Did Hedge Funds Predict Pepco Holdings, Inc. (POM)’s Merger With Exelon Corporation (EXC) Falling Through?

Among the hedge funds that we track at Insider Monkey, Alpine Associated, led by Robert Emil Zoellner, was the largest shareholder of Pepco Holdings, Inc. (NYSE:POM) at the end of the second quarter, having 2.05 million shares valued at $55.15 million in its portfolio. Renaissance Technologies and Manikay Partners were among the other primary stakeholders, with 1.08 million shares and 483,940 shares in their portfolio, respectively.

Clint Carlson’s Carlson Capital was on top of the shareholders list of Exelon Corporation (NYSE:EXC) in our database, as of June 30. The investment firm reported ownership of 8.38 million shares with a market value of $263.21 million. Millennium Management and Adage Capital Management were other significant shareholders of the company, with 7.56 million shares and 2.81 million shares, respectively.

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