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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
+5.24%
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
$2.9B
AUM Growth
-$209M
(-6.7%)
Cap. Flow
-$315M
Cap. Flow
% of AUM
-10.87%
Top 10 Holdings %
Top 10 Hldgs %
49.96%
Holding
186
New
43
Increased
48
Reduced
27
Closed
61
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DYN
Dynegy, Inc.
DYN
|
+$57.3M |
| 2 |
Canadian Pacific Kansas City
CP
|
+$52.4M |
| 3 |
NextEra Energy
NEE
|
+$51.9M |
| 4 |
FirstEnergy
FE
|
+$45.4M |
| 5 |
Steel Dynamics
STLD
|
+$45.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Exelon
EXC
|
+$126M |
| 2 |
PPL
PPL Corp
PPL
|
+$72.5M |
| 3 |
Ameren
AEE
|
+$60.6M |
| 4 |
Edison International
EIX
|
+$48.4M |
| 5 |
CSX Corp
CSX
|
+$45.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 45.99% |
| 2 | Materials | 11.21% |
| 3 | Industrials | 8.76% |
| 4 | Energy | 4.34% |
| 5 | Technology | 1.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Autodesk
ADSK
$43.3B
| – | – |
-4,617
| Closed | -$254K |
|
|
127
Ameren
AEE
$31.3B
| – | – |
-1,581,252
| Closed | -$60.6M |
|
128
American Electric Power
AEP
$73.4B
| – | – |
-6,050
| Closed | -$316K |
|
|
ALE
129
DELISTED
Allete
ALE
| – | – |
-316,802
| Closed | -$14.1M |
|
130
CALL
Ashland
ASH
$3.05B
| – | – |
-304,352
| Closed | -$15.5M |
|
131
Caterpillar
CAT
$412B
| – | – |
-36,000
| Closed | -$3.56M |
|
132
Cleveland-Cliffs
CLF
$6.25B
| – | – |
-263,200
| Closed | -$2.73M |
|
133
Commercial Metals
CMC
$7.53B
| – | – |
-328,351
| Closed | -$5.61M |
|
134
CNX Resources
CNX
$4.88B
| – | – |
-92,405
| Closed | -$2.92M |
|
|
135
CSX Corp
CSX
$98.1B
| – | – |
-4,274,511
| Closed | -$45.7M |
|
136
Cemex
CX
$17.7B
| – | – |
-454,558
| Closed | -$5.27M |
|
137
DuPont de Nemours
DD
$18.6B
| – | – |
-118,233
| Closed | -$14.4M |
|
|
138
Edison International
EIX
$30.6B
| – | – |
-864,704
| Closed | -$48.4M |
|
139
Eastman Chemical
EMN
$7.77B
| – | – |
-178,524
| Closed | -$14.4M |
|
140
Emerson Electric
EMR
$81.2B
| – | – |
-5,000
| Closed | -$313K |
|
141
EnerSys
ENS
$7.29B
| – | – |
-11,886
| Closed | -$697K |
|
142
Entergy
ETR
$54B
| – | – |
-10,200
| Closed | -$394K |
|
143
FedEx
FDX
$74.7B
| – | – |
-58,695
| Closed | -$9.48M |
|
144
Generac Holdings
GNRC
$12.4B
| – | – |
-8,200
| Closed | -$332K |
|
145
Green Plains
GPRE
$1.2B
| – | – |
-516,743
| Closed | -$19.3M |
|
146
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| – | – |
-40,000
| Closed | -$3.68M |
|
147
Idacorp
IDA
$8.28B
| – | – |
-198,031
| Closed | -$10.6M |
|
148
ITT
ITT
$17.5B
| – | – |
-12,646
| Closed | -$568K |
|
149
Illinois Tool Works
ITW
$79.7B
| – | – |
-36,996
| Closed | -$3.12M |
|
150
iShares Russell 2000 ETF
IWM
$81.2B
| – | – |
-35,341
| Closed | -$3.87M |
|
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TLM
E3F
SFCM
MCM
FOFP
OO
GC
Luminus Management's Q4 2014 Portfolio in Review
As of Q4 2014, Luminus Management held 186 positions worth $2.9B, down 6.7% from $3.11B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Luminus Management withdrew a net $315M in Q4 2014, closing 61 positions and reducing 27 holdings. Its most notable exit was Ameren, an estimated $60.6M position sold in full.
By sector, the portfolio is most concentrated in Utilities at 46% of assets, up from 45% a quarter earlier, followed by Materials and Industrials.
Against the trend, Luminus Management opened a new position in MasTec worth $23.5M.
- Luminus Management's largest Q4 2014 buy was MasTec: 1,037,878 shares worth $23.5M.
- Luminus Management added most to Dynegy, Inc. in Q4 2014, an estimated $57.3M increase.
- Luminus Management's biggest Q4 2014 reduction was Exelon, cutting an estimated $126M.
- Luminus Management fully exited Ameren in Q4 2014, selling an estimated $60.6M.
- Luminus Management's ten largest holdings make up 50% of its $2.9B portfolio in Q4 2014.
- Luminus Management opened 43 new positions and closed 61 in Q4 2014.
- Luminus Management's portfolio value fell 6.7% quarter-over-quarter to $2.9B.
Based on Luminus Management's 13F filing for Q4 2014, filed 17 Feb 2015.