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Institutional Ownership · SEC Form 13F

Who owns PPL (PPL)


Which tracked institutional funds hold PPL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PPL company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,025
Institutional holders
671,068,757
Shares held (tracked funds)
89.4%
Of shares outstanding

How the tape is positioned

289 tracked funds added or opened PPL while 108 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PPL’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes PPL more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in PPL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 1002 tracked filers holding PPL, 533 increased or opened the position and 404 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PPL between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 53

  • VANGUARD CAPITAL MANAGEMENT LLC$1.8B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.4B
  • Point72 Asset Management, L.P.$216M
  • VANGUARD FIDUCIARY TRUST CO$158M
  • TWO SIGMA INVESTMENTS, LP$158M
  • Calamos Advisors LLC$115M

Full exits 28

  • VANGUARD GROUP INC$3.2B
  • JUPITER ASSET MANAGEMENT LTD$56M
  • RENAISSANCE TECHNOLOGIES LLC$42M
  • CIBC Private Wealth Group LLC$26M
  • Ceredex Value Advisors LLC$25M
  • VIRGINIA RETIREMENT SYSTEMS ET Al$22M

Largest adds

  • FRANKLIN RESOURCES INC$353M
  • BARCLAYS PLC$344M
  • MILLENNIUM MANAGEMENT LLC$293M
  • CITADEL ADVISORS LLC$254M
  • STATE STREET CORP$158M
  • GOLDMAN SACHS GROUP INC$151M

