Union PacificUNP
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 2,747 institutions reported holding Union Pacific Corp. (UNP) in their 13F filings, up 91 from Q3 2025. 128 opened new positions and 132 sold out. The largest holders were Vanguard Group Inc. ($13.7B), BlackRock, Inc. ($11.4B) and State Street Corp. ($6.1B). 16 famous investors held it, including Seth Klarman (7.1% of Baupost Group's portfolio), Dan Loeb (5.8% of Third Point's portfolio) and Lee Ainslie (3.3% of Maverick Capital's portfolio).
- Company
- Union Pacific Corp.
- Sector
- Industrials
- CUSIP
- 907818108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 128 | $720.2M |
| Exits | 132 | $551.1M |
All 13F filers, Q3 2025 → Q4 2025: 39,431,665 shares bought and 29,675,223 shares sold, net +9,756,442 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 2,747 holders
| Vanguard Group Inc. | 0.20% | Add +1.1% | 59,329,262 | $13.7B |
| BlackRock, Inc. | 0.19% | Add +1.2% | 49,196,593 | $11.4B |
| State Street Corp. | 0.20% | Add +4.3% | 26,330,080 | $6.1B |
| Capital World Investors | 0.64% | Add +92.1% | 20,136,349 | $4.7B |
| Geode Capital Management, LLC | 0.22% | Add +2.0% | 15,360,668 | $3.6B |
| Morgan Stanley | 0.17% | Add +5.0% | 12,636,050 | $2.9B |
| Bank of America Corp. | 0.21% | Add +3.3% | 12,378,263 | $2.9B |
| JPMorgan Chase & Co. | 0.18% | Add +5.5% | 11,457,864 | $2.7B |
| Capital Research Global Investors | 0.47% | Add +26.0% | 10,980,904 | $2.5B |
| Norges Bank | 0.19% | — | 7,694,566 | $1.8B |
| Massachusetts Financial Services Co. | 0.57% | Reduce -5.0% | 7,605,933 | $1.8B |
| Franklin Resources Inc. | 0.41% | Add +0.5% | 7,198,449 | $1.7B |
| Invesco Ltd. | 0.15% | Add +5.1% | 6,885,560 | $1.6B |
| Northern Trust Corp. | 0.20% | Reduce -1.5% | 6,777,818 | $1.6B |
| Fisher Asset Management | 0.51% | Add +0.0% | 6,430,808 | $1.5B |
| Canada Pension Plan Investment Board | 0.94% | Add +44.4% | 6,064,158 | $1.4B |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 1.15% | Add +42.1% | 5,603,359 | $1.3B |
| Ameriprise Financial Inc. | 0.27% | Reduce -5.7% | 5,145,865 | $1.2B |
| UBS Group AG | 0.23% | Add +6.0% | 4,952,716 | $1.1B |
| Nuveen, LLC | 0.28% | Add +8.3% | 4,639,602 | $1.1B |
| Royal Bank of Canada | 0.19% | Add +6.8% | 4,577,015 | $1.1B |
| Legal & General Group Plc | 0.23% | Reduce -2.8% | 4,458,170 | $1.0B |
| Capital International Investors | 0.15% | Add +14.2% | 4,166,042 | $963.8M |
| Raymond James Financial Inc. | 0.30% | Reduce -0.9% | 4,143,845 | $958.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.19% | Reduce -57.4% | 3,906,144 | $903.6M |
| Deutsche Bank AG | 0.29% | Add +4.8% | 3,844,047 | $889.2M |
| Charles Schwab Investment Management Inc. | 0.14% | Add +1.4% | 3,769,057 | $871.9M |
| Bank of New York Mellon Corp | 0.15% | Reduce -15.8% | 3,740,377 | $865.2M |
| Goldman Sachs Group Inc. | 0.12% | Reduce -1.2% | 3,721,663 | $860.9M |
| Dimensional Fund Advisors LP | 0.18% | Reduce -0.3% | 3,684,132 | $852.3M |
| Harris Associates (Oakmark Funds) | 1.07% | Add +149.5% | 3,656,510 | $845.8M |
| Clearbridge Investments, LLC | 0.64% | Add +1.9% | 3,472,757 | $803.3M |
| T. Rowe Price Associates Inc. | 0.08% | Reduce -11.0% | 3,301,151 | $763.6M |
| Wells Fargo & Company | 0.15% | Add +3.4% | 3,257,407 | $753.5M |
| Arrowstreet Capital, Limited Partnership | 0.44% | Reduce -3.5% | 3,236,736 | $748.7M |
| State Farm Mutual Automobile Insurance Co. | 0.55% | No change | 3,018,016 | $698.1M |
| EdgePoint Investment Group Inc. | 5.03% | Add +53.1% | 2,645,906 | $612.1M |
| Stifel Financial Corp. | 0.46% | Reduce -2.4% | 2,205,993 | $510.3M |
| FMR LLC | 0.02% | Reduce -20.9% | 2,039,803 | $471.8M |
| Baird Financial Group, Inc. | 0.72% | Add +2.9% | 1,993,741 | $461.2M |
| Neuberger Berman Group LLC | 0.33% | Add +0.4% | 1,907,720 | $441.3M |
| Amundi | 0.13% | Reduce -51.1% | 1,887,703 | $436.7M |
| Alliancebernstein L.P. | 0.14% | Reduce -20.5% | 1,863,010 | $431.0M |
| Third Point | 5.78% | Add +106.9% | 1,810,000 | $418.7M |
| CIBC Private Wealth Group LLC | 0.69% | Reduce -1.4% | 1,769,776 | $409.4M |
| Envestnet Asset Management Inc. | 0.12% | Add +1.8% | 1,736,439 | $401.7M |
