EQT Corporation

EQT • NYSE

EQT Corporation is a oil & gas exploration & production company in the energy sector on NYSE, led by Robert J. McNally, with a market cap of $35.0B. As of Q3 2025, 93% of shares are held by 1,001 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.73%.

President and Chief Executive OfficerRobert J. McNally

Market Cap$35.0B

Oil & Gas Exploration & Production

Energy

Employees881.0

Websiteeqt.com

Country

United States of America

Overview

Overview of institutional ownership in EQT as of Q3 2025 with a market cap of $34.0B

All Institutions

Institutions: 1,001
Value Held: $31.6B
Shares Held: 580.4M
Avg Position: $31.6M
Median Position: $953.9K

Hedge Funds

Hedge Funds: 95
Value Held: $2.5B
Shares Held: 46.6M
Avg Position: $26.7M
Median Position: $4.3M

Ownership Breakdown

Institutional (non-HF)

85.62%

$29.1B

Hedge Funds

7.47%

$2.5B

Retail & Other

6.91%

$2.3B

Based on market cap of $34.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EQT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$4.3B 0.06% of portfolio	12.73% 79.5M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$2.6B 0.05% of portfolio	7.67% 47.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$2.3B 0.40% of portfolio	6.76% 42.2M shares	Q2 2022 Held for 3y 5m	$571.21B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.8B 0.06% of portfolio	5.44% 34.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.3B 0.08% of portfolio	3.84% 24.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
Blackstone Group L.P. Institution	Jonathan D. Gray President	$995.1M 4.29% of portfolio	2.93% 18.3M shares	Q2 2025 Held for 5 months	$23.2B
C Capital International Investors Institution	-	$963.6M 0.16% of portfolio	2.84% 17.7M shares	Q3 2024 Held for 1y 2m	$615.90B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$925.9M 0.06% of portfolio	2.71% 16.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$645.4M 0.07% of portfolio	1.90% 11.9M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$642.3M 0.12% of portfolio	1.89% 11.8M shares	≤ Q2 2013 Held for 12y 5m+	$556.34B

Net Capital Flow

Institutional buying and selling activity for EQT in Q3 2025

Traded: +$1.2B
Buyers: 535
Sellers: 494
Total Bought: +$4.6B
Total Sold: −$3.4B
Avg Position: $27.2M

Biggest Buyers

Institution	Net Bought	Current Position
Blackstone Group L.P. Institution	+$994.9M +18.3M shares	$995.1M 18.3M shares
Capital Research Global Investors RIA/Wealth	+$538.6M +9.9M shares	$538.6M 9.9M shares
VANGUARD GROUP INC Institution	+$251.6M +4.6M shares	$4.3B 79.5M shares
Slate Path Capital LP Hedge Fund•Long/Short	+$187.6M +3.4M shares	$323.3M 5.9M shares
P Pacer Advisors, Inc. Institution	+$171.0M +3.1M shares	$173.6M 3.2M shares
MORGAN STANLEY RIA/Wealth	+$142.7M +2.6M shares	$1.3B 24.0M shares
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	+$137.0M +2.5M shares	$378.5M 7.0M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$109.8M +2.0M shares	$169.1M 3.1M shares
V Value Aligned Research Advisors, LLC Hedge Fund•Long/Short	+$103.1M +1.9M shares	$127.7M 2.3M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$92.3M +1.7M shares	$925.9M 16.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
Castle Hook Partners LP Hedge Fund•Global Macro	−$434.5M −7.5M shares	Sold Off 0 shares
Sourcerock Group LLC Hedge Fund•Long/Short	−$159.0M −2.7M shares	Sold Off 0 shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$145.7M −2.5M shares	Sold Off 0 shares
A Assenagon Asset Management S.A. Institution	−$119.9M −2.2M shares	$110.5M 2.0M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$93.0M −1.7M shares	$744.2K 13.7K shares
R Railway Pension Investments Ltd Institution	−$84.2M −1.4M shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$82.4M −1.4M shares	Sold Off 0 shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$81.1M −1.5M shares	$645.4M 11.9M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$77.8M −1.4M shares	$213.1M 3.9M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$73.0M −1.3M shares	$514.2M 9.4M shares

Entry and Exit Activity

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

New Positions: 70
New Value: $691.1M
Exited Positions: 161
Exited Value: $1.7B

New Positions

Institution	Position Value
Capital Research Global Investors RIA/Wealth	$538.6M 9.9M shares
C Carrhae Capital LLP Hedge Fund•Long/Short	$28.3M 520.0K shares
Howard Capital Management Group, LLC RIA/Wealth	$22.9M 420.6K shares
BRAUN STACEY ASSOCIATES INC Private Equity	$22.5M 413.9K shares
B BAILLIE GIFFORD & CO Institution	$15.0M 275.6K shares
P Panview Capital Ltd Institution	$13.6M 250.0K shares
Nishkama Capital, LLC Hedge Fund•Sector	$10.1M 185.9K shares
DAVIDSON INVESTMENT ADVISORS Long Only Manager	$9.7M 178.4K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$5.6M 102.6K shares
G Game Creek Capital, LP Hedge Fund•Long/Short	$2.9M 53.8K shares

