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Institutional Ownership · SEC Form 13F

Who owns Xcel Energy (XEL)


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

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,217
Institutional holders
589M
Shares held (tracked funds)
94.4%
Of shares outstanding

How the tape is positioned

250 tracked funds added or opened XEL while 182 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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

XEL’s largest tracked holder by dollar value, BlackRock, 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 XEL more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in XEL 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 2026-Q1 and 2026-Q2, across 1216 tracked filers holding XEL, 628 increased or opened the position and 531 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 XEL between the 2026-Q1 and 2026-Q2 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 35

  • Brookfield Corp /ON/$131M
  • Jupiter Topco LLC$94M
  • Perpetual Ltd$55M
  • Clean Energy Transition LLP$35M
  • StoneX Group Inc.$15M
  • Trexquant Investment LP$13M

Full exits 66

  • Amundi$176M
  • COHEN & STEERS, INC.$148M
  • JANUS HENDERSON GROUP PLC$92M
  • COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS$83M
  • VAUGHAN DAVID INVESTMENTS LLC/IL$57M
  • Treasurer of the State of North Carolina$55M

Largest adds

  • BlackRock, Inc.$1.3B
  • Invesco Ltd.$677M
  • FMR LLC$365M
  • GOLDMAN SACHS GROUP INC$326M
  • BARROW HANLEY MEWHINNEY & STRAUSS LLC$265M
  • BANK OF MONTREAL /CAN/$218M

Largest trims

  • JPMORGAN CHASE & CO$490M
  • MASSACHUSETTS FINANCIAL SERVICES CO /MA/$133M
  • Qube Research & Technologies Ltd$115M
  • OMERS ADMINISTRATION Corp$110M
  • Merewether Investment Management, LP$69M
  • TWO SIGMA INVESTMENTS, LP$47M

