Managers / Q2 2019 · view latest →
LNZ Capital LP
CIK 0001666868 · 411 LAFAYETTE STREET, 6TH FLOOR, NEW YORK, NY, 10003 · (212) 235-2675
Summary
Lnz Capital LP reported $164M in U.S.-listed holdings across 11 positions for Q2 2019.
Its largest position, FE, represents 17.1% of the portfolio.
Compared with Q1 2019, the fund opened 3 new positions and exited 4.
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 · 100.0% · $164M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SOSOUTHERN CO | NEW | +235.0K | 235.0K | +$13M | $13M |
| ETRENTERGY CORP NEW | NEW | +120.0K | 120.0K | +$12M | $12M |
| NRGNRG ENERGY INC | NEW | +74.2K | 74.2K | +$3M | $3M |
| DUKDUKE ENERGY CORP NEW | ADDED | +224.8K | 259.8K | +$20M | $23M |
| FEFIRSTENERGY CORP | ADDED | +444.6K | 655.0K | +$19M | $28M |
| EXCEXELON CORP | SOLD OUT | −451.4K | 0 | −$23M | $0 |
| EDCONSOLIDATED EDISON INC | SOLD OUT | −181.7K | 0 | −$15M | $0 |
| ESEVERSOURCE ENERGY | SOLD OUT | −101.0K | 0 | −$7M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | FEFIRSTENERGY CORPhistory → | COM | 17.14% | $28M | 655.0K |
| 2 | CNPCENTERPOINT ENERGY INChistory → | COM | 14.79% | $24M | 844.9K |
| 3 | NINISOURCE INChistory → | COM | 14.61% | $24M | 830.0K |
| 4 | DDOMINION ENERGY INChistory → | COM | 14.45% | $24M | 305.8K |
| 5 | DUKDUKE ENERGY CORP NEWhistory → | COM NEW | 14.01% | $23M | 259.8K |
| 6 | SOSOUTHERN COhistory → | COM | 7.94% | $13M | 235.0K |
| 7 | ETRENTERGY CORP NEWhistory → | COM | 7.55% | $12M | 120.0K |
| 8 | CMSCMS ENERGY CORPhistory → | COM | 4.43% | $7M | 125.0K |
| 9 | SRESEMPRA ENERGYhistory → | COM | 2.52% | $4M | 30.0K |
| 10 | NRGNRG ENERGY INChistory → | COM NEW | 1.59% | $3M | 74.2K |
| 11 | LNTALLIANT ENERGY CORP | COM | 0.96% | $2M | 31.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2021 | $136M | 21 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $69M | 12 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $138M | 15 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $123M | 19 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $145M | 11 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $78M | 16 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $137M | 15 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $82M | 9 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $217M | 16 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $119M | 13 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $164M | 11 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $171M | 12 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $6M | 1 | Feb 14, 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 ↗.