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 ($111.0m this quarter). Holder counts are more reliable. Shares outstanding: 315.2m as of 2024-04-30, 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 ≈ $184.53. Options: 31 managers hold calls ($481.7m notional), 29 hold puts ($367.8m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 823 |
| Q4 2022 | 875 |
| Q1 2023 | 841 |
| Q2 2023 | 849 |
| Q3 2023 | 906 |
| Q4 2023 | 1,005 |
| Q1 2024 | 1,175 |
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 |
| Q2 2023 | 367 | 384 |
| Q3 2023 | 400 | 357 |
| Q4 2023 | 446 | 371 |
| Q1 2024 | 595 | 462 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $121.7m | $117.1m | 0.96 |
| Q3 2023 | $134.7m | $141.5m | 1.05 |
| Q4 2023 | $100.6m | $93.3m | 0.93 |
| Q1 2024 | $481.7m | $367.8m | 0.76 |
Biggest buyers
| FRANKLIN RESOURCES INC | Added | +5.0m |
| MORGAN STANLEY | Added | +5.0m |
| COATUE MANAGEMENT LLC | New | +2.0m |
| GQG Partners LLC | New | +1.8m |
| STEADFAST CAPITAL MANAGEMENT LP | New | +1.2m |
| ALKEON CAPITAL MANAGEMENT LLC | New | +1.0m |
| LONE PINE CAPITAL LLC | New | +876.0k |
| Capital International Investors | Added | +594.7k |
| JPMORGAN CHASE & CO | Added | +567.2k |
| Castle Hook Partners LP | New | +546.2k |
Biggest sellers
| Orbis Allan Gray Ltd | Reduced | -3.0m |
| Capital World Investors | Reduced | -1.6m |
| FMR LLC | Reduced | -1.3m |
| STATE STREET CORP | Reduced | -1.1m |
| Southpoint Capital Advisors LP | Sold out | -1.1m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -692.0k |
| Artemis Investment Management LLP | Reduced | -532.3k |
| BARCLAYS PLC | Reduced | -479.6k |
| Swedbank AB | Reduced | -466.2k |
| JENNISON ASSOCIATES LLC | Reduced | -432.1k |
Biggest calls
| PEAK6 Investments LLC | Added | $92.6m501.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $78.5m424.5k shares |
| CITADEL ADVISORS LLC | Added | $65.4m353.9k shares |
| BARCLAYS PLC | New | $27.2m147.1k shares |
| UBS Group AG | Added | $24.5m132.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $20.2m109.1k shares |
| Parallax Volatility Advisers, L.P. | New | $19.4m105.0k shares |
| Schonfeld Strategic Advisors LLC | New | $18.5m100.0k shares |
| SIMPLEX TRADING, LLC | Added | $18.4m99.8k shares |
| Walleye Capital LLC | Added | $17.6m95.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $93.3m504.7k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | $55.5m300.0k shares |
| GOLDMAN SACHS GROUP INC | New | $42.5m230.0k shares |
| SIMPLEX TRADING, LLC | Added | $35.9m194.2k shares |
| PEAK6 Investments LLC | New | $29.5m159.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $28.0m151.3k shares |
| UBS Group AG | Reduced | $14.4m77.9k shares |
| WOLVERINE TRADING, LLC | Added | $10.1m54.8k shares |
| Hudson Bay Capital Management LP | New | $9.2m50.0k shares |
| JANE STREET GROUP, LLC | Added | $7.2m38.9k 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 2024
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 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $6.9k | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $6.5k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 37.0m $6.8bn | Added +301.7k |
| Capital International Investors 1.06% of their portfolio | 28.4m $5.3bn | Added +594.7k |
| BlackRock Inc. 0.10% of their portfolio | 22.7m $4.2bn | Added +156.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.44% of their portfolio | 19.3m $3.6bn | Reduced -105.3k |
| FMR LLC 0.23% of their portfolio | 18.7m $3.5bn | Reduced -1.3m |
| STATE STREET CORP 0.14% of their portfolio | 16.6m $3.1bn | Reduced -1.1m |
| MORGAN STANLEY 0.07% of their portfolio | 13.9m $2.6bn | Added +5.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 7.5m $1.4bn | Added +267.2k |
| Capital World Investors 0.21% of their portfolio | 7.0m $1.3bn | Reduced -1.6m |
