XCEL ENERGY INC (XEL) — Institutional Holders, Q2 2026

1,299 institutional investment managers reported a XEL position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $47.9B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← XEL stock profile

XEL in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

105

Added to

551

Trimmed

395

Sold out

Biggest buyers

Invesco Ltd.Added · +13,306,395 sh+$1.1B
BlackRockAdded · +6,986,926 sh+$561.1M
FMRAdded · +4,433,391 sh+$356.0M
GOLDMAN SACHS GROUPAdded · +3,986,326 sh+$320.1M
BARROW HANLEY MEWHINNEY & STRAUSSAdded · +3,245,355 sh+$260.6M

Biggest sellers

JPMORGAN CHASETrimmed · -6,957,306 sh-$558.7M
MASSACHUSETTS FINANCIAL SERVICESTrimmed · -1,809,087 sh-$145.3M
Qube Research & Technologies LtdTrimmed · -1,458,956 sh-$117.2M
OMERS ADMINISTRATIONTrimmed · -1,394,631 sh-$112.0M
AmundiTrimmed · -1,273,884 sh-$102.3M

XEL 13F holders ranked 1–100 of 1,299

Institutional investors reporting a position in XCEL ENERGY INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 60,898,333 sh	60,898,333	$4.9B	0.07%	+13.0%
2	VANGUARD CAPITAL MANAGEMENT#2 · 40,769,716 sh	40,769,716	$3.3B	0.07%	+3.2%
3	STATE STREET#3 · 38,896,012 sh	38,896,012	$3.1B	0.09%	+4.8%
4	VANGUARD PORTFOLIO MANAGEMENT#4 · 35,610,992 sh	35,610,992	$2.9B	0.13%	+2.4%
5	BANK OF AMERICA#5 · 29,933,748 sh	29,933,748	$2.4B	0.15%	+1.7%
6	Capital Research Global Investors#6 · 29,301,965 sh	29,301,965	$2.4B	0.33%	+7.5%
7	JPMORGAN CHASE#7 · 21,741,661 sh	21,741,661	$1.8B	0.10%	-24.2%
8	Invesco Ltd.#8 · 21,381,193 sh	21,381,193	$1.7B	0.14%	+164.8%
9	GEODE CAPITAL MANAGEMENT#9 · 18,042,089 sh	18,042,089	$1.4B	0.08%	+6.2%
10	MASSACHUSETTS FINANCIAL SERVICES#10 · 16,269,553 sh	16,269,553	$1.3B	0.42%	-10.0%
11	FMR#11 · 11,152,597 sh	11,152,597	$895.6M	0.04%	+66.0%
12	GQG Partners#12 · 11,104,441 sh	11,104,441	$891.7M	1.66%	-0.8%
13	GOLDMAN SACHS GROUP#13 · 10,997,965 sh	10,997,965	$883.1M	0.08%	+56.9%
14	Aristotle Capital Management#14 · 10,459,005 sh	10,459,005	$839.9M	1.76%	-5.8%
15	Pictet Asset Management Holding SA#15 · 9,038,572 sh	9,038,572	$725.8M	0.69%	+1.9%
