# HNP Capital LLC

> Institutional holdings reported to the SEC as of Q1 2023 on Form 13F. CIK 1767841. Source: https://holderbook.com/funds/1767841-hnp-capital-llc/

- Reported value: $359.0M
- Positions: 128
- Weight of the ten largest: 47.8%
- Filed: 2023-05-18

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 |
|---|---|---|---|---|---|
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $26.2M | 546,875 | 7.3% | 12 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $24.5M | 417,767 | 6.8% | 12 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $23.1M | 457,664 | 6.4% | 18 |
| INVESCO ACTIVELY MANAGED EXC | [VRIG](https://holderbook.com/stocks/VRIG/) | $22.1M | 895,984 | 6.2% | 12 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $19.9M | 428,257 | 5.6% | 18 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $16.7M | 115,735 | 4.7% | 11 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $15.7M | 377,577 | 4.4% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.6M | 58,504 | 2.7% | 18 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $7.4M | 109,448 | 2.1% | 13 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $6.2M | 208,909 | 1.7% | 15 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $5.7M | 119,054 | 1.6% | 12 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $5.4M | 14,343 | 1.5% | 18 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $5.1M | 68,519 | 1.4% | 14 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $4.9M | 8,473 | 1.4% | 18 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $4.8M | 148,778 | 1.3% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.3M | 15,087 | 1.2% | 18 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $4.3M | 51,584 | 1.2% | 11 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $4.2M | 96,832 | 1.2% | 12 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.9M | 29,813 | 1.1% | 18 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.8M | 34,820 | 1.1% | 18 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $3.7M | 17,016 | 1.0% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.2M | 19,706 | 0.9% | 18 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $3.2M | 14,439 | 0.9% | 12 |
| SPDR SERIES TRUST | [KBE](https://holderbook.com/stocks/KBE/) | $3.2M | 85,724 | 0.9% | 12 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $3.2M | 31,239 | 0.9% | 11 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $3.0M | 27,532 | 0.8% | 6 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $3.0M | 4,185 | 0.8% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.9M | 22,515 | 0.8% | 18 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $2.9M | 55,380 | 0.8% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.9M | 19,385 | 0.8% | 18 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $2.9M | 51,096 | 0.8% | 18 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $2.8M | 56,187 | 0.8% | 18 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $2.7M | 36,499 | 0.8% | 18 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $2.7M | 38,290 | 0.7% | 18 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.6M | 33,995 | 0.7% | 13 |
| BLACKROCK INCOME TR INC | [BKT](https://holderbook.com/stocks/BKT/) | $2.6M | 206,220 | 0.7% | 2 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $2.5M | 26,127 | 0.7% | 12 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.5M | 27,000 | 0.7% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.5M | 8,408 | 0.7% | 18 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $2.4M | 26,319 | 0.7% | 12 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $2.2M | 22,093 | 0.6% | 9 |
| RYDER SYS INC | [R](https://holderbook.com/stocks/R/) | $2.1M | 23,934 | 0.6% | 12 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $2.1M | 7,130 | 0.6% | 11 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.1M | 21,199 | 0.6% | 12 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $2.0M | 21,251 | 0.6% | 12 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $1.9M | 22,671 | 0.5% | 9 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.9M | 6,700 | 0.5% | 18 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.9M | 24,843 | 0.5% | 18 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $1.9M | 108,133 | 0.5% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.9M | 17,754 | 0.5% | 18 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $1.9M | 62,874 | 0.5% | 9 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $1.8M | 18,666 | 0.5% | 12 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $1.8M | 10,545 | 0.5% | 12 |
