Aventail Capital Group, LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Aventail Capital Group, LP reported 169 stock positions worth $2.1 billion. Its top holding was Entergy (ETR) at 3.8% of the portfolio, followed by National Fuel Gas (NFG, 3.3%) and Centerpoint Energy (CNP, 2.3%). Compared with Q4 2025, it opened 29 new positions, sold out of 15, added to 81 and reduced 57. The biggest buy was a new position in Apa (APA) and the biggest sale SLB (SLB, shares −75%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001803822
Portfolio Value
$2.1B (Q1 2026)
SEC Filing
0001420506-26-001162 ↗ filed May 15, 2026

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 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 $2.1B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 169 stocks · $2.1B
ETR Entergy Corp. 3.76% 692,533 $77.8M Reduce -16.5%
NFG National Fuel Gas Co. 3.27% 720,381 $67.7M Reduce -33.9%
CNP Centerpoint Energy Inc. 2.28% 1,092,392 $47.1M Add +194.5%
ATO Atmos Energy Corp. 2.21% 247,838 $45.8M Add +29.7%
CNX CNX Resources Corp. 2.11% 1,131,193 $43.6M Add +2501.8%
APA Apa Corp. 2.02% 985,558 $41.8M New
GEV GE Vernova Inc. 2.00% 47,407 $41.4M Add +876.9%
PPL PPL Corp. 1.84% 998,381 $38.1M Add +304.5%
NRG NRG Energy Inc. 1.79% 254,063 $37.1M Add +17.6%
WWD Woodward Inc. 1.77% 102,556 $36.7M Add +41.2%
AEE Ameren Corporation 1.65% 311,570 $34.2M Reduce -53.3%
SO The Southern Co. 1.49% 319,217 $30.8M Reduce -45.3%
AEP American Electric Power 1.48% 232,919 $30.5M Reduce -52.6%
PEG Public Service Enterprise GP 1.46% 374,111 $30.3M Reduce -47.5%
MOD Modine Manufacturing Co. 1.45% 138,104 $29.9M Reduce -65.7%
TRGP Targa Resources Corp. 1.43% 117,861 $29.6M Add +159.3%
OVV Ovintiv Inc. 1.40% 487,237 $28.9M Add +25.7%
SRE Sempra 1.38% 293,678 $28.5M Add +174.7%
NXT Nextpower Inc. 1.34% 230,172 $27.7M Add +217.1%
ATI Ati Inc. 1.30% 185,312 $27.0M New
LNT Alliant Energy Corp. 1.26% 364,067 $26.1M Reduce -17.3%
PR Permian Resources Corp. Class A 1.13% 1,099,343 $23.4M Reduce -3.6%
DUK Duke Energy Corp. 1.06% 167,929 $22.0M Add +63.9%
LII Lennox International Inc. 1.03% 46,016 $21.4M New
BKV BKV Corporation 1.03% 745,584 $21.3M Add +155.4%
FE Firstenergy Corp. 1.00% 406,835 $20.6M Reduce -46.1%
ES Eversource Energy 0.99% 296,428 $20.5M Reduce -65.2%
IMO Imperial Oil Ltd. 0.99% 156,906 $20.5M New
DTE DTE Energy Company 0.99% 139,548 $20.4M Reduce -18.8%
XEL Xcel Energy Inc. 0.98% 256,542 $20.4M Add +14.0%
SLB SLB Ltd. filed as SLB LIMITED 0.98% 395,961 $20.3M Reduce -74.7%
DVN Devon Energy Corp. 0.97% 397,852 $20.0M Reduce -59.6%
OKE Oneok Inc. 0.96% 219,925 $19.9M Reduce -63.4%
SHEL Shell PLC-ADR 0.96% 213,033 $19.8M Add +28.0%
CAT Caterpillar Inc. 0.96% 27,908 $19.8M Reduce -57.5%
CVX Chevron Corp. 0.96% 95,560 $19.8M Reduce -44.9%
AR Antero Resources Corp. 0.95% 461,148 $19.6M Reduce -73.1%
NEE Nextera Energy Inc. 0.93% 207,722 $19.3M Add +35.6%
BWA Borgwarner Inc. 0.93% 355,404 $19.3M New
FTAI Ftai Aviation Ltd. 0.89% 74,791 $18.3M Add +632.0%
MTZ Mastec Inc. 0.85% 54,407 $17.5M Add +188.8%
SOC Sable Offshore Corp. 0.79% 991,661 $16.4M Reduce -21.6%
OXY Occidental Petroleum Corp. 0.78% 247,752 $16.1M Add +506.9%