Largest trims

  • WELLINGTON MANAGEMENT GROUP LLP$225M
  • T. Rowe Price Investment Management, Inc.$219M
  • GQG Partners LLC$149M
  • ALLIANCEBERNSTEIN L.P.$84M
  • Clearbridge Investments, LLC$82M
  • COHEN & STEERS, INC.$78M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed54,073,400$2.1B8.7%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new47,198,638$1.8B7.6%2026-Q1
FRANKLIN RESOURCES INC added43,836,112$1.7B7.0%2026-Q1
STATE STREET CORP added39,415,824$1.5B6.4%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new36,611,971$1.4B5.9%2026-Q1
Invesco Ltd. trimmed28,603,318$1.1B4.6%2026-Q1
T. Rowe Price Investment Management, Inc. trimmed20,745,720$792M3.3%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added19,367,328$737M3.1%2026-Q1
BANK OF AMERICA CORP /DE/ added14,406,338$550M2.3%2026-Q1
Boston Partners trimmed12,652,192$484M2.0%2026-Q1
FMR LLC added12,315,119$470M2.0%2026-Q1
GOLDMAN SACHS GROUP INC added8,699,651$332M1.4%2026-Q1
CITADEL ADVISORS LLC added8,325,635$318M1.3%2026-Q1
FEDERATED HERMES, INC. added8,216,966$314M1.3%2026-Q1
NORTHERN TRUST CORP trimmed7,865,630$300M1.3%2026-Q1
NORGES BANK added7,222,349$261M1.1%2026-Q1
Point72 Asset Management, L.P. added5,659,324$216M0.9%2026-Q1
Legal & General Group Plc trimmed5,437,566$208M0.9%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed5,076,960$194M0.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added5,052,800$193M0.8%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed5,510,456$193M0.8%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed5,010,821$192M0.8%2026-Q1
Bank of New York Mellon Corp trimmed4,697,981$179M0.8%2026-Q1
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC added4,619,677$176M0.7%2026-Q1
BAHL & GAYNOR INC trimmed4,181,418$160M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new4,145,253$158M0.7%2026-Q1
Energy Income Partners, LLC added4,014,732$153M0.6%2026-Q1
REAVES W H & CO INC trimmed3,706,113$142M0.6%2026-Q1
Clearbridge Investments, LLC trimmed3,638,250$139M0.6%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed3,370,157$129M0.5%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added3,250,405$124M0.5%2026-Q1
TWO SIGMA INVESTMENTS, LP added3,215,730$123M0.5%2026-Q1
DIMENSIONAL FUND ADVISORS LP added3,125,255$119M0.5%2026-Q1
DUFF & PHELPS INVESTMENT MANAGEMENT CO trimmed3,015,392$115M0.5%2026-Q1
Calamos Advisors LLC new2,235,357$115M0.5%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed2,948,994$113M0.5%2026-Q1
Empower Advisory Group, LLC added2,663,033$102M0.4%2026-Q1
AMERICAN CENTURY COMPANIES INC added2,654,948$101M0.4%2026-Q1
ExodusPoint Capital Management, LP added2,647,453$101M0.4%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added2,458,048$94M0.4%2026-Q1
COHEN & STEERS, INC. trimmed2,411,409$92M0.4%2026-Q1
CAMDEN ASSET MANAGEMENT L P /CA new1,780,000$91M0.4%2026-Q1
JENNISON ASSOCIATES LLC trimmed2,303,982$88M0.4%2026-Q1
ROYAL BANK OF CANADA added2,269,883$87M0.4%2026-Q1
UBS Group AG trimmed2,240,571$86M0.4%2026-Q1
Swiss National Bank added2,170,900$83M0.3%2026-Q1
BANK OF MONTREAL /CAN/ trimmed2,108,401$81M0.3%2026-Q1
Portman Square Capital LLP added1,530,000$78M0.3%2026-Q1
FIRST TRUST ADVISORS LP trimmed1,933,270$74M0.3%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added1,884,790$72M0.3%2026-Q1
Qube Research & Technologies Ltd added1,865,540$71M0.3%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed1,302,800$67M0.3%2026-Q1
LPL Financial LLC trimmed1,716,466$66M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added1,680,291$64M0.3%2026-Q1
DEUTSCHE BANK AG\ added1,662,985$64M0.3%2026-Q1
Vanguard Global Advisers, LLC new1,611,952$62M0.3%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed1,569,520$60M0.3%2026-Q1
Cullen Capital Management, LLC added1,541,645$59M0.2%2026-Q1
Jefferies Financial Group Inc. added1,474,771$56M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new1,396,140$53M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added1,377,970$53M0.2%2026-Q1
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed1,313,180$50M0.2%2026-Q1
Squarepoint Ops LLC added1,311,619$50M0.2%2026-Q1
California Public Employees Retirement System trimmed1,296,290$50M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed1,290,148$49M0.2%2026-Q1
Weiss Asset Management LP added930,000$47M0.2%2026-Q1
HSBC HOLDINGS PLC trimmed1,208,881$46M0.2%2026-Q1
WORLDQUANT MILLENNIUM ADVISORS LLC added1,154,000$44M0.2%2026-Q1
BERKSHIRE ASSET MANAGEMENT LLC/PA added1,152,847$44M0.2%2026-Q1
Hudson Bay Capital Management LP added1,150,941$44M0.2%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed1,136,948$43M0.2%2026-Q1
Freestone Grove Partners LP trimmed1,113,220$43M0.2%2026-Q1
National Pension Service trimmed1,106,473$42M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed1,069,181$41M0.2%2026-Q1
JANUS HENDERSON GROUP PLC added1,053,937$40M0.2%2026-Q1
Aventail Capital Group, LP added998,381$38M0.2%2026-Q1
UniSuper Management Pty Ltd trimmed979,936$37M0.2%2026-Q1
CIBC Bancorp USA Inc. added947,381$36M0.2%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC added936,870$36M0.2%2026-Q1
Aberdeen Group plc trimmed878,307$34M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed862,404$33M0.1%2026-Q1
AMERIPRISE FINANCIAL INC added629,495$32M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed835,620$32M0.1%2026-Q1
D. E. Shaw & Co., Inc. trimmed600,000$31M0.1%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed592,026$30M0.1%2026-Q1
Russell Investments Group, Ltd. trimmed779,460$30M0.1%2026-Q1
Magellan Asset Management Ltd added761,274$29M0.1%2026-Q1
Verbena Value LP trimmed740,500$28M0.1%2026-Q1
TRUIST FINANCIAL CORP trimmed739,248$28M0.1%2026-Q1
STIFEL FINANCIAL CORP trimmed737,511$28M0.1%2026-Q1
Allianz Asset Management GmbH added734,956$28M0.1%2026-Q1
CITIGROUP INC trimmed733,562$28M0.1%2026-Q1
Verition Fund Management LLC added725,211$28M0.1%2026-Q1
VANGUARD GROUP INC added90,111,578$3.2B13.2%2025-Q4 stale
Electron Capital Partners, LLC added2,235,659$83M0.3%2025-Q3 stale
Merewether Investment Management, LP trimmed1,968,812$71M0.3%2025-Q1 stale
JUPITER ASSET MANAGEMENT LTD added1,599,549$56M0.2%2025-Q4 stale
Soroban Capital Partners LP added1,188,847$44M0.2%2025-Q3 stale
RENAISSANCE TECHNOLOGIES LLC trimmed1,204,900$42M0.2%2025-Q4 stale
BROOKFIELD Corp /ON/ added998,207$36M0.2%2025-Q1 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership