MGE ENERGY INC (MGEE): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

MGE ENERGY INC (MGEE)

292 + Investors. Track Smart Money conviction in MGEE. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — MGEE

Based on 292 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added MGEE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

292 hedge funds hold MGEE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q

+19 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟠

More sellers than buyers — 49% buying

133 buying137 selling

Last quarter: 137 funds reduced or exited vs 133 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter

Funds opening a new MGEE position: 41 → 21 → 32 → 43. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 24% medium ■ 15% new

178 out of 292 hedge funds have held MGEE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📈

Growing discovery — still being found

42 → 41 → 21 → 32 → 43 new funds/Q

New funds entering each quarter: 41 → 21 → 32 → 43. A growing number of institutions are discovering MGEE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 15% 1-2yr ■ 19% new

Of 292 current holders: 192 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds

35 of 292 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in MGEE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.5

out of 10

Low Exit Risk

Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	292	283	3.18%
13F Shares	22M	22M	-0.27%
Total Value	$1.71B	$1.83B	-6.66%
New Positions	43	32	+11
Increased Positions	90	104	-14
Closed Positions	33	25	+8
Reduced Positions	104	90	+14
Total Calls	0	0	-
Total Puts	0	1	-100.0%
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

292

283

3.18%

13F Shares

22M

-0.27%

Total Value

$1.71B

$1.83B

-6.66%

New Positions

+11

Increased Positions

104

-14

Closed Positions

Reduced Positions

104

+14

Total Calls

Total Puts

-100.0%

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

292 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MGEE. Verified SEC 13F-HR filings.

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 25 institutional holders of MGEE — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	SPEECE THORSON CAPITAL GROUP INC	3.34%	189,547	$14.7M
2	Park Capital Management, LLC / WI	1.01%	13,479	$1.0M
3	Walleye Partners, LLC	0.63%	6,668	$515K
4	DEPRINCE RACE & ZOLLO INC	0.40%	277,117	$21.4M
5	Madison Wealth Partners, Inc	0.39%	31,731	$2.5M
6	MBE Wealth Management, LLC	0.32%	9,905	$766K
7	Wisconsin Wealth Advisors, LLC	0.27%	3,601	$278K
8	Tower View Wealth Management LLC	0.17%	4,371	$338K
9	American State Bank (Iowa)	0.12%	1,800	$126K
10	Smith Thornton Advisors LLC	0.11%	2,835	$219K
11	Goldstein Advisors, LLC	0.09%	10,369	$801K
12	MJT & Associates Financial Advisory Group, Inc.	0.09%	1,500	$116K
13	KLCM Advisors, Inc.	0.08%	12,225	$945K
14	FORM Wealth Advisors, LLC	0.08%	8,558	$661K
15	THOMPSON INVESTMENT MANAGEMENT, INC.	0.07%	6,836	$528K
16	Poehling Capital Management, INC.	0.05%	3,128	$242K
17	OARSMAN CAPITAL, INC.	0.04%	4,527	$350K
18	Abel Hall, LLC	0.04%	2,623	$203K
19	Trust Point Inc.	0.04%	6,315	$488K
20	Inspire Investing, LLC	0.04%	6,648	$514K
21	ERn Financial, LLC	0.04%	2,796	$216K
22	WEDGE CAPITAL MANAGEMENT L L P/NC	0.04%	25,903	$2.0M
23	Security National Bank	0.04%	3,269	$253K
24	HENNESSY ADVISORS INC	0.03%	12,279	$949K
25	AlphaQuest LLC	0.03%	7,799	$612K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — MGE ENERGY INC (MGEE)

What does the Smart Money Trend signal show for MGEE?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added MGEE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MGEE?

More sellers than buyers — 49% buying: Last quarter: 137 funds reduced or exited vs 133 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for MGEE holders?

Elite ownership — 55% AUM from top-100 funds: 35 of 292 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in MGEE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MGEE?

61% of holders stayed for 2+ years: 178 out of 292 hedge funds have held MGEE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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MGE ENERGY INC (MGEE)

Smart Money Signals — MGEE

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Steady growth — +7% more funds vs a year ago

More sellers than buyers — 49% buying

More new buyers each quarter (+11 vs last Q)

61% of holders stayed for 2+ years

Growing discovery — still being found

Deep conviction — 66% of holders stayed 2+ years

Elite ownership — 55% AUM from top-100 funds

Hedge Fund Ownership: MGEE

Market Analysis: MGEE

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MGEE

Hedge Fund Positioning: MGEE

Statistics: MGEE

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — MGE ENERGY INC (MGEE)

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