Alkeon Capital Boosts Entergy Stake by 15%

Investment firm adds 400,000 shares to its Entergy holdings in Q3

Mar. 15, 2026 at 7:23am

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Alkeon Capital Management LLC increased its stake in Entergy Corporation (NYSE:ETR) by 15.4% during the third quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 3,004,291 shares of the utilities provider's stock, worth approximately $280 million.

Why it matters

Entergy is a major electric utility serving customers across Arkansas, Louisiana, Mississippi, and Texas. Institutional investors like Alkeon closely monitor and adjust their positions in the company, which can signal broader market sentiment and expectations around Entergy's performance.

The details

Alkeon Capital Management added 400,000 shares of Entergy to its portfolio in the third quarter, bringing its total ownership to approximately 0.67% of the company. The investment firm now holds over $279 million worth of Entergy stock.

  • Alkeon Capital increased its Entergy stake during the third quarter of 2026.

The players

Alkeon Capital Management LLC

An investment management firm that focuses on long-term, fundamental investing in public equities.

Entergy Corporation

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

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The takeaway

Alkeon's increased stake in Entergy suggests the investment firm sees continued growth potential in the utility company, which serves a large customer base across the southern United States.