Equal-WT
WhaleScore 2.0
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LSP Investment Advisors is based out of New York. LSP Investment Advisors is a hedge fund with 17 clients and discretionary assets under management (AUM) of $8,996,276,849 (Form ADV from 2024-04-24). Their last reported 13F filing for Q3 2024 included $185,670,104 in managed 13F securities
and a top 10 holdings concentration of 90.35%. LSP Investment Advisors's largest holding is Xcel Energy, Inc. with shares held of 702,000. Whalewisdom has at least 34 13F filings
Business Description
LS Power Equity Advisors, LLC (the “Management Company”) manages assets on a discretionary basis on behalf of private pooled investment vehicles. The Management Company operates as a single advisory business together with its affiliated general partners (each a “General Partner” and together with the Management Company and their affiliated entities, “LSPE” or the “Company”). LSPE's investment professionals review all Fund portfolio investments on a regular basis and closely monitor and review the valuations of all Fund portfolio investments. LSPE furnishes audited financial statements for the Funds to all investors on an annual basis. The Funds’ financial statements are audited annually by independent certified public accountants registered with the Public Company Accounting Oversight Board.
The General Partner of each Fund intends to retain affiliated and non-affiliated marketing consultants and agents. As part of these agreements, and in accordance with applicable regulation, the consultants and/or agents are paid a fee related to the amount of capital raised for each Fund. Fees paid by the Funds for marketing or fund raising are offset by a reduction of management fees due to LSPE. As an SEC-registered investment adviser, the Management Company is subject to the requirements of the Advisers Act and the rules promulgated thereunder. Increased regulation and regulatory oversight of private funds and their managers imposes administrative and compliance burdens on LSPE, including, without limitation, implementing policies and procedures to ensure compliance with new or amended rules and responding to examinations and other regulatory inquiries.
Investment Strategy
The Funds primarily invest in securities issued by privately held companies, particularly in the power and energy infrastructure industries. They aim to make a limited number of investments, concentrating their portfolio within a specific industry or segment. This strategy, while potentially yielding high returns, also carries the risk of significant losses due to lack of diversification and the performance of a few key holdings.
The Funds actively engage with portfolio companies to promote their strategies and maximize returns upon disposition. However, economic uncertainty and downturns can slow investment activity, leading to longer holding periods and potentially impacting portfolio companies' performance. The Funds also incorporate ESG factors into their investment decisions, aiming to positively impact the financial, climate, and ESG performance of their portfolio companies. This strategy, while potentially beneficial, may involve higher compliance costs and the forgoing of certain opportunities, potentially impacting the Funds' overall performance compared to funds that do not consider ESG factors.
Owners
- BURKE, JOHN, PATRICK - MANAGING DIRECTOR
- WADE, JEFFREY, PAUL - CHIEF COMPLIANCE OFFICER
- KAPADIA, DARPAN, SUBHASH - EXECUTIVE VICE PRESIDENT
- NEILL, JENNIFER, ROSIAK - CHIEF FINANCIAL OFFICER
- NANUS, DAVID, GRAIG - PRESIDENT
- LSP GENERATION IV, LLC - MEMBER/OWNER
- MITCHELL, MATTHEW - MANAGING DIRECTOR
- KIM, ERNEST, LEE - MANAGING DIRECTOR
- STAIKOS, JOHN, (NMN) - MANAGING DIRECTOR, GENERAL COUNSEL & SECRETARY
- EDELSTEIN, SHIMON, BEZALEL - EXECUTIVE VICE PRESIDENT, TAX
- ROLOFF, RICHARD, CHARLES - MANAGING DIRECTOR
- PRAJAPATI, UPENDRA, PRAMODCHANDRA - SENIOR VICE PRESIDENT, TAX
- TANSEY, JAMES, SCOTT - TREASURER
- GENIECZKO, MICHELLE, DENISE - ASSISTANT SECRETARY
- MARSHALL, DAVID, JAN - SENIOR VICE PRESIDENT & ASSISTANT SECRETARY
- HANSON, NATHAN, ERICK - MANAGING DIRECTOR
- MYERS, JOSEPH, LOUIS - SENIOR VICE PRESIDENT
- HAMMOND, ANTHONY, CHARLES - SENIOR VICE PRESIDENT 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 |
|---|---|
| EXE Expand Energy Corp | 3.11% |
| VTLE Vital Energy Inc | -0.92% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| ARCH Arch Resources Inc | 7.69% |
| HCC Warrior Met Coal Inc | 1.15% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| XEL Xcel Energy, Inc. | 24.69% |
| SPY SPDR S&P 500 ETF TRU | 22.31% |
| ARCH Arch Resources Inc | 13.86% |
| BATL Battalion Oil Corp | 8.51% |
| EXE Expand Energy Corp | 5.92% |
2024-09-30
13F Activity
| Market Value | $186m, Prior: $176m |
| Inflows (Outflows) as % of Total MV | (-1.2702)% |
| New Purchases | 0 stocks |
| Added To | 2 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 1 stocks |
| Top 10 Holdings % | 90.35% |
| Turnover %[1] | 3.7% |
| Turnover Alt %[2] | 4.57% |
| Time Held Top 20 | 7.6 quarters |
| Time Held Top 10 | 7.2 quarters |
| Time Held All | 10.15 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