NGL ENERGY PARTNERS LP NGL
COM UNIT REPST · MLP · CUSIP 62913M107
- SectorUtilities
- IndustryNatural Gas Transmission
- HeadquartersTulsa, OK
- 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. Holder counts are more reliable. Implied quarter-end price ≈ $4.27. Options: 8 managers hold calls ($3.6m notional), 5 hold puts ($822.0k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 69 |
| Q4 2022 | 74 |
| Q1 2023 | 71 |
| Q2 2023 | 77 |
| Q3 2023 | 79 |
| Q4 2023 | 94 |
| Q1 2024 | 88 |
| Q2 2024 | 89 |
| Q3 2024 | 84 |
| Q4 2024 | 86 |
| Q1 2025 | 89 |
| Q2 2025 | 88 |
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 2023 | 28 | 17 |
| Q4 2023 | 39 | 21 |
| Q1 2024 | 31 | 32 |
| Q2 2024 | 31 | 31 |
| Q3 2024 | 26 | 31 |
| Q4 2024 | 22 | 31 |
| Q1 2025 | 29 | 24 |
| Q2 2025 | 27 | 28 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $846.5k | $650.5k | 0.77 |
| Q4 2024 | $2.3m | $1.1m | 0.48 |
| Q1 2025 | $5.7m | $1.9m | 0.34 |
| Q2 2025 | $3.6m | $822.0k | 0.23 |
Biggest buyers
| Prescott Group Capital Management, L.L.C. | Added | +868.8k |
| BANK OF AMERICA CORP /DE/ | Added | +797.9k |
| ANGELO GORDON & CO., L.P. | New | +639.4k |
| ING GROEP NV | Added | +170.0k |
| NOMURA HOLDINGS INC | Added | +168.8k |
| Jump Financial, LLC | Added | +155.3k |
| JANE STREET GROUP, LLC | Added | +94.9k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | Added | +75.0k |
| ELCO Management Co., LLC | Added | +41.0k |
| AlphaCore Capital LLC | Added | +35.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.8m |
| Waverly Advisors, LLC | Sold out | -520.3k |
| NBW CAPITAL LLC | Sold out | -520.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -285.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -211.8k |
| UBS Group AG | Reduced | -200.5k |
| NATIXIS | Reduced | -120.2k |
| MORGAN STANLEY | Reduced | -92.6k |
| CITADEL ADVISORS LLC | Reduced | -88.5k |
| WELLS FARGO & COMPANY/MN | Reduced | -77.6k |
Biggest calls
| Ripple Effect Asset Management LP | Reduced | $1.5m350.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m302.1k shares |
| CITADEL ADVISORS LLC | Added | $341.2k79.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $182.7k42.2k shares |
| GROUP ONE TRADING LLC | Reduced | $150.3k35.2k shares |
| JANE STREET GROUP, LLC | Reduced | $82.0k19.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $48.0k11.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $527.3k123.5k shares |
| GOLDMAN SACHS GROUP INC | New | $196.4k46.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $51.0k12.0k shares |
| WOLVERINE TRADING, LLC | Added | $47.2k10.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BANK OF AMERICA CORP /DE/ 13G · institution -2.5 pts · filed 2026-04-27 | 6.7% |
Insider purchases and sales in Q2 2025
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $581.7k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $462.6k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Invesco Ltd. 0.01% of their portfolio | 19.6m $83.5m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 11.5m $49.1m | Reduced -92.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 9.9m $42.2m | Added +797.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.0m $21.2m | Reduced -285.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.7m $15.9m | Reduced -1.8m |
| CITIGROUP INC 0.01% of their portfolio | 2.6m $10.9m | Reduced -72.1k |
| ING GROEP NV 0.04% of their portfolio | 1.5m $6.4m | Added +170.0k |
| Prescott Group Capital Management, L.L.C. 0.50% of their portfolio | 990.6k $4.2m | Added +868.8k |
| Fractal Investments LLC 0.51% of their portfolio | 832.5k $3.6m | Unchanged |
| ANGELO GORDON & CO., L.P. 0.36% of their portfolio | 639.4k $2.7m | New |
| NATIXIS 0.01% of their portfolio | 610.7k $2.6m | Reduced -120.2k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 455.2k $1.9m | Added +168.8k |
| UBS Group AG 0.00% of their portfolio | 343.3k $1.5m | Reduced -200.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 275.3k $1.2m | Unchanged |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.07% of their portfolio | 275.0k $1.2m | Added +75.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 268.9k $1.1m | Reduced -9.0k |
| BROWN ADVISORY INC 0.00% of their portfolio | 225.0k $960.8k | Unchanged |
| Jump Financial, LLC 0.01% of their portfolio | 224.8k $959.8k | Added +155.3k |
| ELCO Management Co., LLC 0.44% of their portfolio | 197.6k $843.7k | Added +41.0k |
| Mariner, LLC 0.00% of their portfolio | 195.5k $834.8k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 160.3k $684.7k | Reduced -100 |
| AlphaCore Capital LLC 0.03% of their portfolio | 160.0k $683.2k | Added +35.0k |
| STEPHENS INC /AR/ 0.01% of their portfolio | 150.0k $640.5k | Unchanged |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 142.0k $606.2k | Unchanged |
