Filed: 5/15/2023ACC: 0001315863-23-000529
📋 What this filing means
CUSHING ASSET MANAGEMENT, LP DBA NXG INVESTMENT MANAGEMENT filed this quarterly 13F‑HR report disclosing 74 equity positions with a total reported market value of $993.52M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
74
Positions
$993.52M
Total AUM (reported)
44.73M
Total Shares
Allocation by class
COM$432.10M43.5%
COM UT LTD PTN$82.97M8.4%
COM UNIT REP LTD$73.14M7.4%
LTD PARTNR INT A$72.21M7.3%
COM NEW$70.90M7.1%
COM UNIT LP INT$31.26M3.1%
UNIT LTD PARTNER$30.05M3.0%
Portfolio Concentration
Top 3$243.05M24.5%
4–10$315.26M31.7%
11–25$325.21M32.7%
Rest$110.00M11.1%
Top 3 weight
24.5%
Top 10 weight
56.2%
Voting Authority Distribution
Total shares with voting rights: 44.73M
Sole
Full voting authority
44.69M
shares
% of voting shares99.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
44.38K
shares
% of voting shares0.1%
Investment Discretion (by position count)
Sole27
Shared0
Other47
Dominant voting typeSole · 99.9% of voting shares
Institutional Holdings74
Rows:
TARGA RES CORP
DFNDShares1.20M
TypeSH
Market value$87.87M
8.84%
Sole
1.20M
Shared
0.00
None
1.38K
ENERGY TRANSFER L P
DFNDShares6.65M
TypeSH
Market value$82.97M
8.35%
Sole
6.65M
Shared
0.00
None
7.94K
PLAINS GP HLDGS L P
DFNDShares5.50M
TypeSH
Market value$72.21M
7.27%
Sole
5.50M
Shared
0.00
None
0.00
CHENIERE ENERGY INC
DFNDShares418.42K
TypeSH
Market value$65.94M
6.64%
Sole
417.84K
Shared
0.00
None
575.00
PEMBINA PIPELINE CORP
DFNDShares1.41M
TypeSH
Market value$45.78M
4.61%
Sole
1.41M
Shared
0.00
None
1.36K
ENTERPRISE PRODS PARTNERS L
DFNDShares1.72M
TypeSH
Market value$44.66M
4.50%
Sole
1.72M
Shared
0.00
None
2.90K
MPLX LP
DFNDShares1.18M
TypeSH
Market value$40.78M
4.10%
Sole
1.18M
Shared
0.00
None
2.38K
WILLIAMS COS INC
DFNDShares1.36M
TypeSH
Market value$40.56M
4.08%
Sole
1.36M
Shared
0.00
None
1.48K
KINDER MORGAN INC DEL
DFNDShares2.23M
TypeSH
Market value$38.97M
3.92%
Sole
2.22M
Shared
0.00
None
2.75K
MARATHON PETE CORP
DFNDShares286.05K
TypeSH
Market value$38.57M
3.88%
Sole
285.67K
Shared
0.00
None
380.00
ONEOK INC NEW
DFNDShares602.90K
TypeSH
Market value$38.31M
3.86%
Sole
602.10K
Shared
0.00
None
800.00
ENLINK MIDSTREAM LLC
DFNDShares2.99M
TypeSH
Market value$32.36M
3.26%
Sole
2.98M
Shared
0.00
None
3.55K
WESTERN MIDSTREAM PARTNERS L
DFNDShares1.19M
TypeSH
Market value$31.26M
3.15%
Sole
1.18M
Shared
0.00
None
2.35K
CRESTWOOD EQUITY PARTNERS LP
DFNDShares1.21M
TypeSH
Market value$30.05M
3.02%
Sole
1.20M
Shared
0.00
None
1.63K
DT MIDSTREAM INC
DFNDShares517.70K
TypeSH
Market value$25.56M
2.57%
Sole
517.26K
Shared
0.00
None
440.00
CLEARWAY ENERGY INC
DFNDShares769.18K
TypeSH
Market value$24.10M
2.43%
Sole
769.18K
Shared
0.00
None
0.00
HESS MIDSTREAM LP
DFNDShares787.88K
TypeSH
Market value$22.80M
2.30%
Sole
787.22K
Shared
0.00
None
670.00
EQUITRANS MIDSTREAM CORP
DFNDShares3.87M
TypeSH
Market value$22.39M
2.25%
Sole
3.87M
Shared
0.00
None
3.81K
ENBRIDGE INC
DFNDShares581.12K
TypeSH
Market value$22.17M
2.23%
Sole
580.12K
Shared
0.00
None
995.00
