Which funds own AEP
American Elec PWR Co Inc in the Q2 2026 filings. At least 18 of the 91 current managers on file reported a position, worth $8.7bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 13 managers opened or added against 5 cutting.
- Managers holding
- 18
- at least, of 91 current
- Combined value
- $8.7bn
- as reported
- Opened
- 3
- new this quarter
- Added to
- 10
- already held
- Trimmed or sold out
- 5
- 0 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Invesco Ltd Long-only · $1264bn book | $2.7bn | 0.2% | 19,527,874 | +$174m+474,577 | Added |
| Wellington Management Group LLP Long-only · $580bn book | $1.9bn | 0.3% | 13,872,005 | +$173m+715,613 | Added |
| Dodge & Cox Value · $191bn book | $1.2bn | 0.6% | 8,674,355 | +$41m-65,480 | Trimmed |
| AllianceBernstein LP Long-only · $302bn book | $708m | 0.2% | 5,398,220 | +$98m+115,003 | Added |
| Millennium Management LLC Multi-strategy · $276bn book | $614m | 0.2% | 4,488,072 | +$70m+336,714 | Added |
| MFS Investment Management Long-only · $315bn book | $573m | 0.2% | 4,176,896 | -$19m-316,562 | Trimmed |
| Janus Henderson Group Ltd Long-only · $245bn book | $294m | 0.1% | 2,149,485 | +$3.2m-69,713 | Trimmed |
| Point72 Asset Management LP Multi-strategy · $90.7bn book | $221m | 0.2% | 1,616,644 | +$138m+984,469 | Added |
| Soroban Capital Partners LP Long/short equity · $47.8bn book | $133m | 0.3% | 969,250 | -$16m-162,273 | Trimmed |
| Soros Fund Management LLC Macro · $8.1bn book | $105m | 1.3% | 768,000 | opened768,000 | New |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $62m | 0.2% | 450,653 | +$23m+154,871 | Added |
| Carl C. Icahn Activist · $8.3bn book | $60m | 0.7% | 434,710 | -$99m-770,590 | Trimmed |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $56m | 0.4% | 409,847 | +$14m+92,104 | Added |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $48m | 0.2% | 346,918 | +$16m+109,732 | Added |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $46m | 0.2% | 334,121 | opened334,121 | New |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $41m | 0.3% | 300,000 | +$40m+291,807 | Added |
| Bridgewater Associates LP Macro · $24.4bn book | $22m | 0.1% | 159,591 | +$15m+107,722 | Added |
| PDT Partners LLC Quantitative · $1.9bn book | $3.5m | 0.2% | 25,900 | opened25,900 | New |
Ownership through time
At least 27 of the 95 managers whose filings are on file listed AEP in Q2 2026, against 19 in Q2 2013. 6 managers more than in Q1 2026: 4 started positions; 2 listed it again.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 19
- Q3 2013: 17
- Q4 2013: 15
- Q1 2014: 19
- Q2 2014: 17
- Q3 2014: 20
- Q4 2014: 13
- Q1 2015: 17
- Q2 2015: 14
- Q3 2015: 17
- Q4 2015: 18
- Q1 2016: 19
- Q2 2016: 18
- Q3 2016: 20
- Q4 2016: 22
- Q1 2017: 20
- Q2 2017: 20
- Q3 2017: 22
- Q4 2017: 21
- Q1 2018: 17
- Q2 2018: 24
- Q3 2018: 21
- Q4 2018: 22
- Q1 2019: 23
- Q2 2019: 22
- Q3 2019: 22
- Q4 2019: 25
- Q1 2020: 27
- Q2 2020: 25
- Q3 2020: 18
- Q4 2020: 18
- Q1 2021: 19
- Q2 2021: 21
- Q3 2021: 21
- Q4 2021: 22
- Q1 2022: 18
- Q2 2022: 19
- Q3 2022: 22
- Q4 2022: 15
- Q1 2023: 19
- Q2 2023: 20
- Q3 2023: 18
- Q4 2023: 15
- Q1 2024: 13
- Q2 2024: 16
- Q3 2024: 18
- Q4 2024: 15
- Q1 2025: 21
- Q2 2025: 19
- Q3 2025: 20
- Q4 2025: 21
- Q1 2026: 21
- Q2 2026: 27
- Q2 2013: $1.5bn
- Q3 2013: $1.7bn
- Q4 2013: $2.0bn
