Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (19 quarters reported)
$2.28B in Q2 2013 → $3.72B now. Hover for any quarter.
As reported for the quarter ended December 31, 2017. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Mplx LP | 7.2% | Trimmed 14% | 7,575,351 | $269M |
| ET Energy Transfer Partners LP | 7.2% | Trimmed 5.1% | 14,927,619 | $268M |
| AL Andeavor Logistics LP | 7.2% | Trimmed 5.0% | 5,783,028 | $267M |
| Targa Resources Corp | 6.3% | Trimmed 11% | 4,807,056 | $233M |
| EP Enterprise Products Partners | 6.1% | Trimmed 26% | 8,564,621 | $227M |
| WP Williams Partners LP | 6.1% | Trimmed 8.5% | 5,846,768 | $227M |
| SE Spectra Energy Partners LP | 5.6% | Added 15% | 5,267,983 | $208M |
| WG Western Gas Partners LP | 5.5% | Added 5.3% | 4,278,382 | $206M |
| EM Enlink Midstream Partners LP | 5.5% | Trimmed 5.7% | 13,231,148 | $203M |
| TP Tc Pipelines LP | 5.1% | Trimmed 11% | 3,602,873 | $191M |
| BP Buckeye Partners LP | 4.8% | Added 2.9% | 3,579,851 | $177M |
| NE Nustar Energy LP | 4.0% | Added 6.6% | 4,964,409 | $149M |
| MM Magellan Midstream Partners | 3.7% | Trimmed 9.8% | 1,951,693 | $138M |
| PA Plains All Amer Pipeline LP | 3.7% | Trimmed 27% | 6,668,977 | $138M |
| DM Dcp Midstream LP | 2.8% | Trimmed 18% | 2,911,680 | $106M |
| O Oneok Inc | 2.4% | Trimmed 7.6% | 1,660,454 | $88.8M |
| P6 Phillips 66 Partners LP | 2.2% | Added 17% | 1,570,473 | $82.2M |
| EE Enbridge Energy Partners LP | 1.9% | Trimmed 23% | 5,024,747 | $69.4M |
| EM Eqt Midstream Partners LP | 1.6% | New | 793,108 | $58M |
| PG Plains Gp Holdings Lp-cl A | 1.1% | New | 1,925,448 | $42.3M |
| NG Nustar Gp Holdings LLC | 1.0% | Added 101% | 2,366,294 | $37.2M |
| SC Semgroup Corp-class A | 1.0% | New | 1,226,875 | $37.1M |
| CE Crestwood Equity Partners LP | 0.8% | Trimmed 39% | 1,155,075 | $29.8M |
| Summit Midstream Partners LP | 0.8% | Unchanged | 1,445,112 | $29.6M |
| UC Usa Compression Partners LP | 0.8% | Trimmed 7.1% | 1,755,626 | $29M |
| WG Western Gas Equity Partners | 0.8% | Trimmed 13% | 753,621 | $28M |
| Martin Midstream Partners LP | 0.7% | Added 0.4% | 1,967,867 | $27.6M |
| EM Enable Midstream Partners LP | 0.6% | Trimmed 23% | 1,587,603 | $22.6M |
| AM Alerian Mlp ETF | 0.5% | Added 2362110% | 1,889,768 | $20.4M |
| VE Valero Energy Partners LP | 0.5% | Trimmed 17% | 451,855 | $20.1M |
| SM Shell Midstream Partners LP | 0.5% | Trimmed 36% | 668,996 | $19.9M |
| DE Dominion Energy Midstream Pa | 0.5% | Trimmed 20% | 622,542 | $19M |
| BP Boardwalk Pipeline Partners | 0.5% | Added 74628% | 1,398,908 | $18.1M |
| EE Enbridge Energy Management L | 0.5% | New | 1,268,745 | $17M |
| Usd Partners LP | 0.3% | New | 968,235 | $10.9M |
| NM Noble Midstream Partners LP | 0.0% | Added 5470% | 32,527 | $1.63M |
| HM Hess Midstream Partners LP | 0.0% | Added 4043% | 34,963 | $693K |
| AM American Midstream Partners | 0.0% | New | 30,000 | $401K |
| SE Southcross Energy Partners L | 0.0% | New | 211,000 | $357K |
| AU Alon Usa Partners LP | 0.0% | New | 10,000 | $170K |
| FN Ft North American Energy Infrastructure ETF | 0.0% | New | 3,985 | $98K |
| WC Williams Co Inc | 0.0% | Added 0.7% | 1,554 | $47K |
| Kinder Morgan Inc | 0.0% | Added 3.6% | 1,498 | $27K |
| ET Energy Transfer Equity Partners LP | 0.0% | New | 1,120 | $19K |
