Q3 2025 · 13F-HR
Zimmer Partners, LPholdings as filed
Filed 2025-11-14 · accession 0001565854-25-000005
$4.63B
Reported value
148
Positions
2025-09-30
Period end
The Brief · Zimmer Partners, LP · Q3 2025
AI · grounded in 13F
Zimmer Partners, LP established a new position in PCG valued at $416.2M. The fund also initiated new stakes in ES for $302.5M and NI for $298.2M. Additional new positions include TRGP at $222.3M and XEL at $197.7M. Total assets under management stand at $4.6B across 139 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 69331C108 | PCG | PG&E CORP | $296.9M | 6.41% | 10,500,000 | CALL | SOLE |
| 30040W108 | ES | EVERSOURCE ENERGY | $266.9M | 5.76% | 3,752,300 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $254.9M | 5.50% | 5,886,983 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $222.3M | 4.80% | 1,326,850 | Common | SOLE |
| 98389B100 | XEL | XCEL ENERGY INC | $197.7M | 4.27% | 2,451,000 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC | $197.1M | 4.26% | 1,106,245 | Common | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $191.6M | 4.14% | 3,389,018 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $171.8M | 3.71% | 6,070,100 | Common | SOLE |
| 69349HAF4 | TXNM 5.75 06/01/54 | TXNM ENERGY INC | $124.3M | 2.68% | 95,022,000 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $119.3M | 2.58% | 7,911,027 | Common | SOLE |
| 50012A108 | KGS | KODIAK GAS SVCS INC | $108.4M | 2.34% | 2,931,704 | Common | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $105.4M | 2.28% | 2,715,300 | Common | SOLE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $100.9M | 2.18% | 897,134 | Common | SOLE |
| 023608102 | AEE | AMEREN CORP | $78.2M | 1.69% | 749,345 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $77.0M | 1.66% | 855,800 | Common | SOLE |
| 451107106 | IDA | IDACORP INC | $71.0M | 1.53% | 537,500 | Common | SOLE |
| 00090Q103 | ADT | ADT INC DEL | $70.4M | 1.52% | 8,077,811 | Common | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $70.3M | 1.52% | 1,840,000 | Common | SOLE |
| 092113109 | BKH | BLACK HILLS CORP | $67.8M | 1.46% | 1,100,020 | Common | SOLE |
| 50155Q100 | KD | KYNDRYL HLDGS INC | $66.9M | 1.44% | 2,227,904 | Common | SOLE |
| 844895102 | SWX | SOUTHWEST GAS HLDGS INC | $60.5M | 1.31% | 772,815 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $58.0M | 1.25% | 154,900 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $56.5M | 1.22% | 456,529 | Common | SOLE |
| 14174T107 | CTRE | CARETRUST REIT INC | $55.1M | 1.19% | 1,588,130 | Common | SOLE |
| 741623102 | PRMB | PRIMO BRANDS CORPORATION | $53.9M | 1.16% | 2,439,062 | Common | SOLE |
| 125896100 | CMS | CMS ENERGY CORP | $50.9M | 1.10% | 694,400 | Common | SOLE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $50.1M | 1.08% | 38,000 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $43.3M | 0.94% | 1,000,000 | CALL | SOLE |
| 832248207 | SFD | SMITHFIELD FOODS INC | $43.1M | 0.93% | 1,836,714 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $40.6M | 0.88% | 538,002 | Common | SOLE |
| 51817R205 | LTM | LATAM AIRLINES GROUP SA | $37.3M | 0.81% | 825,000 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $36.9M | 0.80% | 48,300 | Common | SOLE |
