Latest Heronetta Management, L.P. Stock Portfolio

Heronetta Management, L.P. Performance:

2025 Q4: -0.34%YTD: 0.87%2024: 18.75%

Performance for 2025 Q4 is -0.34%, and YTD is 0.87%, and 2024 is 18.75%.

About Heronetta Management, L.P. and 13F Hedge Fund Stock Holdings

On 2026-02-04, the fund reported it's updated stock portfolio. In the 13F Holdings report, Heronetta Management, L.P. reported an equity portfolio of $172.9 Millions as of 31 Dec, 2025.

The top stock holdings of Heronetta Management, L.P. are MPLX, EPD, WMB. The fund has invested 10% of it's portfolio in MPLX LP and 9.2% of portfolio in ENTERPRISE PRODS PARTNERS L.

They significantly reduced their stock positions in WESTERN MIDSTREAM PARTNERS L (WES), ENTERPRISE PRODS PARTNERS L (EPD) and WILLIAMS COS INC (WMB).

Heronetta Management, L.P. Annual Return Estimates Vs S&P 500

Our best estimate is that Heronetta Management, L.P. made a return of -0.34% in the last quarter. In trailing 12 months, it's portfolio return was 0.87%.

Performance
S&P 500

New Buys

No new stocks were added by Heronetta Management, L.P.

Additions

No additions were made to existing positions by Heronetta Management, L.P.

Reductions

Ticker	% Reduced
western midstream partners l	-9.72
enterprise prods partners l	-9.61
williams cos inc	-9.46
energy transfer l p	-9.28
oneok inc new	-9.24
mplx lp	-9.11
hess midstream lp	-8.79
plains gp hldgs l p	-7.66

Heronetta Management, L.P. reduced stake in above stock

Sold off

None of the stocks were completely sold off by Heronetta Management, L.P.

Sector Distribution

Heronetta Management, L.P. has about 60.5% of it's holdings in Energy sector.

Sector	%
Energy	60.5
Others	34.3
Industrials	5.2

Market Cap. Distribution

Heronetta Management, L.P. has about 61.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	61.6
UNALLOCATED	34.3
MID-CAP	4.1

Stocks belong to which Index?

About 17.2% of the stocks held by Heronetta Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	82.8
S&P 500	17.2

Top 5 Winners (%)		%
TRGP	targa res corp	10.1 %
MPLX	mplx lp	6.5 %
PAGP	plains gp hldgs l p	4.8 %
	suncor energy inc new	4.6 %
	canadian nat res ltd	4.5 %

Top 5 Winners ($)		$
MPLX	mplx lp	1.2 M
EPD	enterprise prods partners l	0.4 M
	canadian nat res ltd	0.4 M
	suncor energy inc new	0.4 M
	canadian natl ry co	0.2 M

Top 5 Losers (%)		%
LNG	cheniere energy inc	-17.3 %
	transalta corp	-8.7 %
AM	antero midstream corp	-8.5 %
	pembina pipeline corp	-7.0 %
ENB	enbridge inc	-6.4 %

Top 5 Losers ($)		$
WMB	williams cos inc	-0.9 M
ENB	enbridge inc	-0.8 M
	pembina pipeline corp	-0.8 M
ET	energy transfer l p	-0.6 M
CP	canadian pacific kansas city	-0.2 M

Heronetta Management, L.P. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Heronetta Management, L.P.

Heronetta Management, L.P. has 25 stocks in it's portfolio. About 70.8% of the portfolio is in top 10 stocks. WMB proved to be the most loss making stock for the portfolio. MPLX was the most profitable stock for Heronetta Management, L.P. last quarter.

Last Reported on: 04 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AM	antero midstream corp	0.17	16,910	300,829	unchanged	0.00

CP	canadian pacific kansas city	5.22	89,300	9,023,760	unchanged	0.00

CQP	cheniere energy partners lp	0.18	5,810	310,719	unchanged	0.00

ENB	enbridge inc	7.18	193,266	12,416,900	unchanged	0.00

EPD	enterprise prods partners l	9.20	496,448	15,916,100	reduced	-9.61

ET	energy transfer l p	7.65	802,129	13,227,100	reduced	-9.28

HESM	hess midstream lp	1.87	93,905	3,239,720	reduced	-8.79

KMI	kinder morgan inc del	1.41	88,725	2,439,050	reduced	-6.73

LNG	cheniere energy inc	0.28	2,497	485,392	unchanged	0.00

MPLX	mplx lp	9.99	323,639	17,272,600	reduced	-9.11

OKE	oneok inc new	6.01	141,402	10,393,000	reduced	-9.24

PAGP	plains gp hldgs l p	2.03	183,325	3,508,840	reduced	-7.66

TRGP	targa res corp	1.09	10,242	1,889,650	unchanged	0.00

WES	western midstream partners l	4.71	206,361	8,151,260	reduced	-9.72

WMB	williams cos inc	8.69	250,152	15,036,600	reduced	-9.46

	tc energy corp	5.85	137,316	10,124,300	unchanged	0.00

	pembina pipeline corp	5.83	197,698	10,085,800	unchanged	0.00

	canadian nat res ltd	5.20	193,600	9,000,460	unchanged	0.00

	suncor energy inc new	4.65	132,000	8,041,440	unchanged	0.00

	canadian natl ry co	4.19	53,400	7,249,050	unchanged	0.00