APA Corporation

APA • NASDAQ

APA Corporation is a oil & gas exploration & production company in the energy sector on NASDAQ, led by Stephen J. Riney, with a market cap of $9.2B. As of Q3 2025, 96% of shares are held by 662 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.31%.

President and Chief Financial OfficerStephen J. Riney

Market Cap$9.2B

Oil & Gas Exploration & Production

Energy

Employees2.3K

Websiteapacorp.com

Country

United States of America

Overview

Overview of institutional ownership in APA as of Q3 2025 with a market cap of $8.7B

All Institutions

Institutions: 662
Value Held: $8.3B
Shares Held: 343.7M
Avg Position: $12.6M
Median Position: $486.7K

Hedge Funds

Hedge Funds: 49
Value Held: $380.2M
Shares Held: 15.6M
Avg Position: $7.8M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

91.67%

$8.0B

Hedge Funds

4.38%

$380.2M

Retail & Other

3.95%

$343.2M

Based on market cap of $8.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in APA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.1B 0.02% of portfolio	12.31% 44.0M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	Scott Hoy Mcbride CEO	$868.3M 2.69% of portfolio	10.00% 35.8M shares	Q4 2016 Held for 8y 11m	$32.2B
HARRIS ASSOCIATES L P Long Only Manager	Anthony Paul Coniaris Chairman	$607.1M 0.97% of portfolio	6.99% 25.0M shares	≤ Q2 2013 Held for 12y 5m+	$62.4B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$594.8M 0.02% of portfolio	6.85% 24.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
B BlackRock, Inc. Institution	-	$571.3M 0.01% of portfolio	6.58% 23.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$350.2M 0.06% of portfolio	4.03% 14.4M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$340.7M 0.07% of portfolio	3.92% 14.0M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$251.3M 0.04% of portfolio	2.89% 10.3M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
Smead Capital Management, Inc. Long Only Manager	Cole W. Smead CEO	$246.7M 4.77% of portfolio	2.84% 10.2M shares	Q1 2023 Held for 2y 8m	$5.2B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$241.1M 0.02% of portfolio	2.78% 9.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T

Net Capital Flow

Institutional buying and selling activity for APA in Q3 2025

Traded: +$240.8M
Buyers: 377
Sellers: 249
Total Bought: +$708.3M
Total Sold: −$467.5M
Avg Position: $11.6M

Biggest Buyers

Institution	Net Bought	Current Position
R ROYAL BANK OF CANADA Institution	+$57.9M +2.4M shares	$121.4M 5.0M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$40.7M +1.7M shares	$340.7M 14.0M shares
L LSV ASSET MANAGEMENT Long Only Manager	+$31.6M +1.3M shares	$98.4M 4.1M shares
Bank of New York Mellon Corp Institution	+$30.6M +1.3M shares	$115.6M 4.8M shares
FMR LLC Institution	+$25.6M +1.1M shares	$110.9M 4.6M shares
NORTHERN TRUST CORP Institution	+$24.7M +1.0M shares	$108.3M 4.5M shares
E EVERGREEN CAPITAL MANAGEMENT LLC Institution	+$24.3M +1.0M shares	$24.6M 1.0M shares
LORD, ABBETT & CO. LLC Long Only Manager	+$24.3M +1.0M shares	$24.3M 1.0M shares
Sagefield Capital LP Private Equity	+$23.5M +965.9K shares	$30.0M 1.2M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$20.3M +836.0K shares	$34.0M 1.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
Blackstone Group L.P. Institution	−$82.0M −4.5M shares	Sold Off 0 shares
HARRIS ASSOCIATES L P Long Only Manager	−$38.9M −1.6M shares	$607.1M 25.0M shares
Invesco Ltd. ETF Provider	−$31.0M −1.3M shares	$251.3M 10.3M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$24.3M −1.0M shares	$23.0M 947.9K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$22.8M −940.1K shares	$49.1M 2.0M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$21.8M −896.7K shares	$38.2M 1.6M shares
Smead Capital Management, Inc. Long Only Manager	−$18.9M −779.7K shares	$246.7M 10.2M shares
VANGUARD GROUP INC Institution	−$18.2M −749.2K shares	$1.1B 44.0M shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$15.0M −619.3K shares	$13.9M 572.2K shares
STATE STREET CORP Institution	−$11.2M −460.2K shares	$594.8M 24.5M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited APA in Q3 2025

New Positions: 37
New Value: $41.4M
Exited Positions: 58
Exited Value: $120.6M

New Positions

Institution	Position Value
Kames Capital plc Long Only Manager	$14.0M 577.0K shares
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$10.2M 420.0K shares
Jackson Creek Investment Advisors LLC Long Only Manager	$2.3M 96.2K shares
CWA Asset Management Group, LLC RIA/Wealth	$2.2M 89.3K shares
P PEAK6 LLC Institution	$2.0M 83.7K shares
RAHLFS CAPITAL, LLC RIA/Wealth	$1.3M 52.2K shares
U United Capital Management of KS, Inc. Institution	$1.2M 50.0K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$1.0M 41.7K shares
SummerHaven Investment Management, LLC Long Only Manager	$1.0M 41.6K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$869.6K 35.8K shares

