Zimmer Partners, LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Zimmer Partners, LP reported 128 stock positions worth $4.6 billion. Its top holding was Welltower (WELL) at 6.7% of the portfolio, followed by Ameren (AEE, 6.2%) and Ryan Specialty (RYAN, 5.5%). Compared with Q4 2023, it opened 60 new positions, sold out of 32, added to 31 and reduced 27. The biggest buy was a new position in Welltower (WELL) and the biggest sale an exit from Agree Realty (ADC).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001565854
- Portfolio Value
- $4.6B (Q1 2024)
- SEC Filing
- 0001085146-24-002593 ↗ filed May 15, 2024
Holdings Value
Holdings 128 stocks · $4.6B
| WELL Welltower Inc. | 6.74% | 3,316,750 | $309.9M | New |
| AEE Ameren Corporation | 6.16% | 3,827,897 | $283.1M | Add +204.3% |
| RYAN Ryan Specialty Holdings Inc. | 5.50% | 4,551,004 | $252.6M | Reduce -5.5% |
| NI Nisource Inc. | 5.36% | 8,907,743 | $246.4M | Add +146.3% |
| PCG P G & E Corp. | 4.40% | 12,077,810 | $202.4M | Add +38.0% |
| PNW Pinnacle West Capital | 4.32% | 2,655,010 | $198.4M | New |
| LNG Cheniere Energy Inc. | 4.29% | 1,222,723 | $197.2M | Add +61.4% |
| TRGP Targa Resources Corp. | 3.99% | 1,636,700 | $183.3M | Reduce -36.6% |
| NEE Nextera Energy Inc. | 3.80% | 2,735,200 | $174.8M | Add +8447.5% |
| ES Eversource Energy | 3.30% | 2,537,095 | $151.6M | Add +730.5% |
| FE Firstenergy Corp. | 3.09% | 3,675,701 | $142.0M | Reduce -0.0% |
| TXNM TXNM Energy Inc. filed as PNM RES INC | 2.91% | 3,551,669 | $133.7M | Add +1332.6% |
| EVRG Evergy Inc. | 2.70% | 2,326,385 | $124.2M | Add +781.4% |
| SRE Sempra | 2.56% | 1,636,202 | $117.5M | Add +96.9% |
| AEP American Electric Power | 1.83% | 975,000 | $83.9M | Add +578.2% |
| ETR Entergy Corp. | 1.80% | 782,000 | $82.6M | Add +123.4% |
| IIPR Innovative Industrial Proper | 1.75% | 775,034 | $80.2M | Reduce -18.5% |
| T AT&T Inc. | 1.53% | 4,000,000 | $70.4M | New |
| NRG NRG Energy Inc. | 1.40% | 950,000 | $64.3M | New |
| CPK Chesapeake Utilities Corp. | 1.39% | 595,654 | $63.9M | Reduce -4.3% |
| KNTK Kinetik Holdings Inc. | 1.36% | 1,566,908 | $62.5M | Reduce -3.1% |
| KD Kyndryl Holdings Inc. | 1.20% | 2,542,885 | $55.3M | Add +1.3% |
| CMS CMS Energy Corp. | 1.13% | 860,524 | $51.9M | Add +448.5% |
| XEL Xcel Energy Inc. | 1.09% | 932,505 | $50.1M | Add +1765.0% |
| VST Vistra Corp. | 0.99% | 652,500 | $45.4M | New |
| CTRE Caretrust REIT Inc. | 0.91% | 1,713,694 | $41.8M | New |
| MRK Merck & Co. Inc. | 0.90% | 312,275 | $41.2M | Add +83.7% |
| SBAC SBA Communications Corp. | 0.88% | 185,600 | $40.2M | Add +179.1% |
| ETRN Equitrans Midstream Corp. | 0.79% | 2,914,153 | $36.4M | Reduce -65.9% |
| EGP Eastgroup Properties Inc. | 0.78% | 200,558 | $36.1M | Add +465.6% |
| BECN Beacon Roofing Supply Inc. | 0.78% | 365,000 | $35.8M | New |
| AES AES Corp. | 0.73% | 1,865,000 | $33.4M | Add +482.8% |
| CHTR Charter Communications Inc. Class A | 0.70% | 110,361 | $32.1M | New |
| SNY Sanofi-ADR | 0.69% | 648,580 | $31.5M | Add +5.7% |
| EQIX Equinix Inc. | 0.62% | 34,500 | $28.5M | Add +86.5% |
| BIIB Biogen Inc. | 0.61% | 129,950 | $28.0M | Add +11.3% |
| FMX Fomento Economico Mex-SP ADR | 0.61% | 215,000 | $28.0M | Add +377.8% |
| YORW York Water Co. filed as YORK WTR CO | 0.59% | 745,384 | $27.0M | Reduce -5.7% |
| UGI Ugi Corp. | 0.53% | 1,000,000 | $24.5M | Reduce -43.4% |
| CNM Core & Main Inc. Class A | 0.53% | 425,000 | $24.3M | New |
| VZ Verizon Communications Inc. | 0.50% | 550,000 | $23.1M | Add +7.8% |
| PBA Pembina Pipeline Corp. | 0.48% | 625,000 | $22.1M | Add +177.8% |
| CCI Crown Castle Inc. | 0.46% | 201,800 | $21.4M | Reduce -17.6% |
| DTM DT Midstream Inc. | 0.44% | 329,666 | $20.1M | Reduce -59.0% |
| LLY Eli Lilly & Co. | 0.42% | 24,900 | $19.4M | New |
