Chickasaw Capital Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Chickasaw Capital Management LLC reported 94 stock positions worth $2.6 billion. Its top holding was Targa Resources (TRGP) at 13.7% of the portfolio, followed by MPLX (MPLX, 11.3%) and Energy Transfer (ET, 11.2%). Compared with Q4 2024, it opened 2 new positions, sold out of 4, added to 16 and reduced 50. The biggest buy was Williams Cos (WMB, shares +64%) and the biggest sale an exit from Enlink Midstream (ENLC).

Most Recent 13F
Q2 2026
Location
MEMPHIS, TN
CIK
0001276460
Portfolio Value
$2.6B (Q1 2025)
SEC Filing
0001276460-25-000005 ↗ filed Apr 9, 2025

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $2.1B Q1 2024 Q2 2024: $2.3B Q2 2024 Q3 2024: $2.3B Q3 2024 Q4 2024: $2.5B Q4 2024 Q1 2025: $2.6B $2.6B Q1 2025 Q2 2025: $2.5B Q2 2025 Q3 2025: $2.4B Q3 2025 Q4 2025: $2.4B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 94 stocks · $2.6B
TRGP Targa Resources Corp. 13.70% 1,773,342 $355.5M Reduce -1.4%
MPLX MPLX LP 11.31% 5,485,917 $293.6M Reduce -1.4%
ET Energy Transfer LP 11.21% 15,656,531 $291.1M Reduce -0.5%
WES Western Midstream Partners L 10.61% 6,722,013 $275.3M Reduce -0.5%
OKE Oneok Inc. 7.93% 2,074,794 $205.9M Add +4.1%
WMB Williams Cos Inc. 7.69% 3,338,387 $199.5M Add +63.9%
EPD Enterprise Products Partners 7.15% 5,433,931 $185.5M Reduce -0.5%
LNG Cheniere Energy Inc. 6.81% 763,949 $176.8M Add +42.7%
PAGP Plains GP Holdings LP 6.73% 8,171,460 $174.5M Reduce -0.6%
GEL Genesis Energy L.P. 2.25% 3,728,332 $58.5M Reduce -2.8%
PAA Plains All Amer Pipeline LP 1.81% 2,353,393 $47.1M Reduce -1.6%
KNTK Kinetik Holdings Inc. 1.25% 622,388 $32.3M Add +0.8%
AM Antero Midstream Corp. 1.18% 1,707,512 $30.7M Reduce -4.4%
DTM DT Midstream Inc. 1.16% 310,893 $30.0M Reduce -2.0%
AAPL Apple Inc. 1.11% 130,047 $28.9M Reduce -0.3%
KMI Kinder Morgan Inc. 0.88% 803,140 $22.9M Reduce -5.9%
PSX Phillips 66 0.71% 148,809 $18.4M Add +5.1%
IMLPX Maingate MLP Fund-I 0.50% 1,200,288 $12.9M Add +0.7%
KKR KKR & Co. Inc. 0.45% 101,206 $11.7M Reduce -0.4%
MSFT Microsoft Corp. 0.40% 27,833 $10.4M Reduce -0.2%
V Visa Inc. Class A 0.38% 28,254 $9.9M Reduce -0.8%
SUN Sunoco LP 0.31% 138,000 $8.0M Add +79.2%
WMT Walmart Inc. 0.31% 91,251 $8.0M Reduce -0.1%
ENB Enbridge Inc. 0.29% 169,884 $7.5M Add +1.7%
AZO AutoZone Inc. 0.29% 1,948 $7.4M Add +0.1%
MA Mastercard Inc. Class A 0.26% 12,167 $6.7M Reduce -0.9%
NVDA Nvidia Corp. 0.25% 60,553 $6.6M Add +0.1%