NEXTERA ENERGY PARTNERS LP
DFNDShares363.37K
TypeSH
Market value$22.07M
2.22%
Sole
363.03K
Shared
0.00
None
345.00
TC ENERGY CORP
DFNDShares408.02K
TypeSH
Market value$15.88M
1.60%
Sole
407.42K
Shared
0.00
None
605.00
SOLAREDGE TECHNOLOGIES INC
DFNDShares34.47K
TypeSH
Market value$10.48M
1.05%
Sole
34.47K
Shared
0.00
None
0.00
ATLANTICA SUSTAINABLE INFR P
DFNDShares337.27K
TypeSH
Market value$9.97M
1.00%
Sole
337.27K
Shared
0.00
None
0.00
MAGELLAN MIDSTREAM PRTNRS LP
DFNDShares168.67K
TypeSH
Market value$9.15M
0.92%
Sole
168.12K
Shared
0.00
None
550.00
ENPHASE ENERGY INC
DFNDShares41.19K
TypeSH
Market value$8.66M
0.87%
Sole
41.19K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TARGA RES CORPDFND | COM | 1.20M | SH | $87.87M 8.84% | 1.20M | 0.00 | 1.38K |
ENERGY TRANSFER L PDFND | COM UT LTD PTN | 6.65M | SH | $82.97M 8.35% | 6.65M | 0.00 | 7.94K |
PLAINS GP HLDGS L PDFND | LTD PARTNR INT A | 5.50M | SH | $72.21M 7.27% | 5.50M | 0.00 | 0.00 |
CHENIERE ENERGY INCDFND | COM NEW | 418.42K | SH | $65.94M 6.64% | 417.84K | 0.00 | 575.00 |
PEMBINA PIPELINE CORPDFND | COM | 1.41M | SH | $45.78M 4.61% | 1.41M | 0.00 | 1.36K |
ENTERPRISE PRODS PARTNERS LDFND | COM | 1.72M | SH | $44.66M 4.50% | 1.72M | 0.00 | 2.90K |
MPLX LPDFND | COM UNIT REP LTD | 1.18M | SH | $40.78M 4.10% | 1.18M | 0.00 | 2.38K |
WILLIAMS COS INCDFND | COM | 1.36M | SH | $40.56M 4.08% | 1.36M | 0.00 | 1.48K |
KINDER MORGAN INC DELDFND | COM | 2.23M | SH | $38.97M 3.92% | 2.22M | 0.00 | 2.75K |
MARATHON PETE CORPDFND | COM | 286.05K | SH | $38.57M 3.88% | 285.67K | 0.00 | 380.00 |
ONEOK INC NEWDFND | COM | 602.90K | SH | $38.31M 3.86% | 602.10K | 0.00 | 800.00 |
ENLINK MIDSTREAM LLCDFND | COM UNIT REP LTD | 2.99M | SH | $32.36M 3.26% | 2.98M | 0.00 | 3.55K |
WESTERN MIDSTREAM PARTNERS LDFND | COM UNIT LP INT | 1.19M | SH | $31.26M 3.15% | 1.18M | 0.00 | 2.35K |
CRESTWOOD EQUITY PARTNERS LPDFND | UNIT LTD PARTNER | 1.21M | SH | $30.05M 3.02% | 1.20M | 0.00 | 1.63K |
DT MIDSTREAM INCDFND | COMMON STOCK | 517.70K | SH | $25.56M 2.57% | 517.26K | 0.00 | 440.00 |
CLEARWAY ENERGY INCDFND | CL C | 769.18K | SH | $24.10M 2.43% | 769.18K | 0.00 | 0.00 |
HESS MIDSTREAM LPDFND | CL A SHS | 787.88K | SH | $22.80M 2.30% | 787.22K | 0.00 | 670.00 |
EQUITRANS MIDSTREAM CORPDFND | COM | 3.87M | SH | $22.39M 2.25% | 3.87M | 0.00 | 3.81K |
ENBRIDGE INCDFND | COM | 581.12K | SH | $22.17M 2.23% | 580.12K | 0.00 | 995.00 |
NEXTERA ENERGY PARTNERS LPDFND | COM UNIT PART IN | 363.37K | SH | $22.07M 2.22% | 363.03K | 0.00 | 345.00 |
TC ENERGY CORPDFND | COM | 408.02K | SH | $15.88M 1.60% | 407.42K | 0.00 | 605.00 |
SOLAREDGE TECHNOLOGIES INCDFND | COM | 34.47K | SH | $10.48M 1.05% | 34.47K | 0.00 | 0.00 |
ATLANTICA SUSTAINABLE INFR PDFND | SHS | 337.27K | SH | $9.97M 1.00% | 337.27K | 0.00 | 0.00 |
MAGELLAN MIDSTREAM PRTNRS LPDFND | COM UNIT RP LP | 168.67K | SH | $9.15M 0.92% | 168.12K | 0.00 | 550.00 |
ENPHASE ENERGY INCDFND | COM | 41.19K | SH | $8.66M 0.87% | 41.19K | 0.00 | 0.00 |
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