| AZN Astrazeneca PLC-Spons ADR | 0.41% | 274,900 | $18.6M | Add +26.0% |
| WCC Wesco International Inc. | 0.39% | 105,000 | $18.0M | New |
| CRGY Crescent Energy Inc. Class A | 0.39% | 1,490,000 | $17.7M | New |
| OGS One Gas Inc. | 0.37% | 262,500 | $16.9M | New |
| EG Everest Group Ltd. | 0.37% | 42,500 | $16.9M | Add +81.6% |
| ETN Eaton Corp. PLC | 0.36% | 53,260 | $16.7M | New |
| PH Parker Hannifin Corp. | 0.36% | 29,420 | $16.4M | New |
| PSA Public Storage | 0.35% | 55,500 | $16.1M | New |
| CPAY Corpay Inc. | 0.34% | 50,000 | $15.4M | New |
| KGS Kodiak Gas Services Inc. | 0.33% | 557,652 | $15.2M | Reduce -9.3% |
| CEG Constellation Energy | 0.29% | 72,100 | $13.3M | Reduce -9.9% |
| ENB Enbridge Inc. | 0.28% | 350,000 | $12.7M | Reduce -61.6% |
| CDRE Cadre Holdings Inc. | 0.26% | 331,225 | $12.0M | New |
| PNR Pentair PLC | 0.26% | 137,750 | $11.8M | New |
| PLD Prologis Inc. | 0.26% | 90,000 | $11.7M | New |
| IONS Ionis Pharmaceuticals Inc. | 0.25% | 270,300 | $11.7M | New |
| CRH CRH PLC | 0.25% | 135,640 | $11.7M | New |
| TOL Toll Brothers Inc. | 0.25% | 90,000 | $11.6M | New |
| CABO Cable One Inc. | 0.25% | 27,050 | $11.4M | Add +21.7% |
| NVT Nvent Electric PLC | 0.24% | 148,480 | $11.2M | New |
| OPAL Opal Fuels Inc. Class A | 0.23% | 2,100,541 | $10.5M | Reduce -8.4% |
| DLR Digital Realty Trust Inc. | 0.23% | 72,800 | $10.5M | New |
| AZO AutoZone Inc. | 0.22% | 3,200 | $10.1M | New |
| CAT Caterpillar Inc. | 0.21% | 26,720 | $9.8M | New |
| SPG Simon Property Group Inc. | 0.21% | 62,500 | $9.8M | New |
| SDHC Smith Douglas Homes Corp. | 0.21% | 325,000 | $9.7M | New |
| NSC Norfolk Southern Corp. | 0.21% | 37,500 | $9.6M | Add +257.1% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | 0.21% | 10,000,000 | $9.5M | No change |
| ALGM Allegro Microsystems Inc. | 0.18% | 311,520 | $8.4M | New |
| PWR Quanta Services Inc. | 0.18% | 31,070 | $8.1M | New |
| CWT California Water Service Grp | 0.17% | 171,195 | $8.0M | New |
| JCI Johnson Controls Internation | 0.17% | 120,940 | $7.9M | New |
| ARCB Arcbest Corp. | 0.17% | 55,000 | $7.8M | New |
| MIDD Middleby Corp. | 0.17% | 48,490 | $7.8M | New |
| SNA Snap-on Inc. | 0.16% | 24,710 | $7.3M | New |
| BKNG Booking Holdings Inc. | 0.16% | 2,000 | $7.3M | New |
| MHK Mohawk Industries Inc. | 0.16% | 55,000 | $7.2M | New |
| TDG Transdigm Group Inc. | 0.15% | 5,610 | $6.9M | New |
| EXPE Expedia Group Inc. | 0.15% | 50,000 | $6.9M | New |
| AHR American Healthcare REIT Inc. | 0.14% | 425,000 | $6.3M | New |
| AN Autonation Inc. | 0.13% | 37,000 | $6.1M | New |
| AVY Avery Dennison Corp. | 0.13% | 27,000 | $6.0M | New |
| CE Celanese Corp. | 0.12% | 33,000 | $5.7M | New |
| TEX Terex Corp. | 0.12% | 85,790 | $5.5M | New |
| DHT DHT Holdings Inc. | 0.11% | 455,257 | $5.2M | Reduce -45.7% |
| REVG Rev Group Inc. | 0.11% | 230,224 | $5.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 9,500 | $5.0M | New |
| MSFT Microsoft Corp. | 0.10% | 11,300 | $4.8M | No change |
| UNP Union Pacific Corp. | 0.10% | 18,100 | $4.5M | No change |
| FDMT 4D Molecular Therapeutics Inc. | 0.10% | 138,800 | $4.4M | New |
| REXR Rexford Industrial Realty Inc. | 0.10% | 87,500 | $4.4M | Reduce -53.1% |
| EOLS Evolus Inc. | 0.09% | 300,000 | $4.2M | New |
| IMTX Immatics NV | 0.09% | 397,000 | $4.2M | Add +89.0% |
| VNOM Viper Energy Inc. | 0.08% | 98,200 | $3.8M | Reduce -74.4% |
| SNDX Syndax Pharmaceuticals Inc. | 0.08% | 155,000 | $3.7M | Reduce -43.7% |
Options reported separately and not counted above: PCG calls ($75.4M), DTE puts ($7.0M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $852K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALGONQUIN PWR & (AQNCN 7.75 06/15/24) | UNIT 06/15/2024 | 38,679 | $852K | No change |
Total filed on the 13F, all lines: $4.6B.