| WHITTIER TRUST CO 0.01% of their portfolio | 123.5k $526.1k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 118.5k $506.0k | Added +94.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 77.9k $332.5k | Reduced -88.5k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.00% of their portfolio | 68.2k $291.4k | Unchanged |
| Carter Financial Group, INC. 0.18% of their portfolio | 64.9k $277.1k | First filing |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 57.8k $247.0k | Unchanged |
| Tidal Investments LLC 0.00% of their portfolio | 52.9k $225.8k | Reduced -4.1k |
| HUB Investment Partners, LLC 0.01% of their portfolio | 50.0k $213.5k | Unchanged |
| KWMG, LLC 0.02% of their portfolio | 49.2k $209.9k | Unchanged |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 32.2k $138.0k | Reduced -1.3k |
| State of Wyoming 0.02% of their portfolio | 32.2k $137.5k | Added +20.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31.8k $135.8k | Reduced -77.6k |
| Jackson Hole Capital Partners, LLC 0.02% of their portfolio | 31.4k $133.9k | Reduced -4.0k |
| LexAurum Advisors, LLC 0.02% of their portfolio | 29.3k $125.3k | Unchanged |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 28.7k $122.7k | Reduced -3.7k |
| Arax Advisory Partners 0.01% of their portfolio | 28.7k $122.4k | Added +1.8k |
| Massar Capital Management, LP 0.09% of their portfolio | 28.1k $120.2k | Added +5.3k |
| BOKF, NA 0.00% of their portfolio | 28.1k $120.1k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 27.3k $117.0k | Unchanged |
| EVERPAR ADVISORS LLC 0.04% of their portfolio | 23.0k $98.2k | Unchanged |
| FLC Capital Advisors 0.02% of their portfolio | 22.8k $97.4k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 22.5k $96.1k | Added +983 |
| Cresset Asset Management, LLC 0.00% of their portfolio | 21.9k $93.5k | Unchanged |
| SECURITY NATIONAL BANK OF SIOUX CITY IOWA /IA/ 0.06% of their portfolio | 21.1k $90.1k | Unchanged |
| Canvas Wealth Advisors, LLC 0.02% of their portfolio | 20.0k $85.0k | Unchanged |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 19.8k $84.6k | New |
| COMMERCE BANK 0.00% of their portfolio | 19.2k $82.1k | Unchanged |
| SITTNER & NELSON, LLC 0.03% of their portfolio | 18.8k $80.1k | Unchanged |
| CreativeOne Wealth, LLC 0.00% of their portfolio | 17.7k $75.6k | Added +2.4k |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 17.4k $74.0k | Added +700 |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 17.0k $72.7k | Reduced -26.8k |
| Quartz Partners, LLC 0.03% of their portfolio | 16.8k $71.7k | Added +3.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 15.7k $66.8k | Reduced -16.2k |
| Trust Co of Kansas 0.03% of their portfolio | 13.0k $56.0k | Unchanged |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 11.6k $49.6k | Added +15 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 11.2k $48.0k | Added +300 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 10.9k $46.5k | Unchanged |
| Pacific Capital Wealth Advisors, Inc. 0.01% of their portfolio | 10.8k $45.6k | Unchanged |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 10.5k $44.6k | New |
| Windsor Advisory Group, LLC 0.06% of their portfolio | 10.0k $42.7k | Unchanged |
| Inscription Capital, LLC 0.01% of their portfolio | 10.0k $42.7k | Reduced -30.0k |
| Corient Private Wealth LP 0.00% of their portfolio | 10.0k $42.7k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 9.5k $40.7k | Added +314 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.5k $36.4k | Added +1.4k |
| Frazier Financial Advisors, LLC 0.02% of their portfolio | 5.0k $21.4k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 2.0k $8.5k | Unchanged |
| Game Plan Financial Advisors, LLC 0.00% of their portfolio | 1.0k $4.3k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 825 $3.5k | New |
| Center for Financial Planning, Inc. 0.00% of their portfolio | 800 $3.4k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 492 $2.1k | First filing |
| BOYD WATTERSON ASSET MANAGEMENT LLC/OH 0.00% of their portfolio | 300 $1.3k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 250 $1.1k | Unchanged |
| Truvestments Capital LLC 0.00% of their portfolio | 250 $1.1k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 212 $918 | New |
| CWM, LLC 0.00% of their portfolio | 200 $1.0k | Reduced -7.5k |
| Larson Financial Group LLC 0.00% of their portfolio | 167 $713 | Added +17 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 100 $427 | Reduced -1.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 100 $427 | Unchanged |
| NFSG Corp 0.00% of their portfolio | 100 $427 | Unchanged |
| TWIN PEAKS WEALTH ADVISORS, LLC 0.00% of their portfolio | 100 $486 | New |
| Allworth Financial LP 0.00% of their portfolio | 50 $214 | Unchanged |
| AMERIFLEX GROUP, INC. 0.00% of their portfolio | 50 $215 | Unchanged |
| MCF Advisors LLC 0.00% of their portfolio | 1 $5 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |