MURPHY USA INC MUSA
COM · Common Stock · CUSIP 626755102 · ISIN US6267551025
American corporation operating a chain of retail gas stations
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersEl Dorado, AR
- Founded1996
- Websitemurphyusa.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 ($24.8m this quarter). Holder counts are more reliable. Shares outstanding: 18.4m as of 2026-06-30, 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 ≈ $538.02. Options: 10 managers hold calls ($75.6m notional), 9 hold puts ($29.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 405 |
| Q4 2022 | 429 |
| Q1 2023 | 382 |
| Q2 2023 | 389 |
| Q3 2023 | 425 |
| Q4 2023 | 438 |
| Q1 2024 | 479 |
| Q2 2024 | 480 |
| Q3 2024 | 506 |
| Q4 2024 | 517 |
| Q1 2025 | 516 |
| Q2 2025 | 500 |
| Q3 2025 | 507 |
| Q4 2025 | 534 |
| Q1 2026 | 543 |
| Q2 2026 | 608 |
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 | 231 | 216 |
| Q4 2024 | 207 | 241 |
| Q1 2025 | 237 | 228 |
| Q2 2025 | 227 | 265 |
| Q3 2025 | 241 | 230 |
| Q4 2025 | 231 | 267 |
| Q1 2026 | 248 | 262 |
| Q2 2026 | 310 | 238 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $47.4m | $21.3m | 0.45 |
| Q4 2025 | $22.4m | $22.9m | 1.02 |
| Q1 2026 | $49.2m | $42.9m | 0.87 |
| Q2 2026 | $75.6m | $29.9m | 0.39 |
Biggest buyers
| JANE STREET GROUP, LLC | Added | +164.9k |
| Squarepoint Ops LLC | Added | +161.7k |
| Qube Research & Technologies Ltd | New | +131.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +111.6k |
| Artisan Partners Limited Partnership | New | +109.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +108.3k |
| ALLIANCEBERNSTEIN L.P. | Added | +107.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +104.8k |
| Engineers Gate Manager LP | Added | +102.6k |
| Invesco Ltd. | Added | +101.1k |
Biggest sellers
| FMR LLC | Reduced | -758.1k |
| River Road Asset Management, LLC | Reduced | -289.3k |
| BARCLAYS PLC | Reduced | -269.5k |
| JPMORGAN CHASE & CO | Reduced | -171.6k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -125.8k |
| ARGENT CAPITAL MANAGEMENT LLC | Reduced | -119.4k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -90.3k |
| Encompass Capital Advisors LLC | Sold out | -90.0k |
| Baird Financial Group, Inc. | Reduced | -78.3k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -78.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $16.8m31.1k shares |
| PEAK6 LLC | Added | $13.5m25.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.4m24.9k shares |
| JANE STREET GROUP, LLC | Added | $10.7m19.9k shares |
| IMC-Chicago, LLC | Reduced | $7.2m13.4k shares |
| Twin Tree Management, LP | New | $4.3m7.9k shares |
| SIMPLEX TRADING, LLC | Added | $4.1m7.7k shares |
| BNP PARIBAS FINANCIAL MARKETS | Unchanged | $4.0m75 shares |
| Squarepoint Ops LLC | Added | $1.5m2.8k shares |
| Walleye Trading LLC | Reduced | $53.9k100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $16.1m29.9k shares |
| CITADEL ADVISORS LLC | Added | $3.7m6.9k shares |
| IMC-Chicago, LLC | Added | $3.1m5.8k shares |
| JANE STREET GROUP, LLC | Reduced | $2.6m4.9k shares |
| Squarepoint Ops LLC | New | $1.9m3.6k shares |
| Walleye Trading LLC | Added | $1.1m2.0k shares |
| SIMPLEX TRADING, LLC | Added | $538.9k1.0k shares |
| Lido Advisors, LLC | New | $538.9k1.0k shares |
| Walleye Capital LLC | Added | $161.7k300 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: FMR LLC (3.8%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27)
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 | — | 3 | $3.1m | — |
| Q1 2025 | 0 | — | 3 | $1.7m | — |
| Q2 2025 | 1 | $435.6k | 0 | — | — |
| Q3 2025 | 1 | $1.8m | 1 | $718.0k | — |
| Q4 2025 | 0 | — | 1 | $15.6m | — |
| Q1 2026 | 0 | — | 7 | $8.3m | $4.1m |
| Q2 2026 | 0 | — | 6 | $28.6m | $555.9k |
| Q3 2026 | 0 | — | 2 | $604.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-03 | Bartko Eric J. SVP & Chief Customer Officer | Sold | $52.4k100 shares |
| 2026-08-20 | Turner Rosemary Director | Sold | $552.4k966 shares |
| 2026-06-05 | Landen Diane N Director | Sold | $1.6m3.0k shares |
| 2026-06-01 | Keyes James W Director | Sold | $1.2m2.3k shares |
| 2026-05-27 | Bacon Renee M SVP, Chief Retail Officer | Sold plan | $555.9k1.1k shares |
| 2026-05-15 | Emery Keith A. SVP, Chief Fuels Officer | Sold | $297.0k517 shares |
