Portfolio concentration
As of February 28, 2026 · N-PORT
Holdings
23
Top-10 weight
62.83%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
18
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
557.1
Holdings
As of February 28, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | TARGA RESOURCES CORP | — | 500,000 | $117.90M | 9.81% |
| 2 | MLP | ET | 5,400,000 | $101.74M | 8.47% |
| 3 | WILLIAMS COS INC | — | 1,250,000 | $93.40M | 7.77% |
| 4 | MPLX LP PARTNERSHIP SHARES | MPLX US | 1,300,000 | $76.62M | 6.38% |
| 5 | DT MIDSTREAM INC | — | 510,000 | $70.81M | 5.89% |
| 6 | CHENIERE ENERGY INC | — | 300,000 | $70.72M | 5.89% |
| 7 | TC ENERGY CORP | — | 920,000 | $59.22M | 4.93% |
| 8 | KINDER MORGAN INC | — | 1,770,000 | $58.89M | 4.90% |
| 9 | Plains GP Holdings LP LTD PARTNER INT CL A NEW IN | PAGP | 2,610,000 | $58.83M | 4.90% |
| 10 | ONEOK INC | — | 700,000 | $57.94M | 4.82% |
| 11 | KINETIK HOLDINGS INC | — | 1,250,000 | $56.86M | 4.73% |
| 12 | PEMBINA PIPELINE | — | 1,280,000 | $56.31M | 4.69% |
| 13 | KEYERA CORP | — | 1,410,000 | $53.81M | 4.48% |
| 14 | Enterprise Products Partners LP | — | 1,400,000 | $50.60M | 4.21% |
| 15 | WESTERN MIDSTREAM PARTNERS LP MLP | WES US | 1,100,000 | $45.75M | 3.81% |
| 16 | NYLI U.S. Government Liquidity Fund | — | 44,229,386 | $44.23M | 3.68% |
| 17 | ENBRIDGE INC | — | 800,000 | $42.51M | 3.54% |
| 18 | SOUTH BOW CORP | — | 860,000 | $27.70M | 2.31% |
| 19 | PHILLIPS 66 | — | 170,000 | $26.24M | 2.18% |
| 20 | EQT CORPORATION | — | 350,000 | $21.50M | 1.79% |
| 21 | MARATHON PETROLEUM CORP | — | 100,000 | $19.82M | 1.65% |
| 22 | KEYERA CORP | — | 100,000 | $3.82M | 0.32% |
| 23 | FX Forward Contract: CAD/USD SETTLE 2026-03-18 | — | 3,485,139 | $2.55M | 0.21% |
| 24 | SOLARIS OIL IN-A | — | 28,949 | $1.44M | 0.12% |
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