UNION PACIFIC CORP (UNP) — Institutional Holders, Q2 2026

2,907 institutional investment managers reported a UNP position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $143.7B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← UNP stock profile

UNP in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

205

Added to

1,217

Trimmed

992

Sold out

Biggest buyers

VIKING GLOBAL INVESTORSNew · +2,047,332 sh+$556.9M
Slate Path CapitalAdded · +1,569,800 sh+$427.0M
STATE STREETAdded · +1,302,732 sh+$354.3M
UBS Group AGAdded · +893,740 sh+$243.1M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, FrankfurtAdded · +782,608 sh+$212.9M

Biggest sellers

CANADA PENSION PLAN INVESTMENT BOARDTrimmed · -2,059,806 sh-$560.3M
JPMORGAN CHASETrimmed · -1,968,045 sh-$535.3M
ATLAS Infrastructure Partners (UK) Ltd.Sold out · -1,015,731 sh-$276.3M
Invesco Ltd.Trimmed · -892,425 sh-$242.7M
EdgePoint Investment GroupTrimmed · -875,775 sh-$238.2M

UNP 13F holders ranked 1–100 of 2,907

Institutional investors reporting a position in UNION PACIFIC CORP on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 47,894,147 sh	47,894,147	$13.0B	0.19%	+0.2%
2	VANGUARD CAPITAL MANAGEMENT#2 · 38,772,919 sh	38,772,919	$10.5B	0.23%	+0.6%
3	STATE STREET#3 · 27,890,598 sh	27,890,598	$7.6B	0.22%	+4.9%
4	Capital World Investors#4 · 27,141,622 sh	27,141,622	$7.4B	0.87%	+0.3%
5	Capital Research Global Investors#5 · 17,112,417 sh	17,112,417	$4.7B	0.65%	+1.2%
6	GEODE CAPITAL MANAGEMENT#6 · 16,122,702 sh	16,122,702	$4.4B	0.23%	+1.6%
7	JPMORGAN CHASE#7 · 15,674,651 sh	15,674,651	$4.3B	0.24%	-11.2%
8	MORGAN STANLEY#8 · 14,579,220 sh	14,579,220	$4.0B	0.21%	-2.1%
9	BANK OF AMERICA#9 · 14,527,563 sh	14,527,563	$4.0B	0.25%	+0.4%
10	VANGUARD PORTFOLIO MANAGEMENT#10 · 14,282,006 sh	14,282,006	$3.9B	0.18%	-1.1%
11	NORGES BANK#11 · 7,553,360 sh	7,553,360	$2.1B	0.20%	—
12	UBS Group AG#12 · 6,641,035 sh	6,641,035	$1.8B	0.23%	+15.6%
13	Fisher Asset Management#13 · 6,578,759 sh	6,578,759	$1.8B	0.53%	+1.1%
14	NORTHERN#14 · 6,531,872 sh	6,531,872	$1.8B	0.21%	-2.2%
15	Invesco Ltd.#15 · 6,384,935 sh	6,384,935	$1.7B	0.14%	-12.3%
16	MASSACHUSETTS FINANCIAL SERVICES#16 · 6,272,629 sh	6,272,629	$1.7B	0.55%	-10.8%
17	FRANKLIN RESOURCES#17 · 5,900,349 sh	5,900,349	$1.6B	0.35%	-2.6%
18	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt#18 · 5,738,003 sh	5,738,003	$1.6B	1.20%	+15.8%
19	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#19 · 5,064,015 sh	5,064,015	$1.4B	0.25%	-2.3%
20	AMERIPRISE FINANCIAL#20 · 4,633,815 sh	4,633,815	$1.3B	0.25%	-10.4%
21	RAYMOND JAMES FINANCIAL#21 · 4,567,784 sh	4,567,784	$1.2B	0.34%	+3.9%
22	ROYAL BANK OF CANADA#22 · 4,462,776 sh	4,462,776	$1.2B	0.18%	-3.3%
23	Legal & General Group Plc#23 · 4,386,525 sh	4,386,525	$1.2B	0.25%	+2.0%
24	Nuveen#24 · 4,329,943 sh	4,329,943	$1.2B	0.28%	-6.2%
