Beach Investment Management, LLC.
CIK
1390965
Location
WEST CONSHOHOCKEN, PA
Portfolio Value
Micro
$23,020,895
Diversification
Diversified
Filing Date
Mar 31, 2020
Global Rank
#4,603
/ 5,303
· as of Mar 2020
Top Industry
Utilities - Renewable
20.0%
3Y Alpha vs SPY
-6.7%
Period ended 6 years ago
Filed May 5, 2020 · 6y
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+48.0%
SPY
+76.5%
Annualised alpha
-6.9%
Max drawdown
−18.9%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
27 positions · as of Mar 31, 2020Top Position
20.0%
of portfolio value
Top 5
52.0%
of portfolio value
Top 10
71.2%
of portfolio value
HHI
808
Diversified
Sector Breakdown
As of Mar 31, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Utilities | 28.2% | $6,500,546 |
| Healthcare | 18.5% | $4,270,126 |
| Financial Services | 18.4% | $4,227,631 |
| Energy | 15.7% | $3,610,326 |
| Communication Services | 7.9% | $1,819,258 |
| Technology | 7.7% | $1,770,183 |
| Consumer Defensive | 2.4% | $554,673 |
| Consumer Cyclical | 1.2% | $268,152 |
27 positions ·
$23,020,895 total
· as of Mar 31, 2020
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| XIFR |
XPLR Infrastructure, LP
Utilities
|
First | 106,879 | $4,595,797 | 19.96% | |
| V |
Visa Inc.
Financial Services
|
First | 14,506 | $2,337,206 | 10.15% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
First | 158,640 | $2,268,552 | 9.85% | |
| MSFT |
Microsoft Corp
Technology
|
First | 9,022 | $1,422,859 | 6.18% | |
| ET |
Energy Transfer LP
Energy
|
First | 291,690 | $1,341,774 | 5.83% | |
| JNJ |
Johnson & Johnson
Healthcare
|
First | 8,539 | $1,119,719 | 4.86% | |
| ABT |
Abbott Laboratories
Healthcare
|
First | 13,831 | $1,091,404 | 4.74% | |
| META |
Meta Platforms, Inc.
Communication Services
|
First | 5,319 | $887,209 | 3.85% | |
| VST |
Vistra Corp.
Utilities
|
First | 42,380 | $676,384 | 2.94% | |
| MDT |
Medtronic plc
Healthcare
|
First | 7,192 | $648,574 | 2.82% | |
| XEL |
Xcel Energy Inc
Utilities
|
First | 10,348 | $623,984 | 2.71% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
First | 2,437 | $607,739 | 2.64% | |
| NRG |
Nrg Energy, Inc.
Utilities
|
First | 22,171 | $604,381 | 2.63% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
First | 6,603 | $594,468 | 2.58% | |
| KO |
Coca Cola Co
Consumer Defensive
|
First | 12,535 | $554,673 | 2.41% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
First | 2,493 | $455,795 | 1.98% | |
| CHTR |
Charter Communications, Inc. /Mo/
Communication Services
|
First | 1,039 | $453,326 | 1.97% | |
| TMUS |
T-Mobile US, Inc.
Communication Services
|
First | 5,190 | $435,441 | 1.89% | |
| SYK |
Stryker Corp
Healthcare
|
First | 2,519 | $419,388 | 1.82% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
First | 18,572 | $394,283 | 1.71% | |
| BDX |
Becton Dickinson & Co
Healthcare
|
First | 2,175 | $383,302 | 1.67% | |
| UBER |
Uber Technologies, Inc
Technology
|
First | 12,440 | $347,324 | 1.51% | |
| MET |
Metlife Inc
Financial Services
|
First | 7,961 | $243,367 | 1.06% | |
| C |
Citigroup Inc
Financial Services
|
First | 4,808 | $202,512 | 0.88% | |
| DHI |
Horton D R Inc /De/
Consumer Cyclical
|
First | 5,940 | $201,960 | 0.88% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
First | 679 | $66,192 | 0.29% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
First | 745 | $43,282 | 0.19% |