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 ($137.6m this quarter). Holder counts are more reliable. Shares outstanding: 272.9m as of 2025-03-31, 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 ≈ $304.98. Options: 51 managers hold calls ($2.4bn notional), 45 hold puts ($1.6bn).
Trends to Q1 2025
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 |
| Q1 2025 | 1,952 |
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 |
| Q1 2025 | 993 | 759 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $423.7m | $361.5m | 0.85 |
| Q3 2024 | $1.6bn | $811.0m | 0.51 |
| Q4 2024 | $1.6bn | $1.3bn | 0.80 |
| Q1 2025 | $2.4bn | $1.6bn | 0.70 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +2.0m |
| TIGER GLOBAL MANAGEMENT LLC | New | +1.1m |
| AQR CAPITAL MANAGEMENT LLC | Added | +892.5k |
| Amundi | Added | +868.9k |
| TD Asset Management Inc | Added | +799.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +684.8k |
| Artisan Partners Limited Partnership | Added | +673.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +622.7k |
| VANGUARD GROUP INC | Added | +432.8k |
| Value Aligned Research Advisors, LLC | Added | +394.9k |
Biggest sellers
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -2.9m |
| Capital International Investors | Reduced | -2.7m |
| WCM INVESTMENT MANAGEMENT, LLC | Reduced | -1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.3m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -1.1m |
| FMR LLC | Reduced | -1.1m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -811.2k |
| Bank of New York Mellon Corp | Reduced | -765.9k |
| Evergreen Quality Fund GP, Ltd. | Reduced | -757.4k |
| Assenagon Asset Management S.A. | Reduced | -609.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $540.1m1.8m shares |
| CITADEL ADVISORS LLC | Added | $304.2m996.3k shares |
| Rokos Capital Management LLP | New | $225.2m737.0k shares |
| JANE STREET GROUP, LLC | Reduced | $117.9m386.2k shares |
| CITIGROUP INC | Added | $113.0m370.2k shares |
| UBS Group AG | Added | $110.1m360.6k shares |
| IMC-Chicago, LLC | Added | $107.6m352.6k shares |
| WOLVERINE TRADING, LLC | Added | $100.4m331.3k shares |
| PEAK6 LLC | Reduced | $86.9m284.6k shares |
| GROUP ONE TRADING LLC | Added | $71.3m233.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $393.6m1.3m shares |
| JANE STREET GROUP, LLC | Added | $211.6m693.2k shares |
| CITADEL ADVISORS LLC | Reduced | $205.9m674.3k shares |
| Allianz Asset Management GmbH | Added | $97.8m320.5k shares |
| CITIGROUP INC | New | $79.1m259.1k shares |
| Squarepoint Ops LLC | Added | $70.0m229.2k shares |
| BARCLAYS PLC | Added | $69.0m226.1k shares |
| WOLVERINE TRADING, LLC | Added | $61.4m202.6k shares |
| SIMPLEX TRADING, LLC | Added | $59.9m196.2k shares |
| IMC-Chicago, LLC | Added | $56.4m184.9k 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 Q1 2025
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 Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.13% of their portfolio | 24.4m $7.4bn | Added +432.8k |
| FMR LLC 0.46% of their portfolio | 23.8m $7.3bn | Reduced -1.1m |
| BlackRock, Inc. 0.12% of their portfolio | 19.1m $5.8bn | Added +188.0k |
| Capital International Investors 0.73% of their portfolio | 12.1m $3.7bn | Reduced -2.7m |
| STATE STREET CORP 0.14% of their portfolio | 10.9m $3.3bn | Added +106.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 6.0m $1.8bn | Added +189.1k |
| MORGAN STANLEY 0.09% of their portfolio | 4.2m $1.3bn | Reduced -290.7k |
| COATUE MANAGEMENT LLC 5.06% of their portfolio | 3.8m $1.1bn | Reduced -104.6k |
| Newport Trust Company, LLC 2.79% of their portfolio | 3.6m $1.1bn | Reduced -108.2k |
| NORGES BANK 0.14% of their portfolio | 3.2m $983.9m | Reduced -150.7k |
| Bank of New York Mellon Corp 0.19% of their portfolio | 3.2m $964.7m | Reduced -765.9k |
