Constellation Energy Corporation has emerged as a top utility stock among hedge funds for its leadership in low-carbon power and nuclear energy. With Morgan Stanley’s recent move on the company, the stage is set for continued interest in its unique market position.

Jacobi Capital Management LLC raised its position in Portland General Electric Company by 33.3% during the first quarter, bringing its total share count to 16,762. With an additional 4,191 shares acquired, the firm’s overall investment is now valued at $748,000—underscoring continued interest in the utility sector.