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Energy Efficiency

Efficiency is the cheapest energy there is — insulation, better motors, heat pumps, controls, and lighting that cut consumption instead of adding supply. Building codes and utility rebates create much of the demand.

31 stocks

#	Name	Holding	Trade Value	Theme Stocks	% of Portfolio	Status
26	AllianceBernstein Nashville, Tennessee	$1.24B	-$262M	14	0.93%	Reduced
27	Wells Fargo San Francisco, California	$1.14B	-$5.25M	21	0.35%	Reduced
28	Royal Bank of Canada Toronto, Ontario, Canada	$1.12B	+$38.9M	21	0.54%	Increased
29	Janus Henderson Group London,	$1.06B	+$107M	7	0.68%	Increased
30	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.03B	+$97.1M	20	0.7%	Increased
31	UBS AM Chicago, Illinois	$1,000M	+$156M	13	0.91%	Increased
32	Norges Bank Oslo, Norway	$998M	-$7.08M	14	0.38%	Reduced
33	Lazard Asset Management New York	$975M	-$130M	5	1.76%	Reduced
34	Legal & General Group London, United Kingdom	$908M	+$23.2M	17	0.68%	Increased
35	Generation Investment Management London, United Kingdom	$897M	-$6.38M	2	8.62%	Reduced
36	UBS Group Zurich, Switzerland	$865M	+$21.4M	22	0.4%	Increased
37	Charles Schwab San Francisco, California	$850M	+$26.8M	17	0.74%	Increased
38	AQR Capital Management Greenwich, Connecticut	$849M	-$35M	11	1.01%	Reduced
39	Fiduciary Management Inc Milwaukee, Wisconsin	$730M	+$30.8M	2	4.32%	Increased
40	Principal Financial Group Des Moines, Iowa	$690M	+$62M	13	0.67%	Increased
41	New York State Common Retirement Fund Albany, New York	$684M	+$7.01M	18	0.87%	Increased
42	Swiss National Bank Zurich, Switzerland	$683M	+$5.21M	13	0.78%	Increased
43	Epoch Investment Partners New York	$661M	+$61.2M	4	2.21%	Increased
44	Putnam Investments Boston, Massachusetts	$601M	+$47.3M	9	1.39%	Increased
45	Prudential Financial Newark, New Jersey	$597M	+$85.1M	13	0.86%	Increased
46	Teachers Advisors New York	$551M	+$4.5M	17	0.74%	Increased
47	Parametric Portfolio Associates Seattle, Washington	$542M	+$12.2M	16	0.59%	Increased
48	PNC Financial Services Group Pittsburgh, Pennsylvania	$541M	+$25.5M	17	0.56%	Increased
49	California Public Employees Retirement System Sacramento, California	$537M	+$25.1M	20	0.8%	Increased
50	ACM Atlanta Capital Management Atlanta, Georgia	$536M	+$312K	2	3.03%	Increased