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Algonquin Power & Utilities Corp.

AQN
Exchange
NYSE
Industry
Electric Services
SEC CIK
0001174169

No open-market purchases or sales by Algonquin Power & Utilities Corp. insiders were filed in the last 90 days; 239 institutions reported holding it in 13F filings for Q2 2026, worth $3.10B in total; Starboard Value is the only superinvestor holding it.

Other share classesAQNBAGQPF

13F holders, Q4 2025

Institutional positions in Algonquin Power & Utilities Corp. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
247
+7 vs. Q3 2025
Shares held
521.5M
+18.2M (+3.6%) vs. Q3 2025
Total value
$3.21B
+$504.7M (+18.6%) vs. Q3 2025
New holders
34
85 more added
Sold out
27
87 more reduced

4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AQN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 247 institutions
Q1 2021: 229 institutionsQ2 2021: 233 institutionsQ3 2021: 235 institutionsQ4 2021: 247 institutionsQ1 2022: 247 institutionsQ2 2022: 265 institutionsQ3 2022: 260 institutionsQ4 2022: 265 institutionsQ1 2023: 279 institutionsQ2 2023: 277 institutionsQ3 2023: 264 institutionsQ4 2023: 254 institutionsQ1 2024: 236 institutionsQ2 2024: 259 institutionsQ3 2024: 238 institutionsQ4 2024: 224 institutionsQ1 2025: 232 institutionsQ2 2025: 234 institutionsQ3 2025: 244 institutionsQ4 2025: 247 institutionsQ1 2026: 251 institutionsQ2 2026: 239 institutions
Value heldQ4 2025: $3.21B
Q1 2021: $4.50BQ2 2021: $4.21BQ3 2021: $3.91BQ4 2021: $3.89BQ1 2022: $4.21BQ2 2022: $4.04BQ3 2022: $3.31BQ4 2022: $2.11BQ1 2023: $3.10BQ2 2023: $3.13BQ3 2023: $2.30BQ4 2023: $2.39BQ1 2024: $2.38BQ2 2024: $2.38BQ3 2024: $2.25BQ4 2024: $1.90BQ1 2025: $2.36BQ2 2025: $2.70BQ3 2025: $2.72BQ4 2025: $3.21BQ1 2026: $3.17BQ2 2026: $3.10B
Institutions holding AQN and their total value by quarter
QuarterHoldersValue
Q2 2026239$3.10B
Q1 2026251$3.17B
Q4 2025247$3.21B
Q3 2025244$2.72B
Q2 2025234$2.70B
Q1 2025232$2.36B
Q4 2024224$1.90B
Q3 2024238$2.25B
Q2 2024259$2.38B
Q1 2024236$2.38B
Q4 2023254$2.39B
Q3 2023264$2.30B
Q2 2023277$3.13B
Q1 2023279$3.10B
Q4 2022265$2.11B
Q3 2022260$3.31B
Q2 2022265$4.04B
Q1 2022247$4.21B
Q4 2021247$3.89B
Q3 2021235$3.91B
Q2 2021233$4.21B
Q1 2021229$4.50B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Algonquin Power & Utilities Corp.; share changes are against Q3 2025.

