USA Financial Formulas Boosts Xcel Energy Holdings by 491%

The investment firm now holds $1.58 million in shares of the utility company.

Mar. 29, 2026 at 11:33am

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USA Financial Formulas, an institutional investor, grew its position in Xcel Energy Inc. (NASDAQ:XEL) by 491.3% in the fourth quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The firm now owns 21,435 shares of the utility company's stock, valued at $1,583,000.

Why it matters

Xcel Energy is a major electric and natural gas utility serving customers across eight Western and Midwestern states. The significant increase in USA Financial Formulas' holdings suggests the firm sees long-term value in Xcel's business model and growth prospects.

The details

USA Financial Formulas acquired an additional 17,810 shares of Xcel Energy during the fourth quarter, bringing its total position to 21,435 shares. This represents 0.3% of the firm's overall portfolio. Xcel Energy comprises Xcel's 25th largest holding.

  • USA Financial Formulas filed its 13F report for the fourth quarter of 2025 on March 29, 2026.

The players

USA Financial Formulas

An institutional investment firm that manages a diversified portfolio of stocks, bonds, and other financial assets.

Xcel Energy Inc.

A major electric and natural gas utility company serving customers across eight Western and Midwestern states.

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The takeaway

The significant increase in USA Financial Formulas' holdings of Xcel Energy shares suggests the firm sees long-term value in the utility company's business model and growth prospects, underscoring investor confidence in Xcel's ability to navigate the evolving energy landscape.