Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CVE | Buy | CENOVUS ENERGY INC | $55,114,891 | +23.0% | 2,562,586 | +0.0% | 8.09% | +6.7% |
| ET | Buy | ENERGY TRANSFER L P | $49,295,022 | +16.8% | 3,513,544 | +5.7% | 7.24% | +1.3% |
| PAGP | Buy | PLAINS GP HLDGS L Pltd partnr int a | $44,643,457 | +13.3% | 2,771,107 | +4.3% | 6.56% | -1.7% |
| SU | Buy | SUNCOR ENERGY INC NEW | $39,918,305 | +26.2% | 1,128,581 | +7.5% | 5.86% | +9.5% |
| PSX | Buy | PHILLIPS 66 | $37,783,090 | +30.0% | 314,466 | +3.2% | 5.55% | +12.8% |
| PBA | Buy | PEMBINA PIPELINE CORP | $36,869,366 | +9.1% | 1,212,978 | +14.1% | 5.41% | -5.4% |
| ETRN | Buy | EQUITRANS MIDSTREAM CORP | $36,315,178 | +52.4% | 3,875,686 | +55.5% | 5.33% | +32.2% |
| MPC | Sell | MARATHON PETE CORP | $35,744,389 | +19.0% | 236,186 | -8.3% | 5.25% | +3.3% |
| LNG | Buy | CHENIERE ENERGY INC | $34,874,005 | +17.0% | 210,135 | +7.4% | 5.12% | +1.5% |
| WES | Buy | WESTERN MIDSTREAM PARTNERS L | $32,115,552 | +15.6% | 1,179,418 | +12.6% | 4.72% | +0.3% |
| VLO | Sell | VALERO ENERGY CORP | $31,834,301 | +15.5% | 224,644 | -4.4% | 4.68% | +0.2% |
| EPD | Buy | ENTERPRISE PRODS PARTNERS L | $30,729,695 | +14.0% | 1,122,751 | +9.8% | 4.51% | -1.1% |
| TRGP | Sell | TARGA RES CORP | $29,874,106 | +11.8% | 348,508 | -0.7% | 4.39% | -3.0% |
| KMI | Buy | KINDER MORGAN INC DEL | $28,575,879 | +24.0% | 1,723,515 | +28.8% | 4.20% | +7.6% |
| WMB | Buy | WILLIAMS COS INC | $28,535,194 | +13.9% | 846,993 | +10.3% | 4.19% | -1.2% |
| VNOM | Sell | VIPER ENERGY PARTNERS LP | $23,661,672 | +3.4% | 848,697 | -0.5% | 3.48% | -10.3% |
| ARLP | Buy | ALLIANCE RESOURCE PARTNERS Lut ltd part | $16,577,214 | +27.8% | 735,784 | +4.9% | 2.43% | +10.9% |
| ENB | Buy | ENBRIDGE INC | $12,866,897 | +5.7% | 387,571 | +18.3% | 1.89% | -8.3% |
| OKE | Buy | ONEOK INC NEW | $11,299,914 | +2760.7% | 178,148 | +2683.6% | 1.66% | +2376.1% |
| SUN | Buy | SUNOCO LP/SUNOCO FIN CORP | $9,021,877 | +26.2% | 184,308 | +12.3% | 1.32% | +9.5% |
| TECK | Buy | TECK RESOURCES LTDcl b | $5,549,452 | +4.9% | 95,002 | +0.0% | 0.82% | -8.9% |
| NTR | Buy | NUTRIEN LTD | $3,510,175 | +7.3% | 41,870 | +0.0% | 0.52% | -7.0% |
| MT | Buy | ARCELORMITTAL SA LUXEMBOURGny registry sh | $3,043,880 | +25.9% | 128,015 | +32.0% | 0.45% | +9.3% |
| AA | Buy | ALCOA CORP | $2,776,160 | +17.8% | 95,532 | +37.5% | 0.41% | +2.3% |
| NUE | Buy | NUCOR CORP | $2,358,071 | -4.6% | 15,082 | +0.0% | 0.35% | -17.2% |
| COP | Sell | CONOCOPHILLIPS | $2,242,416 | -3.0% | 18,718 | -16.1% | 0.33% | -15.9% |
| Sell | SHELL PLCspon ads | $2,218,890 | -2.9% | 84,761 | -13.0% | 0.33% | -15.8% | |
| TTE | Sell | TOTALENERGIES SEsponsored ads | $1,972,471 | -7.5% | 29,995 | -18.9% | 0.29% | -19.7% |
| BHP | Buy | BHP GROUP LTDsponsored ads | $1,933,408 | -4.6% | 33,991 | +0.1% | 0.28% | -17.2% |
| GOLD | Buy | BARRICK GOLD CORP | $1,783,798 | -11.9% | 90,574 | +0.1% | 0.26% | -23.6% |
| WLK | Buy | WESTLAKE CORPORATION | $1,752,736 | +4.4% | 14,059 | +0.1% | 0.26% | -9.5% |
| DOW | Buy | DOW INC | $1,462,448 | -3.1% | 28,364 | +0.1% | 0.22% | -15.7% |
| CTVA | Buy | CORTEVA INC | $1,428,643 | -10.7% | 27,925 | +0.1% | 0.21% | -22.5% |
| XOM | Buy | EXXON MOBIL CORP | $1,411,078 | +9.7% | 12,001 | +0.1% | 0.21% | -5.0% |
| WRK | Buy | WESTROCK CO | $1,351,701 | +23.2% | 37,757 | +0.0% | 0.20% | +6.5% |
| NEM | Buy | NEWMONT CORP | $1,276,512 | -13.4% | 34,547 | +0.0% | 0.19% | -24.9% |
| HAL | Buy | HALLIBURTON CO | $1,268,420 | +23.0% | 31,319 | +0.2% | 0.19% | +6.3% |
| RIO | Buy | RIO TINTO PLCsponsored adr | $1,225,006 | -0.3% | 19,249 | +0.0% | 0.18% | -13.5% |
| FMC | Buy | FMC CORP | $1,122,015 | -35.8% | 16,754 | +0.1% | 0.16% | -44.3% |
| PKX | Sell | POSCO HOLDINGS INCsponsored adr | $1,124,835 | -43.6% | 10,974 | -59.3% | 0.16% | -51.2% |
| WY | Buy | WEYERHAEUSER CO MTN BE | $915,232 | -8.5% | 29,851 | +0.0% | 0.13% | -20.7% |
| DAR | Buy | DARLING INGREDIENTS INC | $796,415 | -18.1% | 15,257 | +0.1% | 0.12% | -29.1% |
| IP | Buy | INTERNATIONAL PAPER CO | $712,238 | +11.5% | 20,080 | +0.0% | 0.10% | -2.8% |
| BP | Buy | BP PLCsponsored adr | $691,702 | +17.1% | 129,611 | +1.1% | 0.10% | +2.0% |
| ADM | Buy | ARCHER DANIELS MIDLAND CO | $661,358 | -0.1% | 8,769 | +0.0% | 0.10% | -13.4% |
| VALE | Buy | VALE S Asponsored ads | $654,938 | -0.1% | 48,876 | +0.1% | 0.10% | -13.5% |
| MOS | Buy | MOSAIC CO NEW | $428,375 | +1.8% | 12,033 | +0.1% | 0.06% | -11.3% |
| AMR | New | ALPHA METALLURGICAL RESOUR I | $246,744 | – | 950 | – | 0.04% | – |
| NEP | Exit | NEXTERA ENERGY PARTNERS LP | $0 | – | -3,500 | – | -0.04% | – |
| FANG | Exit | DIAMONDBACK ENERGY INC | $0 | – | -1,611 | – | -0.04% | – |
