GE Vernova Stock Surge Fuels Returns for Funds, Fidelity Manager Matt Fruhan Among Biggest Holders.

GE Vernova stock has surged 87% in 2025, fueled by growing electricity demand from AI technologies. Top-performing Fidelity fund manager Matt Fruhan carries heavy weightings in GE Vernova across various portfolios. The largest weighting in GE Vernova stock is in the IPO-focused First Trust US Equity Opportunities ETF. Fund manager Tom Marsico's strategies also rank among those with the biggest bets on GE Vernova stock.

GE Vernova Inc. (GEV) has experienced a remarkable surge in its stock price in 2025, rising by 87%. This significant appreciation is largely attributed to the growing electricity demand from artificial intelligence (AI) technologies. The company, which manufactures and services power generation and distribution equipment, has seen its fortunes closely tied to the resurgence in demand for electrical power.

Since its spinoff from General Electric (GE) in April 2024, GE Vernova has become a supercharged stock, gaining 333% in total. The stock's performance in 2025 alone has been particularly impressive, with an 87% increase. This growth is reflected in the broader market indices, where the Morningstar US Market Index has risen by 25.0% since the spinoff, and by 10.7% in 2025.

Key factors contributing to GE Vernova's stock performance include its role as the US leader in turbines used for gas power plants and its provision of critical grid equipment such as transformers and switchgear. The company's strategic positioning in these areas has made it a prime beneficiary of rising electricity demand, especially from AI technologies.

Investors have taken notice of GE Vernova's potential. Top-performing Fidelity fund manager Matt Fruhan carries heavy weightings in GE Vernova across various portfolios. The largest weighting in GE Vernova stock is in the IPO-focused First Trust US Equity Opportunities ETF, which has 10.5% of its assets in the stock. This fund, which tracks 100 of the largest companies that have recently gone public, has seen GE Vernova contribute significantly to its returns, with the stock being its second-largest contributor after data firm Palantir PLTR.

Fund manager Tom Marsico's strategies also rank among those with the biggest bets on GE Vernova stock. His $571 million Marsico Midcap Growth Focus Fund MIDFX holds a 5.1% weighting in the stock, reflecting the fund's confidence in GE Vernova's growth prospects.

GE Vernova's strong financials and positive analyst sentiment have further bolstered its stock performance. The company reported a robust Q2 2025 earnings result, with an earnings per share (EPS) of $1.86, exceeding analysts' expectations. This quarterly earnings beat, along with a 11.1% year-over-year revenue growth to $9.11 billion, has driven investor confidence and contributed to the stock's recent performance.

Moreover, GE Vernova's strategic partnerships and advancements in AI-integrated technologies have positioned it as a leader in the AI revolution. The company's GridOS platform enables real-time management of renewable energy while supporting AI's energy demands. Its Autonomous Tuning technology has also shown promise in reducing CO2 emissions by 0.5-1% while improving fuel efficiency.

In conclusion, GE Vernova's stock performance in 2025 is a testament to its strategic positioning in the growing AI and electricity markets. The company's robust financials, analyst upgrades, and institutional investor interest have all contributed to its stock appreciation. As AI technologies continue to drive electricity demand, GE Vernova is well-positioned to capitalize on this trend.

References:
[1] https://www.ainvest.com/news/ge-vernova-shares-surge-50-jim-cramer-bullish-comments-2508/
[2] https://www.ainvest.com/news/ge-vernova-poised-growth-ai-revolution-analyst-perspective-2508/
[3] https://www.morningstar.com/stocks/with-ge-vernova-stock-up-87-2025-which-funds-are-biggest-holders