Teilinger Capital Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Teilinger Capital Ltd. reported 4 stock positions worth $97.9 million. Its top holding was Evergy (EVRG) at 47.9% of the portfolio, followed by Xcel Energy (XEL, 20.9%) and P G & E (PCG, 18.5%). Compared with Q1 2025, it opened 1 new position, sold out of 3, added to 1 and reduced 2. The biggest buy was a new position in Entergy (ETR) and the biggest sale Xcel Energy (XEL, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001531879
- Portfolio Value
- $97.9M (Q2 2025)
- SEC Filing
- 0001546531-25-000006 ↗ filed Aug 12, 2025
Holdings Value
Holdings 4 stocks · $97.9M
| EVRG Evergy Inc. | 47.88% | 680,000 | $46.9M | Reduce -9.3% |
| XEL Xcel Energy Inc. | 20.87% | 300,000 | $20.4M | Reduce -16.7% |
| PCG P G & E Corp. | 18.51% | 1,300,000 | $18.1M | Add +26.8% |
| ETR Entergy Corp. | 12.74% | 150,000 | $12.5M | New |
Options reported separately and not counted above: ADBE calls ($4.7M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $8K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 25,000 | $8K | No change |
Total filed on the 13F, all lines: $97.9M.
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
Options Activity Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | put | Sold out | 4,237,700 | $459.3Mbefore exit |
| MU Micron Technology Inc. | put | Sold out | 3,776,900 | $328.2Mbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 2,538,300 | $275.1Mbefore exit |
| MU Micron Technology Inc. | call | Sold out | 3,151,700 | $273.9Mbefore exit |
| AVGO Broadcom Inc. | call | Sold out | 1,294,500 | $216.7Mbefore exit |
| AVGO Broadcom Inc. | put | Sold out | 926,600 | $155.1Mbefore exit |
| MSTR Strategy Inc. | call | Sold out | 241,100 | $69.5Mbefore exit |
| SMCI Super Micro Computer Inc. | call | Sold out | 1,951,700 | $66.8Mbefore exit |
| MSTR Strategy Inc. | put | Sold out | 230,000 | $66.3Mbefore exit |
| SMCI Super Micro Computer Inc. | put | Sold out | 385,000 | $13.2Mbefore exit |
| ADBE Adobe Inc. | call | New | 12,200 | $4.7M |
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 2024Amended | 13 | $233.0M | USMV, NOVAQ, IEI, PPL, NI |