Zimmer Partners, LP
Sector Allocation
- Utilities32.9%$1.4B
- Energy21.2%$896.8M
- Real Estate16.3%$690.7M
- Industrials15.2%$643.2M
- Technology5.1%$215.0M
- Consumer Discretionary3.5%$150.1M
- Financials2.7%$114.5M
- Materials1.9%$81.4M
- Consumer Staples0.3%$14.1M
- Other0.3%$13.9M
AUM History
13fpro.ai/research/fund/zimmer-partners-lp-1565854
Conviction and streaks
Diversifying · top 10 = 43.0%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
WELL
$255.1MNI
$203.4MES
$194.5MKGS
$190.1MXEL
$186.6MTRGP
$175.5MPCG
$166.3MMAIR
$161.9MPPL
$142.6MKMI
$142.1MADC
$139.6MFPS
$126.9MLNG
$112.1MSRE
$85.2MMGEE
$81.5MIDA
$69.7MJAN
$61.8MPH
$60.2MCTRE
$59.4MGEV
$51.7M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/zimmer-partners-lp-1565854
Zimmer Partners, LP 13F holdings — Q2 2026
$4.3B portfolio (+4.7% QoQ) · 121 holdings · Q2 2026 13F · top 10 are 43% of the stock portfolio
Includes $114.1M of put/call options ($19.0M puts, $95.1M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $4.2B. Weights use the stock portfolio.
$255.1M
6.0% of stocks
+0.4%This quarter+2.2%Since filed10+ qtrsHeld$203.4M
4.8% of stocks
-17%This quarter+2.2%Since filed10+ qtrsHeld$194.5M
4.6% of stocks
-19%This quarter-6.7%Since filed10+ qtrsHeldAIQuality65.5#474Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$190.1M
4.5% of stocks
+6%This quarter-30.4%Since filed10+ qtrsHeld$186.6M
4.4% of stocks
-12%This quarter-1.6%Since filed10+ qtrsHeldAIQuality54.5#1,313Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$175.5M
4.2% of stocks
-18%This quarter+10.5%Since filed10+ qtrsHeld$166.3M
3.9% of stocks
+54%This quarter-28.0%Since filed10+ qtrsHeld$161.9M
3.8% of stocks
NewThis quarter-26.7%Since filedNew this quarterHeld$142.6M
3.4% of stocks
NewThis quarter-3.0%Since filedNew this quarterHeld$142.1M
3.4% of stocks
-22%This quarter+3.4%Since filed7 qtrsHeld
All holdings — Zimmer Partners, LP (Q2 2026)
121 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | AGREE REALTY CORP | Real Estate | $139.6M | 3.3% | 1.84M | -44% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | Forgent Power Solutions, Inc. | Technology | $126.9M | 3.0% | 2.27M | +16% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | Cheniere Energy, Inc. | Energy | $112.1M | 2.6% | 469K | +753% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | SEMPRA | Utilities | $85.2M | 2.0% | 919K | +31% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | MGE ENERGY INC | Utilities | $81.5M | 1.9% | 1.00M | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | IDACORP INC | Utilities | $69.7M | 1.6% | 461K | -36% | 4 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Janus Living, Inc. | Real Estate | $61.8M | 1.5% | 2.15M | +274% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Parker-Hannifin Corp | Industrials | $60.2M | 1.4% | 62K | +146% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | CareTrust REIT, Inc. | Real Estate | $59.4M | 1.4% | 1.47M | -1% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | PG&E Corp | Utilities | $54.7M | — | 3.25M | +550% | — | — | 13F | |
