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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
LPL Financial LLC58,664$428.8K0.00%−4,478−7.1%Reduced
Marshall Wace, LLP66,925$489.2K0.00%−605,779−90.1%Reduced
Acadian Asset Management LLC75,298$547.0K0.00%+61,245+435.8%Added
Virtu Financial LLC85,655$626.0K0.02%+36,910+75.7%Added
Engineers Gate Manager LP88,908$649.9K0.01%+77,460+676.6%Added
Jump Financial, LLC90,810$663.8K0.01%+90,810New
Northern Trust Corp111,270$813.4K0.00%+64,098+135.9%Added
683 Capital Management, LLC120,000$877.2K0.07%+120,000New
Lighthouse Investment Partners, LLC128,800$941.5K0.03%−56,200−30.4%Reduced
Point72 Asset Management, L.P.140,087$1.02M0.00%+140,087New
UBS Group AG146,860$1.07M0.00%−288,292−66.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)147,516$1.08M0.00%+147,042+31,021.5%Added
Goldman Sachs Group Inc169,262$1.24M0.00%+89,322+111.7%Added
BNP Paribas Arbitrage, SA200,888$1.47M0.00%−103,725−34.1%Reduced
Citadel Advisors LLC203,964$1.49M0.00%+157,307+337.2%Added
Jane Street Group, LLC212,563$1.55M0.00%−50,178−19.1%Reduced
Balyasny Asset Management LLC222,618$1.63M0.00%+222,618New
Mirabella Financial Services LLP233,787$1.71M0.16%+233,787New
State Street Corp247,502$1.81M0.00%+147,400+147.2%Added
JPMorgan Chase & Co284,413$2.08M0.00%+280,615+7,388.5%Added
Morgan Stanley315,275$2.30M0.00%+34,853+12.4%Added
Millennium Management LLC319,764$2.34M0.00%+186,878+140.6%Added
Mirae Asset Global ETFs Holdings Ltd.406,241$2.98M0.00%+21,220+5.5%Added
Connor, Clark & Lunn Investment Management Ltd.422,535$3.09M0.01%+241,456+133.3%Added
Deutsche Bank AG423,580$3.10M0.00%+405,223+2,207.5%Added
Federated Hermes, Inc.435,778$3.19M0.01%+74,878+20.7%Added
Geode Capital Management, LLC592,390$4.33M0.00%+317,301+115.3%Added
Trexquant Investment LP894,800$6.54M0.06%+553,660+162.3%Added
BlackRock, Inc.952,744$6.96M0.00%+465,770+95.6%Added
Two Sigma Advisers, LP980,797$7.17M0.01%+418,300+74.4%Added
Two Sigma Investments, LP1,004,944$7.35M0.01%+319,245+46.6%Added
Renaissance Technologies LLC1,219,600$8.92M0.01%+150,600+14.1%Added
Susquehanna International Group, LLP1,234,295$9.02M0.01%+658,224+114.3%Added
CenterBook Partners LP1,278,746$9.35M0.46%+1,278,746New
Invesco Ltd.1,505,430$11.0M0.00%+647,151+75.4%Added
Vanguard Group Inc2,495,652$18.2M0.00%+1,422,043+132.5%Added
Legal & General Group Plc2,893,183$21.1M0.00%+2,893,183New
PayPay Securities Corp0$00.00%−1−100.0%Sold out
Walleye Capital LLC0$00.00%−287,113−100.0%Sold out
Arosa Capital Management LP0$00.00%−150,000−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−121,088−100.0%Sold out
MYDA Advisors LLC0$00.00%−100,000−100.0%Sold out
HRT Financial LP0$00.00%−51,368−100.0%Sold out
XTX Topco Ltd0$00.00%−47,630−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−29,298−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−19,700−100.0%Sold out
Independent Advisor Alliance0$00.00%−10,270−100.0%Sold out
HighTower Advisors, LLC0$00.00%−10,061−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−8,000−100.0%Sold out
Walleye Trading LLC0$00.00%−3,777−100.0%Sold out
S&T Bank0$00.00%−100−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−63−100.0%Sold out
Grey Fox Wealth Advisors, LLC0$00.00%−51−100.0%Sold out
Sound Income Strategies, LLC0$00.00%−16−100.0%Sold out
Main Street Group, LTD0$00.00%−17−100.0%Sold out
Global Retirement Partners, LLC0$00.00%−10−100.0%Sold out
Wolff Wiese Magana LLC0$00.00%−9−100.0%Sold out
Principal Securities, Inc.0$00.00%−5−100.0%Sold out