Zimmer Partners, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Zimmer Partners, LP reported 111 stock positions worth $4.2 billion. Its top holding was Welltower (WELL) at 6.0% of the portfolio, followed by Nisource (NI, 4.8%) and Eversource Energy (ES, 4.6%). Compared with Q1 2026, it opened 38 new positions, sold out of 44, added to 28 and reduced 37. The biggest buy was a new position in Madison Air Solutions Class A (MAIR) and the biggest sale Agree Realty (ADC, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001565854
- Portfolio Value
- $4.2B (Q2 2026)
- SEC Filing
- 0001565854-26-000003 ↗ filed Aug 14, 2026
Holdings Value
Holdings 111 stocks · $4.2B
| WELL Welltower Inc. | 6.03% | 1,123,925 | $255.1M | Add +0.5% |
| NI Nisource Inc. | 4.81% | 4,277,259 | $203.4M | Reduce -16.8% |
| ES Eversource Energy | 4.60% | 2,691,701 | $194.5M | Reduce -19.5% |
| KGS Kodiak Gas Services Inc. | 4.50% | 2,530,838 | $190.1M | Add +6.3% |
| XEL Xcel Energy Inc. | 4.41% | 2,323,610 | $186.6M | Reduce -11.6% |
| TRGP Targa Resources Corp. | 4.15% | 654,500 | $175.5M | Reduce -17.7% |
| PCG P G & E Corp. | 3.93% | 9,884,115 | $166.3M | Add +54.0% |
| MAIR Madison Air Solutions Corp. Class A | 3.83% | 4,150,810 | $161.9M | New |
| PPL PPL Corp. | 3.37% | 3,922,800 | $142.6M | New |
| KMI Kinder Morgan Inc. | 3.36% | 4,445,100 | $142.1M | Reduce -22.5% |
| ADC Agree Realty Corp. | 3.30% | 1,843,300 | $139.6M | Reduce -44.1% |
| FPS Forgent Power Solutions Class A | 3.00% | 2,271,217 | $126.9M | Add +16.4% |
| LNG Cheniere Energy Inc. | 2.65% | 469,000 | $112.1M | Add +752.7% |
| SRE Sempra | 2.02% | 918,800 | $85.2M | Add +31.3% |
| MGEE Mge Energy Inc. | 1.93% | 1,000,000 | $81.5M | New |
| IDA Idacorp Inc. | 1.65% | 460,562 | $69.7M | Reduce -36.4% |
| JAN Janus Living Inc. Class-A-1 | 1.46% | 2,150,000 | $61.8M | Add +273.9% |
| PH Parker Hannifin Corp. | 1.42% | 61,500 | $60.2M | Add +146.0% |
| CTRE Caretrust REIT Inc. | 1.40% | 1,471,155 | $59.4M | Reduce -1.0% |
| GEV GE Vernova Inc. | 1.22% | 44,000 | $51.7M | Add +486.7% |
| ETR Entergy Corp. | 1.22% | 450,000 | $51.7M | Reduce -51.5% |
| WM Waste Management Inc. | 1.19% | 225,000 | $50.1M | Add +95.7% |
| AZO AutoZone Inc. | 1.15% | 15,150 | $48.4M | Add +203.0% |
| BKV BKV Corporation | 1.08% | 1,673,167 | $45.8M | Reduce -14.0% |
| CNM Core & Main Inc. Class A | 1.07% | 933,357 | $45.0M | Add +117.1% |
| NHP National Healthcare Properti | 1.05% | 3,032,511 | $44.4M | New |
| YORW York Water Co. filed as YORK WTR CO | 1.03% | 1,419,877 | $43.5M | Add +93.8% |
| DLR Digital Realty Trust Inc. | 1.01% | 237,500 | $42.7M | New |
| MOD Modine Manufacturing Co. | 1.00% | 158,830 | $42.4M | New |
| KNTK Kinetik Holdings Inc. | 0.96% | 838,050 | $40.5M | Add +529.4% |
| HESM Hess Midstream LP Class A | 0.89% | 997,643 | $37.5M | Add +232.8% |
| DVN Devon Energy Corp. | 0.86% | 880,900 | $36.4M | New |
| MTZ Mastec Inc. | 0.84% | 85,000 | $35.4M | New |
| CRH CRH PLC | 0.84% | 330,000 | $35.3M | Reduce -17.5% |
