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NRG Energy: Institutional Activity in Q4

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Institutional activity

In this part, we’ll see how institutional investors played NRG Energy (NRG) during the fourth quarter. According to a recent 13F filing, the Vanguard Group was the top institutional investor in NRG Energy with more than 12% of its outstanding shares as of December 31. The Vanguard Group offloaded more than 1.4 million NRG Energy shares in the fourth quarter.

NRG insti

NRG Energy missed the second-quarter consensus earnings estimates, which were released in November. However, the stock largely trended higher during the fourth quarter.

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Big activities

Fidelity Management & Research bought net ~3.3 million shares of NRG Energy during the fourth quarter. Fidelity raised its stake to ~6% as of December 31. In the third quarter, Fidelity added more than 3 million shares of NRG Energy.

Brahman Capital sold net ~3.3 shares of NRG Energy and held 2.8% of its total outstanding shares at the end of the fourth quarter. In the third quarter, Brahman Capital was the net seller and offloaded ~0.7 million shares of NRG Energy.

Activist shareholder Janus Henderson Investors sold more than 1.4 million shares of NRG Energy and held 3.2% at the end of the fourth quarter.

To learn how institutions played the top utilities (XLU) during the fourth quarter, read Top Utility Stocks: Institutional Activity in Q4.

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