TXNM Energy logo

TXNM Energy

TXNMXNYS

TXNM Energy is a electric services company on XNYS, led by Joseph D. Tarry, with a market cap of $6.4B. As of Q3 2025, 100% of shares are held by 357 institutional investors, with BlackRock, Inc. as the largest holder at 12.02%.

CEOJoseph D. Tarry
Market Cap$6.4B
ELECTRIC SERVICES
Employees1.6K

Overview

Overview of institutional ownership in TXNM as of Q3 2025 with a market cap of $6.0B

All Institutions

Institutions
357
Value Held
$6.0B
Shares Held
105.5M
Avg Position
$16.7M
Median Position
$1.0M

Hedge Funds

Hedge Funds
56
Value Held
$1.5B
Shares Held
25.9M
Avg Position
$26.1M
Median Position
$5.3M

Ownership Breakdown

Institutional (non-HF): 75.57%Institutional (non-HF)Hedge Funds: 24.53%Hedge FundsRetail & Other: -
Institutional (non-HF)
75.57%
$4.5B
Hedge Funds
24.53%
$1.5B
Retail & Other
-
-

Based on market cap of $6.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TXNM as of Q3 2025

InstitutionPosition Value
BlackRock, Inc. logo
BlackRock, Inc.
Institution
$716.2M
0.01% of portfolio
$654.2M
0.01% of portfolio
$452.4M
1.95% of portfolio
BALYASNY ASSET MANAGEMENT LLC logo
BALYASNY ASSET MANAGEMENT LLC
Hedge FundMulti-Strategy
$228.6M
0.48% of portfolio
$207.4M
0.01% of portfolio
Z
Zimmer Partners, LP
Hedge FundLong/Short
$191.6M
4.82% of portfolio
$144.3M
2.57% of portfolio
$136.3M
0.01% of portfolio
$98.8M
0.09% of portfolio
MILLENNIUM MANAGEMENT LLC logo
MILLENNIUM MANAGEMENT LLC
Hedge FundMulti-Strategy
$96.2M
0.08% of portfolio

Net Capital Flow

Institutional buying and selling activity for TXNM in Q3 2025

Traded
+$180.9M
Buyers
198
Sellers
134
Total Bought
+$1.1B
Total Sold
$871.4M
Avg Position
$15.2M

Biggest Buyers

InstitutionNet Bought
BALYASNY ASSET MANAGEMENT LLC logo
BALYASNY ASSET MANAGEMENT LLC
Hedge FundMulti-Strategy
+$177.2M
+3.1M shares
+$90.4M
+1.6M shares
+$82.9M
+1.5M shares
MILLENNIUM MANAGEMENT LLC logo
MILLENNIUM MANAGEMENT LLC
Hedge FundMulti-Strategy
+$74.8M
+1.3M shares
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
+$56.7M
+1.0M shares
SONA ASSET MANAGEMENT  LLC logo
SONA ASSET MANAGEMENT LLC
Hedge FundMulti-Strategy
+$41.8M
+738.6K shares
+$39.4M
+697.1K shares
H
HIGHBRIDGE CAPITAL MANAGEMENT LLC
Hedge FundMulti-Strategy
+$35.0M
+619.1K shares
Melqart Asset Management  Ltd logo
Melqart Asset Management Ltd
Hedge FundMulti-Strategy
+$33.1M
+584.8K shares
R
READYSTATE ASSET MANAGEMENT LP
Hedge FundMulti-Strategy
+$25.8M
+456.4K shares

Biggest Sellers

InstitutionNet Sold
$196.3M
3.5M shares
ALLIANCEBERNSTEIN L.P. logo
ALLIANCEBERNSTEIN L.P.
Long Only Manager
$135.6M
2.4M shares
FMR LLC logo
FMR LLC
Institution
$109.5M
1.9M shares
$42.8M
759.5K shares
$32.7M
577.6K shares
$19.9M
352.4K shares
$18.6M
329.5K shares
$18.6M
329.6K shares
UBS Group AG logo
UBS Group AG
Institution
$15.3M
270.7K shares
LOOMIS SAYLES & CO L P logo
LOOMIS SAYLES & CO L P
Long Only Manager
$13.7M
244.0K shares

