TLN in the 13F filings

Talen Energy Corp · CUSIP 87422Q109

Sector · Utilities Theme · Electric utilities Theme · Energy and power infrastructure· L3VLUP-defined

Quarter

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024

Quarter end: 31 Dec 2025; the date the book describes
Filed: 27 Oct 2026; latest of these filings; the earliest 22 Jan 2026
Managers listing it: 42; at least, of 95 tracked, among listed positions
Comparable managers: 92; filed both Q3 2025 and Q4 2025; 20 listed it in both
Shares listed: 8,260,708; combined, among listed positions
Reported value: $3.1bn; combined, at the quarter end

Among the 92 comparable managers: 23 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +677,248.

Managers listing TLN in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

ActionShare of book at least

42 of 42 holders

				Action		Filing
Invesco Ltd	1,441,381	$540m	0.05%	Added	+378,357	19 Feb 2026 (the filing on sec.gov)
Lone Pine Capital LLC	1,292,516	$484m	3.56%	Added	+100,000	17 Feb 2026 (the filing on sec.gov)
Sachem Head Capital Management LP	1,000,000	$375m	8.79%	Added	+420,000	13 Feb 2026 (the filing on sec.gov)
Capital World Investors	774,999	$291m	under 0.1%	Held	0	11 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)	645,353	$242m	under 0.1%	Trimmed	-516,401	17 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP	357,349	$134m	0.15%	New	new	17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC	350,299	$131m	0.06%	Added	+322,466	17 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors	335,377	$126m	under 0.1%	Trimmed	-36,057	11 Feb 2026 (the filing on sec.gov)
Oaktree Capital Management LP	331,117	$124m	1.77%	Added	+40,000	17 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP	265,244	$99m	0.36%	Added	+116,575	13 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC	214,253	$80m	0.09%	Added	+60,253	13 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP	162,788	$61m	under 0.1%	New	new	13 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP	143,378	$54m	under 0.1%	Added	+60,048	17 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC	138,613	$52m	0.18%	Trimmed	-120,862	17 Feb 2026 (the filing on sec.gov)
MFS Investment Management	134,255	$50m	under 0.1%	New	new	22 Jan 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc	75,594	$28m	under 0.1%	Trimmed	-35,122	17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP	64,402	$24m	under 0.1%	Added	+9,579	17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP	57,822	$22m	under 0.1%	Added	+22,146	17 Feb 2026 (the filing on sec.gov)
Man Group PLC	56,710	$21m	under 0.1%	Trimmed	-67,812	17 Feb 2026 (the filing on sec.gov)
Rokos Capital Management LLP	56,052	$21m	0.08%	Held	0	13 Feb 2026 (the filing on sec.gov)
Moore Capital Management LP	50,389	$19m	0.27%	Trimmed	-44,539	17 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP	48,954	$18m	0.13%	Added	+48,284	17 Feb 2026 (the filing on sec.gov)
Glenview Capital Management LLC	43,761	$16m	0.33%	New	new	17 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC	40,723	$15m	0.06%	Added	+1,711	13 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP	33,419	$13m	under 0.1%	Trimmed	-210,288	17 Feb 2026 (the filing on sec.gov)

Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Sachem Head Capital Management LPexisting position · 1,000,000 shares now+420,000
Invesco Ltdexisting position · 1,441,381 shares now+378,357
Point72 Asset Management LPnew position · 357,349 shares now+357,349
Millennium Management LLCexisting position · 350,299 shares now+322,466
Arrowstreet Capital LPnew position · 162,788 shares now+162,788

Reductions

Fidelity (FMR LLC)existing position · 645,353 shares now-516,401
Two Sigma Investments LPexisting position · 33,419 shares now-210,288
Voloridge Investment Management LLCexisting position · 138,613 shares now-120,862
Man Group PLCexisting position · 56,710 shares now-67,812
Moore Capital Management LPexisting position · 50,389 shares now-44,539

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (7)

Exited (5)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.

15 in Q3 2024 to 18 in Q2 2026

Tracked managers listing it, at least.

the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.

TLN by quarter
Quarter	Holders	Reported value	Buyers	Sellers
Q3 2024	15	$1.1bn	15	0
Q4 2024	14	$1.1bn	5	12
Q1 2025	13	$1.3bn	8	7
Q2 2025	21	$1.8bn	14	7
Q3 2025	24	$2.6bn	12	14
Q4 2025	23	$2.7bn	23	22
Q1 2026	17	$2.2bn	18	21
Q2 2026	18	$1.9bn	16	24

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

TLN and SO →TLN and D →TLN and NEE →Choose a stock to compare with TLN →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own TLN, latest filings →Back to the 13F Explorer →

Provided for information purposes only, not financial advice. The holdings shown here and anything drawn from them are illustrative, produced from assumptions you control, and must not be relied on for any investment, financial or business decision. Read the full notice

Not advice, and not a recommendation. Everything L3VLUP publishes is provided for information purposes only. Nothing here is financial, investment, legal, tax or accounting advice, a personal recommendation, or an offer or solicitation to buy or sell any security or financial instrument. It takes no account of anyone’s objectives, financial situation or needs.

Not a regulated adviser. L3VLUP does not provide regulated financial services. Speak to a suitably qualified and regulated professional before acting on anything you read here.

Illustrative figures. Default values are plausible starting points chosen so a model has somewhere to begin. They are not data, not a view on any company, and not calibrated to anything. Outputs move with whatever you type in.

Third-party data. Where live figures appear they come from third parties, including public filings and market feeds. They may be delayed, incomplete, restated, mis-tagged at source or simply wrong, and their providers do not endorse or verify this page. Every figure links to where it came from. Check it there before relying on it. Past performance is not a guide to future performance.

Company names and logos. Names, tickers and logos are the trademarks of their owners and appear only to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, none of them took part in preparing the exercise, and nothing here is a statement by or about any of them. See third-party names and marks.

No warranty, and limited liability. This page is provided “as is” without warranty of any kind. To the fullest extent permitted by law, L3VLUP accepts no liability for any loss or damage arising from use of, or reliance on, anything on it. Nothing in this notice limits any liability that cannot lawfully be limited.

Full terms: Information Purposes and No Advice · Terms