Ranked by reported Q1 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. | 53.9M | $4.28B | +2.4% | 8.637% | 0.08% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 39.5M | $3.14B | — | 6.327% | 0.08% |
| 3 | STATE STREET CORP | 37.1M | $2.97B | +2.2% | 5.948% | 0.10% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 34.8M | $2.76B | — | 5.572% | 0.15% |
| 5 | BANK OF AMERICA CORP /DE/ | 29.4M | $2.34B | +5.9% | 4.717% | 0.17% |
| 6 | Capital Research Global Investors | 27.3M | $2.17B | +671.9% | 4.367% | 0.34% |
| 7 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 18.1M | $1.45B | -3.9% | 2.897% | 0.49% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 17.0M | $1.35B | +3.0% | 2.723% | 0.08% |
| 9 | GQG Partners LLC | 11.2M | $889.2M | -9.3% | 1.793% | 1.41% |
| 10 | Aristotle Capital Management, LLC | 11.1M | $882.3M | -4.1% | 1.779% | 1.85% |
| 11 | Pictet Asset Management Holding SA | 8.9M | $704.8M | +37.1% | 1.421% | 0.75% |
| 12 | Invesco Ltd. | 8.1M | $641.5M | +1.9% | 1.294% | 0.10% |
| 13 | GOLDMAN SACHS GROUP INC | 7.8M | $620.6M | -14.3% | 1.252% | 0.07% |
| 14 | FRANKLIN RESOURCES INC | 7.8M | $617.0M | +13.8% | 1.244% | 0.15% |
| 15 | MORGAN STANLEY | 7.2M | $569.6M | +2.5% | 1.149% | 0.03% |
| 16 | FMR LLC | 6.7M | $533.8M | +5.7% | 1.077% | 0.03% |
| 17 | Legal & General Group Plc | 6.2M | $492.6M | -0.7% | 0.993% | 0.11% |
| 18 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 5.6M | $442.7M | -2.4% | 0.893% | 1.45% |
| 19 | NORTHERN TRUST CORP | 5.1M | $407.5M | -0.8% | 0.822% | 0.05% |
| 20 | DEUTSCHE BANK AG\ | 4.0M | $319.1M | +45.8% | 0.644% | 0.11% |
| 21 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3.9M | $313.1M | +2.7% | 0.631% | 0.05% |
| 22 | ROYAL BANK OF CANADA | 3.9M | $307.6M | +5.4% | 0.620% | 0.05% |
| 23 | Newport Trust Co | 3.7M | $290.7M | -1.6% | 0.586% | 0.71% |
| 24 | REAVES W H & CO INC | 3.5M | $281.9M | -0.9% | 0.569% | 4.68% |
| 25 | Bank of New York Mellon Corp | 3.5M | $278.0M | -1.9% | 0.561% | 0.05% |
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 Q1 2026, grouped by how each filer changed its position.
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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,241 | +1.8% | 82.92% | +5.56 pp | $41.00B | +7.2% |
| Q4 2025 | 1,219 | +6.1% | 77.36% | 4.74 pp | $38.25B | 5.8% |
| Q3 2025 | 1,149 | +3.7% | 82.10% | +16.97 pp | $40.60B | +26% |
| Q2 2025 | 1,108 | +0.5% | 65.13% | +0.70 pp | $32.20B | +1.1% |
| Q1 2025 | 1,102 | +3.4% | 64.43% | +2.88 pp | $31.86B | +4.7% |
| Q4 2024 | 1,066 | +7.2% | 61.55% | 0.90 pp | $30.43B | 1.5% |
| Q3 2024 | 994 | +6.4% | 62.45% | +6.01 pp | $30.88B | +11% |
| Q2 2024 | 934 | — | 56.44% | — | $27.91B | — |
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 Q1 2026 13F filings, institutional ownership of Xcel Energy Inc. stands at 82.9%, held across 1,241 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of XEL, with approximately 53,911,407 shares worth $4.28B as of Q1 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 48 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
144 institutions opened new positions in XEL during Q1 2026, while 122 fully exited. 856 added to existing positions and 237 trimmed.
XEL institutional ownership rose by 5.56 percentage points quarter-over-quarter, with a net change of +22 holders.
The top 10 institutions account for 54.2% of all reported 13F value in XEL, and the top 25 account for 70.8%.
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