Energy Transfer (ET): The Ignored Stock Until Indispensable

Alpha Wealth Funds, LLC, an investment management company, released its Q3 2025 letter for the “Insiders Fund”. A copy of the letter can be downloaded here. The fund returned 4.96% in September, bringing the YTD returns to 21.37%. This compares to the benchmark, S&P 500 September return of 3.65% and the year-to-date return through September 30, 2025, of 14.83%. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Alpha Wealth Insiders Fund highlighted stocks such as Energy Transfer LP (NYSE:ET). Energy Transfer LP (NYSE:ET) is a US-based energy services provider. The one-month return for Energy Transfer LP (NYSE:ET) was -1.25%, and its shares lost 15.44% over the last 52 weeks. On January 2, 2026, Energy Transfer LP (NYSE:ET) stock closed at $16.59 per share, with a market capitalization of $56.96 billion.

Alpha Wealth Insiders Fund stated the following regarding Energy Transfer LP (NYSE:ET) in its third quarter 2025 investor letter:

"Business: Energy Transfer LP (NYSE:ET) is a U.S. midstream giant. It owns and operates pipelines, storage, and terminals moving natural gas, crude oil, and NGLs across the country. They’re in the business of transporting, processing, and exporting hydrocarbons—basically the toll collector of America’s energy highways, making money off volume flows, not commodity prices. Based on Energy Transfer’s recent closing price, the current dividend yield is 7.7%.

Insider Buying/Selling: One of the biggest recent moves: Kelcy L. Warren (Director/Chairman) purchased 1,350,000 shares on August 20, 2025 at ~$17.36 per share. He also bought 650,000 shares on August 19, 2025 at ~$17.30/share…” (Click here to read the full text)

Energy Transfer LP (NYSE:ET) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 35 hedge fund portfolios held Energy Transfer LP (NYSE:ET) at the end of the third quarter, compared 36 in the previous quarter. While we acknowledge the potential of Energy Transfer LP (NYSE:ET) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Energy Transfer LP (NYSE:ET) and shared the list of cheap stocks under $20 to buy. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.