Q4 2023 · 13F-HR
Recurrent Investment Advisors LLCholdings as filed
Filed 2024-02-14 · accession 0001420506-24-000365
$681.7M
Reported value
44
Positions
2023-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 29273V100 | ET | ENERGY TRANSFER L P | $50.6M | 7.43% | 3,667,810 | Common | SOLE |
| 294600101 | ETRNUSD | EQUITRANS MIDSTREAM CORP | $47.4M | 6.95% | 4,652,993 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $46.3M | 6.79% | 1,345,011 | Common | SOLE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $44.2M | 6.49% | 2,773,252 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $41.6M | 6.10% | 2,498,235 | Common | SOLE |
| 958669103 | WES | WESTERN MIDSTREAM PARTNERS L | $41.0M | 6.02% | 1,402,477 | Common | SOLE |
| 718546104 | PSX | PHILLIPS 66 | $40.9M | 6.00% | 306,944 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $35.8M | 5.25% | 209,743 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $35.1M | 5.15% | 1,096,261 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $32.7M | 4.79% | 1,852,516 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $30.9M | 4.54% | 1,173,659 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $30.3M | 4.44% | 348,771 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $29.5M | 4.33% | 846,620 | Common | SOLE |
| 927959106 | VNOMUSD | VIPER ENERGY INC | $27.1M | 3.98% | 864,593 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $25.9M | 3.80% | 174,710 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $22.7M | 3.33% | 323,464 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $22.3M | 3.27% | 171,705 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $15.6M | 2.29% | 736,257 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $14.0M | 2.05% | 387,910 | Common | SOLE |
| 86765K109 | SUN | SUNOCO LP/SUNOCO FIN CORP | $11.1M | 1.62% | 184,436 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $7.2M | 1.05% | 183,022 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $2.9M | 0.43% | 86,019 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.8M | 0.41% | 66,028 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $2.4M | 0.35% | 13,584 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $2.1M | 0.31% | 30,599 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $2.0M | 0.29% | 16,862 | Common | SOLE |
| 89151E109 | TTEN | TOTALENERGIES SE | $1.8M | 0.27% | 27,021 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $1.4M | 0.21% | 10,161 | Common | SOLE |
| 96145D105 | WRKUSD | WESTROCK CO | $1.4M | 0.21% | 34,003 | Common | SOLE |
| 260557103 | DOW | DOW INC | $1.4M | 0.21% | 25,533 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $1.3M | 0.19% | 17,328 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $1.3M | 0.19% | 31,114 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.1M | 0.16% | 10,818 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $1.0M | 0.15% | 28,223 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $951,109 | 0.14% | 15,085 | Common | SOLE |
| 693483109 | PKX | POSCO HOLDINGS INC | $939,592 | 0.14% | 9,879 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $934,339 | 0.14% | 26,872 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $735,489 | 0.11% | 14,757 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $697,840 | 0.10% | 44,000 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $653,447 | 0.10% | 18,076 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $570,105 | 0.08% | 7,894 | Common | SOLE |
| 626755102 | MUSA | MURPHY USA INC | $410,044 | 0.06% | 1,150 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO NEW | $387,027 | 0.06% | 10,832 | Common | SOLE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOUR I | $321,974 | 0.05% | 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.