Equal-WT
WhaleScore 2.0
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Bluescape Energy Partners is based out of Dallas. Bluescape Energy Partners is a hedge fund with 5 clients and discretionary assets under management (AUM) of $833,593,402 (Form ADV from 2024-03-27). Their last reported 13F filing for Q3 2024 included $437,967,517 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Bluescape Energy Partners's largest holding is Evergy Inc with shares held of 2,657,473. Whalewisdom has at least 28 13F filings, and 1 Form 4 filings
Business Description
Bluescape seeks to apply a team-based approach to every aspect of the investment process, ensuring a variety of perspectives are considered in each investment decision. Their investment evaluation process emphasizes purchase price discipline, extensive asset analysis, due diligence, and a collaborative approach to decision making. Bluescape intends to leverage its internal expertise and supplement it with specific external expertise to understand the technical, operational, pricing, legal, tax, regulatory, and competitive opportunities and risks.
Bluescape's advisory business involves managing and investing in portfolio companies. This includes acquiring, bidding on, developing, owning, managing, monitoring, settling, operating, holding, hedging, restructuring, trading, taking public or private, selling, valuing, winding up, liquidating, dissolving, or otherwise disposing of portfolio companies and a Fund's actual and potential investments. Bluescape may also seek to do any of the foregoing, including any associated legal, financing, commitment, transaction, or other fees and expenses payable to attorneys, accountants, tax professionals, investment bankers, engineers, lenders, third-party diligence providers, consultants, executive search firms, data providers, and similar professionals.
Investment Strategy
Bluescape's investment strategy focuses on deep value opportunities within the energy and power sectors, particularly distressed and out-of-favor opportunities. This strategy is centered around five key components:
1. **Deep value equity investing in existing enterprises:** This involves identifying undervalued companies within the energy and power sectors and investing in their equity.
2. **Long-term option turnaround/restructuring and restructuring partnerships:** Bluescape aims to invest in companies undergoing restructuring or turnaround, potentially forming partnerships to facilitate this process.
3. **Real and aggregation:** This component involves acquiring and aggregating assets within the energy and power sectors, potentially creating value through consolidation.
4. **Downside mitigation:** Bluescape seeks to minimize potential losses by carefully evaluating investments and implementing risk management strategies.
5. **Asymmetric ownership structures:** This involves structuring investments in a way that maximizes potential returns while limiting downside risk.
Owners
- SCAVETTI, JOSEPH, JULIAN - CCO
- BLUESCAPE RESOURCES COMPANY - SOLE MEMBER
- HULME, RONALD, CARL - MANAGING DIRECTOR
- WILDER, C, JOHN - CHAIRMAN AND MANAGER
- SIEGLER, JONATHAN, A - CFO Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| NRG NRG Energy Inc | 0.53% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| EVRG Evergy Inc | 37.63% |
| NRG NRG Energy Inc | 27.71% |
| REPX Riley Exploration Pe | 27.35% |
| MTAL MAC Copper Ltd. | 6.59% |
| VGAS Verde Clean Fuels In | 0.73% |
2024-09-30
13F Activity
| Market Value | $438m, Prior: $419m |
| Inflows (Outflows) as % of Total MV | (-3.8989)% |
| New Purchases | 0 stocks |
| Added To | 0 stocks |
| Sold out of | 0 stocks |
| Reduced holdings in | 1 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 0% |
| Turnover Alt %[2] | 0% |
| Time Held Top 20 | 12.8 quarters |
| Time Held Top 10 | 12.8 quarters |
| Time Held All | 12.8 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30