There is a long list of 293 institutional holders of PNM within the last two holding periods in our database of 13F filers, so we've sorted through to present to you just the top 50 institutional holders of PNM by largest to smallest position reported in the institutional investor's latest 13F filing. In the institutional-holders-of-PNM table below, the initial column indicates the name of each top institutional holder of PNM, with a link to that fund's top holdings. The next columns indicate the amount of PNM stock held by each of the institutional holders of PNM, followed by the PNM position size held by the institution, and finally the date of the quarterly 13F filing period the holdings data represents for that institution.

Holder	Amount	Position Size ($ in 1000's)	As of
BlackRock Inc.	11,257,732	$468,322	12/31/2023
PNM	11,257,732	$468,322	12/31/2023
Vanguard Group Inc.	9,330,930	$388,167	12/31/2023
PNM	9,330,930	$388,167	12/31/2023
State Street Corp	3,367,547	$140,090	12/31/2023
PNM	3,367,547	$140,090	12/31/2023
Hudson Bay Capital Management LP	3,037,103	$126,343	12/31/2023
PNM	3,037,103	$126,343	12/31/2023
Morgan Stanley	2,824,624	$117,504	12/31/2023
PNM	2,824,624	$117,504	12/31/2023
Magnetar Financial LLC	1,994,913	$82,988	12/31/2023
PNM	1,994,913	$82,988	12/31/2023
Geode Capital Management LLC	1,861,549	$77,449	12/31/2023
PNM	1,861,549	$77,449	12/31/2023
PSquared Asset Management AG	1,848,995	$70,341	12/31/2023
PNM	1,848,995	$70,341	12/31/2023
First Trust Advisors LP	1,587,169	$66,026	12/31/2023
PNM	1,587,169	$66,026	12/31/2023
Dimensional Fund Advisors LP	1,544,429	$64,248	12/31/2023
PNM	1,544,429	$64,248	12/31/2023
T. Rowe Price Investment Management Inc.	1,473,269	$61,288	12/31/2023
PNM	1,473,269	$61,288	12/31/2023
Empyrean Capital Partners LP	1,403,000	$58,365	12/31/2023
PNM	1,403,000	$58,365	12/31/2023
Bank of New York Mellon Corp	1,312,111	$54,584	12/31/2023
PNM	1,312,111	$54,584	12/31/2023
Northern Trust Corp	1,286,827	$53,532	12/31/2023
PNM	1,286,827	$53,532	12/31/2023
Falcon Edge Capital LP	1,263,997	$52,582	12/31/2023
PNM	1,263,997	$52,582	12/31/2023
Renaissance Technologies LLC	1,226,200	$51,010	12/31/2023
PNM	1,226,200	$51,010	12/31/2023
Gabelli Funds LLC	1,165,438	$48,482	12/31/2023
PNM	1,165,438	$48,482	12/31/2023
River Road Asset Management LLC	1,154,420	$48,024	12/31/2023
PNM	1,154,420	$48,024	12/31/2023
Goldman Sachs Group Inc.	1,128,978	$46,965	12/31/2023
PNM	1,128,978	$46,965	12/31/2023
Alliancebernstein L.P.	1,076,278	$44,773	12/31/2023
PNM	1,076,278	$44,773	12/31/2023
Charles Schwab Investment Management Inc.	1,042,426	$43,365	12/31/2023
PNM	1,042,426	$43,365	12/31/2023
Calamos Advisors LLC	991,028	$41,227	12/31/2023
PNM	991,028	$41,227	12/31/2023
State of Wisconsin Investment Board	894,122	$37,195	12/31/2023
PNM	894,122	$37,195	12/31/2023
Grantham Mayo Van Otterloo & Co. LLC	892,692	$37,136	12/31/2023
PNM	892,692	$37,136	12/31/2023
Millennium Management LLC	872,780	$36,308	12/31/2023
PNM	872,780	$36,308	12/31/2023
Walleye Capital LLC	853,954	$35,524	12/31/2023
PNM	853,954	$35,524	12/31/2023
CNH Partners LLC	825,718	$34,350	12/31/2023
PNM	825,718	$34,350	12/31/2023
Adage Capital Partners GP L.L.C.	818,311	$34,042	12/31/2023
PNM	818,311	$34,042	12/31/2023
Bank of America Corp DE	750,152	$31,206	12/31/2023
PNM	750,152	$31,206	12/31/2023
JPMorgan Chase & Co.	741,695	$30,855	12/31/2023
PNM	741,695	$30,855	12/31/2023
Segantii Capital Management Ltd	736,439	$30,636	12/31/2023
PNM	736,439	$30,636	12/31/2023
Barclays PLC	712,540	$29,641	12/31/2023
PNM	712,540	$29,641	12/31/2023
Gamco Investors INC. ET AL	700,484	$29,140	12/31/2023
PNM	700,484	$29,140	12/31/2023
Qube Research & Technologies Ltd	676,312	$28,135	12/31/2023
PNM	676,312	$28,135	12/31/2023
Bank of Montreal Can	663,320	$27,707	12/31/2023
PNM	663,320	$27,707	12/31/2023
Healthcare of Ontario Pension Plan Trust Fund	656,000	$27,290	12/31/2023
PNM	656,000	$27,290	12/31/2023
Segall Bryant & Hamill LLC	651,279	$27,093	12/31/2023
PNM	651,279	$27,093	12/31/2023
Two Sigma Advisers LP	635,600	$26,441	12/31/2023
PNM	635,600	$26,441	12/31/2023
Carlson Capital L P	600,344	$24,974	12/31/2023
PNM	600,344	$24,974	12/31/2023
Balyasny Asset Management LLC		$24,904	12/31/2023
PNM	603,740	$25,116	12/31/2023
Put	5,100	$212	12/31/2023
Raymond James & Associates	654,511	$24,636	03/31/2024
PNM	654,511	$24,636	03/31/2024
California Public Employees Retirement System	539,694	$22,451	12/31/2023
PNM	539,694	$22,451	12/31/2023
GABELLI & Co INVESTMENT ADVISERS INC.	497,649	$20,702	12/31/2023
PNM	497,649	$20,702	12/31/2023
Legal & General Group Plc	474,345	$19,733	12/31/2023
PNM	474,345	$19,733	12/31/2023
Citadel Advisors LLC		$17,923	12/31/2023
PNM	430,644	$17,915	12/31/2023
Call	200	$8	12/31/2023
Nomura Holdings Inc.	426,443	$17,740	12/31/2023
PNM	426,443	$17,740	12/31/2023
Two Sigma Investments LP	402,115	$16,728	12/31/2023
PNM	402,115	$16,728	12/31/2023
Marshall Wace LLP	395,001	$16,432	12/31/2023
PNM	395,001	$16,432	12/31/2023
LMR Partners LLP	372,776	$15,507	12/31/2023
PNM	372,776	$15,507	12/31/2023
Principal Financial Group Inc.	370,180	$15,399	12/31/2023
PNM	370,180	$15,399	12/31/2023