Form 13-F position report

TXNM ENERGY, INC. COMMON STOCK

Reported by BCK Capital Management LP

Company profile Manager portfolio Source filing
PNM CUSIP 69349H107 Manager CIK 0001819275
Latest reported change

Reported 43,043 shares, up 5,934 (16.0%) from the prior quarter.

Reported value 16.5%; share count 16.0% vs. the prior quarter.

Added
% of reported 13F value 2.59% This manager · Q3 2025
Shares 43,043 Quarter-end amount reported
Reported value $2,434,082 Fair value at quarter end
Consecutive quarters held 2 Through Q3 2025

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Manager history

Quarterly position history

How this manager's reported quarter-end position changed over time.

18 quarters
Quarter Activity Shares Change % of reported 13F Reported value Filed
Q4 2025 Reduced 0 -43,043 (-100.0%) 0 $0 2026-02-11
Q3 2025 Added 43,043 +5,934 (16.0%) 2.59% $2,434,082 2025-11-10
Q2 2025 New 37,109 +37,109 (0.0%) 1.8% $2,089,979 2025-08-07
Q4 2024 Reduced 0 -55,701 (-100.0%) 0 $0 2025-02-18
Q3 2024 Reduced 55,701 -74,270 (-57.1%) 1.46% $2,438,033 2024-11-07
Q2 2024 Unchanged 129,971 0 (0.0%) 3.1% $4,803,728 2024-08-08
Q1 2024 Added 129,971 +92,838 (250.0%) 3.32% $4,892,108 2024-05-08
Q4 2023 Reduced 37,133 -167,103 (-81.8%) 1.52% $1,544,733 2024-02-06
Q3 2023 Added 204,236 +37,134 (22.2%) 4.64% $9,110,968 2023-11-08
Q2 2023 Unchanged 167,102 0 (0.0%) 5.75% $7,536,300 2023-08-11
Q1 2023 Added 167,102 +31,372 (23.1%) 7.07% $8,134,525 2023-05-12
Q4 2022 Added 135,730 +9,049 (7.1%) 6.81% $6,622,267 2023-02-09
Q3 2022 Added 126,681 +72,389 (133.3%) 4.16% $5,793,000 2022-11-08
Q2 2022 Reduced 54,292 -33,270 (-38.0%) 2.01% $2,594,000 2022-08-08
Q1 2022 Added 87,562 +53,733 (158.8%) 2.5% $4,174,000 2022-05-05
Q4 2021 New 33,829 +33,829 (0.0%) 1.04% $1,543,000 2022-02-07
Q3 2021 Reduced 0 -41,000 (-100.0%) 0 $0 2021-11-09
Q2 2021 New 41,000 +41,000 (0.0%) 1.0% $2,000,000 2021-07-20
Five years are shown. A free account unlocks the complete reported history. Unlock full history
Institutional context

Who else reported the position

403 managers reported TXNM ENERGY, INC. COMMON STOCK for Q3 2025.

Manager Activity Shares Change % of reported 13F Reported value Tenure
BlackRock Inc Added 12,664,143 +210,247 0.01% $716,157,312 5 qtrs
VANGUARD GROUP INC Added 11,568,926 +1,598,954 < 0.01% $654,222,766 50 qtrs
Blackstone Inc Unchanged 8,000,000 0 1.81% $452,400,000 2 qtrs
Balyasny Asset Management LLC Added 4,042,301 +3,133,794 0.29% $228,592,122 16 qtrs
STATE STREET CORPORATION Added 3,668,197 +86,273 < 0.01% $207,436,540 50 qtrs
Zimmer Partners LP Reduced 3,389,018 -225,985 4.14% $191,648,968 8 qtrs
REAVES W H & CO INC Reduced 2,551,398 -20,282 2.57% $144,281,557 10 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 2,409,409 +134,085 < 0.01% $136,277,639 50 qtrs
D E Shaw & Co Inc Added 1,747,985 +1,465,229 0.06% $98,848,552 2 qtrs
MILLENNIUM MANAGEMENT LLC Added 1,701,836 +1,322,143 0.04% $96,238,826 50 qtrs
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Filing details and methodology As reported
Report period
September 30, 2025
Filed
November 10, 2025
Filing type
13F-HR
Position type
COM

Voting authority reported

Sole
43,043
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.