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 |
General Motors
GM
|
+$36.4M |
| 2 |
Best Buy
BBY
|
+$26.4M |
| 3 |
Kohl's
KSS
|
+$21.8M |
| 4 |
AGN
Allergan plc
AGN
|
+$19M |
| 5 |
HCA Healthcare
HCA
|
+$9.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WFT
Weatherford International plc
WFT
|
+$61.6M |
| 2 |
Fluor
FLR
|
+$52.1M |
| 3 |
Quanta Services
PWR
|
+$38.4M |
| 4 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$30.4M |
| 5 |
Crown Castle
CCI
|
+$27.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 56.02% |
| 2 | Consumer Discretionary | 22.26% |
| 3 | Healthcare | 6.37% |
| 4 | Real Estate | 4.05% |
| 5 | Energy | 3.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Dycom Industries
DY
$11.8B
| $74.6M | 16.2% |
2,126,179
-188,525
| -8% | -$5.64M |
|
|
2
Quanta Services
PWR
$96.1B
| $71.2M | 15.46% |
2,507,369
-1,222,507
| -33% | -$38.4M |
|
3
MasTec
MTZ
$21.4B
| $49.1M | 10.66% |
2,171,374
+7,000
| +0.3% | +$173K |
|
|
4
General Motors
GM
$77.2B
| $40.8M | 8.87% |
1,169,619
+1,139,385
| +3,769% | +$36.4M |
|
|
5
Best Buy
BBY
$18.1B
| $29.2M | 6.35% |
+750,000
| New | +$26.4M |
|
|
GM.WS.B
6
DELISTED
General Motors Company
GM.WS.B
| – | – |
0
| – | – |
|
|
7
Kohl's
KSS
$2B
| $23M | 4.99% |
+376,600
| New | +$21.8M |
|
|
ICA
8
DELISTED
EMPRESAS ICA, S.A. DE C.V. ADS (EA REPTG 4 ORD PART CERT)
ICA
| $22.8M | 4.96% |
4,639,454
+507,238
| +12% | +$3.06M |
|
|
TPC
9
Tutor Perini Cor
TPC
$4.8B
| $21.3M | 4.62% |
883,593
-32,200
| -4% | -$805K |
|
|
AGN
10
DELISTED
Allergan plc
AGN
| $19.6M | 4.25% |
+76,000
| New | +$19M |
|
11
Wabash National
WNC
$490M
| $18.4M | 4% |
1,489,141
-1,196,449
| -45% | -$13.6M |
|
12
SBA Communications
SBAC
$19.4B
| $18M | 3.92% |
162,885
-1,000
| -0.6% | -$112K |
|
13
Flotek Industries
FTK
$894M
| $12.9M | 2.8% |
114,673
-15,900
| -12% | -$1.96M |
|
|
14
HCA Healthcare
HCA
$92.9B
| $9.61M | 2.09% |
+130,900
| New | +$9.2M |
|
|
LL
15
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.46M | 2.05% |
+142,700
| New | +$8.26M |
|
|
CPN
16
DELISTED
Calpine Corporation
CPN
| $2.66M | 0.58% |
120,199
-28,100
| -19% | -$623K |
|
|
CXO
17
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.5M | 0.32% |
15,000
+3,000
| +25% | +$315K |
|
18
NXP Semiconductors
NXPI
$56.9B
| $1.41M | 0.31% |
18,500
+1,500
| +9% | +$106K |
|
|
LOGM
19
DELISTED
LogMein, Inc.
LOGM
| $1.23M | 0.27% |
25,000
+8,000
| +47% | +$384K |
|
20
Apple
AAPL
$4.51T
| $889K | 0.19% |
32,200
| – | – |
|
|
21
Crown Castle
CCI
$32.1B
| $590K | 0.13% |
7,500
-345,083
| -98% | -$27.7M |
|
22
Primoris Services
PRIM
$4.15B
| $546K | 0.12% |
+23,500
| New | +$588K |
|
|
HCR
23
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $526K | 0.11% |
16,962
-8,538
| -33% | -$355K |
|
|
HW
24
DELISTED
Headwaters Inc
HW
| $525K | 0.11% |
35,000
+10,000
| +40% | +$131K |
|
25
Matador Resources
MTDR
$7.22B
| $506K | 0.11% |
25,000
| – | – |
|
Similar funds
William Harnisch's Q4 2014 Portfolio in Review
As of Q4 2014, William Harnisch held 57 positions worth $460M, down 37% from $727M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
William Harnisch withdrew a net $192M in Q4 2014, closing 20 positions and reducing 13 holdings. Its most notable exit was Weatherford International plc, an estimated $61.6M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 56% of assets, down from 64% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, William Harnisch opened a new position in Best Buy worth $29.2M.
- William Harnisch's largest Q4 2014 buy was Best Buy: 750,000 shares worth $29.2M.
- William Harnisch added most to General Motors in Q4 2014, an estimated $36.4M increase.
- William Harnisch's biggest Q4 2014 reduction was Quanta Services, cutting an estimated $38.4M.
- William Harnisch fully exited Weatherford International plc in Q4 2014, selling an estimated $61.6M.
- William Harnisch's ten largest holdings make up 82% of its $460M portfolio in Q4 2014.
- William Harnisch opened 8 new positions and closed 20 in Q4 2014.
- William Harnisch's portfolio value fell 37% quarter-over-quarter to $460M.
Based on Peconic Partners's 13F filing for Q4 2014, filed 13 Feb 2015.