AMERICAN ELEC PWR CO INC AEP
COM · Common Stock · CUSIP 025537101 · ISIN US0255371017
Electric utility company in the United States
* 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 ($358.7m this quarter). Holder counts are more reliable. Shares outstanding: 535.3m as of 2025-10-29, 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 ≈ $112.46. Options: 38 managers hold calls ($536.9m notional), 27 hold puts ($200.9m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,338 |
| Q4 2022 | 1,387 |
| Q1 2023 | 1,356 |
| Q2 2023 | 1,310 |
| Q3 2023 | 1,281 |
| Q4 2023 | 1,352 |
| Q1 2024 | 1,354 |
| Q2 2024 | 1,425 |
| Q3 2024 | 1,497 |
| Q4 2024 | 1,525 |
| Q1 2025 | 1,672 |
| Q2 2025 | 1,638 |
| Q3 2025 | 1,717 |
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 | 578 | 619 |
| Q1 2024 | 656 | 585 |
| Q2 2024 | 681 | 550 |
| Q3 2024 | 700 | 596 |
| Q4 2024 | 678 | 656 |
| Q1 2025 | 904 | 549 |
| Q2 2025 | 800 | 648 |
| Q3 2025 | 898 | 559 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $269.6m | $182.6m | 0.68 |
| Q1 2025 | $495.3m | $215.5m | 0.44 |
| Q2 2025 | $561.9m | $151.3m | 0.27 |
| Q3 2025 | $536.9m | $200.9m | 0.37 |
Biggest buyers
| BARCLAYS PLC | Added | +3.7m |
| JPMORGAN CHASE & CO | Added | +2.9m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +2.8m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.4m |
| AMERIPRISE FINANCIAL INC | Added | +1.3m |
| CITIGROUP INC | Added | +1.2m |
| ANTIPODES PARTNERS Ltd | Added | +1.0m |
| BlackRock, Inc. | Added | +1.0m |
| Point72 Asset Management, L.P. | New | +993.4k |
| Qube Research & Technologies Ltd | Added | +958.1k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -6.0m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -2.9m |
| Zimmer Partners, LP | Reduced | -1.7m |
| GQG Partners LLC | Reduced | -1.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -963.3k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -946.0k |
| TWO SIGMA ADVISERS, LP | Reduced | -894.7k |
| Assenagon Asset Management S.A. | Reduced | -816.8k |
| VANGUARD GROUP INC | Reduced | -799.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $100.5m892.9k shares |
| Twin Tree Management, LP | Reduced | $81.3m723.1k shares |
| JANE STREET GROUP, LLC | Reduced | $70.4m625.8k shares |
| CITADEL ADVISORS LLC | Added | $52.4m466.1k shares |
| PEAK6 LLC | Reduced | $42.3m376.2k shares |
| UBS Group AG | Added | $40.3m358.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $17.0m150.7k shares |
| IMC-Chicago, LLC | Added | $16.8m149.5k shares |
| WOLVERINE TRADING, LLC | New | $15.0m136.8k shares |
| D. E. Shaw & Co., Inc. | Added | $12.4m110.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $50.0m444.2k shares |
| CITADEL ADVISORS LLC | Added | $25.7m228.7k shares |
| UBS Group AG | Unchanged | $15.3m136.1k shares |
| SIMPLEX TRADING, LLC | Added | $11.0m97.7k shares |
| IMC-Chicago, LLC | Added | $11.0m97.6k shares |
| WOLVERINE TRADING, LLC | New | $10.0m91.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $9.9m882 shares |
| Qube Research & Technologies Ltd | Reduced | $9.2m81.8k shares |
| Verition Fund Management LLC | Added | $7.7m68.7k shares |
| CITIGROUP INC | Added | $6.8m60.0k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.5% |
Fell to 5% or below in the last year: 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 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $959.7k | $959.7k |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $3.5m | $3.5m |
| Q3 2025 | 0 | — | 2 | $1.5m | $1.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-12 | FOWKE BENJAMIN G S III Director | Sold plan | $543.2k5.0k shares |
| 2025-08-15 | FOWKE BENJAMIN G S III Director | Sold plan | $560.0k5.0k shares |
| 2025-08-15 | Ferneau Kelly J Executive Vice President | Sold plan | $383.9k3.4k 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 0.09% of their portfolio | 51.7m $5.8bn | Reduced -799.5k |
| BlackRock, Inc. 0.09% of their portfolio | 45.9m $5.2bn | Added +1.0m |
| STATE STREET CORP 0.11% of their portfolio | 28.9m $3.3bn | Added +406.4k |
