KINDER MORGAN INC DEL KMI
COM · Common Stock · CUSIP 49456B101 · ISIN US49456B1017
- SectorUtilities
- IndustryNatural Gas Transmission
- HeadquartersHouston, TX
- Founded1997
- Websitekindermorgan.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 ($184.1m this quarter). Holder counts are more reliable. Shares outstanding: 2.2bn as of 2023-02-07, 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 ≈ $18.01. Options: 38 managers hold calls ($421.9m notional), 36 hold puts ($215.0m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,297 |
| Q4 2022 | 1,329 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $317.4m | $175.2m | 0.55 |
| Q4 2022 | $421.9m | $215.0m | 0.51 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +34.3m |
| BANK OF AMERICA CORP /DE/ | Added | +5.6m |
| WESTWOOD HOLDINGS GROUP INC | New | +4.6m |
| CITADEL ADVISORS LLC | Added | +3.2m |
| MACQUARIE GROUP LTD | Added | +2.7m |
| VANGUARD GROUP INC | Added | +2.0m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +1.9m |
| FIRST TRUST ADVISORS LP | Added | +1.9m |
| MORGAN STANLEY | Added | +1.8m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.7m |
Biggest sellers
| BlackRock Inc. | Reduced | -13.0m |
| Salient Capital Advisors, LLC | Sold out | -6.9m |
| GOLDMAN SACHS GROUP INC | Reduced | -4.6m |
| ABRAMS CAPITAL MANAGEMENT, L.P. | Sold out | -3.4m |
| Amundi | Reduced | -3.2m |
| Vident Investment Advisory, LLC | Reduced | -2.2m |
| Bank of New York Mellon Corp | Reduced | -1.9m |
| MARSHALL WACE, LLP | Reduced | -1.9m |
| Nuveen Asset Management, LLC | Reduced | -1.7m |
| DEUTSCHE BANK AG\ | Reduced | -1.7m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $93.8m5.2m shares |
| CITADEL ADVISORS LLC | Added | $80.8m4.5m shares |
| JANE STREET GROUP, LLC | Added | $54.9m3.0m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $35.7m2.0m shares |
| UBS Group AG | Reduced | $30.4m1.7m shares |
| SIMPLEX TRADING, LLC | Added | $21.1m1.2m shares |
| GROUP ONE TRADING LLC | Added | $15.0m827.1k shares |
| BANK OF AMERICA CORP /DE/ | Added | $13.7m756.5k shares |
| WOLVERINE TRADING, LLC | Added | $11.7m646.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $9.2m5.1k shares |
Biggest puts
| UBS Group AG | Added | $32.9m1.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.5m1.4m shares |
| CITADEL ADVISORS LLC | Added | $22.0m1.2m shares |
| JPMORGAN CHASE & CO | Added | $20.9m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $16.6m920.2k shares |
| Twin Tree Management, LP | Reduced | $13.1m726.5k shares |
| Capula Management Ltd | New | $7.6m420.0k shares |
| Saba Capital Management, L.P. | Unchanged | $7.2m400.0k shares |
| JANE STREET GROUP, LLC | Added | $6.8m374.9k shares |
| SIMPLEX TRADING, LLC | Added | $6.5m360.9k 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 2026-04-30 | 6.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 3 | $471.9k | 1 | $81.0k | — |
| Q1 2022 | 0 | — | 2 | $1.2m | — |
| Q2 2022 | 0 | — | 2 | $1.9m | — |
| Q3 2022 | 0 | — | 1 | $82.8k | — |
| Q4 2022 | 0 | — | 1 | $109.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-27 | Schlosser John W V.P. (President, Terminals) | Sold | $27.3k1.5k shares |
| 2022-11-25 | Schlosser John W V.P. (President, Terminals) | Sold | $28.1k1.5k shares |
| 2022-10-27 | Schlosser John W V.P. (President, Terminals) | Sold | $27.0k1.5k shares |
| 2022-10-19 | Schlosser John W V.P. (President, Terminals) | Sold | $27.0k1.5k 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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 172.4m $3.1bn | Added +2.0m |
| BlackRock Inc. 0.09% of their portfolio | 163.8m $3.0bn | Reduced -13.0m |
| STATE STREET CORP 0.15% of their portfolio | 142.2m $2.6bn | Reduced -810.6k |
| BANK OF AMERICA CORP /DE/ 0.13% of their portfolio | 59.3m $1.1bn | Added +5.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 39.6m $716.2m | Added +750.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 36.8m $665.4m | Added +34.3m |
| JPMORGAN CHASE & CO 0.08% of their portfolio | 29.5m $533.2m | Reduced -1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.17% of their portfolio | 29.3m $514.3m | Added +215.6k |
| Orbis Allan Gray Ltd 3.72% of their portfolio | 25.9m $468.0m | Added +515.8k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 22.8m $412.3m | Added +1.4m |
| MORGAN STANLEY 0.05% of their portfolio | 22.6m $408.1m | Added +1.8m |
| Invesco Ltd. 0.10% of their portfolio | 18.4m $332.7m | Reduced -594.3k |
| Legal & General Group Plc 0.13% of their portfolio | 18.3m $331.7m | Reduced -37.8k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 16.7m $301.9m | Reduced -1.9m |
| TORTOISE CAPITAL ADVISORS, L.L.C. 4.29% of their portfolio | 15.8m $286.5m | Reduced -255.0k |
| NORGES BANK 0.06% of their portfolio | 14.2m $256.6m | Reduced -851.2k |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 13.9m $252.0m | Reduced -1.7m |
| UBS Group AG 0.11% of their portfolio | 13.0m $234.9m | Added +755.8k |
| FPR PARTNERS LLC 11.29% of their portfolio | 13.0m $234.9m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 12.7m $230.3m | Added +566.3k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 12.5m $226.4m | Reduced -4.6m |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 11.8m $212.9m | Reduced -165.6k |
| Amundi 0.12% of their portfolio | 11.4m $214.2m | Reduced -3.2m |
| Ensign Peak Advisors, Inc 0.42% of their portfolio | 10.3m $186.2m | Reduced -133.1k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 9.7m $125.9m | Added +2.7m |
| FIRST TRUST ADVISORS LP 0.21% of their portfolio | 9.6m $173.5m | Added +1.9m |
| Clearbridge Investments, LLC 0.15% of their portfolio | 8.5m $154.0m | Added +272.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 8.5m $153.7m | Reduced -833.7k |
| First Pacific Advisors, LP 2.36% of their portfolio | 8.5m $153.6m | Reduced -91.2k |
| Swiss National Bank 0.11% of their portfolio | 8.3m $149.7m | Reduced -560.8k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 8.0m $145.5m | Reduced -1.7m |
| Energy Income Partners, LLC 3.05% of their portfolio | 7.5m $135.4m | Added +574.7k |
| Blackstone Inc. 0.51% of their portfolio | 7.4m $134.6m | Reduced -612.1k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 7.3m $133.5m | Added +1.1m |
| HSBC HOLDINGS PLC 0.15% of their portfolio | 6.8m $122.1m | Added +1.3m |
| BERKLEY W R CORP 6.47% of their portfolio | 6.6m $119.8m | Unchanged |
| J.P. Morgan Private Wealth Advisors LLC 0.26% of their portfolio | 6.6m $118.4m | Added +98.9k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 6.5m $118.1m | Added +578.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 6.0m $108.0m | Added +11.1k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.49% of their portfolio | 5.5m $100.1m | Added +139.0k |
| Mirae Asset Global Investments Co., Ltd. 0.25% of their portfolio | 5.3m $96.3m | Added +361.0k |
| CANADA LIFE ASSURANCE Co 0.24% of their portfolio | 5.1m $92.5m | Reduced -556.9k |
| RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio | 4.8m $86.2m | Added +44.1k |
| California Public Employees Retirement System 0.07% of their portfolio | 4.6m $83.4m | Added +31.7k |
| WESTWOOD HOLDINGS GROUP INC 0.73% of their portfolio | 4.6m $82.5m | New |
| BARCLAYS PLC 0.07% of their portfolio | 4.2m $76.8m | First filing |
| THOMPSON SIEGEL & WALMSLEY LLC 1.18% of their portfolio | 4.0m $72.8m | Reduced -32.8k |
| Sound Shore Management Inc /CT/ 2.62% of their portfolio | 3.8m $69.6m | Reduced -995.2k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 2.01% of their portfolio | 3.8m $68.3m | Reduced -210.8k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 3.7m $66.2m | Added +104.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 3.5m $64.0m | Added +3.8k |
| PERSONAL CAPITAL ADVISORS CORP 0.30% of their portfolio | 3.4m $61.7m | Added +48.0k |
| Fayez Sarofim & Co 0.23% of their portfolio | 3.4m $61.2m | Reduced -7.4k |
| Russell Investments Group, Ltd. 0.13% of their portfolio | 3.4m $61.1m | Reduced -630.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio | 3.4m $61.0m | Reduced -418.3k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 3.3m $60.6m | Added +1.7m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 3.3m $60.2m | Added +3.2m |
| National Pension Service 0.12% of their portfolio | 3.3m $60.0m | Added +84.4k |
| BANK OF NOVA SCOTIA 0.15% of their portfolio | 3.3m $59.4m | Added +939.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 3.1m $55.3m | Reduced -13.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 3.0m $54.8m | Reduced -706.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 3.0m $53.3m | Added +241.8k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.43% of their portfolio | 2.8m $51.3m | Added +356.8k |
| ZACKS INVESTMENT MANAGEMENT 0.71% of their portfolio | 2.8m $50.8m | Added +117.6k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 2.8m $50.0m | Reduced -151.4k |
| FMR LLC 0.00% of their portfolio | 2.8m $49.8m | Reduced -530.3k |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 2.7m $48.9m | Reduced -38.2k |
| LPL Financial LLC 0.04% of their portfolio | 2.7m $48.3m | Added +270.4k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.95% of their portfolio | 2.6m $46.7m | Added +18.3k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.25% of their portfolio | 2.5m $45.1m | Added +47.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.24% of their portfolio | 2.4m $43.9m | Added +1.9m |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 4.11% of their portfolio | 2.4m $43.2m | Reduced -362.1k |
| Tortoise Index Solutions, LLC 1.98% of their portfolio | 2.4m $10.5m | Added +114.5k |
| Advisors Capital Management, LLC 1.16% of their portfolio | 2.4m $42.6m | Reduced -452.0k |
| Ardevora Asset Management LLP 0.71% of their portfolio | 2.3m $41.9m | Added +398.1k |
| STIFEL FINANCIAL CORP 0.06% of their portfolio | 2.3m $41.4m | Reduced -381.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio | 2.3m $41.2m | Reduced -77.1k |
| ALPS ADVISORS INC 0.36% of their portfolio | 2.2m $40.7m | Added +90.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 2.2m $40.4m | Reduced -64.9k |
| FORT PITT CAPITAL GROUP, LLC 1.60% of their portfolio | 2.2m $39.3m | Added +221.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.1m $38.7m | Reduced -43.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 2.1m $37.8m | Reduced -964 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.19% of their portfolio | 2.0m $36.3m | Added +250.5k |
| HighTower Advisors, LLC 0.08% of their portfolio | 1.9m $35.0m | Added +29.5k |
| Caisse de depot et placement du Quebec 0.10% of their portfolio | 1.9m $33.8m | Reduced -1.5m |
| NICHOLS & PRATT ADVISERS LLP /MA 2.69% of their portfolio | 1.8m $33.4m | Reduced -8.9k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 1.8m $33.4m | Added +34.0k |
| AVIVA PLC 0.16% of their portfolio | 1.8m $33.1m | Added +466.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 1.8m $32.5m | Reduced -264.6k |
| Mariner, LLC 0.10% of their portfolio | 1.8m $32.3m | Added +230.7k |
| TRUIST FINANCIAL CORP 0.06% of their portfolio | 1.7m $31.4m | Added +16.5k |
| Janney Montgomery Scott LLC 0.12% of their portfolio | 1.7m $30.9m | Added +92.2k |
| PENN DAVIS MCFARLAND INC 5.67% of their portfolio | 1.6m $28.9m | Reduced -13.7k |
| CITIGROUP INC 0.04% of their portfolio | 1.6m $28.6m | Added +311.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 1.6m $28.5m | Reduced -536.6k |
| River Road Asset Management, LLC 0.39% of their portfolio | 1.6m $28.5m | Reduced -26.5k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 1.6m $28.5m | Added +73.6k |
| HENNESSY ADVISORS INC 1.86% of their portfolio | 1.6m $28.4m | Reduced -201.5k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.5m $27.5m | Reduced -166.2k |
| GUGGENHEIM CAPITAL LLC 0.24% of their portfolio | 1.5m $27.4m | Added +8.9k |