How concentrated this is
Holdings6
Weighted like4.7 equal ones
LargestFLNC at 28.6%
Half the portfolio2 names
Exposed to the premise90%
Half of this book is 2 names. If they are wrong, the rest will not save it.
Intermittent generation makes storage and demand flexibility more valuable than more generation.
Universe v2 (assumed — this link predates the field)· No stated date on this link
Every holding, and why it is that size
Restore the portfolio28.6%Fluence Energy
Pure-play grid storage integration.
FLNC · Equity · $189.89 · $32B · Storage and flexibility
−+×27%Tesla
Energy storage deployments now grow faster than the car business.
TSLA · Equity · $363.56 · — · Storage and flexibility
−+×18.2%Enphase Energy
Distributed storage and inverters at the household level.
ENPH · Equity · $36.86 · — · Storage and flexibility
−+×10.4%Eos Energy
Non-lithium chemistry; higher risk, different supply chain.
EOSE · Equity · $3.99 · — · Storage and flexibility
−+×5.8%Battery Tech ETF
Basket exposure across chemistry and geography.
LIT · ETF · $71.81 · — · Storage and flexibility
−+×10%0–3 Month Treasury Bill ETF
Cash that still earns while the thesis is early.
SGOV · Treasury · $100.50 · — · Ballast
The case for
Once enough solar and wind sits on a grid, the scarce product stops being energy and becomes the ability to move it in time. Battery costs keep falling and grid-service revenue stacks are only starting to be priced.
The case against
Battery manufacturing is a commodity business with brutal competition. Much of the current revenue depends on subsidy structures that can be legislated away.
What the weights are worth
Percentages, converted. Nothing is sent anywhere.
Enter an amount to see what each weight is worth. It stays in this browser.
Put this claim on the record
Nothing else here is kept — close the tab and this portfolio is gone. Commit it and the claim, with these weights, is measured from the day the server saw it, win or lose, permanently.
This portfolio has an address
Anyone who opens it rebuilds the same portfolio, weight for weight.
igitur.xyz/b/intermittent-generation-makes-storage-and-demand-16gtsua