| HTO H2O America | 0.74% | 513,500 | $31.2M | Reduce -48.7% |
| AHR American Healthcare REIT Inc. | 0.70% | 565,372 | $29.5M | New |
| ROL Rollins Inc. | 0.69% | 700,000 | $29.2M | Add +366.7% |
| PNR Pentair PLC | 0.68% | 375,000 | $28.7M | Add +87.5% |
| SARO Standardaero Inc. | 0.66% | 930,200 | $27.8M | Add +9.4% |
| EROC Erock Inc. Class A | 0.65% | 1,891,745 | $27.4M | New |
| RYAN Ryan Specialty Holdings Inc. | 0.65% | 725,000 | $27.4M | Reduce -17.1% |
| GPC Genuine Parts Co. | 0.63% | 225,000 | $26.5M | Add +80.0% |
| ITT Itt Inc. | 0.61% | 130,000 | $25.7M | Add +160.0% |
| GNRC Generac Holdings Inc. | 0.60% | 86,300 | $25.3M | Add +58.1% |
| FRVO Fervo Energy Co. Class A | 0.58% | 845,000 | $24.7M | New |
| USAR USA Rare Earth Inc. | 0.58% | 1,132,220 | $24.4M | Reduce -1.7% |
| CMI Cummins Inc. | 0.58% | 34,100 | $24.3M | Add +36.4% |
| BLDR Builders Firstsource Inc. | 0.56% | 262,500 | $23.5M | Reduce -21.1% |
| PNW Pinnacle West Capital | 0.55% | 217,555 | $23.3M | Reduce -56.5% |
| XE X-Energy Inc. | 0.54% | 1,244,674 | $22.9M | New |
| EME Emcor Group Inc. | 0.54% | 27,500 | $22.8M | Reduce -21.4% |
| LGN Legence Corp. Class A | 0.50% | 247,500 | $21.1M | New |
| SYY Sysco Corp. | 0.49% | 250,000 | $20.9M | Add +212.5% |
| JRVR James River Group Holdings I | 0.48% | 4,623,685 | $20.3M | Add +0.7% |
| WULF Terawulf Inc. | 0.46% | 789,000 | $19.5M | Add +502.3% |
| RBC RBC Bearings Inc. | 0.46% | 30,000 | $19.3M | New |
| CPAY Corpay Inc. | 0.40% | 50,700 | $16.9M | Reduce -9.5% |
| LOAR Loar Holdings Inc. | 0.38% | 200,000 | $16.1M | Reduce -65.1% |
| PRIM Primoris Services Corp. | 0.37% | 159,500 | $15.8M | New |
| VRT Vertiv Holdings Co. Class A | 0.36% | 45,000 | $15.1M | New |
| ETN Eaton Corp. PLC | 0.35% | 35,000 | $14.9M | New |
| VG Venture Global Inc. Class A | 0.35% | 1,315,000 | $14.6M | New |
| BKH Black Hills Corp. | 0.34% | 193,534 | $14.4M | Reduce -73.9% |
| SMA Smartstop Self Storage REIT | 0.34% | 437,500 | $14.2M | Reduce -27.1% |
| AR Antero Resources Corp. | 0.33% | 400,000 | $14.1M | Add +88.2% |
| PRMB Primo Brands Corp. | 0.33% | 575,000 | $14.1M | Reduce -19.8% |
| HUT Hut 8 Corp. | 0.33% | 121,400 | $14.0M | Reduce -55.9% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 35,000 | $13.1M | Reduce -73.1% |
| GPOR Gulfport Energy Corp. | 0.31% | 76,000 | $12.9M | New |
| VNOM Viper Energy Inc. Class A | 0.30% | 300,000 | $12.7M | Reduce -61.0% |
| DPC DPC Holdings PLC | 0.29% | 250,000 | $12.3M | New |
| ARXS Arxis Inc. Class A | 0.27% | 250,000 | $11.5M | New |
| CR Crane Co. | 0.26% | 50,000 | $11.2M | Reduce -41.2% |
| MSEX Middlesex Water Co. | 0.23% | 176,903 | $9.9M | No change |
| NEE Nextera Energy Inc. | 0.23% | 109,690 | $9.6M | New |
| SWX Southwest Gas Holdings Inc. | 0.23% | 108,159 | $9.6M | Reduce -82.2% |
| FCX Freeport-McMoran Inc. | 0.22% | 150,000 | $9.4M | Reduce -36.8% |
| QXO Qxo Inc. | 0.22% | 529,980 | $9.2M | Reduce -66.3% |
| KYN Kayne Anderson Energy Infra | 0.21% | 652,500 | $9.0M | Add +11.1% |
