Q4 2025 Holdings
Filed 2026-02-17 | 173 holdings | $5.5B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Enterprise Prods Partners L(EPD) | COM | 293792107 | $477.4M | 14,890,183 | 8.6% |
| Energy Transfer LP(ET) | COM UT LTD PTN | 29273V100 | $414.9M | 25,158,105 | 7.5% |
| Mplx LP(MPLX) | COM | 55336V100 | $282.8M | 5,299,724 | 5.1% |
| Kinder Morgan Inc del(KMI) | COM | 49456B101 | $219.0M | 7,965,772 | 4.0% |
| National Fuel Gas Co(NFG) | COM | 636180101 | $205.0M | 2,561,069 | 3.7% |
| Plains GP Hldgs L P(PAGPEUR) | LTD PARTNR INT A | 72651A207 | $169.5M | 8,854,011 | 3.1% |
| Southern Co(SO) | COM | 842587107 | $156.1M | 1,790,325 | 2.8% |
| PPL Corp(PPL) | COM | 69351T106 | $138.9M | 3,966,363 | 2.5% |
| Duke Energy Corp New(DUK) | COM NEW | 26441C204 | $130.2M | 1,110,993 | 2.4% |
| Entergy Corp New(ETR) | COM | 29364G103 | $120.8M | 1,306,463 | 2.2% |
| Sempra(SRE) | COM | 816851109 | $116.8M | 1,322,776 | 2.1% |
| Targa RES Corp(TRGP) | COM | 87612G101 | $104.4M | 565,974 | 1.9% |
| Sunoco LP Co FIN Corp(SUN) | COM UT REP LP | 86765K109 | $102.5M | 1,955,895 | 1.9% |
| One Gas Inc(OGS) | COM | 68235P108 | $101.7M | 1,316,991 | 1.8% |
| Quanta Svcs Inc(PWR) | COM | 74762E102 | $92.2M | 218,559 | 1.7% |
| American Elec PWR Co Inc(AEP) | COM | 025537101 | $91.4M | 792,553 | 1.7% |
| Cheniere Energy Inc(LNG) | COM NEW | 16411R208 | $90.9M | 467,418 | 1.6% |
| Evergy Inc(EVRG) | COM | 30034W106 | $88.6M | 1,222,554 | 1.6% |
| Williams COS Inc(WMB) | COM | 969457100 | $86.9M | 1,444,885 | 1.6% |
| Cheniere Energy Partners LP(CQP) | COM UNIT | 16411Q101 | $86.3M | 1,613,522 | 1.6% |
| New Jersey RES Corp(NJR) | COM | 646025106 | $85.1M | 1,846,224 | 1.5% |
| Cummins Inc(CMI) | COM | 231021106 | $84.6M | 165,830 | 1.5% |
| Centerpoint Energy Inc(CNP) | COM | 15189T107 | $82.9M | 2,162,187 | 1.5% |
| Exxon Mobil Corp(XOM) | COM | 30231G102 | $80.7M | 670,808 | 1.5% |
| Oneok Inc New(OKE) | COM | 682680103 | $78.8M | 1,071,726 | 1.4% |
| WEC Energy Group Inc(WEC) | COM | 92939U106 | $78.4M | 742,959 | 1.4% |
| OGE Energy Corp(OGE) | COM | 670837103 | $77.7M | 1,820,608 | 1.4% |
| Firstenergy Corp(FE) | COM | 337932107 | $76.0M | 1,696,759 | 1.4% |
| Clearway Energy Inc(CWEN/A) | CL A | 18539C105 | $74.9M | 2,384,992 | 1.4% |
| Shell PLC(SHEL) | SPON ADS | 780259305 | $73.4M | 998,743 | 1.3% |
| DTE Energy Co(DTE) | COM | 233331107 | $73.3M | 568,407 | 1.3% |
| Generac Hldgs Inc(GNRC) | COM | 368736104 | $72.0M | 528,331 | 1.3% |
| Nextera Energy Inc(NEE) | COM | 65339F101 | $64.8M | 806,987 | 1.2% |
| Dominion Energy Inc(D) | COM | 25746U109 | $64.1M | 1,093,652 | 1.2% |
| Atmos Energy Corp(ATO) | COM | 049560105 | $60.3M | 359,821 | 1.1% |
| TC Energy Corp(TRP) | COM | 87807B107 | $60.2M | 1,094,185 | 1.1% |
| Public SVC Enterprise GRP in(PEG) | COM | 744573106 | $56.8M | 706,909 | 1.0% |
| Vistra Corp(VST) | COM | 92840M102 | $55.6M | 344,531 | 1.0% |
| Alliant Energy Corp(LNT) | COM | 018802108 | $52.2M | 802,252 | 0.9% |
| DT Midstream Inc(DTM) | COMMON STOCK | 23345M107 | $50.9M | 425,669 | 0.9% |
| CMS Energy Corp(CMS) | COM | 125896100 | $50.4M | 721,101 | 0.9% |
| Ameren Corp(AEE) | COM | 023608102 | $49.5M | 495,205 | 0.9% |
| Idacorp Inc(IDA) | COM | 451107106 | $49.4M | 390,654 | 0.9% |
| Enbridge Inc(ENB) | COM | 29250N105 | $48.7M | 1,018,379 | 0.9% |
| UGI Corp New(UGI) | COM | 902681105 | $46.5M | 1,243,329 | 0.8% |
| Xcel Energy Inc(XEL) | COM | 98389B100 | $44.4M | 601,261 | 0.8% |
| Archrock Inc(AROC) | COM | 03957W106 | $41.9M | 1,611,519 | 0.8% |
| Totalenergies SE(TTEN) | SPONSORED ADS | 89151E109 | $38.7M | 591,377 | 0.7% |
| Spire Inc(SR) | COM | 84857L101 | $32.7M | 395,765 | 0.6% |
| Westlake Chem Partners LP(WLKP) | COM UNIT RP LP | 960417103 | $29.7M | 1,564,489 | 0.5% |