CIK 1654710
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-Q3. 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 | 43.13% | 8 |
| Unclassified | 30.36% | 15 |
| Oil, Gas & Consumable Fuels | 25.01% | 13 |
| Chemicals | 1.50% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ET | Energy Transfer LP | Utilities | 10.89% |
| 2 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | Utilities | 10.01% |
| 3 | WMB | WILLIAMS COMPANIES, INC. | Utilities | 7.39% |
| 4 | MPLX | MPLX LP | Energy | 6.99% |
| 5 | OKE | ONEOK INC /NEW/ | Utilities | 5.57% |
| 6 | PAA | PLAINS ALL AMERICAN PIPELINE LP | Energy | 5.05% |
| 7 | PHILLIPS 66 PARTNERS LP | Unclassified | 4.87% | |
| 8 | KMI | KINDER MORGAN, INC. | Utilities | 4.66% |
| 9 | MAGELLAN MIDSTREAM PARTNERS LP | Unclassified | 4.63% | |
| 10 | SHELL MIDSTREAM PARTNERS L P | Unclassified | 3.94% |
22/37 names classified · sector 69.6% of weight · industry 69.6% · mkt cap 69.3%; 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: 69.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 35% of book weight classified — the grid is NOT representative of the whole book.
Classified: 34.8% of book weight (15/23 names) · unclassified 65.2%: , ET, EPD, MPLX, PAA, CQP, WES, BP. 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 | ETENERGY TRANSFER L P | 854,764 | $11M | 10.9% | TRIM −3% |
| 2 | EPDENTERPRISE PRODS PARTNERS L | 362,594 | $10M | 10.0% | TRIM −4% |
| 3 | WMBWILLIAMS COS INC | 320,068 | $7M | 7.4% | TRIM −3% |
| 4 | MPLXMPLX LP | 278,154 | $7M | 7.0% | ADD 3% |
| 5 | OKEONEOK INC NEW | 74,054 | $6M | 5.6% | ADD 5% |
| 6 | PAAPLAINS ALL AMERN PIPELINE L | 284,886 | $5M | 5.1% | HOLD |
| 7 | PHILLIPS 66 PARTNERS LP | 79,256 | $5M | 4.9% | HOLD |
| 8 | KMIKINDER MORGAN INC DEL | 220,953 | $5M | 4.7% | ADD 10% |
| 9 | MAGELLAN MIDSTREAM PARTNERS LP | 73,932 | $5M | 4.6% | TRIM −22% |
| 10 | SHELL MIDSTREAM PARTNERS L P | 195,842 | $4M | 3.9% | HOLD |
| 11 | TRGPTARGA RES CORP | 75,764 | $3M | 3.1% | TRIM −40% |
| 12 | PIONEER NAT RES CO | 18,500 | $2M | 2.5% | ADD 41% |
| 13 | COPCONOCOPHILLIPS | 39,725 | $2M | 2.4% | HOLD |
| 14 | CNX MIDSTREAM PARTNERS LP | 140,495 | $2M | 2.3% | TRIM −3% |
| 15 | EOGEOG RES INC | 26,900 | $2M | 2.0% | ADD 58% |
| 16 | WPX ENERGY INC | 159,750 | $2M | 1.9% | TRIM −8% |
| 17 | CONCHO RES INC | 24,500 | $2M | 1.8% | TRIM −15% |
| 18 | PDC ENERGY INC | 85,000 | $2M | 1.8% | NEW |
| 19 | MPCMARATHON PETE CORP | 29,500 | $2M | 1.6% | TRIM −38% |
| 20 | MARATHON OIL CORP | 136,000 | $2M | 1.5% | TRIM −15% |
| 21 | HUNHUNTSMAN CORP | 73,367 | $2M | 1.5% | HOLD |
| 22 | FANGDIAMONDBACK ENERGY INC | 17,050 | $1M | 1.3% | TRIM −32% |
| 23 | SLBSCHLUMBERGER LTD | 37,500 | $1M | 1.3% | NEW |
| 24 | CQPCHENIERE ENERGY PARTNERS LP | 28,831 | $1M | 1.1% | TRIM −6% |
| 25 | DVNDEVON ENERGY CORP NEW | 50,000 | $1M | 1.1% | NEW |
| 26 | NOBLE ENERGY INC | 54,275 | $1M | 1.1% | HOLD |
| 27 | VLOVALERO ENERGY CORP | 12,200 | $1M | 1.0% | TRIM −59% |
| 28 | CVXCHEVRON CORP NEW | 9,300 | $996,000 | 1.0% | TRIM −33% |
| 29 | CONTINENTAL RES INC | 35,800 | $974,000 | 1.0% | TRIM −44% |
| 30 | NOBLE MIDSTREAM PARTNERS LP | 36,500 | $969,000 | 1.0% | HOLD |
| 31 | UBS AG LONDON BRANCH | 42,800 | $894,000 | 0.9% | NEW |
| 32 | PARSLEY ENERGY INC | 45,000 | $748,000 | 0.7% | TRIM −59% |
| 33 | DKDELEK US HLDGS INC NEW | 21,000 | $576,000 | 0.6% | TRIM −58% |
| 34 | OXYOCCIDENTAL PETE CORP | 13,000 | $516,000 | 0.5% | TRIM −48% |
| 35 | WESWESTERN MIDSTREAM PARTNERS L | 19,500 | $383,000 | 0.4% | TRIM −47% |
| 36 | ROYAL DUTCH SHELL PLC | 7,000 | $365,000 | 0.4% | TRIM −71% |
| 37 | BPBP PLC | 10,000 | $361,000 | 0.4% | TRIM −76% |
Where this firm's principals came from and which firms its alumni went on to found.
