Teilinger Capital Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Teilinger Capital Ltd. reported 6 stock positions worth $155.2 million. Its top holding was Xcel Energy (XEL) at 33.8% of the portfolio, followed by DTE Energy (DTE, 31.1%) and P G & E (PCG, 18.1%). Compared with Q4 2025, it opened 2 new positions, sold out of 1, added to 3 and reduced 1. The biggest buy was a new position in P G & E (PCG) and the biggest sale an exit from Evergy (EVRG).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001531879
- Portfolio Value
- $155.2M (Q1 2026)
- SEC Filing
- 0001546531-26-000009 ↗ filed May 13, 2026
Holdings Value
Holdings 6 stocks · $155.2M
| XEL Xcel Energy Inc. | 33.77% | 660,000 | $52.4M | Add +85.9% |
| DTE DTE Energy Company | 31.08% | 330,000 | $48.3M | Add +37.5% |
| PCG P G & E Corp. | 18.11% | 1,600,000 | $28.1M | New |
| BABA Alibaba Group Holding-SP ADR | 9.56% | 118,304 | $14.8M | Add +688.7% |
| PPL PPL Corp. | 4.18% | 170,000 | $6.5M | Reduce -20.9% |
| NRG NRG Energy Inc. | 3.29% | 35,000 | $5.1M | New |
Options reported separately and not counted above: BABA puts ($297.7M), BABA calls ($230.8M), SNDK puts ($171.5M), SNDK calls ($171.5M), BE puts ($95.2M), TSLA calls ($66.9M), TSLA puts ($52.0M), BE calls ($25.8M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $7K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 25,000 | $7K | No change |
Total filed on the 13F, all lines: $155.3M.
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
Options Activity Q4 2025 → Q1 2026
| BABA Alibaba Group Holding-SP ADR | put | Add +129.7% | 2,373,000 | $297.7M |
| BABA Alibaba Group Holding-SP ADR | call | Add +256.4% | 1,839,500 | $230.8M |
| MU Micron Technology Inc. | put | Sold out | 701,600 | $200.2Mbefore exit |
| SNDK Sandisk Corp. | put | New | 270,000 | $171.5M |
| SNDK Sandisk Corp. | call | New | 270,000 | $171.5M |
| BE Bloom Energy Corp. Class A | put | New | 702,800 | $95.2M |
| TSLA Tesla Inc. | call | Reduce -73.9% | 180,000 | $66.9M |
| TSLA Tesla Inc. | put | Reduce -94.0% | 140,000 | $52.0M |
| MU Micron Technology Inc. | call | Sold out | 170,000 | $48.5Mbefore exit |
| BE Bloom Energy Corp. Class A | call | New | 190,100 | $25.8M |
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 |