# Xcel Energy Pension Plan

Xcel Energy Pension Plan is a Pension Fund based in Minneapolis, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Minneapolis, United States
- **Region:** North America
- **Address:** 401 Nicollet Mall, Minneapolis, Minnesota, United States
- **Assets under management:** 1668 (Altss estimate)
- **Website:** xcelenergy.com
- **LinkedIn:** https://www.linkedin.com/company/xcel-energy

## Regulatory record

- **Reports private funds:** No

## About

The Xcel Energy Pension Plan was established to deliver retirement benefits to employees of Xcel Energy Inc. and its operating subsidiaries. The plan sponsor relationship traces directly to the parent utility. Investments include domestic and international equity securities, fixed income instruments, real estate partnerships, hedge fund-of-funds, timber holdings and commodity positions. Geographic reach covers U.S. markets and global exchanges. The plan maintains minority ownership stakes through commingled vehicles rather than direct control positions. Four trustees—Wells Fargo Bank, U.S. Bank, JPMorgan Chase Bank and Bank of New York Mellon—serve as custodians. Deloitte & Touche acts as auditor. The plan participates in the Xcel Energy Foundation, which reported $4.4 million in grants in 2023 focused on education and environmental programs. Governance remains integrated with the corporate treasury function of Xcel Energy Inc., with investment policy aligned to the parent’s net-zero targets and long-duration liability matching.

## Sectors

- Utilities
- Real Estate
- Commodities

## Questions

### What asset classes does the plan hold?

Holdings include domestic and international equities, fixed income securities, real estate investment funds, hedge fund-of-funds, timber partnerships and commodity investments.

### Does the plan make direct investments?

The plan participates through commingled funds and partnerships rather than direct company-level control positions.

## Related profiles

- [Western University](https://altss.com/profile/western-university)
- [Van Andel Institute](https://altss.com/profile/van-andel-institute)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/xcel-energy-pension-plan

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