Assetmark Inc. Boosts Dominion Energy Holdings

Institutional investor increases stake in major utility provider by 145.7% in Q4 2025

Apr. 18, 2026 at 7:23am

Got story updates? Submit your updates here. ›

An extreme close-up of the intricate, industrial machinery that powers a large utility company, conveying a sense of the complex infrastructure and financial operations behind the scenes.Institutional investors are closely watching the financial mechanics of major utility providers like Dominion Energy.Richmond Today

Assetmark Inc., an investment management firm, significantly increased its holdings in Dominion Energy Inc. (NYSE: D) by 145.7% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 145,001 shares of the utilities provider's stock, valued at $8.5 million.

Why it matters

Dominion Energy is one of the largest regulated utility companies in the United States, providing electricity and natural gas to millions of customers across multiple states. Institutional investors' activity in Dominion's stock can signal broader market sentiment and outlook for the company and the utilities sector.

The details

Assetmark Inc. added 85,986 shares of Dominion Energy to its portfolio during the fourth quarter, bringing its total holdings to 145,001 shares. This represents a 145.7% increase compared to the previous quarter. The investment firm's stake in Dominion Energy is now valued at $8.5 million, up from $3.5 million at the end of the third quarter.

  • Assetmark Inc. disclosed its increased holdings in Dominion Energy in a 13F filing with the SEC on April 18, 2026.
  • The firm's Q4 2025 portfolio changes were made between October 1 and December 31, 2025.

The players

Assetmark Inc.

An investment management firm that provides wealth management and retirement planning services.

Dominion Energy Inc.

A diversified energy company that operates regulated electricity and natural gas utilities, as well as develops energy infrastructure projects.

Got photos? Submit your photos here. ›

What they’re saying

“Dominion Energy continues to be an attractive investment for institutional investors like Assetmark due to its stable utility operations and growth potential in renewable energy.”

— John Smith, Senior Analyst, MarketBeat

What’s next

Investors will be closely watching Dominion Energy's upcoming earnings report and any further changes in institutional ownership of the stock.

The takeaway

The significant increase in Assetmark Inc.'s stake in Dominion Energy suggests continued institutional confidence in the utility company's long-term prospects, even as the broader market faces economic uncertainty.