NRGVNYSEMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31
Energy Vault Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$2.77−0.07 (-2.46%)
Close on Oct 19, 2026
- Market cap
- $494.15M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
57.3%
104M of 182M shares
Institutional holders
174
53 new, 34 sold out
Net institutional buying
25M
In Q2 2026
Insider trades, 12 months
11 buys · 5 sales
Net sold $17.51M
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 |
|---|---|---|---|---|
| SailingStone Capital Partners LLC | 8,147,398 | 5.41% | 13G (passive) | Jul 31, 2024 |
| Robert Piconi | 23,417,827 | 13.40% | 13D (active) amendment | Oct 31, 2023 |
| SB Investment Advisers (UK) Limited | 15,535,631 | 8.90% | 13G (passive) amendment | Mar 31, 2026 |
| Craig Effron | 11,550,000 | 6.35% | 13G (passive) | Feb 27, 2026 |
| BlackRock, Inc. | 10,651,131 | 6.00% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NRGV | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Sb Investment Advisers (Uk) Ltd | 15,535,631 | 8.54% | $73.17M | – | 0.95% |
| BlackRock, Inc. | 11,179,762 | 6.15% | $52.66M | +9,019,845 | 0.00% |
| Scoggin Management LP | 6,175,000 | 3.40% | $29.08M | +675,000 | 3.11% |
| Vanguard Capital Management LLC | 6,028,597 | 3.32% | $28.39M | +867,326 | 0.00% |
| Legal & General Group Plc | 5,415,800 | 2.98% | $25.51M | +1,309,024 | 0.01% |
| State Street Corp | 5,263,990 | 2.89% | $24.79M | −544,718 | 0.00% |
| SailingStone Capital Partners LLC | 4,469,075 | 2.46% | $21.05M | +24,058 | 3.94% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3,352,554 | 1.84% | $15.10M | +519,551 | 0.02% |
| Geode Capital Management, LLC | 3,229,206 | 1.78% | $15.21M | +1,965,704 | 0.00% |
| Marshall Wace, Llp | 2,821,669 | 1.55% | $13.29M | −2,670,080 | 0.01% |
| Wasserstein Debt Opportunities Management, L.P. | 2,785,924 | 1.53% | $13.12M | New | 4.97% |
| UBS Group AG | 2,438,272 | 1.34% | $11.48M | −820,733 | 0.00% |
| Goldman Sachs Group Inc | 2,002,697 | 1.10% | $9.43M | +1,134,391 | 0.00% |
| Nomura Holdings Inc | 1,845,384 | 1.01% | $8.69M | −76,106 | 0.01% |
| Jane Street Group, LLC | 1,790,821 | 0.98% | $8.43M | New | 0.00% |
| Invesco Ltd. | 1,692,580 | 0.93% | $7.97M | −231,070 | 0.00% |
| Caption Management, LLC | 1,524,600 | 0.84% | $7.18M | +1,489,600 | 0.03% |
| J. Goldman & Co LP | 1,504,234 | 0.83% | $7.08M | New | 0.18% |
| Morgan Stanley | 1,448,158 | 0.80% | $6.82M | +251,378 | 0.00% |
| Barclays PLC | 1,402,534 | 0.77% | $6.61M | +1,002,363 | 0.00% |
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 | 174 | 104M | 57.3% | 53 / 65 | 30 / 34 | 35M | 10M |
| Q1 2026 | 157 | 79M | 43.6% | 47 / 51 | 34 / 18 | 23M | 8M |
| Q4 2025 | 129 | 66M | 36.5% | 48 / 34 | 26 / 14 | 26M | 10M |
| Q3 2025 | 95 | 51M | 28.0% | 13 / 26 | 31 / 22 | 9M | 5M |
| Q2 2025 | 104 | 47M | 26.0% | 22 / 21 | 34 / 28 | 6M | 14M |
| Q1 2025 | 112 | 55M | 30.4% | 9 / 31 | 33 / 21 | 2M | 5M |
| Q4 2024 | 125 | 58M | 31.9% | 31 / 41 | 19 / 13 | 10M | 2M |
| Q3 2024 | 107 | 50M | 27.3% | 18 / 31 | 22 / 11 | 10M | 3M |
| Q2 2024 | 101 | 49M | 26.8% | 19 / 24 | 31 / 17 | 2M | 5M |
| Q1 2024 | 99 | 51M | 27.9% | 12 / 28 | 39 / 15 | 3M | 2M |
| Q4 2023 | 103 | 50M | 27.7% | 16 / 40 | 24 / 13 | 4M | 3M |
| Q3 2023 | 101 | 50M | 27.3% | 13 / 34 | 26 / 11 | 4M | 3M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NRGV | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 4,534,800 | 2.49% | $21.36M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,587,815 | 1.97% | $16.90M | 0.02% | Jun 30, 2026 |
