TXNM EnergyTXNM
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 365 institutions reported holding TXNM Energy Inc. (TXNM) in their 13F filings, up 14 from Q2 2025. 51 opened new positions and 35 sold out. The largest holders were BlackRock, Inc. ($716.2M), Vanguard Group Inc. ($654.2M) and Blackstone Inc. ($452.4M). 8 famous investors held it, including Mario Gabelli (0.4% of GAMCO Investors's portfolio), Jeremy Grantham (0.1% of GMO's portfolio) and Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio).
- Company
- TXNM Energy Inc.
- CUSIP
- 69349H107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 51 | $155.9M |
| Exits | 35 | $124.3M |
All 13F filers, Q2 2025 → Q3 2025: 18,593,760 shares bought and 17,874,714 shares sold, net +719,046 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 365 holders
| BlackRock, Inc. | 0.01% | Add +1.7% | 12,664,143 | $716.2M |
| Vanguard Group Inc. | 0.01% | Add +16.0% | 11,568,926 | $654.2M |
| Blackstone Inc. | 1.93% | No change | 8,000,000 | $452.4M |
| Balyasny Asset Management L.P. | 0.48% | Add +344.9% | 4,042,301 | $228.6M |
| State Street Corp. | 0.01% | Add +2.4% | 3,668,197 | $207.4M |
| Zimmer Partners, LP | 4.68% | Reduce -6.3% | 3,389,018 | $191.6M |
| Reaves W H & Co. Inc. | 2.57% | Reduce -0.8% | 2,551,398 | $144.3M |
| Geode Capital Management, LLC | 0.01% | Add +5.9% | 2,409,409 | $136.3M |
| D. E. Shaw & Co. | 0.09% | Add +518.2% | 1,747,985 | $98.8M |
| Millennium Management | 0.08% | Add +348.2% | 1,701,836 | $96.2M |
| Magnetar Financial LLC | 0.61% | Add +2.4% | 1,689,221 | $95.5M |
| Sona Asset Management (us) LLC | 12.10% | Add +79.8% | 1,663,830 | $94.1M |
| Dimensional Fund Advisors LP | 0.02% | Reduce -0.8% | 1,524,702 | $86.2M |
| Empyrean Capital Partners, LP | 3.65% | No change | 1,442,554 | $81.6M |
| Adage Capital Partners Gp, L.L.C. | 0.13% | Reduce -18.7% | 1,433,275 | $81.1M |
| Franklin Resources Inc. | 0.02% | Reduce -13.0% | 1,319,734 | $74.6M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -31.4% | 1,262,178 | $71.4M |
| River Road Asset Management, LLC | 0.79% | Reduce -3.1% | 1,246,202 | $70.5M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +2.2% | 1,230,913 | $69.6M |
| Northern Trust Corp. | 0.01% | Add +1.8% | 1,196,845 | $67.7M |
| FMR LLC | 0.00% | Reduce -61.9% | 1,194,759 | $67.6M |
| Pentwater Capital Management LP | 0.60% | Add +5.7% | 1,190,000 | $67.3M |
| AQR Arbitrage LLC | 2.10% | Add +6.5% | 1,047,107 | $59.2M |
| Bank of New York Mellon Corp | 0.01% | Reduce -15.2% | 1,039,661 | $58.8M |
| Invesco Ltd. | 0.01% | Add +29.2% | 1,025,607 | $58.0M |
| Citadel Advisors | 0.05% | Add +19952.4% | 1,007,033 | $56.9M |
| Qube Research & Technologies Ltd | 0.08% | Add +228.7% | 1,001,951 | $56.7M |
| T. Rowe Price Investment Management, Inc. | 0.03% | Reduce -78.4% | 953,795 | $53.9M |
| Alliancebernstein L.P. | 0.02% | Reduce -71.7% | 948,959 | $53.7M |
| Gabelli Funds LLC | 0.33% | Add +18.3% | 855,464 | $48.4M |
| Neuberger Berman Group LLC | 0.03% | Add +124.8% | 810,083 | $45.8M |
| UBS Group AG | 0.01% | Reduce -25.1% | 807,249 | $45.6M |
| GAMCO Investors | 0.44% | Reduce -1.5% | 803,660 | $45.4M |
| JPMorgan Chase & Co. | 0.00% | Reduce -19.5% | 795,499 | $45.0M |
| Nexpoint Asset Management, L.P. | 3.68% | Reduce -6.5% | 725,660 | $41.0M |
| Morgan Stanley | 0.00% | Reduce -8.5% | 711,429 | $40.2M |
| Fuller & Thaler Asset Management, Inc. | 0.14% | Reduce -12.2% | 709,741 | $40.1M |
| Governors Lane LP | 5.46% | Add +105.8% | 691,269 | $39.1M |
| Hudson Bay Capital Management LP | 0.27% | Add +79.8% | 684,996 | $38.7M |
| GMO | 0.11% | Add +40.2% | 676,094 | $38.2M |
| LMR Partners LLP | 0.72% | Reduce -22.4% | 664,967 | $37.6M |
| First Trust Advisors LP | 0.03% | Reduce -9.5% | 658,017 | $37.2M |
| Highbridge Capital Management LLC | 5.26% | Add +2063.6% | 649,067 | $36.7M |
| Verition Fund Management LLC | 0.22% | Add +9.8% | 640,659 | $36.2M |
| Alberta Investment Management Corp | 0.27% | Add +20.0% | 600,000 | $33.9M |
| Sand Grove Capital Management LLP | 16.39% | Add +74.8% | 593,111 | $33.5M |
| Melqart Asset Management (UK) Ltd | 4.41% | New | 584,757 | $33.1M |
| Alyeska Investment Group, L.P. | 0.09% | Reduce -29.5% | 543,278 | $30.7M |
| Legal & General Group Plc | 0.01% | Add +1.8% | 536,092 | $30.3M |
| Readystate Asset Management LP | 2.51% | New | 456,446 | $25.8M |
| Segall Bryant & Hamill, LLC | 0.34% | Reduce -5.1% | 456,156 | $25.8M |
| Water Island Capital LLC | 3.97% | Add +71.7% | 450,660 | $25.5M |
| Citigroup Inc. | 0.02% | Add +61.6% | 442,919 | $25.0M |
| Marshall Wace, LLP | 0.03% | Add +244.8% | 436,462 | $24.7M |
| Aberdeen Group plc | 0.04% | Add +0.3% | 394,569 | $22.3M |
| Birnam Oak Advisors, LP | 5.40% | Add +44.9% | 389,851 | $22.0M |
| HSBC Holdings PLC | 0.01% | Add +8.1% | 382,949 | $21.7M |
| Alpine Associates Management Inc. | 1.25% | Add +86.6% | 363,508 | $20.6M |
| Rhumbline Advisers | 0.01% | Add +0.6% | 331,194 | $18.7M |
| Principal Financial Group Inc. | 0.01% | Add +55.4% | 330,336 | $18.7M |
| Raymond James Financial Inc. | 0.01% | Reduce -25.6% | 328,170 | $18.6M |
| Deutsche Bank AG | 0.01% | Add +4.2% | 323,467 | $18.3M |
| Woodline Partners LP | 0.09% | Reduce -12.5% | 322,000 | $18.2M |
| Bank of America Corp. | 0.00% | Reduce -32.4% | 312,802 | $17.7M |
| Kennedy Capital Management LLC | 0.37% | Add +145.3% | 299,662 | $16.9M |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 2.61% | Add +131.2% | 286,336 | $16.2M |
| Tudor Investment Corporation | 0.10% | Add +35.1% | 270,120 | $15.3M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.07% | Add +2.0% | 258,123 | $14.6M |
| Yaupon Capital Management LP | 0.72% | Add +64.1% | 246,378 | $13.9M |
| Prelude Capital Management, LLC | 1.06% | Add +184.1% | 238,839 | $13.5M |
| WINTON GROUP Ltd | 0.50% | Add +1.8% | 238,050 | $13.5M |
| California Public Employees Retirement System | 0.01% | Reduce -38.0% | 226,047 | $12.8M |
| Barclays PLC | 0.00% | Reduce -1.1% | 225,521 | $12.8M |
| Centiva Capital, LP | 1.19% | Add +6.5% | 225,000 | $12.7M |
| Nuveen, LLC | 0.00% | Reduce -0.1% | 224,856 | $12.7M |
| Victory Capital Management Inc. | 0.01% | Reduce -61.4% | 221,164 | $12.5M |
| Squarepoint Ops LLC | 0.03% | Reduce -49.9% | 214,676 | $12.1M |
| Thornburg Investment Management Inc. | 0.15% | Reduce -19.6% | 207,615 | $11.7M |
| Schonfeld Strategic Advisors LLC | 0.08% | Add +460.2% | 197,763 | $11.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -37.1% | 197,069 | $11.1M |
| Swiss National Bank | 0.01% | Add +3.8% | 183,800 | $10.4M |
| State of Wisconsin Investment Board | 0.02% | Add +53.3% | 174,954 | $9.9M |
| Man Group plc | 0.02% | New | 168,158 | $9.5M |
| Quarry LP | 2.47% | Add +15.0% | 166,813 | $9.4M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.02% | New | 161,000 | $9.1M |
| New York Life Investment Management LLC | 0.08% | Add +5.8% | 152,000 | $8.6M |
| Athos Capital Ltd | 5.25% | New | 142,842 | $8.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -23.3% | 138,735 | $7.8M |
| ProShare Advisors LLC | 0.02% | Reduce -0.1% | 134,905 | $7.6M |
| Stansberry Asset Management, LLC | 0.79% | New | 131,182 | $7.4M |
| Van Lanschot Kempen Investment Management N.V. | 0.07% | Add +2.0% | 130,043 | $7.4M |
| Phocas Financial Corp. | 0.94% | New | 127,951 | $7.2M |
| Retirement Systems of Alabama | 0.02% | Reduce -53.7% | 114,669 | $6.5M |
| Susquehanna Portfolio Strategies, LLC | 0.10% | Reduce -39.9% | 113,290 | $6.4M |
| Wells Fargo & Company | 0.00% | Reduce -7.0% | 107,906 | $6.1M |
| Jane Street Group, LLC | 0.01% | Add +2.3% | 105,638 | $6.0M |
| Credit Industriel Et Commercial | 1.34% | Add +775.0% | 105,000 | $5.9M |
| MetLife Investment Management, LLC | 0.03% | Add +0.3% | 103,823 | $5.9M |
| Point72 Asia (Singapore) Pte. Ltd. | 0.89% | New | 101,968 | $5.8M |
| Angelo Gordon & Co., L.P. | 0.83% | New | 100,697 | $5.7M |
| Picton Mahoney Asset Management | 0.07% | New | 100,000 | $5.7M |
| Intech Investment Management LLC | 0.05% | Add +56.7% | 98,451 | $5.6M |
| Guggenheim Capital LLC | 0.04% | Add +0.7% | 98,030 | $5.5M |
| California State Teachers Retirement System | 0.01% | Add +14.5% | 89,864 | $5.1M |
| Vestcor Inc | 0.15% | Reduce -1.4% | 89,609 | $5.1M |
| Dynamic Technology Lab Private Ltd | 0.84% | Add +305.4% | 87,521 | $4.9M |
| Great Lakes Advisors, LLC | 0.04% | Reduce -4.7% | 86,142 | $4.9M |
| AQR Capital Management | 0.00% | Reduce -6.0% | 85,847 | $4.9M |
| T. Rowe Price Associates Inc. | 0.00% | Add +10.5% | 84,460 | $4.8M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -70.5% | 83,854 | $4.7M |
| Sagefield Capital LP | 0.51% | Reduce -64.6% | 80,592 | $4.6M |
| New York State Teachers Retirement System | 0.01% | Reduce -9.6% | 79,398 | $4.5M |
| Lighthouse Investment Partners, LLC | 0.16% | Add +34.3% | 79,183 | $4.5M |
| Truist Financial Corp. | 0.01% | New | 77,425 | $4.4M |
| Freestone Grove Partners LP | 0.03% | New | 73,664 | $4.2M |
| DLD Asset Management, LP | 1.71% | Add +2.2% | 72,142 | $4.1M |
| Groupe la Francaise | 0.05% | Add +775.0% | 70,000 | $4.0M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.01% | Add +14.6% | 68,800 | $3.9M |
| Burren Capital Advisors Ltd | 10.83% | New | 63,198 | $3.6M |
| TD Waterhouse Canada Inc. | 0.02% | Add +5.9% | 60,997 | $3.5M |
| Magellan Asset Management Ltd | 0.04% | Add +6.1% | 60,864 | $3.4M |
| Mint Tower Capital Management B.V. | 0.83% | Add +9.1% | 60,095 | $3.4M |
| Brevan Howard Capital Management LP | 0.05% | New | 58,359 | $3.3M |
| Macquarie Group Ltd. | 0.00% | Add +11.9% | 57,702 | $3.3M |
| Pathstone Holdings, LLC | 0.01% | Reduce -8.9% | 56,357 | $3.2M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +4.7% | 56,243 | $3.2M |
