Energy Income Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Energy Income Partners, LLC reported 93 stock positions worth $4.9 billion. Its top holding was Enterprise Products Partners (EPD) at 9.0% of the portfolio, followed by Energy Transfer (ET, 8.3%) and MPLX (MPLX, 5.6%). Compared with Q3 2024, it opened 8 new positions, sold out of 3, added to 44 and reduced 41. The biggest buy was Energy Transfer (ET, shares +3%) and the biggest sale DT Midstream (DTM, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- Westport, CT
- CIK
- 0001388814
- Portfolio Value
- $4.9B (Q4 2024)
- SEC Filing
- 0001104659-25-013957 ↗ filed Feb 14, 2025
Holdings Value
Holdings 93 stocks · $4.9B
| EPD Enterprise Products Partners | 9.05% | 14,054,213 | $440.7M | Reduce -2.9% |
| ET Energy Transfer LP | 8.31% | 20,648,665 | $404.5M | Add +2.6% |
| MPLX MPLX LP | 5.57% | 5,667,207 | $271.2M | Add +22.6% |
| OKE Oneok Inc. | 4.11% | 1,993,240 | $200.1M | Reduce -29.6% |
| SRE Sempra | 3.84% | 2,129,610 | $186.8M | Add +4.0% |
| PAGP Plains GP Holdings LP | 3.76% | 9,973,447 | $183.3M | Add +0.8% |
| KMI Kinder Morgan Inc. | 3.65% | 6,484,605 | $177.7M | Reduce -34.3% |
| NFG National Fuel Gas Co. | 2.98% | 2,388,831 | $145.0M | Add +8.8% |
| WMB Williams Cos Inc. | 2.26% | 2,037,469 | $110.3M | Reduce -7.2% |
| AEP American Electric Power | 2.21% | 1,164,319 | $107.4M | Add +6.7% |
| PPL PPL Corp. | 2.10% | 3,151,214 | $102.3M | Add +0.8% |
| PWR Quanta Services Inc. | 1.93% | 297,101 | $93.9M | Reduce -4.5% |
| SUN Sunoco LP | 1.86% | 1,764,361 | $90.8M | Add +67.0% |
| LNG Cheniere Energy Inc. | 1.83% | 415,907 | $89.4M | Reduce -1.5% |
| SO The Southern Co. | 1.80% | 1,066,197 | $87.8M | Add +214.1% |
| ETR Entergy Corp. | 1.74% | 1,117,493 | $84.7M | Add +23.8% |
| DTE DTE Energy Company | 1.71% | 690,479 | $83.4M | Add +63.4% |
| TRGP Targa Resources Corp. | 1.65% | 449,599 | $80.3M | Reduce -54.2% |
| CNP Centerpoint Energy Inc. | 1.60% | 2,453,383 | $77.8M | Add +116.6% |
| ENB Enbridge Inc. | 1.59% | 1,821,246 | $77.3M | Reduce -11.1% |
| DTM DT Midstream Inc. | 1.56% | 764,627 | $76.0M | Reduce -67.3% |
| CQP Cheniere Energy Partners LP | 1.48% | 1,357,283 | $72.1M | Reduce -8.2% |
| PEG Public Service Enterprise GP | 1.44% | 830,714 | $70.2M | Reduce -39.8% |
| XEL Xcel Energy Inc. | 1.41% | 1,015,782 | $68.6M | Add +28.0% |
| XOM Exxon Mobil Corp. | 1.40% | 635,064 | $68.3M | Add +34.0% |
| TRP TC Energy Corp. | 1.39% | 1,450,361 | $67.5M | Reduce -0.9% |
| ATO Atmos Energy Corp. | 1.34% | 467,482 | $65.1M | Reduce -10.5% |
| D Dominion Energy Inc. | 1.30% | 1,179,449 | $63.5M | Add +184.2% |
