Zimmer Partners, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Zimmer Partners, LP reported 133 stock positions worth $4.1 billion. Its top holding was Eversource Energy (ES) at 6.5% of the portfolio, followed by Nisource (NI, 6.2%) and Targa Resources (TRGP, 5.4%). Compared with Q2 2025, it opened 41 new positions, sold out of 53, added to 36 and reduced 48. The biggest buy was Nisource (NI, shares +2041%) and the biggest sale American Electric Power (AEP, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001565854
- Portfolio Value
- $4.1B (Q3 2025)
- SEC Filing
- 0001565854-25-000005 ↗ filed Nov 14, 2025
Holdings Value
Holdings 133 stocks · $4.1B
| ES Eversource Energy | 6.52% | 3,752,300 | $266.9M | Reduce -14.2% |
| NI Nisource Inc. | 6.23% | 5,886,983 | $254.9M | Add +2040.7% |
| TRGP Targa Resources Corp. | 5.43% | 1,326,850 | $222.3M | Add +6.5% |
| XEL Xcel Energy Inc. | 4.83% | 2,451,000 | $197.7M | Reduce -28.3% |
| WELL Welltower Inc. | 4.82% | 1,106,245 | $197.1M | Reduce -11.3% |
| TXNM TXNM Energy Inc. | 4.68% | 3,389,018 | $191.6M | Reduce -6.3% |
| KMI Kinder Morgan Inc. | 4.20% | 6,070,100 | $171.8M | Add +177.8% |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | 3.04% | 95,022,000 | $124.3M | No change |
| PCG P G & E Corp. | 2.92% | 7,911,027 | $119.3M | Reduce -23.1% |
| KGS Kodiak Gas Services Inc. | 2.65% | 2,931,704 | $108.4M | Reduce -31.7% |
| CNP Centerpoint Energy Inc. | 2.57% | 2,715,300 | $105.4M | Reduce -34.8% |
| AEP American Electric Power | 2.47% | 897,134 | $100.9M | Reduce -64.9% |
| AEE Ameren Corporation | 1.91% | 749,345 | $78.2M | Reduce -0.8% |
| SRE Sempra | 1.88% | 855,800 | $77.0M | Reduce -50.1% |
| IDA Idacorp Inc. | 1.74% | 537,500 | $71.0M | New |
| ADT Adt Inc. | 1.72% | 8,077,811 | $70.4M | Add +164.8% |
| VNOM Viper Energy Inc. Class A | 1.72% | 1,840,000 | $70.3M | New |
| BKH Black Hills Corp. | 1.66% | 1,100,020 | $67.8M | Add +2100.0% |
| KD Kyndryl Holdings Inc. | 1.63% | 2,227,904 | $66.9M | Add +14.3% |
| SWX Southwest Gas Holdings Inc. | 1.48% | 772,815 | $60.5M | Reduce -14.6% |
| ETN Eaton Corp. PLC | 1.42% | 154,900 | $58.0M | Reduce -3.6% |
| DUK Duke Energy Corp. | 1.38% | 456,529 | $56.5M | Reduce -38.2% |
| CTRE Caretrust REIT Inc. | 1.35% | 1,588,130 | $55.1M | Add +140.8% |
| PRMB Primo Brands Corp. | 1.32% | 2,439,062 | $53.9M | Add +3.8% |
| CMS CMS Energy Corp. | 1.24% | 694,400 | $50.9M | Add +129.8% |
| TDG Transdigm Group Inc. | 1.22% | 38,000 | $50.1M | Add +103.2% |
| SFD Smithfield Foods Inc. | 1.05% | 1,836,714 | $43.1M | Add +96.4% |
| NEE Nextera Energy Inc. | 0.99% | 538,002 | $40.6M | Add +135.6% |
| LTM Latam Airlines Group SA-ADR | 0.91% | 825,000 | $37.3M | New |
| LLY Eli Lilly & Co. | 0.90% | 48,300 | $36.9M | Reduce -4.2% |
| CWST Casella Waste Systems Inc. Class A | 0.86% | 370,000 | $35.1M | Add +149.2% |
| CNM Core & Main Inc. Class A | 0.85% | 645,000 | $34.7M | New |
