SPIRE INC SR
COM · Common Stock · CUSIP 84857L101
Public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities
- SectorUtilities
- IndustryNatural Gas Distribution
- HeadquartersSt Louis, MO
- Founded1857
- Websitespireenergy.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 ($51.7m this quarter). Holder counts are more reliable. Shares outstanding: 59.1m as of 2026-01-30, 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 ≈ $82.75. Options: 2 managers hold calls ($471.4k notional), 1 hold puts ($66.2k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 280 |
| Q4 2022 | 288 |
| Q1 2023 | 290 |
| Q2 2023 | 290 |
| Q3 2023 | 280 |
| Q4 2023 | 281 |
| Q1 2024 | 279 |
| Q2 2024 | 293 |
| Q3 2024 | 310 |
| Q4 2024 | 322 |
| Q1 2025 | 330 |
| Q2 2025 | 337 |
| Q3 2025 | 340 |
| Q4 2025 | 366 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 133 | 136 |
| Q2 2024 | 155 | 107 |
| Q3 2024 | 155 | 129 |
| Q4 2024 | 171 | 129 |
| Q1 2025 | 170 | 148 |
| Q2 2025 | 185 | 135 |
| Q3 2025 | 179 | 157 |
| Q4 2025 | 172 | 157 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $1.6m | $188.0k | 0.12 |
| Q2 2025 | $335.5k | $7.0k | 0.02 |
| Q3 2025 | $586.8k | $16.0k | 0.03 |
| Q4 2025 | $471.4k | $66.2k | 0.14 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +1.3m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +462.5k |
| Energy Income Partners, LLC | New | +395.8k |
| BlackRock, Inc. | Added | +255.2k |
| GOLDMAN SACHS GROUP INC | Added | +185.8k |
| South Street Advisors LLC | New | +184.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +154.2k |
| T. Rowe Price Investment Management, Inc. | Added | +148.5k |
| Nuveen, LLC | Added | +114.7k |
| MORGAN STANLEY | Added | +98.2k |
Biggest sellers
| MACQUARIE GROUP LTD | Reduced | -1.7m |
| COHEN & STEERS, INC. | Sold out | -1.0m |
| JPMORGAN CHASE & CO | Reduced | -462.0k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -447.8k |
| Allianz Asset Management GmbH | Reduced | -200.5k |
| Bank of New York Mellon Corp | Reduced | -147.9k |
| DEUTSCHE BANK AG\ | Reduced | -133.5k |
| UBS Group AG | Reduced | -113.5k |
| Invesco Ltd. | Reduced | -97.4k |
| Sourcerock Group LLC | Sold out | -95.6k |
Biggest calls
| JANE STREET GROUP, LLC | New | $372.1k4.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $99.2k1.2k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $66.2k800 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 PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 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 |
|---|---|---|---|---|---|
| Q1 2024 | 1 | $24.9k | 2 | $148.5k | — |
| Q2 2024 | 1 | $107.2k | 0 | — | — |
| Q3 2024 | 1 | $33.1k | 2 | $461.7k | — |
| Q4 2024 | 1 | $73.6k | 2 | $177.1k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 8.1m $668.4m | Added +255.2k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.4m $531.8m | Added +19.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.46% of their portfolio | 3.3m $268.8m | Added +1.3m |
| STATE STREET CORP 0.01% of their portfolio | 3.2m $263.9m | Reduced -61.4k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 2.5m $204.8m | Reduced -133.5k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 2.2m $186.1m | Reduced -447.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.6m $130.7m | Added +47.1k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.19% of their portfolio | 1.5m $122.8m | First filing |
| CAPTRUST FINANCIAL ADVISORS 0.20% of their portfolio | 1.2m $102.6m | Added +20.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.14% of their portfolio | 1.1m $92.9m | Added +462.5k |
| Nuveen, LLC 0.02% of their portfolio | 1.1m $92.3m | Added +114.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.1m $90.2m | Added +98.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.0m $84.9m | Added +4.8k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.92% of their portfolio | 983.4k $81.3m | Reduced -39.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.77% of their portfolio | 954.6k $78.9m | Reduced -48.6k |
| Invesco Ltd. 0.01% of their portfolio | 748.9k $61.9m | Reduced -97.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 739.9k $61.2m | Reduced -36.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 736.9k $60.9m | Reduced -47.2k |
| Thrivent Financial for Lutherans 0.10% of their portfolio | 696.7k $57.6m | Added +1.5k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 680.0k $56.2m | Added +148.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 647.6k $53.6m | Added +185.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 609.5k $50.4m | Reduced -147.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 594.2k $49.1m | Added +57.5k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 574.4k $47.5m | Reduced -85.3k |
| NORGES BANK 0.00% of their portfolio | 559.0k $46.2m | Not comparable |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 556.8k $46.0m | Reduced -29.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 478.0k $39.5m | Reduced -2.5k |
| ProShare Advisors LLC 0.07% of their portfolio | 465.7k $38.5m | Reduced -85.3k |
| OLD REPUBLIC INTERNATIONAL CORP 1.45% of their portfolio | 433.5k $35.9m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 400.5k $33.1m | Added +55.8k |
| Energy Income Partners, LLC 0.59% of their portfolio | 395.8k $32.7m | New |
| UBS Group AG 0.01% of their portfolio | 384.2k $31.8m | Reduced -113.5k |
| JUPITER ASSET MANAGEMENT LTD 0.25% of their portfolio | 378.5k $31.3m | Added +69.5k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 367.1k $30.4m | Reduced -1.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 363.6k $30.1m | Added +12.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 339.0k $28.0m | Reduced -35.0k |
| Legal & General Group Plc 0.01% of their portfolio | 306.7k $25.4m | Reduced -30.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 296.3k $24.5m | Added +154.2k |
| ExodusPoint Capital Management, LP 0.27% of their portfolio | 293.2k $24.3m | Added +92.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 262.2k $21.7m | Added +42.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 245.9k $20.3m | Reduced -462.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 215.0k $17.8m | Reduced -5.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 190.8k $15.8m | Reduced -19.4k |
| South Street Advisors LLC 2.14% of their portfolio | 184.0k $15.2m | New |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 171.9k $14.2m | Reduced -5.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 166.5k $13.8m | Reduced -11.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 161.1k $13.3m | Reduced -41.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 157.9k $13.1m | Reduced -14.0k |
| Resolution Capital Ltd 0.26% of their portfolio | 141.3k $11.7m | Added +62.2k |
| EXCHANGE TRADED CONCEPTS, LLC 0.10% of their portfolio | 139.0k $11.5m | Reduced -2.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 130.5k $10.8m | Reduced -67.7k |
| BARCLAYS PLC 0.00% of their portfolio | 129.5k $10.7m | Reduced -7.5k |
| GABELLI FUNDS LLC 0.07% of their portfolio | 128.4k $10.6m | Reduced -100 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 124.6k $10.3m | Added +33.3k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio | 121.4k $10.0m | Reduced -378 |
| Leeward Investments, LLC - MA 0.49% of their portfolio | 118.1k $9.8m | Added +14.6k |
| Swiss National Bank 0.01% of their portfolio | 116.3k $9.6m | Added +2.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 107.6k $8.9m | Reduced -12.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 103.1k $8.5m | Reduced -6.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 101.7k $8.4m | Reduced -6.2k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 94.6k $7.8m | Reduced -8.4k |
| Meiji Yasuda Asset Management Co Ltd. 0.36% of their portfolio | 90.9k $7.5m | Reduced -6.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 88.3k $7.3m | Reduced -52.9k |
| Azimuth Capital Investment Management LLC 0.25% of their portfolio | 83.9k $6.9m | New |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 81.5k $6.7m | Reduced -924 |
| INTECH INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 75.8k $6.3m | Added +49.6k |
| FMR LLC 0.00% of their portfolio | 75.6k $6.2m | Added +14.4k |
| Hudson Bay Capital Management LP 0.03% of their portfolio | 71.0k $5.9m | New |
| Retirement Systems of Alabama 0.02% of their portfolio | 70.8k $5.9m | Reduced -525 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 65.6k $5.4m | New |
| CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio | 62.0k $5.1m | Added +1.8k |
| VIKING FUND MANAGEMENT LLC 0.58% of their portfolio | 60.0k $5.0m | Unchanged |
| MetLife Investment Management, LLC 0.02% of their portfolio | 59.8k $4.9m | Reduced -3.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 55.8k $4.6m | Added +1.7k |
| Maryland State Retirement & Pension System 0.09% of their portfolio | 55.7k $4.6m | Added +968 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 55.4k $4.6m | Reduced -10 |
| HENNESSY ADVISORS INC 0.15% of their portfolio | 52.2k $4.3m | Reduced -1.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 51.4k $4.2m | Reduced -5.6k |
| SG Americas Securities, LLC 0.01% of their portfolio | 49.8k $4.1m | Added +37.1k |
| Man Group plc 0.01% of their portfolio | 49.2k $4.1m | Added +38.6k |
| ICON ADVISERS INC/CO 0.88% of their portfolio | 49.1k $4.1m | Added +2.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 48.5k $4.0m | Reduced -5.7k |
| Boston Partners 0.00% of their portfolio | 48.3k $4.0m | Reduced -9.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 47.9k $4.0m | Added +30.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 47.1k $3.9m | Reduced -68.4k |
| Magellan Asset Management Ltd 0.05% of their portfolio | 46.2k $3.8m | Added +3.1k |
| Phocas Financial Corp. 0.49% of their portfolio | 45.9k $3.8m | New |
| Regent Peak Wealth Advisors LLC 0.72% of their portfolio | 44.0k $3.6m | Reduced -5.9k |
| Cardinal Capital Management 0.48% of their portfolio | 43.0k $3.6m | Added +292 |
| Csenge Advisory Group 0.16% of their portfolio | 42.5k $3.5m | Added +5.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 40.5k $3.3m | Added +122 |
| COMERICA BANK 0.01% of their portfolio | 39.2k $3.2m | Added +3.9k |
| Edgestream Partners, L.P. 0.09% of their portfolio | 38.4k $3.2m | New |
| BESSEMER GROUP INC 0.00% of their portfolio | 38.2k $3.2m | Added +37.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 36.2k $3.0m | New |
| Vennlight Capital Management, LP 3.47% of their portfolio | 36.0k $3.0m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 34.1k $2.8m | Reduced -9.3k |
| Cerity Partners LLC 0.00% of their portfolio | 33.8k $2.8m | Added +1.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 33.7k $2.8m | Reduced -520 |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 32.6k $2.7m | Reduced -1.7m |