Institutions holding AQN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
EdgePoint Investment Group Inc.81,727,385$502.6M4.13%+20,074,709+32.6%Added
Starboard Value LPSuperinvestorStarboard Value63,489,420$390.5M7.40%00.0%Unchanged
FIL Ltd48,999,903$301.3M0.23%−923,100−1.8%Reduced
Vanguard Group Inc34,456,155$211.9M0.00%+711,569+2.1%Added
Bank of Montreal20,717,144$127.4M0.05%+3,886,254+23.1%Added
Royal Bank of Canada18,169,106$111.7M0.02%−11,210,162−38.2%Reduced
Ariel Investments, LLC15,920,654$97.9M1.06%−424,952−2.6%Reduced
British Columbia Investment Management Corp13,084,592$80.5M0.43%−30,658−0.2%Reduced
Principal Financial Group Inc12,069,980$74.3M0.04%+12,069,980New
Norges Bank10,906,124$67.1M0.01%+10,906,124New
Bank of Nova Scotia10,276,178$63.2M0.09%+106,232+1.0%Added
Toronto Dominion Bank8,470,658$52.1M0.09%+1,830,974+27.6%Added
Dimensional Fund Advisors LP7,572,396$46.6M0.01%+266,020+3.6%Added
Legal & General Group Plc6,939,528$42.7M0.01%−704,458−9.2%Reduced
First Trust Advisors LP6,858,330$42.2M0.03%+87,627+1.3%Added
Private Management Group Inc6,432,155$39.6M1.15%−72,127−1.1%Reduced
Corvex Management LP6,183,855$38.0M1.26%00.0%Unchanged
Callodine Capital Management, LP5,749,636$35.4M2.84%+167,795+3.0%Added
Goldman Sachs Group Inc5,711,454$35.1M0.00%−4,167,421−42.2%Reduced
National Bank of Canada5,423,404$33.3M0.03%−4,488,148−45.3%Reduced
D. E. Shaw & Co., Inc.5,349,003$32.9M0.03%+1,845,051+52.7%Added
Connor, Clark & Lunn Investment Management Ltd.4,943,308$30.4M0.08%+1,616,901+48.6%Added
BlackRock, Inc.4,630,028$28.5M0.00%+124,162+2.8%Added
Neuberger Berman Group LLC4,540,036$27.9M0.02%+360,800+8.6%Added
Packer & Co Ltd4,513,113$27.8M7.39%00.0%Unchanged
Manufacturers Life Insurance Company, The4,447,495$27.4M0.02%−898,463−16.8%Reduced
Morgan Stanley4,093,676$25.2M0.00%−41,425−1.0%Reduced
Intact Investment Management Inc.4,066,619$25.0M0.72%−585,500−12.6%Reduced
Arrowstreet Capital, Limited Partnership3,944,942$24.3M0.01%+227,513+6.1%Added
CIBC World Markets Inc.3,700,005$22.8M0.04%−2,771,702−42.8%Reduced
Picton Mahoney Asset Management3,519,080$21.7M0.24%+2,319,663+193.4%Added
Gamco Investors, Inc. Et Al3,286,322$20.2M0.19%+256,437+8.5%Added
Invesco Ltd.3,053,534$18.8M0.00%+13,603+0.4%Added
Federation des caisses Desjardins du Quebec3,028,957$18.6M0.07%−3,331,307−52.4%Reduced
Public Employees Retirement System of Ohio2,936,911$18.1M0.06%+58,473+2.0%Added
Charles Schwab Investment Management Inc2,744,967$16.9M0.00%+24,940+0.9%Added
Bank of America Corp2,706,849$16.6M0.00%−1,415,199−34.3%Reduced
Qube Research & Technologies Ltd2,618,838$16.1M0.02%+1,593,918+155.5%Added
State Street Corp2,551,100$15.9M0.00%+343,600+15.6%Added
Alberta Investment Management Corp2,553,200$15.7M0.09%00.0%Unchanged
Cidel Asset Management Inc2,487,838$15.3M1.08%−765,774−23.5%Reduced
TD Asset Management Inc2,433,309$15.0M0.01%+106,124+4.6%Added
Geode Capital Management, LLC1,919,900$14.5M0.00%+150,756+8.5%Added
Jane Street Group, LLC2,360,297$14.5M0.02%−1,061,115−31.0%Reduced
RWC Asset Management LLP2,331,095$14.3M0.70%−714,225−23.5%Reduced
Citadel Advisors LLC2,310,227$14.2M0.01%−2,134,899−48.0%Reduced
Gabelli Funds LLC2,186,122$13.4M0.09%+29,000+1.3%Added
UBS Group AG2,168,586$13.3M0.00%−792,734−26.8%Reduced
Point72 Asset Management, L.P.1,859,307$11.4M0.02%+1,575,586+555.3%Added
