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 ($204.3m this quarter). Holder counts are more reliable. Shares outstanding: 555.6m as of 2024-04-22, 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 ≈ $53.85. Options: 24 managers hold calls ($129.8m notional), 25 hold puts ($120.2m).
Trends to Q1 2024
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 |
| Q1 2024 | 981 |
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 |
| Q1 2024 | 429 | 514 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $65.9m | $10.5m | 0.16 |
| Q3 2023 | $94.7m | $32.4m | 0.34 |
| Q4 2023 | $155.1m | $32.9m | 0.21 |
| Q1 2024 | $129.8m | $120.2m | 0.93 |
Biggest buyers
| MORGAN STANLEY | Added | +15.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +6.7m |
| STATE STREET CORP | Added | +3.2m |
| FRANKLIN RESOURCES INC | Added | +2.7m |
| Qube Research & Technologies Ltd | Added | +2.5m |
| Man Group plc | Added | +2.3m |
| JUPITER ASSET MANAGEMENT LTD | New | +1.5m |
| HSBC HOLDINGS PLC | Added | +1.5m |
| FMR LLC | Added | +1.4m |
| CITADEL ADVISORS LLC | Added | +1.3m |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -16.5m |
| ROYAL BANK OF CANADA | Reduced | -5.6m |
| JPMORGAN CHASE & CO | Reduced | -4.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.0m |
| ExodusPoint Capital Management, LP | Reduced | -1.6m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| BlackRock Inc. | Reduced | -1.2m |
| REAVES W H & CO INC | Reduced | -1.1m |
| Pictet Asset Management Holding SA | Reduced | -979.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $41.3m769.1k shares |
| Squarepoint Ops LLC | New | $14.5m270.5k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $14.5m270.4k shares |
| GOLDMAN SACHS GROUP INC | New | $12.2m226.7k shares |
| Twin Tree Management, LP | Reduced | $8.2m153.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $8.2m152.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.1m132.1k shares |
| UBS Group AG | New | $6.9m128.4k shares |
| Cubist Systematic Strategies, LLC | Added | $5.0m93.6k shares |
| WELLS FARGO & COMPANY/MN | New | $1.9m36.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.6m364.4k shares |
| CITADEL ADVISORS LLC | Added | $13.8m257.4k shares |
| SIMPLEX TRADING, LLC | Added | $9.6m177.9k shares |
| UBS Group AG | New | $9.0m166.8k shares |
| BANK OF AMERICA CORP /DE/ | New | $8.0m149.5k shares |
| PEAK6 Investments LLC | Added | $7.9m146.3k shares |
| WOLVERINE TRADING, LLC | Added | $6.9m128.0k shares |
| ROYAL BANK OF CANADA | New | $6.2m115.3k shares |
| GROUP ONE TRADING LLC | Added | $6.1m113.1k shares |
| Cubist Systematic Strategies, LLC | Added | $6.1m113.1k 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 72.1m $3.9bn | Added +107.6k |
| BlackRock Inc. 0.06% of their portfolio | 48.8m $2.6bn | Reduced -1.2m |
| JPMORGAN CHASE & CO 0.09% of their portfolio | 38.8m $2.1bn | Reduced -4.1m |
| STATE STREET CORP 0.08% of their portfolio | 32.6m $1.8bn | Added +3.2m |
| MORGAN STANLEY 0.04% of their portfolio | 27.0m $1.4bn | Added +15.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.28% of their portfolio | 17.2m $924.8m | Reduced -2.8m |
| Aristotle Capital Management, LLC 1.42% of their portfolio | 14.2m $763.6m | Added +190.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 13.8m $744.3m | Added +604.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.42% of their portfolio | 8.1m $433.7m | Added +302.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 7.6m $406.0m | Added +6.7m |
| WELLS FARGO & COMPANY/MN 0.09% of their portfolio | 6.2m $335.8m | Reduced -876.7k |
| Invesco Ltd. 0.07% of their portfolio | 6.1m $326.3m | Added +688.0k |
| Legal & General Group Plc 0.09% of their portfolio | 5.6m $302.7m | Added +54.7k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 5.5m $293.1m | Reduced -1.3m |
| NORTHERN TRUST CORP 0.05% of their portfolio | 5.3m $282.2m | Reduced -297.0k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 5.1m $274.9m | Added +2.7m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.8m $259.0m | Added +312.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.51% of their portfolio | 4.2m $223.3m | Added +74.7k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 3.8m $206.3m | Reduced -244.0k |
| California Public Employees Retirement System 0.13% of their portfolio | 3.5m $186.0m | Added +105.6k |
| Capital Research Global Investors 0.04% of their portfolio | 3.4m $181.7m | Added +1.7k |
| FMR LLC 0.01% of their portfolio | 3.4m $181.5m | Added +1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 3.2m $172.6m | Added +39.1k |
| Man Group plc 0.45% of their portfolio | 3.1m $168.2m | Added +2.3m |
| Magellan Asset Management Ltd 1.54% of their portfolio | 3.0m $160.9m | Added +213.7k |
| Qube Research & Technologies Ltd 0.29% of their portfolio | 2.9m $158.4m | Added +2.5m |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.9m $157.6m | Reduced -5.6m |
| NORDEA INVESTMENT MANAGEMENT AB 0.18% of their portfolio | 2.8m $151.5m | Reduced -129.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 2.6m $138.9m | Reduced -356.1k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 2.5m $131.7m | Added +1.5m |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 2.4m $140.4m | Reduced -717.5k |
| Amundi 0.06% of their portfolio | 2.4m $128.8m | Added +1.1m |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 2.3m $125.4m | Reduced -2.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 2.3m $122.2m | Added +7.5k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.41% of their portfolio | 2.2m $117.4m | Added +115.4k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 1.9m $99.6m | Added +92.1k |
