Oneok

OKE • NYSE

Oneok is a oil & gas midstream company in the energy sector on NYSE, led by Pierce H. Norton II, with a market cap of $46.3B. As of Q3 2025, 72% of shares are held by 1,440 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.26%.

President and Chief Executive OfficerPierce H. Norton II

Market Cap$46.3B

Oil & Gas Midstream

Energy

Employees4.8K

Websiteoneok.com

Country

United States of America

Overview

Overview of institutional ownership in OKE as of Q3 2025 with a market cap of $46.0B

All Institutions

Institutions: 1,440
Value Held: $32.9B
Shares Held: 451.2M
Avg Position: $22.9M
Median Position: $780.8K

Hedge Funds

Hedge Funds: 67
Value Held: $550.6M
Shares Held: 7.5M
Avg Position: $8.2M
Median Position: $2.0M

Ownership Breakdown

Institutional (non-HF)

70.43%

$32.4B

Hedge Funds

1.2%

$550.6M

Retail & Other

28.37%

$13.0B

Based on market cap of $46.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in OKE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.6B 0.08% of portfolio	12.26% 77.2M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$4.1B 0.07% of portfolio	8.86% 55.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.8B 0.10% of portfolio	6.00% 37.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$1.6B 0.26% of portfolio	3.50% 22.0M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.2B 0.07% of portfolio	2.55% 16.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$840.1M 0.05% of portfolio	1.83% 11.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$650.8M 0.10% of portfolio	1.42% 8.9M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$566.9M 1.03% of portfolio	1.23% 7.8M shares	Q3 2023 Held for 2y 2m	$54.9B
UBS Group AG Institution	Sergio P. Ermotti CEO	$463.6M 0.09% of portfolio	1.01% 6.4M shares	Q4 2014 Held for 10y 11m	$511.54B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$461.7M 0.06% of portfolio	1.00% 6.3M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B

Net Capital Flow

Institutional buying and selling activity for OKE in Q3 2025

Traded: +$495.1M
Buyers: 697
Sellers: 672
Total Bought: +$1.9B
Total Sold: −$1.4B
Avg Position: $20.5M

Biggest Buyers

Institution	Net Bought	Current Position
Blackstone Group L.P. Institution	+$233.9M +3.2M shares	$258.5M 3.5M shares
Clearbridge Investments, LLC Long Only Manager	+$168.3M +2.3M shares	$298.3M 4.1M shares
GOLDMAN SACHS GROUP INC Institution	+$119.3M +1.6M shares	$440.8M 6.0M shares
F First Eagle Investment Management, LLC Long Only Manager	+$110.4M +1.5M shares	$566.9M 7.8M shares
UBS Group AG Institution	+$70.8M +969.7K shares	$463.6M 6.4M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	+$65.7M +900.0K shares	$67.5M 924.9K shares
M MACQUARIE GROUP LTD Institution	+$56.3M +771.4K shares	$125.8M 1.7M shares
VANGUARD GROUP INC Institution	+$51.9M +711.6K shares	$5.6B 77.2M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$51.4M +703.8K shares	$396.5M 5.4M shares
A AMERICAN CENTURY COMPANIES INC Institution	+$46.9M +642.4K shares	$145.8M 2.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
M Man Group plc Institution	−$92.0M −1.3M shares	$21.8M 298.8K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$91.3M −1.3M shares	$287.2M 3.9M shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$68.5M −938.9K shares	$104.2M 1.4M shares
C CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM Institution	−$58.1M −796.6K shares	$130.8M 1.8M shares
B BlackRock, Inc. Institution	−$57.3M −784.9K shares	$4.1B 55.8M shares
R ROYAL BANK OF CANADA Institution	−$48.3M −662.2K shares	$98.7M 1.4M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$45.6M −625.0K shares	$18.7M 256.0K shares
A Assenagon Asset Management S.A. Institution	−$45.0M −617.1K shares	$42.9M 587.5K shares
M Mitsubishi UFJ Trust & Banking Corp Institution	−$41.8M −573.0K shares	$162.1M 2.2M shares
BANK OF AMERICA CORP /DE/ Institution	−$39.2M −537.4K shares	$290.3M 4.0M shares

Entry and Exit Activity

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

New Positions: 57
New Value: $21.5M
Exited Positions: 168
Exited Value: $167.3M

New Positions

Institution	Position Value
Corigliano Investment Advisers, LLC Hedge Fund•Sector	$3.0M 40.8K shares
BTG Pactual Asset Management US LLC Hedge Fund•Multi-Strategy	$2.2M 30.5K shares
Tevis Investment Management RIA/Wealth	$1.7M 22.8K shares
Traynor Capital Management, Inc. RIA/Wealth	$841.6K 11.5K shares
Paradiem, LLC RIA/Wealth	$823.4K 11.3K shares
T TEMA ETFS LLC Institution	$801.5K 11.0K shares
A Abel Hall, LLC RIA/Wealth	$794.1K 10.9K shares
Guardian Partners Inc. RIA/Wealth	$780.9K 10.7K shares
T TT Capital Management LLC Institution	$689.6K 9.5K shares
S Salvus Wealth Management, LLC Institution	$676.8K 9.3K shares

