APA CORPORATION APA
COM · Common Stock · CUSIP 03743Q108 · ISIN US03743Q1085
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersHouston, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($10.9m this quarter). Holder counts are more reliable. Shares outstanding: 357.8m as of 2025-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $18.29. Options: 31 managers hold calls ($237.5m notional), 29 hold puts ($204.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 649 |
| Q4 2022 | 715 |
| Q1 2023 | 653 |
| Q2 2023 | 623 |
| Q3 2023 | 646 |
| Q4 2023 | 667 |
| Q1 2024 | 665 |
| Q2 2024 | 665 |
| Q3 2024 | 627 |
| Q4 2024 | 651 |
| Q1 2025 | 609 |
| Q2 2025 | 625 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 279 | 298 |
| Q4 2023 | 291 | 309 |
| Q1 2024 | 341 | 310 |
| Q2 2024 | 401 | 252 |
| Q3 2024 | 300 | 323 |
| Q4 2024 | 317 | 298 |
| Q1 2025 | 276 | 343 |
| Q2 2025 | 354 | 258 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $225.6m | $363.0m | 1.61 |
| Q4 2024 | $260.0m | $265.2m | 1.02 |
| Q1 2025 | $230.4m | $192.8m | 0.84 |
| Q2 2025 | $237.5m | $204.1m | 0.86 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +4.6m |
| DIMENSIONAL FUND ADVISORS LP | Added | +3.3m |
| Pacer Advisors, Inc. | Added | +3.2m |
| MORGAN STANLEY | Added | +2.7m |
| UBS Group AG | Added | +2.2m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.9m |
| GOLDMAN SACHS GROUP INC | Added | +1.6m |
| CAPITAL FUND MANAGEMENT S.A. | Added | +1.5m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.1m |
| FMR LLC | Added | +986.2k |
Biggest sellers
| Point72 Asset Management, L.P. | Sold out | -3.1m |
| Squarepoint Ops LLC | Reduced | -1.8m |
| CITADEL ADVISORS LLC | Reduced | -1.5m |
| Invesco Ltd. | Reduced | -1.5m |
| Smead Capital Management, Inc. | Reduced | -1.5m |
| Blackstone Inc. | Reduced | -1.2m |
| BARCLAYS PLC | Reduced | -961.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -859.4k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Sold out | -820.7k |
| Alyeska Investment Group, L.P. | Sold out | -814.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.2m2.1m shares |
| CITADEL ADVISORS LLC | Added | $25.7m1.4m shares |
| JANE STREET GROUP, LLC | Reduced | $20.9m1.1m shares |
| Squarepoint Ops LLC | Reduced | $14.4m787.9k shares |
| SIMPLEX TRADING, LLC | Added | $13.6m743.2k shares |
| PEAK6 LLC | Added | $13.3m725.8k shares |
| Parallax Volatility Advisers, L.P. | Added | $13.0m710.0k shares |
| IMC-Chicago, LLC | Added | $11.3m616.9k shares |
| D. E. Shaw & Co., Inc. | Added | $10.2m558.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $10.1m553.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $29.7m1.6m shares |
| JANE STREET GROUP, LLC | Added | $21.3m1.2m shares |
| PEAK6 LLC | Added | $19.5m1.1m shares |
| CITADEL ADVISORS LLC | Added | $18.7m1.0m shares |
| D. E. Shaw & Co., Inc. | Reduced | $16.6m907.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $16.0m874.5k shares |
| Squarepoint Ops LLC | Reduced | $16.0m874.4k shares |
| Walleye Trading LLC | Added | $10.2m559.7k shares |
| IMC-Chicago, LLC | Added | $8.2m448.0k shares |
| Walleye Capital LLC | Added | $6.9m377.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 13G · institution -1.0 pts · filed 2026-08-12 | 9.0% |
| BlackRock, Inc. 13G · institution +2.0 pts · filed 2026-04-24 | 8.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), HARRIS ASSOCIATES L P (3.3%, 2026-02-17)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 1 | $100.0k | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $1.4m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-04-03 | Joung Chansoo Director | Bought | $1.4m75.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 44.8m $818.9m | Reduced -563.5k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.14% of their portfolio | 36.0m $659.2m | Reduced -397.2k |
| HARRIS ASSOCIATES L P 0.79% of their portfolio | 26.6m $486.6m | Added +897.6k |