| MMP | Exit | MAGELLAN MIDSTREAM PRTNRS LP | $0 | – | -260,531 | – | -2.75% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CVE | New | CENOVUS ENERGY INC | $44,799,439 | – | 2,562,060 | – | 7.58% | – |
| ET | New | ENERGY TRANSFER L P | $42,207,955 | – | 3,323,461 | – | 7.14% | – |
| PAGP | New | PLAINS GP HLDGS L Pltd partnr int a | $39,415,705 | – | 2,656,107 | – | 6.67% | – |
| PBA | New | PEMBINA PIPELINE CORP | $33,804,547 | – | 1,062,940 | – | 5.72% | – |
| SU | New | SUNCOR ENERGY INC NEW | $31,632,555 | – | 1,049,419 | – | 5.35% | – |
| MPC | New | MARATHON PETE CORP | $30,032,196 | – | 257,566 | – | 5.08% | – |
| LNG | New | CHENIERE ENERGY INC | $29,806,949 | – | 195,635 | – | 5.04% | – |
| PSX | New | PHILLIPS 66 | $29,061,237 | – | 304,689 | – | 4.92% | – |
| WES | New | WESTERN MIDSTREAM PARTNERS L | $27,785,932 | – | 1,047,735 | – | 4.70% | – |
| VLO | New | VALERO ENERGY CORP | $27,558,697 | – | 234,942 | – | 4.66% | – |
| EPD | New | ENTERPRISE PRODS PARTNERS L | $26,949,489 | – | 1,022,751 | – | 4.56% | – |
| TRGP | New | TARGA RES CORP | $26,719,319 | – | 351,108 | – | 4.52% | – |
| WMB | New | WILLIAMS COS INC | $25,055,043 | – | 767,853 | – | 4.24% | – |
| ETRN | New | EQUITRANS MIDSTREAM CORP | $23,825,767 | – | 2,492,235 | – | 4.03% | – |
| KMI | New | KINDER MORGAN INC DEL | $23,049,228 | – | 1,338,515 | – | 3.90% | – |
| VNOM | New | VIPER ENERGY PARTNERS LP | $22,875,178 | – | 852,597 | – | 3.87% | – |
| MMP | New | MAGELLAN MIDSTREAM PRTNRS LP | $16,236,292 | – | 260,531 | – | 2.75% | – |
| ARLP | New | ALLIANCE RESOURCE PARTNERS Lut ltd part | $12,966,741 | – | 701,284 | – | 2.20% | – |
| ENB | New | ENBRIDGE INC | $12,169,263 | – | 327,571 | – | 2.06% | – |
| TRP | New | TC ENERGY CORP | $7,410,345 | – | 183,379 | – | 1.25% | – |
| SUN | New | SUNOCO LP/SUNOCO FIN CORP | $7,148,283 | – | 164,102 | – | 1.21% | – |
| TECK | New | TECK RESOURCES LTDcl b | $5,289,938 | – | 94,964 | – | 0.90% | – |
| NTR | New | NUTRIEN LTD | $3,272,138 | – | 41,855 | – | 0.55% | – |
| FCX | New | FREEPORT-MCMORAN INCcl b | $2,932,320 | – | 73,308 | – | 0.50% | – |
| NUE | New | NUCOR CORP | $2,472,162 | – | 15,076 | – | 0.42% | – |
| MT | New | ARCELORMITTAL SA LUXEMBOURGny registry sh | $2,417,374 | – | 96,948 | – | 0.41% | – |
| AA | New | ALCOA CORP | $2,357,558 | – | 69,483 | – | 0.40% | – |
| COP | New | CONOCOPHILLIPS | $2,312,368 | – | 22,318 | – | 0.39% | – |
| New | SHELL PLCspon ads | $2,286,176 | – | 97,423 | – | 0.39% | – | |
| TTE | New | TOTALENERGIES SEsponsored ads | $2,132,392 | – | 36,995 | – | 0.36% | – |
| BHP | New | BHP GROUP LTDsponsored ads | $2,027,229 | – | 33,974 | – | 0.34% | – |
| GOLD | New | BARRICK GOLD CORP | $2,025,064 | – | 90,513 | – | 0.34% | – |
| PKX | New | POSCO HOLDINGS INCsponsored adr | $1,996,058 | – | 26,992 | – | 0.34% | – |
| FMC | New | FMC CORP | $1,746,652 | – | 16,740 | – | 0.30% | – |
| WLK | New | WESTLAKE CORPORATION | $1,678,076 | – | 14,046 | – | 0.28% | – |
| CTVA | New | CORTEVA INC | $1,599,128 | – | 27,908 | – | 0.27% | – |
| DOW | New | DOW INC | $1,509,122 | – | 28,335 | – | 0.26% | – |
| NEM | New | NEWMONT CORP | $1,473,306 | – | 34,536 | – | 0.25% | – |
| XOM | New | EXXON MOBIL CORP | $1,286,035 | – | 11,991 | – | 0.22% | – |
| RIO | New | RIO TINTO PLCsponsored adr | $1,228,409 | – | 19,242 | – | 0.21% | – |
| WRK | New | WESTROCK CO | $1,097,363 | – | 37,749 | – | 0.19% | – |
| HAL | New | HALLIBURTON CO | $1,031,234 | – | 31,259 | – | 0.18% | – |
| WY | New | WEYERHAEUSER CO MTN BE | $999,871 | – | 29,838 | – | 0.17% | – |
| DAR | New | DARLING INGREDIENTS INC | $972,096 | – | 15,239 | – | 0.16% | – |
| ADM | New | ARCHER DANIELS MIDLAND CO | $662,283 | – | 8,765 | – | 0.11% | – |
| VALE | New | VALE S Asponsored ads | $655,554 | – | 48,849 | – | 0.11% | – |
| IP | New | INTERNATIONAL PAPER CO | $638,522 | – | 20,073 | – | 0.11% | – |
| BP | New | BP PLCsponsored adr | $590,863 | – | 128,230 | – | 0.10% | – |
| MOS | New | MOSAIC CO NEW | $420,910 | – | 12,026 | – | 0.07% | – |
| OKE | New | ONEOK INC NEW | $395,008 | – | 6,400 | – | 0.07% | – |
| MUSA | New | MURPHY USA INC | $357,777 | – | 1,150 | – | 0.06% | – |
| FANG | New | DIAMONDBACK ENERGY INC | $211,621 | – | 1,611 | – | 0.04% | – |
| NEP | New | NEXTERA ENERGY PARTNERS LP | $205,240 | – | 3,500 | – | 0.04% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MOS | Exit | MOSAIC CO NEW | $0 | – | -10,846 | – | -0.14% | – |
| DOW | Exit | DOW INC | $0 | – | -12,525 | – | -0.15% | – |
| IP | Exit | INTERNATIONAL PAPER CO | $0 | – | -18,133 | – | -0.16% | – |
| VALE | Exit | VALE S Asponsored ads | $0 | – | -44,279 | – | -0.16% | – |
| ADM | Exit | ARCHER DANIELS MIDLAND CO | $0 | – | -7,965 | – | -0.17% | – |
| WY | Exit | WEYERHAEUSER CO MTN BE | $0 | – | -27,048 | – | -0.21% | – |
| WLK | Exit | WESTLAKE CORPORATION | $0 | – | -9,631 | – | -0.23% | – |
