Which funds own CEG
Constellation Energy Corp in the Q2 2026 filings. At least 8 of the 91 current managers on file reported a position, worth $8.0bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 8
- at least, of 91 current
- Combined value
- $8.0bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 4
- already held
- Trimmed or sold out
- 4
- 2 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Invesco Ltd Long-only · $1264bn book | $2.8bn | 0.2% | 11,109,902 | -$373m-107,192 | Trimmed |
| Capital Research Global Investors Long-only · $717bn book | $1.4bn | 0.2% | 5,750,152 | +$90m+962,158 | Added |
| Coatue Management LLC Long/short equity · $48.6bn book | $1.2bn | 2.4% | 4,632,475 | -$143m0 | Held |
| Capital World Investors Long-only · $846bn book | $1.1bn | 0.1% | 4,438,215 | -$8.5m+461,080 | Added |
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.0bn | 0.1% | 4,219,123 | -$481m-1,255,200 | Trimmed |
| Neuberger Berman Group LLC Long-only · $150bn book | $386m | 0.3% | 1,555,334 | +$30m+278,263 | Added |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $62m | 0.7% | 250,896 | +$29m+132,532 | Added |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $62m | 0.4% | 250,000 | opened250,000 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Holocene Advisors LP · Long/short equity$34m held before
- Acadian Asset Management LLC · Quantitative$2.2m held before
Ownership through time
At least 15 of the 95 managers whose filings are on file listed CEG in Q2 2026, against 15 in Q1 2022. The same number as in Q1 2026: 2 started positions; 1 listed it again; 3 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q1 2022: 15
- Q2 2022: 16
- Q3 2022: 20
- Q4 2022: 17
- Q1 2023: 17
- Q2 2023: 20
- Q3 2023: 14
- Q4 2023: 13
- Q1 2024: 18
- Q2 2024: 27
- Q3 2024: 26
- Q4 2024: 30
- Q1 2025: 21
- Q2 2025: 22
- Q3 2025: 22
- Q4 2025: 21
- Q1 2026: 15
- Q2 2026: 15
- Q1 2022: $2.9bn
- Q2 2022: $3.2bn
- Q3 2022: $4.5bn
- Q4 2022: $4.4bn
- Q1 2023: $3.4bn
- Q2 2023: $5.3bn
- Q3 2023: $6.6bn
- Q4 2023: $6.9bn
- Q1 2024: $11.1bn
- Q2 2024: $11.7bn
- Q3 2024: $15.0bn
- Q4 2024: $10.7bn
- Q1 2025: $8.2bn
- Q2 2025: $11.8bn
- Q3 2025: $10.9bn
- Q4 2025: $14.9bn
- Q1 2026: $12.3bn
- Q2 2026: $10.1bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Capital Research Global Investors4,787,994 to 5,750,152 shares+$239m
- Capital World Investors3,977,135 to 4,438,215 shares+$115m
- Neuberger Berman Group LLC1,277,071 to 1,555,334 shares+$69m
- Freestone Grove Partners LPnew: 250,000 shares+$62m
- AllianceBernstein LP576,979 to 698,929 shares+$34m
Largest decreases, by shares
- Fidelity (FMR LLC)10,181,644 to 6,538,601 shares-$905m
- T. Rowe Price Associates Inc5,474,323 to 4,219,123 shares-$312m
- Bridgewater Associates LP206,339 to 23,123 shares-$46m
- Invesco Ltd11,217,094 to 11,109,902 shares-$27m
- MFS Investment Management981,237 to 967,682 shares-$3.4m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Invesco Ltd | Q1 2022 | $3.8bn | $2.8bn | |
| Fidelity (FMR LLC) | Q1 2022 | $5.1bn | $1.6bn | |
| Capital Research Global Investors | Q1 2022 | $1.4bn | $1.4bn | |
| Coatue Management LLC | Q2 2023 | $2.1bn | $1.2bn | |
| Capital World Investors | Q2 2023 | $2.0bn | $1.1bn | |
| T. Rowe Price Associates Inc | Q2 2023 | $3.6bn | $1.0bn | |
| Neuberger Berman Group LLC | Q1 2024 | $400m | $386m | |
| MFS Investment Management | Q1 2022 | $355m | $240m | |
| AllianceBernstein LP | Q1 2024 | $251m | $195m | |
| Davidson Kempner Capital Management LP | Q1 2022 | $87m | $62m | |
| Freestone Grove Partners LP | Q4 2025 | $62m | $62m | |
| Woodline Partners LP | Q1 2025 | $19m | $17m | |
| Hudson Bay Capital Management LP | Q1 2022 | $30m | $9.9m | |
| Bridgewater Associates LP | Q3 2023 | $212m | $5.7m | |
| Soros Fund Management LLC | Q2 2026 | $809k | $809k | |
| Wellington Management Group LLP | Q1 2022 | $1.0bn | last listed Q1 2024 | |
| Lone Pine Capital LLC | Q1 2024 | $623m | last listed Q4 2024 | |
| D. E. Shaw & Co. | Q3 2022 | $595m | last listed Q1 2025 | |
| Steadfast Capital Management LP | Q3 2022 | $309m | last listed Q4 2024 | |
| Appaloosa LP | Q2 2022 | $219m | last listed Q2 2023 | |
| Jane Street Group LLC | Q2 2024 | $178m | last listed Q3 2025 | |
| Millennium Management LLC | Q2 2024 | $178m | last listed Q2 2024 | |
| Third Point LLC | Q4 2025 | $168m | last listed Q4 2025 | |
| Viking Global Investors LP | Q1 2023 | $161m | last listed Q2 2023 | |
| Voloridge Investment Management LLC | Q3 2022 | $136m | last listed Q3 2024 |
What CEG is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around CEG →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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