Chickasaw Capital Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 10, 2025), Chickasaw Capital Management LLC reported 95 stock positions worth $2.5 billion. Its top holding was Targa Resources (TRGP) at 12.7% of the portfolio, followed by Energy Transfer (ET, 11.6%) and MPLX (MPLX, 11.2%). Compared with Q1 2025, it opened 6 new positions, sold out of 5, added to 36 and reduced 32. The biggest buy was Energy Transfer (ET, shares +3%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
MEMPHIS, TN
CIK
0001276460
Portfolio Value
$2.5B (Q2 2025)
SEC Filing
0001276460-25-000006 ↗ filed Jul 10, 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 Q1 2025 Q2 2025: $2.5B $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 95 stocks · $2.5B
TRGP Targa Resources Corp. 12.66% 1,831,228 $318.8M Add +3.3%
ET Energy Transfer LP 11.63% 16,158,771 $293.0M Add +3.2%
MPLX MPLX LP 11.23% 5,491,608 $282.9M Add +0.1%
WES Western Midstream Partners L 10.44% 6,794,472 $262.9M Add +1.1%
WMB Williams Cos Inc. 8.24% 3,303,234 $207.5M Reduce -1.1%
LNG Cheniere Energy Inc. 7.31% 755,778 $184.0M Reduce -1.1%
OKE Oneok Inc. 6.90% 2,130,173 $173.9M Add +2.7%
EPD Enterprise Products Partners 6.79% 5,515,066 $171.0M Add +1.5%
PAGP Plains GP Holdings LP 6.43% 8,338,521 $162.0M Add +2.0%
GEL Genesis Energy L.P. 2.43% 3,551,414 $61.2M Reduce -4.8%
PAA Plains All Amer Pipeline LP 1.86% 2,557,762 $46.9M Add +8.7%
DTM DT Midstream Inc. 1.37% 313,368 $34.4M Add +0.8%
AM Antero Midstream Corp. 1.28% 1,707,690 $32.4M Add +0.0%
KNTK Kinetik Holdings Inc. 1.17% 670,344 $29.5M Add +7.7%
AAPL Apple Inc. 1.05% 129,318 $26.5M Reduce -0.6%
KMI Kinder Morgan Inc. 0.95% 814,138 $23.9M Add +1.4%
PSX Phillips 66 0.72% 152,444 $18.2M Add +2.4%
MSFT Microsoft Corp. 0.55% 27,726 $13.8M Reduce -0.4%
KKR KKR & Co. Inc. 0.53% 100,301 $13.3M Reduce -0.9%
IMLPX Maingate MLP Fund-I 0.49% 1,210,385 $12.5M Add +0.8%
NVDA Nvidia Corp. 0.40% 64,267 $10.2M Add +6.1%
V Visa Inc. Class A 0.39% 27,839 $9.9M Reduce -1.5%
WMT Walmart Inc. 0.35% 91,395 $8.9M Add +0.2%
ENB Enbridge Inc. 0.31% 172,353 $7.8M Add +1.4%
SUN Sunoco LP 0.31% 144,429 $7.7M Add +4.7%
AZO AutoZone Inc. 0.29% 1,946 $7.2M Reduce -0.1%
AMZN Amazon.com Inc. 0.27% 31,014 $6.8M Add +4.0%
MA Mastercard Inc. Class A 0.27% 12,030 $6.8M Reduce -1.1%
OAKC Oakworth Capital Inc. 0.25% 197,699 $6.2M No change
META Meta Platforms Inc. Class A 0.21% 7,085 $5.2M Add +12.1%
ORCL Oracle Corp. 0.20% 23,255 $5.1M Add +13.4%
HESM Hess Midstream LP Class A 0.18% 118,663 $4.6M Add +36.4%
GOOGL Alphabet Inc. Class A 0.17% 24,938 $4.4M Add +6.2%
BATRA Atlanta Braves Holdings in-A 0.12% 62,744 $3.1M Reduce -3.0%
GOOG Alphabet Inc. Class C 0.12% 17,045 $3.0M Reduce -0.3%
KO The Coca-Cola Co. 0.11% 40,747 $2.9M Reduce -5.2%
UNH Unitedhealth Group Inc. 0.11% 9,133 $2.8M Add +358.3%
JNJ Johnson & Johnson 0.11% 17,832 $2.7M Reduce -0.0%
PM Philip Morris International 0.10% 14,175 $2.6M No change
BX Blackstone Inc. 0.10% 16,194 $2.4M Add +11.4%
GE General Electric filed as GE AEROSPACE 0.09% 9,140 $2.4M Reduce -5.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 3,693 $2.3M Add +31.1%
CRM Salesforce Inc. 0.09% 7,900 $2.2M Reduce -1.0%
HWC Hancock Whitney Corp. 0.08% 33,020 $1.9M Reduce -2.4%
HCA HCA Healthcare Inc. 0.07% 4,653 $1.8M Add +2.6%
