Fluence Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:FLNC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 May 25	BuyUS$194,641	Cynthia Arnold	Individual	33,000	US$5.90
14 Mar 25	BuyUS$49,684	Julian Jose Marquez	Individual	9,450	US$5.26
05 Mar 25	BuyUS$54,090	Herman Bulls	Individual	10,000	US$5.41
18 Feb 25	BuyUS$48,898	Harald von Heynitz	Individual	7,000	US$6.99
14 Feb 25	BuyUS$100,440	Ahmed Pasha	Individual	15,500	US$6.48
14 Feb 25	BuyUS$10,931	Elizabeth Fessenden	Individual	1,700	US$6.43
13 Feb 25	BuyUS$65,600	Cynthia Arnold	Individual	10,000	US$6.56
13 Feb 25	BuyUS$195,900	Herman Bulls	Individual	30,000	US$6.53
13 Feb 25	BuyUS$149,286	Julian Jose Marquez	Individual	23,500	US$6.35

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FLNC?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	866,271	0.64%
VC/PE Firms	14,668,275	10.8%
Public Companies	19,738,064	14.6%
Institutions	100,133,721	74%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 87.26% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
24.2%	Siemens Pension Trust EV	31,761,131	US$1.0b	0%	11.33%
15%	Siemens Aktiengesellschaft	19,738,064	US$632.2m	-61.7%	no data
11.2%	Qatar Holding LLC	14,668,275	US$469.8m	0%	0.37%
4.78%	The Vanguard Group, Inc.	6,279,956	US$201.1m	-1.91%	no data
4.64%	Dragoneer Investment Group, LLC	6,100,265	US$195.4m	0%	3.42%
4.25%	BlackRock, Inc.	5,583,040	US$178.8m	4.54%	no data
2.86%	Bank of America Corporation	3,750,709	US$120.1m	-11.6%	0.02%
2.22%	State Street Global Advisors, Inc.	2,919,418	US$93.5m	2.52%	no data
1.7%	Millennium Management LLC	2,232,750	US$71.5m	11.3%	0.04%
1.52%	Two Sigma Investments, LP	1,993,948	US$63.9m	-0.67%	0.07%
1.5%	Voloridge Investment Management, LLC	1,965,083	US$62.9m	82.6%	0.15%
1.38%	UBS Asset Management AG	1,811,505	US$58.0m	-42.8%	no data
1.32%	Geode Capital Management, LLC	1,739,041	US$55.7m	3.29%	no data
1.15%	D. E. Shaw & Co., L.P.	1,512,474	US$48.4m	0%	0.03%
1.1%	BNP Paribas Financial Markets SNC	1,451,470	US$46.5m	-13.7%	0.02%
1%	Jacobs Levy Equity Management Inc	1,315,443	US$42.1m	0%	0.12%
0.99%	Two Sigma Advisers, LP	1,295,200	US$41.5m	-17.7%	0.06%
0.97%	Susquehanna International Group, LLP	1,271,971	US$40.7m	7.28%	0.04%
0.92%	Morgan Stanley	1,205,068	US$38.6m	-25.2%	no data
0.91%	Connor, Clark & Lunn Investment Management Ltd.	1,194,581	US$38.3m	-996,000%	0.08%
0.84%	Erste Asset Management GmbH	1,100,192	US$35.2m	369%	0.16%
0.83%	Antipodes Partners Ltd.	1,091,216	US$35.0m	64,500%	0.42%
0.74%	First Trust Advisors LP	976,692	US$31.3m	57.3%	0.01%
0.66%	Dimensional Fund Advisors LP	865,221	US$27.7m	-34.5%	no data
0.62%	Invesco Capital Management LLC	815,064	US$26.1m	4.01%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/04 22:44
End of Day Share Price	2026/01/02 00:00
Earnings	2025/09/30
Annual Earnings	2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fluence Energy, Inc. is covered by 30 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Benjamin Kallo	Baird
Christine Cho	Barclays
Moses Sutton	Barclays