In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 16, 2024), Teilinger Capital Ltd. reported 7 stock positions worth $166.8 million . Its top holding was PPL (PPL) at 29.7% of the portfolio, followed by Evergy (EVRG, 26.0% ) and Centerpoint Energy (CNP, 15.9% ). Compared with Q2 2024, it opened 3 new positions, sold out of 9, added to 2 and reduced 1. The biggest buy was PPL (PPL, shares +50% ) and the biggest sale an exit from Sunnova Energy International (NOVAQ).
Location HOUSTON, TX
CIK 0001531879
Portfolio Value $166.8M (Q3 2024) Holdings 7 stocks · $166.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 PPL PPL Corp. 1,500,000 $49.6M Add +50.0% EVRG Evergy Inc. 700,000 $43.4M Add +79.5% CNP Centerpoint Energy Inc. 900,000 $26.5M New XEL Xcel Energy Inc. 325,000 $21.2M Reduce -45.8% PCG P G & E Corp. 700,000 $13.8M New SMCI Super Micro Computer Inc. 150,000 $6.2M New AES AES Corp. 300,000 $6.0M No change
Options reported separately and not counted above: PYPL calls ($70.2M), SMCI calls ($28.5M), SMCI puts ($12.5M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $29K (not counted above) Security Class Shares / Principal Value Change NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 25,000 $29K No change
Total filed on the 13F, all lines: $166.9M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ NOVAQ Sunnova Energy International Sold out 0.00% −15.76 USMV iShares MSCI USA Min Vol Fac Sold out 0.00% −9.64 SRE Sempra Sold out 0.00% −8.34 MUB iShares National Muni Bond E Sold out 0.00% −6.60 TLT iShares 20+ Year Treasury BD Sold out 0.00% −5.68 WEC WEC Energy Group Inc. Sold out 0.00% −4.67 LNG Cheniere Energy Inc. Sold out 0.00% −3.75 EMB iShares JP Morgan Usd Emergi Sold out 0.00% −3.16 XEL Xcel Energy Inc. Reduce -45.8% 12.72% −2.55 IEI iShares 3-7 Year Treasury Bo Sold out 0.00% −1.60
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ PPL PPL Corp. Add +50.0% 29.74% +16.57 EVRG Evergy Inc. Add +79.5% 26.02% +16.18 CNP Centerpoint Energy Inc. New 15.87% +15.87 PCG P G & E Corp. New 8.30% +8.30 SMCI Super Micro Computer Inc. New 3.74% +3.74
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ PYPL PayPal Holdings Inc. call Add +5438.5% 900,000 $70.2M SMCI Super Micro Computer Inc. call New 683,400 $28.5M SMCI Super Micro Computer Inc. put New 301,000 $12.5M USMV iShares MSCI USA Min Vol Fac put Sold out 98,200 $8.2Mbefore exit HYG Ishr Ibx Usd Hiyld CB ETF-Ui call Sold out 100,000 $7.7Mbefore exit CRWD CrowdStrike Holdings Inc. Class A put Sold out 3,748 $1.4Mbefore exit CRWD CrowdStrike Holdings Inc. Class A call Sold out 2,643 $1.0Mbefore exit PYPL PayPal Holdings Inc. put Sold out 2,500 $145Kbefore exit GME Gamestop Corp. Class A put Sold out 1,756 $43Kbefore exit GME Gamestop Corp. Class A call Sold out 325 $8Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 5 $151.4M XEL, DTE, PCG, NRG, BABA Q1 2026 6 $155.2M XEL, DTE, PCG, BABA, PPL Q4 2025 5 $98.1M EVRG, DTE, XEL, PPL, BABA Q3 2025 6 $93.2M EVRG, ETR, XEL, NEE, PCG Q2 2025 4 $97.9M EVRG, XEL, PCG, ETR Q1 2025 6 $100.0M EVRG, XEL, PCG, NVDA, D Q4 2024 10 $131.2M EVRG, MSTR, XEL, PPL, PCG Q3 2024 7 $166.8M PPL, EVRG, CNP, XEL, PCG Q2 2024 13 $209.9M NOVAQ, XEL, PPL, EVRG, USMV Q1 2024 Amended 13 $233.0M USMV, NOVAQ, IEI, PPL, NI