Kayne Anderson Capital Advisors LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Kayne Anderson Capital Advisors LP reported 61 stock positions worth $3.5 billion. Its top holding was Energy Transfer (ET) at 10.0% of the portfolio, followed by Williams Cos (WMB, 9.4%) and Enterprise Products Partners (EPD, 9.2%). Compared with Q4 2023, it opened 10 new positions, sold out of 37, added to 19 and reduced 20. The biggest buy was Oneok (OKE, shares +29%) and the biggest sale Atlantica Sustainable Infras (AY, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0000949615
- Portfolio Value
- $3.5B (Q1 2024)
- SEC Filing
- 0001140361-24-024572 ↗ filed May 6, 2024
Holdings Value
Holdings 61 stocks · $3.5B
| ET Energy Transfer LP | 10.03% | 22,541,271 | $354.6M | Reduce -0.7% |
| WMB Williams Cos Inc. | 9.41% | 8,540,611 | $332.8M | Add +13.4% |
| EPD Enterprise Products Partners | 9.22% | 11,175,161 | $326.1M | Add +2.6% |
| TRGP Targa Resources Corp. | 8.55% | 2,699,085 | $302.3M | Reduce -8.8% |
| OKE Oneok Inc. | 8.40% | 3,705,367 | $297.1M | Add +28.7% |
| MPLX MPLX LP | 6.47% | 5,503,006 | $228.7M | Reduce -4.4% |
| LNG Cheniere Energy Inc. | 5.35% | 1,172,828 | $189.2M | Reduce -8.9% |
| KMI Kinder Morgan Inc. | 5.17% | 9,959,947 | $182.7M | Add +45.9% |
| PAA Plains All Amer Pipeline LP | 4.56% | 9,178,482 | $161.2M | Reduce -1.3% |
| WES Western Midstream Partners L | 4.19% | 4,165,829 | $148.1M | Add +27.4% |
| PBA Pembina Pipeline Corp. | 2.97% | 2,969,440 | $104.9M | Add +31.1% |
| TRP TC Energy Corp. | 2.82% | 2,478,783 | $99.6M | Add +46.6% |
| ENB Enbridge Inc. | 2.76% | 2,694,055 | $97.5M | Add +18.7% |
| SRE Sempra | 2.01% | 988,271 | $71.0M | Reduce -18.6% |
| XOM Exxon Mobil Corp. | 1.79% | 543,281 | $63.2M | Add +20.9% |
| PAGP Plains GP Holdings LP | 1.64% | 3,178,211 | $58.0M | Reduce -23.8% |
| NEE Nextera Energy Inc. | 1.61% | 890,872 | $56.9M | Add +8.4% |
| HESM Hess Midstream LP Class A | 1.33% | 1,305,561 | $47.2M | Add +55.8% |
| KNTK Kinetik Holdings Inc. | 1.31% | 1,164,974 | $46.4M | Add +1992.8% |
| DTM DT Midstream Inc. | 1.25% | 721,128 | $44.1M | Reduce -6.4% |
| PSX Phillips 66 | 1.18% | 255,052 | $41.7M | Reduce -31.4% |
| AM Antero Midstream Corp. | 1.18% | 2,959,243 | $41.6M | Add +30.6% |
| NS Nustar Energy LP | 0.61% | 926,551 | $21.6M | Add +6866.6% |
| AY Atlantica Sustainable Infras | 0.55% | 1,058,703 | $19.6M | Reduce -77.5% |
| ETRN Equitrans Midstream Corp. | 0.48% | 1,369,773 | $17.1M | Reduce -33.0% |
| ARIS WATER SOLUTIONS INC-A | 0.48% | 1,193,336 | $16.9M | Add +93.2% |
| KYN Kayne Anderson Energy Infra | 0.46% | 1,614,122 | $16.2M | No change |
| ES Eversource Energy | 0.40% | 236,324 | $14.1M | New |
| AES AES Corp. | 0.39% | 771,365 | $13.8M | Reduce -26.1% |
| GE General Electric | 0.34% | 67,891 | $11.9M | New |
| AQN Algonquin Power & Utilities | 0.32% | 1,780,354 | $11.3M | Reduce -10.4% |
| DKL Delek Logistics Partners LP | 0.29% | 251,390 | $10.3M | New |
| CEG Constellation Energy | 0.29% | 55,733 | $10.3M | Add +0.9% |
| FSLR First Solar Inc. | 0.28% | 58,179 | $9.8M | New |
| PWR Quanta Services Inc. | 0.26% | 35,650 | $9.3M | New |
| CCJ Cameco Corp. | 0.23% | 186,892 | $8.1M | New |
| CWEN Clearway Energy Inc. Class C | 0.23% | 346,607 | $8.0M | Reduce -84.3% |
| XEL Xcel Energy Inc. | 0.16% | 107,826 | $5.8M | Reduce -66.8% |
| ATLANTICA JERSEY LTD (AY 4 07/15/25) | 0.14% | 5,000,000 | $4.8M | No change |
| BEP Brookfield Renewable Partner | 0.12% | 183,695 | $4.3M | Reduce -84.5% |
