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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	Charles Schwab San Francisco, California	$3.04B	+$19.5M	21	0.46%	Increased
27	Royal Bank of Canada Toronto, Ontario, Canada	$2.63B	-$169M	23	0.46%	Reduced
28	Capital World Investors Los Angeles, California	$2.59B	-$581M	5	0.35%	Reduced
29	Legal & General Group London, United Kingdom	$2.49B	-$136M	21	0.58%	Reduced
30	Vanguard Fiduciary Trust Malvern, Pennsylvania	$2.49B	+$2.56B	24	0.63%	New
31	T. Rowe Price Associates Baltimore, Maryland	$2.29B	-$150M	21	0.27%	Reduced
32	Raymond James Financial St Petersburg, Florida	$2.19B	-$31.8M	18	0.67%	Reduced
33	Amundi Paris, France	$2.14B	+$861M	14	0.58%	Increased
34	Barclays London, United Kingdom	$2.06B	-$233M	22	0.49%	Reduced
35	Victory Capital Management San Antonio, Texas	$1.95B	-$262M	18	1.25%	Reduced
36	First Trust Advisors Wheaton, Illinois	$1.85B	+$340M	17	1.32%	Increased
37	Nordea Investment Management Stockholm, Sweden	$1.84B	+$6.53M	8	1.71%	Increased
38	Pictet Asset Management Carouge, Switzerland	$1.71B	-$152M	13	1.81%	Reduced
39	Wells Fargo San Francisco, California	$1.7B	+$184M	23	0.32%	Increased
40	AQR Capital Management Greenwich, Connecticut	$1.69B	+$566M	20	0.77%	Increased
41	American Century Companies Kansas City, Missouri	$1.57B	+$438M	21	0.81%	Increased
42	Blackstone Inc New York	$1.43B	-$24.1M	2	4.56%	Reduced
43	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.4B	-$29.2M	21	0.46%	Reduced
44	Boston Partners Boston, Massachusetts	$1.39B	+$136M	8	1.46%	Increased
45	ClearBridge Investments New York	$1.34B	+$296M	8	1.16%	Increased
46	Janus Henderson Group London,	$1.23B	+$73M	18	0.59%	Increased
47	Swiss National Bank Zurich, Switzerland	$1.21B	+$59.5M	18	0.69%	Increased
48	AllianceBernstein Nashville, Tennessee	$1.18B	+$306M	21	0.38%	Increased
49	Viking Global Investors Stamford, Connecticut	$1.17B	-$209M	2	3.27%	Reduced
50	Capital International Investors Los Angeles, California	$1.14B	-$1.32B	3	0.27%	Reduced