MWHNasdaqHeavy Construction Other Than Bldg Const - ContractorsFiscal year ends December 31
SOLV Energy, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$23.85−0.11 (-0.46%)
Close on Oct 19, 2026
- Market cap
- $4.81B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
64.2%
130M of 202M shares
Institutional holders
178
89 new, 23 sold out
Net institutional buying
10M
In Q2 2026
Insider trades, 12 months
0 buys · 7 sales
Net bought $0
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| American Securities LLC | 157,821,741 | 79.40% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MWH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| American Securities LLC | 82,920,401 | 40.97% | $2.82B | −8,853,170 | 75.21% |
| BlackRock, Inc. | 2,772,967 | 1.37% | $94.42M | +2,126,024 | 0.00% |
| Robeco Schweiz AG | 2,641,405 | 1.31% | $89.94M | +1,636,501 | 1.44% |
| Driehaus Capital Management LLC | 2,378,054 | 1.18% | $80.97M | +1,107,548 | 0.47% |
| Fred Alger Management, LLC | 2,272,871 | 1.12% | $77.39M | New | 0.26% |
| Vanguard Capital Management LLC | 1,617,598 | 0.80% | $55.08M | +650,258 | 0.00% |
| Vanguard Portfolio Management LLC | 1,520,337 | 0.75% | $51.77M | +685,454 | 0.00% |
| Balyasny Asset Management L.P. | 1,472,078 | 0.73% | $50.12M | +874,927 | 0.06% |
| Handelsbanken Fonder AB | 1,299,329 | 0.64% | $44.24K | +199,890 | 0.13% |
| Jennison Associates LLC | 1,168,757 | 0.58% | $39.80M | +303,934 | 0.02% |
| Two Sigma Investments, LP | 1,035,722 | 0.51% | $35.27M | +780,778 | 0.03% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 996,354 | 0.49% | $33.93M | +616,380 | 0.03% |
| JPMorgan Chase & Co | 923,813 | 0.46% | $32.71M | New | 0.00% |
| Aventail Capital Group, LP | 853,960 | 0.42% | $29.08M | +360,980 | 1.67% |
| Scopus Asset Management, L.P. | 801,011 | 0.40% | $27.27M | +261,966 | 0.38% |
| UBS Group AG | 767,550 | 0.38% | $26.14M | +482,693 | 0.00% |
| Yaupon Capital Management LP | 750,000 | 0.37% | $25.54M | +25,000 | 0.50% |
| Electron Capital Partners, LLC | 749,386 | 0.37% | $25.52M | +28,088 | 1.02% |
| Geode Capital Management, LLC | 737,119 | 0.36% | $25.11M | +412,486 | 0.00% |
| Franklin Resources Inc | 715,343 | 0.35% | $24.36M | +133,830 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 178 | 130M | 64.2% | 89 / 62 | 24 / 23 | 27M | 16M |
| Q1 2026 | 112 | 119M | 59.0% | 112 / 0 | 0 / 0 | 119M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MWH | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,171,182 | 0.58% | $39.88M | 0.00% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 843,525 | 0.42% | $28.72M | 0.02% | Jun 30, 2026 |
| Alger Spectra Fund | 780,344 | 0.39% | $22.19M | 0.51% | Jul 31, 2026 |
| Bridge Builder Small/Mid Cap Growth Fund | 744,305 | 0.37% | $25.34M | 0.23% | Jun 30, 2026 |
| PGIM Jennison Utility Fund | 654,334 | 0.32% | $23.25M | 0.70% | May 29, 2026 |
| Franklin Small Cap Growth Fund | 614,622 | 0.30% | $17.47M | 0.71% | Jul 31, 2026 |
| Federated Hermes Kaufmann Small Cap Fund | 574,500 | 0.28% | $16.33M | 0.57% | Jul 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 483,941 | 0.24% | $16.48M | 0.04% | Jun 30, 2026 |
| JPMorgan Small Cap Growth Fund | 424,387 | 0.21% | $14.45M | 0.55% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 408,527 | 0.20% | $13.91M | 0.01% | Jun 30, 2026 |
| Driehaus Small Cap Growth Fund | 360,589 | 0.18% | $12.28M | 0.76% | Jun 30, 2026 |
| Alger Capital Appreciation Institutional Fund | 336,207 | 0.17% | $9.56M | 0.28% | Jul 31, 2026 |
| BBH Select Mid Cap ETF | 315,365 | 0.16% | $8.97M | 2.01% | Jul 31, 2026 |
| DWS Small Cap Core Fund | 244,865 | 0.12% | $8.34M | 0.72% | Jun 30, 2026 |
| Alger Capital Appreciation Fund | 243,052 | 0.12% | $6.91M | 0.25% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| George William Hershman | Chief Executive Officer, Director | 200 | 0.00% | Aug 21, 2026 |
| Adam S. Forman | CLO & Secretary | – | – | Aug 21, 2026 |
| Eric John Valleton | Chief Technology Officer | 200 | 0.00% | Aug 21, 2026 |
| Kevin J. Deters | Chief Operating Officer | 200 | 0.00% | Aug 21, 2026 |
| David Harold Grubb Jr. | Chief Commercial Officer | 200 | 0.00% | Aug 21, 2026 |
