Vistra

VST • NYSE

Vistra is a independent power producers company in the utilities sector on NYSE, led by James A. Burke, with a market cap of $59.2B. As of Q3 2025, 83% of shares are held by 1,300 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.16%.

Chief Executive OfficerJames A. Burke

Market Cap$59.2B

Independent Power Producers

Utilities

Employees4.9K

Websitevistracorp.com

Country

United States of America

Overview

Overview of institutional ownership in VST as of Q3 2025 with a market cap of $66.4B

All Institutions

Institutions: 1,300
Value Held: $55.4B
Shares Held: 282.9M
Avg Position: $42.6M
Median Position: $1.1M

Hedge Funds

Hedge Funds: 129
Value Held: $5.5B
Shares Held: 28.0M
Avg Position: $42.5M
Median Position: $7.8M

Ownership Breakdown

Institutional (non-HF)

75.22%

$49.9B

Hedge Funds

8.26%

$5.5B

Retail & Other

16.52%

$11.0B

Based on market cap of $66.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VST as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$8.1B 0.12% of portfolio	12.16% 41.2M shares	Q2 2017 Held for 8y 5m	$6.69T
B BlackRock, Inc. Institution	-	$5.8B 0.10% of portfolio	8.69% 29.4M shares	Q2 2017 Held for 8y 5m	$5.67T
FMR LLC Institution	-	$3.9B 0.20% of portfolio	5.87% 19.9M shares	Q2 2017 Held for 8y 5m	$1.92T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$3.1B 0.11% of portfolio	4.73% 16.0M shares	Q2 2017 Held for 8y 5m	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$2.1B 0.14% of portfolio	3.23% 10.9M shares	Q2 2017 Held for 8y 5m	$1.56T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.7B 0.11% of portfolio	2.62% 8.9M shares	Q2 2017 Held for 8y 5m	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.6B 0.10% of portfolio	2.38% 8.1M shares	Q2 2017 Held for 8y 5m	$1.65T
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$1.4B 0.43% of portfolio	2.10% 7.1M shares	Q2 2017 Held for 8y 5m	$322.72B
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	David Francis Craver Managing Partner	$920.7M 6.70% of portfolio	1.39% 4.7M shares	Q1 2024 Held for 1y 8m	$13.7B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$895.9M 0.14% of portfolio	1.35% 4.6M shares	Q2 2017 Held for 8y 5m	$633.08B

Net Capital Flow

Institutional buying and selling activity for VST in Q3 2025

Traded: −$351.5M
Buyers: 706
Sellers: 587
Total Bought: +$4.1B
Total Sold: −$4.4B
Avg Position: $38.8M

Biggest Buyers

Institution	Net Bought	Current Position
JPMORGAN CHASE & CO Institution	+$406.4M +2.1M shares	$2.1B 10.9M shares
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	+$342.1M +1.7M shares	$383.5M 2.0M shares
B BlackRock, Inc. Institution	+$199.8M +1.0M shares	$5.8B 29.4M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$195.6M +998.4K shares	$460.9M 2.4M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$182.4M +930.9K shares	$1.4B 7.1M shares
FMR LLC Institution	+$153.2M +782.1K shares	$3.9B 19.9M shares
R ROYAL BANK OF CANADA Institution	+$116.5M +594.8K shares	$346.1M 1.8M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	+$101.7M +519.3K shares	$104.4M 532.8K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$91.0M +464.2K shares	$161.2M 822.9K shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	+$80.2M +409.2K shares	$124.4M 635.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	−$346.9M −1.8M shares	$920.7M 4.7M shares
R Rubric Capital Management LP Hedge Fund•Long/Short	−$276.1M −1.4M shares	Sold Off 0 shares
Merewether Investment Management, LP Hedge Fund•Sector	−$239.3M −1.2M shares	$18.4M 94.0K shares
F FRED ALGER MANAGEMENT INC Long Only Manager	−$147.6M −753.5K shares	$273.2M 1.4M shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	−$147.3M −751.6K shares	$27.2M 138.8K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$134.9M −688.8K shares	$120.1M 613.2K shares
Sachem Head Capital Management LP Hedge Fund•Long/Short	−$134.7M −695.2K shares	Sold Off 0 shares
STATE STREET CORP Institution	−$120.9M −617.2K shares	$3.1B 16.0M shares
VANGUARD GROUP INC Institution	−$110.8M −565.5K shares	$8.1B 41.2M shares
A Appaloosa LP Hedge Fund•Event Driven	−$108.7M −555.0K shares	$243.9M 1.2M shares

Entry and Exit Activity

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

New Positions: 114
New Value: $202.5M
Exited Positions: 129
Exited Value: $845.0M

New Positions

Institution	Position Value
Empower Advisory Group, LLC RIA/Wealth	$62.0M 316.5K shares
SUSQUEHANNA ADVISORS GROUP, INC. Private Equity	$49.0M 250.0K shares
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	$11.7M 60.0K shares
Teamwork Financial Advisors, LLC RIA/Wealth	$11.0M 56.4K shares
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	$5.9M 30.2K shares
HARTLINE INVESTMENT CORP/ RIA/Wealth	$5.5M 28.0K shares
LAKE STREET FINANCIAL LLC RIA/Wealth	$4.4M 22.4K shares
Wakefield Asset Management LLLP RIA/Wealth	$3.7M 18.8K shares
BNC WEALTH MANAGEMENT, LLC RIA/Wealth	$3.5M 17.9K shares
Kerusso Capital Management LLC RIA/Wealth	$3.4M 17.2K shares

