Latest Recurrent Investment Advisors LLC Stock Portfolio
$681Million
Equity Portfolio Value
Last Reported on: 14 Feb, 2024
About Recurrent Investment Advisors LLC and it’s 13F Hedge Fund Stock Holdings
Recurrent Investment Advisors LLC is a hedge fund based in Houston, TX. On 20-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $544.7 Millions. In it's latest 13F Holdings report, Recurrent Investment Advisors LLC reported an equity portfolio of $681 Millions as of 30 Sep, 2023.
The top stock holdings of Recurrent Investment Advisors LLC are , ET, PAGP. The fund has invested 8.1% of it's portfolio in CENOVUS ENERGY INC and 7.2% of portfolio in ENERGY TRANSFER L P.
The fund managers got completely rid off MAGELLAN MIDSTREAM PRTNRS LP (MMP), DIAMONDBACK ENERGY INC (FANG) and NEXTERA ENERGY PARTNERS LP (NEP) stocks. They significantly reduced their stock positions in POSCO HOLDINGS INC, CONOCOPHILLIPS (COP) and MARATHON PETE CORP (MPC). Recurrent Investment Advisors LLC opened new stock positions in ALPHA METALLURGICAL RESOUR I (AMR). The fund showed a lot of confidence in some stocks as they added substantially to ONEOK INC NEW (OKE), EQUITRANS MIDSTREAM CORP (ETRN) and ALCOA CORP (AA).
The top stock holdings of Recurrent Investment Advisors LLC are , ET, PAGP. The fund has invested 8.1% of it's portfolio in CENOVUS ENERGY INC and 7.2% of portfolio in ENERGY TRANSFER L P.
The fund managers got completely rid off MAGELLAN MIDSTREAM PRTNRS LP (MMP), DIAMONDBACK ENERGY INC (FANG) and NEXTERA ENERGY PARTNERS LP (NEP) stocks. They significantly reduced their stock positions in POSCO HOLDINGS INC, CONOCOPHILLIPS (COP) and MARATHON PETE CORP (MPC). Recurrent Investment Advisors LLC opened new stock positions in ALPHA METALLURGICAL RESOUR I (AMR). The fund showed a lot of confidence in some stocks as they added substantially to ONEOK INC NEW (OKE), EQUITRANS MIDSTREAM CORP (ETRN) and ALCOA CORP (AA).
New Buys
| Ticker | $ Bought |
|---|---|
| VIPER ENERGY INC | 27,130,900 |
New stocks bought by Recurrent Investment Advisors LLC
Additions
| Ticker | % Inc. |
|---|---|
| ONEOK INC NEW | 81.57 |
| EQUITRANS MIDSTREAM CORP | 20.06 |
| WESTERN MIDSTREAM PARTNERS L | 18.91 |
| PEMBINA PIPELINE CORP | 10.89 |
| KINDER MORGAN INC DEL | 7.48 |
| ENTERPRISE PRODS PARTNERS L | 4.53 |
| ENERGY TRANSFER L P | 4.39 |
| ENBRIDGE INC | 0.09 |
Additions to existing portfolio by Recurrent Investment Advisors LLC
Reductions
| Ticker | % Reduced |
|---|---|
| WESTLAKE CORPORATION | -27.73 |
| MARATHON PETE CORP | -26.03 |
| VALERO ENERGY CORP | -23.57 |
| ARCHER DANIELS MIDLAND CO | -9.98 |
| BHP GROUP LTD | -9.98 |
| DOW INC | -9.98 |
| INTERNATIONAL PAPER CO | -9.98 |
| MOSAIC CO NEW | -9.98 |
Recurrent Investment Advisors LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| VIPER ENERGY PARTNERS LP | -23,661,700 |
| BP PLC | -691,702 |
| ARCELORMITTAL SA LUXEMBOURG | -3,043,880 |
| TECK RESOURCES LTD | -5,549,450 |
| BARRICK GOLD CORP | -1,783,800 |
| SHELL PLC | -2,218,890 |
| NUTRIEN LTD | -3,510,180 |
| CORTEVA INC | -1,428,640 |
Recurrent Investment Advisors LLC got rid off the above stocks
Current Stock Holdings of Recurrent Investment Advisors LLC
Last Reported on: 14 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AA | ALCOA CORP | 0.43 | 86,019 | 2,924,650 | REDUCED | -9.96 | |
| ADM | ARCHER DANIELS MIDLAND CO | 0.08 | 7,894 | 570,105 | REDUCED | -9.98 | |
| AMR | ALPHA METALLURGICAL RESOUR I | 0.05 | 950 | 321,974 | UNCHANGED | 0.00 | |
| ARLP | ALLIANCE RESOURCE PARTNERS L | 2.29 | 736,257 | 15,593,900 | ADDED | 0.06 | |
