WILLIAMS COS INC WMB
COM · Common Stock · CUSIP 969457100 · ISIN US9694571004
American energy company
- SectorUtilities
- IndustryNatural Gas Transmission
- HeadquartersTulsa, OK
- Founded1908
- Websitewilliams.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 ($449.7m this quarter). Holder counts are more reliable. Shares outstanding: 1.2bn as of 2026-07-30, 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 ≈ $74.33. Options: 44 managers hold calls ($1.7bn notional), 34 hold puts ($915.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,097 |
| Q4 2022 | 1,150 |
| Q1 2023 | 1,138 |
| Q2 2023 | 1,147 |
| Q3 2023 | 1,148 |
| Q4 2023 | 1,236 |
| Q1 2024 | 1,247 |
| Q2 2024 | 1,310 |
| Q3 2024 | 1,346 |
| Q4 2024 | 1,519 |
| Q1 2025 | 1,572 |
| Q2 2025 | 1,633 |
| Q3 2025 | 1,612 |
| Q4 2025 | 1,702 |
| Q1 2026 | 1,821 |
| Q2 2026 | 1,828 |
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 | 622 | 590 |
| Q4 2024 | 647 | 665 |
| Q1 2025 | 786 | 667 |
| Q2 2025 | 829 | 633 |
| Q3 2025 | 769 | 694 |
| Q4 2025 | 770 | 712 |
| Q1 2026 | 885 | 758 |
| Q2 2026 | 861 | 778 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $465.7m | $218.1m | 0.47 |
| Q4 2025 | $350.0m | $376.7m | 1.08 |
| Q1 2026 | $557.2m | $372.6m | 0.67 |
| Q2 2026 | $1.7bn | $915.3m | 0.54 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +10.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +4.7m |
| ONTARIO TEACHERS PENSION PLAN BOARD | New | +4.4m |
| BlackRock, Inc. | Added | +3.6m |
| BARCLAYS PLC | Added | +2.8m |
| Vontobel Holding Ltd. | Added | +2.0m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.9m |
| UBS Group AG | Added | +1.8m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Added | +1.7m |
| PointState Capital LP | New | +1.2m |
Biggest sellers
| Qube Research & Technologies Ltd | Reduced | -3.8m |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | Sold out | -2.0m |
| MORGAN STANLEY | Reduced | -1.9m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Reduced | -1.4m |
| DEUTSCHE BANK AG\ | Reduced | -1.4m |
| Amundi | Reduced | -1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.3m |
| D. E. Shaw & Co., Inc. | Reduced | -1.2m |
| Legal & General Group Plc | Reduced | -1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.0m |
Biggest calls
| 1832 Asset Management L.P. | New | $557.5m7.5m shares |
| ROYAL BANK OF CANADA | New | $377.2m5.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $189.3m2.5m shares |
| JANE STREET GROUP, LLC | Added | $163.2m2.2m shares |
| CITADEL ADVISORS LLC | Added | $120.3m1.6m shares |
| BlackRock, Inc. | Added | $56.4m758.6k shares |
| IMC-Chicago, LLC | Added | $34.4m463.2k shares |
| Optiver Holding B.V. | Reduced | $23.1m310.6k shares |
| LMR Partners LLP | Reduced | $22.3m300.0k shares |
| Jefferies Financial Group Inc. | Added | $21.7m291.8k shares |
Biggest puts
| BARCLAYS PLC | New | $194.0m2.6m shares |
| JANE STREET GROUP, LLC | Added | $168.0m2.3m shares |
| HRT FINANCIAL LP | New | $66.3m892.3k shares |
| IMC-Chicago, LLC | Added | $60.0m807.0k shares |
| CITADEL ADVISORS LLC | Added | $58.0m780.1k shares |
| Caption Management, LLC | Reduced | $54.1m728.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $51.7m695.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $46.1m620.6k shares |
| GROUP ONE TRADING LLC | Added | $31.0m417.0k shares |
