GE Vernova draws fresh commitments from three managers on the power-buildout theme strong (2026-W34)
Coatue nearly doubled its GE Vernova stake this quarter, from 1.32M to 2.49M shares (+89%), while two new entrants opened fresh positions: Fundsmith ($481.5M, 409,835 shares) and Tiger Global ($937.0M, 797,511 shares). GE Vernova sits in the power-generation and grid-equipment layer that AI data-centre buildout depends on, and three independent allocators adding or opening positions in the same quarter reads as a bet on that buildout continuing.