Top 20 Holdings as at 31 May 2019

No Company Country Sector Gross assets
1 International Container Terminal Services Inc Philippines
Port operator and provider of shipping services
6.3%

A global port management company, in the business of acquiring, developing, managing and operating container ports and terminals worldwide.

2 Alupar Investimento S.A. Brazil
Electricity generation and transmission
4.6%

A holding company for energy assets focused in the electricity transmission and generation sectors in Brazil, Peru and Colombia. It has concession rights to 29 transmission assets totaling 7,736km of electricity lines in Brazil, of which 4,750km are operational. 

3 Companhia de Saneamento do Parana Brazil
Water and waste treatment
4.1%

A Brazilian water and waste management company owned by Paraná state. It provides water and sewage services to residential, commercial and industrial users in 345 cities and another 293 smaller areas in Paraná and on the city of Porto União, Santa Catarina state.

4 Companhia de Gas de Sao Paulo Brazil
Gas distributor
4.1%

Brazil’s largest gas distributor which operates the c.14,000km gas pipeline network in Sao Paulo state. 

5 Energisa S.A. Brazil
Electricity distribution
3.9%

One of the largest electricity distribution companies in Brazil, operating thirteen concession areas in nine states across the country. It serves 6.7m customers.

6 China Resources Gas Group Ltd Hong Kong
Gas distributor
3.7%

Owns and operates natural gas infrastructure focused on downstream city gas distribution and natural gas filling stations in China. It is a subsidiary of SOE China Resources and has one of the largest client bases in the country. 

7 Ocean Wilsons Holdings Limited Brazil
Port operator and provider of shipping services
3.6%

Bermuda based investment company and through its subsidiary operates as a maritime services company in Brazil. It is listed on the Bermuda Stock Exchange and the London Stock Exchange. It has two principal subsidiaries: Wilson Sons and Ocean Wilsons Investment Limited. 

8 Rumo S.A Brazil
Rail-based logistics operator
3.4%

Offers logistics services for rail transportation, port elevation and warehousing. Rumo's main area of activity extends over the states of Mato Grosso, Sao Paulo and the states of southen Brazil, where four of the country's most active ports are located and through which most grain production in Brazil is exported.

9 China Everbright Greentech Limited China
Biomass integrated utilisation and waste treatment
3.0%

An environmental protection service provider in China, focusing on biomass integrated utilisation, hazardous waste treatment, environmental remediation, solar energy and wind power.

10 Engie Energia Chile S.A. Chile
Electricity generation and transmission
2.6%

The main electric generator in the north of Chile and the fourth in the country by installed capacity. They generate electricity through coal, oil, natural gas, solar and hydroelectric resources. They engage in the generation,transmission, supply and sale of electric power.

11 Cosan Logistica S.A. Brazil
Rail-based logistics operator
2.5%

Listed in Brazil and is 72.8% owned by Cosan Limited. Its purpose is to manage directly or indirectly corporate interests in companies in the infrastructure sector, such as: logistics, cargo transportation, and port operations of distribution terminals. Cosan Logistica currently owns 28.5% of Rumo.

12 Transgaz S.A. Romania
Gas transmission
2.5%

A state-owned national gas transmission company in Romania and controls the domestic gas transmission system. It also carries out natural gas transmission research and design activities, as well as the transmission of natural gas to Russia, Bulgaria, Turkey and Greece.

13 Yuexiu Transport Infrastructure Limited China
Toll road operator
2.2%

Engaged in the investment, operation and management of expressways and bridges in the Guangdong Province and other high growth provinces in China. They currently have 12 operating expressways and bridge projects within their portfolio, with a total attributable toll length of 358km.

14 APT Satellite Holdings Ltd Hong Kong
Satellite operator
2.2%

A satellite operator covering regions in Asia, Europe, Africa and Australia which contain approximately 75% of the global population. The company provides satellite transponder leasing, broadcast, teleport and network, as well as data centre services to broadcasters and telecommunication customers. 

15 Metro Pacific Investments Corporation Philippines
Infrastructure company
2.1%

Philippine-based investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. Through its subsidiaries, it provides water, sanitation, and sewerage services and also operates in real estate, and infrastructure projects.

16 Power Grid Corporation of India Limited India
Electricity transmission
1.9%

An Indian state-owned electric utilities company headquartered in Gurugram, India. It transmits about 50% of the total power generated in India on its transmission network.

17 Omega Geracao S.A Brazil
Renewable Energy
1.8%

A private sector Brazilian renewable generation company which owns and operates one of the largest wind farm complexes in Brazil.

18 Conpet S.A. Romania
Crude oil distributor
1.8%

Provides specialised petroleum transport services through pipelines and by rail, securing the supply of the refineries with domestic and imported crude oil and derivatives. The pipeline system managed comprises pumping stations, loading – unloading ramps, railway tanks and tank farms.

19 Gujarat State Petronet Limited India
Gas transmission
1.7%

An Indian state-owned company which owns the main gas transmission pipelines in Gujarat and has a controlling stake in Gujarat Gas, a listed company which provides gas distribution services in the state.

20 India Grid Trust India
Infrastructure company
1.7%

An infrastructure investment trust established to own inter-state power transmission assets in India.