VGAS · Verde Clean Fuels, Inc. · Holdings

$1.02 +0.01 (+1.23%)

Market Cap

$44.10M

44.55M

Volume · Oct 28 4687 Avg daily vol (3M) 160.69K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of VGAS: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 46

Total Value: $1,316,553

Total Shares: 4,617,034

Institutional Ownership Trend

20 quarters

Holder Concentration

Across 47 13F filers

Top Holder

61.9%

of institutional value

Top 5

80.2%

of institutional value

Top 10

89.8%

of institutional value

HHI

3,978

Highly concentrated

Who Holds VGAS

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 46 filers, like-for-like change -15.7%; actively managed books -13.7%; index-like books -55.2%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	54.5%	22	-2.9%	3	7
Exempt adviser	3.3%	1	0.0%	0	0
Bank	0.5%	6	-83.3%	0	3
Non-US	0.0%	1	-63.8%	0	0
Holding company	1.4%	4	-62.2%	1	0
Broker-dealer	0.0%	0	—	0	0
Benefit plan	0.0%	0	—	0	0
Insurer	0.0%	0	—	0	0
Adviser	0.0%	0	—	0	0
Unknown	40.3%	12	-23.4%	4	7

Style	Share	Filers	Change	New	Exited
Index-like	5.2%	7	-55.2%	1	5
Systematic-like	0.0%	0	—	0	0
Concentrated	23.2%	8	+0.6%	3	3
Diversified active	53.8%	30	-18.7%	4	9
Unknown	17.8%	1	0.0%	0	0
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	26.6%	21	-6.4%	4	9
Medium turnover	28.3%	13	-36.5%	2	2
High turnover	36.6%	9	+0.2%	2	4
Unknown	8.6%	3	-6.7%	0	2
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	10.7%	6	-2.8%	2	4
Medium horizon	48.2%	10	+2.7%	2	4
Long horizon	24.1%	26	-44.3%	4	8
Unknown	17.0%	4	-2.5%	0	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	24.1%	8	+21.7%	4	4
$1B to $10B	59.0%	15	-22.9%	1	5
$10B to $100B	9.0%	5	-2.8%	0	2
$100B or more	7.9%	18	-39.6%	3	6
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	1.4%	11	+1.0%	2	1
Pooled investment vehicles	48.6%	7	0.0%	1	2
Registered funds and BDCs	3.7%	2	-34.1%	0	1
Other investment advisers	0.0%	1	0.0%	0	0
Diversified	0.8%	1	+79.8%	0	1
Insurance companies	0.0%	0	-100.0%	0	1
Governments and sovereign funds	0.0%	0	-100.0%	0	1
Pension and profit sharing plans	0.0%	0	—	0	0
Unknown	45.5%	24	-27.2%	5	10

Private funds	Share	Filers	Change	New	Exited
Hedge funds	31.6%	7	+1.2%	1	2
Private equity funds	17.8%	1	0.0%	0	0
Venture capital funds	0.0%	1	+250.0%	0	0
Real estate funds	0.0%	3	+1326.3%	1	0
Private funds, type not stated	3.3%	1	0.0%	0	0
No private funds	5.1%	10	-27.3%	1	4
Other private funds	0.0%	0	-100.0%	0	1
Unknown	42.2%	23	-28.8%	5	10

Location	Share	Filers	Change	New	Exited
United States	96.6%	42	-16.1%	8	14
Outside the US	3.4%	4	-2.5%	0	3

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 3 holders with no observed 2026-06-30 13F.