16	BARROW HANLEY MEWHINNEY & STRAUSS#16 · 8,818,013 sh	8,818,013	$708.1M	2.15%	+58.2%
17	MORGAN STANLEY#17 · 7,894,693 sh	7,894,693	$633.9M	0.03%	+10.1%
18	FRANKLIN RESOURCES#18 · 7,869,605 sh	7,869,605	$631.9M	0.14%	+1.3%
19	PRICE T ROWE ASSOCIATES#19 · 7,034,477 sh	7,034,477	$564.9M	0.06%	-7.0%
20	Legal & General Group Plc#20 · 6,270,777 sh	6,270,777	$503.5M	0.10%	+1.1%
21	DEUTSCHE BANK AG\#21 · 5,403,828 sh	5,403,828	$433.9M	0.13%	+34.5%
22	NORTHERN#22 · 5,242,023 sh	5,242,023	$420.9M	0.05%	+2.2%
23	CHARLES SCHWAB INVESTMENT MANAGEMENT#23 · 4,175,031 sh	4,175,031	$335.3M	0.04%	+5.9%
24	ROYAL BANK OF CANADA#24 · 3,687,605 sh	3,687,605	$296.1M	0.04%	-4.8%
25	Newport Company#25 · 3,612,435 sh	3,612,435	$290.1M	0.70%	-1.3%
26	VANGUARD FIDUCIARY#26 · 3,505,386 sh	3,505,386	$281.5M	0.06%	+4.4%
27	Bank of New York Mellon#27 · 3,489,252 sh	3,489,252	$280.2M	0.05%	-0.3%
28	BANK OF MONTREAL#28 · 3,395,450 sh	3,395,450	$272.7M	0.09%	+393.6%
29	REAVES W H#29 · 3,358,472 sh	3,358,472	$269.7M	4.09%	-5.4%
30	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#30 · 3,103,309 sh	3,103,309	$249.2M	0.05%	+14.0%
31	Boston Partners#31 · 3,062,841 sh	3,062,841	$245.9M	0.22%	+3.2%
32	BNP PARIBAS FINANCIAL MARKETS#32 · 3,018,604 sh	3,018,604	$242.4M	0.08%	+39.2%
33	AMERICAN CENTURY COMPANIES#33 · 2,914,185 sh	2,914,185	$234.0M	0.10%	-1.8%
34	Nuveen#34 · 2,912,726 sh	2,912,726	$233.9M	0.06%	+0.1%
35	Magellan Asset Management Ltd#35 · 2,818,534 sh	2,818,534	$226.3M	5.06%	+21.7%
36	Mitsubishi UFJ & Banking#36 · 2,747,651 sh	2,747,651	$220.6M	0.48%	+4.0%
37	CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS#37 · 2,692,983 sh	2,692,983	$216.2M	3.01%	+3.7%
38	UBS Group AG#38 · 2,679,109 sh	2,679,109	$215.1M	0.03%	-17.1%
39	Electron Capital Partners#39 · 2,522,174 sh	2,522,174	$202.5M	8.09%	+31.4%
40	FEDERATED HERMES#40 · 2,458,085 sh	2,458,085	$197.4M	0.28%	-15.6%
41	DUFF & PHELPS INVESTMENT MANAGEMENT#41 · 2,419,977 sh	2,419,977	$194.3M	1.83%	-0.2%
42	Russell Investments Group, Ltd.#42 · 2,373,871 sh	2,373,871	$190.7M	0.17%	-4.8%
43	Zimmer Partners#43 · 2,323,610 sh	2,323,610	$186.6M	4.30%	-11.6%
