퓨얼테크(주)
US ˙ NasdaqCM ˙ US3595231073

SecurityFTEK / Fuel Tech, Inc.
InstitutionVanguard Group Inc
Latest Disclosed Ownership1,126,003 shares
Latest Disclosed Value $ 1,756,565
Vanguard Group Inc reports 11.06% increase in ownership of FTEK / Fuel Tech, Inc.

On January 29, 2026 - Vanguard Group Inc filed a 13F-HR form disclosing ownership of 1,126,003 shares of Fuel Tech, Inc. (US:FTEK) valued at $1,756,565 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 7, 2025 disclosing 1,013,864 shares of Fuel Tech, Inc.. This represents a change in shares of 11.06% during the quarter. The current value of the position is $1,643,964 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-01-29 2025-12-31 13F FUEL TECH COM 359523107 1,126,003 112,139 11.06 1,757 -42.26 0.0000
2025-11-07 2025-09-30 13F FUEL TECH COM 359523107 1,013,864 72,895 7.75 3,042 28.26 0.0000
2025-08-11 2025-06-30 13F FUEL TECH COM 359523107 940,969 0 0.00 2,371 139.98 0.0000
2025-05-09 2025-03-31 13F FUEL TECH COM 359523107 940,969 134,045 16.61 988 16.65 0.0000
2025-02-11 2024-12-31 13F FUEL TECH COM 359523107 806,924 0 0.00 847 0.00 0.0000
2024-11-13 2024-09-30 13F FUEL TECH COM 359523107 806,924 0 0.00 847 -1.85 0.0000
2024-08-13 2024-06-30 13F FUEL TECH COM 359523107 806,924 12,186 1.53 863 -10.20 0.0000
2024-05-10 2024-03-31 13F FUEL TECH COM 359523107 794,738 16,542 2.13 962 17.63 0.0000
2024-03-11 2023-12-31 13F/A-1 FUEL TECH COM 359523107 778,196 5,993 0.78 817 -10.32 0.0000
2024-02-14 2023-12-31 13F FUEL TECH COM 359523107 778,196 5,993 817 0.0000
2023-12-18 2023-09-30 13F/A-1 FUEL TECH COM 359523107 772,203 -4,417 -0.57 911 -11.47 0.0000
2023-11-14 2023-09-30 13F FUEL TECH COM 359523107 772,203 -4,417 911 0.0000
2023-08-14 2023-06-30 13F FUEL TECH COM 359523107 776,620 0 0.00 1,029 3.52 0.0000
2023-07-14 2023-03-31 13F/A-1 FUEL TECH COM 359523107 776,620 0 0.00 994 0.40 0.0000
2023-05-15 2023-03-31 13F FUEL TECH COM 359523107 776,620 0 994 0.0000
2023-02-10 2022-12-31 13F FUEL TECH COM 359523107 776,620 412 0.05 990 9.03 0.0000
2022-11-14 2022-09-30 13F FUEL TECH COM 359523107 776,208 -48,715 -5.91 908 -11.15 0.0000
2022-08-12 2022-06-30 13F FUEL TECH COM 359523107 824,923 0 0.00 1,022 -14.55 0.0000
2022-05-13 2022-03-31 13F FUEL TECH COM 359523107 824,923 -35,746 -4.15 1,196 -0.75 0.0000
2022-02-14 2021-12-31 13F FUEL TECH COM 359523107 860,669 -19,450 -2.21 1,205 -21.34 0.0000
2021-11-12 2021-09-30 13F FUEL TECH COM 359523107 880,119 -13,967 -1.56 1,532 -27.05 0.0000
2021-08-13 2021-06-30 13F FUEL TECH COM 359523107 894,086 108,828 13.86 2,100 -14.84 0.0001
2021-05-14 2021-03-31 13F FUEL TECH COM 359523107 785,258 0 0.00 2,466 -19.07 0.0001
2021-02-12 2020-12-31 13F FUEL TECH COM 359523107 785,258 367,463 87.95 3,047 765.63 0.0001
2020-11-16 2020-09-30 13F FUEL TECH COM 359523107 417,795 0 0.00 352 0.28 0.0000
2020-08-14 2020-06-30 13F FUEL TECH COM 359523107 417,795 -44,906 -9.71 351 88.71 0.0000
