Apa CORP (APA) Quarterly Institutional 13F Update (Q2 2026)

APA ranks #638 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

APA is a top-conviction position for Smead Capital Management, Inc. — at 5.5% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in APA belongs to BlackRock, Inc., but the position matters far more to Smead Capital Management, Inc., who has 5.5% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Wedmont Private Capital has added to its APA position for two straight quarters, increasing it by $1.0M to reach $1.4M today.

Byrne Asset Management LLC has trimmed its APA position for two straight quarters, cutting it by $260.3K while still holding $24.9K.

APA is up 4.1% today, and institutions have been net buyers of $1.3B this quarter — today's price move and the underlying institutional flow are pointing the same direction.

APA closed its latest fiscal year with net income of $1.4B, and currently trades at a P/E of 12.3.

• Profitable — net income of $1.4B in the latest fiscal year
• Revenue declined 8.4% year over year
• Net income improved year over year, from $804.0M to $1.4B
• Generated $4.5B in positive operating cash flow
• Current ratio of 0.82x — below the conventional 1.5x liquidity buffer
• Liabilities run x equity — a highly leveraged balance sheet worth noting