Richard Bernstein Advisors Reduces Entergy Holdings

Investment firm lowers stake in utility company by over 50% in Q3

Published on Mar. 10, 2026

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According to a recent 13F filing, Richard Bernstein Advisors LLC lowered its stake in Entergy Corporation (NYSE: ETR) by 52.1% in the third quarter. The investment firm now owns 23,586 shares of the utilities provider's stock, down from 49,260 shares previously.

Why it matters

This reduction in Entergy holdings by a major institutional investor could signal a shift in sentiment around the utility company. Entergy's stock performance and outlook will be closely watched by analysts and investors going forward.

The details

Richard Bernstein Advisors cited selling 25,674 Entergy shares during the third quarter, leaving it with a $2.2 million position in the company. Other major institutional investors, such as the New York State Teachers Retirement System and New York State Common Retirement Fund, increased their Entergy holdings during the same period.

  • Richard Bernstein Advisors filed its 13F report for the third quarter of 2026 on March 10, 2026.

The players

Richard Bernstein Advisors LLC

An investment management firm that provides asset allocation and portfolio construction services.

Entergy Corporation

An integrated energy company that generates, transmits and distributes electricity to customers in Arkansas, Louisiana, Mississippi and Texas.

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The takeaway

The reduction in Entergy holdings by Richard Bernstein Advisors could signal a shift in sentiment around the utility company, though other major investors have increased their positions. Entergy's stock performance and outlook will be closely watched by analysts and investors going forward.