| SHEL Shell PLC-ADR | 1.22% | 948,060 | $59.4M | Reduce -4.0% |
| CWEN.A Clearway Energy Inc. Class A | 1.18% | 2,352,027 | $57.5M | Add +55.7% |
| VST Vistra Corp. | 1.17% | 414,224 | $57.1M | Reduce -4.0% |
| TTE Totalenergies SE -Spon ADR | 1.11% | 991,427 | $54.0M | Reduce -13.4% |
| EVRG Evergy Inc. | 0.97% | 768,541 | $47.3M | Reduce -15.2% |
| OGS One Gas Inc. | 0.91% | 637,922 | $44.2M | Reduce -1.9% |
| LNT Alliant Energy Corp. | 0.90% | 739,308 | $43.7M | Reduce -32.7% |
| NEE Nextera Energy Inc. | 0.89% | 603,860 | $43.3M | Add +146.9% |
| GNRC Generac Holdings Inc. | 0.89% | 279,155 | $43.3M | Add +1969.8% |
| FLR Fluor Corp. | 0.88% | 871,517 | $43.0M | Add +0.9% |
| WEC WEC Energy Group Inc. | 0.88% | 456,815 | $43.0M | Reduce -18.3% |
| UGI Ugi Corp. | 0.87% | 1,506,921 | $42.5M | Add +584.3% |
| WLKP Westlake Chemical Partners L | 0.84% | 1,770,514 | $41.0M | Reduce -2.5% |
| CMS CMS Energy Corp. | 0.84% | 611,731 | $40.8M | Reduce -16.4% |
| HESM Hess Midstream LP Class A | 0.81% | 1,070,777 | $39.7M | Add +0.8% |
| AROC Archrock Inc. | 0.81% | 1,584,614 | $39.4M | Reduce -5.4% |
| PCG P G & E Corp. | 0.80% | 1,921,124 | $38.8M | New |
| XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP | 0.77% | 2,117,421 | $37.7M | Add +36.1% |
| DUK Duke Energy Corp. | 0.74% | 336,035 | $36.2M | Add +2.3% |
| WTRG Essential Utilities Inc. | 0.52% | 695,863 | $25.3M | Reduce -6.9% |
| IDA Idacorp Inc. | 0.47% | 208,066 | $22.7M | Add +0.3% |
| PAA Plains All Amer Pipeline LP | 0.45% | 1,294,360 | $22.1M | Reduce -14.1% |
| EQT Eqt Corp. | 0.41% | 434,679 | $20.0M | Add +1.8% |
| AEE Ameren Corporation | 0.37% | 202,628 | $18.1M | Add +11.4% |
| AES AES Corp. | 0.34% | 1,271,192 | $16.4M | Reduce -54.6% |
| BP BP PLC-Spons ADR | 0.30% | 499,848 | $14.8M | Reduce -56.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.30% | 380,883 | $14.6M | Reduce -24.5% |
| NJR New Jersey Resources Corp. | 0.30% | 311,883 | $14.5M | Add +1.2% |
| FE Firstenergy Corp. | 0.29% | 351,266 | $14.0M | New |
| GPOR Gulfport Energy Corp. | 0.28% | 75,151 | $13.8M | New |
| SOBO South Bow Corp. | 0.28% | 584,547 | $13.8M | Add +99.6% |
| NI Nisource Inc. | 0.26% | 340,490 | $12.5M | New |
| TXO Txo Partners LP | 0.25% | 720,740 | $12.1M | Add +10.6% |
| CEG Constellation Energy | 0.25% | 54,028 | $12.1M | Add +12.6% |
| EOG EOG Resources Inc. | 0.25% | 98,182 | $12.0M | Add +0.5% |
| HAL Halliburton Co. | 0.24% | 431,853 | $11.7M | Reduce -21.5% |
| USAC USA Compression Partners LP | 0.18% | 375,828 | $8.9M | Reduce -0.4% |
| CPK Chesapeake Utilities Corp. | 0.18% | 71,922 | $8.7M | Add +0.5% |
