AMEREN CORP AEE
COM · Common Stock · CUSIP 023608102 · ISIN US0236081024
Electric power and natural gas utility holding company based in St. Louis, Missouri, U.S.
- SectorUtilities
- IndustryElectric & Other Services Combined
- HeadquartersSt Louis, MO
- Founded1997
- Websiteameren.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($104.5m this quarter). Holder counts are more reliable. Shares outstanding: 270.5m as of 2025-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $104.34. Options: 10 managers hold calls ($15.4m notional), 6 hold puts ($4.1m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 657 |
| Q4 2022 | 681 |
| Q1 2023 | 674 |
| Q2 2023 | 677 |
| Q3 2023 | 671 |
| Q4 2023 | 683 |
| Q1 2024 | 661 |
| Q2 2024 | 663 |
| Q3 2024 | 684 |
| Q4 2024 | 737 |
| Q1 2025 | 810 |
| Q2 2025 | 801 |
| Q3 2025 | 825 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 264 | 323 |
| Q1 2024 | 276 | 325 |
| Q2 2024 | 297 | 277 |
| Q3 2024 | 332 | 269 |
| Q4 2024 | 367 | 253 |
| Q1 2025 | 436 | 266 |
| Q2 2025 | 427 | 309 |
| Q3 2025 | 421 | 289 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $13.5m | $7.5m | 0.55 |
| Q1 2025 | $12.5m | $11.4m | 0.91 |
| Q2 2025 | $15.3m | $4.5m | 0.30 |
| Q3 2025 | $15.4m | $4.1m | 0.27 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +5.7m |
| ANTIPODES PARTNERS Ltd | Added | +1.4m |
| T. Rowe Price Investment Management, Inc. | Added | +1.2m |
| Homestead Advisers Corp | New | +734.0k |
| REAVES W H & CO INC | Added | +510.2k |
| STATE STREET CORP | Added | +328.4k |
| BlackRock, Inc. | Added | +323.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +246.2k |
| Squarepoint Ops LLC | Added | +239.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +222.9k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -2.3m |
| Point72 Asset Management, L.P. | Sold out | -923.5k |
| ExodusPoint Capital Management, LP | Reduced | -677.3k |
| Caisse de depot et placement du Quebec | Reduced | -595.5k |
| COHEN & STEERS, INC. | Reduced | -575.1k |
| VANGUARD GROUP INC | Reduced | -433.0k |
| UBS Group AG | Reduced | -345.3k |
| Ceredex Value Advisors LLC | Reduced | -338.0k |
| ROYAL BANK OF CANADA | Reduced | -328.8k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -310.5k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $5.0m48.0k shares |
| JANE STREET GROUP, LLC | Added | $4.4m42.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.6m25.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $2.2m21.0k shares |
| WOLVERINE TRADING, LLC | New | $890.5k8.6k shares |
| Walleye Capital LLC | Reduced | $114.8k1.1k shares |
| GROUP ONE TRADING LLC | Reduced | $93.9k900 shares |
| BARCLAYS PLC | New | $20.9k200 shares |
| Walleye Trading LLC | Reduced | $20.9k200 shares |
| SIMPLEX TRADING, LLC | Reduced | $20.0k200 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.9m17.9k shares |
| JANE STREET GROUP, LLC | New | $1.6m15.6k shares |
| Walleye Capital LLC | Reduced | $501.0k4.8k shares |
| Walleye Trading LLC | New | $83.5k800 shares |
| SIMPLEX TRADING, LLC | Added | $41.0k400 shares |
| MIZUHO MARKETS AMERICAS LLC | Added | $536585.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution filed 2026-02-17 | 8.1% |
| BlackRock, Inc. 13G · institution filed 2026-01-21 | 8.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.7% |
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 5.2% |
Fell to 5% or below in the last year: T. Rowe Price Investment Management, Inc. (2.7%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 2 | $367.2k | $250.7k |
| Q1 2024 | 0 | — | 1 | $514.0k | $514.0k |
| Q2 2024 | 0 | — | 1 | $106.9k | — |
| Q3 2024 | 0 | — | 2 | $668.4k | $536.4k |
| Q4 2024 | 0 | — | 1 | $599.0k | $599.0k |
| Q1 2025 | 0 | — | 6 | $3.3m | $2.2m |
| Q2 2025 | 0 | — | 1 | $641.0k | $641.0k |
| Q3 2025 | 0 | — | 1 | $666.5k | $666.5k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-12 | Lindgren Mark C EVP & Chief HR Officer of Sub | Sold | $353.1k3.5k shares |
| 2025-09-03 | Mizell Gwendolyn G SVP & CSO of Subsidiary | Sold | $149.2k1.5k shares |
| 2025-08-22 | Mizell Gwendolyn G SVP & CSO of Subsidiary | Sold | $101.8k1.0k shares |