| MSFT Microsoft Corp. | 0.19% | 21,500 | $8.0M | No change |
| TDG Transdigm Group Inc. | 0.19% | 5,955 | $7.9M | Reduce -76.2% |
| VRTS Virtus Investment Partners | 0.17% | 50,708 | $7.3M | Reduce -39.7% |
| STC Stewart Information Services | 0.17% | 109,600 | $7.2M | Reduce -55.4% |
| NTST Netstreit Corp. | 0.16% | 315,500 | $6.7M | No change |
| FOXA Fox Corp. Class A | 0.15% | 122,500 | $6.4M | New |
| ELDN Eledon Pharmaceuticals Inc. | 0.15% | 1,596,599 | $6.3M | Reduce -14.8% |
| AIV Apartment Invt & Mgmt Co. Class A | 0.14% | 2,027,500 | $6.0M | No change |
| SPCX Space Exploration Techn Class A | 0.14% | 35,000 | $6.0M | New |
| BXP BXP Inc. | 0.14% | 87,500 | $5.8M | New |
| EXR Extra Space Storage Inc. | 0.12% | 36,000 | $5.2M | New |
| DUK Duke Energy Corp. | 0.11% | 37,500 | $4.7M | Reduce -91.4% |
| QNT Quantinuum Inc. Class A | 0.11% | 58,000 | $4.7M | New |
| FCPT Four Corners Property Trust | 0.11% | 185,092 | $4.5M | No change |
| CDNL Cardinal Infrastructure GR-A | 0.09% | 40,000 | $3.8M | New |
| XRN Chiron Real Estate Inc. | 0.08% | 87,500 | $3.3M | New |
| CUBE Cubesmart | 0.06% | 67,500 | $2.7M | No change |
| DOC Healthpeak Properties Inc. | 0.06% | 125,000 | $2.7M | Reduce -7.6% |
| CPT Camden Property Trust | 0.06% | 22,500 | $2.6M | New |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.06% | 20,500 | $2.5M | New |
| VNO Vornado Realty Trust | 0.05% | 55,000 | $2.2M | New |
Options reported separately and not counted above: PCG calls ($54.7M), IDA calls ($11.3M), LGN puts ($10.7M), AHR calls ($10.4M), PPL calls ($9.1M), CNM calls ($4.8M), DUK calls ($4.7M), OKE puts ($4.3M), BKD puts ($4.0M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WHIRLPOOL CORP (WHR 8.5 02/15/29 A) | 8.5 DEP SR A CNV | 50,000 | $1.8M | No change |
Total filed on the 13F, all lines: $4.2B.
Portfolio Sells Q1 2026 → Q2 2026
| ADC Agree Realty Corp. | Reduce -44.1% | 3.30% | −3.04 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −2.46 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −2.29 |
| KMI Kinder Morgan Inc. | Reduce -22.5% | 3.36% | −1.55 |
| ETR Entergy Corp. | Reduce -51.5% | 1.22% | −1.44 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −1.41 |
| DUK Duke Energy Corp. | Reduce -91.4% | 0.11% | −1.35 |
| NI Nisource Inc. | Reduce -16.8% | 4.81% | −1.32 |
| ES Eversource Energy | Reduce -19.5% | 4.60% | −1.31 |
| SWX Southwest Gas Holdings Inc. | Reduce -82.2% | 0.23% | −1.12 |
| IDA Idacorp Inc. | Reduce -36.4% | 1.65% | −0.99 |
| BKH Black Hills Corp. | Reduce -73.9% | 0.34% | −0.97 |
| TRGP Targa Resources Corp. | Reduce -17.7% | 4.15% | −0.94 |
| XEL Xcel Energy Inc. | Reduce -11.6% | 4.41% | −0.92 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.79 |
| HTO H2O America | Reduce -48.7% | 0.74% | −0.76 |
| VSEC Vse Corp. | Sold out | 0.00% | −0.76 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.75 |
| PNW Pinnacle West Capital | Reduce -56.5% | 0.55% | −0.74 |
| NVT Nvent Electric PLC | Sold out | 0.00% | −0.71 |
| GE General Electric | Reduce -73.1% | 0.31% | −0.63 |
