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 ($181.2m this quarter). Holder counts are more reliable. Shares outstanding: 312.7m as of 2024-07-31, 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 ≈ $200.28. Options: 39 managers hold calls ($638.3m notional), 37 hold puts ($657.6m).
Trends to Q2 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 |
| Q2 2024 | 1,310 |
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 |
| Q2 2024 | 700 | 427 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $134.7m | $141.5m | 1.05 |
| Q4 2023 | $100.6m | $93.3m | 0.93 |
| Q1 2024 | $481.7m | $367.8m | 0.76 |
| Q2 2024 | $638.3m | $657.6m | 1.03 |
Biggest buyers
| COATUE MANAGEMENT LLC | Added | +2.9m |
| Capital Research Global Investors | Added | +1.6m |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +1.4m |
| Capital World Investors | Added | +973.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +961.5k |
| Assenagon Asset Management S.A. | Added | +825.2k |
| JANE STREET GROUP, LLC | Added | +817.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +791.0k |
| LONE PINE CAPITAL LLC | Added | +729.0k |
| FMR LLC | Added | +699.5k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -9.5m |
| MORGAN STANLEY | Reduced | -8.6m |
| Capital International Investors | Reduced | -6.1m |
| FRANKLIN RESOURCES INC | Reduced | -2.1m |
| GQG Partners LLC | Sold out | -1.8m |
| BlackRock Inc. | Reduced | -1.3m |
| STEADFAST CAPITAL MANAGEMENT LP | Sold out | -1.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.0m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -1.0m |
| JPMORGAN CHASE & CO | Reduced | -801.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $99.8m498.5k shares |
| JAT Capital Mgmt LP | New | $99.1m495.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $76.4m381.3k shares |
| JANE STREET GROUP, LLC | Added | $52.7m263.0k shares |
| SIMPLEX TRADING, LLC | Added | $36.0m179.6k shares |
| PEAK6 Investments LLC | Reduced | $31.3m156.3k shares |
| GROUP ONE TRADING LLC | Added | $25.9m129.5k shares |
| BARCLAYS PLC | Reduced | $25.1m125.1k shares |
| Valiant Capital Management, L.P. | New | $24.0m120.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $22.1m110.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $126.3m630.5k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Added | $72.1m360.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $62.7m313.0k shares |
| Walleye Trading LLC | Added | $51.8m258.6k shares |
| SIMPLEX TRADING, LLC | Added | $50.6m305.6k shares |
| OAKTREE CAPITAL MANAGEMENT LP | New | $36.0m180.0k shares |
| Blackstone Inc. | New | $30.0m150.0k shares |
| NOMURA HOLDINGS INC | New | $28.4m141.9k shares |
| JANE STREET GROUP, LLC | Added | $25.9m129.4k shares |
| D. E. Shaw & Co., Inc. | New | $21.0m104.8k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 36.6m $7.3bn | Reduced -359.7k |
| Capital International Investors 0.92% of their portfolio | 22.3m $4.5bn | Reduced -6.1m |
| BlackRock Inc. 0.10% of their portfolio | 21.4m $4.3bn | Reduced -1.3m |
| FMR LLC 0.25% of their portfolio | 19.4m $3.9bn | Added +699.5k |
| STATE STREET CORP 0.15% of their portfolio | 17.2m $3.4bn | Added +522.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.23% of their portfolio | 9.8m $2.0bn | Reduced -9.5m |
| Capital World Investors 0.26% of their portfolio | 8.0m $1.6bn | Added +973.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 6.5m $1.3bn | Reduced -1.0m |
| Capital Research Global Investors 0.27% of their portfolio | 6.0m $1.2bn | Added +1.6m |
| MORGAN STANLEY 0.08% of their portfolio | 5.3m $1.1bn | Reduced -8.6m |
| Bank of New York Mellon Corp 0.20% of their portfolio | 5.2m $1.0bn | Reduced -45.8k |
| COATUE MANAGEMENT LLC 3.83% of their portfolio | 4.9m $982.9m | Added +2.9m |
