SEC 13F Intelligence

Managers / Q2 2020 · view latest →

LNZ Capital LP

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

Reported Value
$137M
Q2 2020
Positions
15
Filings on Record
13
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Lnz Capital LP reported $137M in U.S.-listed holdings across 15 positions for Q2 2020.

Its largest position, FE, represents 19.0% of the portfolio.

Compared with Q1 2020, the fund opened 9 new positions and exited 3.

Portfolio Metrics

Turnover
+42.5%
vs prior filed quarter
Top-10 Concentration
+89.2%
share of reported value
Largest Position
+19.0%
Firstenergy
New / Exited
9 / 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% · $137M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ETRENTERGY CORP NEWNEW+272.0K272.0K+$26M$26M
NINISOURCE INCNEW+750.0K750.0K+$17M$17M
EVRGEVERGY INCNEW+127.7K127.7K+$8M$8M
OGEOGE ENERGY CORPNEW+175.4K175.4K+$5M$5M
NRGNRG ENERGY INCNEW+136.0K136.0K+$4M$4M
PPLPPL CORPNEW+150.0K150.0K+$4M$4M
DUKDUKE ENERGY CORP NEWNEW+40.0K40.0K+$3M$3M
VSTVISTRA ENERGY CORPNEW+120.0K120.0K+$2M$2M

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

Holdings — Q2 2020

15 positions
#IssuerClass% PortfolioValueShares
1FEFIRSTENERGY CORPhistory →COM19.03%$26M672.0K
2ETRENTERGY CORP NEWhistory →COM18.63%$26M272.0K
3AEEAMEREN CORPhistory →COM12.85%$18M250.0K
4NINISOURCE INChistory →COM12.45%$17M750.0K
5ESEVERSOURCE ENERGYhistory →COM6.67%$9M109.6K
6EVRGEVERGY INChistory →COM5.53%$8M127.7K
7OGEOGE ENERGY CORPhistory →COM3.89%$5M175.4K
8EIXEDISON INTLhistory →COM3.70%$5M93.4K
9NRGNRG ENERGY INChistory →COM NEW3.23%$4M136.0K
10XELXCEL ENERGY INChistory →COM3.19%$4M70.0K
11PPLPPL CORPhistory →COM2.83%$4M150.0K
12LNTALLIANT ENERGY CORPhistory →COM2.45%$3M70.0K
13DUKDUKE ENERGY CORP NEWhistory →COM NEW2.33%$3M40.0K
14VSTVISTRA ENERGY CORPhistory →COM1.63%$2M120.0K
15NEENEXTERA ENERGY INChistory →COM1.58%$2M9.0K

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 ↗.