Venture Global, Inc. (VG) shareholders
VGNYSENatural Gas DistributionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 7/3052% below fair value
$13.14−0.12 (-0.90%)
Close on Nov 13, 2026Market cap $32.85BP/E 6.3Yield 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 · 68 sales
Net sold $423.69M
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 |
|---|---|---|---|---|
| Michael Sabel Joint filing with Robert Pender (81.41%), Venture Global Partners II, LLC (81.36%) | 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 |
| David E. Shaw Joint filing with D. E. Shaw & Co., L.P. (5.40%), D. E. Shaw & Co., L.L.C. (5.00%) | 28,765,945 | 5.40% | 13G (passive) | Sep 8, 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% | $60.24M | +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)
153 funds held VG in Q2 2026, 65% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 |
| Fory Musser | Senior VP, Development | 0 | – | Nov 13, 2026 |
| Jonathan W. Thayer | Chief Financial Officer | 0 | – | Oct 20, 2026 |
| Keith D. Larson | General Counsel and Secretary | 0 | – | Oct 15, 2026 |
| Brian Cothran | Chief Operating Officer | 152,660 | 0.01% | Sep 14, 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 |
|---|---|---|---|---|---|---|
| Fory Musser Senior VP, Development | Nov 12, 2026 | Sale | −500,000 | $13.16 | $6.58M | 0 |
| Fory Musser Senior VP, Development | Nov 12, 2026 | Option exercise | +500,000 | $0.79 | $395.00K | 500,000 |
| Jonathan W. Thayer Chief Financial Officer | Oct 20, 2026 | Sale(10b5-1 plan) | −111,111 | $12.70 | $1.41M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Oct 20, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Jonathan W. Thayer Chief Financial Officer | Oct 19, 2026 | Sale(10b5-1 plan) | −111,111 | $12.68 | $1.41M | 0 |
| Jonathan W. Thayer Chief Financial Officer | Oct 19, 2026 | Option exercise | +111,111 | $1.16 | $128.89K | 111,111 |
| Keith D. Larson General Counsel and Secretary | Oct 15, 2026 | Option exercise | −5,300 | $12.89 | $68.33K | 0 |
| Keith D. Larson General Counsel and Secretary | Oct 15, 2026 | Sale(10b5-1 plan) | −389,679 | $12.43 | $4.84M | 5,300 |
| Keith D. Larson General Counsel and Secretary | Oct 15, 2026 | Option exercise | +394,979 | $0.84 | $331.78K | 394,979 |
| Keith D. Larson General Counsel and Secretary | Oct 14, 2026 | Sale(10b5-1 plan) | −394,978 | $13.37 | $5.28M | 0 |
| Keith D. Larson General Counsel and Secretary | Oct 14, 2026 | Option exercise | +394,978 | $0.84 | $331.78K | 394,978 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
10.72%
49M shares short
Days to cover
2.9
At 17M shares a day
Change since last report
+7.5%
From 45M shares
Short volume, 20 days
38.9%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Venture Global's stock actually held short. Settlement fails (shares not delivered on time) peaked at 142,464 shares on Aug 24, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Jonathan W. Thayer Officer | Oct 19, 2026 | 222,222 | $2.83M | Oct 19, 2026 | Exercise of Stock Options |
| Keith D. Larson Officer | Oct 14, 2026 | 789,957 | $10.93M | Oct 14, 2026 | Exercise of Stock Options |
| Jonathan W. Thayer Officer | Sep 17, 2026 | 222,222 | $3.26M | Sep 17, 2026 | Exercise of Stock Options |
| Brian Cothran Officer | Sep 14, 2026 | 152,660 | $2.41M | Sep 14, 2026 | Exercise of Stock Options |
| Keith D. Larson Officer | Sep 9, 2026 | 1,885,804 | $27.78M | Sep 9, 2026 | Exercise of Stock Options |
| Keith D. Larson Officer | Sep 8, 2026 | 1,254,154 | $18.08M | Sep 8, 2026 | Exercise of Stock Options |
| Fory Musser Officer | Aug 20, 2026 | 259,413 | $3.70M | Aug 20, 2026 | Exercise of Options Under a Registered Plan |
| Fory Musser Officer | Aug 19, 2026 | 12,600 | $176.52K | Aug 19, 2026 | Exercise of Options Under a Registered Plan |
| Jonathan W. Thayer Officer | Aug 18, 2026 | 222,222 | $3.06M | Aug 18, 2026 | Exercise of Stock Options |
| Fory L Musser Iv & Sandra Haver Musser Officer | Aug 17, 2026 | 22,013 | $308.59K | Aug 17, 2026 | Exercise of Options Under a Registered Plan |
| Fory L Musser Iv &sandra Haver Musser Officer | Aug 14, 2026 | 447,534 | $6.27M | Aug 14, 2026 | Exercise of Options Under a Registered Plan |
| Jimmy D. Staton Officer | Aug 13, 2026 | 66,000 | $881.03K | Aug 13, 2026 | Exercise of Options Under a Registered Plan |
| Sari Beth Granat Director | Aug 13, 2026 | 200,000 | $2.70M | Aug 13, 2026 | Exercise of Options Under a Registered Plan |
| Keith D. Larson Officer | Aug 13, 2026 | 555,555 | $7.62M | Aug 13, 2026 | Exercise of Stock Options |
| Jonathan W. Thayer Officer | Jul 20, 2026 | 222,222 | $3.07M | Jul 20, 2026 | Exercise of Stock Options |
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