25	CANADA PENSION PLAN INVESTMENT BOARD#25 · 4,024,549 sh	4,024,549	$1.1B	0.61%	-33.9%
26	CHARLES SCHWAB INVESTMENT MANAGEMENT#26 · 3,924,504 sh	3,924,504	$1.1B	0.14%	+1.0%
27	DEUTSCHE BANK AG\#27 · 3,921,166 sh	3,921,166	$1.1B	0.31%	-3.3%
28	HARRIS ASSOCIATES L P#28 · 3,844,522 sh	3,844,522	$1.0B	1.39%	+1.6%
29	Bank of New York Mellon#29 · 3,815,288 sh	3,815,288	$1.0B	0.17%	+5.7%
30	GOLDMAN SACHS GROUP#30 · 3,773,366 sh	3,773,366	$1.0B	0.09%	+8.1%
31	DIMENSIONAL FUND ADVISORS#31 · 3,738,413 sh	3,738,413	$1.0B	0.18%	+1.3%
32	WELLS FARGO & COMPANY#32 · 3,723,463 sh	3,723,463	$1.0B	0.16%	+8.8%
33	VANGUARD FIDUCIARY#33 · 3,338,662 sh	3,338,662	$908.1M	0.20%	-0.3%
34	Capital International Investors#34 · 3,181,018 sh	3,181,018	$865.3M	0.18%	-2.0%
35	Amundi#35 · 3,019,845 sh	3,019,845	$821.4M	0.20%	+34.8%
36	STATE FARM MUTUAL AUTOMOBILE INSURANCE#36 · 3,018,016 sh	3,018,016	$820.9M	0.56%	0.0%
37	Clearbridge Investments#37 · 3,004,295 sh	3,004,295	$817.2M	0.68%	-2.3%
38	PRICE T ROWE ASSOCIATES#38 · 2,958,826 sh	2,958,826	$804.8M	0.08%	-3.6%
39	ENVESTNET ASSET MANAGEMENT#39 · 2,583,702 sh	2,583,702	$702.8M	0.17%	+34.5%
40	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#40 · 2,357,775 sh	2,357,775	$641.3M	0.28%	-3.5%
41	Slate Path Capital#41 · 2,302,604 sh	2,302,604	$626.3M	8.67%	+214.2%
42	FMR#42 · 2,225,248 sh	2,225,248	$605.3M	0.03%	+15.5%
43	Baird Financial Group#43 · 2,138,390 sh	2,138,390	$581.6M	0.80%	+3.0%
44	STIFEL FINANCIAL#44 · 2,108,345 sh	2,108,345	$573.5M	0.48%	-2.6%
45	Neuberger Berman Group#45 · 2,066,771 sh	2,066,771	$562.2M	0.37%	+15.3%
46	VIKING GLOBAL INVESTORS#46 · 2,047,332 sh	2,047,332	$556.9M	1.59%	New
47	MIRAE ASSET GLOBAL ETFS Ltd.#47 · 1,810,854 sh	1,810,854	$492.6M	0.59%	+8.0%
48	Jupiter Topco#48 · 1,762,230 sh	1,762,230	$479.3M	0.20%	—
49	Swiss National Bank#49 · 1,674,600 sh	1,674,600	$455.5M	0.24%	-3.8%
50	AMERICAN CENTURY COMPANIES#50 · 1,543,444 sh	1,543,444	$419.8M	0.19%	+31.1%
51	ALLIANCEBERNSTEIN L.P.#51 · 1,723,631 sh	1,723,631	$418.2M	0.14%	-11.2%
52	VOYA INVESTMENT MANAGEMENT#52 · 1,513,438 sh	1,513,438	$411.7M	0.36%	-1.9%
53	LPL Financial#53 · 1,468,840 sh	1,468,840	$399.5M	0.09%	+6.2%
54	Mitsubishi UFJ Asset Management , Ltd.#54 · 1,453,536 sh	1,453,536	$395.4M	0.22%	+8.2%
55	BARCLAYS PLC#55 · 1,449,658 sh	1,449,658	$394.3M	0.08%	+40.2%
56	COHEN & STEERS#56 · 1,414,296 sh	1,414,296	$384.7M	0.61%	+5.3%
57	National Pension Service#57 · 1,386,156 sh	1,386,156	$377.0M	0.24%	+2.8%
58	Sumitomo Mitsui#58 · 1,309,851 sh	1,309,851	$356.3M	0.20%	-0.3%
59	EdgePoint Investment Group#59 · 1,292,811 sh	1,292,811	$351.6M	2.66%	-40.4%
60	CIBC Bancorp USA#60 · 1,279,883 sh	1,279,883	$348.5M	0.42%	-29.7%
61	Vanguard Global Advisers#61 · 1,278,353 sh	1,278,353	$347.7M	0.16%	-1.3%
62	Mitsubishi UFJ & Banking#62 · 1,275,019 sh	1,275,019	$346.8M	0.76%	+3.1%