| UBS Group AG 0.03% of their portfolio | 1.8m $99.3m | Added +756.4k |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 1.8m $97.7m | Added +415.4k |
| BARCLAYS PLC 0.04% of their portfolio | 1.8m $96.9m | Added +69.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.7m $90.3m | Added +158.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.7m $89.2m | Reduced -130.5k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.7m $89.1m | Added +721.9k |
| Swiss National Bank 0.06% of their portfolio | 1.7m $88.8m | Reduced -72.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 1.6m $87.4m | Added +38.7k |
| Pictet Asset Management Holding SA 0.09% of their portfolio | 1.6m $86.5m | Reduced -979.5k |
| JUPITER ASSET MANAGEMENT LTD 0.77% of their portfolio | 1.5m $80.3m | New |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 1.4m $75.5m | Added +1.3m |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 1.4m $73.2m | Reduced -90.5k |
| APG Asset Management N.V. 0.12% of their portfolio | 1.3m $66.9m | Added +28.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 1.3m $70.8m | Added +176.5k |
| National Pension Service 0.08% of their portfolio | 1.3m $69.4m | Added +30.0k |
| Verition Fund Management LLC 0.63% of their portfolio | 1.2m $65.8m | Added +1.1m |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.2m $65.4m | Added +31.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.41% of their portfolio | 1.1m $59.4m | Added +68.7k |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 1.1m $58.1m | Reduced -203.7k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 1.1m $57.1m | Reduced -12.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 1.0m $55.8m | Reduced -102.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.10% of their portfolio | 1.0m $54.6m | Added +730.2k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 995.5k $53.5m | Added +576.4k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 992.1k $53.3m | Reduced -3.3k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 983.1k $52.8m | Reduced -319.2k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 978.8k $52.6m | Added +933.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.65% of their portfolio | 973.5k $52.3m | Added +166.3k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 972.9k $52.3m | New |
| Energy Income Partners, LLC 1.03% of their portfolio | 940.9k $50.6m | Reduced -13.9k |
| Zimmer Partners, LP 1.09% of their portfolio | 932.5k $50.1m | Added +882.5k |
| LPL Financial LLC 0.03% of their portfolio | 921.4k $49.5m | Added +21.9k |
| Squarepoint Ops LLC 0.20% of their portfolio | 909.3k $48.9m | Added +845.6k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 904.5k $48.6m | Added +140.1k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 810.4k $44.9m | Reduced -241.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 804.7k $43.3m | Reduced -15.6k |
| CREDIT SUISSE AG/ 0.04% of their portfolio | 796.7k $42.8m | Added +6.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 784.6k $45.4m | Reduced -109.5k |
| SEI INVESTMENTS CO 0.06% of their portfolio | 764.1k $41.1m | Added +23.3k |
| REGIONS FINANCIAL CORP 0.31% of their portfolio | 755.2k $40.6m | Added +34.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 749.2k $40.3m | Reduced -325.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 740.2k $39.8m | Reduced -28.5k |
| LSP Investment Advisors, LLC 20.34% of their portfolio | 702.0k $37.7m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 691.7k $37.2m | Added +95.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 674.6k $36.3m | Reduced -117.2k |
| Zurich Insurance Group Ltd/FI 0.33% of their portfolio | 662.8k $35.6m | New |
| Aquatic Capital Management LLC 1.14% of their portfolio | 651.6k $35.0m | Added +577.0k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 0.86% of their portfolio | 646.0k $34.7m | Added +16.4k |
| ProShare Advisors LLC 0.09% of their portfolio | 644.0k $34.6m | Added +121.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio | 623.0k $42.0m | Added +25.1k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 601.6k $32.3m | Reduced -69.6k |
| GABELLI FUNDS LLC 0.22% of their portfolio | 560.5k $30.1m | Reduced -20.0k |
| Thrivent Financial for Lutherans 0.06% of their portfolio | 546.5k $29.4m | Added +508.5k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 538.2k $28.9m | Added +330.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 532.3k $28.6m | Reduced -10.8k |
| TUDOR INVESTMENT CORP ET AL 0.35% of their portfolio | 531.3k $28.6m | Added +175.4k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.52% of their portfolio | 527.6k $28.4m | Added +494.8k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 524.5k $32.5m | Reduced -31.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 520.8k $28.0m | Reduced -63.9k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 520.5k $28.0m | Added +50.1k |
| OLD REPUBLIC INTERNATIONAL CORP 1.09% of their portfolio | 515.6k $27.7m | Unchanged |
| ANCHOR CAPITAL ADVISORS LLC 0.72% of their portfolio | 510.6k $27.4m | Reduced -37.0k |
| BANK OF NOVA SCOTIA 0.05% of their portfolio | 494.2k $26.6m | Reduced -219.1k |
| CITIGROUP INC 0.03% of their portfolio | 493.7k $26.5m | Reduced -225.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 1.23% of their portfolio | 488.7k $26.3m | New |