Nrg Energy Inc (NRG) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $5.5B

NRG ranks #461 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

NRG is a top-conviction position for Glendon Capital Management LP — at 13.5% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in NRG belongs to BlackRock, Inc., but the position matters far more to Glendon Capital Management LP, who has 13.5% 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.

Franklin Resources Inc has added to its NRG position for two straight quarters, increasing it by $791.3M to reach $1.9B today.

BlackRock has trimmed its NRG position for two straight quarters, cutting it by $239.7M while still holding $2.6B.

NRG is down 0.6% today, but institutions show net buying of $5.5B this quarter — a divergence between today's price move and the underlying institutional flow.

NRG posted net income of $849.0M over the trailing twelve months, and currently trades at a P/E of 25.7.

• Profitable — net income of $849.0M over the trailing twelve months
• Revenue grew 12.4% year over year
• Net income improved year over year, from $522.0M to $849.0M
• Generated $1.9B in positive operating cash flow
• Current ratio of 1.64x — enough short-term assets to cover short-term liabilities
• Liabilities run 16.33x equity — a highly leveraged balance sheet worth noting