NET Power
NPWR
94 hedge funds and large institutions have $74.6M invested in NET Power in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 32 closing their positions.
1,025% more call options, than puts
Call options by funds: $5.51M | Put options by funds: $490K
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.31% less ownership
Funds ownership: 40.15% → 38.84% (-1.3%)
8% less capital invested
Capital invested by funds: $81.4M → $74.6M (-$6.85M)
13% less funds holding
Funds holding: 108 → 94 (-14)
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$1.96M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.37M |
| 3 |
Two Sigma Investments
New York
|
+$1.11M |
| 4 |
BlackRock
New York
|
+$985K |
| 5 |
Millennium Management
New York
|
+$982K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$4.44M |
| 2 |
KCM
Khrom Capital Management
Miami Beach,
Florida
|
-$2.85M |
| 3 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$2.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.94M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.04M |
NPWR Hedge Fund Activity: Q2 2025 in Review
94 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in NET Power (NPWR) for Q2 2025, worth a combined $74.6M — down 8.4% from $81.4M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of NPWR and 18 opened new positions — a net loss of 14 holders — while 20 trimmed existing stakes and 36 added.
The largest buyer was HITE Hedge Asset Management, adding an estimated $1.96M. The largest seller was Kensico Capital Management, exiting entirely with an estimated $4.44M sold.
- 94 institutional investors held NET Power (NPWR) as of Q2 2025, down from 108 in Q1 2025.
- Funds reported $74.6M of NET Power stock for Q2 2025, down 8.4% quarter-over-quarter.
- 18 funds opened new NET Power positions in Q2 2025 and 32 closed out, a net change of -14 holders.
- The largest NET Power buyer in Q2 2025 was HITE Hedge Asset Management, an estimated $1.96M added.
- The largest NET Power seller in Q2 2025 was Kensico Capital Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q2 2025.