XCEL ENERGY INC XEL
COM · Common Stock · CUSIP 98389B100 · ISIN US98389B1008
American utilities company
- SectorUtilities
- IndustryElectric & Other Services Combined
- HeadquartersMinneapolis, MN
- Founded1998
- Websitemy.xcelenergy.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 ($217.6m this quarter). Holder counts are more reliable. Shares outstanding: 551.8m as of 2023-10-24, 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 ≈ $61.98. Options: 16 managers hold calls ($155.1m notional), 17 hold puts ($32.9m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 937 |
| Q4 2022 | 983 |
| Q1 2023 | 971 |
| Q2 2023 | 963 |
| Q3 2023 | 928 |
| Q4 2023 | 1,019 |
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 2022 | 446 | 366 |
| Q1 2023 | 450 | 386 |
| Q2 2023 | 411 | 432 |
| Q3 2023 | 439 | 412 |
| Q4 2023 | 479 | 394 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $101.1m | $14.4m | 0.14 |
| Q2 2023 | $65.9m | $10.5m | 0.16 |
| Q3 2023 | $94.7m | $32.4m | 0.34 |
| Q4 2023 | $155.1m | $32.9m | 0.21 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +17.5m |
| VANGUARD GROUP INC | Added | +7.9m |
| MORGAN STANLEY | Added | +6.6m |
| GOLDMAN SACHS GROUP INC | Added | +2.1m |
| ExodusPoint Capital Management, LP | New | +1.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +1.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.5m |
| JENNISON ASSOCIATES LLC | Added | +942.1k |
| FEDERATED HERMES, INC. | Added | +915.0k |
| Man Group plc | New | +826.9k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -4.8m |
| Balyasny Asset Management L.P. | Reduced | -1.5m |
| Verition Fund Management LLC | Reduced | -1.2m |
| Man Group plc | Sold out | -1.0m |
| Point72 Asset Management, L.P. | Reduced | -970.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -809.1k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -781.6k |
| Aristotle Capital Management, LLC | Reduced | -689.5k |
| HSBC HOLDINGS PLC | Reduced | -657.0k |
| HITE Hedge Asset Management LLC | Reduced | -580.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $49.9m806.4k shares |
| Parallax Volatility Advisers, L.P. | Added | $31.7m512.2k shares |
| Balyasny Asset Management L.P. | New | $30.1m486.5k shares |
| Twin Tree Management, LP | Added | $22.2m358.9k shares |
| CITADEL ADVISORS LLC | Reduced | $6.9m111.6k shares |
| BANK OF AMERICA CORP /DE/ | New | $4.2m68.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.8m45.5k shares |
| Cubist Systematic Strategies, LLC | Reduced | $2.0m32.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.4m22.0k shares |
| PEAK6 Investments LLC | Added | $1.2m20.0k shares |
Biggest puts
| CAPITAL FUND MANAGEMENT S.A. | Added | $8.0m129.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.5m73.0k shares |
| CITADEL ADVISORS LLC | Added | $4.5m72.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.4m71.7k shares |
| GROUP ONE TRADING LLC | Reduced | $2.3m36.6k shares |
| GTS SECURITIES LLC | Added | $2.2m36.0k shares |
| PEAK6 Investments LLC | Added | $1.6m26.0k shares |
| Cubist Systematic Strategies, LLC | Reduced | $1.6m25.1k shares |
| Walleye Trading LLC | Added | $978.2k15.8k shares |
| WOLVERINE TRADING, LLC | Added | $959.6k15.5k 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 | 7.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.6% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRICE T ROWE ASSOCIATES INC /MD/ (4.7%, 2025-11-14)
Insider purchases and sales in Q4 2023
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 |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 3 | $1.3m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $77.9k | — |
| Q1 2023 | 0 | — | 1 | $47.9k | — |
| Q2 2023 | 0 | — | 2 | $3.2m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.10% of their portfolio | 72.0m $4.5bn | Added +7.9m |
| BlackRock Inc. 0.08% of their portfolio | 50.0m $3.1bn | Reduced -554.8k |
| JPMORGAN CHASE & CO 0.14% of their portfolio | 42.9m $2.7bn | Added +17.5m |
| STATE STREET CORP 0.09% of their portfolio | 29.4m $1.8bn | Added +613.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.40% of their portfolio | 20.0m $1.2bn | Added +1.5m |