Exited Positions

Institution	Previous Position
Castle Hook Partners LP Hedge Fund•Global Macro	$434.5M 7.5M shares
Sourcerock Group LLC Hedge Fund•Long/Short	$159.0M 2.7M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$145.7M 2.5M shares
R Railway Pension Investments Ltd Institution	$84.2M 1.4M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$82.4M 1.4M shares
Holocene Advisors, LP Hedge Fund•Long/Short	$72.5M 1.2M shares
Encompass Capital Advisors LLC Hedge Fund•Long/Short	$64.1M 1.1M shares
Clean Energy Transition LLP Hedge Fund•Long/Short	$62.3M 1.1M shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	$52.5M 900.3K shares
Webs Creek Capital Management LP Hedge Fund•Long/Short	$47.5M 814.9K shares

Options Activity

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

Call Positions: 46
Call Value: $533.2M
Put Positions: 37
Put Value: $692.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$137.2M 25.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$80.5M 14.8K contracts
J JANE STREET GROUP, LLC Institution	$44.7M 8.2K contracts
Y Yaupon Capital Management LP Hedge Fund•Multi-Strategy	$27.2M 5.0K contracts
W WOLVERINE TRADING, LLC Institution	$23.3M 4.3K contracts
GOLDMAN SACHS GROUP INC Institution	$21.8M 4.0K contracts
Nishkama Capital, LLC Hedge Fund•Sector	$21.0M 3.9K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$17.1M 3.1K contracts
Walleye Trading LLC RIA/Wealth	$16.8M 3.1K contracts
Hiddenite Capital Partners LP Hedge Fund•Long/Short	$13.6M 2.5K contracts

Put Positions

Institution	Position Value
N NOMURA HOLDINGS INC Institution	$143.9M 26.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$112.2M 20.6K contracts
J JANE STREET GROUP, LLC Institution	$94.6M 17.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$80.3M 14.7K contracts
BARCLAYS PLC Institution	$37.6M 6.9K contracts
Ripple Effect Asset Management LP Hedge Fund•Long/Short	$27.2M 5.0K contracts
GOLDMAN SACHS GROUP INC Institution	$25.6M 4.7K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$19.0M 3.5K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$16.8M 3.1K contracts
W WOLVERINE TRADING, LLC Institution	$16.2M 3.0K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Share Andrew L. Institution	-	71.92% $104.0M	0.31% 1.9M shares	Q4 2017 Held for 7y 11m	$144.6M
TLS Advisors LLC Hedge Fund•Global Macro	Jennifer Ann Lidel President	24.11% $7.4M	0.02% 135.8K shares	Q4 2022 Held for 2y 11m	$30.7M
L LSP Investment Advisors, LLC Institution	-	23.40% $38.9M	0.11% 715.5K shares	Q1 2025 Held for 8 months	$166.4M
P PICKERING ENERGY PARTNERS LP Institution	-	19.48% $887.2K	0.00% 16.3K shares	Q1 2024 Held for 1y 8m	$4.6M
Q Quaker Capital Investments, LLC Institution	-	16.77% $62.3M	0.18% 1.1M shares	Q1 2019 Held for 6y 8m	$371.6M
Nierenberg Investment Management Company, Inc. Hedge Fund•Value	Damon Laughlin Benedict President	16.15% $29.2M	0.09% 536.7K shares	Q4 2020 Held for 4y 11m	$180.9M
Ripple Effect Asset Management LP Hedge Fund•Long/Short	Donald Stoltz COO	14.57% $25.3M	0.07% 465.0K shares	Q4 2024 Held for 11 months	$173.7M
M Mercuria Capital Strategies, LLC Institution	-	13.57% $10.3M	0.03% 189.2K shares	Q4 2024 Held for 11 months	$75.9M
G Gemsstock Ltd. RIA/Wealth	Susan Michelle Williams President	9.63% $36.6M	0.11% 672.6K shares	Q1 2025 Held for 8 months	$380.1M
Palo Duro Investment Partners, LP Hedge Fund•Sector	Matthew Waller Dougherty Founder	9.37% $29.6M	0.09% 543.0K shares	Q1 2023 Held for 2y 8m	$315.3M

Hedge Fund Spotlight

Discover hedge funds investing in EQT

AIGEN INVESTMENT MANAGEMENT, LP

Hedge Fund • Long/Short

Portfolio ManagerJuhua Zhu

Portfolio Value: $646.1M
Positions: 764
Last Reported: Q3 2025

Sector Allocation

Position in EQT Corporation

Market Value: $252.6K
Shares Held: 4.6K
Portfolio Weight: 0.04%
Owned Since: 2024-Q3

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