ENERGY TRANSFER L P (ET) — Hedge Fund Ownership Q4 2025
ET
- ENERGY TRANSFER L P (ET) is held by 5 of 82 tracked hedge funds, with Cooperman Capital (7%) and Patient Capital Management (3%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in ET holdings came from Patient Capital Management (+8%) and Cooperman Capital (+2%), highlighting conviction.
- The biggest decreases in ET holdings came from Appaloosa Management (-56%) and Abrams Capital Management (-1%), suggesting profit-taking or de-risking.
- Overall, hedge funds decreased exposure to ENERGY TRANSFER L P (ET) by -8% vs the prior quarter and -35% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Cooperman Capital
|
7.29% | 13.3M | +1.72% | +5.21% | $219.6M | $16.49 | — |
| 2 |
Patient Capital Management Samantha McLemore
|
3.36% | 5.3M | +7.87% | +3.55% | $86.9M | $16.49 | — |
| 3 |
Abrams Capital Management
|
1.78% | 6.1M | -1.46% | -65.71% | $100.8M | $16.49 | — |
| 4 |
Appaloosa Management
|
0.53% | 2.2M | -55.80% | -55.41% | $36.1M | $16.49 | — |
| 5 |
Fairholme Capital Management Bruce Berkowitz
|
0.19% | 167K | — | -80.47% | $2.7M | $16.49 | — |
| 5 | Total | — | 27.1M | -7.66% | -34.55% | $446.3M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.