TD Asset Management Inc Boosts ONEOK Stake by 15.8%

Institutional investor increases holdings in natural gas and NGL infrastructure company

Mar. 3, 2026 at 12:15am

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TD Asset Management Inc. has increased its stake in ONEOK, Inc. (NYSE: OKE) by 15.8%, adding 41,742 shares during the third quarter. The firm now owns 305,522 shares of the utilities provider's stock, valued at $22.29 million.

Why it matters

ONEOK is a major player in the midstream energy sector, operating critical natural gas and natural gas liquids (NGL) infrastructure. TD Asset Management's increased investment signals confidence in ONEOK's long-term prospects as demand for its services remains strong.

The details

According to a 13F filing with the SEC, TD Asset Management boosted its holdings in ONEOK by 15.8% during the third quarter. The firm now owns 305,522 shares of the company's stock, up from 263,780 shares held previously.

  • The 13F filing was submitted in the third quarter of the year.

The players

TD Asset Management Inc.

A Canadian investment management firm that oversees over $400 billion in assets.

ONEOK, Inc.

A Tulsa, Oklahoma-based midstream energy company that operates natural gas and NGL pipelines, processing facilities, and storage terminals.

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The takeaway

TD Asset Management's increased stake in ONEOK reflects the firm's confidence in the company's ability to navigate the evolving energy landscape and capitalize on growing demand for natural gas and NGL infrastructure services.