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 ($383.3m this quarter). Holder counts are more reliable. Shares outstanding: 2.2bn as of 2026-07-23, 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 ≈ $31.97. Options: 36 managers hold calls ($516.3m notional), 35 hold puts ($342.6m).
Trends to Q2 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 |
| Q2 2026 | 1,829 |
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 | 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 |
| Q2 2026 | 878 | 782 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $541.9m | $348.7m | 0.64 |
| Q4 2025 | $418.0m | $293.9m | 0.70 |
| Q1 2026 | $585.8m | $344.0m | 0.59 |
| Q2 2026 | $516.3m | $342.6m | 0.66 |
Biggest buyers
| ONTARIO TEACHERS PENSION PLAN BOARD | New | +7.5m |
| Assenagon Asset Management S.A. | Added | +6.6m |
| Qube Research & Technologies Ltd | Added | +5.7m |
| STATE STREET CORP | Added | +5.4m |
| Blackstone Inc. | Added | +5.1m |
| GOLDMAN SACHS GROUP INC | Added | +3.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.3m |
| CITADEL ADVISORS LLC | Added | +2.1m |
| BlackRock, Inc. | Added | +1.9m |
| Janney Montgomery Scott LLC | New | +1.9m |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -5.4m |
| DEUTSCHE BANK AG\ | Reduced | -3.8m |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Reduced | -3.6m |
| Sound Shore Management Inc /CT/ | Sold out | -1.9m |
| D. E. Shaw & Co., Inc. | Reduced | -1.9m |
| Vontobel Holding Ltd. | Reduced | -1.7m |
| KAYNE ANDERSON CAPITAL ADVISORS LP | Reduced | -1.6m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -1.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.6m |
| UBS Group AG | Reduced | -1.5m |
Biggest calls
| JANE STREET GROUP, LLC | Added | $120.9m3.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $101.6m3.2m shares |
| CITADEL ADVISORS LLC | Reduced | $75.5m2.4m shares |
| IMC-Chicago, LLC | Added | $42.1m1.3m shares |
| JPMORGAN CHASE & CO | Unchanged | $19.5m605.7k shares |
| UBS Group AG | Reduced | $18.3m572.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.9m435.5k shares |
| Optiver Holding B.V. | Reduced | $13.2m413.5k shares |
| GROUP ONE TRADING LLC | Reduced | $13.2m411.7k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $11.5m360.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $65.6m2.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $46.6m1.5m shares |
| CSS LLC/IL | New | $21.7m678.9k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $21.6m675.7k shares |
| JANE STREET GROUP, LLC | Reduced | $21.6m674.6k shares |
| IMC-Chicago, LLC | Added | $20.9m653.3k shares |
| UBS Group AG | Reduced | $18.3m573.0k shares |
| Balyasny Asset Management L.P. | Added | $14.8m461.4k shares |
| CITIGROUP INC | Added | $14.4m450.0k shares |
| Walleye Trading LLC | Added | $11.3m353.9k 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 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 | 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 |
| Q2 2026 | 0 | — | 2 | $749.2k | $749.2k |
| Q3 2026 | 0 | — | 2 | $345.4k | $345.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-16 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $47.7k1.6k shares |
| 2026-08-17 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $50.6k1.6k shares |
| 2026-07-16 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $50.4k1.6k shares |
| 2026-07-06 | Schlosser John W V.P. (President, Terminals) | Sold plan | $196.7k6.2k shares |
| 2026-06-16 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $48.7k1.6k shares |
| 2026-06-05 | Schlosser John W V.P. (President, Terminals) | Sold plan | $196.3k6.2k shares |
| 2026-05-18 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $52.2k1.6k shares |
| 2026-05-05 | Schlosser John W V.P. (President, Terminals) | Sold plan | $199.8k6.2k shares |
| 2026-04-16 | Garthwaite Michael P. VP (Pres., Products Pipelines) | Sold plan | $49.2k1.6k shares |
| 2026-04-06 | Schlosser John W V.P. (President, Terminals) | Sold plan | $203.0k6.2k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.08% of their portfolio | 175.8m $5.6bn | Added +1.9m |
