CONSTELLATION ENERGY CORP CEG
COM · Common Stock · CUSIP 21037T109 · ISIN US21037T1097
- SectorUtilities
- IndustryElectric Services
- HeadquartersBaltimore, MD
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($67.3m this quarter). Holder counts are more reliable. Shares outstanding: 324.4m as of 2023-04-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $78.57. Options: 20 managers hold calls ($95.3m notional), 18 hold puts ($144.9m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 823 |
| Q4 2022 | 875 |
| Q1 2023 | 841 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 375 | 369 |
| Q1 2023 | 379 | 411 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $116.4m | $133.1m | 1.14 |
| Q4 2022 | $70.7m | $49.8m | 0.70 |
| Q1 2023 | $95.3m | $144.9m | 1.52 |
Biggest buyers
| FMR LLC | Added | +15.0m |
| Capital International Investors | Added | +4.0m |
| VIKING GLOBAL INVESTORS LP | New | +2.0m |
| PUTNAM INVESTMENTS LLC | Added | +1.3m |
| Orbis Allan Gray Ltd | Added | +1.3m |
| CITADEL ADVISORS LLC | Added | +1.2m |
| Zimmer Partners, LP | New | +1.1m |
| Sound Shore Management Inc /CT/ | New | +923.8k |
| MAVERICK CAPITAL LTD | New | +823.1k |
| 59 North Capital Management, LP | Added | +801.5k |
Biggest sellers
| MFN Partners Management, LP | Reduced | -3.5m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.6m |
| STEADFAST CAPITAL MANAGEMENT LP | Reduced | -1.6m |
| JENNISON ASSOCIATES LLC | Reduced | -830.0k |
| BlackRock Inc. | Reduced | -788.0k |
| Munro Partners | Reduced | -766.0k |
| PointState Capital LP | Sold out | -673.4k |
| MORGAN STANLEY | Reduced | -598.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -528.3k |
| CI INVESTMENTS INC. | Reduced | -510.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $32.6m415.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.5m311.7k shares |
| Sand Grove Capital Management LLP | New | $13.1m166.6k shares |
| Walleye Trading LLC | Added | $7.0m89.1k shares |
| PEAK6 Investments LLC | Added | $3.1m39.0k shares |
| Quarry LP | New | $2.7m35.0k shares |
| JANE STREET GROUP, LLC | Reduced | $2.7m34.1k shares |
| NOMURA HOLDINGS INC | New | $2.3m28.8k shares |
| GROUP ONE TRADING LLC | Added | $2.1m26.4k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $1.2m15.0k shares |
Biggest puts
| HBK INVESTMENTS L P | New | $41.8m532.2k shares |
| CITADEL ADVISORS LLC | Added | $38.2m486.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.9m202.1k shares |
| SIMPLEX TRADING, LLC | Added | $13.7m174.7k shares |
| Caption Management, LLC | New | $10.0m127.6k shares |
| JPMORGAN CHASE & CO | New | $8.0m102.5k shares |
| JANE STREET GROUP, LLC | Added | $6.8m86.9k shares |
| Walleye Trading LLC | Reduced | $3.1m39.9k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $3.1m39.4k shares |
| PEAK6 Investments LLC | New | $1.8m22.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
Fell to 5% or below in the last year: ECP ControlCo, LLC (4.0%, 2026-08-07), Capital International Investors (3.3%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $6.9k | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $6.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-01-20 | DE BALMANN YVES C Director · By de Balmann Family Holdings LLLP | Sold | $6.5k79 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.14% of their portfolio | 39.9m $3.1bn | Added +15.0m |
| VANGUARD GROUP INC 0.08% of their portfolio | 38.5m $3.0bn | Added +127.7k |
| Capital International Investors 0.57% of their portfolio | 28.1m $2.2bn | Added +4.0m |
| BlackRock Inc. 0.06% of their portfolio | 24.2m $1.9bn | Reduced -788.0k |
| STATE STREET CORP 0.08% of their portfolio | 18.0m $1.4bn | Reduced -337.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio | 9.0m $708.8m | Reduced -2.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 7.0m $549.6m | Added +120.6k |
