Aventail Capital Group, LP

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Aventail Capital Group, LP reported 110 stock positions worth $1.9 billion. Its top holding was PPL (PPL) at 5.2% of the portfolio, followed by Entergy (ETR, 5.1%) and Golar LNG (GLNG, 3.8%). Compared with Q3 2024, it opened 36 new positions, sold out of 17, added to 29 and reduced 32. The biggest buy was a new position in Entergy (ETR) and the biggest sale Eversource Energy (ES, shares −92%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001803822
Portfolio Value
$1.9B (Q4 2024)
SEC Filing
0001420506-25-000511 ↗ filed Feb 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.3B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.9B $1.9B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 110 stocks · $1.9B
PPL PPL Corp. 5.20% 3,059,980 $99.3M Add +46.5%
ETR Entergy Corp. 5.06% 1,274,921 $96.7M New
GLNG Golar LNG Ltd. 3.80% 1,716,321 $72.6M Add +17.1%
TRGP Targa Resources Corp. 3.74% 400,000 $71.4M Reduce 0.0%
GPOR Gulfport Energy Corp. 3.61% 375,000 $69.1M Reduce -2.0%
DTM DT Midstream Inc. 3.52% 676,017 $67.2M New
BKV BKV Corporation 3.10% 2,491,801 $59.3M Add +2.2%
CRGY Crescent Energy Inc. Class A 2.83% 3,703,954 $54.1M Add +37.3%
AR Antero Resources Corp. 2.60% 1,418,349 $49.7M Add +183.7%
DTE DTE Energy Company 2.58% 408,929 $49.4M Add +308.9%
FANG Diamondback Energy Inc. 2.57% 300,000 $49.1M Reduce -46.7%
TRP TC Energy Corp. 2.55% 1,048,122 $48.8M Reduce -41.5%
OKE Oneok Inc. 2.36% 450,000 $45.2M Reduce -7.1%
OGE Oge Energy Corp. 2.28% 1,055,889 $43.6M Add +41.2%
PR Permian Resources Corp. Class A 2.26% 3,000,000 $43.1M Reduce -35.8%
LNG Cheniere Energy Inc. 2.11% 187,794 $40.4M Add +3623.1%
EVRG Evergy Inc. 2.10% 651,219 $40.1M New
SDRL Seadrill Limited 2.04% 1,000,000 $38.9M Reduce -21.8%
XEL Xcel Energy Inc. 2.01% 569,515 $38.5M New
PEG Public Service Enterprise GP 1.99% 450,000 $38.0M Reduce -2.6%
NEE Nextera Energy Inc. 1.88% 500,000 $35.8M Reduce -8.6%
GEV GE Vernova Inc. 1.72% 100,000 $32.9M Add +7.0%
SHEL Shell PLC-ADR 1.64% 500,000 $31.3M Reduce -19.1%
MTDR Matador Resources Co. 1.48% 501,855 $28.2M Add +0.4%
KEX Kirby Corp. 1.38% 250,000 $26.4M Reduce -15.9%
KMI Kinder Morgan Inc. 1.34% 937,614 $25.7M Add +183.3%
CHRD Chord Energy Corp. 1.22% 200,000 $23.4M Reduce -3.7%
PSX Phillips 66 1.19% 200,000 $22.8M Reduce -58.1%
VST Vistra Corp. 1.08% 150,000 $20.7M Reduce -52.7%
BKR Baker Hughes Co. 1.07% 500,000 $20.5M Reduce -48.9%
PNW Pinnacle West Capital 0.95% 213,153 $18.1M New
CVX Chevron Corp. 0.92% 121,627 $17.6M New
VLO Valero Energy Corp. 0.87% 136,112 $16.7M Add +172.2%
PCG P G & E Corp. 0.81% 765,783 $15.5M New
COP Conocophillips 0.77% 147,479 $14.6M New
SEI Solaris Energy Infrastructur 0.75% 500,000 $14.4M Reduce -45.1%
TTE Totalenergies SE -Spon ADR 0.75% 261,623 $14.3M New
AGX Argan Inc. 0.68% 94,580 $13.0M Add +338.7%
MPC Marathon Petroleum Corp. 0.67% 92,239 $12.9M New
CEG Constellation Energy 0.66% 56,637 $12.7M Add +43.1%
PAGP Plains GP Holdings LP 0.65% 680,723 $12.5M Reduce -38.9%
AROC Archrock Inc. 0.65% 500,000 $12.4M Reduce -71.7%
VNOM Viper Energy Inc. 0.64% 250,000 $12.3M Reduce -50.0%