| NEM | Exit | NEWMONT CORP | $0 | – | -20,191 | – | -0.23% | – |
| PKX | Exit | POSCO HOLDINGS INCsponsored adr | $0 | – | -24,471 | – | -0.24% | – |
| RIO | Exit | RIO TINTO PLCsponsored adr | $0 | – | -17,452 | – | -0.26% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -11,446 | – | -0.27% | – |
| WRK | Exit | WESTROCK CO | $0 | – | -34,169 | – | -0.28% | – |
| CTVA | Exit | CORTEVA INC | $0 | – | -25,228 | – | -0.39% | – |
| NUE | Exit | NUCOR CORP | $0 | – | -13,602 | – | -0.39% | – |
| BHP | Exit | BHP GROUP LTDsponsored ads | $0 | – | -30,744 | – | -0.42% | – |
| FMC | Exit | FMC CORP | $0 | – | -15,186 | – | -0.43% | – |
| TTE | Exit | TOTALENERGIES SEsponsored ads | $0 | – | -36,933 | – | -0.46% | – |
| AA | Exit | ALCOA CORP | $0 | – | -58,348 | – | -0.53% | – |
| FCX | Exit | FREEPORT-MCMORAN INCcl b | $0 | – | -73,178 | – | -0.54% | – |
| COP | Exit | CONOCOPHILLIPS | $0 | – | -20,218 | – | -0.56% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -48,350 | – | -0.86% | – |
| SUN | Exit | SUNOCO LP/SUNOCO FIN CORP | $0 | – | -92,455 | – | -0.97% | – |
| TRP | Exit | TC ENERGY CORP | $0 | – | -93,476 | – | -1.02% | – |
| ETRN | Exit | EQUITRANS MIDSTREAM CORP | $0 | – | -720,697 | – | -1.46% | – |
| ENB | Exit | ENBRIDGE INC | $0 | – | -183,644 | – | -1.84% | – |
| MMP | Exit | MAGELLAN MIDSTREAM PRTNRS LP | $0 | – | -173,663 | – | -2.23% | – |
| ARLP | Exit | ALLIANCE RESOURCE PARTNERS Lut ltd part | $0 | – | -526,084 | – | -3.25% | – |
| WMB | Exit | WILLIAMS COS INC | $0 | – | -477,848 | – | -3.69% | – |
| KMI | Exit | KINDER MORGAN INC DEL | $0 | – | -891,138 | – | -4.00% | – |
| SU | Exit | SUNCOR ENERGY INC NEW | $0 | – | -608,330 | – | -4.62% | – |
| EPD | Exit | ENTERPRISE PRODS PARTNERS L | $0 | – | -731,943 | – | -4.70% | – |
| TRGP | Exit | TARGA RES CORP | $0 | – | -313,051 | – | -5.10% | – |
| VLO | Exit | VALERO ENERGY CORP | $0 | – | -178,690 | – | -5.15% | – |
| PSX | Exit | PHILLIPS 66 | $0 | – | -237,208 | – | -5.17% | – |
| WES | Exit | WESTERN MIDSTREAM PARTNERS L | $0 | – | -787,696 | – | -5.35% | – |
| LNG | Exit | CHENIERE ENERGY INC | $0 | – | -120,667 | – | -5.40% | – |
| PAGP | Exit | PLAINS GP HLDGS L Pltd partnr int a | $0 | – | -1,839,071 | – | -5.41% | – |
| PBA | Exit | PEMBINA PIPELINE CORP | $0 | – | -716,309 | – | -5.87% | – |
| VNOM | Exit | VIPER ENERGY PARTNERS LP | $0 | – | -764,482 | – | -5.91% | – |
| MPC | Exit | MARATHON PETE CORP | $0 | – | -221,841 | – | -5.95% | – |
| ET | Exit | ENERGY TRANSFER L P | $0 | – | -2,534,666 | – | -7.54% | – |
| CVE | Exit | CENOVUS ENERGY INC | $0 | – | -1,922,771 | – | -8.30% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CVE | Buy | CENOVUS ENERGY INC | $30,745,000 | +1.8% | 1,922,771 | +21.0% | 8.30% | -9.5% |
| ET | Buy | ENERGY TRANSFER L P | $27,957,000 | +22.3% | 2,534,666 | +10.7% | 7.54% | +8.8% |
| MPC | Buy | MARATHON PETE CORP | $22,035,000 | +29.9% | 221,841 | +7.5% | 5.95% | +15.6% |
| VNOM | Buy | VIPER ENERGY PARTNERS LP | $21,910,000 | +20.2% | 764,482 | +11.9% | 5.91% | +7.0% |
| PBA | Buy | PEMBINA PIPELINE CORP | $21,754,000 | +2.2% | 716,309 | +19.0% | 5.87% | -9.0% |
| PAGP | Buy | PLAINS GP HLDGS L Pltd partnr int a | $20,047,000 | +16.0% | 1,839,071 | +9.5% | 5.41% | +3.2% |
| LNG | Buy | CHENIERE ENERGY INC | $20,020,000 | +32.7% | 120,667 | +6.4% | 5.40% | +18.2% |
| PSX | Buy | PHILLIPS 66 | $19,147,000 | +18.3% | 237,208 | +20.2% | 5.17% | +5.3% |
| VLO | Buy | VALERO ENERGY CORP | $19,093,000 | +19.8% | 178,690 | +19.2% | 5.15% | +6.6% |
| TRGP | Buy | TARGA RES CORP | $18,889,000 | +6.1% | 313,051 | +4.9% | 5.10% | -5.6% |
| EPD | Buy | ENTERPRISE PRODS PARTNERS L | $17,406,000 | +3.6% | 731,943 | +6.2% | 4.70% | -7.8% |
| SU | Buy | SUNCOR ENERGY INC NEW | $17,124,000 | +5.9% | 608,330 | +32.0% | 4.62% | -5.8% |
| KMI | Buy | KINDER MORGAN INC DEL | $14,829,000 | +14.4% | 891,138 | +15.2% | 4.00% | +1.8% |
| WMB | Buy | WILLIAMS COS INC | $13,681,000 | +2.1% | 477,848 | +11.3% | 3.69% | -9.2% |
| ARLP | Buy | ALLIANCE RESOURCE PARTNERS Lut ltd part | $12,047,000 | +30.6% | 526,084 | +4.0% | 3.25% | +16.2% |
| MMP | Sell | MAGELLAN MIDSTREAM PRTNRS LP | $8,251,000 | -8.7% | 173,663 | -8.2% | 2.23% | -18.7% |
| ENB | Buy | ENBRIDGE INC | $6,813,000 | -4.9% | 183,644 | +8.4% | 1.84% | -15.3% |
| ETRN | Buy | EQUITRANS MIDSTREAM CORP | $5,391,000 | +41.6% | 720,697 | +20.4% | 1.46% | +26.1% |
| TRP | Sell | TC ENERGY CORP | $3,766,000 | -22.9% | 93,476 | -0.8% | 1.02% | -31.4% |
| SUN | Buy | SUNOCO LP/SUNOCO FIN CORP | $3,603,000 | +24.2% | 92,455 | +18.7% | 0.97% | +10.5% |
| DAR | Buy | DARLING INGREDIENTS INC | $3,198,000 | +28.0% | 48,350 | +15.7% | 0.86% | +13.9% |
| COP | Buy | CONOCOPHILLIPS | $2,069,000 | +37.9% | 20,218 | +21.1% | 0.56% | +22.6% |