| 21 | GE Vernova Inc. | Industrials | $51.7M | 1.2% | 44K | +487% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | ENTERGY CORP /DE/ | Utilities | $51.7M | 1.2% | 450K | -52% | 3 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | WASTE MANAGEMENT INC | Utilities | $50.1M | 1.2% | 225K | +96% | 9 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | AUTOZONE INC | Consumer Discretionary | $48.4M | 1.1% | 15K | +203% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | BKV Corp | Energy | $45.8M | 1.1% | 1.67M | -14% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $CNM | Core & Main, Inc. | Consumer Discretionary | $45.0M | 1.1% | 933K | +117% | |||
| 27 | $NHP | National Healthcare Properties, Inc. | Real Estate | $44.4M | 1.1% | 3.03M | New | |||
| 28 | $YORW | YORK WATER CO | Utilities | $43.5M | 1.0% | 1.42M | +94% | |||
| 29 | $DLR | DIGITAL REALTY TRUST, INC. | Real Estate | $42.7M | 1.0% | 238K | New | |||
| 30 | $MOD | MODINE MANUFACTURING CO | Industrials | $42.4M | 1.0% | 159K | New | |||
| 31 | $KNTK | Kinetik Holdings Inc. | Energy | $40.5M | 1.0% | 838K | +529% | |||
| 32 | $HESM | Hess Midstream LP | Energy | $37.5M | 0.9% | 998K | +233% | |||
| 33 | $DVN | DEVON ENERGY CORP/DE | Energy | $36.4M | 0.9% | 881K | New | |||
| 34 | $MTZ | MASTEC INC | Energy | $35.4M | 0.8% | 85K | New | |||
| 35 | $CRH | CRH PUBLIC LTD CO | Materials | $35.3M | 0.8% | 330K | -18% | |||
| 36 | $HTO | H2O AMERICA | Utilities | $31.2M | 0.7% | 514K | -49% | |||
| 37 | $AHR | American Healthcare REIT, Inc. | Real Estate | $29.5M | 0.7% | 565K | New | |||
| 38 | $ROL | ROLLINS INC | Industrials | $29.2M | 0.7% | 700K | +367% | |||
| 39 | $PNR | PENTAIR plc | Industrials | $28.7M | 0.7% | 375K | +88% | |||
| 40 | $SARO | StandardAero, Inc. | Industrials | $27.8M | 0.7% | 930K | +9% | |||
| 41 | $EROC | ERock, Inc. | Technology | $27.4M | 0.7% | 1.89M | New | |||
| 42 | $RYAN | RYAN SPECIALTY HOLDINGS, INC. | Financials | $27.4M | 0.7% | 725K | -17% | |||
| 43 | $GPC | GENUINE PARTS CO | Consumer Discretionary | $26.5M | 0.6% | 225K | +80% | |||
| 44 | $ITT | ITT INC. | Industrials | $25.7M | 0.6% | 130K | +160% | |||
| 45 | $GNRC | GENERAC HOLDINGS INC. | Technology | $25.3M | 0.6% | 86K | +58% | |||
| 46 | $FRVO | Fervo Energy Co | Utilities | $24.7M | 0.6% | 845K | New | |||
| 47 | $USAR | USA Rare Earth, Inc. | Materials | $24.4M | 0.6% | 1.13M | -2% | |||
| 48 | $CMI | CUMMINS INC | Industrials | $24.3M | 0.6% | 34K | +36% | |||
| 49 | $BLDR | Builders FirstSource, Inc. | Industrials | $23.5M | 0.6% | 263K | -21% | |||
| 50 | $PNW | PINNACLE WEST CAPITAL CORP | Utilities | $23.3M | 0.6% | 218K | -56% | |||
| 51 | $XE | X-Energy, Inc. | Industrials | $22.9M | 0.5% | 1.24M | New | |||
| 52 | $EME | EMCOR Group, Inc. | Industrials | $22.8M | 0.5% | 28K | -21% | |||
| 53 | $LGN | Legence Corp. | Industrials | $21.1M | 0.5% | 248K | New | |||
| 54 | $SYY | SYSCO CORP | Consumer Discretionary | $20.9M | 0.5% | 250K | +213% | |||
| 55 | $JRVR | James River Group Holdings, Inc. | Financials | $20.3M | 0.5% | 4.62M | +0.7% | |||
| 56 | $WULF | TERAWULF INC. | Financials | $19.5M | 0.5% | 789K | +502% | |||
| 57 | $RBC | RBC Bearings INC | Industrials | $19.3M | 0.5% | 30K | New | |||
| 58 | $CPAY | CORPAY, INC. | Financials | $16.9M | 0.4% | 51K | -9% | |||
| 59 | $LOAR | Loar Holdings Inc. | Industrials | $16.1M | 0.4% | 200K | -65% | |||
| 60 | $PRIM | Primoris Services Corp | Energy | $15.8M | 0.4% | 160K | New | |||
| 61 | $VRT | Vertiv Holdings Co | Technology | $15.1M | 0.4% | 45K | New | |||
| 62 | $ETN | Eaton Corp plc | Industrials | $14.9M | 0.3% | 35K | New | |||
| 63 | $VG | Venture Global, Inc. | Energy | $14.6M | 0.3% | 1.31M | New | |||
| 64 | $BKH | BLACK HILLS CORP /SD/ | Utilities | $14.4M | 0.3% | 194K | -74% | |||
| 65 | $SMA | SmartStop Self Storage REIT, Inc. | Real Estate | $14.2M | 0.3% | 438K | -27% | |||
| 66 | $AR | ANTERO RESOURCES Corp | Energy | $14.1M | 0.3% | 400K | +88% | |||
| 67 | $PRMB | Primo Brands Corp | Consumer Staples | $14.1M | 0.3% | 575K | -20% | |||
| 68 | $HUT | Hut 8 Corp. | Financials | $14.0M | 0.3% | 121K | -56% | |||
| 69 | $GE | GENERAL ELECTRIC CO | Industrials | $13.1M | 0.3% | 35K | -73% | |||
| 70 | $GPOR | GULFPORT ENERGY CORP | Energy | $12.9M | 0.3% | 76K | New | |||
| 71 | $VNOM | Viper Energy, Inc. | Energy | $12.7M | 0.3% | 300K | -61% | |||
| 72 | $DPC | DPC Holdings PLC | Materials | $12.3M | 0.3% | 250K | New | |||
| 73 | $ARXS | Arxis, Inc. | Industrials | $11.5M | 0.3% | 250K | New | |||
| 74 | $IDA CALL | IDACORP INC | Utilities | $11.3M | — | 75K | New | |||
| 75 | $CR | Crane Co | Industrials | $11.2M | 0.3% | 50K | -41% | |||
| 76 | $LGN PUT | Legence Corp. | Industrials | $10.7M | — | 125K | New | |||
| 77 | $AHR CALL | American Healthcare REIT, Inc. | Real Estate | $10.4M | — | 200K | New | |||
| 78 | $MSEX | MIDDLESEX WATER CO | Utilities | $9.9M | 0.2% | 177K | — | |||
| 79 | $NEE | NEXTERA ENERGY INC | Utilities | $9.6M | 0.2% | 110K | New | |||
| 80 | $SWX | Southwest Gas Holdings, Inc. | Energy | $9.6M | 0.2% | 108K | -82% | |||
| 81 | $FCX | FREEPORT-MCMORAN INC | Materials | $9.4M | 0.2% | 150K | -37% | |||
| 82 | $QXO | QXO, Inc. | Consumer Discretionary | $9.2M | 0.2% | 530K | -66% | |||
| 83 | $PPL CALL | PPL Corp | Utilities | $9.1M | — | 250K | New | |||
| 84 | $KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | Other | $9.0M | 0.2% | 653K | +11% | |||
| 85 | $MSFT | MICROSOFT CORP | Technology | $8.0M | 0.2% | 22K | — | |||
| 86 | $TDG | TransDigm Group INC | Industrials | $7.9M | 0.2% | 5,955 | -76% | |||
| 87 | $VRTS | VIRTUS INVESTMENT PARTNERS, INC. | Financials | $7.3M | 0.2% | 51K | -40% | |||
| 88 | $STC | STEWART INFORMATION SERVICES CORP | Financials | $7.2M | 0.2% | 110K | -55% | |||
| 89 | $NTST | NETSTREIT Corp. | Real Estate | $6.7M | 0.2% | 316K | — | |||
| 90 | $FOXA | Fox Corp | Communication Services | $6.4M | 0.1% | 123K | New | |||
| 91 | $ELDN | Eledon Pharmaceuticals, Inc. | Healthcare | $6.3M | 0.1% | 1.60M | -15% | |||
| 92 | $AIV | APARTMENT INVESTMENT & MANAGEMENT CO | Real Estate | $6.0M | 0.1% | 2.03M | — | |||
| 93 | $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | Technology | $6.0M | 0.1% | 35K | New | |||
| 94 | $BXP | BXP, Inc. | Real Estate | $5.8M | 0.1% | 88K | New | |||
| 95 | $EXR | Extra Space Storage Inc. | Real Estate | $5.2M | 0.1% | 36K | New | |||
| 96 | $CNM CALL | Core & Main, Inc. | Consumer Discretionary | $4.8M | — | 100K | New | |||
| 97 | $DUK | Duke Energy CORP | Utilities | $4.7M | 0.1% | 38K | -91% | |||
| 98 | $DUK CALL | Duke Energy CORP | Utilities | $4.7M | — | 38K | New | |||
| 99 | $QNT | Quantinuum Inc. | Technology | $4.7M | 0.1% | 58K | New | |||
| 100 | $FCPT | Four Corners Property Trust, Inc. | Real Estate | $4.5M | 0.1% | 185K | — | |||
| 101 | $OKE PUT | ONEOK INC /NEW/ | Energy | $4.3M | — | 50K | New | |||
| 102 | $BKD PUT | Brookdale Senior Living Inc. | Healthcare | $4.0M | — | 250K | New | |||
| 103 | $CDNL | Cardinal Infrastructure Group Inc. | Industrials | $3.8M | 0.1% | 40K | New | |||
| 104 | $XRN | Chiron Real Estate Inc. | Real Estate | $3.3M | 0.1% | 88K | New | |||
| 105 | $CUBE | CubeSmart | Real Estate | $2.7M | 0.1% | 68K | — | |||
| 106 | $DOC | HEALTHPEAK PROPERTIES, INC. | Real Estate | $2.7M | 0.1% | 125K | -8% | |||
| 107 | $CPT | CAMDEN PROPERTY TRUST | Real Estate | $2.6M | 0.1% | 23K | New | |||
| 108 | $SUI | SUN COMMUNITIES INC | Real Estate | $2.5M | 0.1% | 21K | New | |||
| 109 | $VNO | VORNADO REALTY TRUST | Real Estate | $2.2M | 0.1% | 55K | New | |||
| 110 | $AVEX | AEVEX Corp. | Industrials | $2.1M | 0.1% | 100K | New | |||
| 111 | $AVLN | Avalyn Pharma Inc. | Healthcare | $2.1M | 0.1% | 63K | New | |||
| 112 | $RIOT | Riot Platforms, Inc. | Financials | $1.9M | 0.0% | 69K | New | |||
| 113 | — | WHIRLPOOL CORP - 8.5 DEP SR A CNV | — | $1.8M | 0.0% | 50K | — | |||
| 114 | $NEXT | NextDecade Corp | Energy | $1.7M | 0.0% | 229K | +8% | |||
| 115 | $DPG | Duff & Phelps Utility & Infrastructure Fund Inc. | Other | $1.6M | 0.0% | 108K | — | |||
| 116 | $ERH | ALLSPRING UTILITIES & HIGH INCOME FUND | Other | $1.6M | 0.0% | 129K | — | |||
| 117 | $WHR | WHIRLPOOL CORP /DE/ | Technology | $1.3M | 0.0% | 33K | -92% | |||
| 118 | $MANE | Veradermics, Inc | Healthcare | $1.1M | 0.0% | 8,900 | New | |||
| 119 | $AERO | Grupo Aeromexico, S.A.B. de C.V. | Industrials | $1.1M | 0.0% | 60K | -95% | |||
| 120 | $HAWK | HawkEye 360, Inc. | Technology | $303K | 0.0% | 15K | New | |||
| 121 | $SPTX | Seaport Therapeutics, Inc. | Healthcare | $217K | 0.0% | 10K | New |
What changed in Q2 2026
Against the previous quarter's 13F: 46 new, 29 added to, 37 trimmed, 50 sold out. Share-count changes; largest moves by dollar size first.
