Consolidated Edison

ED • NYSE

Consolidated Edison is a regulated electric company in the utilities sector on NYSE, led by Timothy Cawley, with a market cap of $35.2B. As of Q3 2025, 69% of shares are held by 1,268 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.53%.

CEOTimothy Cawley

Market Cap$35.2B

Regulated Electric

Utilities

Employees14.6K

Websiteconedison.com

Country

United States of America

Overview

Overview of institutional ownership in ED as of Q3 2025 with a market cap of $36.3B

All Institutions

Institutions: 1,268
Value Held: $25.1B
Shares Held: 250.7M
Avg Position: $19.8M
Median Position: $584.0K

Hedge Funds

Hedge Funds: 73
Value Held: $1.1B
Shares Held: 11.1M
Avg Position: $15.2M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

66.3%

$24.0B

Hedge Funds

3.06%

$1.1B

Retail & Other

30.64%

$11.1B

Based on market cap of $36.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ED as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$4.5B 0.07% of portfolio	12.53% 45.2M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$4.1B 0.07% of portfolio	11.36% 41.0M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.4B 0.08% of portfolio	6.67% 24.1M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$998.4M 0.06% of portfolio	2.76% 10.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
LAZARD ASSET MANAGEMENT LLC Long Only Manager	Evan Lawrence Russo CEO	$599.2M 0.81% of portfolio	1.65% 6.0M shares	≤ Q2 2013 Held for 12y 5m+	$74.1B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$582.6M 0.04% of portfolio	1.61% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$471.1M 0.05% of portfolio	1.30% 4.7M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	James Poucher CEO	$454.0M 0.10% of portfolio	1.25% 4.5M shares	≤ Q2 2013 Held for 12y 5m+	$460.61B
L LEGAL & GENERAL GROUP PLC Institution	-	$437.4M 0.10% of portfolio	1.21% 4.4M shares	≤ Q2 2013 Held for 12y 5m+	$445.97B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$415.0M 0.05% of portfolio	1.14% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B

Net Capital Flow

Institutional buying and selling activity for ED in Q3 2025

Traded: +$142.4M
Buyers: 628
Sellers: 466
Total Bought: +$2.2B
Total Sold: −$2.1B
Avg Position: $18.5M

Biggest Buyers

Institution	Net Bought	Current Position
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$598.7M +6.0M shares	$599.2M 6.0M shares
GOLDMAN SACHS GROUP INC Institution	+$114.4M +1.1M shares	$226.9M 2.3M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$97.4M +974.4K shares	$190.5M 1.9M shares
Q Qube Research & Technologies Ltd Institution	+$93.2M +926.7K shares	$191.5M 1.9M shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	+$74.5M +741.2K shares	$78.1M 777.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$49.2M +489.6K shares	$95.4M 949.2K shares
J JANE STREET GROUP, LLC Institution	+$48.4M +481.5K shares	$48.4M 481.5K shares
BANK OF NOVA SCOTIA / Institution	+$42.6M +423.8K shares	$50.1M 498.2K shares
MORGAN STANLEY RIA/Wealth	+$42.2M +419.5K shares	$582.6M 5.8M shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	+$36.2M +359.7K shares	$39.6M 394.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
BANK OF AMERICA CORP /DE/ Institution	−$850.0M −8.5M shares	$182.5M 1.8M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$223.8M −2.2M shares	$180.6M 1.8M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$84.4M −839.2K shares	$454.0M 4.5M shares
A Assenagon Asset Management S.A. Institution	−$78.5M −780.9K shares	$20.2M 200.6K shares
Marshall Wace LLP Institution	−$60.2M −598.8K shares	$142.4M 1.4M shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	−$53.2M −530.0K shares	Sold Off 0 shares
COHEN & STEERS INC Institution	−$47.3M −470.6K shares	$23.1M 229.6K shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	−$45.7M −455.0K shares	Sold Off 0 shares
H HSBC HOLDINGS PLC Institution	−$43.7M −435.8K shares	$99.1M 987.2K shares
C Cubist Systematic Strategies, LLC Institution	−$39.7M −395.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ED in Q3 2025

New Positions: 40
New Value: $14.3M
Exited Positions: 92
Exited Value: $306.8M

New Positions

Institution	Position Value
B BLI - Banque de Luxembourg Investments Institution	$2.7M 27.5K shares
P Polianta Ltd Institution	$1.4M 14.4K shares
L Leo Wealth, LLC Institution	$1.4M 14.1K shares
J. Safra Sarasin Holding AG Fund of Funds	$1.3M 13.3K shares
O OXFORD ASSET MANAGEMENT Institution	$948.3K 9.4K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$896.1K 8.9K shares
United Financial Planning Group LLC RIA/Wealth	$808.5K 8.0K shares
T TEMA ETFS LLC Institution	$636.0K 6.3K shares
L LGT Fund Management Co Ltd. Institution	$490.9K 5.0K shares
LEIGH BALDWIN & CO., LLC RIA/Wealth	$411.1K 5.7K shares