63	VANGUARD ASSET MANAGEMENT, Ltd#63 · 1,261,097 sh	1,261,097	$343.0M	0.23%	+12.0%
64	TWO SIGMA INVESTMENTS#64 · 1,254,083 sh	1,254,083	$341.1M	0.25%	+14.3%
65	TRUIST FINANCIAL#65 · 1,241,570 sh	1,241,570	$337.7M	0.40%	+14.2%
66	FIRST ADVISORS#66 · 1,229,428 sh	1,229,428	$334.4M	0.20%	+109.2%
67	MACKENZIE FINANCIAL#67 · 1,228,953 sh	1,228,953	$334.3M	0.33%	-8.7%
68	abrdn plc#68 · 1,192,011 sh	1,192,011	$324.2M	0.46%	+26.7%
69	PNC FINANCIAL SERVICES GROUP#69 · 1,187,862 sh	1,187,862	$323.1M	0.16%	-1.6%
70	BAUPOST GROUP#70 · 1,185,395 sh	1,185,395	$322.4M	5.95%	-23.1%
71	HSBC PLC#71 · 1,120,130 sh	1,120,130	$304.7M	0.13%	-0.6%
72	RHUMBLINE ADVISERS#72 · 1,090,804 sh	1,090,804	$296.7M	0.22%	-1.6%
73	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#73 · 1,064,642 sh	1,064,642	$289.6M	0.16%	-20.8%
74	Beutel, Goodman & Ltd.#74 · 1,052,679 sh	1,052,679	$286.3M	2.11%	-1.3%
75	BANK OF MONTREAL#75 · 1,048,022 sh	1,048,022	$285.1M	0.09%	+12.3%
76	Cercano Management#76 · 1,028,382 sh	1,028,382	$279.7M	26.96%	-2.1%
77	CITIGROUP#77 · 1,023,429 sh	1,023,429	$278.4M	0.09%	+35.7%
78	Connor, Clark & Lunn Investment Management Ltd.#78 · 965,121 sh	965,121	$262.5M	0.50%	+3.8%
79	Point72 Asset Management, L.P.#79 · 931,024 sh	931,024	$253.2M	0.28%	+237.2%
80	BNP PARIBAS FINANCIAL MARKETS#80 · 919,900 sh	919,900	$250.2M	0.09%	+7.9%
81	PUBLIC SECTOR PENSION INVESTMENT BOARD#81 · 887,678 sh	887,678	$241.4M	0.62%	+0.1%
82	MENORA MIVTACHIM LTD.#82 · 878,350 sh	878,350	$238.9M	0.93%	+24.0%
83	VICTORY CAPITAL MANAGEMENT#83 · 846,559 sh	846,559	$230.3M	0.13%	+57.9%
84	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS#84 · 842,636 sh	842,636	$229.2M	1.11%	-9.6%
85	JENNISON ASSOCIATES#85 · 808,441 sh	808,441	$219.9M	0.13%	+16.6%
86	KING LUTHER CAPITAL MANAGEMENT#86 · 799,883 sh	799,883	$217.6M	0.89%	-0.7%
87	FIFTH THIRD BANCORP#87 · 794,081 sh	794,081	$216.0M	0.35%	0.0%
88	PRIMECAP MANAGEMENT#88 · 775,740 sh	775,740	$211.0M	0.12%	-5.8%
89	FAYEZ SAROFIM#89 · 772,772 sh	772,772	$210.2M	0.49%	+5.2%
90	Palestra Capital Management#90 · 762,465 sh	762,465	$207.4M	7.03%	+5.3%
91	PRINCIPAL FINANCIAL GROUP#91 · 743,819 sh	743,819	$202.3M	0.10%	+4.1%
92	FIL Ltd#92 · 742,074 sh	742,074	$201.8M	0.14%	+5.8%
93	DAVENPORT#93 · 738,361 sh	738,361	$201.0M	—	-1.9%
94	US BANCORP \DE\#94 · 733,892 sh	733,892	$199.6M	0.22%	-0.5%
95	HighTower Advisors#95 · 708,990 sh	708,990	$192.8M	0.19%	-1.0%
96	NATIXIS ADVISORS#96 · 701,207 sh	701,207	$190.7M	0.21%	+13.9%
97	Eurizon Capital SGR S.p.A.#97 · 685,660 sh	685,660	$186.7M	0.50%	+409.2%
98	1832 Asset Management L.P.#98 · 676,183 sh	676,183	$183.9M	0.09%	+59.7%
99	DIAMOND HILL CAPITAL MANAGEMENT#99 · 673,859 sh	673,859	$183.3M	1.47%	-34.8%
100	SCHRODER INVESTMENT MANAGEMENT GROUP#100 · 671,411 sh	671,411	$182.6M	0.13%	+117.8%

