| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | 10% | $13,723,514,238 | 59,326,968 | The Vanguard Group | 31 Dec 2025 |
As of 30 Sep 2025, 2,615 institutional investors reported holding 495,299,879 shares of UNION PACIFIC CORP - Common Stock (UNP). This represents 83% of the company’s total 593,269,680 outstanding shares.
The largest institutional shareholders of UNION PACIFIC CORP - Common Stock (UNP) together control 49% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 9.9% | 58,669,884 | -0.29% | 0.21% | $13,867,800,481 |
| BlackRock, Inc. | 8.2% | 48,602,527 | +7.7% | 0.2% | $11,488,179,297 |
| STATE STREET CORP | 4.3% | 25,247,795 | +0.05% | 0.21% | $5,967,821,304 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 15,063,854 | +0.49% | 0.23% | $3,557,413,639 |
| MORGAN STANLEY | 2% | 12,033,403 | +23% | 0.17% | $2,844,336,300 |
| BANK OF AMERICA CORP /DE/ | 2% | 11,987,654 | +1.4% | 0.21% | $2,833,521,854 |
| JPMORGAN CHASE & CO | 1.8% | 10,861,105 | +29% | 0.16% | $2,567,240,920 |
| Capital World Investors | 1.8% | 10,481,043 | +193% | 0.34% | $2,477,404,134 |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 1.5% | 9,177,002 | +73% | 0.47% | $2,169,167,964 |
| Capital Research Global Investors | 1.5% | 8,713,196 | +95% | 0.39% | $2,059,537,890 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.3% | 8,006,454 | -1.4% | 0.59% | $1,892,485,532 |
| FRANKLIN RESOURCES INC | 1.2% | 7,164,334 | +19% | 0.42% | $1,693,433,599 |
| NORTHERN TRUST CORP | 1.2% | 6,881,628 | +3.2% | 0.21% | $1,626,610,411 |
| Invesco Ltd. | 1.1% | 6,551,125 | +21% | 0.24% | $1,548,489,353 |
| Fisher Asset Management, LLC | 1.1% | 6,428,229 | +0.46% | 0.55% | $1,519,440,636 |
| AMERIPRISE FINANCIAL INC | 0.92% | 5,453,841 | -23% | 0.3% | $1,289,158,964 |
| UBS Group AG | 0.79% | 4,671,584 | +4.5% | 0.22% | $1,104,222,310 |
| Legal & General Group Plc | 0.77% | 4,584,144 | +3.1% | 0.24% | $1,083,554,119 |
| Bank of New York Mellon Corp | 0.75% | 4,443,848 | -0.92% | 0.19% | $1,050,392,263 |
| ROYAL BANK OF CANADA | 0.72% | 4,285,050 | -29% | 0.18% | $1,012,858,000 |
| Nuveen, LLC | 0.72% | 4,282,171 | +2.7% | 0.27% | $1,012,176,800 |
| CANADA PENSION PLAN INVESTMENT BOARD | 0.71% | 4,199,922 | +1.8% | 0.7% | $992,735,563 |
| RAYMOND JAMES FINANCIAL INC | 0.7% | 4,181,151 | -3.7% | 0.32% | $988,298,565 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.66% | 3,942,008 | +192% | 0.84% | $931,771,318 |
| Amundi | 0.65% | 3,856,843 | -19% | 0.29% | $915,653,096 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 3,694,610 | $859,201,986 | -$298,735,167 | $231.32 | 258 |
| 2025 Q3 | 495,299,879 | $117,030,049,351 | +$3,964,182,755 | $236.37 | 2,615 |
| 2025 Q2 | 479,671,696 | $110,381,034,399 | +$455,405,040 | $230.08 | 2,640 |
| 2025 Q1 | 478,079,745 | $112,808,606,255 | -$1,927,621,310 | $236.24 | 2,653 |
| 2024 Q4 | 486,905,271 | $111,075,967,929 | +$1,986,042,405 | $228.04 | 2,645 |
| 2024 Q3 | 474,196,986 | $116,802,402,975 | -$2,653,986,520 | $246.48 | 2,575 |
| 2024 Q2 | 485,588,375 | $109,875,896,348 | +$2,540,750,715 | $226.26 | 2,518 |
| 2024 Q1 | 474,427,134 | $116,584,477,490 | -$3,532,892,125 | $245.93 | 2,586 |
