Xponance Inc. Reduces Stake in Evergy Inc.

Investment firm cuts holdings in Kansas City-based utility company by 20.1% in Q3 2025.

Mar. 3, 2026 at 7:47am

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Xponance Inc., an investment management firm, decreased its stake in Evergy Inc. (NASDAQ:EVRG) by 20.1% in the third quarter of 2025, according to a filing with the Securities and Exchange Commission. Xponance's holdings in Evergy were valued at $2.91 million as of the most recent filing.

Why it matters

Xponance's reduction in its Evergy holdings provides insight into institutional investor sentiment around the Kansas City-based utility company. Evergy serves a mix of urban and rural communities in Kansas and western Missouri, operating under state regulatory frameworks.

The details

Xponance Inc. sold 9,644 shares of Evergy during the third quarter, reducing its total holdings to 38,227 shares. The firm cited unspecified reasons for the stake reduction. Evergy's stock price has risen steadily over the past year, reaching a 52-week high of $84.49 in February 2026.

  • Xponance Inc. filed its most recent 13F report with the SEC on March 3, 2026.
  • The firm reduced its Evergy holdings during the third quarter of 2025.

The players

Xponance Inc.

An investment management firm that decreased its stake in Evergy Inc. by 20.1% in Q3 2025.

Evergy Inc.

A regulated electric utility that generates, transmits and distributes electricity to customers primarily across Kansas and western Missouri.

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The takeaway

Xponance's reduction in Evergy holdings suggests some institutional investors may be taking a more cautious stance on the utility company, even as its stock price has risen. However, Evergy continues to operate as a key provider of electricity services in its Midwest service territory.