| AM Antero Midstream Partners LP | 0.0% | Trimmed 100% | 80 | $2K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended December 31, 2017 · filed February 02, 2018
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| EP Enterprise Products Partners | Trimmed | −2,944,736 | −$78.1M | 6.1% |
| EM Eqt Midstream Partners LP | New | +793,108 | +$58M | 1.6% |
| PA Plains All Amer Pipeline LP | Trimmed | −2,486,827 | −$51.3M | 3.7% |
| Mplx LP | Trimmed | −1,217,278 | −$43.2M | 7.2% |
| PG Plains Gp Holdings Lp-cl A | New | +1,925,448 | +$42.3M | 1.1% |
| SC Semgroup Corp-class A | New | +1,226,875 | +$37.1M | 1.0% |
| Targa Resources Corp | Trimmed | −590,548 | −$28.6M | 6.3% |
| SE Spectra Energy Partners LP | Added | +702,908 | +$27.8M | 5.6% |
| TP Tc Pipelines LP | Trimmed | −431,950 | −$22.9M | 5.1% |
| PL Pbf Logistics LP | Exited | −1,087,920 | −$22.8M | — |
Showing the 10 largest of 49 changes.
quarter ended September 30, 2017 · filed November 06, 2017
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| AL Andeavor Logistics Partners LP | New | +6,085,134 | +$305M | 7.6% |
| TL Tesoro Logistics LP | Exited | −5,765,784 | −$298M | — |
| OP Oneok Partners LP | Exited | −1,956,431 | −$99.9M | — |
| O Oneok Inc. | New | +1,796,060 | +$99.5M | 2.5% |
| WG Western Gas Partners LP | Added | +1,629,760 | +$83.6M | 5.2% |
| WP Williams Partners LP | Added | +1,817,243 | +$70.7M | 6.2% |
| SM Shell Midstream Partners LP | Trimmed | −1,140,000 | −$31.7M | 0.7% |
| ET Energy Transfer Partners LP | Added | +1,356,947 | +$24.8M | 7.1% |
| BP Buckeye Partners LP | Added | +414,445 | +$23.6M | 4.9% |
| PA Plains All Amer Pipeline LP | Added | +1,056,634 | +$22.4M | 4.8% |
Showing the 10 largest of 44 changes.
quarter ended June 30, 2017 · filed July 28, 2017
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| ET Energy Transfer Partners LP | New | +14,375,138 | +$293M | 7.5% |
| WP Williams Partners LP | New | +4,570,385 | +$183M | 4.7% |
| SL Sunoco Logistics Partners LP | Exited | −7,125,731 | −$174M | — |
| ET Energy Transfer Partners LP | Exited | −4,094,895 | −$150M | — |
| Targa Resources Corp | Added | +1,252,133 | +$56.6M | 6.3% |
| BP Buckeye Partners LP | Trimmed | −881,820 | −$56.4M | 5.0% |
| EE Enbridge Energy Partners LP | Added | +2,256,010 | +$36.1M | 2.4% |
| P6 Phillips 66 Partners LP | Trimmed | −639,309 | −$31.6M | 1.7% |
| EP Enterprise Products Partners | Trimmed | −1,082,920 | −$29.3M | 7.7% |
| SM Shell Midstream Partners LP | Trimmed | −858,315 | −$26M | 1.7% |
Showing the 10 largest of 42 changes.
quarter ended March 31, 2017 · filed May 08, 2017
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| EE Enbridge Energy Partners LP | New | +3,750,770 | +$71.3M | 1.7% |
| P6 Phillips 66 Partners LP | Trimmed | −1,121,563 | −$57.6M | 2.4% |
| PA Plains All Amer Pipeline LP | Added | +994,904 | +$31.4M | 5.4% |
| Martin Midstream Partners LP | Added | +1,474,137 | +$29.5M | 0.8% |
| CE Crestwood Equity Partners LP | Added | +1,093,092 | +$28.7M | 1.5% |
| SE Spectra Energy Partners LP | Added | +594,416 | +$26M | 5.2% |
| S Sunoco LP | Exited | −560,149 | −$15.1M | — |
| OP Oneok Partners LP | Trimmed | −272,309 | −$14.7M | 2.6% |
| TL Tesoro Logistics LP | Trimmed | −242,615 | −$13.2M | 7.9% |
| SL Sunoco Logistics Partners LP | Added | +509,113 | +$12.4M | 4.2% |
Showing the 10 largest of 39 changes.