| Helena Elisabeth Kimball | Chief Revenue Officer | 200 | 0.00% | Aug 21, 2026 |
| Ronald B. Stark | EVP and CAO | 200 | 0.00% | Aug 21, 2026 |
| Brandi Michelle Pearson | Chief People Officer | 200 | 0.00% | Aug 21, 2026 |
| Chad Plotkin | Chief Financial Officer | 200 | 0.00% | Aug 21, 2026 |
| Erik Theodore Johnson | Chief Strategy Officer | 200 | 0.00% | Feb 11, 2026 |
| Steven J. Lerner | Director | 1,776 | 0.00% | Aug 28, 2026 |
| Nancy Stefanowicz | Director | 1,776 | 0.00% | Aug 28, 2026 |
| J. Adam Abram | Director | 1,776 | 0.00% | Aug 28, 2026 |
| Daniel P. McQuade | Director | 1,776 | 0.00% | Aug 28, 2026 |
| Laura Ellen Stern | Director | 1,776 | 0.00% | Aug 28, 2026 |
| William C. Jackson | Director | 1,776 | 0.00% | Aug 28, 2026 |
| Michael E. Sand | Director | – | – | Feb 11, 2026 |
| Kevin S. Penn | Director | – | – | Feb 11, 2026 |
| David Isaac Portnoy | Director | – | – | Feb 11, 2026 |
| VIII CSE Holdings LP ASP | 10% owner | 91,773,571 | 45.35% | Aug 21, 2026 |
| ASP VIII Alternative Investments, L.P. | 10% owner | – | – | Aug 21, 2026 |
| AS/ASP VIII Co-Investor, LLC | 10% owner | – | – | Aug 21, 2026 |
| American Securities Partners VIII(B), L.P. | 10% owner | – | – | Aug 21, 2026 |
| Energy Management Holdings LP SOLV | 10% owner | 1,329,803 | 0.66% | Aug 21, 2026 |
| SOLV Aggregator LP ASP | 10% owner | – | – | Aug 21, 2026 |
| Endeavor Investco LP ASP | 10% owner | 82,920,401 | 40.97% | Aug 21, 2026 |
| American Securities Associates VIII, LLC | 10% owner | – | – | Aug 21, 2026 |
| Securities Llc American | 10% owner | 85,989,594 | 42.49% | Aug 21, 2026 |
| Manager Corp. ASP | 10% owner | – | – | Aug 21, 2026 |
| VIII Alternative Investments Solstice LP ASP | 10% owner | 91,773,571 | 45.35% | Aug 21, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| William C. Jackson Director | Aug 27, 2026 | Award | +1,776 | – | – | 1,776 |
| Laura Ellen Stern Director | Aug 27, 2026 | Award | +1,776 | – | – | 1,776 |
| Daniel P. McQuade Director | Aug 27, 2026 | Award | +1,776 | – | – | 1,776 |
| J. Adam Abram Director | Aug 27, 2026 | Award | +1,776 | – | – | 1,776 |
| Nancy Stefanowicz Director | Aug 27, 2026 | Award | +1,776 | – | – | 1,776 |
| Steven J. Lerner Director | Aug 27, 2026 | Award | +1,776 | – | – | 1,776 |
| VIII SOLV Holdings LP ASP 10% owner | Aug 19, 2026 | Conversion | +3,069,193 | – | – | 85,989,594 |
| VIII SOLV Holdings LP ASP 10% owner | Aug 19, 2026 | Sale | −7,939,153 | – | – | 78,050,441 |
| Energy Management Holdings LP SOLV 10% owner | Aug 19, 2026 | Conversion | +1,329,803 | – | – | 1,329,803 |
| Energy Management Holdings LP SOLV 10% owner | Aug 19, 2026 | Sale | −1,329,803 | – | – | 0 |
| Securities Llc American 10% owner | Aug 19, 2026 | Conversion | +3,069,193 | – | – | 85,989,594 |
| Securities Llc American 10% owner | Aug 19, 2026 | Sale | −7,939,153 | – | – | 78,050,441 |
| Endeavor Investco LP ASP 10% owner | Jun 4, 2026 | Sale | −1,154,760 | – | – | 82,920,401 |
| Securities Llc American 10% owner | Jun 4, 2026 | Sale | −1,154,760 | – | – | 82,920,401 |
| Securities Llc American 10% owner | Jun 1, 2026 | Sale | −7,698,410 | – | – | 84,075,161 |
| Securities Llc American 10% owner | Jun 1, 2026 | Sale | −7,698,410 | – | – | 84,075,161 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| ASP VIII Alternative Investments Solstice, L.P. 10% Stockholder | Aug 19, 2026 | 4,859,347 | $134.94M | Aug 19, 2026 | Shares of Class A common stock were acquired prior to the Issuer's IPO. |
| SOLV Aggregator LP ASP 10% Stockholder | Aug 19, 2026 | 2,281,394 | $63.35M | Aug 19, 2026 | Shares of Class A common stock were acquired prior to the Issuer's IPO. |
| Energy Management Holdings LP SOLV 10% Stockholder | Aug 19, 2026 | 1,329,803 | $36.93M | Aug 19, 2026 | Common units of SOLV Energy Holdings LLC were acquired prior to the Issuer's IPO. Shares of Class A common stock of the Issuer were issued on a one-for-one basis in exchange for these common units. |
| Endeavor Investco LP ASP 10% Stockholder | Aug 19, 2026 | 798,412 | $22.17M | Aug 19, 2026 | Shares of Class A common stock were acquired prior to the Issuer's IPO. |