The largest holder of Centrais Elétricas Brasileiras S.a. - Eletrobrás stock is Government of Brazil, with 701.2 million shares (30.00% of the company) as of September 25, 2026. The 10 largest holders together own 56.9%.
In Q2 2026, 184 institutional holdings reports listed 44.8 million shares worth $474.00 million, up 20.1% in shares from Q1 2026.
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026).

2026Q2
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Government of Brazil | 701.2 million | 30.00% | – |
| BNDES Participações SA | 146.5 million | 6.27% | – |
| Banco Classico SA (Investment Management) | 117.8 million | 5.04% | – |
| GQG Partners LLC | 101.9 million | 4.36% | – |
| GIC Pte Ltd. (Investment Management) | 89.1 million | 3.81% | – |
| Axia Energia SA | 52.8 million | 2.26% | – |
| Caixa DTVM SA | 37.0 million | 1.58% | – |
| Radar Gestora de Recursos Ltda. | 31.9 million | 1.37% | – |
| Itaú Unibanco Asset Management Ltda. | 26.7 million | 1.14% | – |
| BB Gestão de Recursos DTVM SA | 25.1 million | 1.07% | – |
As of September 25, 2026.
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 184 | 44.8 million | $474.0M |
| Q1 2026 | 187 | 37.3 million | $421.0M |
| Q4 2025 | 152 | 30.9 million | $284.0M |
| Q3 2025 | 137 | 27.0 million | $267.0M |
| Q2 2025 | 130 | 25.4 million | $189.0M |
| Q1 2025 | 125 | 27.5 million | $195.0M |
| Q4 2024 | 119 | 26.9 million | $163.0M |
| Q3 2024 | 127 | 23.0 million | $166.0M |
Shares and value held by institutions that file quarterly holdings reports (options not included).
Government of Brazil, with 30.00% of the company (as of September 25, 2026). Next: BNDES Participações SA (6.27%) and Banco Classico SA (Investment Management) (5.04%).
184 institutional holdings reports listed Centrais Elétricas Brasileiras S.a. - Eletrobrás shares in Q2 2026, 44.8 million shares in all worth $474.00 million.