Swiss Life Asset Management Sells Exelon Shares

Asset manager reduces stake in energy company by 35%

Mar. 21, 2026 at 9:54am

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Swiss Life Asset Management Ltd. lowered its position in Exelon Corporation (NASDAQ:EXC) by 35.0% in the 3rd quarter, according to the company's recent SEC filing. The fund now owns 232,949 shares of the energy company's stock, down from 358,183 shares previously.

Why it matters

This transaction reflects broader shifts in institutional investor sentiment around Exelon, as the company navigates the evolving energy landscape. The sale could signal concerns about Exelon's future performance or a reallocation of assets by the Swiss asset manager.

The details

Swiss Life Asset Management sold 125,234 shares of Exelon in the third quarter, reducing its total stake to 232,949 shares. The shares were valued at $10.5 million at the end of the reporting period. Other major investors, including CIBC Private Wealth Group and Asset Dedication LLC, also made changes to their Exelon holdings during the quarter.

  • The share sale occurred in the 3rd quarter of the reporting period.
  • Exelon's stock price ranged from $41.71 to $50.65 over the past 52 weeks.

The players

Swiss Life Asset Management Ltd

A Swiss-based asset management firm that oversees investments for institutional and retail clients.

Exelon Corporation

A Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company.

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The takeaway

This transaction highlights the shifting dynamics in the energy sector, as institutional investors reevaluate their positions in companies like Exelon. The sale could signal broader concerns about the company's long-term prospects or a strategic reallocation of assets by Swiss Life Asset Management.