We are live on
!
Find out more
LM
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 | |
|---|---|---|---|---|---|---|
76
Landstar System
LSTR
$6.8B
| – | – |
-61,400
| Closed | -$5.89M |
|
77
Ramaco Resources Class A
METC
$676M
| – | – |
-64,476
| Closed | -$149K |
|
78
Marathon Petroleum
MPC
$90.3B
| – | – |
-762,342
| Closed | -$18M |
|
|
79
NRG Energy
NRG
$29.8B
| – | – |
-1,113,030
| Closed | -$30.3M |
|
80
nVent Electric
NVT
$24.5B
| – | – |
-83,253
| Closed | -$1.4M |
|
81
Orion
OEC
$394M
| – | – |
-985,000
| Closed | -$7.35M |
|
82
Plains GP Holdings
PAGP
$5.23B
| – | – |
-746,032
| Closed | -$4.18M |
|
83
Phillips 66
PSX
$82.9B
| – | – |
-335,180
| Closed | -$18M |
|
84
Patterson-UTI
PTEN
$3.87B
| – | – |
-1,640,000
| Closed | -$3.85M |
|
85
Quanta Services
PWR
$93.9B
| – | – |
-151,270
| Closed | -$4.8M |
|
|
RAPT
86
DELISTED
RAPT Therapeutics
RAPT
| – | – |
-33,409
| Closed | -$5.68M |
|
87
Transocean
RIG
$5.92B
| – | – |
-13,961,593
| Closed | -$16.2M |
|
88
Rockwell Automation
ROK
$51.4B
| – | – |
-18,113
| Closed | -$2.73M |
|
89
Reliance Steel & Aluminium
RS
$20.8B
| – | – |
-204,900
| Closed | -$17.9M |
|
90
Rayonier Advanced Materials
RYAM
$565M
| – | – |
-1,025,000
| Closed | -$1.09M |
|
|
RYZ
91
Ryerson Holding Corp
RYZ
$1.6B
| – | – |
-7,500
| Closed | -$40K |
|
92
Saia
SAIA
$11.3B
| – | – |
-246,200
| Closed | -$18.1M |
|
93
SolarEdge
SEDG
$2.59B
| – | – |
-65,500
| Closed | -$8.01M |
|
94
Sociedad Química y Minera de Chile
SQM
$19.6B
| – | – |
-299,600
| Closed | -$6.76M |
|
95
Trinity Industries
TRN
$2.97B
| – | – |
-685,300
| Closed | -$11M |
|
96
Tenaris
TS
$29.1B
| – | – |
-1,663,674
| Closed | -$20M |
|
97
Valero Energy
VLO
$89.8B
| – | – |
-53,366
| Closed | -$2.42M |
|
|
VTLE
98
DELISTED
Vital Energy
VTLE
| – | – |
-188,556
| Closed | -$1.43M |
|
|
99
Werner Enterprises
WERN
$2.54B
| – | – |
-694,225
| Closed | -$25.2M |
|
100
Wendy's
WEN
$1.33B
| – | – |
-68,190
| Closed | -$1.01M |
|
Similar funds
SHC
TLM
E3F
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.