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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	Barclays London, United Kingdom	$2.99B	+$588M	23	0.65%	Increased
27	Charles Schwab San Francisco, California	$2.9B	+$150M	21	0.46%	Increased
28	Goldman Sachs New York	$2.84B	-$201M	22	0.35%	Reduced
29	Royal Bank of Canada Toronto, Ontario, Canada	$2.82B	-$441M	23	0.46%	Reduced
30	Legal & General Group London, United Kingdom	$2.73B	+$66.8M	21	0.61%	Increased
31	T. Rowe Price Associates Baltimore, Maryland	$2.3B	+$95.7M	20	0.25%	Increased
32	Raymond James Financial St Petersburg, Florida	$2.13B	+$72.7M	19	0.69%	Increased
33	Pictet Asset Management Carouge, Switzerland	$2.02B	+$39.8M	12	1.94%	Increased
34	Nordea Investment Management Stockholm, Sweden	$1.81B	+$169M	8	1.59%	Increased
35	Wells Fargo San Francisco, California	$1.57B	+$58.6M	22	0.3%	Increased
36	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.56B	-$441K	20	0.52%	Reduced
37	Victory Capital Management San Antonio, Texas	$1.44B	+$328M	18	0.84%	Increased
38	Qube Research & Technologies (QRT) London, United Kingdom	$1.42B	+$171M	12	1.47%	Increased
39	First Trust Advisors Wheaton, Illinois	$1.35B	-$31.3M	16	1.01%	Reduced
40	Amundi Paris, France	$1.32B	-$269M	14	0.42%	Reduced
41	Boston Partners Boston, Massachusetts	$1.31B	+$152M	8	1.35%	Increased
42	ClearBridge Investments New York	$1.29B	+$2.46M	8	0.97%	Increased
43	Viking Global Investors Stamford, Connecticut	$1.2B	+$526M	2	3.1%	Increased
44	Swiss National Bank Zurich, Switzerland	$1.17B	-$63.3M	17	0.68%	Reduced
45	AllianceBernstein Nashville, Tennessee	$1.14B	-$169M	21	0.36%	Reduced
46	American Century Companies Kansas City, Missouri	$1.13B	-$6.49M	20	0.57%	Reduced
47	DZ Bank Frankfurt Am Main, Germany	$1.06B	-$507M	7	0.93%	Reduced
48	Millennium Management New York	$1.05B	+$56M	20	0.45%	Increased
49	Janus Henderson Group London,	$1.05B	+$131M	18	0.48%	Increased
50	AQR Capital Management Greenwich, Connecticut	$1.05B	-$51.4M	19	0.67%	Reduced