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 ($864.7m this quarter). Holder counts are more reliable. Shares outstanding: 269.5m as of 2025-12-31, 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 ≈ $648.25. Options: 62 managers hold calls ($4.9bn notional), 58 hold puts ($5.7bn).
Trends to Q4 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 |
| Q2 2025 | 2,392 |
| Q3 2025 | 2,547 |
| Q4 2025 | 2,818 |
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 |
| Q2 2025 | 1,411 | 748 |
| Q3 2025 | 1,346 | 853 |
| Q4 2025 | 1,423 | 930 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $2.4bn | $1.6bn | 0.70 |
| Q2 2025 | $4.2bn | $3.6bn | 0.86 |
| Q3 2025 | $4.8bn | $4.9bn | 1.04 |
| Q4 2025 | $4.9bn | $5.7bn | 1.15 |
Biggest buyers
| Corient Private Wealth LP | Added | +1.6m |
| BlackRock, Inc. | Added | +809.7k |
| HSBC HOLDINGS PLC | Added | +792.7k |
| Winslow Capital Management, LLC | New | +732.8k |
| MORGAN STANLEY | Added | +685.5k |
| JENNISON ASSOCIATES LLC | Added | +601.5k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +592.0k |
| Holocene Advisors, LP | Added | +559.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +466.3k |
| MARSHALL WACE, LLP | Added | +428.2k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -5.2m |
| Capital International Investors | Reduced | -3.0m |
| FMR LLC | Reduced | -1.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.0m |
| Amundi | Reduced | -865.0k |
| JANE STREET GROUP, LLC | Reduced | -565.9k |
| TWO SIGMA ADVISERS, LP | Reduced | -507.6k |
| W1M Investment Management Ltd | Sold out | -420.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -370.9k |
| AXIOM INVESTORS LLC /DE | Reduced | -341.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2bn1.8m shares |
| PEAK6 LLC | Reduced | $716.6m1.1m shares |
| CITADEL ADVISORS LLC | Added | $704.5m1.1m shares |
| JANE STREET GROUP, LLC | Reduced | $680.1m1.0m shares |
| IMC-Chicago, LLC | Added | $371.8m568.9k shares |
| CITIGROUP INC | Added | $286.3m438.0k shares |
| GROUP ONE TRADING LLC | Added | $130.6m199.9k shares |
| Walleye Trading LLC | Added | $118.0m180.5k shares |
| Squarepoint Ops LLC | Reduced | $108.0m165.3k shares |
| SIMPLEX TRADING, LLC | Added | $78.7m120.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2bn1.8m shares |
| JANE STREET GROUP, LLC | Added | $1.1bn1.7m shares |
| CITADEL ADVISORS LLC | Added | $734.4m1.1m shares |
| BARCLAYS PLC | Added | $433.5m663.3k shares |
| IMC-Chicago, LLC | Added | $422.1m645.8k shares |
| PEAK6 LLC | Added | $246.3m376.8k shares |
| CITIGROUP INC | Added | $139.5m213.5k shares |
| JPMORGAN CHASE & CO | Added | $132.5m202.8k shares |
| Walleye Trading LLC | Added | $122.3m187.2k shares |
| Squarepoint Ops LLC | Reduced | $104.6m160.0k 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 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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $6.9m | — |
| Q3 2025 | 0 | — | 1 | $2.0m | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.24% of their portfolio | 25.0m $16.4bn | Added +208.2k |
| FMR LLC 0.72% of their portfolio | 21.5m $14.0bn | Reduced -1.2m |
| BlackRock, Inc. 0.23% of their portfolio | 20.9m $13.6bn | Added +809.7k |
| STATE STREET CORP 0.25% of their portfolio | 11.5m $7.5bn | Added +231.4k |
| JPMORGAN CHASE & CO 0.28% of their portfolio | 6.3m $4.1bn | Reduced -5.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.25% of their portfolio | 6.2m $4.1bn | Added +68.9k |
| MORGAN STANLEY 0.24% of their portfolio | 6.1m $4.0bn | Added +685.5k |
| NORGES BANK 0.24% of their portfolio | 3.5m $2.3bn | Not comparable |
| COATUE MANAGEMENT LLC 5.51% of their portfolio | 3.4m $2.2bn | Reduced -264.0k |
| NORTHERN TRUST CORP 0.23% of their portfolio | 2.8m $1.8bn | Reduced -58.0k |
| GOLDMAN SACHS GROUP INC 0.23% of their portfolio | 2.5m $1.6bn | Reduced -138.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio | 2.4m $1.5bn | Reduced -229.5k |
