Tortoise Capital Advisors, L.L.C 13F annual report
Tortoise Capital Advisors, L.L.C is an investment fund managing more than $7.56 trillion ran by Diane Bono. There are currently 81 companies in Mrs. Bono’s portfolio. The largest investments include Targa Resources Corp and MPLX LP, together worth $1.44 trillion.
$7.56 trillion Assets Under Management (AUM)
As of 29th July 2024, Tortoise Capital Advisors, L.L.C’s top holding is 6,253,729 shares of Targa Resources Corp currently worth over $805 billion and making up 10.7% of the portfolio value.
Relative to the number of outstanding shares of Targa Resources Corp, Tortoise Capital Advisors, L.L.C owns more than approximately 0.1% of the company.
In addition, the fund holds 14,825,905 shares of MPLX LP worth $631 billion, whose value grew 12.2% in the past six months.
The third-largest holding is Energy Transfer Lp worth $595 billion and the next is Cheniere worth $567 billion, with 3,242,899 shares owned.
Currently, Tortoise Capital Advisors, L.L.C's portfolio is worth at least $7.56 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Tortoise Capital Advisors, L.L.C
The Tortoise Capital Advisors, L.L.C office and employees reside in Overland Park, Kansas. According to the last 13-F report filed with the SEC, Diane Bono serves as the Managing Director at Tortoise Capital Advisors, L.L.C.
Recent trades
In the most recent 13F filing, Tortoise Capital Advisors, L.L.C revealed that it had opened a new position in
Teck Resources Ltd and bought 297,186 shares worth $14.2 billion.
This means they effectively own approximately 0.1% of the company.
Teck Resources Ltd makes up
82.6%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in MPLX LP by buying
353,324 additional shares.
This makes their stake in MPLX LP total 14,825,905 shares worth $631 billion.
MPLX LP dropped approximately 0.1% in the past year.
On the other hand, there are companies that Tortoise Capital Advisors, L.L.C is getting rid of from its portfolio.
Tortoise Capital Advisors, L.L.C closed its position in Nustar L P on 5th August 2024.
It sold the previously owned 3,948,859 shares for $91.9 billion.
Diane Bono also disclosed a decreased stake in Targa Resources Corp by approximately 0.1%.
This leaves the value of the investment at $805 billion and 6,253,729 shares.
One of the largest hedge funds
The two most similar investment funds to Tortoise Capital Advisors, L.L.C are Everett Harris & Co ca/ and Saturna Capital Corp. They manage $7.54 trillion and $7.53 trillion respectively.
Diane Bono investment strategy
Tortoise Capital Advisors, L.L.C’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Energy — making up 64.4% of
the total portfolio value.
The fund focuses on investments in the United States as
55.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
48% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $39.6 billion.
