NUSCALE PWR CORP SMR
CL A COM · Common Stock · CUSIP 67079K100 · ISIN US67079K1007
Private company that designs and markets small modular reactors (SMRs)
- SectorIndustrials
- IndustryFabricated Plate Work (Boiler Shops)
- HeadquartersCorvallis, OR
- Founded2007
- Websitenuscalepower.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 ($22.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.01. Options: 39 managers hold calls ($734.6m notional), 39 hold puts ($739.3m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 88 |
| Q4 2022 | 103 |
| Q1 2023 | 103 |
| Q2 2023 | 118 |
| Q3 2023 | 125 |
| Q4 2023 | 125 |
| Q1 2024 | 135 |
| Q2 2024 | 180 |
| Q3 2024 | 206 |
| Q4 2024 | 307 |
| Q1 2025 | 323 |
| Q2 2025 | 444 |
| Q3 2025 | 475 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 62 | 55 |
| Q1 2024 | 68 | 61 |
| Q2 2024 | 124 | 46 |
| Q3 2024 | 136 | 60 |
| Q4 2024 | 223 | 66 |
| Q1 2025 | 225 | 112 |
| Q2 2025 | 296 | 139 |
| Q3 2025 | 305 | 169 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $172.8m | $107.4m | 0.62 |
| Q1 2025 | $108.5m | $75.3m | 0.69 |
| Q2 2025 | $553.8m | $391.4m | 0.71 |
| Q3 2025 | $734.6m | $739.3m | 1.01 |
Biggest buyers
| Tidal Investments LLC | Added | +3.5m |
| Samsung C&T Corp | Added | +2.6m |
| VAN ECK ASSOCIATES CORP | Added | +2.1m |
| Marex Group Ltd | Added | +1.7m |
| JPMORGAN CHASE & CO | Added | +1.7m |
| Alyeska Investment Group, L.P. | New | +1.4m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Added | +1.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +957.0k |
| BlackRock, Inc. | Added | +834.5k |
| GOLDMAN SACHS GROUP INC | Added | +753.1k |
Biggest sellers
| D. E. Shaw & Co., Inc. | Reduced | -4.4m |
| UBS Group AG | Reduced | -2.4m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -1.9m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.3m |
| ROYAL BANK OF CANADA | Reduced | -1.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -867.5k |
| Man Group plc | Sold out | -856.3k |
| VANGUARD GROUP INC | Reduced | -844.0k |
| Qube Research & Technologies Ltd | Sold out | -513.7k |
| CloudAlpha Capital Management Limited/Hong Kong | Sold out | -430.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $159.3m4.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $118.8m3.3m shares |
| JANE STREET GROUP, LLC | Added | $102.5m2.8m shares |
| D. E. Shaw & Co., Inc. | Added | $57.1m1.6m shares |
| IMC-Chicago, LLC | Added | $45.6m1.3m shares |
| PEAK6 LLC | Reduced | $45.2m1.3m shares |
| Caption Management, LLC | Added | $35.2m976.8k shares |
| GROUP ONE TRADING LLC | Reduced | $31.8m884.4k shares |
| WOLVERINE TRADING, LLC | Added | $26.4m691.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $21.9m609.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $191.5m5.3m shares |
| Tidal Investments LLC | Added | $145.5m4.0m shares |
| CITADEL ADVISORS LLC | Added | $94.2m2.6m shares |
| JANE STREET GROUP, LLC | Added | $91.8m2.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $33.8m938.6k shares |
| GROUP ONE TRADING LLC | Reduced | $25.0m693.8k shares |
| IMC-Chicago, LLC | Added | $23.8m662.1k shares |
| GOLDMAN SACHS GROUP INC | New | $19.2m533.2k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $19.1m5.3k shares |
| WOLVERINE TRADING, LLC | Added | $17.4m456.4k 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 |
|---|---|
| VAN ECK ASSOCIATES CORP 13G · institution +2.2 pts · filed 2026-08-14 | 8.5% |
| BlackRock, Inc. 13G · institution +3.1 pts · filed 2026-07-29 | 6.5% |
Fell to 5% or below in the last year: GOLDMAN SACHS GROUP INC (2.6%, 2026-05-11), FLUOR CORP (3.9%, 2026-04-17), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2023 | 1 | $231 | 0 | — | — |
| Q1 2024 | 0 | — | 5 | $379.0k | — |
| Q2 2024 | 0 | — | 5 | $426.4k | $198.1k |
| Q3 2024 | 0 | — | 2 | $261.7k | — |
| Q4 2024 | 0 | — | 2 | $1.2m | $1.2m |
| Q1 2025 | 0 | — | 6 | $16.3m | $14.1m |
| Q2 2025 | 0 | — | 5 | $4.8m | $4.0m |
| Q3 2025 | 0 | — | 4 | $450.4m | $1.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-30 | FLUOR CORP Director · See footnote | Sold | $33.4m909.1k shares |
| 2025-09-29 | FLUOR CORP Director · See footnote | Sold | $27.2m697.2k shares |
| 2025-09-26 | FLUOR CORP Director · See footnote | Sold | $22.4m588.7k shares |
| 2025-09-25 | FLUOR CORP Director · See footnote | Sold | $36.4m965.0k shares |
| 2025-09-24 | FLUOR CORP Director · See footnote | Sold | $31.3m773.9k shares |