| Invesco Ltd. 0.14% of their portfolio | 2.3m $1.5bn | Reduced -58.8k |
| Bank of New York Mellon Corp 0.26% of their portfolio | 2.3m $1.5bn | Reduced -1.1k |
| Capital World Investors 0.19% of their portfolio | 2.2m $1.4bn | Added +25.6k |
| BANK OF AMERICA CORP /DE/ 0.10% of their portfolio | 2.2m $1.4bn | Reduced -306.2k |
| Capital International Investors 0.21% of their portfolio | 2.0m $1.3bn | Reduced -3.0m |
| Nuveen, LLC 0.35% of their portfolio | 2.0m $1.3bn | Added +370.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.20% of their portfolio | 1.9m $1.3bn | Added +50.1k |
| Legal & General Group Plc 0.25% of their portfolio | 1.7m $1.1bn | Added +88.6k |
| Corient Private Wealth LP 0.06% of their portfolio | 1.7m $91.3m | Added +1.6m |
| Newport Trust Company, LLC 2.62% of their portfolio | 1.7m $1.1bn | Reduced -18.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.34% of their portfolio | 1.6m $1.1bn | Reduced -302.3k |
| Baird Financial Group, Inc. 1.62% of their portfolio | 1.6m $1.0bn | Reduced -61.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.21% of their portfolio | 1.5m $1.0bn | Reduced -253.2k |
| UBS Group AG 0.19% of their portfolio | 1.5m $978.2m | Added +90.5k |
| HSBC HOLDINGS PLC 0.25% of their portfolio | 1.4m $887.0m | Added +792.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.50% of their portfolio | 1.3m $860.4m | Reduced -168.3k |
| FRANKLIN RESOURCES INC 0.21% of their portfolio | 1.3m $837.2m | Added +105.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.49% of their portfolio | 1.2m $778.5m | Added +592.0k |
| ROYAL BANK OF CANADA 0.14% of their portfolio | 1.2m $768.9m | Added +120.6k |
| AQR CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 1.1m $721.8m | Reduced -54.0k |
| TIGER GLOBAL MANAGEMENT LLC 2.14% of their portfolio | 973.0k $635.9m | Reduced -181.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.34% of their portfolio | 930.7k $608.3m | Reduced -208.4k |
| CITIGROUP INC 0.41% of their portfolio | 926.9k $605.8m | Reduced -59.5k |
| WELLS FARGO & COMPANY/MN 0.11% of their portfolio | 893.8k $584.1m | Added +88.5k |
| ALLIANCEBERNSTEIN L.P. 0.18% of their portfolio | 881.9k $576.4m | Reduced -31.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.43% of their portfolio | 864.8k $565.2m | Added +29.6k |
| RAYMOND JAMES FINANCIAL INC 0.18% of their portfolio | 861.6k $563.2m | Reduced -72.7k |
| FIRST TRUST ADVISORS LP 0.40% of their portfolio | 835.3k $545.9m | Added +184.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 779.5k $509.4m | Reduced -1.0m |
| Artisan Partners Limited Partnership 0.77% of their portfolio | 768.0k $501.9m | Reduced -297.1k |
| TD Asset Management Inc 0.40% of their portfolio | 755.0k $493.5m | Reduced -46.1k |
| Swiss National Bank 0.29% of their portfolio | 746.0k $487.5m | Reduced -40.8k |
| Winslow Capital Management, LLC 1.61% of their portfolio | 732.8k $479.6m | New |
| Bridgewater Associates, LP 1.59% of their portfolio | 666.0k $435.3m | Added +14.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.25% of their portfolio | 657.5k $429.7m | Reduced -24.6k |
| BLAIR WILLIAM & CO/IL 1.14% of their portfolio | 652.3k $426.3m | Added +24.2k |
| JENNISON ASSOCIATES LLC 0.25% of their portfolio | 647.8k $423.4m | Added +601.5k |
| D. E. Shaw & Co., Inc. 0.32% of their portfolio | 645.9k $422.1m | Added +385.0k |
| FEDERATED HERMES, INC. 0.70% of their portfolio | 645.0k $421.6m | Reduced -128.1k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 621.3k $406.1m | Reduced -7.4k |
| WCM INVESTMENT MANAGEMENT, LLC 0.81% of their portfolio | 597.5k $394.2m | Reduced -84.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.34% of their portfolio | 594.7k $391.8m | Added +33.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.38% of their portfolio | 593.2k $387.7m | Added +466.3k |
