Supply breakdown
Shares as of Oct 20, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 230.96M | 100.0% | $21.06B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 230.96M | 100.0% | $21.06B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 219.34M | 95.0% | $20.00B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$21.06B
- Fully diluted$21.08B
- Circulating$21.06B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 19.50M | 8.44% |
| VANGUARD CAPITAL MANAGEMENT LLC | 15.62M | 6.76% |
| STATE STREET CORP | 15.62M | 6.76% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11.83M | 5.12% |
| GEODE CAPITAL MANAGEMENT, LLC | 6.73M | 2.92% |
| Capital Research Global Investors | 6.64M | 2.88% |
| Invesco Ltd. | 6.06M | 2.62% |
| VICTORY CAPITAL MANAGEMENT INC | 5.40M | 2.34% |
| AQR CAPITAL MANAGEMENT LLC | 5.38M | 2.33% |
| OAKTREE CAPITAL MANAGEMENT LP | 5.24M | 2.27% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | EXE on Nasdaq | 230,957,348 | Oct 20, 2026 |
Notes and sources
- EXPAND ENERGY Corp 10-Q for period ended 2026-09-30, Cover page (0000895126-26-000068)
- SEC public float (non-affiliates): $19.60B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.