| 2026-05-05 | Woodward Scott G. SVP, Chief Merchandising Off. | Sold | $94.9k158 shares |
| 2026-05-04 | MURPHY ROBERT MADISON Director · By Trust | Sold | $24.8m41.5k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 1.7m $915.7m | Added +18.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 776.2k $418.3m | Added +47.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 752.8k $405.7m | Added +2.0k |
| FMR LLC 0.02% of their portfolio | 707.7k $381.3m | Reduced -758.1k |
| Boston Partners 0.27% of their portfolio | 561.2k $303.0m | Added +24.3k |
| STATE STREET CORP 0.01% of their portfolio | 557.9k $300.6m | Added +1.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 480.8k $259.1m | Added +104.8k |
| HUNTINGTON NATIONAL BANK 1.09% of their portfolio | 414.7k $223.5m | Added +1 |
| RENAISSANCE TECHNOLOGIES LLC 0.25% of their portfolio | 340.2k $183.3m | Added +108.3k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 304.1k $161.4m | Reduced -11.9k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 302.9k $163.2m | Added +5.6k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 292.0k $144.3m | Added +107.9k |
| NORGES BANK 0.01% of their portfolio | 275.2k $148.3m | Not comparable |
| Clearbridge Investments, LLC 0.12% of their portfolio | 263.1k $141.8m | Reduced -6.1k |
| BARCLAYS PLC 0.04% of their portfolio | 262.9k $141.7m | Reduced -269.5k |
| MARSHALL WACE, LLP 0.11% of their portfolio | 245.8k $132.5m | Added +41.3k |
| MORGAN STANLEY 0.01% of their portfolio | 228.7k $123.3m | Added +18.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.31% of their portfolio | 212.2k $114.4m | Added +80.6k |
| Squarepoint Ops LLC 0.20% of their portfolio | 187.3k $101.0m | Added +161.7k |
| Invesco Ltd. 0.01% of their portfolio | 170.3k $91.8m | Added +101.1k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 167.7k $90.3m | Added +100.1k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 166.0k $89.4m | Added +164.9k |
| Recurrent Investment Advisors LLC 4.88% of their portfolio | 146.3k $78.6m | Added +144 |
| Bank of New York Mellon Corp 0.01% of their portfolio | 145.4k $78.4m | Reduced -3.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 143.8k $77.5m | Reduced -904 |
| UBS Group AG 0.01% of their portfolio | 143.7k $77.5m | Reduced -9.2k |
| LONDON CO OF VIRGINIA 0.43% of their portfolio | 140.2k $75.6m | Reduced -27.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 138.9k $74.8m | Added +1.3k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 134.3k $72.4m | Reduced -26.1k |
| Qube Research & Technologies Ltd 0.08% of their portfolio | 131.3k $70.8m | New |
| HighTower Advisors, LLC 0.07% of their portfolio | 129.0k $69.5m | Reduced -20.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 128.3k $69.1m | Added +111.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 125.2k $67.4m | Added +6.8k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 110.4k $59.5m | Reduced -51.5k |
| Thrivent Financial for Lutherans 0.10% of their portfolio | 110.1k $59.3m | Added +19.8k |
| Artisan Partners Limited Partnership 0.10% of their portfolio | 109.1k $58.8m | New |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 108.4k $58.4m | Added +1.1k |
| River Road Asset Management, LLC 0.64% of their portfolio | 106.4k $57.4m | Reduced -289.3k |
| Engineers Gate Manager LP 0.72% of their portfolio | 103.0k $55.5m | Added +102.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 101.0k $54.4m | Added +29.3k |
| Man Group plc 0.09% of their portfolio | 91.5k $49.3m | Added +51.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 88.9k $47.9m | Added +5.2k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 86.1k $46.4m | Added +10.0k |
| BROWN ADVISORY INC 0.07% of their portfolio | 85.9k $46.3m | Reduced -27.9k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 5.80% of their portfolio | 80.0k $43.1m | Reduced -4.8k |
| Fiera Capital Corp 0.16% of their portfolio | 79.6k $42.9m | Reduced -59.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.28% of their portfolio | 79.3k $42.7m | Reduced -2.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 76.2k $41.1m | Reduced -26.0k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.60% of their portfolio | 67.2k $36.2m | New |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 66.6k $35.9m | Reduced -90.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 66.5k $35.9m | Added +33.2k |