| FCX | Buy | FREEPORT-MCMORAN INCcl b | $2,000,000 | +13.1% | 73,178 | +21.1% | 0.54% | +0.7% |
| AA | Buy | ALCOA CORP | $1,964,000 | +2.2% | 58,348 | +38.5% | 0.53% | -9.1% |
| TTE | Buy | TOTALENERGIES SEsponsored ads | $1,718,000 | +7.1% | 36,933 | +21.2% | 0.46% | -4.5% |
| FMC | Buy | FMC CORP | $1,605,000 | +50.0% | 15,186 | +51.9% | 0.43% | +33.6% |
| BHP | Buy | BHP GROUP LTDsponsored ads | $1,538,000 | +7.8% | 30,744 | +21.0% | 0.42% | -4.2% |
| NUE | Buy | NUCOR CORP | $1,455,000 | +23.6% | 13,602 | +20.7% | 0.39% | +10.1% |
| CTVA | Buy | CORTEVA INC | $1,442,000 | +28.2% | 25,228 | +21.4% | 0.39% | +14.1% |
| WRK | Buy | WESTROCK CO | $1,055,000 | -6.1% | 34,169 | +21.2% | 0.28% | -16.4% |
| XOM | Buy | EXXON MOBIL CORP | $999,000 | +23.3% | 11,446 | +21.1% | 0.27% | +9.8% |
| RIO | Buy | RIO TINTO PLCsponsored adr | $961,000 | +9.3% | 17,452 | +21.1% | 0.26% | -3.0% |
| PKX | Buy | POSCO HOLDINGS INCsponsored adr | $896,000 | -0.3% | 24,471 | +21.2% | 0.24% | -11.4% |
| NEM | Buy | NEWMONT CORP | $849,000 | -14.7% | 20,191 | +21.1% | 0.23% | -24.2% |
| WLK | Buy | WESTLAKE CORPORATION | $837,000 | +7.7% | 9,631 | +21.5% | 0.23% | -4.2% |
| WY | Buy | WEYERHAEUSER CO MTN BE | $772,000 | +4.5% | 27,048 | +21.2% | 0.21% | -7.1% |
| ADM | Buy | ARCHER DANIELS MIDLAND CO | $641,000 | +26.4% | 7,965 | +21.9% | 0.17% | +12.3% |
| VALE | Buy | VALE S Asponsored ads | $590,000 | +10.5% | 44,279 | +21.3% | 0.16% | -1.9% |
| IP | Buy | INTERNATIONAL PAPER CO | $575,000 | -8.0% | 18,133 | +21.4% | 0.16% | -18.4% |
| DOW | New | DOW INC | $550,000 | – | 12,525 | – | 0.15% | – |
| MOS | Buy | MOSAIC CO NEW | $524,000 | +23.3% | 10,846 | +20.5% | 0.14% | +9.3% |
| MT | Exit | ARCELORMITTAL SA LUXEMBOURGny registry sh | $0 | – | -31 | – | 0.00% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -225 | – | -0.00% | – |
| HAL | Exit | HALLIBURTON CO | $0 | – | -107 | – | -0.00% | – |
| TECK | Exit | TECK RESOURCES LTDcl b | $0 | – | -56 | – | -0.00% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -33 | – | -0.00% | – |
| FANG | Exit | DIAMONDBACK ENERGY INC | $0 | – | -41 | – | -0.00% | – |
| CNQ | Exit | CANADIAN NAT RES LTD | $0 | – | -123 | – | -0.00% | – |
| PXD | Exit | PIONEER NAT RES CO | $0 | – | -28 | – | -0.00% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CVE | New | CENOVUS ENERGY INC | $30,216,000 | – | 1,589,484 | – | 9.16% | – |
| ET | New | ENERGY TRANSFER L P | $22,859,000 | – | 2,290,476 | – | 6.93% | – |
| PBA | New | PEMBINA PIPELINE CORP | $21,286,000 | – | 602,143 | – | 6.46% | – |
| WES | New | WESTERN MIDSTREAM PARTNERS L | $19,149,000 | – | 787,696 | – | 5.81% | – |
| VNOM | New | VIPER ENERGY PARTNERS LP | $18,225,000 | – | 683,101 | – | 5.53% | – |
| TRGP | New | TARGA RES CORP | $17,809,000 | – | 298,451 | – | 5.40% | – |
| PAGP | New | PLAINS GP HLDGS L Pltd partnr int a | $17,280,000 | – | 1,679,071 | – | 5.24% | – |
| MPC | New | MARATHON PETE CORP | $16,966,000 | – | 206,369 | – | 5.14% | – |
| EPD | New | ENTERPRISE PRODS PARTNERS L | $16,796,000 | – | 689,197 | – | 5.09% | – |
| PSX | New | PHILLIPS 66 | $16,183,000 | – | 197,379 | – | 4.91% | – |
| SU | New | SUNCOR ENERGY INC NEW | $16,167,000 | – | 460,999 | – | 4.90% | – |
| VLO | New | VALERO ENERGY CORP | $15,932,000 | – | 149,902 | – | 4.83% | – |
| LNG | New | CHENIERE ENERGY INC | $15,081,000 | – | 113,367 | – | 4.57% | – |
| WMB | New | WILLIAMS COS INC | $13,402,000 | – | 429,418 | – | 4.06% | – |
| KMI | New | KINDER MORGAN INC DEL | $12,964,000 | – | 773,538 | – | 3.93% | – |
| ARLP | New | ALLIANCE RESOURCE PARTNERS Lut ltd part | $9,226,000 | – | 506,084 | – | 2.80% | – |
| MMP | New | MAGELLAN MIDSTREAM PRTNRS LP | $9,034,000 | – | 189,163 | – | 2.74% | – |
| ENB | New | ENBRIDGE INC | $7,161,000 | – | 169,444 | – | 2.17% | – |
| TRP | New | TC ENERGY CORP | $4,884,000 | – | 94,261 | – | 1.48% | – |
| ETRN | New | EQUITRANS MIDSTREAM CORP | $3,806,000 | – | 598,436 | – | 1.15% | – |
| SUN | New | SUNOCO LP/SUNOCO FIN CORP | $2,902,000 | – | 77,900 | – | 0.88% | – |
| DAR | New | DARLING INGREDIENTS INC | $2,499,000 | – | 41,792 | – | 0.76% | – |
| AA | New | ALCOA CORP | $1,921,000 | – | 42,136 | – | 0.58% | – |
| FCX | New | FREEPORT-MCMORAN INCcl b | $1,768,000 | – | 60,411 | – | 0.54% | – |
| TTE | New | TOTALENERGIES SEsponsored ads | $1,604,000 | – | 30,468 | – | 0.49% | – |
| COP | New | CONOCOPHILLIPS | $1,500,000 | – | 16,701 | – | 0.46% | – |
| BHP | New | BHP GROUP LTDsponsored ads | $1,427,000 | – | 25,407 | – | 0.43% | – |
| NUE | New | NUCOR CORP | $1,177,000 | – | 11,272 | – | 0.36% | – |
| CTVA | New | CORTEVA INC | $1,125,000 | – | 20,781 | – | 0.34% | – |
| WRK | New | WESTROCK CO | $1,123,000 | – | 28,191 | – | 0.34% | – |
