Vault-13

ENERGY TRANSFER L P ET 9.25 PERP I

9.250% FXD PFD I · PUBLIC · CUSIP 29273V704

58 institutional holders +4 vs Q1 2026
11,643,16611.6m shares reported held*
$133.5mreported value*
7 new 14 added 10 reduced 2 sold out net bought ≈ $4.4m (+386.1k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $11.47.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 26: 54Q2 26: 5858Q1 26Q2 26
Numbers
QuarterHolders
Q1 202654
Q2 202658

Biggest buyers

INFRASTRUCTURE CAPITAL ADVISORS, LLC Added +239,809+239.8k
Janney Montgomery Scott LLC New +47,842+47.8k
Cambridge Investment Research Advisors, Inc. Added +26,752+26.8k
HUB Investment Partners, LLC New +22,202+22.2k
Arax Advisory Partners New +20,000+20.0k
REGIONS FINANCIAL CORP New +18,635+18.6k
Parcion Private Wealth LLC New +17,232+17.2k
Magnus Financial Group LLC Added +14,496+14.5k
MORGAN STANLEY Added +9,409+9.4k
Rockefeller Capital Management L.P. Added +9,000+9.0k

Biggest sellers

SUMMITRY LLC Sold out -35,000-35.0k
OSAIC HOLDINGS, INC. Reduced -9,382-9.4k
Clear Harbor Asset Management, LLC Reduced -8,935-8.9k
Sigma Planning Corp Reduced -5,662-5.7k
Mezzasalma Advisors, LLC Reduced -3,700-3.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -3,100-3.1k
D.A. DAVIDSON & CO. Reduced -2,893-2.9k
Oxbow Advisors, LLC Reduced -2,542-2.5k
TD Waterhouse Canada Inc. Sold out -1,245-1.2k
Beacon Financial Advisory LLC Reduced -707-707