Exited Positions

Institution	Previous Position
A ADAGE CAPITAL PARTNERS GP LLC Institution	$53.2M 530.0K shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	$45.7M 455.0K shares
C Cubist Systematic Strategies, LLC Institution	$39.7M 395.7K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$32.3M 321.8K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$25.1M 249.6K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$20.6M 205.6K shares
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	$15.2M 151.2K shares
A AXA Institution	$12.8M 128.0K shares
Z Zimmer Partners, LP Hedge Fund•Long/Short	$9.0M 90.0K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$4.3M 43.1K shares

Options Activity

Institutions with the largest Call and Put options positions in ED as of Q3 2025

Call Positions: 21
Call Value: $127.0M
Put Positions: 21
Put Value: $50.6M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$25.8M 2.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$25.3M 2.5K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$22.5M 2.2K contracts
J JANE STREET GROUP, LLC Institution	$15.7M 1.6K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$6.1M 611.0 contracts
W WOLVERINE TRADING, LLC Institution	$5.3M 536.0 contracts
V Volterra Technologies LP Hedge Fund•Quant	$4.0M 398.0 contracts
C Cubist Systematic Strategies, LLC Institution	$4.0M 394.0 contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$3.6M 3.6 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$3.4M 339.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$11.8M 1.2K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$5.4M 535.0 contracts
Walleye Trading LLC RIA/Wealth	$4.6M 459.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.9M 384.0 contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$3.4M 3.4 contracts
J JANE STREET GROUP, LLC Institution	$3.1M 307.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$2.7M 267.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$2.4M 239.0 contracts
BARCLAYS PLC Institution	$2.2M 223.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.2M 218.0 contracts

Most Committed Institutions

Institutions with ED as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ATLAS Infrastructure Partners Ltd. Real Assets	Clinton Leigh Joyner COO	12.97% $264.0M	0.73% 2.6M shares	Q1 2025 Held for 8 months	$2.0B
Clean Energy Transition LLP Hedge Fund•Long/Short	Per Axel Lekander CEO	6.74% $76.8M	0.21% 764.4K shares	Q2 2025 Held for 5 months	$1.1B
Windle Wealth, LLC RIA/Wealth	Donald Ray Windle CCO	3.58% $8.0M	0.02% 79.7K shares	Q4 2022 Held for 2y 11m	$223.5M
TOBAM Long Only Manager	Christophe Eugéne Jean Lemarié CEO	2.80% $7.6M	0.02% 75.8K shares	Q4 2014 Held for 10y 11m	$272.0M
C Coston, McIsaac & Partners Institution	-	2.09% $6.1M	0.02% 61.0K shares	Q2 2022 Held for 3y 5m	$293.1M
Welch Group, LLC RIA/Wealth	Stewart Henry Welch Founder	2.05% $52.5M	0.14% 522.7K shares	≤ Q2 2013 Held for 12y 5m+	$2.6B
S SECURED RETIREMENT ADVISORS, LLC RIA/Wealth	Joseph Scott Lucey CEO	1.83% $3.2M	0.01% 32.1K shares	Q1 2025 Held for 8 months	$176.5M
Kinloch Capital, LLC RIA/Wealth	Peter Carlyle Walls Managing Partner	1.75% $4.0M	0.01% 39.7K shares	Q4 2020 Held for 4y 11m	$228.6M
R RD Lewis Holdings, Inc. Institution	-	1.62% $1.7M	0.00% 17.3K shares	Q4 2024 Held for 11 months	$106.7M
Northstar Financial Companies, Inc. RIA/Wealth	Steven Brian Girard President	1.52% $1.6M	0.00% 16.4K shares	Q4 2024 Held for 11 months	$108.1M

Hedge Fund Spotlight

Discover hedge funds investing in ED

New Age Alpha Advisors, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerArmen Raphael Arus

Portfolio Value: $2.4B
Positions: 799
Last Reported: Q3 2025

Sector Allocation

Position in Consolidated Edison

Market Value: $26.1K
Shares Held: 260.0
Portfolio Weight: 0.00%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$87.3M	3.67%
2 Apple AAPL	Consumer Electronics Technology	$74.1M	3.11%
3 Nvidia NVDA	Semiconductors Technology	$68.8M	2.89%