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 ($87.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.83. Options: 17 managers hold calls ($529.4m notional), 17 hold puts ($106.8m).
Trends to Q2 2026
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 |
| Q3 2023 | 1,219 |
| Q4 2023 | 1,285 |
| Q1 2024 | 1,322 |
| Q2 2024 | 1,326 |
| Q3 2024 | 1,360 |
| Q4 2024 | 1,447 |
| Q1 2025 | 1,481 |
| Q2 2025 | 1,443 |
| Q3 2025 | 1,430 |
| Q4 2025 | 1,490 |
| Q1 2026 | 1,617 |
| Q2 2026 | 1,590 |
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 2024 | 617 | 421 |
| Q4 2024 | 614 | 434 |
| Q1 2025 | 659 | 469 |
| Q2 2025 | 645 | 504 |
| Q3 2025 | 617 | 456 |
| Q4 2025 | 590 | 480 |
| Q1 2026 | 710 | 543 |
| Q2 2026 | 642 | 541 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $307.7m | $139.8m | 0.45 |
| Q4 2025 | $424.2m | $146.2m | 0.34 |
| Q1 2026 | $626.6m | $127.0m | 0.20 |
| Q2 2026 | $529.4m | $106.8m | 0.20 |
Biggest buyers
| TORTOISE CAPITAL ADVISORS, L.L.C. | Added | +3.8m |
| Blackstone Inc. | Added | +2.7m |
| Arax Advisory Partners | Added | +2.6m |
| ING GROEP NV | Added | +2.2m |
| First Eagle Investment Management, LLC | Added | +2.0m |
| Thrivent Financial for Lutherans | Added | +1.5m |
| JPMORGAN CHASE & CO | Added | +1.1m |
| MORGAN STANLEY | Added | +829.7k |
| Cambridge Investment Research Advisors, Inc. | Added | +777.0k |
| CITADEL ADVISORS LLC | Added | +759.0k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -2.6m |
| FMR LLC | Reduced | -1.6m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -1.1m |
| SANDERS MORRIS HARRIS LLC | Sold out | -802.2k |
| UBS Group AG | Reduced | -791.8k |
| CITIGROUP INC | Reduced | -476.3k |
| BANK OF AMERICA CORP /DE/ | Reduced | -446.9k |
| DIAMANT ASSET MANAGEMENT, INC. | Reduced | -439.5k |
| BARCLAYS PLC | Reduced | -415.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -337.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $158.5m4.3m shares |
| CITADEL ADVISORS LLC | Reduced | $87.4m2.4m shares |
| JANE STREET GROUP, LLC | Reduced | $76.7m2.1m shares |
| GROUP ONE TRADING LLC | Reduced | $55.9m1.5m shares |
| IMC-Chicago, LLC | Added | $43.0m1.2m shares |
| HRT FINANCIAL LP | Added | $23.0m625.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $21.7m589.5k shares |
| Caption Management, LLC | Added | $21.3m580.0k shares |
| PEAK6 LLC | Reduced | $12.8m347.1k shares |
| BANK OF MONTREAL /CAN/ | New | $8.2m221.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $46.1m1.3m shares |
| IMC-Chicago, LLC | Added | $16.3m443.4k shares |
| CITADEL ADVISORS LLC | Reduced | $7.0m190.5k shares |
| JANE STREET GROUP, LLC | Reduced | $6.4m173.0k shares |
| JPMORGAN CHASE & CO | Unchanged | $5.5m150.0k shares |
| UBS Group AG | Reduced | $5.4m146.9k shares |
| GROUP ONE TRADING LLC | Reduced | $5.0m136.3k shares |
| HRT FINANCIAL LP | Added | $4.4m120.7k shares |
| NOMURA HOLDINGS INC | Unchanged | $3.3m90.0k shares |
| Squarepoint Ops LLC | Reduced | $2.9m78.1k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 2 | $975.0k | 0 | — | — |
| Q4 2025 | 1 | $481.4k | 0 | — | — |
| Q1 2026 | 1 | $100.1k | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 7.52% of their portfolio | 43.7m $1.6bn | Added +134.0k |
| Invesco Ltd. 0.08% of their portfolio | 26.6m $978.4m | Reduced -29.4k |
| Blackstone Inc. 2.85% of their portfolio | 23.8m $873.4m | Added +2.7m |
| MORGAN STANLEY 0.04% of their portfolio | 22.2m $817.9m | Added +829.7k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 6.96% of their portfolio | 18.6m $685.1m | Added +3.8m |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 17.5m $643.9m | Reduced -2.6m |
| Fayez Sarofim & Co 1.38% of their portfolio | 16.0m $588.1m | Reduced -200.2k |
| Energy Income Partners, LLC 8.00% of their portfolio | 13.8m $508.5m | Added +100.6k |
| NEUBERGER BERMAN GROUP LLC 0.33% of their portfolio | 13.6m $498.5m | Reduced -80.3k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 9.28% of their portfolio | 12.9m $473.1m | Reduced -162.2k |
| AMERICAN CENTURY COMPANIES INC 0.19% of their portfolio | 11.8m $435.0m | Added +448.7k |
| UBS Group AG 0.07% of their portfolio | 11.8m $434.3m | Reduced -791.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.52% of their portfolio | 11.8m $433.0m | Reduced -337.8k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 11.3m $416.6m | Reduced -446.9k |
| CIBC Bancorp USA Inc. 0.39% of their portfolio | 8.5m $311.3m | Reduced -212.3k |
| Ensign Peak Advisors, Inc 0.50% of their portfolio | 8.2m $301.1m | Reduced -112.4k |
| BlackRock, Inc. 0.00% of their portfolio | 6.9m $255.3m | Reduced -82.5k |
| BERKLEY W R CORP 12.31% of their portfolio | 6.8m $250.9m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio | 6.7m $245.0m | Added +18.5k |
| Thrivent Financial for Lutherans 0.37% of their portfolio | 6.1m $222.8m | Added +1.5m |
| WESTWOOD HOLDINGS GROUP INC 1.64% of their portfolio | 5.9m $217.6m | Added +422.6k |
| FMR LLC 0.01% of their portfolio | 5.8m $212.7m | Reduced -1.6m |
| Clearbridge Investments, LLC 0.17% of their portfolio | 5.5m $202.5m | Reduced -305.6k |
| FAIRHOLME CAPITAL MANAGEMENT LLC 13.46% of their portfolio | 5.5m $200.6m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 4.9m $181.5m | Added +18.6k |
| Hamlin Capital Management, LLC 3.96% of their portfolio | 4.8m $176.2m | Reduced -70.9k |
| CHICKASAW CAPITAL MANAGEMENT LLC 6.25% of their portfolio | 4.7m $173.8m | Reduced -70.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.4m $162.7m | Added +1.1m |
| LPL Financial LLC 0.04% of their portfolio | 4.3m $156.7m | Added +96.1k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 4.0m $148.4m | Reduced -29.4k |
| First Eagle Investment Management, LLC 0.12% of their portfolio | 3.9m $144.0m | Added +2.0m |
| HighTower Advisors, LLC 0.13% of their portfolio | 3.8m $140.5m | Reduced -44.2k |
| Paralel Advisors LLC 5.18% of their portfolio | 3.6m $134.2m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 3.5m $129.6m | Reduced -84.4k |
| REAVES W H & CO INC 1.95% of their portfolio | 3.5m $128.4m | Unchanged |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 3.3m $121.1m | Added +64.5k |
| EAGLE GLOBAL ADVISORS LLC 4.00% of their portfolio | 3.3m $120.8m | Reduced -40.2k |
| MILLER HOWARD INVESTMENTS INC /NY 3.13% of their portfolio | 3.2m $118.1m | Added +51.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 3.1m $114.8m | Reduced -1.1m |
| Arax Advisory Partners 0.65% of their portfolio | 2.6m $97.3m | Added +2.6m |
| Corient Private Wealth LP 0.13% of their portfolio | 2.6m $97.2m | Reduced -98.1k |
| Americana Partners, LLC 2.01% of their portfolio | 2.4m $89.1m | Added +139.8k |
| Rockefeller Capital Management L.P. 0.13% of their portfolio | 2.4m $87.3m | Added +231.2k |
| ING GROEP NV 0.40% of their portfolio | 2.2m $82.6m | Added +2.2m |
| Chicago Partners Investment Group LLC 1.61% of their portfolio | 2.1m $80.4m | Added +6.3k |
| Recurrent Investment Advisors LLC 4.64% of their portfolio | 2.0m $74.7m | Added +355.9k |
| Brookfield Corp /ON/ 0.09% of their portfolio | 1.9m $71.0m | Reduced -140.7k |
| Texas Yale Capital Corp. 1.53% of their portfolio | 1.9m $70.6m | Added +10.8k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.8m $67.9m | Added +16.1k |
| Fractal Investments LLC 7.79% of their portfolio | 1.8m $67.5m | Unchanged |
| BARCLAYS PLC 0.02% of their portfolio | 1.7m $63.7m | Reduced -415.9k |
| Bollard Group LLC 1.90% of their portfolio | 1.7m $62.3m | Added +73.9k |
| Progeny 3, Inc. 3.20% of their portfolio | 1.7m $62.0m | Added +2.5k |
