# Zimmer Partners, LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1565854. Source: https://holderbook.com/funds/1565854-zimmer-partners-lp/

- Reported value: $4.3B
- Positions: 114
- Weight of the ten largest: 43.3%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $255.1M | 1,123,925 | 5.9% | 10 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $220.9M | 9,884,115 | 5.1% | 26 |
| NISOURCE INC | [NI](https://holderbook.com/stocks/NI/) | $203.4M | 4,277,259 | 4.7% | 15 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $194.5M | 2,691,701 | 4.5% | 11 |
| KODIAK GAS SVCS INC | [KGS](https://holderbook.com/stocks/KGS/) | $190.1M | 2,530,838 | 4.4% | 13 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $186.6M | 2,323,610 | 4.3% | 11 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $175.5M | 654,500 | 4.0% | 25 |
| MADISON AIR SOLUTIONS CORP | [MAIR](https://holderbook.com/stocks/MAIR/) | $161.9M | 4,150,810 | 3.7% | 1 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $151.7M | 3,922,800 | 3.5% | 1 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $142.1M | 4,445,100 | 3.3% | 7 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $139.6M | 1,843,300 | 3.2% | 2 |
| FORGENT POWER SOLUTIONS INC | [FPS](https://holderbook.com/stocks/FPS/) | $126.9M | 2,271,217 | 2.9% | 2 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $112.1M | 469,000 | 2.6% | 5 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $85.2M | 918,800 | 2.0% | 14 |
| MGE ENERGY INC | [MGEE](https://holderbook.com/stocks/MGEE/) | $81.5M | 1,000,000 | 1.9% | 1 |
| IDACORP INC | [IDA](https://holderbook.com/stocks/IDA/) | $81.0M | 460,562 | 1.9% | 4 |
| JANUS LIVING INC | [JAN](https://holderbook.com/stocks/JAN/) | $61.8M | 2,150,000 | 1.4% | 2 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $60.2M | 61,500 | 1.4% | 10 |
| CARETRUST REIT INC | [CTRE](https://holderbook.com/stocks/CTRE/) | $59.4M | 1,471,155 | 1.4% | 10 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $51.7M | 44,000 | 1.2% | 2 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $51.7M | 450,000 | 1.2% | 3 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $50.1M | 225,000 | 1.2% | 9 |
| CORE & MAIN INC | [CNM](https://holderbook.com/stocks/CNM/) | $49.9M | 933,357 | 1.1% | 4 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $48.4M | 15,150 | 1.1% | 10 |
| BKV CORP | [BKV](https://holderbook.com/stocks/BKV/) | $45.8M | 1,673,167 | 1.1% | 3 |
| NATIONAL HEALTHCARE PPTYS IN | - | $44.4M | 3,032,511 | 1.0% | 1 |
| YORK WTR CO | [YORW](https://holderbook.com/stocks/YORW/) | $43.5M | 1,419,877 | 1.0% | 18 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $42.7M | 237,500 | 1.0% | 1 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $42.4M | 158,830 | 1.0% | 1 |
| KINETIK HOLDINGS INC | [KNTK](https://holderbook.com/stocks/KNTK/) | $40.5M | 838,050 | 0.9% | 3 |
| AMERICAN HEALTHCARE REIT INC | [AHR](https://holderbook.com/stocks/AHR/) | $39.9M | 565,372 | 0.9% | 1 |
| HESS MIDSTREAM LP | [HESM](https://holderbook.com/stocks/HESM/) | $37.5M | 997,643 | 0.9% | 7 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $36.4M | 880,900 | 0.8% | 1 |
| MASTEC INC | [MTZ](https://holderbook.com/stocks/MTZ/) | $35.4M | 85,000 | 0.8% | 1 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $35.3M | 330,000 | 0.8% | 10 |
