Thematics Asset Management Sells Stake in nVent Electric

Fund reduces holding in electrical components company by nearly 29%

Mar. 14, 2026 at 11:09am

Got story updates? Submit your updates here. ›

Thematics Asset Management, an investment management firm, has reduced its stake in nVent Electric PLC (NYSE:NVT) by 28.9% during the third quarter, according to a recent SEC filing. The fund now owns 424,873 shares of the company's stock, down from 597,416 shares previously.

Why it matters

nVent Electric is a global manufacturer of electrical connection, protection and thermal management solutions, serving industries such as commercial and industrial construction, oil and gas, telecommunications, and renewable energy. The reduction in Thematics Asset Management's stake could signal a shift in investor sentiment towards the company or the broader electrical components sector.

The details

According to the 13F filing, Thematics Asset Management sold 172,543 shares of nVent Electric during the third quarter. The fund now owns approximately 0.26% of the company's outstanding shares, valued at $41.9 million as of the most recent filing. nVent Electric's stock has seen significant volatility over the past year, trading between a 52-week low of $41.71 and a high of $122.92.

Thematics Asset Management reduced its stake in nVent Electric during the third quarter of 2026.

The players