| STATE STREET CORP 0.02% of their portfolio | 25.0m $456.5m | Reduced -688.0k |
| BlackRock, Inc. 0.01% of their portfolio | 23.9m $437.0m | Reduced -212.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 14.2m $259.9m | Added +276.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 12.4m $226.0m | Added +3.3m |
| Invesco Ltd. 0.04% of their portfolio | 11.6m $212.6m | Reduced -1.5m |
| Smead Capital Management, Inc. 4.01% of their portfolio | 10.9m $200.1m | Reduced -1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 9.6m $174.9m | Reduced -133.0k |
| MORGAN STANLEY 0.01% of their portfolio | 8.5m $154.8m | Added +2.7m |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 5.2m $95.5m | Added +4.6m |
| Blackstone Inc. 0.37% of their portfolio | 4.5m $82.0m | Reduced -1.2m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 4.3m $78.4m | Added +1.6m |
| UBS Group AG 0.02% of their portfolio | 4.2m $77.4m | Added +2.2m |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 3.6m $66.4m | Reduced -1.5m |
| FMR LLC 0.00% of their portfolio | 3.5m $64.3m | Added +986.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.5m $64.1m | Reduced -111.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.4m $63.0m | Reduced -502.5k |
| Pacer Advisors, Inc. 0.15% of their portfolio | 3.2m $58.9m | Added +3.2m |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 3.1m $56.0m | Added +1.9m |
| TWO SIGMA ADVISERS, LP 0.11% of their portfolio | 3.0m $54.2m | Added +428.3k |
| LSV ASSET MANAGEMENT 0.12% of their portfolio | 2.8m $50.3m | Added +464.5k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 2.7m $49.6m | Added +522.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 2.7m $49.1m | Reduced -752.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 2.5m $45.2m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.2m $40.8m | Added +290.5k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 1.9m $35.6m | Reduced -257.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $34.1m | Added +481.4k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.64% of their portfolio | 1.7m $31.9m | Added +156.0k |
| Nuveen, LLC 0.01% of their portfolio | 1.7m $31.7m | Added +659.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.35% of their portfolio | 1.7m $31.3m | Added +1.5m |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 1.4m $26.2m | Added +104.8k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 1.4m $25.2m | Reduced -70.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.3m $24.7m | Reduced -79.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.3m $23.0m | Reduced -100.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.2m $21.8m | Reduced -51.1k |
| Gotham Asset Management, LLC 0.12% of their portfolio | 1.1m $19.3m | Added +524.5k |
| BARCLAYS PLC 0.01% of their portfolio | 1.0m $18.6m | Reduced -961.3k |
| Squarepoint Ops LLC 0.04% of their portfolio | 966.3k $17.7m | Reduced -1.8m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 914.7k $16.7m | Added +165.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 865.2k $15.8m | Added +132.2k |
| South Dakota Investment Council 0.30% of their portfolio | 860.6k $15.7m | Added +9.3k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 851.6k $15.6m | Added +132.2k |
| KLCM Advisors, Inc. 1.54% of their portfolio | 793.7k $14.5m | Reduced -260.4k |
| Legal & General Group Plc 0.00% of their portfolio | 791.0k $14.5m | Added +111.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 755.5k $13.8m | Added +225.1k |
| Susquehanna Portfolio Strategies, LLC 0.30% of their portfolio | 745.6k $13.6m | New |
| SEI INVESTMENTS CO 0.02% of their portfolio | 743.7k $13.6m | Added +460.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 738.4k $13.5m | Added +44.2k |
| Swiss National Bank 0.01% of their portfolio | 695.6k $12.7m | Reduced -21.4k |
| Quantinno Capital Management LP 0.05% of their portfolio | 681.6k $12.5m | Added +573.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 680.9k $12.5m | Added +188.9k |
