Who owns TVA
Which tracked institutional funds hold TVA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TVA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
10 tracked funds added or opened TVA while 7 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TVA’s largest tracked holder by dollar value, Anson Funds Management LP, sizes it at 2.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 2.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TVA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 55 tracked filers holding TVA, 20 increased or opened the position and 13 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TVA between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- K2 PRINCIPAL FUND, L.P.$1M
- BOOTHBAY FUND MANAGEMENT, LLC$794K
Full exits 6
- TENOR CAPITAL MANAGEMENT Co., L.P.$15M
- Harraden Circle Investments, LLC$10M
- METEORA CAPITAL, LLC$8M
- First Trust Capital Management L.P.$7M
- Waratah Capital Advisors Ltd.$2M
- GLAZER CAPITAL, LLC$2M
Largest adds
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$4M
- TORONTO DOMINION BANK$2M
- Governors Lane LP$946K
- LINCOLN CAPITAL CORP$762K
- StoneX Group Inc.$353K
- Anson Funds Management LP$352K
Largest trims
- JPMORGAN CHASE & CO$7M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Anson Funds Management LP | 2,199,942 | $23M | 9.4% | 2026-Q2 |
| Magnetar Financial LLC | 1,400,000 | $15M | 6.0% | 2026-Q2 |
| J. Goldman & Co LP | 1,159,591 | $12M | 4.9% | 2026-Q2 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 1,090,756 | $11M | 4.6% | 2026-Q2 |
| Yorkville Advisors Global, LP | 1,050,000 | $11M | 4.5% | 2026-Q2 |
| Linden Advisors LP | 963,956 | $10M | 4.1% | 2026-Q2 |
| AQR Arbitrage LLC added | 960,142 | $10M | 4.1% | 2026-Q2 |
| LMR Partners LLP | 900,000 | $9M | 3.8% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP | 725,000 | $8M | 3.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 681,000 | $7M | 2.9% | 2026-Q2 |
| Governors Lane LP added | 529,000 | $6M | 2.3% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. | 400,000 | $4M | 1.7% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 375,000 | $4M | 1.6% | 2026-Q2 |
| Verition Fund Management LLC added | 349,504 | $4M | 1.5% | 2026-Q2 |
| Mercuria Capital Strategies, LLC | 347,500 | $4M | 1.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC | 329,398 | $3M | 1.4% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC | 305,900 | $3M | 1.3% | 2026-Q2 |
| TORONTO DOMINION BANK added | 300,100 | $3M | 1.3% | 2026-Q2 |
| Radcliffe Capital Management, L.P. trimmed | 300,000 | $3M | 1.3% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT | 249,995 | $3M | 1.1% | 2026-Q2 |
| Periscope Capital Inc. | 205,000 | $2M | 0.9% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP | 200,000 | $2M | 0.9% | 2026-Q2 |
| DLD Asset Management, LP added | 199,163 | $2M | 0.8% | 2026-Q2 |
| BTG Pactual Asset Management US LLC | 186,531 | $2M | 0.8% | 2026-Q2 |
| Westchester Capital Management, LLC | 136,832 | $1M | 0.6% | 2026-Q2 |
| LINCOLN CAPITAL CORP added | 121,500 | $1M | 0.5% | 2026-Q2 |
| RLH Capital LLC | 110,235 | $1M | 0.5% | 2026-Q2 |
| Shaolin Capital Management LLC added | 109,709 | $1M | 0.5% | 2026-Q2 |
| Massar Capital Management, LP added | 108,648 | $1M | 0.5% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. new | 101,251 | $1M | 0.4% | 2026-Q2 |
| Jain Global LLC | 100,000 | $1M | 0.4% | 2026-Q2 |
| StoneX Group Inc. added | 85,228 | $897K | 0.4% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 75,226 | $794K | 0.3% | 2026-Q2 |
| Context Capital Management, LLC | 70,000 | $738K | 0.3% | 2026-Q2 |
| BERKLEY W R CORP | 64,694 | $683K | 0.3% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 50,000 | $528K | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 49,899 | $526K | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 41,926 | $442K | 0.2% | 2026-Q2 |
| Hudson Bay Capital Management LP | 36,716 | $387K | 0.2% | 2026-Q2 |
| Quarry LP | 30,245 | $319K | 0.1% | 2026-Q2 |
| MIZUHO SECURITIES USA LLC | 30,010 | $309K | 0.1% | 2026-Q2 |
| HEIGHTS CAPITAL MANAGEMENT, INC | 25,900 | $273K | 0.1% | 2026-Q2 |
| Capital Asset Advisory Services LLC new | 25,421 | $268K | 0.1% | 2026-Q2 |
| Polar Asset Management Partners Inc. trimmed | 23,990 | $253K | 0.1% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC new | 19,250 | $203K | 0.1% | 2026-Q2 |
| Clear Street Group Inc. trimmed | 18,946 | $200K | 0.1% | 2026-Q2 |
| Bulldog Investors, LLP new | 17,500 | $184K | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 15,800 | $167K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 12,099 | $128K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 11,754 | $124K | 0.1% | 2026-Q2 |
| HGC Investment Management Inc. | 3,925 | $41K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 3,277 | $35K | 0.0% | 2026-Q2 |
| UBS Group AG added | 2,003 | $21K | 0.0% | 2026-Q2 |
| Dauntless Investment Group, LLC trimmed | 805 | $8K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 52 | $549 | 0.0% | 2026-Q2 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 1,396,956 | $15M | 5.9% | 2026-Q1 stale (1 quarter behind) |
| Harraden Circle Investments, LLC trimmed | 985,000 | $10M | 4.1% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC new | 723,878 | $8M | 3.0% | 2026-Q1 stale (1 quarter behind) |
| First Trust Capital Management L.P. trimmed | 644,953 | $7M | 2.7% | 2026-Q1 stale (1 quarter behind) |
| Waratah Capital Advisors Ltd. trimmed | 151,804 | $2M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC added | 145,100 | $2M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Shay Capital LLC trimmed | 25,001 | $260K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Praetorian PR LLC new | 195,000 | $2M | 0.8% | 2025-Q4 stale (2 quarters behind) |
| FIFTH LANE CAPITAL, LP new | 89,427 | $952K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| WEXFORD CAPITAL LP new | 47,000 | $501K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Murchinson Ltd. new | 25,000 | $266K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Marex Group plc new | 12,500 | $133K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Karpus Management, Inc. trimmed | 1,471,700 | $16M | 6.4% | 2025-Q3 stale (3 quarters behind) |
| ExodusPoint Capital Management, LP new | 250,000 | $3M | 1.1% | 2025-Q3 stale (3 quarters behind) |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 241,315 | $3M | 1.0% | 2025-Q3 stale (3 quarters behind) |
| ATW SPAC MANAGEMENT LLC new | 65,000 | $696K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| CLEAR STREET LLC new | 80,593 | $813K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Virtu Financial LLC new | 10,385 | $105K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Warberg Asset Management LLC new | 10,000 | $101K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.