| 2023 Q4 | 7,034,525 | $1,727,305,265 | +$31,031,900 | $245.62 | 42 |
| 2023 Q3 | 476,513,886 | $97,085,185,909 | +$1,217,345,011 | $203.63 | 2,346 |
| 2023 Q2 | 470,816,097 | $96,375,367,417 | -$2,365,689,284 | $204.62 | 2,363 |
| 2023 Q1 | 471,940,353 | $94,981,949,543 | -$227,224,403 | $201.26 | 2,320 |
| 2022 Q4 | 478,282,308 | $99,038,161,611 | +$241,316,837 | $207.07 | 2,369 |
| 2022 Q3 | 481,864,942 | $93,968,577,231 | -$1,374,012,308 | $194.82 | 2,277 |
| 2022 Q2 | 480,974,983 | $102,549,140,597 | -$323,503,957 | $213.28 | 2,311 |
| 2022 Q1 | 472,225,708 | $128,785,356,428 | -$3,976,521,507 | $273.21 | 2,436 |
| 2021 Q4 | 503,800,004 | $126,823,273,517 | +$834,376,158 | $251.93 | 2,351 |
| 2021 Q3 | 499,683,450 | $98,080,036,238 | -$1,827,799,294 | $196.01 | 2,131 |
| 2021 Q2 | 508,766,235 | $111,820,447,476 | -$2,195,096,513 | $219.93 | 2,160 |
| 2021 Q1 | 521,595,892 | $114,917,311,561 | -$1,007,600,311 | $220.41 | 2,164 |
| 2020 Q4 | 526,833,323 | $109,626,002,630 | -$846,797,801 | $208.22 | 2,110 |
| 2020 Q3 | 531,315,429 | $104,538,057,108 | -$1,416,557,681 | $196.87 | 1,978 |
| 2020 Q2 | 528,015,160 | $89,274,237,157 | -$524,163,568 | $169.07 | 1,914 |
| 2020 Q1 | 535,986,577 | $75,616,022,005 | -$1,586,615,588 | $141.04 | 1,816 |
| 2019 Q4 | 547,657,470 | $98,985,079,148 | +$817,808,850 | $180.79 | 1,962 |
| 2019 Q3 | 530,983,540 | $85,987,732,461 | -$944,019,054 | $161.98 | 1,816 |
| 2019 Q2 | 535,157,115 | $90,417,238,193 | +$1,227,909,962 | $169.11 | 1,828 |
| 2019 Q1 | 550,574,464 | $92,004,885,645 | -$2,073,027,955 | $167.20 | 1,817 |
| 2018 Q4 | 575,916,456 | $79,569,301,876 | -$2,434,019,286 | $138.23 | 1,747 |
| 2018 Q3 | 583,543,601 | $94,934,808,316 | -$1,892,476,252 | $162.83 | 1,660 |
| 2018 Q2 | 604,488,936 | $85,578,204,521 | -$679,197,593 | $141.68 | 1,632 |
| 2018 Q1 | 615,488,792 | $82,653,593,526 | -$913,551,956 | $134.43 | 1,607 |
| 2017 Q4 | 626,173,914 | $83,900,701,990 | +$82,464,124 | $134.10 | 1,592 |
| 2017 Q3 | 627,399,292 | $72,743,757,167 | -$975,163,166 | $115.97 | 1,424 |
| 2017 Q2 | 636,125,225 | $69,267,752,996 | -$1,026,408,626 | $108.91 | 1,445 |
| 2017 Q1 | 647,934,593 | $68,636,811,210 | +$4,874,890,137 | $105.92 | 1,446 |
| 2016 Q4 | 647,077,077 | $67,070,312,458 | -$1,411,156,487 | $103.68 | 1,415 |
| 2016 Q3 | 654,796,412 | $63,820,160,846 | -$389,092,195 | $97.53 | 1,339 |
| 2016 Q2 | 659,811,005 | $57,568,042,338 | -$831,111,873 | $87.25 | 1,328 |
| 2016 Q1 | 666,056,518 | $52,988,866,274 | +$22,021,586 | $79.55 | 1,309 |
| 2015 Q4 | 670,312,712 | $52,418,851,810 | -$719,951,256 | $78.20 | 1,325 |
| 2015 Q3 | 671,595,655 | $59,376,800,189 | -$339,021,597 | $88.41 | 1,300 |
| 2015 Q2 | 674,225,407 | $64,300,495,018 | -$867,344,476 | $95.37 | 1,361 |
| 2015 Q1 | 698,333,351 | $75,673,786,064 | -$887,602,126 | $108.31 | 1,377 |
| 2014 Q4 | 705,513,817 | $84,048,207,246 | -$1,084,283,332 | $119.13 | 1,375 |
| 2014 Q3 | 709,337,047 | $76,903,343,228 | -$1,134,173,087 | $108.42 | 1,282 |
| 2014 Q2 | 715,672,205 | $71,387,100,896 | +$35,069,286,554 | $99.75 | 1,260 |
| 2014 Q1 | 363,028,793 | $68,114,371,924 | -$163,296,377 | $187.66 | 1,229 |