The complete list of Tortoise Capital Advisors, L.L.C trades based on 13F SEC filings
These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Targa Resources Corp |
2.45%
6,253,729
|
$805,355,221,000 | 10.65% |
| MPLX LP |
2.44%
14,825,905
|
$631,435,294,000 | 8.35% |
| Energy Transfer Lp |
12.73%
36,668,846
|
$594,768,675,000 | 7.87% |
| Cheniere Energy Inc. |
9.21%
3,242,899
|
$566,956,032,000 | 7.50% |
| Oneok Inc. |
3.54%
6,795,313
|
$554,157,775,000 | 7.33% |
| Williams Cos Inc |
1.16%
12,670,175
|
$538,482,449,000 | 7.12% |
| Enterprise Products Partners L |
4.79%
16,221,236
|
$470,091,419,000 | 6.22% |
| Western Midstream Partners LP |
0.58%
8,537,870
|
$339,209,593,000 | 4.49% |
| Plains All American Pipeline, |
0.30%
18,854,069
|
$336,733,672,000 | 4.45% |
| Hess Midstream LP |
12.45%
7,428,262
|
$270,685,867,000 | 3.58% |
| Plains Gp Holdings, L.p. |
6.41%
11,666,947
|
$219,571,943,000 | 2.90% |
| Kinder Morgan Inc |
21.61%
10,754,052
|
$213,683,013,000 | 2.83% |
| Enlink Midstream LLC |
3.32%
14,404,121
|
$198,200,705,000 | 2.62% |
| Pembina Pipeline Corporation |
6.86%
4,542,997
|
$168,512,498,000 | 2.23% |
| Enbridge Inc |
4.71%
4,533,032
|
$161,330,609,000 | 2.13% |
| Nustar Energy L P |
Closed
3,948,859
|
$91,889,949,000 | |
| NextEra Energy Inc |
22.46%
1,264,440
|
$89,534,996,000 | 1.18% |
| Equitrans Midstream Corporatio |
0.03%
6,564,250
|
$85,203,965,000 | 1.13% |
| TC Energy Corporation |
0.02%
2,186,367
|
$82,863,309,000 | 1.10% |
| Antero Midstream Corp |
3.71%
5,578,584
|
$82,228,328,000 | 1.09% |
| Sunoco LP |
26,345.56%
1,351,368
|
$76,406,347,000 | 1.01% |
| Dt Midstream Inc |
6.26%
1,024,036
|
$72,737,277,000 | 0.96% |
| Clearway Energy, Inc. |
1.00%
2,769,331
|
$68,374,782,000 | 0.90% |
| Constellation Energy Corp Com |
18.00%
302,754
|
$60,632,544,000 | 0.80% |
| Sempra Energy |
No change
734,924
|
$55,898,319,000 | 0.74% |
| Nextera Energy Partners Lp Com |
23.79%
1,940,630
|
$53,639,013,000 | 0.71% |
| Exelon Corp Com |
4.78%
1,383,787
|
$47,892,868,000 | 0.63% |
| Edison Intl Com |
1.79%
648,341
|
$46,557,368,000 | 0.62% |
| Vistra Energy Corp. |
110.54%
431,787
|
$37,125,046,000 | 0.49% |
| Renew Energy Global Plc Cl A S |
11.85%
5,669,321
|
$35,376,563,000 | 0.47% |
| Dominion Energy Inc |
0.18%
716,327
|
$35,100,023,000 | 0.46% |
| Cheniere Energy Partners LP |
21.33%
607,358
|
$29,827,351,000 | 0.39% |
| Kodiak Gas Services Inc |
0.67%
1,080,237
|
$29,447,261,000 | 0.39% |
| Hubbell Inc. |
9.90%
70,310
|
$25,696,899,000 | 0.34% |
| TE Connectivity Ltd |
11.22%
169,880
|
$25,555,048,000 | 0.34% |
| Avista Corp. |
13.63%
692,944
|
$23,982,792,000 | 0.32% |
| NextDecade Corporation |
No change
2,910,172
|
$23,106,766,000 | 0.31% |
| Kinetik Holdings Inc |
0.17%
543,868
|
$22,537,890,000 | 0.30% |
| EQT Corp |
No change
592,778
|
$21,920,930,000 | 0.29% |
| Conocophillips |
1.13%
185,805
|
$21,252,376,000 | 0.28% |
| Diamondback Energy Inc |
2.53%
100,325
|
$20,084,062,000 | 0.27% |
| American Elec Pwr Co Inc Com |
12.45%
226,021
|
