Zimmer Partners, LP

Name: Zimmer Partners, LP 13F holdings, Q1 2024
Creator: Zimmer Partners, LP
Published: 2024-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

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%
ELME Elme Communities	0.08%	265,000	$3.7M	Reduce -23.7%
WTRG Essential Utilities Inc.	0.08%	98,400	$3.6M	Reduce -78.8%
RCM R1 RCM Inc.	0.07%	263,798	$3.4M	New
CSX CSX Corp.	0.06%	77,100	$2.9M	No change
CYTK Cytokinetics Inc.	0.06%	38,600	$2.7M	New
VRT Vertiv Holdings Co. Class A	0.05%	30,000	$2.5M	New
ADT Adt Inc.	0.05%	350,018	$2.4M	New
BBIO Bridgebio Pharma Inc.	0.05%	73,200	$2.3M	Add +12.6%
COLD Americold Realty Trust Inc.	0.05%	83,100	$2.1M	Reduce -88.9%
SANA Sana Biotechnology Inc.	0.04%	202,500	$2.0M	New
TYG Tortoise Energy Infrastruct	0.04%	60,458	$1.9M	No change
IMNM Immunome Inc.	0.04%	75,000	$1.9M	New
GMS GMS Inc.	0.03%	15,000	$1.5M	New
CNI Canadian Natl Railway Co.	0.03%	11,000	$1.4M	No change
STAG Stag Industrial Inc.	0.03%	37,500	$1.4M	Reduce -90.0%
CLNE Clean Energy Fuels Corp.	0.03%	525,000	$1.4M	Reduce -1.2%
TBBB BBB Foods Inc. Class A	0.03%	50,000	$1.2M	New
ANRO Alto Neuroscience Inc.	0.03%	75,000	$1.2M	New
UDR Udr Inc.	0.02%	25,000	$935K	Reduce -52.8%
KALV Kalvista Pharmaceuticals Inc.	0.02%	70,000	$830K	New
AIRC Apartment Income REIT Co.	0.02%	25,000	$812K	Reduce -90.8%
NTG Tortoise Midstream Energy	0.02%	18,465	$708K	No change
IOVA Iovance Biotherapeutics Inc.	0.01%	43,500	$645K	Reduce -91.2%
TSBX Turnstone Biologics Corp.	0.01%	179,026	$469K	Add +271.4%
XTTPX Tortoise Pipeline & Energy	0.01%	9,611	$304K	No change
XNDPX Tortoise Energy Independence	0.01%	7,766	$262K	No change
ECPG Encore Capital Group Inc.	0.01%	5,700	$260K	New
XTPZX Tortoise Power & Enrgy Infra	0.00%	13,599	$212K	No change

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


PCG P G & E Corp.	call	New	4,500,000	$75.4M
DTE DTE Energy Company	put	New	62,500	$7.0M

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