WE

WEC WEC ENERGY GROUP INC

2026Q2 · CUSIP 92939U106 · Sector: Utilities

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,400
Institutions that reported holding it to the SEC
Net increase in holders
+31
Last quarter 1,369 → now 1,400
How unusual is that
Top 20%
Stronger buying than 85% of US stocks
What the filings say, in one paragraph

1,400 funds held WEC at the end of 2026Q2, up 31 from the quarter before. That is stronger buying than 85.4% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $10.1B(YoY +8.9%), the P/E is 21.6x, return on equity is 11.6%. WEC has had 26 buying rushes in its history, and the price moved +3.8% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Utilities sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2015Q3: holders=572 2015Q4: holders=573 2016Q1: holders=607 2016Q2: holders=654 2016Q3: holders=640 2016Q4: holders=661 2017Q1: holders=664 2017Q2: holders=668 2017Q3: holders=674 2017Q4: holders=747 2018Q1: holders=748 2018Q2: holders=766 2018Q3: holders=759 2018Q4: holders=805 2019Q1: holders=827 2019Q2: holders=817 2019Q3: holders=861 2019Q4: holders=888 2020Q1: holders=908 2020Q2: holders=870 2020Q3: holders=876 2020Q4: holders=933 2021Q1: holders=903 2021Q2: holders=922 2021Q3: holders=908 2021Q4: holders=980 2022Q1: holders=994 2022Q2: holders=1018 2022Q3: holders=991 2022Q4: holders=1045 2023Q1: holders=1000 2023Q2: holders=1010 2023Q3: holders=979 2023Q4: holders=1037 2024Q1: holders=1031 2024Q2: holders=1066 2024Q3: holders=1119 2024Q4: holders=1188 2025Q1: holders=1257 2025Q2: holders=1251 2025Q3: holders=1281 2025Q4: holders=1337 2026Q1: holders=1369 2026Q2: holders=1400 -73 -36.5 +0 +36.5 +73 5149921470 15Q316Q418Q119Q220Q321Q423Q124Q225Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 26 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2026Q1 Top 10% +6.5% -2.6%
2025Q4 Top 10% +2.4% -2.3%
2025Q3 Top 20% -5.8% +2.9%
2025Q1 Top 5% -2.7% +2.0%
2024Q4 Top 10% +5.7% +4.3%
2024Q3 Top 5% -5.5% +5.7%
2024Q2 Top 10% +8.1% +8.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
315
Change in large funds
+26
Total value they hold
$32.5B
Funds buying for the first time
124
Funds that sold out entirely
93
Price change that quarter
+0.9%
Funds holding puts (bearish)
6
Funds holding calls (bullish)
9

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
21.6
EPS (TTM)
$5.14
EPS YoY
-1.5%
Revenue (TTM)
$10.1B
Revenue YoY
+8.9%
Net margin
16.7%
ROE
11.6%
Debt ratio
72.4%
FCF (TTM)
—
Dividend (TTM)
$3.69
Quarterly Revenue & EPS
2021-09-30: EPS 0.92 2021-12-31: EPS 0.71 2022-03-31: EPS 1.79 2022-06-30: EPS 0.91 2022-09-30: EPS 0.96 2022-12-31: EPS 0.79 2023-03-31: EPS 1.61 2023-06-30: EPS 0.92 2023-09-30: EPS 1.00 2023-12-31: EPS 0.69 2024-03-31: EPS 1.97 2024-06-30: EPS 0.67 2024-09-30: EPS 0.76 2024-12-31: EPS 1.43 2025-03-31: EPS 2.27 2025-06-30: EPS 0.76 2025-09-30: EPS 0.83 2025-12-31: EPS 0.95 2026-03-31: EPS 2.45 2026-06-30: EPS 0.91 0B 1.7B 3.4B $B 0.00 1.35 2.70 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 20 15 20 25 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-1.0B-158M693M 20162017201820192020202120222023202420252026
Latest quarter $401M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.