CIK 1322613
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Utilities | 63.84% | 11 |
| Oil, Gas & Consumable Fuels | 29.72% | 13 |
| Banks | 6.44% | 3 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AM | Antero Midstream Corp | Utilities | 9.57% |
| 2 | KMI | KINDER MORGAN, INC. | Utilities | 7.96% |
| 3 | KNTK | Kinetik Holdings Inc. | Utilities | 7.76% |
| 4 | WMB | WILLIAMS COMPANIES, INC. | Utilities | 7.57% |
| 5 | LNG | Cheniere Energy, Inc. | Utilities | 7.26% |
| 6 | ET | Energy Transfer LP | Utilities | 6.61% |
| 7 | PAGP | PLAINS GP HOLDINGS LP | Energy | 5.64% |
| 8 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | Utilities | 4.74% |
| 9 | GEL | GENESIS ENERGY LP | Energy | 4.30% |
| 10 | TRGP | Targa Resources Corp. | Utilities | 4.25% |
27/27 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 59.6% of book weight (14/27 names) · unclassified 40.4%: ET, PAGP, EPD, GEL, VG, WULF, MPLX, VNOM, WES, RIOT +3 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | AMANTERO MIDSTREAM CORP | 1,513,610 | $35M | 9.6% | TRIM −10% |
| 2 | KMIKINDER MORGAN INC DEL | 855,628 | $29M | 8.0% | TRIM −10% |
| 3 | KNTKKINETIK HOLDINGS INC | 577,936 | $28M | 7.8% | HOLD |
| 4 | WMBWILLIAMS COS INC | 375,077 | $27M | 7.6% | TRIM −22% |
| 5 | LNGCheniere Energy, Inc | 92,197 | $26M | 7.3% | TRIM −31% |
| 6 | ETENERGY TRANSFER L P | 1,235,260 | $24M | 6.6% | ADD 5% |
| 7 | PAGPPLAINS GP HLDGS L P | 837,289 | $20M | 5.6% | TRIM −15% |
| 8 | EPDENTERPRISE PRODS PARTNERS L | 451,930 | $17M | 4.7% | TRIM −3% |
| 9 | GELGENESIS ENERGY L P | 868,342 | $15M | 4.3% | HOLD |
| 10 | TRGPTARGA RES CORP | 61,054 | $15M | 4.2% | TRIM −26% |
| 11 | VGVENTURE GLOBAL INC | 846,300 | $13M | 3.7% | NEW |
| 12 | WULFTERAWULF INC | 909,972 | $13M | 3.6% | HOLD |
| 13 | MPLXMPLX LP | 214,194 | $12M | 3.4% | ADD 2% |
| 14 | ARANTERO RESOURCES CORP | 279,750 | $12M | 3.3% | TRIM −34% |
| 15 | DTMDT MIDSTREAM INC | 61,733 | $8M | 2.3% | HOLD |
| 16 | VNOMVIPER ENERGY INC | 173,203 | $8M | 2.3% | TRIM −15% |
| 17 | EQTEQT CORP | 124,949 | $8M | 2.2% | TRIM −9% |
| 18 | EXEEXPAND ENERGY CORPORATION | 70,068 | $8M | 2.1% | HOLD |
| 19 | WESWESTERN MIDSTREAM PARTNERS L | 184,313 | $8M | 2.1% | HOLD |
| 20 | PRPERMIAN RESOURCES CORP | 345,432 | $7M | 2.0% | TRIM −16% |
| 21 | RIOTRIOT PLATFORMS INC | 523,308 | $6M | 1.8% | ADD 398% |
| 22 | RRCRANGE RES CORP | 125,094 | $6M | 1.6% | TRIM −29% |
| 23 | CIFRCIPHER MINING INC | 280,000 | $4M | 1.0% | ADD 115% |
| 24 | CRKCOMSTOCK RES INC | 149,210 | $3M | 0.9% | HOLD |
| 25 | GPORGULFPORT ENERGY CORP | 14,000 | $3M | 0.8% | HOLD |
| 26 | INRINFINITY NAT RES INC | 165,986 | $3M | 0.8% | HOLD |
| 27 | PAAPLAINS ALL AMERN PIPELINE L | 62,549 | $1M | 0.4% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AMANTERO MIDSTREAM CORP | 2.5M | 2.2M | 1.8M | 1.7M | 1.7M | 1.5M | $35M |
| KMIKINDER MORGAN INC DEL | 869K | 909K | 812K | 925K | 946K | 856K | $29M |
| KNTKKINETIK HOLDINGS INC | — | — | 510K | 530K | 578K | 578K | $28M |
| WMBWILLIAMS COS INC | 308K | 572K | 556K | 527K | 479K | 375K | $27M |
| LNGCheniere Energy, Inc | 182K | 178K | 159K | 159K | 133K | 92K | $26M |
| ETENERGY TRANSFER L P | 2.9M | 2.8M | 2.4M | 2.5M | 1.2M | 1.2M | $24M |
| PAGPPLAINS GP HLDGS L P | 1.4M | 1.2M | 1.1M | 986K | 986K | 837K | $20M |
| EPDENTERPRISE PRODS PARTNERS L | 945K | 843K | 912K | 1.1M | 466K | 452K | $17M |
| GELGENESIS ENERGY L P | 3.8M | 2.5M | 2.3M | 2.2M | 873K | 868K | $15M |
| TRGPTARGA RES CORP | 67K | 46K | 45K | 45K | 82K | 61K | $15M |
| VGVENTURE GLOBAL INC | — | — | — | — | — | 846K | $13M |
| WULFTERAWULF INC | — | 559K | 1.1M | 1.1M | 919K | 910K | $13M |
| MPLXMPLX LP | 530K | 512K | 499K | 499K | 209K | 214K | $12M |
| ARANTERO RESOURCES CORP | 264K | 287K | 296K | 353K | 424K | 280K | $12M |
| DTMDT MIDSTREAM INC | — | — | — | 57K | 62K | 62K | $8M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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