ELCO MANAGEMENT CO., LLC

PrivateCIK: 1690717

Location

NEW YORK, NY

174

Positions

$231.88M

Total AUM (reported)

4.21M

Total Shares

Allocation by class

COM$131.62M56.8%

COM NEW$12.65M5.5%

COM UT LTD PTN$9.63M4.2%

ST STR INDL ETF$9.22M4.0%

CAP STK CL C$8.50M3.7%

US BRD MKT ETF$7.37M3.2%

UNIT LTD PARTN$6.28M2.7%

Portfolio Concentration

Top 3$37.26M16.1%

4–10$56.68M24.4%

11–25$52.74M22.7%

Rest$85.20M36.7%

Top 3 weight

16.1%

Top 10 weight

40.5%

Voting Authority Distribution

Total shares with voting rights: 4.21M

Sole

Full voting authority

1.24M

% of voting shares29.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.97M

% of voting shares70.5%

Investment Discretion (by position count)

Sole133

Shared0

Other41

Dominant voting typeNone · 70.5% of voting shares

Institutional Holdings174

Rows:

WILLIAMS COS INC

SOLE

COM

Shares181.97K

TypeSH

Market value$13.53M

5.83%

Sole

49K

Shared

0.00

None

132.97K

TARGA RES CORP

SOLE

COM

Shares46.60K

TypeSH

Market value$12.50M

5.39%

Sole

20.30K

Shared

0.00

None

26.30K

CHENIERE ENERGY INC

SOLE

COM NEW

Shares47.02K

TypeSH

Market value$11.24M

4.85%

Sole

16.22K

Shared

0.00

None

30.80K

ENERGY TRANSFER L P LP

SOLE

COM UT LTD PTN

Shares503.90K

TypeSH

Market value$9.63M

4.16%

Sole

203.10K

Shared

0.00

None

300.81K

STATE STREET INDUSTRIAL SELECT

SOLE

ST STR INDL ETF

Shares49.80K

TypeSH

Market value$9.22M

3.98%

Sole

0.00

Shared

0.00

None

49.80K

APPLE INC

SOLE

COM

Shares29.43K

TypeSH

Market value$8.52M

3.67%

Sole

0.00

Shared

0.00

None

29.43K

ALPHABET INC CLASS CLASS C

SOLE

CAP STK CL C

Shares24.04K

TypeSH

Market value$8.50M

3.66%

Sole

0.00

Shared

0.00

None

24.04K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares254.44K

TypeSH

Market value$7.37M

3.18%

Sole

0.00

Shared

0.00

None

254.44K

AMAZON COM INC

SOLE

COM

Shares30.04K

TypeSH

Market value$7.16M

3.09%

Sole

0.00

Shared

0.00

None

30.04K

NVIDIA CORP

SOLE

COM

Shares31.41K

TypeSH

Market value$6.28M

2.71%

Sole

0.00

Shared

0.00

None

31.41K

STATE STREET SPDR S&P 500 ETF

SOLE

TR UNIT

Shares7.85K

TypeSH

Market value$5.86M

2.53%

Sole

1.40K

Shared

0.00

None

6.45K

HEXCEL CORP NEW

SOLE

COM

Shares56.87K

TypeSH

Market value$5.69M

2.45%

Sole

13.20K

Shared

0.00

None

43.67K

MICROSOFT CORP

SOLE

COM

Shares15K

TypeSH

Market value$5.60M

2.41%

Sole

0.00

Shared

0.00

None

15K

MPLX LP LP

SOLE

COM UNIT REP LTD

Shares84.75K

TypeSH

Market value$4.77M

2.06%

Sole

51K

Shared

0.00

None

33.75K

ABBVIE INC

SOLE

COM

Shares16.86K

TypeSH

Market value$4.24M

1.83%

Sole

0.00

Shared

0.00

None

16.86K

PLAINS ALL AMERN PIPELINE L

SOLE

UNIT LTD PARTN

Shares174.23K

TypeSH

Market value$3.88M

1.67%

Sole

150.50K

Shared

0.00

None

23.73K

CORNING INC

SOLE