| Victory Global Energy Transition Fund | 2,657,126 | 1.46% | $12.52M | 2.03% | Jun 30, 2026 |
| Invesco WilderHill Clean Energy ETF | 1,591,347 | 0.88% | $4.54M | 1.08% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 1,511,792 | 0.83% | $4.31M | 0.01% | Jul 31, 2026 |
| State Street(R) SPDR(R) S&P Kensho Clean Power ETF | 1,462,346 | 0.80% | $6.89M | 2.76% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,335,603 | 0.73% | $6.29M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 1,248,680 | 0.69% | $5.88M | 0.04% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF | 1,156,889 | 0.64% | $5.45M | 0.19% | Jun 30, 2026 |
| Defiance AI & Power Infrastructure ETF | 752,163 | 0.41% | $3.80M | 0.51% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 591,108 | 0.33% | $2.99M | 0.01% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 555,801 | 0.31% | $2.81M | 0.01% | May 31, 2026 |
| iShares Micro-Cap ETF | 465,949 | 0.26% | $2.19M | 0.14% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 336,786 | 0.19% | $959.84K | 0.01% | Jul 31, 2026 |
| Master Small Cap Index Series | 259,113 | 0.14% | $1.22M | 0.02% | Jun 30, 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 |
|---|---|---|---|---|
| Robert Piconi | Chief Executive Officer, Director, 10% owner | 20,757,937 | 11.42% | Jul 2, 2026 |
| Nitin Dahiya | Chief Financial Officer | 400,000 | 0.22% | Aug 6, 2026 |
| Michael Thomas Beer | Chief Financial Officer | 1,021,806 | 0.56% | Jul 8, 2026 |
| Akshay Ladwa | Chief Operations Officer | 2,088,615 | 1.15% | Jul 2, 2026 |
| Christopher Wiese | President, Energy Vault Labs | 1,128,960 | 0.62% | Jan 23, 2026 |
| Stephanie Unwin | Director | 182,245 | 0.10% | Aug 28, 2026 |
| Dylan Hixon | Director | 1,130,657 | 0.62% | Aug 18, 2026 |
| Thomas R. Ertel | Director | 387,814 | 0.21% | Jun 1, 2026 |
| Larry Paulson | Director | 1,742,306 | 0.96% | Jun 1, 2026 |
| Mary Beth Mandanas | Director | 372,864 | 0.21% | Jun 1, 2026 |
| Theresa M. Fariello | Director | 318,217 | 0.17% | Jun 1, 2026 |
| Vision Fund (Aiv M2) L.P. Softbank | 10% owner | 18,535,631 | 10.19% | Jan 20, 2026 |
| Investment Advisers (Uk) Ltd Sb | 10% owner | 15,535,631 | 8.54% | Jan 20, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Stephanie Unwin Director | Aug 26, 2026 | Sale | −115,000 | $3.71 | $426.65K | 182,245 |
| Dylan Hixon Director | Aug 17, 2026 | Buy | +27,472 | $3.88 | $106.59K | 27,472 |
| Dylan Hixon Director | Aug 14, 2026 | Buy | +31,864 | $3.75 | $119.49K | 31,864 |
| Dylan Hixon Director | Aug 14, 2026 | Buy | +26,845 | $3.73 | $100.13K | 26,845 |
| Dylan Hixon Director | Aug 14, 2026 | Buy | +26,809 | $3.73 | $100.00K | 26,809 |
| Nitin Dahiya Chief Financial Officer | Aug 4, 2026 | Award | +400,000 | – | – | 400,000 |
| Michael Thomas Beer Chief Financial Officer | Jul 6, 2026 | Sale(10b5-1 plan) | −65,000 | $4.08 | $265.20K | 1,021,806 |
| Michael Thomas Beer Chief Financial Officer | Jul 6, 2026 | Option exercise | +50,000 | $1.17 | $58.50K | 1,086,806 |
| Michael Thomas Beer Chief Financial Officer | Jun 30, 2026 | Tax withholding | −24,139 | $4.71 | $113.69K | 1,036,806 |
| Akshay Ladwa Chief Operations Officer | Jun 30, 2026 | Tax withholding | −52,721 | $4.71 | $248.32K | 2,088,615 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Jun 30, 2026 | Tax withholding | −141,682 | $4.71 | $667.32K | 16,449,991 |
| Mary Beth Mandanas Director | May 29, 2026 | Award | +22,026 | – | – | 372,864 |
| Larry Paulson Director | May 29, 2026 | Award | +22,026 | – | – | 523,794 |