New positions (46)
$MAIRMadison Air Solutions Corp$161.9M
first bought this quarter
$PPLPPL Corp$142.6M
first bought this quarter
$MGEEMGE ENERGY INC$81.5M
first bought this quarter
$NHPNational Healthcare Properties, Inc.$44.4M
first bought this quarter
$DLRDIGITAL REALTY TRUST, INC.$42.7M
first bought this quarter
$MODMODINE MANUFACTURING CO$42.4M
first bought this quarter
+40 more in the Excel export
Added to (29)
$LNGCheniere Energy, Inc.+753%
now $112.1M · held 4 qtrs
$PCGPG&E Corp+54%
now $166.3M · held 10+ qtrs
$PCGCALLPG&E Corp+550%
now $54.7M
$JANJanus Living, Inc.+274%
now $61.8M · held 2 qtrs, 2 adds in a row
$GEVGE Vernova Inc.+487%
now $51.7M · held 2 qtrs, 2 adds in a row
$PHParker-Hannifin Corp+146%
now $60.2M · held 10+ qtrs
+23 more in the Excel export
Trimmed (37)
$ADCAGREE REALTY CORP-44%
now $139.6M · held 2 qtrs
$ETRENTERGY CORP /DE/-52%
now $51.7M · held 3 qtrs, 2 trims in a row
$DUKDuke Energy CORP-91%
now $4.7M · held 8 qtrs, 2 trims in a row
$ESEVERSOURCE ENERGY-19%
now $194.5M · held 10+ qtrs, 2 trims in a row
$SWXSouthwest Gas Holdings, Inc.-82%
now $9.6M · held 8 qtrs
$KMIKINDER MORGAN, INC.-22%
now $142.1M · held 7 qtrs
+31 more in the Excel export
Sold out (50)
$TXNMTXNM ENERGY INCwas $127.1M
held 4 qtrs
$WECWEC ENERGY GROUP, INC.was $96.5M
held 1 qtr
$TXNMTXNM ENERGY INCwas $89.6M
held 4 qtrs
$KTOSKRATOS DEFENSE & SECURITY SOLUTIONS, INC.was $55.2M
held 2 qtrs
$DDOMINION ENERGY, INCwas $30.9M
held 1 qtr
- NEXTERA ENERGY INCwas $30.7M
+44 more in the Excel export
Holdings by quarter
Every 13F Zimmer Partners, LP has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow Zimmer Partners?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Zimmer Partners's top 20 holdings: 60/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-7.4%
Value-weighted move of the 10 largest stock positions
Turnover
36%
Last quarter; 124% over the last 4
Top 10 weight
43%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
60%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Zimmer Partners, LP disclosed 121 positions worth $4.3B in its Form 13F-HR for Q2 2026 — $4.2B in common stock plus $114.1M of put/call option positions (reported at underlying notional value, not premium at risk), led by $WELL (WELLTOWER INC.) at 6.0% of the equity portfolio, followed by $NI and $ES. During the quarter the fund opened 46 new positions and exited 50 — including a new stake in $MAIR and a full exit from $TXNM. The portfolio is most concentrated in Utilities (32.9% of disclosed assets). All figures are sourced directly from Zimmer Partners, LP’s Form 13F-HR filing with the SEC under CIK 1565854.
Funds like this
managers whose biggest positions overlap Zimmer Partners'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: Zimmer Partners, LP
13F Pro is an AI hedge fund tracker and stock research platform. For Zimmer Partners, LP (SEC CIK: 1565854), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Zimmer Partners, LP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.