| 2025-08-01 | MOEHN MICHAEL L Sr Executive VP & CFO | Sold plan | $666.5k6.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 35.1m $3.7bn | Reduced -433.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.32% of their portfolio | 28.6m $3.0bn | Reduced -230.5k |
| BlackRock, Inc. 0.04% of their portfolio | 21.8m $2.3bn | Added +323.7k |
| T. Rowe Price Investment Management, Inc. 0.99% of their portfolio | 15.5m $1.6bn | Added +1.2m |
| STATE STREET CORP 0.05% of their portfolio | 14.0m $1.5bn | Added +328.4k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 8.2m $851.9m | Added +5.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 7.3m $761.9m | Added +86.1k |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 6.3m $655.9m | Added +60.5k |
| Invesco Ltd. 0.08% of their portfolio | 5.1m $536.5m | Added +49.3k |
| FMR LLC 0.03% of their portfolio | 4.8m $505.3m | Reduced -278.6k |
| JANUS HENDERSON GROUP PLC 0.23% of their portfolio | 4.7m $493.1m | Added +40.4k |
| ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio | 3.4m $352.6m | Added +116.8k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 3.2m $332.2m | Reduced -2.3m |
| WELLS FARGO & COMPANY/MN 0.06% of their portfolio | 3.0m $317.5m | Reduced -42.1k |
| MORGAN STANLEY 0.02% of their portfolio | 2.9m $302.1m | Reduced -43.0k |
| BESSEMER GROUP INC 0.44% of their portfolio | 2.8m $289.7m | Reduced -28.2k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 2.4m $245.3m | Reduced -16.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 2.3m $240.2m | Reduced -73.0k |
| Nuveen, LLC 0.06% of their portfolio | 2.2m $232.3m | Reduced -167.2k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.2m $224.6m | Reduced -149.2k |
| Legal & General Group Plc 0.05% of their portfolio | 2.1m $221.3m | Reduced -139.9k |
| Pictet Asset Management Holding SA 0.21% of their portfolio | 2.1m $215.0m | Reduced -177.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 1.8m $186.6m | Added +79.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.7m $181.1m | Reduced -3.4k |
| COHEN & STEERS, INC. 0.29% of their portfolio | 1.6m $162.6m | Reduced -575.1k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.5m $160.8m | Reduced -175 |
| JENNISON ASSOCIATES LLC 0.09% of their portfolio | 1.5m $153.2m | Reduced -203.7k |
| ANTIPODES PARTNERS Ltd 3.21% of their portfolio | 1.4m $143.1m | Added +1.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.3m $134.3m | Reduced -238.8k |
| BARCLAYS PLC 0.05% of their portfolio | 1.3m $134.1m | Added +53.2k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.48% of their portfolio | 1.3m $130.7m | Reduced -144.8k |
| Soroban Capital Partners LP 1.07% of their portfolio | 1.2m $130.3m | Reduced -130.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.1m $114.0m | Added +22.3k |
| ExodusPoint Capital Management, LP 1.44% of their portfolio | 986.3k $103.0m | Reduced -677.3k |
| REAVES W H & CO INC 1.79% of their portfolio | 964.0k $100.6m | Added +510.2k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 930.8k $97.2m | Added +28.3k |
| UBS Group AG 0.02% of their portfolio | 929.4k $97.0m | Reduced -345.3k |
| California Public Employees Retirement System 0.05% of their portfolio | 846.8k $88.4m | Reduced -166.8k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 805.3k $84.1m | Added +67.9k |
| Squarepoint Ops LLC 0.18% of their portfolio | 803.5k $83.9m | Added +239.7k |
| Swiss National Bank 0.05% of their portfolio | 795.1k $83.0m | Reduced -22.7k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 779.3k $81.3m | Reduced -74.6k |
| Zimmer Partners, LP 1.91% of their portfolio | 749.3k $78.2m | Reduced -6.0k |
| Homestead Advisers Corp 1.82% of their portfolio | 734.0k $76.6m | New |
| HITE Hedge Asset Management LLC 4.05% of their portfolio | 714.7k $74.6m | Added +54.8k |
| Caisse de depot et placement du Quebec 0.13% of their portfolio | 702.4k $73.3m | Reduced -595.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 665.3k $69.4m | Added +12.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 618.7k $64.6m | Added +45.0k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.29% of their portfolio | 555.5k $58.0m | Added +35.9k |