BKR Baker Hughes Co. 0.75% 254,976 $15.6M Add +172.6%
PNW Pinnacle West Capital 0.75% 153,186 $15.4M Add +23.9%
ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII 0.73% 1,452,081 $15.0M Add +4.3%
PSX Phillips 66 0.72% 81,469 $14.8M Reduce -36.9%
MWH Solv Energy Inc. Class A 0.72% 492,980 $14.8M New
KGS Kodiak Gas Services Inc. 0.71% 253,721 $14.8M Reduce -46.8%
PCG P G & E Corp. 0.70% 822,638 $14.5M Add +695.1%
PCAR Paccar Inc. 0.70% 124,607 $14.4M New
PH Parker Hannifin Corp. 0.69% 16,039 $14.4M Add +808.7%
TPL Texas Pacific Land Corp. 0.68% 29,714 $14.1M Add +57.9%
ENTG Entegris Inc. 0.68% 119,445 $14.0M New
CCJ Cameco Corp. 0.64% 121,490 $13.2M New
RRC Range Resources Corp. 0.63% 286,350 $12.9M Add +511.6%
PWR Quanta Services Inc. 0.61% 23,154 $12.7M Reduce -19.9%
SUNC Sunococorp LLC 0.60% 202,203 $12.5M Reduce -68.5%
CHRD Chord Energy Corp. 0.50% 72,998 $10.4M Reduce -17.9%
MPC Marathon Petroleum Corp. 0.50% 42,426 $10.4M Add +333.9%
CRGY Crescent Energy Inc. Class A 0.50% 764,526 $10.3M Reduce -29.6%
SU Suncor Energy Inc. 0.50% 155,982 $10.3M Reduce -33.8%
CMS CMS Energy Corp. 0.50% 132,732 $10.3M Reduce -42.0%
TTE Totalenergies SE 0.50% 112,625 $10.2M Reduce -47.1%
HAL Halliburton Co. 0.49% 262,398 $10.2M Reduce -9.5%
NI Nisource Inc. 0.49% 218,914 $10.2M Add +5.3%
OGE Oge Energy Corp. 0.49% 212,675 $10.2M Reduce -57.5%
XOM Exxon Mobil Corp. 0.49% 59,592 $10.1M New
TLN Talen Energy Corp. 0.49% 31,669 $10.1M Reduce -39.8%
PBF PBF Energy Inc. Class A 0.47% 205,803 $9.8M Reduce -19.5%
DTM DT Midstream Inc. 0.47% 72,579 $9.8M Reduce -17.6%
EQT Eqt Corp. 0.47% 153,069 $9.7M Add +8.7%
FIX Comfort Systems USA Inc. 0.46% 6,842 $9.4M Reduce -0.5%
SEI Solaris Energy Infrastructur 0.45% 163,934 $9.3M Reduce -45.4%
RRX Regal Rexnord Corp. 0.43% 47,877 $9.0M New
VG Venture Global Inc. Class A 0.43% 563,367 $8.9M Add +156.5%
FANG Diamondback Energy Inc. 0.42% 44,278 $8.8M Add +61.1%
FPS Forgent Power Solutions Class A 0.40% 279,486 $8.2M New
MTDR Matador Resources Co. 0.38% 124,786 $7.9M Add +0.9%
CW Curtiss-Wright Corp. 0.38% 11,545 $7.9M Add +659.0%
GMTL Guardian Metal Resources 0.36% 430,778 $7.5M New
TBN Tamboran Resources Corp. 0.36% 149,759 $7.5M Reduce -0.5%
PUMP Propetro Holding Corp. 0.36% 512,456 $7.4M Add +68.6%
TLNCU Talon Capital Corp. 0.36% 707,251 $7.4M No change
ECG Everus Construction Group 0.35% 61,421 $7.3M New
JBHT Hunt (jb) Transprt SVCS Inc. 0.35% 34,123 $7.2M Reduce -7.5%
DINO HF Sinclair Corp. 0.34% 113,932 $7.1M Add +31.0%
PARR Par Pacific Holdings Inc. 0.34% 113,452 $7.1M Add +14.7%
EMR Emerson Electric Co. 0.34% 53,784 $7.0M Reduce -6.6%
MLI Mueller Industries Inc. 0.34% 63,006 $7.0M Add +27.4%
KMI Kinder Morgan Inc. 0.33% 206,307 $6.9M Add +35.1%
EC Ecopetrol SA-Sponsored ADR 0.33% 460,202 $6.9M New
VNOM Viper Energy Inc. Class A 0.33% 146,505 $6.9M Add +10.2%
CHRW C.H. Robinson Worldwide Inc. 0.33% 41,371 $6.9M Reduce -10.9%
WMB Williams Cos Inc. 0.33% 94,010 $6.8M Add +34.9%
HP Helmerich & Payne 0.33% 187,768 $6.8M Reduce -1.4%
DY Dycom Industries Inc. 0.33% 19,964 $6.8M Reduce -22.1%
TT Trane Technologies PLC 0.31% 15,485 $6.5M New
CWEN Clearway Energy Inc. Class C 0.27% 143,844 $5.7M Add +66.2%
GPRK Geopark Ltd. 0.26% 566,038 $5.4M Add +32.6%