| Abc Arbitrage SA | 0.31% | New | 56,029 | $3.2M |
| Skandinaviska Enskilda Banken AB (publ) | 0.01% | No change | 55,000 | $3.1M |
| AlphaQuest LLC | 0.19% | New | 50,927 | $2.9M |
| Moore Capital Management, LP | 0.06% | Add +56.3% | 50,000 | $2.8M |
| Comerica Bank | 0.01% | Add +2.6% | 48,499 | $2.7M |
| New York State Common Retirement Fund | 0.00% | Add +60.3% | 47,682 | $2.7M |
| Salzhauer Michael | 1.31% | New | 2,250 | $2.6M |
| Mutual of America Capital Management LLC | 0.03% | Reduce -5.0% | 43,799 | $2.5M |
| BCK Capital Management LP | 2.62% | Add +16.0% | 43,043 | $2.4M |
| NINE MASTS CAPITAL Ltd | 1.08% | Add +114.6% | 42,000 | $2.4M |
| Janus Henderson Group PLC | 0.00% | No change | 41,731 | $2.4M |
| Amalgamated Bank | 0.02% | Add +2.5% | 41,662 | $2.4M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -13.9% | 39,957 | $2.3M |
| Lanark Financial, Inc. | 0.17% | Reduce -0.8% | 39,714 | $2.2M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +1.7% | 37,614 | $2.1M |
| Morningstar Investment Management LLC | 0.08% | New | 37,041 | $2.1M |
| Kintayl Capital LP | 1.37% | Reduce -9.3% | 35,352 | $2.0M |
| Van Eck Associates Corp. | 0.00% | Add +12.1% | 35,020 | $2.0M |
| Polar Asset Management Partners Inc. | 0.06% | Reduce -81.1% | 35,000 | $2.0M |
| Gsa Capital Partners LLP | 0.16% | New | 34,889 | $2.0M |
| Engineers Gate Manager LP | 0.02% | Add +55.9% | 33,988 | $1.9M |
| Nisa Investment Advisors, LLC | 0.01% | Add +0.0% | 31,701 | $1.8M |
| Mariner, LLC | 0.00% | Add +10.0% | 31,234 | $1.8M |
| Royal Bank of Canada | 0.00% | Reduce -42.1% | 30,071 | $1.7M |
| Yousif Capital Management, LLC | 0.02% | Reduce -4.6% | 29,602 | $1.7M |
| Vista Investment Partners LLC | 0.46% | No change | 29,419 | $1.7M |
| Teachers Retirement System of the State of Kentucky | 0.01% | No change | 28,689 | $1.6M |
| First Manhattan Co. Llc. | 0.00% | No change | 28,464 | $1.6M |
| Diametric Capital, LP | 0.59% | New | 28,300 | $1.6M |
| State of Tennessee, Department of Treasury | 0.01% | No change | 28,090 | $1.6M |
| Arizona State Retirement System | 0.01% | Add +3.8% | 28,064 | $1.6M |
| Cambiar Investors LLC | 0.07% | No change | 28,008 | $1.6M |
| Susquehanna International Group, LLP | 0.00% | Reduce -79.8% | 27,740 | $1.6M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 27,462 | $1.6M |
| BNP Paribas Financial Markets | 0.00% | Add +74.1% | 26,653 | $1.5M |
| Louisiana State Employees Retirement System | 0.03% | Add +1.1% | 26,400 | $1.5M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Add +24.7% | 26,331 | $1.5M |
| Ameritas Investment Partners, Inc. | 0.04% | Reduce -5.6% | 25,926 | $1.5M |
| STRS Ohio | 0.01% | No change | 25,400 | $1.4M |
| Alpine Global Management, LLC | 0.37% | New | 25,000 | $1.4M |
| Creative Planning | 0.00% | Add +6.9% | 24,723 | $1.4M |
| Sei Investments Co. | 0.00% | Reduce -88.8% | 24,466 | $1.4M |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -0.2% | 24,364 | $1.4M |
| Teacher Retirement System of Texas | 0.01% | Reduce -6.8% | 23,227 | $1.3M |
| State of Michigan Retirement System | 0.01% | Add +1.4% | 22,589 | $1.3M |
| Thrivent Financial for Lutherans | 0.00% | Reduce -0.1% | 21,789 | $1.2M |
