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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	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.4B	+$57.9M	20	0.7%	Increased
27	AllianceBernstein Nashville, Tennessee	$1.34B	+$318M	14	0.94%	Increased
28	Janus Henderson Group London,	$1.08B	-$174M	7	0.62%	Reduced
29	Norges Bank Oslo, Norway	$970M	+$66.4M	13	0.33%	Increased
30	Royal Bank of Canada Toronto, Ontario, Canada	$939M	+$12.4M	19	0.42%	Increased
31	Citadel Advisors Miami, Florida	$939M	+$419M	18	0.46%	Increased
32	American Century Companies Kansas City, Missouri	$937M	-$43.7M	10	0.94%	Reduced
33	Lazard Asset Management New York	$924M	-$31.5M	8	1.61%	Reduced
34	Davis Selected Advisers Tucson, Arizona	$893M	+$148M	1	3.8%	Increased
35	UBS Group Zurich, Switzerland	$890M	+$34.4M	22	0.39%	Increased
36	Charles Schwab San Francisco, California	$848M	+$24.8M	16	0.62%	Increased
37	Generation Investment Management London, United Kingdom	$829M	+$62.2M	2	7.31%	Increased
38	Legal & General Group London, United Kingdom	$807M	-$32M	16	0.62%	Reduced
39	AQR Capital Management Greenwich, Connecticut	$797M	-$56.9M	14	0.8%	Reduced
40	UBS AM Chicago, Illinois	$726M	-$121M	14	0.56%	Reduced
41	VOYA Investment Management Atlanta, Georgia	$720M	+$95.4M	14	1.53%	Increased
42	Boston Partners Boston, Massachusetts	$681M	+$386M	6	0.82%	Increased
43	Fiduciary Management Inc Milwaukee, Wisconsin	$680M	-$41.7M	2	4.35%	Reduced
44	Amundi Asset Management US Boston, Massachusetts	$648M	+$93.1M	10	0.93%	Increased
45	Swiss National Bank Zurich, Switzerland	$618M	+$32.2M	13	0.71%	Increased
46	New York State Common Retirement Fund Albany, New York	$604M	-$40.4M	17	0.75%	Reduced
47	Victory Capital Management San Antonio, Texas	$604M	+$112M	12	1.28%	Increased
48	Parametric Portfolio Associates Seattle, Washington	$598M	+$44.4M	16	0.57%	Increased
49	Principal Financial Group Des Moines, Iowa	$593M	-$29.3M	12	0.55%	Reduced
50	Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada	$580M	+$44.2M	18	0.63%	Increased