| Bank of New York Mellon Corp 0.11% of their portfolio | 6.5m $509.5m | Added +211.3k |
| PUTNAM INVESTMENTS LLC 0.75% of their portfolio | 6.0m $469.4m | Added +1.3m |
| Orbis Allan Gray Ltd 3.34% of their portfolio | 5.4m $424.4m | Added +1.3m |
| MORGAN STANLEY 0.04% of their portfolio | 4.6m $357.8m | Reduced -598.8k |
| Southpoint Capital Advisors LP 7.12% of their portfolio | 4.0m $314.0m | Added +250.0k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 3.5m $271.8m | Added +155.7k |
| Artemis Investment Management LLP 2.53% of their portfolio | 2.4m $205.6m | Added +355.5k |
| NORGES BANK 0.04% of their portfolio | 2.3m $180.7m | Added +665.3k |
| Legal & General Group Plc 0.06% of their portfolio | 2.2m $176.4m | Added +3.3k |
| Invesco Ltd. 0.05% of their portfolio | 2.1m $166.5m | Added +277.9k |
| APPALOOSA LP 8.87% of their portfolio | 2.1m $164.1m | Reduced -308.7k |
| VIKING GLOBAL INVESTORS LP 0.75% of their portfolio | 2.0m $160.7m | New |
| STEADFAST CAPITAL MANAGEMENT LP 4.69% of their portfolio | 2.0m $156.0m | Reduced -1.6m |
| Corvex Management LP 8.65% of their portfolio | 1.8m $144.1m | Added +545.9k |
| Capital Research Global Investors 0.04% of their portfolio | 1.8m $140.6m | Reduced -118.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.8m $138.1m | Added +60.4k |
| Electron Capital Partners, LLC 8.09% of their portfolio | 1.7m $134.3m | Reduced -491.9k |
| ClearBridge Investments Ltd 4.20% of their portfolio | 1.7m $133.0m | Reduced -359.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.6m $122.8m | Reduced -42.9k |
| JENNISON ASSOCIATES LLC 0.11% of their portfolio | 1.5m $115.9m | Reduced -830.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 1.4m $113.2m | Added +4.2k |
| Swedbank AB 0.22% of their portfolio | 1.4m $110.8m | Added +306 |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 1.4m $110.2m | Added +115.6k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.4m $110.1m | Added +332.5k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 1.4m $109.8m | Added +2.1k |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 1.4m $106.3m | Added +1.2m |
| Swiss National Bank 0.07% of their portfolio | 1.3m $101.9m | Reduced -30.5k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 1.2m $95.0m | Added +296.3k |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 1.2m $94.6m | Added +21.4k |
| 59 North Capital Management, LP 13.06% of their portfolio | 1.1m $89.2m | Added +801.5k |
| Thrivent Financial for Lutherans 0.22% of their portfolio | 1.1m $89.0m | Added +446.5k |
| REAVES W H & CO INC 3.17% of their portfolio | 1.1m $88.1m | Added +854 |
| Zimmer Partners, LP 1.81% of their portfolio | 1.1m $88.0m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 1.1m $87.9m | Reduced -54.5k |
| DAVIDSON KEMPNER PARTNERS 2.17% of their portfolio | 1.1m $87.2m | First filing |
| Davidson Kempner Capital Management LP 1.82% of their portfolio | 1.1m $87.2m | Added +549.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 998.3k $78.4m | Reduced -11.9k |
| Munro Partners 3.76% of their portfolio | 978.5k $76.8m | Reduced -766.0k |
| Sound Shore Management Inc /CT/ 2.73% of their portfolio | 923.8k $72.5m | New |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 923.7k $72.5m | Reduced -330.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 867.6k $68.1m | Added +43.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 844.5k $66.3m | Added +56.8k |
| MAVERICK CAPITAL LTD 1.66% of their portfolio | 823.1k $64.6m | New |
| Artisan Partners Limited Partnership 0.10% of their portfolio | 802.8k $63.0m | Reduced -26.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 760.7k $59.7m | Reduced -23.0k |
| APG Asset Management N.V. 0.11% of their portfolio | 749.4k $54.1m | Added +48.4k |
| BARCLAYS PLC 0.06% of their portfolio | 737.4k $57.9m | Added +232.5k |
| MONTANOVA CAPITAL, LLC 2.66% of their portfolio | 702.6k $55.2m | Added +270.6k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.81% of their portfolio | 689.1k $54.1m | Added +131.0k |
| Owl Creek Asset Management, L.P. 4.18% of their portfolio | 667.0k $52.4m | Reduced -4.6k |
| Newbrook Capital Advisors LP 8.10% of their portfolio | 648.3k $50.9m | Added +105.1k |
| CI INVESTMENTS INC. 0.26% of their portfolio | 647.5k $50.8m | Reduced -510.5k |
| California Public Employees Retirement System 0.04% of their portfolio | 642.6k $50.4m | Reduced -97.5k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 610.9k $48.0m | Added +5.0k |
| Hudson Bay Capital Management LP 0.27% of their portfolio | 585.7k $46.0m | Added +234.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 556.1k $43.7m | Reduced -222.4k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 554.5k $43.5m | Added +92.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 554.4k $43.5m | Reduced -4.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 546.1k $42.9m | Added +10.6k |
| 1832 Asset Management L.P. 0.08% of their portfolio | 501.2k $39.3m | Added +70.3k |
| TWINBEECH CAPITAL LP 0.79% of their portfolio | 498.0k $39.1m | Added +261.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 497.6k $39.1m | Reduced -2.9k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 486.3k $38.2m | Reduced -43.6k |
| Amundi 0.02% of their portfolio | 476.6k $36.5m | Added +55.1k |
| COHEN & STEERS, INC. 0.08% of their portfolio | 476.5k $37.4m | Added +8.5k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 470.3k $36.9m | Reduced -259.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio | 452.5k $35.5m | Added +234.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 442.6k $34.7m | Added +14.3k |
| FIL Ltd 0.04% of their portfolio | 422.8k $33.2m | Added +422.7k |
| National Pension Service 0.06% of their portfolio | 422.5k $32.5m | Reduced -15.7k |
| Corient Private Wealth LP 0.09% of their portfolio | 417.7k $32.8m | Added +4.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.16% of their portfolio | 397.0k $31.2m | Reduced -804 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 393.3k $30.9m | Added +232.6k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 389.8k $30.6m | Added +13.9k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 389.4k $30.6m | Added +16.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 386.3k $30.3m | Added +30 |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.53% of their portfolio | 380.2k $29.8m | Added +20.9k |
| UBS Group AG 0.01% of their portfolio | 372.5k $29.2m | Added +2.7k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 358.3k $28.1m | Reduced -135.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 355.4k $27.9m | Reduced -17.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 352.3k $27.7m | Added +12.1k |
| Capital Group Private Client Services, Inc. 0.33% of their portfolio | 340.9k $26.8m | Reduced -454 |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.36% of their portfolio | 339.4k $26.6m | Reduced -62.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 338.0k $26.5m | Reduced -6.6k |
| CITIGROUP INC 0.03% of their portfolio | 330.3k $25.9m | Added +40.8k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 328.2k $25.8m | Added +23.7k |
| ProShare Advisors LLC 0.08% of their portfolio | 328.0k $25.7m | Added +32.6k |
| Soapstone Management L.P. 11.40% of their portfolio | 325.0k $25.5m | Added +40.0k |
| Korea Investment CORP 0.07% of their portfolio | 310.0k $24.3m | Added +118.1k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 309.7k $24.3m | Added +4.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 305.1k $24.0m | Reduced -528.3k |
| Ensign Peak Advisors, Inc 0.05% of their portfolio | 296.9k $23.3m | Reduced -7.5k |
| Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio | 296.6k $23.3m | Added +6.1k |