Teachers Retirement System of Kentucky Cuts Stake in ONEOK

The institutional investor reduced its position in the utilities provider by over 43% in the third quarter.

Published on Mar. 4, 2026

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According to a recent SEC filing, Teachers Retirement System of The State of Kentucky cut its position in shares of ONEOK, Inc. (NYSE:OKE) by 43.2% during the third quarter. The institutional investor now owns 332,707 shares of the utilities provider's stock, worth $24.28 million.

Why it matters

ONEOK is a major midstream energy company that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets. The reduction in stake by a large institutional investor like the Kentucky teachers' retirement system could signal a shift in market sentiment around the company.

The details

According to the SEC filing, Teachers Retirement System of The State of Kentucky sold 252,630 shares of ONEOK stock during the third quarter, reducing its total position to 332,707 shares. The institutional investor previously owned 0.05% of ONEOK, but that stake has now been cut to just under 0.05%.

  • The stake reduction occurred during the third quarter of the year.

The players

Teachers Retirement System of The State of Kentucky

A large institutional investor that manages retirement funds for teachers in the state of Kentucky.

ONEOK, Inc.

A publicly traded midstream energy company headquartered in Tulsa, Oklahoma that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets.

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The takeaway

The reduction in stake by a major institutional investor like the Kentucky teachers' retirement system could signal a shift in market sentiment around ONEOK, a prominent midstream energy company. This move bears watching as it may foreshadow broader changes in the investment landscape for ONEOK and the energy sector.