| GOLDMAN SACHS GROUP INC 0.17% of their portfolio | 2.9m $881.4m | Added +13.9k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 2.6m $803.4m | Added +1.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.93% of their portfolio | 2.6m $797.9m | Reduced -2.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio | 2.6m $786.2m | Reduced -1.3m |
| D. E. Shaw & Co., Inc. 0.77% of their portfolio | 2.1m $649.1m | Added +2.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.16% of their portfolio | 2.1m $635.0m | Added +367.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.12% of their portfolio | 2.0m $619.7m | Added +684.8k |
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 1.9m $591.8m | Added +282.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.20% of their portfolio | 1.9m $591.3m | Added +622.7k |
| EAGLE CAPITAL MANAGEMENT LLC 1.97% of their portfolio | 1.8m $539.5m | Reduced -303.8k |
| Invesco Ltd. 0.10% of their portfolio | 1.8m $535.8m | Added +199.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 1.7m $531.9m | Added +62.9k |
| Baird Financial Group, Inc. 0.99% of their portfolio | 1.7m $514.3m | Added +128.0k |
| Amundi 0.18% of their portfolio | 1.7m $496.0m | Added +868.9k |
| Legal & General Group Plc 0.13% of their portfolio | 1.6m $494.1m | Added +151.9k |
| UBS Group AG 0.10% of their portfolio | 1.4m $442.0m | Added +175.2k |
| Evergreen Quality Fund GP, Ltd. 16.09% of their portfolio | 1.4m $430.7m | Reduced -757.4k |
| Artisan Partners Limited Partnership 0.68% of their portfolio | 1.4m $419.1m | Added +673.0k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 1.3m $397.3m | Reduced -252.4k |
| AQR CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 1.2m $366.0m | Added +892.5k |
| ALLIANCEBERNSTEIN L.P. 0.13% of their portfolio | 1.1m $348.5m | Reduced -3.7k |
| TIGER GLOBAL MANAGEMENT LLC 1.21% of their portfolio | 1.1m $322.2m | New |
| TD Asset Management Inc 0.26% of their portfolio | 926.8k $282.9m | Added +799.4k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 829.9k $253.3m | Added +90.0k |
| Swiss National Bank 0.17% of their portfolio | 777.4k $237.3m | Added +1.0k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 753.0k $229.9m | Added +272.1k |
| Nuveen, LLC 0.07% of their portfolio | 732.3k $223.6m | First filing |
| Capital Research Global Investors 0.05% of their portfolio | 715.4k $218.4m | Reduced -17.3k |
| BARCLAYS PLC 0.10% of their portfolio | 690.0k $210.6m | Added +144.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 673.5k $205.6m | Added +3.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio | 654.6k $199.8m | Reduced -811.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.15% of their portfolio | 652.3k $199.1m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 635.6k $194.0m | Added +13.9k |
| Castle Hook Partners LP 5.08% of their portfolio | 631.8k $192.9m | Reduced -120.5k |
| WCM INVESTMENT MANAGEMENT, LLC 0.49% of their portfolio | 629.8k $190.8m | Reduced -1.4m |
| Bridgewater Associates, LP 0.88% of their portfolio | 620.8k $189.5m | Added +379.5k |
| Holocene Advisors, LP 0.55% of their portfolio | 609.0k $185.9m | Reduced -534.6k |
| CITIGROUP INC 0.14% of their portfolio | 603.2k $184.1m | Added +226.0k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 572.6k $174.8m | Added +55.4k |
| RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio | 568.9k $173.7m | Reduced -97.5k |
| FEDERATED HERMES, INC. 0.37% of their portfolio | 567.9k $173.4m | Added +434 |
| JANE STREET GROUP, LLC 0.31% of their portfolio | 557.6k $170.2m | Added +208.9k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 556.8k $170.0m | Reduced -6.3k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 544.1k $166.1m | Added +56.2k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.76% of their portfolio | 512.8k $156.5m | Reduced -99.0k |
| AXIOM INVESTORS LLC /DE 0.75% of their portfolio | 511.7k $156.2m | Added +137.3k |
