Mackenzie Financial Reduces Dominion Energy Stake

Institutional investor sells over 127,000 shares of utility provider

Mar. 13, 2026 at 10:06am

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Mackenzie Financial Corp, an institutional investor, reduced its position in Dominion Energy Inc. (NYSE:D) by 18.5% during the 3rd quarter, according to a recent SEC filing. The firm sold 127,810 shares, leaving it with 563,221 shares worth $34.5 million at the end of the reporting period.

Why it matters

Dominion Energy is a major utility provider, and changes in institutional ownership can signal shifts in investor sentiment around the company. Mackenzie Financial's decision to reduce its stake could indicate broader concerns about Dominion's performance or outlook.

The details

According to the 13F filing, Mackenzie Financial sold 127,810 shares of Dominion Energy during the 3rd quarter, reducing its total position to 563,221 shares. The firm previously owned 0.07% of Dominion's outstanding shares. Other large investors, including Vanguard Group and Capital Research Global Investors, maintained or increased their stakes in the company during the same period.

  • Mackenzie Financial reduced its Dominion Energy stake in the 3rd quarter of 2026.

The players

Mackenzie Financial Corp

An institutional investment firm that reduced its position in Dominion Energy.

Dominion Energy Inc.

A major U.S. utility provider that generates and distributes electricity and natural gas.

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The takeaway

Mackenzie Financial's decision to sell over 127,000 Dominion Energy shares could signal broader concerns about the utility provider's outlook, though other large investors maintained or increased their stakes during the same period. This highlights the need to monitor changes in institutional ownership for insights into market sentiment around a company.