Filed: 10/21/2024ACC: 0001085146-24-005025
📋 What this filing means
CUSHING ASSET MANAGEMENT, LP DBA NXG INVESTMENT MANAGEMENT filed this quarterly 13F‑HR report disclosing 62 equity positions with a total reported market value of $1.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
62
Positions
$1.36B
Total AUM (reported)
38.65M
Total Shares
Allocation by class
COM$678.21M49.9%
COM UT LTD PTN$117.06M8.6%
COM UNIT REP LTD$114.87M8.5%
COM NEW$111.04M8.2%
LTD PARTNR INT A$80.90M6.0%
COMMON STOCK$65.09M4.8%
COM UNIT LP INT$50.33M3.7%
Portfolio Concentration
Top 3$328.34M24.2%
4–10$472.92M34.8%
11–25$423.76M31.2%
Rest$134.23M9.9%
Top 3 weight
24.2%
Top 10 weight
58.9%
Voting Authority Distribution
Total shares with voting rights: 38.65M
Sole
Full voting authority
38.60M
shares
% of voting shares99.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
46.98K
shares
% of voting shares0.1%
Investment Discretion (by position count)
Sole62
Shared0
Other0
Dominant voting typeSole · 99.9% of voting shares
Institutional Holdings62
Rows:
ENERGY TRANSFER L P
SOLEShares7.29M
TypeSH
Market value$117.06M
8.61%
Sole
7.28M
Shared
0.00
None
9.43K
TARGA RES CORP
SOLEShares780.86K
TypeSH
Market value$115.58M
8.50%
Sole
779.70K
Shared
0.00
None
1.17K
CHENIERE ENERGY INC
SOLEShares532.18K
TypeSH
Market value$95.71M
7.04%
Sole
531.41K
Shared
0.00
None
770.00
PLAINS GP HLDGS L P
SOLEShares4.37M
TypeSH
Market value$80.90M
5.95%
Sole
4.37M
Shared
0.00
None
0.00
ONEOK INC NEW
SOLEShares882.67K
TypeSH
Market value$80.44M
5.92%
Sole
881.43K
Shared
0.00
None
1.25K
MPLX LP
SOLEShares1.50M
TypeSH
Market value$66.64M
4.90%
Sole
1.50M
Shared
0.00
None
2.36K
DT MIDSTREAM INC
SOLEShares827.53K
TypeSH
Market value$65.09M
4.79%
Sole
826.39K
Shared
0.00
None
1.14K
KINDER MORGAN INC DEL
SOLEShares2.82M
TypeSH
Market value$62.31M
4.58%
Sole
2.82M
Shared
0.00
None
3.87K
ENTERPRISE PRODS PARTNERS L
SOLEShares2.05M
TypeSH
Market value$59.55M
4.38%
Sole
2.04M
Shared
0.00
None
4.10K
PEMBINA PIPELINE CORP
SOLEShares1.41M
TypeSH
Market value$57.99M
4.27%
Sole
1.40M
Shared
0.00
None
1.99K
TC ENERGY CORP
SOLEShares1.21M
TypeSH
Market value$57.74M
4.25%
Sole
1.21M
Shared
0.00
None
1.64K
WILLIAMS COS INC
SOLEShares1.11M
TypeSH
Market value$50.74M
3.73%
Sole
1.11M
Shared
0.00
None
1.59K
WESTERN MIDSTREAM PARTNERS L
SOLEShares1.32M
TypeSH
Market value$50.33M
3.70%
Sole
1.31M
Shared
0.00
None
1.53K
ENLINK MIDSTREAM LLC
SOLEShares3.32M
TypeSH
Market value$48.24M
3.55%
Sole
3.32M
Shared
0.00
None
4.16K
HESS MIDSTREAM LP
SOLEShares1.32M
TypeSH
Market value$46.69M
3.44%
Sole
1.32M
Shared
0.00
None
845.00
PHILLIPS 66
SOLEShares170.03K
TypeSH
Market value$22.35M
1.64%
Sole
169.79K
Shared
0.00
None
240.00
VISTRA CORP
SOLEShares179K
TypeSH
Market value$21.22M
1.56%
Sole
179K
Shared
0.00
None
0.00
EQT CORP
SOLEShares529.04K
TypeSH
Market value$19.38M
1.43%
Sole
528.18K
Shared
0.00
None
863.00
KINETIK HOLDINGS INC
SOLEShares398.14K
TypeSH
