Latest MILLER HOWARD INVESTMENTS INC /NY Stock Portfolio

MILLER HOWARD INVESTMENTS INC /NY Performance:

2025 Q4: 1.16%YTD: 8.73%2024: 13.18%

Performance for 2025 Q4 is 1.16%, and YTD is 8.73%, and 2024 is 13.18%.

About MILLER HOWARD INVESTMENTS INC /NY and 13F Hedge Fund Stock Holdings

MILLER HOWARD INVESTMENTS INC /NY is a hedge fund based in KINGSTON, NY. On 30-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $3.1 Billions. In it's latest 13F Holdings report, MILLER HOWARD INVESTMENTS INC /NY reported an equity portfolio of $3.3 Billions as of 31 Dec, 2025.

The top stock holdings of MILLER HOWARD INVESTMENTS INC /NY are MPLX, JNJ, EPD. The fund has invested 3.7% of it's portfolio in MPLX LP COM UNIT REP LTD and 3.2% of portfolio in JOHNSON & JOHNSON COM.

The fund managers got completely rid off INTERPUBLIC GROUP COS INC COM (IPG), EQT CORP COM (EQT) and CENOVUS ENERGY INC COM stocks. They significantly reduced their stock positions in JPMORGAN CHASE & CO. COM (JPM), JEFFERIES FINL GROUP INC COM (JEF) and PUBLIC SVC ENTERPRISE GRP INC (PEG). MILLER HOWARD INVESTMENTS INC /NY opened new stock positions in REGIONS FINANCIAL CORP NEW COM (RF), M & T BK CORP COM (MTB) and GAP INC/THE (GPS). The fund showed a lot of confidence in some stocks as they added substantially to OMNICOM GROUP INC COM (OMC), SPDR S&P 500 ETF TR TR UNIT (SPY) and ISHARES TR SELECT DIVID ETF (IJR).

MILLER HOWARD INVESTMENTS INC /NY Annual Return Estimates Vs S&P 500

Our best estimate is that MILLER HOWARD INVESTMENTS INC /NY made a return of 1.16% in the last quarter. In trailing 12 months, it's portfolio return was 8.73%.

Performance
S&P 500

New Buys

Ticker	$ Bought
regions financial corp new com	42,929,400
m & t bk corp com	42,816,800
gap inc/the	20,561,100
rockpoint gas storage inc clas	4,308,620
alps etf tr alerian mlp	2,111,650
select sector spdr tr energy	1,824,790
ishares tr rus 1000 val etf	1,283,270
totalenergies se	602,359

New stocks bought by MILLER HOWARD INVESTMENTS INC /NY

Additions

Ticker	% Inc.
omnicom group inc com	9,971
spdr s&p 500 etf tr tr unit	1,364
ishares tr select divid etf	745
select sector spdr tr sbi int-	506
valero energy corp com	199
chord energy corporation com n	134
eastman chem co com	94.15
sempra com	33.98

Additions to existing portfolio by MILLER HOWARD INVESTMENTS INC /NY

Reductions

Ticker	% Reduced
jpmorgan chase & co. com	-95.51
jefferies finl group inc com	-94.52
public svc enterprise grp inc	-70.42
range res corp com	-63.93
chevron corp new com	-50.51
verizon communications inc com	-42.66
bank new york mellon corp com	-36.06
block h & r inc com	-33.79

MILLER HOWARD INVESTMENTS INC /NY reduced stake in above stock

Sold off

Ticker	$ Sold
interpublic group cos inc com	-48,315,400
cenovus energy inc com	-1,680,620
eqt corp com	-3,258,180
sm energy co com	-951,157
nomad foods ltd usd ord shs	-373,854
totalenergies se sponsored ads	-820,043
sonoco prods co com	-400,608

MILLER HOWARD INVESTMENTS INC /NY got rid off the above stocks

Sector Distribution

MILLER HOWARD INVESTMENTS INC /NY has about 30.4% of it's holdings in Energy sector.

