We are live on ! Find out more
RIA

Recurrent Investment Advisors Portfolio holdings

AUM $1.66B
1-Year Est. Return 38.27%
This Fund
S&P 500
This Quarter Est. Return
+0.81%
1 Year Est. Return
+38.27%
3 Year Est. Return
+108.58%
5 Year Est. Return
+241.5%
10 Year Est. Return
–
AUM
$371M
AUM Growth
+$40.8M
Cap. Flow
+$44.2M
Cap. Flow %
11.94%
Top 10 Hldgs %
60.05%
Holding
50
New
1
Increased
38
Reduced
2
Closed
8

Top Buys

Rank Stock Value
1
CVE icon
Cenovus Energy
CVE
+$5.92M
2
SU icon
Suncor Energy
SU
+$4.65M
3
PBA icon
Pembina Pipeline
PBA
+$4.07M
4
PSX icon
Phillips 66
PSX
+$3.39M
5
VLO icon
Valero Energy
VLO
+$3.17M

Top Sells

Rank Stock Value
1
MMP
Magellan Midstream Partners, L.P.
MMP
+$778K
2
TRP icon
TC Energy
TRP
+$38.9K
3
CNQ icon
Canadian Natural Resources
CNQ
+$7K
4
PXD
Pioneer Natural Resource Co.
PXD
+$6K
5
FANG icon
Diamondback Energy
FANG
+$5K

Sector Composition

Rank Sector Weight
1 Energy 94.21%
2 Materials 4.1%
3 Consumer Staples 1.04%
4 Consumer Discretionary 0.44%
5 Real Estate 0.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVE icon
1
Cenovus Energy
CVE
$54.6B
$30.7M 8.3%
1,922,771
+333,287
+21% +$5.92M
ET icon
2
Energy Transfer Partners
ET
$70.1B
$28M 7.54%
2,534,666
+244,190
+11% +$2.72M
MPC icon
3
Marathon Petroleum
MPC
$90.3B
$22M 5.95%
221,841
+15,472
+7% +$1.45M
VNOM icon
4
Viper Energy
VNOM
$8.81B
$21.9M 5.91%
764,482
+81,381
+12% +$2.37M
PBA icon
5
Pembina Pipeline
PBA
$29.9B
$21.8M 5.87%
716,309
+114,166
+19% +$4.07M
PAGP icon
6
Plains GP Holdings
PAGP
$5.23B
$20M 5.41%
1,839,071
+160,000
+10% +$1.83M
LNG icon
7
Cheniere Energy
LNG
$56.5B
$20M 5.4%
120,667
+7,300
+6% +$1.11M
WES icon
8
Western Midstream Partners
WES
$19.6B
$19.8M 5.35%
787,696
– –
PSX icon
9
Phillips 66
PSX
$82.9B
$19.1M 5.17%
237,208
+39,829
+20% +$3.39M
VLO icon
10
Valero Energy
VLO
$89.8B
$19.1M 5.15%
178,690
+28,788
+19% +$3.17M
TRGP icon
11
Targa Resources
TRGP
$60.4B
$18.9M 5.1%
313,051
+14,600
+5% +$959K
EPD icon
12
Enterprise Products Partners
EPD
$83.8B
$17.4M 4.7%
731,943
+42,746
+6% +$1.1M
SU icon
13
Suncor Energy
SU
$77.7B
$17.1M 4.62%
608,330
+147,331
+32% +$4.65M
KMI icon
14
Kinder Morgan
KMI
$73.1B
$14.8M 4%
891,138
+117,600
+15% +$2.09M
WMB icon
15
Williams Companies
WMB
$90.5B
$13.7M 3.69%
477,848
+48,430
+11% +$1.58M
ARLP icon
16
Alliance Resource Partners
ARLP
$3.18B
$12M 3.25%
526,084
+20,000
+4% +$458K
MMP
17
DELISTED
Magellan Midstream Partners, L.P.
MMP
$8.25M 2.23%
173,663
-15,500
-8% -$778K
ENB icon
18
Enbridge
ENB
$124B
$6.81M 1.84%
183,644
+14,200
+8% +$599K
ETRN
19
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
$5.39M 1.45%
720,697
+122,261
+20% +$1.02M
TRP icon
20
TC Energy
TRP
$73.5B
$3.77M 1.02%
93,476
-785
-0.8% -$38.9K
SUN icon
21
Sunoco
SUN
$14.2B
$3.6M 0.97%
92,455
+14,555
+19% +$573K
DAR icon
22
Darling Ingredients
DAR
$9.93B
$3.2M 0.86%
48,350
+6,558
+16% +$457K
COP icon
23
ConocoPhillips
COP
$147B
$2.07M 0.56%
20,218
+3,517
+21% +$351K
FCX icon
24
Freeport-McMoran
FCX
$90B
$2M 0.54%
73,178
+12,767
+21% +$374K
AA icon
25
Alcoa
AA
$11.7B
$1.96M 0.53%
58,348
+16,212
+38% +$757K
1
2

Similar funds

GACM
Global Alpha Capital Management Montreal, Quebec, Canada $1.66B AUM 27.98% 1-Year Est. Return
GWM
GDS Wealth Management Flower Mound, Texas $1.66B AUM 18.11% 1-Year Est. Return
PP
Patten & Patten Chattanooga, Tennessee $1.66B AUM 18.12% 1-Year Est. Return
CPO
Cerity Partners OCIO New York $1.67B AUM 13.22% 1-Year Est. Return
NRI
NFP Retirement Inc Aliso Viejo, California $1.67B AUM 13.03% 1-Year Est. Return
BFPW
BOK Financial Private Wealth Denver, Colorado $1.66B AUM 18.56% 1-Year Est. Return
CCM
Compass Capital Management Minneapolis, Minnesota $1.66B AUM 7.83% 1-Year Est. Return
JPM
JANA Partners Management New York $1.67B AUM 1.66% 1-Year Est. Return

Recurrent Investment Advisors's Q3 2022 Portfolio in Review

As of Q3 2022, Recurrent Investment Advisors held 50 positions worth $371M, up 12% from $330M the previous quarter. Its ten largest holdings account for 60% of the portfolio.

Recurrent Investment Advisors deployed $44.2M of net new capital in Q3 2022, opening 1 new position and adding to 38 existing holdings. Its largest new stake was Dow Inc: 12,525 shares worth $550K.

By sector, the portfolio is most concentrated in Energy at 94% of assets, down from 94% a quarter earlier, followed by Materials and Consumer Staples.

On the sell side, the largest reduction was Magellan Midstream Partners, L.P., an estimated $778K trimmed.

  • Recurrent Investment Advisors's largest Q3 2022 buy was Dow Inc: 12,525 shares worth $550K.
  • Recurrent Investment Advisors added most to Cenovus Energy in Q3 2022, an estimated $5.92M increase.
  • Recurrent Investment Advisors's biggest Q3 2022 reduction was Magellan Midstream Partners, L.P., cutting an estimated $778K.
  • Recurrent Investment Advisors fully exited Canadian Natural Resources in Q3 2022, selling an estimated $7K.
  • Recurrent Investment Advisors's ten largest holdings make up 60% of its $371M portfolio in Q3 2022.
  • Recurrent Investment Advisors opened 1 new position and closed 8 in Q3 2022.
  • Recurrent Investment Advisors's portfolio value rose 12% quarter-over-quarter to $371M.

Based on Recurrent Investment Advisors's 13F filing for Q3 2022, filed 14 Nov 2022.