OAKC Oakworth Capital Inc. 0.24% 197,699 $6.3M No change
AMZN Amazon.com Inc. 0.22% 29,829 $5.7M Reduce -0.5%
HESM Hess Midstream LP Class A 0.14% 87,000 $3.7M Add +866.7%
META Meta Platforms Inc. Class A 0.14% 6,318 $3.6M Add +0.7%
GOOGL Alphabet Inc. Class A 0.14% 23,488 $3.6M Reduce -0.3%
KO The Coca-Cola Co. 0.12% 42,977 $3.1M Reduce -0.1%
JNJ Johnson & Johnson 0.11% 17,837 $3.0M Reduce -0.3%
ORCL Oracle Corp. 0.11% 20,510 $2.9M Reduce -0.2%
BATRA Atlanta Braves Holdings in-A 0.11% 64,703 $2.8M Reduce -0.1%
GOOG Alphabet Inc. Class C 0.10% 17,090 $2.7M Reduce -0.1%
PM Philip Morris International 0.09% 14,175 $2.3M No change
CRM Salesforce Inc. 0.08% 7,980 $2.1M Reduce -2.3%
BX Blackstone Inc. 0.08% 14,541 $2.0M Add +0.6%
GE General Electric filed as GE AEROSPACE 0.07% 9,682 $1.9M Reduce -1.8%
XOM Exxon Mobil Corp. 0.07% 15,829 $1.9M Reduce -0.3%
SBUX Starbucks Corp. 0.07% 18,440 $1.8M Reduce -0.3%
HWC Hancock Whitney Corp. 0.07% 33,813 $1.8M Reduce -0.0%
PG The Procter & Gamble Co. 0.06% 9,708 $1.7M Reduce -1.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 2,817 $1.6M Reduce -13.7%
HCA HCA Healthcare Inc. 0.06% 4,536 $1.6M Add +6.3%
CVX Chevron Corp. 0.05% 7,283 $1.2M Reduce -0.3%
LULU Lululemon Athletica Inc. 0.04% 4,112 $1.2M Reduce -0.7%
SHW The Sherwin-Williams Co. 0.04% 3,179 $1.1M Add +5.6%
UNH Unitedhealth Group Inc. 0.04% 1,993 $1.0M Add +2.6%
NKE Nike Inc. Class B 0.04% 15,704 $997K Reduce -0.4%
BF.B Brown-Forman Corp. Class B 0.04% 29,300 $994K Reduce -10.3%
CL Colgate-Palmolive Co. 0.03% 8,503 $797K Reduce -0.9%
TGT Target Corp. 0.03% 7,559 $789K Reduce -2.5%
OBK Origin Bancorp Inc. 0.03% 21,625 $750K New
COST Costco Wholesale Corp. 0.03% 790 $747K No change
GEV GE Vernova Inc. 0.03% 2,448 $747K Reduce -1.8%
INTC Intel Corp. 0.03% 31,505 $715K Reduce -4.0%
D Dominion Energy Inc. 0.03% 12,544 $703K No change
PEP Pepsico Inc. 0.03% 4,575 $686K Reduce -1.3%
BBVA Banco Bilbao Vizcaya-SP ADR 0.02% 43,769 $596K No change
SSNLF Samsung Electronics Co. Ltd. 0.02% 15,000 $589K No change
MTG Mgic Investment Corp. 0.02% 21,500 $533K No change
CAT Caterpillar Inc. 0.02% 1,500 $495K No change
MPC Marathon Petroleum Corp. 0.02% 3,315 $483K No change
VFIAX Vanguard 500 Index-Adm 0.02% 900 $466K Reduce -9.1%
JPM JPMorgan Chase & Co. 0.02% 1,811 $444K Reduce -0.8%
NSRGF Nestle SA-Reg 0.02% 4,250 $428K No change
CRK Comstock Resources Inc. 0.02% 21,000 $427K No change
BA The Boeing Co. 0.02% 2,415 $412K Reduce -1.6%
