Otter Tail

OTTR • NASDAQ

Otter Tail is a diversified utilities company in the utilities sector on NASDAQ, led by Todd Wahlund, with a market cap of $3.5B. As of Q3 2025, 67% of shares are held by 336 institutional investors, with BlackRock, Inc. as the largest holder at 15.18%.

Chief Financial OfficerTodd Wahlund

Market Cap$3.5B

Diversified Utilities

Utilities

Employees2.7K

Websiteottertail.com

Country

United States of America

Overview

Overview of institutional ownership in OTTR as of Q3 2025 with a market cap of $3.4B

All Institutions

Institutions: 336
Value Held: $2.3B
Shares Held: 28.2M
Avg Position: $6.9M
Median Position: $528.3K

Hedge Funds

Hedge Funds: 30
Value Held: $98.2M
Shares Held: 1.2M
Avg Position: $3.3M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

64.43%

$2.2B

Hedge Funds

2.86%

$98.2M

Retail & Other

32.71%

$1.1B

Based on market cap of $3.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in OTTR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$521.5M 0.01% of portfolio	15.18% 6.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$417.7M 0.01% of portfolio	12.16% 5.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$128.3M 0.00% of portfolio	3.74% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$120.1M 0.09% of portfolio	3.50% 1.5M shares	Q2 2016 Held for 9y 5m	$134.11B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$83.2M 0.01% of portfolio	2.42% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$70.4M 0.02% of portfolio	2.05% 859.0K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$49.6M 0.00% of portfolio	1.44% 605.5K shares	Q4 2015 Held for 9y 11m	$1.56T
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	Neil David Blundell CIO	$45.6M 0.08% of portfolio	1.33% 555.9K shares	Q3 2024 Held for 1y 2m	$55.5B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$44.4M 0.01% of portfolio	1.29% 541.5K shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$43.6M 0.00% of portfolio	1.27% 531.7K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for OTTR in Q3 2025

Traded: +$53.6M
Buyers: 152
Sellers: 141
Total Bought: +$165.4M
Total Sold: −$111.9M
Avg Position: $6.3M

Biggest Buyers

Institution	Net Bought	Current Position
JPMORGAN CHASE & CO Institution	+$21.6M +264.0K shares	$49.6M 605.5K shares
FIRST TRUST ADVISORS LP ETF Provider	+$18.1M +221.0K shares	$120.1M 1.5M shares
GOLDMAN SACHS GROUP INC Institution	+$11.6M +141.0K shares	$26.5M 322.8K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$9.3M +113.3K shares	$11.3M 137.6K shares
L LSV ASSET MANAGEMENT Long Only Manager	+$9.0M +109.4K shares	$13.9M 169.1K shares
MORGAN STANLEY RIA/Wealth	+$8.3M +100.8K shares	$43.6M 531.7K shares
D D. E. Shaw & Co., Inc. Institution	+$7.8M +95.3K shares	$21.3M 260.0K shares
Marshall Wace LLP Institution	+$7.7M +93.5K shares	$12.5M 152.6K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$5.6M +68.8K shares	$8.8M 107.9K shares
UBS Group AG Institution	+$5.4M +65.5K shares	$12.1M 148.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$28.4M −346.3K shares	$10.7M 130.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$9.6M −117.3K shares	$9.7M 118.8K shares
B BlackRock, Inc. Institution	−$5.5M −67.1K shares	$521.5M 6.4M shares
T TEXAS PERMANENT SCHOOL FUND Institution	−$5.5M −70.9K shares	Sold Off 0 shares
INTECH INVESTMENT MANAGEMENT LLC Long Only Manager	−$4.9M −59.4K shares	$1.5M 18.1K shares
J JANE STREET GROUP, LLC Institution	−$4.5M −54.3K shares	$3.1M 37.7K shares
VANGUARD GROUP INC Institution	−$3.8M −46.7K shares	$417.7M 5.1M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$3.8M −49.2K shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$3.1M −37.9K shares	$3.3M 40.9K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$2.9M −35.5K shares	$3.5M 42.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited OTTR in Q3 2025

New Positions: 10
New Value: $5.9M
Exited Positions: 31
Exited Value: $18.6M

New Positions

Institution	Position Value
O OSSIAM Institution	$2.1M 26.2K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.4M 17.3K shares
Voleon Capital Management LP Hedge Fund•Quant	$1.0M 12.4K shares
Virtus ETF Advisers LLC Long Only Manager	$561.8K 6.9K shares
INFRASTRUCTURE CAPITAL ADVISORS, LLC ETF Provider	$454.4K 5.9K shares
F FOX RUN MANAGEMENT, L.L.C. Hedge Fund•Quant	$248.2K 3.0K shares
Hartland & Co., LLC RIA/Wealth	$10.4K 127.0 shares
R Root Financial Partners, LLC RIA/Wealth	$4.6K 56.0 shares
Sontag Advisory, LLC RIA/Wealth	$2.9K 35.0 shares
Cloud Capital Management, LLC RIA/Wealth	- 4.0 shares

Exited Positions

Institution	Previous Position
T TEXAS PERMANENT SCHOOL FUND Institution	$5.5M 70.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.8M 49.2K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$2.9M 37.7K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$1.1M 13.8K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$970.2K 12.6K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$508.6K 6.6K shares
OCCUDO QUANTITATIVE STRATEGIES LP Hedge Fund•Market Neutral	$360.4K 4.7K shares
B Brevan Howard Capital Management LP Institution	$356.9K 4.6K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$336.0K 4.4K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$295.9K 3.8K shares

Options Activity

Institutions with the largest Call and Put options positions in OTTR as of Q3 2025

Call Positions: 3
Call Value: $803.3K
Put Positions: 2
Put Value: $786.9K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$582.0K 71.0 contracts
J JANE STREET GROUP, LLC Institution	$221.3K 27.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$786.9K 96.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with OTTR as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B Bank & Trust Co Institution	-	7.40% $10.0M	0.29% 122.1K shares	Q2 2024 Held for 1y 5m	$135.1M
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	1.29% $3.3M	0.10% 40.2K shares	Q2 2024 Held for 1y 5m	$254.6M
Phocas Financial Corp. Long Only Manager	William Franz Kim Schaff CEO	1.04% $8.0M	0.23% 97.9K shares	Q1 2021 Held for 4y 8m	$771.4M
DENALI ADVISORS LLC Long Only Manager	Robert Guenther Snigaroff CIO	0.80% $7.1M	0.21% 86.1K shares	Q4 2024 Held for 11 months	$885.1M
B Buck Wealth Strategies, LLC RIA/Wealth	Jeffrey David Buck CIO	0.76% $5.6M	0.16% 67.8K shares	Q4 2024 Held for 11 months	$728.1M
Virtus ETF Advisers LLC Long Only Manager	Richard William Smirl President	0.38% $561.8K	0.02% 6.9K shares	Q3 2025 Held for 2 months	$148.9M
GABELLI FUNDS LLC Long Only Manager	John Chester Ball President	0.26% $38.5M	1.12% 469.1K shares	≤ Q2 2013 Held for 12y 5m+	$14.5B
JOHN G ULLMAN & ASSOCIATES INC RIA/Wealth	John Guy Ullman CEO	0.23% $1.7M	0.05% 20.7K shares	Q3 2024 Held for 1y 2m	$743.1M
VISTA INVESTMENT PARTNERS LLC RIA/Wealth	Ronald Loyd Richardson President	0.22% $803.1K	0.02% 9.8K shares	Q4 2023 Held for 1y 11m	$363.7M
G GAMCO INVESTORS, INC. ET AL Institution	-	0.22% $22.3M	0.65% 272.4K shares	≤ Q2 2013 Held for 12y 5m+	$10.3B

Hedge Fund Spotlight

Discover hedge funds investing in OTTR

Bridgewater Associates, LP

Hedge Fund • Global Macro

Portfolio ManagerNir Bar Dea

Portfolio Value: $25.5B
Positions: 1,015
Last Reported: Q3 2025

Sector Allocation

Position in Otter Tail

Market Value: $525.1K
Shares Held: 6.4K
Portfolio Weight: 0.00%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 iShares Core S&P 500 ETF IVV	ETF ETF	$2.7B	10.62%
2 SPDR S&P 500 ETF Trust SPY	ETF ETF	$1.7B	6.69%
3 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$645.2M	2.53%