# Sante Capital Fund, LP

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1688829. Source: https://holderbook.com/funds/1688829-sante-capital-fund-lp/

- Reported value: $48.9M
- Positions: 67
- Weight of the ten largest: 29.9%
- Filed: 2022-11-14

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 |
|---|---|---|---|---|---|
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.4M | 10,440 | 4.8% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.2M | 13,319 | 4.5% | 1 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $1.5M | 6,332 | 3.0% | 1 |
| HORMEL FOODS CORP | [HRL](https://holderbook.com/stocks/HRL/) | $1.4M | 30,759 | 2.9% | 1 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $1.4M | 17,879 | 2.8% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.4M | 10,153 | 2.8% | 1 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $1.2M | 5,357 | 2.4% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.1M | 26,229 | 2.3% | 1 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.1M | 27,294 | 2.3% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 4,001 | 2.2% | 1 |
| BROWN FORMAN CORP | [BFB](https://holderbook.com/stocks/BFB/) | $1.0M | 15,482 | 2.1% | 1 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $1.0M | 14,217 | 2.1% | 1 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $984.0K | 22,488 | 2.0% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $954.0K | 11,492 | 2.0% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $927.0K | 7,148 | 1.9% | 1 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $927.0K | 14,407 | 1.9% | 1 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $924.0K | 13,371 | 1.9% | 1 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $893.0K | 7,762 | 1.8% | 3 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $882.0K | 13,378 | 1.8% | 1 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $861.0K | 12,175 | 1.8% | 1 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $812.0K | 21,386 | 1.7% | 1 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $804.0K | 12,556 | 1.6% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $795.0K | 9,708 | 1.6% | 1 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $737.0K | 8,588 | 1.5% | 1 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $737.0K | 10,843 | 1.5% | 1 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $713.0K | 25,313 | 1.5% | 2 |
| CMS ENERGY CORP | [CMS](https://holderbook.com/stocks/CMS/) | $711.0K | 12,208 | 1.5% | 1 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $706.0K | 12,869 | 1.4% | 2 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $691.0K | 8,868 | 1.4% | 3 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $685.0K | 15,602 | 1.4% | 1 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $674.0K | 10,034 | 1.4% | 1 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $670.0K | 7,754 | 1.4% | 1 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $658.0K | 11,709 | 1.3% | 3 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $643.0K | 6,392 | 1.3% | 3 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $641.0K | 41,790 | 1.3% | 1 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $617.0K | 4,164 | 1.3% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $590.0K | 7,525 | 1.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $587.0K | 3,305 | 1.2% | 1 |
| AVALONBAY CMNTYS INC | [AVB](https://holderbook.com/stocks/AVB/) | $578.0K | 3,137 | 1.2% | 1 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $570.0K | 15,213 | 1.2% | 2 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $556.0K | 7,381 | 1.1% | 1 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $552.0K | 16,336 | 1.1% | 1 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $552.0K | 1,886 | 1.1% | 3 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $548.0K | 3,789 | 1.1% | 1 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $522.0K | 8,962 | 1.1% | 1 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $514.0K | 13,884 | 1.1% | 1 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $506.0K | 3,891 | 1.0% | 3 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $503.0K | 5,628 | 1.0% | 1 |
| GARTNER INC | [IT](https://holderbook.com/stocks/IT/) | $500.0K | 1,807 | 1.0% | 1 |
| ALEXANDRIA REAL ESTATE EQ IN | [ARE](https://holderbook.com/stocks/ARE/) | $447.0K | 3,188 | 0.9% | 1 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $442.0K | 4,751 | 0.9% | 1 |
| VMWARE INC | [VMW](https://holderbook.com/stocks/VMW/) | $439.0K | 4,119 | 0.9% | 2 |
| DUKE REALTY CORP | [DRE](https://holderbook.com/stocks/DRE/) | $428.0K | 8,883 | 0.9% | 1 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $426.0K | 1,985 | 0.9% | 1 |
| AMEREN CORP | [AEE](https://holderbook.com/stocks/AEE/) | $414.0K | 5,144 | 0.8% | 1 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $409.0K | 2,370 | 0.8% | 1 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $401.0K | 1,410 | 0.8% | 1 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $381.0K | 15,031 | 0.8% | 1 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $372.0K | 2,173 | 0.8% | 1 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $360.0K | 2,404 | 0.7% | 1 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $349.0K | 1,616 | 0.7% | 1 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $331.0K | 5,854 | 0.7% | 3 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $312.0K | 1,394 | 0.6% | 1 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $280.0K | 4,145 | 0.6% | 1 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $264.0K | 3,176 | 0.5% | 1 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $239.0K | 2,410 | 0.5% | 1 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $200.0K | 1,969 | 0.4% | 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 |
|---|---|---|---|---|
| Q3 2022 | -11.0% | -5.3% | -5.7% | 99% |
| Q2 2022 | -8.5% | -16.5% | +8.0% | 100% |
| Q4 2021 | -2.4% | +10.7% | -13.1% | 100% |
| Q3 2021 | -1.2% | +0.3% | -1.5% | 111% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $48.9M | 67 |
| Q2 2022 | $27.5M | 27 |
| Q1 2022 | $89.7M | 72 |
| Q3 2021 | $108.3M | 33 |
| Q2 2021 | $242.3M | 110 |