| Moody National Bank Trust Division | 0.10% | Reduce -0.1% | 21,323 | $1.2M |
| Northwestern Mutual Investment Management Company, LLC | 0.02% | Add +2.2% | 21,140 | $1.2M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -23.4% | 19,898 | $1.1M |
| Pacer Advisors, Inc. | 0.00% | Add +432.0% | 19,578 | $1.1M |
| Oregon Public Employees Retirement Fund | 0.01% | Add +1.1% | 19,139 | $1.1M |
| Stifel Financial Corp. | 0.00% | Add +1.1% | 18,692 | $1.1M |
| CSS LLC | 0.18% | Add +19.8% | 18,188 | $1.0M |
| Olympiad Research LP | 1.39% | No change | 17,693 | $1.0M |
| New Mexico Educational Retirement Board | 0.03% | No change | 17,500 | $990K |
| Voya Investment Management LLC | 0.00% | Reduce -32.5% | 16,890 | $955K |
| Two Sigma Investments, LP | 0.00% | Reduce -62.6% | 16,675 | $943K |
| Renaissance Technologies | 0.00% | Reduce -93.2% | 16,600 | $939K |
| Advisors Asset Management, Inc. | 0.02% | Add +8.6% | 16,368 | $926K |
| Resona Asset Management Co.,Ltd. | 0.00% | Add +2.5% | 16,007 | $905K |
| Dark Forest Capital Management LP | 0.03% | New | 15,968 | $903K |
| Osaic Holdings, Inc. | 0.00% | Reduce -1.4% | 15,600 | $883K |
| Bank of Montreal | 0.00% | Reduce -11.3% | 15,585 | $881K |
| XTX Topco Ltd | 0.05% | Reduce -64.7% | 15,536 | $879K |
| Pictet Asset Management Holding SA | 0.00% | Add +13.4% | 15,351 | $868K |
| Alps Advisors Inc. | 0.00% | Add +97.9% | 15,343 | $868K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -71.1% | 14,522 | $821K |
| Quantinno Capital Management LP | 0.00% | Add +29.0% | 14,402 | $814K |
| Prudential Financial Inc. | 0.00% | Reduce -31.2% | 14,144 | $800K |
| Quadrant Capital Group LLC | 0.03% | Add +0.2% | 14,130 | $799K |
| Xponance LLC | 0.01% | Add +3.9% | 13,566 | $767K |
| State of Alaska, Department of Revenue | 0.01% | Add +25.9% | 13,121 | $741K |
| Voloridge Investment Management, LLC | 0.00% | New | 12,631 | $714K |
| Moody LYNN Lieberson & Walker, LLC | 0.04% | Add +2.2% | 12,560 | $710K |
| Farringdon Capital, Ltd. | 0.17% | New | 12,044 | $681K |
| SG Americas Securities, LLC | 0.00% | Reduce -33.0% | 11,845 | $670K |
| Aigen Investment Management, LP | 0.10% | New | 11,375 | $643K |
| Bank & Trust Co | 0.47% | Reduce -2.0% | 11,261 | $637K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +1.4% | 11,075 | $626K |
| Hennion & Walsh Asset Management, Inc. | 0.02% | Add +28.9% | 10,650 | $602K |
| Greenland Capital Management LP | 0.10% | Add +82.5% | 10,662 | $602K |
| CIBC Bancorp USA Inc. | 0.00% | — | 10,397 | $588K |
| Inspire Investing, LLC | 0.06% | Add +2.5% | 10,376 | $587K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -2.4% | 10,281 | $584K |
| Tower Research Capital LLC (TRC) | 0.02% | Reduce -41.7% | 9,795 | $554K |
| Vident Advisory, LLC | 0.01% | New | 9,441 | $534K |
| Mercer Global Advisors Inc. | 0.00% | Add +44.9% | 8,316 | $470K |
| M&T Bank Corp | 0.00% | Add +30.4% | 8,174 | $463K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -11.9% | 8,059 | $456K |
| Kestra Investment Management, LLC | 0.01% | Reduce -2.8% | 7,842 | $443K |
| ExodusPoint Capital Management, LP | 0.01% | Reduce -24.2% | 7,608 | $430K |
| Panagora Asset Management Inc. | 0.00% | Reduce -90.0% | 7,510 | $425K |