| GQG Partners LLC 3.27% of their portfolio | 18.9m $2.1bn | Reduced -1.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.33% of their portfolio | 16.6m $1.9bn | Reduced -1.1m |
| MORGAN STANLEY 0.10% of their portfolio | 14.4m $1.6bn | Added +355.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 13.7m $1.5bn | Added +388.3k |
| BARCLAYS PLC 0.44% of their portfolio | 10.6m $1.2bn | Added +3.7m |
| Dodge & Cox 0.58% of their portfolio | 9.5m $1.1bn | Reduced -48.9k |
| Invesco Ltd. 0.13% of their portfolio | 7.4m $829.7m | Reduced -427.0k |
| ROYAL BANK OF CANADA 0.14% of their portfolio | 6.9m $776.3m | Reduced -6.0m |
| AMERIPRISE FINANCIAL INC 0.16% of their portfolio | 6.1m $684.8m | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 5.9m $658.4m | Added +417.6k |
| Nuveen, LLC 0.17% of their portfolio | 5.6m $634.2m | Added +153.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.6m $627.8m | Added +2.9m |
| VICTORY CAPITAL MANAGEMENT INC 0.35% of their portfolio | 5.4m $595.2m | Added +2.8m |
| ALLIANCEBERNSTEIN L.P. 0.19% of their portfolio | 5.2m $587.7m | Added +388.5k |
| Legal & General Group Plc 0.13% of their portfolio | 5.1m $577.1m | Added +217.1k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 4.7m $534.1m | Reduced -7.8k |
| Allspring Global Investments Holdings, LLC 0.85% of their portfolio | 4.7m $528.1m | Reduced -77.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.16% of their portfolio | 4.6m $521.1m | Reduced -158.1k |
| WELLS FARGO & COMPANY/MN 0.10% of their portfolio | 4.3m $486.4m | Reduced -177.1k |
| Soroban Capital Partners LP 3.70% of their portfolio | 4.0m $450.5m | Unchanged |
| FMR LLC 0.02% of their portfolio | 3.9m $433.3m | Reduced -208.1k |
| FEDERATED HERMES, INC. 0.76% of their portfolio | 3.8m $430.5m | Reduced -4.1k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 3.7m $411.1m | Added +30.1k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.7m $410.9m | Added +14.9k |
| Amundi 0.13% of their portfolio | 3.6m $413.8m | Reduced -117.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 3.4m $380.0m | Added +17.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 3.4m $378.0m | Reduced -15.0k |
| RAYMOND JAMES FINANCIAL INC 0.12% of their portfolio | 3.3m $366.5m | Reduced -19.4k |
| CITIGROUP INC 0.25% of their portfolio | 3.2m $365.4m | Added +1.2m |
| UBS Group AG 0.07% of their portfolio | 3.1m $344.2m | Added +641.8k |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 2.6m $286.7m | Added +1.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.3m $255.7m | Reduced -378.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.55% of their portfolio | 2.2m $251.3m | Reduced -439.7k |
| MARSHALL WACE, LLP 0.27% of their portfolio | 2.2m $245.0m | Added +287.5k |
| ANTIPODES PARTNERS Ltd 5.49% of their portfolio | 2.2m $244.8m | Added +1.0m |
| BESSEMER GROUP INC 0.37% of their portfolio | 2.2m $242.9m | Added +396.4k |
| BANK OF MONTREAL /CAN/ 0.10% of their portfolio | 2.0m $228.8m | Added +98.9k |
| HighTower Advisors, LLC 0.25% of their portfolio | 2.0m $222.3m | Added +65.7k |
| FIRST TRUST ADVISORS LP 0.17% of their portfolio | 2.0m $221.7m | Added +880 |
| National Pension Service 0.17% of their portfolio | 1.9m $215.9m | Added +24.9k |
| TWO SIGMA INVESTMENTS, LP 0.31% of their portfolio | 1.8m $199.3m | Added +665.7k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.7m $192.7m | Added +38.8k |
| California Public Employees Retirement System 0.11% of their portfolio | 1.7m $186.0m | Reduced -355.1k |
| Swiss National Bank 0.10% of their portfolio | 1.5m $173.2m | Reduced -76.6k |
| MACQUARIE GROUP LTD 0.20% of their portfolio | 1.5m $167.3m | Reduced -505.8k |
| Capital Research Global Investors 0.03% of their portfolio | 1.5m $165.6m | Added +9.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 1.5m $164.1m | Added +76.6k |
| Qube Research & Technologies Ltd 0.22% of their portfolio | 1.4m $151.9m | Added +958.1k |