| ENLC Enlink Midstream LLC | 0.09% | 222,240 | $3.0M | Reduce -88.0% |
| PXD Pioneer Natural Resources Co. | 0.08% | 11,106 | $2.9M | New |
| HES Hess Corp. | 0.08% | 18,693 | $2.9M | New |
| CEM Clearbridge MLP & Midstream | 0.06% | 48,048 | $2.2M | Add +37.9% |
| EMO Clearbridge Energy Midstream | 0.06% | 53,260 | $2.2M | No change |
| NOVAQ Sunnova Energy International | 0.05% | 301,205 | $1.8M | New |
| CLEARBRIDGE MLP AND MIDSTRM | 0.05% | 42,620 | $1.8M | Add +704.1% |
| ETR Entergy Corp. | 0.05% | 16,648 | $1.8M | Add +16.7% |
| GLP Global Partners LP | 0.05% | 38,300 | $1.7M | No change |
| AROC Archrock Inc. | 0.05% | 84,000 | $1.7M | Reduce -81.4% |
| KGS Kodiak Gas Services Inc. | 0.04% | 51,475 | $1.4M | Reduce -69.7% |
| XTPZX Tortoise Power & Enrgy Infra | 0.03% | 62,051 | $967K | No change |
| SUN Sunoco LP | 0.02% | 14,200 | $856K | No change |
| MTZ Mastec Inc. | 0.02% | 9,044 | $843K | New |
| TYG Tortoise Energy Infrastruct | 0.02% | 20,984 | $649K | No change |
| NTG Tortoise Midstream Energy | 0.01% | 11,604 | $445K | No change |
| CAPL Crossamerica Partners LP | 0.01% | 19,300 | $440K | No change |
| BEPC Brookfield Renewable Cor-A | 0.01% | 15,566 | $382K | Reduce -86.7% |
| NGL NGL Energy Partners LP | 0.01% | 63,000 | $363K | No change |
| XTEAX Tortoise Sust&social Imp Ter filed as ECOFIN SUSTAINABLE AND SOCIA | 0.01% | 18,600 | $220K | No change |
| GEL Genesis Energy L.P. | 0.00% | 7,400 | $82K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $20.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 514,584 | $20.0M | Add +62.3% |
Total filed on the 13F, all lines: $3.6B.
Portfolio Sells Q4 2023 → Q1 2024
| AY Atlantica Sustainable Infras | Reduce -77.5% | 0.55% | −2.63 |
| CWEN Clearway Energy Inc. Class C | Reduce -84.3% | 0.23% | −1.68 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −1.59 |
| LNG Cheniere Energy Inc. | Reduce -8.9% | 5.35% | −1.55 |
| BEP Brookfield Renewable Partner | Reduce -84.5% | 0.12% | −0.85 |
| SRE Sempra | Reduce -18.6% | 2.01% | −0.84 |
| ENLC Enlink Midstream LLC | Reduce -88.0% | 0.09% | −0.62 |
| XEL Xcel Energy Inc. | Reduce -66.8% | 0.16% | −0.47 |
| PAGP Plains GP Holdings LP | Reduce -23.8% | 1.64% | −0.45 |
| PSX Phillips 66 | Reduce -31.4% | 1.18% | −0.38 |
| CWEN.A Clearway Energy Inc. Class A | Sold out | 0.00% | −0.35 |
| AES AES Corp. | Reduce -26.1% | 0.39% | −0.24 |
| RNW Renew Energy Global PLC-A | Sold out | 0.00% | −0.22 |
| ENLT Enlight Renewable Energy Ltd. | Sold out | 0.00% | −0.18 |
| AROC Archrock Inc. | Reduce -81.4% | 0.05% | −0.17 |
| ETRN Equitrans Midstream Corp. | Reduce -33.0% | 0.48% | −0.17 |
| MPLX MPLX LP | Reduce -4.4% | 6.47% | −0.17 |
| AEP American Electric Power | Sold out | 0.00% | −0.12 |
| BEPC Brookfield Renewable Cor-A | Reduce -86.7% | 0.01% | −0.10 |
| AMRC Ameresco Inc. Class A | Sold out | 0.00% | −0.09 |
| NML Neuberger Energy Infrastruct | Sold out | 0.00% | −0.09 |
| DTM DT Midstream Inc. | Reduce -6.4% | 1.25% | −0.08 |
| AQN Algonquin Power & Utilities | Reduce -10.4% | 0.32% | −0.08 |
| KGS Kodiak Gas Services Inc. | Reduce -69.7% | 0.04% | −0.07 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.06 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.06 |
| BN Brookfield Corp. | Sold out | 0.00% | −0.05 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.04 |
| FIF First Trust Energy Infrastru | Sold out | 0.00% | −0.03 |
| TPG TPG Inc. | Sold out | 0.00% | −0.03 |
| BXSL Blackstone Secured Lending F | Sold out | 0.00% | −0.03 |
