We are live on ! Find out more
BC

Blackstart Capital Portfolio holdings

AUM $151M
1-Year Est. Return 14.01%
This Fund
S&P 500
This Quarter Est. Return
+11.02%
1 Year Est. Return
-14.01%
3 Year Est. Return
+9%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$448M
AUM Growth
-$24.3M
Cap. Flow
-$66.2M
Cap. Flow %
-14.79%
Top 10 Hldgs %
72.74%
Holding
27
New
3
Increased
10
Reduced
6
Closed
8

Top Buys

Rank Stock Value
1
DUK icon
Duke Energy
DUK
+$26.3M
2
XEL icon
Xcel Energy
XEL
+$25M
3
CWEN icon
Clearway Energy Class C
CWEN
+$9.93M
4
LNG icon
Cheniere Energy
LNG
+$9.7M
5
AY
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
+$7.09M

Top Sells

Rank Stock Value
1
ED icon
Consolidated Edison
ED
+$22.5M
2
HE icon
Hawaiian Electric Industries
HE
+$19.2M
3
WMB icon
Williams Companies
WMB
+$17.2M
4
PNW icon
Pinnacle West Capital
PNW
+$16.1M
5
FE icon
FirstEnergy
FE
+$15.9M

Sector Composition

Rank Sector Weight
1 Utilities 89.71%
2 Energy 10.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XIFR
26
XPLR Infrastructure LP
XIFR
$1.11B
– –
-352,435
Closed -$15.2M
EE
27
DELISTED
El Paso Electric Company
EE
– –
-203,552
Closed -$10.2M
1
2

Similar funds

JT
Jump Trading Chicago, Illinois $150M AUM 17.61% 1-Year Est. Return
LI
Leap Investments Chicago, Illinois $152M AUM 3.6% 1-Year Est. Return
SCM
Stellar Capital Management Phoenix, Arizona $147M AUM 5.91% 1-Year Est. Return
SC
Stralem & Co New York $157M AUM 4.29% 1-Year Est. Return
CCM
Cloverdale Capital Management Dallas, Texas $135M AUM 13.89% 1-Year Est. Return
HF
Hellman & Friedman San Francisco, California $169M AUM
CCM
Castine Capital Management Boston, Massachusetts $129M AUM 23.45% 1-Year Est. Return
LM
Legg Mason Baltimore, Maryland $127M AUM 6.76% 1-Year Est. Return

Blackstart Capital's Q1 2019 Portfolio in Review

As of Q1 2019, Blackstart Capital held 27 positions worth $448M, down 5.1% from $472M the previous quarter. Its ten largest holdings account for 73% of the portfolio.

Blackstart Capital withdrew a net $66.2M in Q1 2019, closing 8 positions and reducing 6 holdings. Its most notable exit was Consolidated Edison, an estimated $22.5M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 90% of assets, up from 89% a quarter earlier, followed by Energy.

Against the trend, Blackstart Capital opened a new position in Xcel Energy worth $26.5M.

  • Blackstart Capital's largest Q1 2019 buy was Xcel Energy: 470,604 shares worth $26.5M.
  • Blackstart Capital added most to Duke Energy in Q1 2019, an estimated $26.3M increase.
  • Blackstart Capital's biggest Q1 2019 reduction was FirstEnergy, cutting an estimated $15.9M.
  • Blackstart Capital fully exited Consolidated Edison in Q1 2019, selling an estimated $22.5M.
  • Blackstart Capital's ten largest holdings make up 73% of its $448M portfolio in Q1 2019.
  • Blackstart Capital opened 3 new positions and closed 8 in Q1 2019.
  • Blackstart Capital's portfolio value fell 5.1% quarter-over-quarter to $448M.

Based on Blackstart Capital's 13F filing for Q1 2019, filed 15 May 2019.