Meridian Funds, managed by ArrowMark Partners, saw its Meridian Hedged Equity Fund gain 4.86% net in Q2 2025, outperforming the S&P 500 Index and CBOE S&P 500 Buy/Write Index. The fund’s top 5 holdings, including Vistra Corp., are detailed in their investor letter, available for download online.

Vistra Corp. (NYSE:VST) is an integrated retail electricity and power generation company highlighted in Meridian Hedged Equity Fund’s Q2 2025 letter. With a one-month return of -2.96% and a 123.94% gain over 52 weeks, Vistra Corp. stock closed at $190.08 per share on August 25, 2025, with a market cap of $64.403 billion.

Meridian Hedged Equity Fund believes Vistra Corp. (NYSE:VST) is well-positioned to benefit from increasing electricity demand due to AI data centers and electrification trends. VST operates a balanced portfolio of nuclear, natural gas, and renewable assets, earning outsized margins as demand surpasses supply, according to the fund’s analysis.

Vistra Corp. (NYSE:VST) ranks 28th among the 30 Most Popular Stocks Among Hedge Funds. While 111 hedge fund portfolios held Vistra Corp. at the end of Q2 2025, some AI stocks may offer greater upside potential and less downside risk. Investors seeking undervalued AI stocks can explore a free report on the best short-term AI stock.

Read more at Yahoo Finance: A Confluence of Positive Developments Lifted Vistra Corp. (VST) in Q2