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Fuelcell Energy Inc

FCEL
Exchange
Nasdaq
Industry
Electrical Industrial Apparatus
SEC CIK
0000886128

In the last 90 days, Fuelcell Energy Inc insiders filed 2 open-market purchases and 1 sale; 223 institutions reported holding it in 13F filings for Q2 2026, worth $1.48B in total; no superinvestor holds it.

Other share classesFCELB

13F holders, Q4 2025

Institutional positions in Fuelcell Energy Inc 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
137
+20 vs. Q3 2025
Shares held
21.5M
+10.2M (+90.8%) vs. Q3 2025
Total value
$156.9M
+$69.2M (+78.8%) vs. Q3 2025
New holders
41
42 more added
Sold out
21
18 more reduced

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

Holders and value by quarter

Institutions reporting FCEL 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: 137 institutions
Q1 2021: 256 institutionsQ2 2021: 242 institutionsQ3 2021: 251 institutionsQ4 2021: 283 institutionsQ1 2022: 264 institutionsQ2 2022: 256 institutionsQ3 2022: 258 institutionsQ4 2022: 252 institutionsQ1 2023: 257 institutionsQ2 2023: 246 institutionsQ3 2023: 246 institutionsQ4 2023: 234 institutionsQ1 2024: 224 institutionsQ2 2024: 204 institutionsQ3 2024: 185 institutionsQ4 2024: 108 institutionsQ1 2025: 101 institutionsQ2 2025: 100 institutionsQ3 2025: 117 institutionsQ4 2025: 137 institutionsQ1 2026: 143 institutionsQ2 2026: 223 institutions
Value heldQ4 2025: $156.9M
Q1 2021: $1.63BQ2 2021: $1.19BQ3 2021: $930.7MQ4 2021: $782.0MQ1 2022: $874.9MQ2 2022: $631.2MQ3 2022: $605.8MQ4 2022: $508.8MQ1 2023: $548.5MQ2 2023: $429.2MQ3 2023: $248.0MQ4 2023: $310.8MQ1 2024: $226.1MQ2 2024: $128.5MQ3 2024: $69.7MQ4 2024: $73.1MQ1 2025: $38.4MQ2 2025: $27.8MQ3 2025: $87.8MQ4 2025: $156.9MQ1 2026: $161.1MQ2 2026: $1.48B
Institutions holding FCEL and their total value by quarter
QuarterHoldersValue
Q2 2026223$1.48B
Q1 2026143$161.1M
Q4 2025137$156.9M
Q3 2025117$87.8M
Q2 2025100$27.8M
Q1 2025101$38.4M
Q4 2024108$73.1M
Q3 2024185$69.7M
Q2 2024204$128.5M
Q1 2024224$226.1M
Q4 2023234$310.8M
Q3 2023246$248.0M
Q2 2023246$429.2M
Q1 2023257$548.5M
Q4 2022252$508.8M
Q3 2022258$605.8M
Q2 2022256$631.2M
Q1 2022264$874.9M
Q4 2021283$782.0M
Q3 2021251$930.7M
Q2 2021242$1.19B
Q1 2021256$1.63B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Fuelcell Energy Inc; share changes are against Q3 2025.

