TORTOISE INVESTMENT MANAGEMENT, LLC

Filed: 5/14/2025ACC: 0001580642-25-003114

📋 What this filing means

TORTOISE INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 818 equity positions with a total reported market value of $960.32M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

818

Positions

$960.32M

Total AUM (reported)

20.83M

Total Shares

Allocation by class

COM$90.39M9.4%

CORE S&P500 ETF$83.77M8.7%

0-5 YR TIPS ETF$51.00M5.3%

0-3 MNTH TREASRY$32.39M3.4%

US EQT ETF$29.50M3.1%

LONG TERM TREAS$27.07M2.8%

MBS ETF$24.00M2.5%

Portfolio Concentration

Top 3$167.17M17.4%

4–10$146.52M15.3%

11–25$206.32M21.5%

Rest$440.31M45.9%

Top 3 weight

17.4%

Top 10 weight

32.7%

Voting Authority Distribution

Total shares with voting rights: 20.83M

Sole

Full voting authority

21.82K

% of voting shares0.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

20.81M

% of voting shares99.9%

Investment Discretion (by position count)

Sole818

Shared0

Other0

Dominant voting typeNone · 99.9% of voting shares

Institutional Holdings818

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares149.09K

TypeSH

Market value$83.77M

8.72%

Sole

205.00

Shared

0.00

None

148.88K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares492.94K

TypeSH

Market value$51.00M

5.31%

Sole

747.00

Shared

0.00

None

492.20K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares321.79K

TypeSH

Market value$32.39M

3.37%

Sole

350.00

Shared

0.00

None

321.44K

AMERICAN CENTY ETF TR

SOLE

US EQT ETF

Shares319.36K

TypeSH

Market value$29.50M

3.07%

Sole

0.00

Shared

0.00

None

319.36K

VANGUARD SCOTTSDALE FDS

SOLE

LONG TERM TREAS

Shares469.97K

TypeSH

Market value$27.07M

2.82%

Sole

636.00

Shared

0.00

None

469.33K

BLACKROCK MUN TARGET TERM TR

SOLE

COM SHS BEN IN

Shares1.09M

TypeSH

Market value$23.06M

2.40%

Sole

3.33K

Shared

0.00

None

1.08M

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares642.12K

TypeSH

Market value$17.27M

1.80%

Sole

600.00

Shared

0.00

None

641.52K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares314.63K

TypeSH

Market value$16.98M

1.77%

Sole

506.00

Shared

0.00

None

314.13K

SIMPLIFY EXCHANGE TRADED FUN

SOLE

MBS ETF

Shares332.50K

TypeSH

Market value$16.67M

1.74%

Sole

600.00

Shared

0.00

None

331.90K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares722.82K

TypeSH

Market value$15.96M

1.66%

Sole

0.00

Shared

0.00

None

722.82K

ISHARES TR

SOLE

CMBS ETF

Shares329.85K

TypeSH

Market value$15.83M

1.65%

Sole

0.00

Shared

0.00

None

329.85K

ISHARES TR

SOLE

CORE S&P TTL STK

Shares129.56K

TypeSH

Market value$15.81M

1.65%

Sole

0.00

Shared

0.00

None

129.56K

DIMENSIONAL ETF TRUST

SOLE

US CORE EQT MKT

Shares402.27K

TypeSH

Market value$15.46M

1.61%

Sole

790.00

Shared

0.00

None

401.48K

ISHARES TR

SOLE

RUS 1000 ETF

Shares49.33K

TypeSH

Market value$15.13M

1.58%

Sole

0.00

Shared

0.00

None

49.33K

DOUBLELINE ETF TRUST

SOLE

MORTGAGE ETF

Shares299.26K

TypeSH

Market value$14.68M

1.53%

Sole

415.00

Shared

0.00

None

298.84K

EA SERIES TRUST

SOLE

ALPHA ARCH 1-3

Shares125.48K

TypeSH

Market value$13.99M