| T. Rowe Price Investment Management, Inc. 0.67% of their portfolio | 16.7m $1.0bn | Reduced -4.8m |
| Aristotle Capital Management, LLC 1.70% of their portfolio | 14.0m $867.7m | Reduced -689.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 13.2m $819.1m | Added +279.0k |
| MORGAN STANLEY 0.03% of their portfolio | 12.0m $744.1m | Added +6.6m |
| ROYAL BANK OF CANADA 0.13% of their portfolio | 8.6m $529.6m | Added +153.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.51% of their portfolio | 7.8m $480.8m | Added +261.4k |
| WELLS FARGO & COMPANY/MN 0.12% of their portfolio | 7.1m $441.1m | Reduced -27.8k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 6.8m $420.7m | Added +2.1m |
| Legal & General Group Plc 0.11% of their portfolio | 5.6m $345.2m | Added +119.4k |
| NORTHERN TRUST CORP 0.06% of their portfolio | 5.5m $343.5m | Reduced -191.3k |
| Invesco Ltd. 0.08% of their portfolio | 5.4m $333.2m | Added +78.8k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.5m $278.9m | Added +227.5k |
| MILLENNIUM MANAGEMENT LLC 0.25% of their portfolio | 4.3m $268.4m | Added +1.5m |
| Mitsubishi UFJ Trust & Banking Corp 0.60% of their portfolio | 4.1m $254.5m | Added +503.7k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 4.1m $252.7m | Reduced -65.7k |
| Capital Research Global Investors 0.05% of their portfolio | 3.4m $209.2m | Reduced -688 |
| California Public Employees Retirement System 0.16% of their portfolio | 3.4m $207.7m | Reduced -46.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 3.2m $196.3m | Added +106.2k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 3.2m $203.8m | Added +104.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.23% of their portfolio | 3.0m $182.6m | Added +86.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.12% of their portfolio | 2.9m $182.1m | Reduced -54.4k |
| Magellan Asset Management Ltd 1.71% of their portfolio | 2.8m $172.1m | Reduced -441.3k |
| Pictet Asset Management Holding SA 0.18% of their portfolio | 2.6m $160.2m | Reduced -219.8k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 2.5m $151.9m | Reduced -45.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.3m $140.3m | Added +117.9k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.54% of their portfolio | 2.1m $128.0m | Added +20.1k |
| FMR LLC 0.01% of their portfolio | 2.0m $121.5m | Added +82.9k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 1.8m $110.8m | Reduced -46.6k |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 1.8m $109.0m | Reduced -71.2k |
| ExodusPoint Capital Management, LP 1.35% of their portfolio | 1.7m $108.3m | New |
| BARCLAYS PLC 0.06% of their portfolio | 1.7m $107.3m | Added +307.6k |
| Swiss National Bank 0.08% of their portfolio | 1.7m $106.8m | Reduced -45.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 1.6m $98.2m | Added +1.1k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.5m $94.2m | Reduced -10.7k |
| REAVES W H & CO INC 3.35% of their portfolio | 1.5m $92.2m | Added +206.3k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 1.5m $89.9m | Added +942.1k |
| MACQUARIE GROUP LTD 0.12% of their portfolio | 1.4m $100.0m | Reduced -206.6k |
| APG Asset Management N.V. 0.14% of their portfolio | 1.3m $73.8m | Added +146.8k |
| Amundi 0.04% of their portfolio | 1.3m $83.0m | Reduced -361.5k |
| PRUDENTIAL FINANCIAL INC 0.12% of their portfolio | 1.3m $80.5m | Added +743.9k |
| FEDERATED HERMES, INC. 0.20% of their portfolio | 1.3m $79.5m | Added +915.0k |
| National Pension Service 0.11% of their portfolio | 1.3m $78.1m | Added +38.3k |
| Russell Investments Group, Ltd. 0.13% of their portfolio | 1.2m $73.4m | Added +181.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.12% of their portfolio | 1.2m $71.2m | Added +316.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 1.1m $70.6m | Added +693.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 1.1m $70.6m | Added +23.2k |