Portfolio Sells Q4 2023 → Q1 2024
| ADC Agree Realty Corp. | Sold out | 0.00% | −6.90 |
| EXC Exelon Corp. | Sold out | 0.00% | −5.04 |
| TRGP Targa Resources Corp. | Reduce -36.6% | 3.99% | −4.23 |
| EIX Edison International | Sold out | 0.00% | −2.48 |
| ETRN Equitrans Midstream Corp. | Reduce -65.9% | 0.79% | −2.40 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -5.5% | 5.50% | −2.10 |
| FE Firstenergy Corp. | Reduce -0.0% | 3.09% | −1.85 |
| IIPR Innovative Industrial Proper | Reduce -18.5% | 1.75% | −1.77 |
| ORCL Oracle Corp. | Sold out | 0.00% | −1.45 |
| DTM DT Midstream Inc. | Reduce -59.0% | 0.44% | −1.18 |
| UGI Ugi Corp. | Reduce -43.4% | 0.53% | −1.06 |
| VTR Ventas Inc. | Sold out | 0.00% | −1.04 |
| CPK Chesapeake Utilities Corp. | Reduce -4.3% | 1.39% | −1.02 |
| ENB Enbridge Inc. | Reduce -61.6% | 0.28% | −0.93 |
| COLD Americold Realty Trust Inc. | Reduce -88.9% | 0.05% | −0.79 |
| RNR Renaissancere Holdings Ltd. | Sold out | 0.00% | −0.72 |
| KNTK Kinetik Holdings Inc. | Reduce -3.1% | 1.36% | −0.62 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.57 |
| CCI Crown Castle Inc. | Reduce -17.6% | 0.46% | −0.57 |
| WTRG Essential Utilities Inc. | Reduce -78.8% | 0.08% | −0.56 |
| SBOW Silverbow Resources Inc. | Sold out | 0.00% | −0.53 |
| YORW York Water Co. | Reduce -5.7% | 0.59% | −0.53 |
| STAG Stag Industrial Inc. | Reduce -90.0% | 0.03% | −0.51 |
| VNOM Viper Energy Inc. | Reduce -74.4% | 0.08% | −0.36 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.35 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.33 |
| AIRC Apartment Income REIT Co. | Reduce -90.8% | 0.02% | −0.33 |
| NBIX Neurocrine Biosciences Inc. | Sold out | 0.00% | −0.30 |
| FR First Industrial Realty TR | Sold out | 0.00% | −0.29 |
| REXR Rexford Industrial Realty Inc. | Reduce -53.1% | 0.10% | −0.29 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −0.25 |
| OPAL Opal Fuels Inc. Class A | Reduce -8.4% | 0.23% | −0.23 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.23 |
| SO The Southern Co. | Sold out | 0.00% | −0.23 |
| AGR Avangrid Inc. | Sold out | 0.00% | −0.22 |
| SKWD Skyward Specialty Insurance | Sold out | 0.00% | −0.21 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.20 |
| TRNO Terreno Realty Corp. | Sold out | 0.00% | −0.19 |
| DHT DHT Holdings Inc. | Reduce -45.7% | 0.11% | −0.19 |
| REG Regency Centers Corp. | Sold out | 0.00% | −0.18 |
| VMRK Vivmark Residential | Sold out | 0.00% | −0.18 |
| SNDX Syndax Pharmaceuticals Inc. | Reduce -43.7% | 0.08% | −0.14 |
| IOVA Iovance Biotherapeutics Inc. | Reduce -91.2% | 0.01% | −0.13 |
| CNNE Cannae Holdings Inc. | Sold out | 0.00% | −0.12 |
| KGS Kodiak Gas Services Inc. | Reduce -9.3% | 0.33% | −0.12 |
| ELME Elme Communities | Reduce -23.7% | 0.08% | −0.11 |
| RYTM Rhythm Pharmaceuticals Inc. | Sold out | 0.00% | −0.10 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.07 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.06 |
