We are live on
!
Find out more
LC
LNZ Capital Portfolio holdings
AUM
$136M
1-Year Est. Return
21.16%
This Fund
S&P 500
This Quarter
Est. Return
+7.21%
1 Year Est. Return
+21.16%
3 Year Est. Return
+58.79%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$634M
AUM Growth
-$27.8M
(-4.2%)
Cap. Flow
-$68.2M
Cap. Flow
% of AUM
-10.75%
Top 10 Holdings %
Top 10 Hldgs %
83.76%
Holding
39
New
11
Increased
4
Reduced
3
Closed
21
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$84.7M |
| 2 |
Exelon
EXC
|
+$41.6M |
| 3 |
CMS Energy
CMS
|
+$40.3M |
| 4 |
Pinnacle West Capital
PNW
|
+$39.4M |
| 5 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$26.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$93.9M |
| 2 |
Alerian MLP ETF
AMLP
|
+$47.5M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$41.5M |
| 4 |
PG&E
PCG
|
+$38.8M |
| 5 |
Public Service Enterprise Group
PEG
|
+$24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 76.24% |
| 2 | Energy | 5.6% |
| 3 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Exelon
EXC
$47.3B
| $102M | 16.06% |
3,928,633
+1,682,243
| +75% | +$41.6M |
|
|
2
NextEra Energy
NEE
$185B
| $91.9M | 14.49% |
+2,820,000
| New | +$84.7M |
|
3
Sempra
SRE
$60.3B
| $84.2M | 13.27% |
1,476,748
-352,056
| -19% | -$18.6M |
|
|
4
CMS Energy
CMS
$22.8B
| $44M | 6.94% |
+960,000
| New | +$40.3M |
|
|
5
Pinnacle West Capital
PNW
$13.1B
| $42.9M | 6.76% |
+528,910
| New | +$39.4M |
|
|
6
PG&E
PCG
$38.1B
| $40.9M | 6.44% |
639,091
-648,627
| -50% | -$38.8M |
|
|
SE
7
DELISTED
Spectra Energy Corp Wi
SE
| $39.9M | 6.29% |
1,090,000
+457,600
| +72% | +$14.6M |
|
8
State Street Energy Select Sector SPDR ETF
XLE
$38.2B
| $34.1M | 5.38% |
1,000,000
+721,000
| +258% | +$23.8M |
|
|
9
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.3B
| $25.9M | 4.09% |
+664,000
| New | +$26.1M |
|
10
American Electric Power
AEP
$71.9B
| $25.6M | 4.03% |
+365,000
| New | +$23.9M |
|
|
CPGX
11
DELISTED
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
| $24.1M | 3.79% |
+943,827
| New | +$24M |
|
12
CenterPoint Energy
CNP
$28.2B
| $23.8M | 3.75% |
+990,000
| New | +$21.9M |
|
|
SCG
13
DELISTED
Scana
SCG
| $21.6M | 3.4% |
285,000
+126,816
| +80% | +$8.88M |
|
|
GXP
14
DELISTED
Great Plains Energy Incorporated
GXP
| $15.3M | 2.4% |
+501,801
| New | +$15.4M |
|
15
Marathon Petroleum
MPC
$91.3B
| $8.9M | 1.4% |
+234,375
| New | +$8.61M |
|
16
Southern Company
SO
$107B
| $6.97M | 1.1% |
130,000
-17,721
| -12% | -$891K |
|
|
ANDV
17
DELISTED
Andeavor
ANDV
| $1.59M | 0.25% |
+21,250
| New | +$1.69M |
|
18
PBF Energy
PBF
$7.42B
| $951K | 0.15% |
+40,000
| New | +$1.15M |
|
|
19
Ameren
AEE
$30.9B
| – | – |
-1,873,815
| Closed | -$93.9M |
|
|
20
Alerian MLP ETF
AMLP
$12.7B
| – | – |
-870,000
| Closed | -$47.5M |
|
21
APA Corp
APA
$12.4B
| – | – |
-280,000
| Closed | -$13.7M |
|
22
ConocoPhillips
COP
$140B
| – | – |
-380,000
| Closed | -$15.3M |
|
23
DTE Energy
DTE
$30.8B
| – | – |
-262,252
| Closed | -$20.2M |
|
24
Edison International
EIX
$29.9B
| – | – |
-100,000
| Closed | -$7.19M |
|
25
Eversource Energy
ES
$28.1B
| – | – |
-65,300
| Closed | -$3.81M |
|
Similar funds
EC
FMC
TI
C
AAM
PIG
MSO
JFS
LNZ Capital's Q2 2016 Portfolio in Review
As of Q2 2016, LNZ Capital held 39 positions worth $634M, down 4.2% from $662M the previous quarter. Its ten largest holdings account for 84% of the portfolio.
LNZ Capital withdrew a net $68.2M in Q2 2016, closing 21 positions and reducing 3 holdings. Its most notable exit was Ameren, an estimated $93.9M position sold in full.
By sector, the portfolio is most concentrated in Utilities at 76% of assets, up from 61% a quarter earlier, followed by Energy and Real Estate.
Against the trend, LNZ Capital opened a new position in NextEra Energy worth $91.9M.
- LNZ Capital's largest Q2 2016 buy was NextEra Energy: 2,820,000 shares worth $91.9M.
- LNZ Capital added most to Exelon in Q2 2016, an estimated $41.6M increase.
- LNZ Capital's biggest Q2 2016 reduction was PG&E, cutting an estimated $38.8M.
- LNZ Capital fully exited Ameren in Q2 2016, selling an estimated $93.9M.
- LNZ Capital's ten largest holdings make up 84% of its $634M portfolio in Q2 2016.
- LNZ Capital opened 11 new positions and closed 21 in Q2 2016.
- LNZ Capital's portfolio value fell 4.2% quarter-over-quarter to $634M.
Based on LNZ Capital's 13F filing for Q2 2016, filed 15 Aug 2016.