Exited Positions

Institution	Previous Position
Blackstone Group L.P. Institution	$82.0M 4.5M shares
A AXA Institution	$6.8M 373.3K shares
Lighthouse Investment Partners, LLC Fund of Funds	$3.6M 198.0K shares
J Jump Financial, LLC Institution	$3.1M 168.3K shares
Engineers Gate Manager LP Hedge Fund•Quant	$2.8M 155.7K shares
N Neo Ivy Capital Management Hedge Fund•Quant	$2.7M 146.1K shares
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$1.8M 99.1K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$1.8M 96.2K shares
M Maxi Investments CY Ltd Institution	$1.6M 87.3K shares
ISAM Funds Ltd Hedge Fund•Quant	$1.2M 64.2K shares

Options Activity

Institutions with the largest Call and Put options positions in APA as of Q3 2025

Call Positions: 27
Call Value: $182.1M
Put Positions: 25
Put Value: $176.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$35.4M 14.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$32.2M 13.3K contracts
J JANE STREET GROUP, LLC Institution	$23.5M 9.7K contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$13.7M 5.7K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$10.8M 4.4K contracts
P PEAK6 LLC Institution	$9.3M 3.8K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$8.5M 3.5K contracts
W WOLVERINE TRADING, LLC Institution	$7.9M 3.2K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$7.8M 3.2K contracts
Walleye Trading LLC RIA/Wealth	$5.9M 2.4K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$34.3M 14.1K contracts
J JANE STREET GROUP, LLC Institution	$21.9M 9.0K contracts
D D. E. Shaw & Co., Inc. Institution	$21.3M 8.8K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$18.5M 7.6K contracts
Walleye Trading LLC RIA/Wealth	$12.1M 5.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$11.8M 4.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.8M 4.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.8M 2.8K contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$6.5M 2.7K contracts
P PEAK6 LLC Institution	$6.1M 2.5K contracts

Most Committed Institutions

Institutions with APA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
swisspartners Advisors Ltd RIA/Wealth	Dominique Joerg Spillmann CEO	8.97% $10.9M	0.13% 448.5K shares	Q4 2023 Held for 1y 11m	$121.7M
Smead Capital Management, Inc. Long Only Manager	Cole W. Smead CEO	4.77% $246.7M	2.84% 10.2M shares	Q1 2023 Held for 2y 8m	$5.2B
Sagefield Capital LP Private Equity	Daniel Prawda Partner	3.36% $30.0M	0.35% 1.2M shares	Q4 2021 Held for 3y 11m	$894.3M
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	Scott Hoy Mcbride CEO	2.69% $868.3M	10.00% 35.8M shares	Q4 2016 Held for 8y 11m	$32.2B
KITZINGER LAUTMANN CAPITAL MANAGEMENT INC Long Only Manager	James Brian Kitzinger President	1.69% $16.9M	0.19% 696.9K shares	Q1 2024 Held for 1y 8m	$1.0B
H HOERTKORN RICHARD CHARLES RIA/Wealth	Richard Charles Hoertkorn CCO	1.64% $4.1M	0.05% 169.0K shares	Q4 2013 Held for 11y 11m	$250.3M
Greenfield Seitz Capital Management, LLC RIA/Wealth	Stuart Edwards Greenfield Managing Partner	1.52% $4.7M	0.05% 194.7K shares	Q4 2023 Held for 1y 11m	$310.2M
Murphy Pohlad Asset Management LLC RIA/Wealth	Aaron Jeffrey Banke President	1.28% $3.3M	0.04% 133.9K shares	≤ Q2 2013 Held for 12y 5m+	$254.9M
Oxbow Advisors, LLC RIA/Wealth	Chance Michael Finucane CIO	1.16% $10.4M	0.12% 428.9K shares	Q2 2025 Held for 5 months	$897.1M
RAHLFS CAPITAL, LLC RIA/Wealth	Brian William Rahlfs CCO	1.00% $1.3M	0.01% 52.2K shares	Q3 2025 Held for 2 months	$126.4M

Hedge Fund Spotlight

Discover hedge funds investing in APA

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerPeter Fitzhugh Brown

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in APA Corporation

Market Value: $38.2M
Shares Held: 1.6M
Portfolio Weight: 0.05%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$1.6B	2.06%
2 Nvidia NVDA	Semiconductors Technology	$1.1B	1.39%
3 Roblox RBLX	Electronic Gaming & Multimedia Technology	$953.5M	1.26%