NRG ranks #460 out of 37696 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.
Wealth Enhancement Advisory Services, LLC has added to its NRG position for two straight quarters, increasing it by $2.6M to reach $4.8M today.
Copeland Capital Management, LLC has trimmed its NRG position for two straight quarters, cutting it by $3.8M while still holding $6.4M.
NRG is up 2% today, and institutions have been net buyers of $5.5B this quarter — today's price move and the underlying institutional flow are pointing the same direction.