Managers / Q4 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 $145M in U.S.-listed holdings across 11 positions for Q4 2020.
The portfolio is heavily concentrated: CNP alone accounts for 25.1% of reported value.
Compared with Q3 2020, the fund opened 8 new positions and exited 13.
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 · 91.2% · $132M
- Other · 8.8% · $13M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DTEDTE ENERGY CO | NEW | +171.0K | 171.0K | +$21M | $21M |
| EVRGEVERGY INC | NEW | +346.2K | 346.2K | +$19M | $19M |
| FLEX LTD | NEW | +598.6K | 598.6K | +$11M | $11M |
| XELXCEL ENERGY INC | NEW | +140.0K | 140.0K | +$9M | $9M |
| NINISOURCE INC | NEW | +390.0K | 390.0K | +$9M | $9M |
| PNWPINNACLE WEST CAP CORP | NEW | +40.0K | 40.0K | +$3M | $3M |
| STAR PEAK ENERGY TRANSITION | NEW | +95.0K | 95.0K | +$2M | $2M |
| EOSEEOS ENERGY ENTERPRISES INC | NEW | +40.1K | 40.1K | +$835,000 | $835,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CNPCENTERPOINT ENERGY INChistory → | COM | 25.13% | $36M | 1.69M |
| 2 | NEENEXTERA ENERGY INChistory → | COM | 16.22% | $24M | 305.0K |
| 3 | DTEDTE ENERGY COhistory → | COM | 14.31% | $21M | 171.0K |
| 4 | EVRGEVERGY INChistory → | COM | 13.24% | $19M | 346.2K |
| 5 | FLEX LTD | ORD | 7.42% | $11M | 598.6K |
| 6 | SRESEMPRA ENERGYhistory → | COM | 6.96% | $10M | 79.3K |
| 7 | XELXCEL ENERGY INChistory → | COM | 6.43% | $9M | 140.0K |
| 8 | NINISOURCE INChistory → | COM | 6.17% | $9M | 390.0K |
| 9 | PNWPINNACLE WEST CAP CORPhistory → | COM | 2.20% | $3M | 40.0K |
| 10 | STAR PEAK ENERGY TRANSITION | CL A | 1.34% | $2M | 95.0K |
| 11 | EOSEEOS ENERGY ENTERPRISES INC | COM CL A | 0.58% | $835,000 | 40.1K |
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 ↗ |
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 ↗.