Filed: 1/27/2026ACC: 0002085853-26-000101
📋 What this filing means
FRACTAL INVESTMENTS LLC filed this quarterly 13F‑HR report disclosing 80 equity positions with a total reported market value of $716.19M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
80
Positions
$716.19M
Total AUM (reported)
21.15M
Total Shares
Allocation by class
COM$230.83M32.2%
COM UNIT REP LTD$109.48M15.3%
COM UT LTD PTN$79.11M11.0%
UNIT LTD PARTN$74.46M10.4%
COM UNIT LP INT$62.32M8.7%
CL A SHS$40.89M5.7%
COM UT REP LP$32.31M4.5%
Portfolio Concentration
Top 3$253.71M35.4%
4–10$308.28M43.0%
11–25$125.81M17.6%
Rest$28.39M4.0%
Top 3 weight
35.4%
Top 10 weight
78.5%
Voting Authority Distribution
Total shares with voting rights: 21.15M
Sole
Full voting authority
21.15M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole80
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings80
Rows:
MPLX LP
SOLEShares2.05M
TypeSH
Market value$109.48M
15.29%
Sole
2.05M
Shared
0.00
None
0.00
ENERGY TRANSFER L P
SOLEShares4.80M
TypeSH
Market value$79.11M
11.05%
Sole
4.80M
Shared
0.00
None
0.00
PLAINS ALL AMERN PIPELINE L
SOLEShares3.63M
TypeSH
Market value$65.12M
9.09%
Sole
3.63M
Shared
0.00
None
0.00
WESTERN MIDSTREAM PARTNERS L
SOLEShares1.58M
TypeSH
Market value$62.32M
8.70%
Sole
1.58M
Shared
0.00
None
0.00
ENTERPRISE PRODS PARTNERS L
SOLEShares1.84M
TypeSH
Market value$58.90M
8.22%
Sole
1.84M
Shared
0.00
None
0.00
WILLIAMS COS INC
SOLEShares814K
TypeSH
Market value$48.93M
6.83%
Sole
814K
Shared
0.00
None
0.00
HESS MIDSTREAM LP
SOLEShares1.19M
TypeSH
Market value$40.89M
5.71%
Sole
1.19M
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares649K
TypeSH
Market value$35.70M
4.98%
Sole
649K
Shared
0.00
None
0.00
SUNOCO LP/SUNOCO FIN CORP
SOLEShares616.54K
TypeSH
Market value$32.31M
4.51%
Sole
616.54K
Shared
0.00
None
0.00
TARGA RES CORP
SOLEShares158.42K
TypeSH
Market value$29.23M
4.08%
Sole
158.42K
Shared
0.00
None
0.00
DT MIDSTREAM INC
SOLEShares231K
TypeSH
Market value$27.65M
3.86%
Sole
231K
Shared
0.00
None
0.00
KINDER MORGAN INC DEL
SOLEShares854.64K
TypeSH
Market value$23.49M
3.28%
Sole
854.64K
Shared
0.00
None
0.00
CHENIERE ENERGY INC
SOLEShares78.58K
TypeSH
Market value$15.28M
2.13%
Sole
78.58K
Shared
0.00
None
0.00
ONEOK INC NEW
SOLEShares156.63K
TypeSH
Market value$11.51M
1.61%
Sole
156.63K
Shared
0.00
None
0.00
CHENIERE ENERGY PARTNERS LP
SOLEShares194.13K
TypeSH
Market value$10.38M
1.45%
Sole
194.13K
Shared
0.00
None
0.00
NGL ENERGY PARTNERS LP
SOLEShares832.48K
TypeSH
Market value$8.32M
1.16%
Sole
832.48K
Shared
0.00
None
0.00
GLOBAL PARTNERS LP
SOLEShares195.23K
TypeSH
Market value$8.17M
1.14%
Sole
195.23K
Shared
0.00
None
0.00
GENESIS ENERGY L P
SOLEShares343.24K
TypeSH
Market value$5.35M
0.75%
Sole
343.24K
Shared
0.00
None
0.00
SUBURBAN PROPANE PARTNERS L
SOLEShares214.86K
TypeSH
Market value$3.98M
0.56%
Sole
214.86K
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares67.50K
TypeSH
Market value$3.23M
