Capital Innovations 13F annual report

Capital Innovations is an investment fund managing more than $667 thousand ran by Susan Dambekaln. There are currently 5 companies in Mrs. Dambekaln’s portfolio. The largest investments include NextEra and Newmont, together worth $430 thousand.

$667 thousand Assets Under Management (AUM)

As of 7th October 2020, Capital Innovations’s top holding is 14,600 shares of NextEra currently worth over $225 thousand and making up 33.7% of the portfolio value. Relative to the number of outstanding shares of NextEra, Capital Innovations owns more than approximately 0.1% of the company. In addition, the fund holds 10,380 shares of Newmont worth $205 thousand, whose value grew 4.8% in the past six months. The third-largest holding is Freeport-McMoRan worth $99 thousand and the next is Vale S A worth $86 thousand, with 17,760 shares owned.

Currently, Capital Innovations's portfolio is worth at least $667 thousand. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Capital Innovations

The Capital Innovations office and employees reside in Pewaukee, Wisconsin. According to the last 13-F report filed with the SEC, Susan Dambekaln serves as the Partner at Capital Innovations.

Recent trades

In the most recent 13F filing, Capital Innovations revealed that it had opened a new position in NextEra and bought 14,600 shares worth $225 thousand. This means they effectively own approximately 0.1% of the company. NextEra makes up 100.0% of the fund's Utilities sector allocation and has grown its share price by 31.7% in the past year.

The investment fund also strengthened its position in Vale S A by buying 6,910 additional shares. This makes their stake in Vale S A total 17,760 shares worth $86 thousand.

On the other hand, there are companies that Capital Innovations is getting rid of from its portfolio. Capital Innovations closed its position in Barrick Gold on 15th May 2020. It sold the previously owned 20,000 shares for $3.72 million. Susan Dambekaln also disclosed a decreased stake in Newmont by 0.6%. This leaves the value of the investment at $205 thousand and 10,380 shares.

One of the smallest hedge funds

The two most similar investment funds to Capital Innovations are Kirkwood Investment Management L.P. and Huntington Bancshares Inc/md. They manage $683 thousand and $643 thousand respectively.

Susan Dambekaln investment strategy

Capital Innovations’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Materials — making up 45.6% of the total portfolio value. The fund focuses on investments in the United States as 60.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 60% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $52.6 billion.

The complete list of Capital Innovations trades based on 13F SEC filings

These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Barrick Gold Corp.	Closed 20,000	$3,715,000
Suncor Energy, Inc.	Closed 21,960	$720,000
TC Energy Corp.	Closed 12,275	$654,000
Eog Res Inc	Closed 7,460	$625,000
Marathon Pete Corp	Closed 10,378	$625,000
Nutrien Ord Shs	Closed 12,635	$605,000
Canadian Natl Res Ltd	Closed 18,110	$586,000
Bunge Ltd.	Closed 9,520	$548,000
Caterpillar Ord Shs	Closed 3,205	$473,000
Enbridge, Inc.	Closed 10,990	$437,000
BHP Group Plc	Closed 5,900	$323,000
Royal Dutch Shell PLC	Closed 5,360	$316,000
Exxon Mobil Corp.	Closed 4,390	$306,000
Schlumberger Ltd	Closed 7,550	$304,000
BP Plc	Closed 7,590	$286,000
Pioneer Nat Res Co	Closed 1,880	$285,000
Weyerhaeuser Co.	Closed 9,360	$283,000
Total S A	Closed 4,860	$269,000
Lyondellbasell Industries N	Closed 3,790	$258,000
Chevron Corp.	Closed 1,985	$239,000
Mondelez International, Inc.	Closed 4,119	$227,000
NextEra Energy, Inc.	Opened 14,600	$225,000	33.73%
Ultrapar Participacoes S A	Closed 35,000	$219,000
Newmont Corp.	57.85% 10,380	$205,000	30.73%
Turkcell Iletisim Hizmetleri	Closed 23,530	$137,000
Freeport-McMoRan, Inc.	71.41% 4,517	$99,000	14.84%
Vale S A	63.69% 17,760	$86,000	12.89%
Nabors Industries Ltd.	Closed 24,050	$69,000
BRF SA	95.00% 935	$52,000	7.80%
No transactions found
Showing first 500 out of 29 holdings