| FRANKLIN RESOURCES INC 0.32% of their portfolio | 5.4m $1.0bn | Added +5.0m |
| Bank of New York Mellon Corp 0.19% of their portfolio | 5.2m $969.6m | Added +66.3k |
| Capital Research Global Investors 0.18% of their portfolio | 4.4m $811.0m | Added +295.2k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 3.5m $649.2m | Added +567.2k |
| NORTHERN TRUST CORP 0.10% of their portfolio | 3.2m $593.3m | Reduced -185.4k |
| NORGES BANK 0.09% of their portfolio | 3.2m $586.4m | Added +543.0k |
| Orbis Allan Gray Ltd 3.43% of their portfolio | 3.1m $573.1m | Reduced -3.0m |
| Invesco Ltd. 0.09% of their portfolio | 2.4m $438.6m | Reduced -323.5k |
| COATUE MANAGEMENT LLC 1.49% of their portfolio | 2.0m $378.9m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 2.0m $360.8m | Added +42.4k |
| Legal & General Group Plc 0.10% of their portfolio | 1.8m $341.9m | Added +1.1k |
| GQG Partners LLC 0.53% of their portfolio | 1.8m $327.9m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 1.6m $287.2m | Reduced -329.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 1.3m $233.2m | Added +8.5k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 1.2m $231.0m | Reduced -140.8k |
| STEADFAST CAPITAL MANAGEMENT LP 4.90% of their portfolio | 1.2m $215.5m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 1.1m $208.8m | Added +7.7k |
| JENNISON ASSOCIATES LLC 0.14% of their portfolio | 1.1m $208.5m | Reduced -432.1k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.1m $205.8m | Added +6.4k |
| BARCLAYS PLC 0.09% of their portfolio | 1.1m $197.9m | Reduced -479.6k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 1.1m $196.4m | Reduced -4.9k |
| Electron Capital Partners, LLC 8.52% of their portfolio | 1.1m $194.3m | Reduced -53.5k |
| ALKEON CAPITAL MANAGEMENT LLC 1.06% of their portfolio | 1.0m $192.6m | New |
| Swiss National Bank 0.12% of their portfolio | 956.4k $176.8m | Reduced -49.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 896.8k $165.8m | Reduced -95.8k |
| Munro Partners 5.88% of their portfolio | 887.0k $164.0m | Added +193.8k |
| ClearBridge Investments Ltd 4.61% of their portfolio | 876.5k $162.0m | Reduced -371.7k |
| LONE PINE CAPITAL LLC 1.28% of their portfolio | 876.0k $161.9m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio | 847.9k $156.7m | Reduced -3.8k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 838.9k $155.1m | Added +242.5k |
| 59 North Capital Management, LP 9.03% of their portfolio | 810.9k $149.9m | Reduced -192.6k |
| UBS Group AG 0.05% of their portfolio | 779.7k $144.1m | Added +210.4k |
| REAVES W H & CO INC 5.10% of their portfolio | 777.7k $143.8m | Added +146.9k |
| Clearbridge Investments, LLC 0.11% of their portfolio | 770.7k $142.5m | Reduced -45.4k |
| Amundi 0.06% of their portfolio | 744.3k $136.9m | Reduced -15.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 675.5k $124.9m | Reduced -44.2k |
| CI INVESTMENTS INC. 0.48% of their portfolio | 658.8k $121.8m | Added +218.7k |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 629.4k $116.3m | Reduced -249.8k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 618.4k $114.3m | Added +51.3k |
| RHUMBLINE ADVISERS 0.10% of their portfolio | 589.0k $108.9m | Added +6.1k |
| California Public Employees Retirement System 0.07% of their portfolio | 572.9k $105.9m | Reduced -17.4k |
| APG Asset Management N.V. 0.17% of their portfolio | 558.2k $95.5m | Added +12.5k |
| Castle Hook Partners LP 3.65% of their portfolio | 546.2k $101.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.13% of their portfolio | 538.2k $99.5m | Added +8.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 529.9k $98.0m | Reduced -150.6k |
| Swedbank AB 0.13% of their portfolio | 485.9k $89.8m | Reduced -466.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.32% of their portfolio | 475.4k $87.9m | Reduced -692.0k |
