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
+14.72%
1 Year Est. Return
+38.27%
3 Year Est. Return
+108.58%
5 Year Est. Return
+241.5%
10 Year Est. Return
–
AUM
$863M
AUM Growth
+$181M
Cap. Flow
+$78.8M
Cap. Flow %
9.14%
Top 10 Hldgs %
60.58%
Holding
51
New
7
Increased
18
Reduced
6
Closed
1

Top Buys

Rank Stock Value
1
OKE icon
Oneok
OKE
+$20.2M
2
SU icon
Suncor Energy
SU
+$11.4M
3
CVE icon
Cenovus Energy
CVE
+$9.13M
4
LNG icon
Cheniere Energy
LNG
+$8.4M
5
ARLP icon
Alliance Resource Partners
ARLP
+$5.94M

Top Sells

Rank Stock Value
1
WES icon
Western Midstream Partners
WES
+$3.3M
2
TTE icon
TotalEnergies
TTE
+$656K
3
WRK
WestRock Company
WRK
+$655K
4
AMR icon
Alpha Metallurgical Resources
AMR
+$322K
5
PSX icon
Phillips 66
PSX
+$225K

Sector Composition

Rank Sector Weight
1 Energy 95.76%
2 Materials 3.71%
3 Consumer Discretionary 0.25%
4 Consumer Staples 0.15%
5 Real Estate 0.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVE icon
1
Cenovus Energy
CVE
$52.3B
$62.1M 7.21%
3,032,684
+534,449
+21% +$9.13M
ET icon
2
Energy Transfer Partners
ET
$68.5B
$60.5M 7.01%
3,844,840
+177,030
+5% +$2.58M
ETRN
3
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
$58.4M 6.78%
4,679,378
+26,385
+0.6% +$283K
SU icon
4
Suncor Energy
SU
$75.6B
$53.9M 6.25%
1,435,488
+339,227
+31% +$11.4M
PBA icon
5
Pembina Pipeline
PBA
$29B
$50.6M 5.87%
1,421,035
+76,024
+6% +$2.62M
PAGP icon
6
Plains GP Holdings
PAGP
$5.16B
$50.6M 5.87%
2,773,569
+317
+0% +$5.35K
PSX icon
7
Phillips 66
PSX
$83.3B
$49.9M 5.78%
305,384
-1,560
-0.5% -$225K
OKE icon
8
Oneok
OKE
$56.4B
$48.1M 5.58%
599,972
+276,508
+85% +$20.2M
WES icon
9
Western Midstream Partners
WES
$19.3B
$46.1M 5.34%
1,296,155
-106,322
-8% -$3.3M
LNG icon
10
Cheniere Energy
LNG
$53.6B
$42.2M 4.9%
261,961
+52,218
+25% +$8.4M
TRGP icon
11
Targa Resources
TRGP
$57.4B
$39.8M 4.61%
355,312
+6,541
+2% +$617K
EPD icon
12
Enterprise Products Partners
EPD
$82.5B
$35.5M 4.12%
1,216,711
+43,052
+4% +$1.18M
MPC icon
13
Marathon Petroleum
MPC
$91.2B
$35M 4.06%
173,778
-932
-0.5% -$159K
VNOM icon
14
Viper Energy
VNOM
$8.4B
$34.1M 3.95%
885,696
+21,103
+2% +$714K
KMI icon
15
Kinder Morgan
KMI
$70.6B
$34M 3.95%
1,856,131
+3,615
+0.2% +$63.1K
WMB icon
16
Williams Companies
WMB
$86.6B
$33.1M 3.83%
848,452
+1,832
+0.2% +$65.1K
VLO icon
17
Valero Energy
VLO
$90.5B
$29.2M 3.39%
171,200
-505
-0.3% -$72.4K
ARLP icon
18
Alliance Resource Partners
ARLP
$3.3B
$20.6M 2.39%
1,027,744
+291,487
+40% +$5.94M
ENB icon
19
Enbridge
ENB
$121B
$14.1M 1.64%
389,897
+1,987
+0.5% +$70.5K
SUN icon
20
Sunoco
SUN
$14B
$12.3M 1.43%
204,815
+20,379
+11% +$1.23M
TRP icon
21
TC Energy
TRP
$71.2B
$7.36M 0.85%
183,022
– –
TECK icon
22
Teck Resources
TECK
$29.3B
$5.3M 0.61%
+85,530
New +$3.43M
NTR icon
23
Nutrien
NTR
$32.4B
$3.88M 0.45%
+52,691
New +$2.75M
FCX icon
24
Freeport-McMoran
FCX
$90.2B
$3.1M 0.36%
66,028
– –
AA icon
25
Alcoa
AA
$11.6B
$2.91M 0.34%
86,019
– –
1
2 3

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 Q1 2024 Portfolio in Review

As of Q1 2024, Recurrent Investment Advisors held 51 positions worth $863M, up 27% from $682M the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Recurrent Investment Advisors deployed $78.8M of net new capital in Q1 2024, opening 7 new positions and adding to 18 existing holdings. Its largest new stake was Shell: 77,082 shares worth $2.03M.

By sector, the portfolio is most concentrated in Energy at 96% of assets, down from 97% a quarter earlier, followed by Materials and Consumer Discretionary.

On the sell side, the largest reduction was Western Midstream Partners, an estimated $3.3M trimmed.

  • Recurrent Investment Advisors's largest Q1 2024 buy was Shell: 77,082 shares worth $2.03M.
  • Recurrent Investment Advisors added most to Oneok in Q1 2024, an estimated $20.2M increase.
  • Recurrent Investment Advisors's biggest Q1 2024 reduction was Western Midstream Partners, cutting an estimated $3.3M.
  • Recurrent Investment Advisors fully exited Alpha Metallurgical Resources in Q1 2024, selling an estimated $322K.
  • Recurrent Investment Advisors's ten largest holdings make up 61% of its $863M portfolio in Q1 2024.
  • Recurrent Investment Advisors opened 7 new positions and closed 1 in Q1 2024.
  • Recurrent Investment Advisors's portfolio value rose 27% quarter-over-quarter to $863M.

Based on Recurrent Investment Advisors's 13F filing for Q1 2024, filed 15 May 2024.