Core Viewpoint - Soros Fund Management made significant adjustments to its investment portfolio in the fourth quarter, focusing on increasing exposure to tech giants while engaging in "buy high, sell low" strategies for energy and cryptocurrency stocks [1]. Group 1: Technology Sector Investments - The fund substantially increased its holdings in core technology stocks, including adding 161,000 shares of Microsoft (MSFT.US), 118,000 shares of Nvidia (NVDA.US), and approximately 66,000 shares of Apple [3]. - In the software and mobility sectors, the fund also increased its positions by acquiring approximately 216,000 shares of Atlassian (TEAM.US), 55,000 shares of Salesforce (CRM.US), and 119,000 shares of Uber (UBER.US) [3]. Group 2: Defensive and Growth Investments - In the defensive sector and consumer space, the fund increased its holdings in utility company Exelon (EXC.US) by approximately 488,000 shares and in gaming giant Electronic Arts (EA.US) by about 318,000 shares [3]. Group 3: Reduction in High Volatility and Financial Stocks - The fund reduced its positions in high-volatility and financial stocks, significantly cutting approximately 168,000 shares of Snowflake (SNOW.US) [4]. - It also reduced its holdings in Circle Internet Group (CRCL.US) by about 151,000 shares and in Interactive Brokers (IBKR.US) by approximately 813,000 shares, indicating a cautious stance towards the financial brokerage sector [5][6]. Group 4: New Positions and Exits - The fund opened new positions by purchasing gold-related assets such as New Gold (NGD.US) and established positions in DigitalBridge (DBRG.US), Blue Owl Capital (OWL.US), Exact Sciences (EXAS.US), and Xcel Energy (XEL.US) [7]. - It completely exited positions in KeyCorp (KEY.US), CareTrust REIT (CTRE.US), Cipher Mining (CIFR.US), and KKR & Co. (KKR.US), indicating a shift away from traditional banking and certain cryptocurrency mining stocks towards more stable or defensive sectors [7]. Group 5: Overall Strategy - The overall strategy of Soros Fund Management in the fourth quarter reflects a clear approach: embracing AI and core tech assets like Microsoft and Nvidia while avoiding high-volatility cloud and data companies like Snowflake, and hedging against macroeconomic uncertainties by investing in gold stocks. This "pick and choose" adjustment strategy highlights the pursuit of certainty and safety margins amid global economic uncertainties [7].

Exelon Corporation ( EXC ) just reported its Q4 and full-year results that pleased investors, as the company’s outlook is fueled by data center tailwinds and a massive increase in capex for the nextMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosure: ...

Core Viewpoint - Exelon Corporation (EXC) reported Q4 and full-year results that pleased investors, driven by data center tailwinds and a significant increase in capital expenditures for the upcoming year [1] Financial Performance - The company’s outlook is positively influenced by the growth in data centers, indicating a strong demand for energy services in this sector [1] Investment Strategy - The company is focusing on a long-term investment horizon, particularly targeting a 5-10 year timeframe, which aligns with its strategy of maintaining a balanced portfolio of growth, value, and dividend-paying stocks [1]

Core Insights - NextEra Energy Transmission and Exelon have received approval from the PJM Board for a proposed ~220-mile, 765-kV transmission line aimed at enhancing electric reliability and affordability in West Virginia, Pennsylvania, and the MidAtlantic region [1] Project Significance - The project addresses reliability risks and ensures long-term grid stability, which is crucial as electricity supply struggles to meet rising demand [1] - The PJM Board's decision indicates that localized upgrades are insufficient to tackle extraordinary demand growth, necessitating comprehensive solutions [1] Benefits of the Transmission Line - The project is expected to create good-paying jobs during construction and beyond [1] - It will attract industrial investment and promote economic development in the region [1] - The transmission line will ensure a supply of affordable electricity for families and small businesses [1] - It enables new generation sources to connect to the grid, adding critically-needed capacity to meet rising demand [1] Company Statements - Matt Valle, president of NextEra Energy Transmission, emphasized that the transmission line will provide long-term safe, reliable, and affordable power, benefiting both residents and the local economy [1] - Carim Khouzami, executive vice president of Exelon, highlighted the importance of this investment in meeting the energy needs of families and small businesses while maintaining customer affordability [1] Next Steps - NextEra Energy Transmission and Exelon plan to engage transparently with community members and hold open houses later this year to minimize impacts on landowners and the broader community [1] Company Profiles - NextEra Energy Transmission is a leading competitive transmission company in North America, operating over 3,100 miles of transmission lines across 18 states and Canada [1] - Exelon is a Fortune 200 company serving nearly 11 million customers through six regulated utilities, focusing on reliable and efficient energy delivery [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | Commission | Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal | IRS Employer | | --- | --- | --- | | File Number | Executive Offices; and Telephone Number | Identifi ...

Key Takeaways EXC Q4 EPS of 59 cents beat estimates, but revenues fell 1.1% year over year.Exelon utility earnings rose on higher rates, AFUDC at ComEd and favorable weather at PECO.EXC plans $41.3B in investments for 2026-2029 and guides 2026 EPS at $2.81-$2.91.Exelon Corporation’s (EXC) fourth-quarter 2025 earnings of 59 cents per share surpassed the Zacks Consensus Estimate of 53 cents by 11.3%. The bottom line decreased 7.8% from the year-ago level of 64 cents.Utility earnings were higher, primarily due ...

Exelon (NasdaqGS:EXC) Q4 2025 Earnings call February 12, 2026 10:00 AM ET Company ParticipantsCalvin Butler - President and CEOColette Honorable - EVP and CLOJeanne Jones - CFOPaul Zimbardo - Managing Director of Equity ResearchRyan Brown - VP of Investor RelationsShar Pourreza - Managing Director of Equity ResearchSteve Fleishman - Managing Director of Equity ResearchConference Call ParticipantsNicholas Campanella - Senior Equity Research AnalystOperatorHello, and welcome to Exelon's fourth quarter earning ...

Exelon (NasdaqGS:EXC) Q4 2025 Earnings call February 12, 2026 10:00 AM ET Company ParticipantsCalvin Butler - President and CEOColette Honorable - EVP and CLOJeanne Jones - CFOPaul Zimbardo - Managing Director of Equity ResearchRyan Brown - VP of Investor RelationsShar Pourreza - Managing Director of Equity ResearchSteve Fleishman - Managing Director of Equity ResearchConference Call ParticipantsNicholas Campanella - Senior Equity Research AnalystOperatorHello, and welcome to Exelon's fourth quarter earning ...

For the quarter ended December 2025, Exelon (EXC) reported revenue of $5.41 billion, down 1.1% over the same period last year. EPS came in at $0.59, compared to $0.64 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $5.54 billion, representing a surprise of -2.27%. The company delivered an EPS surprise of +11.74%, with the consensus EPS estimate being $0.53.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Exelon (NasdaqGS:EXC) Q4 2025 Earnings call February 12, 2026 10:00 AM ET Speaker4Hello, and welcome to Exelon's fourth quarter earnings call. My name is Gigi, and I'll be your event specialist today. All lines have been placed on mute to prevent any background noise. Please note that today's webcast is being recorded. During the presentation, we'll have a question and answer session. You can ask questions by pressing star one one on your telephone keypad. If you would like to view the presentation in a ful ...