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 |
Kinder Morgan
KMI
|
+$33.7M |
| 2 |
Targa Resources
TRGP
|
+$13.3M |
| 3 |
Dycom Industries
DY
|
+$12.6M |
| 4 |
Quanta Services
PWR
|
+$9.98M |
| 5 |
United Rentals
URI
|
+$6.41M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WPX
WPX Energy, Inc.
WPX
|
+$28.9M |
| 2 |
WCC
WESCO International
WCC
|
+$17.3M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$11M |
| 4 |
ScottsMiracle-Gro
SMG
|
+$3.14M |
| 5 |
Century Communities
CCS
|
+$1.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 79.81% |
| 2 | Energy | 10.75% |
| 3 | Real Estate | 3.71% |
| 4 | Healthcare | 3.38% |
| 5 | Technology | 0.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
MasTec
MTZ
$21.4B
| $227M | 41.62% |
4,469,184
-13,852
| -0.3% | -$669K |
|
|
2
Quanta Services
PWR
$96.1B
| $160M | 29.33% |
4,785,464
+285,083
| +6% | +$9.98M |
|
|
3
Kinder Morgan
KMI
$69B
| $36.4M | 6.68% |
+2,059,385
| New | +$33.7M |
|
|
4
United Rentals
URI
$68.4B
| $35.8M | 6.56% |
242,224
+39,216
| +19% | +$6.41M |
|
|
FLXN
5
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $18M | 3.31% |
697,000
+28,500
| +4% | +$740K |
|
6
SBA Communications
SBAC
$19.4B
| $14M | 2.56% |
84,559
| – | – |
|
|
7
Targa Resources
TRGP
$64.1B
| $13.8M | 2.53% |
+278,940
| New | +$13.3M |
|
|
8
Dycom Industries
DY
$11.8B
| $12.2M | 2.24% |
128,960
+122,960
| +2,049% | +$12.6M |
|
9
Crown Castle
CCI
$32.1B
| $2.96M | 0.54% |
27,500
| – | – |
|
|
CXO
10
DELISTED
CONCHO RESOURCES INC.
CXO
| $2.77M | 0.51% |
20,010
+5,010
| +33% | +$717K |
|
11
Vanguard Financials ETF
VFH
$13.8B
| $2.7M | 0.5% |
40,000
| – | – |
|
12
Diamondback Energy
FANG
$59B
| $2.63M | 0.48% |
20,000
| – | – |
|
|
PXD
13
DELISTED
Pioneer Natural Resource Co.
PXD
| $1.89M | 0.35% |
+10,000
| New | +$1.92M |
|
14
Apple
AAPL
$4.51T
| $1.77M | 0.32% |
38,200
-14,000
| -27% | -$635K |
|
|
15
Century Communities
CCS
$1.98B
| $1.66M | 0.3% |
52,574
-47,426
| -47% | -$1.46M |
|
|
HCR
16
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $1.33M | 0.24% |
112,380
| – | – |
|
17
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $1.29M | 0.24% |
7,500
+2,500
| +50% | +$403K |
|
|
WRD
18
DELISTED
WildHorse Resource Development
WRD
| $1.27M | 0.23% |
+50,000
| New | +$1.25M |
|
19
NXP Semiconductors
NXPI
$56.9B
| $1.2M | 0.22% |
11,000
+1,000
| +10% | +$110K |
|
|
ORBC
20
DELISTED
ORBCOMM, Inc.
ORBC
| $1.16M | 0.21% |
115,000
+15,000
| +15% | +$143K |
|
|
LOGM
21
DELISTED
LogMein, Inc.
LOGM
| $583K | 0.11% |
5,647
| – | – |
|
22
Warrior Met Coal
HCC
$5.64B
| $551K | 0.1% |
20,000
| – | – |
|
23
Halliburton
HAL
$29.4B
| $451K | 0.08% |
+10,000
| New | +$498K |
|
24
Flotek Industries
FTK
$894M
| $406K | 0.07% |
20,938
-31,085
| -60% | -$771K |
|
25
Pfizer
PFE
$160B
| $363K | 0.07% |
10,540
| – | – |
|
Similar funds
William Harnisch's Q2 2018 Portfolio in Review
As of Q2 2018, William Harnisch held 55 positions worth $545M, up 5.4% from $517M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
William Harnisch deployed $17.9M of net new capital in Q2 2018, opening 13 new positions and adding to 8 existing holdings. Its largest new stake was Kinder Morgan: 2,059,385 shares worth $36.4M.
By sector, the portfolio is most concentrated in Industrials at 80% of assets, down from 81% a quarter earlier, followed by Energy and Real Estate.
On the sell side, the largest reduction was Century Communities, an estimated $1.46M trimmed.
- William Harnisch's largest Q2 2018 buy was Kinder Morgan: 2,059,385 shares worth $36.4M.
- William Harnisch added most to Dycom Industries in Q2 2018, an estimated $12.6M increase.
- William Harnisch's biggest Q2 2018 reduction was Century Communities, cutting an estimated $1.46M.
- William Harnisch fully exited WPX Energy, Inc. in Q2 2018, selling an estimated $28.9M.
- William Harnisch's ten largest holdings make up 96% of its $545M portfolio in Q2 2018.
- William Harnisch opened 13 new positions and closed 6 in Q2 2018.
- William Harnisch's portfolio value rose 5.4% quarter-over-quarter to $545M.
Based on Peconic Partners's 13F filing for Q2 2018, filed 14 Aug 2018.