| QXO Qxo Inc. | 0.84% | 1,810,000 | $34.5M | Add +313.7% |
| AZO AutoZone Inc. | 0.79% | 7,500 | $32.2M | Reduce -25.0% |
| SMA Smartstop Self Storage REIT | 0.78% | 852,665 | $32.1M | Add +1.7% |
| RIG Transocean Ltd. | 0.74% | 9,699,252 | $30.3M | New |
| CPAY Corpay Inc. | 0.71% | 100,700 | $29.0M | Add +54.9% |
| SARO Standardaero Inc. | 0.67% | 1,000,000 | $27.3M | Add +129.9% |
| PH Parker Hannifin Corp. | 0.65% | 35,000 | $26.5M | Reduce -23.9% |
| JRVR James River Group Holdings I | 0.62% | 4,591,638 | $25.5M | Add +53.8% |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 0.60% | 2,095,900 | $24.8M | Reduce -5.8% |
| YORW York Water Co. filed as YORK WTR CO | 0.56% | 757,623 | $23.0M | No change |
| KVUE Kenvue Inc. | 0.54% | 1,369,800 | $22.2M | New |
| WM Waste Management Inc. | 0.54% | 100,000 | $22.1M | Reduce -16.7% |
| HESM Hess Midstream LP Class A | 0.51% | 607,500 | $21.0M | Reduce -32.7% |
| APD Air Products & Chemicals Inc. | 0.50% | 75,000 | $20.5M | Add +13.6% |
| RYAN Ryan Specialty Holdings Inc. | 0.50% | 360,000 | $20.3M | Reduce -71.4% |
| SOLV Solventum Corp. | 0.49% | 275,000 | $20.1M | New |
| LGN Legence Corp. Class A | 0.45% | 600,000 | $18.5M | New |
| TTAM Titan America SA | 0.42% | 1,156,229 | $17.3M | Reduce -48.3% |
| PWR Quanta Services Inc. | 0.41% | 40,000 | $16.6M | Reduce -33.9% |
| GE General Electric filed as GE AEROSPACE | 0.40% | 55,000 | $16.5M | Reduce -31.3% |
| AMRZ Amrize Ltd. | 0.39% | 325,000 | $15.8M | New |
| FVR Frontview REIT Inc. | 0.37% | 1,118,408 | $15.3M | No change |
| CTRI Centuri Holdings Inc. | 0.37% | 711,500 | $15.1M | New |
| CSW CSW Industrials Inc. | 0.36% | 60,000 | $14.6M | Add +100.0% |
| WBI Waterbridge Infrastruc Class A | 0.34% | 557,165 | $14.1M | New |
| PNW Pinnacle West Capital | 0.33% | 148,632 | $13.3M | Reduce -70.3% |
| SPXC SPX Technologies Inc. | 0.32% | 70,000 | $13.1M | New |
| ABBV Abbvie Inc. | 0.31% | 54,900 | $12.7M | New |
| BRO Brown & Brown Inc. | 0.29% | 125,000 | $11.7M | Add +209.5% |
| NIQ Niq Global Intelligence PLC | 0.27% | 700,000 | $11.0M | New |
| NVT Nvent Electric PLC | 0.27% | 110,000 | $10.9M | Reduce -63.6% |
| LOAR Loar Holdings Inc. | 0.25% | 130,000 | $10.4M | Add +52.9% |
| MSFT Microsoft Corp. | 0.25% | 20,000 | $10.4M | No change |
| CARR Carrier Global Corp. | 0.25% | 170,000 | $10.1M | Add +54.5% |
| OKE Oneok Inc. | 0.25% | 137,900 | $10.1M | Reduce -37.1% |
| FLY Firefly Aerospace Inc. | 0.24% | 335,000 | $9.8M | New |
| BBIO Bridgebio Pharma Inc. | 0.23% | 184,400 | $9.6M | Add +2.4% |
| AR Antero Resources Corp. | 0.22% | 270,000 | $9.1M | New |
| BLDR Builders Firstsource Inc. | 0.22% | 73,000 | $8.9M | Add +82.5% |
| CPK Chesapeake Utilities Corp. | 0.21% | 64,192 | $8.6M | Reduce -50.6% |
| MSEX Middlesex Water Co. | 0.20% | 154,557 | $8.4M | Add +26.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.20% | 108,200 | $8.3M | New |
| BMY Bristol-Myers Squibb Co. | 0.20% | 182,000 | $8.2M | Add +17.4% |
