CIK 903947
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 | 29.90% | 44 |
| Oil, Gas & Consumable Fuels | 20.61% | 29 |
| Banks | 11.44% | 10 |
| Pharmaceuticals & Biotechnology | 9.02% | 4 |
| Equity Real Estate Investment Trusts (REITs) | 5.35% | 6 |
| Capital Markets | 2.84% | 3 |
| Chemicals | 2.51% | 2 |
| Media & Entertainment | 2.20% | 2 |
| Diversified Telecommunication Services | 2.00% | 3 |
| Unclassified | 1.86% | 7 |
| Insurance | 1.81% | 1 |
| Health Care Equipment & Supplies | 1.69% | 1 |
| Machinery | 1.47% | 2 |
| Technology Hardware & Equipment | 1.23% | 3 |
| Specialty Retail | 1.13% | 1 |
| Professional Services | 1.08% | 1 |
| Semiconductors & Semiconductor Equipment | 0.97% | 5 |
| Food Products | 0.88% | 1 |
| Beverages | 0.67% | 1 |
| Road & Rail | 0.54% | 3 |
| Commercial Services & Supplies | 0.43% | 2 |
| Airlines | 0.18% | 1 |
| Construction & Engineering | 0.12% | 1 |
| Construction Materials | 0.04% | 1 |
| Distributors | 0.02% | 1 |
| Electrical Equipment & Components | 0.01% | 3 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MPLX | MPLX LP | Energy | 3.49% |
| 2 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | Utilities | 3.27% |
| 3 | ET | Energy Transfer LP | Utilities | 2.75% |
| 4 | JNJ | JOHNSON & JOHNSON | Health Care | 2.70% |
| 5 | GSK | GSK plc | Health Care | 2.46% |
| 6 | ABBV | AbbVie Inc. | Health Care | 2.37% |
| 7 | EXC | EXELON CORP | Utilities | 2.26% |
| 8 | TRP | TC ENERGY CORP | Utilities | 2.22% |
| 9 | COP | CONOCOPHILLIPS | Energy | 2.20% |
| 10 | STT | STATE STREET CORP | Financials | 2.06% |
131/138 names classified · sector 98.1% of weight · industry 98.1% · mkt cap 85.7%; 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: 98.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 67.8% of book weight (101/137 names) · unclassified 32.2%: MPLX, EPD, ET, GSK, TRP, CNQ, WES, ENB, PAA, HESM +26 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 | MPLXMPLX LP | 2,239,694 | $128M | 3.5% | TRIM −3% |
| 2 | EPDENTERPRISE PRODS PARTNERS L | 3,160,206 | $120M | 3.3% | HOLD |
| 3 | ETENERGY TRANSFER L P | 5,216,847 | $101M | 2.8% | HOLD |
| 4 | JNJJOHNSON & JOHNSON | 404,296 | $99M | 2.7% | TRIM −21% |
| 5 | GSKGSK PLC | 1,629,351 | $90M | 2.5% | HOLD |
| 6 | ABBVABBVIE INC | 397,998 | $87M | 2.4% | HOLD |
| 7 | EXCEXELON CORP | 1,685,069 | $83M | 2.3% | ADD 17% |
