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Luminus Management Portfolio holdings
AUM
$166M
1-Year Est. Return
75.95%
This Fund
S&P 500
This Quarter
Est. Return
+25.25%
1 Year Est. Return
+75.95%
3 Year Est. Return
-13.12%
5 Year Est. Return
+27.92%
10 Year Est. Return
+125.71%
AUM
$771M
AUM Growth
-$197M
(-20%)
Cap. Flow
-$296M
Cap. Flow
% of AUM
-38.42%
Top 10 Holdings %
Top 10 Hldgs %
72.04%
Holding
118
New
18
Increased
5
Reduced
13
Closed
73
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PG&E
PCG
|
+$117M |
| 2 |
Suncor Energy
SU
|
+$81.2M |
| 3 |
Canadian Natural Resources
CNQ
|
+$77.5M |
| 4 |
Enbridge
ENB
|
+$33.8M |
| 5 |
TC Energy
TRP
|
+$28.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FirstEnergy
FE
|
+$33M |
| 2 |
NRG Energy
NRG
|
+$30.3M |
| 3 |
Albemarle
ALB
|
+$25.4M |
| 4 |
Werner Enterprises
WERN
|
+$25.2M |
| 5 |
Vistra
VST
|
+$23.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 42.09% |
| 2 | Industrials | 19.16% |
| 3 | Utilities | 12.91% |
| 4 | Materials | 9.63% |
| 5 | Healthcare | 3.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Chord Energy
CHRD
$7.79B
| – | – |
-895,692
| Closed | -$313K |
|
52
Core Laboratories
CLB
$538M
| – | – |
-599,166
| Closed | -$6.2M |
|
53
CMS Energy
CMS
$23.1B
| – | – |
-320,439
| Closed | -$18.8M |
|
54
Cenovus Energy
CVE
$54.6B
| – | – |
-6,582,622
| Closed | -$13.3M |
|
55
DNOW Inc
DNOW
$2.63B
| – | – |
-2,120,100
| Closed | -$10.9M |
|
56
Dynatrace
DT
$12.1B
| – | – |
-200,000
| Closed | -$4.77M |
|
57
DTE Energy
DTE
$31.1B
| – | – |
-11,722
| Closed | -$947K |
|
58
Duke Energy
DUK
$102B
| – | – |
-53,127
| Closed | -$4.3M |
|
59
Devon Energy
DVN
$51.9B
| – | – |
-973,917
| Closed | -$6.73M |
|
|
EB
60
DELISTED
Eventbrite
EB
| – | – |
-765,000
| Closed | -$5.58M |
|
61
Ecopetrol
EC
$32.9B
| – | – |
-680,300
| Closed | -$6.47M |
|
62
EQT Corp
EQT
$33.2B
| – | – |
-25,000
| Closed | -$177K |
|
|
63
FirstEnergy
FE
$28.9B
| – | – |
-823,406
| Closed | -$33M |
|
64
Flowserve
FLS
$9.25B
| – | – |
-29,800
| Closed | -$712K |
|
65
FMC
FMC
$1.42B
| – | – |
-27,200
| Closed | -$2.22M |
|
66
First Solar
FSLR
$21.8B
| – | – |
-138,559
| Closed | -$5M |
|
67
Fortive
FTV
$19B
| – | – |
-448,320
| Closed | -$15.6M |
|
68
H.B. Fuller
FUL
$3B
| – | – |
-463,209
| Closed | -$12.9M |
|
69
Gerdau
GGB
$9.44B
| – | – |
-12,155,850
| Closed | -$18.4M |
|
70
Independence Realty Trust
IRT
$3.92B
| – | – |
-640,000
| Closed | -$5.72M |
|
71
iShares US Home Construction ETF
ITB
$2.41B
| – | – |
-179,400
| Closed | -$5.19M |
|
|
JKS
72
JinkoSolar
JKS
$775M
| – | – |
-919,696
| Closed | -$13.7M |
|
73
Kirby Corp
KEX
$7.95B
| – | – |
-351,600
| Closed | -$15.3M |
|
74
KRONOS Worldwide
KRO
$761M
| – | – |
-1,297,000
| Closed | -$10.9M |
|
75
Linde
LIN
$237B
| – | – |
-66,700
| Closed | -$11.5M |
|
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MCM
FOFP
OO
GC
CFG
Luminus Management's Q2 2020 Portfolio in Review
As of Q2 2020, Luminus Management held 118 positions worth $771M, down 20% from $968M the previous quarter. Its ten largest holdings account for 72% of the portfolio.
Luminus Management withdrew a net $296M in Q2 2020, closing 73 positions and reducing 13 holdings. Its most notable exit was FirstEnergy, an estimated $33M position sold in full.
By sector, the portfolio is most concentrated in Energy at 42% of assets, up from 22% a quarter earlier, followed by Industrials and Utilities.
Against the trend, Luminus Management opened a new position in PG&E worth $95.5M.
- Luminus Management's largest Q2 2020 buy was PG&E: 10,768,706 shares worth $95.5M.
- Luminus Management added most to Ashland in Q2 2020, an estimated $11.4M increase.
- Luminus Management's biggest Q2 2020 reduction was Vistra, cutting an estimated $23.3M.
- Luminus Management fully exited FirstEnergy in Q2 2020, selling an estimated $33M.
- Luminus Management's ten largest holdings make up 72% of its $771M portfolio in Q2 2020.
- Luminus Management opened 18 new positions and closed 73 in Q2 2020.
- Luminus Management's portfolio value fell 20% quarter-over-quarter to $771M.
Based on Luminus Management's 13F filing for Q2 2020, filed 14 Aug 2020.