SEC 13F Intelligence

Managers / Q4 2019 · view latest →

LNZ Capital LP

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

Reported Value
$217M
Q4 2019
Positions
16
Filings on Record
13
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Lnz Capital LP reported $217M in U.S.-listed holdings across 16 positions for Q4 2019.

Its largest position, NI, represents 12.7% of the portfolio.

Compared with Q3 2019, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover
+31.2%
vs prior filed quarter
Top-10 Concentration
+90.3%
share of reported value
Largest Position
+12.7%
Nisource
New / Exited
6 / 3
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: 100.0%
  • Common Stock · 100.0% · $217M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NINISOURCE INCNEW+989.3K989.3K+$28M$28M
AEEAMEREN CORPNEW+311.7K311.7K+$24M$24M
FEFIRSTENERGY CORPNEW+480.0K480.0K+$23M$23M
AEPAMERICAN ELEC PWR CO INCNEW+243.7K243.7K+$23M$23M
EVRGEVERGY INCNEW+205.0K205.0K+$13M$13M
TXNMPNM RES INCNEW+10.0K10.0K+$507,000$507,000
DUKDUKE ENERGY CORP NEWADDED+161.8K187.9K+$15M$17M
CMSCMS ENERGY CORPADDED+84.0K120.0K+$5M$8M

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

Holdings — Q4 2019

16 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NINISOURCE INChistory →COM12.71%$28M989.3K
2EDCONSOLIDATED EDISON INChistory →COM11.61%$25M278.0K
3AEEAMEREN CORPhistory →COM11.05%$24M311.7K
4FEFIRSTENERGY CORPhistory →COM10.77%$23M480.0K
5AEPAMERICAN ELEC PWR CO INChistory →COM10.63%$23M243.7K
6EXCEXELON CORPhistory →COM8.69%$19M413.0K
7DUKDUKE ENERGY CORP NEWhistory →COM NEW7.91%$17M187.9K
8DDOMINION ENERGY INChistory →COM7.26%$16M190.0K
9EVRGEVERGY INChistory →COM6.16%$13M205.0K
10CMSCMS ENERGY CORPhistory →COM3.48%$8M120.0K
11DTEDTE ENERGY COhistory →COM3.19%$7M53.1K
12EIXEDISON INTLhistory →COM2.64%$6M76.0K
13AVANGRID INCCOM1.32%$3M55.9K
14ETRENTERGY CORP NEWhistory →COM1.27%$3M23.0K
15PORPORTLAND GEN ELEC COhistory →COM NEW1.09%$2M42.2K
16TXNMPNM RES INCCOM0.23%$507,00010.0K

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 ↗.