Capital Innovations LLC
Sector Allocation
- Utilities39.8%$153.3M
- Energy35.0%$135.0M
- Industrials9.6%$37.0M
- Real Estate9.4%$36.1M
- Other2.6%$9.9M
- Financials1.9%$7.3M
- Technology1.7%$6.4M
- Communication Services0.0%$33,000
AUM History
13fpro.ai/research/fund/capital-innovations-llc-1596076
Largest positions — Q2 2026
WMB
$30.5MSLB
$24.7MNEE
$21.1MVST
$19.8MCP
$16.1MCEG
$15.9MDLR
$15.3MEQT
$13.8MLNG
$13.3MNRG
$13.3MUNP
$12.9MTRP
$11.8MSBAC
$11.3MSO
$11.1MSRE
$10.8MHAL
$10.8MENB
$10.0MAMT
$9.6MDTM
$8.0MHASI
$7.3M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/capital-innovations-llc-1596076
Capital Innovations LLC 13F holdings — Q2 2026
$385.2M portfolio · 51 holdings · Q2 2026 13F · top 10 are 48% of the stock portfolio
$30.5M
7.9% of stocks
NewThis quarter-0.8%Since filedNew this quarterHeld$24.7M
6.4% of stocks
NewThis quarter-1.1%Since filedNew this quarterHeld$21.1M
5.5% of stocks
NewThis quarter-4.3%Since filedNew this quarterHeld$19.8M
5.1% of stocks
NewThis quarter-2.2%Since filedNew this quarterHeld$16.1M
4.2% of stocks
NewThis quarter-2.3%Since filedNew this quarterHeld$15.9M
4.1% of stocks
NewThis quarter-9.3%Since filedNew this quarterHeld$15.3M
4.0% of stocks
NewThis quarter-8.5%Since filedNew this quarterHeld$13.8M
3.6% of stocks
NewThis quarter+0.9%Since filedNew this quarterHeld$13.3M
3.5% of stocks
NewThis quarter+13.3%Since filedNew this quarterHeld$13.3M
3.4% of stocks
NewThis quarter-21.9%Since filedNew this quarterHeld
All holdings — Capital Innovations LLC (Q2 2026)
51 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 | UNION PACIFIC CORP | Industrials | $12.9M | 3.3% | 47K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | TC ENERGY CORP | Energy | $11.8M | 3.0% | 177K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | SBA COMMUNICATIONS CORP | Real Estate | $11.3M | 2.9% | 64K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | SOUTHERN CO | Utilities | $11.1M | 2.9% | 116K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | SEMPRA | Utilities | $10.8M | 2.8% | 117K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | HALLIBURTON CO | Energy | $10.8M | 2.8% | 318K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | ENBRIDGE INC | Energy | $10.0M | 2.6% | 185K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | AMERICAN TOWER CORP /MA/ | Real Estate | $9.6M | 2.5% | 59K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | DT Midstream, Inc. | Energy | $8.0M | 2.1% | 54K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | HA Sustainable Infrastructure Capital, Inc. | Financials | $7.3M | 1.9% | 188K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | WASTE MANAGEMENT INC | Utilities | $7.0M | 1.8% | 31K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | NATIONAL GRID PLCadr | Energy | $7.0M | 1.8% | 84K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | ENTERGY CORP /DE/ | Utilities | $6.4M | 1.7% | 56K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | EDISON INTERNATIONAL | Utilities | $6.4M | 1.6% | 85K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | — | RWE AKTIENGESELLSCHAFT - SPONSORED ADRadr | — | $6.3M | 1.6% | 98K | New | — | — | 13F |
| 26 | $BMI | BADGER METER INC | Technology | $5.8M | 1.5% | 39K | New | |||
| 27 | $AWK | American Water Works Company, Inc. | Utilities | $4.7M | 1.2% | 36K | New | |||
| 28 | $D | DOMINION ENERGY, INC | Utilities | $4.2M | 1.1% | 62K | New | |||
| 29 | $XYL | Xylem Inc. | Industrials | $4.1M | 1.1% | 35K | New | |||
| 30 | $XEL | XCEL ENERGY INC | Utilities | $4.0M | 1.0% | 50K | — | |||
| 31 | $WCN | Waste Connections, Inc. | Utilities | $4.0M | 1.0% | 24K | New | |||
| 32 | $GFL | GFL Environmental Inc. | Utilities | $3.9M | 1.0% | 107K | New | |||
| 33 | $AEP | AMERICAN ELECTRIC POWER CO INC | Utilities | $3.6M | 0.9% | 27K | New | |||
| 34 | $EXC | EXELON CORP | Utilities | $3.6M | 0.9% | 77K | New | |||
| 35 | — | IBERDROLA SA - SPONSORED ADR | — | $3.0M | 0.8% | 30K | New | |||
| 36 | $PAC | Pacific Airport Group | Industrials | $3.0M | 0.8% | 9,701 | New | |||
| 37 | $DUK | Duke Energy CORP | Utilities | $2.9M | 0.8% | 23K | New | |||
| 38 | $OKE | ONEOK INC /NEW/ | Energy | $2.5M | 0.6% | 29K | New | |||
| 39 | $PEG | PUBLIC SERVICE ENTERPRISE GROUP INC | Utilities | $2.2M | 0.6% | 28K | New | |||
| 40 | $UGP | ULTRAPAR HOLDINGS INC | Energy | $2.0M | 0.5% | 405K | New | |||
| 41 | $FE | FIRSTENERGY CORP | Utilities | $2.0M | 0.5% | 42K | New | |||
| 42 | $CMS | CMS ENERGY CORP | Utilities | $1.8M | 0.5% | 24K | New | |||
| 43 | $WTRG | Essential Utilities, Inc. | Utilities | $1.4M | 0.4% | 37K | New | |||
| 44 | $TAC | TRANSALTA CORP | Utilities | $1.4M | 0.4% | 100K | New | |||
| 45 | $DTB | DTE ENERGY CO | Utilities | $1.2M | 0.3% | 7,858 | New | |||
| 46 | $OMAB | Central North Airport Group | Industrials | $1.1M | 0.3% | 9,365 | New | |||
| 47 | $ATO | ATMOS ENERGY CORP | Energy | $685K | 0.2% | 3,975 | — | |||
| 48 | — | ENEL SOCIETA PER AZIONI - ADR | — | $569K | 0.1% | 50K | New | |||
| 49 | $NI | NISOURCE INC. | Utilities | $562K | 0.1% | 12K | New | |||
| 50 | $ENPH | Enphase Energy, Inc. | Technology | $547K | 0.1% | 11K | New | |||
| 51 | $TMUS | T-Mobile US, Inc. | Communication Services | $33K | 0.0% | 194 | New |
What changed in Q2 2026
Against the previous quarter's 13F: 49 new, 0 added to, 0 trimmed, 51 sold out. Share-count changes; largest moves by dollar size first.
New positions (49)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
+43 more in the Excel export
Added to (0)
No positions added to this quarter.
Trimmed (0)
No positions trimmed this quarter.
Sold out (51)
- Williams Ord Shswas $30K
- SLB Ord Shswas $27K
- NextEra Energy Ord Shswas $22K
- Vistra Ord Shswas $19K
- Constellation Energy Ord Shswas $18K
- EQT Ord Shswas $17K
+45 more in the Excel export
Holdings by quarter
Every 13F Capital Innovations LLC has filed, 29 earlier quarters. Pick one to see what it held then.
Is it too late to follow Capital Innovations?
Q2 2026 13F filed with the SEC on Aug 11, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Capital Innovations's top 20 holdings: 64/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-3.3%
Value-weighted move of the 10 largest stock positions
Turnover
—
Last quarter
Top 10 weight
48%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
0%
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 2020 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
Capital Innovations LLC disclosed 51 positions worth $385.2M in its Form 13F-HR for Q2 2026, led by $WMB (WILLIAMS COMPANIES, INC.) at 7.9% of the equity portfolio, followed by $SLB and $NEE. During the quarter the fund opened 49 new positions and exited 51 — including a new stake in $WMB. The portfolio is most concentrated in Utilities (39.8% of disclosed assets). All figures are sourced directly from Capital Innovations LLC’s Form 13F-HR filing with the SEC under CIK 1596076.
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AI-Powered Hedge Fund Analysis: Capital Innovations LLC
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Every holding in Capital Innovations LLC'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.