Sector	%
Energy	30.4
Financial Services	18
Others	12.4
Healthcare	10.6
Utilities	10
Real Estate	6.1
Technology	3.9
Communication Services	2.9
Industrials	2.3
Consumer Defensive	1.2
Basic Materials	1.2
Consumer Cyclical	1.1

Market Cap. Distribution

MILLER HOWARD INVESTMENTS INC /NY has about 75.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	66.3
UNALLOCATED	12.4
MID-CAP	11.3
MEGA-CAP	9

Stocks belong to which Index?

About 55.7% of the stocks held by MILLER HOWARD INVESTMENTS INC /NY either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	55.7
Others	43.7

Top 5 Winners (%)		%
LBRT	liberty energy inc com cl a	47.5 %
CAH	cardinal health inc com	30.9 %
UPS	united parcel service inc cl b	17.0 %
	royal bk cda com	15.5 %
C	citigroup inc com new	14.9 %

Top 5 Winners ($)		$
JNJ	johnson & johnson com	11.1 M
CSCO	cisco sys inc com	10.7 M
	gsk plc sponsored adr	9.7 M
C	citigroup inc com new	9.0 M
STT	state str corp com	7.8 M

Top 5 Losers (%)		%
XLB	select sector spdr tr sbi int-	-37.8 %
VST	vistra corp com	-17.2 %
LNG	cheniere energy inc com new	-16.1 %
MPC	marathon pete corp com	-15.5 %
KNTK	kinetik holdings inc com new c	-15.4 %

Top 5 Losers ($)		$
VICI	vici pptys inc com	-8.1 M
LNG	cheniere energy inc com new	-7.0 M
PAYX	paychex inc com	-6.7 M
ET	energy transfer l p com ut ltd	-3.5 M
VZ	verizon communications inc com	-3.5 M

MILLER HOWARD INVESTMENTS INC /NY Holdings Map

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

Current Stock Holdings of MILLER HOWARD INVESTMENTS INC /NY

MILLER HOWARD INVESTMENTS INC /NY has 138 stocks in it's portfolio. About 28.1% of the portfolio is in top 10 stocks. VICI proved to be the most loss making stock for the portfolio. JNJ was the most profitable stock for MILLER HOWARD INVESTMENTS INC /NY last quarter.

Last Reported on: 27 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares global infrastructure	0.01	8,099	496,984	new

ABBV	abbvie inc com	2.77	401,292	91,691,200	reduced	-1.34

ACES	alerian energy infrastructure	0.21	217,385	6,837,840	reduced	-0.3

ACES	alps etf tr alerian mlp	0.06	44,910	2,111,650	new

AEE	ameren corp com	0.28	92,529	9,240,000	added	6.96

AEP	american elec pwr co inc com	0.09	26,384	3,042,340	added	7.89

AES	aes corp com	0.03	62,377	894,486	added	7.79

AM	antero midstream corp com	1.06	1,978,400	35,195,800	added	2.48

AMPS	ishares tr core high dv etf	0.01	2,086	253,638	new

AMT	american tower corp new com	0.26	50,094	8,794,960	reduced	-6.1

AR	antero resources corp com	0.16	149,397	5,148,220	reduced	-4.47

ATO	atmos energy corp com	0.30	58,819	9,859,830	added	7.66

AVGO	broadcom inc com	0.04	3,683	1,274,720	reduced	-2.93

AWK	american wtr wks co inc new co	0.16	41,814	5,456,740	added	4.95

BAC	bank america corp com	1.74	1,048,020	57,641,300	reduced	-1.32

BK	bank new york mellon corp com	1.35	386,133	44,826,100	reduced	-36.06

BKH	black hills corp com	0.03	15,357	1,066,080	added	8.61

BKR	baker hughes company cl a	0.05	37,646	1,714,400	reduced	-4.48

C	citigroup inc com new	2.07	587,187	68,518,900	reduced	-1.26

CAH	cardinal health inc com	0.02	3,930	807,580	unchanged	0.00