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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
+14.21%
1 Year Est. Return
+21.16%
3 Year Est. Return
+58.79%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$145M
AUM Growth
+$66.7M
(+85%)
Cap. Flow
+$64.3M
Cap. Flow
% of AUM
44.33%
Top 10 Holdings %
Top 10 Hldgs %
99.42%
Holding
24
New
8
Increased
3
Reduced
–
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CenterPoint Energy
CNP
|
+$36M |
| 2 |
DTE Energy
DTE
|
+$21.2M |
| 3 |
Evergy
EVRG
|
+$19M |
| 4 |
NextEra Energy
NEE
|
+$15.6M |
| 5 |
Xcel Energy
XEL
|
+$9.76M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Southern Company
SO
|
+$24.7M |
| 2 |
AES
AES
|
+$20.3M |
| 3 |
Dominion Energy
D
|
+$9.87M |
| 4 |
NRG Energy
NRG
|
+$4.3M |
| 5 |
Entergy
ETR
|
+$2.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 92.01% |
| 2 | Technology | 7.42% |
| 3 | Industrials | 0.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
CenterPoint Energy
CNP
$29.1B
| $36.5M | 25.13% |
1,685,000
+1,625,000
| +2,708% | +$36M |
|
|
2
NextEra Energy
NEE
$187B
| $23.5M | 16.22% |
305,000
+209,000
| +218% | +$15.6M |
|
|
3
DTE Energy
DTE
$31.1B
| $20.8M | 14.31% |
+200,925
| New | +$21.2M |
|
|
4
Evergy
EVRG
$20.1B
| $19.2M | 13.24% |
+346,177
| New | +$19M |
|
5
Flex
FLEX
$43.4B
| $10.8M | 7.42% |
+794,399
| New | +$9.18M |
|
6
Sempra
SRE
$60.8B
| $10.1M | 6.96% |
158,504
+118,504
| +296% | +$7.62M |
|
|
7
Xcel Energy
XEL
$51B
| $9.33M | 6.43% |
+140,000
| New | +$9.76M |
|
8
NiSource
NI
$22.4B
| $8.95M | 6.17% |
+390,000
| New | +$9.12M |
|
9
Pinnacle West Capital
PNW
$12.9B
| $3.2M | 2.2% |
+40,000
| New | +$3.3M |
|
10
Stem
STEM
$49.2M
| $1.94M | 1.34% |
+4,750
| New | +$1.2M |
|
11
Eos Energy Enterprises
EOSE
$1.23B
| $835K | 0.58% |
+40,061
| New | +$517K |
|
12
American Electric Power
AEP
$73.7B
| – | – |
-20,000
| Closed | -$1.64M |
|
|
13
AES
AES
$10.6B
| – | – |
-1,118,907
| Closed | -$20.3M |
|
|
BLDP
14
Ballard Power Systems
BLDP
$874M
| – | – |
-39,091
| Closed | -$590K |
|
|
15
Dominion Energy
D
$62.5B
| – | – |
-125,000
| Closed | -$9.87M |
|
16
Enphase Energy
ENPH
$4.84B
| – | – |
-3,906
| Closed | -$323K |
|
|
17
Entergy
ETR
$54.1B
| – | – |
-50,000
| Closed | -$2.46M |
|
18
Generac Holdings
GNRC
$11.9B
| – | – |
-3,204
| Closed | -$620K |
|
|
19
NRG Energy
NRG
$29.8B
| – | – |
-140,000
| Closed | -$4.3M |
|
20
OGE Energy
OGE
$10.3B
| – | – |
-50,000
| Closed | -$1.5M |
|
21
SolarEdge
SEDG
$2.59B
| – | – |
-1,396
| Closed | -$333K |
|
|
22
Southern Company
SO
$110B
| – | – |
-455,000
| Closed | -$24.7M |
|
|
TPIC
23
DELISTED
TPI Composites
TPIC
| – | – |
-21,442
| Closed | -$621K |
|
|
AGR
24
DELISTED
Avangrid, Inc.
AGR
| – | – |
-20,000
| Closed | -$1.01M |
|
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LNZ Capital's Q4 2020 Portfolio in Review
As of Q4 2020, LNZ Capital held 24 positions worth $145M, up 85% from $78.4M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
LNZ Capital deployed $64.3M of net new capital in Q4 2020, opening 8 new positions and adding to 3 existing holdings. Its largest new stake was DTE Energy: 200,925 shares worth $20.8M.
By sector, the portfolio is most concentrated in Utilities at 92% of assets, down from 97% a quarter earlier, followed by Technology and Industrials.
On the sell side, the most notable exit was Southern Company, an estimated $24.7M sold.
- LNZ Capital's largest Q4 2020 buy was DTE Energy: 200,925 shares worth $20.8M.
- LNZ Capital added most to CenterPoint Energy in Q4 2020, an estimated $36M increase.
- LNZ Capital fully exited Southern Company in Q4 2020, selling an estimated $24.7M.
- LNZ Capital's ten largest holdings make up 99% of its $145M portfolio in Q4 2020.
- LNZ Capital opened 8 new positions and closed 13 in Q4 2020.
- LNZ Capital's portfolio value rose 85% quarter-over-quarter to $145M.
Based on LNZ Capital's 13F filing for Q4 2020, filed 16 Feb 2021.