| FTI Technipfmc PLC | 0.14% | 238,054 | $6.9M | Add +12.1% |
| ALE Allete Inc. | 0.14% | 105,874 | $6.9M | New |
| FANG Diamondback Energy Inc. | 0.13% | 38,225 | $6.3M | Add +33.3% |
| NOV Nov Inc. | 0.12% | 401,307 | $5.9M | Reduce -14.3% |
| HP Helmerich & Payne | 0.11% | 173,156 | $5.5M | Reduce -8.0% |
| EXE Expand Energy Corp. | 0.11% | 52,150 | $5.2M | New |
| RRC Range Resources Corp. | 0.11% | 144,165 | $5.2M | Add +0.5% |
| CTRA Coterra Energy Inc. | 0.10% | 197,267 | $5.0M | Reduce -3.9% |
| FTS Fortis Inc. | 0.10% | 115,689 | $4.8M | Add +5.1% |
| ARLP Alliance Resource Partners | 0.09% | 162,991 | $4.3M | Add +0.7% |
| NRP Natural Resource Partners LP | 0.07% | 31,415 | $3.5M | Add +0.6% |
| WHD Cactus Inc. Class A | 0.07% | 56,298 | $3.3M | Reduce -0.2% |
| BKR Baker Hughes Co. | 0.06% | 76,144 | $3.1M | New |
| KRP Kimbell Royalty Partners LP | 0.06% | 176,794 | $2.9M | Add +0.7% |
| EXC Exelon Corp. | 0.06% | 73,212 | $2.8M | Add +1.6% |
| FSLR First Solar Inc. | 0.03% | 9,185 | $1.6M | New |
| SM SM Energy Co. | 0.03% | 39,633 | $1.5M | Add +1.3% |
| AWK American Water Works Co. Inc. | 0.03% | 11,887 | $1.5M | Add +1.1% |
| VLO Valero Energy Corp. | 0.03% | 10,576 | $1.3M | Add +0.6% |
| INSW International Seaways Inc. | 0.02% | 31,178 | $1.1M | Reduce -44.3% |
| PSX Phillips 66 | 0.02% | 9,103 | $1.0M | Reduce -32.3% |
| DINO HF Sinclair Corp. | 0.02% | 29,526 | $1.0M | Reduce -42.6% |
| J Jacobs Solutions Inc. | 0.02% | 7,447 | $995K | Add +27.1% |
| MPC Marathon Petroleum Corp. | 0.02% | 6,154 | $858K | Reduce -43.7% |
| DHT DHT Holdings Inc. | 0.01% | 77,963 | $724K | Reduce -42.2% |
| ECO Okeanis Eco Tankers Corp. | 0.01% | 27,737 | $590K | Reduce -44.2% |
| FRO Frontline PLC | 0.01% | 36,755 | $522K | Reduce -43.4% |
Options reported separately and not counted above: XIFR puts ($1.2M).
Portfolio Sells Q3 2024 → Q4 2024
| DTM DT Midstream Inc. | Reduce -67.3% | 1.56% | −2.38 |
| TRGP Targa Resources Corp. | Reduce -54.2% | 1.65% | −1.47 |
| OKE Oneok Inc. | Reduce -29.6% | 4.11% | −1.43 |
| PEG Public Service Enterprise GP | Reduce -39.8% | 1.44% | −1.20 |
| KMI Kinder Morgan Inc. | Reduce -34.3% | 3.65% | −1.03 |
| AES AES Corp. | Reduce -54.6% | 0.34% | −0.87 |
| LNT Alliant Energy Corp. | Reduce -32.7% | 0.90% | −0.53 |
| TTE Totalenergies SE -Spon ADR | Reduce -13.4% | 1.11% | −0.48 |
| BP BP PLC-Spons ADR | Reduce -56.4% | 0.30% | −0.47 |
| WEC WEC Energy Group Inc. | Reduce -18.3% | 0.88% | −0.27 |
| CMS CMS Energy Corp. | Reduce -16.4% | 0.84% | −0.27 |
| EVRG Evergy Inc. | Reduce -15.2% | 0.97% | −0.23 |
| ATO Atmos Energy Corp. | Reduce -10.5% | 1.34% | −0.22 |
