TALEN ENERGY CORP TLN
COM · Common Stock · CUSIP 87422Q109
- 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. Shares outstanding: 51.0m as of 2024-08-13, 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 ≈ $111.02.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 2 |
| Q3 2023 | 3 |
| Q4 2023 | 4 |
| Q1 2024 | 7 |
| Q2 2024 | 11 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 1 | 1 |
| Q4 2023 | 2 | 1 |
| Q1 2024 | 6 | 1 |
| Q2 2024 | 8 | 5 |
Biggest buyers
| Two Seas Capital LP | New | +465.7k |
| Philosophy Capital Management LLC | New | +417.7k |
| REAVES W H & CO INC | Added | +372.1k |
| Rheos Capital Works Inc. | New | +86.0k |
| RIPOSTE CAPITAL LLC | New | +65.0k |
| Covey Capital Advisors, LLC | New | +5.7k |
| Bank of Marin | New | +4.4k |
| O'Brien Greene & Co. Inc | Added | +2.4k |
Biggest sellers
| COOPER CREEK PARTNERS MANAGEMENT LLC | Sold out | -464.0k |
| Ancora Advisors LLC | Reduced | -28.4k |
| Private Capital Advisors, Inc. | Sold out | -3.0k |
| SHIKIAR ASSET MANAGEMENT INC | Reduced | -750 |
| RESOURCES MANAGEMENT CORP /CT/ /ADV | Reduced | -85 |
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 |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2025-10-17 | 8.6% |
| Rubric Capital Management LP 13G · exempt (held before listing) -2.0 pts · filed 2025-11-14 | 7.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| ECP ControlCo, LLC 13G · passive investor new · filed 2026-06-23 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 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 Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| REAVES W H & CO INC 4.67% of their portfolio | 1.2m $138.2m | Added +372.1k |
| Two Seas Capital LP 8.44% of their portfolio | 465.7k $51.7m | New |
| Philosophy Capital Management LLC 7.09% of their portfolio | 417.7k $46.4m | New |
| Rheos Capital Works Inc. 0.50% of their portfolio | 86.0k $9.5m | New |
| RIPOSTE CAPITAL LLC 1.84% of their portfolio | 65.0k $7.2m | New |
| Ancora Advisors LLC 0.04% of their portfolio | 16.1k $1.8m | Reduced -28.4k |
| O'Brien Greene & Co. Inc 0.44% of their portfolio | 12.4k $1.4m | Added +2.4k |
| Covey Capital Advisors, LLC 0.73% of their portfolio | 5.7k $631.0k | New |
| Bank of Marin 0.42% of their portfolio | 4.4k $491.6k | New |
| SHIKIAR ASSET MANAGEMENT INC 0.07% of their portfolio | 2.5k $278.0k | Reduced -750 |
| RESOURCES MANAGEMENT CORP /CT/ /ADV 0.02% of their portfolio | 1.1k $123.0k | Reduced -85 |