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added60,898,333$4.9B11.2%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added40,769,716$3.3B7.5%2026-Q2
STATE STREET CORP added38,896,012$3.1B7.2%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added35,610,992$2.9B6.5%2026-Q2
BANK OF AMERICA CORP /DE/ added29,933,748$2.4B5.5%2026-Q2
Capital Research Global Investors added29,301,965$2.4B5.4%2026-Q2
JPMORGAN CHASE & CO trimmed21,741,661$1.8B4.1%2026-Q2
Invesco Ltd. added21,381,193$1.7B3.9%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added18,042,089$1.4B3.3%2026-Q2
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed16,269,553$1.3B3.0%2026-Q2
FMR LLC added11,152,597$896M2.0%2026-Q2
GQG Partners LLC trimmed11,104,441$892M2.0%2026-Q2
GOLDMAN SACHS GROUP INC added10,997,965$883M2.0%2026-Q2
Aristotle Capital Management, LLC trimmed10,459,005$840M1.9%2026-Q2
Pictet Asset Management Holding SA added9,038,572$726M1.7%2026-Q2
BARROW HANLEY MEWHINNEY & STRAUSS LLC added8,818,013$708M1.6%2026-Q2
MORGAN STANLEY added7,894,693$634M1.5%2026-Q2
FRANKLIN RESOURCES INC added7,869,605$632M1.4%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ trimmed7,034,477$565M1.3%2026-Q2
Legal & General Group Plc added6,270,777$504M1.2%2026-Q2
DEUTSCHE BANK AG\ added5,403,828$434M1.0%2026-Q2
NORTHERN TRUST CORP added5,242,023$421M1.0%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added4,175,031$335M0.8%2026-Q2
ROYAL BANK OF CANADA trimmed3,687,605$296M0.7%2026-Q2
Newport Trust Company, LLC trimmed3,612,435$290M0.7%2026-Q2
VANGUARD FIDUCIARY TRUST CO added3,505,386$281M0.6%2026-Q2
Bank of New York Mellon Corp trimmed3,489,252$280M0.6%2026-Q2
BANK OF MONTREAL /CAN/ added3,395,450$273M0.6%2026-Q2
REAVES W H & CO INC trimmed3,358,472$270M0.6%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added3,103,309$249M0.6%2026-Q2
Boston Partners added3,062,841$246M0.6%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added3,018,604$242M0.6%2026-Q2
AMERICAN CENTURY COMPANIES INC trimmed2,914,185$234M0.5%2026-Q2
Nuveen, LLC added2,912,726$234M0.5%2026-Q2
Magellan Asset Management Ltd added2,818,534$226M0.5%2026-Q2
Mitsubishi UFJ Trust & Banking Corp added2,747,651$221M0.5%2026-Q2
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC added2,692,983$216M0.5%2026-Q2
UBS Group AG trimmed2,679,109$215M0.5%2026-Q2
Electron Capital Partners, LLC added2,522,174$203M0.5%2026-Q2
FEDERATED HERMES, INC. trimmed2,458,085$197M0.5%2026-Q2
DUFF & PHELPS INVESTMENT MANAGEMENT CO trimmed2,419,977$194M0.4%2026-Q2
Russell Investments Group, Ltd. trimmed2,373,871$191M0.4%2026-Q2
Zimmer Partners, LP trimmed2,323,610$187M0.4%2026-Q2
DIMENSIONAL FUND ADVISORS LP added2,126,199$171M0.4%2026-Q2
TORONTO DOMINION BANK added2,120,825$170M0.4%2026-Q2
NORDEA INVESTMENT MANAGEMENT AB trimmed2,077,391$169M0.4%2026-Q2
AMERIPRISE FINANCIAL INC added2,000,918$161M0.4%2026-Q2
PRINCIPAL FINANCIAL GROUP INC trimmed1,863,034$150M0.3%2026-Q2
ADAGE CAPITAL PARTNERS GP, L.L.C. added1,859,342$149M0.3%2026-Q2
JENNISON ASSOCIATES LLC trimmed1,858,552$149M0.3%2026-Q2
Swiss National Bank added1,760,500$141M0.3%2026-Q2
Brookfield Corp /ON/ trimmed1,632,769$131M0.3%2026-Q2
Mitsubishi UFJ Asset Management Co., Ltd. added1,582,019$127M0.3%2026-Q2
RAYMOND JAMES FINANCIAL INC trimmed1,566,555$126M0.3%2026-Q2
LPL Financial LLC trimmed1,526,598$123M0.3%2026-Q2
Sumitomo Mitsui Trust Group, Inc. added1,515,264$122M0.3%2026-Q2
CIBC Bancorp USA Inc. added1,509,192$121M0.3%2026-Q2
WELLS FARGO & COMPANY/MN trimmed1,464,676$118M0.3%2026-Q2
CITIGROUP INC added1,446,471$116M0.3%2026-Q2
Point72 Asset Management, L.P. added1,400,937$112M0.3%2026-Q2
BARCLAYS PLC added1,397,855$112M0.3%2026-Q2
Qube Research & Technologies Ltd trimmed1,378,877$111M0.3%2026-Q2
Vanguard Global Advisers, LLC added1,345,723$108M0.2%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added1,300,280$104M0.2%2026-Q2
HSBC HOLDINGS PLC trimmed1,260,938$102M0.2%2026-Q2
Jupiter Topco LLC new1,173,563$94M0.2%2026-Q2
Assenagon Asset Management S.A. added1,173,283$94M0.2%2026-Q2
VOLORIDGE INVESTMENT MANAGEMENT, LLC added1,160,841$93M0.2%2026-Q2
SEI INVESTMENTS CO trimmed1,105,703$89M0.2%2026-Q2
MILLENNIUM MANAGEMENT LLC trimmed1,093,607$88M0.2%2026-Q2
HITE Hedge Asset Management LLC trimmed1,060,792$85M0.2%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. trimmed1,035,575$83M0.2%2026-Q2
REGIONS FINANCIAL CORP added1,034,471$83M0.2%2026-Q2
RHUMBLINE ADVISERS added1,029,444$83M0.2%2026-Q2
Energy Income Partners, LLC added1,022,550$82M0.2%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added959,135$77M0.2%2026-Q2
ExodusPoint Capital Management, LP trimmed949,886$76M0.2%2026-Q2
FIRST TRUST ADVISORS LP trimmed903,473$73M0.2%2026-Q2
AQR CAPITAL MANAGEMENT LLC added894,378$72M0.2%2026-Q2
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed888,828$71M0.2%2026-Q2
MIZUHO MARKETS AMERICAS LLC added885,200$71M0.2%2026-Q2
VICTORY CAPITAL MANAGEMENT INC trimmed826,985$66M0.2%2026-Q2
ENVESTNET ASSET MANAGEMENT INC trimmed826,350$66M0.2%2026-Q2
National Pension Service added803,504$65M0.1%2026-Q2
Squarepoint Ops LLC added799,666$64M0.1%2026-Q2
Freestone Grove Partners LP trimmed798,283$64M0.1%2026-Q2
California Public Employees Retirement System trimmed758,615$61M0.1%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD added728,290$58M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added726,220$58M0.1%2026-Q2
CITADEL ADVISORS LLC added710,776$57M0.1%2026-Q2
MACQUARIE GROUP LTD added696,209$56M0.1%2026-Q2
Perpetual Ltd added688,313$55M0.1%2026-Q2
ProShare Advisors LLC trimmed682,611$55M0.1%2026-Q2
NATIONAL BANK OF CANADA /FI/ added672,934$54M0.1%2026-Q2
Teilinger Capital Ltd. added670,000$54M0.1%2026-Q2
Merewether Investment Management, LP trimmed654,993$53M0.1%2026-Q2
ALLIANCEBERNSTEIN L.P. added638,436$51M0.1%2026-Q2
Vanguard Investments Australia, Ltd. added623,511$50M0.1%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed617,452$50M0.1%2026-Q2
EP Wealth Advisors, LLC added613,442$49M0.1%2026-Q2

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