| VRT Vertiv Holdings Co. Class A | 0.18% | 50,000 | $7.5M | Reduce -23.1% |
| WCC Wesco International Inc. | 0.18% | 35,000 | $7.4M | Reduce -33.3% |
| BLSH Bullish | 0.17% | 110,000 | $7.0M | New |
| WLK Westlake Corp. | 0.17% | 90,000 | $6.9M | New |
| HTO H2O America | 0.15% | 124,316 | $6.1M | Reduce -73.0% |
| ARIS WATER SOLUTIONS INC-A | 0.15% | 242,482 | $6.0M | New |
| IRON Disc Medicine Inc. | 0.15% | 90,163 | $6.0M | No change |
| SNDX Syndax Pharmaceuticals Inc. | 0.14% | 383,100 | $5.9M | Reduce -36.8% |
| BOW Bowhead Specialty Holdings I | 0.14% | 215,000 | $5.8M | No change |
| LPX Louisiana-Pacific Corp. | 0.14% | 65,000 | $5.8M | New |
| NTST Netstreit Corp. | 0.13% | 294,780 | $5.3M | New |
| JHX James Hardie Ind PLC | 0.13% | 275,000 | $5.3M | New |
| ADPT Adaptive Biotechnologies | 0.12% | 330,834 | $4.9M | Add +30.8% |
| CRH CRH PLC | 0.12% | 40,000 | $4.8M | Reduce -90.0% |
| ELDN Eledon Pharmaceuticals Inc. | 0.12% | 1,825,000 | $4.7M | Add +86.1% |
| MIR Mirion Technologies Inc. | 0.11% | 200,000 | $4.7M | New |
| AQN Algonquin Power & Utilities | 0.11% | 800,000 | $4.3M | New |
| FCPT Four Corners Property Trust | 0.10% | 175,092 | $4.3M | Reduce -67.0% |
| INCY Incyte Corp. | 0.10% | 50,000 | $4.2M | New |
| PACS Pacs Group Inc. | 0.10% | 302,500 | $4.2M | Add +27.4% |
| GAUZ Gauzy Ltd. | 0.10% | 645,608 | $4.1M | No change |
| MLYS Mineralys Therapeutics Inc. | 0.09% | 100,000 | $3.8M | Reduce -38.5% |
| TYG Tortoise Energy Infrastruct | 0.09% | 81,418 | $3.5M | Reduce -3.0% |
| GPC Genuine Parts Co. | 0.08% | 25,000 | $3.5M | Reduce -58.3% |
| NJR New Jersey Resources Corp. | 0.08% | 70,430 | $3.4M | Reduce -10.5% |
| CHWY Chewy Inc. Class A | 0.08% | 79,654 | $3.2M | Reduce -94.7% |
| KYN Kayne Anderson Energy Infra | 0.08% | 250,000 | $3.1M | Add +150.0% |
| ASND Ascendis Pharma A/S | 0.08% | 15,500 | $3.1M | Reduce -61.5% |
| LNG Cheniere Energy Inc. | 0.07% | 12,500 | $2.9M | New |
| CYTK Cytokinetics Inc. | 0.07% | 50,000 | $2.7M | Reduce -34.6% |
| CSX CSX Corp. | 0.07% | 75,000 | $2.7M | Add +514.8% |
| FIGR Figure Technology Solut Class A | 0.06% | 70,000 | $2.5M | New |
| AVB Avalonbay Communities Inc. | 0.06% | 11,663 | $2.3M | Add +393.6% |
| SLDE Slide Insurance Holdings Inc. | 0.05% | 137,485 | $2.2M | Reduce -65.6% |
| EOLS Evolus Inc. | 0.05% | 330,000 | $2.0M | Reduce -47.6% |
| KLAR Klarna Group PLC | 0.04% | 50,000 | $1.8M | New |
| OPAL Opal Fuels Inc. Class A | 0.04% | 823,055 | $1.8M | Reduce -24.3% |
| MRK Merck & Co. Inc. | 0.04% | 20,000 | $1.7M | New |
| SLNO Soleno Therapeutics Inc. | 0.04% | 24,600 | $1.7M | Reduce -79.6% |
| HUT Hut 8 Corp. | 0.04% | 47,500 | $1.7M | New |
| ERH Allspring Utilities and High | 0.04% | 128,803 | $1.6M | No change |
| EQIX Equinix Inc. | 0.04% | 2,004 | $1.6M | Add +82.2% |
| CUBE Cubesmart | 0.04% | 37,934 | $1.5M | Add +2054.1% |
| SPG Simon Property Group Inc. | 0.03% | 7,503 | $1.4M | Reduce -65.8% |
