Managers / Q1 2021 · view latest →
LNZ Capital LP
CIK 0001666868 · 411 LAFAYETTE STREET, 6TH FLOOR, NEW YORK, NY, 10003 · (212) 235-2675
Summary
Lnz Capital LP reported $123M in U.S.-listed holdings across 19 positions for Q1 2021.
Its largest position, PEG, represents 17.7% of the portfolio.
Compared with Q4 2020, the fund opened 16 new positions and exited 8.
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 · 88.0% · $108M
- Other · 12.0% · $15M
- Equity WRT · 0.0% · $31,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PEGPUBLIC SVC ENTERPRISE GRP IN | NEW | +361.0K | 361.0K | +$22M | $22M |
| ETRENTERGY CORP NEW | NEW | +210.2K | 210.2K | +$21M | $21M |
| ALUSSA ENERGY ACQUISITION CO | NEW | +1.00M | 1.00M | +$10M | $10M |
| GMGENERAL MTRS CO | NEW | +125.0K | 125.0K | +$7M | $7M |
| FFORD MTR CO DEL | NEW | +415.0K | 415.0K | +$5M | $5M |
| WECWEC ENERGY GROUP INC | NEW | +50.0K | 50.0K | +$5M | $5M |
| AESAES CORP | NEW | +150.0K | 150.0K | +$4M | $4M |
| APTIV PLC | NEW | +26.0K | 26.0K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PEGPUBLIC SVC ENTERPRISE GRP INhistory → | COM | 17.67% | $22M | 361.0K |
| 2 | ETRENTERGY CORP NEWhistory → | COM | 16.99% | $21M | 210.2K |
| 3 | NEENEXTERA ENERGY INChistory → | COM | 13.52% | $17M | 220.0K |
| 4 | SRESEMPRA ENERGYhistory → | COM | 12.50% | $15M | 116.0K |
| 5 | ALUSSA ENERGY ACQUISITION CO | SHS CL A | 8.14% | $10M | 1.00M |
| 6 | GMGENERAL MTRS COhistory → | COM | 5.84% | $7M | 125.0K |
| 7 | FFORD MTR CO DELhistory → | COM | 4.13% | $5M | 415.0K |
| 8 | WECWEC ENERGY GROUP INChistory → | COM | 3.80% | $5M | 50.0K |
| 9 | AESAES CORPhistory → | COM | 3.27% | $4M | 150.0K |
| 10 | APTIV PLC | SHS | 2.91% | $4M | 26.0K |
| 11 | XELXCEL ENERGY INChistory → | COM | 2.43% | $3M | 45.0K |
| 12 | DUKDUKE ENERGY CORP NEWhistory → | COM NEW | 2.43% | $3M | 31.0K |
| 13 | MGAMAGNA INTL INChistory → | COM | 2.22% | $3M | 31.0K |
| 14 | ESEVERSOURCE ENERGYhistory → | COM | 2.11% | $3M | 30.0K |
| 15 | EIXEDISON INTLhistory → | COM | 1.10% | $1M | 23.0K |
| 16 | CLIMWCLIMATE REAL IMPACT SLUTINS | COM CL A · *W EXP 01/29/202 | 0.76% | $935,000 | 121.3K |
| 17 | IVANHOE CAPITAL ACQUISTIN CO | COM CL A | 0.15% | $185,000 | 18.7K |
| 18 | SWITCHBACK II CORPORATION | *W EXP 01/07/202 | 0.02% | $28,000 | 14.3K |
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 ↗.