Market value$18.02M
1.33%
Sole
398.14K
Shared
0.00
None
0.00
ANTERO MIDSTREAM CORP
SOLEShares1.03M
TypeSH
Market value$15.44M
1.14%
Sole
1.03M
Shared
0.00
None
0.00
MARATHON PETE CORP
SOLEShares94.66K
TypeSH
Market value$15.42M
1.13%
Sole
94.53K
Shared
0.00
None
130.00
GENESIS ENERGY L P
SOLEShares1.14M
TypeSH
Market value$15.24M
1.12%
Sole
1.14M
Shared
0.00
None
1.51K
CLEARWAY ENERGY INC
SOLEShares476K
TypeSH
Market value$14.60M
1.07%
Sole
476K
Shared
0.00
None
0.00
VIPER ENERGY INC
SOLEShares314.27K
TypeSH
Market value$14.18M
1.04%
Sole
313.53K
Shared
0.00
None
745.00
CONSTELLATION ENERGY CORP
SOLEShares54.50K
TypeSH
Market value$14.17M
1.04%
Sole
54.50K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 7.29M | SH | $117.06M 8.61% | 7.28M | 0.00 | 9.43K |
TARGA RES CORPSOLE | COM | 780.86K | SH | $115.58M 8.50% | 779.70K | 0.00 | 1.17K |
CHENIERE ENERGY INCSOLE | COM NEW | 532.18K | SH | $95.71M 7.04% | 531.41K | 0.00 | 770.00 |
PLAINS GP HLDGS L PSOLE | LTD PARTNR INT A | 4.37M | SH | $80.90M 5.95% | 4.37M | 0.00 | 0.00 |
ONEOK INC NEWSOLE | COM | 882.67K | SH | $80.44M 5.92% | 881.43K | 0.00 | 1.25K |
MPLX LPSOLE | COM UNIT REP LTD | 1.50M | SH | $66.64M 4.90% | 1.50M | 0.00 | 2.36K |
DT MIDSTREAM INCSOLE | COMMON STOCK | 827.53K | SH | $65.09M 4.79% | 826.39K | 0.00 | 1.14K |
KINDER MORGAN INC DELSOLE | COM | 2.82M | SH | $62.31M 4.58% | 2.82M | 0.00 | 3.87K |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 2.05M | SH | $59.55M 4.38% | 2.04M | 0.00 | 4.10K |
PEMBINA PIPELINE CORPSOLE | COM | 1.41M | SH | $57.99M 4.27% | 1.40M | 0.00 | 1.99K |
TC ENERGY CORPSOLE | COM | 1.21M | SH | $57.74M 4.25% | 1.21M | 0.00 | 1.64K |
WILLIAMS COS INCSOLE | COM | 1.11M | SH | $50.74M 3.73% | 1.11M | 0.00 | 1.59K |
WESTERN MIDSTREAM PARTNERS LSOLE | COM UNIT LP INT | 1.32M | SH | $50.33M 3.70% | 1.31M | 0.00 | 1.53K |
ENLINK MIDSTREAM LLCSOLE | COM UNIT REP LTD | 3.32M | SH | $48.24M 3.55% | 3.32M | 0.00 | 4.16K |
HESS MIDSTREAM LPSOLE | CL A SHS | 1.32M | SH | $46.69M 3.44% | 1.32M | 0.00 | 845.00 |
PHILLIPS 66SOLE | COM | 170.03K | SH | $22.35M 1.64% | 169.79K | 0.00 | 240.00 |
VISTRA CORPSOLE | COM | 179K | SH | $21.22M 1.56% | 179K | 0.00 | 0.00 |
EQT CORPSOLE | COM | 529.04K | SH | $19.38M 1.43% | 528.18K | 0.00 | 863.00 |
KINETIK HOLDINGS INCSOLE | COM NEW CL A | 398.14K | SH | $18.02M 1.33% | 398.14K | 0.00 | 0.00 |
ANTERO MIDSTREAM CORPSOLE | COM | 1.03M | SH | $15.44M 1.14% | 1.03M | 0.00 | 0.00 |
MARATHON PETE CORPSOLE | COM | 94.66K | SH | $15.42M 1.13% | 94.53K | 0.00 | 130.00 |
GENESIS ENERGY L PSOLE | UNIT LTD PARTN | 1.14M | SH | $15.24M 1.12% | 1.14M | 0.00 | 1.51K |
CLEARWAY ENERGY INCSOLE | CL C | 476K | SH | $14.60M 1.07% | 476K | 0.00 | 0.00 |
VIPER ENERGY INCSOLE | CL A | 314.27K | SH | $14.18M 1.04% | 313.53K | 0.00 | 745.00 |
CONSTELLATION ENERGY CORPSOLE | COM | 54.50K | SH | $14.17M 1.04% | 54.50K | 0.00 | 0.00 |
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