| VNOM Viper Energy Inc. Class A | Reduce -61.0% | 0.30% | −0.62 |
| ALH Alliance Laundry Holdings Inc. | Sold out | 0.00% | −0.61 |
| QXO Qxo Inc. | Reduce -66.3% | 0.22% | −0.56 |
| WHR Whirlpool Corp. | Reduce -92.5% | 0.03% | −0.56 |
| TDG Transdigm Group Inc. | Reduce -76.2% | 0.19% | −0.55 |
| CWST Casella Waste Systems Inc. Class A | Sold out | 0.00% | −0.52 |
| CNP Centerpoint Energy Inc. | Sold out | 0.00% | −0.49 |
| LOAR Loar Holdings Inc. | Reduce -65.1% | 0.38% | −0.46 |
| SM SM Energy Co. | Sold out | 0.00% | −0.42 |
| AERO Grupo Aeromexico Sab DE CV | Reduce -95.1% | 0.03% | −0.41 |
| POOL Pool Corp. | Sold out | 0.00% | −0.36 |
| BKV BKV Corporation | Reduce -14.0% | 1.08% | −0.33 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.33 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.30 |
| CRH CRH PLC | Reduce -17.5% | 0.84% | −0.24 |
| WBI Waterbridge Infrastruc Class A | Sold out | 0.00% | −0.22 |
| VVX V2X Inc. | Sold out | 0.00% | −0.22 |
| STC Stewart Information Services | Reduce -55.4% | 0.17% | −0.22 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.21 |
| EQPT Equipmentshare.com Inc. Class A | Sold out | 0.00% | −0.21 |
| EMA Emera Inc. | Sold out | 0.00% | −0.20 |
| INVX Innovex International Inc. | Sold out | 0.00% | −0.19 |
| ALM Almonty Industries Inc. | Sold out | 0.00% | −0.18 |
| FVR Frontview REIT Inc. | Sold out | 0.00% | −0.17 |
| BLDR Builders Firstsource Inc. | Reduce -21.1% | 0.56% | −0.14 |
| FCX Freeport-McMoran Inc. | Reduce -36.8% | 0.22% | −0.13 |
| SMA Smartstop Self Storage REIT | Reduce -27.1% | 0.34% | −0.13 |
| AVAH Aveanna Healthcare Holdings | Sold out | 0.00% | −0.13 |
| BOW Bowhead Specialty Holdings I | Sold out | 0.00% | −0.12 |
Portfolio Buys Q1 2026 → Q2 2026
| MAIR Madison Air Solutions Corp. Class A | New | 3.83% | +3.83 |
| PPL PPL Corp. | New | 3.37% | +3.37 |
| LNG Cheniere Energy Inc. | Add +752.7% | 2.65% | +2.25 |
| MGEE Mge Energy Inc. | New | 1.93% | +1.93 |
| FPS Forgent Power Solutions Class A | Add +16.4% | 3.00% | +1.54 |
| JAN Janus Living Inc. Class-A-1 | Add +273.9% | 1.46% | +1.12 |
| GEV GE Vernova Inc. | Add +486.7% | 1.22% | +1.06 |
| PCG P G & E Corp. | Add +54.0% | 3.93% | +1.05 |
| NHP National Healthcare Properti | New | 1.05% | +1.05 |
| DLR Digital Realty Trust Inc. | New | 1.01% | +1.01 |
| MOD Modine Manufacturing Co. | New | 1.00% | +1.00 |
| KGS Kodiak Gas Services Inc. | Add +6.3% | 4.50% | +0.95 |
| DVN Devon Energy Corp. | New | 0.86% | +0.86 |
| PH Parker Hannifin Corp. | Add +146.0% | 1.42% | +0.85 |
| MTZ Mastec Inc. | New | 0.84% | +0.84 |
| KNTK Kinetik Holdings Inc. | Add +529.4% | 0.96% | +0.79 |
| AZO AutoZone Inc. | Add +203.0% | 1.15% | +0.71 |
| AHR American Healthcare REIT Inc. | New | 0.70% | +0.70 |
| EROC Erock Inc. Class A | New | 0.65% | +0.65 |
| HESM Hess Midstream LP Class A | Add +232.8% | 0.89% | +0.59 |
| FRVO Fervo Energy Co. Class A | New | 0.58% | +0.58 |
| XE X-Energy Inc. | New | 0.54% | +0.54 |
