William Harnisch Peconic Partners
William Harnisch is the founder of Peconic Partners, a concentrated investment firm known for high-conviction equity positions. The firm’s portfolio often differs sharply from broad market benchmarks, reflecting a willingness to concentrate capital. Harnisch’s disclosures are tracked by investors interested in bold, research-driven concentration.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$39.1M |
| 2 |
APA Corp
APA
|
+$38.2M |
| 3 |
Kinder Morgan
KMI
|
+$29.1M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$27.2M |
| 5 |
Williams Companies
WMB
|
+$23.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$199M |
| 2 |
AGN
Allergan plc
AGN
|
+$33M |
| 3 |
WCC
WESCO International
WCC
|
+$15.5M |
| 4 |
SE
Spectra Energy Corp Wi
SE
|
+$11M |
| 5 |
CPN
Calpine Corporation
CPN
|
+$10.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 45.81% |
| 2 | Energy | 32.93% |
| 3 | Communication Services | 5.09% |
| 4 | Real Estate | 4.35% |
| 5 | Consumer Staples | 2.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Cheniere Energy
LNG
$57.3B
| $2.91M | 0.37% |
+66,790
| New | +$2.82M |
|
27
American Tower
AMT
$81.9B
| $2.44M | 0.31% |
21,500
+1,500
| +8% | +$171K |
|
|
FMI
28
DELISTED
Foundation Medicine, Inc.
FMI
| $2.1M | 0.27% |
+90,147
| New | +$2.05M |
|
|
PXD
29
DELISTED
Pioneer Natural Resource Co.
PXD
| $1.86M | 0.24% |
10,000
-8,000
| -44% | -$1.36M |
|
|
HCR
30
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $1.65M | 0.21% |
107,380
+40,000
| +59% | +$541K |
|
31
LyondellBasell Industries
LYB
$21.8B
| $1.61M | 0.2% |
+20,000
| New | +$1.55M |
|
|
CPN
32
DELISTED
Calpine Corporation
CPN
| $1.47M | 0.19% |
116,199
-749,840
| -87% | -$10.1M |
|
33
Energy Recovery
ERII
$403M
| $1.2M | 0.15% |
+75,000
| New | +$912K |
|
|
GPOR
34
DELISTED
Gulfport Energy Corp.
GPOR
| $1.19M | 0.15% |
+42,041
| New | +$1.2M |
|
35
NXP Semiconductors
NXPI
$56.9B
| $1.02M | 0.13% |
10,000
-6,000
| -38% | -$508K |
|
36
Diamondback Energy
FANG
$59B
| $965K | 0.12% |
10,000
+5,000
| +100% | +$460K |
|
37
Apple
AAPL
$4.51T
| $910K | 0.12% |
32,200
| – | – |
|
38
Teck Resources
TECK
$33.9B
| $811K | 0.1% |
+45,000
| New | +$718K |
|
|
LOGM
39
DELISTED
LogMein, Inc.
LOGM
| $510K | 0.06% |
5,647
| – | – |
|
40
Smith & Wesson
SWBI
$632M
| $399K | 0.05% |
19,515
| – | – |
|
|
OCLR
41
DELISTED
Oclaro Inc.
OCLR
| $342K | 0.04% |
40,000
| – | – |
|
|
XYZ
42
Block Inc
XYZ
$49.4B
| $117K | 0.01% |
10,000
| – | – |
|
|
VIVS
43
VivoSim Labs
VIVS
$3.83M
| $91K | 0.01% |
100
| – | – |
|
44
Archer Daniels Midland
ADM
$38.7B
| – | – |
-216,287
| Closed | -$9.28M |
|
45
Energy Transfer Partners
ET
$73B
| – | – |
-125,313
| Closed | -$1.8M |
|
|
46
iShares Russell 2000 ETF
IWM
$81.9B
| – | – |
-1,728,530
| Closed | -$199M |
|
47
ScottsMiracle-Gro
SMG
$3.55B
| – | – |
-49,841
| Closed | -$3.48M |
|
48
Yelp
YELP
$1.27B
| – | – |
-288,544
| Closed | -$8.76M |
|
|
WPX
49
DELISTED
WPX Energy, Inc.
WPX
| – | – |
-126,000
| Closed | -$1.17M |
|
|
AGN
50
DELISTED
Allergan plc
AGN
| – | – |
-142,860
| Closed | -$33M |
|
Similar funds
William Harnisch's Q3 2016 Portfolio in Review
As of Q3 2016, William Harnisch held 57 positions worth $790M, down 1.9% from $806M the previous quarter. Its ten largest holdings account for 75% of the portfolio.
William Harnisch withdrew a net $51.7M in Q3 2016, closing 14 positions and reducing 8 holdings. Its most notable exit was iShares Russell 2000 ETF, an estimated $199M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 46% of assets, up from 42% a quarter earlier, followed by Energy and Communication Services.
Against the trend, William Harnisch opened a new position in Alphabet (Google) Class A worth $40.2M.
- William Harnisch's largest Q3 2016 buy was Alphabet (Google) Class A: 999,400 shares worth $40.2M.
- William Harnisch added most to CONCHO RESOURCES INC. in Q3 2016, an estimated $27.2M increase.
- William Harnisch's biggest Q3 2016 reduction was WESCO International, cutting an estimated $15.5M.
- William Harnisch fully exited iShares Russell 2000 ETF in Q3 2016, selling an estimated $199M.
- William Harnisch's ten largest holdings make up 75% of its $790M portfolio in Q3 2016.
- William Harnisch opened 14 new positions and closed 14 in Q3 2016.
- William Harnisch's portfolio value fell 1.9% quarter-over-quarter to $790M.
Based on Peconic Partners's 13F filing for Q3 2016, filed 15 Nov 2016.