| FMC | New | FMC CORP | $1,070,000 | – | 9,997 | – | 0.32% | – |
| NEM | New | NEWMONT CORP | $995,000 | – | 16,677 | – | 0.30% | – |
| PKX | New | POSCO HOLDINGS INCsponsored adr | $899,000 | – | 20,196 | – | 0.27% | – |
| RIO | New | RIO TINTO PLCsponsored adr | $879,000 | – | 14,416 | – | 0.27% | – |
| XOM | New | EXXON MOBIL CORP | $810,000 | – | 9,453 | – | 0.25% | – |
| WLK | New | WESTLAKE CORPORATION | $777,000 | – | 7,925 | – | 0.24% | – |
| WY | New | WEYERHAEUSER CO MTN BE | $739,000 | – | 22,308 | – | 0.22% | – |
| IP | New | INTERNATIONAL PAPER CO | $625,000 | – | 14,931 | – | 0.19% | – |
| VALE | New | VALE S Asponsored ads | $534,000 | – | 36,517 | – | 0.16% | – |
| ADM | New | ARCHER DANIELS MIDLAND CO | $507,000 | – | 6,533 | – | 0.15% | – |
| MOS | New | MOSAIC CO NEW | $425,000 | – | 9,000 | – | 0.13% | – |
| CNQ | New | CANADIAN NAT RES LTD | $7,000 | – | 123 | – | 0.00% | – |
| FANG | New | DIAMONDBACK ENERGY INC | $5,000 | – | 41 | – | 0.00% | – |
| PXD | New | PIONEER NAT RES CO | $6,000 | – | 28 | – | 0.00% | – |
| CVX | New | CHEVRON CORP NEW | $5,000 | – | 33 | – | 0.00% | – |
| GOLD | New | BARRICK GOLD CORP | $4,000 | – | 225 | – | 0.00% | – |
| TECK | New | TECK RESOURCES LTDcl b | $2,000 | – | 56 | – | 0.00% | – |
| HAL | New | HALLIBURTON CO | $3,000 | – | 107 | – | 0.00% | – |
| MT | New | ARCELORMITTAL SA LUXEMBOURGny registry sh | $1,000 | – | 31 | – | 0.00% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FMC | Exit | FMC CORP | $0 | – | -3,416 | – | -0.14% | – |
| ADM | Exit | ARCHER DANIELS MIDLAND CO | $0 | – | -5,589 | – | -0.15% | – |
| CTVA | Exit | CORTEVA INC | $0 | – | -9,000 | – | -0.17% | – |
| VALE | Exit | VALE S Asponsored ads | $0 | – | -31,239 | – | -0.19% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -9,453 | – | -0.24% | – |
| NUE | Exit | NUCOR CORP | $0 | – | -6,228 | – | -0.27% | – |
| WLK | Exit | WESTLAKE CHEM CORP | $0 | – | -6,784 | – | -0.27% | – |
| WY | Exit | WEYERHAEUSER CO MTN BE | $0 | – | -19,084 | – | -0.30% | – |
| IP | Exit | INTERNATIONAL PAPER CO | $0 | – | -12,798 | – | -0.31% | – |
| NEM | Exit | NEWMONT CORP | $0 | – | -14,278 | – | -0.34% | – |
| PKX | Exit | POSCOsponsored adr | $0 | – | -13,000 | – | -0.39% | – |
| COP | Exit | CONOCOPHILLIPS | $0 | – | -16,701 | – | -0.50% | – |
| BHP | Exit | BHP GROUP LTDsponsored ads | $0 | – | -21,735 | – | -0.51% | – |
| TTE | Exit | TOTALENERGIES SEsponsored ads | $0 | – | -25,468 | – | -0.54% | – |
| RIO | Exit | RIO TINTO PLCsponsored adr | $0 | – | -18,332 | – | -0.54% | – |
| FCX | Exit | FREEPORT-MCMORAN INCcl b | $0 | – | -38,881 | – | -0.56% | – |
| REGI | Exit | RENEWABLE ENERGY GROUP INC | $0 | – | -25,380 | – | -0.56% | – |
| WRK | Exit | WESTROCK CO | $0 | – | -28,430 | – | -0.62% | – |
| AA | Exit | ALCOA CORP | $0 | – | -45,636 | – | -0.98% | – |
| ARLP | Exit | ALLIANCE RESOURCE PARTNERS Lut ltd part | $0 | – | -237,424 | – | -1.13% | – |
| SUN | Exit | SUNOCO LP/SUNOCO FIN CORP | $0 | – | -76,820 | – | -1.26% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -42,492 | – | -1.34% | – |
| TRP | Exit | TC ENERGY CORP | $0 | – | -88,510 | – | -1.87% | – |
| ETRN | Exit | EQUITRANS MIDSTREAM CORP | $0 | – | -422,539 | – | -1.88% | – |
| LNG | Exit | CHENIERE ENERGY INC | $0 | – | -58,584 | – | -2.51% | – |
| ENB | Exit | ENBRIDGE INC | $0 | – | -156,744 | – | -2.74% | – |
| MMP | Exit | MAGELLAN MIDSTREAM PRTNRS LP | $0 | – | -165,179 | – | -3.31% | – |
| WMB | Exit | WILLIAMS COS INC | $0 | – | -346,518 | – | -3.95% | – |
| PSX | Exit | PHILLIPS 66 | $0 | – | -135,151 | – | -4.16% | – |
| SU | Exit | SUNCOR ENERGY INC NEW | $0 | – | -458,362 | – | -4.18% | – |
| TRGP | Exit | TARGA RES CORP | $0 | – | -211,158 | – | -4.56% | – |
| KMI | Exit | KINDER MORGAN INC DEL | $0 | – | -650,298 | – | -4.78% | – |
| VLO | Exit | VALERO ENERGY CORP | $0 | – | -158,802 | – | -4.92% | – |
| PAGP | Exit | PLAINS GP HLDGS L Pltd partnr int a | $0 | – | -1,082,464 | – | -5.12% | – |
| EPD | Exit | ENTERPRISE PRODS PARTNERS L | $0 | – | -574,538 | – | -5.46% | – |
| WES | Exit | WESTERN MIDSTREAM PARTNERS L | $0 | – | -604,732 | – | -5.57% | – |
| MPC | Exit | MARATHON PETE CORP | $0 | – | -211,049 | – | -5.73% | – |
| VNOM | Exit | VIPER ENERGY PARTNERS LP | $0 | – | -608,101 | – | -5.84% | – |
| PBA | Exit | PEMBINA PIPELINE CORP | $0 | – | -448,999 | – | -6.25% | – |
| ET | Exit | ENERGY TRANSFER L P | $0 | – | -1,703,177 | – | -7.17% | – |
| CVE | Exit | CENOVUS ENERGY INC | $0 | – | -1,971,767 | – | -8.71% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CVE | Buy | CENOVUS ENERGY INC | $19,836,000 | +34.7% | 1,971,767 | +28.3% | 8.71% | +17.4% |
| ET | Buy | ENERGY TRANSFER L P | $16,316,000 | +9.0% | 1,703,177 | +20.9% | 7.17% | -5.0% |
