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 |
Dycom Industries
DY
|
+$34.5M |
| 2 |
Teck Resources
TECK
|
+$24.7M |
| 3 |
General Motors
GM
|
+$24.1M |
| 4 |
Cheniere Energy
LNG
|
+$13.7M |
| 5 |
EOG Resources
EOG
|
+$10.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Quanta Services
PWR
|
+$19.2M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$16.8M |
| 3 |
Nutrien
NTR
|
+$16.7M |
| 4 |
APHA
Aphria Inc. Common Shares
APHA
|
+$12.4M |
| 5 |
Visa
V
|
+$12.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 72.42% |
| 2 | Energy | 9.36% |
| 3 | Consumer Discretionary | 4.57% |
| 4 | Materials | 3.95% |
| 5 | Financials | 2.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Quanta Services
PWR
$96.1B
| $388M | 46.55% |
5,391,615
-290,831
| -5% | -$19.2M |
|
|
WCC
2
WESCO International
WCC
$17B
| $135M | 16.13% |
1,713,716
+125,000
| +8% | +$7.41M |
|
|
3
Dycom Industries
DY
$11.8B
| $38.3M | 4.59% |
507,005
+501,005
| +8,350% | +$34.5M |
|
|
4
Teck Resources
TECK
$33.9B
| $29M | 3.48% |
+1,600,000
| New | +$24.7M |
|
5
MasTec
MTZ
$21.4B
| $28.9M | 3.47% |
424,340
+34,416
| +9% | +$1.93M |
|
|
6
General Motors
GM
$77.2B
| $25.8M | 3.1% |
+620,700
| New | +$24.1M |
|
|
7
Cheniere Energy
LNG
$57.3B
| $25M | 2.99% |
415,796
+255,796
| +160% | +$13.7M |
|
8
SBA Communications
SBAC
$19.4B
| $19.5M | 2.34% |
69,159
-200
| -0.3% | -$58.7K |
|
|
9
EOG Resources
EOG
$80.3B
| $12.5M | 1.49% |
+250,000
| New | +$10.9M |
|
|
ETRN
10
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $12.5M | 1.49% |
1,550,000
+900,000
| +138% | +$7.18M |
|
11
Las Vegas Sands
LVS
$30.5B
| $11.6M | 1.39% |
+195,000
| New | +$10.4M |
|
|
VISN
12
Vistance Networks Inc
VISN
$2.59B
| $10.7M | 1.29% |
+800,000
| New | +$8.82M |
|
13
Southwest Airlines
LUV
$19.8B
| $7.92M | 0.95% |
170,000
+70,000
| +70% | +$3.03M |
|
14
Truist Financial
TFC
$61.6B
| $7.19M | 0.86% |
+150,000
| New | +$6.79M |
|
|
FITB
15
Fifth Third Bancorp
FITB
$49.7B
| $6.89M | 0.83% |
+250,000
| New | +$6.31M |
|
|
PXD
16
DELISTED
Pioneer Natural Resource Co.
PXD
| $6.26M | 0.75% |
+55,000
| New | +$5.35M |
|
17
Marathon Petroleum
MPC
$101B
| $6.2M | 0.74% |
+150,000
| New | +$5.38M |
|
|
CLR
18
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $5.71M | 0.68% |
+350,000
| New | +$5.23M |
|
19
Valero Energy
VLO
$100B
| $5.66M | 0.68% |
+100,000
| New | +$4.91M |
|
20
Alaska Air
ALK
$4.51B
| $5.34M | 0.64% |
102,757
-47,243
| -31% | -$2.12M |
|
|
DISH
21
DELISTED
DISH Network Corp.
DISH
| $4.85M | 0.58% |
+150,000
| New | +$4.62M |
|
22
US Bancorp
USB
$96.7B
| $4.77M | 0.57% |
+102,450
| New | +$4.34M |
|
23
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $4.73M | 0.57% |
+30,000
| New | +$4.76M |
|
24
Cleveland-Cliffs
CLF
$6.43B
| $3.64M | 0.44% |
+250,000
| New | +$2.53M |
|
25
PNC Financial Services
PNC
$97B
| $2.98M | 0.36% |
+20,000
| New | +$2.55M |
|
Similar funds
William Harnisch's Q4 2020 Portfolio in Review
As of Q4 2020, William Harnisch held 79 positions worth $834M, up 49% from $561M the previous quarter. Its ten largest holdings account for 86% of the portfolio.
William Harnisch deployed $65.1M of net new capital in Q4 2020, opening 35 new positions and adding to 7 existing holdings. Its largest new stake was Teck Resources: 1,600,000 shares worth $29M.
By sector, the portfolio is most concentrated in Industrials at 72% of assets, up from 71% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Quanta Services, an estimated $19.2M trimmed.
- William Harnisch's largest Q4 2020 buy was Teck Resources: 1,600,000 shares worth $29M.
- William Harnisch added most to Dycom Industries in Q4 2020, an estimated $34.5M increase.
- William Harnisch's biggest Q4 2020 reduction was Quanta Services, cutting an estimated $19.2M.
- William Harnisch fully exited Nutrien in Q4 2020, selling an estimated $16.7M.
- William Harnisch's ten largest holdings make up 86% of its $834M portfolio in Q4 2020.
- William Harnisch opened 35 new positions and closed 12 in Q4 2020.
- William Harnisch's portfolio value rose 49% quarter-over-quarter to $834M.
Based on Peconic Partners's 13F filing for Q4 2020, filed 16 Feb 2021.