Funds that sold out of UNP in Q2 2026 (97)

Held UNP at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held UNP in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
ATLAS Infrastructure Partners (UK) Ltd.1,015,731 sh	1,015,731	$246.4M
HARVARD MANAGEMENT634,376 sh	634,376	$153.9M
Verition Fund Management85,071 sh	85,071	$20.6M
Epoch Investment Partners66,008 sh	66,008	$16.0M
SIMPLEX TRADING54,003 sh	54,003	$13.1M
Y-Intercept (Hong Kong) Ltd47,839 sh	47,839	$11.6M
DUPONT CAPITAL MANAGEMENT46,285 sh	46,285	$11.2M
TUDOR INVESTMENT ET AL35,686 sh	35,686	$8.7M
Stenham Asset Management Ltd31,338 sh	31,338	$7.6M
Running Oak Capital27,519 sh	27,519	$6.7M
IMC-Chicago25,623 sh	25,623	$6.2M
CAPSTONE INVESTMENT ADVISORS20,314 sh	20,314	$4.9M
Blue Sparrow19,110 sh	19,110	$4.6M
Pacific Capital Partners Ltd18,883 sh	18,883	$4.6M
FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.18,880 sh	18,880	$4.6M
Tribune Investment Group17,390 sh	17,390	$4.2M
Global X Japan , Ltd.16,968 sh	16,968	$4.1M
Longaeva Partners L.P.14,771 sh	14,771	$3.6M
EVOKE WEALTH11,090 sh	11,090	$2.7M
Slagle Financial7,876 sh	7,876	$1.9M
Coronation Fund Managers Ltd.7,801 sh	7,801	$1.9M
Alphadyne Asset Management7,499 sh	7,499	$1.8M
Econ Financial Services7,343 sh	7,343	$1.8M
PEAK67,168 sh	7,168	$1.7M
Garton & Associates Financial Advisors6,390 sh	6,390	$1.6M
HUTCHINSON CAPITAL MANAGEMENT4,674 sh	4,674	$1.1M
DRW Securities4,501 sh	4,501	$1.1M
Lineweaver Wealth Advisors4,369 sh	4,369	$1.1M
Hikari Power Ltd4,080 sh	4,080	$990.0K
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.3,772 sh	3,772	$915.2K
Gallacher Capital Management3,708 sh	3,708	$899.7K
HighVista Strategies3,658 sh	3,658	$887.5K
Colter Lewis Investment Partners3,063 sh	3,063	$743.1K
EVOLVE PRIVATE WEALTH3,039 sh	3,039	$737.4K
Nikko Asset Management Americas2,837 sh	2,837	$688.4K
SkyView Investment Advisors2,781 sh	2,781	$675.0K
Oasis Advisors2,730 sh	2,730	$664.1K
WBI INVESTMENTS2,610 sh	2,610	$633.2K
Atlas Wealth2,153 sh	2,153	$611.0K
Empire Financial Management Company2,392 sh	2,392	$580.4K
Armbruster Capital Management2,341 sh	2,341	$568.0K
Matisse Capital2,296 sh	2,296	$557.1K
SANDERS MORRIS HARRIS2,000 sh	2,000	$485.2K
DIVERSIFIED MANAGEMENT1,920 sh	1,920	$465.8K
CenterStar Asset Management1,920 sh	1,920	$465.7K
Blueshift Asset Management1,720 sh	1,720	$417.3K
