Plug Power Inc (PLUG) — Institutional Investor Activity (Q2 2026)

PLUG ranks #1134 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

517 institutions disclose a position in PLUG, but none treat it as a major bet — even California State Teachers Retirement System, its most concentrated holder, allocates just 0.2% of its own portfolio to it.

California State Teachers Retirement System has added to its PLUG position for two straight quarters, increasing it by $1.5B to reach $1.5B today.

Citigroup Inc has trimmed its PLUG position for two straight quarters, cutting it by $9.7M while still holding $2.5M.

PLUG is down 0% today, but institutions show net buying of $391.1M this quarter — a divergence between today's price move and the underlying institutional flow.

PLUG reported a net loss of $1.6B over the trailing twelve months.

• Not yet profitable — net loss of $1.6B over the trailing twelve months
• Revenue grew 10.6% year over year
• Net income improved year over year, from -$2.0B to -$1.6B
• Operating cash flow was negative, using $535.8M in cash
• Current ratio of 2.31x — enough short-term assets to cover short-term liabilities
• Liabilities run 1.63x equity — within a conventional range