VGNYSENatural Gas DistributionFiscal year ends December 31
Venture Global, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$12.81+0.09 (+0.71%)
Close on Oct 19, 2026
- Market cap
- $33.86B
- P/E (TTM)
- 10.1
- Dividend yield
- 0.23%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
18.4%
459M of 2.50B shares
Institutional holders
374
115 new, 70 sold out
Net institutional buying
6M
In Q2 2026
Insider trades, 12 months
1 buys · 66 sales
Net sold $409.87M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| David E. Shaw | 28,765,945 | 5.40% | 13G (passive) | Sep 8, 2026 |
| Michael Sabel | 1,969,790,343 | 81.41% | 13G (passive) | Mar 31, 2025 |
| Pacific Investment Management Company LLC | 172,261,658 | 32.40% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of VG | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Allianz Asset Management GmbH | 172,261,658 | 6.89% | $1.92B | −79,053,964 | 1.71% |
| Vanguard Portfolio Management LLC | 16,185,046 | 0.65% | $180.14M | +7,044,634 | 0.01% |
| D. E. Shaw & Co., Inc. | 15,644,297 | 0.63% | $174.12M | +2,234,223 | 0.08% |
| Vanguard Capital Management LLC | 14,362,196 | 0.57% | $159.85M | +5,039,433 | 0.00% |
| Blackstone Inc. | 14,291,170 | 0.57% | $159.06M | +14,091,170 | 0.48% |
| Tcw Group Inc | 14,238,601 | 0.57% | $158.48M | +10,734,953 | 1.07% |
| BlackRock, Inc. | 13,876,512 | 0.56% | $154.45M | +1,345,147 | 0.00% |
| Goldman Sachs Group Inc | 11,126,937 | 0.45% | $123.84M | +5,513,265 | 0.01% |
| Tortoise Capital Advisors, L.L.C. | 9,559,853 | 0.38% | $106.40M | New | 1.08% |
| State Street Corp | 9,032,064 | 0.36% | $100.53M | −384,615 | 0.00% |
| Geode Capital Management, LLC | 6,114,364 | 0.24% | $68.09M | +841,641 | 0.00% |
| Kayne Anderson Capital Advisors LP | 5,743,473 | 0.23% | $63.92M | New | 1.25% |
| Cohen & Steers, Inc. | 5,412,017 | 0.22% | $60.24K | +403,773 | 0.10% |
| Rubric Capital Management LP | 5,410,280 | 0.22% | $60.22M | +3,910,280 | 0.55% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 5,276,887 | 0.21% | $58.73M | +79,474 | 0.07% |
| UBS Group AG | 4,870,152 | 0.19% | $54.20M | −1,216,885 | 0.01% |
| Charles Schwab Investment Management Inc | 4,757,405 | 0.19% | $52.95M | +316,855 | 0.01% |
| Deutsche Bank AG\ | 4,662,386 | 0.19% | $51.89M | −342,095 | 0.02% |
| Encompass Capital Advisors LLC | 4,500,000 | 0.18% | $50.09M | New | 1.78% |
| Morgan Stanley | 4,073,124 | 0.16% | $45.33M | +780,045 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 374 | 459M | 18.4% | 115 / 149 | 79 / 70 | 129M | 123M |
| Q1 2026 | 334 | 453M | 18.1% | 155 / 99 | 52 / 33 | 126M | 121M |
| Q4 2025 | 219 | 472M | 18.9% | 73 / 82 | 47 / 66 | 37M | 26M |
| Q3 2025 | 218 | 461M | 18.4% | 77 / 80 | 39 / 26 | 55M | 32M |
| Q2 2025 | 171 | 438M | 17.5% | 74 / 37 | 51 / 45 | 18M | 38M |
| Q1 2025 | 142 | 458M | 18.3% | 142 / 0 | 0 / 0 | 458M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of VG | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 8,187,882 | 0.33% | $91.13M | 0.00% | Jun 30, 2026 |
| Vanguard Growth Index Fund | 7,369,464 | 0.29% | $82.02M | 0.02% | Jun 30, 2026 |
| Tortoise Energy Infrastructure Total Return Fund | 6,532,860 | 0.26% | $78.66M | 2.09% | May 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF | 5,958,548 | 0.24% | $66.32M | 2.28% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 5,916,249 | 0.24% | $65.85M | 0.07% | Jun 30, 2026 |
