Managers / Q1 2020 · view latest →
Capital Innovations LLC
CIK 0001596076 · N19W24400 RIVERWOOD DR, STE 350, WAUKESHA, WI, 53188 · 262-746-3100
Summary
Capital Innovations LLC reported $667,000 in U.S.-listed holdings across 5 positions for Q1 2020.
The portfolio is heavily concentrated: NEE alone accounts for 33.7% of reported value.
Compared with Q4 2019, the fund opened 1 new position and exited 24.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 79.3% · $529,000
- ADR · 20.7% · $138,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NEENEXTERA ENERGY INC | NEW | +14.6K | 14.6K | +$225,000 | $225,000 |
| ABXBarrick Gold Corp | SOLD OUT | −20.0K | 0 | −$4M | $0 |
| SUSuncor Energy Inc New | SOLD OUT | −22.0K | 0 | −$720,000 | $0 |
| TRPTC Energy Corp | SOLD OUT | −12.3K | 0 | −$654,000 | $0 |
| MPCMarathon Pete Corp | SOLD OUT | −10.4K | 0 | −$625,000 | $0 |
| EOGEOG RES INC | SOLD OUT | −7.5K | 0 | −$625,000 | $0 |
| NTRNutrien Ord Shs | SOLD OUT | −12.6K | 0 | −$605,000 | $0 |
| CNQCANADIAN NATL RES LTD | SOLD OUT | −18.1K | 0 | −$586,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NEENEXTERA ENERGY INChistory → | COM | 33.73% | $225,000 | 14.6K |
| 2 | NEMNewmont CORPhistory → | COM | 30.73% | $205,000 | 10.4K |
| 3 | FCXFREEPORT-MCMORAN INChistory → | CL B | 14.84% | $99,000 | 4.5K |
| 4 | VALEVale S Ahistory → | ADR | 12.89% | $86,000 | 17.8K |
| 5 | BRF SA | SPONSORED ADR | 7.80% | $52,000 | 935 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | Under review | 53 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | Under review | 51 | Feb 10, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $667,000 | 5 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $14M | 28 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $33M | 53 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $38M | 58 | Aug 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $38M | 61 | Apr 25, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $31M | 56 | Feb 13, 2019 | 13F-HR | changes · 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 ↗.