| D. E. Shaw & Co., Inc. | New | $22.3m300.0k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 8.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 5.5% |
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 | 0 | — | 3 | $1.1m | $313.2k |
| Q1 2025 | 0 | — | 5 | $7.9m | $218.8k |
| Q2 2025 | 0 | — | 1 | $357.9k | $357.9k |
| Q3 2025 | 0 | — | 2 | $623.1k | $244.8k |
| Q4 2025 | 0 | — | 1 | $365.9k | $123.8k |
| Q1 2026 | 0 | — | 4 | $3.9m | $120.2k |
| Q2 2026 | 0 | — | 4 | $5.3m | $286.1k |
| Q3 2026 | 0 | — | 1 | $1.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-01 | Wilson Terrance Lane SVP & General Counsel | Sold | $151.1k2.0k shares |
| 2026-08-14 | Wilson Terrance Lane SVP & General Counsel | Sold | $763.8k10.2k shares |
| 2026-08-14 | Wilson Terrance Lane SVP & General Counsel | Sold | $209.6k2.8k shares |
| 2026-08-03 | Wilson Terrance Lane SVP & General Counsel | Sold | $141.3k2.0k shares |
| 2026-07-01 | Wilson Terrance Lane SVP & General Counsel | Sold | $148.3k2.0k shares |
| 2026-06-01 | Wilson Terrance Lane SVP & General Counsel | Sold plan | $142.6k2.0k shares |
| 2026-05-15 | Jasek Glen G. Senior Vice President | Sold | $195.4k2.5k shares |
| 2026-05-14 | Larsen Larry C Executive Vice President & COO | Sold | $917.9k12.0k shares |
| 2026-05-06 | Porter John Dean EVP & CFO | Sold | $3.8m50.0k shares |
| 2026-05-01 | Wilson Terrance Lane SVP & General Counsel | Sold | $152.7k2.0k shares |
| 2026-04-01 | Wilson Terrance Lane SVP & General Counsel | Sold plan | $143.5k2.0k 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. 0.13% of their portfolio | 115.5m $8.6bn | Added +3.6m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 79.8m $5.9bn | Added +492.2k |
| STATE STREET CORP 0.16% of their portfolio | 72.0m $5.4bn | Reduced -972.9k |
| BANK OF AMERICA CORP /DE/ 0.21% of their portfolio | 44.7m $3.3bn | Added +206.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.15% of their portfolio | 43.5m $3.2bn | Added +244.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.42% of their portfolio | 33.1m $2.5bn | Added +10.0m |
| MORGAN STANLEY 0.13% of their portfolio | 31.8m $2.4bn | Reduced -1.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 29.9m $2.2bn | Added +317.4k |
| Clearbridge Investments, LLC 1.49% of their portfolio | 24.2m $1.8bn | Added +973.2k |
| JPMORGAN CHASE & CO 0.09% of their portfolio | 21.4m $1.6bn | Reduced -678.6k |
| Invesco Ltd. 0.11% of their portfolio | 19.3m $1.4bn | Added +1.2m |
| DEUTSCHE BANK AG\ 0.38% of their portfolio | 17.6m $1.3bn | Reduced -1.4m |
| Blackstone Inc. 4.21% of their portfolio | 17.3m $1.3bn | Added +266.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 14.9m $1.1bn | Reduced -1.0m |
| NORTHERN TRUST CORP 0.12% of their portfolio | 13.3m $991.4m | Reduced -88.0k |
| ROYAL BANK OF CANADA 0.17% of their portfolio | 13.3m $989.3m | Added +1.2m |
| NORGES BANK 0.09% of their portfolio | 12.1m $896.6m | Not comparable |
| NEUBERGER BERMAN GROUP LLC 0.57% of their portfolio | 11.5m $858.3m | Added +33.1k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 11.5m $855.9m | Added +814.1k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 8.50% of their portfolio | 11.2m $836.2m | Reduced -250.5k |
| UBS Group AG 0.13% of their portfolio | 10.8m $803.1m | Added +1.8m |
| Amundi 0.19% of their portfolio | 10.4m $770.0m | Reduced -1.4m |
