SEC 13F Intelligence

Managers / Q4 2021

LNZ Capital LP

CIK 0001666868 · 411 LAFAYETTE STREET, 6TH FLOOR, NEW YORK, NY, 10003 · (212) 235-2675

Reported Value
$136M
Q4 2021
Positions
21
Filings on Record
13
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Lnz Capital LP reported $136M in U.S.-listed holdings across 21 positions for Q4 2021.

Its largest position, AES, represents 14.8% of the portfolio.

Compared with Q3 2021, the fund opened 13 new positions and exited 4.

Portfolio Metrics

Turnover
+27.7%
vs prior filed quarter
Top-10 Concentration
+82.6%
share of reported value
Largest Position
+14.8%
Aes
New / Exited
13 / 4
positions this quarter

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: $6MQ4 ’18Q1 ’19: $171MQ2 ’19: $164MQ2 ’19Q3 ’19: $119MQ4 ’19: $217MQ4 ’19Q1 ’20: $82MQ2 ’20: $137MQ2 ’20Q3 ’20: $78MQ4 ’20: $145MQ4 ’20Q1 ’21: $123MQ2 ’21: $138MQ2 ’21Q3 ’21: $69MQ4 ’21: $136MQ4 ’21filingsflow.com

Portfolio Composition

By security type
Common Stock: 99.2%Other: 0.8%
  • Common Stock · 99.2% · $135M
  • Other · 0.8% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AESAES CORPNEW+830.0K830.0K+$20M$20M
SRESEMPRANEW+131.0K131.0K+$17M$17M
EIXEDISON INTLNEW+170.0K170.0K+$12M$12M
VSTVISTRA CORPNEW+310.0K310.0K+$7M$7M
GNRCGENERAC HLDGS INCNEW+15.5K15.5K+$5M$5M
FLNCFLUENCE ENERGY INCNEW+129.1K129.1K+$5M$5M
CNPCENTERPOINT ENERGY INCNEW+145.0K145.0K+$4M$4M
ARRYARRAY TECHNOLOGIES INCNEW+227.2K227.2K+$4M$4M

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

Holdings — Q4 2021

21 positions
#IssuerClass% PortfolioValueShares
1AESAES CORPhistory →COM14.80%$20M830.0K
2SRESEMPRAhistory →COM12.71%$17M131.0K
3NEENEXTERA ENERGY INChistory →COM12.67%$17M185.0K
4PCGPG&E CORPhistory →COM10.78%$15M1.21M
5EIXEDISON INTLhistory →COM8.51%$12M170.0K
6EXCEXELON CORPhistory →COM7.50%$10M177.0K
7VSTVISTRA CORPhistory →COM5.18%$7M310.0K
8GNRCGENERAC HLDGS INChistory →COM4.00%$5M15.5K
9FLNCFLUENCE ENERGY INChistory →COM CL A3.37%$5M129.1K
10GMGENERAL MTRS COhistory →COM3.12%$4M72.6K
11CNPCENTERPOINT ENERGY INChistory →COM2.97%$4M145.0K
12ARRYARRAY TECHNOLOGIES INChistory →COM SHS2.62%$4M227.2K
13SEDGSOLAREDGE TECHNOLOGIES INChistory →COM2.06%$3M10.0K
14RUNSUNRUN INChistory →COM1.91%$3M75.9K
15NRGNRG ENERGY INChistory →COM NEW1.90%$3M60.0K
16MGAMAGNA INTL INChistory →COM1.78%$2M30.0K
17ETRENTERGY CORP NEWhistory →COM1.24%$2M15.0K
18APTIV PLCSHS0.85%$1M7.0K
19NOVAQSUNNOVA ENERGY INTL INC.COM0.82%$1M40.0K
20PLUGPLUG POWER INCCOM NEW0.75%$1M36.4K
21STEMSTEM INCCOM0.47%$646,00034.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2021$136M21Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$69M12Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$138M15Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$123M19May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$145M11Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$78M16Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$137M15Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$82M9May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$217M16Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$119M13Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$164M11Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$171M12May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$6M1Feb 14, 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 ↗.