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Are Institutional Investors Positive on NextEra Energy?

Vincent Kruger
Are Institutional Investors Positive on NextEra Energy?

NextEra Energy (NEE) has rallied the most among its peer stocks this year. The Vanguard Group is the largest institutional investor in the renewables titan. It added net ~0.8 million shares of NEE to its existing holdings in the third quarter. According to its latest filing, Vanguard Group held 41.2 million or 8.6% of NEE’s total outstanding shares on September 30. In the second quarter, Vanguard held 40.4 million total NEE shares.