| RAYMOND JAMES FINANCIAL INC 0.18% of their portfolio | 8.9m $664.4m | Reduced -176.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 8.8m $653.6m | Reduced -128.9k |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 8.5m $634.8m | Reduced -17.8k |
| Legal & General Group Plc 0.12% of their portfolio | 8.0m $596.1m | Reduced -1.2m |
| Bank of New York Mellon Corp 0.10% of their portfolio | 7.8m $579.0m | Reduced -259.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 7.7m $571.0m | Added +65.1k |
| WELLS FARGO & COMPANY/MN 0.10% of their portfolio | 7.6m $561.3m | Added +1.2m |
| AMERICAN CENTURY COMPANIES INC 0.24% of their portfolio | 7.2m $537.0m | Added +766.4k |
| Nuveen, LLC 0.12% of their portfolio | 7.0m $521.4m | Reduced -25.6k |
| COHEN & STEERS, INC. 0.82% of their portfolio | 7.0m $518.6m | Added +397.8k |
| VANGUARD FIDUCIARY TRUST CO 0.11% of their portfolio | 6.9m $510.5m | Reduced -16.2k |
| Bahl & Gaynor LLC 2.32% of their portfolio | 6.8m $503.4m | Reduced -88.3k |
| KAYNE ANDERSON CAPITAL ADVISORS LP 9.81% of their portfolio | 6.7m $500.3m | Added +26.7k |
| BARCLAYS PLC 0.15% of their portfolio | 6.5m $485.0m | Added +2.8m |
| VICTORY CAPITAL MANAGEMENT INC 0.27% of their portfolio | 6.5m $482.4m | Added +1.9m |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 5.3m $391.6m | Reduced -703.4k |
| WESTWOOD HOLDINGS GROUP INC 2.76% of their portfolio | 4.9m $365.7m | Added +218.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio | 4.9m $365.6m | Added +347.1k |
| Brookfield Corp /ON/ 0.47% of their portfolio | 4.9m $365.3m | Reduced -274.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio | 4.7m $354.2m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.40% of their portfolio | 4.5m $337.8m | Added +251.8k |
| FMR LLC 0.01% of their portfolio | 4.4m $330.0m | Reduced -48.5k |
| ONTARIO TEACHERS PENSION PLAN BOARD 2.09% of their portfolio | 4.4m $329.1m | New |
| Pictet Asset Management Holding SA 0.29% of their portfolio | 4.1m $305.2m | Added +39.0k |
| MACKENZIE FINANCIAL CORP 0.29% of their portfolio | 3.9m $290.6m | Reduced -417.9k |
| STIFEL FINANCIAL CORP 0.24% of their portfolio | 3.9m $290.4m | Added +133.3k |
| 1832 Asset Management L.P. 0.36% of their portfolio | 3.9m $290.2m | Added +713.4k |
| Artisan Partners Limited Partnership 0.47% of their portfolio | 3.9m $286.5m | Reduced -768.2k |
| Swiss National Bank 0.13% of their portfolio | 3.4m $256.4m | Reduced -135.0k |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 3.4m $250.9m | Added +461.2k |
| National Pension Service 0.16% of their portfolio | 3.3m $245.8m | Added +89.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.13% of their portfolio | 3.3m $242.9m | Added +247.4k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 3.2m $231.4m | Added +180.7k |
| CHICKASAW CAPITAL MANAGEMENT LLC 8.10% of their portfolio | 3.0m $225.2m | Added +23.1k |
| CI INVESTMENTS INC. 0.72% of their portfolio | 3.0m $224.0m | Added +519.3k |
| JOHNSON INVESTMENT COUNSEL INC 1.49% of their portfolio | 2.8m $204.5m | Reduced -147.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio | 2.7m $197.7m | Reduced -6.5k |
| Vanguard Global Advisers, LLC 0.09% of their portfolio | 2.7m $197.3m | Reduced -18.5k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 2.6m $194.9m | Added +262.9k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 2.6m $194.4m | Added +272.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.13% of their portfolio | 2.6m $194.0m | Added +317.3k |