| NORGES BANK 0.10% of their portfolio | 3.4m $674.3m | Added +194.8k |
| FRANKLIN RESOURCES INC 0.21% of their portfolio | 3.3m $668.4m | Reduced -2.1m |
| NORTHERN TRUST CORP 0.10% of their portfolio | 2.9m $581.4m | Reduced -306.5k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.7m $542.7m | Reduced -801.9k |
| Orbis Allan Gray Ltd 3.11% of their portfolio | 2.5m $499.8m | Reduced -604.9k |
| ALKEON CAPITAL MANAGEMENT LLC 2.53% of their portfolio | 2.5m $494.4m | Added +1.4m |
| Invesco Ltd. 0.09% of their portfolio | 2.1m $411.2m | Reduced -319.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 1.9m $387.8m | Reduced -15.7k |
| Legal & General Group Plc 0.10% of their portfolio | 1.7m $347.2m | Reduced -115.9k |
| LONE PINE CAPITAL LLC 2.61% of their portfolio | 1.6m $321.4m | Added +729.0k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 1.5m $309.4m | Added +295.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 1.5m $299.4m | Added +233.4k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.2m $243.4m | Added +102.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 1.1m $225.8m | Reduced -2.2k |
| UBS Group AG 0.07% of their portfolio | 1.1m $224.7m | Added +342.1k |
| JENNISON ASSOCIATES LLC 0.14% of their portfolio | 1.1m $223.5m | Reduced -12.0k |
| BARCLAYS PLC 0.10% of their portfolio | 1.1m $210.8m | Reduced -18.2k |
| Electron Capital Partners, LLC 10.73% of their portfolio | 1.0m $208.6m | Reduced -9.3k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 1.0m $208.6m | Reduced -21.0k |
| ClearBridge Investments Ltd 6.00% of their portfolio | 1.0m $205.3m | Added +148.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.80% of their portfolio | 961.5k $192.6m | New |
| Swiss National Bank 0.13% of their portfolio | 933.1k $186.9m | Reduced -23.3k |
| AGF MANAGEMENT LTD 1.02% of their portfolio | 921.2k $184.5m | Added +639.4k |
| Munro Partners 6.81% of their portfolio | 918.1k $183.9m | Added +31.1k |
| Assenagon Asset Management S.A. 0.45% of their portfolio | 911.2k $182.5m | Added +825.2k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 893.4k $179.0m | Reduced -3.4k |
| JANE STREET GROUP, LLC 0.19% of their portfolio | 888.7k $178.0m | Added +817.3k |
| MILLENNIUM MANAGEMENT LLC 0.15% of their portfolio | 887.4k $177.7m | Added +791.0k |
| Pictet Asset Management Holding SA 0.19% of their portfolio | 835.2k $167.3m | Added +699.1k |
| Castle Hook Partners LP 5.73% of their portfolio | 827.5k $165.7m | Added +281.4k |
| REAVES W H & CO INC 5.37% of their portfolio | 793.9k $159.0m | Added +16.2k |
| Amundi 0.06% of their portfolio | 771.2k $162.0m | Added +26.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio | 770.2k $154.3m | Reduced -77.7k |
| 59 North Capital Management, LP 6.75% of their portfolio | 684.4k $137.1m | Reduced -126.5k |
| CI INVESTMENTS INC. 0.53% of their portfolio | 672.5k $134.7m | Added +13.7k |
| FRED ALGER MANAGEMENT, LLC 0.64% of their portfolio | 660.7k $132.3m | Added +528.8k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 621.4k $124.4m | Added +195.1k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 618.0k $123.7m | Reduced -410 |
| Thrivent Financial for Lutherans 0.24% of their portfolio | 605.7k $121.3m | Reduced -23.6k |
| D. E. Shaw & Co., Inc. 0.17% of their portfolio | 596.8k $119.5m | Added +539.2k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 588.9k $117.9m | Reduced -183 |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 573.6k $114.9m | Reduced -101.9k |
| APG Asset Management N.V. 0.19% of their portfolio | 561.6k $104.9m | Added +3.4k |