| SNPS Synopsys Inc. | 0.02% | 1,650 | $814K | New |
| PLD Prologis Inc. | 0.02% | 7,070 | $810K | New |
| NTSK Netskope Inc. Class A | 0.02% | 35,000 | $796K | New |
| HTFL Heartflow Inc. | 0.02% | 20,000 | $673K | New |
| CARL Carlsmed Inc. | 0.02% | 50,000 | $670K | New |
| MIAX Miami International Holdings | 0.01% | 15,000 | $604K | New |
| GEMI Gemini Space Station Inc. Class A | 0.01% | 25,000 | $599K | New |
| DLR Digital Realty Trust Inc. | 0.01% | 2,400 | $415K | Reduce -85.0% |
| ADC Agree Realty Corp. | 0.01% | 5,416 | $385K | Add +62.5% |
| DPG Duff & Phelps Utility & Inc. | 0.01% | 28,000 | $361K | New |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.01% | 4,376 | $283K | Reduce -31.8% |
| KRG Kite Realty Group Trust | 0.01% | 12,614 | $281K | Reduce -9.3% |
| FIG Figma Inc. Class A | 0.01% | 5,000 | $259K | New |
| BRCB Black Rock Coffee Bar Inc. Class A | 0.01% | 10,000 | $239K | New |
Options reported separately and not counted above: PCG calls ($296.9M), NI calls ($43.3M), ES puts ($35.6M), WEC puts ($28.6M), EVRG puts ($21.9M), PEG puts ($18.8M), HESM calls ($17.3M), GSK puts ($17.3M), NEE calls ($15.1M), DUK calls ($12.4M), LLY calls ($9.5M), MRK puts ($8.4M), and 3 more.
Portfolio Sells Q2 2025 → Q3 2025
| AEP American Electric Power | Reduce -64.9% | 2.47% | −3.60 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −2.13 |
| EVRG Evergy Inc. | Sold out | 0.00% | −1.48 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -71.4% | 0.50% | −1.46 |
| CHWY Chewy Inc. Class A | Reduce -94.7% | 0.08% | −1.39 |
| ETR Entergy Corp. | Sold out | 0.00% | −1.33 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −1.30 |
| SRE Sempra | Reduce -50.1% | 1.88% | −1.10 |
| ZWS Zurn Elkay Water Solutions C | Sold out | 0.00% | −1.00 |
| HE Hawaiian Electric Inds | Sold out | 0.00% | −0.93 |
| CNP Centerpoint Energy Inc. | Reduce -34.8% | 2.57% | −0.93 |
| CRH CRH PLC | Reduce -90.0% | 0.12% | −0.73 |
| KGS Kodiak Gas Services Inc. | Reduce -31.7% | 2.65% | −0.72 |
| WMS Advanced Drainage Systems Inc. | Sold out | 0.00% | −0.71 |
| PNW Pinnacle West Capital | Reduce -70.3% | 0.33% | −0.70 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.63 |
| DUK Duke Energy Corp. | Reduce -38.2% | 1.38% | −0.61 |
| KVYO Klaviyo Inc. Class A | Sold out | 0.00% | −0.55 |
| XEL Xcel Energy Inc. | Reduce -28.3% | 4.83% | −0.50 |
| KNTK Kinetik Holdings Inc. | Sold out | 0.00% | −0.44 |
| HTO H2O America | Reduce -73.0% | 0.15% | −0.40 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.39 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.38 |
| PCG P G & E Corp. | Reduce -23.1% | 2.92% | −0.37 |
| TEVA Teva Pharmaceutical-SP ADR | Sold out | 0.00% | −0.36 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.35 |
| CRCL Circle Internet Group Inc. | Sold out | 0.00% | −0.33 |
| VVX V2X Inc. | Sold out | 0.00% | −0.33 |