| 8 | TRPTC ENERGY CORP | 1,294,518 | $81M | 2.2% | ADD 14% |
| 9 | COPCONOCOPHILLIPS | 609,900 | $81M | 2.2% | ADD 7% |
| 10 | STTSTATE STR CORP | 595,610 | $75M | 2.1% | HOLD |
| 11 | CNQCANADIAN NAT RES LTD | 1,440,125 | $70M | 1.9% | ADD 4% |
| 12 | ETRENTERGY CORP NEW | 619,237 | $70M | 1.9% | HOLD |
| 13 | ORIOld Republic Nat'l. Corp. | 1,658,950 | $66M | 1.8% | TRIM −17% |
| 14 | EWBCEAST WEST BANCORP INC | 612,464 | $65M | 1.8% | HOLD |
| 15 | WESWESTERN MIDSTREAM PARTNERS L | 1,584,975 | $65M | 1.8% | ADD 6% |
| 16 | ENBENBRIDGE INC | 1,170,678 | $63M | 1.7% | ADD 6% |
| 17 | WMBWILLIAMS COS INC | 870,105 | $63M | 1.7% | TRIM −8% |
| 18 | PAAPLAINS ALL AMERN PIPELINE L | 2,801,601 | $63M | 1.7% | HOLD |
| 19 | MDTMEDTRONIC PLC | 714,803 | $62M | 1.7% | HOLD |
| 20 | KMIKINDER MORGAN INC DEL | 1,822,905 | $61M | 1.7% | ADD 3% |
| 21 | LAMRLAMAR ADVERTISING CO | 468,026 | $59M | 1.6% | ADD 48% |
| 22 | HESMHESS MIDSTREAM LP | 1,491,899 | $58M | 1.6% | ADD 3% |
| 23 | TRGPTARGA RES CORP | 230,592 | $58M | 1.6% | ADD 37% |
| 24 | CMECME GROUP INC | 195,433 | $58M | 1.6% | ADD 5269% |
| 25 | VZVERIZON COMMUNICATIONS INC | 1,097,506 | $55M | 1.5% | ADD 37% |
| 26 | GILDGILEAD SCIENCES INC | 393,238 | $55M | 1.5% | TRIM −40% |
| 27 | PSXPHILLIPS 66 | 294,220 | $54M | 1.5% | HOLD |
| 28 | CCITIGROUP INC | 469,968 | $53M | 1.5% | TRIM −20% |
| 29 | SUNSUNOCO LP/SUNOCO FIN CORP | 816,233 | $53M | 1.4% | ADD 18% |
| 30 | SNASNAP ON INC | 141,082 | $51M | 1.4% | NEW |
| 31 | BACBANK AMERICA CORP | 1,036,866 | $51M | 1.4% | HOLD |
| 32 | ELSEQUITY LIFESTYLE PPTYS INC | 799,961 | $50M | 1.4% | ADD 23% |
| 33 | LNGCheniere Energy, Inc | 164,910 | $47M | 1.3% | ADD 3% |
| 34 | HSTHOST HOTELS & RESORTS INC | 2,417,960 | $46M | 1.3% | ADD 4% |
| 35 | NTRNUTRIEN LTD | 610,106 | $46M | 1.3% | HOLD |
| 36 | EMNEASTMAN CHEM CO | 600,368 | $46M | 1.3% | ADD 8% |
| 37 | GSGOLDMAN SACHS GROUP INC | 53,857 | $46M | 1.2% | HOLD |
| 38 | BNYBANK NEW YORK MELLON CORP | 379,921 | $45M | 1.2% | HOLD |
| 39 | CSCOCISCO SYS INC | 574,087 | $45M | 1.2% | TRIM −53% |
| 40 | MTBM & T BK CORP | 213,021 | $44M | 1.2% | HOLD |
| 41 | OMCOMNICOM GROUP INC | 581,969 | $44M | 1.2% | HOLD |
| 42 | CMSCMS ENERGY CORP | 563,102 | $44M | 1.2% | TRIM −2% |
| 43 | RFREGIONS FINANCIAL CORP NEW | 1,589,537 | $42M | 1.1% | HOLD |
| 44 | USBUS BANCORP | 796,319 | $41M | 1.1% | HOLD |
| 45 | GAPGAP INC | 1,704,021 | $41M | 1.1% | ADD 112% |
| 46 | PAYXPAYCHEX INC | 430,548 | $40M | 1.1% | ADD 14% |
| 47 | CMCSACOMCAST CORP NEW | 1,278,695 | $37M | 1.0% | ADD 41% |
| 48 | GELGENESIS ENERGY L P | 1,977,609 | $35M | 1.0% | HOLD |
| 49 | PAGPPLAINS GP HLDGS L P | 1,421,518 | $35M | 0.9% | ADD 26% |
| 50 | TXNTEXAS INSTRS INC | 176,346 | $34M | 0.9% | HOLD |
| 51 | OGEOGE ENERGY CORP | 705,127 | $34M | 0.9% | HOLD |
| 52 | OKEONEOK INC NEW | 358,317 | $32M | 0.9% | ADD 27% |
| 53 | HRLHORMEL FOODS CORP | 1,423,720 | $32M | 0.9% | ADD 101% |
| 54 | DTMDT MIDSTREAM INC | 238,616 | $32M | 0.9% | ADD 9% |
| 55 | DVYISHARES TR | 184,182 | $28M | 0.8% | TRIM −64% |
| 56 | AMANTERO MIDSTREAM CORP | 1,138,874 | $26M | 0.7% | TRIM −42% |
| 57 | PBAPEMBINA PIPELINE CORP | 567,713 | $25M | 0.7% | ADD 9% |
| 58 | KOCOCA COLA CO | 323,276 | $25M | 0.7% | HOLD |
| 59 | KEYERA CORP COM | 589,871 | $23M | 0.6% | ADD 9% |
| 60 | STAGSTAG INDL INC | 586,985 | $21M | 0.6% | HOLD |
| 61 | SOBOSOUTH BOW CORP | 527,789 | $18M | 0.5% | TRIM −34% |
| 62 | SRESEMPRA | 172,212 | $17M | 0.5% | ADD 8% |
| 63 | NEENEXTERA ENERGY INC | 159,030 | $15M | 0.4% | ADD 12% |
| 64 | CNPCENTERPOINT ENERGY INC | 342,077 | $15M | 0.4% | ADD 7% |
| 65 | CEGCONSTELLATION ENERGY CORP | 44,571 | $12M | 0.3% | ADD 7% |
| 66 | MPCMARATHON PETE CORP | 47,097 | $12M | 0.3% | ADD 7% |
| 67 | XELXCEL ENERGY INC | 141,639 | $11M | 0.3% | ADD 28% |
| 68 | AEEAMEREN CORP | 99,697 | $11M | 0.3% | ADD 8% |
| 69 | PPLPPL CORP | 282,632 | $11M | 0.3% | TRIM −18% |
| 70 | AMTAMERICAN TOWER CORP | 61,337 | $11M | 0.3% | ADD 22% |
| 71 | WMWASTE MGMT INC DEL | 45,419 | $10M | 0.3% | ADD 8% |
| 72 | NGGNATIONAL GRID PLC | 120,490 | $10M | 0.3% | ADD 23% |
| 73 | GIBSON ENERGY INC COM | 478,540 | $10M | 0.3% | ADD 9% |
| 74 | TMUST-MOBILE US INC | 46,707 | $10M | 0.3% | ADD 10% |
| 75 | CSXCSX CORP | 238,817 | $10M | 0.3% | ADD 7% |
| 76 | ATOATMOS ENERGY CORP | 51,795 | $10M | 0.3% | TRIM −12% |
| 77 | NINISOURCE INC | 193,840 | $9M | 0.2% | TRIM −26% |
| 78 | EQIXEQUINIX INC | 8,614 | $8M | 0.2% | ADD 82% |
| 79 | TAT&T INC | 284,422 | $8M | 0.2% | ADD 10% |
| 80 | AWKAMERICAN WTR WKS CO INC NEW | 58,467 | $8M | 0.2% | ADD 40% |
| 81 | UNPUNION PAC CORP | 30,101 | $7M | 0.2% | ADD 7% |
| 82 | KNTKKINETIK HOLDINGS INC | 146,317 | $7M | 0.2% | ADD 69% |
| 83 | ARANTERO RESOURCES CORP | 155,374 | $7M | 0.2% | ADD 4% |
| 84 | VLOVALERO ENERGY CORP | 26,518 | $7M | 0.2% | ADD 7% |
| 85 | CQPCHENIERE ENERGY PARTNERS LP | 101,266 | $7M | 0.2% | TRIM −2% |
| 86 | FDXFEDEX CORP | 18,017 | $6M | 0.2% | NEW |
| 87 | SUSUNCOR ENERGY INC NEW | 95,128 | $6M | 0.2% | ADD 4% |
| 88 | OXYOCCIDENTAL PETE CORP | 88,821 | $6M | 0.2% | ADD 21% |
| 89 | SUNCSUNOCOCORP LLC | 88,613 | $5M | 0.1% | NEW |
| 90 | WCNWASTE CONNECTIONS INC | 32,583 | $5M | 0.1% | ADD 21% |
| 91 | APAAPA CORPORATION | 117,701 | $5M | 0.1% | NEW |
| 92 | AEPAMERICAN ELEC PWR CO INC | 35,348 | $5M | 0.1% | ADD 34% |
| 93 | RPGSFROCKPOINT GAS STORAGE INC CLAS | 230,392 | $5M | 0.1% | ADD 9% |
| 94 | GPORGULFPORT ENERGY CORP | 21,782 | $5M | 0.1% | ADD 4% |
| 95 | FERFERROVIAL SE | 69,721 | $5M | 0.1% | NEW |
| 96 | CHRDCHORD ENERGY CORPORATION | 30,492 | $4M | 0.1% | ADD 11% |
| 97 | VSTVISTRA CORP | 27,900 | $4M | 0.1% | ADD 8% |
| 98 | WTTRSELECT WATER SOLUTIONS INC | 261,376 | $4M | 0.1% | ADD 9% |
| 99 | SOSOUTHERN CO | 36,976 | $4M | 0.1% | ADD 8% |
| 100 | DUKDUKE ENERGY CORP NEW | 21,445 | $3M | 0.1% | ADD 8% |
| 101 | UPSUNITED PARCEL SERVICE INC | 26,624 | $3M | 0.1% | ADD 8% |
| 102 | DTEDTE ENERGY CO | 16,616 | $2M | 0.1% | ADD 8% |
| 103 | BKRBAKER HUGHES COMPANY | 39,056 | $2M | 0.1% | ADD 4% |
| 104 | PEGPUBLIC SVC ENTERPRISE GROUP | 29,454 | $2M | 0.1% | ADD 8% |
| 105 | OVVOVINTIV INC | 39,227 | $2M | 0.1% | ADD 107% |
| 106 | CVXCHEVRON CORP NEW | 11,009 | $2M | 0.1% | ADD 4% |
| 107 | DDOMINION ENERGY INC | 36,815 | $2M | 0.1% | TRIM −9% |
| 108 | WECWEC ENERGY GROUP INC | 18,679 | $2M | 0.1% | ADD 8% |
| 109 | LNTALLIANT ENERGY CORP | 30,089 | $2M | 0.1% | ADD 8% |
| 110 | LBRTLIBERTY ENERGY INC | 73,902 | $2M | 0.1% | TRIM −23% |
| 111 | EVRGEVERGY INC | 22,770 | $2M | 0.1% | ADD 8% |
| 112 | XOMEXXON MOBIL CORP | 10,935 | $2M | 0.1% | TRIM −53% |
| 113 | HALHALLIBURTON CO | 42,426 | $2M | 0.0% | ADD 8% |
| 114 | PCGPG&E CORP | 91,296 | $2M | 0.0% | ADD 12% |
| 115 | MDUMDU RES GROUP INC | 72,373 | $1M | 0.0% | ADD 8% |
| 116 | CTRACOTERRA ENERGY INC | 40,917 | $1M | 0.0% | ADD 8% |
| 117 | FTSFORTIS INC | 24,613 | $1M | 0.0% | ADD 8% |
| 118 | JPMJPMORGAN CHASE & CO | 4,310 | $1M | 0.0% | TRIM −40% |
| 119 | OGSONE GAS INC | 14,379 | $1M | 0.0% | ADD 8% |
| 120 | RRCRANGE RES CORP | 27,132 | $1M | 0.0% | ADD 4% |
| 121 | NRGNRG ENERGY INC | 8,359 | $1M | 0.0% | ADD 9% |
| 122 | BKHBLACK HILLS CORP | 16,516 | $1M | 0.0% | ADD 8% |
| 123 | AVGOBROADCOM INC | 3,211 | $993,892 | 0.0% | TRIM −13% |
| 124 | ESEVERSOURCE ENERGY | 14,274 | $988,903 | 0.0% | ADD 8% |
| 125 | CAHCARDINAL HEALTH INC | 3,926 | $829,704 | 0.0% | HOLD |
| 126 | XLUSELECT SECTOR SPDR TR | 17,999 | $825,986 | 0.0% | TRIM −86% |
| 127 | JEFJEFFERIES FINL GROUP INC | 11,843 | $488,754 | 0.0% | TRIM −59% |
| 128 | TTETotalEnergies SE | 5,215 | $474,465 | 0.0% | TRIM −43% |
| 129 | RYROYAL BK CDA | 2,734 | $442,337 | 0.0% | TRIM −29% |
| 130 | BEBLOOM ENERGY CORP | 2,098 | $284,258 | 0.0% | NEW |
| 131 | IWDISHARES TR | 1,147 | $245,082 | 0.0% | TRIM −81% |
| 132 | NTAPNetApp Inc. | 2,142 | $219,319 | 0.0% | HOLD |
| 133 | ARRYARRAY TECHNOLOGIES INC | 10,598 | $76,624 | 0.0% | NEW |
| 134 | TET1 ENERGY INC | 16,483 | $72,360 | 0.0% | NEW |
| 135 | BLDPBALLARD PWR SYS INC NEW | 29,025 | $70,240 | 0.0% | NEW |
| 136 | SHLSSHOALS TECHNOLOGIES GROUP IN | 10,570 | $69,551 | 0.0% | NEW |
| 137 | PLUGPLUG PWR INC | 26,637 | $60,200 | 0.0% | NEW |
| 138 | NRGVENERGY VAULT HOLDINGS INC | 15,409 | $50,850 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MPLXMPLX LP | 2.4M | 2.3M | 2.2M | 2.3M | 2.3M | 2.2M | $128M |
| EPDENTERPRISE PRODS PARTNERS L | 3.2M | 3.3M | 3.4M | 3.1M | 3.1M | 3.2M | $120M |
| ETENERGY TRANSFER L P | 5.6M | 5.0M | 5.2M | 5.4M | 5.2M | 5.2M | $101M |
| JNJJOHNSON & JOHNSON | 419K | 518K | 518K | 519K | 512K | 404K | $99M |
| GSKGSK PLC | 691K | 1.6M | 1.7M | 1.7M | 1.6M | 1.6M | $90M |
| ABBVABBVIE INC | 409K | 405K | 406K | 407K | 401K | 398K | $87M |
| EXCEXELON CORP | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.7M | $83M |
| TRPTC ENERGY CORP | 596K | 595K | 1.2M | 1.1M | 1.1M | 1.3M | $81M |
| COPCONOCOPHILLIPS | 30K | 60K | 56K | 611K | 568K | 610K | $81M |
| STTSTATE STR CORP | — | 475K | 605K | 607K | 600K | 596K | $75M |
| CNQCANADIAN NAT RES LTD | 1.1M | 1.4M | 1.5M | 1.4M | 1.4M | 1.4M | $70M |
| ETRENTERGY CORP NEW | 624K | 602K | 608K | 612K | 619K | 619K | $70M |
| ORIOld Republic Nat'l. Corp. | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 1.7M | $66M |
| EWBCEAST WEST BANCORP INC | 633K | 624K | 624K | 626K | 619K | 612K | $65M |
| WESWESTERN MIDSTREAM PARTNERS L | 1.6M | 1.4M | 1.5M | 1.5M | 1.5M | 1.6M | $65M |
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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