Zimmer Partners, LP

Name: Zimmer Partners, LP 13F holdings, Q2 2025
Creator: Zimmer Partners, LP
Published: 2025-08-14

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Zimmer Partners, LP reported 145 stock positions worth $4.4 billion. Its top holding was Eversource Energy (ES) at 6.4% of the portfolio, followed by American Electric Power (AEP, 6.1%) and Xcel Energy (XEL, 5.3%). Compared with Q1 2025, it opened 44 new positions, sold out of 46, added to 31 and reduced 62. The biggest buy was Eversource Energy (ES, shares +4989%) and the biggest sale an exit from Firstenergy (FE).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0001565854
Portfolio Value: $4.4B (Q2 2025)
SEC Filing: 0001085146-25-005254 ↗ filed Aug 14, 2025

Holdings Value

Holdings 145 stocks · $4.4B


ES Eversource Energy	6.37%	4,371,700	$278.1M	Add +4989.3%
AEP American Electric Power	6.07%	2,553,932	$265.0M	Reduce -21.4%
XEL Xcel Energy Inc.	5.33%	3,419,300	$232.9M	Reduce -17.1%
TRGP Targa Resources Corp.	4.97%	1,246,223	$216.9M	Add +12.6%
TXNM TXNM Energy Inc.	4.59%	3,615,003	$200.6M	New
WELL Welltower Inc.	4.39%	1,247,745	$191.8M	Reduce -32.8%
CNP Centerpoint Energy Inc.	3.51%	4,165,800	$153.1M	New
KGS Kodiak Gas Services Inc.	3.37%	4,294,352	$147.2M	Add +12.3%
PCG P G & E Corp.	3.28%	10,287,471	$143.4M	Reduce -23.7%
SRE Sempra	2.98%	1,715,916	$130.0M	Add +42.8%
TXNM ENERGY INC (TXNM 5.75 06/01/54)	2.81%	95,022,000	$122.7M	New
VNOM Viper Energy Inc.	2.13%	2,440,000	$93.0M	Reduce -3.9%
DUK Duke Energy Corp.	2.00%	738,429	$87.1M	Reduce -51.1%
RYAN Ryan Specialty Holdings Inc.	1.96%	1,258,123	$85.5M	Reduce -35.9%
KD Kyndryl Holdings Inc.	1.87%	1,949,657	$81.8M	Reduce -16.9%
AEE Ameren Corporation	1.66%	755,345	$72.5M	Reduce -31.5%
PRMB Primo Brands Corp.	1.59%	2,349,431	$69.6M	Reduce -9.2%
SWX Southwest Gas Holdings Inc.	1.54%	905,332	$67.3M	Reduce -11.4%
EVRG Evergy Inc.	1.48%	936,418	$64.5M	Reduce -39.9%
KMI Kinder Morgan Inc.	1.47%	2,185,100	$64.2M	Reduce -32.4%
CHWY Chewy Inc. Class A	1.46%	1,500,000	$63.9M	New
ETR Entergy Corp.	1.33%	696,726	$57.9M	Reduce -38.5%
ETN Eaton Corp. PLC	1.31%	160,750	$57.4M	Reduce -6.8%
KTOS Kratos Defense & Security	1.30%	1,225,000	$56.9M	New
PNW Pinnacle West Capital	1.02%	500,000	$44.7M	Add +900.0%
ZWS Zurn Elkay Water Solutions C	1.00%	1,197,400	$43.8M	Reduce -21.6%
HE Hawaiian Electric Inds	0.93%	3,825,214	$40.7M	Reduce -71.4%
LLY Eli Lilly & Co.	0.90%	50,407	$39.3M	New
AZO AutoZone Inc.	0.85%	10,000	$37.1M	Add +150.0%
CRH CRH PLC	0.84%	401,000	$36.8M	Add +9.9%
HESM Hess Midstream LP Class A	0.80%	902,800	$34.8M	Add +22.6%
PH Parker Hannifin Corp.	0.74%	45,980	$32.1M	Add +2.2%
WMS Advanced Drainage Systems Inc.	0.71%	270,000	$31.0M	Add +21.0%
SMA Smartstop Self Storage REIT	0.70%	838,609	$30.4M	New
TDG Transdigm Group Inc.	0.65%	18,700	$28.4M	Add +13.1%
TTAM Titan America SA	0.64%	2,236,472	$27.9M	Reduce -1.8%
FANG Diamondback Energy Inc.	0.63%	200,000	$27.5M	Reduce -52.9%
WM Waste Management Inc.	0.63%	120,000	$27.5M	Add +87.7%
SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC	0.60%	2,225,900	$26.2M	Reduce -19.7%
ADT Adt Inc.	0.59%	3,051,057	$25.8M	Reduce -52.2%
KVYO Klaviyo Inc. Class A	0.55%	719,636	$24.2M	New
YORW York Water Co. filed as YORK WTR CO	0.55%	757,623	$23.9M	No change
HTO H2O America	0.55%	460,000	$23.9M	Add +454.2%
PWR Quanta Services Inc.	0.52%	60,500	$22.9M	Reduce -0.7%
NVT Nvent Electric PLC	0.51%	302,500	$22.2M	Reduce -6.9%
SFD Smithfield Foods Inc.	0.50%	935,384	$22.0M	Reduce -66.0%
CPAY Corpay Inc.	0.49%	65,000	$21.6M	Reduce -24.9%
CMS CMS Energy Corp.	0.48%	302,138	$20.9M	New
GE General Electric filed as GE AEROSPACE	0.47%	80,000	$20.6M	Add +14.9%
CTRE Caretrust REIT Inc.	0.46%	659,442	$20.2M	Reduce -59.6%
KNTK Kinetik Holdings Inc.	0.44%	435,150	$19.2M	Reduce -77.9%
APD Air Products & Chemicals Inc.	0.43%	66,000	$18.6M	Add +46.7%
OKE Oneok Inc.	0.41%	219,390	$17.9M	Reduce -72.0%
JRVR James River Group Holdings I	0.40%	2,985,810	$17.5M	Add +38.1%
CWST Casella Waste Systems Inc. Class A	0.39%	148,500	$17.1M	Add +38.1%
CAT Caterpillar Inc.	0.39%	44,000	$17.1M	Reduce -35.3%
SNY Sanofi-ADR	0.38%	342,200	$16.5M	Reduce -5.4%
NEE Nextera Energy Inc.	0.36%	228,402	$15.9M	New
CPK Chesapeake Utilities Corp.	0.36%	130,000	$15.6M	Reduce -26.6%
TEVA Teva Pharmaceutical-SP ADR	0.36%	928,380	$15.6M	Add +28.6%
NSC Norfolk Southern Corp.	0.35%	60,500	$15.5M	Add +13.9%
CRCL Circle Internet Group Inc.	0.33%	80,000	$14.5M	New
VVX V2X Inc.	0.33%	297,500	$14.4M	Add +279.4%
FCPT Four Corners Property Trust	0.33%	530,006	$14.3M	Add +8.2%
SARO Standardaero Inc.	0.32%	435,000	$13.8M	Add +117.5%
FVR Frontview REIT Inc.	0.31%	1,118,408	$13.4M	Reduce -12.7%
PFE Pfizer Inc.	0.28%	500,800	$12.1M	New
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC	0.27%	300,000	$11.8M	New
NI Nisource Inc.	0.25%	275,000	$11.1M	Add +29.6%
MGA Magna International Inc.	0.24%	272,250	$10.5M	New
SR Spire Inc.	0.24%	143,259	$10.5M	Reduce -67.3%
SLNO Soleno Therapeutics Inc.	0.23%	120,600	$10.1M	New
MSFT Microsoft Corp.	0.23%	20,000	$9.9M	No change
WCC Wesco International Inc.	0.22%	52,500	$9.7M	New
QXO Qxo Inc.	0.22%	437,500	$9.4M	New
TOL Toll Brothers Inc.	0.21%	80,000	$9.1M	Reduce -44.3%
ED Consolidated Edison Inc.	0.21%	90,016	$9.0M	Reduce -29.1%
SLDE Slide Insurance Holdings Inc.	0.20%	399,594	$8.7M	New
CSW CSW Industrials Inc.	0.20%	30,000	$8.6M	New
VRT Vertiv Holdings Co. Class A	0.19%	65,000	$8.3M	Reduce -56.7%
BOW Bowhead Specialty Holdings I	0.18%	215,000	$8.1M	No change
FTAI Ftai Aviation Ltd.	0.18%	70,000	$8.1M	Reduce -22.2%
CARR Carrier Global Corp.	0.18%	110,000	$8.1M	New
BBIO Bridgebio Pharma Inc.	0.18%	180,100	$7.8M	Reduce -40.3%
LOAR Loar Holdings Inc.	0.17%	85,000	$7.3M	New
GEV GE Vernova Inc.	0.17%	13,800	$7.3M	Reduce -92.3%
GPC Genuine Parts Co.	0.17%	60,000	$7.3M	New
BMY Bristol-Myers Squibb Co.	0.16%	155,000	$7.2M	New
ASND Ascendis Pharma A/S	0.16%	40,300	$7.0M	Add +11.6%
MSEX Middlesex Water Co.	0.15%	122,057	$6.6M	Add +8.7%
WHR Whirlpool Corp.	0.15%	65,000	$6.6M	Reduce -13.3%