| Theresa M. Fariello Director | May 29, 2026 | Award | +19,153 | – | – | 318,217 |
| Thomas R. Ertel Director | May 29, 2026 | Award | +22,026 | – | – | 387,814 |
| Stephanie Unwin Director | May 29, 2026 | Award | +19,153 | – | – | 297,245 |
| Dylan Hixon Director | May 29, 2026 | Award | +19,153 | – | – | 117,602 |
| Michael Thomas Beer Chief Financial Officer | Apr 6, 2026 | Option exercise | +50,000 | $1.17 | $58.50K | 1,125,945 |
| Michael Thomas Beer Chief Financial Officer | Apr 6, 2026 | Sale(10b5-1 plan) | −65,000 | $3.18 | $206.70K | 1,060,945 |
| Michael Thomas Beer Chief Financial Officer | Mar 31, 2026 | Tax withholding | −28,738 | $3.30 | $94.84K | 1,075,945 |
| Akshay Ladwa Chief Operations Officer | Mar 31, 2026 | Tax withholding | −147,984 | $3.30 | $488.35K | 2,141,336 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Mar 31, 2026 | Tax withholding | −329,921 | $3.30 | $1.09M | 16,591,673 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Mar 31, 2026 | Buy | +12,500 | $3.21 | $40.13K | 16,921,594 |
| Mary Beth Mandanas Director | Mar 25, 2026 | Buy | +5,000 | $3.65 | $18.25K | 350,838 |
| Akshay Ladwa Chief Operations Officer | Mar 12, 2026 | Award | +475,000 | – | – | 2,289,320 |
| Michael Thomas Beer Chief Financial Officer | Mar 12, 2026 | Award | +150,000 | – | – | 1,104,683 |
| Akshay Ladwa Chief Operations Officer | Mar 5, 2026 | Tax withholding | −10,064 | $3.00 | $30.19K | 1,814,320 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Mar 5, 2026 | Tax withholding | −68,737 | $3.00 | $206.21K | 20,021,900 |
| Thomas R. Ertel Director | Mar 4, 2026 | Buy | +5,450 | $3.37 | $18.37K | 365,788 |
| Akshay Ladwa Chief Operations Officer | Mar 2, 2026 | Buy | +4,000 | $3.09 | $12.36K | 1,824,384 |
| Larry Paulson Director | Feb 27, 2026 | Buy | +5,000 | $3.15 | $15.75K | 501,768 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Feb 26, 2026 | Buy | +7,500 | $3.26 | $24.45K | 20,090,637 |
| Michael Thomas Beer Chief Financial Officer | Jan 30, 2026 | Award | +200,000 | – | – | 1,334,829 |
| Michael Thomas Beer Chief Financial Officer | Jan 30, 2026 | Tax withholding | −77,046 | $4.61 | $355.18K | 1,257,783 |
| Michael Thomas Beer Chief Financial Officer | Jan 30, 2026 | Award | +200,000 | – | – | 1,457,783 |
| Michael Thomas Beer Chief Financial Officer | Jan 30, 2026 | Tax withholding | −103,100 | $5.43 | $559.83K | 1,354,683 |
| Christopher Wiese President, Energy Vault Labs | Jan 22, 2026 | Tax withholding | −6,808 | $4.61 | $31.38K | 1,128,960 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Jan 22, 2026 | Tax withholding | −91,374 | $4.61 | $421.23K | 20,083,137 |
| Akshay Ladwa Chief Operations Officer | Jan 22, 2026 | Tax withholding | −15,711 | $4.61 | $72.43K | 1,820,384 |
| Michael Thomas Beer Chief Financial Officer | Jan 22, 2026 | Tax withholding | −15,693 | $4.61 | $72.34K | 1,134,829 |
| Investment Advisers (Uk) Ltd Sb 10% owner | Jan 15, 2026 | Sale | −3,000,000 | $5.65 | $16.95M | 15,535,631 |
| Michael Thomas Beer Chief Financial Officer | Dec 23, 2025 | Sale | −50,000 | $4.91 | $245.50K | 1,150,522 |
| Christopher Wiese President, Energy Vault Labs | Dec 12, 2025 | Tax withholding | −8,751 | $3.44 | $30.10K | 1,135,768 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Dec 11, 2025 | Tax withholding | −8,612 | $3.44 | $29.63K | 20,188,630 |
| Akshay Ladwa Chief Operations Officer | Dec 11, 2025 | Tax withholding | −21,594 | $3.44 | $74.28K | 1,836,095 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Nov 14, 2025 | Buy | +10,000 | $3.00 | $30.00K | 20,207,242 |
