GE VERNOVA INC GEV
COM · Common Stock · CUSIP 36828A101 · ISIN US36828A1016
American energy equipment manufacturing company
- SectorIndustrials
- IndustryElectronic & Other Electrical Equipment (No Computer Equip)
- HeadquartersCambridge, MA
- Founded2023
- Websitegevernova.com
- 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 ($165.6m this quarter). Holder counts are more reliable. Shares outstanding: 275.9m as of 2025-01-15, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $329.12. Options: 43 managers hold calls ($1.6bn notional), 39 hold puts ($1.3bn).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 2 |
| Q1 2024 | 74 |
| Q2 2024 | 1,460 |
| Q3 2024 | 1,623 |
| Q4 2024 | 1,904 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 73 | 0 |
| Q2 2024 | 1,413 | 20 |
| Q3 2024 | 818 | 653 |
| Q4 2024 | 916 | 673 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $18.7m | $19.3m | 1.03 |
| Q2 2024 | $423.7m | $361.5m | 0.85 |
| Q3 2024 | $1.6bn | $811.0m | 0.51 |
| Q4 2024 | $1.6bn | $1.3bn | 0.80 |
Biggest buyers
| Capital International Investors | Added | +3.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +1.2m |
| BlackRock, Inc. | Added | +916.3k |
| FMR LLC | Added | +814.2k |
| MORGAN STANLEY | Added | +706.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +690.5k |
| 1832 Asset Management L.P. | Added | +685.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +540.2k |
| Polar Capital Holdings Plc | Added | +523.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +482.8k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -3.5m |
| EAGLE CAPITAL MANAGEMENT LLC | Reduced | -2.1m |
| MARSHALL WACE, LLP | Sold out | -1.7m |
| JPMORGAN CHASE & CO | Reduced | -1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.6m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -1.4m |
| FRANKLIN RESOURCES INC | Reduced | -1.4m |
| SurgoCap Partners LP | Sold out | -1.2m |
| LONE PINE CAPITAL LLC | Sold out | -1.2m |
| Bank of New York Mellon Corp | Reduced | -960.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $351.9m1.1m shares |
| CITADEL ADVISORS LLC | Reduced | $302.8m920.6k shares |
| JANE STREET GROUP, LLC | Reduced | $153.2m465.8k shares |
| PEAK6 LLC | First filing | $134.7m409.5k shares |
| Laurion Capital Management LP | New | $85.0m258.5k shares |
| WOLVERINE TRADING, LLC | Added | $75.1m227.4k shares |
| D. E. Shaw & Co., Inc. | Added | $45.0m136.9k shares |
| IMC-Chicago, LLC | Added | $44.6m135.7k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $42.8m130.0k shares |
| Walleye Trading LLC | Reduced | $37.8m114.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $360.4m1.1m shares |
| CITADEL ADVISORS LLC | Added | $267.0m811.7k shares |
| JANE STREET GROUP, LLC | Reduced | $78.6m239.0k shares |
| D. E. Shaw & Co., Inc. | Added | $56.7m172.4k shares |
| IMC-Chicago, LLC | Added | $56.6m172.1k shares |
| WOLVERINE TRADING, LLC | Added | $47.9m145.1k shares |
| BARCLAYS PLC | New | $44.8m136.3k shares |
| UBS Group AG | Added | $38.6m117.5k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Unchanged | $32.9m100.0k shares |
| Laurion Capital Management LP | New | $31.6m96.2k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| FMR LLC 13G · institution filed 2026-05-06 | 6.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
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 in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.49% of their portfolio | 24.9m $8.2bn | Added +814.2k |
| VANGUARD GROUP INC 0.14% of their portfolio | 24.0m $7.9bn | Reduced -3.5m |
| BlackRock, Inc. 0.13% of their portfolio | 18.9m $6.2bn | Added +916.3k |
| Capital International Investors 0.92% of their portfolio | 14.9m $4.9bn | Added +3.0m |
| STATE STREET CORP 0.14% of their portfolio | 10.8m $3.5bn | Added +349.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.15% of their portfolio | 5.8m $1.9bn | Added +195.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.94% of their portfolio | 5.5m $1.8bn | Reduced -895.3k |
| MORGAN STANLEY 0.10% of their portfolio | 4.5m $1.5bn | Added +706.6k |
