EQT CORP EQT
COM · Common Stock · CUSIP 26884L109 · ISIN US26884L1098
American energy company
* 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 ($18.6m this quarter). Holder counts are more reliable. Shares outstanding: 441.6m as of 2024-07-19, 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 ≈ $36.98. Options: 32 managers hold calls ($268.0m notional), 36 hold puts ($330.2m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 602 |
| Q4 2022 | 618 |
| Q1 2023 | 602 |
| Q2 2023 | 630 |
| Q3 2023 | 632 |
| Q4 2023 | 649 |
| Q1 2024 | 650 |
| Q2 2024 | 672 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 327 | 283 |
| Q1 2023 | 316 | 302 |
| Q2 2023 | 314 | 295 |
| Q3 2023 | 299 | 301 |
| Q4 2023 | 319 | 281 |
| Q1 2024 | 324 | 300 |
| Q2 2024 | 372 | 262 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $432.8m | $412.0m | 0.95 |
| Q4 2023 | $409.9m | $377.6m | 0.92 |
| Q1 2024 | $235.8m | $325.7m | 1.38 |
| Q2 2024 | $268.0m | $330.2m | 1.23 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +12.4m |
| Sourcerock Group LLC | New | +3.6m |
| Point72 Asset Management, L.P. | New | +2.7m |
| VANGUARD GROUP INC | Added | +2.5m |
| STATE STREET CORP | Added | +2.4m |
| Balyasny Asset Management L.P. | Added | +2.4m |
| BlackRock Inc. | Added | +2.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.9m |
| Merewether Investment Management, LP | New | +1.9m |
| UBS Group AG | Added | +1.5m |
Biggest sellers
| MORGAN STANLEY | Reduced | -8.9m |
| Capital World Investors | Reduced | -5.1m |
| Invesco Ltd. | Reduced | -2.5m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -1.9m |
| Castle Hook Partners LP | Sold out | -1.1m |
| Man Group plc | Reduced | -968.1k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -943.0k |
| THOMPSON SIEGEL & WALMSLEY LLC | Sold out | -854.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -792.3k |
| BANK OF NOVA SCOTIA | Reduced | -768.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $48.1m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $39.0m1.1m shares |
| Twin Tree Management, LP | Added | $33.5m907.1k shares |
| UBS Group AG | Added | $24.5m663.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $18.5m5.0k shares |
| SIMPLEX TRADING, LLC | Added | $15.9m429.6k shares |
| IMC-Chicago, LLC | Added | $14.4m388.3k shares |
| JANE STREET GROUP, LLC | Reduced | $8.2m222.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $7.6m205.7k shares |
| NOMURA HOLDINGS INC | Unchanged | $7.4m200.0k shares |
Biggest puts
| Twin Tree Management, LP | New | $59.7m1.6m shares |
| Parallax Volatility Advisers, L.P. | Added | $31.4m848.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $29.3m792.6k shares |
| UBS Group AG | Reduced | $24.5m663.0k shares |
| CITADEL ADVISORS LLC | Reduced | $22.4m606.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $19.9m539.0k shares |
| Portman Square Capital LLP | Reduced | $17.6m476.1k shares |
| ROYAL BANK OF CANADA | Unchanged | $15.3m413.4k shares |
| JANE STREET GROUP, LLC | Added | $13.1m353.7k shares |
| IMC-Chicago, LLC | Added | $13.1m353.6k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 6.8% |
| STATE STREET CORP 13G · institution new · filed 2025-05-13 | 5.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), WELLINGTON MANAGEMENT GROUP LLP (4.3%, 2026-02-10)
Insider purchases and sales in Q2 2024
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 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $8.6m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $1.2m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $3.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-29 | Jordan William E. EVP, GC AND CORP SEC | Sold | $1.4m35.0k shares |
| 2024-05-28 | Evancho Lesley CHIEF HUMAN RESOURCES OFFICER | Sold | $1.9m46.9k 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 2024
| Manager | Shares | Change |
|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 0.30% of their portfolio | 66.8m $2.5bn | Added +1.9m |
