Evergy Gains Strong Backing from Institutional Investors

2 min read | October 17, 2024 03:45 PM PDT | By Team Kalkine Media

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Evergy Sees Increased Interest from Teilinger Capital

Hedge Funds Boost Their Positions in Evergy

Institutional Investors Show Strong Support for Evergy

Teilinger Capital Ltd. significantly increased its investment in Evergy, Inc. (NYSE:EVRG) during the third quarter, as highlighted by the company's latest filing with the SEC. The fund now holds a notable position in the energy company, marking Evergy as one of its largest holdings. This increased investment comes after the purchase of additional shares, positioning Evergy as a key player in Teilinger Capital's portfolio.

Other investment firms have also shown confidence in Evergy. Probity Advisors Inc. expanded its stake during the same period, adding more shares to its existing holdings. LaFleur & Godfrey LLC also saw an increase in its Evergy investment, further solidifying the company’s presence among hedge funds. Creative Planning made a modest boost to its holdings, while Exchange Traded Concepts LLC saw a significant rise in its stake, more than doubling its previous investment.

Stolper Co is another new addition to the list of investors that have recently acquired a stake in Evergy. The growing interest from hedge funds and institutional investors is evident, with the company receiving substantial support from this sector.

Currently, institutional investors collectively hold a large percentage of Evergy’s overall shares, underscoring the strong backing the company enjoys from key market players.

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