Assetmark Inc. Sells Entergy Shares

Investment firm reduces stake in utility company Entergy Corporation

Apr. 17, 2026 at 7:28am

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An extreme close-up of industrial utility equipment and machinery, conveying the tangible, physical nature of the energy infrastructure that powers communities.A major investment firm's reduced stake in a leading utility company reflects broader shifts in the energy sector.New Orleans Today

Assetmark Inc., an investment management firm, decreased its stake in Entergy Corporation (NYSE: ETR) by 22.8% during the fourth quarter, according to a recent SEC filing. The firm sold 52,547 shares of the utility provider's stock, leaving it with 177,985 shares worth $16.45 million at the end of the quarter.

Why it matters

This transaction reflects changes in Assetmark's investment strategy and portfolio composition. As a major institutional investor, Assetmark's moves can provide insights into market trends and investor sentiment around Entergy and the broader utility sector.

The details

Assetmark Inc. sold 52,547 shares of Entergy Corporation stock during the fourth quarter of 2025, reducing its total position in the company by 22.8%. At the end of the quarter, Assetmark held 177,985 shares of Entergy stock valued at $16.45 million.

  • Assetmark Inc. decreased its stake in Entergy during the fourth quarter of 2025.
  • The firm sold 52,547 shares of Entergy stock.

The players

Assetmark Inc.

An investment management firm that decreased its stake in Entergy Corporation.

Entergy Corporation

A utility company that provides electricity generation, transmission and distribution services.

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The takeaway

This transaction highlights the ongoing shifts in institutional investment strategies and portfolio allocations within the utility sector. As a major player, Assetmark's moves can provide valuable insights into broader market trends and investor sentiment.