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Institutional Ownership · SEC Form 13F

Who owns WEC (WEC)


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

1,366
Institutional holders
273,764,497
Shares held (tracked funds)
84.1%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on WEC is one-sided between 2025-Q4 and 2026-Q1: 408 added or opened and 131 trimmed or exited — on balance accumulating.

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

WEC’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% 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 WEC more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in WEC 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 1365 tracked filers holding WEC, 691 increased or opened the position and 544 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 WEC 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 46

  • VANGUARD CAPITAL MANAGEMENT LLC$2.4B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.9B
  • VANGUARD FIDUCIARY TRUST CO$212M
  • Zimmer Partners, LP$97M
  • Vanguard Global Advisers, LLC$82M
  • VANGUARD ASSET MANAGEMENT, Ltd$71M

Full exits 47

  • VANGUARD GROUP INC$4.3B
  • Thomasville National Bank$21M
  • Allianz Asset Management GmbH$17M
  • NICOLET ADVISORY SERVICES, LLC$15M
  • Trexquant Investment LP$14M
  • FORSTA AP-FONDEN$10M

Largest adds

  • STATE STREET CORP$276M
  • JPMORGAN CHASE & CO$176M
  • FEDERATED HERMES, INC.$164M
  • AMERIPRISE FINANCIAL INC$163M
  • FRANKLIN RESOURCES INC$159M
  • BANK OF AMERICA CORP /DE/$139M

Largest trims

  • WELLINGTON MANAGEMENT GROUP LLP$394M
  • BlackRock, Inc.$175M
  • Clearbridge Investments, LLC$90M
  • Soroban Capital Partners LP$20M
  • Assenagon Asset Management S.A.$20M
  • VICTORY CAPITAL MANAGEMENT INC$20M

