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1,115 hedge funds and large institutions have $32B invested in Vistra in 2025 Q1 according to their latest regulatory filings, with 197 funds opening new positions, 451 increasing their positions, 370 reducing their positions, and 169 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 451 | Existing positions reduced: 370

17% more first-time investments, than exits

New positions opened: 197 | Existing positions closed: 169

1% more funds holding

Funds holding: 1,1041,115 (+11)

4.09% less ownership

Funds ownership: 84.31%80.21% (-4.1%)

14% less call options, than puts

Call options by funds: $1.81B | Put options by funds: $2.12B

16% less funds holding in top 10

Funds holding in top 10: 5143 (-8)

19% less capital invested

Capital invested by funds: $39.6B → $32B (-$7.55B)

Holders
1,115
Holders Change
+11
Holders Change %
+1%
% of All Funds
14.95%
Holding in Top 10
43
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-15.69%
% of All Funds
0.58%
New
197
Increased
451
Reduced
370
Closed
169
Calls
$1.81B
Puts
$2.12B
Net Calls
-$306M
Net Calls Change
-$369M
Name Holding Trade Value Shares
Change
Change in
Stake
Cerity Partners
401
Cerity Partners
New York
$2.79M -$4.19M -28,041 -54%
VF
402
Virtu Financial
New York
$2.79M +$3.19M +21,353 +898%
FA
403
Fiduciary Alliance
South Carolina
$2.78M -$169K -1,132 -5%
SPIA
404
Steward Partners Investment Advisory
New York
$2.78M -$1.73M -11,569 -33%
Pacer Advisors
405
Pacer Advisors
Pennsylvania
$2.77M -$697K -4,666 -16%
KRS
406
Kentucky Retirement Systems
Kentucky
$2.72M -$66.6K -446 -2%
XT
407
XTX Topco
Cayman Islands
$2.72M +$2.07M +13,837 +149%
SOAMC
408
Spirit of America Management Corp
New York
$2.71M +$956K +6,400 +38%
KAS
409
Kestra Advisory Services
Texas
$2.68M -$59.9K -401 -2%
OFS
410
OMC Financial Services
New York
$2.68M +$3.4M +22,785 New
JSSH
411
J. Safra Sarasin Holding
$2.66M -$98.8K -661 -3%
Hudson Bay Capital Management
412
Hudson Bay Capital Management
Connecticut
$2.61M -$12.2M -81,458 -79%
DWM
413
Diversify Wealth Management
Utah
$2.6M +$3.01M +20,126 New
CIBC World Market
414
CIBC World Market
Ontario, Canada
$2.59M -$1.48M -9,902 -31%
BB
415
Burford Brothers
Texas
$2.59M +$8.37K +56 +0.3%
NIM
416
NEOS Investment Management
Connecticut
$2.57M +$561K +3,752 +21%
MHI
417
Miller Howard Investments
New York
$2.56M -$129K -865 -4%
MA
418
McBroom & Associates
Nevada
$2.54M +$1.98M +13,273 +159%
JG
419
Jain Global
New York
$2.53M +$212K +1,421 +7%
MAM
420
Meeder Asset Management
Ohio
$2.52M -$3.44M -23,018 -52%
Lazard Asset Management
421
Lazard Asset Management
New York
$2.49M +$516K +3,451 +19%
MA
422
Modus Advisors
Minnesota
$2.49M +$305K +2,044 +11%
Truist Financial
423
Truist Financial
North Carolina
$2.48M +$327K +2,187 +12%
EC
424
Estate Counselors
Wisconsin
$2.48M +$23.9K +160 +0.8%
CFO
425
Callan Family Office
Pennsylvania
$2.46M -$1.92M -12,832 -38%

VST Hedge Fund Activity: Q1 2025 in Review

1,115 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Vistra (VST) for Q1 2025, worth a combined $32B — down 19% from $39.6B a quarter earlier.

Buyers outnumbered sellers: 197 funds opened new VST positions and 169 closed out — a net gain of 28 holders — while 451 added to existing stakes and 370 trimmed.

The largest buyer was Value Aligned Research Advisors, adding an estimated $203M. The largest seller was Fidelity Investments, cutting an estimated $412M.

  • 1,115 institutional investors held Vistra (VST) as of Q1 2025, up from 1,104 in Q4 2024.
  • Funds reported $32B of Vistra stock for Q1 2025, down 19% quarter-over-quarter.
  • 197 funds opened new Vistra positions in Q1 2025 and 169 closed out, a net change of +28 holders.
  • The largest Vistra buyer in Q1 2025 was Value Aligned Research Advisors, an estimated $203M added.
  • The largest Vistra seller in Q1 2025 was Fidelity Investments, an estimated $412M sold.

Based on aggregated 13F filings for Q1 2025.