Filed: 7/22/2024ACC: 0001085146-24-003145
📋 What this filing means
CUSHING ASSET MANAGEMENT, LP DBA NXG INVESTMENT MANAGEMENT filed this quarterly 13F‑HR report disclosing 58 equity positions with a total reported market value of $1.26B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
58
Positions
$1.26B
Total AUM (reported)
40.63M
Total Shares
Allocation by class
COM$640.41M50.8%
COM UT LTD PTN$109.61M8.7%
COM NEW$93.19M7.4%
COM UNIT REP LTD$89.12M7.1%
LTD PARTNR INT A$81.30M6.4%
COMMON STOCK$62.33M4.9%
COM UNIT LP INT$47.49M3.8%
Portfolio Concentration
Top 3$304.08M24.1%
4–10$443.39M35.2%
11–25$421.21M33.4%
Rest$92.68M7.3%
Top 3 weight
24.1%
Top 10 weight
59.3%
Voting Authority Distribution
Total shares with voting rights: 40.63M
Sole
Full voting authority
40.58M
shares
% of voting shares99.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
48.38K
shares
% of voting shares0.1%
Investment Discretion (by position count)
Sole58
Shared0
Other0
Dominant voting typeSole · 99.9% of voting shares
Institutional Holdings58
Rows:
ENERGY TRANSFER L P
SOLEShares6.76M
TypeSH
Market value$109.61M
8.69%
Sole
6.75M
Shared
0.00
None
8.21K
TARGA RES CORP
SOLEShares843.34K
TypeSH
Market value$108.61M
8.61%
Sole
842.04K
Shared
0.00
None
1.30K
CHENIERE ENERGY INC
SOLEShares491.18K
TypeSH
Market value$85.87M
6.81%
Sole
490.46K
Shared
0.00
None
720.00
PLAINS GP HLDGS L P
SOLEShares4.32M
TypeSH
Market value$81.30M
6.45%
Sole
4.32M
Shared
0.00
None
0.00
ONEOK INC NEW
SOLEShares850.93K
TypeSH
Market value$69.39M
5.50%
Sole
849.68K
Shared
0.00
None
1.26K
KINDER MORGAN INC DEL
SOLEShares3.18M
TypeSH
Market value$63.15M
5.01%
Sole
3.18M
Shared
0.00
None
2.74K
DT MIDSTREAM INC
SOLEShares877.59K
TypeSH
Market value$62.33M
4.94%
Sole
877.10K
Shared
0.00
None
485.00
WILLIAMS COS INC
SOLEShares1.40M
TypeSH
Market value$59.63M
4.73%
Sole
1.40M
Shared
0.00
None
2.13K
MPLX LP
SOLEShares1.28M
TypeSH
Market value$54.56M
4.33%
Sole
1.28M
Shared
0.00
None
2.38K
PEMBINA PIPELINE CORP
SOLEShares1.43M
TypeSH
Market value$53.02M
4.20%
Sole
1.43M
Shared
0.00
None
1.71K
EQUITRANS MIDSTREAM CORP
SOLEShares4.08M
TypeSH
Market value$52.96M
4.20%
Sole
4.07M
Shared
0.00
None
5.32K
ENTERPRISE PRODS PARTNERS L
SOLEShares1.76M
TypeSH
Market value$50.92M
4.04%
Sole
1.75M
Shared
0.00
None
4.14K
WESTERN MIDSTREAM PARTNERS L
SOLEShares1.20M
TypeSH
Market value$47.49M
3.76%
Sole
1.19M
Shared
0.00
None
1.83K
HESS MIDSTREAM LP
SOLEShares1.27M
TypeSH
Market value$46.45M
3.68%
Sole
1.27M
Shared
0.00
None
845.00
ENLINK MIDSTREAM LLC
SOLEShares2.51M
TypeSH
Market value$34.56M
2.74%
Sole
2.51M
Shared
0.00
None
3.96K
PHILLIPS 66
SOLEShares236.06K
TypeSH
Market value$33.32M
2.64%
Sole
235.79K
Shared
0.00
None
265.00
TC ENERGY CORP
SOLEShares856.66K
TypeSH
Market value$32.47M
2.57%
Sole
856.05K
Shared
0.00
None
610.00
MARATHON PETE CORP
SOLEShares128.29K
TypeSH
Market value$22.26M
1.76%
Sole
128.03K
Shared
0.00
None
265.00
ENBRIDGE INC
SOLEShares562.70K