CADE Cadence Bank 0.02% 13,057 $396K No change
AR Antero Resources Corp. 0.01% 9,540 $386K No change
EQT Eqt Corp. 0.01% 7,000 $374K No change
HD Home Depot Inc. 0.01% 933 $342K Reduce -1.1%
MAA Mid-America Apartment Comm 0.01% 2,000 $335K No change
PBA Pembina Pipeline Corp. 0.01% 8,000 $320K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 7,500 $313K No change
FISV Fiserv Inc. 0.01% 1,414 $312K No change
APO Apollo Global Management Inc. 0.01% 2,243 $307K Reduce -3.6%
DD Dupont DE Nemours Inc. 0.01% 3,913 $292K Reduce -0.5%
RKLIF Rentokil Initial PLC 0.01% 64,350 $289K No change
EXE Expand Energy Corp. 0.01% 2,534 $282K No change
SLM SLM Corp. 0.01% 9,500 $279K No change
MRK Merck & Co. Inc. 0.01% 2,757 $247K No change
SO The Southern Co. 0.01% 2,652 $244K No change
CTVA Corteva Inc. 0.01% 3,832 $241K Reduce -0.5%
FHN First Horizon Corp. 0.01% 12,319 $239K Reduce -0.2%
DOW Dow Inc. 0.01% 6,199 $216K Reduce -3.4%
MED Medifast Inc. 0.01% 15,940 $215K Reduce -4.1%
GEHC GE Healthcare Technology 0.01% 2,649 $214K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 850 $211K New
LACAX Columbia Acorn Fund Class A 0.01% 27,155 $200K No change
STEM Stem Inc. 0.00% 10,000 $4K No change

Portfolio Sells Q4 2024 → Q1 2025
ENLC Enlink Midstream LLC Sold out 0.00% −6.40
ET Energy Transfer LP Reduce -0.5% 11.21% −1.25
AAPL Apple Inc. Reduce -0.3% 1.11% −0.21
KKR KKR & Co. Inc. Reduce -0.4% 0.45% −0.16
DTM DT Midstream Inc. Reduce -2.0% 1.16% −0.12
MSFT Microsoft Corp. Reduce -0.2% 0.40% −0.07
KMI Kinder Morgan Inc. Reduce -5.9% 0.88% −0.06
AMZN Amazon.com Inc. Reduce -0.5% 0.22% −0.05
GOOGL Alphabet Inc. Class A Reduce -0.3% 0.14% −0.04
GOOG Alphabet Inc. Class C Reduce -0.1% 0.10% −0.03
ORCL Oracle Corp. Reduce -0.2% 0.11% −0.03
CRM Salesforce Inc. Reduce -2.3% 0.08% −0.03
WMT Walmart Inc. Reduce -0.1% 0.31% −0.03
LULU Lululemon Athletica Inc. Reduce -0.7% 0.04% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -13.7% 0.06% −0.02
VOO Vanguard S&P 500 ETF Sold out 0.00% −0.02
TGT Target Corp. Reduce -2.5% 0.03% −0.01
BF.B Brown-Forman Corp. Class B Reduce -10.3% 0.04% −0.01
COIN Coinbase Global Inc. Class A Sold out 0.00% −0.01
AMLP Alerian MLP ETF Sold out 0.00% −0.01
NKE Nike Inc. Class B Reduce -0.4% 0.04% −0.01
HWC Hancock Whitney Corp. Reduce -0.0% 0.07% −0.01
MA Mastercard Inc. Class A Reduce -0.9% 0.26% −0.00
GEV GE Vernova Inc. Reduce -1.8% 0.03% −0.00
VFIAX Vanguard 500 Index-Adm Reduce -9.1% 0.02% −0.00
APO Apollo Global Management Inc. Reduce -3.6% 0.01% −0.00
