First Trust Advisors Increases ONEOK Stake by 12%

Investment firm adds 180,887 shares of the natural gas company in Q3

Published on Mar. 9, 2026

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First Trust Advisors LP grew its stake in ONEOK, Inc. (NYSE:OKE) by 12.1% during the 3rd quarter, according to a recent SEC filing. The firm now owns 1,674,559 shares of the utilities provider's stock, worth approximately $122.2 million.

Why it matters

ONEOK is a major midstream energy company that operates critical natural gas and natural gas liquids infrastructure. First Trust Advisors' increased stake signals confidence in ONEOK's business and growth prospects.

The details

First Trust Advisors purchased an additional 180,887 shares of ONEOK during the 3rd quarter, bringing its total position to 1,674,559 shares. This represents approximately 0.27% ownership of the company. ONEOK's stock has traded in the $64 to $103 range over the past 52 weeks.

  • First Trust Advisors filed its 13F report for the 3rd quarter of 2026 on March 9, 2026.
  • The 180,887 share increase occurred during the 3rd quarter of 2026.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial products and services, including mutual funds, exchange-traded funds, and other investment vehicles.

ONEOK, Inc.

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

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The takeaway

First Trust Advisors' increased stake in ONEOK suggests the investment firm sees further upside potential in the natural gas infrastructure company's stock. ONEOK's diversified midstream assets and exposure to growing energy demand make it an attractive investment for institutional investors.