| # | Security | Value | Shares | % Port | Change | Δ Shares |
|---|---|---|---|---|---|---|
| 1 | CENOVUS ENERGY INC COM | $159.6M | 5.80M | 9.6% | REDUCED | -563,875 |
| 2 | TARGA RES CORP COM | $118.3M | 471.8K | 7.1% | REDUCED | -56,745 |
| 3 | ENERGY TRANSFER L P COM UT LTD PTN | $107.4M | 5.56M | 6.5% | ADDED | +211.0K |
| 4 | ONEOK INC NEW COM | $104.5M | 1.16M | 6.3% | ADDED | +3.2K |
| 5 | SUNCOR ENERGY INC NEW COM | $101.9M | 1.52M | 6.1% | REDUCED | -245,227 |
| 6 | CHENIERE ENERGY INC COM NEW | $85.1M | 300.1K | 5.1% | ADDED | +35.6K |
| 7 | KINDER MORGAN INC DEL COM | $81.5M | 2.43M | 4.9% | ADDED | +945.0K |
| 8 | PHILLIPS 66 COM | $75.4M | 414.1K | 4.5% | REDUCED | -40,677 |
| 9 | MURPHY USA INC COM | $72.0M | 146.1K | 4.3% | ADDED | +27.5K |
| 10 | PEMBINA PIPELINE CORP COM | $67.2M | 1.49M | 4.0% | ADDED | +4.1K |
| 11 | SUNOCO LP/SUNOCO FIN CORP COM UT REP LP | $66.8M | 1.03M | 4.0% | ADDED | +349.3K |
| 12 | ENTERPRISE PRODS PARTNERS L COM | $63.4M | 1.68M | 3.8% | REDUCED | -25,167 |
| 13 | WILLIAMS COS INC COM | $55.5M | 762.9K | 3.3% | ADDED | +2.2K |
| 14 | PLAINS GP HLDGS L P LTD PARTNR INT A | $51.4M | 2.12M | 3.1% | REDUCED | -307,850 |
| 15 | DT MIDSTREAM INC COMMON STOCK | $47.8M | 355.2K | 2.9% | ADDED | +1.4K |
| 16 | PBF ENERGY INC CL A | $47.8M | 1.00M | 2.9% | REDUCED | -248,000 |
| 17 | WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT | $46.7M | 1.13M | 2.8% | REDUCED | -203,896 |
| 18 | VIPER ENERGY INC CL A | $46.5M | 989.3K | 2.8% | ADDED | +266.7K |
| 19 | MARATHON PETE CORP COM | $44.2M | 181.0K | 2.7% | REDUCED | -100,673 |
| 20 | SOUTH BOW CORP COM | $38.7M | 1.16M | 2.3% | REDUCED | -209,619 |
| 21 | ENBRIDGE INC COM | $25.2M | 465.6K | 1.5% | ADDED | +2.4K |
| 22 | DOW HLDGS INC COM | $14.0M | 335.2K | 0.8% | ADDED | +119.3K |
| 23 | WESTLAKE CORPORATION COM | $13.2M | 112.8K | 0.8% | ADDED | +37.2K |
| 24 | BARRICK MNG CORP COM SHS | $11.4M | 234.8K | 0.7% | ADDED | +5.0K |
| 25 | NEWMONT CORP COM | $10.5M | 97.2K | 0.6% | ADDED | +2.5K |
Holdings data sourced from SEC EDGAR 13F-HR filings. Updated quarterly, approximately 45 days after quarter end. All data is public domain.
Last filed: May 15, 2026