| UBS Group AG 0.03% of their portfolio | 1.1m $67.6m | Added +63.9k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 1.1m $66.2m | Added +80.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.26% of their portfolio | 1.1m $66.5m | Reduced -198.7k |
| NATIONAL BANK OF CANADA /FI/ 0.12% of their portfolio | 1.1m $66.9m | Added +52.3k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.47% of their portfolio | 1.0m $64.2m | Added +16.6k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 995.4k $61.6m | Reduced -4.2k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 970.3k $60.0m | Reduced -657.0k |
| Energy Income Partners, LLC 1.27% of their portfolio | 954.8k $59.1m | Added +385.8k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 936.1k $58.0m | Reduced -4.2k |
| LPL Financial LLC 0.03% of their portfolio | 899.6k $55.7m | Added +208.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 894.1k $55.7m | Reduced -82.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 868.1k $53.7m | Reduced -305.7k |
| Man Group plc 0.15% of their portfolio | 826.9k $51.2m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 820.3k $50.8m | Added +326.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.70% of their portfolio | 807.2k $50.0m | Reduced -8.7k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 791.8k $49.0m | Reduced -19.1k |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 790.4k $48.9m | Reduced -3.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 768.6k $47.6m | Reduced -24.2k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 764.4k $47.3m | Added +7.0k |
| GREAT LAKES ADVISORS, LLC 0.44% of their portfolio | 749.1k $46.4m | Reduced -273.3k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 740.8k $45.9m | Added +28.3k |
| Ceredex Value Advisors LLC 0.80% of their portfolio | 734.7k $45.9m | Reduced -229.8k |
| REGIONS FINANCIAL CORP 0.37% of their portfolio | 720.7k $44.6m | Reduced -51.4k |
| CITIGROUP INC 0.06% of their portfolio | 718.9k $44.5m | Reduced -183.2k |
| BANK OF NOVA SCOTIA 0.08% of their portfolio | 713.3k $44.2m | Added +78.1k |
| Corient Private Wealth LP 0.08% of their portfolio | 686.2k $42.5m | Added +356.5k |
| NFJ INVESTMENT GROUP, LLC 1.16% of their portfolio | 677.5k $41.9m | Added +59.0k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 671.2k $41.6m | Added +358.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.14% of their portfolio | 637.3k $39.5m | Added +592.8k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.07% of their portfolio | 629.6k $39.0m | Added +19.4k |
| Ensign Peak Advisors, Inc 0.08% of their portfolio | 628.1k $38.9m | Reduced -31.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.08% of their portfolio | 597.9k $37.0m | Reduced -6.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 596.7k $37.9m | Added +36.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 584.7k $36.2m | Reduced -213.7k |
| GABELLI FUNDS LLC 0.28% of their portfolio | 580.5k $35.9m | Reduced -4.9k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 555.9k $34.4m | Reduced -3.2k |
| Korea Investment CORP 0.09% of their portfolio | 554.3k $34.3m | Reduced -185.6k |
| ANCHOR CAPITAL ADVISORS LLC 0.89% of their portfolio | 547.6k $33.9m | Reduced -26.3k |
| CIBC Private Wealth Group LLC 0.07% of their portfolio | 544.7k $33.7m | Reduced -91.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 543.1k $33.6m | Reduced -12.5k |
| ProShare Advisors LLC 0.10% of their portfolio | 522.9k $32.4m | Reduced -89.3k |
| OLD REPUBLIC INTERNATIONAL CORP 1.20% of their portfolio | 515.6k $31.9m | Unchanged |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 505.7k $31.3m | Added +190.6k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 477.1k $29.5m | Reduced -53.6k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 470.3k $29.1m | Added +12.6k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.45% of their portfolio | 470.0k $29.1m | Added +29.1k |
| GATEWAY INVESTMENT ADVISERS LLC 0.33% of their portfolio | 452.6k $28.0m | Added +108.4k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 419.1k $25.9m | Added +29.3k |
| PUTNAM INVESTMENTS LLC 0.03% of their portfolio | 407.6k $25.2m | Added +355.5k |