Institutions holding FCEL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Legal & General Group Plc2,893,183$21.1M0.00%+2,893,183New
Vanguard Group Inc2,495,652$18.2M0.00%+1,422,043+132.5%Added
Invesco Ltd.1,505,430$11.0M0.00%+647,151+75.4%Added
CenterBook Partners LP1,278,746$9.35M0.46%+1,278,746New
Susquehanna International Group, LLP1,234,295$9.02M0.01%+658,224+114.3%Added
Renaissance Technologies LLC1,219,600$8.92M0.01%+150,600+14.1%Added
Two Sigma Investments, LP1,004,944$7.35M0.01%+319,245+46.6%Added
Two Sigma Advisers, LP980,797$7.17M0.01%+418,300+74.4%Added
BlackRock, Inc.952,744$6.96M0.00%+465,770+95.6%Added
Trexquant Investment LP894,800$6.54M0.06%+553,660+162.3%Added
Geode Capital Management, LLC592,390$4.33M0.00%+317,301+115.3%Added
Federated Hermes, Inc.435,778$3.19M0.01%+74,878+20.7%Added
Deutsche Bank AG423,580$3.10M0.00%+405,223+2,207.5%Added
Connor, Clark & Lunn Investment Management Ltd.422,535$3.09M0.01%+241,456+133.3%Added
Mirae Asset Global ETFs Holdings Ltd.406,241$2.98M0.00%+21,220+5.5%Added
Millennium Management LLC319,764$2.34M0.00%+186,878+140.6%Added
Morgan Stanley315,275$2.30M0.00%+34,853+12.4%Added
JPMorgan Chase & Co284,413$2.08M0.00%+280,615+7,388.5%Added
State Street Corp247,502$1.81M0.00%+147,400+147.2%Added
Mirabella Financial Services LLP233,787$1.71M0.16%+233,787New
Balyasny Asset Management LLC222,618$1.63M0.00%+222,618New
Jane Street Group, LLC212,563$1.55M0.00%−50,178−19.1%Reduced
Citadel Advisors LLC203,964$1.49M0.00%+157,307+337.2%Added
BNP Paribas Arbitrage, SA200,888$1.47M0.00%−103,725−34.1%Reduced
Goldman Sachs Group Inc169,262$1.24M0.00%+89,322+111.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)147,516$1.08M0.00%+147,042+31,021.5%Added
UBS Group AG146,860$1.07M0.00%−288,292−66.3%Reduced
Point72 Asset Management, L.P.140,087$1.02M0.00%+140,087New
Lighthouse Investment Partners, LLC128,800$941.5K0.03%−56,200−30.4%Reduced
683 Capital Management, LLC120,000$877.2K0.07%+120,000New
Northern Trust Corp111,270$813.4K0.00%+64,098+135.9%Added
Jump Financial, LLC90,810$663.8K0.01%+90,810New
Engineers Gate Manager LP88,908$649.9K0.01%+77,460+676.6%Added
Virtu Financial LLC85,655$626.0K0.02%+36,910+75.7%Added
Acadian Asset Management LLC75,298$547.0K0.00%+61,245+435.8%Added
Marshall Wace, LLP66,925$489.2K0.00%−605,779−90.1%Reduced
LPL Financial LLC58,664$428.8K0.00%−4,478−7.1%Reduced
Raymond James Financial Inc58,350$426.5K0.00%+58,350New
Bayforest Capital Ltd56,032$409.6K0.31%+56,032New
Dimensional Fund Advisors LP55,896$408.9K0.00%+31,758+131.6%Added
Hudson Bay Capital Management LP51,810$378.7K0.00%+51,810New
Squarepoint Ops LLC50,297$367.7K0.00%+25,727+104.7%Added
Susquehanna Fundamental Investments, LLC44,957$328.6K0.01%+44,957New
Susquehanna Portfolio Strategies, LLC42,014$307.1K0.00%00.0%Unchanged
PharVision Advisers, LLC41,982$306.9K0.16%+28,315+207.2%Added
Barclays PLC37,099$271.2K0.00%+37,097+1,854,850.0%Added
Centiva Capital, LP35,959$262.9K0.02%+35,959New
Omers Administration Corp34,200$250.0K0.00%+34,200New
PEAK6 LLC32,712$239.1K0.01%−35,310−51.9%Reduced
Bridgeway Capital Management, LLC32,000$233.9K0.00%00.0%Unchanged
Charles Schwab Investment Management Inc30,971$226.4K0.00%+30,971New
Entropy Technologies, LP29,183$213.3K0.01%+29,183New
Simplex Trading, LLC28,782$210.4K0.01%+26,496+1,159.1%Added
Price T Rowe Associates Inc27,252$200.0K0.00%−5,522−16.8%Reduced
American Century Companies Inc26,450$193.3K0.00%+16,283+160.2%Added
Scientech Research LLC24,233$177.1K0.11%+24,233New
Amundi23,326$170.5K0.00%+23,326New
Panagora Asset Management Inc22,695$165.9K0.00%+22,695New
Royal Bank of Canada20,430$149.0K0.00%−1,524−6.9%Reduced
Caitong International Asset Management Co., Ltd19,473$142.3K0.03%+11,855+155.6%Added
Oxford Asset Management LLP19,006$138.9K0.05%+19,006New
Man Group plc17,989$131.5K0.00%−43,614−70.8%Reduced
Canada Pension Plan Investment Board16,600$121.3K0.00%+16,600New
Rhumbline Advisers13,770$100.7K0.00%−800−5.5%Reduced
Bank of America Corp13,640$99.7K0.00%−242,601−94.7%Reduced
Jain Global LLC13,200$96.5K0.00%+13,200New
Algert Global LLC13,060$95.5K0.00%+13,060New
Schonfeld Strategic Advisors LLC12,455$91.0K0.00%+12,455New
Franklin Resources Inc11,503$84.1K0.00%+11,503New
Qube Research & Technologies Ltd10,987$80.3K0.00%−186,706−94.4%Reduced
Citigroup Inc10,912$79.8K0.00%+5,363+96.6%Added
Davy Global Fund Management Ltd10,628$77.7K0.01%+10,628New
MinichMacGregor Wealth Management, LLC10,013$73.2K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)8,527$62.3K0.00%+8,527New
FMR LLC8,042$58.8K0.00%+3,522+77.9%Added
Banque Cantonale Vaudoise5,767$42.0K0.00%+233+4.2%Added
Kestra Advisory Services, LLC4,009$29.3K0.00%+4,009New
US Bancorp3,763$27.5K0.00%+3,763New
Quarry LP3,047$22.3K0.00%+519+20.5%Added
Leonteq Securities AG2,127$15.5K0.00%+337+18.8%Added
Wells Fargo & Company2,090$15.3K0.00%+1,763+539.1%Added
Quadrant Capital Group LLC1,524$11.1K0.00%+1,524New
Advisor Group Holdings, Inc.1,526$11.1K0.00%+302+24.7%Added
SBI Securities Co., Ltd.1,469$10.7K0.00%−834−36.2%Reduced
Pinnacle Wealth Planning Services, Inc.1,405$10.3K0.00%+1,405New
Belvedere Trading LLC1,273$9.31K0.00%+1,273New
Jones Financial Companies LLLP1,220$8.92K0.00%+971+390.0%Added
The PNC Financial Services Group, Inc.1,008$7.37K0.00%−75−6.9%Reduced
Stonehage Fleming Financial Services Holdings Ltd942$6.89K0.00%00.0%Unchanged
Pacific Center for Financial Services703$5.48K0.00%00.0%Unchanged
Quest Partners LLC606$4.43K0.00%+606New
TD Waterhouse Canada Inc.603$4.40K0.00%00.0%Unchanged
GAMMA Investing LLC527$3.85K0.00%+138+35.5%Added
Massmutual Trust Co FSB300$2.19K0.00%00.0%Unchanged
Signaturefd, LLC294$2.15K0.00%+294New
Comerica Bank283$2.07K0.00%00.0%Unchanged
Golden State Wealth Management, LLC275$2.01K0.00%00.0%Unchanged
Allworth Financial LP239$1.75K0.00%−3−1.2%Reduced
IFP Advisors, Inc237$1.73K0.00%00.0%Unchanged
Cheviot Value Management, LLC167$1.61K0.00%00.0%Unchanged