| 2025-09-23 | FLUOR CORP Director · See footnote | Sold | $41.9m981.7k shares |
| 2025-09-22 | FLUOR CORP Director · See footnote | Sold | $54.4m1.2m shares |
| 2025-09-19 | FLUOR CORP Director · See footnote | Sold | $104.4m2.4m shares |
| 2025-09-18 | FLUOR CORP Director · See footnote | Sold | $46.5m1.2m shares |
| 2025-09-17 | FLUOR CORP Director · See footnote | Sold | $20.8m577.0k shares |
| 2025-09-16 | FLUOR CORP Director · See footnote | Sold | $28.7m771.5k shares |
| 2025-08-27 | Hamady Robert Ramsey Chief Financial Officer | Sold | $1.1m30.6k shares |
| 2025-08-05 | Fisher Carl M. Chief Operating Officer | Sold | $808.2k18.2k shares |
| 2025-07-01 | Reyes Jose N Jr Chief Technology Officer · By Jose N. Reyes, Jr. Trust, dated August 2, 2021 | Sold plan | $1.2m33.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 11.1m $398.3m | Reduced -844.0k |
| BlackRock, Inc. 0.01% of their portfolio | 10.0m $359.8m | Added +834.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.42% of their portfolio | 7.3m $263.2m | Added +1.3m |
| VAN ECK ASSOCIATES CORP 0.18% of their portfolio | 5.3m $190.4m | Added +2.1m |
| Samsung C&T Corp 100.00% of their portfolio | 5.2m $186.7m | Added +2.6m |
| Clear Street Group Inc. 0.76% of their portfolio | 4.3m $155.6m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.2m $150.7m | Added +1.7m |
| Tidal Investments LLC 0.62% of their portfolio | 4.1m $146.3m | Added +3.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.0m $107.5m | Added +129.8k |
| MORGAN STANLEY 0.01% of their portfolio | 2.9m $105.0m | Reduced -251.9k |
| STATE STREET CORP 0.00% of their portfolio | 2.8m $102.6m | Added +112.9k |
| UBS Group AG 0.01% of their portfolio | 2.0m $71.6m | Reduced -2.4m |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 1.9m $69.9m | Reduced -4.4m |
| Marex Group Ltd 0.80% of their portfolio | 1.8m $64.8m | Added +1.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.6m $58.6m | Reduced -350.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.5m $52.8m | Reduced -867.5k |
| Alyeska Investment Group, L.P. 0.16% of their portfolio | 1.4m $52.0m | New |
| Swedbank AB 0.05% of their portfolio | 1.4m $50.5m | Reduced -200.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.2m $44.6m | Added +753.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio | 1.2m $44.0m | Added +957.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $40.2m | Added +28.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $39.2m | Added +77.1k |
| Driehaus Capital Management LLC 0.24% of their portfolio | 916.0k $33.0m | Added +534.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 783.5k $28.2m | Added +167.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 667.4k $24.0m | Reduced -1.1m |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 653.5k $23.5m | Added +457.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 619.4k $22.3m | Added +258.8k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 609.5k $21.9m | Added +309.8k |
| Virtu Financial LLC 1.16% of their portfolio | 579.4k $20.9m | New |
| LPL Financial LLC 0.01% of their portfolio | 567.3k $20.4m | Added +134.5k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 530.8k $19.1m | Added +528.3k |
| FMR LLC 0.00% of their portfolio | 512.7k $18.5m | Added +70.5k |
| EXCHANGE TRADED CONCEPTS, LLC 0.14% of their portfolio | 406.8k $14.6m | Added +71.9k |
| Nuveen, LLC 0.00% of their portfolio | 400.4k $14.4m | Reduced -2.1k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 398.5k $14.3m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 392.3k $14.1m | Added +35.6k |
| MAPLELANE CAPITAL, LLC 0.66% of their portfolio | 379.0k $13.6m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 373.1k $13.4m | Added +205.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 361.4k $13.0m | Added +2.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 283.0k $10.2m | Added +33.8k |
| CITIGROUP INC 0.01% of their portfolio | 281.2k $10.1m | Added +149.3k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 262.7k $9.5m | Added +182.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 260.8k $9.4m | Added +12.5k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 245.8k $8.8m | Reduced -44.7k |
| Swiss National Bank 0.00% of their portfolio | 232.7k $8.4m | Added +4.0k |