| STATE STREET CORP 0.12% of their portfolio | 130.9m $4.2bn | Added +5.4m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 125.6m $4.0bn | Added +636.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.10% of their portfolio | 67.9m $2.2bn | Added +571.5k |
| BANK OF AMERICA CORP /DE/ 0.13% of their portfolio | 61.5m $2.0bn | Reduced -562.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 55.7m $1.8bn | Added +751.4k |
| NORGES BANK 0.12% of their portfolio | 37.6m $1.2bn | Not comparable |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 32.4m $1.0bn | Added +1.4m |
| MORGAN STANLEY 0.05% of their portfolio | 30.5m $974.3m | Added +207.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio | 29.8m $952.0m | Reduced -599.2k |
| Blackstone Inc. 2.72% of their portfolio | 26.1m $833.4m | Added +5.1m |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 25.7m $822.3m | Added +3.2m |
| Invesco Ltd. 0.06% of their portfolio | 22.7m $725.5m | Added +1.1m |
| NORTHERN TRUST CORP 0.07% of their portfolio | 17.7m $566.8m | Reduced -967.4k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 17.5m $560.8m | Added +302.4k |
| FMR LLC 0.02% of their portfolio | 16.6m $530.1m | Reduced -1.3m |
| UBS Group AG 0.08% of their portfolio | 16.3m $522.6m | Reduced -1.5m |
| Amundi 0.11% of their portfolio | 14.7m $471.1m | Reduced -396.3k |
| DEUTSCHE BANK AG\ 0.13% of their portfolio | 13.5m $431.3m | Reduced -3.8m |
| Legal & General Group Plc 0.09% of their portfolio | 12.9m $412.2m | Reduced -1.4m |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 12.6m $401.3m | Added +7.6k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 11.9m $379.4m | Reduced -484.2k |
| Orbis Allan Gray Ltd 1.30% of their portfolio | 11.8m $377.2m | Added +489.5k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 11.6m $371.2m | Added +316.7k |
| VANGUARD FIDUCIARY TRUST CO 0.08% of their portfolio | 10.9m $349.8m | Reduced -26.3k |
| 59 North Capital Management, LP 7.40% of their portfolio | 10.4m $332.5m | Reduced -163.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 9.7m $311.3m | Reduced -1.4m |
| KAYNE ANDERSON CAPITAL ADVISORS LP 5.84% of their portfolio | 9.3m $297.7m | Reduced -1.6m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.34% of their portfolio | 9.0m $287.2m | Added +879.1k |
| Clearbridge Investments, LLC 0.24% of their portfolio | 8.9m $284.3m | Reduced -116.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 8.6m $274.2m | Added +2.3m |
| Assenagon Asset Management S.A. 0.16% of their portfolio | 7.8m $250.4m | Added +6.6m |
| WESTWOOD HOLDINGS GROUP INC 1.85% of their portfolio | 7.7m $246.1m | Reduced -58.3k |
| Energy Income Partners, LLC 3.79% of their portfolio | 7.5m $240.9m | Added +99.1k |
| ONTARIO TEACHERS PENSION PLAN BOARD 1.52% of their portfolio | 7.5m $239.4m | New |
| Nuveen, LLC 0.05% of their portfolio | 6.8m $216.5m | Added +490.8k |
| BESSEMER GROUP INC 0.30% of their portfolio | 6.8m $216.4m | Added +17.9k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 6.6m $210.1m | Added +697.3k |
| Ensign Peak Advisors, Inc 0.33% of their portfolio | 6.4m $203.6m | Reduced -1.0m |
| Qube Research & Technologies Ltd 0.20% of their portfolio | 5.7m $183.5m | Added +5.7m |
| Connor, Clark & Lunn Investment Management Ltd. 0.33% of their portfolio | 5.5m $176.3m | Reduced -212.5k |
| Swiss National Bank 0.09% of their portfolio | 5.3m $170.5m | Reduced -542.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 5.1m $163.8m | Added +38.7k |
| Focus Partners Wealth 0.17% of their portfolio | 5.1m $163.2m | Reduced -65.4k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 4.9m $156.1m | Added +53.9k |
| Pictet Asset Management Holding SA 0.15% of their portfolio | 4.8m $153.7m | Reduced -740.0k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 4.8m $152.8m | Reduced -8.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.28% of their portfolio | 4.7m $151.5m | Reduced -630.6k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 4.7m $151.2m | Added +222.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio | 4.7m $149.4m | Added +214.7k |
| BARCLAYS PLC 0.05% of their portfolio | 4.7m $149.3m | Reduced -138.3k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 4.6m $148.0m | Added +51.1k |