TypeSH
Market value$20.03M
1.59%
Sole
561.55K
Shared
0.00
None
1.15K
GENESIS ENERGY L P
SOLEShares1.16M
TypeSH
Market value$16.55M
1.31%
Sole
1.16M
Shared
0.00
None
1.33K
ANTERO MIDSTREAM CORP
SOLEShares1.10M
TypeSH
Market value$16.17M
1.28%
Sole
1.10M
Shared
0.00
None
0.00
KINETIK HOLDINGS INC
SOLEShares344.14K
TypeSH
Market value$14.26M
1.13%
Sole
344.14K
Shared
0.00
None
0.00
CLEARWAY ENERGY INC
SOLEShares491K
TypeSH
Market value$12.12M
0.96%
Sole
491K
Shared
0.00
None
0.00
VIPER ENERGY INC
SOLEShares304.05K
TypeSH
Market value$11.41M
0.90%
Sole
303.30K
Shared
0.00
None
755.00
VISTRA CORP
SOLEShares119K
TypeSH
Market value$10.23M
0.81%
Sole
119K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 6.76M | SH | $109.61M 8.69% | 6.75M | 0.00 | 8.21K |
TARGA RES CORPSOLE | COM | 843.34K | SH | $108.61M 8.61% | 842.04K | 0.00 | 1.30K |
CHENIERE ENERGY INCSOLE | COM NEW | 491.18K | SH | $85.87M 6.81% | 490.46K | 0.00 | 720.00 |
PLAINS GP HLDGS L PSOLE | LTD PARTNR INT A | 4.32M | SH | $81.30M 6.45% | 4.32M | 0.00 | 0.00 |
ONEOK INC NEWSOLE | COM | 850.93K | SH | $69.39M 5.50% | 849.68K | 0.00 | 1.26K |
KINDER MORGAN INC DELSOLE | COM | 3.18M | SH | $63.15M 5.01% | 3.18M | 0.00 | 2.74K |
DT MIDSTREAM INCSOLE | COMMON STOCK | 877.59K | SH | $62.33M 4.94% | 877.10K | 0.00 | 485.00 |
WILLIAMS COS INCSOLE | COM | 1.40M | SH | $59.63M 4.73% | 1.40M | 0.00 | 2.13K |
MPLX LPSOLE | COM UNIT REP LTD | 1.28M | SH | $54.56M 4.33% | 1.28M | 0.00 | 2.38K |
PEMBINA PIPELINE CORPSOLE | COM | 1.43M | SH | $53.02M 4.20% | 1.43M | 0.00 | 1.71K |
EQUITRANS MIDSTREAM CORPSOLE | COM | 4.08M | SH | $52.96M 4.20% | 4.07M | 0.00 | 5.32K |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 1.76M | SH | $50.92M 4.04% | 1.75M | 0.00 | 4.14K |
WESTERN MIDSTREAM PARTNERS LSOLE | COM UNIT LP INT | 1.20M | SH | $47.49M 3.76% | 1.19M | 0.00 | 1.83K |
HESS MIDSTREAM LPSOLE | CL A SHS | 1.27M | SH | $46.45M 3.68% | 1.27M | 0.00 | 845.00 |
ENLINK MIDSTREAM LLCSOLE | COM UNIT REP LTD | 2.51M | SH | $34.56M 2.74% | 2.51M | 0.00 | 3.96K |
PHILLIPS 66SOLE | COM | 236.06K | SH | $33.32M 2.64% | 235.79K | 0.00 | 265.00 |
TC ENERGY CORPSOLE | COM | 856.66K | SH | $32.47M 2.57% | 856.05K | 0.00 | 610.00 |
MARATHON PETE CORPSOLE | COM | 128.29K | SH | $22.26M 1.76% | 128.03K | 0.00 | 265.00 |
ENBRIDGE INCSOLE | COM | 562.70K | SH | $20.03M 1.59% | 561.55K | 0.00 | 1.15K |
GENESIS ENERGY L PSOLE | UNIT LTD PARTN | 1.16M | SH | $16.55M 1.31% | 1.16M | 0.00 | 1.33K |
ANTERO MIDSTREAM CORPSOLE | COM | 1.10M | SH | $16.17M 1.28% | 1.10M | 0.00 | 0.00 |
KINETIK HOLDINGS INCSOLE | COM NEW CL A | 344.14K | SH | $14.26M 1.13% | 344.14K | 0.00 | 0.00 |
CLEARWAY ENERGY INCSOLE | CL C | 491K | SH | $12.12M 0.96% | 491K | 0.00 | 0.00 |
VIPER ENERGY INCSOLE | CL A | 304.05K | SH | $11.41M 0.90% | 303.30K | 0.00 | 755.00 |
VISTRA CORPSOLE | COM | 119K | SH | $10.23M 0.81% | 119K | 0.00 | 0.00 |
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