VENTURE GLOBAL INC VG
COM CL A · Common Stock · CUSIP 92333F101
- SectorUtilities
- IndustryNatural Gas Distribution
- HeadquartersArlington, VA
- Websiteventuregloballng.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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.19. Options: 14 managers hold calls ($54.9m notional), 17 hold puts ($150.4m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 143 |
| Q2 2025 | 172 |
| Q3 2025 | 219 |
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 2025 | 108 | 95 |
| Q3 2025 | 155 | 65 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $30.6m | $35.3m | 1.15 |
| Q2 2025 | $95.8m | $172.5m | 1.80 |
| Q3 2025 | $54.9m | $150.4m | 2.74 |
Biggest buyers
| VANGUARD GROUP INC | Added | +13.6m |
| BlackRock, Inc. | Added | +6.3m |
| STATE STREET CORP | Added | +4.9m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +4.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +3.5m |
| MORGAN STANLEY | Added | +3.5m |
| CITADEL ADVISORS LLC | Added | +1.4m |
| TWO SIGMA ADVISERS, LP | New | +998.8k |
| GOLDMAN SACHS GROUP INC | Added | +963.9k |
| WINTON GROUP Ltd | New | +960.7k |
Biggest sellers
| LUMINUS MANAGEMENT LLC | Reduced | -18.0m |
| UBS Group AG | Reduced | -2.6m |
| Alyeska Investment Group, L.P. | Reduced | -1.6m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.0m |
| DEUTSCHE BANK AG\ | Reduced | -948.9k |
| Bank of New York Mellon Corp | Reduced | -911.9k |
| Sourcerock Group LLC | Sold out | -789.2k |
| Clearbridge Investments, LLC | Reduced | -553.8k |
| COHEN & STEERS, INC. | Reduced | -524.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.1m1.4m shares |
| CITADEL ADVISORS LLC | Added | $9.1m638.8k shares |
| JANE STREET GROUP, LLC | Added | $8.2m576.8k shares |
| GROUP ONE TRADING LLC | Reduced | $4.8m339.8k shares |
| NOMURA HOLDINGS INC | Unchanged | $4.7m334.2k shares |
| WOLVERINE TRADING, LLC | New | $2.8m200.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.9m133.0k shares |
| SIG BROKERAGE, LP | Unchanged | $1.4m99.0k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $709.5k50.0k shares |
| Walleye Capital LLC | Added | $448.4k31.6k shares |
Biggest puts
| Yaupon Capital Management LP | Added | $71.9m5.1m shares |
| BARCLAYS PLC | Reduced | $24.0m1.7m shares |
| CITADEL ADVISORS LLC | Added | $14.1m995.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.6m959.9k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $5.7m399.5k shares |
| GROUP ONE TRADING LLC | Reduced | $5.3m375.0k shares |
| JANE STREET GROUP, LLC | Reduced | $3.8m270.1k shares |
| WOLVERINE TRADING, LLC | New | $3.5m248.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2m157.8k shares |
| Zimmer Partners, LP | New | $2.1m150.0k 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 |
|---|---|
| Venture Global Partners II, LLC 13G · exempt (held before listing) new · filed 2025-05-06 | 81.4% |
| PACIFIC INVESTMENT MANAGEMENT CO LLC 13G · exempt (held before listing) -16.5 pts · filed 2026-08-14 | 32.4% |
| D. E. SHAW & CO, L.P. 13G · passive investor new · filed 2026-09-15 | 5.4% |
Fell to 5% or below in the last year: Thayer Jonathan W (4.4%, 2026-08-03), Earl Thomas (4.3%, 2026-08-03), Larson Keith D (4.7%, 2026-08-03)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 3 | $17.7m | 0 | — | — |
| Q2 2025 | 1 | $19.6k | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $26.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-15 | Earl Thomas Chief Commercial Officer | Sold | $6.8m500.0k shares |
| 2025-09-12 | Earl Thomas Chief Commercial Officer | Sold | $2.2m159.9k shares |
| 2025-09-11 | Earl Thomas Chief Commercial Officer | Sold | $11.5m840.1k shares |
| 2025-08-22 | Larson Keith D General Counsel and Secretary | Sold | $5.1m394.9k shares |
| 2025-08-21 | Larson Keith D General Counsel and Secretary | Sold | $1.2m94.1k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| Allianz Asset Management GmbH 6.19% of their portfolio | 354.7m $5.0bn | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 22.9m $324.4m | Added +13.6m |
