ECP

Electron Capital Partners Portfolio holdings

AUM $1.4B

AUM

$1.4B

AUM Growth

-$336M (-19%)

Cap. Flow

-$16.7M

Cap. Flow % of AUM

-1.2%

Top 10 Holdings %Top 10 Hldgs %

71.54%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Exelon EXC	$117M
2	iShares 20+ Year Treasury Bond ETF TLT	$78.1M
3	Xcel Energy XEL	$65.8M
4	Air Products & Chemicals APD	$65.8M
5	Li Auto LI	$24.7M

Top Sells

1	GE Vernova GEV	$86.3M
2	PPL Corp PPL	$47.1M
3	Herc Holdings HRI	$44.2M
4	PG&E PCG	$44M
5	Edison International EIX	$40.9M

Sector Composition

1	Utilities	44.14%
2	Industrials	36.94%
3	Materials	7.38%
4	Consumer Discretionary	3.65%
5	Technology	2.31%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Fluence Energy FLNC $612M	$2.75M	0.18%	566,709 -704,078	-55%	-$3.41M
27	27 Vertiv VRT $41.3B	$2.05M	0.13%	28,384 +7,209	+34%	+$520K
28	28 GDS Holdings GDS $4.88B	$1.76M	0.12%	69,601	New	+$1.76M
29	29 Herc Holdings HRI $3.68B	$1.62M	0.11%	12,055 -328,894	-96%	-$44.2M
30	30 Nextracker NXT $8.11B	$1.13M	0.07%	26,807 -683	-2%	-$28.8K
31	HSAI 31 Hesai Group HSAI $2.67B	$946K	0.06%	63,911	New	+$946K
32	EH 32 EHang Holdings EH $1.18B	$752K	0.05%	36,000 +9,134	+34%	+$191K
33	33 Sunrun RUN $1.57B	$426K	0.03%	72,775 -1,283	-2%	-$7.52K
34	34 Shoals Technologies Group SHLS $721M	$361K	0.02%	108,838 +18,378	+20%	+$61K
35	35 Stem STEM $77M	$57.2K	0%	163,390 +32,313	+25%	+$11.3K
36	36 SES AI Corporation Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share SES.WS $44.6M	$13.3K	0%	239,752	–	–
37	WBX.WS 37 DELISTED Wallbox N.V. Warrants, each warrant to purchase one Class A Ordinary Share WBX.WS	$822	0%	24,557	–	–
38	38 Carrier Global CARR $61.2B	$0	0%	0 -736,019	Closed	–
39	39 Eastman Chemical EMN $9.41B	$0	0%	0 -306,286	Closed	–
40	40 Emerson Electric EMR $67.5B	$0	0%	0 -14,892	Closed	–
41	41 Enphase Energy ENPH $5.15B	$0	0%	0 -102,600	Closed	–
42	42 Eaton ETN $127B	$0	0%	0 -5,525	Closed	–
43	43 First Solar FSLR $16.7B	$0	0%	0 -1,381	Closed	–
44	44 Sunnova Energy NOVA $26.8M	$0	0%	0 -3,447,218	Closed	–
45	45 SPDR S&P 500 ETF Trust SPY $625B	$0	0%	0	–	–
46	46 Tesla TSLA $1.15T	$0	0%	0 -34,091	Closed	–
47	47 United Airlines UAL $25.7B	$0	0%	0 -555,075	Closed	–
48	48 US Steel X $12.1B	$0	0%	0 -363,714	Closed	–