Talen Energy Corp

TLN

Exchange: Nasdaq
Industry: Electric Services
SEC CIK: 0001622536

SEC filings (opens in a new tab)

No open-market purchases or sales by Talen Energy Corp insiders were filed in the last 90 days; 651 institutions reported holding it in 13F filings for Q2 2026, worth $18.5B in total; superinvestors Oaktree Capital and Soros Fund Management hold it.

Key figures

Market capClose on Nov 10, 2026: $15.7B
Insider buysOpen market, last 90 days: 0
Insider sellsOpen market, last 90 days: 0
13F holdersQ2 2026, +73 vs. previous quarter: 651
13F valueReported value at the end of Q2 2026: $18.5B
Superinvestors holdingAt the end of Q2 2026: 2

Price chart

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Financials

See financial statements

From SEC filings, in USD.

Revenue, FY2025: $2.58B; +22.0% year over year
Net income, FY2025: -$219.0M; −121.6% year over year
Free cash flow, FY2025: $606.0M; +254.4% year over year
Revenue, Q3 FY2026: $1.33B; +63.4% year over year

Revenue flow, FY2025

Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.

Net loss for FY2025: $219.0M (8.5% of revenue).

Short interest

See short data

From FINRA, settlement date Oct 15, 2026.

Short interest: 4.21M; Shares sold short
Change: +1.71M; +68.2% vs. previous
Days to cover: 3.08; At average daily volume

Superinvestors holding TLN, Q2 2026

Go to the superinvestors tab

2 superinvestors report holding Talen Energy Corp on Form 13F. Percentages are the stock's share of each portfolio.

Oaktree Capital

Howard Marks

2.4%

Talen Energy Corp's share of the portfolio

Shares: 331,117
Value: $127.2M

Soros Fund Management

George Soros

<0.1%

Talen Energy Corp's share of the portfolio

Shares: 1,833
Value: $704.3K

Latest insider trades

See all insider trades

Open-market purchases and sales by Talen Energy Corp insiders from Form 4, newest first.

Insider trades
Filed (ET)	Trade date	Filing delay	Insider	Transaction	Shares	Avg price	Value	Holding change	Flags
Jun 17, 2026 (view filing)	Jun 15	2 days	Abbas Gizman IDirector	SSale	−2.60K	$380.00	−$988.0K	−49.9%2.61K after
Jun 27, 2025 (view filing)6:45 PM ET	Jun 25	2 days	Rubric Capital Management LP and 1 other10% Owner	SSaleCommon Stock, par value $0.001 per share ("Common Stock")	−44.3K	$288.55	−$12.8M	−0.7%6.08M after
Jun 27, 2025 (view filing)6:45 PM ET	Jun 25-27	2 days	Rubric Capital Management LP and 1 other10% Owner	SSale	−344.2K	$294.31	−$101.3M	−5.7%5.73M after	20 lots
Mar 10, 2025 (view filing)	Mar 6	4 days	Horton Anthony RDirector	PPurchase	+1.00K	$190.59	+$190.6K	New position1.00K after	3 lots
Dec 16, 2024 (view filing)4:00 PM ET	Dec 13	3 days	Rubric Capital Management LP and 1 other10% Owner	SSaleCommon Stock, par value $0.001 per share ("Common Stock")	−4.89M	$204.35	−$1.00B	−43.0%6.48M after

Top 10 13F holders, Q2 2026

See all 651 holders

The largest institutional positions in Talen Energy Corp at the end of Q2 2026; share changes are against Q1 2026.

Institutions holding TLN in Q2 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
BlackRock, Inc.	4,355,914	$1.67B	0.02%	+265,417+6.5%	Added
Rubric Capital Management LP	3,602,171	$1.38B	12.70%	00.0%	Unchanged
MFN Partners Management, LP	3,000,000	$1.15B	23.85%	00.0%	Unchanged
ECP ControlCo, LLC	2,399,998	$922.2M	19.75%	+2,399,998	New
Vanguard Portfolio Management LLC	2,166,978	$832.7M	0.04%	+70,779+3.4%	Added
Vanguard Capital Management LLC	2,053,489	$789.1M	0.02%	+7,124+0.3%	Added
Fred Alger Management, LLC	1,546,473	$594.2M	1.98%	+360,520+30.4%	Added
Reaves W H & Co Inc	1,476,664	$567.4M	8.61%	−34,033−2.3%	Reduced
State Street Corp	1,379,899	$530.2M	0.02%	+36,884+2.7%	Added
Sachem Head Capital Management LP	1,370,000	$526.4M	10.92%	−177,500−11.5%	Reduced

Holders of 5% or more of TLN

See all 4 holders and filings

Holders whose latest Schedule 13D or 13G filing reports 5% or more of Talen Energy Corp.

Largest holders of TLN from 13D and 13G filings
Holder	Latest form	Stake	Change	First filed	Latest filing	Filing
BlackRock, Inc.	13G	8.60%3.91M shares	New	Oct 17, 20251 filing	Oct 17, 2025	SEC
Rubric Capital Management LP	13G/A	7.88%3.60M shares	−2.02 ppfrom 9.90%	Nov 13, 20244 filings	Nov 14, 2025	SEC
Vanguard Capital Management LLC	13G	5.25%2.38M shares	New	Apr 30, 20261 filing	Apr 30, 2026	SEC
ECP ControlCo, LLC	13G	5.01%2.40M shares	New	Jun 23, 20261 filing	Jun 23, 2026	SEC