1.46%

Sole

0.00

Shared

0.00

None

125.48K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares27.62K

TypeSH

Market value$13.85M

1.44%

Sole

0.00

Shared

0.00

None

27.62K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares79.86K

TypeSH

Market value$13.79M

1.44%

Sole

183.00

Shared

0.00

None

79.68K

APPLE INC

SOLE

COM

Shares67.28K

TypeSH

Market value$12.89M

1.34%

Sole

0.00

Shared

0.00

None

67.28K

NUVEEN AMT-FREE MUN VALUE FD

SOLE

COM

Shares936.61K

TypeSH

Market value$12.87M

1.34%

Sole

1.10K

Shared

0.00

None

935.51K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares168.37K

TypeSH

Market value$12.74M

1.33%

Sole

406.00

Shared

0.00

None

167.97K

WISDOMTREE TR

SOLE

EMG MKTS SMCAP

Shares256.84K

TypeSH

Market value$12.41M

1.29%

Sole

0.00

Shared

0.00

None

256.84K

SCHWAB STRATEGIC TR

SOLE

INTL SCEQT ETF

Shares343.88K

TypeSH

Market value$12.34M

1.28%

Sole

355.00

Shared

0.00

None

343.52K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares312.11K

TypeSH

Market value$12.29M

1.28%

Sole

0.00

Shared

0.00

None

312.11K

ANGEL OAK FUNDS TRUST

SOLE

INCOME ETF

Shares589.65K

TypeSH

Market value$12.24M

1.27%

Sole

480.00

Shared

0.00

None

589.17K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	149.09K	SH	$83.77M 8.72%	205.00	148.88K
ISHARES TRSOLE	0-5 YR TIPS ETF	492.94K	SH	$51.00M 5.31%	747.00	492.20K
ISHARES TRSOLE	0-3 MNTH TREASRY	321.79K	SH	$32.39M 3.37%	350.00	321.44K
AMERICAN CENTY ETF TRSOLE	US EQT ETF	319.36K	SH	$29.50M 3.07%	0.00	319.36K
VANGUARD SCOTTSDALE FDSSOLE	LONG TERM TREAS	469.97K	SH	$27.07M 2.82%	636.00	469.33K
BLACKROCK MUN TARGET TERM TRSOLE	COM SHS BEN IN	1.09M	SH	$23.06M 2.40%	3.33K	1.08M
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	642.12K	SH	$17.27M 1.80%	600.00	641.52K
ISHARES INCSOLE	CORE MSCI EMKT	314.63K	SH	$16.98M 1.77%	506.00	314.13K
SIMPLIFY EXCHANGE TRADED FUNSOLE	MBS ETF	332.50K	SH	$16.67M 1.74%	600.00	331.90K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	722.82K	SH	$15.96M 1.66%	0.00	722.82K
ISHARES TRSOLE	CMBS ETF	329.85K	SH	$15.83M 1.65%	0.00	329.85K
ISHARES TRSOLE	CORE S&P TTL STK	129.56K	SH	$15.81M 1.65%	0.00	129.56K
DIMENSIONAL ETF TRUSTSOLE	US CORE EQT MKT	402.27K	SH	$15.46M 1.61%	790.00	401.48K
ISHARES TRSOLE	RUS 1000 ETF	49.33K	SH	$15.13M 1.58%	0.00	49.33K
DOUBLELINE ETF TRUSTSOLE	MORTGAGE ETF	299.26K	SH	$14.68M 1.53%	415.00	298.84K
EA SERIES TRUSTSOLE	ALPHA ARCH 1-3	125.48K	SH	$13.99M 1.46%	0.00	125.48K
SPDR S&P 500 ETF TRSOLE	TR UNIT	27.62K	SH	$13.85M 1.44%	0.00	27.62K
VANGUARD INDEX FDSSOLE	VALUE ETF	79.86K	SH	$13.79M 1.44%	183.00	79.68K
APPLE INCSOLE	COM	67.28K	SH	$12.89M 1.34%	0.00	67.28K
NUVEEN AMT-FREE MUN VALUE FDSOLE	COM	936.61K	SH	$12.87M 1.34%	1.10K	935.51K
ISHARES TRSOLE	CORE MSCI EAFE	168.37K	SH	$12.74M 1.33%	406.00	167.97K
WISDOMTREE TRSOLE	EMG MKTS SMCAP	256.84K	SH	$12.41M 1.29%	0.00	256.84K
SCHWAB STRATEGIC TRSOLE	INTL SCEQT ETF	343.88K	SH	$12.34M 1.28%	355.00	343.52K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	312.11K	SH	$12.29M 1.28%	0.00	312.11K
ANGEL OAK FUNDS TRUSTSOLE	INCOME ETF	589.65K	SH	$12.24M 1.27%	480.00	589.17K

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