Peconic Partners LLC
Peconic Partners LLC, founded in 2004 by William Harnisch and headquartered in New York, NY, is a hedge fund and investment adviser managing proprietary and client capital. The firm specializes in long/short equity hedge fund strategies and serves high-net-worth individuals and institutional clients. With a team of approximately 10-15 employees, Peconic leverages decades of experience to deliver disciplined thematic investing and risk-managed, market-agnostic returns across economic cycles.
Investment Strategy
Peconic Partners employs a highly disciplined thematic investment strategy focused on long/short equity investing. Their approach centers on developing long-term macro investment themes that transcend economic cycles, while maintaining a rigorous process of stock selection and risk management. The strategy aims to generate long-term positive results regardless of market conditions, continually evolving themes based on sector innovation and a deep understanding of the companies within their universe. This macro-to-micro framework helps the firm maximize earnings potential and mitigate risk.
Top Holdings
Equity Positions (11)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PWR | QUANTA SCVS INC | 60.56% | $1.89B | 4,996,649 | $46.48 | $378.08 | +$542.6M |
D DY | DYCOM INDS INC | 29.91% | $933.0M | 3,817,825 | $102.22 | $244.39 | +$367.5M |
X XLU | SELECT SECTOR SPDR TR | 2.62% | $81.7M | 1,000,000 | $81.66 | $81.66 | +$81.7M |
F FSLR | FIRST SOLAR INC | 1.59% | $49.7M | 300,000 | $165.54 | $165.54 | +$49.7M |
R RRC | RANGE RES CORP | 1.04% | $32.5M | 800,000 | $40.67 | $40.67 | +$32.5M |