Entry and Exit Activity

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

New Positions
37
New Value
$129.4M
Exited Positions
36
Exited Value
$127.0M

New Positions

InstitutionPosition Value
Melqart Asset Management  Ltd logo
Melqart Asset Management Ltd
Hedge FundMulti-Strategy
$33.1M
584.8K shares
R
READYSTATE ASSET MANAGEMENT LP
Hedge FundMulti-Strategy
$25.8M
456.4K shares
$9.1M
161.0K shares
A
$8.1M
142.8K shares
$7.4M
131.2K shares
Phocas Financial Corp. logo
Phocas Financial Corp.
Long Only Manager
$7.2M
128.0K shares
$5.8M
102.0K shares
ANGELO GORDON & CO., L.P. logo
ANGELO GORDON & CO., L.P.
Hedge FundMulti-Strategy
$5.7M
100.7K shares
$5.7M
100.0K shares
BB&T CORP logo
BB&T CORP
Institution
$4.4M
77.4K shares

Exited Positions

InstitutionPrevious Position
$42.8M
759.5K shares
$18.6M
329.6K shares
LOOMIS SAYLES & CO L P logo
LOOMIS SAYLES & CO L P
Long Only Manager
$13.7M
244.0K shares
$12.7M
225.4K shares
Bridgewater Associates, LP logo
Bridgewater Associates, LP
Hedge FundGlobal Macro
$9.7M
171.6K shares
$7.4M
131.9K shares
$4.5M
80.4K shares
$3.1M
55.1K shares
$2.5M
44.7K shares
JENNISON ASSOCIATES LLC logo
JENNISON ASSOCIATES LLC
Long Only Manager
$2.3M
40.3K shares

Options Activity

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

Call Positions
2
Call Value
$271.4K
Put Positions
2
Put Value
$2.1M

Call Positions

InstitutionPosition Value
$271.4K
48.0 contracts
F
FNY Investment Advisers, LLC
Hedge FundMulti-Strategy
-
0.1 contracts

Put Positions

InstitutionPosition Value
$1.1M
196.0 contracts
Y
Yaupon Capital Management LP
Hedge FundMulti-Strategy
$1.0M
182.0 contracts

Most Committed Institutions

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

InstitutionPortfolio Weight
S
Sand Grove Capital Management LLP
Hedge FundEvent Driven
16.39%
$33.5M
SONA ASSET MANAGEMENT  LLC logo
SONA ASSET MANAGEMENT LLC
Hedge FundMulti-Strategy
12.21%
$94.1M
Burren Capital Advisors Ltd logo
Burren Capital Advisors Ltd
Hedge FundEvent Driven
10.83%
$3.6M
A
8.67%
$8.1M
H
HIGHBRIDGE CAPITAL MANAGEMENT LLC
Hedge FundMulti-Strategy
6.14%
$36.7M
Governors Lane LP logo
Governors Lane LP
Hedge FundEvent Driven
5.49%
$39.1M
B
Birnam Oak Advisors, LP
Hedge FundEvent Driven
5.41%
$22.0M
Z
Zimmer Partners, LP
Hedge FundLong/Short
4.82%
$191.6M
Melqart Asset Management  Ltd logo
Melqart Asset Management Ltd
Hedge FundMulti-Strategy
4.32%
$33.1M
Empyrean Capital Partners, LP logo
Empyrean Capital Partners, LP
Hedge FundEvent Driven
4.24%
$81.6M

Hedge Fund Spotlight

Discover hedge funds investing in TXNM

ExodusPoint Capital Management, LP logo
ExodusPoint Capital Management, LP
Hedge FundMulti-Strategy
Portfolio ManagerMichael Robert Gelband
Portfolio Value
$7.1B
Positions
1,352
Last Reported
Q3 2025
AddressNew York, NY
Sector Allocation
Technology: 19.50%TechnologyIndustrials: 13.10%IndustrialsFinancial Services: 11.90%Financial ServicesConsumer Cyclical: 9.70%Consumer CyclicalUtilities: 8.70%UtilitiesHealthcare: 7.60%Consumer Defensive: 6.50%Energy: 5.50%Communication Services: 4.60%Basic Materials: 4.10%Real Estate: 3.30%ETF: 0.80%
TXNM Energy logo

Position in TXNM Energy

Market Value
$430.2K
Shares Held
7.6K
Portfolio Weight
0.01%
Owned Since
2025-Q2
Top HoldingSectorMarket ValueWeight
1
Apple logo
Apple
AAPL
Consumer Electronics
Technology
$306.1M4.29%
2
Ameren logo
Regulated Electric
Utilities
$103.0M1.44%
3
Nvidia logo
Nvidia
NVDA
Semiconductors
Technology
$79.9M1.12%

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