quarter ended December 31, 2016 · filed February 03, 2017
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| ET Energy Transfer Partners LP | New | +3,988,161 | +$143M | 3.6% |
| BP Buckeye Partners LP | Added | +907,389 | +$60M | 6.5% |
| CP Columbia Pipeline Partners LP | Trimmed | −3,079,945 | −$52.8M | — |
| Targa Resources Corp | Trimmed | −937,665 | −$52.6M | 5.9% |
| SE Spectra Energy Partners LP | Added | +764,560 | +$35M | 5.1% |
| CE Crestwood Equity Partners LP | New | +1,329,549 | +$34M | 0.9% |
| PA Plains All Amer Pipeline LP | Trimmed | −1,001,014 | −$32.3M | 5.0% |
| UC Usa Compression Partners LP | New | +1,809,709 | +$31.3M | 0.8% |
| EM Enable Midstream Partners LP | New | +1,851,107 | +$29.1M | 0.7% |
| EP Enterprise Products Partners | Added | +1,028,824 | +$27.8M | 8.7% |
Showing the 10 largest of 37 changes.
quarter ended September 30, 2016 · filed November 09, 2016
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| OP Oneok Partners LP | Trimmed | −2,618,959 | −$105M | 3.1% |
| PA Plains All Amer Pipeline LP | Trimmed | −3,205,521 | −$101M | 6.0% |
| TL Tesoro Logistics LP | Added | +1,615,834 | +$78.3M | 8.7% |
| Mplx LP | Added | +2,190,017 | +$74.2M | 8.7% |
| KM Kinder Morgan 9.75% Series A | Exited | −1,350,000 | −$65.9M | — |
| NE Nustar Energy LP | Added | +977,692 | +$48.5M | 5.7% |
| EP Enterprise Products Partners LP | Added | +1,724,012 | +$47.6M | 8.6% |
| EM Eqt Midstream Partners LP | Trimmed | −600,228 | −$45.7M | 0.1% |
| TP Tc Pipelines LP | Added | +686,573 | +$39.2M | 6.3% |
| WG Western Gas Equity Partners LP | Added | +890,671 | +$37.8M | 1.0% |
Showing the 10 largest of 33 changes.
quarter ended June 30, 2016 · filed July 22, 2016
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| P6 Phillips 66 Partners LP | Added | +1,473,303 | +$82.3M | 4.0% |
| Targa Resources Corp | Trimmed | −1,171,550 | −$49.4M | 6.1% |
| OP Oneok Partners LP | Trimmed | −1,229,071 | −$49.2M | 6.2% |
| SE Spectra Energy Partners LP | Added | +1,009,209 | +$47.6M | 5.4% |
| TL Tesoro Logistics LP | Added | +860,316 | +$42.6M | 7.1% |
| WG Western Gas Partners LP | Trimmed | −746,750 | −$37.6M | 4.6% |
| EM Eqt Midstream Partners LP | Trimmed | −463,812 | −$37.2M | 1.5% |
| WC Williams Cos Inc | Exited | −1,950,686 | −$31.3M | — |
| BP Buckeye Partners LP | Added | +364,002 | +$25.6M | 5.2% |
| SM Shell Midstream Partners LP | Added | +746,209 | +$25.2M | 2.3% |
Showing the 10 largest of 33 changes.
quarter ended March 31, 2016 · filed April 20, 2016
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| WP Williams Partners LP | Exited | −7,725,143 | −$215M | — |
| TP Tc Pipelines LP | New | +6,378,999 | +$190M | 6.5% |
| TR Targa Resources Partners LP | Exited | −10,720,011 | −$177M | — |
| DM Dominion Midstream Partners | Added | +2,704,550 | +$73.6M | 2.8% |
| Mplx LP | Added | +2,219,529 | +$65.9M | 7.3% |
| Martin Midstream Partners LP | Added | +435,782 | +$30M | 4.1% |
| WG Western Gas Partners LP | Trimmed | −799,596 | −$28.7M | — |
| EM Eqt Midstream Partners LP | Added | +370,486 | +$27.6M | 2.8% |
| SL Sunoco Logistics Partners LP | Trimmed | −1,078,159 | −$27M | 3.9% |
| NE Nustar Energy LP | Added | +627,507 | +$25.4M | 4.3% |
Showing the 10 largest of 40 changes.
Loading...