| BHP | BHP GROUP LTD | 0.31 | 30,599 | 2,090,220 | REDUCED | -9.98 | |
| BP | BP PLC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| COP | CONOCOPHILLIPS | 0.29 | 16,862 | 1,957,170 | REDUCED | -9.92 | |
| CTVA | CORTEVA INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CVE | CENOVUS ENERGY INC | 6.10 | 2,498,240 | 41,595,600 | REDUCED | -2.51 | |
| DAR | DARLING INGREDIENTS INC | 0.11 | 14,757 | 735,489 | REDUCED | -3.28 | |
| DOW | DOW INC | 0.20 | 25,533 | 1,400,230 | REDUCED | -9.98 | |
| ENB | ENBRIDGE INC | 2.05 | 387,910 | 13,973,700 | ADDED | 0.09 | |
| EPD | ENTERPRISE PRODS PARTNERS L | 4.54 | 1,173,660 | 30,925,900 | ADDED | 4.53 | |
| ET | ENERGY TRANSFER L P | 7.42 | 3,667,810 | 50,615,800 | ADDED | 4.39 | |
| ETRN | EQUITRANS MIDSTREAM CORP | 6.95 | 4,652,990 | 47,367,500 | ADDED | 20.06 | |
| FCX | FREEPORT-MCMORAN INC | 0.41 | 66,028 | 2,810,810 | REDUCED | -9.93 | |
| FMC | FMC CORP | 0.14 | 15,085 | 951,109 | REDUCED | -9.96 | |
| GOLD | BARRICK GOLD CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| HAL | HALLIBURTON CO | 0.15 | 28,223 | 1,020,260 | REDUCED | -9.89 | |
| IP | INTERNATIONAL PAPER CO | 0.10 | 18,076 | 653,447 | REDUCED | -9.98 | |
| KMI | KINDER MORGAN INC DEL | 4.79 | 1,852,520 | 32,678,400 | ADDED | 7.48 | |
| LNG | CHENIERE ENERGY INC | 5.25 | 209,743 | 35,805,200 | REDUCED | -0.19 | |
| MOS | MOSAIC CO NEW | 0.06 | 10,832 | 387,027 | REDUCED | -9.98 | |
| MPC | MARATHON PETE CORP | 3.80 | 174,710 | 25,920,000 | REDUCED | -26.03 | |
| MT | ARCELORMITTAL SA LUXEMBOURG | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| MUSA | MURPHY USA INC | 0.06 | 1,150 | 410,044 | UNCHANGED | 0.00 | |
| NEM | NEWMONT CORP | 0.19 | 31,114 | 1,287,810 | REDUCED | -9.94 | |
| NTR | NUTRIEN LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| NUE | NUCOR CORP | 0.35 | 13,584 | 2,364,160 | REDUCED | -9.93 | |
| OKE | ONEOK INC NEW | 3.33 | 323,464 | 22,713,600 | ADDED | 81.57 | |
| PAGP | PLAINS GP HLDGS L P | 6.49 | 2,773,250 | 44,233,400 | ADDED | 0.08 | |
| PBA | PEMBINA PIPELINE CORP | 6.79 | 1,345,010 | 46,295,300 | ADDED | 10.89 | |
| PKX | POSCO HOLDINGS INC | 0.14 | 9,879 | 939,592 | REDUCED | -9.98 | |
| PSX | PHILLIPS 66 | 6.00 | 306,944 | 40,866,500 | REDUCED | -2.39 | |
| RIO | RIO TINTO PLC | 0.19 | 17,328 | 1,290,240 | REDUCED | -9.98 | |
| SHEL | SHELL PLC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SU | SUNCOR ENERGY INC NEW | 5.15 | 1,096,260 | 35,124,200 | REDUCED | -2.86 | |
| SUN | SUNOCO LP/SUNOCO FIN CORP | 1.62 | 184,436 | 11,053,200 | ADDED | 0.07 | |
| TCKRF | TECK RESOURCES LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TRGP | TARGA RES CORP | 4.44 | 348,771 | 30,297,700 | ADDED | 0.08 | |
| TRP | TC ENERGY CORP | 1.05 | 183,022 | 7,154,920 | REDUCED | -0.19 | |
| TTE | TOTALENERGIES SE | 0.27 | 27,021 | 1,820,680 | REDUCED | -9.91 | |
| VALE | VALE S A | 0.10 | 44,000 | 697,840 | REDUCED | -9.98 | |
| VLO | VALERO ENERGY CORP | 3.28 | 171,705 | 22,321,600 | REDUCED | -23.57 | |
| VNOM | VIPER ENERGY INC | 3.98 | 864,593 | 27,130,900 | NEW | ||
| VNOM | VIPER ENERGY PARTNERS LP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| WES | WESTERN MIDSTREAM PARTNERS L | 6.02 | 1,402,480 | 41,036,500 | ADDED | 18.91 | |
| WLK | WESTLAKE CORPORATION | 0.21 | 10,161 | 1,422,130 | REDUCED | -27.73 | |
| WMB | WILLIAMS COS INC | 4.33 | 846,620 | 29,487,800 | REDUCED | -0.04 | |
| WRK | WESTROCK CO | 0.21 | 34,003 | 1,411,800 | REDUCED | -9.94 | |
| WY | WEYERHAEUSER CO MTN BE | 0.14 | 26,872 | 934,339 | REDUCED | -9.98 | |
| XOM | EXXON MOBIL CORP | 0.16 | 10,818 | 1,081,580 | REDUCED | -9.86 |