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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	Legal & General Group London, United Kingdom	$1.72B	-$65.4M	19	0.61%	Reduced
27	Norges Bank Oslo, Norway	$1.6B	+$106M	15	0.41%	Increased
28	Charles Schwab San Francisco, California	$1.46B	+$4.04M	20	0.51%	Increased
29	UBS AM Chicago, Illinois	$1.26B	-$69.5M	17	0.66%	Reduced
30	Goldman Sachs New York	$1.23B	-$16.5M	18	0.31%	Reduced
31	Janus Henderson Group London,	$1.14B	-$350M	16	0.79%	Reduced
32	Generation Investment Management London, United Kingdom	$1.09B	+$223M	2	5.94%	Increased
33	Swiss National Bank Zurich, Switzerland	$1.06B	+$1.32M	18	0.72%	Increased
34	Pictet Asset Management (Switzerland) Geneva 73, Switzerland	$1.06B	-$65.7M	10	1.48%	Reduced
35	Wells Fargo San Francisco, California	$1.06B	-$235M	24	0.33%	Reduced
36	UBS Group Zurich, Switzerland	$1.03B	+$140M	23	0.42%	Increased
37	MP MSD Partners New York	$1.03B	$0	1	63.51%	Maintained
38	Lazard Asset Management New York	$1.02B	-$28.7M	15	1.38%	Reduced
39	Macquarie Group Sydney, NSW 2000, Australia	$978M	-$31.6M	16	1.1%	Reduced
40	Aristotle Capital Management Los Angeles, California	$976M	-$27.4M	2	2.05%	Reduced
41	ClearBridge Investments New York	$974M	-$64.1M	7	0.91%	Reduced
42	Allspring Global Investments Charlotte, North Carolina	$967M	-$93.6M	16	1.61%	Reduced
43	Putnam Investments Boston, Massachusetts	$860M	-$139M	5	1.54%	Reduced
44	First Trust Advisors Wheaton, Illinois	$849M	-$81.2M	18	1.05%	Reduced
45	Deutsche Bank Frankfurt Am Main Ge, Germany	$834M	-$92.6M	19	0.47%	Reduced
46	Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan	$830M	-$53.6M	8	0.64%	Reduced
47	Amundi Paris, France	$744M	-$240M	11	0.6%	Reduced
48	Fisher Asset Management Camas, Washington	$726M	+$25.6M	9	0.51%	Increased
49	ACM Atlanta Capital Management Atlanta, Georgia	$724M	-$54.8M	2	3.12%	Reduced
50	CC CCMP Capital New York	$677M	-$273M	1	41.03%	Reduced