| 30040W108 | ES | EVERSOURCE ENERGY | $35.6M | 0.77% | 500,000 | PUT | SOLE |
| 147448104 | CWST | CASELLA WASTE SYS INC | $35.1M | 0.76% | 370,000 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $34.7M | 0.75% | 645,000 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $34.5M | 0.75% | 1,810,000 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $32.2M | 0.69% | 7,500 | Common | SOLE |
| 83192D402 | SMA | SMARTSTOP SELF STORAG REIT I | $32.1M | 0.69% | 852,665 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $30.3M | 0.65% | 9,699,252 | Common | SOLE |
| 219948106 | CPAY | CORPAY INC | $29.0M | 0.63% | 100,700 | Common | SOLE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $28.6M | 0.62% | 250,000 | PUT | SOLE |
| 85423L103 | SARO | STANDARDAERO INC | $27.3M | 0.59% | 1,000,000 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $26.5M | 0.57% | 35,000 | Common | SOLE |
| G5005R107 | JRVR | JAMES RIV GROUP LTD | $25.5M | 0.55% | 4,591,638 | Common | SOLE |
| 866683105 | SNCY | SUN CTRY AIRLS HLDGS INC | $24.8M | 0.53% | 2,095,900 | Common | SOLE |
| 987184108 | YORW | YORK WTR CO | $23.0M | 0.50% | 757,623 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $22.2M | 0.48% | 1,369,800 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $22.1M | 0.48% | 100,000 | Common | SOLE |
| 30034W106 | EVRG | EVERGY INC | $21.9M | 0.47% | 287,500 | PUT | SOLE |
| 428103105 | HESM | HESS MIDSTREAM LP | $21.0M | 0.45% | 607,500 | Common | SOLE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $20.5M | 0.44% | 75,000 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $20.3M | 0.44% | 360,000 | Common | SOLE |
| 83444M101 | SOLV | SOLVENTUM CORP | $20.1M | 0.43% | 275,000 | Common | SOLE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GRP IN | $18.8M | 0.41% | 225,000 | PUT | SOLE |
| 52476L109 | LGN | LEGENCE CORP | $18.5M | 0.40% | 600,000 | Common | SOLE |
| 428103105 | HESM | HESS MIDSTREAM LP | $17.3M | 0.37% | 500,000 | CALL | SOLE |
| B9151N105 | TTAM | TITAN AMER SA | $17.3M | 0.37% | 1,156,229 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $17.3M | 0.37% | 400,000 | PUT | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $16.6M | 0.36% | 40,000 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $16.5M | 0.36% | 55,000 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $15.8M | 0.34% | 325,000 | Common | SOLE |
| 35922N100 | FVR | FRONTVIEW REIT INC | $15.3M | 0.33% | 1,118,408 | Common | SOLE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $15.1M | 0.33% | 200,000 | CALL | SOLE |
| 155923105 | CTRI | CENTURI HOLDINGS INC | $15.1M | 0.33% | 711,500 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $14.6M | 0.31% | 60,000 | Common | SOLE |
| 940923105 | WBI | WATERBRIDGE INFRASTRUCTURE L | $14.1M | 0.30% | 557,165 | Common | SOLE |
| 723484101 | PNW | PINNACLE WEST CAP CORP | $13.3M | 0.29% | 148,632 | Common | SOLE |
| 78473E103 | SPXC | SPX TECHNOLOGIES INC | $13.1M | 0.28% | 70,000 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $12.7M | 0.27% | 54,900 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $12.4M | 0.27% | 100,000 | CALL | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $11.7M | 0.25% | 125,000 | Common | SOLE |
