Managers / Q1 2020 · view latest →
LNZ Capital LP
CIK 0001666868 · 411 LAFAYETTE STREET, 6TH FLOOR, NEW YORK, NY, 10003 · (212) 235-2675
Summary
Lnz Capital LP reported $82M in U.S.-listed holdings across 9 positions for Q1 2020.
Its largest position, ED, represents 18.1% of the portfolio.
Compared with Q4 2019, the fund opened 5 new positions and exited 12.
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% · $82M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ESEVERSOURCE ENERGY | NEW | +178.9K | 178.9K | +$14M | $14M |
| XELXCEL ENERGY INC | NEW | +210.0K | 210.0K | +$13M | $13M |
| PEGPUBLIC SVC ENTERPRISE GRP IN | NEW | +264.5K | 264.5K | +$12M | $12M |
| WECWEC ENERGY GROUP INC | NEW | +75.0K | 75.0K | +$7M | $7M |
| LNTALLIANT ENERGY CORP | NEW | +20.0K | 20.0K | +$966,000 | $966,000 |
| NINISOURCE INC | SOLD OUT | −989.3K | 0 | −$28M | $0 |
| AEPAMERICAN ELEC PWR CO INC | SOLD OUT | −243.7K | 0 | −$23M | $0 |
| EXCEXELON CORP | SOLD OUT | −413.0K | 0 | −$19M | $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 | EDCONSOLIDATED EDISON INChistory → | COM | 18.13% | $15M | 190.6K |
| 2 | ESEVERSOURCE ENERGYhistory → | COM | 17.06% | $14M | 178.9K |
| 3 | XELXCEL ENERGY INChistory → | COM | 15.44% | $13M | 210.0K |
| 4 | PEGPUBLIC SVC ENTERPRISE GRP INhistory → | COM | 14.49% | $12M | 264.5K |
| 5 | AEEAMEREN CORPhistory → | COM | 12.88% | $11M | 145.0K |
| 6 | FEFIRSTENERGY CORPhistory → | COM | 10.75% | $9M | 220.0K |
| 7 | WECWEC ENERGY GROUP INChistory → | COM | 8.06% | $7M | 75.0K |
| 8 | EIXEDISON INTLhistory → | COM | 2.01% | $2M | 30.0K |
| 9 | LNTALLIANT ENERGY CORPhistory → | COM | 1.18% | $966,000 | 20.0K |
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 ↗.