Nextpower (NXT): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
10 concentrated managers hold it (+3 vs last quarter) with a median weight of 0.9%.
Who owns Nextpower?
Holders that filed a Schedule 13D or 13G with the SEC for owning more than 5% of the shares: FMR (13G/A filed Aug 6, 2026), BlackRock (13G/A filed Jul 29, 2026) and Vanguard Capital Management (13G filed Apr 30, 2026). As of Jun 30, 2026, the largest holders reported on Form 13F were BlackRock (21.1 million shares), FMR (18.8 million shares) and Primecap Management (6.7 million shares).
Which institutions hold the most Nextpower shares?
Per Form 13F filings as of Jun 30, 2026:
- 1. BlackRock: 21.1 million shares
- 2. FMR: 18.8 million shares
- 3. Primecap Management: 6.7 million shares
- 4. Vanguard Capital Management: 6.5 million shares
- 5. Vanguard Portfolio Management: 6.0 million shares
- 6. Invesco: 4.9 million shares
- 7. State Street: 4.7 million shares
- 8. Wellington Management Group LLP: 3.4 million shares
- 9. Geode Capital Management: 3.4 million shares
- 10. Fundsmith LLP: 2.9 million shares
Sources:13G/A by FMR (Aug 6, 2026) ↗13G/A by BlackRock (Jul 29, 2026) ↗13G by Vanguard Capital Management (Apr 30, 2026) ↗All of the company's proxy statements on EDGAR ↗
We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Nextpower revenue
Nextpower reported annual revenue of $3.56 billion for fiscal year 2026 (year ended March 31, 2026), according to its Form 10-K filed with the SEC (XBRL data).
Well-known investors holding it
Quarter flow (concentrated managers)
Change in managers (7 → 10): 3 opened · 0 exited = +3
Net flow in the quarter: +$484M (+4.1 M shares) · bought $484M and sold $91KShares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
The set of concentrated managers changed between quarters: with the set as it was then, 6 held it last quarter (the chart point); with today's set, 7 (the base for the change).
Concentrated managers holding it
- Fundsmith LLPNew$340M2.5%+2.5 pp
- Fundsmith Investment ServicesNew$108M2.4%+2.4 pp
- One Fin Capital Management$35.7M12.5%
- Cushing Asset Management, LP dba NXG Investment ManagementIncreased$21.6M1.0%+0.2 pp
- Electron Capital PartnersIncreased$21.2M0.8%+0.7 pp
- Generate Investment ManagementNew$10.2M0.4%+0.4 pp
- Palo Duro Investment PartnersReduced$7.4M1.4%−0.0 pp
- SIR Capital ManagementIncreased$5.2M0.6%+0.3 pp
- Shaker InvestmentsIncreased$2.3M0.8%+0.1 pp
- PAR Capital Management$206K0.0%
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Other relevant holders
Filers with $100M or more in the stock that do not count as concentrated managers because of their type: they are left out of the counts, the consensus and the accumulation.
- Norges BankPension or sovereign fund$160M0.0%
Largest holders of NXT (all 13F filers)
- BlackRock21.1 MIndex manager · 14.04% of the company−3.7 M
- FMR18.8 MInvestment firm · 12.45% of the company−1.5 M
- Primecap Management6.7 MInvestment firm · 4.44% of the company−72 K
- Vanguard Capital Management6.5 MIndex manager · 4.32% of the company+99 K
- Vanguard Portfolio Management6.0 MIndex manager · 3.96% of the company−749 K
- Invesco4.9 MInvestment firm · 3.23% of the company+130 K
- State Street4.7 MIndex manager · 3.15% of the company−722 K
- Wellington Management Group LLP3.4 MInvestment firm · 2.28% of the company−314 K
- Geode Capital Management3.4 MIndex manager · 2.27% of the company−987 K
- Fundsmith LLPconcentrated2.9 MInvestment firm · 1.90% of the company+2.9 M
- Shares
- 21.1 M
- Change
- −3.7 M
- % of the company
- 14.04%
See more
- Type
- Index manager
- Value
- $2.5 bn
- Shares
- 18.8 M
- Change
- −1.5 M
- % of the company
- 12.45%
See more
- Type
- Investment firm
- Value
- $2.2 bn
- Shares
- 6.7 M
- Change
- −72 K
- % of the company
- 4.44%
See more
- Type
- Investment firm
- Value
- $797M
- Shares
- 6.5 M
- Change
- +99 K
- % of the company
- 4.32%
See more
- Type
- Index manager
- Value
- $775M
- Shares
- 6.0 M
- Change
- −749 K
- % of the company
- 3.96%
See more
- Type
- Index manager
- Value
- $710M
- Shares
- 4.9 M
- Change
- +130 K
- % of the company
- 3.23%
See more
- Type
- Investment firm
- Value
- $580M
- Shares
- 4.7 M
- Change
- −722 K
- % of the company
- 3.15%
See more
- Type
- Index manager
- Value
- $565M
- Shares
- 3.4 M
- Change
- −314 K
- % of the company
- 2.28%
See more
- Type
- Investment firm
- Value
- $408M
- Shares
- 3.4 M
- Change
- −987 K
- % of the company
- 2.27%
See more
- Type
- Index manager
- Value
- $408M
- Fundsmith LLPconcentrated
- Shares
- 2.9 M
- Change
- +2.9 M
- % of the company
- 1.90%
See more
- Type
- Investment firm
- Value
- $340M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Fundamentals
12-month figures to Oct 2, 2026 · balance sheet as of Oct 2, 2026.
- Operating margin
- 19.0%
- Net margin
- 16.0%
- ROE
- 23.2%
- Revenue (TTM)
- $3.8 bn
- Revenue growth
- 13.7%
- Net income (TTM)
- $613M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- $512M
- Quality vs sector
- 62/100
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2026: 152.7 M
- 1 year
- +2.3%
- 3 years
- +4.7%
- 5 years
- no data
- Buybacks (FY 2026)
- $395K
- Share issuance
- $0
- Stock-based compensation
- $120M3.4% of revenue
- Dividends paid
- no data
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- 0.94
- Interest coverage (operating income ÷ interest)
- no data
- Debt due within 12 months
- no data
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
Flagged material events (8-K)
Change in directors or officers (Item 5.02)
«Nextpower Reports Q2 Fiscal Year 2027 Financial Results»
Unregistered sale of equity securities (Item 3.02)
«Nextpower Announces Agreement to Acquire Zimmermann PV-Steel Group, Strengthening Solar Product Portfolio and Market Footprint»
Unregistered sale of equity securities (Item 3.02)
«Nextpower Announces Entry into Battery Energy Storage (BESS) and AI Data Center Markets with Definitive Agreement to Acquire Prevalon Energy, Increases Fiscal…»
Change in directors or officers (Item 5.02)
«Nextpower Reports Q4 and Fiscal Year 2026 Financial Results»
Change in directors or officers (Item 5.02)
Alert items the company itself flagged in its 8-K filings with the SEC, most serious first. It is the form's label, with no interpretation from us: Item 5.02 covers routine appointments as well as a chief executive's departure; open the filing. The quoted headline is the original press release's.
All material events (8-K)
Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.
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