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. trimmed28,465,648$3.3B10.1%2026-Q1
STATE STREET CORP added21,242,819$2.5B7.5%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new21,147,206$2.4B7.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new16,771,608$1.9B5.9%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added9,106,652$1.1B3.2%2026-Q1
WELLS FARGO & COMPANY/MN added8,560,214$991M3.0%2026-Q1
BANK OF AMERICA CORP /DE/ added7,970,050$923M2.8%2026-Q1
DEUTSCHE BANK AG\ trimmed5,931,540$687M2.1%2026-Q1
AMERIPRISE FINANCIAL INC added5,667,783$656M2.0%2026-Q1
JPMORGAN CHASE & CO added5,526,693$637M1.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added5,441,582$630M1.9%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed4,819,764$558M1.7%2026-Q1
MORGAN STANLEY added4,742,853$549M1.7%2026-Q1
Invesco Ltd. trimmed4,499,490$521M1.6%2026-Q1
FRANKLIN RESOURCES INC added4,434,011$513M1.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added3,623,922$420M1.3%2026-Q1
Nuveen, LLC added3,591,004$416M1.3%2026-Q1
FEDERATED HERMES, INC. added3,423,763$396M1.2%2026-Q1
NORTHERN TRUST CORP trimmed3,382,948$392M1.2%2026-Q1
Legal & General Group Plc trimmed2,627,581$304M0.9%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added2,571,015$298M0.9%2026-Q1
RAYMOND JAMES FINANCIAL INC added2,479,662$287M0.9%2026-Q1
Clearbridge Investments, LLC trimmed2,168,691$251M0.8%2026-Q1
Bank of New York Mellon Corp trimmed2,014,394$233M0.7%2026-Q1
GOLDMAN SACHS GROUP INC added1,918,157$222M0.7%2026-Q1
MAIRS & POWER INC added1,910,685$221M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new1,831,948$212M0.6%2026-Q1
Qube Research & Technologies Ltd added1,811,556$210M0.6%2026-Q1
EARNEST PARTNERS LLC trimmed1,733,312$201M0.6%2026-Q1
ROYAL BANK OF CANADA added1,698,720$197M0.6%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added1,566,151$181M0.6%2026-Q1
UBS Group AG trimmed1,518,310$176M0.5%2026-Q1
BARCLAYS PLC added1,451,007$168M0.5%2026-Q1
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC added1,376,051$159M0.5%2026-Q1
FMR LLC added1,308,642$152M0.5%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,286,276$149M0.5%2026-Q1
Magellan Asset Management Ltd trimmed1,261,329$146M0.4%2026-Q1
CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed1,237,016$143M0.4%2026-Q1
STIFEL FINANCIAL CORP added1,234,259$143M0.4%2026-Q1
LPL Financial LLC added1,198,459$139M0.4%2026-Q1
Soroban Capital Partners LP trimmed1,198,148$139M0.4%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed1,195,147$138M0.4%2026-Q1
CITIGROUP INC added1,184,357$137M0.4%2026-Q1
BESSEMER GROUP INC added1,148,527$133M0.4%2026-Q1
CRAWFORD INVESTMENT COUNSEL INC added1,091,886$126M0.4%2026-Q1
BAHL & GAYNOR INC trimmed1,031,567$119M0.4%2026-Q1
DUFF & PHELPS INVESTMENT MANAGEMENT CO added981,349$114M0.3%2026-Q1
CINCINNATI INSURANCE CO978,300$113M0.3%2026-Q1
Swiss National Bank added954,687$111M0.3%2026-Q1
Squarepoint Ops LLC trimmed869,937$101M0.3%2026-Q1
Zimmer Partners, LP trimmed833,814$97M0.3%2026-Q1
Rathbones Group PLC added828,174$96M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added797,800$92M0.3%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed780,223$90M0.3%2026-Q1
Energy Income Partners, LLC added765,610$89M0.3%2026-Q1
WESTWOOD HOLDINGS GROUP INC trimmed739,190$86M0.3%2026-Q1
SEI INVESTMENTS CO trimmed736,978$85M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added732,998$85M0.3%2026-Q1
Vanguard Global Advisers, LLC new710,644$82M0.3%2026-Q1
JANUS HENDERSON GROUP PLC added700,527$81M0.2%2026-Q1
Caisse de depot et placement du Quebec trimmed683,413$79M0.2%2026-Q1
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added678,954$79M0.2%2026-Q1
California Public Employees Retirement System trimmed678,212$79M0.2%2026-Q1
Employees Retirement System of Texas trimmed625,933$72M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new611,124$71M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed598,198$69M0.2%2026-Q1
GABELLI FUNDS LLC trimmed585,370$68M0.2%2026-Q1
BENJAMIN EDWARDS INC trimmed584,490$68M0.2%2026-Q1
FIRST TRUST ADVISORS LP trimmed580,914$67M0.2%2026-Q1
BANK OF MONTREAL /CAN/ added578,507$67M0.2%2026-Q1
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed577,719$67M0.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed577,481$66M0.2%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added568,022$66M0.2%2026-Q1
REAVES W H & CO INC added562,957$65M0.2%2026-Q1
Baird Financial Group, Inc. added553,929$64M0.2%2026-Q1
HSBC HOLDINGS PLC trimmed528,741$61M0.2%2026-Q1
London & Capital Asset Management Ltd added513,715$59M0.2%2026-Q1
SOROS FUND MANAGEMENT LLC added512,754$59M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed504,012$58M0.2%2026-Q1
VAUGHAN DAVID INVESTMENTS LLC/IL added497,618$58M0.2%2026-Q1
OLD REPUBLIC INTERNATIONAL CORP trimmed477,179$55M0.2%2026-Q1
Pictet Asset Management Holding SA trimmed474,625$55M0.2%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD trimmed450,935$52M0.2%2026-Q1
DONALDSON CAPITAL MANAGEMENT, LLC added442,053$51M0.2%2026-Q1
MARSHALL WACE, LLP trimmed435,096$50M0.2%2026-Q1
Amundi trimmed431,842$50M0.2%2026-Q1
CITADEL ADVISORS LLC trimmed431,598$50M0.2%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed429,659$50M0.2%2026-Q1
National Pension Service added425,027$49M0.2%2026-Q1
Retirement Systems of Alabama trimmed420,878$49M0.1%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed396,440$46M0.1%2026-Q1
NATIXIS ADVISORS, LLC added394,752$46M0.1%2026-Q1
CAMPBELL NEWMAN ASSET MANAGEMENT INC added375,749$44M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed374,125$43M0.1%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC added362,716$42M0.1%2026-Q1
VANGUARD GROUP INC added41,099,520$4.3B13.2%2025-Q4 stale
ClearBridge Investments Ltd added2,364,236$246M0.8%2025-Q2 stale
Point72 Asset Management, L.P. added1,047,964$109M0.3%2025-Q2 stale
COHEN & STEERS, INC. trimmed903,258$104M0.3%2025-Q3 stale
Freestone Grove Partners LP added620,565$71M0.2%2025-Q3 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