TB Alternative Assets Sells CEG Stake Amid Market Shifts

The SEC filing, dated October 17, 2025, reveals a quiet retreat. The shares, sold at an average price, left a void in the fund’s portfolio. Once a prominent 9.8% of its holdings, Constellation Energy now ranks 13th among 48, a testament to the fickle nature of capital. The market, ever fickle, saw CEG’s shares climb 41.7% over the year, yet the decision to sell suggests a deeper unease.