WTRG Essential Utilities Inc.	0.15%	175,000	$6.5M	New
HUDSON PAC PPTYS INC	0.15%	2,325,000	$6.4M	New
FLS Flowserve Corp.	0.14%	120,000	$6.3M	New
PBA Pembina Pipeline Corp.	0.14%	162,500	$6.1M	Reduce -11.9%
LNT Alliant Energy Corp.	0.14%	100,000	$6.0M	New
EOLS Evolus Inc.	0.13%	630,000	$5.8M	Add +24.8%
SNDX Syndax Pharmaceuticals Inc.	0.13%	605,800	$5.7M	Add +184.2%
GAUZ Gauzy Ltd.	0.12%	645,608	$5.4M	Reduce -4.2%
ROAD Construction Partners Inc. Class A	0.12%	50,000	$5.3M	Reduce -64.3%
IRON Disc Medicine Inc.	0.11%	90,163	$4.8M	Add +110.2%
WAY Waystar Holding Corp.	0.11%	115,000	$4.7M	Reduce -61.7%
BLDR Builders Firstsource Inc.	0.11%	40,000	$4.7M	New
BRO Brown & Brown Inc.	0.10%	40,385	$4.5M	New
GPOR Gulfport Energy Corp.	0.09%	20,000	$4.0M	New
TYG Tortoise Energy Infrastruct	0.08%	83,918	$3.7M	No change
NJR New Jersey Resources Corp.	0.08%	78,730	$3.5M	Reduce -22.7%
SPG Simon Property Group Inc.	0.08%	21,925	$3.5M	Reduce -74.9%
SOBO South Bow Corp.	0.07%	126,000	$3.3M	Reduce -28.0%
PACS Pacs Group Inc.	0.07%	237,500	$3.1M	Reduce -88.7%
ADPT Adaptive Biotechnologies	0.07%	252,900	$2.9M	New
BKH Black Hills Corp.	0.06%	50,000	$2.8M	Reduce -96.2%
DLR Digital Realty Trust Inc.	0.06%	15,994	$2.8M	No change
ELDN Eledon Pharmaceuticals Inc.	0.06%	980,682	$2.7M	Add +29.9%
OPAL Opal Fuels Inc. Class A	0.06%	1,087,080	$2.6M	Reduce -5.5%
CYTK Cytokinetics Inc.	0.06%	76,500	$2.5M	Reduce -6.9%
MLYS Mineralys Therapeutics Inc.	0.05%	162,733	$2.2M	New
HNGE Hinge Health Inc. Class A	0.04%	35,000	$1.8M	New
TLN Talen Energy Corp.	0.04%	5,970	$1.7M	Reduce -61.2%
ABX Abacus Global Management Inc.	0.04%	325,000	$1.7M	Reduce -43.5%
ERH Allspring Utilities and High	0.03%	128,803	$1.5M	No change
VKTX Viking Therapeutics Inc.	0.03%	51,000	$1.4M	New
KRP Kimbell Royalty Partners LP	0.03%	91,153	$1.3M	No change
KYN Kayne Anderson Energy Infra	0.03%	100,000	$1.3M	New
PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L	0.02%	58,500	$970K	Reduce -96.5%
EQIX Equinix Inc.	0.02%	1,100	$875K	Add +1000.0%
ETOR Etoro Group Ltd. Class A	0.02%	11,000	$732K	New
WDAY Workday Inc. Class A	0.01%	2,300	$552K	Add +53.3%
AVB Avalonbay Communities Inc.	0.01%	2,363	$481K	New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.01%	6,412	$433K	New
CSX CSX Corp.	0.01%	12,200	$398K	Reduce -86.4%
SLG SL Green Realty Corp.	0.01%	6,366	$394K	Reduce -87.4%
MLTX Moonlake Immunotherapeutics	0.01%	6,960	$329K	Reduce -71.6%
KRG Kite Realty Group Trust	0.01%	13,908	$315K	Reduce -84.1%
AES AES Corp.	0.01%	24,114	$254K	New
ADC Agree Realty Corp.	0.01%	3,333	$244K	New
VST Vistra Corp.	0.01%	1,199	$232K	New
OMDA Omada Health Inc.	0.00%	10,000	$183K	New
HST Host Hotels & Resorts Inc.	0.00%	11,135	$171K	Reduce -95.5%
AROC Archrock Inc.	0.00%	6,100	$151K	New
EGP Eastgroup Properties Inc.	0.00%	668	$112K	Reduce -94.7%
CUBE Cubesmart	0.00%	1,761	$75K	Reduce -97.4%
FRT Federal Realty Invs Trust	0.00%	656	$62K	Reduce -97.4%
MGEE Mge Energy Inc.	0.00%	490	$43K	New
SBAC SBA Communications Corp.	0.00%	100	$23K	No change

