Filed: 11/14/2022ACC: 0001420506-22-002153
📋 What this filing means
RECURRENT INVESTMENT ADVISORS LLC filed this quarterly 13F‑HR report disclosing 42 equity positions with a total reported market value of $370.6K. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
42
Positions
$370.6K
Total AUM (reported)
14.70M
Total Shares
Allocation by class
COM$226.8K61.2%
COM UT LTD PTN$28.0K7.5%
COM NEW$22.4K6.0%
COM UNT RP INT$21.9K5.9%
LTD PARTNR INT A$20.0K5.4%
COM UNIT LP INT$19.8K5.3%
UT LTD PART$12.0K3.3%
Portfolio Concentration
Top 3$80.7K21.8%
4–10$141.8K38.3%
11–25$131.0K35.4%
Rest$17.0K4.6%
Top 3 weight
21.8%
Top 10 weight
60.1%
Voting Authority Distribution
Total shares with voting rights: 14.70M
Sole
Full voting authority
14.70M
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)
Sole42
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings42
Rows:
CENOVUS ENERGY INC
SOLEShares1.92M
TypeSH
Market value$30.7K
8.30%
Sole
1.92M
Shared
0.00
None
0.00
ENERGY TRANSFER L P
SOLEShares2.53M
TypeSH
Market value$28.0K
7.54%
Sole
2.53M
Shared
0.00
None
0.00
MARATHON PETE CORP
SOLEShares221.84K
TypeSH
Market value$22.0K
5.95%
Sole
221.84K
Shared
0.00
None
0.00
VIPER ENERGY PARTNERS LP
SOLEShares764.48K
TypeSH
Market value$21.9K
5.91%
Sole
764.48K
Shared
0.00
None
0.00
PEMBINA PIPELINE CORP
SOLEShares716.31K
TypeSH
Market value$21.8K
5.87%
Sole
716.31K
Shared
0.00
None
0.00
PLAINS GP HLDGS L P
SOLEShares1.84M
TypeSH
Market value$20.0K
5.41%
Sole
1.84M
Shared
0.00
None
0.00
CHENIERE ENERGY INC
SOLEShares120.67K
TypeSH
Market value$20.0K
5.40%
Sole
120.67K
Shared
0.00
None
0.00
WESTERN MIDSTREAM PARTNERS L
SOLEShares787.70K
TypeSH
Market value$19.8K
5.35%
Sole
787.70K
Shared
0.00
None
0.00
PHILLIPS 66
SOLEShares237.21K
TypeSH
Market value$19.1K
5.17%
Sole
237.21K
Shared
0.00
None
0.00
VALERO ENERGY CORP
SOLEShares178.69K
TypeSH
Market value$19.1K
5.15%
Sole
178.69K
Shared
0.00
None
0.00
TARGA RES CORP
SOLEShares313.05K
TypeSH
Market value$18.9K
5.10%
Sole
313.05K
Shared
0.00
None
0.00
ENTERPRISE PRODS PARTNERS L
SOLEShares731.94K
TypeSH
Market value$17.4K
4.70%
Sole
731.94K
Shared
0.00
None
0.00
SUNCOR ENERGY INC NEW
SOLEShares608.33K
TypeSH
Market value$17.1K
4.62%
Sole
608.33K
Shared
0.00
None
0.00
KINDER MORGAN INC DEL
SOLEShares891.14K
TypeSH
Market value$14.8K
4.00%
Sole
891.14K
Shared
0.00
None
0.00
WILLIAMS COS INC
SOLEShares477.85K
TypeSH
Market value$13.7K
3.69%
Sole
477.85K
Shared
0.00
None
0.00
ALLIANCE RESOURCE PARTNERS L
SOLEShares526.08K
TypeSH
Market value$12.0K
3.25%
Sole
526.08K
Shared
0.00
None
0.00
MAGELLAN MIDSTREAM PRTNRS LP
SOLEShares173.66K
TypeSH
Market value$8.3K
2.23%
Sole
173.66K
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares183.64K
TypeSH
Market value$6.8K
1.84%
Sole
183.64K
Shared
0.00
None
0.00
EQUITRANS MIDSTREAM CORP
SOLEShares720.70K
TypeSH
Market value$5.4K
1.45%
Sole
720.70K
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares93.48K
TypeSH
