ICA

Infrastructure Capital Advisors Portfolio holdings

AUM $794M

AUM

$794M

AUM Growth

+$47.1M (+6%)

Cap. Flow

+$72M

Cap. Flow % of AUM

9.07%

Top 10 Holdings %Top 10 Hldgs %

62.17%

Holding

140

New

Increased

Reduced

Closed

Top Buys

1	Oneok OKE	$74.2M
2	SOBO South Bow Corporation SOBO	$63.3M
3	USA Compression Partners USAC	$53.7M
4	Hess Midstream HESM	$38.7M
5	Global Partners GLP	$24.3M

Top Sells

1	MPLX MPLX	$106M
2	Plains All American Pipeline PAA	$73.5M
3	Genesis Energy GEL	$25.9M
4	Sunoco SUN	$25.4M
5	Enterprise Products Partners EPD	$19M

Sector Composition

1	Energy	63.85%
2	Financials	2.25%
3	Real Estate	1.78%
4	Utilities	1.51%
5	Industrials	0.66%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Suburban Propane Partners SPH $1.24B	$7.36M	0.54%	36,690 -5,520	-13%	-$1.11M
27	27 Virtus InfraCap US Preferred Stock ETF PFFA $1.52B	$7.32M	0.54%	344,941 -471	-0.1%	-$9.99K
28	28 TC Energy TRP $51.9B	$6.79M	0.5%	659,382 +621,948	+1,661%	+$6.41M
29	29 Targa Resources TRGP $34.6B	$6.56M	0.48%	49,703 +17,238	+53%	+$2.28M
30	BHR.PRB 30 Braemar Hotels & Resorts Inc. 5.50% Series B Cumulative Convertible Preferred Stock BHR.PRB $42.3M	$5.38M	0.4%	413,881 +29,428	+8%	+$383K
31	RPT.PRC 31 Rithm Property Trust Inc. 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock RPT.PRC $51.7M	$5.04M	0.37%	199,710	New	+$5.04M
32	32 Marathon Petroleum MPC $48.7B	$4.97M	0.36%	40,061 +11,154	+39%	+$1.38M
33	PCG.PRX 33 PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX $1.34B	$4.43M	0.33%	99,077	New	+$4.43M
34	34 Morgan Stanley MS $205B	$3.41M	0.25%	29,264 +8,263	+39%	+$964K
35	35 Amazon AMZN $2.2T	$2.81M	0.21%	14,769 +2,163	+17%	+$412K
36	36 Goldman Sachs GS $187B	$2.62M	0.19%	4,800 -1,426	-23%	-$779K
37	37 Philip Morris PM $278B	$2.48M	0.18%	15,654 +4,458	+40%	+$708K
38	38 Honeywell HON $144B	$2.47M	0.18%	11,683 +2,536	+28%	+$537K
39	39 Kilroy Realty KRC $3.83B	$2.36M	0.17%	72,046 +902	+1%	+$29.6K
40	40 Citigroup C $143B	$2.28M	0.17%	32,075 +2,246	+8%	+$159K
41	41 Exxon Mobil XOM $441B	$1.95M	0.14%	16,356 +1,050	+7%	+$125K
42	42 Chevron CVX $238B	$1.88M	0.14%	11,245 -9,059	-45%	-$1.52M
43	43 AllianceBernstein AB $4.43B	$1.87M	0.14%	48,880 +4,801	+11%	+$184K
44	44 InfraCap MLP ETF AMZA $402M	$1.84M	0.14%	38,787 -313	-0.8%	-$14.9K
45	45 Broadcom AVGO $1.23T	$1.84M	0.14%	10,984 -3,894	-26%	-$652K
46	46 Boston Properties BXP $10.7B	$1.83M	0.13%	27,301 +5,454	+25%	+$366K
47	47 Equinix EQIX $86.1B	$1.79M	0.13%	2,193 -200	-8%	-$163K
48	48 LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock LXP.PRC $89.3M	$1.77M	0.13%	38,769 +2,744	+8%	+$125K
49	49 UGI UGI $7.64B	$1.66M	0.12%	50,290 +3,190	+7%	+$105K
50	50 Enbridge ENB $102B	$1.42M	0.1%	32,039 -76,740	-71%	-$3.4M