| Bank of New York Mellon Corp 0.24% of their portfolio | 3.9m $1.3bn | Reduced -960.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.15% of their portfolio | 3.9m $1.3bn | Reduced -1.6m |
| COATUE MANAGEMENT LLC 4.28% of their portfolio | 3.9m $1.3bn | Reduced -78.6k |
| Newport Trust Company, LLC 2.93% of their portfolio | 3.7m $1.2bn | Reduced -40.2k |
| NORGES BANK 0.15% of their portfolio | 3.4m $1.1bn | Added +472.9k |
| GOLDMAN SACHS GROUP INC 0.18% of their portfolio | 2.9m $945.1m | Added +255.0k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 2.6m $865.1m | Added +343.8k |
| Evergreen Quality Fund GP, Ltd. 22.89% of their portfolio | 2.2m $713.2m | Unchanged |
| EAGLE CAPITAL MANAGEMENT LLC 2.48% of their portfolio | 2.1m $681.2m | Reduced -2.1m |
| WCM INVESTMENT MANAGEMENT, LLC 1.61% of their portfolio | 2.1m $683.0m | Reduced -492.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 1.7m $563.4m | Reduced -99.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 1.7m $552.4m | Added +49.8k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 1.7m $544.8m | Added +163.6k |
| Baird Financial Group, Inc. 0.98% of their portfolio | 1.6m $512.0m | Added +78.2k |
| Invesco Ltd. 0.09% of their portfolio | 1.6m $511.6m | Added +466.2k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 1.6m $511.1m | Reduced -1.7m |
| Legal & General Group Plc 0.13% of their portfolio | 1.5m $482.4m | Added +196.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.46% of their portfolio | 1.5m $482.1m | Added +78.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 1.3m $442.5m | Added +422.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.14% of their portfolio | 1.3m $432.3m | Added +1.2m |
| UBS Group AG 0.09% of their portfolio | 1.3m $418.6m | Added +401.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 1.34% of their portfolio | 1.2m $380.0m | Added +690.5k |
| ALLIANCEBERNSTEIN L.P. 0.13% of their portfolio | 1.1m $376.7m | Reduced -158.2k |
| Holocene Advisors, LP 1.22% of their portfolio | 1.1m $376.2m | Added +99.6k |
| Amundi 0.10% of their portfolio | 797.1k $292.1m | Added +46.1k |
| Swiss National Bank 0.17% of their portfolio | 776.4k $255.4m | Reduced -37.2k |
| Castle Hook Partners LP 5.26% of their portfolio | 752.3k $247.4m | Reduced -298.5k |
| 1832 Asset Management L.P. 0.44% of their portfolio | 743.5k $244.6m | Added +685.3k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 739.9k $243.4m | Added +182.5k |
| Capital Research Global Investors 0.05% of their portfolio | 732.7k $241.0m | Reduced -565.7k |
| Artisan Partners Limited Partnership 0.35% of their portfolio | 699.9k $230.2m | Added +364.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 669.9k $220.4m | Added +52.6k |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 666.4k $219.2m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 621.8k $204.5m | Reduced -64.5k |
| Assenagon Asset Management S.A. 0.36% of their portfolio | 617.6k $203.1m | Added +456.9k |
| W1M Investment Management Ltd 3.23% of their portfolio | 615.7k $202.7m | Reduced -112.0k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 614.8k $202.2m | Added +29.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.88% of their portfolio | 611.8k $201.2m | Added +198.6k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 576.5k $189.6m | Reduced -74.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.28% of their portfolio | 576.5k $189.6m | Added +540.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.15% of their portfolio | 569.7k $187.4m | Added +482.8k |
| Polar Capital Holdings Plc 1.05% of their portfolio | 569.7k $187.4m | Added +523.7k |
| FEDERATED HERMES, INC. 0.41% of their portfolio | 567.5k $186.7m | Added +349.7k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 563.1k $185.2m | Reduced -1.4m |
| STEADFAST CAPITAL MANAGEMENT LP 3.92% of their portfolio | 562.4k $185.0m | Reduced -18.4k |
| BARCLAYS PLC 0.09% of their portfolio | 545.3k $179.4m | Reduced -86.5k |
| Electron Capital Partners, LLC 10.34% of their portfolio | 544.7k $179.2m | Reduced -276.2k |