| NXG NXG Nextgen Infrastr Inc. | Sold out | 0.00% | −0.06 |
Portfolio Buys Q4 2023 → Q1 2024
| WELL Welltower Inc. | New | 6.74% | +6.74 |
| PNW Pinnacle West Capital | New | 4.32% | +4.32 |
| NEE Nextera Energy Inc. | Add +8447.5% | 3.80% | +3.73 |
| AEE Ameren Corporation | Add +204.3% | 6.16% | +2.83 |
| ES Eversource Energy | Add +730.5% | 3.30% | +2.61 |
| TXNM TXNM Energy Inc. | Add +1332.6% | 2.91% | +2.53 |
| EVRG Evergy Inc. | Add +781.4% | 2.70% | +2.20 |
| NI Nisource Inc. | Add +146.3% | 5.36% | +1.84 |
| T AT&T Inc. | New | 1.53% | +1.53 |
| NRG NRG Energy Inc. | New | 1.40% | +1.40 |
| AEP American Electric Power | Add +578.2% | 1.83% | +1.40 |
| VST Vistra Corp. | New | 0.99% | +0.99 |
| XEL Xcel Energy Inc. | Add +1765.0% | 1.09% | +0.98 |
| CTRE Caretrust REIT Inc. | New | 0.91% | +0.91 |
| CMS CMS Energy Corp. | Add +448.5% | 1.13% | +0.80 |
| BECN Beacon Roofing Supply Inc. | New | 0.78% | +0.78 |
| CHTR Charter Communications Inc. Class A | New | 0.70% | +0.70 |
| EGP Eastgroup Properties Inc. | Add +465.6% | 0.78% | +0.55 |
| CNM Core & Main Inc. Class A | New | 0.53% | +0.53 |
| AES AES Corp. | Add +482.8% | 0.73% | +0.50 |
| ETR Entergy Corp. | Add +123.4% | 1.80% | +0.50 |
| LLY Eli Lilly & Co. | New | 0.42% | +0.42 |
| FMX Fomento Economico Mex-SP ADR | Add +377.8% | 0.61% | +0.39 |
| WCC Wesco International Inc. | New | 0.39% | +0.39 |
| CRGY Crescent Energy Inc. Class A | New | 0.39% | +0.39 |
| OGS One Gas Inc. | New | 0.37% | +0.37 |
| ETN Eaton Corp. PLC | New | 0.36% | +0.36 |
| PH Parker Hannifin Corp. | New | 0.36% | +0.36 |
| PSA Public Storage | New | 0.35% | +0.35 |
| CPAY Corpay Inc. | New | 0.34% | +0.34 |
| SRE Sempra | Add +96.9% | 2.56% | +0.28 |
| CDRE Cadre Holdings Inc. | New | 0.26% | +0.26 |
| SBAC SBA Communications Corp. | Add +179.1% | 0.88% | +0.26 |
| PNR Pentair PLC | New | 0.26% | +0.26 |
| PLD Prologis Inc. | New | 0.26% | +0.26 |
| IONS Ionis Pharmaceuticals Inc. | New | 0.25% | +0.25 |
| CRH CRH PLC | New | 0.25% | +0.25 |
| TOL Toll Brothers Inc. | New | 0.25% | +0.25 |
| NVT Nvent Electric PLC | New | 0.24% | +0.24 |
| DLR Digital Realty Trust Inc. | New | 0.23% | +0.23 |
| AZO AutoZone Inc. | New | 0.22% | +0.22 |
| MRK Merck & Co. Inc. | Add +83.7% | 0.90% | +0.22 |
| CAT Caterpillar Inc. | New | 0.21% | +0.21 |
| SPG Simon Property Group Inc. | New | 0.21% | +0.21 |
| SDHC Smith Douglas Homes Corp. | New | 0.21% | +0.21 |
| PBA Pembina Pipeline Corp. | Add +177.8% | 0.48% | +0.20 |
| ALGM Allegro Microsystems Inc. | New | 0.18% | +0.18 |
| PWR Quanta Services Inc. | New | 0.18% | +0.18 |
| CWT California Water Service Grp | New | 0.17% | +0.17 |
| JCI Johnson Controls Internation | New | 0.17% | +0.17 |
Options Activity Q4 2023 → Q1 2024
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 | 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 |