Q1 2025 · 13F-HR
Recurrent Investment Advisors LLCholdings as filed
Filed 2025-05-15 · accession 0001420506-25-001207
$1.18B
Reported value
65
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 29273V100 | ET | ENERGY TRANSFER L P | $87.8M | 7.44% | 4,725,234 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $86.2M | 7.30% | 372,462 | Common | SOLE |
| 706327103 | PBA | PEMBINA PIPELINE CORP | $79.6M | 6.75% | 1,982,211 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $71.7M | 6.07% | 357,709 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $70.8M | 6.00% | 4,897,021 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $70.3M | 5.96% | 1,787,491 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $67.2M | 5.69% | 677,349 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $58.8M | 4.98% | 1,723,317 | Common | SOLE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $57.7M | 4.89% | 2,700,980 | Common | SOLE |
| 958669103 | WES | WESTERN MIDSTREAM PARTNERS L | $55.6M | 4.71% | 1,357,630 | Common | SOLE |
| 86765K109 | SUN | SUNOCO LP/SUNOCO FIN CORP | $54.2M | 4.59% | 932,862 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $53.8M | 4.56% | 1,885,726 | Common | SOLE |
| 718546104 | PSX | PHILLIPS 66 | $51.3M | 4.35% | 415,614 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $50.9M | 4.31% | 851,524 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $36.0M | 3.05% | 1,319,900 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $33.8M | 2.86% | 350,178 | Common | SOLE |
| 69318G106 | PBF | PBF ENERGY INC | $27.9M | 2.37% | 1,463,615 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $26.9M | 2.28% | 184,399 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $23.7M | 2.01% | 179,367 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $20.5M | 1.74% | 463,550 | Common | SOLE |
| 927959106 | VNOMUSD | VIPER ENERGY INC | $15.6M | 1.32% | 345,141 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $10.6M | 0.90% | 223,890 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $6.2M | 0.53% | 52,131 | Common | SOLE |
| 067901108 | ABX | BARRICK GOLD CORP | $5.1M | 0.43% | 215,128 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $3.7M | 0.31% | 76,587 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $3.6M | 0.30% | 50,060 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $3.5M | 0.30% | 21,153 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $3.5M | 0.30% | 33,215 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.8M | 0.24% | 73,332 | Common | SOLE |
| 42809H107 | HES | HESS CORP | $2.7M | 0.23% | 17,042 | Common | SOLE |
| 81211K100 | SDA | SEALED AIR CORP NEW | $2.6M | 0.22% | 89,853 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $2.5M | 0.22% | 21,122 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $2.1M | 0.18% | 47,097 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $1.8M | 0.16% | 72,264 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $1.8M | 0.15% | 59,020 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $1.8M | 0.15% | 18,098 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $1.6M | 0.14% | 53,291 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $1.5M | 0.13% | 9,670 | Common | SOLE |
| 576485205 | MTDR | MATADOR RES CO | $1.5M | 0.13% | 29,818 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $1.5M | 0.12% | 52,088 | Common | SOLE |
| 03938L203 | MT | ARCELORMITTAL SA LUXEMBOURG | $1.4M | 0.12% | 53,072 | Common | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $1.4M | 0.12% | 33,176 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $1.3M | 0.11% | 27,385 | Common | SOLE |
| 693483109 | PKX | POSCO HOLDINGS INC | $1.2M | 0.10% | 24,951 | Common | SOLE |
| 012653101 | ALB | ALBEMARLE CORP | $1.1M | 0.09% | 15,220 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $1.1M | 0.09% | 9,647 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $995,619 | 0.08% | 31,870 | Common | SOLE |
| 260557103 | DOW | DOW INC | $986,909 | 0.08% | 28,262 | Common | SOLE |
| 89151E109 | TTEN | TOTALENERGIES SE | $972,808 | 0.08% | 15,038 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $932,261 | 0.08% | 15,517 | Common | SOLE |
| 626755102 | MUSA | MURPHY USA INC | $859,752 | 0.07% | 1,830 | Common | SOLE |
| 962166104 | WY | WEYERHAEUSER CO MTN BE | $703,891 | 0.06% | 24,040 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO NEW | $674,089 | 0.06% | 24,957 | Common | SOLE |
| 125269100 | CF | CF INDS HLDGS INC | $606,757 | 0.05% | 7,764 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $594,136 | 0.05% | 4,633 | Common | SOLE |
| 228368106 | CCK | CROWN HLDGS INC | $575,370 | 0.05% | 6,446 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $569,987 | 0.05% | 13,510 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $530,807 | 0.04% | 11,780 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $519,555 | 0.04% | 4,424 | Common | SOLE |
| 055622104 | BP | BP PLC | $489,198 | 0.04% | 111,818 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $481,477 | 0.04% | 1,007 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $434,109 | 0.04% | 2,153 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $392,982 | 0.03% | 39,377 | Common | SOLE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $340,487 | 0.03% | 7,092 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $277,665 | 0.02% | 6,746 | 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.