KINDER MORGAN INC DEL

Kinder Morgan's institutional ownership as of Q2 2026 is narrow but meaningful: nine institutions reported $133.9M in combined value, with Confluence Investment Management dominating at $107.7M and 80% of the reported base. During the quarter, Confluence trimmed its position by 120,189 shares — approximately 3.5% of its holding — and recognized a $9.3M reduction in reported value, a combination of both selling and stock-price movement. The only offsetting buyer was Eastern Bank, which added 43,258 shares, and Versant Capital Management, which added 3,321 shares. MassMutual and Hilltop held or reduced slightly; CX Institutional shed another 3,130 shares. No institution initiated a new Kinder Morgan position during the quarter. The net institutional flow is modestly negative, driven almost entirely by the large holder's reduction.