Options reported separately and not counted above: PCG calls ($76.7M), NEE calls ($31.2M), EIX calls ($25.8M), XEL calls ($20.4M), LNG calls ($18.3M), AEP calls ($13.0M), FE calls ($10.1M), ES calls ($6.4M), KGS calls ($6.0M), KTOS calls ($5.8M), KD calls ($5.2M), VNOM calls ($4.8M), and 2 more.

Portfolio Sells Q1 2025 → Q2 2025


FE Firstenergy Corp.	Sold out	0.00%	−2.82
HE Hawaiian Electric Inds	Reduce -71.4%	0.93%	−2.04
D Dominion Energy Inc.	Sold out	0.00%	−1.97
DUK Duke Energy Corp.	Reduce -51.1%	2.00%	−1.74
KNTK Kinetik Holdings Inc.	Reduce -77.9%	0.44%	−1.63
BKH Black Hills Corp.	Reduce -96.2%	0.06%	−1.56
DTM DT Midstream Inc.	Sold out	0.00%	−1.43
PCG P G & E Corp.	Reduce -23.7%	3.28%	−1.42
WELL Welltower Inc.	Reduce -32.8%	4.39%	−1.38
OKE Oneok Inc.	Reduce -72.0%	0.41%	−1.16
AEP American Electric Power	Reduce -21.4%	6.07%	−1.13
RYAN Ryan Specialty Holdings Inc.	Reduce -35.9%	1.96%	−0.98
GEV GE Vernova Inc.	Reduce -92.3%	0.17%	−0.94
FANG Diamondback Energy Inc.	Reduce -52.9%	0.63%	−0.75
EVRG Evergy Inc.	Reduce -39.9%	1.48%	−0.70
EG Everest Group Ltd.	Sold out	0.00%	−0.70
ETR Entergy Corp.	Reduce -38.5%	1.33%	−0.64
SFD Smithfield Foods Inc.	Reduce -66.0%	0.50%	−0.63
PEG Public Service Enterprise GP	Sold out	0.00%	−0.62
XEL Xcel Energy Inc.	Reduce -17.1%	5.33%	−0.59
AEE Ameren Corporation	Reduce -31.5%	1.66%	−0.59
SCHW Schwab (charles) Corp.	Sold out	0.00%	−0.56
PLGO Pelagos Insurance Capital LT	Reduce -96.5%	0.02%	−0.53
CTRE Caretrust REIT Inc.	Reduce -59.6%	0.46%	−0.48
ADT Adt Inc.	Reduce -52.2%	0.59%	−0.46
SR Spire Inc.	Reduce -67.3%	0.24%	−0.46
PACS Pacs Group Inc.	Reduce -88.7%	0.07%	−0.41
KMI Kinder Morgan Inc.	Reduce -32.4%	1.47%	−0.40
REXR Rexford Industrial Realty Inc.	Sold out	0.00%	−0.38
AESI Atlas Energy Solutions Inc.	Sold out	0.00%	−0.36
DAL Delta Air Lines Inc.	Sold out	0.00%	−0.36
PLD Prologis Inc.	Sold out	0.00%	−0.31
PRMB Primo Brands Corp.	Reduce -9.2%	1.59%	−0.27
AWK American Water Works Co. Inc.	Sold out	0.00%	−0.25
UAL United Airlines Holdings Inc.	Sold out	0.00%	−0.24
SPG Simon Property Group Inc.	Reduce -74.9%	0.08%	−0.21
O Realty Income Corp.	Sold out	0.00%	−0.21
ARCB Arcbest Corp.	Sold out	0.00%	−0.20
VNOM Viper Energy Inc.	Reduce -3.9%	2.13%	−0.19
TEX Terex Corp.	Sold out	0.00%	−0.19
SWTX Springworks Therapeutics Inc.	Sold out	0.00%	−0.18
ARGX Argenx SE - ADR	Sold out	0.00%	−0.17
VTR Ventas Inc.	Sold out	0.00%	−0.16
GMS GMS Inc.	Sold out	0.00%	−0.15
KRMN Karman Holdings Inc.	Sold out	0.00%	−0.14
WAY Waystar Holding Corp.	Reduce -61.7%	0.11%	−0.12
CPAY Corpay Inc.	Reduce -24.9%	0.49%	−0.12
CHTR Charter Communications Inc. Class A	Sold out	0.00%	−0.11
EXR Extra Space Storage Inc.	Sold out	0.00%	−0.11
ROIV Roivant Sciences Ltd.	Sold out	0.00%	−0.11