| Sequoia Financial Advisors, LLC | 0.00% | New | 7,455 | $422K |
| Shaker Investments LLC | 0.16% | Reduce -19.1% | 7,242 | $410K |
| AE Wealth Management LLC | 0.00% | New | 7,130 | $403K |
| LPL Financial LLC | 0.00% | Reduce -3.3% | 7,090 | $401K |
| Securian Asset Management, Inc. | 0.01% | Add +0.2% | 7,069 | $400K |
| Ballentine Partners, LLC | 0.01% | Add +1.3% | 6,981 | $395K |
| IFM Investors Pty Ltd | 0.00% | Add +4.8% | 6,947 | $393K |
| Sterling Capital Management LLC | 0.01% | Add +166.5% | 6,747 | $382K |
| Tyche Wealth Partners LLC | 0.07% | Add +0.5% | 6,693 | $378K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | New | 6,445 | $364K |
| Bayforest Capital Ltd | 0.17% | New | 6,441 | $364K |
| L2 Asset Management, LLC | 0.05% | Add +6.8% | 6,288 | $356K |
| Meeder Advisory Services, Inc. | 0.02% | Add +6.5% | 6,273 | $355K |
| PNC Financial Services Group, Inc. | 0.00% | Add +8.5% | 6,262 | $354K |
| Mackenzie Financial Corp. | 0.00% | Reduce -0.8% | 6,163 | $349K |
| Captrust Financial Advisors | 0.00% | Add +8.2% | 6,127 | $346K |
| Savant Capital, LLC | 0.00% | Add +16.3% | 5,992 | $339K |
| Federated Hermes, Inc. | 0.00% | Reduce -5.3% | 5,981 | $338K |
| Chicago Partners Investment Group LLC | 0.01% | Add +1.4% | 5,757 | $327K |
| GPS Wealth Strategies Group, LLC | 0.03% | Add +0.1% | 5,762 | $326K |
| Spirit of America Management Corp. | 0.06% | No change | 5,600 | $317K |
| Simplex Trading, LLC | 0.01% | Add +45.3% | 5,322 | $300K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 5,259 | $297K |
| Tidal Investments LLC | 0.00% | New | 5,106 | $289K |
| Lido Advisors, LLC | 0.00% | New | 5,080 | $287K |
| GAMMA Investing LLC | 0.02% | Add +8.9% | 5,011 | $283K |
| FNY Investment Advisers, LLC | 0.09% | No change | 5,000 | $282K |
| Evergreen Capital Management LLC | 0.01% | Add +26.9% | 4,983 | $282K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | No change | 4,900 | $277K |
| Westwood Holdings Group Inc. | 0.00% | Reduce -99.5% | 4,907 | $277K |
| Cetera Investment Advisers | 0.00% | Reduce -10.8% | 4,661 | $264K |
| Swiss Life Asset Management Ltd | 0.00% | New | 4,445 | $251K |
| PenderFund Capital Management Ltd. | 0.10% | No change | 4,400 | $249K |
| Praxis Investment Management Inc. | 0.01% | No change | 4,340 | $245K |
| Deroy & Devereaux Private Investment Counsel Inc. | 0.01% | Reduce -76.4% | 4,307 | $244K |
| Virtu Financial LLC | 0.01% | New | 4,247 | $240K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 4,251 | $240K |
| O'shaughnessy Asset Management, LLC | 0.00% | New | 4,243 | $240K |
| US Bancorp \de | 0.00% | Reduce -15.2% | 4,193 | $237K |
| Orion Porfolio Solutions, LLC | 0.00% | New | 3,988 | $226K |
| Profund Advisors LLC | 0.01% | New | 3,917 | $222K |
| Journey Strategic Wealth LLC | 0.01% | Reduce -0.9% | 3,877 | $219K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -90.2% | 3,715 | $210K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | New | 3,584 | $203K |
| Cwm, LLC | 0.00% | Add +8.9% | 2,738 | $155K |
| Signaturefd, LLC | 0.00% | Reduce -0.5% | 2,727 | $154K |
| KBC Group NV | 0.00% | No change | 2,428 | $137K |
| Rockefeller Capital Management L.P. | 0.00% | New | 2,338 | $132K |