COM

Shares12.29K

TypeSH

Market value$3.14M

1.35%

Sole

0.00

Shared

0.00

None

12.29K

NGL ENERGY PARTNERS L LP

SOLE

COM UNIT REPST

Shares190.39K

TypeSH

Market value$3.03M

1.31%

Sole

143.50K

Shared

0.00

None

46.89K

JPMORGAN CHASE & CO

SOLE

COM

Shares8.86K

TypeSH

Market value$2.90M

1.25%

Sole

0.00

Shared

0.00

None

8.86K

HOME DEPOT INC

SOLE

COM

Shares7.50K

TypeSH

Market value$2.65M

1.14%

Sole

0.00

Shared

0.00

None

7.50K

GENESIS ENERGY L P

SOLE

UNIT LTD PARTN

Shares169.20K

TypeSH

Market value$2.40M

1.03%

Sole

108K

Shared

0.00

None

61.20K

HUBBELL INC

SOLE

COM

Shares4.40K

TypeSH

Market value$2.30M

0.99%

Sole

0.00

Shared

0.00

None

4.40K

WESTERN MIDSTREAM PARTNERS L

SOLE

COM UNIT LP INT

Shares49.44K

TypeSH

Market value$2.16M

0.93%

Sole

39.40K

Shared

0.00

None

10.04K

RTX CORP

SOLE

COM

Shares11.15K

TypeSH

Market value$2.12M

0.91%

Sole

0.00

Shared

0.00

None

11.15K

NEXTERA ENERGY INC

SOLE

COM

Shares22.71K

TypeSH

Market value$1.99M

0.86%

Sole

0.00

Shared

0.00

None

22.71K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
WILLIAMS COS INCSOLE	COM	181.97K	SH	$13.53M 5.83%	49K	132.97K
TARGA RES CORPSOLE	COM	46.60K	SH	$12.50M 5.39%	20.30K	26.30K
CHENIERE ENERGY INCSOLE	COM NEW	47.02K	SH	$11.24M 4.85%	16.22K	30.80K
ENERGY TRANSFER L P LPSOLE	COM UT LTD PTN	503.90K	SH	$9.63M 4.16%	203.10K	300.81K
STATE STREET INDUSTRIAL SELECTSOLE	ST STR INDL ETF	49.80K	SH	$9.22M 3.98%	0.00	49.80K
APPLE INCSOLE	COM	29.43K	SH	$8.52M 3.67%	0.00	29.43K
ALPHABET INC CLASS CLASS CSOLE	CAP STK CL C	24.04K	SH	$8.50M 3.66%	0.00	24.04K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	254.44K	SH	$7.37M 3.18%	0.00	254.44K
AMAZON COM INCSOLE	COM	30.04K	SH	$7.16M 3.09%	0.00	30.04K
NVIDIA CORPSOLE	COM	31.41K	SH	$6.28M 2.71%	0.00	31.41K
STATE STREET SPDR S&P 500 ETFSOLE	TR UNIT	7.85K	SH	$5.86M 2.53%	1.40K	6.45K
HEXCEL CORP NEWSOLE	COM	56.87K	SH	$5.69M 2.45%	13.20K	43.67K
MICROSOFT CORPSOLE	COM	15K	SH	$5.60M 2.41%	0.00	15K
MPLX LP LPSOLE	COM UNIT REP LTD	84.75K	SH	$4.77M 2.06%	51K	33.75K
ABBVIE INCSOLE	COM	16.86K	SH	$4.24M 1.83%	0.00	16.86K
PLAINS ALL AMERN PIPELINE LSOLE	UNIT LTD PARTN	174.23K	SH	$3.88M 1.67%	150.50K	23.73K
CORNING INCSOLE	COM	12.29K	SH	$3.14M 1.35%	0.00	12.29K
NGL ENERGY PARTNERS L LPSOLE	COM UNIT REPST	190.39K	SH	$3.03M 1.31%	143.50K	46.89K
JPMORGAN CHASE & COSOLE	COM	8.86K	SH	$2.90M 1.25%	0.00	8.86K
HOME DEPOT INCSOLE	COM	7.50K	SH	$2.65M 1.14%	0.00	7.50K
GENESIS ENERGY L PSOLE	UNIT LTD PARTN	169.20K	SH	$2.40M 1.03%	108K	61.20K
HUBBELL INCSOLE	COM	4.40K	SH	$2.30M 0.99%	0.00	4.40K
WESTERN MIDSTREAM PARTNERS LSOLE	COM UNIT LP INT	49.44K	SH	$2.16M 0.93%	39.40K	10.04K
RTX CORPSOLE	COM	11.15K	SH	$2.12M 0.91%	0.00	11.15K
NEXTERA ENERGY INCSOLE	COM	22.71K	SH	$1.99M 0.86%	0.00	22.71K

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