| Ensign Peak Advisors, Inc 0.16% of their portfolio | 468.7k $86.6m | Reduced -21.6k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 4.02% of their portfolio | 455.8k $84.3m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 443.1k $81.9m | Reduced -5.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 433.3k $80.1m | Added +240.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 426.3k $78.8m | Added +19.2k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 426.1k $78.8m | Added +13.1k |
| Railway Pension Investments Ltd 0.75% of their portfolio | 417.3k $77.1m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 400.5k $74.0m | Reduced -19.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.10% of their portfolio | 392.4k $72.5m | Added +60.9k |
| Artemis Investment Management LLP 0.94% of their portfolio | 391.2k $72.3m | Reduced -532.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 386.3k $30.3m | Added +14.6k |
| RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio | 384.4k $71.1m | Added +217.6k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 380.2k $70.4m | Reduced -119.5k |
| National Pension Service 0.08% of their portfolio | 379.2k $70.1m | Reduced -17.2k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 377.0k $69.7m | Reduced -866 |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.95% of their portfolio | 369.2k $68.2m | Added +60.2k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 362.8k $67.1m | Reduced -1.9k |
| Sound Shore Management Inc /CT/ 2.08% of their portfolio | 360.0k $66.5m | Reduced -109.4k |
| ProShare Advisors LLC 0.17% of their portfolio | 355.7k $65.8m | Added +59.5k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 341.1k $63.1m | Reduced -24.6k |
| FIL Ltd 0.06% of their portfolio | 339.9k $62.8m | Reduced -7.3k |
| Corient Private Wealth LP 0.11% of their portfolio | 338.7k $59.1m | Reduced -4.0k |
| Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio | 334.2k $36.9m | Added +5.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.25% of their portfolio | 317.3k $58.6m | Reduced -2.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.11% of their portfolio | 313.3k $57.9m | Added +115.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.12% of their portfolio | 305.0k $56.4m | Reduced -11.0k |
| AVIVA PLC 0.18% of their portfolio | 292.6k $54.1m | Added +34.9k |
| Capital Group Private Client Services, Inc. 0.54% of their portfolio | 287.5k $53.1m | Reduced -44.2k |
| CAPITAL ADVISORS INC/OK 1.14% of their portfolio | 286.7k $53.0m | Reduced -4.1k |
| DANSKE BANK A/S 0.17% of their portfolio | 285.6k $52.8m | First filing |
| AGF MANAGEMENT LTD 0.29% of their portfolio | 281.8k $52.1m | New |
| Capital International, Inc./CA/ 0.69% of their portfolio | 276.1k $51.0m | Added +9.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 269.6k $49.8m | Added +164.6k |
| E. Ohman J:or Asset Management AB 1.25% of their portfolio | 264.3k $48.9m | Reduced -24.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.69% of their portfolio | 264.0k $48.8m | Added +120.3k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 255.4k $47.2m | Added +110.5k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 253.2k $46.8m | Added +47.3k |
| BROWN ADVISORY INC 0.06% of their portfolio | 252.1k $46.6m | Added +28.4k |
| BANK OF NOVA SCOTIA 0.09% of their portfolio | 250.7k $46.3m | Added +71.1k |
| PRUDENTIAL FINANCIAL INC 0.06% of their portfolio | 248.6k $46.0m | Reduced -64.5k |
| CITIGROUP INC 0.05% of their portfolio | 243.4k $45.0m | Reduced -123.9k |
| KBC Group NV 0.14% of their portfolio | 239.0k $44.2m | Added +126.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 237.6k $43.9m | Reduced -24.4k |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.48% of their portfolio | 236.8k $43.8m | Added +37.6k |