Conviction and Crowding

33 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

3.03% of filers hold it in their top 10

Mar 31, 2026: 1

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

—

the issuer has more than one class of common stock, so its count is the total across classes

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

the issuer has more than one class of common stock, so its count is the total across classes

Top 10 holders

95.8%

of 13F shares, Herfindahl 0.456

Active holders

+57.2%

like-for-like share change of active filers

5% stakes on record

1 13D, 2 13G (1 institutional, 0 passive, 1 exempt)

How long holders have held it value-weighted 11.0 quarters

Under 1 year 19.0% 1 to 3 years 7.45% 3 years or more 73.6% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$7.94

estimated per share

Mar 31, 2026: $8.11

Quarter-end price

$1.02

implied by 13F values

Estimated gain or loss

-87.1%

price against the estimated cost

Estimated at a loss

100.0%

of costed 13F value

Estimated cost covers 89.0% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shareholder Targets

13F filers that own its peers but not VGAS, quarter ended Jun 30, 2026

VGAS has no holder-overlap peers, so these filers hold the largest Utilities stocks: NEE, SO, CEG, DUK, AEP, SRE, ETR, D, XEL, VST, EXC, PCG, WEC, ED, PEG, CNP, NRG, ATO, AEE, EIX. 4,788 filers in all.

#	Filer	In peers	Of book	Largest peers
1	STATE STREET CORP Bank, Index-like	$69,712,061,948 20 held	2.07%	NEE, SO, DUK
2	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$52,220,185,816 20 held	2.35%	NEE, CEG, SRE
3	Invesco Ltd. Adviser, Diversified active	$18,426,645,853 20 held	1.46%	CEG, AEP, EXC
4	BANK OF AMERICA CORP /DE/ Bank, Diversified active	$18,395,848,276 20 held	1.19%	NEE, XEL, ETR
5	FRANKLIN RESOURCES INC Adviser, Diversified active	$16,830,001,259 20 held	3.69%	NEE, SO, NRG
6	Capital Research Global Investors Adviser, Diversified active	$16,597,038,374 12 held	2.32%	D, CNP, XEL
7	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$14,423,383,067 20 held	1.45%	SO, AEE, NEE
8	WELLINGTON MANAGEMENT GROUP LLP Holding company, Diversified active	$13,901,514,666 16 held	2.40%	SRE, D, AEP
9	MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Registered adviser, Diversified active	$11,883,131,645 19 held	4.05%	PCG, DUK, D
10	NORGES BANK Non-US, Index-like	$11,828,641,670 14 held	1.18%	NEE, SO, CEG

Fund Ownership of VGAS by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.63% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.23%	+0.01 pp	102,216	12
Index ETFs	0.40%	-0.21 pp	176,297	13
Active ETFs	0.00%	0.00 pp	0	0
Active funds	0.01%	-0.01 pp	3,250	6
Unclassified	0.00%	0.00 pp	0	0
All registered funds	0.63%	-0.21 pp	281,763	31

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 22 Exempt adviser 1 Bank 6 Non-US 1 Holding company 4 Unknown 12

Showing 46 of 46

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Bluescape Energy Partners LLC

$816,000

61.98%

800,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Bluescape Resources GP Holdings LLC joint	800,000	$816,000	100.0%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$124,990

9.49%

122,540

GEODE CAPITAL MANAGEMENT, LLC

$44,700

3.40%

43,825

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	6,527	$6,657	14.9%	Defined
Held directly	37,298	$38,043	85.1%	Defined

AQR CAPITAL MANAGEMENT LLC

$38,002

2.89%

37,259

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Petros Family Wealth, LLC	8	$8	0.0%	Other
RF&L WEALTH MANAGEMENT, LLC	1	$1	0.0%	Other
Prism Planning Partners LLC	10	$10	0.0%	Other
Compound Planning, Inc.	2	$2	0.0%	Other
Arax Advisory Partners	460	$469	1.2%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	495	$504	1.3%	Other
Stokes Family Office, LLC	166	$169	0.4%	Other
Held directly	36,117	$36,839	96.9%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$33,049

2.51%

32,401

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	32,401	$33,049	100.0%	Other

BlackRock, Inc.

$28,952

2.20%

28,387

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	30	$30	0.1%	Sole
BlackRock Investment Management, LLC	1,908	$1,946	6.7%	Sole
BLACKROCK ADVISORS LLC	888	$905	3.1%	Sole
BlackRock Fund Advisors	22,462	$22,911	79.1%	Sole
BlackRock Institutional Trust Company, N.A.	3,099	$3,160	10.9%	Sole

Tower Research Capital LLC (TRC)

$27,903

2.12%

27,357

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Tower Research Capital Investments LLC	25,499	$26,008	93.2%	Other
Latour Trading LLC (Latour)	1,858	$1,895	6.8%	Defined

ARISTEIA CAPITAL, L.L.C. VGASW

$25,260

1.92%

932,090

GOLDMAN SACHS GROUP INC

$23,820

1.81%

23,353

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	23,353	$23,820	100.0%	Defined

Carlson Capital, L.P.

