Arosa Capital Management LP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Arosa Capital Management LP reported 27 stock positions worth $141.0 million. Its top holding was GE Vernova (GEV) at 14.3% of the portfolio, followed by Nextpower (NXT, 7.2%) and Clean Energy Fuels (CLNE, 6.8%). Compared with Q2 2024, it opened 8 new positions, sold out of 9, added to 7 and reduced 7. The biggest buy was a new position in First Solar (FSLR) and the biggest sale an exit from MYR Group Inc./Delaware (MYRG).

Most Recent 13F
Q2 2026
Location
MIAMI BEACH, FL
CIK
0001596053
Portfolio Value
$141.0M (Q3 2024)
SEC Filing
0001596053-24-000010 ↗ filed Nov 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $147.1M Q1 2024 Q2 2024: $128.2M Q2 2024 Q3 2024: $141.0M $141.0M Q3 2024 Q4 2024: $150.2M Q4 2024 Q1 2025: $150.7M Q1 2025 Q2 2025: $135.9M Q2 2025 Q3 2025: $61.6M Q3 2025 Q4 2025: $155.2M Q4 2025 Q1 2026: $152.1M Q1 2026 Q2 2026: $113.4M Q2 2026

Holdings 27 stocks · $141.0M
GEV GE Vernova Inc. 14.30% 79,100 $20.2M Reduce -17.1%
NXT Nextpower Inc. filed as NEXTRACKER INC 7.17% 269,800 $10.1M Add +107.9%
CLNE Clean Energy Fuels Corp. 6.79% 3,081,189 $9.6M Reduce -4.0%
FSLR First Solar Inc. 6.79% 38,400 $9.6M New
CWEN Clearway Energy Inc. Class C 6.69% 307,673 $9.4M No change
PWR Quanta Services Inc. 6.45% 30,500 $9.1M No change
ENS Enersys 6.43% 88,900 $9.1M No change
PRIM Primoris Services Corp. 5.87% 142,600 $8.3M No change
AMRC Ameresco Inc. Class A 4.25% 157,886 $6.0M Reduce -29.2%
ATKR Atkore Inc. 3.60% 60,000 $5.1M New
OKLO Oklo Inc. 3.44% 600,000 $4.9M Add +37.0%
SHLS Shoals Technologies Group -A 3.38% 850,000 $4.8M Reduce -0.3%
RUN Sunrun Inc. 3.25% 253,800 $4.6M Reduce -39.1%
ENPH Enphase Energy Inc. 2.80% 35,000 $4.0M Add +16.7%
NVT Nvent Electric PLC 2.33% 46,700 $3.3M No change
RACE Ferrari NV 2.20% 6,600 $3.1M Reduce -16.5%
FCX Freeport-McMoran Inc. 1.77% 50,000 $2.5M New
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 1.74% 34,000 $2.4M New
NXPI NXP Semiconductors NV 1.70% 10,000 $2.4M Add +38.9%
VNOM Viper Energy Inc. 1.54% 48,000 $2.2M Reduce -20.0%
VRT Vertiv Holdings Co. Class A 1.41% 20,000 $2.0M Add +42.9%
PR Permian Resources Corp. Class A 1.39% 144,000 $2.0M Add +12.5%
CNQ Canadian Natural Resources 1.32% 56,000 $1.9M New
AN Autonation Inc. 1.14% 9,000 $1.6M New
NPWR Net Power Inc. 0.94% 188,900 $1.3M Add +20.4%
GPI Group 1 Automotive Inc. 0.71% 2,600 $996K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.59% 20,000 $839K New

Options reported separately and not counted above: TAN calls ($38.8M), OIH puts ($17.0M), OIH calls ($17.0M), ICLN calls ($14.7M), TAN puts ($12.9M), ICLN puts ($10.3M), SHLS calls ($2.8M), OKLO calls ($1.6M).

Other holdings (2): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
SecurityClassShares / PrincipalValueChange
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal 2,000,000$1.8MNew
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 106,249$123KNo change

Total filed on the 13F, all lines: $143.0M.

