Constellation Energy Group: Major Institutions Supporting Stock in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Constellation Energy Group, Inc. (NYSE:CEG).

SEC data indicate that these institutions significantly increased their stock shares of Constellation Energy Group, Inc. in Q3 2011:

  • ALPINE ASSOCIATES ADVISORS: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,771,111 shares, worth $67,408,485.
  • ARROWGRASS CAPITAL PARTNERS (US) LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,056,162 shares, worth $40,197,526.
  • P SCHOENFELD ASSET MANAGEMENT LP/NY: On 06/30/2011, held 0 shares. On 09/30/2011, held 600,000 shares, worth $22,836,000.
  • TWO SIGMA INVESTMENTS LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 412,963 shares, worth $15,717,372.
  • MANIKAY PARTNERS, LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 343,500 shares, worth $13,073,610.

About the company: Constellation Energy Group Inc. is public utility holding company. The Company, through its subsidiaries, develops, owns, and operates electric generation facilities located in various regions of the United States as well as operates an electric transmission and distribution utility company and a gas distribution utility company.

Competitors to Watch: Calpine Corporation (NYSE:CPN), NRG Energy, Inc. (NYSE:NRG), Dynegy Inc. (NYSE:DYN), Exelon Corporation (NYSE:EXC), ALLETE, Inc. (NYSE:ALE), ITC Holdings Corp. (NYSE:ITC), Integrys Energy Group, Inc. (NYSE:TEG), The AES Corporation (NYSE:AES), Pepco Holdings, Inc. (NYSE:POM), and American Electric Power Co., Inc. (NYSE:AEP).

(Note: Data regarding Constellation Energy Group, Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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