| Point72 Asset Management, L.P. 0.29% of their portfolio | 2.5m $188.0m | Added +110.0k |
| JENNISON ASSOCIATES LLC 0.11% of their portfolio | 2.4m $181.6m | Reduced -312.1k |
| Evercore Wealth Management, LLC 2.47% of their portfolio | 2.3m $174.5m | Reduced -22.7k |
| RHUMBLINE ADVISERS 0.13% of their portfolio | 2.3m $168.7m | Reduced -31.1k |
| LPL Financial LLC 0.04% of their portfolio | 2.2m $165.0m | Added +71.3k |
| California Public Employees Retirement System 0.09% of their portfolio | 2.2m $164.9m | Reduced -3.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.15% of their portfolio | 2.2m $162.6m | Added +66.6k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.2m $162.3m | Reduced -312.6k |
| Merewether Investment Management, LP 3.06% of their portfolio | 2.2m $162.3m | Added +514.6k |
| TRUIST FINANCIAL CORP 0.19% of their portfolio | 2.2m $162.0m | Added +142.8k |
| REAVES W H & CO INC 2.38% of their portfolio | 2.1m $157.2m | Added +24.4k |
| Vontobel Holding Ltd. 0.53% of their portfolio | 2.1m $156.9m | Added +2.0m |
| CITIGROUP INC 0.07% of their portfolio | 2.0m $151.8m | Added +713.8k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.40% of their portfolio | 2.0m $148.7m | Added +67.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 2.0m $148.7m | Added +207.4k |
| CAPITAL ADVISORS INC/OK 2.19% of their portfolio | 2.0m $148.6m | Reduced -12.1k |
| SEI INVESTMENTS CO 0.13% of their portfolio | 2.0m $148.2m | Reduced -204.7k |
| Alyeska Investment Group, L.P. 0.38% of their portfolio | 2.0m $148.0m | Added +780.6k |
| Holocene Advisors, LP 0.33% of their portfolio | 2.0m $146.0m | Added +979.3k |
| Aberdeen Group plc 0.20% of their portfolio | 1.9m $139.4m | Added +139.0k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 6.21% of their portfolio | 1.9m $138.7m | Added +166.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.90% of their portfolio | 1.9m $137.9m | Reduced -82.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.11% of their portfolio | 1.8m $139.4m | Reduced -202.0k |
| NATIXIS ADVISORS, LLC 0.15% of their portfolio | 1.8m $137.3m | Added +255.2k |
| CANADA LIFE ASSURANCE Co 0.21% of their portfolio | 1.8m $132.8m | Added +127.2k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 1.82% of their portfolio | 1.8m $130.9m | Added +1.7m |
| CONGRESS ASSET MANAGEMENT CO 0.80% of their portfolio | 1.7m $129.9m | Reduced -72.0k |
| BESSEMER GROUP INC 0.18% of their portfolio | 1.7m $129.5m | Added +6.6k |
| BANK OF NOVA SCOTIA 0.19% of their portfolio | 1.7m $125.5m | Added +441.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 1.7m $124.2m | Added +313.2k |
| AVIVA PLC 0.18% of their portfolio | 1.7m $124.0m | Added +11.6k |
| HighTower Advisors, LLC 0.12% of their portfolio | 1.6m $121.8m | Reduced -31.7k |
| Focus Partners Wealth 0.12% of their portfolio | 1.6m $121.6m | Added +24.1k |
| Chevy Chase Trust Holdings, LLC 0.29% of their portfolio | 1.5m $112.2m | Added +45.2k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.5m $112.1m | Added +148.9k |
| AKO CAPITAL LLP 2.57% of their portfolio | 1.5m $110.5m | Reduced -289.8k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 1.5m $109.4m | Reduced -528.4k |