Entropy Technologies LP Buys $5.2M Stake in Consolidated Edison

Hedge fund adds 52,216 shares of the New York utility company to its portfolio.

Mar. 13, 2026 at 9:09am

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Entropy Technologies LP, a hedge fund, purchased a new stake of 52,216 shares in Consolidated Edison Inc. (NYSE:ED) during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The stake is valued at approximately $5.2 million.

Why it matters

Consolidated Edison is one of the largest utility providers in the New York metropolitan area, delivering electricity, natural gas, and steam to millions of customers. The investment by Entropy Technologies suggests the hedge fund sees growth potential in the company's regulated utility operations and energy infrastructure projects.

The details

Entropy Technologies LP added the 52,216 shares of Consolidated Edison to its portfolio in the third quarter. The purchase represents a new stake for the hedge fund in the utility company. Other major institutional investors, including Vanguard Group and Geode Capital Management, also hold significant positions in Consolidated Edison.

  • Entropy Technologies LP purchased the 52,216 shares of Consolidated Edison during the third quarter of 2026.

The players

Entropy Technologies LP

A hedge fund that purchased a new stake of 52,216 shares in Consolidated Edison Inc.

Consolidated Edison Inc.

A major utility company that delivers electricity, natural gas, and steam to customers in the New York metropolitan area.

Vanguard Group

A large institutional investor that holds a significant position in Consolidated Edison.

Geode Capital Management LLC

An institutional investor that also holds a significant position in Consolidated Edison.

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The takeaway

The investment by Entropy Technologies LP in Consolidated Edison reflects the hedge fund's confidence in the utility company's ability to generate steady returns for its shareholders through its regulated operations and infrastructure projects in the New York region.