Chevy Chase Trust Holdings Trims NRG Energy Holdings

The institutional investor reduced its stake in the utilities provider by 15.3% in the third quarter.

Mar. 17, 2026 at 8:10am

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Chevy Chase Trust Holdings LLC trimmed its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 15.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,929 shares of the utilities provider's stock worth $20,880,000 as of its most recent SEC filing.

Why it matters

This filing provides insight into the investment strategies and portfolio adjustments of Chevy Chase Trust Holdings, a prominent institutional investor. Changes in holdings of major players can signal broader trends in the energy and utilities sectors.

The details

Chevy Chase Trust Holdings sold 23,203 shares of NRG Energy in the third quarter, reducing its total stake to 128,929 shares. The firm cited the utilities provider's stock performance and portfolio rebalancing as reasons for the trimming. Several other major institutional investors, including Reaves W H & Co. Inc. and MidWestOne Financial Group Inc., also adjusted their NRG Energy positions during the quarter.

  • Chevy Chase Trust Holdings filed its most recent 13F report with the SEC in the third quarter of 2026.

The players

Chevy Chase Trust Holdings LLC

An institutional investment management firm based in Chevy Chase, Maryland.

NRG Energy, Inc.

A U.S.-based integrated power company headquartered in Houston, Texas that develops, owns, and operates a diversified portfolio of power generation assets.

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The takeaway

This filing highlights the ongoing portfolio adjustments and investment strategies of major institutional players in the energy and utilities sectors. As a prominent investor, Chevy Chase Trust Holdings' moves can provide valuable insights into broader market trends and investor sentiment.