— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

TORTOISE CAPITAL ADVISORS, L.L.C.

Q4 2025 · Filed 2026-02-17
Market Value
$7.8B
+1.9%
Holdings
90
+7
New Purchases
10
Added To
44
Closed
7
Reduced
26
Top 10 Concentration
66.2%
Turnover
18.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TRGP 7.98% 6.14% +1.85% $625M
DTM 4.55% 3.96% +0.59% $357M
WES 4.31% 3.77% +0.54% $337M
OKE 5.43% 5.02% +0.41% $425M
MPLX 9.08% 8.78% +0.29% $711M
CORZ 0.19% 0.00% +0.19% $15M
CQP 0.75% 0.56% +0.19% $58M
CWEN 1.12% 0.96% +0.15% $87M
CEG 0.97% 0.83% +0.14% $76M
PAA 2.19% 2.06% +0.13% $171M
NRG 0.65% 0.53% +0.13% $51M
FRMI 0.11% 0.00% +0.11% $9M
FSLR 0.09% 0.00% +0.09% $7M
ETR 0.46% 0.38% +0.08% $36M
PAGP 2.86% 2.80% +0.06% $224M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LNG 5.69% 8.15% -2.46% $446M
ENB 4.31% 4.91% -0.60% $338M
ET 8.14% 8.61% -0.47% $638M
SUN 0.54% 0.95% -0.41% $42M
WMB 8.72% 9.05% -0.33% $683M
AM 2.59% 2.88% -0.29% $203M
PBA 1.87% 2.09% -0.22% $147M
HESM 1.95% 2.11% -0.16% $153M
EPD 5.85% 5.96% -0.11% $458M
VST 0.83% 0.92% -0.09% $65M
KMI 3.21% 3.30% -0.09% $252M
WEC 0.21% 0.26% -0.05% $16M
DVN 0.07% 0.10% -0.04% $5M
KNTK 0.17% 0.20% -0.03% $13M
TRP 6.45% 6.48% -0.03% $505M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 6 $24M 0.3%
Large Cap 63 $7.2B 91.8%
Mid Cap 16 $615M 7.9%
Small Cap 4 $2M 0.0%
Micro Cap 1 $0 0.0%

Portfolio Analytics

Avg Market Cap
$127.9B
Median Market Cap
$29.8B
Avg P/E
37.3
Median P/E
25.6
Avg Dividend Yield
0.02%
Avg Beta
1.17
# Stocks
89
# ETFs / Funds
1

