Black Swift Group LLC Reduces Energy Transfer LP Stake

Institutional investor trims position in pipeline company by 58% in Q3 2025

Published on Mar. 8, 2026

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Black Swift Group LLC, an institutional investor, reduced its holdings in Energy Transfer LP (NYSE: ET) by 58% during the third quarter of 2025, according to a recent 13F filing with the SEC. The firm now owns 77,950 shares of the pipeline company's stock, down from 185,530 shares previously.

Why it matters

This filing provides insight into the investment decisions of Black Swift Group, a notable institutional investor. Changes in large investor positions can signal broader market sentiment and influence the stock price of Energy Transfer, a major midstream energy company.

The details

According to the 13F filing, Black Swift Group sold 107,580 shares of Energy Transfer during the third quarter, reducing its total position to 77,950 shares. The firm's holdings in ET were valued at $1.34 million as of the end of the quarter.

  • Black Swift Group filed its 13F report for the third quarter of 2025 on March 8, 2026.

The players

Black Swift Group LLC

An institutional investment firm that manages a portfolio of equity holdings.

Energy Transfer LP

A Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage, and processing of hydrocarbons.

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The takeaway

This filing indicates that Black Swift Group has reduced its exposure to Energy Transfer, potentially signaling a shift in the firm's investment strategy or outlook on the midstream energy sector. Investors will likely monitor any further changes in large institutional positions in Energy Transfer as an indicator of broader market sentiment.