Russell Investments Group Ltd. Reduces Stake in Xcel Energy Inc.

Institutional investor sells 82,686 shares of the utility company's stock in the third quarter.

Published on Mar. 9, 2026

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Russell Investments Group Ltd. reduced its stake in Xcel Energy Inc. (NASDAQ:XEL) by 3.6% in the 3rd quarter, according to the company's recent SEC filing. The institutional investor now owns 2,204,285 shares of the company's stock, valued at approximately $177,773,000.

Why it matters

Xcel Energy is a major utility company serving customers in eight U.S. states. Changes in institutional ownership of the company's stock can provide insights into market sentiment and potential shifts in the company's performance or outlook.

The details

According to the filing, Russell Investments Group sold 82,686 shares of Xcel Energy stock during the third quarter. This reduced the firm's total position in the company to approximately 2.2 million shares, or about 0.37% of Xcel Energy's outstanding stock. The sale comes as Xcel Energy's share price has fluctuated in recent months, trading between $65 and $84 over the past year.

  • The share sale occurred in the 3rd quarter of 2026.

The players

Russell Investments Group Ltd.

An institutional investment management firm that reduced its stake in Xcel Energy Inc. during the third quarter.

Xcel Energy Inc.

A Minneapolis-based utility company that provides electricity and natural gas services to customers in eight U.S. states.

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The takeaway

The reduction in Russell Investments Group's position in Xcel Energy could signal a shift in market sentiment around the utility company, though the overall impact remains to be seen. Investors will likely continue to monitor Xcel Energy's stock performance and any further changes in institutional ownership.