In a new position disclosed in its latest 13F filing, Baillie Gifford has invested $118.88 million in Vistra Energy, acquiring 749.40 thousand shares. This filing reflects the firm's holdings as of June 30, 2026, and as with all 13F reports, there is a delay between the trade period and its public disclosure, so the position was established at some point during the second quarter.
Vistra Energy is an integrated power company, and during the second quarter, it reported a more than 30% year-over-year increase in Ongoing Operations Adjusted EBITDA. The company also announced the formation of Helix Digital Infrastructure with partners including KKR and NVIDIA. Vistra has been securing long-term agreements to supply power to hyperscale data centers for companies like Meta and AWS. This investment from a major growth-oriented firm like Baillie Gifford comes as analysts note the potential for increased electricity demand from data centers and electrification.