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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	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$1.73B	-$164M	4	3.15%	Reduced
27	Royal Bank of Canada Toronto, Ontario, Canada	$1.46B	+$87.9M	21	0.59%	Increased
28	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.37B	-$106M	21	0.81%	Reduced
29	Legal & General Group London, United Kingdom	$1.37B	+$39.5M	16	0.73%	Increased
30	UBS Group Zurich, Switzerland	$1.28B	-$131M	22	0.49%	Reduced
31	AllianceBernstein Nashville, Tennessee	$1.25B	+$46.1M	15	0.78%	Increased
32	Capital International Investors Los Angeles, California	$1.16B	+$347M	1	0.46%	Increased
33	Janus Henderson Group London,	$1.14B	+$272M	9	0.62%	Increased
34	Charles Schwab San Francisco, California	$1.11B	-$5.9M	18	0.68%	Reduced
35	UBS AM Chicago, Illinois	$1.02B	+$60M	15	0.73%	Increased
36	Lazard Asset Management New York	$991M	-$50.1M	7	1.61%	Reduced
37	Norges Bank Oslo, Norway	$948M	-$219M	12	0.29%	Reduced
38	American Century Companies Kansas City, Missouri	$913M	-$96.2M	7	0.91%	Reduced
39	VOYA Investment Management Atlanta, Georgia	$896M	-$2.03M	14	1.92%	Reduced
40	Generation Investment Management London, United Kingdom	$826M	-$55.2M	2	5.69%	Reduced
41	Parametric Portfolio Associates Seattle, Washington	$819M	+$53.6M	17	0.68%	Increased
42	Putnam Investments Boston, Massachusetts	$792M	-$7.79M	7	1.77%	Reduced
43	Fiduciary Management Inc Milwaukee, Wisconsin	$760M	-$17M	2	4.86%	Reduced
44	Swiss National Bank Zurich, Switzerland	$709M	-$36.7M	16	0.76%	Reduced
45	AQR Capital Management Greenwich, Connecticut	$705M	+$193M	12	0.79%	Increased
46	New York State Common Retirement Fund Albany, New York	$666M	+$6.64M	16	0.84%	Increased
47	D.E. Shaw & Co New York	$644M	+$142M	13	0.8%	Increased
48	Principal Financial Group Des Moines, Iowa	$641M	-$10.2M	13	0.58%	Reduced
49	California Public Employees Retirement System Sacramento, California	$622M	-$2.81M	19	0.73%	Reduced
50	Victory Capital Management San Antonio, Texas	$615M	+$28.1M	13	1.24%	Increased