Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in XEL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 60.9M | $4.89B | +13.0% | 9.755% | 0.07% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 40.8M | $3.27B | +3.2% | 6.531% | 0.07% |
| 3 | STATE STREET CORP | 38.9M | $3.15B | +4.8% | 6.231% | 0.05% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 35.6M | $2.86B | +2.4% | 5.704% | 0.13% |
| 5 | BANK OF AMERICA CORP /DE/ | 29.9M | $2.40B | +1.7% | 4.795% | 0.15% |
| 6 | Capital Research Global Investors | 29.3M | $2.35B | +7.5% | 4.694% | 0.33% |
| 7 | JPMORGAN CHASE & CO | 21.7M | $1.78B | -24.2% | 3.483% | 0.10% |
| 8 | Invesco Ltd. | 21.4M | $1.72B | +63.3% | 3.425% | 0.14% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 18.0M | $1.44B | +6.2% | 2.890% | 0.08% |
| 10 | GOLDMAN SACHS GROUP INC | 16.7M | $1.34B | +113.5% | 2.671% | 0.12% |
| 11 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 16.3M | $1.32B | -10.0% | 2.606% | 0.42% |
| 12 | FMR LLC | 11.2M | $895.6M | +66.0% | 1.786% | 0.04% |
| 13 | GQG Partners LLC | 11.1M | $891.7M | -0.8% | 1.779% | 1.66% |
| 14 | Aristotle Capital Management, LLC | 10.5M | $839.9M | -5.8% | 1.675% | 1.76% |
| 15 | Pictet Asset Management Holding SA | 9.0M | $725.8M | +1.9% | 1.448% | 0.69% |
| 16 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 8.8M | $708.1M | +58.2% | 1.413% | 2.15% |
| 17 | MORGAN STANLEY | 7.9M | $633.9M | +10.1% | 1.265% | 0.03% |
| 18 | FRANKLIN RESOURCES INC | 7.9M | $631.9M | +1.3% | 1.261% | 0.14% |
| 19 | Legal & General Group Plc | 6.3M | $503.5M | +1.1% | 1.004% | 0.11% |
| 20 | DEUTSCHE BANK AG\ | 5.4M | $433.9M | +34.5% | 0.866% | 0.13% |
| 21 | NORTHERN TRUST CORP | 5.2M | $420.9M | +2.2% | 0.840% | 0.05% |
| 22 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 4.2M | $335.3M | +5.9% | 0.669% | 0.04% |
| 23 | ROYAL BANK OF CANADA | 3.7M | $296.1M | -4.8% | 0.591% | 0.04% |
| 24 | Newport Trust Company, LLC | 3.6M | $290.1M | -1.3% | 0.579% | 0.70% |
| 25 | VANGUARD FIDUCIARY TRUST CO | 3.5M | $281.5M | +4.4% | 0.561% | 0.06% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in XEL — a direct measure of their conviction.
Filings activity in XEL during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new XEL position in Q2 2026
Institutions that fully closed their XEL position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,285 | +2.2% | 96.74% | +6.15 pp | $47.43B | +8.5% |
| Q1 2026 | 1,257 | +2.6% | 90.59% | +1.71 pp | $43.72B | +14% |
| Q4 2025 | 1,225 | +5.9% | 88.88% | 2.59 pp | $38.48B | 5.7% |
| Q3 2025 | 1,157 | +4.4% | 91.47% | +4.15 pp | $40.80B | +27% |
| Q2 2025 | 1,108 | +0.5% | 87.32% | +2.19 pp | $32.20B | +1.1% |
| Q1 2025 | 1,102 | +3.4% | 85.13% | +0.98 pp | $31.86B | +4.7% |
| Q4 2024 | 1,066 | +7.2% | 84.15% | +4.98 pp | $30.43B | 1.5% |
| Q3 2024 | 994 | — | 79.17% | — | $30.88B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying XEL stock.
Based on Q2 2026 13F filings, institutional ownership of Xcel Energy Inc. stands at 96.7%, held across 1,285 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of XEL, with approximately 60,898,333 shares worth $4.89B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of XEL.
Our composite Smart Money Score for XEL is 53 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
96 institutions opened new positions in XEL during Q2 2026, while 74 fully exited. 799 added to existing positions and 349 trimmed.
XEL institutional ownership rose by 6.15 percentage points quarter-over-quarter, with a net change of +28 holders.
The top 10 institutions account for 53.1% of all reported 13F value in XEL, and the top 25 account for 72.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Xcel Energy Inc. (XEL) Institutional Ownership