| FEI First Trust MLP and Energy I | Sold out | 0.00% | −0.03 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.03 |
| FEN First TR Enrgy Inc. & GRW | Sold out | 0.00% | −0.03 |
| BIP Brookfield Infrastructure Pa | Sold out | 0.00% | −0.03 |
| PDX PIMCO Dynamic Income Strat | Sold out | 0.00% | −0.02 |
| IDE Voya Infrastructure Indust | Sold out | 0.00% | −0.02 |
| GAM General American Investors | Sold out | 0.00% | −0.02 |
| BTX BlackRock Tech & Priv Eqty | Sold out | 0.00% | −0.02 |
| BMEZ BlackRock HLTH Sci TRM TR II | Sold out | 0.00% | −0.02 |
| GBDC Golub Capital BDC Inc. | Sold out | 0.00% | −0.01 |
| NBXG Neuberger Next Generation Co. | Sold out | 0.00% | −0.01 |
| NMAI Nuveen Multi-Asset Income | Sold out | 0.00% | −0.01 |
| FPI Farmland Partners Inc. | Sold out | 0.00% | −0.01 |
| FST TR NEW OPPORT MLP & ENE | Sold out | 0.00% | −0.01 |
| ASGI Abrdn Global Infrastructure | Sold out | 0.00% | −0.01 |
| GLO Clough Global Opportunities | Sold out | 0.00% | −0.01 |
| MEGI Nylim CBRE GB Infra Mtrnd TF | Sold out | 0.00% | −0.01 |
| XGLQX Clough Global Equity Fund | Sold out | 0.00% | −0.01 |
| TBLD Thornburg Income Builder Opp | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| OKE Oneok Inc. | Add +28.7% | 8.40% | +2.05 |
| KMI Kinder Morgan Inc. | Add +45.9% | 5.17% | +1.39 |
| KNTK Kinetik Holdings Inc. | Add +1992.8% | 1.31% | +1.26 |
| WES Western Midstream Partners L | Add +27.4% | 4.19% | +1.18 |
| WMB Williams Cos Inc. | Add +13.4% | 9.41% | +1.18 |
| TRP TC Energy Corp. | Add +46.6% | 2.82% | +0.74 |
| NS Nustar Energy LP | Add +6866.6% | 0.61% | +0.60 |
| PBA Pembina Pipeline Corp. | Add +31.1% | 2.97% | +0.52 |
| HESM Hess Midstream LP Class A | Add +55.8% | 1.33% | +0.50 |
| ES Eversource Energy | New | 0.40% | +0.40 |
| XOM Exxon Mobil Corp. | Add +20.9% | 1.79% | +0.38 |
| GE General Electric | New | 0.34% | +0.34 |
| ARIS WATER SOLUTIONS INC-A | Add +93.2% | 0.48% | +0.31 |
| DKL Delek Logistics Partners LP | New | 0.29% | +0.29 |
| AM Antero Midstream Corp. | Add +30.6% | 1.18% | +0.29 |
| FSLR First Solar Inc. | New | 0.28% | +0.28 |
| PWR Quanta Services Inc. | New | 0.26% | +0.26 |
| CCJ Cameco Corp. | New | 0.23% | +0.23 |
| EPD Enterprise Products Partners | Add +2.6% | 9.22% | +0.21 |
| ENB Enbridge Inc. | Add +18.7% | 2.76% | +0.19 |
| CEG Constellation Energy | Add +0.9% | 0.29% | +0.09 |
| PXD Pioneer Natural Resources Co. | New | 0.08% | +0.08 |
| HES Hess Corp. | New | 0.08% | +0.08 |
| NOVAQ Sunnova Energy International | New | 0.05% | +0.05 |
| CLEARBRIDGE MLP AND MIDSTRM | Add +704.1% | 0.05% | +0.04 |
| NEE Nextera Energy Inc. | Add +8.4% | 1.61% | +0.04 |
| MTZ Mastec Inc. | New | 0.02% | +0.02 |
| CEM Clearbridge MLP & Midstream | Add +37.9% | 0.06% | +0.02 |
| ETR Entergy Corp. | Add +16.7% | 0.05% | +0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| AES CORP/THE (AES 6.875 02/15/24) | UNIT 02/15/2024 | Sold out | 265,000 | $20.2Mbefore exit |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Add +62.3% | 514,584 | $20.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $5.1B | WMB, EPD, ET, LNG, OKE |
| Q1 2026 | 48 | $5.2B | EPD, WMB, ET, LNG, MPLX |
| Q4 2025 | 42 | $4.4B | WMB, EPD, ET, MPLX, KMI |
| Q3 2025 | 45 | $4.5B | WMB, EPD, ET, LNG, MPLX |
| Q2 2025Amended | 42 | $4.3B | WMB, ET, EPD, MPLX, LNG |
| Q1 2025 | 44 | $4.5B | WMB, EPD, ET, MPLX, LNG |
| Q4 2024 | 45 | $4.2B | ET, EPD, WMB, LNG, KMI |
| Q3 2024 | 46 | $3.9B | WMB, ET, EPD, OKE, TRGP |
| Q2 2024 | 56 | $3.7B | ET, WMB, EPD, TRGP, OKE |
| Q1 2024 | 61 | $3.5B | ET, WMB, EPD, TRGP, OKE |