| GAMCO INVESTORS, INC. ET AL 0.11% of their portfolio | 627.2k $11.5m | Reduced -7.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 625.1k $11.4m | Added +35.4k |
| Trexquant Investment LP 0.13% of their portfolio | 623.6k $11.4m | Added +239.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 614.0k $11.2m | Reduced -27.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 562.5k $10.3m | Added +171.8k |
| CITIGROUP INC 0.01% of their portfolio | 544.0k $10.0m | Added +119.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 524.0k $9.6m | Added +7.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 519.9k $9.5m | Added +208.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 503.9k $9.2m | Reduced -92.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 489.8k $9.0m | Reduced -859.4k |
| Glenmede Investment Management, LP 0.04% of their portfolio | 465.7k $8.5m | First filing |
| Cerity Partners LLC 0.01% of their portfolio | 441.1k $8.1m | Added +103.2k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.06% of their portfolio | 432.6k $7.9m | Added +448 |
| Oxbow Advisors, LLC 0.86% of their portfolio | 430.6k $7.9m | New |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.28% of their portfolio | 422.4k $7.7m | Added +42.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 419.9k $7.7m | Reduced -300.3k |
| Pacific Heights Asset Management LLC 0.39% of their portfolio | 400.0k $7.3m | Added +100.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 393.2k $7.2m | Reduced -23.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 386.5k $7.1m | Added +18.4k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 376.2k $6.9m | Added +28.5k |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 376.2k $6.9m | Added +35.7k |
| OLD NATIONAL BANCORP /IN/ 0.12% of their portfolio | 373.8k $6.8m | Added +71.3k |
| LPL Financial LLC 0.00% of their portfolio | 373.7k $6.8m | Reduced -20.0k |
| AXA S.A. 0.02% of their portfolio | 373.3k $6.8m | Added +158.4k |
| swisspartners Advisors Ltd 6.36% of their portfolio | 369.5k $6.8m | Added +33.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 358.1k $6.5m | Added +4.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 354.4k $6.5m | Added +298.0k |
| Madison Asset Management, LLC 0.07% of their portfolio | 338.7k $6.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 338.4k $6.2m | Reduced -3.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 335.9k $6.1m | Reduced -50.3k |
| Y-Intercept (Hong Kong) Ltd 0.15% of their portfolio | 333.7k $6.1m | Added +252.0k |
| Douglas Lane & Associates, LLC 0.09% of their portfolio | 325.5k $6.0m | Reduced -131.3k |
| WOODSTOCK CORP 0.55% of their portfolio | 325.1k $5.9m | Added +58.0k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 307.0k $5.6m | Reduced -11.1k |
| Quinn Opportunity Partners LLC 0.47% of their portfolio | 300.3k $5.5m | Unchanged |
| ARIEL INVESTMENTS, LLC 0.06% of their portfolio | 299.5k $5.5m | Added +53.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.10% of their portfolio | 291.1k $5.3m | Reduced -65.3k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 284.3k $5.2m | Added +79.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 284.2k $5.2m | New |
| 1834 INVESTMENT ADVISORS CO 0.65% of their portfolio | 281.3k $5.1m | Added +1.1k |
| BI Asset Management Fondsmaeglerselskab A/S 0.05% of their portfolio | 279.2k $5.1m | Reduced -444.6k |
| Sagefield Capital LP 0.69% of their portfolio | 271.5k $5.0m | Reduced -72.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 266.4k $4.9m | Reduced -28.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 260.6k $4.8m | Reduced -9.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 259.9k $4.8m | Reduced -19.5k |
| Berger Financial Group, Inc 0.30% of their portfolio | 252.2k $4.6m | Added +11.5k |
| STRS OHIO 0.02% of their portfolio | 239.5k $4.4m | Reduced -461.5k |