Q2 2023 · 13F-HR
Recurrent Investment Advisors LLCholdings as filed
Filed 2023-08-14 · accession 0001420506-23-001574
$590.8M
Reported value
53
Positions
2023-06-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 15135U109 | CVE | CENOVUS ENERGY INC | $44.8M | 7.58% | 2,562,060 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $42.2M | 7.14% | 3,323,461 | Common | SOLE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $39.4M | 6.67% | 2,656,107 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $33.8M | 5.72% | 1,062,940 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $31.6M | 5.35% | 1,049,419 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $30.0M | 5.08% | 257,566 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $29.8M | 5.05% | 195,635 | Common | SOLE |
| 718546104 | PSX | PHILLIPS 66 | $29.1M | 4.92% | 304,689 | Common | SOLE |
| 958669103 | WES | WESTERN MIDSTREAM PARTNERS L | $27.8M | 4.70% | 1,047,735 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $27.6M | 4.66% | 234,942 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $26.9M | 4.56% | 1,022,751 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $26.7M | 4.52% | 351,108 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $25.1M | 4.24% | 767,853 | Common | SOLE |
| 294600101 | ETRNUSD | EQUITRANS MIDSTREAM CORP | $23.8M | 4.03% | 2,492,235 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $23.0M | 3.90% | 1,338,515 | Common | SOLE |
| 92763M105 | — | VIPER ENERGY PARTNERS LP | $22.9M | 3.87% | 852,597 | Common | SOLE |
| 559080106 | WEP | MAGELLAN MIDSTREAM PRTNRS LP | $16.2M | 2.75% | 260,531 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $13.0M | 2.19% | 701,284 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $12.2M | 2.06% | 327,571 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $7.4M | 1.25% | 183,379 | Common | SOLE |
| 86765K109 | SUN | SUNOCO LP/SUNOCO FIN CORP | $7.1M | 1.21% | 164,102 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $5.3M | 0.90% | 94,964 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $3.3M | 0.55% | 41,855 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.9M | 0.50% | 73,308 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $2.5M | 0.42% | 15,076 | Common | SOLE |
| 03938L203 | MT | ARCELORMITTAL SA LUXEMBOURG | $2.4M | 0.41% | 96,948 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $2.4M | 0.40% | 69,483 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $2.3M | 0.39% | 22,318 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $2.3M | 0.39% | 97,423 | Common | SOLE |
| 89151E109 | TTEN | TOTALENERGIES SE | $2.1M | 0.36% | 36,995 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $2.0M | 0.34% | 33,974 | Common | SOLE |
| 067901108 | ABX | BARRICK GOLD CORP | $2.0M | 0.34% | 90,513 | Common | SOLE |
| 693483109 | PKX | POSCO HOLDINGS INC | $2.0M | 0.34% | 26,992 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $1.7M | 0.30% | 16,740 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $1.7M | 0.28% | 14,046 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $1.6M | 0.27% | 27,908 | Common | SOLE |
| 260557103 | DOW | DOW INC | $1.5M | 0.26% | 28,335 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $1.5M | 0.25% | 34,536 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.3M | 0.22% | 11,991 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $1.2M | 0.21% | 19,242 | Common | SOLE |
| 96145D105 | WRKUSD | WESTROCK CO | $1.1M | 0.19% | 37,749 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $1.0M | 0.17% | 31,259 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $999,871 | 0.17% | 29,838 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $972,096 | 0.16% | 15,239 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $662,283 | 0.11% | 8,765 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $655,554 | 0.11% | 48,849 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $638,522 | 0.11% | 20,073 | Common | SOLE |
| 055622104 | BP | BP PLC | $590,863 | 0.10% | 128,230 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO NEW | $420,910 | 0.07% | 12,026 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $395,008 | 0.07% | 6,400 | Common | SOLE |
| 626755102 | MUSA | MURPHY USA INC | $357,777 | 0.06% | 1,150 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $211,621 | 0.04% | 1,611 | Common | SOLE |
| 65341B106 | XIFR | NEXTERA ENERGY PARTNERS LP | $205,240 | 0.03% | 3,500 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.