Breachway Investments1,666 sh	1,666	$405.0K
Krane Funds Advisors1,531 sh	1,531	$376.0K
Mach-1 Financial Group1,420 sh	1,420	$344.5K
Aster Capital Management (DIFC) Ltd1,286 sh	1,286	$303.8K
Congress Park Capital1,250 sh	1,250	$303.3K
Polymer Capital Management (US)1,237 sh	1,237	$300.1K
Alvarez & Marsal Private Wealth Partners1,216 sh	1,216	$295.0K
Accent Capital Management1,069 sh	1,069	$286.8K
Avantra Family Wealth1,157 sh	1,157	$280.7K
Quantbot Technologies1,145 sh	1,145	$277.8K
Hibernia Wealth Partners1,141 sh	1,141	$276.9K
Topsail Wealth Management1,134 sh	1,134	$275.1K
Elwood & Goetz Wealth Advisory Group1,019 sh	1,019	$247.2K
DV Trading1,000 sh	1,000	$242.6K
ASAHI LIFE ASSET MANAGEMENT , LTD.992 sh	992	$240.7K
PATTON FUND MANAGEMENT978 sh	978	$237.3K
Heathbridge Capital Management Ltd.975 sh	975	$236.6K
GKV Capital Management1,000 sh	1,000	$236.2K
Leibman Financial Services960 sh	960	$233.0K
Marshall Financial Group940 sh	940	$228.0K
PRELUDE CAPITAL MANAGEMENT939 sh	939	$227.8K
Semus Wealth Partners911 sh	911	$220.9K
Manhattan West Asset Management876 sh	876	$212.5K
Athena Investment Management873 sh	873	$211.8K
BREAKTHRU ADVISORY SERVICES845 sh	845	$205.0K
Summit Wealth Group825 sh	825	$200.2K
Harbour & Investment Management825 sh	825	$200.2K
Sound Income Strategies634 sh	634	$154.2K
Legend Capital Advisors620 sh	620	$150.4K
Catalyst Capital Advisors475 sh	475	$115.2K
Intentional Wealth Strategies471 sh	471	$114.3K
Mondrian Investment Partners LTD455 sh	455	$110.4K
Limestone Investment Advisors420 sh	420	$101.9K
TWIN PEAKS WEALTH ADVISORS410 sh	410	$99.5K
WFA of San Diego250 sh	250	$60.7K
Migdal Insurance & Financial Ltd.241 sh	241	$58.5K
Timothy G. Youngquist 2020 Irrevocable209 sh	209	$50.7K
SUMITOMO MITSUI FINANCIAL GROUP200 sh	200	$48.5K
TopTier Wealth Management152 sh	152	$36.9K
One River Asset Management133 sh	133	$32.3K
Merkkuri Wealth Advisors118 sh	118	$28.7K
Scarborough Advisors113 sh	113	$27.4K
Networth Advisors39 sh	39	$9.5K
Barnes Dennig Private Wealth Management34 sh	34	$8.2K
IFS Advisors21 sh	21	$5.1K
Merrithew & Thorsten13 sh	13	$3.0K
DB Fitzpatrick12 sh	12	$2.9K
VANGUARD ADVISERS11 sh	11	$2.7K
Portus Wealth Advisors8 sh	8	$1.9K
ISLAY CAPITAL MANAGEMENT2 sh	2	$485.00
Harvest Fund Management , Ltd1 sh	1	$0.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.