ONEOK Sees Stake Decrease from CBRE Investment Management

Institutional investor reduces holdings in energy company by over 40%

Mar. 12, 2026 at 9:00am

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CBRE Investment Management Listed Real Assets LLC has reduced its stake in ONEOK, Inc. (NYSE: OKE) by 40.4% during the third quarter, according to a recent SEC filing. The firm previously owned 292,800 shares of the utilities provider's stock, valued at $21.4 million, but sold 198,129 shares during the period.

Why it matters

ONEOK is a major midstream energy company that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets across the central United States. Changes in institutional ownership can signal shifts in market sentiment around the company and its prospects.

The details

According to the SEC filing, CBRE Investment Management Listed Real Assets LLC now owns 292,800 shares of ONEOK, down from 490,929 shares previously. The firm cited the sale of 198,129 shares during the third quarter. ONEOK's stock price has fluctuated in recent months, trading between $64 and $103 over the past 52 weeks.

  • The SEC filing was made on March 12, 2026, reporting on CBRE Investment Management's holdings as of the third quarter of 2025.

The players

CBRE Investment Management Listed Real Assets LLC

An institutional investment firm that manages real asset portfolios, including investments in energy infrastructure companies like ONEOK.

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 across the central United States.

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The takeaway

This reduction in CBRE Investment Management's ONEOK holdings suggests the firm may have a less bullish outlook on the energy company's prospects compared to previous quarters. However, ONEOK remains a major player in the midstream energy space, and changes in institutional ownership do not necessarily indicate broader market sentiment.