| WELLINGTON MANAGEMENT GROUP LLP 0.35% of their portfolio | 53.5m $2.0bn | Added +12.4m |
| VANGUARD GROUP INC 0.04% of their portfolio | 53.4m $2.0bn | Added +2.5m |
| BlackRock Inc. 0.03% of their portfolio | 34.9m $1.3bn | Added +2.2m |
| STATE STREET CORP 0.05% of their portfolio | 29.8m $1.1bn | Added +2.4m |
| Bank of New York Mellon Corp 0.14% of their portfolio | 20.3m $752.5m | Added +464.8k |
| T. Rowe Price Investment Management, Inc. 0.36% of their portfolio | 15.3m $564.8m | Added +94.3k |
| Capital World Investors 0.07% of their portfolio | 11.4m $420.0m | Reduced -5.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 10.4m $384.2m | Added +894.2k |
| Clearbridge Investments, LLC 0.27% of their portfolio | 9.1m $336.0m | Added +253.2k |
| Invesco Ltd. 0.05% of their portfolio | 6.8m $253.0m | Reduced -2.5m |
| MORGAN STANLEY 0.02% of their portfolio | 6.0m $222.4m | Reduced -8.9m |
| Boston Partners 0.23% of their portfolio | 4.9m $181.4m | Added +1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 4.2m $156.2m | Added +697.8k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 4.1m $152.0m | Added +85.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.0m $146.8m | Reduced -113.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 3.9m $144.4m | Added +358.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 3.7m $135.4m | Added +126.0k |
| Sourcerock Group LLC 9.56% of their portfolio | 3.6m $134.9m | New |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 3.0m $110.1m | Reduced -440.5k |
| UBS Group AG 0.03% of their portfolio | 2.8m $102.9m | Added +1.5m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.8m $102.4m | Reduced -370.2k |
| Point72 Asset Management, L.P. 0.32% of their portfolio | 2.7m $98.1m | New |
| Amundi 0.03% of their portfolio | 2.5m $90.8m | Added +64.6k |
| Balyasny Asset Management L.P. 0.23% of their portfolio | 2.4m $88.6m | Added +2.4m |
| Woodline Partners LP 0.78% of their portfolio | 2.2m $81.2m | Added +378.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.0m $74.5m | Reduced -792.3k |
| BARCLAYS PLC 0.03% of their portfolio | 2.0m $72.8m | Added +1.0m |
| Palo Duro Investment Partners, LP 20.03% of their portfolio | 2.0m $72.7m | Added +106.4k |
| Third Point LLC 0.83% of their portfolio | 1.9m $72.1m | Unchanged |
| Share Andrew L. 38.66% of their portfolio | 1.9m $72.1m | Unchanged |
| APPALOOSA LP 1.14% of their portfolio | 1.9m $70.4m | Reduced -155.0k |
| Merewether Investment Management, LP 3.66% of their portfolio | 1.9m $69.5m | New |
| FIL Ltd 0.06% of their portfolio | 1.7m $64.3m | Reduced -91.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 1.7m $63.2m | Added +26.2k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.6m $60.8m | Added +247.0k |
| Quaker Capital Investments, LLC 18.73% of their portfolio | 1.5m $56.8m | Unchanged |
| Railway Pension Investments Ltd 0.67% of their portfolio | 1.5m $55.9m | Added +215.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.5m $54.5m | Added +326.0k |
| Legal & General Group Plc 0.01% of their portfolio | 1.4m $52.8m | Reduced -208.4k |
| Cannell & Spears LLC 1.07% of their portfolio | 1.4m $51.5m | Added +1.3m |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.3m $47.4m | Added +57.2k |
| Swiss National Bank 0.03% of their portfolio | 1.2m $45.8m | Added +69.4k |
| TD Asset Management Inc 0.04% of their portfolio | 1.2m $45.7m | Added +48.0k |
| CITIGROUP INC 0.04% of their portfolio | 1.2m $45.7m | Added +552.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.2m $43.4m | Added +82.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.1m $42.5m | Added +55.6k |
| FMR LLC 0.00% of their portfolio | 1.1m $40.9m | Reduced -242.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 1.1m $39.1m | Added +133.3k |
| RIPOSTE CAPITAL LLC 9.90% of their portfolio | 1.1m $38.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.0m $37.7m | Added +557.9k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.0m $37.4m | Added +860.1k |
