$160,000 of CONSOLIDATED EDISON COMPANY OF NEW YORK INC lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Safeguarding the Homeland from the Threats Posed by Unmanned Aircraft Systems Act of 2023 (S. 1631); General issues related to coordination and sharing of cyber and physical security information between the federal government and the electricity and gas distribution sectors.
Funding for the Low Income Home Energy Assistance Program (LIHEAP) in FY25 Labor-HHS Appropriations Legislation (S 4942, HR 9029).
Minimum transfer capacity generally; Issues related to energy grid supply chain; Draft legislation related to transmission; Siting and permitting generally; Clean energy issues generally; Energy storage issues generally; Energy efficiency issues generally; Grid modernization issues generally; Grid security issues generally; Grid resiliency issues generally; Grid reliability issues generally; Natural gas transmission and distribution system reliability generally; Energy Permitting Reform Act of 2024 (S.4753).
Climate change issues generally; Power sector emissions issues generally; Siting and permitting generally.
Implementation of Investment Tax Credit for offshore generation under the Inflation Reduction Act; Electric vehicle tax incentives generally; Clean energy tax incentives generally; Inflation Reduction Act implementation.
Electric vehicle infrastructure generally; Pipeline safety reauthorization draft legislation (House and Senate)."
You can find more data on corporate lobbying on Quiver Quantitative.
ED Insider Trading Activity
ED insiders have traded $ED stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ED stock by insiders over the last 6 months:
- JOSEPH MILLER (VP & Controller) has made 2 purchases buying 1 shares for an estimated $195 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
ED Hedge Fund Activity
We have seen 511 institutional investors add shares of ED stock to their portfolio, and 490 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 1,429,519 shares (-92.0%) from their portfolio in Q3 2024, for an estimated $148,855,813
- COHEN & STEERS, INC. removed 1,075,219 shares (-78.7%) from their portfolio in Q3 2024, for an estimated $111,962,554
- BANK OF AMERICA CORP /DE/ added 1,014,138 shares (+8.3%) to their portfolio in Q3 2024, for an estimated $105,602,189
- POINT72 ASSET MANAGEMENT, L.P. added 935,962 shares (+1766.0%) to their portfolio in Q3 2024, for an estimated $97,461,723
- APG ASSET MANAGEMENT N.V. removed 930,655 shares (-72.0%) from their portfolio in Q3 2024, for an estimated $96,909,105
- CLEAN ENERGY TRANSITION LLP removed 897,553 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $93,462,193
- ALLIANZ ASSET MANAGEMENT GMBH removed 645,053 shares (-28.4%) from their portfolio in Q3 2024, for an estimated $67,169,368
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
