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VST VISTRA CORP

2026Q2 · CUSIP 92840M102 · Nuclear & SMR · Sector: Utilities

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,365
Institutions that reported holding it to the SEC
Net increase in holders
+59
Last quarter 1,306 → now 1,365
How unusual is that
Top 5%
Stronger buying than 96% of US stocks
What the filings say, in one paragraph

1,365 funds held VST at the end of 2026Q2, up 59 from the quarter before. That is stronger buying than 95.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $19.2B(YoY +3.8%), the P/E is 24.2x, return on equity is 40.5%. VST has had 20 buying rushes in its history, and the price moved +10.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Utilities sector, tagged Nuclear & SMR.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2017Q1: holders=5 2017Q2: holders=135 2017Q3: holders=167 2017Q4: holders=249 2018Q1: holders=270 2018Q2: holders=331 2018Q3: holders=315 2018Q4: holders=309 2019Q1: holders=333 2019Q2: holders=326 2019Q3: holders=356 2019Q4: holders=392 2020Q1: holders=366 2020Q2: holders=383 2020Q3: holders=398 2020Q4: holders=394 2021Q1: holders=397 2021Q2: holders=369 2021Q3: holders=382 2021Q4: holders=401 2022Q1: holders=408 2022Q2: holders=415 2022Q3: holders=410 2022Q4: holders=429 2023Q1: holders=424 2023Q2: holders=413 2023Q3: holders=489 2023Q4: holders=545 2024Q1: holders=664 2024Q2: holders=794 2024Q3: holders=910 2024Q4: holders=1098 2025Q1: holders=1108 2025Q2: holders=1264 2025Q3: holders=1330 2025Q4: holders=1334 2026Q1: holders=1306 2026Q2: holders=1365 -188 -94 +0 +94 +188 47191434 17Q118Q119Q120Q121Q122Q123Q124Q125Q126Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 20 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5% — —
2025Q3 Top 5% -5.5% -1.3%
2025Q2 Top 1% in the market +1.4% -12.1%
2024Q4 Top 5% -27.0% -6.4%
2024Q3 Top 1% in the market +10.9% +2.8%
2024Q2 Top 1% in the market +54.8% +74.9%
2024Q1 Top 1% in the market -2.3% -14.0%
2023Q4 Top 10% +62.4% +107.1%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
339
Change in large funds
+29
Total value they hold
$44.9B
Funds buying for the first time
226
Funds that sold out entirely
167
Price change that quarter
+5.1%
Funds holding puts (bearish)
45
Funds holding calls (bullish)
49

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
24.2
EPS (TTM)
$5.93
EPS YoY
-4.7%
Revenue (TTM)
$19.2B
Revenue YoY
+3.8%
Net margin
11.6%
ROE
40.5%
Debt ratio
87.1%
FCF (TTM)
$2.3B
Dividend (TTM)
$0.91
Quarterly Revenue & EPS
2021-09-30: EPS 0.01 2021-12-31: EPS 1.44 2022-03-31: EPS -0.72 2022-06-30: EPS -3.27 2022-09-30: EPS 1.51 2022-12-31: EPS -0.78 2023-03-31: EPS 1.71 2023-06-30: EPS 1.17 2023-09-30: EPS 1.25 2023-12-31: EPS -0.55 2024-03-31: EPS -0.24 2024-06-30: EPS 0.90 2024-09-30: EPS 5.25 2024-12-31: EPS 1.09 2025-03-31: EPS -0.93 2025-06-30: EPS 0.81 2025-09-30: EPS 1.75 2025-12-31: EPS 0.55 2026-03-31: EPS 2.87 2026-06-30: EPS 0.76 0B 3.1B 6.3B $B -3.60 1.09 5.78 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 25 7 45 82 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-1.8B-311M1.2B 201720192020202120222023202420252026
Latest quarter $316M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.