| Jefferies Financial Group Inc. 0.71% of their portfolio | 976.5k $36.1m | Added +395.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 945.4k $35.0m | Added +11.9k |
| PointState Capital LP 1.00% of their portfolio | 944.4k $34.9m | New |
| Vantage Investment Partners, LLC 3.14% of their portfolio | 938.1k $34.7m | Reduced -24.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 938.1k $34.7m | Added +41.5k |
| Alyeska Investment Group, L.P. 0.20% of their portfolio | 915.8k $33.9m | New |
| MBB PUBLIC MARKETS I LLC 0.69% of their portfolio | 909.8k $33.6m | Added +79.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 899.9k $33.3m | Reduced -943.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 840.3k $31.1m | Added +55.4k |
| Anomaly Capital Management, LP 1.12% of their portfolio | 792.8k $29.3m | New |
| SIR Capital Management, L.P. 2.84% of their portfolio | 772.4k $28.6m | Added +752.2k |
| ExodusPoint Capital Management, LP 0.31% of their portfolio | 765.8k $28.3m | New |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 739.6k $27.3m | Added +104.1k |
| Walleye Capital LLC 0.28% of their portfolio | 733.7k $27.1m | Added +415.8k |
| Fiera Capital Corp 0.08% of their portfolio | 726.9k $26.9m | Added +8.1k |
| National Pension Service 0.03% of their portfolio | 711.7k $26.3m | Added +710.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 676.8k $25.0m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.19% of their portfolio | 673.9k $24.9m | New |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 643.4k $23.8m | Reduced -129.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 612.8k $22.7m | Reduced -12.8k |
| SCOUT INVESTMENTS, INC. 0.61% of their portfolio | 609.9k $22.6m | New |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.29% of their portfolio | 592.8k $21.9m | Unchanged |
| California Public Employees Retirement System 0.02% of their portfolio | 582.6k $21.5m | Reduced -58.6k |
| Goehring & Rozencwajg Associates, LLC 4.23% of their portfolio | 576.3k $21.3m | Added +57.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 575.6k $21.3m | Added +106.9k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 567.5k $21.0m | Reduced -367.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 552.7k $20.4m | Added +32.1k |
| HENNESSY ADVISORS INC 0.76% of their portfolio | 544.5k $20.1m | Reduced -105.0k |
| Zurich Insurance Group Ltd/FI 0.17% of their portfolio | 539.5k $19.9m | New |
| Nierenberg Investment Management Company, LLC 11.03% of their portfolio | 508.7k $18.8m | Added +22.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 502.5k $18.6m | Reduced -1.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 491.4k $18.2m | Reduced -96.6k |
| GENDELL JEFFREY L 0.62% of their portfolio | 480.0k $17.8m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.41% of their portfolio | 477.7k $17.7m | New |
| MUHLENKAMP & CO INC 5.20% of their portfolio | 450.6k $16.7m | Reduced -9 |
| SEI INVESTMENTS CO 0.02% of their portfolio | 443.1k $16.4m | Reduced -58.4k |
| HighTower Advisors, LLC 0.02% of their portfolio | 430.3k $15.9m | Added +209.6k |
| Twin Tree Management, LP 0.45% of their portfolio | 418.7k $15.5m | New |
| Man Group plc 0.04% of their portfolio | 410.7k $15.2m | Reduced -968.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 409.1k $15.8m | Added +63.5k |
| Pine Valley Investments Ltd Liability Co 1.10% of their portfolio | 403.2k $14.9m | Added +41.3k |
| Callahan Advisors, LLC 1.45% of their portfolio | 377.8k $14.0m | Reduced -1.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 371.5k $13.7m | Added +103.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 367.9k $13.6m | Added +21.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 357.0k $13.2m | Reduced -55.5k |
| Parallax Volatility Advisers, L.P. 0.33% of their portfolio | 349.6k $12.9m | Added +337.6k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 346.4k $12.8m | Added +217.9k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 341.8k $12.6m | Reduced -60.3k |