| TCW Transform Systems ETF | 5,709,058 | 0.23% | $76.39M | 5.25% | Jul 31, 2026 |
| Global X MLP and Energy Infrastructure ETF | 5,599,394 | 0.22% | $67.42M | 1.90% | May 31, 2026 |
| Recurrent MLP & Energy Infrastructure Fund | 4,266,700 | 0.17% | $57.09M | 3.46% | Jul 31, 2026 |
| Vanguard Small-Cap Index Fund | 2,963,868 | 0.12% | $32.99M | 0.02% | Jun 30, 2026 |
| Catalyst Energy Infrastructure Fund | 2,881,323 | 0.12% | $32.07M | 8.24% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 2,803,772 | 0.11% | $31.21M | 0.01% | Jun 30, 2026 |
| Westwood Salient Mlp & Energy | 2,624,702 | 0.10% | $35.12M | 2.47% | Jul 31, 2026 |
| Kayne Anderson Energy Infrastructure Fund, Inc | 2,571,471 | 0.10% | $30.96M | 1.17% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 2,467,800 | 0.10% | $29.71M | 0.07% | May 31, 2026 |
| American Beacon GLG Natural Resources ETF | 2,360,356 | 0.09% | $31.58M | 3.75% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael Sabel | See Remarks, Director, 10% owner | 1,187,111 | 0.05% | Jun 15, 2026 |
| Robert B. Pender | See Remarks, Director, 10% owner | 1,187,111 | 0.05% | Jan 23, 2026 |
| Venture Global Partners II, LLC | See Remarks, Director, 10% owner | 1,968,604,458 | 78.74% | Jan 27, 2025 |
| Jonathan W. Thayer | Chief Financial Officer | 0 | – | Sep 21, 2026 |
| Keith D. Larson | General Counsel and Secretary | 394,979 | 0.02% | Sep 17, 2026 |
| Brian Cothran | Chief Operating Officer | 152,660 | 0.01% | Sep 14, 2026 |
| Fory Musser | Senior VP, Development | 259,413 | 0.01% | Aug 20, 2026 |
| Sarah Blake | SVP, Chief Accounting Officer | 0 | – | Aug 14, 2026 |
| Thomas Earl | Chief Commercial Officer | 1,000,000 | 0.04% | May 28, 2026 |
| Sari Beth Granat | Director | 0 | – | Aug 14, 2026 |
| Jimmy D. Staton | Director | 1,083,000 | 0.04% | Aug 14, 2026 |
| Thomas J. Reid | Director | – | – | Jun 1, 2026 |
| Andrew J. Orekar | Director | – | – | Jun 1, 2026 |
| Roderick Christie | Director | – | – | Jun 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jonathan W. Thayer Chief Financial Officer | Sep 18, 2026 | Sale(10b5-1 plan) | −111,111 | $14.23 | $1.58M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Sep 18, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Sep 17, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Sep 17, 2026 | Sale(10b5-1 plan) | −111,111 | $14.40 | $1.60M | 0 |
| Keith D. Larson General Counsel and Secretary | Sep 17, 2026 | Option exercise | +394,979 | $0.84 | $331.78K | 394,979 |
| Keith D. Larson General Counsel and Secretary | Sep 17, 2026 | Sale(10b5-1 plan) | −394,979 | $14.40 | $5.69M | 0 |
| Keith D. Larson General Counsel and Secretary | Sep 16, 2026 | Option exercise | +155,692 | $0.84 | $130.78K | 155,692 |
| Keith D. Larson General Counsel and Secretary | Sep 16, 2026 | Option exercise | +239,287 | $0.79 | $189.04K | 394,979 |
| Keith D. Larson General Counsel and Secretary | Sep 16, 2026 | Sale(10b5-1 plan) | −394,979 | $14.82 | $5.85M | 0 |
| Brian Cothran Chief Operating Officer | Sep 14, 2026 | Option exercise | +152,660 | $1.16 | $177.09K | 152,660 |
| Brian Cothran Chief Operating Officer | Sep 14, 2026 | Sale(10b5-1 plan) | −152,660 | $16.15 | $2.47M | 0 |
| Keith D. Larson General Counsel and Secretary | Sep 9, 2026 | Option exercise | +1,885,804 | $0.79 | $1.49M | 1,885,804 |