| UniSuper Management Pty Ltd 0.35% of their portfolio | 545.2k $56.9m | Reduced -114.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 543.7k $56.8m | Added +27.5k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 493.0k $51.3m | Added +222.9k |
| Ceredex Value Advisors LLC 1.17% of their portfolio | 483.8k $50.5m | Reduced -338.0k |
| GABELLI FUNDS LLC 0.34% of their portfolio | 483.1k $50.4m | Reduced -4.9k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 471.9k $49.3m | Added +4.3k |
| Amundi 0.02% of their portfolio | 469.4k $49.2m | Added +149.5k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 446.7k $46.6m | Added +514 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 391.0k $40.8m | Added +120.8k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 389.1k $40.6m | Added +200.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 384.6k $40.1m | Reduced -328.8k |
| CIBC Private Wealth Group LLC 0.07% of their portfolio | 377.9k $39.4m | Reduced -55.4k |
| GATEWAY INVESTMENT ADVISERS LLC 0.35% of their portfolio | 344.3k $35.9m | Reduced -2.7k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 340.3k $35.5m | Added +15.5k |
| National Pension Service 0.03% of their portfolio | 335.3k $35.0m | Added +2.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 331.9k $34.6m | Added +8.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 317.4k $33.1m | Reduced -3.4k |
| CITIGROUP INC 0.02% of their portfolio | 308.0k $32.1m | Added +11.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 302.8k $31.6m | Added +6.9k |
| CHILTON CAPITAL MANAGEMENT LLC 1.06% of their portfolio | 300.4k $31.4m | Added +5.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 296.0k $30.7m | Reduced -19.4k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 295.3k $30.8m | Reduced -74.5k |
| Energy Income Partners, LLC 0.59% of their portfolio | 290.9k $30.4m | Added +1.1k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 280.8k $29.3m | Added +13.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.13% of their portfolio | 279.1k $29.1m | Added +181.5k |
| Hudson Bay Capital Management LP 0.18% of their portfolio | 278.0k $29.0m | Reduced -75.4k |
| Yaupon Capital Management LP 1.46% of their portfolio | 270.9k $28.3m | Reduced -189.0k |
| APG Asset Management N.V. 0.07% of their portfolio | 261.4k $23.2m | Added +1.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 250.1k $26.1m | Reduced -5.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 246.2k $25.7m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 242.9k $25.4m | Reduced -56 |
| Magellan Asset Management Ltd 0.28% of their portfolio | 225.7k $23.6m | Added +15.8k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 215.4k $22.5m | Added +6.2k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 212.4k $22.2m | Added +3.9k |
| Korea Investment CORP 0.05% of their portfolio | 210.4k $22.0m | Reduced -3.2k |
| Verition Fund Management LLC 0.12% of their portfolio | 203.4k $21.2m | Added +193.5k |
| Northwest & Ethical Investments L.P. 0.49% of their portfolio | 197.3k $20.6m | Added +32.5k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 193.7k $20.2m | Reduced -61.3k |
| BRAUN STACEY ASSOCIATES INC 0.65% of their portfolio | 189.1k $19.7m | Added +1.3k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 185.0k $19.2m | Added +1.1k |
| COMMERCE BANK 0.11% of their portfolio | 182.4k $19.0m | Added +23.0k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 181.7k $19.0m | Added +85.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 179.9k $18.8m | Added +16.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 173.8k $18.1m | Added +1.8k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 169.2k $17.5m | Added +7.3k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 167.9k $17.5m | Reduced -16.7k |
| SummitTX Capital, L.P. 0.69% of their portfolio | 159.8k $16.7m | Reduced -20.6k |
| TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio | 155.8k $16.3m | Added +29.3k |
| Stack Financial Management, Inc 1.35% of their portfolio | 155.6k $16.2m | Added +497 |
| Asset Management One Co., Ltd. 0.05% of their portfolio | 155.0k $16.2m | Added +11.5k |
| Empire Life Investments Inc. 0.94% of their portfolio | 154.4k $16.1m | Added +132 |