Q3 2023 · 13F-HR
Recurrent Investment Advisors LLCholdings as filed
Filed 2023-11-14 · accession 0001420506-23-002065
$681.0M
Reported value
51
Positions
2023-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 15135U109 | CVE | CENOVUS ENERGY INC | $55.1M | 8.09% | 2,562,586 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $49.3M | 7.24% | 3,513,544 | Common | SOLE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $44.6M | 6.56% | 2,771,107 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $39.9M | 5.86% | 1,128,581 | Common | SOLE |
| 718546104 | PSX | PHILLIPS 66 | $37.8M | 5.55% | 314,466 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $36.9M | 5.41% | 1,212,978 | Common | SOLE |
| 294600101 | ETRNUSD | EQUITRANS MIDSTREAM CORP | $36.3M | 5.33% | 3,875,686 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $35.7M | 5.25% | 236,186 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $34.9M | 5.12% | 210,135 | Common | SOLE |
| 958669103 | WES | WESTERN MIDSTREAM PARTNERS L | $32.1M | 4.72% | 1,179,418 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $31.8M | 4.67% | 224,644 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $30.7M | 4.51% | 1,122,751 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $29.9M | 4.39% | 348,508 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $28.6M | 4.20% | 1,723,515 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $28.5M | 4.19% | 846,993 | Common | SOLE |
| 92763M105 | — | VIPER ENERGY PARTNERS LP | $23.7M | 3.47% | 848,697 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $16.6M | 2.43% | 735,784 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $12.9M | 1.89% | 387,571 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $11.3M | 1.66% | 178,148 | Common | SOLE |
| 86765K109 | SUN | SUNOCO LP/SUNOCO FIN CORP | $9.0M | 1.32% | 184,308 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $6.3M | 0.93% | 183,379 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $5.5M | 0.81% | 95,002 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $3.5M | 0.52% | 41,870 | Common | SOLE |
| 03938L203 | MT | ARCELORMITTAL SA LUXEMBOURG | $3.0M | 0.45% | 128,015 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $2.8M | 0.41% | 95,532 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.7M | 0.40% | 73,308 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $2.4M | 0.35% | 15,082 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $2.2M | 0.33% | 18,718 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $2.2M | 0.33% | 84,761 | Common | SOLE |
| 89151E109 | TTEN | TOTALENERGIES SE | $2.0M | 0.29% | 29,995 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $1.9M | 0.28% | 33,991 | Common | SOLE |
| 067901108 | ABX | BARRICK GOLD CORP | $1.8M | 0.26% | 90,574 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $1.8M | 0.26% | 14,059 | Common | SOLE |
| 260557103 | DOW | DOW INC | $1.5M | 0.21% | 28,364 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $1.4M | 0.21% | 27,925 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.4M | 0.21% | 12,001 | Common | SOLE |
| 96145D105 | WRKUSD | WESTROCK CO | $1.4M | 0.20% | 37,757 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $1.3M | 0.19% | 34,547 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $1.3M | 0.19% | 31,319 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $1.2M | 0.18% | 19,249 | Common | SOLE |
| 693483109 | PKX | POSCO HOLDINGS INC | $1.1M | 0.17% | 10,974 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $1.1M | 0.16% | 16,754 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $915,232 | 0.13% | 29,851 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $796,415 | 0.12% | 15,257 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $712,238 | 0.10% | 20,080 | Common | SOLE |
| 055622104 | BP | BP PLC | $691,702 | 0.10% | 129,611 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $661,358 | 0.10% | 8,769 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $654,938 | 0.10% | 48,876 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO NEW | $428,375 | 0.06% | 12,033 | Common | SOLE |
| 626755102 | MUSA | MURPHY USA INC | $392,990 | 0.06% | 1,150 | Common | SOLE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOUR I | $246,744 | 0.04% | 950 | 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.