| ENB Enbridge Inc. | Reduce -11.1% | 1.59% | −0.20 |
| SHEL Shell PLC-ADR | Reduce -4.0% | 1.22% | −0.18 |
| SLB SLB Ltd. | Reduce -24.5% | 0.30% | −0.15 |
| OGS One Gas Inc. | Reduce -1.9% | 0.91% | −0.13 |
| PAA Plains All Amer Pipeline LP | Reduce -14.1% | 0.45% | −0.11 |
| HAL Halliburton Co. | Reduce -21.5% | 0.24% | −0.10 |
| WTRG Essential Utilities Inc. | Reduce -6.9% | 0.52% | −0.10 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.09 |
| CQP Cheniere Energy Partners LP | Reduce -8.2% | 1.48% | −0.06 |
| PWR Quanta Services Inc. | Reduce -4.5% | 1.93% | −0.06 |
| NOV Nov Inc. | Reduce -14.3% | 0.12% | −0.04 |
| INSW International Seaways Inc. | Reduce -44.3% | 0.02% | −0.04 |
| PTEN Patterson-Uti Energy Inc. | Sold out | 0.00% | −0.03 |
| WLKP Westlake Chemical Partners L | Reduce -2.5% | 0.84% | −0.03 |
| DINO HF Sinclair Corp. | Reduce -42.6% | 0.02% | −0.03 |
| ECO Okeanis Eco Tankers Corp. | Reduce -44.2% | 0.01% | −0.02 |
| FRO Frontline PLC | Reduce -43.4% | 0.01% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -43.7% | 0.02% | −0.02 |
| DHT DHT Holdings Inc. | Reduce -42.2% | 0.01% | −0.02 |
| PSX Phillips 66 | Reduce -32.3% | 0.02% | −0.02 |
| HP Helmerich & Payne | Reduce -8.0% | 0.11% | −0.01 |
| WHD Cactus Inc. Class A | Reduce -0.2% | 0.07% | −0.00 |
| AMTM Amentum Holdings Inc. | Sold out | 0.00% | −0.00 |
| USAC USA Compression Partners LP | Reduce -0.4% | 0.18% | −0.00 |
| CTRA Coterra Energy Inc. | Reduce -3.9% | 0.10% | −0.00 |
| EPD Enterprise Products Partners | Reduce -2.9% | 9.05% | +0.02 |
| TRP TC Energy Corp. | Reduce -0.9% | 1.39% | +0.03 |
| VST Vistra Corp. | Reduce -4.0% | 1.17% | +0.08 |
| AROC Archrock Inc. | Reduce -5.4% | 0.81% | +0.08 |
| WMB Williams Cos Inc. | Reduce -7.2% | 2.26% | +0.12 |
| LNG Cheniere Energy Inc. | Reduce -1.5% | 1.83% | +0.21 |
Portfolio Buys Q3 2024 → Q4 2024
| ET Energy Transfer LP | Add +2.6% | 8.31% | +1.38 |
| MPLX MPLX LP | Add +22.6% | 5.57% | +1.17 |
| SO The Southern Co. | Add +214.1% | 1.80% | +1.15 |
| CNP Centerpoint Energy Inc. | Add +116.6% | 1.60% | +0.88 |
| GNRC Generac Holdings Inc. | Add +1969.8% | 0.89% | +0.84 |
| PCG P G & E Corp. | New | 0.80% | +0.80 |
| D Dominion Energy Inc. | Add +184.2% | 1.30% | +0.79 |
| UGI Ugi Corp. | Add +584.3% | 0.87% | +0.76 |
| SUN Sunoco LP | Add +67.0% | 1.86% | +0.65 |
| DTE DTE Energy Company | Add +63.4% | 1.71% | +0.55 |
| ETR Entergy Corp. | Add +23.8% | 1.74% | +0.47 |
| NEE Nextera Energy Inc. | Add +146.9% | 0.89% | +0.45 |
| XEL Xcel Energy Inc. | Add +28.0% | 1.41% | +0.30 |
| FE Firstenergy Corp. | New | 0.29% | +0.29 |