44	DIMENSIONAL FUND ADVISORS#44 · 2,126,199 sh	2,126,199	$170.8M	0.03%	+3.6%
45	TORONTO DOMINION BANK#45 · 2,120,825 sh	2,120,825	$170.3M	0.20%	+20.9%
46	COHEN & STEERS#46 · 2,104,718 sh	2,104,718	$169.0M	0.27%	+13.0%
47	NORDEA INVESTMENT MANAGEMENT AB#47 · 2,077,391 sh	2,077,391	$168.6M	0.14%	-1.1%
48	AMERIPRISE FINANCIAL#48 · 2,000,918 sh	2,000,918	$160.7M	0.03%	+2.4%
49	PRINCIPAL FINANCIAL GROUP#49 · 1,863,034 sh	1,863,034	$149.6M	0.07%	-5.0%
50	ADAGE CAPITAL PARTNERS GP, L.L.C.#50 · 1,859,342 sh	1,859,342	$149.3M	0.21%	+18.1%
51	JENNISON ASSOCIATES#51 · 1,858,552 sh	1,858,552	$149.2M	0.09%	-3.3%
52	Swiss National Bank#52 · 1,760,500 sh	1,760,500	$141.4M	0.07%	+1.4%
53	BROOKFIELD#53 · 1,632,769 sh	1,632,769	$131.1M	0.17%	New
54	Mitsubishi UFJ Asset Management , Ltd.#54 · 1,582,019 sh	1,582,019	$127.0M	0.07%	+12.6%
55	RAYMOND JAMES FINANCIAL#55 · 1,566,555 sh	1,566,555	$125.8M	0.03%	-14.5%
56	LPL Financial#56 · 1,526,598 sh	1,526,598	$122.6M	0.03%	-8.4%
57	Sumitomo Mitsui#57 · 1,515,264 sh	1,515,264	$121.7M	0.07%	+4.8%
58	CIBC Bancorp USA#58 · 1,509,192 sh	1,509,192	$121.3M	0.15%	+555.1%
59	WELLS FARGO & COMPANY#59 · 1,464,676 sh	1,464,676	$117.6M	0.02%	-9.6%
60	CITIGROUP#60 · 1,446,471 sh	1,446,471	$116.2M	0.04%	+68.9%
61	Point72 Asset Management, L.P.#61 · 1,400,937 sh	1,400,937	$112.5M	0.12%	+37.0%
62	BARCLAYS PLC#62 · 1,397,855 sh	1,397,855	$112.2M	0.02%	+0.5%
63	Qube Research & Technologies Ltd#63 · 1,378,877 sh	1,378,877	$110.7M	0.10%	-51.4%
64	Vanguard Global Advisers#64 · 1,345,723 sh	1,345,723	$108.1M	0.05%	+4.2%
65	VANGUARD ASSET MANAGEMENT, Ltd#65 · 1,300,280 sh	1,300,280	$104.4M	0.07%	+16.8%
66	HSBC PLC#66 · 1,260,938 sh	1,260,938	$101.7M	0.04%	-6.2%
67	Assenagon Asset Management S.A.#67 · 1,173,283 sh	1,173,283	$94.2M	—	+6158.2%
68	Jupiter Topco#68 · 1,173,563 sh	1,173,563	$94.2M	0.04%	—
69	VOLORIDGE INVESTMENT MANAGEMENT#69 · 1,160,841 sh	1,160,841	$93.2M	0.40%	+186.1%
70	SEI INVESTMENTS#70 · 1,105,703 sh	1,105,703	$88.8M	0.08%	-4.5%
71	MILLENNIUM MANAGEMENT#71 · 1,093,607 sh	1,093,607	$87.8M	0.03%	-18.9%
