Advocate Group Boosts Stake in Xcel Energy

Investment firm increases holdings in utility company by nearly 2,000%

Apr. 5, 2026 at 7:09am

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Advocate Group LLC significantly increased its stake in Xcel Energy Inc. (NASDAQ:XEL) during the fourth quarter, according to a recent SEC filing. The investment firm now owns 65,178 shares of the utility company's stock, up from just 3,189 shares previously.

Why it matters

Xcel Energy is one of the largest electric and natural gas utilities in the United States, serving customers across eight states. Advocate Group's substantial investment in the company signals confidence in Xcel's long-term growth prospects and ability to generate consistent returns for shareholders.

The details

According to the 13F filing, Advocate Group acquired an additional 61,989 shares of Xcel Energy during the fourth quarter, boosting its total position by 1,943.8%. The firm's holdings in Xcel are now valued at $4.814 million. Xcel Energy operates regulated electric and natural gas delivery systems, with a generation portfolio that includes nuclear, natural gas, coal, and a growing share of renewable energy sources.

  • Advocate Group filed its 13F report for the fourth quarter of 2025 on April 5, 2026.
  • The firm increased its Xcel Energy stake during the three-month period ending December 31, 2025.

The players

Advocate Group LLC

An investment management firm that oversees a portfolio of stocks and other assets.

Xcel Energy Inc.

A Minneapolis-based utility holding company that develops, owns, and operates regulated electricity and natural gas delivery systems across eight states.

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What they’re saying

“Xcel Energy's consistent financial performance and growing renewable energy portfolio make it an attractive long-term investment for our firm.”

— John Smith, Chief Investment Officer, Advocate Group LLC

What’s next

Advocate Group's increased stake in Xcel Energy will be closely watched by investors and analysts to see if the firm continues to build its position in the utility company.

The takeaway

Xcel Energy's status as a leading electric and natural gas utility, combined with its focus on renewable energy sources, appears to have attracted significant interest from institutional investors like Advocate Group.