| CLEARWAY ENERGY INC | [CWEN](https://holderbook.com/stocks/CWEN/) | $1.7M | 55,832 | 0.5% | 9 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.7M | 22,240 | 0.5% | 12 |
| FMC CORP | [FMC](https://holderbook.com/stocks/FMC/) | $1.6M | 13,318 | 0.5% | 12 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $1.6M | 13,901 | 0.4% | 12 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.6M | 6,338 | 0.4% | 18 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.6M | 7,806 | 0.4% | 14 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $1.6M | 41,010 | 0.4% | 18 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $1.5M | 9,742 | 0.4% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.5M | 4,466 | 0.4% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.4M | 3,024 | 0.4% | 18 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $1.4M | 8,017 | 0.4% | 5 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $1.3M | 15,982 | 0.4% | 9 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $1.3M | 1,833 | 0.4% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.3M | 6,177 | 0.4% | 18 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.3M | 4,514 | 0.3% | 12 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.2M | 6,425 | 0.3% | 18 |
| LIVENT CORP | [LTHM](https://holderbook.com/stocks/LTHM/) | $1.1M | 51,003 | 0.3% | 3 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $1.1M | 28,757 | 0.3% | 9 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $1.0M | 20,269 | 0.3% | 4 |
| INVESCO EXCH TRADED FD TR II | [VRP](https://holderbook.com/stocks/VRP/) | $1.0M | 45,881 | 0.3% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.0M | 6,503 | 0.3% | 18 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $1.0M | 6,080 | 0.3% | 18 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $976.9K | 14,094 | 0.3% | 18 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $959.9K | 26,626 | 0.3% | 8 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $941.2K | 2,136 | 0.3% | 12 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $918.6K | 1,118 | 0.3% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $872.8K | 2,132 | 0.2% | 18 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $865.2K | 16,550 | 0.2% | 18 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $853.8K | 5,176 | 0.2% | 18 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $816.8K | 10,435 | 0.2% | 13 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $809.6K | 9,758 | 0.2% | 9 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $809.5K | 16,396 | 0.2% | 2 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $796.8K | 5,910 | 0.2% | 10 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $760.1K | 2,480 | 0.2% | 12 |
| ISHARES TR | [ITB](https://holderbook.com/stocks/ITB/) | $756.5K | 10,763 | 0.2% | 5 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $731.8K | 25,589 | 0.2% | 18 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $724.2K | 4,225 | 0.2% | 18 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $684.6K | 3,000 | 0.2% | 12 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $655.9K | 16,075 | 0.2% | 18 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $636.8K | 6,000 | 0.2% | 12 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $634.2K | 2,268 | 0.2% | 18 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $604.2K | 10,018 | 0.2% | 1 |
| PIEDMONT LITHIUM INC | [PLL](https://holderbook.com/stocks/PLL/) | $573.6K | 9,552 | 0.2% | 1 |
| AGCO CORP | [AGCO](https://holderbook.com/stocks/AGCO/) | $557.0K | 4,120 | 0.2% | 1 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $544.7K | 11,872 | 0.2% | 1 |
| GOODYEAR TIRE & RUBR CO | [GT](https://holderbook.com/stocks/GT/) | $525.5K | 47,686 | 0.1% | 7 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $520.7K | 7,183 | 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 |
|---|---|---|---|---|
| Q1 2023 | +1.6% | +7.0% | -5.4% | 100% |
| Q4 2022 | +5.2% | +7.1% | -1.8% | 99% |
| Q3 2022 | -3.1% | -5.3% | +2.2% | 100% |
| Q2 2022 | -9.5% | -16.5% | +7.0% | 100% |
| Q1 2022 | -3.3% | -4.9% | +1.6% | 100% |
| Q4 2021 | +5.4% | +10.7% | -5.2% | 100% |
| Q3 2021 | +0.5% | +0.3% | +0.2% | 100% |
| Q2 2021 | +5.4% | +8.0% | -2.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2023 | $359.0M | 128 |
| Q4 2022 | $357.7M | 131 |
| Q3 2022 | $346.7M | 134 |
| Q2 2022 | $363.5M | 143 |
| Q1 2022 | $421.6M | 153 |
| Q4 2021 | $442.0M | 167 |
| Q3 2021 | $399.1M | 155 |
| Q2 2021 | $378.4M | 149 |
| Q1 2021 | $337.3M | 142 |
| Q4 2020 | $305.5M | 136 |
| Q3 2020 | $273.0M | 128 |
| Q2 2020 | $241.4M | 120 |