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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
-35.02%
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
$968M
AUM Growth
-$1.43B
(-60%)
Cap. Flow
-$581M
Cap. Flow
% of AUM
-60.02%
Top 10 Holdings %
Top 10 Hldgs %
34.4%
Holding
142
New
48
Increased
13
Reduced
31
Closed
42
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$63.3M |
| 2 |
Old Dominion Freight Line
ODFL
|
+$52.1M |
| 3 |
Gerdau
GGB
|
+$38.5M |
| 4 |
NRG Energy
NRG
|
+$38.3M |
| 5 |
Battalion Oil
BATL
|
+$36.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FirstEnergy
FE
|
+$71.9M |
| 2 |
Air Products & Chemicals
APD
|
+$71.7M |
| 3 |
Aecom
ACM
|
+$55.5M |
| 4 |
NextEra Energy
NEE
|
+$41.8M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 23.48% |
| 2 | Materials | 23.45% |
| 3 | Energy | 22.12% |
| 4 | Utilities | 11.42% |
| 5 | Technology | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Adecoagro
AGRO
$1.53B
| – | – |
-160,837
| Closed | -$1.35M |
|
102
APA Corp
APA
$12.8B
| – | – |
-38,000
| Closed | -$972K |
|
103
Atmos Energy
ATO
$29.9B
| – | – |
-214,809
| Closed | -$24M |
|
104
Avient
AVNT
$3.45B
| – | – |
-404,700
| Closed | -$14.9M |
|
105
Caterpillar
CAT
$409B
| – | – |
-61,452
| Closed | -$9.07M |
|
106
Commercial Metals
CMC
$7.63B
| – | – |
-9,581
| Closed | -$213K |
|
|
CTRA
107
DELISTED
Coterra Energy
CTRA
| – | – |
-50,000
| Closed | -$871K |
|
108
Deere & Co
DE
$170B
| – | – |
-51,700
| Closed | -$8.96M |
|
109
Ecolab
ECL
$75.6B
| – | – |
-124,512
| Closed | -$24M |
|
110
Emerson Electric
EMR
$82.9B
| – | – |
-95,945
| Closed | -$7.32M |
|
111
Green Plains
GPRE
$1.19B
| – | – |
-135,931
| Closed | -$2.1M |
|
112
Hecla Mining
HL
$10.2B
| – | – |
-3,600,000
| Closed | -$12.2M |
|
113
Ingredion
INGR
$6.38B
| – | – |
-10,000
| Closed | -$930K |
|
114
Knight Transportation
KNX
$11.8B
| – | – |
-572,216
| Closed | -$20.5M |
|
115
Madrigal Pharmaceuticals
MDGL
$12.6B
| – | – |
-122,833
| Closed | -$11.2M |
|
116
3M
MMM
$89B
| – | – |
-72,956
| Closed | -$10.8M |
|
|
MRC
117
DELISTED
MRC Global
MRC
| – | – |
-524,313
| Closed | -$7.15M |
|
|
118
NextEra Energy
NEE
$187B
| – | – |
-689,640
| Closed | -$41.8M |
|
119
Nutrien
NTR
$32.7B
| – | – |
-124,152
| Closed | -$5.95M |
|
120
PBF Energy
PBF
$7.29B
| – | – |
-207,933
| Closed | -$6.52M |
|
|
PPL
121
PPL Corp
PPL
$27.3B
| – | – |
-510,824
| Closed | -$18.3M |
|
122
Rio Tinto
RIO
$148B
| – | – |
-89,000
| Closed | -$5.28M |
|
123
RTX Corp
RTX
$287B
| – | – |
-330,688
| Closed | -$31.2M |
|
124
Sprout Social
SPT
$455M
| – | – |
-395,000
| Closed | -$6.34M |
|
125
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| – | – |
-1,077,900
| Closed | -$347M |
|
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Luminus Management's Q1 2020 Portfolio in Review
As of Q1 2020, Luminus Management held 142 positions worth $968M, down 60% from $2.4B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Luminus Management withdrew a net $581M in Q1 2020, closing 42 positions and reducing 31 holdings. Its most notable exit was NextEra Energy, an estimated $41.8M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 23% of assets, up from 11% a quarter earlier, followed by Materials and Energy.
Against the trend, Luminus Management opened a new position in Kansas City Southern worth $52.7M.
- Luminus Management's largest Q1 2020 buy was Kansas City Southern: 414,700 shares worth $52.7M.
- Luminus Management added most to Tenaris in Q1 2020, an estimated $30.1M increase.
- Luminus Management's biggest Q1 2020 reduction was FirstEnergy, cutting an estimated $71.9M.
- Luminus Management fully exited NextEra Energy in Q1 2020, selling an estimated $41.8M.
- Luminus Management's ten largest holdings make up 34% of its $968M portfolio in Q1 2020.
- Luminus Management opened 48 new positions and closed 42 in Q1 2020.
- Luminus Management's portfolio value fell 60% quarter-over-quarter to $968M.
Based on Luminus Management's 13F filing for Q1 2020, filed 15 May 2020.