SBUX Starbucks Corp. 0.07% 19,055 $1.7M Add +3.3%
XOM Exxon Mobil Corp. 0.06% 14,929 $1.6M Reduce -5.7%
PG The Procter & Gamble Co. 0.06% 9,663 $1.5M Reduce -0.5%
GEV GE Vernova Inc. 0.05% 2,423 $1.3M Reduce -1.0%
SHW The Sherwin-Williams Co. 0.04% 3,297 $1.1M Add +3.7%
CVX Chevron Corp. 0.04% 7,515 $1.1M Add +3.2%
LULU Lululemon Athletica Inc. 0.04% 4,152 $986K Add +1.0%
PBA Pembina Pipeline Corp. 0.04% 24,000 $900K Add +200.0%
CQP Cheniere Energy Partners LP 0.03% 14,894 $835K New
ONON On Holding AG Class A filed as ON HLDG AG 0.03% 15,360 $799K New
OBK Origin Bancorp Inc. 0.03% 21,625 $773K No change
COST Costco Wholesale Corp. 0.03% 775 $767K Reduce -1.9%
CL Colgate-Palmolive Co. 0.03% 8,328 $757K Reduce -2.1%
D Dominion Energy Inc. 0.03% 12,544 $709K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.03% 44,900 $690K Add +2.6%
INTC Intel Corp. 0.03% 30,805 $690K Reduce -2.2%
TGT Target Corp. 0.03% 6,935 $684K Reduce -8.3%
SSNLF Samsung Electronics Co. Ltd. 0.03% 15,000 $665K No change
PEP Pepsico Inc. 0.02% 4,575 $604K No change
MTG Mgic Investment Corp. 0.02% 21,500 $599K No change
CAT Caterpillar Inc. 0.02% 1,500 $582K No change
CRK Comstock Resources Inc. 0.02% 21,000 $581K No change
BA The Boeing Co. 0.02% 2,437 $511K Add +0.9%
TRP TC Energy Corp. 0.02% 10,403 $508K New
JPM JPMorgan Chase & Co. 0.02% 1,571 $455K Reduce -13.3%
NSRGF Nestle SA-Reg 0.02% 4,250 $417K No change
DINO HF Sinclair Corp. 0.02% 10,000 $411K New
EQT Eqt Corp. 0.02% 7,000 $408K No change
COIN Coinbase Global Inc. Class A 0.02% 1,125 $394K New
HD Home Depot Inc. 0.02% 1,061 $389K Add +13.7%
MPC Marathon Petroleum Corp. 0.02% 2,315 $385K Reduce -30.2%
AR Antero Resources Corp. 0.02% 9,540 $384K No change
APO Apollo Global Management Inc. 0.01% 2,543 $361K Add +13.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 7,500 $355K No change
VFIAX Vanguard 500 Index-Adm 0.01% 570 $326K Reduce -36.7%
CADE Cadence Bank 0.01% 10,000 $320K Reduce -23.4%
NKE Nike Inc. Class B 0.01% 4,490 $319K Reduce -71.4%
SLM SLM Corp. 0.01% 9,500 $312K No change
RKLIF Rentokil Initial PLC 0.01% 64,350 $310K No change
EXE Expand Energy Corp. 0.01% 2,534 $296K No change
MAA Mid-America Apartment Comm 0.01% 2,000 $296K No change
CTVA Corteva Inc. 0.01% 3,532 $263K Reduce -7.8%
FHN First Horizon Corp. 0.01% 12,319 $261K No change
DD Dupont DE Nemours Inc. 0.01% 3,683 $253K Reduce -5.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 850 $251K No change
FISV Fiserv Inc. 0.01% 1,414 $244K No change
SO The Southern Co. 0.01% 2,600 $239K Reduce -2.0%
LACAX Columbia Acorn Fund Class A 0.01% 27,155 $223K No change
MED Medifast Inc. 0.01% 14,740 $207K Reduce -7.5%
AXP American Express Co. 0.01% 640 $204K New

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -0.6% 1.05% −0.06
BF.B Brown-Forman Corp. Class B Sold out 0.00% −0.04
NKE Nike Inc. Class B Reduce -71.4% 0.01% −0.03
MRK Merck & Co. Inc. Sold out 0.00% −0.01
XOM Exxon Mobil Corp. Reduce -5.7% 0.06% −0.01
DOW Dow Inc. Sold out 0.00% −0.01
GEHC GE Healthcare Technology Sold out 0.00% −0.01
JNJ Johnson & Johnson Reduce -0.0% 0.11% −0.01
VFIAX Vanguard 500 Index-Adm Reduce -36.7% 0.01% −0.01
KO The Coca-Cola Co. Reduce -5.2% 0.11% −0.00
MPC Marathon Petroleum Corp. Reduce -30.2% 0.02% −0.00