$20,400

1.55%

20,000

JANE STREET GROUP, LLC

$19,896

1.51%

19,507

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	5,761	$5,876	29.5%	Defined
Jane Street Global Trading, LLC	13,746	$14,020	70.5%	Defined

GTS SECURITIES LLC VGASW

$19,097

1.45%

763,881

PNC FINANCIAL SERVICES GROUP, INC.

$17,654

1.34%

17,309

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	17,309	$17,654	100.0%	Other

Walleye Trading LLC VGASW

$11,432

0.87%

394,193

VANGUARD FIDUCIARY TRUST CO

$10,228

0.78%

10,028

MORGAN STANLEY

$7,446

0.57%

7,302

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	383	$390	5.2%	Defined
MORGAN STANLEY & CO. LLC	302	$308	4.1%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	6,372	$6,499	87.3%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	245	$249	3.3%	Defined

Clear Street Group Inc. VGASW

$7,345

0.56%

253,275

Russell Investments Group, Ltd.

$5,803

0.44%

5,690

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	5,690	$5,803	100.0%	Defined

WHITEBOX ADVISORS LLC VGASW

$5,136

0.39%

177,090

FMR LLC

$4,492

0.34%

4,404

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	4,404	$4,492	100.0%	Defined

LMR Partners LLP VGASW

$4,351

0.33%

150,035

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
LMR PARTNERS (DIFC) Ltd	150,035	$4,351	100.0%	Sole

WOLVERINE ASSET MANAGEMENT LLC VGASW

$3,519

0.27%

121,340

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	121,340	$3,519	100.0%	Defined

MILLENNIUM MANAGEMENT LLC VGASW

$3,262

0.25%

112,500

DRW Securities, LLC VGASW

$2,769

0.21%

95,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DRW Europe B.V.	95,500	$2,769	100.0%	Other

ROYAL BANK OF CANADA

$2,244

0.17%

2,201

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	142	$144	6.4%	Defined
RBC Capital Markets, LLC	2,059	$2,100	93.6%	Defined

Saba Capital Management, L.P. VGASW

$2,120

0.16%

73,108

UBS Group AG

$1,910

0.15%

1,873

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	1,873	$1,910	100.0%	Defined

Yakira Capital Management, Inc. VGASW

$1,838

0.14%

63,393

Crestwood Advisors Group, LLC VGASW

$684

0.05%

62,222

Farther Finance Advisors, LLC

$597

0.05%

558

BNP PARIBAS ARBITRAGE, SA

$516

0.04%

506

Arax Advisory Partners

$481

0.04%

472

GAMMA Investing LLC

$160

0.01%

150

BARCLAYS PLC

$143

0.01%

141

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS CAPITAL INC.	141	$143	100.0%	Defined

JPMORGAN CHASE & CO

$76

0.01%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities plc	75	$76	100.0%	Defined

EverSource Wealth Advisors, LLC

$64

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMSS Wesson Wealth Solutions, LLC	10	$10	15.6%	Sole
Held directly	54	$54	84.4%	Sole

Allworth Financial LP

$60

0.00%

Transamerica Financial Advisors, LLC

$39

0.00%

Essential Partners LLC

$37

0.00%

ROTHSCHILD INVESTMENT LLC

$28

0.00%

CITIGROUP INC

$27

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	27	$27	100.0%	Defined

True Wealth Design, LLC

$16

0.00%

IFP Advisors, Inc

0.00%

Fortitude Family Office, LLC

0.00%

Virtu Financial LLC VGASW

—

11,459

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	11,459	$0	—	Defined

SkyView Investment Advisors, LLC VGASW

—

201,336

Key facts CIK 1841425 CUSIP 923372106 13F (30d) 6 filings 6 filers Visit website Investor relations