BNP Paribas Financial Markets Boosts Edison International Holdings

Investment firm increases stake in California utility by over 40%

Mar. 12, 2026 at 8:24am

BNP Paribas Financial Markets grew its holdings in Edison International (NYSE:EIX) by 40.1% during the 3rd quarter, according to a recent SEC filing. The investment firm now owns over 2 million shares of the California-based utility provider, worth more than $112 million.

Why it matters

The significant increase in BNP Paribas' stake in Edison International reflects growing investor confidence in the utility's long-term prospects, despite ongoing challenges in California's energy market. Edison International is one of the largest electric companies in the state, serving millions of customers across central, coastal and southern regions.

The details

According to the filing, BNP Paribas Financial Markets purchased an additional 583,064 shares of Edison International during the third quarter of 2025, bringing its total holdings to over 2 million shares. This represents a 40.1% increase in the firm's position in the utility. Other major institutional investors, including Franklin Resources Inc. and Legal & General Group Plc, also hold significant stakes in Edison International.

  • BNP Paribas Financial Markets increased its Edison International holdings in the 3rd quarter of 2025.

The players

BNP Paribas Financial Markets

An investment management firm that has significantly increased its stake in Edison International, the California-based utility provider.

Edison International

A publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE), one of the largest electric companies in the state.

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The takeaway

The investment by BNP Paribas Financial Markets in Edison International suggests that major institutional investors see long-term value in California's utility sector, even as the state grapples with energy-related challenges. This could signal a positive outlook for Edison International and the broader California energy market.