| PBA | Buy | PEMBINA PIPELINE CORP | $14,229,000 | +19.5% | 448,999 | +19.8% | 6.25% | +4.2% |
| VNOM | Buy | VIPER ENERGY PARTNERS LP | $13,287,000 | +35.6% | 608,101 | +16.8% | 5.84% | +18.1% |
| MPC | Buy | MARATHON PETE CORP | $13,045,000 | +15.1% | 211,049 | +12.5% | 5.73% | +0.3% |
| WES | Buy | WESTERN MIDSTREAM PARTNERS L | $12,675,000 | +18.4% | 604,732 | +21.0% | 5.57% | +3.2% |
| EPD | Buy | ENTERPRISE PRODS PARTNERS L | $12,433,000 | +4.8% | 574,538 | +16.9% | 5.46% | -8.7% |
| PAGP | Buy | PLAINS GP HLDGS L Pltd partnr int a | $11,664,000 | +13.0% | 1,082,464 | +25.2% | 5.12% | -1.6% |
| VLO | Buy | VALERO ENERGY CORP | $11,207,000 | +13.1% | 158,802 | +25.1% | 4.92% | -1.4% |
| KMI | Buy | KINDER MORGAN INC DEL | $10,879,000 | -4.5% | 650,298 | +4.1% | 4.78% | -16.8% |
| TRGP | Buy | TARGA RES CORP | $10,391,000 | +34.1% | 211,158 | +21.1% | 4.56% | +16.8% |
| SU | Buy | SUNCOR ENERGY INC NEW | $9,506,000 | +14.4% | 458,362 | +32.2% | 4.18% | -0.3% |
| PSX | Buy | PHILLIPS 66 | $9,465,000 | +6.1% | 135,151 | +30.1% | 4.16% | -7.5% |
| WMB | Buy | WILLIAMS COS INC | $8,989,000 | +14.8% | 346,518 | +17.5% | 3.95% | +0.0% |
| MMP | Buy | MAGELLAN MIDSTREAM PRTNRS LP | $7,529,000 | +14.0% | 165,179 | +22.3% | 3.31% | -0.6% |
| ENB | Buy | ENBRIDGE INC | $6,238,000 | +11.9% | 156,744 | +12.6% | 2.74% | -2.5% |
| LNG | Buy | CHENIERE ENERGY INC | $5,722,000 | +31.0% | 58,584 | +16.4% | 2.51% | +14.2% |
| ETRN | Buy | EQUITRANS MIDSTREAM CORP | $4,285,000 | +31.7% | 422,539 | +10.5% | 1.88% | +14.8% |
| TRP | Buy | TC ENERGY CORP | $4,256,000 | +7.7% | 88,510 | +10.9% | 1.87% | -6.2% |
| DAR | Buy | DARLING INGREDIENTS INC | $3,055,000 | +35.4% | 42,492 | +27.1% | 1.34% | +18.0% |
| SUN | Buy | SUNOCO LP/SUNOCO FIN CORP | $2,867,000 | +13.8% | 76,820 | +15.0% | 1.26% | -0.8% |
| ARLP | New | ALLIANCE RESOURCE PARTNERS Lut ltd part | $2,581,000 | – | 237,424 | – | 1.13% | – |
| REGI | Buy | RENEWABLE ENERGY GROUP INC | $1,274,000 | +4.8% | 25,380 | +30.2% | 0.56% | -8.6% |
| RIO | Buy | RIO TINTO PLCsponsored adr | $1,225,000 | +21.0% | 18,332 | +48.7% | 0.54% | +5.5% |
| PKX | Buy | POSCOsponsored adr | $897,000 | +55.7% | 13,000 | +73.3% | 0.39% | +35.9% |
| AMTX | Exit | AEMETIS INC | $0 | – | -58,150 | – | -0.33% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -35,122 | – | -0.37% | – |
| NTR | Exit | NUTRIEN LTD | $0 | – | -27,085 | – | -0.83% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ET | New | ENERGY TRANSFER L P | $14,970,000 | – | 1,408,281 | – | 7.54% | – |
| CVE | New | CENOVUS ENERGY INC | $14,727,000 | – | 1,537,251 | – | 7.42% | – |
| PBA | New | PEMBINA PIPELINE CORP | $11,906,000 | – | 374,756 | – | 6.00% | – |
| EPD | New | ENTERPRISE PRODS PARTNERS L | $11,862,000 | – | 491,607 | – | 5.98% | – |
| KMI | New | KINDER MORGAN INC DEL | $11,391,000 | – | 624,841 | – | 5.74% | – |
| MPC | New | MARATHON PETE CORP | $11,331,000 | – | 187,530 | – | 5.71% | – |
| WES | New | WESTERN MIDSTREAM PARTNERS L | $10,701,000 | – | 499,575 | – | 5.39% | – |
| PAGP | New | PLAINS GP HLDGS L Pltd partnr int a | $10,324,000 | – | 864,646 | – | 5.20% | – |
| VLO | New | VALERO ENERGY CORP | $9,908,000 | – | 126,897 | – | 4.99% | – |
| VNOM | New | VIPER ENERGY PARTNERS LP | $9,801,000 | – | 520,508 | – | 4.94% | – |
| PSX | New | PHILLIPS 66 | $8,917,000 | – | 103,907 | – | 4.49% | – |
| SU | New | SUNCOR ENERGY INC NEW | $8,313,000 | – | 346,816 | – | 4.19% | – |
| WMB | New | WILLIAMS COS INC | $7,832,000 | – | 294,989 | – | 3.95% | – |
| TRGP | New | TARGA RES CORP | $7,751,000 | – | 174,382 | – | 3.91% | – |
| MMP | New | MAGELLAN MIDSTREAM PRTNRS LP | $6,604,000 | – | 135,026 | – | 3.33% | – |
| ENB | New | ENBRIDGE INC | $5,574,000 | – | 139,214 | – | 2.81% | – |
| LNG | New | CHENIERE ENERGY INC | $4,367,000 | – | 50,342 | – | 2.20% | – |
| TRP | New | TC ENERGY CORP | $3,952,000 | – | 79,809 | – | 1.99% | – |
| ETRN | New | EQUITRANS MIDSTREAM CORP | $3,253,000 | – | 382,220 | – | 1.64% | – |
| SUN | New | SUNOCO LP/SUNOCO FIN CORP | $2,519,000 | – | 66,820 | – | 1.27% | – |
| DAR | New | DARLING INGREDIENTS INC | $2,257,000 | – | 33,432 | – | 1.14% | – |
| AA | New | ALCOA CORP | $1,681,000 | – | 45,636 | – | 0.85% | – |
| NTR | New | NUTRIEN LTD | $1,641,000 | – | 27,085 | – | 0.83% | – |
| BHP | New | BHP GROUP LTDsponsored ads | $1,583,000 | – | 21,735 | – | 0.80% | – |
| WRK | New | WESTROCK CO | $1,513,000 | – | 28,430 | – | 0.76% | – |
| FCX | New | FREEPORT-MCMORAN INCcl b | $1,443,000 | – | 38,881 | – | 0.73% | – |
| REGI | New | RENEWABLE ENERGY GROUP INC | $1,216,000 | – | 19,499 | – | 0.61% | – |
| TTE | New | TOTALENERGIES SEsponsored ads | $1,153,000 | – | 25,468 | – | 0.58% | – |
| COP | New | CONOCOPHILLIPS | $1,017,000 | – | 16,701 | – | 0.51% | – |
