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LM
Luminus Management Portfolio holdings
AUM
$166M
1-Year Est. Return
75.95%
This Fund
S&P 500
This Quarter
Est. Return
-6.28%
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
$3.45B
AUM Growth
-$716M
(-17%)
Cap. Flow
-$471M
Cap. Flow
% of AUM
-13.63%
Top 10 Holdings %
Top 10 Hldgs %
40.23%
Holding
144
New
30
Increased
33
Reduced
37
Closed
41
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$102M |
| 2 |
NextEra Energy
NEE
|
+$79.5M |
| 3 |
Quanta Services
PWR
|
+$59.8M |
| 4 |
VAL
Valaris plc Class A Ordinary Share
VAL
|
+$47.8M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$40.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NRG Energy
NRG
|
+$126M |
| 2 |
Entergy
ETR
|
+$102M |
| 3 |
TechnipFMC
FTI
|
+$79.4M |
| 4 |
ESV
Ensco Rowan plc
ESV
|
+$75.8M |
| 5 |
Air Products & Chemicals
APD
|
+$73.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 25.14% |
| 2 | Utilities | 22.56% |
| 3 | Industrials | 17.56% |
| 4 | Materials | 17.17% |
| 5 | Technology | 2.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $64K | ﹤0.01% |
820
-54,435
| -99% | -$4.18M |
|
|
REGI
102
DELISTED
Renewable Energy Group, Inc.
REGI
| $28K | ﹤0.01% |
+1,835
| New | +$25.3K |
|
103
CALL
Ashland
ASH
$3.04B
| – | – |
-150,000
| Closed | -$12M |
|
104
Caterpillar
CAT
$409B
| – | – |
-35,413
| Closed | -$4.83M |
|
105
Chemours
CC
$2.59B
| – | – |
-524,175
| Closed | -$12.6M |
|
106
CenterPoint Energy
CNP
$29.1B
| – | – |
-1,823,841
| Closed | -$52.2M |
|
107
Deere & Co
DE
$170B
| – | – |
-5,300
| Closed | -$878K |
|
108
HF Sinclair
DINO
$15.9B
| – | – |
-538,587
| Closed | -$24.9M |
|
109
Duke Energy
DUK
$102B
| – | – |
-154,300
| Closed | -$13.6M |
|
110
Eversource Energy
ES
$28.2B
| – | – |
-391,104
| Closed | -$29.6M |
|
111
Fluor
FLR
$7.29B
| – | – |
-801,800
| Closed | -$27M |
|
|
112
TechnipFMC
FTI
$30.6B
| – | – |
-4,114,079
| Closed | -$79.4M |
|
113
HUTCHMED
HCM
$1.89B
| – | – |
-600,000
| Closed | -$13.2M |
|
114
Laureate Education
LAUR
$5.18B
| – | – |
-542,509
| Closed | -$8.52M |
|
115
Moderna
MRNA
$21.5B
| – | – |
-693,832
| Closed | -$10.2M |
|
|
NAK
116
Northern Dynasty Minerals
NAK
$885M
| – | – |
-1,961,112
| Closed | -$1.18M |
|
|
NSA
117
DELISTED
National Storage Affiliates Trust
NSA
| – | – |
-336,287
| Closed | -$9.73M |
|
118
Nutrien
NTR
$32.7B
| – | – |
-50,000
| Closed | -$2.67M |
|
119
OR Royalties Inc
OR
$5.47B
| – | – |
-1,124,387
| Closed | -$11.7M |
|
120
Pinduoduo
PDD
$118B
| – | – |
-539,254
| Closed | -$11.1M |
|
121
Phillips 66
PSX
$82.9B
| – | – |
-105,251
| Closed | -$9.85M |
|
122
Rockwell Medical
RMTI
$26.2M
| – | – |
-3,844
| Closed | -$1.27M |
|
123
Reliance Steel & Aluminium
RS
$20.8B
| – | – |
-240,146
| Closed | -$22.7M |
|
124
PUT
Sociedad Química y Minera de Chile
SQM
$19.6B
| – | – |
-15,500
| Closed | -$482K |
|
125
Steel Dynamics
STLD
$35.6B
| – | – |
-43,300
| Closed | -$1.31M |
|
Similar funds
SHC
TLM
E3F
MCM
FOFP
OO
GC
CFG
Luminus Management's Q3 2019 Portfolio in Review
As of Q3 2019, Luminus Management held 144 positions worth $3.45B, down 17% from $4.17B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Luminus Management withdrew a net $471M in Q3 2019, closing 41 positions and reducing 37 holdings. Its most notable exit was TechnipFMC, an estimated $79.4M position sold in full.
By sector, the portfolio is most concentrated in Energy at 25% of assets, down from 25% a quarter earlier, followed by Utilities and Industrials.
Against the trend, Luminus Management opened a new position in Quanta Services worth $62.5M.
- Luminus Management's largest Q3 2019 buy was Quanta Services: 1,654,571 shares worth $62.5M.
- Luminus Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2019, an estimated $102M increase.
- Luminus Management's biggest Q3 2019 reduction was NRG Energy, cutting an estimated $126M.
- Luminus Management fully exited TechnipFMC in Q3 2019, selling an estimated $79.4M.
- Luminus Management's ten largest holdings make up 40% of its $3.45B portfolio in Q3 2019.
- Luminus Management opened 30 new positions and closed 41 in Q3 2019.
- Luminus Management's portfolio value fell 17% quarter-over-quarter to $3.45B.
Based on Luminus Management's 13F filing for Q3 2019, filed 14 Nov 2019.