Question 1

How many shares of TXNM does HBK INVESTMENTS L P own?

Accepted Answer

As of 2026-Q2, HBK INVESTMENTS L P holds 484,938 shares of TXNM (PNM RESOURCES INC).

Question 2

What is HBK INVESTMENTS L P's TXNM position worth?

Accepted Answer

As of 2026-Q2, HBK INVESTMENTS L P's TXNM position is worth $27.5M.

Question 3

Is HBK INVESTMENTS L P buying or selling TXNM?

Accepted Answer

In 2026-Q2, HBK INVESTMENTS L P decreased their TXNM position (-84.0% change in shares).

Question 4

When did HBK INVESTMENTS L P first buy TXNM?

Accepted Answer

Based on available 13F filings, HBK INVESTMENTS L P first reported a position in TXNM in 2025-Q4. They have held the position across 16 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Decreased	484,938	-84.0%	$27.5M	0.3%	$56.37	0
2026-Q1	Increased	3M	+79.2%	$177.8M	1.8%	$57.62	73
2025-Q4	New	1.7M	—	$99.9M	0.8%	$57.62	58