0.45%
Sole
67.50K
Shared
0.00
None
0.00
GE VERNOVA INC
SOLEShares3.95K
TypeSH
Market value$2.58M
0.36%
Sole
3.95K
Shared
0.00
None
0.00
NEWMONT CORP
SOLEShares17K
TypeSH
Market value$1.70M
0.24%
Sole
17K
Shared
0.00
None
0.00
WESTLAKE CHEM PARTNERS LP
SOLEShares80.40K
TypeSH
Market value$1.53M
0.21%
Sole
80.40K
Shared
0.00
None
0.00
CONSTELLATION ENERGY CORP
SOLEShares3.98K
TypeSH
Market value$1.41M
0.20%
Sole
3.98K
Shared
0.00
None
0.00
SOLSTICE ADVANCED MATLS INC
SOLEShares25.10K
TypeSH
Market value$1.22M
0.17%
Sole
25.10K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MPLX LPSOLE | COM UNIT REP LTD | 2.05M | SH | $109.48M 15.29% | 2.05M | 0.00 | 0.00 |
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 4.80M | SH | $79.11M 11.05% | 4.80M | 0.00 | 0.00 |
PLAINS ALL AMERN PIPELINE LSOLE | UNIT LTD PARTN | 3.63M | SH | $65.12M 9.09% | 3.63M | 0.00 | 0.00 |
WESTERN MIDSTREAM PARTNERS LSOLE | COM UNIT LP INT | 1.58M | SH | $62.32M 8.70% | 1.58M | 0.00 | 0.00 |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 1.84M | SH | $58.90M 8.22% | 1.84M | 0.00 | 0.00 |
WILLIAMS COS INCSOLE | COM | 814K | SH | $48.93M 6.83% | 814K | 0.00 | 0.00 |
HESS MIDSTREAM LPSOLE | CL A SHS | 1.19M | SH | $40.89M 5.71% | 1.19M | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 649K | SH | $35.70M 4.98% | 649K | 0.00 | 0.00 |
SUNOCO LP/SUNOCO FIN CORPSOLE | COM UT REP LP | 616.54K | SH | $32.31M 4.51% | 616.54K | 0.00 | 0.00 |
TARGA RES CORPSOLE | COM | 158.42K | SH | $29.23M 4.08% | 158.42K | 0.00 | 0.00 |
DT MIDSTREAM INCSOLE | COMMON STOCK | 231K | SH | $27.65M 3.86% | 231K | 0.00 | 0.00 |
KINDER MORGAN INC DELSOLE | COM | 854.64K | SH | $23.49M 3.28% | 854.64K | 0.00 | 0.00 |
CHENIERE ENERGY INCSOLE | COM NEW | 78.58K | SH | $15.28M 2.13% | 78.58K | 0.00 | 0.00 |
ONEOK INC NEWSOLE | COM | 156.63K | SH | $11.51M 1.61% | 156.63K | 0.00 | 0.00 |
CHENIERE ENERGY PARTNERS LPSOLE | COM UNIT | 194.13K | SH | $10.38M 1.45% | 194.13K | 0.00 | 0.00 |
NGL ENERGY PARTNERS LPSOLE | COM UNIT REPST | 832.48K | SH | $8.32M 1.16% | 832.48K | 0.00 | 0.00 |
GLOBAL PARTNERS LPSOLE | COM UNITS | 195.23K | SH | $8.17M 1.14% | 195.23K | 0.00 | 0.00 |
GENESIS ENERGY L PSOLE | UNIT LTD PARTN | 343.24K | SH | $5.35M 0.75% | 343.24K | 0.00 | 0.00 |
SUBURBAN PROPANE PARTNERS LSOLE | UNIT LTD PARTN | 214.86K | SH | $3.98M 0.56% | 214.86K | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 67.50K | SH | $3.23M 0.45% | 67.50K | 0.00 | 0.00 |
GE VERNOVA INCSOLE | COM | 3.95K | SH | $2.58M 0.36% | 3.95K | 0.00 | 0.00 |
NEWMONT CORPSOLE | COM | 17K | SH | $1.70M 0.24% | 17K | 0.00 | 0.00 |
WESTLAKE CHEM PARTNERS LPSOLE | COM UNIT RP LP | 80.40K | SH | $1.53M 0.21% | 80.40K | 0.00 | 0.00 |
CONSTELLATION ENERGY CORPSOLE | COM | 3.98K | SH | $1.41M 0.20% | 3.98K | 0.00 | 0.00 |
SOLSTICE ADVANCED MATLS INCSOLE | COM SHS | 25.10K | SH | $1.22M 0.17% | 25.10K | 0.00 | 0.00 |
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