| HRT FINANCIAL LP 1.04% of their portfolio | 523.3k $172.1m | Added +468.1k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 517.2k $170.1m | Added +49.8k |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 508.6k $167.3m | Added +235.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.09% of their portfolio | 488.5k $160.7m | Reduced -88.8k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 487.9k $160.5m | Reduced -36.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 482.2k $158.6m | Added +76.5k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 480.9k $158.2m | Reduced -492.6k |
| RHUMBLINE ADVISERS 0.14% of their portfolio | 466.9k $153.6m | Reduced -1.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.54% of their portfolio | 465.8k $153.2m | Added +244.3k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 464.4k $153.2m | Added +11.8k |
| National Pension Service 0.14% of their portfolio | 462.3k $152.1m | Reduced -92.3k |
| California Public Employees Retirement System 0.10% of their portfolio | 441.7k $145.3m | Reduced -28.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.15% of their portfolio | 436.6k $154.6m | Added +35.2k |
| MARSICO CAPITAL MANAGEMENT LLC 3.72% of their portfolio | 416.0k $136.8m | Added +114.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 410.5k $135.0m | Added +7.7k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 399.8k $131.5m | Reduced -45.6k |
| Clean Energy Transition LLP 13.43% of their portfolio | 398.5k $131.1m | Reduced -253.9k |
| Bain Capital Public Equity Management II, LLC 6.00% of their portfolio | 397.0k $130.6m | Added +178.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 379.8k $124.9m | Added +149.2k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 378.4k $124.5m | Reduced -196.7k |
| CITIGROUP INC 0.12% of their portfolio | 377.2k $124.1m | Reduced -219.2k |
| AXIOM INVESTORS LLC /DE 0.91% of their portfolio | 374.4k $123.2m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 373.4k $122.8m | Added +34.3k |
| VIKING GLOBAL INVESTORS LP 0.38% of their portfolio | 361.5k $118.9m | Reduced -651.7k |
| AQR CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 352.9k $116.1m | Added +162.9k |
| JANE STREET GROUP, LLC 0.18% of their portfolio | 348.7k $114.7m | Added +248.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.15% of their portfolio | 345.3k $113.6m | Added +7.5k |
| Slate Path Capital LP 2.02% of their portfolio | 340.3k $111.9m | Reduced -214.0k |
| Munro Partners 3.86% of their portfolio | 337.6k $111.1m | Reduced -158.1k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 3.56% of their portfolio | 323.3k $106.4m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio | 321.7k $105.8m | Added +197.5k |
| Capital Group Private Client Services, Inc. 0.95% of their portfolio | 315.5k $103.8m | Added +44.2k |
| Fullerton Fund Management Co Ltd. 3.59% of their portfolio | 312.8k $102.9m | Reduced -446.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.24% of their portfolio | 298.6k $98.2m | Added +46.5k |
| STIFEL FINANCIAL CORP 0.10% of their portfolio | 290.1k $95.4m | Reduced -1.8k |
| BESSEMER GROUP INC 0.15% of their portfolio | 287.7k $94.6m | Added +279.3k |
| Rockefeller Capital Management L.P. 0.24% of their portfolio | 282.9k $93.1m | Reduced -106.5k |
| Caisse de depot et placement du Quebec 0.19% of their portfolio | 272.0k $89.5m | Reduced -83.5k |
| Balyasny Asset Management L.P. 0.20% of their portfolio | 262.7k $86.4m | Added +249.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.16% of their portfolio | 260.1k $85.6m | Added +1.5k |
| PANAGORA ASSET MANAGEMENT INC 0.40% of their portfolio | 259.9k $85.5m | Reduced -334 |
| Avala Global LP 5.21% of their portfolio | 254.2k $83.6m | Reduced -6.5k |
| Merewether Investment Management, LP 3.31% of their portfolio | 252.3k $83.0m | Reduced -367.7k |
| EVENTIDE ASSET MANAGEMENT, LLC 1.49% of their portfolio | 249.5k $82.1m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 242.1k $79.6m | Added +7.4k |