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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
CWM, LLC51$00.00%−63−55.3%Reduced
Coston, McIsaac & Partners33$00.00%00.0%Unchanged
Motiv8 Investments LLC3$00.00%+3New
Vision Retirement, LLC1$70.00%+1New
Activest Wealth Management2$150.00%00.0%Unchanged
ZRC Wealth Management, LLC2$150.00%00.0%Unchanged
Crewe Advisors LLC3$220.00%00.0%Unchanged
SageView Advisory Group, LLC3$220.00%+3New
NCP Inc.5$370.00%+5New
Larson Financial Group LLC6$440.00%00.0%Unchanged
CGC Financial Services, LLC6$440.00%00.0%Unchanged
National Bank of Canada12$880.00%−1,265−99.1%Reduced
CoreCap Advisors, LLC13$950.00%00.0%Unchanged
Clearstead Advisors, LLC13$960.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co20$1460.00%00.0%Unchanged
Creative Financial Designs Inc26$1900.00%00.0%Unchanged
1620 Investment Advisors, Inc.30$2190.00%00.0%Unchanged
WPG Advisers, LLC31$2270.00%00.0%Unchanged
VSM Wealth Advisory, LLC32$2340.00%00.0%Unchanged
Anfield Capital Management, LLC37$2700.00%00.0%Unchanged
Trust Co of Toledo NA46$3360.00%00.0%Unchanged
GWM Advisors LLC50$3660.00%00.0%Unchanged
Parkside Financial Bank & Trust53$3880.00%00.0%Unchanged
Russell Investments Group, Ltd.57$4170.00%00.0%Unchanged
Winch Advisory Services, LLC62$4510.00%00.0%Unchanged
International Assets Investment Management, LLC62$4530.00%+62New
MAI Capital Management66$4830.00%00.0%Unchanged
Wellington-Altus USA Inc.73$5340.00%+73New
South State Corp.78$5700.00%00.0%Unchanged
Flagship Harbor Advisors, LLC100$7310.00%+100New
Nisa Investment Advisors, LLC110$8040.00%00.0%Unchanged
Valley National Advisers Inc150$1.00K0.00%00.0%Unchanged
Roble, Belko & Company, Inc99$1.00K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec153$1.12K0.00%+33+27.5%Added
Umb Bank N A166$1.21K0.00%+166New
Kilter Group LLC200$1.46K0.00%+100+100.0%Added
Fortitude Family Office, LLC207$1.51K0.00%00.0%Unchanged
Cheviot Value Management, LLC167$1.61K0.00%00.0%Unchanged
IFP Advisors, Inc237$1.73K0.00%00.0%Unchanged
Allworth Financial LP239$1.75K0.00%−3−1.2%Reduced
Golden State Wealth Management, LLC275$2.01K0.00%00.0%Unchanged
Comerica Bank283$2.07K0.00%00.0%Unchanged
Signaturefd, LLC294$2.15K0.00%+294New
Massmutual Trust Co FSB300$2.19K0.00%00.0%Unchanged
GAMMA Investing LLC527$3.85K0.00%+138+35.5%Added
TD Waterhouse Canada Inc.603$4.40K0.00%00.0%Unchanged
Quest Partners LLC606$4.43K0.00%+606New
Pacific Center for Financial Services703$5.48K0.00%00.0%Unchanged
Stonehage Fleming Financial Services Holdings Ltd942$6.89K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.1,008$7.37K0.00%−75−6.9%Reduced
Jones Financial Companies LLLP1,220$8.92K0.00%+971+390.0%Added
Belvedere Trading LLC1,273$9.31K0.00%+1,273New
Pinnacle Wealth Planning Services, Inc.1,405$10.3K0.00%+1,405New
SBI Securities Co., Ltd.1,469$10.7K0.00%−834−36.2%Reduced
Advisor Group Holdings, Inc.1,526$11.1K0.00%+302+24.7%Added
Quadrant Capital Group LLC1,524$11.1K0.00%+1,524New
Wells Fargo & Company2,090$15.3K0.00%+1,763+539.1%Added
Leonteq Securities AG2,127$15.5K0.00%+337+18.8%Added
Quarry LP3,047$22.3K0.00%+519+20.5%Added
US Bancorp3,763$27.5K0.00%+3,763New
Kestra Advisory Services, LLC4,009$29.3K0.00%+4,009New
Banque Cantonale Vaudoise5,767$42.0K0.00%+233+4.2%Added
FMR LLC8,042$58.8K0.00%+3,522+77.9%Added
Tower Research Capital LLC (TRC)8,527$62.3K0.00%+8,527New
MinichMacGregor Wealth Management, LLC10,013$73.2K0.01%00.0%Unchanged
Davy Global Fund Management Ltd10,628$77.7K0.01%+10,628New
Citigroup Inc10,912$79.8K0.00%+5,363+96.6%Added
Qube Research & Technologies Ltd10,987$80.3K0.00%−186,706−94.4%Reduced
Franklin Resources Inc11,503$84.1K0.00%+11,503New
Schonfeld Strategic Advisors LLC12,455$91.0K0.00%+12,455New
Algert Global LLC13,060$95.5K0.00%+13,060New
Jain Global LLC13,200$96.5K0.00%+13,200New
Bank of America Corp13,640$99.7K0.00%−242,601−94.7%Reduced
Rhumbline Advisers13,770$100.7K0.00%−800−5.5%Reduced
Canada Pension Plan Investment Board16,600$121.3K0.00%+16,600New
Man Group plc17,989$131.5K0.00%−43,614−70.8%Reduced
Oxford Asset Management LLP19,006$138.9K0.05%+19,006New
Caitong International Asset Management Co., Ltd19,473$142.3K0.03%+11,855+155.6%Added
Royal Bank of Canada20,430$149.0K0.00%−1,524−6.9%Reduced
Panagora Asset Management Inc22,695$165.9K0.00%+22,695New
Amundi23,326$170.5K0.00%+23,326New
Scientech Research LLC24,233$177.1K0.11%+24,233New
American Century Companies Inc26,450$193.3K0.00%+16,283+160.2%Added
Price T Rowe Associates Inc27,252$200.0K0.00%−5,522−16.8%Reduced
Simplex Trading, LLC28,782$210.4K0.01%+26,496+1,159.1%Added
Entropy Technologies, LP29,183$213.3K0.01%+29,183New
Charles Schwab Investment Management Inc30,971$226.4K0.00%+30,971New
Bridgeway Capital Management, LLC32,000$233.9K0.00%00.0%Unchanged
PEAK6 LLC32,712$239.1K0.01%−35,310−51.9%Reduced
Omers Administration Corp34,200$250.0K0.00%+34,200New
Centiva Capital, LP35,959$262.9K0.02%+35,959New
Barclays PLC37,099$271.2K0.00%+37,097+1,854,850.0%Added
PharVision Advisers, LLC41,982$306.9K0.16%+28,315+207.2%Added
Susquehanna Portfolio Strategies, LLC42,014$307.1K0.00%00.0%Unchanged
Susquehanna Fundamental Investments, LLC44,957$328.6K0.01%+44,957New
Squarepoint Ops LLC50,297$367.7K0.00%+25,727+104.7%Added
Hudson Bay Capital Management LP51,810$378.7K0.00%+51,810New
Dimensional Fund Advisors LP55,896$408.9K0.00%+31,758+131.6%Added
Bayforest Capital Ltd56,032$409.6K0.31%+56,032New
Raymond James Financial Inc58,350$426.5K0.00%+58,350New