- Q1 2014: $2.2bn
- Q2 2014: $2.4bn
- Q3 2014: $2.2bn
- Q4 2014: $2.8bn
- Q1 2015: $2.6bn
- Q2 2015: $2.5bn
- Q3 2015: $2.8bn
- Q4 2015: $2.7bn
- Q1 2016: $2.9bn
- Q2 2016: $3.7bn
- Q3 2016: $3.6bn
- Q4 2016: $3.7bn
- Q1 2017: $3.9bn
- Q2 2017: $4.2bn
- Q3 2017: $4.0bn
- Q4 2017: $4.6bn
- Q1 2018: $4.5bn
- Q2 2018: $5.1bn
- Q3 2018: $5.1bn
- Q4 2018: $5.4bn
- Q1 2019: $6.1bn
- Q2 2019: $6.6bn
- Q3 2019: $7.0bn
- Q4 2019: $7.5bn
- Q1 2020: $6.3bn
- Q2 2020: $6.6bn
- Q3 2020: $7.5bn
- Q4 2020: $7.4bn
- Q1 2021: $7.7bn
- Q2 2021: $6.6bn
- Q3 2021: $5.3bn
- Q4 2021: $5.8bn
- Q1 2022: $6.6bn
- Q2 2022: $5.9bn
- Q3 2022: $5.4bn
- Q4 2022: $5.5bn
- Q1 2023: $5.6bn
- Q2 2023: $5.0bn
- Q3 2023: $4.6bn
- Q4 2023: $5.0bn
- Q1 2024: $5.5bn
- Q2 2024: $5.7bn
- Q3 2024: $6.9bn
- Q4 2024: $5.2bn
- Q1 2025: $7.8bn
- Q2 2025: $6.2bn
- Q3 2025: $6.8bn
- Q4 2025: $8.1bn
- Q1 2026: $9.3bn
- Q2 2026: $10.6bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Fidelity (FMR LLC)6,079,338 to 9,302,934 shares+$441m
- Point72 Asset Management LP632,175 to 1,616,644 shares+$135m
- Soros Fund Management LLCnew: 768,000 shares+$105m
- Wellington Management Group LLP13,156,392 to 13,872,005 shares+$98m
- Invesco Ltd19,053,297 to 19,527,874 shares+$65m
Largest decreases, by shares
- Carl C. Icahn1,205,300 to 434,710 shares-$105m
- MFS Investment Management4,493,458 to 4,176,896 shares-$43m
- Acadian Asset Management LLC392,679 to 109,802 shares-$39m
- AQR Capital Management LLC1,565,748 to 1,291,088 shares-$38m
- Soroban Capital Partners LP1,131,523 to 969,250 shares-$22m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Invesco Ltd | Q2 2013 | $2.7bn | $2.7bn | |
| Wellington Management Group LLP | Q1 2018 | $2.4bn | $1.9bn | |
| Fidelity (FMR LLC) | Q2 2013 | $1.3bn | $1.3bn | |
| Dodge & Cox | Q1 2024 | $1.2bn | $1.2bn | |
| AllianceBernstein LP | Q2 2013 | $708m | $708m | |
| Millennium Management LLC | Q2 2013 | $614m | $614m | |
| MFS Investment Management | Q2 2013 | $1.1bn | $573m | |
| Janus Henderson Group Ltd | Q2 2013 | $385m | $294m | |
| Point72 Asset Management LP | Q3 2016 | $221m | $221m | |
| Capital Research Global Investors | Q2 2013 | $2.1bn | $206m | |
| AQR Capital Management LLC | Q2 2013 | $420m | $176m | |
| Soroban Capital Partners LP | Q4 2023 | $451m | $133m | |
| Soros Fund Management LLC | Q1 2025 | $105m | $105m | |
| Neuberger Berman Group LLC | Q3 2013 | $388m | $84m | |
| Hudson Bay Capital Management LP | Q4 2024 | $62m | $62m | |
| T. Rowe Price Associates Inc | Q2 2013 | $2.5bn | last listed Q1 2023 | |
| Capital World Investors | Q1 2020 | $1.2bn | last listed Q4 2021 | |
| Renaissance Technologies LLC | Q2 2013 | $456m | last listed Q3 2025 | |
| Citadel Advisors LLC | Q4 2016 | $441m | last listed Q2 2025 | |
| Two Sigma Investments LP | Q2 2013 | $199m | last listed Q3 2025 | |
| Jane Street Group LLC | Q3 2014 | $173m | last listed Q2 2023 | |
| Two Sigma Advisers LP | Q2 2013 | $133m | last listed Q3 2025 | |
| Balyasny Asset Management LLC | Q3 2015 | $119m | last listed Q1 2025 | |
| D. E. Shaw & Co. | Q2 2013 | $113m | last listed Q1 2024 | |
| Holocene Advisors LP | Q2 2018 | $79m | last listed Q2 2025 |
What AEP is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around AEP →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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