Westwood Salient Enhanced Power & Infrastructure ETF
His own new fund (TXSE, launched 2026-09-17): the full US power value chain for a demand re-acceleration from 0.1%/yr to ~5%/yr, calls on ~half the book ~10% OTM for a targeted ~5% monthly distribution.
In one line: US power demand has woken from a generation of ~0% growth to ~5% a year on AI data centers and reshoring — a $1T+, decade-long build-out best owned across the whole power value chain (fuel, transport, generation, energy tech), which ordinary index investors barely hold, with a light covered-call overlay for monthly income.
Demand regime change. Power demand grew 0.1%/yr from 2000–2020; now ~5%/yr on 1,300 GW of installed capacity — "an industry that was asleep for a generation, waking up" (2026-SEP-17).
Own what the index doesn't. The S&P is ~40% tech, so investors already own the AI builders; energy (~3–3.5%) and utilities (<3%) — the fuel and power the AI needs — are the under-owned diversifier.
Full value chain, not one component. Fuel (natural gas: EQT, Antero; nuclear: Cameco) → transportation (Williams pipelines, aging power lines, copper) → generation (regulated NextEra; behind-the-meter Bloom, Solaris) → energy tech (Fluence batteries, Oklo/NuScale reactors). Growth comes from the efficiency-compounding equipment/tech layers; income from the slower fuel and transport layers.
Energy-analyst edge. A Houston energy team (~$3.5B of Westwood's ~$18B) that already tracks who produces and who consumes — and sees data-center demand shifting from Virginia to Texas and Ohio.
Decades, not years. "A secular buildout is measured not in years, but in decades" — two or three years is short-term.
What it is: Westwood's enhanced income series of ETFs, run by Westwood's Houston energy team (Westwood is a ~$18B value shop; the energy team manages ~$3.5B in public equities). Each fund pairs a concentrated sector equity book with a call-writing overlay and pays monthly. Retail buys them like any ETF; details are on the Westwood ETFs website.
Fund
What it is
How he runs it
Seen in the index
PWRX — Enhanced Power & Infrastructure (launched 2026-09-17)
The US power value chain: fuel, transportation, generation, energy technology.
Income without giving up the theme. Overwriting only half the book, well out of the money, is designed so "we don't … cap that growth with options" while still paying monthly.
Diversification for index holders. Adds the under-owned energy/power layer to a portfolio already heavy in hyperscalers.
Caveat he gives himself: the ~5% target can't be promised before the portfolio is implemented, and the tax character is only known at year end.
Transcripts
One dated page per appearance — each has its stock table (when securities are named), talking points, and the saved transcript. Newest first.