VOLT’s portfolio is positioned across that entire chain. Its largest holdings include Bel Fuse, Powell Industries, Eaton, NextEra, Quanta Services, GE Vernova, Amphenol, Hubbell and Vertiv. Industrials, utilities and IT collectively make up the bulk of the portfolio.
That gives you exposure not just to AI itself, but to the physical infrastructure required to support AI. The bigger bull case and strongest argument is actually AI + robotics + automation + electrification, rather than AI alone.
- AI data centers
- Humanoid robots
- Industrial robotics
- Automated factories
- EVs
- Electrified heating
- Semiconductor manufacturing
- Cloud/AI infrastructure
U.S. electricity demand could rise 78% by 2050, with AI/data centers, EVs and other electrification trends contributing to the increase. The fund specifically targets companies benefiting from the generation and grid investment needed to satisfy that demand.
You don’t necessarily have to correctly predict which AI company wins. You can invest in the infrastructure that virtually all of them need. That’s why the power-grid buildout thesis may ultimately have a longer runway than the current AI hardware cycle.