Show all 169 holdings

Options reported separately and not counted above: SPY puts ($16.3M).

Portfolio Sells Q4 2025 → Q1 2026
SLB SLB Ltd. Reduce -74.7% 0.98% −2.48
AR Antero Resources Corp. Reduce -73.1% 0.95% −2.46
ES Eversource Energy Reduce -65.2% 0.99% −2.31
AEE Ameren Corporation Reduce -53.3% 1.65% −2.18
PEG Public Service Enterprise GP Reduce -47.5% 1.46% −1.83
AEP American Electric Power Reduce -52.6% 1.48% −1.79
NFG National Fuel Gas Co. Reduce -33.9% 3.27% −1.76
MOD Modine Manufacturing Co. Reduce -65.7% 1.45% −1.65
OKE Oneok Inc. Reduce -63.4% 0.96% −1.58
SO The Southern Co. Reduce -45.3% 1.49% −1.44
SUNC Sunococorp LLC Reduce -68.5% 0.60% −1.22
CAT Caterpillar Inc. Reduce -57.5% 0.96% −1.21
DVN Devon Energy Corp. Reduce -59.6% 0.97% −1.11
FE Firstenergy Corp. Reduce -46.1% 1.00% −0.95
CTRA Coterra Energy Inc. Sold out 0.00% −0.82
OGE Oge Energy Corp. Reduce -57.5% 0.49% −0.74
XIFR XPLR Infrastructure LP Reduce -69.8% 0.25% −0.68
ETR Entergy Corp. Reduce -16.5% 3.76% −0.66
TLN Talen Energy Corp. Reduce -39.8% 0.49% −0.65
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.63
BEPC Brookfield Renewable Corp. Sold out 0.00% −0.60
CVX Chevron Corp. Reduce -44.9% 0.96% −0.57
DOV Dover Corp. Reduce -63.3% 0.23% −0.48
CMS CMS Energy Corp. Reduce -42.0% 0.50% −0.42
LNT Alliant Energy Corp. Reduce -17.3% 1.26% −0.39
SEI Solaris Energy Infrastructur Reduce -45.4% 0.45% −0.35
KGS Kodiak Gas Services Inc. Reduce -46.8% 0.71% −0.31
TTE Totalenergies SE Reduce -47.1% 0.50% −0.31
PRIM Primoris Services Corp. Reduce -54.2% 0.23% −0.30
DTE DTE Energy Company Reduce -18.8% 0.99% −0.29
CRK Comstock Resources Inc. Reduce -40.7% 0.24% −0.29
CSX CSX Corp. Reduce -47.8% 0.26% −0.26
PSX Phillips 66 Reduce -36.9% 0.72% −0.24
EVRG Evergy Inc. Reduce -45.1% 0.25% −0.23
NVT Nvent Electric PLC Reduce -47.1% 0.23% −0.21
LBRT Liberty Energy Inc. Reduce -58.9% 0.23% −0.20
UTL Unitil Corp. Sold out 0.00% −0.18
DY Dycom Industries Inc. Reduce -22.1% 0.33% −0.17
DTM DT Midstream Inc. Reduce -17.6% 0.47% −0.14
MSEX Middlesex Water Co. Sold out 0.00% −0.13
WLK Westlake Corp. Sold out 0.00% −0.12
HUN Huntsman Corp. Sold out 0.00% −0.11
SU Suncor Energy Inc. Reduce -33.8% 0.50% −0.10
XYL Xylem Inc. Sold out 0.00% −0.10
EMR Emerson Electric Co. Reduce -6.6% 0.34% −0.10
CHRW C.H. Robinson Worldwide Inc. Reduce -10.9% 0.33% −0.10
POOL Pool Corp. Sold out 0.00% −0.09
PWR Quanta Services Inc. Reduce -19.9% 0.61% −0.09
RSG Republic Services Inc. Sold out 0.00% −0.09
EXE Expand Energy Corp. Reduce -10.1% 0.24% −0.08

