Q3 2025 Holdings
Filed 2025-11-10 | 73 holdings | $4.6B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Williams ORD(WMB) | COM | 969457100 | $482.9M | 7,622,814 | 10.6% |
| Enterprise Products Partners UNT(EPD) | COM | 293792107 | $417.6M | 13,356,060 | 9.2% |
| Energy Transfer UNT(ET) | COM UT LTD PTN | 29273V100 | $411.3M | 23,966,952 | 9.0% |
| Cheniere Energy ORD(LNG) | COM NEW | 16411R208 | $372.9M | 1,586,927 | 8.2% |
| Mplx COM UNT(MPLX) | COM UNIT REP LTD | 55336V100 | $361.3M | 7,233,767 | 7.9% |
| Kinder Morgan CL P ORD(KMI) | COM | 49456B101 | $352.5M | 12,452,111 | 7.7% |
| TC Energy ORD(TRP) | COM | 87807B107 | $291.7M | 5,361,657 | 6.4% |
| Oneok ORD(OKE) | COM | 682680103 | $259.9M | 3,562,032 | 5.7% |
| Mach Natural Resources LP(MNR) | COM UNIT LTD PAR | 55445L100 | $252.9M | 19,187,581 | 5.6% |
| Enbridge ORD(ENB) | COM | 29250N105 | $232.5M | 4,607,157 | 5.1% |
| Targa Resources ORD(TRGP) | COM | 87612G101 | $172.6M | 1,030,133 | 3.8% |
| Western Midstream Partners COM UNT(WES) | COM UNIT LP INT | 958669103 | $134.3M | 3,418,843 | 2.9% |
| DT Midstream ORD(DTM) | COMMON STOCK | 23345M107 | $98.0M | 866,991 | 2.2% |
| Plains All American Pipeline UNT(PAA) | UNIT LTD PARTN | 726503105 | $87.3M | 5,119,534 | 1.9% |
| Sempra ORD(SRE) | COM | 816851109 | $87.2M | 969,238 | 1.9% |
| Pembina Pipeline ORD(PBA) | COM | 706327103 | $71.5M | 1,767,889 | 1.6% |
| Antero Midstream ORD(AM) | COM | 03676B102 | $70.0M | 3,602,274 | 1.5% |
| Entergy ORD(ETR) | COM | 29364G103 | $58.0M | 622,876 | 1.3% |
| Hess Midstream CL A ORD(HESM) | CL A SHS | 428103105 | $47.1M | 1,362,975 | 1.0% |
| Linde ORD(LIN) | SHS | G54950103 | $39.7M | 83,475 | 0.9% |
| Quanta Services ORD(PWR) | COM | 74762E102 | $38.8M | 93,642 | 0.9% |
| AIR Products and Chemicals ORD(APD) | COM | 009158106 | $27.2M | 99,667 | 0.6% |
| Excelerate Energy CL A ORD(EE) | CL A COM | 30069T101 | $19.7M | 781,623 | 0.4% |
| Select Sector Spdr TRPut | PUT | 81369Y956 | $17.9M | 2,000 | 0.4% |
| PPL ORD(PPL) | COM | 69351T106 | $16.8M | 452,711 | 0.4% |
| Archrock ORD(AROC) | COM | 03957W106 | $14.6M | 553,647 | 0.3% |
| PG and E 6 SRS A Conv PRF | PFD CONV SER A | 69331C306 | $12.9M | 327,997 | 0.3% |
| Xcel Energy ORD(XEL) | COM | 98389B100 | $11.5M | 142,420 | 0.3% |
| Kayne Anderson Energy Infrst(KYN) | COM | 486606106 | $10.0M | 808,748 | 0.2% |
| Nextera Energy UNT(NEEPS) | UNIT 06/01/2027 | 65339F663 | $9.1M | 182,000 | 0.2% |
| NRG Energy ORD(NRG) | COM NEW | 629377508 | $9.0M | 55,472 | 0.2% |
| Natl Fuel Gas ORD(NFG) | COM | 636180101 | $8.8M | 95,206 | 0.2% |
| Exelon ORD(EXC) | COM | 30161N101 | $7.9M | 175,249 | 0.2% |
| Simplify Exchange Traded FUN(KNRG) | KAYNE ANDERSON | 82889N277 | $7.8M | 298,594 | 0.2% |
| Talen Energy ORD(TLN) | COM | 87422Q109 | $6.8M | 15,951 | 0.1% |
| Vistra ORD(VST) | COM | 92840M102 | $5.8M | 29,783 | 0.1% |
| GE Vernova ORD(GEV) | COM | 36828A101 | $5.2M | 8,392 | 0.1% |
| First Solar ORD(FSLR) | COM | 336433107 | $4.3M | 19,612 | 0.1% |
| Algonquin Power and Utilities ORD(AQN) | COM | 015857105 | $4.2M | 780,103 | 0.1% |
| Spdr Series Trust(XOP)Put | PUT | 78468R556 | $3.4M | 255 | 0.1% |
| Plains GP Holdings LMT Part CL A UNT(PAGPEUR) | LTD PARTNR INT A | 72651A207 | $3.3M | 179,048 | 0.1% |
| Generac Holdings ORD(GNRC) | COM | 368736104 | $2.2M | 12,897 | 0.0% |
| Kodiak Gas Services ORD(KGS) | COM | 50012A108 | $1.5M | 41,899 | 0.0% |
| Global Partners UNT(GLP) | COM UNITS | 37946R109 | $1.5M | 31,925 | 0.0% |
| Nextera Energy UNT | UNIT 11/01/2027 | 65339F119 | $1.2M | 25,000 | 0.0% |
| Cameco ORD(CCJ) | COM | 13321L108 | $1.1M | 13,681 | 0.0% |
| Nextracker CL A ORD(NXT) | CLASS A COM | 65290E101 | $805.5K | 10,887 | 0.0% |
| EOS Energy Enterprises CL A ORD(EOSE) | COM CL A | 29415C101 | $473.0K | 41,526 | 0.0% |
| Array Technologies ORD(ARRY) | COM SHS | 04271T100 | $391.8K | 48,072 | 0.0% |
| Shoals Technologies Group CL A ORD(SHLS) | CL A | 82489W107 | $378.1K | 51,026 | 0.0% |