FE Firstenergy Corp. 0.62% 300,000 $11.9M Reduce -57.9%
FRO Frontline PLC 0.61% 824,442 $11.7M Add +62.8%
GRNT Granite Ridge Resources Inc. 0.61% 1,798,750 $11.6M Add +1698.8%
HESM Hess Midstream LP Class A 0.58% 300,000 $11.1M Reduce -45.5%
CNX CNX Resources Corp. 0.58% 300,000 $11.0M No change
SRE Sempra 0.57% 125,000 $11.0M Add +25.0%
NOG Northern Oil and Gas Inc. 0.56% 285,440 $10.6M New
SM SM Energy Co. 0.51% 250,000 $9.7M Reduce -75.4%
SO The Southern Co. 0.51% 117,692 $9.7M Add +135.4%
MGY Magnolia Oil & Gas Corp. Class A 0.49% 400,000 $9.4M Reduce -4.5%
NJR New Jersey Resources Corp. 0.49% 200,000 $9.3M Reduce -51.6%
VTLE Vital Energy Inc. 0.49% 300,000 $9.3M No change
KNTK Kinetik Holdings Inc. 0.47% 158,611 $9.0M Add +217.2%
CRK Comstock Resources Inc. 0.44% 457,719 $8.3M New
OVV Ovintiv Inc. 0.42% 200,000 $8.1M No change
CTRA Coterra Energy Inc. 0.41% 309,947 $7.9M New
MUSA Murphy USA Inc. 0.39% 15,000 $7.5M Reduce -15.6%
NWE Northwestern Energy Group Inc. 0.39% 139,895 $7.5M New
SOC Sable Offshore Corp. 0.39% 324,018 $7.4M Add +332.0%
RRC Range Resources Corp. 0.38% 200,000 $7.2M Reduce -29.8%
PARR Par Pacific Holdings Inc. 0.37% 431,026 $7.1M New
DINO HF Sinclair Corp. 0.37% 200,936 $7.0M Add +100.9%
TS Tenaris SA-ADR 0.37% 185,524 $7.0M New
TXNM TXNM Energy Inc. 0.32% 125,560 $6.2M New
FTI Technipfmc PLC 0.30% 200,000 $5.8M Reduce -52.9%
RIG Transocean Ltd. 0.29% 1,500,000 $5.6M No change
CRC California Resources Corp. 0.29% 105,873 $5.5M Add +5.9%
WMB Williams Cos Inc. 0.28% 100,000 $5.4M No change
DUK Duke Energy Corp. 0.28% 50,000 $5.4M No change
PBF PBF Energy Inc. Class A 0.28% 200,000 $5.3M Reduce -6.4%
LNT Alliant Energy Corp. 0.27% 86,408 $5.1M New
CIVI Civitas Resources Inc. 0.24% 100,000 $4.6M Add +51.6%
CVE Cenovus Energy Inc. 0.24% 300,000 $4.5M No change
ED Consolidated Edison Inc. 0.23% 50,000 $4.5M Reduce -65.0%
AES AES Corp. 0.23% 339,709 $4.4M Add +41.5%
NSC Norfolk Southern Corp. 0.22% 18,229 $4.3M New
HUT Hut 8 Corp. 0.21% 200,000 $4.1M Add +11.8%
KGS Kodiak Gas Services Inc. 0.21% 100,000 $4.1M No change
GFL GFL Environmental Inc.-Sub VT 0.21% 88,417 $3.9M New
ES Eversource Energy 0.19% 64,467 $3.7M Reduce -92.4%
STR Sitio Royalties Corp. Class A 0.19% 187,695 $3.6M New
BEPC Brookfield Renewable Corp. 0.18% 126,464 $3.5M New
VAL Valaris Ltd. 0.17% 75,000 $3.3M No change
CORZ Core Scientific Inc. 0.17% 232,193 $3.3M Add +14.3%
ITRI Itron Inc. 0.17% 29,481 $3.2M No change
CNQ Canadian Natural Resources 0.16% 100,000 $3.1M No change
EE Excelerate Energy Inc. Class A 0.16% 100,000 $3.0M Reduce -31.4%
CCJ Cameco Corp. 0.16% 58,405 $3.0M New
FLNC Fluence Energy Inc. 0.15% 181,748 $2.9M New
MTZ Mastec Inc. 0.11% 15,000 $2.0M New
PUMP Propetro Holding Corp. 0.10% 213,447 $2.0M New
BKH Black Hills Corp. 0.10% 32,860 $1.9M New
PRIM Primoris Services Corp. 0.10% 23,943 $1.8M New
HAFN Hafnia Ltd. 0.08% 284,900 $1.6M New
SMC Summit Midstream Corp. 0.08% 41,054 $1.6M New
NEXT Nextdecade Corp. 0.07% 185,537 $1.4M Add +83.9%
XPRO Expro Group Holdings NV 0.07% 100,000 $1.2M No change

Show all 110 holdings

Options reported separately and not counted above: NFE puts ($34.7M), PPL calls ($2.5M), CLMT puts ($991K).

