MGE Energy Ownership | Who Owns MGE Energy?


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MGE Energy Ownership Summary


MGE Energy is owned by 16.43% institutional investors, 0.26% insiders, and 83.31% 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 6.05% of its assets in MGE Energy shares.

MGEE Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockMGE Energy16.43%0.26%83.31%
SectorUtilities Stocks35.28%8.46%56.27%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock5.79M16.02%$432.94M
Blackrock funding, inc. /de5.72M15.65%$448.56M
Vanguard group4.55M12.45%$356.90M
State street1.92M5.27%$162.02M
Geode capital management921.95K2.52%$72.32M
Victory capital management751.61K2.06%$63.27M
Dimensional fund advisors lp687.31K1.88%$53.90M
First trust advisors lp511.38K1.40%$43.05M
Charles schwab investment management427.17K1.17%$35.96M
Northern trust372.75K1.02%$31.38M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Speece thorson capital group195.60K3.32%$15.34M
Park capital management, llc / wi13.46K0.76%$1.06M
Caitlin john10.66K0.62%$897.21K
Madison wealth partners28.98K0.41%$2.27M
Mbe wealth management9.89K0.32%$775.63K
Icw investment advisors9.23K0.26%$724.21K
Entrypoint capital7.93K0.24%$621.87K
Wisconsin wealth advisors3.12K0.24%$244.44K
Tower view investment management & research5.03K0.19%$394.03K
Silvercrest asset management group292.35K0.16%$24.61M

Top Buyers

HolderShares% AssetsChange
Qube research162.22K0.01%101.59K
Millennium management106.61K0.00%61.20K
Blackrock funding, inc. /de5.72M0.01%60.23K
Speece thorson capital group195.60K3.32%60.04K
Susquehanna group, llp78.84K0.00%59.51K

Top Sellers

HolderShares% AssetsChange
T. rowe price investment management---316.32K
Hotchkis & wiley capital management---140.94K
Blackrock5.79M0.01%-128.55K
Invesco118.75K0.00%-120.00K
Ubs group90.15K0.00%-53.74K

New Positions

HolderShares% AssetsChangeValue
Y-intercept (hong kong)10.70K0.02%10.70K$839.25K
Engineers gate manager lp8.86K0.01%8.86K$745.84K
Form wealth advisors8.55K0.08%8.55K$670.51M
Susquehanna portfolio strategies6.98K0.01%6.98K$587.66K
Armistice capital6.44K0.01%6.44K$542.46K

Sold Out

HolderChange
True wealth design-1.00
Claris advisors, llc / mo /-2.00
Innealta capital-3.00
Continuum advisory-4.00
Annis gardner whiting capital advisors-4.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
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%
Dec 31, 2024264-0.75%20,793,900-6.13%571.53%14714.84%65-21.69%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF2.21M6.05%-206.29K
Vanguard US Total Market Shares ETF1.16M3.17%1.17K
Vanguard Total Stock Mkt Idx Inv1.15M3.16%5.79K
iShares Russell 2000 ETF886.13K2.42%102.54K
Vanguard Small Cap Index827.54K2.26%-807.00
Vanguard Small Cap Value Index Inv531.44K1.45%-4.01K
T. Rowe Price Small-Cap Value484.87K1.33%-104.00
Victory Sycamore Small Company Opp R465.00K1.27%-25.00K
Victory Small Cap Value CIT (Net 75)465.00K1.27%452.30K
First Trust Value Line® Dividend ETF450.88K1.23%-650.00

Recent Insider Transactions


DateNameRoleActivityValue
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
Aug 23, 2024Berbee James G-Buy$35.48K

Insider Transactions Trends


DateBuySell
2026 Q1--
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 (5.72M shares, 15.65%), and Vanguard group (4.55M shares, 12.45%). Together, they hold 44.13% 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 3.32% of its assets in 195.6K MGE Energy shares, valued at 15.34M$.

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 6.05% of its total shares outstanding invested in 2.21M MGE Energy shares.

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