| G63755105 | NIQ | NIQ GLOBAL INTELLIGENCE PLC | $11.0M | 0.24% | 700,000 | Common | SOLE |
| G6700G107 | NVT | NVENT ELECTRIC PLC | $10.9M | 0.23% | 110,000 | Common | SOLE |
| 53947R105 | LOAR | LOAR HOLDINGS INC | $10.4M | 0.22% | 130,000 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $10.4M | 0.22% | 20,000 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $10.1M | 0.22% | 170,000 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $10.1M | 0.22% | 137,900 | Common | SOLE |
| 31816X106 | FLY | FIREFLY AEROSPACE INC | $9.8M | 0.21% | 335,000 | Common | SOLE |
| 10806X102 | BBIO | BRIDGEBIO PHARMA INC | $9.6M | 0.21% | 184,400 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $9.5M | 0.21% | 12,500 | CALL | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $9.1M | 0.20% | 270,000 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $8.9M | 0.19% | 73,000 | Common | SOLE |
| 165303108 | CPK | CHESAPEAKE UTILS CORP | $8.6M | 0.19% | 64,192 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $8.4M | 0.18% | 100,000 | PUT | SOLE |
| 596680108 | MSEX | MIDDLESEX WTR CO | $8.4M | 0.18% | 154,557 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $8.3M | 0.18% | 108,200 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $8.2M | 0.18% | 182,000 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $7.9M | 0.17% | 175,000 | CALL | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $7.5M | 0.16% | 50,000 | Common | SOLE |
| 95082P105 | WCC | WESCO INTL INC | $7.4M | 0.16% | 35,000 | Common | SOLE |
| G16910120 | BLSH | BULLISH | $7.0M | 0.15% | 110,000 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $6.9M | 0.15% | 90,000 | Common | SOLE |
| 784305104 | HTO | H2O AMERICA | $6.1M | 0.13% | 124,316 | Common | SOLE |
| 04041L106 | ARISUSD | ARIS WATER SOLUTIONS INC | $6.0M | 0.13% | 242,482 | Common | SOLE |
| 254604101 | IRON | DISC MEDICINE INC | $6.0M | 0.13% | 90,163 | Common | SOLE |
| 87164F105 | SNDX | SYNDAX PHARMACEUTICALS INC | $5.9M | 0.13% | 383,100 | Common | SOLE |
| 10240L102 | BOW | BOWHEAD SPECIALTY HLDGS INC | $5.8M | 0.13% | 215,000 | Common | SOLE |
| 546347105 | LPX | LOUISIANA PAC CORP | $5.8M | 0.12% | 65,000 | Common | SOLE |
| 64119V303 | NTST | NETSTREIT CORP | $5.3M | 0.11% | 294,780 | Common | SOLE |
| G4253H101 | JHX | JAMES HARDIE INDS PLC | $5.3M | 0.11% | 275,000 | Common | SOLE |
| 00650F109 | ADPT | ADAPTIVE BIOTECHNOLOGIES COR | $4.9M | 0.11% | 330,834 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $4.8M | 0.10% | 40,000 | Common | SOLE |
| 28617K101 | ELDN | ELEDON PHARMACEUTICALS INC | $4.7M | 0.10% | 1,825,000 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $4.7M | 0.10% | 200,000 | Common | SOLE |
| 015857105 | AQN | ALGONQUIN PWR UTILS CORP | $4.3M | 0.09% | 800,000 | Common | SOLE |
| 35086T109 | FCPT | FOUR CORNERS PPTY TR INC | $4.3M | 0.09% | 175,092 | Common | SOLE |
| 45337C102 | INCY | INCYTE CORP | $4.2M | 0.09% | 50,000 | Common | SOLE |
| 69380Q107 | PACS | PACS GROUP INC | $4.2M | 0.09% | 302,500 | Common | SOLE |
| M4757U106 | GAUZ | GAUZY LTD | $4.1M | 0.09% | 645,608 | Common | SOLE |