| California Public Employees Retirement System 0.08% of their portfolio | 548.8k $109.9m | Reduced -24.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.13% of their portfolio | 531.6k $106.5m | Reduced -6.6k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 531.0k $106.3m | Reduced -239.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 530.4k $106.2m | Reduced -1.0m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.14% of their portfolio | 526.9k $105.5m | Added +126.4k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 524.6k $105.1m | Added +98.5k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 495.5k $99.2m | Reduced -343.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.12% of their portfolio | 481.0k $96.3m | Added +88.6k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 479.1k $106.6m | Added +98.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 477.4k $95.6m | Reduced -52.6k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 471.8k $94.5m | Added +216.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.11% of their portfolio | 464.7k $94.5m | Added +280.8k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 445.4k $89.2m | Added +82.6k |
| Capital Group Private Client Services, Inc. 0.87% of their portfolio | 436.4k $87.4m | Added +148.9k |
| Railway Pension Investments Ltd 1.00% of their portfolio | 417.3k $83.6m | Unchanged |
| HRT FINANCIAL LP 0.48% of their portfolio | 414.5k $83.0m | Added +393.4k |
| Rokos Capital Management LLP 1.89% of their portfolio | 409.8k $82.0m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio | 404.4k $81.0m | Added +134.8k |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 395.1k $79.1m | Reduced -73.5k |
| Swedbank AB 0.10% of their portfolio | 383.5k $76.8m | Reduced -102.4k |
| CITIGROUP INC 0.07% of their portfolio | 382.7k $76.6m | Added +139.3k |
| Qube Research & Technologies Ltd 0.14% of their portfolio | 374.7k $75.0m | Added +372.5k |
| JAT Capital Mgmt LP 11.42% of their portfolio | 364.5k $73.0m | New |
| National Pension Service 0.08% of their portfolio | 350.3k $70.1m | Reduced -28.9k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 339.7k $68.0m | Added +195.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.13% of their portfolio | 324.5k $65.0m | Reduced -61.8k |
| INTECH INVESTMENT MANAGEMENT LLC 0.80% of their portfolio | 319.5k $64.0m | Added +55.5k |
| ProShare Advisors LLC 0.17% of their portfolio | 319.5k $64.0m | Reduced -36.2k |
| Corient Private Wealth LP 0.11% of their portfolio | 318.0k $63.7m | Reduced -20.7k |
| Korea Investment CORP 0.16% of their portfolio | 312.5k $62.6m | Added +115.8k |
| Artemis Investment Management LLP 0.84% of their portfolio | 312.3k $62.6m | Reduced -78.9k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 2.88% of their portfolio | 311.8k $62.5m | Reduced -144.0k |
| Point72 Asset Management, L.P. 0.20% of their portfolio | 310.4k $62.2m | New |
| AVIVA PLC 0.17% of their portfolio | 307.0k $61.5m | Added +14.4k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 306.7k $61.4m | Reduced -70.3k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.80% of their portfolio | 302.8k $60.6m | Reduced -66.4k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 294.1k $58.9m | Added +40.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.25% of their portfolio | 293.3k $58.7m | Reduced -23.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.12% of their portfolio | 291.7k $58.4m | Reduced -13.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 288.8k $57.8m | Reduced -154.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.10% of their portfolio | 277.4k $55.6m | Reduced -35.9k |
| KBC Group NV 0.16% of their portfolio | 263.5k $52.8m | Added +24.5k |
| CAPITAL ADVISORS INC/OK 1.08% of their portfolio | 261.1k $52.3m | Reduced -25.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 256.3k $51.3m | Added +18.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 239.2k $47.9m | Added +138.8k |