13FPulse
中
CE

CEG CONSTELLATION ENERGY

2026Q2 · CUSIP 21037T109 · Nuclear & SMR · Sector: Utilities

Normal

Fund flows are within the usual range

Funds that own it
1,810
Institutions that reported holding it to the SEC
Net decrease in holders
77
Last quarter 1,887 → now 1,810
How unusual is that
Bottom 20%
Stronger than only 1.2% of US stocks
What the filings say, in one paragraph

1,810 funds held CEG at the end of 2026Q2, down 77 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $31.3B(YoY +26.0%), the P/E is 27.3x, return on equity is 10.8%. CEG has had 13 buying rushes in its history, and the price moved +23.8% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Utilities sector, tagged Nuclear & SMR.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2022Q1: holders=625 2022Q2: holders=743 2022Q3: holders=812 2022Q4: holders=866 2023Q1: holders=831 2023Q2: holders=839 2023Q3: holders=895 2023Q4: holders=994 2024Q1: holders=1166 2024Q2: holders=1300 2024Q3: holders=1410 2024Q4: holders=1533 2025Q1: holders=1530 2025Q2: holders=1706 2025Q3: holders=1810 2025Q4: holders=1997 2026Q1: holders=1887 2026Q2: holders=1810 -624 -312 +0 +312 +624 56213302097 22Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 13 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q4 Top 5% -3.3% —
2025Q3 Top 5% -13.9% -16.7%
2025Q2 Top 1% in the market +4.9% -8.8%
2024Q4 Top 5% -8.0% +2.2%
2024Q3 Top 1% in the market +23.5% +27.0%
2024Q2 Top 1% in the market +18.6% +69.6%
2024Q1 Top 1% in the market -9.2% +5.8%
2023Q4 Top 5% +62.8% +47.8%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
348
Change in large funds
+26
Total value they hold
$74.7B
Funds buying for the first time
183
Funds that sold out entirely
260
Price change that quarter
+7.0%
Funds holding puts (bearish)
51
Funds holding calls (bullish)
50

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
27.3
EPS (TTM)
$10.26
EPS YoY
+7.1%
Revenue (TTM)
$31.3B
Revenue YoY
+26.0%
Net margin
11.1%
ROE
10.8%
Debt ratio
67.1%
FCF (TTM)
$309M
Dividend (TTM)
$0.47
Quarterly Revenue & EPS
2021-09-30: EPS 0.00 2021-12-31: EPS 0.00 2022-03-31: EPS 0.32 2022-06-30: EPS -0.34 2022-09-30: EPS -0.57 2022-12-31: EPS 0.10 2023-03-31: EPS 0.29 2023-06-30: EPS 2.56 2023-09-30: EPS 2.26 2023-12-31: EPS -0.10 2024-03-31: EPS 2.78 2024-06-30: EPS 2.58 2024-09-30: EPS 3.82 2024-12-31: EPS 2.71 2025-03-31: EPS 0.38 2025-06-30: EPS 2.67 2025-09-30: EPS 2.97 2025-12-31: EPS 1.38 2026-03-31: EPS 4.49 2026-06-30: EPS 1.42 0B 5.6B 11.1B $B -0.63 2.16 4.94 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 28 21 33 46 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-3.9B-1.2B1.5B 202120222023202420252026
Latest quarter $-850M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.