Portfolio Buys Q1 2025 → Q2 2025


ES Eversource Energy	Add +4989.3%	6.37%	+6.26
TXNM TXNM Energy Inc.	New	4.59%	+4.59
CNP Centerpoint Energy Inc.	New	3.51%	+3.51
TXNM ENERGY INC (TXNM 5.75 06/01/54)	New	2.81%	+2.81
CHWY Chewy Inc. Class A	New	1.46%	+1.46
KTOS Kratos Defense & Security	New	1.30%	+1.30
SRE Sempra	Add +42.8%	2.98%	+1.24
PNW Pinnacle West Capital	Add +900.0%	1.02%	+0.93
LLY Eli Lilly & Co.	New	0.90%	+0.90
SMA Smartstop Self Storage REIT	New	0.70%	+0.70
KVYO Klaviyo Inc. Class A	New	0.55%	+0.55
AZO AutoZone Inc.	Add +150.0%	0.85%	+0.54
CMS CMS Energy Corp.	New	0.48%	+0.48
KGS Kodiak Gas Services Inc.	Add +12.3%	3.37%	+0.48
TRGP Targa Resources Corp.	Add +12.6%	4.97%	+0.47
HTO H2O America	Add +454.2%	0.55%	+0.46
NEE Nextera Energy Inc.	New	0.36%	+0.36
CRCL Circle Internet Group Inc.	New	0.33%	+0.33
WM Waste Management Inc.	Add +87.7%	0.63%	+0.33
PFE Pfizer Inc.	New	0.28%	+0.28
MRX Marex UK Holdings Ltd.	New	0.27%	+0.27
VVX V2X Inc.	Add +279.4%	0.33%	+0.25
MGA Magna International Inc.	New	0.24%	+0.24
SLNO Soleno Therapeutics Inc.	New	0.23%	+0.23
WCC Wesco International Inc.	New	0.22%	+0.22
WMS Advanced Drainage Systems Inc.	Add +21.0%	0.71%	+0.22
JRVR James River Group Holdings I	Add +38.1%	0.40%	+0.22
QXO Qxo Inc.	New	0.22%	+0.22
SARO Standardaero Inc.	Add +117.5%	0.32%	+0.21
SLDE Slide Insurance Holdings Inc.	New	0.20%	+0.20
CSW CSW Industrials Inc.	New	0.20%	+0.20
CRH CRH PLC	Add +9.9%	0.84%	+0.19
GE General Electric	Add +14.9%	0.47%	+0.19
TDG Transdigm Group Inc.	Add +13.1%	0.65%	+0.19
CARR Carrier Global Corp.	New	0.18%	+0.18
PH Parker Hannifin Corp.	Add +2.2%	0.74%	+0.18
LOAR Loar Holdings Inc.	New	0.17%	+0.17
GPC Genuine Parts Co.	New	0.17%	+0.17
HESM Hess Midstream LP Class A	Add +22.6%	0.80%	+0.16
BMY Bristol-Myers Squibb Co.	New	0.16%	+0.16
APD Air Products & Chemicals Inc.	Add +46.7%	0.43%	+0.16
CWST Casella Waste Systems Inc. Class A	Add +38.1%	0.39%	+0.15
WTRG Essential Utilities Inc.	New	0.15%	+0.15
HUDSON PAC PPTYS INC	New	0.15%	+0.15
FLS Flowserve Corp.	New	0.14%	+0.14
LNT Alliant Energy Corp.	New	0.14%	+0.14
TEVA Teva Pharmaceutical-SP ADR	Add +28.6%	0.36%	+0.13
BLDR Builders Firstsource Inc.	New	0.11%	+0.11
BRO Brown & Brown Inc.	New	0.10%	+0.10
NSC Norfolk Southern Corp.	Add +13.9%	0.35%	+0.10