| Keith D. Larson General Counsel and Secretary | Sep 9, 2026 | Sale(10b5-1 plan) | −1,885,804 | $15.21 | $28.68M | 0 |
| Keith D. Larson General Counsel and Secretary | Sep 8, 2026 | Sale(10b5-1 plan) | −464,196 | $15.05 | $6.99M | 0 |
| Keith D. Larson General Counsel and Secretary | Sep 8, 2026 | Option exercise | +464,196 | $0.79 | $366.71K | 464,196 |
| Fory Musser Senior VP, Development | Aug 20, 2026 | Option exercise | +259,413 | $0.79 | $204.94K | 259,413 |
| Fory Musser Senior VP, Development | Aug 20, 2026 | Sale | −259,413 | $14.26 | $3.70M | 0 |
| Fory Musser Senior VP, Development | Aug 19, 2026 | Sale | −12,600 | $14.01 | $176.53K | 0 |
| Fory Musser Senior VP, Development | Aug 19, 2026 | Option exercise | +12,600 | $0.79 | $9.95K | 12,600 |
| Jonathan W. Thayer Chief Financial Officer | Aug 19, 2026 | Sale(10b5-1 plan) | −111,111 | $13.86 | $1.54M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Aug 19, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Aug 18, 2026 | Sale(10b5-1 plan) | −111,111 | $14.17 | $1.57M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Aug 18, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Fory Musser Senior VP, Development | Aug 17, 2026 | Sale | −22,013 | $14.02 | $308.62K | 0 |
| Fory Musser Senior VP, Development | Aug 17, 2026 | Option exercise | +22,013 | $0.79 | $17.39K | 22,013 |
| Fory Musser Senior VP, Development | Aug 14, 2026 | Option exercise | +447,534 | $0.79 | $353.55K | 447,534 |
| Fory Musser Senior VP, Development | Aug 14, 2026 | Sale | −447,534 | $14.02 | $6.27M | 0 |
| Sarah Blake SVP, Chief Accounting Officer | Aug 14, 2026 | Sale | −1,000,000 | $14.02 | $14.02M | 0 |
| Sarah Blake SVP, Chief Accounting Officer | Aug 14, 2026 | Option exercise | +1,000,000 | $1.55 | $1.55M | 1,000,000 |
| Keith D. Larson General Counsel and Secretary | Aug 13, 2026 | Sale(10b5-1 plan) | −555,555 | $13.48 | $7.49M | 0 |
| Keith D. Larson General Counsel and Secretary | Aug 13, 2026 | Option exercise | +555,555 | $0.79 | $438.89K | 555,555 |
| Sari Beth Granat Director | Aug 13, 2026 | Sale | −200,000 | $13.49 | $2.70M | 0 |
| Sari Beth Granat Director | Aug 13, 2026 | Option exercise | +200,000 | $2.66 | $532.00K | 200,000 |
| Jimmy D. Staton Director | Aug 13, 2026 | Sale | −66,000 | $13.35 | $881.10K | 1,083,000 |
| Jimmy D. Staton Director | Aug 13, 2026 | Option exercise | +1,100,000 | $0.79 | $869.00K | 1,149,000 |
| Jonathan W. Thayer Chief Financial Officer | Jul 21, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Jul 21, 2026 | Sale(10b5-1 plan) | −111,111 | $14.08 | $1.56M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Jul 20, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Jul 20, 2026 | Sale(10b5-1 plan) | −111,111 | $14.21 | $1.58M | 0 |
| Keith D. Larson General Counsel and Secretary | Jul 16, 2026 | Sale(10b5-1 plan) | −555,555 | $12.91 | $7.17M | 0 |
| Keith D. Larson General Counsel and Secretary | Jul 16, 2026 | Option exercise | +555,555 | $0.79 | $438.89K | 555,555 |
| Keith D. Larson General Counsel and Secretary | Jul 15, 2026 | Sale(10b5-1 plan) | −555,556 | $12.93 | $7.18M | 0 |
| Keith D. Larson General Counsel and Secretary | Jul 15, 2026 | Option exercise | +555,556 | $0.79 | $438.89K | 555,556 |