| Zimmer Partners, LP 3.36% of their portfolio | 4.4m $142.1m | Reduced -1.3m |
| Vanguard Global Advisers, LLC 0.06% of their portfolio | 4.3m $138.8m | Added +62.7k |
| LPL Financial LLC 0.03% of their portfolio | 4.3m $137.7m | Added +273.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 4.3m $136.0m | Reduced -209.8k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 1.37% of their portfolio | 4.2m $134.6m | Reduced -3.6m |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 4.2m $132.9m | Added +402.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.09% of their portfolio | 4.1m $132.6m | Added +473.6k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 4.1m $131.8m | Added +16.7k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 4.0m $127.2m | Reduced -1.9m |
| Vontobel Holding Ltd. 0.42% of their portfolio | 4.0m $126.7m | Reduced -1.7m |
| California Public Employees Retirement System 0.07% of their portfolio | 3.8m $122.9m | Reduced -583.2k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 3.7m $118.3m | Reduced -9.7k |
| LORD, ABBETT & CO. LLC 0.33% of their portfolio | 3.6m $114.7m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 3.4m $108.5m | Added +1.1m |
| Mariner, LLC 0.11% of their portfolio | 3.4m $108.0m | Reduced -17.8k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.68% of their portfolio | 3.4m $107.7m | Reduced -120.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.15% of their portfolio | 3.3m $106.1m | Added +322.4k |
| AVIVA PLC 0.15% of their portfolio | 3.3m $104.1m | Added +17.6k |
| Eurizon Capital SGR S.p.A. 0.28% of their portfolio | 3.3m $104.3m | Added +311.9k |
| Life Cycle Investment Partners Ltd 0.47% of their portfolio | 3.1m $100.7m | Added +623.9k |
| Bahl & Gaynor LLC 0.45% of their portfolio | 3.1m $98.1m | Reduced -979.2k |
| Advisors Capital Management, LLC 1.03% of their portfolio | 3.1m $97.7m | Added +34.4k |
| National Pension Service 0.06% of their portfolio | 3.0m $97.4m | Added +61.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio | 3.0m $96.6m | Reduced -175.9k |
| Rockefeller Capital Management L.P. 0.14% of their portfolio | 3.0m $94.4m | Added +73.3k |
| CANADA LIFE ASSURANCE Co 0.15% of their portfolio | 2.9m $94.0m | Added +125.2k |
| ZACKS INVESTMENT MANAGEMENT 0.67% of their portfolio | 2.9m $93.9m | Reduced -9.1k |
| Empower Advisory Group, LLC 0.22% of their portfolio | 2.9m $92.1m | Added +37.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.44% of their portfolio | 2.8m $91.0m | Reduced -202.3k |
| BERKLEY W R CORP 4.45% of their portfolio | 2.8m $90.7m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 2.8m $88.0m | Added +5.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 2.7m $87.5m | Reduced -98.5k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 2.6m $84.3m | Added +2.1m |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.34% of their portfolio | 2.6m $82.5m | Reduced -77.3k |
| Recurrent Investment Advisors LLC 5.12% of their portfolio | 2.6m $82.4m | Added +148.1k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 1.70% of their portfolio | 2.5m $81.4m | Reduced -6.9k |
| Nan Shan Life Insurance Co., Ltd. 2.41% of their portfolio | 2.4m $77.1m | Added +1.8m |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 2.4m $75.9m | Reduced -523.4k |
| CITIGROUP INC 0.03% of their portfolio | 2.3m $74.1m | Added +137.7k |
| Aberdeen Group plc 0.10% of their portfolio | 2.2m $71.0m | Added +62.0k |
| Fayez Sarofim & Co 0.16% of their portfolio | 2.2m $69.3m | Reduced -12.6k |
| CIBC Bancorp USA Inc. 0.08% of their portfolio | 2.1m $68.7m | Added +526.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.33% of their portfolio | 2.1m $66.9m | Added +52.4k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 2.0m $68.7m | Reduced -60.6k |
| Cetera Investment Advisers 0.06% of their portfolio | 2.0m $65.5m | Added +67.8k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 2.92% of their portfolio | 2.0m $65.2m | Reduced -682.9k |
| Quantinno Capital Management LP 0.08% of their portfolio | 2.0m $63.7m | Added +200.9k |
| ALPS ADVISORS INC 0.30% of their portfolio | 2.0m $63.0m | Added +241.6k |