Two Creeks Capital Management, LP: TALEN ENERGY CORP (TLN): Quarterly 13F Position History
As of Q1 2026, Two Creeks Capital Management, LP reported 224,779 shares of TALEN ENERGY CORP (TLN), worth $71.8M and representing 7.6% of its 13F equity book. Quarter-over-quarter share count change: + 91,817 (+69.1%) . The position first appeared in Q1 2025 and has been disclosed across 5 13F-HR filings in Pactolio's tracked window.
- 224,779Shares Held (Latest Filing)
- $71.8MReported Market Value (Latest Filing)
- 7.6%Portfolio Weight (% of 13F Equity Book)
- +91,817Quarter-over-Quarter Share Change
- +$21.9MQuarter-over-Quarter Value Change
- 336,885Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 5 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 224,779 | +91,817 | +69.1% | $71.8M | 7.6% | $319.2 |
| Q4 2025 | 132,962 | 11,851 | -8.2% | $49.8M | 4.1% | $374.8 |
| Q3 2025 | 144,813 | 192,072 | -57.0% | $61.6M | 4.4% | $425.4 |
| Q2 2025 | 336,885 | +142,652 | +73.4% | $98.0M | 6.5% | $290.8 |
| Q1 2025 | 194,233 | — | — | $38.8M | 2.5% | $199.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Two Creeks Capital Management, LP first disclose a TLN position in 13F-HR filings?
Two Creeks Capital Management, LP first reported TALEN ENERGY CORP (TLN) on its 13F-HR filing for the period ending 2025-03-31 (Q1 2025). The position has appeared on 5 reported quarters within Pactolio's tracked window.
What was Two Creeks Capital Management, LP's most recent quarter-over-quarter share-count change in TLN?
Between Q4 2025 and Q1 2026, Two Creeks Capital Management, LP added 91,817 shares of TLN (+69.1%), bringing the total reported position to 224,779 shares at a market value of $71.8M.
Does the implied price-per-share represent Two Creeks Capital Management, LP's cost basis in TLN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.