Options Activity Q1 2025 → Q2 2025


PCG P G & E Corp.	call	Reduce -8.3%	5,500,000	$76.7M
PRMB Primo Brands Corp.	call	Sold out	895,000	$31.8Mbefore exit
NEE Nextera Energy Inc.	call	New	450,000	$31.2M
EIX Edison International	call	Add +17.6%	500,000	$25.8M
XEL Xcel Energy Inc.	call	Add +20.0%	300,000	$20.4M
WELL Welltower Inc.	call	Sold out	125,000	$19.2Mbefore exit
LNG Cheniere Energy Inc.	call	New	75,000	$18.3M
CNP Centerpoint Energy Inc.	put	Sold out	500,000	$18.1Mbefore exit
SRE Sempra	call	Sold out	250,000	$17.8Mbefore exit
AEP American Electric Power	put	Sold out	150,000	$16.4Mbefore exit
WEC WEC Energy Group Inc.	put	Sold out	125,000	$13.6Mbefore exit
AEP American Electric Power	call	New	125,000	$13.0M
SO The Southern Co.	put	Sold out	125,000	$11.5Mbefore exit
PACS Pacs Group Inc.	put	Sold out	900,000	$10.1Mbefore exit
DUK Duke Energy Corp.	call	Sold out	75,000	$9.1Mbefore exit
EVRG Evergy Inc.	call	Sold out	125,000	$8.6Mbefore exit
CPAY Corpay Inc.	call	Sold out	22,500	$7.8Mbefore exit
KMI Kinder Morgan Inc.	call	Sold out	262,500	$7.5Mbefore exit
ET Energy Transfer LP	call	Sold out	350,000	$6.5Mbefore exit
ES Eversource Energy	call	New	100,000	$6.4M
KGS Kodiak Gas Services Inc.	call	New	175,000	$6.0M
KTOS Kratos Defense & Security	call	New	125,000	$5.8M
WMS Advanced Drainage Systems Inc.	call	Sold out	50,000	$5.4Mbefore exit
KD Kyndryl Holdings Inc.	call	Reduce -50.0%	125,000	$5.2M
VNOM Viper Energy Inc.	call	Reduce -50.0%	125,000	$4.8M
CTRE Caretrust REIT Inc.	call	Sold out	145,900	$4.2Mbefore exit
OKE Oneok Inc.	call	New	50,000	$4.1M
DTE DTE Energy Company	put	Sold out	25,000	$3.5Mbefore exit
SFD Smithfield Foods Inc.	call	New	125,000	$2.9M
CRH CRH PLC	call	Sold out	25,000	$2.2Mbefore exit
DAL Delta Air Lines Inc.	call	Sold out	50,000	$2.2Mbefore exit
SNCY Sun Country Airlines Holding	call	Sold out	75,000	$924Kbefore exit

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