FERVO ENERGY CO FRVO
CL A COM · Common Stock · CUSIP 31556C106
- SectorUtilities
- IndustryElectric Services
- HeadquartersHouston, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $29.30. Options: 10 managers hold calls ($33.2m notional), 6 hold puts ($7.4m).
Trends to Q2 2026
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $0 | $0 | — |
| Q2 2026 | $33.2m | $7.4m | 0.22 |
Biggest buyers
| Devon Energy Corp/DE | New | +35.7m |
| Capricorn Investment Group LLC | New | +34.2m |
| JPMORGAN CHASE & CO | New | +7.6m |
| CANADA PENSION PLAN INVESTMENT BOARD | New | +7.3m |
| Capital Research Global Investors | New | +6.0m |
| BlackRock, Inc. | New | +4.5m |
| WELLINGTON MANAGEMENT GROUP LLP | New | +4.4m |
| T. Rowe Price Investment Management, Inc. | New | +4.0m |
| Liberty Mutual Group Asset Management Inc. | New | +3.9m |
| UBS Group AG | New | +3.7m |
Biggest sellers
| None |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $9.8m334.0k shares |
| JANE STREET GROUP, LLC | New | $6.2m211.2k shares |
| PEAK6 LLC | New | $6.0m203.7k shares |
| CITADEL ADVISORS LLC | New | $3.5m121.4k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $2.2m75.0k shares |
| GROUP ONE TRADING LLC | New | $1.5m51.0k shares |
| IMC-Chicago, LLC | New | $1.4m46.3k shares |
| SIMPLEX TRADING, LLC | New | $1.1m38.3k shares |
| UBS Group AG | New | $876.9k30.0k shares |
| Caption Management, LLC | New | $730.8k25.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $3.2m109.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.7m56.7k shares |
| CITADEL ADVISORS LLC | New | $1.2m39.7k shares |
| IMC-Chicago, LLC | New | $768.7k26.3k shares |
| SIMPLEX TRADING, LLC | New | $444.3k15.2k shares |
| GROUP ONE TRADING LLC | New | $152.0k5.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DEVON ENERGY CORP/DE 13G · exempt (held before listing) new · filed 2026-08-13 | 12.5% |
| TIF Partners, LLC 13G · exempt (held before listing) new · filed 2026-08-14 | 11.9% |
| DCVC VI, L.P. 13G · exempt (held before listing) new · filed 2026-08-14 | 6.3% |
| Arnold John Douglas 13G · passive investor new · filed 2026-10-27 | 5.3% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Devon Energy Corp/DE 65.57% of their portfolio | 35.7m $1.0bn | New |
| Capricorn Investment Group LLC 4.45% of their portfolio | 34.2m $1.0bn | New |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 7.6m $240.4m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 7.3m $213.3m | New |
| Capital Research Global Investors 0.02% of their portfolio | 6.0m $175.5m | New |
| BlackRock, Inc. 0.00% of their portfolio | 4.5m $132.4m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 4.4m $129.6m | New |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 4.0m $116.8m | New |
| Liberty Mutual Group Asset Management Inc. 9.90% of their portfolio | 3.9m $113.4m | New |
| UBS Group AG 0.02% of their portfolio | 3.7m $107.2m | New |
| NORGES BANK 0.01% of their portfolio | 3.2m $93.5m | Not comparable |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 3.1m $90.2m | New |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.1m $90.1m | New |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 3.1m $89.4m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.7m $77.7m | New |
| Invesco Ltd. 0.01% of their portfolio | 2.6m $75.6m | New |
| FMR LLC 0.00% of their portfolio | 2.3m $67.7m | New |
| Value Aligned Research Advisors, LLC 0.38% of their portfolio | 2.2m $63.2m | New |
| Robeco Schweiz AG 0.92% of their portfolio | 2.0m $57.6m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.9m $55.1m | New |
| SCOPUS ASSET MANAGEMENT, L.P. 1.26% of their portfolio | 1.8m $53.6m | New |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.8m $52.2m | New |
| Alphabet Inc. 0.05% of their portfolio | 1.8m $51.5m | New |
| Jupiter Topco LLC 0.02% of their portfolio | 1.6m $48.2m | First filing |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.6m $46.8m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.5m $45.0m | New |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.4m $41.1m | New |
| CIBC Bancorp USA Inc. 0.04% of their portfolio | 1.4m $33.6m | New |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.3m $38.8m | New |
| Schonfeld Strategic Advisors LLC 0.20% of their portfolio | 1.3m $37.1m | New |
| HARVARD MANAGEMENT CO INC 0.86% of their portfolio | 1.3m $36.7m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.2m $36.1m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 1.0m $30.1m | New |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 1.0m $29.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.0m $29.3m | New |
| Capital International Investors 0.01% of their portfolio | 1.0m $29.2m | New |