| HESM Hess Midstream LP Class A | Reduce -32.7% | 0.51% | −0.28 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.28 |
| MRX Marex UK Holdings Ltd. | Sold out | 0.00% | −0.27 |
| NVT Nvent Electric PLC | Reduce -63.6% | 0.27% | −0.24 |
| MGA Magna International Inc. | Sold out | 0.00% | −0.24 |
| SR Spire Inc. | Sold out | 0.00% | −0.24 |
| FCPT Four Corners Property Trust | Reduce -67.0% | 0.10% | −0.22 |
| TTAM Titan America SA | Reduce -48.3% | 0.42% | −0.22 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.21 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.21 |
| SLNO Soleno Therapeutics Inc. | Reduce -79.6% | 0.04% | −0.19 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −0.18 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.17 |
| OKE Oneok Inc. | Reduce -37.1% | 0.25% | −0.16 |
| WHR Whirlpool Corp. | Sold out | 0.00% | −0.15 |
| WTRG Essential Utilities Inc. | Sold out | 0.00% | −0.15 |
| CPK Chesapeake Utilities Corp. | Reduce -50.6% | 0.21% | −0.15 |
| HUDSON PAC PPTYS INC | Sold out | 0.00% | −0.15 |
| SLDE Slide Insurance Holdings Inc. | Reduce -65.6% | 0.05% | −0.15 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.14 |
| PBA Pembina Pipeline Corp. | Sold out | 0.00% | −0.14 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.14 |
Portfolio Buys Q2 2025 → Q3 2025
| NI Nisource Inc. | Add +2040.7% | 6.23% | +5.97 |
| KMI Kinder Morgan Inc. | Add +177.8% | 4.20% | +2.73 |
| IDA Idacorp Inc. | New | 1.74% | +1.74 |
| VNOM Viper Energy Inc. Class A | New | 1.72% | +1.72 |
| BKH Black Hills Corp. | Add +2100.0% | 1.66% | +1.59 |
| ADT Adt Inc. | Add +164.8% | 1.72% | +1.13 |
| LTM Latam Airlines Group SA-ADR | New | 0.91% | +0.91 |
| CTRE Caretrust REIT Inc. | Add +140.8% | 1.35% | +0.88 |
| CNM Core & Main Inc. Class A | New | 0.85% | +0.85 |
| CMS CMS Energy Corp. | Add +129.8% | 1.24% | +0.76 |
| RIG Transocean Ltd. | New | 0.74% | +0.74 |
| NEE Nextera Energy Inc. | Add +135.6% | 0.99% | +0.63 |
| QXO Qxo Inc. | Add +313.7% | 0.84% | +0.63 |
| TDG Transdigm Group Inc. | Add +103.2% | 1.22% | +0.57 |
| SFD Smithfield Foods Inc. | Add +96.4% | 1.05% | +0.55 |
| KVUE Kenvue Inc. | New | 0.54% | +0.54 |
| SOLV Solventum Corp. | New | 0.49% | +0.49 |
| CWST Casella Waste Systems Inc. Class A | Add +149.2% | 0.86% | +0.47 |
| TRGP Targa Resources Corp. | Add +6.5% | 5.43% | +0.46 |
| LGN Legence Corp. Class A | New | 0.45% | +0.45 |
| AMRZ Amrize Ltd. | New | 0.39% | +0.39 |
| CTRI Centuri Holdings Inc. | New | 0.37% | +0.37 |
| SARO Standardaero Inc. | Add +129.9% | 0.67% | +0.35 |
| WBI Waterbridge Infrastruc Class A | New | 0.34% | +0.34 |
| SPXC SPX Technologies Inc. | New | 0.32% | +0.32 |
| ABBV Abbvie Inc. | New | 0.31% | +0.31 |
| NIQ Niq Global Intelligence PLC | New | 0.27% | +0.27 |
| FLY Firefly Aerospace Inc. | New | 0.24% | +0.24 |
| JRVR James River Group Holdings I | Add +53.8% | 0.62% | +0.22 |
| AR Antero Resources Corp. | New | 0.22% | +0.22 |
