L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
15 Dec 2025
latest of these filings; the earliest 29 Oct 2025
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 10 listed it in both
Shares listed
74,492,102
combined, among listed positions
Reported value
$6.0bn
combined, at the quarter end

Among the 95 comparable managers: 13 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing XEL in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

17 of 17 holders

ActionFiling
T. Rowe Price Associates Inc27,922,775$2.3bn0.24%Trimmed-3,716,44314 Nov 2025 (the filing on sec.gov)
MFS Investment Management19,526,873$1.6bn0.49%Added+807,35329 Oct 2025 (the filing on sec.gov)
Invesco Ltd7,782,869$628m0.10%Added+416,44713 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)6,418,441$518munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors3,496,842$282m0.05%Added+52,67013 Nov 2025 (the filing on sec.gov)
Millennium Management LLC1,999,753$161m0.07%Addedn.a.14 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC1,077,670$87m0.06%Trimmed-431,97314 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,073,177$87munder 0.1%Trimmed-31,66314 Nov 2025 (the filing on sec.gov)
Point72 Asset Management LP959,616$77m0.13%Newnew14 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC939,960$76m0.10%Trimmed-776,39114 Nov 2025 (the filing on sec.gov)
Freestone Grove Partners LP856,828$69m0.52%Added+252,95214 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP785,952$63m0.06%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC678,954$55m0.23%Added+514,92814 Nov 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP513,504$41m0.14%Added+326,51315 Dec 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP365,175$29m0.30%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP65,394$5.3munder 0.1%Newnew13 Nov 2025 (the filing on sec.gov)
Winton Group Ltd28,319$2.3m0.09%Newnew13 Nov 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q2 2025 to Q3 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
14 in Q3 2024 to 20 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
XEL by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201310$1.4bnn.a.n.a.
Q3 20136$1.4bnn.a.n.a.
Q4 201310$1.6bnn.a.n.a.
Q1 201411$2.4bnn.a.n.a.
Q2 20146$2.3bnn.a.n.a.
Q3 201412$2.2bnn.a.n.a.
Q4 201411$2.4bnn.a.n.a.
Q1 201510$1.7bnn.a.n.a.
Q2 201510$1.9bnn.a.n.a.
Q3 201512$2.2bnn.a.n.a.
Q4 201510$2.5bnn.a.n.a.
Q1 201615$2.7bnn.a.n.a.
Q2 201614$3.0bnn.a.n.a.
Q3 201617$2.6bnn.a.n.a.
Q4 201615$2.7bnn.a.n.a.
Q1 201712$3.0bnn.a.n.a.
Q2 201717$2.9bnn.a.n.a.
Q3 201717$2.9bnn.a.n.a.
Q4 201715$2.7bnn.a.n.a.
Q1 201817$2.5bnn.a.n.a.
Q2 201816$2.5bnn.a.n.a.
Q3 201813$2.7bnn.a.n.a.
Q4 201820$3.0bnn.a.n.a.
Q1 201914$3.2bnn.a.n.a.
Q2 201911$3.1bnn.a.n.a.
Q3 201912$2.9bnn.a.n.a.
Q4 201910$2.4bnn.a.n.a.
Q1 202017$2.8bnn.a.n.a.
Q2 202014$3.1bnn.a.n.a.
Q3 202013$2.8bnn.a.n.a.
Q4 202014$2.6bnn.a.n.a.
Q1 202112$2.3bnn.a.n.a.
Q2 202112$2.3bnn.a.n.a.
Q3 202112$2.2bnn.a.n.a.
Q4 202119$3.3bnn.a.n.a.
Q1 202220$3.4bnn.a.n.a.
Q2 202212$2.6bnn.a.n.a.
Q3 202217$2.1bnn.a.n.a.
Q4 202217$2.2bnn.a.n.a.
Q1 202314$2.0bnn.a.n.a.
Q2 202314$2.0bnn.a.n.a.
Q3 202316$2.3bnn.a.n.a.
Q4 202313$2.4bn77
Q1 202418$2.5bn135
Q2 202415$2.5bn106
Q3 202414$3.4bn115
Q4 202415$4.2bn122
Q1 202513$4.3bn77
Q2 202511$4.6bn92
Q3 202517$6.0bn134
Q4 202515$5.9bn2213
Q1 202620$7.3bn1621
Q2 202620$7.7bn2412

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

XEL and SO →XEL and D →XEL and NEE →Choose a stock to compare with XEL →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own XEL, latest filings →Back to the 13F Explorer →