ONEOK Inc

ONEOK Inc (ticker OKE, CUSIP 682680103) is a large-cap energy midstream company owning and operating natural-gas gathering, processing, and transmission assets across Oklahoma, Texas, and the Rocky Mountain region. Its predominantly fee-based revenue model and regulated-rate structures make it a hybrid between pure commodity exposure and utility-like stability, broadly classified under the Utilities sector in 13F reporting. In Q2 2026, nine institutions reported $3.48M in aggregate OKE positions — a concentrated, energy-specialist holder set. The quarter is defined overwhelmingly by CX Institutional's activity: its position was reduced from 64,585 shares to 20,357 shares — a 44,228-share liquidation of 68.4% of its reported OKE base, producing a value decline of approximately $4,068 from that trade. CX's 20,357-share remaining stake ($1.77M) is still the largest individually reported 13F position on OKE, but the direction of travel — a two-thirds reduction in a single quarter — is the most significant signal of the cohort. Opposing CX's reduction, Hilltop National Bank added 400 shares (15,419 → 15,819) rising to $1.38M in value, making it the largest actively-growing OKE position in the cohort. Eastern Bank added 191 shares (+ $2K) and Versant Capital trimmed 537 shares (-$55K). MassMutual reduced 144 shares (-$26K). Miller Global, Sarver Vrooman, Roxbury, and Cedar Mountain held flat, each with moderate $30K–$49K value declines indicating general softness in OKE's stock price.