Top Holdings (90 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MPLX 9.08% 13,319,918 $711M $53.37 $36M -200,561 -1.5%
2 WMB 8.72% 11,362,696 $683M $60.11 -$13M +375,147 +3.4%
3 ET 8.14% 38,675,828 $638M $16.49 -$24M +103,245 +0.3%
4 TRGP 7.98% 3,389,006 $625M $184.50 $153M +572,562 +20.3%
5 TRP 6.45% 9,182,370 $505M $55.01 $7M +31,047 +0.3%
6 EPD 5.85% 14,281,220 $458M $32.06 -$316K -370,908 -2.5%
7 LNG 5.69% 2,294,410 $446M $194.39 -$181M -373,625 -14.0%
8 OKE 5.43% 5,781,533 $425M $73.50 $39M +491,950 +9.3%
9 DTM 4.55% 2,980,945 $357M $119.68 $52M +285,770 +10.6%
10 ENB 4.31% 7,057,049 $338M $47.83 -$40M -425,277 -5.7%
11 WES 4.31% 8,539,175 $337M $39.50 $48M +1,163,991 +15.8%
12 KMI 3.21% 9,152,339 $252M $27.49 -$2M +185,430 +2.1%
13 PAGP 2.86% 11,704,169 $224M $19.14 $8M -115,316 -1.0%
14 AM 2.59% 11,403,093 $203M $17.79 -$18M +26,296 +0.2%
15 PAA 2.19% 9,542,156 $171M $17.96 $13M +265,555 +2.9%
16 HESM 1.95% 4,421,856 $153M $34.50 -$10M -273,449 -5.8%
17 PBA 1.87% 3,852,716 $147M $38.10 -$14M -127,129 -3.2%
18 SRE 1.81% 1,602,837 $142M $88.29 $5M +87,896 +5.8%
19 EVRG 1.26% 1,364,928 $99M $72.49 $930K +75,614 +5.9%
20 CWEN 1.12% 2,627,260 $87M $33.26 $13M +2,359 +0.1%
21 CEG 0.97% 215,168 $76M $353.27 $12M +20,491 +10.5%
22 VST 0.83% 404,502 $65M $161.33 -$6M +42,038 +11.6%
23 CQP 0.75% 1,092,866 $58M $53.48 $16M +298,566 +37.6%
24 NRG 0.65% 320,971 $51M $159.24 $11M +70,596 +28.2%
25 TLN 0.56% 116,701 $44M $374.84 $950K +16,098 +16.0%
26 SUN 0.54% 800,665 $42M $52.41 -$31M -656,237 -45.0%
27 ETR 0.46% 392,689 $36M $92.43 $7M +77,508 +24.6%
28 EQT 0.45% 661,440 $35M $53.60 -$471K +1,442 +0.2%
29 EE 0.42% 1,165,463 $33M $28.05 $2M -47,429 -3.9%
30 EXE 0.38% 271,020 $30M $110.36 $848K -2,525 -0.9%
31 CNP 0.38% 772,099 $30M $38.34 $4M +123,178 +19.0%
32 XEL 0.38% 399,236 $29M $73.86 -$1M +17,594 +4.6%
33 NI 0.37% 701,207 $29M $41.76 $4M +107,881 +18.2%
34 KGS 0.34% 720,537 $27M $37.40 $51K -6,990 -1.0%
35 WEC 0.21% 154,558 $16M $105.46 -$3M -17,616 -10.2%
36 XOM 0.20% 132,996 $16M $120.34 $441K -5,040 -3.6%
37 DTE 0.20% 122,111 $16M $128.98 $383K +13,455 +12.4%
38 CMS 0.19% 216,772 $15M $69.93 -$991K -3,673 -1.7%
39 CORZ 0.19% 1,026,045 $15M $14.56 +1,026,045 NEW
40 PSX 0.18% 109,584 $14M $129.04 -$2M -6,119 -5.3%
41 KNTK 0.17% 362,879 $13M $36.05 -$2M -180 -0.1%
42 AR 0.16% 368,542 $13M $34.46 -$394K -21,630 -5.5%
43 CTRA 0.12% 362,540 $10M $26.32 $638K -13,944 -3.7%
44 OVV 0.12% 229,952 $9M $39.19 -$630K -8,820 -3.7%
45 FRMI 0.11% 1,083,974 $9M $8.00 +1,083,974 NEW
46 FSLR 0.09% 28,265 $7M $261.23 +28,265 NEW
47 CIEN 0.08% 26,014 $6M $233.87 $4M +13,474 +107.5%
48 DVN 0.07% 140,604 $5M $36.63 -$3M -83,477 -37.2%
49 VLO 0.06% 31,275 $5M $162.79 -$691K -2,684 -7.9%
50 VRT 0.06% 29,008 $5M $162.01 $1M +4,808 +19.9%
51 NEE 0.06% 57,070 $5M $80.28 $4M +47,271 +482.4%
52 MPC 0.06% 27,716 $5M $162.63 -$1M -1,008 -3.5%
53 DELL 0.06% 34,310 $4M $125.88 $1M +13,832 +67.5%
54 PWR 0.06% 10,214 $4M $422.06 $2M +4,266 +71.7%
55 WDC 0.05% 23,116 $4M $172.27 $4M +19,790 +595.0%
56 NVT 0.05% 38,534 $4M $101.97 $2M +16,314 +73.4%
57 FERG 0.05% 17,377 $4M $225.34 +17,377 NEW
58 SO 0.05% 41,392 $4M $87.20 -$52K +2,762 +7.2%
59 MU 0.04% 11,738 $3M $285.41 +11,738 NEW
60 MTZ 0.04% 14,700 $3M $217.37 $1M +5,436 +58.7%
61 MYRG 0.04% 13,286 $3M $218.50 $2M +9,968 +300.4%
62 CIFR 0.04% 191,220 $3M $14.76 $994K +46,006 +31.7%
63 P 0.03% 35,806 $2M $67.01 $885K +17,740 +98.2%
64 PRIM 0.03% 19,218 $2M $124.14 $724K +7,118 +58.8%
65 WULF 0.03% 194,912 $2M $11.49 $840K +72,354 +59.0%
66 PUMP 0.03% 228,383 $2M $9.51 +228,383 NEW
67 ANET 0.03% 15,734 $2M $131.03 $74K +2,092 +15.3%
68 STN 0.03% 21,269 $2M $94.38 +21,269 NEW
69 APH 0.02% 13,918 $2M $135.14 $1M +8,638 +163.6%
70 GEV 0.02% 2,281 $1M $653.57 -$144K -378 -14.2%
71 MOD 0.02% 11,018 $1M $133.51 $652K +5,254 +91.2%
72 DLR 0.02% 8,500 $1M $154.71 -$703K -3,172 -27.2%
73 SNDK 0.02% 5,060 $1M $237.38 +5,060 NEW
74 CAT 0.01% 1,816 $1M $572.87 +1,816 NEW
75 GLP 0.01% 24,362 $1M $41.85 -$150K
76 NVDA 0.01% 5,266 $982K $186.50 $362K +1,942 +58.4%
77 SMCI 0.01% 31,810 $931K $29.27 -$29K +11,778 +58.8%
78 CMI 0.01% 1,450 $740K $510.45 -$104K -548 -27.4%
79 NGL 0.01% 68,234 $682K $10.00 $273K
80 CLS 0.01% 2,112 $624K $295.61 $295K +776 +58.1%
81 EQIX 0.01% 798 $611K $766.16 -$955K -1,202 -60.1%
82 GEL 0.01% 32,331 $504K $15.60 -$36K
83 TYG —% 6,112 $250K $40.90 +6,112 NEW
84 CARR —% -$736K -12,320 -100.0% SOLD
85 APLD —% -$409K -17,840 -100.0% SOLD
86 XIFR —% -$476K -46,838 -100.0% SOLD
87 TEAF —% -$228K -19,362 -100.0% SOLD
88 TT —% -$1M -3,080 -100.0% SOLD
89 NTAP —% -$1M -9,700 -100.0% SOLD
90 RIOT —% -$2M -82,738 -100.0% SOLD

New Positions

SymbolValue% Port
CORZ $15M 0.19%
FRMI $9M 0.11%
FSLR $7M 0.09%
FERG $4M 0.05%
MU $3M 0.04%
PUMP $2M 0.03%
STN $2M 0.03%
SNDK $1M 0.02%
CAT $1M 0.01%
TYG $250K —%

Sold Out Positions

SymbolValue% Port
XIFR —%
CARR —%
TT —%
APLD —%
NTAP —%
RIOT —%
TEAF —%
View SEC EDGAR Filings for TORTOISE CAPITAL ADVISORS, L.L.C. →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms