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 ($330.7m this quarter). Holder counts are more reliable. Shares outstanding: 2.2bn as of 2026-04-23, 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 ≈ $33.51. Options: 36 managers hold calls ($585.8m notional), 37 hold puts ($344.0m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,297 |
| Q4 2022 | 1,329 |
| Q1 2023 | 1,305 |
| Q2 2023 | 1,310 |
| Q3 2023 | 1,342 |
| Q4 2023 | 1,388 |
| Q1 2024 | 1,370 |
| Q2 2024 | 1,394 |
| Q3 2024 | 1,420 |
| Q4 2024 | 1,602 |
| Q1 2025 | 1,646 |
| Q2 2025 | 1,670 |
| Q3 2025 | 1,680 |
| Q4 2025 | 1,736 |
| Q1 2026 | 1,841 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 668 | 611 |
| Q3 2024 | 691 | 613 |
| Q4 2024 | 723 | 645 |
| Q1 2025 | 777 | 731 |
| Q2 2025 | 802 | 702 |
| Q3 2025 | 806 | 720 |
| Q4 2025 | 760 | 745 |
| Q1 2026 | 908 | 764 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $562.1m | $390.4m | 0.69 |
| Q3 2025 | $541.9m | $348.7m | 0.64 |
| Q4 2025 | $418.0m | $293.9m | 0.70 |
| Q1 2026 | $585.8m | $344.0m | 0.59 |
Biggest buyers
| STATE STREET CORP | Added | +8.6m |
| GOLDMAN SACHS GROUP INC | Added | +7.2m |
| Vontobel Holding Ltd. | Added | +5.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +4.6m |
| JPMORGAN CHASE & CO | Added | +2.7m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.7m |
| DEUTSCHE BANK AG\ | Added | +2.5m |
| Tredje AP-fonden | New | +2.4m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +2.1m |
| D. E. Shaw & Co., Inc. | Added | +2.1m |
Biggest sellers
| HSBC HOLDINGS PLC | Reduced | -6.4m |
| First Pacific Advisors, LP | Reduced | -2.7m |
| Squarepoint Ops LLC | Reduced | -2.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.5m |
| Freestone Grove Partners LP | Sold out | -2.0m |
| Assenagon Asset Management S.A. | Reduced | -2.0m |
| Nuveen, LLC | Reduced | -1.9m |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | -1.8m |
| TUDOR INVESTMENT CORP ET AL | Reduced | -1.8m |
| KAYNE ANDERSON CAPITAL ADVISORS LP | Reduced | -1.7m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $132.5m4.0m shares |
| CITADEL ADVISORS LLC | Added | $86.4m2.6m shares |
| JANE STREET GROUP, LLC | Added | $85.4m2.5m shares |
| UBS Group AG | Added | $37.9m1.1m shares |
| IMC-Chicago, LLC | Added | $34.7m1.0m shares |
| SIMPLEX TRADING, LLC | Added | $24.1m719.5k shares |
| PEAK6 LLC | Added | $24.0m715.8k shares |
| Optiver Holding B.V. | Added | $20.7m618.5k shares |
| JPMORGAN CHASE & CO | Added | $20.4m605.7k shares |
| Walleye Trading LLC | Added | $15.4m459.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $59.9m1.8m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $30.0m895.7k shares |
| JANE STREET GROUP, LLC | Added | $29.8m889.6k shares |
| CITADEL ADVISORS LLC | Reduced | $26.0m776.8k shares |
| UBS Group AG | Reduced | $22.6m675.4k shares |
| PEAK6 LLC | Reduced | $20.1m600.4k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $14.6m461.2k shares |
| IMC-Chicago, LLC | Reduced | $13.2m393.3k shares |
| Balyasny Asset Management L.P. | New | $13.0m387.1k shares |
| Walleye Trading LLC | Added | $11.8m352.7k 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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 2 | $5.3m | — |
| Q3 2024 | 1 | $201.0k | 3 | $4.2m | — |
| Q4 2024 | 1 | $55.8k | 2 | $23.3m | $994.6k |
| Q1 2025 | 0 | — | 3 | $7.8m | $1.5m |
| Q2 2025 | 0 | — | 1 | $1.5m | $1.5m |
| Q3 2025 | 1 | $75.1k | 5 | $4.2m | $2.7m |
| Q4 2025 | 2 | $26.1m | 1 | $511.7k | $511.7k |
| Q1 2026 | 1 | $89.2k | 4 | $1.5m | $1.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-16 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $51.6k1.6k shares |
| 2026-03-05 | Schlosser John W V.P. (President, Terminals) | Sold plan | $207.7k6.2k shares |
| 2026-02-17 | ASHLEY ANTHONY B VP (President, CO2 and ETV) | Sold | $255.6k8.0k shares |
| 2026-02-05 | Schlosser John W V.P. (President, Terminals) | Sold plan | $185.5k6.2k shares |
| 2026-02-02 | SMITH WILLIAM A Director | Bought | $89.2k3.0k shares |
| 2026-01-22 | Michels David Patrick VP and Chief Financial Officer | Sold plan | $600.0k20.0k shares |
| 2026-01-05 | Schlosser John W V.P. (President, Terminals) | Sold plan | $169.5k6.2k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.10% of their portfolio | 174.0m $5.8bn | Added +1.2m |
| STATE STREET CORP 0.15% of their portfolio | 125.5m $4.2bn | Added +8.6m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 125.0m $4.2bn | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.12% of their portfolio | 67.3m $2.3bn | First filing |
| BANK OF AMERICA CORP /DE/ 0.15% of their portfolio | 62.0m $2.1bn | Added +836.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 54.9m $1.8bn | Added +1.9m |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 31.0m $1.0bn | Added +2.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.16% of their portfolio | 30.4m $1.0bn | Added +261.2k |
| MORGAN STANLEY 0.06% of their portfolio | 30.3m $1.0bn | Added +875.6k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 22.6m $756.5m | Added +7.2m |
| Invesco Ltd. 0.07% of their portfolio | 21.6m $723.4m | Added +1.0m |
| Blackstone Inc. 2.88% of their portfolio | 21.0m $703.2m | Reduced -402.7k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 18.7m $626.9m | Reduced -334.9k |
| FMR LLC 0.03% of their portfolio | 17.9m $599.7m | Added +1.9m |
| UBS Group AG 0.11% of their portfolio | 17.8m $597.2m | Reduced -352.0k |
| DEUTSCHE BANK AG\ 0.19% of their portfolio | 17.3m $579.3m | Added +2.5m |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 17.2m $578.0m | Added +448.1k |
| Amundi 0.14% of their portfolio | 15.1m $507.3m | Added +831.1k |
| Legal & General Group Plc 0.11% of their portfolio | 14.3m $479.8m | Reduced -1.3m |
| WELLS FARGO & COMPANY/MN 0.08% of their portfolio | 12.5m $420.7m | Reduced -494.6k |
| Bank of New York Mellon Corp 0.08% of their portfolio | 12.4m $414.2m | Added +66.0k |
| Orbis Allan Gray Ltd 1.60% of their portfolio | 11.3m $379.2m | Added +758.1k |
| AQR CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 11.3m $378.7m | Added +2.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 11.2m $374.6m | Added +269.6k |
| VANGUARD FIDUCIARY TRUST CO 0.09% of their portfolio | 11.0m $367.7m | First filing |
| KAYNE ANDERSON CAPITAL ADVISORS LP 7.04% of their portfolio | 11.0m $367.3m | Reduced -1.7m |
| 59 North Capital Management, LP 10.56% of their portfolio | 10.6m $354.2m | Reduced -810.1k |
| Clearbridge Investments, LLC 0.26% of their portfolio | 9.0m $302.1m | Reduced -72.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.37% of their portfolio | 8.1m $271.7m | Added +114.0k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 2.74% of their portfolio | 7.9m $263.3m | Reduced -1.3m |
| WESTWOOD HOLDINGS GROUP INC 1.89% of their portfolio | 7.8m $260.1m | Reduced -594.5k |
| Energy Income Partners, LLC 4.01% of their portfolio | 7.4m $249.3m | Reduced -530.6k |
| Ensign Peak Advisors, Inc 0.46% of their portfolio | 7.4m $248.4m | Reduced -1.1m |
| BESSEMER GROUP INC 0.36% of their portfolio | 6.8m $226.4m | Added +1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 6.3m $211.7m | Added +189.3k |
| Nuveen, LLC 0.06% of their portfolio | 6.3m $210.6m | Reduced -1.9m |
| Swiss National Bank 0.11% of their portfolio | 5.9m $197.0m | Added +396.0k |
| TWO SIGMA INVESTMENTS, LP 0.16% of their portfolio | 5.9m $196.4m | Added +4.6m |
| HSBC HOLDINGS PLC 0.12% of their portfolio | 5.9m $196.1m | Reduced -6.4m |
| D. E. Shaw & Co., Inc. 0.15% of their portfolio | 5.8m $196.0m | Added +2.1m |
| Zimmer Partners, LP 4.72% of their portfolio | 5.7m $192.3m | Added +1.7m |
| Connor, Clark & Lunn Investment Management Ltd. 0.44% of their portfolio | 5.7m $192.0m | Added +1.4m |
| Vontobel Holding Ltd. 0.65% of their portfolio | 5.7m $189.7m | Added +5.6m |
| Pictet Asset Management Holding SA 0.20% of their portfolio | 5.5m $186.0m | Reduced -232.3k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.38% of their portfolio | 5.4m $180.1m | Reduced -44.8k |
| Focus Partners Wealth 0.19% of their portfolio | 5.2m $173.4m | Added +50.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 5.1m $170.5m | Added +29.8k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 4.8m $161.9m | Reduced -933.5k |
| BARCLAYS PLC 0.06% of their portfolio | 4.8m $161.2m | Added +261.2k |
| FIRST TRUST ADVISORS LP 0.11% of their portfolio | 4.8m $160.6m | Added +349.9k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 4.6m $153.5m | Reduced -272.0k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 4.5m $151.1m | Reduced -465.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 4.5m $149.6m | Reduced -178.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.10% of their portfolio | 4.5m $149.5m | Added +292.2k |
| California Public Employees Retirement System 0.09% of their portfolio | 4.4m $148.4m | Reduced -372.4k |
| Vanguard Global Advisers, LLC 0.08% of their portfolio | 4.3m $143.5m | First filing |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 4.1m $137.9m | Added +518.5k |
| Bahl & Gaynor LLC 0.68% of their portfolio | 4.0m $135.7m | Reduced -410.6k |
| LPL Financial LLC 0.04% of their portfolio | 4.0m $135.2m | Reduced -149.2k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 3.8m $125.9m | Added +1.9m |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 3.7m $124.4m | Reduced -89.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.11% of their portfolio | 3.7m $123.1m | First filing |
| LORD, ABBETT & CO. LLC 0.39% of their portfolio | 3.6m $120.3m | Added +360.7k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.82% of their portfolio | 3.5m $117.0m | Reduced -148.0k |
| Mariner, LLC 0.13% of their portfolio | 3.4m $113.8m | Added +337.2k |
| AVIVA PLC 0.18% of their portfolio | 3.2m $108.5m | Added +83.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.09% of their portfolio | 3.2m $107.2m | Reduced -120.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.52% of their portfolio | 3.1m $102.3m | Reduced -222.3k |
| Advisors Capital Management, LLC 1.18% of their portfolio | 3.0m $101.3m | Added +64.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.17% of their portfolio | 3.0m $100.4m | Added +2.1m |
| National Pension Service 0.08% of their portfolio | 3.0m $100.1m | Added +59.7k |
| ZACKS INVESTMENT MANAGEMENT 0.79% of their portfolio | 2.9m $98.8m | Added +423 |
| Eurizon Capital SGR S.p.A. 0.31% of their portfolio | 2.9m $98.8m | Reduced -162.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 2.9m $97.1m | Reduced -475.1k |
| Rockefeller Capital Management L.P. 0.17% of their portfolio | 2.9m $96.6m | Added +40.1k |
| Brookfield Corp /ON/ 0.13% of their portfolio | 2.9m $96.0m | Added +626.6k |
| Empower Advisory Group, LLC 0.25% of their portfolio | 2.8m $95.3m | Added +118.3k |
| BERKLEY W R CORP 5.11% of their portfolio | 2.8m $95.1m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.17% of their portfolio | 2.8m $94.9m | Reduced -42.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.09% of their portfolio | 2.8m $94.5m | Reduced -47.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 2.7m $92.1m | Reduced -426.9k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 4.54% of their portfolio | 2.7m $91.3m | Reduced -142.7k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.39% of their portfolio | 2.7m $89.2m | Reduced -21.1k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 1.84% of their portfolio | 2.6m $85.6m | Reduced -25.9k |
| Life Cycle Investment Partners Ltd 0.54% of their portfolio | 2.5m $84.7m | Added +798.8k |
| SG Americas Securities, LLC 0.09% of their portfolio | 2.4m $82.0m | Added +332.3k |
| Recurrent Investment Advisors LLC 4.91% of their portfolio | 2.4m $81.5m | Added +945.0k |
| Tredje AP-fonden 0.44% of their portfolio | 2.4m $80.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 2.3m $77.6m | Reduced -78.7k |
| CITIGROUP INC 0.05% of their portfolio | 2.2m $73.1m | Added +30.7k |
| Fayez Sarofim & Co 0.19% of their portfolio | 2.2m $73.1m | Added +355 |
| Aberdeen Group plc 0.12% of their portfolio | 2.2m $72.4m | Reduced -74.1k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 2.1m $58.0m | Reduced -308.5k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.12% of their portfolio | 2.0m $68.7m | Reduced -1.8m |
| EXCHANGE TRADED CONCEPTS, LLC 0.53% of their portfolio | 2.0m $68.4m | Added +19.7k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.38% of their portfolio | 2.0m $68.0m | Added +95.4k |
| Squarepoint Ops LLC 0.14% of their portfolio | 2.0m $67.2m | Reduced -2.5m |
| Cetera Investment Advisers 0.07% of their portfolio | 2.0m $66.4m | Added +33.6k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 2.0m $65.7m | Added +54.1k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 1.9m $65.2m | Added +1.9m |