| LPL Financial LLC 0.04% of their portfolio | 1.3m $150.4m | Added +77.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 1.3m $150.1m | Added +909.2k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 1.3m $147.3m | Reduced -55.7k |
| Russell Investments Group, Ltd. 0.16% of their portfolio | 1.2m $138.4m | Added +35.7k |
| ICAHN CARL C 1.48% of their portfolio | 1.2m $135.6m | Unchanged |
| Chevy Chase Trust Holdings, LLC 0.37% of their portfolio | 1.2m $132.7m | Added +134.7k |
| JOHNSON INVESTMENT COUNSEL INC 1.10% of their portfolio | 1.2m $131.8m | Added +1.8k |
| HUNTINGTON NATIONAL BANK 0.78% of their portfolio | 1.1m $128.1m | Added +32.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 1.1m $125.3m | Added +53.9k |
| Energy Income Partners, LLC 2.37% of their portfolio | 1.1m $122.8m | Reduced -899 |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 1.1m $119.7m | Reduced -234.2k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.60% of their portfolio | 1.1m $119.3m | Added +30.3k |
| CRAWFORD INVESTMENT COUNSEL INC 1.95% of their portfolio | 1.0m $117.8m | Reduced -153.9k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.0m $116.5m | Reduced -483.9k |
| Mawer Investment Management Ltd. 0.60% of their portfolio | 1.0m $116.5m | Reduced -53.7k |
| PRUDENTIAL FINANCIAL INC 0.14% of their portfolio | 1.0m $114.8m | Added +406.2k |
| STIFEL FINANCIAL CORP 0.10% of their portfolio | 993.8k $111.8m | Added +40.0k |
| Point72 Asset Management, L.P. 0.24% of their portfolio | 993.4k $111.8m | New |
| Zimmer Partners, LP 2.47% of their portfolio | 897.1k $100.9m | Reduced -1.7m |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 889.4k $100.1m | Reduced -24.3k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 1.55% of their portfolio | 851.3k $95.8m | Added +291.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.41% of their portfolio | 846.3k $95.2m | Added +240.7k |
| Empower Advisory Group, LLC 0.26% of their portfolio | 841.8k $94.7m | Added +17.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.12% of their portfolio | 786.9k $88.5m | Added +765.2k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 784.9k $88.3m | Added +737.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio | 783.1k $88.1m | Added +33.9k |
| ZACKS INVESTMENT MANAGEMENT 0.70% of their portfolio | 778.9k $87.6m | Added +3.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 777.4k $87.5m | Reduced -894 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.97% of their portfolio | 762.2k $85.7m | Unchanged |
| Epoch Investment Partners, Inc. 0.47% of their portfolio | 756.7k $85.1m | Reduced -18.4k |
| ProShare Advisors LLC 0.16% of their portfolio | 676.8k $76.1m | Reduced -154.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 671.9k $75.6m | Reduced -38.9k |
| M&T Bank Corp 0.25% of their portfolio | 667.2k $75.1m | Reduced -26.8k |
| Alpha Cubed Investments, LLC 2.61% of their portfolio | 665.6k $74.9m | Added +6.7k |
| COMMERCE BANK 0.41% of their portfolio | 658.8k $74.1m | Added +12.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 649.7k $73.1m | Reduced -2.2k |
| Baird Financial Group, Inc. 0.12% of their portfolio | 647.6k $72.9m | Reduced -4.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 644.7k $72.5m | Added +1.4k |
| First Financial Bankshares Inc 1.46% of their portfolio | 633.1k $71.2m | Added +4.1k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 615.8k $69.3m | Reduced -963.3k |
| GABELLI FUNDS LLC 0.46% of their portfolio | 609.4k $68.6m | Reduced -7.1k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 595.5k $67.0m | Added +90.2k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 562.0k $63.2m | Added +77.1k |
| Bollard Group LLC 1.56% of their portfolio | 560.1k $63.0m | Added +30.4k |
| REGIONS FINANCIAL CORP 0.20% of their portfolio | 558.4k $62.8m | Added +288.6k |
| STRS OHIO 0.23% of their portfolio | 558.1k $62.8m | Added +146.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 514.7k $57.9m | Reduced -38.5k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 514.2k $57.9m | Reduced -408.3k |
| Mariner, LLC 0.07% of their portfolio | 508.8k $57.2m | Added +36.7k |