Xcel Energy Inc.
US ˙ NasdaqGS ˙ US98389B1008

SecurityXEL / Xcel Energy Inc.
InstitutionShell Asset Management Co
Latest Disclosed Ownership12,028 shares
Latest Disclosed Value $ 970
Shell Asset Management Co reports 62.37% decrease in ownership of XEL / Xcel Energy Inc.

On November 7, 2025 - Shell Asset Management Co filed a 13F-HR form disclosing ownership of 12,028 shares of Xcel Energy Inc. (US:XEL) valued at $970,058 USD as of September 30, 2025. The entity filed a previous 13F-HR on July 23, 2025 disclosing 31,967 shares of Xcel Energy Inc.. This represents a change in shares of -62.37% during the quarter. The current value of the position is $935,418 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2025-11-07 2025-09-30 13F XCEL ENERGY COM 98389B100 12,028 -19,939 -62.37 1 -100.00 0.0974
2025-07-23 2025-06-30 13F XCEL ENERGY COM 98389B100 31,967 5,872 22.50 2 100.00 0.0752
2025-05-14 2025-03-31 13F XCEL ENERGY COM 98389B100 26,095 -522 -1.96 2 0.00 0.0877
2025-02-14 2024-12-31 13F XCEL ENERGY COM 98389B100 26,617 -7,569 -22.14 2 -50.00 0.0785
2024-11-07 2024-09-30 13F XCEL ENERGY COM 98389B100 34,186 3,607 11.80 2 100.00 0.0982
2024-07-25 2024-03-31 13F XCEL ENERGY COM 98389B100 30,579 4,193 15.89 2 0.00 0.0744
2024-02-14 2023-12-31 13F XCEL ENERGY COM 98389B100 26,386 -5,457 -17.14 2 0.00 0.0755
2023-11-08 2023-09-30 13F XCEL ENERGY COM 98389B100 31,843 -965 -2.94 2 -50.00 0.0753
2023-07-28 2023-06-30 13F XCEL ENERGY COM 98389B100 32,808 -531 -1.59 2 0.00 0.0805
2023-05-15 2023-03-31 13F XCEL ENERGY COM 98389B100 33,339 -104 -0.31 2 0.00 0.0933
2023-02-07 2022-12-31 13F XCEL ENERGY COM 98389B100 33,443 -6,174 -15.58 2 -99.92 0.1027
2022-11-14 2022-09-30 13F XCEL ENERGY COM 98389B100 39,617 -8,474 -17.62 2,535 -25.51 0.0988
2022-08-09 2022-06-30 13F XCEL ENERGY COM 98389B100 48,091 -4,430 -8.43 3,403 -10.21 0.1007
2022-05-04 2022-03-31 13F XCEL ENERGY COM 98389B100 52,521 -1,600 -2.96 3,790 3.44 0.0895
2022-02-09 2021-12-31 13F XCEL ENERGY COM 98389B100 54,121 -26,743 -33.07 3,664 -27.50 0.0752
2021-11-04 2021-09-30 13F XCEL ENERGY COM 98389B100 80,864 -29,214 -26.54 5,054 -30.31 0.1135
2021-08-12 2021-06-30 13F XCEL ENERGY COM 98389B100 110,078 -2,320 -2.06 7,252 -3.00 0.1406
2021-05-10 2021-03-31 13F XCEL ENERGY COM 98389B100 112,398 -6,122 -5.17 7,476 -5.39 0.1496
2021-02-16 2020-12-31 13F XCEL ENERGY COM 98389B100 118,520 9,787 9.00 7,902 5.30 0.1632
2020-11-13 2020-09-30 13F XCEL ENERGY COM 98389B100 108,733 -3,813 -3.39 7,504 6.68 0.1745
2020-08-10 2020-06-30 13F XCEL ENERGY COM 98389B100 112,546 6,475 6.10 7,034 9.97 0.1756
2020-05-11 2020-03-31 13F XCEL ENERGY COM 98389B100 106,071 -5,434 -4.87 6,396 -9.65 0.1782
