Q4 2025 Holdings
Filed 2026-02-17 | 104 holdings | $7.9B | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Mplx LP(MPLX) | COM UNIT REP LTD | 55336V100 | $710.9M | 13,319,918 | 9.0% |
| Williams COS Inc COM(WMB) | COM | 969457100 | $683.0M | 11,362,696 | 8.7% |
| Energy Transfer LP(ET) | COM UT LTD PTN | 29273V100 | $637.8M | 38,675,828 | 8.1% |
| Targa Resources Corp.(TRGP) | COM | 87612G101 | $625.3M | 3,389,006 | 8.0% |
| TC Energy Corp.(TRP) | COM | 87807B107 | $505.1M | 9,182,370 | 6.4% |
| Enterprise Products Partners L(EPD) | COM | 293792107 | $457.9M | 14,281,220 | 5.8% |
| Cheniere Energy Inc.(LNG) | COM NEW | 16411R208 | $446.0M | 2,294,410 | 5.7% |
| Oneok Inc(OKE) | COM | 682680103 | $424.9M | 5,781,533 | 5.4% |
| DT Midstream Inc(DTM) | COMMON STOCK | 23345M107 | $356.8M | 2,980,945 | 4.5% |
| Enbridge Inc(ENB) | COM | 29250N105 | $337.5M | 7,057,049 | 4.3% |
| Western Midstream Partners LP(WES) | COM UNIT LP INT | 958669103 | $337.3M | 8,539,175 | 4.3% |
| Kinder Morgan Inc(KMI) | COM | 49456B101 | $251.6M | 9,152,339 | 3.2% |
| Plains GP Holdings, L.P.(PAGPEUR) | LTD PARTNR INT A | 72651A207 | $224.0M | 11,704,169 | 2.9% |
| Antero Midstream Corporation(AM) | COM | 03676B102 | $202.9M | 11,403,093 | 2.6% |
| Plains All American Pipeline L(PAA) | UNIT LTD PARTN | 726503105 | $171.4M | 9,542,156 | 2.2% |
| Hess Midstream LP(HESM) | CL A SHS | 428103105 | $152.6M | 4,421,856 | 1.9% |
| Pembina Pipeline Corporation(PBA) | COM | 706327103 | $146.8M | 3,852,716 | 1.9% |
| Sempra Energy(SRE) | COM | 816851109 | $141.5M | 1,602,837 | 1.8% |
| Evergy Inc COM(EVRG) | COM | 30034W106 | $98.9M | 1,364,928 | 1.3% |
| Clearway Energy, Inc.(CWEN) | CL C | 18539C204 | $87.4M | 2,627,260 | 1.1% |
| Constellation Energy Corp COM(CEG) | COM | 21037T109 | $76.0M | 215,168 | 1.0% |
| Vistra Corp.(VST) | COM | 92840M102 | $65.3M | 404,502 | 0.8% |
| Cheniere Energy Partners LP(CQP) | COM UNIT | 16411Q101 | $58.4M | 1,092,866 | 0.7% |
| NRG Energy Inc.(NRG) | COM NEW | 629377508 | $51.1M | 320,971 | 0.7% |
| Talen Energy Corp.(TLN) | COM | 87422Q109 | $43.7M | 116,701 | 0.6% |
| Sunoco LP(SUN) | COM UT REP LP | 86765K109 | $42.0M | 800,665 | 0.5% |
| Entergy Corporation(ETR) | COM | 29364G103 | $36.3M | 392,689 | 0.5% |
| EQT Corp(EQT) | COM | 26884L109 | $35.5M | 661,440 | 0.5% |
| Excelerate Energy Inc.(EE) | CL A COM | 30069T101 | $32.7M | 1,165,463 | 0.4% |
| Expand Energy Corp(EXE) | COM | 165167735 | $29.9M | 271,020 | 0.4% |
| Centerpoint Energy Inc(CNP) | COM | 15189T107 | $29.6M | 772,099 | 0.4% |
| Xcel Energy(XEL) | COM | 98389B100 | $29.5M | 399,236 | 0.4% |
| Nisource Inc(NI) | COM | 65473P105 | $29.3M | 701,207 | 0.4% |
| Kodiak Gas Services Inc(KGS) | COM | 50012A108 | $26.9M | 720,537 | 0.3% |
| South Bow Corp(SOBO) | COM | 83671M105 | $25.9M | 942,091 | 0.3% |
| WEC Energy Group, Inc.(WEC) | COM | 92939U106 | $16.3M | 154,558 | 0.2% |
| Exxon Mobil Corp(XOM) | COM | 30231G102 | $16.0M | 132,996 | 0.2% |
| DTE Energy Co COM(DTE) | COM | 233331107 | $15.7M | 122,111 | 0.2% |
| Cms Energy Corp Com(CMS) | COM | 125896100 | $15.2M | 216,772 | 0.2% |
| Core Scientific Inc(CORZ) | COM | 21874A106 | $14.9M | 1,026,045 | 0.2% |
| Phillips 66(PSX) | COM | 718546104 | $14.1M | 109,584 | 0.2% |
| Kinetik Holdings Inc(KNTK) | COM NEW CL A | 02215L209 | $13.1M | 362,879 | 0.2% |
| Antero Resources Corp(AR) | COM | 03674X106 | $12.7M | 368,542 | 0.2% |
| Coterra Energy Inc.(CTRA) | COM | 127097103 | $9.5M | 362,540 | 0.1% |
| Ovintiv Inc.(OVV) | COM | 69047Q102 | $9.0M | 229,952 | 0.1% |
| Fermi LLC(FRMI) | COM | 314911108 | $8.7M | 1,083,974 | 0.1% |
| First Solar Inc(FSLR) | COM | 336433107 | $7.4M | 28,265 | 0.1% |
| Ciena Corp(CIEN) | COM NEW | 171779309 | $6.1M | 26,014 | 0.1% |
| Devon Energy Corporation(DVN) | COM | 25179M103 | $5.2M | 140,604 | 0.1% |
| Valero Energy Corp(VLO) | COM | 91913Y100 | $5.1M | 31,275 | 0.1% |