$19,831,083,000 | 0.26% |
| Pioneer Natural Resources Co. |
Closed
72,193
|
$18,950,663,000 | |
| Aes Corp Com |
0.61%
1,042,454
|
$18,315,916,000 | 0.24% |
| Public Svc Enterprise Grp Inc |
47.37%
239,025
|
$17,616,142,000 | 0.23% |
| Atlantica Sustainable Infr Plc |
66.89%
763,968
|
$16,769,098,000 | 0.22% |
| Dte Energy Co Com |
5.98%
147,177
|
$16,338,119,000 | 0.22% |
| Ameren Corp. |
0.91%
227,069
|
$16,146,876,000 | 0.21% |
| NXP Semiconductors NV |
105.95%
58,301
|
$15,688,216,000 | 0.21% |
| Excelerate Energy Inc |
10.14%
814,090
|
$15,011,820,000 | 0.20% |
| Cms Energy Corp Com |
No change
250,513
|
$14,913,039,000 | 0.20% |
| Exxon Mobil Corp. |
190.20%
127,701
|
$14,700,939,000 | 0.19% |
| Teck Resources Ltd |
Opened
297,186
|
$14,235,209,000 | 0.19% |
| Coterra Energy Inc |
No change
482,792
|
$12,876,063,000 | 0.17% |
| Genesis Energy L.P. |
35.21%
856,003
|
$12,249,403,000 | 0.16% |
| Sunrun Inc |
29.72%
990,843
|
$11,751,398,000 | 0.16% |
| Devon Energy Corp. |
7.15%
244,149
|
$11,572,663,000 | 0.15% |
| Phillips 66 |
No change
71,283
|
$10,063,021,000 | 0.13% |
| The Southern Co. |
11.52%
120,955
|
$9,382,479,000 | 0.12% |
| Xcel Energy Inc. |
1.98%
174,204
|
$9,304,236,000 | 0.12% |
| Ovintiv Inc |
0.00%
187,340
|
$8,780,626,000 | 0.12% |
| Alliant Energy Corp Com |
1.91%
134,241
|
$6,832,867,000 | 0.09% |
| New Fortress Energy LLC |
No change
285,719
|
$6,280,104,000 | 0.08% |
| Aptiv PLC |
9.91%
76,942
|
$5,418,256,000 | 0.07% |
| Autodesk Inc. |
2.01%
15,090
|
$3,734,021,000 | 0.05% |
| Chevron Corp. |
No change
19,528
|
$3,054,570,000 | 0.04% |
| EOG Resources, Inc. |
3.23%
23,826
|
$2,998,979,000 | 0.04% |
| Westlake Chemical Partners LP |
No change
132,811
|
$2,998,872,000 | 0.04% |
| American Wtr Wks Co Inc New Co |
11.62%
22,103
|
$2,854,823,000 | 0.04% |
| Occidental Petroleum Corp. |
No change
44,524
|
$2,806,348,000 | 0.04% |
| Solaredge Technologies Inc |
31.51%
99,522
|
$2,513,926,000 | 0.03% |
| Marathon Oil Corporation |
No change
81,699
|
$2,342,310,000 | 0.03% |
| Essential Utilities Inc |
0.34%
61,176
|
$2,283,700,000 | 0.03% |
| First Solar Inc |
Closed
11,562
|
$1,951,666,000 | |
| Suncor Energy, Inc. |
No change
40,528
|
$1,544,117,000 | 0.02% |
| Baker Hughes Co |
No change
38,763
|
$1,363,295,000 | 0.02% |
| Global Partners LP |
No change
24,362
|
$1,111,638,000 | 0.01% |
| Txo Partners Lp |
No change
50,000
|
$1,008,000,000 | 0.01% |
| Enphase Energy Inc |
Closed
4,348
|
$526,021,000 | |
| Trane Technologies Plc Com Stk |
72.38%
1,526
|
$501,947,000 | 0.01% |
| Mach Natural Resources LP |
No change
26,315
|
$500,511,000 | 0.01% |
| PBF Energy Inc |
No change
8,275
|
$380,816,000 | 0.01% |
| NGL Energy Partners LP |
11.13%
68,234
|
$345,264,000 | 0.00% |
| Ecofin Sustainable And Social |
No change
19,362
|
$222,857,000 | 0.00% |
| Xylem Inc |
6.82%
1,640
|
$222,433,000 | 0.00% |
| New Issuer |
No change
0
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 86 holdings | |||
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