EVRG ranks #521 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
EVRG is a top-conviction position for Bluescape Energy Partners LLC — at 77.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in EVRG belongs to BlackRock, Inc., but the position matters far more to Bluescape Energy Partners LLC, who has 77.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its EVRG position for two straight quarters, increasing it by $762.2M to reach $2.4B today.
Adage Capital Partners Gp, L.l.c. has trimmed its EVRG position for two straight quarters, cutting it by $57.5M while still holding $30.0M.
EVRG is down 0.9% today, but institutions show net buying of $2.5B this quarter — a divergence between today's price move and the underlying institutional flow.