Market value$3.8K
1.02%
Sole
93.48K
Shared
0.00
None
0.00
SUNOCO LP/SUNOCO FIN CORP
SOLEShares92.45K
TypeSH
Market value$3.6K
0.97%
Sole
92.45K
Shared
0.00
None
0.00
DARLING INGREDIENTS INC
SOLEShares48.35K
TypeSH
Market value$3.2K
0.86%
Sole
48.35K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares20.22K
TypeSH
Market value$2.1K
0.56%
Sole
20.22K
Shared
0.00
None
0.00
FREEPORT-MCMORAN INC
SOLEShares73.18K
TypeSH
Market value$2.0K
0.54%
Sole
73.18K
Shared
0.00
None
0.00
ALCOA CORP
SOLEShares58.35K
TypeSH
Market value$2.0K
0.53%
Sole
58.35K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CENOVUS ENERGY INCSOLE | COM | 1.92M | SH | $30.7K 8.30% | 1.92M | 0.00 | 0.00 |
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 2.53M | SH | $28.0K 7.54% | 2.53M | 0.00 | 0.00 |
MARATHON PETE CORPSOLE | COM | 221.84K | SH | $22.0K 5.95% | 221.84K | 0.00 | 0.00 |
VIPER ENERGY PARTNERS LPSOLE | COM UNT RP INT | 764.48K | SH | $21.9K 5.91% | 764.48K | 0.00 | 0.00 |
PEMBINA PIPELINE CORPSOLE | COM | 716.31K | SH | $21.8K 5.87% | 716.31K | 0.00 | 0.00 |
PLAINS GP HLDGS L PSOLE | LTD PARTNR INT A | 1.84M | SH | $20.0K 5.41% | 1.84M | 0.00 | 0.00 |
CHENIERE ENERGY INCSOLE | COM NEW | 120.67K | SH | $20.0K 5.40% | 120.67K | 0.00 | 0.00 |
WESTERN MIDSTREAM PARTNERS LSOLE | COM UNIT LP INT | 787.70K | SH | $19.8K 5.35% | 787.70K | 0.00 | 0.00 |
PHILLIPS 66SOLE | COM | 237.21K | SH | $19.1K 5.17% | 237.21K | 0.00 | 0.00 |
VALERO ENERGY CORPSOLE | COM | 178.69K | SH | $19.1K 5.15% | 178.69K | 0.00 | 0.00 |
TARGA RES CORPSOLE | COM | 313.05K | SH | $18.9K 5.10% | 313.05K | 0.00 | 0.00 |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 731.94K | SH | $17.4K 4.70% | 731.94K | 0.00 | 0.00 |
SUNCOR ENERGY INC NEWSOLE | COM | 608.33K | SH | $17.1K 4.62% | 608.33K | 0.00 | 0.00 |
KINDER MORGAN INC DELSOLE | COM | 891.14K | SH | $14.8K 4.00% | 891.14K | 0.00 | 0.00 |
WILLIAMS COS INCSOLE | COM | 477.85K | SH | $13.7K 3.69% | 477.85K | 0.00 | 0.00 |
ALLIANCE RESOURCE PARTNERS LSOLE | UT LTD PART | 526.08K | SH | $12.0K 3.25% | 526.08K | 0.00 | 0.00 |
MAGELLAN MIDSTREAM PRTNRS LPSOLE | COM UNIT RP LP | 173.66K | SH | $8.3K 2.23% | 173.66K | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 183.64K | SH | $6.8K 1.84% | 183.64K | 0.00 | 0.00 |
EQUITRANS MIDSTREAM CORPSOLE | COM | 720.70K | SH | $5.4K 1.45% | 720.70K | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 93.48K | SH | $3.8K 1.02% | 93.48K | 0.00 | 0.00 |
SUNOCO LP/SUNOCO FIN CORPSOLE | COM UT REP LP | 92.45K | SH | $3.6K 0.97% | 92.45K | 0.00 | 0.00 |
DARLING INGREDIENTS INCSOLE | COM | 48.35K | SH | $3.2K 0.86% | 48.35K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 20.22K | SH | $2.1K 0.56% | 20.22K | 0.00 | 0.00 |
FREEPORT-MCMORAN INCSOLE | CL B | 73.18K | SH | $2.0K 0.54% | 73.18K | 0.00 | 0.00 |
ALCOA CORPSOLE | COM | 58.35K | SH | $2.0K 0.53% | 58.35K | 0.00 | 0.00 |
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