Oak Thistle LLC Acquires 50,854 Shares in WEC Energy Group

The investment firm adds to its position in the Wisconsin-based utilities provider.

Apr. 8, 2026 at 11:51am

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Oak Thistle LLC, an investment management firm, has purchased a new position of 50,854 shares in WEC Energy Group, Inc. (NYSE:WEC), a Wisconsin-based utilities provider, according to a recent filing with the Securities and Exchange Commission. The shares were valued at approximately $5,363,000, making WEC Energy Group the third-largest holding in Oak Thistle's investment portfolio.

Why it matters

This transaction highlights the continued investor interest in WEC Energy Group, a major regional utilities company serving customers in Wisconsin and Illinois. The purchase by Oak Thistle, a prominent investment firm, suggests confidence in WEC's long-term growth prospects and ability to generate stable returns for shareholders.

The details

According to the SEC filing, Oak Thistle LLC acquired the 50,854 shares of WEC Energy Group during the fourth quarter of the previous year. The purchase represents 0.7% of Oak Thistle's total investment portfolio, making WEC Energy Group the firm's third-largest holding.

  • Oak Thistle LLC purchased the shares in the fourth quarter of 2025.

The players

Oak Thistle LLC

An investment management firm that has added a new position in WEC Energy Group, making it the third-largest holding in the firm's portfolio.

WEC Energy Group, Inc.

A Wisconsin-based utilities provider that operates electric and natural gas utilities in the Midwest, including the We Energies and Wisconsin Public Service subsidiaries.

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The takeaway

This transaction highlights the continued investor confidence in WEC Energy Group's ability to deliver stable returns and growth, even as the utilities sector navigates evolving energy policies and customer preferences. The purchase by Oak Thistle, a respected investment firm, underscores WEC's position as a reliable and well-managed regional utilities provider.