Exited Positions

Institution	Previous Position
R Rubric Capital Management LP Hedge Fund•Long/Short	$276.1M 1.4M shares
Sachem Head Capital Management LP Hedge Fund•Long/Short	$134.7M 695.2K shares
Encompass Capital Advisors LLC Hedge Fund•Long/Short	$72.7M 375.0K shares
T TCW GROUP INC Institution	$45.1M 232.8K shares
T Thiel Macro LLC Institution	$40.5M 208.7K shares
Wolf Hill Capital Management, LP Hedge Fund•Long/Short	$21.3M 110.0K shares
M Mercuria Capital Strategies, LLC Institution	$21.3M 110.0K shares
M MBB PUBLIC MARKETS I LLC Institution	$18.2M 93.8K shares
CloudAlpha Capital Management Limited/Hong Kong Institution	$17.6M 91.0K shares
A AustralianSuper Pty Ltd Institution	$13.5M 69.5K shares

Options Activity

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

Call Positions: 69
Call Value: $2.2B
Put Positions: 56
Put Value: $3.3B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$725.3M 37.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$306.0M 15.6K contracts
J JANE STREET GROUP, LLC Institution	$274.6M 14.0K contracts
P PEAK6 LLC Institution	$150.4M 7.7K contracts
W WOLVERINE TRADING, LLC Institution	$119.1M 6.0K contracts
M MAPLELANE CAPITAL, LLC Hedge Fund•Long/Short	$111.7M 5.7K contracts
D D. E. Shaw & Co., Inc. Institution	$50.4M 2.6K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$49.6M 2.5K contracts
BARCLAYS PLC Institution	$45.8M 2.3K contracts
Q Qube Research & Technologies Ltd Institution	$43.5M 2.2K contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$755.3M 38.6K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$711.9M 36.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$507.5M 25.9K contracts
BARCLAYS PLC Institution	$158.2M 8.1K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$127.7M 6.5K contracts
W WOLVERINE TRADING, LLC Institution	$115.0M 5.8K contracts
D D. E. Shaw & Co., Inc. Institution	$112.1M 5.7K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$74.4M 3.8K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$66.1M 3.4K contracts
GOLDMAN SACHS GROUP INC Institution	$54.9M 2.8K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Palidye Holdings Ltd Institution	-	71.88% $147.6M	0.22% 753.3K shares	Q4 2024 Held for 11 months	$205.3M
Ripple Effect Asset Management LP Hedge Fund•Long/Short	Donald Stoltz COO	16.06% $27.9M	0.04% 142.4K shares	Q4 2024 Held for 11 months	$173.7M
R Ratan Capital Management LP Hedge Fund•Long/Short	Nehal Kamalapat Chopra Managing Partner	15.74% $26.2M	0.04% 150.1K shares	Q1 2024 Held for 1y 8m	$166.3M
Carmel Capital Management L.L.C. RIA/Wealth	West David Whittaker CCO	15.24% $50.1M	0.08% 255.9K shares	Q3 2022 Held for 3y 2m	$329.0M
DSC Meridian Capital LP Hedge Fund•Distressed	Sheru Nmn Chowdhry CEO	13.16% $26.3M	0.04% 134.3K shares	Q3 2024 Held for 1y 2m	$200.0M
S Situational Awareness LP Hedge Fund•Sector	Leopold Nmn Aschenbrenner CIO	12.29% $252.3M	0.38% 1.3M shares	Q4 2024 Held for 11 months	$2.1B
P PICKERING ENERGY PARTNERS LP Institution	-	12.05% $548.6K	0.00% 2.8K shares	Q1 2025 Held for 8 months	$4.6M
Goodlander Investment Management, LLC Hedge Fund•Long/Short	John Paul Labanowski Founder	11.20% $29.4M	0.04% 150.0K shares	Q4 2024 Held for 11 months	$262.3M
Castle Hook Partners LP Hedge Fund•Global Macro	Sean Aloysius Rhatigan President	9.95% $657.7M	0.99% 3.4M shares	Q4 2023 Held for 1y 11m	$6.6B
F Forest Avenue Capital Management LP Hedge Fund•Long/Short	Tarigh Nmn Yusufi Founder	9.79% $136.2M	0.21% 695.3K shares	Q1 2024 Held for 1y 8m	$1.4B

Hedge Fund Spotlight

Discover hedge funds investing in VST

CastleKnight Management LP

Hedge Fund • Event Driven

Portfolio ManagerAaron Michael Weitman

Portfolio Value: $1.9B
Positions: 365
Last Reported: Q3 2025

Sector Allocation

Position in Vistra

Market Value: $2.1M
Shares Held: 10.6K
Portfolio Weight: 0.11%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Marvell Technology, Inc. MRVL	Semiconductors Technology	$57.3M	3.08%
2 Micron Technology MU	Semiconductors Technology	$48.0M	2.58%
3 Modine Manufacturing MOD	Auto - Parts Consumer Cyclical	$46.3M	2.49%