| BARCLAYS PLC 0.00% of their portfolio | 225.8k $8.1m | Reduced -56.1k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 221.0k $8.0m | Added +220.4k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 213.6k $7.7m | Added +25.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 208.6k $7.5m | Reduced -11.4k |
| ONCE CAPITAL MANAGEMENT, LLC 1.94% of their portfolio | 198.1k $7.1m | Unchanged |
| Vennlight Capital Management, LP 9.01% of their portfolio | 192.4k $6.9m | New |
| Cetera Investment Advisers 0.01% of their portfolio | 186.3k $6.7m | Added +62.8k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 185.1k $6.6m | Added +20.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 184.6k $6.6m | Added +161.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 183.9k $6.6m | Reduced -5.4k |
| Headlands Technologies LLC 0.52% of their portfolio | 181.7k $6.5m | Added +45.3k |
| Squarepoint Ops LLC 0.01% of their portfolio | 175.6k $6.3m | Added +136.2k |
| GROUP ONE TRADING LLC 0.19% of their portfolio | 175.0k $6.3m | Reduced -67.1k |
| Canal Insurance CO 1.33% of their portfolio | 172.9k $6.2m | Reduced -50.0k |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 168.6k $6.1m | Reduced -1.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 168.1k $6.1m | Added +53.3k |
| SG Americas Securities, LLC 0.02% of their portfolio | 162.4k $5.8m | Added +146.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 141.0k $5.1m | Reduced -13.6k |
| AXIOM INVESTORS LLC /DE 0.04% of their portfolio | 140.6k $5.1m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 135.9k $4.9m | Reduced -57.3k |
| HOHIMER WEALTH MANAGEMENT, LLC 0.68% of their portfolio | 134.4k $4.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 132.8k $4.8m | Reduced -2.4k |
| BI Asset Management Fondsmaeglerselskab A/S 0.04% of their portfolio | 128.7k $4.6m | New |
| SIMPLEX TRADING, LLC 0.10% of their portfolio | 124.7k $4.5m | Added +44.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 121.1k $4.4m | Reduced -1.3m |
| Fox Hill Wealth Management 2.04% of their portfolio | 120.8k $4.3m | Reduced -970 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 119.7k $4.6m | Added +30.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 115.5k $4.2m | Added +12.7k |
| Tower Research Capital LLC (TRC) 0.11% of their portfolio | 115.2k $4.1m | Added +100.0k |
| Calamos Advisors LLC 0.02% of their portfolio | 113.7k $4.1m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 113.5k $4.1m | Added +5.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 108.8k $3.9m | Reduced -110 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.15% of their portfolio | 104.6k $3.8m | New |
| WOLVERINE TRADING, LLC 0.08% of their portfolio | 103.6k $4.0m | Added +95.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 102.3k $3.7m | Added +11.7k |
| Sculptor Capital LP 0.05% of their portfolio | 101.0k $3.6m | Unchanged |
| Kestra Advisory Services, LLC 0.02% of their portfolio | 95.9k $3.5m | Reduced -2.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 95.9k $3.5m | Added +53.8k |
| Mariner, LLC 0.00% of their portfolio | 93.8k $3.4m | Added +29.1k |
| Invesco Ltd. 0.00% of their portfolio | 87.2k $3.1m | Reduced -234.5k |
| Walleye Capital LLC 0.03% of their portfolio | 86.3k $3.1m | Added +59.3k |
| Engineers Gate Manager LP 0.04% of their portfolio | 86.3k $3.1m | Added +60.0k |
| POLEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 83.5k $3.0m | Reduced -1.9k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 81.9k $2.9m | Added +65.0k |
| Bouvel Investment Partners, LLC 0.90% of their portfolio | 81.6k $2.9m | Added +1.3k |
| Private Advisor Group, LLC 0.01% of their portfolio | 76.7k $2.8m | Added +10.7k |
| PINEBRIDGE INVESTMENTS, L.P. 0.02% of their portfolio | 74.3k $2.7m | Reduced -369.3k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 74.1k $2.7m | Reduced -1.6k |
| Caprock Group, LLC 0.06% of their portfolio | 73.2k $2.5m | First filing |
| MFG WEALTH MANAGEMENT, INC. 1.99% of their portfolio | 73.1k $2.6m | Added +26.9k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 72.9k $2.6m | Added +15.9k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 68.8k $2.0m | Added +30.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 68.6k $2.5m | Added +62.5k |
| Verition Fund Management LLC 0.01% of their portfolio | 67.2k $2.4m | Added +11.2k |
| HighTower Advisors, LLC 0.00% of their portfolio | 66.1k $2.4m | Added +16.6k |