Talen Energy Corporation

TLN • XNYS

Talen Energy Corporation is a publicly traded company on XNYS, led by Mark “Mac” McFarland, with a market cap of $16.8B. As of Q3 2025, 103% of shares are held by 543 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.9%.

Chief Executive OfficerMark “Mac” McFarland

Market Cap$16.8B

Overview

Overview of institutional ownership in TLN as of Q3 2025 with a market cap of $19.4B

All Institutions

Institutions: 543
Value Held: $19.9B
Shares Held: 46.9M
Avg Position: $36.7M
Median Position: $1.6M

Hedge Funds

Hedge Funds: 98
Value Held: $7.1B
Shares Held: 16.7M
Avg Position: $72.4M
Median Position: $11.7M

Ownership Breakdown

Institutional (non-HF)

66.15%

$12.9B

Hedge Funds

36.5%

$7.1B

Retail & Other

Based on market cap of $19.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TLN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.9B 0.03% of portfolio	9.90% 4.5M shares	Q3 2024 Held for 1y 2m	$6.69T
B BlackRock, Inc. Institution	-	$1.8B 0.03% of portfolio	9.29% 4.2M shares	Q3 2024 Held for 1y 2m	$5.67T
R Rubric Capital Management LP Hedge Fund•Long/Short	Margaret Kossakowski CFO	$1.5B 22.06% of portfolio	7.88% 3.6M shares	Q3 2024 Held for 1y 2m	$6.9B
M MFN Partners Management, LP Hedge Fund•Value	Michael Frank Demichele Founder	$1.3B 25.77% of portfolio	6.57% 3.0M shares	Q3 2024 Held for 1y 2m	$5.0B
F FRED ALGER MANAGEMENT INC Long Only Manager	Daniel Cayley Chung CEO	$707.7M 2.75% of portfolio	3.64% 1.7M shares	Q3 2024 Held for 1y 2m	$25.8B
R REAVES W H & CO INC Institution	-	$600.0M 10.69% of portfolio	3.09% 1.4M shares	Q4 2023 Held for 1y 11m	$5.6B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$569.5M 0.02% of portfolio	2.93% 1.3M shares	Q3 2024 Held for 1y 2m	$2.88T
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	David Francis Craver Managing Partner	$507.3M 3.69% of portfolio	2.61% 1.2M shares	Q3 2024 Held for 1y 2m	$13.7B
FMR LLC Institution	-	$494.2M 0.03% of portfolio	2.54% 1.2M shares	Q3 2024 Held for 1y 2m	$1.92T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$452.2M 0.07% of portfolio	2.33% 1.1M shares	Q3 2024 Held for 1y 2m	$633.08B

Net Capital Flow

Institutional buying and selling activity for TLN in Q3 2025

Net Flow: +$40.4M
Buyers: 200
Sellers: 206
Total Bought: +$3.4B
Total Sold: −$3.4B
Avg Position: $42.2M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$936.8M +2.2M shares	$1.8B 4.2M shares
FMR LLC Institution	+$454.3M +1.1M shares	$494.2M 1.2M shares
STATE STREET CORP Institution	+$266.9M +627.5K shares	$569.5M 1.3M shares
Invesco Ltd. ETF Provider	+$197.4M +464.0K shares	$452.2M 1.1M shares
PointState Capital LP Hedge Fund•Multi-Strategy	+$121.1M +284.6K shares	$226.7M 532.9K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$91.2M +214.4K shares	$110.4M 259.5K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$73.7M +166.7K shares	$425.1M 961.4K shares
OAKTREE CAPITAL MANAGEMENT LP Hedge Fund•Multi-Strategy	+$68.6M +161.3K shares	$123.8M 291.1K shares
R REAVES W H & CO INC Institution	+$67.2M +158.0K shares	$600.0M 1.4M shares
JPMORGAN CHASE & CO Institution	+$62.1M +146.0K shares	$174.4M 410.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
R Rubric Capital Management LP Hedge Fund•Long/Short	−$384.2M −903.1K shares	$1.5B 3.6M shares
Sachem Head Capital Management LP Hedge Fund•Long/Short	−$329.5M −774.6K shares	$246.7M 580.0K shares
Third Point LLC Hedge Fund•Multi-Strategy	−$185.0M −435.0K shares	$148.9M 350.0K shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	−$179.5M −422.1K shares	$289.1M 679.7K shares
Blackstone Group L.P. Institution	−$175.8M −413.2K shares	$211.7M 497.7K shares
G Gimbel Daniel Scott Institution	−$145.6M −500.6K shares	Sold Off 0 shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$103.1M −354.6K shares	Sold Off 0 shares
F FRED ALGER MANAGEMENT INC Long Only Manager	−$102.0M −239.8K shares	$707.7M 1.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$93.7M −220.2K shares	$11.8M 27.8K shares
Q Qube Research & Technologies Ltd Institution	−$89.2M −209.8K shares	$12.9M 30.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TLN in Q3 2025

New Positions: 100
New Value: $330.3M
Exited Positions: 44
Exited Value: $389.2M

New Positions

Institution	Position Value
P Palestra Capital Management LLC Hedge Fund•Long/Short	$81.5M 191.6K shares
TORTOISE CAPITAL ADVISORS, L.L.C. Real Assets	$42.8M 100.6K shares
P Progeny 3, Inc. Institution	$36.8M 86.5K shares
P PUBLIC SECTOR PENSION INVESTMENT BOARD Institution	$29.8M 70.0K shares
MARSICO CAPITAL MANAGEMENT LLC Long Only Manager	$18.3M 42.9K shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	$17.2M 40.5K shares
W Waratah Capital Advisors Ltd. Hedge Fund•Multi-Strategy	$10.8M 25.3K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$10.1M 23.8K shares
P PINNBROOK CAPITAL MANAGEMENT LP Hedge Fund•Global Macro	$9.1M 21.3K shares
C CAXTON ASSOCIATES LLP Institution	$8.3M 19.6K shares

Exited Positions

Institution	Previous Position
G Gimbel Daniel Scott Institution	$145.6M 500.6K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$103.1M 354.6K shares
T TCW GROUP INC Institution	$24.2M 83.2K shares
LORD, ABBETT & CO. LLC Long Only Manager	$23.6M 81.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.3M 39.0K shares
T TEMASEK HOLDINGS LTD Institution	$9.9M 34.1K shares
Y Y-Intercept Ltd Institution	$9.8M 33.8K shares
DG Capital Management, LLC Hedge Fund•Multi-Strategy	$9.3M 32.1K shares
Y Yaupon Capital Management LP Hedge Fund•Multi-Strategy	$8.1M 27.8K shares
EAM Global Investors LLC Long Only Manager	$5.3M 18.2K shares

Options Activity

Institutions with the largest Call and Put options positions in TLN as of Q3 2025

Call Positions: 30
Call Value: $1.6B
Put Positions: 28
Put Value: $747.4M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$619.1M 14.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$231.8M 5.5K contracts
J JANE STREET GROUP, LLC Institution	$175.0M 4.1K contracts
Walleye Trading LLC RIA/Wealth	$85.3M 2.0K contracts
W WOLVERINE TRADING, LLC Institution	$75.1M 1.8K contracts
M MAPLELANE CAPITAL, LLC Hedge Fund•Long/Short	$68.1M 1.6K contracts
P PEAK6 LLC Institution	$63.1M 1.5K contracts
Arosa Capital Management LP Hedge Fund•Multi-Strategy	$42.5M 1.0K contracts
CITIGROUP INC Institution	$37.9M 890.0 contracts
R ROYAL BANK OF CANADA Institution	$36.2M 850.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$263.9M 6.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$157.9M 3.7K contracts
P SCHOENFELD ASSET MANAGEMENT LP Hedge Fund•Event Driven	$49.2M 1.2K contracts
P potrero capital research llc Hedge Fund•Long/Short	$39.6M 930.0 contracts
J JANE STREET GROUP, LLC Institution	$34.5M 812.0 contracts
CITIGROUP INC Institution	$31.9M 750.0 contracts
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	$21.3M 500.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$19.2M 452.0 contracts
W WOLVERINE TRADING, LLC Institution	$17.5M 415.0 contracts
GOLDMAN SACHS GROUP INC Institution	$16.8M 395.0 contracts

Most Committed Institutions

Institutions with TLN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Charter Oak Advisors LP Hedge Fund•Multi-Strategy	Bradford C Walker Managing Partner	56.45% $100.6M	0.52% 236.6K shares	Q4 2024 Held for 11 months	$178.3M
CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund•Distressed	Daniel Gropper Managing Partner	28.97% $238.5M	1.23% 560.7K shares	Q3 2024 Held for 1y 2m	$823.3M
M MFN Partners Management, LP Hedge Fund•Value	Michael Frank Demichele Founder	25.77% $1.3B	6.57% 3.0M shares	Q3 2024 Held for 1y 2m	$5.0B
OnyxPoint Global Management LP Hedge Fund•Multi-Strategy	Shaia Dawood Hosseinzadeh Managing Partner	24.68% $43.8M	0.23% 102.9K shares	Q3 2024 Held for 1y 2m	$177.4M
R Rubric Capital Management LP Hedge Fund•Long/Short	Margaret Kossakowski CFO	22.06% $1.5B	7.88% 3.6M shares	Q3 2024 Held for 1y 2m	$6.9B
P SCHOENFELD ASSET MANAGEMENT LP Hedge Fund•Event Driven	Peter Michael Schoenfeld CEO	18.36% $64.6M	0.33% 151.9K shares	Q3 2024 Held for 1y 2m	$351.9M
Yost Capital Management, L.L.C. Hedge Fund•Long/Short	Jason Kyle Knutson CFO	15.54% $12.8M	0.07% 30.1K shares	Q3 2024 Held for 1y 2m	$82.3M
E Engle Capital Management, L.P. Hedge Fund•Long/Short	Jeffrey Mark Helman Managing Partner	12.65% $35.9M	0.18% 84.3K shares	Q3 2024 Held for 1y 2m	$283.5M
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short	Joseph A Cohen President	12.04% $27.5M	0.14% 64.5K shares	Q3 2024 Held for 1y 2m	$228.0M
P potrero capital research llc Hedge Fund•Long/Short	Jack R Ripsteen Managing Partner	12.02% $39.8M	0.20% 93.5K shares	Q3 2024 Held for 1y 2m	$330.9M

Hedge Fund Spotlight

Discover hedge funds investing in TLN

Walleye Trading Advisors, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerWilliam Dunning England

Portfolio Value: $11.2B
Positions: 1,691
Last Reported: Q3 2025

Sector Allocation

Position in Talen Energy Corporation

Market Value: $11.8M
Shares Held: 27.9K
Portfolio Weight: 0.11%
Owned Since: 2024-Q3

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