Exited Positions

Institution	Previous Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	$31.2M 381.8K shares
C Clarity Financial LLC Institution	$15.0M 183.4K shares
Cinctive Capital Management LP Hedge Fund•Multi-Strategy	$9.6M 117.6K shares
A AXA Institution	$8.3M 101.5K shares
CONTRAVISORY INVESTMENT MANAGEMENT, INC. Long Only Manager	$7.5M 91.9K shares
R RR Advisors, LLC Hedge Fund•Sector	$6.0M 74.0K shares
Q Qsemble Capital Management, LP Hedge Fund•Quant	$5.4M 66.3K shares
KLEIN PAVLIS & PEASLEY FINANCIAL, INC. RIA/Wealth	$4.5M 55.5K shares
L LMR Partners LLP Institution	$3.7M 45.6K shares
Andrew Hill Investment Advisors, Inc. RIA/Wealth	$3.7M 45.0K shares

Options Activity

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

Call Positions: 34
Call Value: $333.5M
Put Positions: 31
Put Value: $206.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$68.5M 9.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$44.9M 6.1K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$34.9M 4.8K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$23.3M 3.2K contracts
BANK OF AMERICA CORP /DE/ Institution	$22.1M 3.0K contracts
W WOLVERINE TRADING, LLC Institution	$20.5M 2.8K contracts
GOLDMAN SACHS GROUP INC Institution	$13.9M 1.9K contracts
J JANE STREET GROUP, LLC Institution	$13.8M 1.9K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$13.5M 1.9K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$12.8M 1.8K contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$35.1M 4.8K contracts
GOLDMAN SACHS GROUP INC Institution	$26.3M 3.6K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$26.1M 3.6K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$16.3M 2.2K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$9.7M 1.3K contracts
J JANE STREET GROUP, LLC Institution	$9.6M 1.3K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$8.9M 12.2 contracts
Caption Management, LLC Hedge Fund•Long/Short	$8.7M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$7.9M 1.1K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$7.3M 997.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
CHICKASAW CAPITAL MANAGEMENT LLC Long Only Manager	Matthew Gregory Mead Managing Partner	8.14% $197.3M	0.43% 2.7M shares	Q4 2022 Held for 2y 11m	$2.4B
Recurrent Investment Advisors LLC Long Only Manager	Bradley Richard Olsen Managing Partner	6.24% $81.4M	0.18% 1.1M shares	Q2 2023 Held for 2y 5m	$1.3B
H Heronetta Management, L.P. Hedge Fund•Sector	Henry Reynolds Breck Managing Partner	6.08% $11.4M	0.02% 155.8K shares	Q3 2017 Held for 8y 2m	$187.0M
SL ADVISORS, LLC Long Only Manager	Simon Anthony Lack Managing Partner	5.95% $3.0M	0.01% 41.5K shares	Q2 2016 Held for 9y 5m	$50.8M
KAYNE ANDERSON CAPITAL ADVISORS LP Private Equity	Albert Rabil CEO	5.77% $259.9M	0.57% 3.6M shares	≤ Q2 2013 Held for 12y 5m+	$4.5B
TORTOISE CAPITAL ADVISORS, L.L.C. Real Assets	Thomas Ibberson Florence CEO	4.98% $386.0M	0.84% 5.3M shares	≤ Q2 2013 Held for 12y 5m+	$7.8B
S Sprinkle Financial Consultants LLC RIA/Wealth	Sean Gary Sprinkle Managing Partner	4.81% $8.6M	0.02% 117.3K shares	Q4 2023 Held for 1y 11m	$178.0M
CUSHING MLP ASSET MANAGEMENT, LP Long Only Manager	John Marshall Musgrave CEO	4.63% $81.5M	0.18% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.8B
Corps Capital Advisors, LLC RIA/Wealth	Constantinos George Maniatis Managing Partner	4.51% $3.0M	0.01% 40.7K shares	Q4 2024 Held for 11 months	$65.9M
S SIR Capital Management, L.P. Hedge Fund•Long/Short	Mirco Ronald Elias CFO	4.29% $47.8M	0.10% 655.0K shares	Q1 2025 Held for 8 months	$1.1B

Hedge Fund Spotlight

Discover hedge funds investing in OKE

L2 Asset Management, LLC

Hedge Fund • Long/Short

Portfolio ManagerMatthew Justin Malgari

Portfolio Value: $683.4M
Positions: 357
Last Reported: Q3 2025

Sector Allocation

Position in Oneok

Market Value: $215.7K
Shares Held: 3.0K
Portfolio Weight: 0.03%
Owned Since: 2024-Q3

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