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 | |
|---|---|---|---|---|---|---|
1
Dycom Industries
DY
$11.8B
| $178M | 22.55% |
2,178,112
+204,845
| +10% | +$18.1M |
|
2
MasTec
MTZ
$21.4B
| $144M | 18.27% |
4,852,986
-17,320
| -0.4% | -$475K |
|
|
3
APA Corp
APA
$15.2B
| $44.7M | 5.65% |
+699,200
| New | +$38.2M |
|
|
4
Alphabet (Google) Class A
GOOGL
$4.22T
| $40.2M | 5.09% |
+999,400
| New | +$39.1M |
|
5
Alerian MLP ETF
AMLP
$13.2B
| $36.3M | 4.6% |
572,514
+119,372
| +26% | +$7.55M |
|
|
CXO
6
DELISTED
CONCHO RESOURCES INC.
CXO
| $32.9M | 4.17% |
239,725
+214,725
| +859% | +$27.2M |
|
|
7
Kinder Morgan
KMI
$69B
| $31.8M | 4.02% |
+1,374,340
| New | +$29.1M |
|
8
Enterprise Products Partners
EPD
$82.1B
| $31.4M | 3.97% |
1,135,385
+7,530
| +0.7% | +$208K |
|
|
ETP
9
DELISTED
Energy Transfer Partners L.p.
ETP
| $28.1M | 3.56% |
759,766
+100,930
| +15% | +$3.97M |
|
|
10
Williams Companies
WMB
$86.2B
| $26.8M | 3.39% |
+872,235
| New | +$23.1M |
|
|
TPC
11
Tutor Perini Cor
TPC
$4.8B
| $25.6M | 3.24% |
1,190,955
-105,542
| -8% | -$2.46M |
|
12
SBA Communications
SBAC
$19.4B
| $23M | 2.91% |
204,894
-73,491
| -26% | -$8.31M |
|
|
NFX
13
DELISTED
Newfield Exploration
NFX
| $19.4M | 2.45% |
445,702
+418,702
| +1,551% | +$18.4M |
|
|
CTRA
14
DELISTED
Coterra Energy
CTRA
| $15.4M | 1.94% |
595,305
+295,305
| +98% | +$7.39M |
|
15
EQT Corp
EQT
$33.6B
| $13.1M | 1.65% |
330,375
+54,825
| +20% | +$2.17M |
|
16
Flotek Industries
FTK
$894M
| $11M | 1.39% |
125,752
+71,252
| +131% | +$6.17M |
|
17
Walmart Inc
WMT
$825B
| $10.8M | 1.37% |
+450,000
| New | +$10.9M |
|
18
Bunge Global
BG
$21.7B
| $10.5M | 1.33% |
177,787
-54,392
| -23% | -$3.38M |
|
|
WCC
19
WESCO International
WCC
$17B
| $9.38M | 1.19% |
152,552
-270,811
| -64% | -$15.5M |
|
20
Crown Castle
CCI
$32.1B
| $7.77M | 0.98% |
82,500
+50,000
| +154% | +$4.81M |
|
|
DNKN
21
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $7.43M | 0.94% |
+142,650
| New | +$6.78M |
|
22
General Motors
GM
$77.2B
| $7.36M | 0.93% |
231,772
+169,538
| +272% | +$5.3M |
|
23
Freeport-McMoran
FCX
$110B
| $6.52M | 0.82% |
600,000
+150,000
| +33% | +$1.73M |
|
24
Incyte
INCY
$25.9B
| $3.77M | 0.48% |
+40,000
| New | +$3.37M |
|
25
United Rentals
URI
$68.4B
| $2.92M | 0.37% |
+37,258
| New | +$2.86M |
|
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.