Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in NRG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 17.7M | $2.58B | -1.9% | 8.369% | 0.04% |
| 2 | FMR LLC | 16.9M | $2.47B | -3.0% | 8.001% | 0.11% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 13.8M | $2.01B | -0.1% | 6.533% | 0.04% |
| 4 | FRANKLIN RESOURCES INC | 13.0M | $1.91B | +69.4% | 6.185% | 0.41% |
| 5 | STATE STREET CORP | 11.2M | $1.64B | -4.6% | 5.325% | 0.02% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 10.9M | $1.59B | -3.7% | 5.166% | 0.07% |
| 7 | VICTORY CAPITAL MANAGEMENT INC | 9.5M | $1.39B | +32.9% | 4.514% | 0.78% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 6.0M | $869.7M | +0.1% | 2.833% | 0.05% |
| 9 | Invesco Ltd. | 5.3M | $770.5M | -0.2% | 2.500% | 0.06% |
| 10 | MILLENNIUM MANAGEMENT LLC | 4.4M | $635.5M | +105.4% | 2.062% | 0.23% |
| 11 | MORGAN STANLEY | 4.1M | $599.6M | -12.3% | 1.946% | 0.03% |
| 12 | Bank of New York Mellon Corp | 3.2M | $473.4M | +138.6% | 1.536% | 0.08% |
| 13 | LYRICAL ASSET MANAGEMENT LP | 2.7M | $392.8M | -3.4% | 1.275% | 4.98% |
| 14 | Boston Partners | 2.5M | $368.7M | +12.6% | 1.199% | 0.33% |
| 15 | BANK OF AMERICA CORP /DE/ | 2.4M | $356.8M | +11.4% | 1.158% | 0.02% |
| 16 | DIMENSIONAL FUND ADVISORS LP | 2.3M | $331.5M | +3.5% | 1.075% | 0.06% |
| 17 | NORTHERN TRUST CORP | 2.1M | $300.5M | +0.6% | 0.975% | 0.03% |
| 18 | Appaloosa LP | 1.8M | $257.1M | +1.5% | 0.834% | 3.33% |
| 19 | GOLDMAN SACHS GROUP INC | 1.7M | $246.4M | -8.0% | 0.799% | 0.02% |
| 20 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME | 1.6M | $229.8M | +10.5% | 0.746% | 0.04% |
| 21 | Pictet Asset Management Holding SA | 1.5M | $221.1M | +201.7% | 0.718% | 0.21% |
| 22 | UBS Group AG | 1.5M | $214.2M | +3.7% | 0.695% | 0.03% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.4M | $205.7M | +0.9% | 0.667% | 0.03% |
| 24 | Amundi | 1.3M | $194.6M | +109.3% | 0.631% | 0.05% |
| 25 | DEUTSCHE BANK AG\ | 1.3M | $189.3M | +11.2% | 0.614% | 0.05% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in NRG — a direct measure of their conviction.
Filings activity in NRG during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new NRG position in Q2 2026
Institutions that fully closed their NRG position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,028 | 2.9% | 96.10% | +3.12 pp | $28.80B | +1.2% |
| Q1 2026 | 1,059 | +0.7% | 92.98% | 2.54 pp | $28.46B | +0.2% |
| Q4 2025 | 1,052 | +2.4% | 95.52% | +0.85 pp | $28.41B | 1.6% |
| Q3 2025 | 1,027 | +3.7% | 94.67% | 0.61 pp | $28.86B | 0.4% |
| Q2 2025 | 990 | +20% | 95.28% | 2.04 pp | $28.97B | +65% |
| Q1 2025 | 824 | +4.2% | 97.32% | 1.76 pp | $17.51B | +5.3% |
| Q4 2024 | 791 | +4.6% | 99.08% | 1.91 pp | $16.63B | 8.1% |
| Q3 2024 | 756 | — | 100.99% | — | $18.10B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NRG stock.
Based on Q2 2026 13F filings, institutional ownership of NRG Energy, Inc. stands at 96.1%, held across 1,028 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of NRG, with approximately 17,658,104 shares worth $2.58B as of Q2 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of NRG, including MILLENNIUM MANAGEMENT LLC, Appaloosa LP.
Our composite Smart Money Score for NRG is 55 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
106 institutions opened new positions in NRG during Q2 2026, while 147 fully exited. 384 added to existing positions and 493 trimmed.
NRG institutional ownership rose by 3.12 percentage points quarter-over-quarter, with a net change of -31 holders.
The top 10 institutions account for 55.1% of all reported 13F value in NRG, and the top 25 account for 71.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
NRG Energy, Inc. (NRG) Institutional Ownership