Night Owl Capital Management’s Vistra VST Stock Holding History

Night Owl Capital Management’s Portfolio VST Stock Details VST Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-116,161	Closed	-$22.8M	–	31
2025 Q3	$22.8M	Buy	116,161 +1,124	+1%	+$223K	2.48%	17
2025 Q2	$22.3M	Sell	115,037 -100,430	-47%	-$14.9M	2.58%	16
2025 Q1	$25.3M	Buy	215,467 +8,772	+4%	+$1.31M	3.16%	16
2024 Q4	$28.5M	Buy	206,695 +7,022	+4%	+$975K	3.68%	14
2024 Q3	$23.7M	Buy	199,673 +6,231	+3%	+$529K	3.24%	15
2024 Q2	$16.6M	Buy	193,442 +907	+0.5%	+$75.9K	2.49%	19
2024 Q1	$13.4M	Buy	+192,535	New	+$9.52M	2.04%	20

Other funds holding VST

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Night Owl Capital Management's VST Position: Q4 2025 in Review

Night Owl Capital Management sold out of Vistra (VST) in Q4 2025, closing a stake of 116,161 shares — an estimated $22.8M sold.

Night Owl Capital Management first reported a position in VST in Q1 2024 and held it in 7 quarters. The position peaked at $28.5M in Q4 2024. 1,338 funds tracked by Wall St. Rank hold VST as of Q4 2025.

Night Owl Capital Management reported no remaining Vistra position as of Q4 2025 after selling out during the quarter.
Night Owl Capital Management sold 116,161 Vistra shares in Q4 2025, an estimated $22.8M.
Night Owl Capital Management first reported a position in Vistra in Q1 2024 and held it in 7 quarters.
Night Owl Capital Management's Vistra position peaked at $28.5M in Q4 2024.
1,338 funds tracked by Wall St. Rank held Vistra as of Q4 2025.

Based on Night Owl Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.