| BlackRock, Inc. 0.00% of their portfolio | 8.0m $113.0m | Added +6.3m |
| SANDS CAPITAL MANAGEMENT, LLC 0.29% of their portfolio | 7.5m $106.2m | Reduced -370.5k |
| STATE STREET CORP 0.00% of their portfolio | 5.9m $84.0m | Added +4.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.8m $68.5m | Added +4.1m |
| COHEN & STEERS, INC. 0.12% of their portfolio | 4.7m $67.3m | Reduced -524.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.11% of their portfolio | 4.7m $66.3m | Reduced -237.9k |
| MORGAN STANLEY 0.00% of their portfolio | 4.3m $61.5m | Added +3.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.1m $58.4m | Added +3.5m |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.49% of their portfolio | 2.7m $37.8m | Added +11.1k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 2.2m $31.9m | Reduced -948.9k |
| Catalyst Capital Advisors LLC 0.54% of their portfolio | 1.9m $26.6m | Added +144.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $21.1m | Added +963.9k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.5m $20.7m | Added +1.4m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $19.8m | Reduced -1.0m |
| LPL Financial LLC 0.01% of their portfolio | 1.3m $17.9m | Reduced -23.6k |
| UBS Group AG 0.00% of their portfolio | 1.0m $14.4m | Reduced -2.6m |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 998.8k $14.2m | New |
| Verition Fund Management LLC 0.08% of their portfolio | 979.1k $13.9m | Added +386.6k |
| WINTON GROUP Ltd 0.51% of their portfolio | 960.7k $13.6m | New |
| ALPS ADVISORS INC 0.07% of their portfolio | 945.2k $13.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 911.2k $12.9m | Added +750.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 907.2k $12.9m | Added +401.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 904.6k $12.8m | Reduced -1.1m |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 870.5k $12.4m | Added +839.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 802.8k $11.4m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 768.4k $10.9m | Added +71.3k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 695.7k $9.9m | New |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 694.9k $9.9m | Added +122.0k |
| ARISTEIA CAPITAL, L.L.C. 0.28% of their portfolio | 635.0k $9.0m | New |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 604.9k $8.6m | Added +164.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 579.3k $8.2m | Added +166.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.08% of their portfolio | 562.8k $8.0m | Added +388.9k |
| READYSTATE ASSET MANAGEMENT LP 0.38% of their portfolio | 555.0k $7.9m | Added +395.9k |
| WESTWOOD HOLDINGS GROUP INC 0.05% of their portfolio | 471.3k $6.7m | New |
| MATHER GROUP, LLC. 0.07% of their portfolio | 460.0k $6.5m | New |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 408.2k $5.8m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 362.4k $5.1m | Reduced -254.3k |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 335.9k $4.8m | Reduced -1.6m |
| Trexquant Investment LP 0.05% of their portfolio | 324.5k $4.6m | New |
| Ausbil Investment Management Ltd 2.51% of their portfolio | 319.7k $4.7m | New |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 312.4k $4.4m | Added +242.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 307.3k $4.4m | New |
| GABELLI FUNDS LLC 0.03% of their portfolio | 302.0k $4.3m | Added +50.8k |
| HOHIMER WEALTH MANAGEMENT, LLC 0.55% of their portfolio | 278.7k $4.0m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 266.7k $3.8m | Reduced -74.8k |
| Aventail Capital Group, LP 0.18% of their portfolio | 266.5k $3.8m | Reduced -300.6k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 263.9k $3.7m | Reduced -553.8k |
| Quotient Wealth Partners, LLC 0.10% of their portfolio | 256.6k $3.6m | New |