2020-05-15 2020-03-31 13F FUEL TECH COM 359523107 462,701 0 0.00 186 -56.84 0.0000
2020-02-14 2019-12-31 13F FUEL TECH COM 359523107 462,701 0 0.00 431 -6.51 0.0000
2019-11-14 2019-09-30 13F FUEL TECH COM 359523107 462,701 -35,233 -7.08 461 -33.86 0.0000
2019-08-14 2019-06-30 13F FUEL TECH COM 359523107 497,934 55,215 12.47 697 -5.68 0.0000
2019-05-15 2019-03-31 13F FUEL TECH COM 359523107 442,719 7,798 1.79 739 42.66 0.0000
2019-02-14 2018-12-31 13F FUEL TECH COM 359523107 434,921 18,638 4.48 518 -4.25 0.0000
2018-12-13 2018-09-30 13F/A-2 FUEL TECH COM 359523107 416,283 -1,000 -0.24 541 19.96 0.0000
2018-11-23 2018-09-30 13F/A-1 FUEL TECH COM 359523107 416,283 0 541 0.0000
2018-11-14 2018-09-30 13F FUEL TECH COM 359523107 416,283 -1,000 541
2018-08-14 2018-06-30 13F FUEL TECH COM 359523107 417,283 -53,188 -11.31 451 -20.18 0.0000
2018-05-15 2018-03-31 13F FUEL TECH COM 359523107 470,471 44,237 10.38 565 18.20 0.0000
2018-02-14 2017-12-31 13F FUEL TECH COM 359523107 426,234 13,716 3.32 478 13.54 0.0000
2017-11-14 2017-09-30 13F FUEL TECH COM 359523107 412,518 5,520 1.36 421 23.10 0.0000
2017-08-24 2017-06-30 13F/A-1 FUEL TECH COM 359523107 406,998 -45,643 -10.08 342 -25.97 0.0000
2017-08-11 2017-06-30 13F FUEL TECH COM 359523107 406,998 -45,643 342
2017-05-12 2017-03-31 13F FUEL TECH COM 359523107 452,641 0 0.00 462 -11.32 0.0000
2017-02-14 2016-12-31 13F FUEL TECH COM 359523107 452,641 -38,872 -7.91 521 -24.27 0.0000
2016-11-14 2016-09-30 13F FUEL TECH COM 359523107 491,513 -9,432 -1.88 688 -7.15 0.0000
2016-08-10 2016-06-30 13F FUEL TECH COM 359523107 500,945 -100 -0.02 741 -15.51 0.0000
2016-05-13 2016-03-31 13F FUEL TECH COM 359523107 501,045 0 0.00 877 -7.39 0.0001
2016-02-08 2015-12-31 13F FUEL TECH COM 359523107 501,045 2,400 0.48 947 -0.63 0.0001
2015-11-12 2015-09-30 13F/A-1 FUEL TECH COM 359523107 498,645 2,800 0.56 953 -12.25 0.0000
2015-11-12 2015-09-30 13F/A-1 FUEL TECH COM 359523107 498,645 2,800 953 0.0000
2015-11-12 2015-09-30 13F FUEL TECH COM 359523107 4,782,944 140,782
2015-08-13 2015-06-30 13F FUEL TECH COM 359523107 495,845 1,262 0.26 1,086 -29.84 0.0001
2015-05-15 2015-03-31 13F/A-1 FUEL TECH COM 359523107 494,583 3,200 0.65 1,548 -17.75 0.0001
2015-05-14 2015-03-31 13F FUEL TECH COM 359523107 494,583 1,548
2015-02-12 2014-12-31 13F FUEL TECH COM 359523107 491,383 7,000 1.45 1,882 -8.60 0.0001
2014-11-12 2014-09-30 13F FUEL TECH COM 359523107 484,383 29,122 6.40 2,059 -19.82 0.0002
2014-08-11 2014-06-30 13F FUEL TECH COM 359523107 455,261 23,322 5.40 2,568 18.89 0.0002
2014-05-13 2014-03-31 13F FUEL TECH COM 359523107 431,939 34,180 8.59 2,160 -23.40 0.0002
2014-02-12 2013-12-31 13F FUEL TECH COM 359523107 397,759 -38,524 -8.83 2,820 48.26 0.0002
2013-11-07 2013-09-30 13F FUEL TECH COM 359523107 436,283 0 0.00 1,902 13.82 0.0002
2013-08-13 2013-06-30 13F FUEL TECH COM 359523107 436,283 436,283 1,671 0.0002
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.