| FIL Ltd 0.02% of their portfolio | 64.0k $34.5m | Reduced -22.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 59.3k $32.0m | Added +41.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 58.5k $31.5m | Added +58.4k |
| BESSEMER GROUP INC 0.04% of their portfolio | 57.7k $31.1m | Reduced -28.8k |
| Nuveen, LLC 0.01% of their portfolio | 56.1k $30.2m | Added +10.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 55.5k $29.9m | Reduced -30.8k |
| Security National Bank 3.56% of their portfolio | 55.3k $29.8m | Added +2.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 52.2k $28.1m | Reduced -78.1k |
| Gotham Asset Management, LLC 0.06% of their portfolio | 51.4k $27.7m | Added +8.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.19% of their portfolio | 50.2k $27.0m | New |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 48.9k $26.3m | Reduced -1.5k |
| EULAV Asset Management 0.83% of their portfolio | 48.4k $26.1m | New |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 46.8k $25.2m | Added +37.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 43.5k $23.4m | Reduced -132 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 43.1k $23.5m | Reduced -171.6k |
| RIHO Partners, LLC 12.24% of their portfolio | 40.4k $21.8m | Reduced -14.4k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.08% of their portfolio | 40.4k $21.7m | Reduced -184 |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 38.0k $20.5m | Reduced -35 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 37.2k $20.1m | Reduced -1.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 35.2k $18.9m | Reduced -6.2k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 33.5k $18.1m | Reduced -1.7k |
| Swiss National Bank 0.01% of their portfolio | 33.4k $18.0m | Reduced -1.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 31.3k $16.9m | Added +8.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 30.5k $16.4m | Added +29.5k |
| Treasurer of the State of North Carolina 0.04% of their portfolio | 30.0k $16.1m | Added +22.7k |
| PEAK6 LLC 0.38% of their portfolio | 29.4k $15.8m | Added +115 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 28.6k $15.4m | Added +15.8k |
| HRT FINANCIAL LP 0.04% of their portfolio | 28.2k $15.2m | Added +605 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 27.8k $15.0m | Reduced -7.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 27.1k $14.6m | Reduced -14.3k |
| Baird Financial Group, Inc. 0.02% of their portfolio | 26.7k $14.4m | Reduced -78.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.33% of their portfolio | 26.0k $14.0m | Reduced -2.9k |
| Legal & General Group Plc 0.00% of their portfolio | 25.5k $13.8m | Reduced -760 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 24.8k $13.4m | Reduced -1.6k |
| Bridgewater Associates, LP 0.05% of their portfolio | 24.6k $13.3m | Added +19.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.12% of their portfolio | 23.5k $12.7m | Reduced -19.0k |
| IPG Investment Advisors LLC 1.74% of their portfolio | 22.4k $12.1m | Reduced -10.6k |
| Leeward Investments, LLC - MA 0.50% of their portfolio | 20.5k $11.0m | Reduced -19.3k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 20.4k $11.0m | New |
| Horrell Capital Management, Inc. 4.96% of their portfolio | 20.2k $10.9m | Reduced -2.2k |
| Aristotle Atlantic Partners, LLC 0.45% of their portfolio | 20.0k $10.8m | Reduced -2.2k |
| Quantinno Capital Management LP 0.01% of their portfolio | 19.6k $10.5m | Added +6.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 19.3k $10.4m | Reduced -1.5k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 19.1k $10.3m | Reduced -815 |
| Susquehanna Portfolio Strategies, LLC 0.16% of their portfolio | 18.0k $9.7m | Added +7.8k |
| HEARTLAND ADVISORS INC 0.43% of their portfolio | 17.7k $9.6m | Reduced -6.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 17.6k $9.5m | Reduced -274 |
| Retirement Systems of Alabama 0.03% of their portfolio | 17.4k $9.4m | Reduced -3.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 15.9k $8.6m | Added +321 |