MGE Energy Ownership | Who Owns MGE Energy?


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MGE Energy Ownership Summary


MGE Energy is owned by 72.45% institutional investors, 0.33% insiders, and 27.22% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 16.65% of MGEE shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 6.09% of its assets in MGE Energy shares.

MGEE Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockMGE Energy72.45%0.33%27.22%
SectorUtilities Stocks65.34%6.66%28.01%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de6.09M16.65%$496.90M
Blackrock5.79M16.02%$432.94M
Vanguard group4.55M12.45%$356.90M
State street2.05M5.60%$167.14M
Vanguard capital management1.70M4.65%$138.84M
Geode capital management1.01M2.75%$81.97M
Zimmer partners, lp1.00M2.73%$81.54M
Dimensional fund advisors lp700.97K1.92%$57.15M
Morgan stanley545.47K1.49%$44.48M
Westwood group530.62K1.45%$43.27M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Speece thorson capital group228.68K3.99%$18.65M
Vennlight capital management, lp68.58K3.75%$5.59M
Zimmer partners, lp1.00M1.88%$81.54M
Park capital management, llc / wi14.24K0.68%$1.16M
Seven grand managers125.00K0.41%$10.19M
Deprince race & zollo277.12K0.40%$21.42M
Madison wealth partners31.81K0.33%$2.59M
Westwood group530.62K0.33%$43.27M
Yaupon capital management lp200.00K0.32%$16.31M
Entrypoint capital15.24K0.30%$1.24M

Top Buyers

HolderShares% AssetsChange
Zimmer partners, lp1.00M1.88%1.00M
Blackrock funding, inc. /de6.09M0.01%634.21K
Westwood group530.62K0.33%530.62K
Sixth street partners management company434.56K0.00%434.56K
Two sigma investments, lp486.96K0.03%317.89K

Top Sellers

HolderShares% AssetsChange
T. rowe price investment management---316.32K
Silvercrest asset management group7.85K0.00%-213.42K
Hotchkis & wiley capital management---140.94K
Blackrock5.79M0.01%-128.55K
Van lanschot kempen investment management---80.50K

New Positions

HolderShares% AssetsChangeValue
Zimmer partners, lp1.00M1.88%1.00M$81.54M
Westwood group530.62K0.33%530.62K$43.27M
Sixth street partners management company434.56K0.00%434.56K$35.43M
Deprince race & zollo277.12K0.40%277.12K$21.42M
Yaupon capital management lp200.00K0.32%200.00K$16.31M

Sold Out

HolderChange
Curio wealth-1.00
Dunhill financial-1.00
Western wealth management-1.00
Assetmark-1.00
Claris advisors, llc / mo /-2.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Jun 30, 20263334.39%26,509,62121.65%722.04%20130.52%71-33.02%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF2.30M6.09%-1.70K
Vanguard MStar Total Stk Mkt Idx Invest1.21M3.20%7.15K
Vanguard Total Stock Mkt Idx Inv1.20M3.19%32.18K
Vanguard Morn Total Stk Mkt Idx Investor1.20M3.19%32.18K
Vanguard US Total Market Shares ETF1.16M3.17%1.17K
iShares Russell 2000 ETF946.10K2.51%-16.80K
Vanguard Small Cap Index867.30K2.30%83.00
Vanguard MStar Small Cap Value Index551.09K1.46%1.34K
Vanguard Morn Small Cap Value Index549.75K1.46%7.70K
Vanguard Small Cap Value Index Inv549.75K1.46%7.70K

Recent Insider Transactions


DateNameRoleActivityValue
Aug 19, 2026Berbee James G-Buy$21.25K
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

Insider Transactions Trends


DateBuySell
2026 Q31-
2026 Q2--
2026 Q11-
2025 Q41-
2025 Q32-

MGEE Ownership FAQ


Who owns the most shares of MGE Energy?

MGE Energy’s largest shareholders are Blackrock funding, inc. /de (6.09M shares, 16.65%), Blackrock (5.79M shares, 16.02%), and Vanguard group (4.55M shares, 12.45%). Together, they hold 45.13% 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 3.99% of its assets in 228.68K MGE Energy shares, valued at 18.65M$.

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 6.09% of its total shares outstanding invested in 2.3M MGE Energy shares.

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