Assenagon Asset Management Boosts CenterPoint Energy Holdings

The investment firm increased its stake in the utility provider by over 70% in the fourth quarter.

Mar. 27, 2026 at 7:22am

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Assenagon Asset Management S.A. grew its holdings in CenterPoint Energy, Inc. (NYSE:CNP) by 70.4% during the 4th quarter, according to a recent filing with the Securities and Exchange Commission. The fund now owns 413,903 shares of the utilities provider's stock, worth approximately $15.9 million.

Why it matters

CenterPoint Energy is a major electric and natural gas utility serving customers across several states. Institutional investors closely monitor changes in ownership stakes, as they can signal confidence or concerns about a company's prospects.

The details

Assenagon Asset Management increased its position in CenterPoint Energy by purchasing an additional 171,060 shares during the fourth quarter. The firm now owns approximately 0.06% of CenterPoint's outstanding shares. Several other institutional investors also made changes to their CenterPoint Energy holdings over the past year, with some increasing their stakes and others reducing exposure.

  • The filing covers the fourth quarter of 2025.

The players

Assenagon Asset Management S.A.

An investment management firm based in Germany that oversees a portfolio of assets for institutional and individual clients.

CenterPoint Energy, Inc.

A regulated electric and natural gas utility company headquartered in Houston, Texas that provides services to customers across several states.

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The takeaway

The increase in Assenagon's CenterPoint Energy holdings suggests the investment firm sees value and growth potential in the utility company, which could signal positive sentiment among other institutional investors as well.