| XN LP 0.70% of their portfolio | 908.5k $26.6m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 892.3k $26.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 856.9k $25.0m | New |
| Zimmer Partners, LP 0.58% of their portfolio | 845.0k $24.7m | New |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 843.2k $24.6m | New |
| BAMCO INC /NY/ 0.03% of their portfolio | 751.1k $22.0m | New |
| VIKING GLOBAL INVESTORS LP 0.06% of their portfolio | 750.0k $21.9m | New |
| Holocene Advisors, LP 0.05% of their portfolio | 747.1k $21.8m | New |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.55% of their portfolio | 724.2k $21.2m | New |
| SEVEN GRAND MANAGERS, LLC 0.82% of their portfolio | 700.0k $20.5m | New |
| Handelsbanken Fonder AB 0.06% of their portfolio | 699.3k $20.4m | New |
| SOROS FUND MANAGEMENT LLC 0.26% of their portfolio | 669.4k $19.6m | New |
| Encompass Capital Advisors LLC 0.79% of their portfolio | 625.1k $18.3m | New |
| ExodusPoint Capital Management, LP 0.16% of their portfolio | 605.2k $17.7m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 548.4k $16.0m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 522.7k $15.3m | New |
| RWC Asset Management LLP 0.57% of their portfolio | 512.9k $15.0m | New |
| Lingotto Investment Management LLP 0.32% of their portfolio | 502.6k $14.7m | New |
| Hood River Capital Management LLC 0.11% of their portfolio | 500.5k $14.6m | New |
| Yaupon Capital Management LP 0.49% of their portfolio | 500.0k $14.6m | New |
| Ghisallo Capital Management LLC 0.29% of their portfolio | 500.0k $14.6m | New |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 475.8k $13.9m | New |
| Burkehill Global Management, LP 0.50% of their portfolio | 470.0k $13.7m | New |
| Aventail Capital Group, LP 0.78% of their portfolio | 463.8k $13.6m | New |
| Electron Capital Partners, LLC 0.54% of their portfolio | 459.8k $13.4m | New |
| REAVES W H & CO INC 0.20% of their portfolio | 450.0k $13.2m | New |
| Alyeska Investment Group, L.P. 0.03% of their portfolio | 450.0k $13.2m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 444.7k $13.0m | New |
| BW Gestao de Investimentos Ltda. 0.30% of their portfolio | 431.1k $12.6m | New |
| Squarepoint Ops LLC 0.02% of their portfolio | 425.0k $12.4m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 425.0k $12.4m | New |
| Blackstone Inc. 0.04% of their portfolio | 400.0k $11.7m | Not comparable |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 382.5k $11.2m | New |
| FRED ALGER MANAGEMENT, LLC 0.04% of their portfolio | 359.5k $10.5m | New |
| LMR Partners LLP 0.07% of their portfolio | 338.3k $9.9m | New |
| Davidson Kempner Capital Management LP 0.15% of their portfolio | 325.0k $9.5m | Not comparable |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 310.6k $9.1m | New |
| COHEN & STEERS, INC. 0.01% of their portfolio | 294.6k $8.6m | New |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 283.0k $8.3m | New |
| Freestone Grove Partners LP 0.05% of their portfolio | 276.3k $8.1m | New |
| Daiwa Securities Group Inc. 0.02% of their portfolio | 251.2k $7.3m | New |
| Covalis Capital LLP 0.41% of their portfolio | 250.0k $7.3m | New |
| Woodline Partners LP 0.02% of their portfolio | 203.3k $5.9m | New |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 200.0k $5.8m | New |
| XTX Topco Ltd 0.07% of their portfolio | 195.4k $5.7m | New |
| Resolute Advisors LLC 1.27% of their portfolio | 180.8k $5.3m | New |
| Weiss Asset Management LP 0.06% of their portfolio | 175.0k $5.1m | Not comparable |
| Lighthouse Investment Partners, LLC 0.16% of their portfolio | 175.0k $5.1m | New |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 169.0k $4.9m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 161.4k $4.7m | New |
| READYSTATE ASSET MANAGEMENT LP 0.18% of their portfolio | 151.2k $4.4m | New |
| MORGAN STANLEY 0.00% of their portfolio | 150.1k $4.4m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 132.5k $3.9m | New |
| TD Asset Management Inc 0.00% of their portfolio | 131.4k $3.8m | New |
| Walleye Capital LLC 0.02% of their portfolio | 120.0k $3.5m | New |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 107.2k $3.1m | New |
| STEADFAST CAPITAL MANAGEMENT LP 0.09% of their portfolio | 101.3k $3.0m | New |
| Symmetry Investments LP 0.32% of their portfolio | 98.6k $2.9m | New |
| Brookfield Corp /ON/ 0.00% of their portfolio | 84.6k $2.5m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 80.2k $2.3m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 77.3k $2.3m | New |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 70.0k $2.0m | New |
| Shay Capital LLC 0.23% of their portfolio | 70.0k $2.0m | New |
| Jain Global LLC 0.02% of their portfolio | 63.1k $1.8m | New |