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LNZ Capital Portfolio holdings
AUM
$136M
1-Year Est. Return
21.16%
This Fund
S&P 500
This Quarter
Est. Return
+10.34%
1 Year Est. Return
+21.16%
3 Year Est. Return
+58.79%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$78.4M
AUM Growth
-$58.5M
(-43%)
Cap. Flow
-$62.3M
Cap. Flow
% of AUM
-79.44%
Top 10 Holdings %
Top 10 Hldgs %
95.54%
Holding
27
New
12
Increased
2
Reduced
2
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Southern Company
SO
|
+$24.3M |
| 2 |
AES
AES
|
+$18.7M |
| 3 |
Dominion Energy
D
|
+$9.82M |
| 4 |
NextEra Energy
NEE
|
+$4.14M |
| 5 |
Sempra
SRE
|
+$2.46M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FirstEnergy
FE
|
+$26.1M |
| 2 |
Entergy
ETR
|
+$24.5M |
| 3 |
Ameren
AEE
|
+$17.6M |
| 4 |
NiSource
NI
|
+$17.1M |
| 5 |
Eversource Energy
ES
|
+$9.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 96.83% |
| 2 | Industrials | 2.34% |
| 3 | Technology | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vistra
VST
$48.2B
| – | – |
-120,000
| Closed | -$2.23M |
|
27
Xcel Energy
XEL
$49.2B
| – | – |
-70,000
| Closed | -$4.38M |
|
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LNZ Capital's Q3 2020 Portfolio in Review
As of Q3 2020, LNZ Capital held 27 positions worth $78.4M, down 43% from $137M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
LNZ Capital withdrew a net $62.3M in Q3 2020, closing 11 positions and reducing 2 holdings. Its most notable exit was FirstEnergy, an estimated $26.1M position sold in full.
By sector, the portfolio is most concentrated in Utilities at 97% of assets, down from 100% a quarter earlier, followed by Industrials and Technology.
Against the trend, LNZ Capital opened a new position in Southern Company worth $24.7M.
- LNZ Capital's largest Q3 2020 buy was Southern Company: 455,000 shares worth $24.7M.
- LNZ Capital added most to NextEra Energy in Q3 2020, an estimated $4.14M increase.
- LNZ Capital's biggest Q3 2020 reduction was Entergy, cutting an estimated $24.5M.
- LNZ Capital fully exited FirstEnergy in Q3 2020, selling an estimated $26.1M.
- LNZ Capital's ten largest holdings make up 96% of its $78.4M portfolio in Q3 2020.
- LNZ Capital opened 12 new positions and closed 11 in Q3 2020.
- LNZ Capital's portfolio value fell 43% quarter-over-quarter to $78.4M.
Based on LNZ Capital's 13F filing for Q3 2020, filed 16 Nov 2020.