Portfolio Sells Q3 2024 → Q4 2024
ES Eversource Energy Reduce -92.4% 0.19% −3.21
TLN Talen Energy Corp. Sold out 0.00% −3.16
FANG Diamondback Energy Inc. Reduce -46.7% 2.57% −3.14
PSX Phillips 66 Reduce -58.1% 1.19% −2.50
TRP TC Energy Corp. Reduce -41.5% 2.55% −2.46
SM SM Energy Co. Reduce -75.4% 0.51% −1.88
OXY Occidental Petroleum Corp. Sold out 0.00% −1.50
PR Permian Resources Corp. Class A Reduce -35.8% 2.26% −1.49
AROC Archrock Inc. Reduce -71.7% 0.65% −1.46
LBRT Liberty Energy Inc. Sold out 0.00% −1.26
FE Firstenergy Corp. Reduce -57.9% 0.62% −1.24
VST Vistra Corp. Reduce -52.7% 1.08% −1.13
BKR Baker Hughes Co. Reduce -48.9% 1.07% −1.01
SDRL Seadrill Limited Reduce -21.8% 2.04% −0.96
NEE Nextera Energy Inc. Reduce -8.6% 1.88% −0.85
SHEL Shell PLC-ADR Reduce -19.1% 1.64% −0.76
KEX Kirby Corp. Reduce -15.9% 1.38% −0.76
VNOM Viper Energy Inc. Reduce -50.0% 0.64% −0.69
NJR New Jersey Resources Corp. Reduce -51.6% 0.49% −0.66
ED Consolidated Edison Inc. Reduce -65.0% 0.23% −0.64
HESM Hess Midstream LP Class A Reduce -45.5% 0.58% −0.56
PAGP Plains GP Holdings LP Reduce -38.9% 0.65% −0.56
ENLC Enlink Midstream LLC Sold out 0.00% −0.45
PEG Public Service Enterprise GP Reduce -2.6% 1.99% −0.44
CHRD Chord Energy Corp. Reduce -3.7% 1.22% −0.37
FTI Technipfmc PLC Reduce -52.9% 0.30% −0.35
NFG National Fuel Gas Co. Sold out 0.00% −0.29
TNK Teekay Tankers Ltd. Class A Reduce -76.5% 0.04% −0.25
STNG Scorpio Tankers Inc. Sold out 0.00% −0.25
OKE Oneok Inc. Reduce -7.1% 2.36% −0.23
TPL Texas Pacific Land Corp. Sold out 0.00% −0.19
IMO Imperial Oil Ltd. Sold out 0.00% −0.17
EQNR Equinor ASA-Spon ADR Sold out 0.00% −0.15
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.15
RRC Range Resources Corp. Reduce -29.8% 0.38% −0.14
XOM Exxon Mobil Corp. Sold out 0.00% −0.13
MUSA Murphy USA Inc. Reduce -15.6% 0.39% −0.12
MGY Magnolia Oil & Gas Corp. Class A Reduce -4.5% 0.49% −0.11
PBF PBF Energy Inc. Class A Reduce -6.4% 0.28% −0.11
NVT Nvent Electric PLC Sold out 0.00% −0.09
ASC Ardmore Shipping Corp. Sold out 0.00% −0.08
CASY Casey's General Stores Inc. Sold out 0.00% −0.08
TRMD Torm PLC-A Sold out 0.00% −0.07
EOG EOG Resources Inc. Sold out 0.00% −0.05
EE Excelerate Energy Inc. Class A Reduce -31.4% 0.16% −0.03
OKLO Oklo Inc. Sold out 0.00% −0.02
SEI Solaris Energy Infrastructur Reduce -45.1% 0.75% +0.07
GPOR Gulfport Energy Corp. Reduce -2.0% 3.61% +0.20
TRGP Targa Resources Corp. Reduce 0.0% 3.74% +0.25

Portfolio Buys Q3 2024 → Q4 2024
ETR Entergy Corp. New 5.06% +5.06
DTM DT Midstream Inc. New 3.52% +3.52
EVRG Evergy Inc. New 2.10% +2.10
LNG Cheniere Energy Inc. Add +3623.1% 2.11% +2.06