| Holocene Advisors, LP 0.81% of their portfolio | 589.0k $384.9m | Added +559.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.26% of their portfolio | 572.3k $388.9m | Added +26.1k |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 562.7k $367.8m | Reduced -269.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 552.9k $361.4m | Added +96.1k |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 547.3k $357.7m | Reduced -37.3k |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 531.4k $347.3m | Reduced -116.0k |
| Temasek Holdings (Private) Ltd 1.10% of their portfolio | 519.8k $339.7m | Added +60.9k |
| SEI INVESTMENTS CO 0.34% of their portfolio | 519.6k $339.6m | Added +249.1k |
| Amundi 0.09% of their portfolio | 506.3k $330.9m | Reduced -865.0k |
| Mariner, LLC 0.39% of their portfolio | 499.3k $326.3m | Added +35.9k |
| BARCLAYS PLC 0.13% of their portfolio | 483.7k $316.2m | Reduced -121.9k |
| RHUMBLINE ADVISERS 0.25% of their portfolio | 480.7k $314.2m | Reduced -15.7k |
| W1M Asset Management Ltd 3.24% of their portfolio | 479.7k $313.6m | Added +407.7k |
| National Pension Service 0.23% of their portfolio | 473.3k $309.3m | Reduced -17.2k |
| California Public Employees Retirement System 0.18% of their portfolio | 472.8k $309.0m | Added +999 |
| Robeco Institutional Asset Management B.V. 0.43% of their portfolio | 464.7k $303.7m | Reduced -5.2k |
| MARSHALL WACE, LLP 0.28% of their portfolio | 446.3k $291.7m | Added +428.2k |
| LPL Financial LLC 0.08% of their portfolio | 442.0k $288.9m | Added +100.8k |
| FRED ALGER MANAGEMENT, LLC 1.10% of their portfolio | 429.9k $280.9m | Added +403.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.28% of their portfolio | 427.8k $279.6m | Reduced -8.6k |
| BANK OF MONTREAL /CAN/ 0.11% of their portfolio | 426.5k $278.8m | Added +49.2k |
| SG Americas Securities, LLC 0.36% of their portfolio | 418.7k $273.6m | Added +414.6k |
| Allen Investment Management, LLC 2.89% of their portfolio | 399.5k $261.1m | Added +3.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio | 383.0k $250.3m | Reduced -94.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.13% of their portfolio | 375.1k $245.1m | Reduced -31.6k |
| Rockefeller Capital Management L.P. 0.42% of their portfolio | 357.6k $233.7m | Added +50.2k |
| TWO SIGMA ADVISERS, LP 0.45% of their portfolio | 353.8k $231.2m | Reduced -507.6k |
| CIBC Private Wealth Group LLC 0.38% of their portfolio | 348.4k $227.7m | Reduced -8.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.35% of their portfolio | 345.4k $225.7m | Reduced -370.9k |
| PNC Financial Services Group, Inc. 0.12% of their portfolio | 336.8k $220.1m | Added +9.8k |
| PRUDENTIAL FINANCIAL INC 0.26% of their portfolio | 333.4k $217.9m | Reduced -35.2k |
| Munro Partners 6.02% of their portfolio | 330.3k $215.9m | Added +174.8k |
| NATIXIS ADVISORS, LLC 0.30% of their portfolio | 319.2k $208.6m | Added +58.8k |
| STIFEL FINANCIAL CORP 0.18% of their portfolio | 305.3k $199.5m | Added +13.7k |
| NATIONAL BANK OF CANADA /FI/ 0.20% of their portfolio | 304.4k $198.9m | Added +79.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.26% of their portfolio | 301.9k $197.3m | Reduced -24.1k |
| MARSICO CAPITAL MANAGEMENT LLC 5.29% of their portfolio | 290.7k $190.0m | Reduced -11.8k |
| DSM CAPITAL PARTNERS LLC 2.74% of their portfolio | 283.2k $185.1m | Added +85.0k |
| FIRST MANHATTAN CO. LLC. 0.47% of their portfolio | 276.2k $180.5m | Added +517 |
| Ensign Peak Advisors, Inc 0.31% of their portfolio | 271.9k $177.7m | Reduced -101.1k |
| Value Aligned Research Advisors, LLC 3.63% of their portfolio | 271.2k $177.3m | Added +216.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.20% of their portfolio | 271.2k $177.3m | Added +44.1k |
| Quadrature Capital Ltd 1.80% of their portfolio | 269.7k $176.3m | Added +232.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio | 268.9k $175.9m | Reduced -62.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.24% of their portfolio | 264.5k $172.8m | Reduced -61.9k |