| W1M Investment Management Ltd 2.36% of their portfolio | 499.0k $152.3m | Reduced -116.8k |
| Value Aligned Research Advisors, LLC 12.27% of their portfolio | 494.6k $151.0m | Added +394.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.14% of their portfolio | 490.2k $149.6m | Added +53.6k |
| RHUMBLINE ADVISERS 0.14% of their portfolio | 485.2k $148.1m | Added +18.4k |
| National Pension Service 0.14% of their portfolio | 483.4k $147.6m | Added +21.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.22% of their portfolio | 465.8k $142.2m | Added +144.1k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 458.0k $139.0m | Reduced -6.5k |
| Temasek Holdings (Private) Ltd 0.56% of their portfolio | 451.9k $138.0m | Added +261.5k |
| NATIONAL BANK OF CANADA /FI/ 0.16% of their portfolio | 438.5k $133.9m | Added +246.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 431.6k $131.7m | Reduced -56.9k |
| California Public Employees Retirement System 0.09% of their portfolio | 431.0k $131.6m | Reduced -10.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 421.5k $128.7m | Added +11.0k |
| Polar Capital Holdings Plc 0.77% of their portfolio | 413.6k $126.3m | Reduced -156.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio | 403.6k $123.2m | Reduced -166.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.45% of their portfolio | 396.2k $120.9m | Reduced -69.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 374.8k $114.4m | Added +1.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 368.6k $112.5m | Reduced -11.2k |
| Capital World Investors 0.02% of their portfolio | 363.9k $111.1m | New |
| Capital Group Private Client Services, Inc. 1.08% of their portfolio | 363.8k $111.1m | Added +48.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio | 356.1k $108.7m | Added +10.9k |
| BLAIR WILLIAM & CO/IL 0.33% of their portfolio | 353.2k $107.8m | Added +222.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.29% of their portfolio | 348.7k $106.4m | Added +50.1k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 347.9k $106.2m | Reduced -52.0k |
| Slate Path Capital LP 1.91% of their portfolio | 346.6k $105.8m | Added +6.3k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 331.1k $101.1m | Reduced -245.4k |
| STIFEL FINANCIAL CORP 0.10% of their portfolio | 319.2k $97.5m | Added +29.1k |
| MARSICO CAPITAL MANAGEMENT LLC 3.24% of their portfolio | 309.6k $94.5m | Reduced -106.4k |
| SEI INVESTMENTS CO 0.12% of their portfolio | 299.7k $91.5m | Added +111.5k |
| Munro Partners 4.28% of their portfolio | 295.2k $90.1m | Reduced -42.5k |
| STEADFAST CAPITAL MANAGEMENT LP 2.49% of their portfolio | 287.6k $87.8m | Reduced -274.9k |
| Korea Investment CORP 0.21% of their portfolio | 285.6k $87.2m | Added +76.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.14% of their portfolio | 273.6k $83.5m | Reduced -302.8k |
| XN LP 3.79% of their portfolio | 273.1k $83.4m | New |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 3.93% of their portfolio | 268.3k $81.9m | Reduced -55.0k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 263.6k $80.5m | Reduced -114.9k |
| Electron Capital Partners, LLC 5.73% of their portfolio | 262.0k $80.0m | Reduced -282.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.16% of their portfolio | 261.6k $79.9m | Added +1.6k |
| Rockefeller Capital Management L.P. 0.19% of their portfolio | 254.1k $77.6m | Reduced -28.8k |
| Encompass Capital Advisors LLC 2.96% of their portfolio | 252.1k $77.0m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 248.9k $76.0m | Added +148.3k |
| Avala Global LP 5.17% of their portfolio | 248.2k $75.8m | Reduced -6.0k |
| Caisse de depot et placement du Quebec 0.15% of their portfolio | 241.4k $73.7m | Reduced -30.6k |
| Ceredex Value Advisors LLC 1.58% of their portfolio | 236.0k $72.0m | Added +30.7k |