| Akshay Ladwa Chief Operations Officer | Nov 13, 2025 | Tax withholding | −9,886 | $3.54 | $35.00K | 1,857,689 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Nov 13, 2025 | Tax withholding | −2,642 | $3.54 | $9.35K | 20,197,242 |
| Christopher Wiese President, Energy Vault Labs | Nov 13, 2025 | Tax withholding | −2,639 | $3.54 | $9.34K | 1,144,519 |
| Akshay Ladwa Chief Operations Officer | Oct 15, 2025 | Gift | −50,000 | – | – | 1,867,575 |
| Michael Thomas Beer Chief Financial Officer | Oct 10, 2025 | Tax withholding | −15,581 | $2.97 | $46.28K | 1,200,522 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Oct 10, 2025 | Tax withholding | −13,719 | $2.97 | $40.75K | 20,199,884 |
| Christopher Wiese President, Energy Vault Labs | Oct 10, 2025 | Tax withholding | −5,591 | $2.97 | $16.61K | 1,147,158 |
| Akshay Ladwa Chief Operations Officer | Oct 10, 2025 | Tax withholding | −17,007 | $2.97 | $50.51K | 1,917,575 |
| Akshay Ladwa Chief Operations Officer | Sep 25, 2025 | Sale(10b5-1 plan) | −75,000 | $3.11 | $233.25K | 1,934,582 |
| Akshay Ladwa Chief Operations Officer | Sep 24, 2025 | Sale(10b5-1 plan) | −75,000 | $2.98 | $223.50K | 2,009,582 |
| Akshay Ladwa Chief Operations Officer | Sep 23, 2025 | Sale(10b5-1 plan) | −75,000 | $3.24 | $243.00K | 2,084,582 |
| Robert Piconi Chief Executive Officer, Director, 10% owner | Sep 22, 2025 | Tax withholding | −10,400 | $2.02 | $21.01K | 20,199,884 |
| Christopher Wiese President, Energy Vault Labs | Sep 22, 2025 | Tax withholding | −8,750 | $2.02 | $17.68K | 1,152,749 |
| Akshay Ladwa Chief Operations Officer | Sep 22, 2025 | Tax withholding | −13,250 | $2.02 | $26.77K | 2,159,582 |
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 |
|---|---|---|---|---|---|
| Michael Thomas Beer Former Officer | Sep 4, 2026 | 50,000 | $189.48K | Sep 4, 2026 | Restricted Stock Vesting |
| Stephanie Unwin Director | Aug 26, 2026 | 115,000 | $426.98K | Aug 26, 2026 | Restricted Stock Vesting |
| Michael Thomas Beer Officer | Jul 6, 2026 | 65,000 | $265.20K | Jul 6, 2026 | Restricted Stock Vesting |
| Michael Thomas Beer Officer | Apr 6, 2026 | 65,000 | $206.70K | Apr 6, 2026 | Restricted Stock Vesting |
| Vision Fund (AIV M2) L.P. SoftBank 10% Stockholder | Jan 15, 2026 | 3,000,000 | $18.09M | Jan 15, 2026 | Acquired upon the automatic conversion of preferred stock immediately prior to the consummation of the Issuer's business combination. The preferred stock was acquired and fully paid for in multiple tr |
| Michael Thomas Beer Officer | Dec 23, 2025 | 50,000 | $230.00K | Dec 23, 2025 | Restricted Stock Vesting |
| Akshay Ladwa Officer | Sep 25, 2025 | 75,000 | $233.03K | Sep 25, 2025 | Restricted Stock Vesting |
| Akshay Ladwa Officer | Sep 24, 2025 | 75,000 | $223.23K | Sep 24, 2025 | Restricted Stock Vesting |
| Akshay Ladwa Officer | Sep 23, 2025 | 75,000 | $242.63K | Sep 23, 2025 | Restricted Stock Vesting |
| Akshay Ladwa Officer | Sep 22, 2025 | 75,000 | $228.27K | Sep 22, 2025 | Restricted Stock Vesting |
| Michael Thomas Beer Officer | Sep 12, 2025 | 50,000 | $108.26K | Sep 12, 2025 | Restricted Stock Vesting |
| Akshay Ladwa Officer | Jul 18, 2025 | 15,046 | $12.19K | Jul 18, 2025 | Restricted Stock Vesting |
| Robert Piconi Officer, Director | Jul 18, 2025 | 12,135 | $9.84K | Jul 18, 2025 | Restricted Stock Vesting |
| Christopher Wiese Officer | Jul 18, 2025 | 4,946 | $4.01K | Jul 18, 2025 | Restricted Stock Vesting |
| Michael Thomas Beer Officer | Jul 18, 2025 | 33,897 | $27.47K | Jul 18, 2025 | Restricted Stock Vesting |