| Janus Henderson Group PLC | 0.17% | Add +19.6% | 1,658,731 | $383.7M |
| Baupost Group | 7.13% | Add +8.8% | 1,627,254 | $376.4M |
| Swiss National Bank | 0.22% | Reduce -5.6% | 1,625,400 | $376.0M |
| Voya Investment Management LLC | 0.41% | Add +0.4% | 1,555,615 | $359.8M |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 1.83% | Reduce -10.2% | 1,544,680 | $357.3M |
| Two Sigma Advisers, LP | 0.65% | Reduce -8.6% | 1,446,501 | $334.6M |
| Sumitomo Mitsui Trust Group, Inc. | 0.19% | Reduce -4.6% | 1,381,499 | $319.6M |
| LPL Financial LLC | 0.09% | Add +3.8% | 1,371,839 | $317.3M |
| California Public Employees Retirement System | 0.18% | Add +0.1% | 1,355,841 | $313.6M |
| National Pension Service | 0.23% | Add +1.2% | 1,316,496 | $304.5M |
| Maverick Capital | 3.26% | Add +17.7% | 1,313,207 | $303.8M |
| Cohen & Steers, Inc. | 0.55% | Add +2.8% | 1,307,959 | $302.6M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.20% | Add +5.0% | 1,249,972 | $289.9M |
| PNC Financial Services Group, Inc. | 0.16% | Reduce -2.5% | 1,243,776 | $287.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.43% | Add +1.6% | 1,238,661 | $286.5M |
| HSBC Holdings PLC | 0.16% | Reduce -2.3% | 1,236,233 | $286.1M |
| Mitsubishi UFJ Trust & Banking Corp | 0.68% | Add +61.0% | 1,232,868 | $285.2M |
| Mackenzie Financial Corp. | 0.32% | Reduce -6.3% | 1,171,221 | $272.4M |
| Cercano Management LLC | 9.86% | Add +2.2% | 1,126,608 | $260.6M |
| Rhumbline Advisers | 0.21% | Reduce -1.6% | 1,107,212 | $256.1M |
| Pinebridge Investments LLC | 1.85% | — | 1,086,182 | $251.3M |
| American Century Companies Inc. | 0.13% | Add +7.8% | 1,085,037 | $251.0M |
| Bank of Montreal | 0.10% | Reduce -0.5% | 1,050,676 | $243.0M |
| Soroban Capital Partners LP | 1.77% | No change | 1,022,833 | $241.8M |
| Manufacturers Life Insurance Company, The | 0.20% | Reduce -6.2% | 1,042,927 | $241.3M |
| Truist Financial Corp. | 0.31% | Add +3.0% | 1,016,071 | $235.0M |
| Barclays PLC | 0.09% | Reduce -7.0% | 986,618 | $228.2M |
| First Trust Advisors LP | 0.17% | Reduce -3.0% | 980,830 | $226.9M |
| BNP Paribas Financial Markets | 0.14% | Add +18.3% | 959,078 | $221.9M |
| Primecap Management Co. | 0.17% | Reduce -8.8% | 955,740 | $221.1M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 1.12% | Reduce -0.5% | 951,760 | $220.2M |
| TOMS Capital Investment Management LP | 15.34% | Add +4.9% | 951,500 | $220.1M |
| Two Sigma Investments, LP | 0.33% | Reduce -11.4% | 912,198 | $211.0M |
| ATLAS Infrastructure Partners (UK) Ltd. | 10.55% | Add +76.5% | 910,022 | $210.5M |
| Citadel Advisors | 0.14% | Reduce -21.3% | 903,194 | $208.9M |
| Public Sector Pension Investment Board | 0.68% | Add +3.1% | 868,428 | $200.9M |
| California State Teachers Retirement System | 0.20% | Reduce -4.5% | 867,811 | $200.7M |
| Jennison Associates LLC | 0.12% | Reduce -0.7% | 846,453 | $195.8M |
| CBRE Investment Management Listed Real Assets LLC | 2.87% | Add +14.4% | 842,775 | $195.0M |
| King Luther Capital Management Corp. | 0.79% | Add +0.8% | 837,348 | $193.7M |
| Aberdeen Group plc | 0.28% | Add +0.3% | 784,576 | $181.5M |
| Fayez Sarofim & Co | 0.43% | Reduce -45.4% | 770,899 | $178.3M |
| US Bancorp \de | 0.21% | Reduce -2.6% | 758,943 | $175.6M |
| Slate Path Capital LP | 2.34% | Reduce -54.0% | 750,204 | $173.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.45% | Add +385.2% | 734,360 | $169.9M |
| FIL Ltd | 0.13% | Reduce -3.1% | 723,391 | $167.3M |
| First Manhattan Co. Llc. | 0.44% | Add +1.0% | 718,856 | $166.3M |
| Perpetual Ltd | 2.40% | Add +40.3% | 718,637 | $166.2M |
| OMERS ADMINISTRATION Corp | 1.17% | Reduce -12.4% | 710,479 | $164.3M |
| Principal Financial Group Inc. | 0.08% | Reduce -0.8% | 708,669 | $163.9M |
| Menora Mivtachim Holdings LTD. | 0.77% | Add +45.4% | 708,200 | $163.8M |
| AQR Capital Management | 0.09% | Add +8.2% | 707,038 | $163.6M |
| Pictet Asset Management Holding SA | 0.16% | Reduce -0.9% | 700,121 | $162.0M |
| Bridges Investment Management Inc. | 2.05% | Add +4.4% | 697,106 | $161.3M |
"% of holder's portfolio" is UNP's weight in each manager's 13F, not the share of Union Pacific Corp. the manager owns.