 13.54% | 13.54% | $1.13T | Nov 7, 2025 | ▼ 67.7K |
BLACKROCK, INC. natural gas distribution | 8.79M | 9.72% | 9.72% | $811.48B | Nov 12, 2025 | ▲ 257.2K |
STATE STREET CORP natural gas distribution | 3.94M | 4.36% | 4.36% | $365.57B | Nov 14, 2025 | ▼ 100.1K |
GABELLI FUNDS LLC natural gas distribution | 2.36M | 2.61% | 2.61% | $217.91B | Nov 12, 2025 | ▼ 19.0K |
ENERGY INCOME PARTNERS, LLC natural gas distribution | 2.29M | 2.54% | 2.54% | $211.84B | Nov 13, 2025 | ▼ 1.8K |
AQR CAPITAL MANAGEMENT LLC natural gas distribution | 2.14M | 2.37% | 2.37% | $197.50B | Nov 14, 2025 | ▲ 1.09M |
LSV ASSET MANAGEMENT natural gas distribution | 1.85M | 2.04% | 2.04% | $170.46B | Nov 6, 2025 | ▼ 138.7K |
GEODE CAPITAL MANAGEMENT, LLC natural gas distribution | 1.70M | 1.88% | 1.88% | $156.62B | Nov 12, 2025 | ▲ 1.1K |
GAMCO INVESTORS, INC. ET AL natural gas distribution | 1.41M | 1.56% | 1.56% | $130.11B | Nov 12, 2025 | ▼ 102.4K |
MORGAN STANLEY natural gas distribution | 1.13M | 1.25% | 1.25% | $104.48B | May 27, 2026 | ▼ 44.6K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
27
Increased
+3.61M shares1
New Positions
first time holders21
Decreased
−2.06M shares0
Sold Out
fully exitedNet shares change (top 50)
+1.55M
+3.61M / −2.06M
Net new holders
+7
1 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
NFG insider trading · insider activity
Source: SEC Form 4
10
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
TANSKI RONALD J director | Apr 1, 2026 | Award | 469 | $93.29 | $43.8K | 357.5K | Form 4 ↗ |
SMITH DAVID F director | Apr 1, 2026 | Award | 469 | — | — | 18.6K | Form 4 ↗ |
SMITH DAVID F director | Jan 15, 2026 | J-Other | 115 | — | — | 18.1K | Form 4 ↗ |
SKAINS THOMAS E director | Apr 1, 2026 | Award | 469 | — | — | 18.6K | Form 4 ↗ |
SKAINS THOMAS E director | Jan 15, 2026 | J-Other | 115 | — | — | 18.1K | Form 4 ↗ |
SHAW JEFFREY W director | Apr 1, 2026 | Award | 469 | $93.29 | $43.8K | 36.2K | Form 4 ↗ |
Ranich Rebecca director | Apr 1, 2026 | Award | 469 | — | — | 18.6K | Form 4 ↗ |
Ranich Rebecca director | Jan 15, 2026 | J-Other | 115 | — | — | 18.1K | Form 4 ↗ |
Ranich Rebecca director | Jan 15, 2026 | J-Other | 116 | $81.83 | $9.5K | 17.9K | Form 4 ↗ |
JAGGERS JOSEPH N director | Apr 1, 2026 | Award | 469 | $93.29 | $43.8K | 34.0K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
National Fuel Gas Company (NFG) is primarily owned by institutional investors, who hold approximately 72.8% of total shares outstanding. Company insiders own approximately 1.46%, while retail and public investors account for the remaining 25.76%.
The largest institutional shareholder of National Fuel Gas Company is VANGUARD GROUP INC, holding approximately 12.23 million shares — equal to 13.54% of outstanding shares — as of September 30, 2025.
A total of 635 institutional investors currently hold NFG stock, with a combined institutional value of approximately $6.39 billion as of the most recent 13F filing period.
Frequently asked questions
NFG ownershipNational Fuel Gas Company (NFG) is primarily owned by institutional investors, who hold approximately 72.8% of shares. The largest shareholder is VANGUARD GROUP INC with a 13.54% stake. Company insiders hold 1.46%. Data sourced from SEC Form 13F as of September 30, 2025.