Portfolio Buys Q4 2025 → Q1 2026
APA Apa Corp. New 2.02% +2.02
CNX CNX Resources Corp. Add +2501.8% 2.11% +2.02
GEV GE Vernova Inc. Add +876.9% 2.00% +1.82
CNP Centerpoint Energy Inc. Add +194.5% 2.28% +1.46
PPL PPL Corp. Add +304.5% 1.84% +1.34
ATI Ati Inc. New 1.30% +1.30
LII Lennox International Inc. New 1.03% +1.03
IMO Imperial Oil Ltd. New 0.99% +0.99
NXT Nextpower Inc. Add +217.1% 1.34% +0.98
TRGP Targa Resources Corp. Add +159.3% 1.43% +0.94
BWA Borgwarner Inc. New 0.93% +0.93
SRE Sempra Add +174.7% 1.38% +0.84
FTAI Ftai Aviation Ltd. Add +632.0% 0.89% +0.77
MWH Solv Energy Inc. Class A New 0.72% +0.72
PCAR Paccar Inc. New 0.70% +0.70
OXY Occidental Petroleum Corp. Add +506.9% 0.78% +0.68
ENTG Entegris Inc. New 0.68% +0.68
CCJ Cameco Corp. New 0.64% +0.64
MTZ Mastec Inc. Add +188.8% 0.85% +0.61
PH Parker Hannifin Corp. Add +808.7% 0.69% +0.60
PCG P G & E Corp. Add +695.1% 0.70% +0.60
BKV BKV Corporation Add +155.4% 1.03% +0.57
RRC Range Resources Corp. Add +511.6% 0.63% +0.53
OVV Ovintiv Inc. Add +25.7% 1.40% +0.52
WWD Woodward Inc. Add +41.2% 1.77% +0.51
BKR Baker Hughes Co. Add +172.6% 0.75% +0.51
XOM Exxon Mobil Corp. New 0.49% +0.49
RRX Regal Rexnord Corp. New 0.43% +0.43
MPC Marathon Petroleum Corp. Add +333.9% 0.50% +0.41
FPS Forgent Power Solutions Class A New 0.40% +0.40
DUK Duke Energy Corp. Add +63.9% 1.06% +0.37
TPL Texas Pacific Land Corp. Add +57.9% 0.68% +0.37
ATO Atmos Energy Corp. Add +29.7% 2.21% +0.37
GMTL Guardian Metal Resources New 0.36% +0.36
ECG Everus Construction Group New 0.35% +0.35
VG Venture Global Inc. Class A Add +156.5% 0.43% +0.34
EC Ecopetrol SA-Sponsored ADR New 0.33% +0.33
CW Curtiss-Wright Corp. Add +659.0% 0.38% +0.33
TT Trane Technologies PLC New 0.31% +0.31
SHEL Shell PLC-ADR Add +28.0% 0.96% +0.25
MDU Mdu Resources Group Inc. New 0.24% +0.24
ROK Rockwell Automation Inc. New 0.24% +0.24
AMLP Alerian MLP ETF New 0.24% +0.24
NEE Nextera Energy Inc. Add +35.6% 0.93% +0.22
PUMP Propetro Holding Corp. Add +68.6% 0.36% +0.19
FANG Diamondback Energy Inc. Add +61.1% 0.42% +0.19
PAGP Plains GP Holdings LP New 0.18% +0.18
AROC Archrock Inc. Add +288.5% 0.23% +0.17
BP BP PLC-Spons ADR Add +131.2% 0.25% +0.16
CVE Cenovus Energy Inc. Add +99.3% 0.25% +0.16

Options Activity Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US put New 25,000 $16.3M

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

Notes & Other Activity Q4 2025 → Q1 2026
HVIIR Hennessy Capital Investment RIGHT 01/17/2030 Sold out 271,818 $76Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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