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Exelon’s institutional holding increased again in 4Q14

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Exelon’s institutional ownership

As of December 31, 2014, institutions owned more than 92% of Exelon Corporation’s (EXC) total outstanding shares. A total of 1,162 institutions hold more than 793.4 million shares of Exelon. The company had 859.8 million outstanding shares at the end of 4Q14.

In a company, high interest of institutional investors is often seen as an advantage for investors. Influential institutional investors can form cartels. They have the ability to arm twist management and get things done.

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Institutions with big holdings in Exelon

Among institutions, Capital Group Companies, Inc. has the highest stake in Exelon. It has 80.9 million shares, or 9.4%. Exelon’s owners include some of the biggest asset management companies in the world—including BlackRock (BLK), State Street Corp. (STT), and Goldman Sachs & Co. (GS). The top ten institutional owners of Exelon hold 45.3% of its total outstanding shares.

Exelon’s institutional ownership is much higher than the average for all of the companies that are part of the Utilities Select Sector Fund (XLU). The average institutional ownership in the power utilities industry is 76.2%.

Institutional holding on a rise

Recently, the institutional interest in Exelon has been rising. At the end of 4Q14, the institutional holding in Exelon’s shares increased by nearly 9%—compared to the previous quarter. Overall, the institutional ownership in Exelon rose by more than 21% in the last two quarters. This points to institutions’ bullish stance on Exelon in the near term.

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