Xcel Energy Shares Bought by Oak Thistle LLC

Institutional investor increases stake in utility company by 876.9% in Q4

Apr. 8, 2026 at 11:52am

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Oak Thistle LLC, a financial services firm, significantly boosted its position in Xcel Energy Inc. (NASDAQ:XEL) during the fourth quarter of 2025, acquiring an additional 32,823 shares to bring its total holdings to 36,566 shares worth $2.7 million.

Why it matters

Xcel Energy is one of the largest utility companies in the Midwest, providing electricity and natural gas services to customers across eight states. The increase in Oak Thistle's stake suggests the firm sees long-term value in Xcel's business model and growth potential.

The details

According to a recent SEC filing, Oak Thistle LLC increased its stake in Xcel Energy by 876.9% in Q4 2025. The firm now owns 36,566 shares of the company's stock, up from just 3,743 shares held at the end of Q3. Xcel Energy's stock price has risen steadily over the past year, closing at $80.54 per share on the latest trading day.

  • Oak Thistle LLC disclosed its increased stake in Xcel Energy in a Q4 2025 SEC filing.
  • Xcel Energy's stock price closed at $80.54 per share on the latest trading day.

The players

Oak Thistle LLC

A financial services firm that significantly boosted its stake in Xcel Energy during Q4 2025.

Xcel Energy Inc.

A major Midwest utility company that provides electricity and natural gas services to customers across eight states.

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The takeaway

The substantial increase in Oak Thistle's position in Xcel Energy suggests the firm sees long-term growth potential in the utility company, which could signal positive momentum for Xcel's stock price and business outlook.