SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Capital Innovations LLC

CIK 0001596076 · N19W24400 RIVERWOOD DR, STE 350, WAUKESHA, WI, 53188 · 262-746-3100

Reported Value
$31M
Q4 2018
Positions
56
Filings on Record
8
2019–present window
Filed
Feb 13, 2019
original filing

Summary

Capital Innovations LLC reported $31M in U.S.-listed holdings across 56 positions for Q4 2018.

Its largest position, BP, represents 3.9% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+32.2%
share of reported value
Largest Position
+3.9%
Bp

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $31MQ4 ’18Q1 ’19: $38MQ1 ’19Q2 ’19: $38MQ2 ’19Q3 ’19: $33MQ3 ’19Q4 ’19: $14MQ4 ’19Q1 ’20: $667,000Q1 ’20filingsflow.com

Portfolio Composition

By security type
Common Stock: 61.1%ADR: 22.9%Other: 13.1%NY Reg Shrs: 1.6%REIT: 1.3%
  • Common Stock · 61.1% · $19M
  • ADR · 22.9% · $7M
  • Other · 13.1% · $4M
  • NY Reg Shrs · 1.6% · $492,000
  • REIT · 1.3% · $417,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
BPBP PLCNEW+32.0K32.0K+$1M$1M
ROYAL DUTCH SHELL PLCNEW+19.3K19.3K+$1M$1M
DowDuPont IncNEW+20.9K20.9K+$1M$1M
MPCMarathon Pete CorpNEW+18.5K18.5K+$1M$1M
CNICANADIAN NATL RY CONEW+30.6K30.6K+$1M$1M
DEDeere & CoNEW+7.0K7.0K+$1M$1M
TTENTotal S ANEW+17.4K17.4K+$909,000$909,000
Transcanada CorpNEW+25.0K25.0K+$892,000$892,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

56 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BPBP PLChistory →SPONSORED ADR3.92%$1M32.0K
2ROYAL DUTCH SHELL PLCSPONS ADR A3.64%$1M19.3K
3DowDuPont IncCOM3.62%$1M20.9K
4MPCMarathon Pete Corphistory →COM3.53%$1M18.5K
5DEDeere & Cohistory →COM3.37%$1M7.0K
6TTENTotal S Ahistory →SPONSORED ADR2.94%$909,00017.4K
7Transcanada CorpCOM2.88%$892,00025.0K
8SUSuncor Energy Inc Newhistory →COM2.88%$891,00031.9K
9RIORio Tinto PLChistory →SPONSORED ADR2.70%$835,00017.2K
10BHPBHP Billiton Ltdhistory →SPONSORED ADR2.69%$831,00017.2K
11VALEVale S Ahistory →ADR2.54%$787,00059.7K
12Bunge LTDCOM2.54%$785,00014.7K
13ENBEnbridge Inchistory →COM2.50%$773,00024.9K
14PIONEER NAT RES COCOM2.49%$769,0005.8K
15ABXBarrick Gold Corphistory →COM2.43%$753,00055.6K
16NTRNutrien Ord Shshistory →COM2.42%$748,00015.9K
17CVXChevron Corp Newhistory →COM2.30%$711,0006.5K
18LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -2.26%$700,0008.4K
19APDAIR PRODS & CHEMS INChistory →COM2.06%$638,0004.0K
20GOLDCORP INC NEWCOM1.96%$605,00061.7K
21CFCF INDS HLDGS INChistory →COM1.93%$598,00013.7K
22CATCaterpillar Ord Shshistory →COM1.91%$590,0004.6K
23UGPULTRAPAR PARTICIPACOES S Ahistory →SP ADR REP COM1.90%$587,00043.4K
24ALCOA CORPCOM1.89%$586,00022.1K
25CNICANADIAN NATL RES LTDhistory →COM1.88%$582,00024.1K
26ANADARKO PETE CORPCOM1.80%$558,00012.7K
27KANSAS CITY SOUTHERNCOM NEW1.70%$526,0005.5K
28EXMOCExxon Mobil Corphistory →COM1.69%$524,0007.7K
29SLBSchlumberger Ltdhistory →COM1.67%$517,00014.3K
30ZTSZoetis Inchistory →CL A1.64%$508,0005.9K
31IPINTL PAPER COhistory →COM1.62%$502,00012.4K
32EOGEOG RES INChistory →COM1.62%$501,0005.7K
33MTARCELORMITTAL SA LUXEMBOURGhistory →NY REGISTRY SH1.59%$492,00023.8K
34CNICANADIAN NATL RY COhistory →COM1.56%$482,0006.5K
35Westrock CoCOM1.38%$428,00011.3K
36WYWeyerhaeuser Cohistory →COM1.35%$417,00019.1K
37NEMNewmont Mining Corphistory →COM1.35%$417,00012.0K
38ADMArcher Daniels Midland Cohistory →COM1.23%$381,0009.3K
39FCXFREEPORT-MCMORAN INChistory →CL B1.21%$373,00036.2K
40TKCTURKCELL ILETISIM HIZMETLERIhistory →SPON ADR NEW1.06%$327,00058.3K
41PBAPembina Pipeline Corphistory →COM1.01%$312,00010.5K
42UNITED STATES STL CORP NEWCOM0.96%$297,00016.3K
43MDLZMONDELEZ INTL INCCL A0.92%$285,0007.1K
44PKGPackaging Corp AmerCOM0.89%$275,0003.3K
45VMCVulcan MATLS CoCOM0.89%$274,0002.8K
46PKXPOSCOSPONSORED ADR0.86%$265,0004.8K
47Noble Energy IncCOM0.82%$253,00013.5K
48HALHalliburton CoCOM0.79%$244,0009.2K
49WMBWilliams Cos Inc DelCOM0.79%$243,00011.0K
50STLDSteel Dynamics IncCOM0.73%$227,0007.5K
51LNGCheniere Energy IncCOM NEW0.73%$227,0003.8K
52SCCOSouthern Copper CorpCOM0.73%$227,0007.4K
53MOSMosaic Co NewCOM0.67%$208,0007.1K
54EENI S P ASPONSORED ADR0.65%$201,0006.4K
55GPREGREEN PLAINS INCCOM0.62%$193,00014.7K
56Nabors Industries LtdSHS0.30%$94,00047.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026Under review53May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025Under review51Feb 10, 202613F-HRchanges · EDGAR ↗
Q1 2020$667,0005May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$14M28Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$33M53Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$38M58Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$38M61Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$31M56Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.