SEC 13F Intelligence

Managers / Q3 2020 · view latest →

LNZ Capital LP

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

Reported Value
$78M
Q3 2020
Positions
16
Filings on Record
13
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Lnz Capital LP reported $78M in U.S.-listed holdings across 16 positions for Q3 2020.

The portfolio is heavily concentrated: SO alone accounts for 31.5% of reported value.

Compared with Q2 2020, the fund opened 12 new positions and exited 11.

Portfolio Metrics

Turnover
+63.1%
vs prior filed quarter
Top-10 Concentration
+95.5%
share of reported value
Largest Position
+31.5%
Southern
New / Exited
12 / 11
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% · $78M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOSOUTHERN CONEW+455.0K455.0K+$25M$25M
AESAES CORPNEW+1.12M1.12M+$20M$20M
DDOMINION ENERGY INCNEW+125.0K125.0K+$10M$10M
SRESEMPRA ENERGYNEW+20.0K20.0K+$2M$2M
AEPAMERICAN ELEC PWR CO INCNEW+20.0K20.0K+$2M$2M
CNPCENTERPOINT ENERGY INCNEW+60.0K60.0K+$1M$1M
AVANGRID INCNEW+20.0K20.0K+$1M$1M
TPI COMPOSITES INCNEW+21.4K21.4K+$621,000$621,000

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

Holdings — Q3 2020

16 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SOSOUTHERN COhistory →COM31.47%$25M455.0K
2AESAES CORPhistory →COM25.85%$20M1.12M
3DDOMINION ENERGY INChistory →COM12.59%$10M125.0K
4NEENEXTERA ENERGY INChistory →COM8.50%$7M24.0K
5NRGNRG ENERGY INChistory →COM NEW5.49%$4M140.0K
6ETRENTERGY CORP NEWhistory →COM3.14%$2M25.0K
7SRESEMPRA ENERGYhistory →COM3.02%$2M20.0K
8AEPAMERICAN ELEC PWR CO INChistory →COM2.09%$2M20.0K
9OGEOGE ENERGY CORPhistory →COM1.91%$2M50.0K
10CNPCENTERPOINT ENERGY INChistory →COM1.48%$1M60.0K
11AVANGRID INCCOM1.29%$1M20.0K
12TPI COMPOSITES INCCOM0.79%$621,00021.4K
13GNRCGENERAC HLDGS INCCOM0.79%$620,0003.2K
14BLDPBALLARD PWR SYS INC NEWCOM0.75%$590,00039.1K
15SEDGSOLAREDGE TECHNOLOGIES INCCOM0.42%$333,0001.4K
16ENPHENPHASE ENERGY INCCOM0.41%$323,0003.9K

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 ↗.