TGT Target Corp. Reduce -8.3% 0.03% −0.00
CADE Cadence Bank Reduce -23.4% 0.01% −0.00
PG The Procter & Gamble Co. Reduce -0.5% 0.06% −0.00
DD Dupont DE Nemours Inc. Reduce -5.9% 0.01% −0.00
CL Colgate-Palmolive Co. Reduce -2.1% 0.03% −0.00
INTC Intel Corp. Reduce -2.2% 0.03% −0.00
STEM Stem Inc. Sold out 0.00% −0.00
MED Medifast Inc. Reduce -7.5% 0.01% −0.00
SO The Southern Co. Reduce -2.0% 0.01% +0.00
AZO AutoZone Inc. Reduce -0.1% 0.29% +0.00
JPM JPMorgan Chase & Co. Reduce -13.3% 0.02% +0.00
CTVA Corteva Inc. Reduce -7.8% 0.01% +0.00
COST Costco Wholesale Corp. Reduce -1.9% 0.03% +0.00
CRM Salesforce Inc. Reduce -1.0% 0.09% +0.00
HWC Hancock Whitney Corp. Reduce -2.4% 0.08% +0.01
V Visa Inc. Class A Reduce -1.5% 0.39% +0.01
MA Mastercard Inc. Class A Reduce -1.1% 0.27% +0.01
BATRA Atlanta Braves Holdings in-A Reduce -3.0% 0.12% +0.01
GOOG Alphabet Inc. Class C Reduce -0.3% 0.12% +0.02
GE General Electric Reduce -5.6% 0.09% +0.02
GEV GE Vernova Inc. Reduce -1.0% 0.05% +0.02
KKR KKR & Co. Inc. Reduce -0.9% 0.53% +0.08
MSFT Microsoft Corp. Reduce -0.4% 0.55% +0.14
GEL Genesis Energy L.P. Reduce -4.8% 2.43% +0.18
LNG Cheniere Energy Inc. Reduce -1.1% 7.31% +0.50
WMB Williams Cos Inc. Reduce -1.1% 8.24% +0.55

Portfolio Buys Q1 2025 → Q2 2025
ET Energy Transfer LP Add +3.2% 11.63% +0.42
DTM DT Midstream Inc. Add +0.8% 1.37% +0.21
NVDA Nvidia Corp. Add +6.1% 0.40% +0.15
AM Antero Midstream Corp. Add +0.0% 1.28% +0.10
ORCL Oracle Corp. Add +13.4% 0.20% +0.09
UNH Unitedhealth Group Inc. Add +358.3% 0.11% +0.07
KMI Kinder Morgan Inc. Add +1.4% 0.95% +0.07
META Meta Platforms Inc. Class A Add +12.1% 0.21% +0.07
AMZN Amazon.com Inc. Add +4.0% 0.27% +0.05
PAA Plains All Amer Pipeline LP Add +8.7% 1.86% +0.05
WMT Walmart Inc. Add +0.2% 0.35% +0.05
HESM Hess Midstream LP Class A Add +36.4% 0.18% +0.04
GOOGL Alphabet Inc. Class A Add +6.2% 0.17% +0.03
CQP Cheniere Energy Partners LP New 0.03% +0.03
ONON On Holding AG Class A New 0.03% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +31.1% 0.09% +0.03
PBA Pembina Pipeline Corp. Add +200.0% 0.04% +0.02
TRP TC Energy Corp. New 0.02% +0.02
ENB Enbridge Inc. Add +1.4% 0.31% +0.02
BX Blackstone Inc. Add +11.4% 0.10% +0.02
DINO HF Sinclair Corp. New 0.02% +0.02
COIN Coinbase Global Inc. Class A New 0.02% +0.02
PSX Phillips 66 Add +2.4% 0.72% +0.01
HCA HCA Healthcare Inc. Add +2.6% 0.07% +0.01
AXP American Express Co. New 0.01% +0.01
BBVA Banco Bilbao Vizcaya-SP ADR Add +2.6% 0.03% +0.00
BA The Boeing Co. Add +0.9% 0.02% +0.00
APO Apollo Global Management Inc. Add +13.4% 0.01% +0.00
HD Home Depot Inc. Add +13.7% 0.02% +0.00
SHW The Sherwin-Williams Co. Add +3.7% 0.04% +0.00
SBUX Starbucks Corp. Add +3.3% 0.07% −0.00
SUN Sunoco LP Add +4.7% 0.31% −0.00
IMLPX Maingate MLP Fund-I Add +0.8% 0.49% −0.00
CVX Chevron Corp. Add +3.2% 0.04% −0.00
LULU Lululemon Athletica Inc. Add +1.0% 0.04% −0.01
KNTK Kinetik Holdings Inc. Add +7.7% 1.17% −0.07
MPLX MPLX LP Add +0.1% 11.23% −0.08
WES Western Midstream Partners L Add +1.1% 10.44% −0.17
PAGP Plains GP Holdings LP Add +2.0% 6.43% −0.29
EPD Enterprise Products Partners Add +1.5% 6.79% −0.36
OKE Oneok Inc. Add +2.7% 6.90% −1.03
TRGP Targa Resources Corp. Add +3.3% 12.66% −1.04

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