XEL Xcel Energy Inc. New 2.01% +2.01
DTE DTE Energy Company Add +308.9% 2.58% +1.83
AR Antero Resources Corp. Add +183.7% 2.60% +1.76
PPL PPL Corp. Add +46.5% 5.20% +1.13
CRGY Crescent Energy Inc. Class A Add +37.3% 2.83% +1.09
PNW Pinnacle West Capital New 0.95% +0.95
CVX Chevron Corp. New 0.92% +0.92
KMI Kinder Morgan Inc. Add +183.3% 1.34% +0.91
PCG P G & E Corp. New 0.81% +0.81
COP Conocophillips New 0.77% +0.77
TTE Totalenergies SE -Spon ADR New 0.75% +0.75
MPC Marathon Petroleum Corp. New 0.67% +0.67
GLNG Golar LNG Ltd. Add +17.1% 3.80% +0.63
GRNT Granite Ridge Resources Inc. Add +1698.8% 0.61% +0.57
NOG Northern Oil and Gas Inc. New 0.56% +0.56
AGX Argan Inc. Add +338.7% 0.68% +0.55
BKV BKV Corporation Add +2.2% 3.10% +0.48
VLO Valero Energy Corp. Add +172.2% 0.87% +0.48
OGE Oge Energy Corp. Add +41.2% 2.28% +0.47
CRK Comstock Resources Inc. New 0.44% +0.44
CTRA Coterra Energy Inc. New 0.41% +0.41
NWE Northwestern Energy Group Inc. New 0.39% +0.39
PARR Par Pacific Holdings Inc. New 0.37% +0.37
TS Tenaris SA-ADR New 0.37% +0.37
KNTK Kinetik Holdings Inc. Add +217.2% 0.47% +0.34
TXNM TXNM Energy Inc. New 0.32% +0.32
GEV GE Vernova Inc. Add +7.0% 1.72% +0.32
SOC Sable Offshore Corp. Add +332.0% 0.39% +0.28
LNT Alliant Energy Corp. New 0.27% +0.27
SO The Southern Co. Add +135.4% 0.51% +0.24
NSC Norfolk Southern Corp. New 0.22% +0.22
GFL GFL Environmental Inc.-Sub VT New 0.21% +0.21
STR Sitio Royalties Corp. Class A New 0.19% +0.19
BEPC Brookfield Renewable Corp. New 0.18% +0.18
CCJ Cameco Corp. New 0.16% +0.16
FLNC Fluence Energy Inc. New 0.15% +0.15
MTZ Mastec Inc. New 0.11% +0.11
DINO HF Sinclair Corp. Add +100.9% 0.37% +0.11
PUMP Propetro Holding Corp. New 0.10% +0.10
BKH Black Hills Corp. New 0.10% +0.10
PRIM Primoris Services Corp. New 0.10% +0.10
HUT Hut 8 Corp. Add +11.8% 0.21% +0.09
HAFN Hafnia Ltd. New 0.08% +0.08
SRE Sempra Add +25.0% 0.57% +0.08
SMC Summit Midstream Corp. New 0.08% +0.08
CEG Constellation Energy Add +43.1% 0.66% +0.06

Options Activity Q3 2024 → Q4 2024
NFE New Fortress Energy Inc. put New 2,295,000 $34.7M
PPL PPL Corp. call New 77,000 $2.5M
CLMT Calumet Inc. put New 45,000 $991K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 155$1.7BNFG, AEE, LNT, ETR, NXT
Q1 2026 169$2.1BETR, NFG, CNP, ATO, CNX
Q4 2025 155$1.7BNFG, ETR, AEE, SLB, AR
Q3 2025 138$2.1BES, ETR, NRG, XEL, SO
Q2 2025 127$2.2BETR, CNP, PPL, NRG, DTM
Q1 2025 127$2.0BETR, PPL, TRGP, DTM, DVN
Q4 2024 110$1.9BPPL, ETR, GLNG, TRGP, GPOR
Q3 2024 91$1.7BFANG, TRP, PPL, PR, PSX
Q2 2024 88$1.4BFANG, CHRD, PR, ED, VST
Q1 2024 73$1.3BERF, FANG, COP, ENLC, PR