Vestcor Significantly Increases Holdings in ServiceNow, Entergy, and Other Major US Stocks

Investment firm Vestcor Inc reported in its recent filings that it significantly increased stakes in several U.S.-listed companies, including ServiceNow, Entergy, Warner Bros. Discovery, Cboe Global Markets, and Xcel Energy. Vestcor boosted its ServiceNow position by sharply expanding its share count, while also adding to Entergy and Warner Bros. Discovery with large percentage gains. In Entergy, the filings also showed insider Haley Fisackerly selling a sizable block of shares, providing a counterpoint to Vestcor’s buying activity. Vestcor likewise increased its holding in Cboe Global Markets, alongside other funds that made smaller adjustments to their positions. For Xcel Energy, Vestcor raised its stake by about two-thirds and other major investors continued to hold large positions, though at least one outlet reported analyst caution through a downgrade to sell.
In ServiceNow, Vestcor reported owning 74,650 shares after buying an additional 61,712 shares in the 4th quarter, valuing the stake at about $11.436 million in its latest SEC filing; the same report notes 87.18% of ServiceNow stock is held by institutional investors.
For Entergy, the filings also specified insider Haley Fisackerly sold 10,638 shares at an average price of $110.00 on Wednesday, June 3, for about $1.170 million total, after which she held 14,182 shares (about $1.56 million), reflecting a 42.86% position decrease—contrasting with Vestcor’s own 36.6% stake increase to 78,692 shares (adding 21,100).
Warner Bros. Discovery trading context included in the same coverage: the stock opened at $26.24, with a 12-month range of $9.11 to $30.00, a market cap of about $65.79 billion, and a beta of 1.54 (the article also lists liquidity ratios around 0.73 for quick and current).
Cboe Global Markets coverage put additional valuation/market metrics around Vestcor’s increase: the stock opened at $281.91 and the firm’s market cap was about $29.90 billion; the article lists a P/E ratio of 145.32 and beta of 0.61, while Vestcor held 28,626 shares after adding 7,753 (stake value about $7.185 million).
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