| RIO | New | RIO TINTO PLCsponsored adr | $1,012,000 | – | 12,332 | – | 0.51% | – |
| NEM | New | NEWMONT CORP | $905,000 | – | 14,278 | – | 0.46% | – |
| IP | New | INTERNATIONAL PAPER CO | $785,000 | – | 12,798 | – | 0.40% | – |
| GOLD | New | BARRICK GOLD CORP | $726,000 | – | 35,122 | – | 0.37% | – |
| VALE | New | VALE S Asponsored ads | $713,000 | – | 31,239 | – | 0.36% | – |
| WY | New | WEYERHAEUSER CO MTN BE | $657,000 | – | 19,084 | – | 0.33% | – |
| AMTX | New | AEMETIS INC | $650,000 | – | 58,150 | – | 0.33% | – |
| WLK | New | WESTLAKE CHEM CORP | $611,000 | – | 6,784 | – | 0.31% | – |
| NUE | New | NUCOR CORP | $597,000 | – | 6,228 | – | 0.30% | – |
| XOM | New | EXXON MOBIL CORP | $596,000 | – | 9,453 | – | 0.30% | – |
| PKX | New | POSCOsponsored adr | $576,000 | – | 7,500 | – | 0.29% | – |
| CTVA | New | CORTEVA INC | $399,000 | – | 9,000 | – | 0.20% | – |
| FMC | New | FMC CORP | $370,000 | – | 3,416 | – | 0.19% | – |
| ADM | New | ARCHER DANIELS MIDLAND CO | $339,000 | – | 5,589 | – | 0.17% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CTVA | Exit | CORTEVA INC | $0 | – | -9,000 | – | -0.28% | – |
| ADM | Exit | ARCHER DANIELS MIDLAND CO | $0 | – | -5,589 | – | -0.28% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -9,362 | – | -0.34% | – |
| OKE | Exit | ONEOK INC NEW | $0 | – | -18,053 | – | -0.50% | – |
| IP | Exit | INTERNATIONAL PAPER CO | $0 | – | -12,773 | – | -0.55% | – |
| VALE | Exit | VALE S Asponsored ads | $0 | – | -51,139 | – | -0.58% | – |
| WY | Exit | WEYERHAEUSER CO MTN BE | $0 | – | -19,084 | – | -0.58% | – |
| COP | Exit | CONOCOPHILLIPS | $0 | – | -16,618 | – | -0.58% | – |
| PKX | Exit | POSCOsponsored adr | $0 | – | -13,900 | – | -0.62% | – |
| NUE | Exit | NUCOR CORP | $0 | – | -13,282 | – | -0.64% | – |
| WLK | Exit | WESTLAKE CHEM CORP | $0 | – | -10,754 | – | -0.72% | – |
| WRK | Exit | WESTROCK CO | $0 | – | -20,835 | – | -0.77% | – |
| NEM | Exit | NEWMONT CORP | $0 | – | -11,500 | – | -0.78% | – |
| RIO | Exit | RIO TINTO PLCsponsored adr | $0 | – | -12,332 | – | -0.79% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -27,839 | – | -0.83% | – |
| AA | Exit | ALCOA CORP | $0 | – | -69,600 | – | -0.86% | – |
| NTR | Exit | NUTRIEN LTD | $0 | – | -27,085 | – | -1.13% | – |
| BHP | Exit | BHP GROUP LTDsponsored ads | $0 | – | -21,735 | – | -1.20% | – |
| PLUG | Exit | PLUG POWER INC | $0 | – | -94,019 | – | -1.34% | – |
| FCX | Exit | FREEPORT-MCMORAN INCcl b | $0 | – | -98,247 | – | -1.64% | – |
| SU | Exit | SUNCOR ENERGY INC NEW | $0 | – | -136,603 | – | -1.78% | – |
| LNG | Exit | CHENIERE ENERGY INC | $0 | – | -39,849 | – | -1.96% | – |
| TTE | Exit | TOTAL SEsponsored ads | $0 | – | -68,279 | – | -2.49% | – |
| VNOM | Exit | VIPER ENERGY PARTNERS LP | $0 | – | -353,349 | – | -2.83% | – |
| AROC | Exit | ARCHROCK INC | $0 | – | -506,990 | – | -2.90% | – |
| VLO | Exit | VALERO ENERGY CORP | $0 | – | -68,228 | – | -3.15% | – |
| TRP | Exit | TC ENERGY CORP | $0 | – | -72,963 | – | -3.26% | – |
| ENB | Exit | ENBRIDGE INC | $0 | – | -124,142 | – | -3.86% | – |
| SUN | Exit | SUNOCO LP/SUNOCO FIN CORP | $0 | – | -163,935 | – | -4.26% | – |
| PSX | Exit | PHILLIPS 66 | $0 | – | -79,876 | – | -4.41% | – |
| MMP | Exit | MAGELLAN MIDSTREAM PRTNRS LP | $0 | – | -122,733 | – | -4.47% | – |
| MPC | Exit | MARATHON PETE CORP | $0 | – | -148,388 | – | -4.64% | – |
| ETRN | Exit | EQUITRANS MIDSTREAM CORP | $0 | – | -522,551 | – | -4.71% | – |
| CVE | Exit | CENOVUS ENERGY INC | $0 | – | -1,170,922 | – | -4.86% | – |
| ET | Exit | ENERGY TRANSFER LP | $0 | – | -874,077 | – | -5.04% | – |
| PAGP | Exit | PLAINS GP HLDGS L Pltd partnr int a | $0 | – | -797,015 | – | -5.17% | – |
| WMB | Exit | WILLIAMS COS INC | $0 | – | -267,272 | – | -5.59% | – |
| PBA | Exit | PEMBINA PIPELINE CORP | $0 | – | -257,568 | – | -5.82% | – |
| EPD | Exit | ENTERPRISE PRODS PARTNERS L | $0 | – | -400,452 | – | -6.73% | – |
| KMI | Exit | KINDER MORGAN INC DEL | $0 | – | -537,485 | – | -7.06% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KMI | Buy | KINDER MORGAN INC DEL | $6,627,000 | -10.1% | 537,485 | +10.6% | 7.06% | +1.6% |
| EPD | Sell | ENTERPRISE PRODS PARTNERS L | $6,323,000 | -13.6% | 400,452 | -0.6% | 6.73% | -2.3% |
| PBA | Buy | PEMBINA PIPELINE CORP | $5,468,000 | -13.7% | 257,568 | +1.6% | 5.82% | -2.4% |
| WMB | Sell | WILLIAMS COS INC | $5,252,000 | -0.2% | 267,272 | -3.4% | 5.59% | +12.9% |
| PAGP | Buy | PLAINS GP HLDGS L Pltd partnr int a | $4,854,000 | -28.0% | 797,015 | +5.2% | 5.17% | -18.6% |
| ET | Buy | ENERGY TRANSFER LP | $4,737,000 | -23.1% | 874,077 | +1.0% | 5.04% | -13.0% |
| CVE | Buy | CENOVUS ENERGY INC | $4,562,000 | -16.4% | 1,170,922 | +0.4% | 4.86% | -5.4% |