Man Group plc1,832,026$11.3M0.02%+760,588+71.0%Added
Krilogy Financial LLC1,597,165$10.3M0.35%−129,400−7.5%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,552,488$9.55M0.01%−49,915−3.1%Reduced
Swiss National Bank1,445,100$8.90M0.01%+18,700+1.3%Added
Manning & Napier Advisors LLC1,375,000$8.46M0.11%00.0%Unchanged
TD Waterhouse Canada Inc.1,258,625$7.73M0.05%−54,507−4.2%Reduced
Renaissance Technologies LLC1,234,992$7.60M0.01%−900,200−42.2%Reduced
Millennium Management LLC1,145,029$7.04M0.01%+994,720+661.8%Added
Trexquant Investment LP1,111,876$6.84M0.06%+618,036+125.1%Added
Northwest & Ethical Investments L.P.935,263$5.76M0.13%−235,279−20.1%Reduced
Jupiter Asset Management Ltd918,774$5.66M0.05%+899,493+4,665.2%Added
Mackenzie Financial Corp885,632$5.48M0.01%+255,549+40.6%Added
Y-Intercept (Hong Kong) Ltd870,445$5.35M0.12%+870,445New
PDT Partners, LLC867,937$5.34M0.35%−140,323−13.9%Reduced
Yaupon Capital Management LP866,736$5.33M0.26%−5,021,772−85.3%Reduced
ARS Investment Partners, LLC863,660$5.31M0.31%+197,490+29.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.578,910$4.89M0.01%+578,910New
Kayne Anderson Capital Advisors LP770,878$4.74M0.11%−9,225−1.2%Reduced
CIBC Asset Management Inc753,293$4.63M0.01%+81,535+12.1%Added
Two Sigma Investments, LP718,039$4.42M0.01%+216,439+43.1%Added
Scotia Capital Inc.684,990$4.21M0.02%−102,615−13.0%Reduced
Campbell & CO Investment Adviser LLC662,965$4.08M0.20%+612,304+1,208.6%Added
Balyasny Asset Management LLC640,354$3.94M0.01%−1,593−0.2%Reduced
Franklin Resources Inc607,652$3.74M0.00%+564,722+1,315.4%Added
Nuveen, LLC549,708$3.38M0.00%00.0%Unchanged
Greenland Capital Management LP531,730$3.27M0.47%−395,550−42.7%Reduced
Heartland Advisors Inc500,000$3.08M0.17%+500,000New
CWA Asset Management Group, LLC498,575$3.07M0.11%+74,822+17.7%Added
Wedge Capital Management L L P472,980$2.91M0.05%+472,980New
Northern Trust Corp452,349$2.78M0.00%−79,682−15.0%Reduced
Barclays PLC435,026$2.68M0.00%−23,456−5.1%Reduced
Quinn Opportunity Partners LLC430,000$2.64M0.11%00.0%Unchanged
Susquehanna Advisors Group, Inc.386,400$2.38M0.08%+209,000+117.8%Added
Canada Pension Plan Investment Board361,300$2.22M0.00%+361,300New
Euro Pacific Asset Management, LLC354,050$2.17M0.24%−603−0.2%Reduced
Aquatic Capital Management LLC325,064$2.00M0.06%−139,950−30.1%Reduced
Gotham Asset Management, LLC293,195$1.80M0.01%−290,546−49.8%Reduced
Van Eck Associates Corp287,813$1.77M0.00%+18,242+6.8%Added
Beutel, Goodman & Co Ltd.262,070$1.61M0.01%−185,275−41.4%Reduced
JPMorgan Chase & Co261,344$1.61M0.00%−10,000−3.7%Reduced
SIG North Trading, ULC260,663$1.60M0.28%+127,300+95.5%Added
Credit Agricole S A256,873$1.58M0.00%−156,810−37.9%Reduced
Commonwealth Equity Services, LLC248,893$1.53M0.00%+16,759+7.2%Added
Horizon Investments, LLC242,117$1.49M0.02%+59,427+32.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)233,481$1.44M0.00%+33,466+16.7%Added
Cetera Investment Advisers230,833$1.42M0.00%+14,474+6.7%Added
Great West Life Assurance Co226,608$1.40M0.00%−279,906−55.3%Reduced
Quadrature Capital Ltd223,700$1.38M0.01%+51,100+29.6%Added
Citigroup Inc216,524$1.33M0.00%−197,939−47.8%Reduced
Jump Financial, LLC203,834$1.25M0.02%−314,222−60.7%Reduced
Triasima Portfolio Management inc.201,732$1.24M0.19%+2,767+1.4%Added