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 INFRASTRUCTURE CAPITAL ADVISORS, LLC 4.70% of their portfolio New York, NY 5,251,4555.3m $60.2m $60.2m 4.70% Added +239.8k +239,809
2 KIM, LLC 3.23% of their portfolio WICHITA, KS 2,074,0342.1m $23.8m $23.8m 3.23% Unchanged
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 481,835481.8k $5.5m $5.5m 0.00% Added +2.3k +2,289
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 475,515475.5k $5.4m $5.4m 0.00% Unchanged
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 464,388464.4k $5.3m $5.3m 0.00% Added +5.4k +5,417
6 Magnus Financial Group LLC 0.30% of their portfolio NEW YORK, NY 370,051370.1k $4.2m $4.2m 0.30% Added +14.5k +14,496
7 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 357,533357.5k $4.1m $4.1m 0.02% Reduced -2.9k -2,893
8 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 354,336354.3k $4.1m $4.1m 0.03% Added +3.7k +3,710
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 205,763205.8k $2.4m $2.4m 0.00% Added +9.4k +9,409
10 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 204,771204.8k $2.3m $2.3m 0.01% Unchanged
11 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 134,388134.4k $1.5m $1.5m 0.00% Added +600 +600
12 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 119,373119.4k $1.4m $1.4m 0.01% Unchanged
13 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 84,09184.1k $963.7k $963.7k 0.00% Reduced -3.1k -3,100
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 81,72781.7k $936.6k $936.6k 0.00% Added +3.2k +3,244
15 Phraction Management LLC 0.20% of their portfolio COLCHESTER, CT 71,51071.5k $819.5k $819.5k 0.20% Added +2.8k +2,810
16 Kamunting Street Capital Management, L.P. 0.41% of their portfolio MIAMI BEACH, FL 64,48164.5k $739.0k $739.0k 0.41% Unchanged
17 Sowell Financial Services LLC 0.02% of their portfolio NORTH LITTLE ROCK, AR 63,09763.1k $723.1k $723.1k 0.02% Reduced -550 -550
18 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 63,01563.0k $722.2k $722.2k 0.00% Unchanged
19 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 58,80258.8k $674.0k $674.0k 0.00% Added +26.8k +26,752
20 Clear Harbor Asset Management, LLC 0.04% of their portfolio Stamford, CT 58,15058.1k $666.4k $666.4k 0.04% Reduced -8.9k -8,935
21 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 47,84247.8k $548.0k $548.0k 0.00% New
22 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 45,87145.9k $528.9k $528.9k 0.01% Unchanged
23 Mezzasalma Advisors, LLC 0.09% of their portfolio TINTON FALLS, NJ 40,64040.6k $465.7k $465.7k 0.09% Reduced -3.7k -3,700
24 One Charles Private Wealth Services, LLC 0.11% of their portfolio HINGHAM, MA 39,88839.9k $457.1k $457.1k 0.11% Unchanged
25 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 29,46129.5k $337.6k $337.6k 0.01% Reduced -5.7k -5,662
26 Terril Brothers, Inc. 0.08% of their portfolio St. Louis, MO 27,12527.1k $310.9k $310.9k 0.08% Unchanged
27 LAZARI CAPITAL MANAGEMENT, INC. 0.09% of their portfolio WOODLAND HILLS, CA 24,50024.5k $280.8k $280.8k 0.09% Unchanged
28 XML Financial, LLC 0.02% of their portfolio BETHESDA, MD 23,75023.8k $272.2k $272.2k 0.02% Added +2.6k +2,600
29 HUB Investment Partners, LLC 0.00% of their portfolio AUSTIN, TX 22,20222.2k $254.4k $254.4k 0.00% New
30 Beacon Financial Advisory LLC 0.05% of their portfolio CLEVELAND, OH 21,76621.8k $249.4k $249.4k 0.05% Reduced -707 -707
31 Oxbow Advisors, LLC 0.02% of their portfolio Austin, TX 21,71921.7k $248.9k $248.9k 0.02% Reduced -2.5k -2,542
32 Mraz, Amerine & Associates, Inc. 0.03% of their portfolio Modesto, CA 20,69720.7k $237.2k $237.2k 0.03% Unchanged
33 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 20,00020.0k $229.2k $229.2k 0.00% Unchanged
34 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 20,00020.0k $229.2k $229.2k 0.00% New
35 Mariner, LLC 0.00% of their portfolio Overland Park, KS 19,61819.6k $224.8k $224.8k 0.00% Added +5.9k +5,900
36 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 18,63518.6k $213.6k $213.6k 0.00% New
37 Parcion Private Wealth LLC 0.01% of their portfolio BELLEVUE, WA 17,23217.2k $197.5k $197.5k 0.01% New
38 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 15,80015.8k $181.1k $181.1k 0.00% Unchanged
39 Pasadena Private Wealth, LLC 0.02% of their portfolio PASADENA, CA 15,20015.2k $174.2k $174.2k 0.02% Unchanged
40 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 13,54113.5k $155.2k $155.2k 0.00% Unchanged
41 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 13,00013.0k $149.0k $149.0k 0.00% Added +9.0k +9,000
42 Samalin Investment Counsel, LLC 0.04% of their portfolio CHAPPAQUA, NY 10,68410.7k $122.4k $122.4k 0.04% Reduced -425 -425
43 NORTHCAPE WEALTH MANAGEMENT, LLC 0.03% of their portfolio WILLIAMSVILLE, NY 10,00010.0k $114.6k $114.6k 0.03% Unchanged
44 Abel Hall, LLC 0.02% of their portfolio BATON ROUGE, LA 10,00010.0k $114.6k $114.6k 0.02% Unchanged
45 OceanIQ Capital, LLC 0.07% of their portfolio PALO ALTO, CA 10,00010.0k $114.9k $114.9k 0.07% First filing
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,1579.2k $105.0k $105.0k 0.00% Added +996 +996
47 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 8,3008.3k $95.1k $95.1k 0.00% Unchanged
48 Kozak & Associates, Inc. 0.02% of their portfolio HIGHLANDS RANCH, CO 8,2458.2k $94.2k $94.2k 0.02% New
49 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,3877.4k $84.7k $84.7k 0.00% Reduced -9.4k -9,382
50 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 5,5745.6k $63.9k $63.9k 0.00% First filing
51 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 5,0005.0k $57.3k $57.3k 0.00% Unchanged
52 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 4,6824.7k $53.7k $53.7k 0.00% Unchanged
53 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 3,0003.0k $34.4k $34.4k 0.00% Unchanged
54 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 2,0002.0k $22.9k $22.9k 0.00% Unchanged
55 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,3351.3k $15.3k $15.3k 0.00% Unchanged
56 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 132132 $1.5k $1.5k 0.00% Unchanged
57 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2424 $275 $275 0.00% Unchanged
58 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11 $10 $10 0.00% New