| Global Retirement Partners, LLC | 0.00% | Add +2354.3% | 2,258 | $128K |
| Cubist Systematic Strategies, LLC | 0.00% | New | 2,230 | $126K |
| Advisory Services Network, LLC | 0.00% | New | 1,985 | $112K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +5.1% | 1,982 | $112K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +20.4% | 1,839 | $104K |
| Tortoise Investment Management, LLC | 0.01% | Add +0.1% | 1,729 | $98K |
| Caitong International Asset Management Co., Ltd | 0.06% | Add +1465.7% | 1,550 | $88K |
| CIBC Private Wealth Group LLC | 0.00% | No change | 1,546 | $87K |
| Trust Co. of Vermont | 0.00% | Reduce -0.3% | 1,500 | $85K |
| Shell Asset Management Co. | 0.01% | Reduce -61.0% | 1,481 | $84K |
| USA Financial Formulas | 0.01% | Reduce -9.4% | 1,449 | $82K |
| Parallel Advisors, LLC | 0.00% | Add +7.7% | 1,433 | $81K |
| Larson Financial Group LLC | 0.00% | Add +81.8% | 1,385 | $78K |
| Allworth Financial LP | 0.00% | Reduce -4.8% | 1,365 | $77K |
| Jones Financial Companies LLLP | 0.00% | Add +574.0% | 1,294 | $73K |
| Eastern Bank | 0.00% | No change | 1,199 | $68K |
| Farther Finance Advisors, LLC | 0.00% | Add +2.9% | 1,193 | $67K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +5.1% | 1,162 | $66K |
| UMB Bank, n.a. | 0.00% | Add +3.4% | 1,145 | $65K |
| NewEdge Advisors, LLC | 0.00% | No change | 1,081 | $61K |
| IFP Advisors, Inc | 0.00% | Add +29.6% | 1,038 | $59K |
| Smartleaf Asset Management LLC | 0.00% | Add +280.0% | 1,026 | $58K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 980 | $55K |
| Bessemer Group Inc. | 0.00% | Add +73.0% | 877 | $49K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -2.6% | 839 | $47K |
| Optiver Holding B.V. | 0.00% | Reduce -14.4% | 834 | $47K |
| North Star Investment Management Corp. | 0.00% | No change | 730 | $41K |
| Fifth Third Bancorp | 0.00% | Add +4.9% | 710 | $40K |
| Versant Capital Management, Inc | 0.01% | No change | 660 | $37K |
| Itau Unibanco Holding S.A. | 0.00% | New | 652 | $37K |
| Huntington National Bank | 0.00% | Add +1.5% | 614 | $35K |
| Hantz Financial Services, Inc. | 0.00% | Add +150.4% | 551 | $31K |
| Wealthspire Advisors, LLC | 0.00% | New | 531 | $30K |
| Ameritas Advisory Services, LLC | 0.00% | No change | 500 | $28K |
| Blue Trust, Inc. | 0.00% | Add +28.1% | 483 | $27K |
| Hughes Financial Services, LLC | 0.00% | No change | 470 | $27K |
| Harbor Capital Advisors, Inc. | 0.00% | Add +10.1% | 413 | $23K |
| Fortis Group Advisors, LLC | 0.00% | No change | 400 | $23K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 377 | $21K |
| Westside Investment Management, Inc. | 0.00% | No change | 371 | $21K |
| Rise Advisors, LLC | 0.01% | Add +0.9% | 353 | $20K |
| iSAM Funds (UK) Ltd | 0.00% | Reduce -98.5% | 341 | $19K |
| Private Wealth Management Group, LLC | 0.00% | No change | 280 | $16K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Reduce -79.5% | 275 | $16K |
| LRI Investments, LLC | 0.00% | No change | 269 | $15K |
| Tidemark, LLC | 0.00% | No change | 250 | $14K |
| Principal Securities, Inc. | 0.00% | Add +18.0% | 243 | $14K |
| Covestor Ltd | 0.01% | Reduce -0.4% | 224 | $13K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 219 | $12K |