| CNM Core & Main Inc. Class A | Add +117.1% | 1.07% | +0.52 |
| WM Waste Management Inc. | Add +95.7% | 1.19% | +0.51 |
| LGN Legence Corp. Class A | New | 0.50% | +0.50 |
| ROL Rollins Inc. | Add +366.7% | 0.69% | +0.49 |
| YORW York Water Co. | Add +93.8% | 1.03% | +0.46 |
| RBC RBC Bearings Inc. | New | 0.46% | +0.46 |
| WULF Terawulf Inc. | Add +502.3% | 0.46% | +0.41 |
| WELL Welltower Inc. | Add +0.5% | 6.03% | +0.39 |
| PRIM Primoris Services Corp. | New | 0.37% | +0.37 |
| ITT Itt Inc. | Add +160.0% | 0.61% | +0.36 |
| VRT Vertiv Holdings Co. Class A | New | 0.36% | +0.36 |
| ETN Eaton Corp. PLC | New | 0.35% | +0.35 |
| SYY Sysco Corp. | Add +212.5% | 0.49% | +0.35 |
| VG Venture Global Inc. Class A | New | 0.35% | +0.35 |
| GNRC Generac Holdings Inc. | Add +58.1% | 0.60% | +0.33 |
| GPOR Gulfport Energy Corp. | New | 0.31% | +0.31 |
| GPC Genuine Parts Co. | Add +80.0% | 0.63% | +0.29 |
| DPC DPC Holdings PLC | New | 0.29% | +0.29 |
| SRE Sempra | Add +31.3% | 2.02% | +0.28 |
| ARXS Arxis Inc. Class A | New | 0.27% | +0.27 |
| PNR Pentair PLC | Add +87.5% | 0.68% | +0.24 |
| CMI Cummins Inc. | Add +36.4% | 0.58% | +0.23 |
| NEE Nextera Energy Inc. | New | 0.23% | +0.23 |
| FOXA Fox Corp. Class A | New | 0.15% | +0.15 |
| SPCX Space Exploration Techn Class A | New | 0.14% | +0.14 |
| BXP BXP Inc. | New | 0.14% | +0.14 |
| EXR Extra Space Storage Inc. | New | 0.12% | +0.12 |
| QNT Quantinuum Inc. Class A | New | 0.11% | +0.11 |
Options Activity Q1 2026 → Q2 2026
| PCG P G & E Corp. | call | Add +550.0% | 3,250,000 | $54.7M |
| HE Hawaiian Electric Inds | put | Sold out | 1,500,000 | $22.3Mbefore exit |
| ES Eversource Energy | call | Sold out | 250,000 | $17.3Mbefore exit |
| HTO H2O America | put | Sold out | 250,000 | $14.7Mbefore exit |
| IDA Idacorp Inc. | call | New | 75,000 | $11.3M |
| LGN Legence Corp. Class A | put | New | 125,000 | $10.7M |
| AHR American Healthcare REIT Inc. | call | New | 200,000 | $10.4M |
| PPL PPL Corp. | call | New | 250,000 | $9.1M |
| BKH Black Hills Corp. | call | Sold out | 125,000 | $8.7Mbefore exit |
| CNM Core & Main Inc. Class A | call | New | 100,000 | $4.8M |
| DUK Duke Energy Corp. | call | New | 37,500 | $4.7M |
| OKE Oneok Inc. | put | New | 50,000 | $4.3M |
| BKD Brookdale Senior Living Inc. | put | New | 250,000 | $4.0M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | Sold out | 95,022,000 | $127.1Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | Sold out | 609,324 | $30.7Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 111 | $4.2B | WELL, NI, ES, KGS, XEL |
| Q1 2026 | 117 | $3.9B | ADC, NI, ES, WELL, XEL |
| Q4 2025 | 119 | $3.8B | ES, WELL, XEL, NI, KGS |
| Q3 2025 | 133 | $4.1B | ES, NI, TRGP, XEL, WELL |
| Q2 2025 | 145 | $4.4B | ES, AEP, XEL, TRGP, TXNM |
| Q1 2025 | 147 | $4.9B | AEP, XEL, WELL, PCG, TRGP |
| Q4 2024 | 145 | $5.8B | WELL, BA, TRGP, PCG, XEL |
| Q3 2024 | 143 | $5.3B | WELL, RYAN, AEE, EVRG, PNW |
| Q2 2024 | 149 | $5.2B | WELL, EVRG, ES, AEE, RYAN |
| Q1 2024 | 128 | $4.6B | WELL, AEE, RYAN, NI, PCG |