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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
+7.8%
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
$2.61B
AUM Growth
+$960M
(+58%)
Cap. Flow
+$781M
Cap. Flow
% of AUM
29.93%
Top 10 Holdings %
Top 10 Hldgs %
44.68%
Holding
187
New
59
Increased
38
Reduced
40
Closed
44
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Exelon
EXC
|
+$152M |
| 2 |
Edison International
EIX
|
+$86.7M |
| 3 |
Dominion Energy
D
|
+$57M |
| 4 |
PPL
PPL Corp
PPL
|
+$53.7M |
| 5 |
Spire
SR
|
+$47.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Entergy
ETR
|
+$98.7M |
| 2 |
DYN
Dynegy, Inc.
DYN
|
+$97.2M |
| 3 |
Atmos Energy
ATO
|
+$40M |
| 4 |
National Grid
NGG
|
+$36.4M |
| 5 |
PG&E
PCG
|
+$26.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 50.02% |
| 2 | Materials | 9.02% |
| 3 | Industrials | 7.22% |
| 4 | Energy | 5.86% |
| 5 | Technology | 1.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CMS Energy
CMS
$22.9B
| – | – |
-646,267
| Closed | -$18.9M |
|
|
152
PUT
Dominion Energy
D
$62.5B
| – | – |
-500,000
| Closed | -$35.5M |
|
153
Delek US
DK
$4.06B
| – | – |
-176,237
| Closed | -$5.12M |
|
154
Eastman Chemical
EMN
$7.93B
| – | – |
-82,650
| Closed | -$7.13M |
|
155
CALL
FMC
FMC
$1.48B
| – | – |
-57,650
| Closed | -$3.83M |
|
156
Hawaiian Electric Industries
HE
$2.35B
| – | – |
-33,475
| Closed | -$851K |
|
157
HUB Group
HUBG
$3.11B
| – | – |
-56,000
| Closed | -$1.12M |
|
158
Illinois Tool Works
ITW
$78.8B
| – | – |
-53,351
| Closed | -$4.34M |
|
159
Johnson Controls International
JCI
$86.9B
| – | – |
-6,685
| Closed | -$331K |
|
160
Methanex
MEOH
$4.37B
| – | – |
-35,224
| Closed | -$2.25M |
|
161
CALL
The Mosaic Company
MOS
$7.24B
| – | – |
-50,000
| Closed | -$2.5M |
|
|
MRC
162
DELISTED
MRC Global
MRC
| – | – |
-125,034
| Closed | -$3.37M |
|
163
ArcelorMittal
MT
$50.1B
| – | – |
-56,416
| Closed | -$2.08M |
|
|
164
National Grid
NGG
$83.5B
| – | – |
-549,026
| Closed | -$36.4M |
|
165
CALL
Olin
OLN
$2.76B
| – | – |
-75,000
| Closed | -$2.07M |
|
166
CALL
PBF Energy
PBF
$7.61B
| – | – |
-534,300
| Closed | -$13.8M |
|
|
167
PBF Energy
PBF
$7.61B
| – | – |
-167,679
| Closed | -$4.33M |
|
|
168
CALL
PG&E
PCG
$39.9B
| – | – |
-550,000
| Closed | -$23.8M |
|
169
CALL
Parker-Hannifin
PH
$122B
| – | – |
-75,000
| Closed | -$8.98M |
|
170
Portland General Electric
POR
$6.12B
| – | – |
-591,272
| Closed | -$19.1M |
|
171
RPM International
RPM
$13.7B
| – | – |
-81,500
| Closed | -$3.41M |
|
172
Sherwin-Williams
SHW
$78.9B
| – | – |
-33,000
| Closed | -$2.17M |
|
173
CALL
Valero Energy
VLO
$92.3B
| – | – |
-58,400
| Closed | -$3.1M |
|
174
CALL
WEC Energy
WEC
$37B
| – | – |
-600,000
| Closed | -$27.9M |
|
175
Westlake Corp
WLK
$9.87B
| – | – |
-26,370
| Closed | -$1.97M |
|
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Luminus Management's Q2 2014 Portfolio in Review
As of Q2 2014, Luminus Management held 187 positions worth $2.61B, up 58% from $1.65B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Luminus Management deployed $781M of net new capital in Q2 2014, opening 59 new positions and adding to 38 existing holdings. Its largest new stake was Edison International: 1,547,557 shares worth $89.9M.
By sector, the portfolio is most concentrated in Utilities at 50% of assets, down from 51% a quarter earlier, followed by Materials and Industrials.
On the sell side, the largest reduction was Entergy, an estimated $98.7M trimmed.
- Luminus Management's largest Q2 2014 buy was Edison International: 1,547,557 shares worth $89.9M.
- Luminus Management added most to Exelon in Q2 2014, an estimated $152M increase.
- Luminus Management's biggest Q2 2014 reduction was Entergy, cutting an estimated $98.7M.
- Luminus Management fully exited National Grid in Q2 2014, selling an estimated $36.4M.
- Luminus Management's ten largest holdings make up 45% of its $2.61B portfolio in Q2 2014.
- Luminus Management opened 59 new positions and closed 44 in Q2 2014.
- Luminus Management's portfolio value rose 58% quarter-over-quarter to $2.61B.
Based on Luminus Management's 13F filing for Q2 2014, filed 14 Aug 2014.