MED Medifast Inc. Reduce -4.1% 0.01% −0.00
PG The Procter & Gamble Co. Reduce -1.2% 0.06% −0.00
DOW Dow Inc. Reduce -3.4% 0.01% −0.00
PEP Pepsico Inc. Reduce -1.3% 0.03% −0.00
BA The Boeing Co. Reduce -1.6% 0.02% −0.00
HD Home Depot Inc. Reduce -1.1% 0.01% −0.00
DD Dupont DE Nemours Inc. Reduce -0.5% 0.01% −0.00
FHN First Horizon Corp. Reduce -0.2% 0.01% −0.00
CL Colgate-Palmolive Co. Reduce -0.9% 0.03% −0.00
JPM JPMorgan Chase & Co. Reduce -0.8% 0.02% −0.00
CTVA Corteva Inc. Reduce -0.5% 0.01% +0.00
INTC Intel Corp. Reduce -4.0% 0.03% +0.00
SBUX Starbucks Corp. Reduce -0.3% 0.07% +0.00
BATRA Atlanta Braves Holdings in-A Reduce -0.1% 0.11% +0.00
XOM Exxon Mobil Corp. Reduce -0.3% 0.07% +0.00
CVX Chevron Corp. Reduce -0.3% 0.05% +0.00
GE General Electric Reduce -1.8% 0.07% +0.01
JNJ Johnson & Johnson Reduce -0.3% 0.11% +0.01
KO The Coca-Cola Co. Reduce -0.1% 0.12% +0.01
V Visa Inc. Class A Reduce -0.8% 0.38% +0.02
AM Antero Midstream Corp. Reduce -4.4% 1.18% +0.09
WES Western Midstream Partners L Reduce -0.5% 10.61% +0.11
PAA Plains All Amer Pipeline LP Reduce -1.6% 1.81% +0.16
EPD Enterprise Products Partners Reduce -0.5% 7.15% +0.22

Portfolio Buys Q4 2024 → Q1 2025
WMB Williams Cos Inc. Add +63.9% 7.69% +3.23
LNG Cheniere Energy Inc. Add +42.7% 6.81% +2.16
SUN Sunoco LP Add +79.2% 0.31% +0.15
HESM Hess Midstream LP Class A Add +866.7% 0.14% +0.13
PSX Phillips 66 Add +5.1% 0.71% +0.06
AZO AutoZone Inc. Add +0.1% 0.29% +0.03
OBK Origin Bancorp Inc. New 0.03% +0.03
HCA HCA Healthcare Inc. Add +6.3% 0.06% +0.01
IBM Intl Business Machines Corp. New 0.01% +0.01
IMLPX Maingate MLP Fund-I Add +0.7% 0.50% +0.01
ENB Enbridge Inc. Add +1.7% 0.29% +0.00
SHW The Sherwin-Williams Co. Add +5.6% 0.04% +0.00
UNH Unitedhealth Group Inc. Add +2.6% 0.04% +0.00
META Meta Platforms Inc. Class A Add +0.7% 0.14% −0.01
BX Blackstone Inc. Add +0.6% 0.08% −0.02
NVDA Nvidia Corp. Add +0.1% 0.25% −0.08
OKE Oneok Inc. Add +4.1% 7.93% −0.16
KNTK Kinetik Holdings Inc. Add +0.8% 1.25% −0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$2.8BTRGP, ET, MPLX, WES, WMB
Q1 2026 95$2.8BTRGP, ET, MPLX, WES, WMB
Q4 2025 93$2.4BTRGP, MPLX, ET, WES, OKE
Q3 2025 93$2.4BTRGP, MPLX, ET, WES, WMB
Q2 2025 95$2.5BTRGP, ET, MPLX, WES, WMB
Q1 2025 94$2.6BTRGP, MPLX, ET, WES, OKE
Q4 2024 96$2.5BTRGP, ET, MPLX, WES, OKE
Q3 2024 100$2.3BTRGP, WES, MPLX, ET, ENLC
Q2 2024 98$2.3BTRGP, WES, ET, MPLX, ENLC
Q1 2024 96$2.1BTRGP, WES, ET, MPLX, ENLC