| Militia Capital Partners, LP 0.57% of their portfolio | 256.1k $3.6m | Added +224.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 252.8k $3.6m | Reduced -911.9k |
| GROUP ONE TRADING LLC 0.10% of their portfolio | 241.3k $3.4m | Added +92.5k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 232.8k $3.3m | Added +210.9k |
| Sagefield Capital LP 0.36% of their portfolio | 229.2k $3.3m | New |
| DARK FOREST CAPITAL MANAGEMENT LP 0.12% of their portfolio | 228.1k $3.2m | Added +138.9k |
| BOKF, NA 0.04% of their portfolio | 200.0k $2.8m | Reduced -50.0k |
| Sculptor Capital LP 0.04% of their portfolio | 200.0k $2.8m | New |
| CenterBook Partners LP 0.14% of their portfolio | 200.0k $2.8m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 191.7k $2.7m | Added +138.9k |
| Pacer Advisors, Inc. 0.01% of their portfolio | 172.3k $2.4m | Added +73.5k |
| Quantbot Technologies LP 0.06% of their portfolio | 164.6k $2.3m | New |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 146.3k $2.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 144.9k $2.1m | New |
| VIKING FUND MANAGEMENT LLC 0.24% of their portfolio | 140.0k $2.0m | New |
| Cetera Investment Advisers 0.00% of their portfolio | 139.6k $2.0m | Reduced -6.5k |
| CLOUGH CAPITAL PARTNERS L P 0.16% of their portfolio | 129.8k $1.8m | Added +492 |
| FIL Ltd 0.00% of their portfolio | 122.3k $1.7m | Reduced -2.7k |
| Brevan Howard Capital Management LP 0.02% of their portfolio | 120.0k $1.7m | Added +78.3k |
| Renaissance Capital LLC 0.95% of their portfolio | 118.8k $1.7m | Added +42.3k |
| FOREFRONT WEALTH MANAGEMENT INC. 1.23% of their portfolio | 118.4k $1.7m | Added +3.7k |
| Forefront Wealth Partners, LLC 0.42% of their portfolio | 118.4k $1.7m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 117.9k $1.7m | Added +105.1k |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 0.11% of their portfolio | 106.6k $913.2k | Reduced -15.8k |
| HAP Trading, LLC 0.41% of their portfolio | 104.2k $1.5m | First filing |
| Bruce & Co., Inc. 0.44% of their portfolio | 100.0k $1.4m | Unchanged |
| Ghisallo Capital Management LLC 0.05% of their portfolio | 100.0k $1.4m | Unchanged |
| Kingstone Capital Partners Texas, LLC 0.82% of their portfolio | 99.4k $1.4m | New |
| STEPHENS INC /AR/ 0.02% of their portfolio | 95.4k $1.4m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 92.2k $1.3m | Reduced -65.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 91.9k $1.3m | Added +51.7k |
| Pathstone Holdings, LLC 0.00% of their portfolio | 90.7k $1.3m | Added +58.8k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 88.4k $1.3m | Added +64.9k |
| Caption Management, LLC 0.07% of their portfolio | 82.3k $1.2m | Added +70.2k |
| Ascentis Wealth Management, LLC 0.25% of their portfolio | 81.6k $1.2m | Added +7.3k |
| HighTower Advisors, LLC 0.00% of their portfolio | 79.9k $1.1m | Added +1.3k |
| Legacy Advisors, LLC 0.14% of their portfolio | 77.1k $1.1m | New |
| Walleye Capital LLC 0.01% of their portfolio | 75.0k $1.1m | Added +64.3k |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 73.2k $1.0m | New |
| Jump Financial, LLC 0.01% of their portfolio | 69.1k $980.5k | Added +13.3k |
| CITIGROUP INC 0.00% of their portfolio | 68.4k $970.4k | Added +44.6k |
| SCP Investment, LP 0.78% of their portfolio | 68.1k $966.2k | New |
| SummitTX Capital, L.P. 0.04% of their portfolio | 67.3k $955.5k | New |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 67.2k $996.1k | Added +25.4k |
| WOLVERINE TRADING, LLC 0.02% of their portfolio | 66.8k $950.0k | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 66.7k $946.3k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 64.6k $916.5k | Reduced -47.4k |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 62.5k $886.2k | Added +10.2k |
| Vident Advisory, LLC 0.01% of their portfolio | 59.6k $845.2k | New |
| Beacon Pointe Advisors, LLC 0.01% of their portfolio | 59.5k $843.7k | Reduced -14.8k |