| LEGENCE CORP | [LGN](https://holderbook.com/stocks/LGN/) | $31.7M | 247,500 | 0.7% | 1 |
| H2O AMERICA | [HTO](https://holderbook.com/stocks/HTO/) | $31.2M | 513,500 | 0.7% | 6 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $29.2M | 700,000 | 0.7% | 2 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $28.7M | 375,000 | 0.7% | 2 |
| STANDARDAERO INC | [SARO](https://holderbook.com/stocks/SARO/) | $27.8M | 930,200 | 0.6% | 7 |
| EROCK INC | [EROC](https://holderbook.com/stocks/EROC/) | $27.4M | 1,891,745 | 0.6% | 1 |
| RYAN SPECIALTY HOLDINGS INC | [RYAN](https://holderbook.com/stocks/RYAN/) | $27.4M | 725,000 | 0.6% | 20 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $26.5M | 225,000 | 0.6% | 5 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $25.7M | 130,000 | 0.6% | 3 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $25.3M | 86,300 | 0.6% | 2 |
| FERVO ENERGY CO | [FRVO](https://holderbook.com/stocks/FRVO/) | $24.7M | 845,000 | 0.6% | 1 |
| USA RARE EARTH INC | [USAR](https://holderbook.com/stocks/USAR/) | $24.4M | 1,132,220 | 0.6% | 2 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $24.3M | 34,100 | 0.6% | 2 |
| BUILDERS FIRSTSOURCE INC | [BLDR](https://holderbook.com/stocks/BLDR/) | $23.5M | 262,500 | 0.5% | 5 |
| PINNACLE WEST CAP CORP | [PNW](https://holderbook.com/stocks/PNW/) | $23.3M | 217,555 | 0.5% | 6 |
| X-ENERGY INC | [XE](https://holderbook.com/stocks/XE/) | $22.9M | 1,244,674 | 0.5% | 1 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $22.8M | 27,500 | 0.5% | 3 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $20.9M | 250,000 | 0.5% | 2 |
| JAMES RIV GROUP HOLDINGS INC | [JRVR](https://holderbook.com/stocks/JRVR/) | $20.3M | 4,623,685 | 0.5% | 3 |
| TERAWULF INC | [WULF](https://holderbook.com/stocks/WULF/) | $19.5M | 789,000 | 0.4% | 2 |
| RBC BEARINGS INC | [RBC](https://holderbook.com/stocks/RBC/) | $19.3M | 30,000 | 0.4% | 1 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $16.9M | 50,700 | 0.4% | 10 |
| LOAR HOLDINGS INC | [LOAR](https://holderbook.com/stocks/LOAR/) | $16.1M | 200,000 | 0.4% | 5 |
| PRIMORIS SVCS CORP | [PRIM](https://holderbook.com/stocks/PRIM/) | $15.8M | 159,500 | 0.4% | 1 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $15.1M | 45,000 | 0.3% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $14.9M | 35,000 | 0.3% | 1 |
| VENTURE GLOBAL INC | [VG](https://holderbook.com/stocks/VG/) | $14.6M | 1,315,000 | 0.3% | 1 |
| BLACK HILLS CORP | [BKH](https://holderbook.com/stocks/BKH/) | $14.4M | 193,534 | 0.3% | 8 |
| SMARTSTOP SELF STORAG REIT I | [SMA](https://holderbook.com/stocks/SMA/) | $14.2M | 437,500 | 0.3% | 5 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $14.1M | 400,000 | 0.3% | 4 |
| PRIMO BRANDS CORPORATION | [PRMB](https://holderbook.com/stocks/PRMB/) | $14.1M | 575,000 | 0.3% | 6 |
| HUT 8 CORP | [HUT](https://holderbook.com/stocks/HUT/) | $14.0M | 121,400 | 0.3% | 4 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $13.1M | 35,000 | 0.3% | 8 |
| GULFPORT ENERGY CORP | [GPOR](https://holderbook.com/stocks/GPOR/) | $12.9M | 76,000 | 0.3% | 1 |
| VIPER ENERGY INC | [VNOM](https://holderbook.com/stocks/VNOM/) | $12.7M | 300,000 | 0.3% | 4 |
| DPC HOLDINGS PLC | [DPC](https://holderbook.com/stocks/DPC/) | $12.3M | 250,000 | 0.3% | 1 |
| ARXIS INC | [ARXS](https://holderbook.com/stocks/ARXS/) | $11.5M | 250,000 | 0.3% | 1 |
| CRANE COMPANY | [CR](https://holderbook.com/stocks/CR/) | $11.2M | 50,000 | 0.3% | 2 |
| MIDDLESEX WTR CO | [MSEX](https://holderbook.com/stocks/MSEX/) | $9.9M | 176,903 | 0.2% | 6 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $9.6M | 109,690 | 0.2% | 1 |
| SOUTHWEST GAS HLDGS INC | [SWX](https://holderbook.com/stocks/SWX/) | $9.6M | 108,159 | 0.2% | 8 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $9.5M | 37,500 | 0.2% | 8 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $9.4M | 150,000 | 0.2% | 2 |
| QXO INC | [QXO](https://holderbook.com/stocks/QXO/) | $9.2M | 529,980 | 0.2% | 5 |
| KAYNE ANDERSON ENERGY INFRST | [KYN](https://holderbook.com/stocks/KYN/) | $9.0M | 652,500 | 0.2% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $8.0M | 21,500 | 0.2% | 18 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $7.9M | 5,955 | 0.2% | 10 |
| VIRTUS INVT PARTNERS INC | [VRTS](https://holderbook.com/stocks/VRTS/) | $7.3M | 50,708 | 0.2% | 3 |
| STEWART INFORMATION SVCS COR | [STC](https://holderbook.com/stocks/STC/) | $7.2M | 109,600 | 0.2% | 3 |
| NETSTREIT CORP | [NTST](https://holderbook.com/stocks/NTST/) | $6.7M | 315,500 | 0.2% | 4 |
| FOX CORP | [FOXA](https://holderbook.com/stocks/FOXA/) | $6.4M | 122,500 | 0.1% | 1 |
| ELEDON PHARMACEUTICALS INC | [ELDN](https://holderbook.com/stocks/ELDN/) | $6.3M | 1,596,599 | 0.1% | 9 |
| APARTMENT INVT & MGMT CO | [AIV](https://holderbook.com/stocks/AIV/) | $6.0M | 2,027,500 | 0.1% | 2 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $6.0M | 35,000 | 0.1% | 1 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $5.8M | 87,500 | 0.1% | 1 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $5.2M | 36,000 | 0.1% | 1 |
| QUANTINUUM INC | [QNT](https://holderbook.com/stocks/QNT/) | $4.7M | 58,000 | 0.1% | 1 |
| FOUR CORNERS PPTY TR INC | [FCPT](https://holderbook.com/stocks/FCPT/) | $4.5M | 185,092 | 0.1% | 7 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $4.3M | 0 | 0.1% | 1 |
| BROOKDALE SR LIVING INC | [BKD](https://holderbook.com/stocks/BKD/) | $4.0M | 0 | 0.1% | 1 |
| CARDINAL INFRASTRUCTURE GROU | [CDNL](https://holderbook.com/stocks/CDNL/) | $3.8M | 40,000 | 0.1% | 1 |
| CHIRON REAL ESTATE INC | [XRN](https://holderbook.com/stocks/XRN/) | $3.3M | 87,500 | 0.1% | 1 |
| CUBESMART | [CUBE](https://holderbook.com/stocks/CUBE/) | $2.7M | 67,500 | 0.1% | 6 |
| HEALTHPEAK PROPERTIES INC | [DOC](https://holderbook.com/stocks/DOC/) | $2.7M | 125,000 | 0.1% | 2 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $2.6M | 22,500 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +7.3% | +14.8% | -7.5% | 96% |
| Q1 2026 | +10.6% | -4.6% | +15.2% | 97% |
| Q4 2025 | +0.6% | +2.4% | -1.8% | 87% |
| Q3 2025 | +6.3% | +7.8% | -1.5% | 93% |
| Q2 2025 | -0.8% | +10.5% | -11.3% | 94% |
| Q1 2025 | +4.4% | -4.6% | +8.9% | 99% |
| Q4 2024 | +0.1% | +2.1% | -2.1% | 97% |
| Q3 2024 | +14.2% | +5.4% | +8.7% | 97% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $4.3B | 114 |
| Q1 2026 | $4.1B | 121 |
| Q4 2025 | $3.8B | 119 |
| Q3 2025 | $4.6B | 139 |
| Q2 2025 | $4.6B | 148 |
| Q1 2025 | $5.3B | 153 |
| Q4 2024 | $5.8B | 146 |
| Q3 2024 | $5.5B | 145 |
| Q2 2024 | $5.4B | 150 |
| Q1 2024 | $4.7B | 130 |
| Q4 2023 | $2.7B | 101 |
| Q3 2023 | $3.9B | 120 |