Blackstart Capital LP's Q1-Q2 2020 Holdings Comparison: Energy, Utility, and Financial Stocks Take Center Stage

Blackstart Capital LP, a well-known hedge fund that operates globally, releases its Q1 2020 vs. Q2 2020 13F Holdings Comparison report. The CSV file outlines the changes in holdings of the fund across various companies,-option types and the corresponding percentage change. This report helps to understand the buying and selling activities of the fund and the reasoning behind it.

The report indicates that Blackstart Capital LP has made significant changes in their holdings from Q1 2020 to Q2 2020. According to the data, the fund has acquired 396,056 shares of FirstEnergy Corp (FE), resulting in an increase of 215.6% of shares from Q1 2020. This increase also reflects in the quarter-over-quarter change in value, which has gone up from $4867 to $15359, a gain of 215.6%.

The investments made in NiSource Inc (NI) would appear to be a new position, with no shares held in Q1 2020 to 485,573 shares in Q2 2020. The fund has also made significant changes in its holdings across multiple utility companies. Blackstart Capital LP has increased its stake in CenterPoint Energy Inc (CNP) by 328.7% and PPL Corporation (PPL) by 126.5%.

However, the fund has also decreased its position in some companies. For instance, Blackstart Capital LP has liquidated its holdings in Duke Energy Corporation (DUK) and Pinnacle West Capital Corporation (PNW), which were all held in Q1 2020. This indicates a strategic shift in the fund’s investment philosophy with many investors following the "buy and hold" strategy, as opposed to "sell and lock-in profits" approach.

The fund’s investments in the energy sector are noteworthy. Blackstart Capital LP increased its stake in NextEra Energy Inc (NEE) by 341%, resulting in an increase in the shares held from 9992 in Q1 2020 to 44143 in Q2 2020. The investments have also yielded positive returns, with the value of its holdings in NEE increasing from $2404 in Q1 2020 to $10602 in Q2 2020.

Blackstart Capital LP has also acquired 462,605 shares of AES Corporation (AES), resulting in a 102.4% increase from Q1 2020. Similarly, the fund has invested in New Fortress Energy LLC (NFE) with an increase of 2.8% in the shares held from Q1 2020, indicating that the fund’s appetite for energy stocks has remained bullish even during the pandemic.

Finally, the report reveals that Blackstart Capital LP has invested in Barclay’s Bank Plc (VXX), acquiring 118,821 shares in Q2 2020, indicating confidence in the financial sector.

In conclusion, the Q1 2020 vs. Q2 2020 13F Holdings Comparison report by Blackstart Capital LP reveals that the fund has made significant changes in its investment portfolio. The holdings reflect a shift in investment focus with an emphasis on energy, utility and financial stocks. The changes in holdings reflect a bullish outlook for the sectors, with increased focus on high-growth potential stocks. Investors on the lookout for stocks in the energy, utility, and financial sectors may find value following Blackstart Capital LP’s investment strategy.