Envestnet Asset Management Boosts Oklo Stake by 298%

Firm now holds $2.61 million in shares of nuclear microreactor company

Published on Feb. 27, 2026

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Envestnet Asset Management Inc. increased its position in shares of Oklo Inc. (NYSE:OKLO) by 298.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm now owns 23,396 shares of the company's stock, worth $2.61 million.

Why it matters

Oklo is a California-based energy technology company focused on developing advanced nuclear microreactors, a promising alternative to traditional large-scale nuclear plants. The significant increase in Envestnet's stake suggests growing institutional investor interest in Oklo's technology and future prospects.

The details

Envestnet Asset Management acquired an additional 17,526 shares of Oklo during the 3rd quarter, bringing its total holdings to 23,396 shares. This represents a 298.6% increase from the previous quarter. Oklo's microreactor technology aims to deliver carbon-free power through a compact, factory-built design that could be an attractive option for communities and industries seeking reliable, low-emission energy sources.

  • Envestnet increased its Oklo stake during the 3rd quarter of the year.
  • The 13F filing disclosing the increased position was submitted on February 27, 2026.

The players

Envestnet Asset Management Inc.

An investment management firm that provides wealth management solutions to financial advisors and enterprises.

Oklo Inc.

A California-based energy technology company specializing in the design and development of advanced nuclear microreactors.

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What they’re saying

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

Envestnet's significant increase in its Oklo stake suggests growing institutional investor confidence in the company's nuclear microreactor technology, which could play a key role in providing reliable, carbon-free power solutions as the energy landscape continues to evolve.