Portfolio Sells Q2 2024 → Q3 2024
MYRG MYR Group Inc./Delaware Sold out 0.00% −4.99
CTRI Centuri Holdings Inc. Sold out 0.00% −4.05
ETN Eaton Corp. PLC Sold out 0.00% −2.93
FLNC Fluence Energy Inc. Sold out 0.00% −2.90
AR Antero Resources Corp. Sold out 0.00% −1.73
MPC Marathon Petroleum Corp. Sold out 0.00% −1.62
OXY Occidental Petroleum Corp. Sold out 0.00% −0.98
SHLS Shoals Technologies Group -A Reduce -0.3% 3.38% −0.77
AMRC Ameresco Inc. Class A Reduce -29.2% 4.25% −0.76
EQT Eqt Corp. Sold out 0.00% −0.75
RUN Sunrun Inc. Reduce -39.1% 3.25% −0.61
TE T1 Energy Inc. Sold out 0.00% −0.58
RACE Ferrari NV Reduce -16.5% 2.20% −0.32
VNOM Viper Energy Inc. Reduce -20.0% 1.54% −0.22
CLNE Clean Energy Fuels Corp. Reduce -4.0% 6.79% +0.11
GEV GE Vernova Inc. Reduce -17.1% 14.30% +1.54

Portfolio Buys Q2 2024 → Q3 2024
FSLR First Solar Inc. New 6.79% +6.79
ATKR Atkore Inc. New 3.60% +3.60
NXT Nextpower Inc. Add +107.9% 7.17% +2.42
FCX Freeport-McMoran Inc. New 1.77% +1.77
APTV Aptiv Irish Holdings Ltd. New 1.74% +1.74
CNQ Canadian Natural Resources New 1.32% +1.32
AN Autonation Inc. New 1.14% +1.14
GPI Group 1 Automotive Inc. New 0.71% +0.71
SLB SLB Ltd. New 0.59% +0.59
OKLO Oklo Inc. Add +37.0% 3.44% +0.55
ENPH Enphase Energy Inc. Add +16.7% 2.80% +0.47
VRT Vertiv Holdings Co. Class A Add +42.9% 1.41% +0.47
NXPI NXP Semiconductors NV Add +38.9% 1.70% +0.19
PR Permian Resources Corp. Class A Add +12.5% 1.39% −0.22
NPWR Net Power Inc. Add +20.4% 0.94% −0.26

Options Activity Q2 2024 → Q3 2024
TAN Invesco Solar ETF call New 900,000 $38.8M
OIH Vaneck Oil Services ETF put New 60,000 $17.0M
OIH Vaneck Oil Services ETF call New 60,000 $17.0M
ICLN iShares Global Clean Energy call New 1,000,000 $14.7M
TAN Invesco Solar ETF put Reduce -57.1% 300,000 $12.9M
ICLN iShares Global Clean Energy put New 700,000 $10.3M
XLE SS Energy Select Sector call Sold out 90,000 $8.2Mbefore exit
ENPH Enphase Energy Inc. call Sold out 75,000 $7.5Mbefore exit
SHLS Shoals Technologies Group -A call New 500,000 $2.8M
OKLO Oklo Inc. call Reduce -60.0% 200,000 $1.6M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2024 → Q3 2024
RIVIAN AUTO INC (RIVN 4.625 03/15/29) NOTE 4.625% 3/1 · principal New 2,000,000 $1.8M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 19$113.4MVICR, MPWR, POWI, Q, WMB
Q1 2026 46$152.1MVICR, ECG, BW, CCJ, NXT
Q4 2025 52$155.2MVICR, ORA, BE, WMB, ETN
Q3 2025 41$61.6MNXPI, CEG, RACE, CCJ, BWXT
Q2 2025 37$135.9MCCJ, CTRI, IMSR, ECG, AMTM
Q1 2025 33$150.7MGEV, CCJ, MIR, MTZ, FSLR
Q4 2024 31$150.2MGEV, CCJ, PRIM, ETN, FSLR
Q3 2024 27$141.0MGEV, NXT, CLNE, FSLR, CWEN
Q2 2024Amended 28$128.2MGEV, ENS, CLNE, PWR, CWEN
Q1 2024 31$147.1MNVT, SHLS, CLNE, PWR, PRIM