| CPAY Corpay Inc. | Add +54.9% | 0.71% | +0.21 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.20% | +0.20 |
| BRO Brown & Brown Inc. | Add +209.5% | 0.29% | +0.18 |
| BLSH Bullish | New | 0.17% | +0.17 |
| WLK Westlake Corp. | New | 0.17% | +0.17 |
| CSW CSW Industrials Inc. | Add +100.0% | 0.36% | +0.16 |
| ARIS WATER SOLUTIONS INC-A | New | 0.15% | +0.15 |
| LPX Louisiana-Pacific Corp. | New | 0.14% | +0.14 |
| NTST Netstreit Corp. | New | 0.13% | +0.13 |
| JHX James Hardie Ind PLC | New | 0.13% | +0.13 |
| MIR Mirion Technologies Inc. | New | 0.11% | +0.11 |
| BLDR Builders Firstsource Inc. | Add +82.5% | 0.22% | +0.11 |
| AQN Algonquin Power & Utilities | New | 0.11% | +0.11 |
| INCY Incyte Corp. | New | 0.10% | +0.10 |
| SMA Smartstop Self Storage REIT | Add +1.7% | 0.78% | +0.09 |
| LOAR Loar Holdings Inc. | Add +52.9% | 0.25% | +0.09 |
| APD Air Products & Chemicals Inc. | Add +13.6% | 0.50% | +0.07 |
| LNG Cheniere Energy Inc. | New | 0.07% | +0.07 |
| CARR Carrier Global Corp. | Add +54.5% | 0.25% | +0.06 |
| FIGR Figure Technology Solut Class A | New | 0.06% | +0.06 |
Options Activity Q2 2025 → Q3 2025
| PCG P G & E Corp. | call | Add +90.9% | 10,500,000 | $296.9M |
| NI Nisource Inc. | call | New | 1,000,000 | $43.3M |
| ES Eversource Energy | put | New | 500,000 | $35.6M |
| WEC WEC Energy Group Inc. | put | New | 250,000 | $28.6M |
| EIX Edison International | call | Sold out | 500,000 | $25.8Mbefore exit |
| EVRG Evergy Inc. | put | New | 287,500 | $21.9M |
| XEL Xcel Energy Inc. | call | Sold out | 300,000 | $20.4Mbefore exit |
| PEG Public Service Enterprise GP | put | New | 225,000 | $18.8M |
| LNG Cheniere Energy Inc. | call | Sold out | 75,000 | $18.3Mbefore exit |
| HESM Hess Midstream LP Class A | call | New | 500,000 | $17.3M |
| GSK GSK PLC-Spon ADR | put | New | 400,000 | $17.3M |
| NEE Nextera Energy Inc. | call | Reduce -55.6% | 200,000 | $15.1M |
| AEP American Electric Power | call | Sold out | 125,000 | $13.0Mbefore exit |
| DUK Duke Energy Corp. | call | New | 100,000 | $12.4M |
| FE Firstenergy Corp. | call | Sold out | 250,000 | $10.1Mbefore exit |
| LLY Eli Lilly & Co. | call | New | 12,500 | $9.5M |
| MRK Merck & Co. Inc. | put | New | 100,000 | $8.4M |
| BMY Bristol-Myers Squibb Co. | call | New | 175,000 | $7.9M |
| ES Eversource Energy | call | Sold out | 100,000 | $6.4Mbefore exit |
| KGS Kodiak Gas Services Inc. | call | Sold out | 175,000 | $6.0Mbefore exit |
| KTOS Kratos Defense & Security | call | Sold out | 125,000 | $5.8Mbefore exit |
| KD Kyndryl Holdings Inc. | call | Sold out | 125,000 | $5.2Mbefore exit |
| VNOM Viper Energy Inc. | call | Sold out | 125,000 | $4.8Mbefore exit |
| OKE Oneok Inc. | call | Sold out | 50,000 | $4.1Mbefore exit |
| WMB Williams Cos Inc. | put | New | 50,000 | $3.2M |
| SFD Smithfield Foods Inc. | call | Sold out | 125,000 | $2.9Mbefore exit |
| VG Venture Global Inc. Class A | put | New | 150,000 | $2.1M |
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 |