| Jonathan W. Thayer Chief Financial Officer | Jun 18, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Jun 18, 2026 | Sale(10b5-1 plan) | −111,111 | $10.92 | $1.21M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Jun 17, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Jun 17, 2026 | Sale(10b5-1 plan) | −111,111 | $11.05 | $1.23M | 0 |
| Keith D. Larson General Counsel and Secretary | Jun 16, 2026 | Option exercise | +555,555 | $0.79 | $438.89K | 555,555 |
| Keith D. Larson General Counsel and Secretary | Jun 16, 2026 | Sale(10b5-1 plan) | −555,555 | $11.27 | $6.26M | 0 |
| Keith D. Larson General Counsel and Secretary | Jun 15, 2026 | Sale(10b5-1 plan) | −555,556 | $11.90 | $6.61M | 0 |
| Keith D. Larson General Counsel and Secretary | Jun 15, 2026 | Option exercise | +555,556 | $0.79 | $438.89K | 555,556 |
| Michael Sabel See Remarks, Director, 10% owner | Jun 12, 2026 | Buy | +1,226 | $13.04 | $15.99K | 1,187,111 |
| Fory Musser Senior VP, Development | May 27, 2026 | Option exercise | +233,735 | $0.79 | $184.65K | 233,735 |
| Fory Musser Senior VP, Development | May 27, 2026 | Sale | −233,735 | $12.61 | $2.95M | 0 |
| Thomas Earl Chief Commercial Officer | May 27, 2026 | Option exercise | +1,000,000 | $0.79 | $790.00K | 1,000,000 |
| Thomas Earl Chief Commercial Officer | May 27, 2026 | Sale | −1,000,000 | $12.44 | $12.44M | 0 |
| Fory Musser Senior VP, Development | May 26, 2026 | Sale | −266,265 | $13.09 | $3.49M | 0 |
| Fory Musser Senior VP, Development | May 26, 2026 | Option exercise | +266,265 | $0.79 | $210.35K | 266,265 |
| Brian Cothran Chief Operating Officer | May 21, 2026 | Sale | −31,910 | $14.33 | $457.27K | 0 |
| Brian Cothran Chief Operating Officer | May 21, 2026 | Option exercise | +31,910 | $1.16 | $37.02K | 31,910 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Larson Keith Officer | Oct 14, 2026 | 789,957 | $10.93M | Oct 14, 2026 | Exercise of Stock Options |
| Thayer Jonathan Officer | Sep 17, 2026 | 222,222 | $3.26M | Sep 17, 2026 | Exercise of Stock Options |
| Cothran Brian Officer | Sep 14, 2026 | 152,660 | $2.41M | Sep 14, 2026 | Exercise of Stock Options |
| Larson Keith Officer | Sep 9, 2026 | 1,885,804 | $27.78M | Sep 9, 2026 | Exercise of Stock Options |
| Larson Keith Officer | Sep 8, 2026 | 1,254,154 | $18.08M | Sep 8, 2026 | Exercise of Stock Options |
| L. Musser Fory Iv Officer | Aug 20, 2026 | 259,413 | $3.70M | Aug 20, 2026 | Exercise of Options Under a Registered Plan |
| L. Musser Fory Iv Officer | Aug 19, 2026 | 12,600 | $176.52K | Aug 19, 2026 | Exercise of Options Under a Registered Plan |
| Thayer Jonathan Officer | Aug 18, 2026 | 222,222 | $3.06M | Aug 18, 2026 | Exercise of Stock Options |
| L. Musser Iv & Sandra Haver Musser Fory Officer | Aug 17, 2026 | 22,013 | $308.59K | Aug 17, 2026 | Exercise of Options Under a Registered Plan |
| L. Musser Iv &sandra Haver Musser Fory Officer | Aug 14, 2026 | 447,534 | $6.27M | Aug 14, 2026 | Exercise of Options Under a Registered Plan |
| Staton Jimmy Officer | Aug 13, 2026 | 66,000 | $881.03K | Aug 13, 2026 | Exercise of Options Under a Registered Plan |
| Granat Sari Director | Aug 13, 2026 | 200,000 | $2.70M | Aug 13, 2026 | Exercise of Options Under a Registered Plan |
| Larson Keith Officer | Aug 13, 2026 | 555,555 | $7.62M | Aug 13, 2026 | Exercise of Stock Options |
| Thayer Jonathan Officer | Jul 20, 2026 | 222,222 | $3.07M | Jul 20, 2026 | Exercise of Stock Options |
| Larson Keith Officer | Jul 15, 2026 | 1,111,111 | $14.70M | Jul 15, 2026 | Exercise of Stock Options |