| Bell Investment Advisors, Inc | 0.00% | No change | 209 | $12K |
| Manchester Capital Management LLC | 0.00% | No change | 203 | $11K |
| Atlantic Union Bankshares Corp | 0.00% | No change | 199 | $11K |
| Rothschild Investment LLC | 0.00% | Reduce -2.1% | 186 | $11K |
| North Capital, Inc. | 0.01% | New | 167 | $9K |
| Smithfield Trust Co | 0.00% | No change | 150 | $9K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 150 | $8K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -4.2% | 136 | $8K |
| Brookfield Corp | 0.00% | Reduce -100.0% | 122 | $7K |
| Marshall & Sterling Wealth Advisors Inc. | 0.00% | No change | 117 | $7K |
| Clearstead Trust, LLC | 0.00% | No change | 116 | $7K |
| Hemington Wealth Management | 0.00% | No change | 120 | $6K |
| Clearstead Advisors, LLC | 0.00% | Add +30.9% | 106 | $6K |
| Root Financial Partners, LLC | 0.00% | New | 97 | $5K |
| GHP Investment Advisors, Inc. | 0.00% | No change | 85 | $5K |
| Farmers & Merchants Investments Inc. | 0.00% | Add +8.0% | 81 | $5K |
| WealthCollab, LLC | 0.00% | No change | 76 | $4K |
| Highline Wealth Partners LLC | 0.00% | No change | 59 | $3K |
| Millstone Evans Group, LLC | 0.00% | No change | 53 | $3K |
| Wealth Preservation Advisors, LLC | 0.00% | Reduce -30.7% | 52 | $3K |
| Heritage Wealth Advisors | 0.00% | No change | 50 | $3K |
| Delos Wealth Advisors, LLC | 0.00% | New | 49 | $3K |
| Bare Financial Services, Inc | 0.00% | Reduce -30.6% | 43 | $2K |
| Prestige Wealth Management Group LLC | 0.00% | No change | 43 | $2K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 41 | $2K |
| Essential Partners LLC | 0.00% | Add +400.0% | 40 | $2K |
| Assetmark, Inc. | 0.00% | Reduce -17.4% | 38 | $2K |
| Private Trust Co. NA | 0.00% | Add +20.0% | 36 | $2K |
| Quent Capital, LLC | 0.00% | New | 33 | $2K |
| Kilter Group LLC | 0.00% | Reduce -13.5% | 32 | $2K |
| MCF Advisors LLC | 0.00% | No change | 30 | $2K |
| TD Private Client Wealth LLC | 0.00% | Add +35.0% | 27 | $2K |
| SOA Wealth Advisors, LLC. | 0.00% | No change | 25 | $1K |
| WPG Advisers, LLC | 0.00% | New | 22 | $1K |
| Cornerstone Planning Group LLC | 0.00% | Add +187.5% | 23 | $1K |
| Stone House Investment Management, LLC | 0.00% | Add +320.0% | 21 | $1K |
| Physician Wealth Advisors, Inc. | 0.00% | New | 17 | $962 |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 13 | $737 |
| Sunbelt Securities, Inc. | 0.00% | New | 10 | $566 |
| MAI Capital Management | 0.00% | Reduce -83.3% | 8 | $453 |
| Financial Management Professionals, Inc. | 0.00% | No change | 8 | $452 |
| AdvisorNet Financial, Inc | 0.00% | No change | 7 | $396 |
| Fortitude Family Office, LLC | 0.00% | No change | 5 | $283 |
| SJS Investment Consulting Inc. | 0.00% | No change | 5 | $283 |
| SBI Securities Co., Ltd. | 0.00% | No change | 3 | $170 |
| TFC Financial Management, Inc. | 0.00% | No change | 2 | $114 |
| Rialto Wealth Management, LLC | 0.00% | No change | 2 | $114 |
| Principia Wealth Advisory, LLC | 0.00% | New | 2 | $113 |
| Bay Harbor Wealth Management, LLC | 0.00% | No change | 2 | $113 |
| HFM Investment Advisors, LLC | 0.00% | No change | 2 | $113 |
"% of holder's portfolio" is TXNM's weight in each manager's 13F, not the share of TXNM Energy Inc. the manager owns.