5 Nuclear Energy Stocks Billionaires Are Loading Up On

4. Duke Energy Corporation (NYSE:DUK)

Number of Hedge Fund Holders: 40

Number of Billionaire Investors: 11

Duke Energy Corporation (NYSE:DUK) is an American electric power company with a peak generation capacity of over 58,000 megawatts. The company operates 11 nuclear units that can generate 10,700 megawatts.

Billionaire Ken Griffin’s Citadel Investment Group upped its stake in Duke Energy Corporation (NYSE:DUK) by 98% in Q1 2022 to 470,502 shares worth $45.389 million. In the same quarter, Jeffrey Talpins’ Element Capital Management added the company to its portfolio with 97,792 shares, valued at $9.43 million.

Duke Energy Corporation’s (NYSE:DUK) shares were held by 40 hedge funds at a combined value of $571.786 million in Q1 2022, compared to 33 hedge funds with a combined investment worth $495.101 million in the previous quarter.

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