In this article, let's take a look at Scana Corp. (SCG), a $7.72 billion market cap South Carolina corporation that is engaged in the generation, transmission, distribution and sale of electricity to retail and wholesale customers and the purchase, sale and transportation of natural gas to retail customers. Hedge fund activity Jim Simons (Trades, Portfolio) is the largest shareholder of the stock with a stake containing 577,200 shares valued at $29.2 billion. The guru has increased his position by 276% in the second quarter. Meanwhile the stock has plummeted 9% in that period. Hedge fund guru David Dreman (Trades, Portfolio) bought 4,657 shares of the stock in the second quarter. On the other hand, Mario Gabelli (Trades, Portfolio) and Paul Tudor Jones (Trades, Portfolio) have reduced the stock by 13.89% and 31.32%, respectively. Doubling size The company has a diversified portfolio of power generation capabilities with assets in coal, natural gas, nuclear and renewables. In the past, regulators have granted the highest allowed returns, and this was crucial to reach 6% annual earnings growth in the period 2010-14. The company deploys capital to the nuclear investment, about $1.5 billion annually until 2017. It expects... More