Mackenzie Financial Corp Reduces Exelon Stake by 14%

Institutional investor sells over 156,000 shares of energy company

Mar. 13, 2026 at 10:06am

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Mackenzie Financial Corp, an institutional investor, reduced its stake in Exelon Corporation (NASDAQ:EXC) by 14.1% in the 3rd quarter, according to a recent SEC filing. The firm sold 156,682 shares, leaving it with 951,031 shares worth approximately $42.8 million as of the end of the quarter.

Why it matters

This transaction provides insight into the investment strategy of Mackenzie Financial, a major institutional investor. The reduction in Exelon holdings could signal a shift in the firm's outlook on the energy company or broader market conditions.

The details

According to the filing, Mackenzie Financial owned about 0.09% of Exelon's outstanding shares prior to the sale. The firm cited the 3rd quarter as the time period for the transaction, though the exact sale dates were not specified.

  • Mackenzie Financial reduced its Exelon stake in the 3rd quarter of the year.

The players

Mackenzie Financial Corp

An institutional investment firm that manages a variety of equity and fixed-income funds.

Exelon Corporation

A Chicago-based energy company that operates as a regulated electric and natural gas utility holding company.

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The takeaway

This transaction highlights the dynamic nature of institutional investment portfolios, as major firms like Mackenzie Financial regularly adjust their holdings in response to market conditions and their own investment strategies.