MGE Energy Ownership | Who Owns MGE Energy?


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MGE Energy Ownership Summary


MGE Energy is owned by 59.64% institutional investors, 0.33% insiders, and 40.03% retail investors. Blackrock is the largest institutional shareholder, holding 16.02% of MGEE shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 6.06% of its assets in MGE Energy shares.

MGEE Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockMGE Energy59.64%0.33%40.03%
SectorUtilities Stocks42.99%8.09%48.92%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock5.79M16.02%$432.94M
Blackrock funding, inc. /de5.46M14.94%$421.98M
Vanguard group4.55M12.45%$356.90M
State street1.92M5.25%$148.29M
Geode capital management925.77K2.53%$71.57M
Dimensional fund advisors lp684.27K1.87%$52.89M
First trust advisors lp446.87K1.22%$34.54M
Charles schwab investment management418.15K1.14%$32.32M
Northern trust360.85K0.99%$27.89M
Qube research330.04K0.90%$25.51M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Speece thorson capital group189.55K3.34%$14.65M
Park capital management, llc / wi13.48K1.01%$1.04M
Deprince race & zollo277.12K0.40%$21.42M
Madison wealth partners31.73K0.39%$2.45M
Mbe wealth management9.90K0.32%$765.53K
Fieldview capital management14.07K0.32%$1.09M
Wisconsin wealth advisors3.60K0.27%$278.32K
Icw investment advisors8.98K0.25%$694.20K
Tower view investment management & research4.37K0.17%$337.84K
Gabelli funds271.20K0.14%$20.96M

Top Buyers

HolderShares% AssetsChange
Deprince race & zollo277.12K0.40%277.12K
Vanguard fiduciary trust246.32K0.00%246.32K
Millennium management169.65K0.01%103.44K
Two sigma investments, lp169.07K0.01%85.29K
Point72 asset management80.07K0.01%80.07K

Top Sellers

HolderShares% AssetsChange
Victory capital management134.36K0.01%-587.99K
T. rowe price investment management---316.32K
Blackrock funding, inc. /de5.46M0.01%-260.25K
Hotchkis & wiley capital management---140.94K
Blackrock5.79M0.01%-128.55K

New Positions

HolderShares% AssetsChangeValue
Deprince race & zollo277.12K0.40%277.12K$21.42M
Vanguard fiduciary trust246.32K0.00%246.32K$19.04M
Point72 asset management80.07K0.01%80.07K$6.19M
Vanguard asset management29.13K0.00%29.13K$2.25M
Vanguard investments australia27.83K0.01%27.83K$2.15M

Sold Out

HolderChange
Dunhill financial-1.00
Claris advisors, llc / mo /-2.00
Innealta capital-3.00
Private wealth asset management-3.00
Kilter group-3.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Mar 31, 20263140.96%21,788,0070.11%591.68%15111.03%105-7.08%
Dec 31, 2025116-61.72%6,003,404-72.55%160.46%41-71.13%39-60.20%
Sep 30, 2025142-51.86%6,580,741-70.66%180.48%54-64.00%44-52.17%
Jun 30, 2025293-1.01%22,358,153-0.57%611.61%14810.45%93-2.11%
Mar 31, 20252920.34%22,472,196-1.29%611.55%133-14.74%9325.68%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF2.23M6.06%492.00
Vanguard Total Stock Mkt Idx Inv1.18M3.20%6.05K
Vanguard US Total Market Shares ETF1.16M3.17%1.17K
iShares Russell 2000 ETF866.63K2.36%7.29K
Vanguard Small Cap Index842.48K2.29%-1.77K
Vanguard Small Cap Value Index Inv540.83K1.47%3.63K
T. Rowe Price Small-Cap Value484.87K1.33%-104.00
Victory Small Cap Value CIT (Net 75)465.00K1.27%452.30K
Victory Sycamore Small Company Opp R465.00K1.27%-25.00K
First Trust Value Line® Dividend ETF442.71K1.20%-390.00

Recent Insider Transactions


DateNameRoleActivityValue
Mar 11, 2026Berbee James G-Buy$28.98K
Dec 05, 2025Berbee James G-Buy$21.24K
Sep 08, 2025Berbee James G-Buy$21.24K
Aug 15, 2025Berbee James G-Buy$42.48K
Mar 12, 2025Berbee James G-Buy$40.47K

Insider Transactions Trends


DateBuySell
2026 Q11-
2025 Q41-
2025 Q32-
2025 Q2--
2025 Q11-

MGEE Ownership FAQ


Who owns the most shares of MGE Energy?

MGE Energy’s largest shareholders are Blackrock (5.79M shares, 16.02%), Blackrock funding, inc. /de (5.46M shares, 14.94%), and Vanguard group (4.55M shares, 12.45%). Together, they hold 43.42% of MGE Energy’s total shares outstanding.

Does Blackrock own MGE Energy?

Yes, BlackRock owns 16.02% of MGE Energy, totaling 5.79M shares as of Jun 2024. This represents 0.01% of BlackRock's total assets, with a market value of 432.94M$. In the last quarter, BlackRock decreased its holdings by -129K shares, a -2.17% change.

Who is MGE Energy’s biggest shareholder by percentage of total assets invested?

Speece thorson capital group is MGE Energy’s biggest shareholder by percentage of total assets invested, with 3.34% of its assets in 189.55K MGE Energy shares, valued at 14.65M$.

Who is the top mutual fund holder of MGE Energy shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of MGE Energy shares, with 6.06% of its total shares outstanding invested in 2.23M MGE Energy shares.

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