| 603170101 | MLYS | MINERALYS THERAPEUTICS INC | $3.8M | 0.08% | 100,000 | Common | SOLE |
| 89147L886 | TYG | TORTOISE ENERGY INFRA CORP | $3.5M | 0.08% | 81,418 | Common | SOLE |
| 372460105 | GPC | GENUINE PARTS CO | $3.5M | 0.07% | 25,000 | Common | SOLE |
| 646025106 | NJR | NEW JERSEY RES CORP | $3.4M | 0.07% | 70,430 | Common | SOLE |
| 16679L109 | CHWY | CHEWY INC | $3.2M | 0.07% | 79,654 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $3.2M | 0.07% | 50,000 | PUT | SOLE |
| 486606106 | KYN | KAYNE ANDERSON ENERGY INFRST | $3.1M | 0.07% | 250,000 | Common | SOLE |
| 04351P101 | ASNDUSD | ASCENDIS PHARMA A/S | $3.1M | 0.07% | 15,500 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $2.9M | 0.06% | 12,500 | Common | SOLE |
| 23282W605 | CYTK | CYTOKINETICS INC | $2.7M | 0.06% | 50,000 | Common | SOLE |
| 126408103 | CSX | CSX CORP | $2.7M | 0.06% | 75,000 | Common | SOLE |
| 349381103 | FIGR | FIGURE TECHNOLOGY SOLUTIO | $2.5M | 0.05% | 70,000 | Common | SOLE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $2.3M | 0.05% | 11,663 | Common | SOLE |
| 831349105 | SLDE | SLIDE INS HLDGS INC | $2.2M | 0.05% | 137,485 | Common | SOLE |
| 92333F101 | VG | VENTURE GLOBAL INC | $2.1M | 0.05% | 150,000 | PUT | SOLE |
| 30052C107 | EOLS | EVOLUS INC | $2.0M | 0.04% | 330,000 | Common | SOLE |
| G5279N105 | KLAR | KLARNA GROUP PLC | $1.8M | 0.04% | 50,000 | Common | SOLE |
| 68347P103 | OPAL | OPAL FUELS INC | $1.8M | 0.04% | 823,055 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $1.7M | 0.04% | 20,000 | Common | SOLE |
| 834203309 | SLNO | SOLENO THERAPEUTICS INC | $1.7M | 0.04% | 24,600 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $1.7M | 0.04% | 47,500 | Common | SOLE |
| 94987E109 | ERH | ALLSPRING UTILITIES AND HIGH | $1.6M | 0.03% | 128,803 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $1.6M | 0.03% | 2,004 | Common | SOLE |
| 229663109 | CUBE | CUBESMART | $1.5M | 0.03% | 37,934 | Common | SOLE |
| 828806109 | SPG | SIMON PPTY GROUP INC NEW | $1.4M | 0.03% | 7,503 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $814,094 | 0.02% | 1,650 | Common | SOLE |
| 74340W103 | PLD | PROLOGIS INC. | $809,656 | 0.02% | 7,070 | Common | SOLE |
| 64119N608 | NTSK | NETSKOPE INC | $795,550 | 0.02% | 35,000 | Common | SOLE |
| 42238D107 | HTFL | HEARTFLOW INC | $673,200 | 0.01% | 20,000 | Common | SOLE |
| 14280C105 | CARL | CARLSMED INC | $669,500 | 0.01% | 50,000 | Common | SOLE |
| 59356Q108 | MIAX | MIAMI INTL HLDGS INC | $603,900 | 0.01% | 15,000 | Common | SOLE |
| 36866J105 | GEMI | GEMINI SPACE STA INC | $599,000 | 0.01% | 25,000 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $414,912 | 0.01% | 2,400 | Common | SOLE |
| 008492100 | ADC | AGREE RLTY CORP | $384,753 | 0.01% | 5,416 | Common | SOLE |
| 26433C105 | DPG | DUFF & PHELPS UTLITY AND INF | $361,480 | 0.01% | 28,000 | Common | SOLE |
| 29476L107 | EQR | EQUITY RESIDENTIAL | $283,258 | 0.01% | 4,376 | Common | SOLE |
| 49803T300 | KRG | KITE RLTY GROUP TR | $281,292 | 0.01% | 12,614 | Common | SOLE |
| 316841105 | FIG | FIGMA INC | $259,350 | 0.01% | 5,000 | Common | SOLE |
| 092244102 | BRCB | BLACK ROCK COFFEE BAR INC | $238,600 | 0.01% | 10,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.