| ETRN | Sell | EQUITRANS MIDSTREAM CORP | $4,421,000 | -7.0% | 522,551 | -8.6% | 4.71% | +5.2% |
| MPC | Sell | MARATHON PETE CORP | $4,354,000 | -24.8% | 148,388 | -4.3% | 4.64% | -15.0% |
| MMP | Buy | MAGELLAN MIDSTREAM PRTNRS LP | $4,197,000 | -13.4% | 122,733 | +9.3% | 4.47% | -2.1% |
| PSX | Buy | PHILLIPS 66 | $4,141,000 | -21.0% | 79,876 | +9.6% | 4.41% | -10.6% |
| SUN | Sell | SUNOCO LP/SUNOCO FIN CORP | $3,998,000 | +3.3% | 163,935 | -3.3% | 4.26% | +16.8% |
| ENB | Sell | ENBRIDGE INC | $3,626,000 | -6.6% | 124,142 | -2.7% | 3.86% | +5.6% |
| TRP | Sell | TC ENERGY CORP | $3,062,000 | -5.8% | 72,963 | -3.8% | 3.26% | +6.6% |
| VLO | Buy | VALERO ENERGY CORP | $2,956,000 | -18.9% | 68,228 | +10.1% | 3.15% | -8.2% |
| AROC | Buy | ARCHROCK INC | $2,728,000 | -15.8% | 506,990 | +1.6% | 2.90% | -4.8% |
| VNOM | Buy | VIPER ENERGY PARTNERS LP | $2,657,000 | -22.0% | 353,349 | +7.4% | 2.83% | -11.8% |
| TTE | Sell | TOTAL SEsponsored ads | $2,342,000 | -11.7% | 68,279 | -1.0% | 2.49% | -0.1% |
| LNG | Sell | CHENIERE ENERGY INC | $1,844,000 | -5.6% | 39,849 | -1.4% | 1.96% | +6.8% |
| SU | Buy | SUNCOR ENERGY INC NEW | $1,671,000 | -20.0% | 136,603 | +10.2% | 1.78% | -9.6% |
| PLUG | New | PLUG POWER INC | $1,261,000 | – | 94,019 | – | 1.34% | – |
| BHP | Sell | BHP GROUP LTDsponsored ads | $1,124,000 | -13.2% | 21,735 | -16.5% | 1.20% | -1.8% |
| GOLD | Sell | BARRICK GOLD CORP | $782,000 | -46.0% | 27,839 | -48.3% | 0.83% | -38.9% |
| OKE | Sell | ONEOK INC NEW | $469,000 | -42.2% | 18,053 | -26.0% | 0.50% | -34.7% |
| CTVA | New | CORTEVA INC | $259,000 | – | 9,000 | – | 0.28% | – |
| FANG | Exit | DIAMONDBACK ENERGY INC | $0 | – | -5,247 | – | -0.21% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KMI | New | KINDER MORGAN INC DEL | $7,374,000 | – | 486,090 | – | 6.94% | – |
| EPD | New | ENTERPRISE PRODS PARTNERS L | $7,319,000 | – | 402,833 | – | 6.89% | – |
| PAGP | New | PLAINS GP HLDGS L Pltd partnr int a | $6,745,000 | – | 757,812 | – | 6.35% | – |
| PBA | New | PEMBINA PIPELINE CORP | $6,337,000 | – | 253,476 | – | 5.97% | – |
| ET | New | ENERGY TRANSFER LP | $6,161,000 | – | 865,278 | – | 5.80% | – |
| MPC | New | MARATHON PETE CORP | $5,793,000 | – | 154,987 | – | 5.45% | – |
| CVE | New | CENOVUS ENERGY INC | $5,454,000 | – | 1,165,745 | – | 5.14% | – |
| WMB | New | WILLIAMS COS INC | $5,261,000 | – | 276,610 | – | 4.95% | – |
| PSX | New | PHILLIPS 66 | $5,239,000 | – | 72,860 | – | 4.93% | – |
| MMP | New | MAGELLAN MIDSTREAM PRTNRS LP | $4,848,000 | – | 112,291 | – | 4.56% | – |
| ETRN | New | EQUITRANS MIDSTREAM CORP | $4,753,000 | – | 571,938 | – | 4.48% | – |
| ENB | New | ENBRIDGE INC | $3,882,000 | – | 127,612 | – | 3.66% | – |
| SUN | New | SUNOCO LP/SUNOCO FIN CORP | $3,871,000 | – | 169,569 | – | 3.64% | – |
| VLO | New | VALERO ENERGY CORP | $3,644,000 | – | 61,958 | – | 3.43% | – |
| VNOM | New | VIPER ENERGY PARTNERS LP | $3,408,000 | – | 328,957 | – | 3.21% | – |
| TRP | New | TC ENERGY CORP | $3,249,000 | – | 75,815 | – | 3.06% | – |
| AROC | New | ARCHROCK INC | $3,239,000 | – | 499,086 | – | 3.05% | – |
| TTE | New | TOTAL S.A.sponsored ads | $2,652,000 | – | 68,963 | – | 2.50% | – |
| SU | New | SUNCOR ENERGY INC NEW | $2,090,000 | – | 123,952 | – | 1.97% | – |
| LNG | New | CHENIERE ENERGY INC | $1,953,000 | – | 40,411 | – | 1.84% | – |
| GOLD | New | BARRICK GOLD CORPORATION | $1,448,000 | – | 53,807 | – | 1.36% | – |
| BHP | New | BHP GROUP LTDsponsored ads | $1,295,000 | – | 26,035 | – | 1.22% | – |
| FCX | New | FREEPORT-MCMORAN INCcl b | $1,137,000 | – | 98,247 | – | 1.07% | – |
| NTR | New | NUTRIEN LTD | $870,000 | – | 27,085 | – | 0.82% | – |
| OKE | New | ONEOK INC NEW | $811,000 | – | 24,404 | – | 0.76% | – |
| AA | New | ALCOA CORP | $782,000 | – | 69,600 | – | 0.74% | – |
| NEM | New | NEWMONT CORP | $710,000 | – | 11,500 | – | 0.67% | – |
| COP | New | CONOCOPHILLIPS | $698,000 | – | 16,618 | – | 0.66% | – |
| RIO | New | RIO TINTO PLCsponsored adr | $693,000 | – | 12,332 | – | 0.65% | – |
| WRK | New | WESTROCK CO | $589,000 | – | 20,835 | – | 0.56% | – |
| WLK | New | WESTLAKE CHEM CORP | $577,000 | – | 10,754 | – | 0.54% | – |
| NUE | New | NUCOR CORP | $550,000 | – | 13,282 | – | 0.52% | – |
| VALE | New | VALE S Asponsored ads | $527,000 | – | 51,139 | – | 0.50% | – |
| PKX | New | POSCOsponsored adr | $515,000 | – | 13,900 | – | 0.48% | – |
| IP | New | INTL PAPER CO | $450,000 | – | 12,773 | – | 0.42% | – |
| WY | New | WEYERHAEUSER CO MTN BE | $429,000 | – | 19,084 | – | 0.40% | – |
| XOM | New | EXXON MOBIL CORP | $419,000 | – | 9,362 | – | 0.39% | – |
| ADM | New | ARCHER DANIELS MIDLAND CO | $223,000 | – | 5,589 | – | 0.21% | – |
| FANG | New | DIAMONDBACK ENERGY INC | $219,000 | – | 5,247 | – | 0.21% | – |