Archived thesis
Historical analysis, first published . It records the reasoning at the time, is not a current recommendation, and is no longer updated. All archived theses
GEV · Equity · Power GenerationExited
GE Vernova
Historical view
This position has been exited. The thesis is kept as a record of the reasoning at the time and is not maintained as current research. See its decisions.
Investment case
Exited in favor of more focused nuclear exposure
This was never a large position. Constellation was preferred as a more direct way to hold the same view.
GE Vernova sells equipment across several generation technologies, so a view specifically about nuclear economics arrives diluted. Rotating into an operator of existing reactors expressed that view without the rest.
Related decisions
Sources and revisions
- Holdings snapshot: October 16, 2026
- The analysis and views are Isaac Toffel's own.
Text revisions: Aug 20, 2026.