Exelon: Funds Buying Shares in Third Quarter

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 Exelon Corp. (NYSE:EXC).

SEC data indicate that these institutions significantly increased their stock shares of Exelon Corp. in Q3 2011:

  • RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,510,800 shares, worth $63,619,788.
  • COHEN & STEERS INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,037,438 shares, worth $43,686,514.
  • PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO: On 06/30/2011, held 0 shares. On 09/30/2011, held 790,590 shares, worth $33,291,745.
  • SMITH ASSET MANAGEMENT GROUP LP: On 06/30/2011, held 0 shares. On 09/30/2011, held 493,575 shares, worth $20,784,443.
  • COMMERZBANK AKTIENGESELLSCHAFT /FI: On 06/30/2011, held 0 shares. On 09/30/2011, held 479,198 shares, worth $20,179,028.

About the company: Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.

Competitors to Watch: NextEra Energy, Inc. (NYSE:NEE), Entergy Corporation (NYSE:ETR), El Paso Electric Company (NYSE:EE), Constellation Energy Group, Inc. (NYSE:CEG), PPL Corporation (NYSE:PPL), ALLETE, Inc. (NYSE:ALE), FirstEnergy Corp. (NYSE:FE), Integrys Energy Group, Inc. (NYSE:TEG), and Xcel Energy Inc. (NYSE:XEL).

(Note: Data regarding Exelon Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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