2020-02-13 2019-12-31 13F XCEL ENERGY COM 98389B100 111,505 4,140 3.86 7,079 1.61 0.1525
2019-11-12 2019-09-30 13F XCEL ENERGY COM 98389B100 107,365 -18,621 -14.78 6,967 -7.04 0.1591
2019-08-12 2019-06-30 13F XCEL ENERGY COM 98389B100 125,986 -4,936 -3.77 7,495 1.85 0.1658
2019-05-09 2019-03-31 13F XCEL ENERGY COM 98389B100 130,922 709 0.54 7,359 14.70 0.1623
2019-02-13 2018-12-31 13F XCEL ENERGY COM 98389B100 130,213 -4,762 -3.53 6,416 0.69 0.1599
2018-11-13 2018-09-30 13F XCEL ENERGY COM 98389B100 134,975 -2,536 -1.84 6,372 1.43 0.1258
2018-08-10 2018-06-30 13F XCEL ENERGY COM 98389B100 137,511 -6,358 -4.42 6,282 -3.99 0.1288
2018-05-14 2018-03-31 13F XCEL ENERGY COM 98389B100 143,869 2,828 2.01 6,543 -3.57 0.1303
2018-02-09 2017-12-31 13F XCEL ENERGY COM 98389B100 141,041 8,207 6.18 6,785 7.94 0.1347
2017-10-20 2017-09-30 13F/A-1 XCEL ENERGY COM 98389B100 132,834 -88,500 -39.98 6,286 -38.10 0.1398
2017-10-18 2017-09-30 13F XCEL ENERGY COM 98389B100 381,430 160,096 11,595
2017-07-26 2017-06-30 13F XCEL ENERGY COM 98389B100 221,334 2,232 1.02 10,155 4.27 0.2520
2017-04-26 2017-03-31 13F XCEL ENERGY COM 98389B100 219,102 16,130 7.95 9,739 17.89 0.2486
2017-01-10 2016-12-31 13F XCEL ENERGY COM 98389B100 202,972 -66,624 -24.71 8,261 -25.52 0.2234
2016-10-28 2016-09-30 13F XCEL ENERGY COM 98389B100 269,596 -18,472 -6.41 11,091 -14.02 0.2655
2016-07-25 2016-06-30 13F XCEL ENERGY COM 98389B100 288,068 27,811 10.69 12,900 18.52 0.2993
2016-05-11 2016-03-31 13F XCEL ENERGY COM 98389B100 260,257 10,425 4.17 10,884 21.32 0.2606
2016-02-05 2015-12-31 13F XCEL ENERGY COM 98389B100 249,832 -131,598 -34.50 8,971 -22.63 0.2118
2015-10-13 2015-09-30 13F XCEL ENERGY COM 98389B100 381,430 123,288 47.76 11,595 39.58 0.1837
2015-07-30 2015-06-30 13F XCEL ENERGY COM 98389B100 258,142 -42,496 -14.14 8,307 -20.62 0.1662
2015-05-07 2015-03-31 13F XCEL ENERGY COM 98389B100 300,638 300,638 0.00 10,465 0.1822
2015-02-04 2014-12-31 13F XCEL ENERGY COM 98389B100 0 -381,430 -100.00 0 -100.00
2014-10-24 2014-09-30 13F XCEL ENERGY COM 98389B100 381,430 -407 -0.11 11,595 -5.79 0.1800
2014-08-08 2014-06-30 13F XCEL ENERGY COM 98389B100 381,837 15,799 4.32 12,307 10.74 0.1897
2014-05-07 2014-03-31 13F XCEL ENERGY COM 98389B100 366,038 14,269 4.06 11,113 13.07 0.1847
2014-02-03 2013-12-31 13F/A-1 XCEL ENERGY COM 98389B100 351,769 -6,161 -1.72 9,828 -0.55 0.1672
2014-01-27 2013-12-31 13F XCEL ENERGY COM 98389B100 351,769 9,828
2013-10-28 2013-09-30 13F XCEL ENERGY COM 98389B100 357,930 46,037 14.76 9,882 11.80 0.1815
2013-08-01 2013-06-30 13F XCEL ENERGY COM 98389B100 311,893 311,893 8,839 0.1683
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.