72	HITE Hedge Asset Management#72 · 1,060,792 sh	1,060,792	$85.2M	4.66%	-8.6%
73	BALYASNY ASSET MANAGEMENT L.P.#73 · 1,035,575 sh	1,035,575	$83.2M	0.10%	-15.1%
74	REGIONS FINANCIAL#74 · 1,034,471 sh	1,034,471	$83.1M	0.50%	+0.1%
75	RHUMBLINE ADVISERS#75 · 1,029,444 sh	1,029,444	$82.7M	0.06%	+4.5%
76	Energy Income Partners#76 · 1,022,550 sh	1,022,550	$82.1M	1.29%	+2.2%
77	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#77 · 959,135 sh	959,135	$77.0M	0.03%	+2.4%
78	ExodusPoint Capital Management#78 · 949,886 sh	949,886	$76.3M	0.49%	-4.4%
79	Amundi#79 · 938,492 sh	938,492	$75.4M	0.02%	-57.6%
80	FIRST ADVISORS#80 · 903,473 sh	903,473	$72.5M	0.04%	-7.9%
81	AQR CAPITAL MANAGEMENT#81 · 894,378 sh	894,378	$71.8M	0.03%	+25.3%
82	NOMURA ASSET MANAGEMENT INTERNATIONAL#82 · 888,828 sh	888,828	$71.4M	0.11%	-10.2%
83	MIZUHO MARKETS AMERICAS#83 · 885,200 sh	885,200	$71.1M	1.09%	+9.9%
84	VICTORY CAPITAL MANAGEMENT#84 · 826,985 sh	826,985	$66.4M	0.04%	-1.3%
85	ENVESTNET ASSET MANAGEMENT#85 · 826,350 sh	826,350	$66.4M	0.02%	-19.7%
86	National Pension Service#86 · 803,504 sh	803,504	$64.5M	0.04%	+6.3%
87	Squarepoint Ops#87 · 799,666 sh	799,666	$64.2M	0.07%	+116.7%
88	Freestone Grove Partners#88 · 798,283 sh	798,283	$64.1M	0.41%	-38.6%
89	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#89 · 758,615 sh	758,615	$60.9M	0.03%	-29.0%
90	CANADA PENSION PLAN INVESTMENT BOARD#90 · 728,290 sh	728,290	$58.5M	0.03%	+126.6%
91	VAUGHAN DAVID INVESTMENTS#91 · 719,761 sh	719,761	$57.8M	1.15%	-0.2%
92	CITADEL ADVISORS#92 · 710,776 sh	710,776	$57.1M	<0.01%	+1.4%
93	MACQUARIE GROUP LTD#93 · 696,209 sh	696,209	$55.9M	0.24%	+11.7%
94	Perpetual Ltd#94 · 688,313 sh	688,313	$55.3M	—	New
95	ProShare Advisors#95 · 682,611 sh	682,611	$54.8M	0.08%	-22.8%
96	NATIONAL BANK OF CANADA#96 · 672,934 sh	672,934	$54.0M	0.04%	+67.7%
97	Teilinger Capital Ltd.#97 · 670,000 sh	670,000	$53.8M	7.53%	+1.5%
98	Merewether Investment Management#98 · 654,993 sh	654,993	$52.6M	0.99%	-57.2%
99	OLD REPUBLIC INTERNATIONAL#99 · 641,400 sh	641,400	$51.5M	—	-1.0%
100	ALLIANCEBERNSTEIN L.P.#100 · 638,436 sh	638,436	$50.7M	0.02%	+3.9%

