Mitsubishi UFJ Asset Management Boosts ONEOK Stake

Asset manager increases holding in natural gas company by 3.4% in third quarter

Published on Feb. 28, 2026

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Mitsubishi UFJ Asset Management Co. Ltd. raised its position in ONEOK, Inc. (NYSE:OKE) by 3.4% during the third quarter, according to a recent 13F filing with the SEC. The fund now owns 1,232,062 shares of the utilities provider's stock, worth approximately $89.9 million.

Why it matters

ONEOK is a major player in the natural gas and natural gas liquids (NGL) pipeline and processing industry. Institutional investors like Mitsubishi UFJ closely monitor and adjust their positions in the company, which can signal broader market trends and investor sentiment around ONEOK's business.

The details

Mitsubishi UFJ Asset Management added 40,740 shares to its ONEOK holdings during the third quarter. The asset manager now owns about 0.20% of ONEOK's outstanding shares. Other major institutional investors in ONEOK include Vanguard Group, Charles Schwab Investment Management, and Geode Capital Management.

  • Mitsubishi UFJ Asset Management increased its ONEOK stake during the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm that owns a significant stake in ONEOK, Inc.

ONEOK, Inc.

A publicly traded midstream energy company that owns and operates natural gas and natural gas liquids pipelines, processing facilities, and other infrastructure.

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The takeaway

Mitsubishi UFJ's increased investment in ONEOK suggests the asset manager sees continued growth potential in the natural gas and NGL sectors, which are critical components of the global energy landscape.