Enlightenment Research, LLC

CIK

1676924

Location

NEW YORK, NY

Portfolio Value

Micro $2,634,853

Diversification

Diversified

Filing Date

Global Rank

#5,399 / 6,687 ▲ 122

Top Industry

Software - Infrastructure 12.6%

3Y Alpha vs SPY

+4.8%

Period ended 3 years ago

Filed Nov 15, 2022 · 3y

11 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+98.2%

SPY

+76.3%

Annualised alpha

+4.8%

Max drawdown

−18.3%

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

86 positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

8.0%

+4.1 pts

Top 5

23.8%

+5.5 pts

Top 10

34.7%

+1.3 pts

HHI

224

Diversified+30

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Technology	28.7%	$11,656,149	18
Communication Services	14.1%	$5,740,411	8
Consumer Defensive	9.6%	$3,921,934	10
Consumer Cyclical	9.0%	$3,649,919	10
Healthcare	8.7%	$3,533,014	7
Financial Services	8.1%	$3,297,635	8
Utilities	6.5%	$2,634,853	6
Industrials	6.3%	$2,564,518	7
Energy	5.2%	$2,127,810	6
Real Estate	1.8%	$732,684	3
Basic Materials	1.5%	$603,715	2
Unclassified	0.5%	$205,854	1

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
DIS	Walt Disney Co	+13,100	17,900	$1,688,507
C	Citigroup Inc	+12,499	22,098	$920,823
SOFI	SoFi Technologies, Inc.	+6,400	25,100	$122,488
ORCL	Oracle Corp	+3,100	11,600	$708,412
PGR	Progressive Corp/Oh/	+2,308	4,200	$488,082
CVX	Chevron Corp	+1,019	3,674	$527,843
AMAT	Applied Materials Inc /De	+1,000	4,500	$368,685
FIS	Fidelity National Information Services, Inc.	+291	4,389	$331,676
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
XOM	Exxon Mobil Corp	−6,699	6,900	$602,439
NEM	NEWMONT Corp /DE/	−5,100	8,000	$336,240
META	Meta Platforms, Inc.	−4,140	4,200	$569,856
CSX	Csx Corp	−2,309	19,791	$527,232
V	Visa Inc.	−2,200	1,200	$213,180
NUE	Nucor Corp	−666	2,500	$267,475
FISV	Fiserv Inc	−300	2,200	$205,854
AVGO	Broadcom Inc.	−200	1,000	$44,401
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MSFT	Microsoft Corp	13,900	$3,237,310
QCOM	Qualcomm Inc/De	18,100	$2,044,938
MU	Micron Technology Inc	33,200	$1,663,320
PFE	Pfizer Inc	24,200	$1,058,992
PG	PROCTER & GAMBLE Co	7,759	$979,573
VZ	Verizon Communications Inc	22,697	$861,805
PYPL	PayPal Holdings, Inc.	9,603	$826,530
MDLZ	Mondelez International, Inc.	15,000	$822,450
GOOGL	Alphabet Inc.	8,200	$784,330
MRK	Merck & Co., Inc.	8,800	$757,856
CHTR	Charter Communications, Inc. /Mo/	2,400	$728,040
AEP	American Electric Power Co Inc	8,300	$717,535
PDD	PDD Holdings Inc.	11,200	$700,896
BABA	Alibaba Group Holding Ltd	8,500	$679,915
NEE	Nextera Energy Inc	7,200	$564,552
JD	JD.com, Inc.	10,900	$548,270
SBUX	Starbucks Corp	6,400	$539,264
CMCSA	Comcast Corp	18,500	$508,533
GE	General Electric Co	12,700	$489,851
BA	Boeing Co	4,000	$484,320
TTD	Trade Desk, Inc.	8,100	$483,975
SO	Southern Co	7,100	$482,800
HD	Home Depot, Inc.	1,698	$468,546
CAH	Cardinal Health Inc	6,700	$446,756
INTC	Intel Corp	17,200	$443,244
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GIS	General Mills Inc	19,100	$1,441,095
BAC	Bank Of America Corp /De/	45,600	$1,419,528
BRK-B	Berkshire Hathaway Inc	4,900	$1,337,798
TXN	Texas Instruments Inc	8,500	$1,306,025
FDX	Fedex Corp	5,600	$1,269,576
MCD	Mcdonalds Corp	5,100	$1,259,088
EOG	Eog Resources Inc	9,300	$1,027,092
HPQ	Hp Inc	28,400	$930,952
COST	Costco Wholesale Corp /New	1,800	$862,704
SHOP	Shopify Inc.	27,400	$855,976
TJX	Tjx Companies Inc /De/	15,000	$837,750
HON	Honeywell International Inc	4,896	$802,049
JPM	Jpmorgan Chase & Co	5,400	$608,094
MCK	Mckesson Corp	1,700	$554,557
NXPI	NXP Semiconductors N.V.	3,600	$532,908
EBAY	Ebay Inc	11,400	$475,038
BKR	Baker Hughes Co	16,000	$461,920
MRVL	Marvell Technology, Inc.	10,100	$439,653
LMT	Lockheed Martin Corp	1,000	$429,960
ROST	Ross Stores, Inc.	5,900	$414,357
LI	Li Auto Inc.	10,600	$406,086
EA	Electronic Arts Inc.	3,300	$401,445
TGT	Target Corp	2,800	$395,444
DOW	Dow Inc.	7,500	$387,075
CCI	Crown Castle Inc.	2,200	$370,436
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $2,634,853 total · Utilities only · as of Sep 30, 2022

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AEP	American Electric Power Co Inc Utilities	NEW	8,300	NEW	$717,535	NEW	27.23%
NEE	Nextera Energy Inc Utilities	NEW	7,200	NEW	$564,552	NEW	21.43%
SO	Southern Co Utilities	NEW	7,100	NEW	$482,800	NEW	18.32%
DUK	Duke Energy CORP Utilities	NEW	4,200	NEW	$390,684	NEW	14.83%
D	Dominion Energy, Inc Utilities	NEW	3,700	NEW	$255,707	NEW	9.70%
WEC	Wec Energy Group, Inc. Utilities	NEW	2,500	NEW	$223,575	NEW	8.49%