| GPOR Gulfport Energy Corp. | New | 0.28% | +0.28 |
| CWEN.A Clearway Energy Inc. Class A | Add +55.7% | 1.18% | +0.26 |
| NI Nisource Inc. | New | 0.26% | +0.26 |
| XOM Exxon Mobil Corp. | Add +34.0% | 1.40% | +0.21 |
| SRE Sempra | Add +4.0% | 3.84% | +0.16 |
| ALE Allete Inc. | New | 0.14% | +0.14 |
| SOBO South Bow Corp. | Add +99.6% | 0.28% | +0.13 |
| NFG National Fuel Gas Co. | Add +8.8% | 2.98% | +0.12 |
| EXE Expand Energy Corp. | New | 0.11% | +0.11 |
| EQT Eqt Corp. | Add +1.8% | 0.41% | +0.08 |
| BKR Baker Hughes Co. | New | 0.06% | +0.06 |
| FSLR First Solar Inc. | New | 0.03% | +0.03 |
| AEE Ameren Corporation | Add +11.4% | 0.37% | +0.03 |
| FANG Diamondback Energy Inc. | Add +33.3% | 0.13% | +0.02 |
| FTI Technipfmc PLC | Add +12.1% | 0.14% | +0.02 |
| RRC Range Resources Corp. | Add +0.5% | 0.11% | +0.01 |
| HESM Hess Midstream LP Class A | Add +0.8% | 0.81% | +0.01 |
| IDA Idacorp Inc. | Add +0.3% | 0.47% | +0.01 |
| NRP Natural Resource Partners LP | Add +0.6% | 0.07% | +0.01 |
| J Jacobs Solutions Inc. | Add +27.1% | 0.02% | +0.00 |
| ARLP Alliance Resource Partners | Add +0.7% | 0.09% | +0.00 |
| FLR Fluor Corp. | Add +0.9% | 0.88% | −0.00 |
| KRP Kimbell Royalty Partners LP | Add +0.7% | 0.06% | −0.00 |
| SM SM Energy Co. | Add +1.3% | 0.03% | −0.00 |
| VLO Valero Energy Corp. | Add +0.6% | 0.03% | −0.00 |
| EXC Exelon Corp. | Add +1.6% | 0.06% | −0.01 |
| AWK American Water Works Co. Inc. | Add +1.1% | 0.03% | −0.01 |
| FTS Fortis Inc. | Add +5.1% | 0.10% | −0.01 |
| EOG EOG Resources Inc. | Add +0.5% | 0.25% | −0.01 |
| CPK Chesapeake Utilities Corp. | Add +0.5% | 0.18% | −0.01 |
| NJR New Jersey Resources Corp. | Add +1.2% | 0.30% | −0.01 |
| CEG Constellation Energy | Add +12.6% | 0.25% | −0.02 |
| TXO Txo Partners LP | Add +10.6% | 0.25% | −0.03 |
| DUK Duke Energy Corp. | Add +2.3% | 0.74% | −0.07 |
| PPL PPL Corp. | Add +0.8% | 2.10% | −0.12 |
| XIFR XPLR Infrastructure LP | Add +36.1% | 0.77% | −0.15 |
Options Activity Q3 2024 → Q4 2024
| XIFR XPLR Infrastructure LP | put | New | 67,000 | $1.2M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 88 | $6.4B | EPD, ET, MPLX, KMI, NFG |
| Q1 2026 | 87 | $6.2B | EPD, ET, MPLX, KMI, NFG |
| Q4 2025 | 88 | $5.5B | EPD, ET, MPLX, KMI, NFG |
| Q3 2025 | 90 | $5.2B | EPD, ET, MPLX, NFG, PAGP |
| Q2 2025 | 92 | $5.1B | EPD, ET, MPLX, PAGP, NFG |
| Q1 2025 | 93 | $5.2B | EPD, ET, MPLX, OKE, PAGP |
| Q4 2024 | 93 | $4.9B | EPD, ET, MPLX, OKE, SRE |
| Q3 2024 | 87 | $4.7B | EPD, ET, OKE, KMI, MPLX |
| Q2 2024 | 81 | $4.5B | EPD, ET, OKE, KMI, MPLX |
| Q1 2024 | 83 | $4.9B | EPD, ET, OKE, MPLX, DTM |