| OSAIC HOLDINGS, INC. 0.07% of their portfolio | 1.7m $60.8m | Added +138.8k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 2.58% of their portfolio | 1.6m $57.5m | Reduced -180.0k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.54% of their portfolio | 1.6m $57.4m | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio | 1.5m $56.6m | Added +777.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.5m $55.2m | Unchanged |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 4.28% of their portfolio | 1.5m $54.8m | Reduced -56.4k |
| Williams Jones Wealth Management, LLC. 0.61% of their portfolio | 1.5m $53.9m | Reduced -34.0k |
| BLAIR WILLIAM & CO/IL 0.14% of their portfolio | 1.5m $53.5m | Added +132 |
| Saudi Central Bank 0.72% of their portfolio | 1.4m $54.9m | Unchanged |
| COOPERMAN LEON G 1.42% of their portfolio | 1.4m $50.5m | Unchanged |
| Maryland State Retirement & Pension System 0.87% of their portfolio | 1.4m $50.5m | Added +65.9k |
| Oxbow Advisors, LLC 4.09% of their portfolio | 1.4m $50.3m | Added +3.5k |
| HRT FINANCIAL LP 0.12% of their portfolio | 1.4m $50.1m | Added +15.6k |
| Mariner, LLC 0.05% of their portfolio | 1.3m $46.7m | Reduced -102.4k |
| Epoch Investment Partners, Inc. 0.26% of their portfolio | 1.2m $45.5m | Reduced -15.6k |
| Focus Partners Wealth 0.05% of their portfolio | 1.2m $45.0m | Added +198.2k |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 1.2m $44.3m | Added +5.7k |
| PENN DAVIS MCFARLAND INC 3.85% of their portfolio | 1.2m $43.2m | Reduced -4 |
| Cetera Investment Advisers 0.04% of their portfolio | 1.1m $41.8m | Added +43.3k |
| SailingStone Capital Partners LLC 7.82% of their portfolio | 1.1m $41.8m | Added +6.0k |
| Northside Capital Management, LLC 3.39% of their portfolio | 1.1m $41.4m | Reduced -1.4k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 1.1m $40.6m | Added +102.1k |
| TETRAD CORP 3.87% of their portfolio | 1.1m $40.4m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio | 1.1m $39.9m | Reduced -3.6k |
| Fort Sheridan Advisors LLC 4.24% of their portfolio | 1.1m $39.3m | Added +13.0k |
| Vestmark Advisory Solutions, Inc. 0.36% of their portfolio | 1.1m $38.9m | Added +26.7k |
| Kestra Advisory Services, LLC 0.12% of their portfolio | 1.0m $38.2m | Added +330.2k |
| ELEVATION POINT WEALTH PARTNERS, LLC 0.70% of their portfolio | 1.0m $37.9m | Added +108 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 7.75% of their portfolio | 1.0m $37.9m | Unchanged |
| BOWEN HANES & CO INC 0.94% of their portfolio | 1.0m $38.5m | Unchanged |
| Auto-Owners Insurance Co 0.83% of their portfolio | 1.0m $36.8m | Unchanged |
| Janney Montgomery Scott LLC 0.07% of their portfolio | 996.1k $36.6m | Added +54.5k |
| Prospera Financial Services Inc 0.50% of their portfolio | 935.7k $34.4m | Reduced -5.8k |
| EXCHANGE TRADED CONCEPTS, LLC 0.17% of their portfolio | 909.2k $33.4m | Reduced -51.0k |
| CNA FINANCIAL CORP 13.84% of their portfolio | 900.0k $33.1m | Added +75.0k |
| Creative Planning 0.02% of their portfolio | 887.5k $32.6m | Reduced -74.7k |
| VORPAL, LLC 99.14% of their portfolio | 838.8k $30.8m | Unchanged |
| BECK MACK & OLIVER LLC 0.59% of their portfolio | 824.5k $30.3m | Added +7.4k |
| Beacon Pointe Advisors, LLC 0.14% of their portfolio | 823.6k $30.3m | Added +21.3k |
| NEOS Investment Management LLC 0.11% of their portfolio | 815.0k $30.0m | Added +277.2k |
| Kamunting Street Capital Management, L.P. 16.61% of their portfolio | 807.3k $29.7m | Added +144.3k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.51% of their portfolio | 796.8k $29.3m | Reduced -79.6k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio | 788.9k $29.4m | Reduced -49.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 785.7k $28.9m | Added +759.0k |
| KDK Private Wealth Management, LLC 23.67% of their portfolio | 776.3k $28.5m | Reduced -3.4k |
| NATIXIS 0.13% of their portfolio | 771.5k $28.4m | Added +740.9k |
| COMMERCE BANK 0.12% of their portfolio | 719.0k $26.4m | Reduced -182.6k |