Supply breakdown
Shares as of Jul 24, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 151.73M | 100.0% | $18.08B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 151.73M | 100.0% | $18.08B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F; over 100%, double counted) | 155.65M | 102.6% | $18.54B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$18.08B
- Fully diluted$18.60B
- Circulating$18.08B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 21.14M | 13.93% |
| FMR LLC | 18.75M | 12.36% |
| PRIMECAP MANAGEMENT CO/CA/ | 6.69M | 4.41% |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.50M | 4.29% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.96M | 3.93% |
| Invesco Ltd. | 4.87M | 3.21% |
| STATE STREET CORP | 4.74M | 3.12% |
| WELLINGTON MANAGEMENT GROUP LLP | 3.43M | 2.26% |
| GEODE CAPITAL MANAGEMENT, LLC | 3.42M | 2.26% |
| Fundsmith LLP | 2.86M | 1.88% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer. The total is 103% of shares outstanding, so it counts some shares twice: positions reported by more than one manager, and lent shares that appear at both the lender and the buyer. Read it as an upper bound.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Class A | NXT on Nasdaq | 151,729,520 | Jul 24, 2026 |
| Class B | Not listed (valued at NXT) | 0 | Jul 24, 2026 |
Notes and sources
- Nextpower Inc. 10-Q for period ended 2026-07-03, Cover page (0001852131-26-000048)
- SEC public float (non-affiliates): $10.80B as of Sep 26, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.