ENTERPRISE PRODS PARTNERS L EPD
COM · MLP · CUSIP 293792107
American fuel company
- SectorUtilities
- IndustryNatural Gas Transmission
- HeadquartersHouston, TX
- Founded1968
- Websiteenterpriseproducts.com
- 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 ($15.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.37. Options: 20 managers hold calls ($272.3m notional), 22 hold puts ($150.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,131 |
| Q4 2022 | 1,177 |
| Q1 2023 | 1,187 |
| Q2 2023 | 1,210 |
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 | 520 | 358 |
| Q1 2023 | 518 | 403 |
| Q2 2023 | 507 | 411 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $308.6m | $151.6m | 0.49 |
| Q4 2022 | $320.0m | $184.6m | 0.58 |
| Q1 2023 | $315.8m | $140.4m | 0.44 |
| Q2 2023 | $272.3m | $150.2m | 0.55 |
Biggest buyers
| Brookfield Corp /ON/ | Added | +4.0m |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Added | +3.8m |
| Blackstone Inc. | Added | +2.5m |
| CIBC Private Wealth Group LLC | Added | +2.3m |
| ING GROEP NV | Added | +1.5m |
| Invesco Ltd. | Added | +1.1m |
| AMERICAN CENTURY COMPANIES INC | Added | +788.3k |
| EXCHANGE TRADED CONCEPTS, LLC | Added | +745.6k |
| SailingStone Capital Partners LLC | Added | +729.5k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +716.6k |
Biggest sellers
| FMR LLC | Reduced | -14.1m |
| BlackRock Inc. | Reduced | -4.0m |
| BARCLAYS PLC | Reduced | -2.5m |
| UBS Group AG | Reduced | -2.4m |
| CITIGROUP INC | Reduced | -2.4m |
| MORGAN STANLEY | Reduced | -1.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.2m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -1.2m |
| BANK OF MONTREAL /CAN/ | Reduced | -959.4k |
| Energy Income Partners, LLC | Reduced | -751.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $93.4m3.5m shares |
| CITADEL ADVISORS LLC | Reduced | $59.4m2.3m shares |
| UBS Group AG | Added | $27.8m1.1m shares |
| Squarepoint Ops LLC | Added | $12.3m468.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $11.4m433.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.1m422.3k shares |
| JPMORGAN CHASE & CO | Added | $10.8m411.6k shares |
| GROUP ONE TRADING LLC | Added | $10.3m391.6k shares |
| JANE STREET GROUP, LLC | Reduced | $10.0m378.2k shares |
| NOMURA HOLDINGS INC | Added | $7.5m284.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $55.0m2.1m shares |
| UBS Group AG | Added | $22.7m860.1k shares |
| Squarepoint Ops LLC | Added | $14.9m565.8k shares |
| HSBC HOLDINGS PLC | Unchanged | $8.0m301.4k shares |
| JANE STREET GROUP, LLC | Added | $6.6m250.5k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $6.6m250.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.5m209.6k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5m172.5k shares |
| Walleye Capital LLC | New | $4.3m163.6k shares |
| GROUP ONE TRADING LLC | Added | $4.1m156.0k 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 |
|---|---|
WILLIAMS RANDA DUNCAN
13D · may seek influence
+0.2 pts · filed 2026-10-02
Stated purposeItem 4 of each of the Original Schedule 13D and the Duncan Trustee Schedule 13D is hereby amended to add the paragraphs below: The information set forth under Item 3 is incorporated into this Item 4 by reference. The purpose of the Phantom Unit Awards is to promote the interests of EPCO, the Issuer, and EPD GP by providing Ms. Williams (as a key EPCO employee) with incentive compensation awards to encourage superior performance. The purpose of the 2025-2026 DRIP Unit Purchases by Alkek and Chaswil is to hold the purchased securities for investment purposes. Other than described above, none of the Reporting Persons has any plans or proposals of the type referred to in clauses (a) through (j) of Item 4 of Schedule 13D, although they reserve the right to formulate such plans or proposals … Full filing |
32.6% |
Insider purchases and sales in Q2 2023
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 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 2 | $336.6k | 0 | — | — |
| Q1 2022 | 1 | $593.6k | 0 | — | — |
| Q2 2022 | 2 | $707.7k | 0 | — | — |
| Q3 2022 | 1 | $167.6k | 0 | — | — |
| Q4 2022 | 3 | $955.8k | 0 | — | — |
| Q1 2023 | 1 | $400.8k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Marquard & Bahls AG 80.45% of their portfolio | 36.9m $973.6m | Unchanged |
| ALPS ADVISORS INC 7.23% of their portfolio | 31.6m $832.2m | Reduced -738.9k |
| CIBC Private Wealth Group LLC 0.71% of their portfolio | 24.5m $646.5m | Added +2.3m |
| BlackRock Inc. 0.02% of their portfolio | 20.7m $545.1m | Reduced -4.0m |
| Blackstone Inc. 2.37% of their portfolio | 20.7m $544.4m | Added +2.5m |
| GOLDMAN SACHS GROUP INC 0.13% of their portfolio | 19.4m $510.7m | Reduced -700.5k |
| MORGAN STANLEY 0.05% of their portfolio | 18.5m $486.4m | Reduced -1.6m |
| NEUBERGER BERMAN GROUP LLC 0.42% of their portfolio | 17.9m $472.6m | Reduced -276.4k |
| Fayez Sarofim & Co 1.53% of their portfolio | 16.6m $438.2m | Added +62.6k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 6.49% of their portfolio | 15.8m $425.3m | Added +3.8m |
| AMERICAN CENTURY COMPANIES INC 0.30% of their portfolio | 15.2m $399.9m | Added +788.3k |
| FMR LLC 0.03% of their portfolio | 15.0m $396.5m | Reduced -14.1m |
| Energy Income Partners, LLC 8.05% of their portfolio | 14.4m $378.5m | Reduced -751.3k |
| Clearbridge Investments, LLC 0.31% of their portfolio | 13.0m $343.6m | Reduced -152.4k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 8.85% of their portfolio | 11.1m $293.2m | Reduced -135.2k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 10.8m $285.3m | Reduced -1.2m |
| UBS Group AG 0.12% of their portfolio | 10.5m $276.2m | Reduced -2.4m |
| Ensign Peak Advisors, Inc 0.49% of their portfolio | 9.3m $243.8m | Unchanged |
| Invesco Ltd. 0.06% of their portfolio | 9.2m $242.3m | Added +1.1m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 8.7m $228.2m | Reduced -300.4k |
| Mirae Asset Global Investments Co., Ltd. 0.47% of their portfolio | 8.3m $219.0m | Reduced -150.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.13% of their portfolio | 7.0m $183.3m | Reduced -1.2m |
| WESTWOOD HOLDINGS GROUP INC 1.39% of their portfolio | 5.9m $154.7m | Reduced -104.9k |
| Hamlin Capital Management, LLC 4.37% of their portfolio | 4.9m $130.4m | Added +5.2k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 4.8m $125.4m | Added +101.3k |
| CHICKASAW CAPITAL MANAGEMENT LLC 6.89% of their portfolio | 4.7m $124.6m | Reduced -349.5k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 4.6m $121.6m | Added +48.7k |
| Brookfield Corp /ON/ 0.47% of their portfolio | 4.5m $118.5m | Added +4.0m |
| FAIRHOLME CAPITAL MANAGEMENT LLC 8.84% of their portfolio | 4.4m $116.3m | Added +230.4k |
| RAYMOND JAMES & ASSOCIATES 0.09% of their portfolio | 4.2m $109.6m | Added +82.2k |
| ING GROEP NV 0.82% of their portfolio | 4.1m $108.6m | Added +1.5m |
| BERKLEY W R CORP 6.48% of their portfolio | 4.1m $107.8m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.20% of their portfolio | 3.9m $102.8m | Added +716.6k |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 3.9m $102.1m | Added +107.0k |
| Paralel Advisors LLC 5.13% of their portfolio | 3.6m $96.2m | Unchanged |
| Epoch Investment Partners, Inc. 0.53% of their portfolio | 3.5m $91.5m | Reduced -172.4k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 3.3m $87.5m | Added +16.9k |
| HighTower Advisors, LLC 0.16% of their portfolio | 3.1m $80.4m | Added +80.0k |
| MILLER HOWARD INVESTMENTS INC /NY 2.79% of their portfolio | 3.0m $78.5m | Added +658.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.9m $75.3m | Reduced -108.5k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 16.90% of their portfolio | 2.8m $73.6m | Unchanged |
| BECK MACK & OLIVER LLC 1.86% of their portfolio | 2.7m $71.0m | Added +48.3k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.78% of their portfolio | 2.4m $64.2m | Added +83.0k |
| Fractal Investments LLC 14.12% of their portfolio | 2.4m $63.4m | Added +483.0k |
| BEACH INVESTMENT COUNSEL INC/PA 7.39% of their portfolio | 2.4m $62.1m | Reduced -17.3k |
| RR Advisors, LLC 11.26% of their portfolio | 2.3m $61.6m | Reduced -197.0k |
| Raymond James Financial Services Advisors, Inc. 0.11% of their portfolio | 2.3m $59.5m | Reduced -418.6k |
| First Eagle Investment Management, LLC 0.15% of their portfolio | 2.2m $57.6m | Reduced -220 |
| SailingStone Capital Partners LLC 15.45% of their portfolio | 2.1m $55.4m | Added +729.5k |
| LPL Financial LLC 0.04% of their portfolio | 2.1m $54.2m | Added +124.4k |
| TRUIST FINANCIAL CORP 0.09% of their portfolio | 2.1m $54.0m | Reduced -30.1k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 1.9m $51.3m | Added +203.8k |
| Progeny 3, Inc. 7.62% of their portfolio | 1.9m $50.3m | Added +39.6k |
| EAGLE GLOBAL ADVISORS LLC 3.19% of their portfolio | 1.8m $48.4m | Added +15.1k |
| NICHOLAS COMPANY, INC. 0.92% of their portfolio | 1.8m $48.1m | Unchanged |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 7.07% of their portfolio | 1.8m $48.1m | Added +204.7k |
| Williams Jones Wealth Management, LLC. 0.71% of their portfolio | 1.8m $47.7m | Added +2.2k |
| Texas Yale Capital Corp. 2.02% of their portfolio | 1.6m $42.9m | Added +17.3k |
| Chicago Partners Investment Group LLC 2.16% of their portfolio | 1.6m $41.6m | Reduced -48.8k |
| U.S. Capital Wealth Advisors, LLC 1.93% of their portfolio | 1.5m $40.6m | Added +20.7k |
| Maryland State Retirement & Pension System 0.86% of their portfolio | 1.5m $40.5m | Added +45.6k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3.75% of their portfolio | 1.5m $38.8m | Reduced -253.3k |
| Bollard Group LLC 1.29% of their portfolio | 1.4m $38.0m | Added +24.0k |
| Rockefeller Capital Management L.P. 0.14% of their portfolio | 1.4m $37.4m | First filing |
| Corient Private Wealth LP 0.09% of their portfolio | 1.4m $37.4m | Added +208.4k |
| Americana Partners, LLC 4.80% of their portfolio | 1.4m $37.3m | Reduced -26.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 1.4m $37.1m | Reduced -204.9k |
| Oxbow Advisors, LLC 5.78% of their portfolio | 1.4m $36.8m | Added +30.9k |
| PNC Financial Services Group, Inc. 0.03% of their portfolio | 1.3m $35.2m | Reduced -33.9k |
| PENN DAVIS MCFARLAND INC 5.73% of their portfolio | 1.2m $32.2m | Added +5.7k |
| OSAIC HOLDINGS, INC. 0.05% of their portfolio | 1.1m $30.3m | Added +25.4k |
| Mariner, LLC 0.08% of their portfolio | 1.1m $29.2m | Added +7.9k |
| TETRAD CORP 6.96% of their portfolio | 1.1m $29.0m | Unchanged |
| EVERGREEN CAPITAL MANAGEMENT LLC 1.18% of their portfolio | 1.1m $28.3m | Added +5.5k |
| Petrus Trust Company, LTA 3.13% of their portfolio | 1.1m $27.8m | Unchanged |
| Recurrent Investment Advisors LLC 4.56% of their portfolio | 1.0m $26.9m | Added +30.1k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 1.0m $26.9m | Added +848 |
| Auto-Owners Insurance Co 0.86% of their portfolio | 1.0m $26.4m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio | 914.4k $24.1m | Added +12.0k |
| BARCLAYS PLC 0.02% of their portfolio | 909.8k $24.0m | Reduced -2.5m |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 870.9k $22.9m | Added +19.2k |
| CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio | 858.3k $22.6m | Added +154.3k |
| CNA FINANCIAL CORP 13.46% of their portfolio | 850.0k $22.4m | Unchanged |
| B. Riley Wealth Advisors, Inc. 0.49% of their portfolio | 832.4k $21.9m | Added +13.0k |
| COOPERMAN LEON G 1.16% of their portfolio | 815.0k $21.5m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 808.3k $21.3m | Reduced -66.9k |
| Kamunting Street Capital Management, L.P. 20.86% of their portfolio | 799.3k $21.1m | Reduced -167.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 774.0k $19.4m | Reduced -15.7k |
| PAYDEN & RYGEL 1.40% of their portfolio | 751.3k $19.8m | Reduced -29.1k |
| COHEN & STEERS, INC. 0.04% of their portfolio | 747.6k $19.7m | Added +102.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.48% of their portfolio | 745.8k $19.7m | Added +745.6k |
| Tortoise Index Solutions, LLC 4.01% of their portfolio | 745.5k $19.6m | Reduced -65.1k |
| BOWEN HANES & CO INC 0.62% of their portfolio | 731.7k $19.3m | Added +2.0k |
| J.P. Morgan Private Wealth Advisors LLC 0.10% of their portfolio | 725.0k $19.1m | Reduced -52.2k |
| US BANCORP \DE\ 0.03% of their portfolio | 699.9k $18.4m | Reduced -18.9k |
| Creative Planning 0.02% of their portfolio | 699.8k $18.4m | Reduced -55.8k |
| GLENMEDE TRUST CO NA 0.10% of their portfolio | 688.9k $17.8m | Unchanged |
| Janney Montgomery Scott LLC 0.06% of their portfolio | 688.8k $18.2m | Added +29.0k |
| Capital Investment Advisors, LLC 0.54% of their portfolio | 676.8k $17.8m | Added +854 |
| MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio | 676.6k $17.8m | Reduced -28.0k |