Funds that sold out of XEL in Q2 2026 (79)

Held XEL at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held XEL in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS1,050,096 sh	1,050,096	$83.4M
TORTOISE CAPITAL ADVISORS, L.L.C.440,626 sh	440,626	$35.0M
SIR Capital Management, L.P.276,435 sh	276,435	$22.0M
Ceredex Value Advisors177,900 sh	177,900	$14.1M
ING GROEP NV168,044 sh	168,044	$13.3M
KAYNE ANDERSON CAPITAL ADVISORS97,379 sh	97,379	$7.7M
Ilmarinen Mutual Pension Insurance93,000 sh	93,000	$7.4M
Y-Intercept (Hong Kong) Ltd88,267 sh	88,267	$7.0M
Jain Global85,804 sh	85,804	$6.8M
Deeter Investments LLP75,000 sh	75,000	$6.0M
SEGALL BRYANT & HAMILL62,493 sh	62,493	$5.1M
Headlands Technologies49,903 sh	49,903	$4.0M
Delta Global Management29,995 sh	29,995	$2.4M
BANQUE PICTET & CIE SA26,846 sh	26,846	$2.1M
iSAM Funds (UK) Ltd26,077 sh	26,077	$2.1M
ACADIAN ASSET MANAGEMENT21,678 sh	21,678	$1.7M
CenterBook Partners14,648 sh	14,648	$1.2M
HANCOCK WHITNEY10,105 sh	10,105	$833.4K
Havemeyer Place9,872 sh	9,872	$784.2K
DARK FOREST CAPITAL MANAGEMENT7,817 sh	7,817	$621.0K
WORLD EQUITY GROUP6,561 sh	6,561	$521.2K
CTC Alternative Strategies, Ltd.6,300 sh	6,300	$500.5K
EARNED WEALTH ADVISORS6,017 sh	6,017	$478.0K
Twin Tree Management5,752 sh	5,752	$456.9K
BEESE FULMER INVESTMENT MANAGEMENT5,380 sh	5,380	$427.4K
EntryPoint Capital5,178 sh	5,178	$411.3K
Investor's Fiduciary Advisor Network4,645 sh	4,645	$368.0K
Baer Investment Advisory4,505 sh	4,505	$357.9K
Gateway Wealth Partners4,465 sh	4,465	$354.7K
LeClair Wealth Partners4,346 sh	4,346	$345.2K
Catalyst Funds Management Pty Ltd3,600 sh	3,600	$286.0K
SIMPLEX TRADING3,595 sh	3,595	$285.6K
MQS Management3,486 sh	3,486	$276.9K
SkyView Investment Advisors3,479 sh	3,479	$276.0K
Scissortail Wealth Management3,449 sh	3,449	$274.0K
FSA Advisors3,354 sh	3,354	$266.4K
WBI INVESTMENTS3,342 sh	3,342	$265.5K
ATLANTIC FAMILY WEALTH3,106 sh	3,106	$246.7K
Golden State Equity Partners3,052 sh	3,052	$242.5K
PATTON FUND MANAGEMENT2,950 sh	2,950	$234.3K
OLD NATIONAL BANCORP2,878 sh	2,878	$228.6K
IFS Group2,798 sh	2,798	$222.3K
Banco BTG Pactual S.A.2,757 sh	2,757	$219.0K
Walker Asset Management2,747 sh	2,747	$218.2K
Centiva Capital2,708 sh	2,708	$215.1K
Alchemi Wealth2,689 sh	2,689	$213.7K
CAMBIENT FAMILY OFFICE2,670 sh	2,670	$213.7K
INSIGNEO ADVISORY SERVICES2,579 sh	2,579	$204.9K
Impact Capital Partners2,538 sh	2,538	$201.6K
FORTRESS FINANCIAL GROUP2,536 sh	2,536	$201.5K
True Link Financial Advisors2,437 sh	2,437	$193.6K
Whipplewood Advisors2,346 sh	2,346	$186.4K
Opal Wealth Advisors2,102 sh	2,102	$167.0K
Optiver Holding B.V.1,664 sh	1,664	$132.2K
Wall Street Financial Group1,569 sh	1,569	$124.6K
Root Financial Partners1,541 sh	1,541	$122.4K
Capula Management Ltd1,444 sh	1,444	$114.7K
Aster Capital Management (DIFC) Ltd1,405 sh	1,405	$99.5K
Global Assets Advisory1,210 sh	1,210	$96.1K
Timothy G. Youngquist 2020 Irrevocable877 sh	877	$69.7K
Addison Advisors857 sh	857	$68.1K
Annis Gardner Whiting Capital Advisors698 sh	698	$55.8K
TWIN PEAKS WEALTH ADVISORS637 sh	637	$50.6K
CURIO WEALTH345 sh	345	$27.4K
Missouri & Investment250 sh	250	$19.9K
Global Wealth Strategies & Associates228 sh	228	$18.1K
Scarborough Advisors200 sh	200	$15.9K
YANKCOM Partnership136 sh	136	$10.8K
Legacy Wealth Managment132 sh	132	$10.5K
DAGCO118 sh	118	$9.4K
Clayton Financial Group99 sh	99	$7.9K
Networth Advisors80 sh	80	$6.4K
Security National Bank55 sh	55	$4.4K
Destiny Wealth Partners55 sh	55	$4.4K
Magnolia Wealth Management45 sh	45	$3.6K
Rakuten Securities40 sh	40	$3.2K
Portus Wealth Advisors20 sh	20	$1.6K
Intentional Wealth Strategies11 sh	11	$874.00
TopTier Wealth Management9 sh	9	$715.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.