Miller Howard Investments Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), Miller Howard Investments Inc. reported 195 stock positions worth $3.2 billion. Its top holding was MPLX (MPLX) at 3.6% of the portfolio, followed by Energy Transfer (ET, 3.1%) and Enterprise Products Partners (EPD, 2.7%). Compared with Q2 2024, it opened 20 new positions, sold out of 17, added to 53 and reduced 115. The biggest buy was Entergy (ETR, shares +299%) and the biggest sale an exit from Cardinal Health (CAH).
- Most Recent 13F
- Q2 2026
- Location
- KINGSTON, NY
- CIK
- 0000903947
- Portfolio Value
- $3.2B (Q3 2024)
- SEC Filing
- 0000903947-24-000011 ↗ filed Nov 5, 2024
Holdings Value
Holdings 195 stocks · $3.2B
| MPLX MPLX LP | 3.57% | 2,605,612 | $115.8M | Add +1.3% |
| ET Energy Transfer LP | 3.07% | 6,195,245 | $99.4M | Reduce -0.3% |
| EPD Enterprise Products Partners | 2.74% | 3,056,287 | $89.0M | Reduce -2.8% |
| GILD Gilead Sciences Inc. | 2.73% | 1,058,077 | $88.7M | Reduce -0.9% |
| KO The Coca-Cola Co. | 2.67% | 1,205,226 | $86.6M | Add +4.8% |
| JNJ Johnson & Johnson | 2.66% | 532,222 | $86.3M | Add +13.1% |
| JEF Jefferies Financial Group Inc. | 2.54% | 1,337,482 | $82.3M | Reduce -1.7% |
| ABBV Abbvie Inc. | 2.53% | 415,487 | $82.1M | Reduce -7.8% |
| ORI Old Republic Intl Corp. | 2.53% | 2,316,134 | $82.0M | Reduce -1.5% |
| GS Goldman Sachs Group Inc. | 2.49% | 162,850 | $80.6M | Reduce -1.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 2.37% | 1,069,220 | $76.8M | Reduce -2.0% |
| PAYX Paychex Inc. | 2.31% | 559,363 | $75.1M | Reduce -1.8% |
| CSCO Cisco Systems Inc. | 2.28% | 1,391,563 | $74.1M | Add +14.6% |
| JPM JPMorgan Chase & Co. | 2.10% | 323,487 | $68.2M | Add +8.3% |
| MDT Medtronic PLC | 2.09% | 752,335 | $67.7M | Reduce -1.6% |
| WES Western Midstream Partners L | 2.01% | 1,707,681 | $65.3M | Add +17.1% |
| CMCSA Comcast Corp. Class A | 1.91% | 1,485,476 | $62.0M | Reduce -0.2% |
| RY Royal Bank of Canada | 1.91% | 495,687 | $61.8M | Reduce -1.7% |
| EXC Exelon Corp. | 1.80% | 1,436,118 | $58.2M | Reduce -6.8% |
| LYB Lyondellbasell Indu Class A | 1.74% | 588,330 | $56.4M | Reduce -0.8% |
| IPG Interpublic Group of Cos Inc. | 1.73% | 1,773,696 | $56.1M | Add +0.1% |
| CNQ Canadian Natural Resources | 1.69% | 1,653,117 | $54.9M | Reduce -4.0% |
| EWBC East West Bancorp Inc. | 1.63% | 640,421 | $53.0M | Reduce -1.4% |
| TTE Totalenergies SE -Spon ADR | 1.63% | 816,866 | $52.8M | Reduce -1.8% |
| TRGP Targa Resources Corp. | 1.54% | 336,421 | $49.8M | Reduce -2.3% |
| MRK Merck & Co. Inc. | 1.48% | 422,680 | $48.0M | Add +9.8% |
| TXN Texas Instruments Inc. | 1.45% | 228,416 | $47.2M | Reduce -1.3% |
| CAG Conagra Brands Inc. | 1.44% | 1,433,164 | $46.6M | Reduce -0.9% |
| CMS CMS Energy Corp. | 1.43% | 655,058 | $46.3M | Add +0.2% |
| PAA Plains All Amer Pipeline LP | 1.38% | 2,572,810 | $44.7M | Add +0.9% |
| LAMR Lamar Advertising Co. Class A | 1.35% | 326,858 | $43.7M | Reduce -1.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.33% | 1,087,127 | $43.1M | Reduce -1.6% |
| HST Host Hotels & Resorts Inc. | 1.32% | 2,437,799 | $42.9M | Add +13.2% |
| ETR Entergy Corp. | 1.27% | 312,124 | $41.1M | Add +299.2% |
| PSX Phillips 66 | 1.18% | 291,610 | $38.3M | Reduce -2.7% |
| HESM Hess Midstream LP Class A | 1.18% | 1,082,114 | $38.2M | Add +49.8% |
| OKE Oneok Inc. | 1.15% | 409,637 | $37.3M | Add +0.1% |
| RHI Robert Half Inc. | 1.14% | 546,415 | $36.8M | Reduce -1.1% |
| OGE Oge Energy Corp. | 1.10% | 868,544 | $35.6M | Reduce -1.6% |
| TRP TC Energy Corp. | 1.08% | 739,014 | $35.1M | Add +12.6% |
| LNG Cheniere Energy Inc. | 1.07% | 193,404 | $34.8M | Add +35.2% |
| ENB Enbridge Inc. | 1.06% | 844,303 | $34.3M | Add +6.6% |
| ENLC Enlink Midstream LLC | 1.02% | 2,287,267 | $33.2M | Add +1.5% |
| WMB Williams Cos Inc. | 1.00% | 711,016 | $32.5M | Reduce -17.6% |
| AM Antero Midstream Corp. | 1.00% | 2,155,127 | $32.4M | Reduce -16.0% |
| SUN Sunoco LP | 0.98% | 589,761 | $31.7M | Add +1.1% |
| MAA Mid-America Apartment Comm | 0.97% | 197,310 | $31.4M | Add +0.3% |
| PAGP Plains GP Holdings LP | 0.86% | 1,500,576 | $27.8M | Add +3.8% |
| KMI Kinder Morgan Inc. | 0.81% | 1,187,115 | $26.2M | Reduce -2.6% |
| NTR Nutrien Ltd. | 0.77% | 517,089 | $24.9M | Reduce -17.0% |
| STAG Stag Industrial Inc. | 0.76% | 627,693 | $24.5M | Reduce -0.8% |
| CPT Camden Property Trust | 0.72% | 188,006 | $23.2M | Reduce -0.5% |
| MSM MSC Industrial Direct Co. Class A | 0.66% | 249,766 | $21.5M | Add +19.0% |
| PBA Pembina Pipeline Corp. | 0.56% | 439,778 | $18.1M | Add +3.2% |
| DTM DT Midstream Inc. | 0.47% | 193,054 | $15.2M | Add +7.0% |
| KEYERA CORP COM | 0.46% | 476,096 | $14.9M | Add +21.6% |
| DVY iShares Select Dividend ETF | 0.44% | 106,260 | $14.4M | Reduce -66.3% |
| KNTK Kinetik Holdings Inc. | 0.36% | 256,359 | $11.6M | Add +67.1% |
| HES Hess Corp. | 0.31% | 74,877 | $10.2M | Add +85.1% |
| CEG Constellation Energy | 0.31% | 38,574 | $10.0M | Reduce -0.6% |
| NI Nisource Inc. | 0.30% | 285,076 | $9.9M | Reduce -9.5% |
| PPL PPL Corp. | 0.29% | 282,223 | $9.3M | Add +0.6% |
| NEE Nextera Energy Inc. | 0.28% | 108,738 | $9.2M | Add +0.7% |
| SRE Sempra | 0.27% | 103,820 | $8.7M | Reduce -0.2% |
| AMT American Tower Corp. | 0.26% | 36,931 | $8.6M | Add +3.6% |
| CNP Centerpoint Energy Inc. | 0.24% | 261,870 | $7.7M | Reduce -1.6% |
| TMUS T-Mobile US Inc. | 0.23% | 35,997 | $7.4M | Add +1.6% |
| OMC Omnicom Group | 0.23% | 71,311 | $7.4M | Add +1151.1% |
| POR Portland General Electric Co. | 0.22% | 150,202 | $7.2M | No change |
| PEG Public Service Enterprise GP | 0.22% | 80,332 | $7.2M | Reduce -0.4% |
| AB Alliancebernstein Holding LP | 0.22% | 204,000 | $7.1M | No change |
| HCA HCA Healthcare Inc. | 0.22% | 17,220 | $7.0M | Add +2.0% |
| EPR Epr Properties filed as EPR PPTYS | 0.21% | 140,000 | $6.9M | New |
| CSX CSX Corp. | 0.20% | 183,836 | $6.3M | Add +2.8% |
| O Realty Income Corp. | 0.19% | 99,060 | $6.3M | No change |
| NGG National Grid PLC-SP ADR | 0.19% | 89,649 | $6.2M | Add +8.5% |
| AEE Ameren Corporation | 0.19% | 69,208 | $6.1M | Reduce -8.3% |
| UNP Union Pacific Corp. | 0.18% | 23,457 | $5.8M | Add +2.9% |
| WM Waste Management Inc. | 0.18% | 27,680 | $5.7M | Add +1.5% |
| SBRA Sabra Health Care REIT Inc. | 0.17% | 300,000 | $5.6M | Add +33.3% |
| CCI Crown Castle Inc. | 0.17% | 46,175 | $5.5M | Add +3.6% |
| MPC Marathon Petroleum Corp. | 0.17% | 33,482 | $5.5M | Reduce -2.3% |
| GIBSON ENERGY INC COM | 0.17% | 327,390 | $5.4M | Add +7.0% |
| RHP Ryman Hospitality Properties | 0.17% | 50,000 | $5.4M | New |
| VALE Vale SA-SP ADR | 0.16% | 455,000 | $5.3M | No change |
| MAIN Main Street Capital Corp. | 0.15% | 100,000 | $5.0M | New |
| BTI British American Tob-SP ADR | 0.15% | 135,000 | $4.9M | No change |
| CQP Cheniere Energy Partners LP | 0.15% | 100,551 | $4.9M | Add +0.8% |
| ATO Atmos Energy Corp. | 0.15% | 34,253 | $4.8M | Add +13.5% |
| SU Suncor Energy Inc. | 0.14% | 125,804 | $4.6M | Reduce -8.0% |
| EIX Edison International | 0.14% | 51,571 | $4.5M | Reduce -49.9% |
| OXY Occidental Petroleum Corp. | 0.14% | 86,229 | $4.4M | Reduce -13.9% |
| XOM Exxon Mobil Corp. | 0.14% | 37,636 | $4.4M | Reduce -8.1% |
| MTN Vail Resorts Inc. | 0.13% | 25,000 | $4.4M | No change |
| APLE Apple Hospitality REIT Inc. | 0.13% | 290,483 | $4.3M | Reduce -27.4% |
| AR Antero Resources Corp. | 0.13% | 146,589 | $4.2M | Add +157.0% |
| AWK American Water Works Co. Inc. | 0.12% | 26,328 | $3.9M | Add +364.0% |
| AES AES Corp. | 0.12% | 188,757 | $3.8M | Reduce -0.9% |
| AESI Atlas Energy Solutions Inc. | 0.11% | 160,546 | $3.5M | New |
| COP Conocophillips | 0.11% | 32,833 | $3.5M | Reduce -12.4% |
Portfolio Sells Q2 2024 → Q3 2024
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.84 |
| DVY iShares Select Dividend ETF | Reduce -66.3% | 0.44% | −0.82 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.46 |
| CNQ Canadian Natural Resources | Reduce -4.0% | 1.69% | −0.34 |
| NTR Nutrien Ltd. | Reduce -17.0% | 0.77% | −0.29 |
| EPD Enterprise Products Partners | Reduce -2.8% | 2.74% | −0.28 |
| ET Energy Transfer LP | Reduce -0.3% | 3.07% | −0.28 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.28 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.27 |
| AM Antero Midstream Corp. | Reduce -16.0% | 1.00% | −0.25 |
| D Dominion Energy Inc. | Reduce -83.2% | 0.05% | −0.24 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.23 |
| PSX Phillips 66 | Reduce -2.7% | 1.18% | −0.22 |
| WMB Williams Cos Inc. | Reduce -17.6% | 1.00% | −0.22 |
| TTE Totalenergies SE -Spon ADR | Reduce -1.8% | 1.63% | −0.21 |
| HUN Huntsman Corp. | Sold out | 0.00% | −0.19 |
| LYB Lyondellbasell Indu Class A | Reduce -0.8% | 1.74% | −0.14 |
| BAC Bank of America Corp. | Reduce -1.6% | 1.33% | −0.13 |
| EIX Edison International | Reduce -49.9% | 0.14% | −0.11 |
| DINO HF Sinclair Corp. | Reduce -57.5% | 0.04% | −0.09 |
| OXY Occidental Petroleum Corp. | Reduce -13.9% | 0.14% | −0.07 |
| LBRT Liberty Energy Inc. | Reduce -74.5% | 0.02% | −0.07 |
| APLE Apple Hospitality REIT Inc. | Reduce -27.4% | 0.13% | −0.06 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −0.05 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.05 |
| CHRD Chord Energy Corp. | Reduce -11.4% | 0.07% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -1.3% | 1.45% | −0.04 |
| RHI Robert Half Inc. | Reduce -1.1% | 1.14% | −0.04 |
| CNP Centerpoint Energy Inc. | Reduce -1.6% | 0.24% | −0.04 |
| COP Conocophillips | Reduce -12.4% | 0.11% | −0.04 |
| ABBV Abbvie Inc. | Reduce -7.8% | 2.53% | −0.04 |
| AVGO Broadcom Inc. | Reduce -74.3% | 0.01% | −0.03 |
| SU Suncor Energy Inc. | Reduce -8.0% | 0.14% | −0.03 |
| CVE Cenovus Energy Inc. | Reduce -13.8% | 0.06% | −0.03 |
| MPC Marathon Petroleum Corp. | Reduce -2.3% | 0.17% | −0.03 |
| RRC Range Resources Corp. | Reduce -11.3% | 0.09% | −0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -43.1% | 0.05% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -0.2% | 1.91% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -8.1% | 0.14% | −0.02 |
| HAL Halliburton Co. | Reduce -9.0% | 0.05% | −0.02 |
| AMKR Amkor Technology Inc. | Reduce -42.1% | 0.01% | −0.02 |
| EOG EOG Resources Inc. | Reduce -20.5% | 0.05% | −0.02 |
| OVV Ovintiv Inc. | Reduce -13.9% | 0.03% | −0.02 |
| VLO Valero Energy Corp. | Reduce -7.9% | 0.04% | −0.02 |
| FNB FNB Corp. | Sold out | 0.00% | −0.02 |
| CTRA Coterra Energy Inc. | Reduce -14.3% | 0.04% | −0.01 |
| VNT Vontier Corp. | Sold out | 0.00% | −0.01 |
| UPS United Parcel Service Class B | Reduce -6.9% | 0.08% | −0.01 |
| HAE Haemonetics Corp. | Sold out | 0.00% | −0.01 |
| SLP Simulations Plus Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| ETR Entergy Corp. | Add +299.2% | 1.27% | +0.99 |
| JNJ Johnson & Johnson | Add +13.1% | 2.66% | +0.38 |
| CSCO Cisco Systems Inc. | Add +14.6% | 2.28% | +0.37 |
| HESM Hess Midstream LP Class A | Add +49.8% | 1.18% | +0.30 |
| TRP TC Energy Corp. | Add +12.6% | 1.08% | +0.26 |
| KO The Coca-Cola Co. | Add +4.8% | 2.67% | +0.24 |
| LNG Cheniere Energy Inc. | Add +35.2% | 1.07% | +0.24 |
| EPR Epr Properties | New | 0.21% | +0.21 |
| OMC Omnicom Group | Add +1151.1% | 0.23% | +0.21 |
| RHP Ryman Hospitality Properties | New | 0.17% | +0.17 |
| MAIN Main Street Capital Corp. | New | 0.15% | +0.15 |
| KNTK Kinetik Holdings Inc. | Add +67.1% | 0.36% | +0.15 |
| CMS CMS Energy Corp. | Add +0.2% | 1.43% | +0.14 |
| ENB Enbridge Inc. | Add +6.6% | 1.06% | +0.12 |
| HES Hess Corp. | Add +85.1% | 0.31% | +0.12 |
| MSM MSC Industrial Direct Co. Class A | Add +19.0% | 0.66% | +0.11 |
| AESI Atlas Energy Solutions Inc. | New | 0.11% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +8.3% | 2.10% | +0.10 |
| KEYERA CORP COM | Add +21.6% | 0.46% | +0.10 |
| ARCC Ares Capital Corp. | New | 0.10% | +0.10 |
| AWK American Water Works Co. Inc. | Add +364.0% | 0.12% | +0.09 |
| WES Western Midstream Partners L | Add +17.1% | 2.01% | +0.09 |
| WTTR Select Water Solutions Inc. | New | 0.08% | +0.08 |
| AR Antero Resources Corp. | Add +157.0% | 0.13% | +0.07 |
| SBRA Sabra Health Care REIT Inc. | Add +33.3% | 0.17% | +0.06 |
| XLE SS Energy Select Sector | New | 0.05% | +0.05 |
| OKE Oneok Inc. | Add +0.1% | 1.15% | +0.04 |
| DTM DT Midstream Inc. | Add +7.0% | 0.47% | +0.04 |
| EQT Eqt Corp. | Add +96.8% | 0.09% | +0.04 |
| HST Host Hotels & Resorts Inc. | Add +13.2% | 1.32% | +0.04 |
| NGG National Grid PLC-SP ADR | Add +8.5% | 0.19% | +0.04 |
| HCA HCA Healthcare Inc. | Add +2.0% | 0.22% | +0.04 |
| MAA Mid-America Apartment Comm | Add +0.3% | 0.97% | +0.04 |
| PBA Pembina Pipeline Corp. | Add +3.2% | 0.56% | +0.04 |
| AMT American Tower Corp. | Add +3.6% | 0.26% | +0.04 |
| PPL PPL Corp. | Add +0.6% | 0.29% | +0.03 |
| ATO Atmos Energy Corp. | Add +13.5% | 0.15% | +0.03 |
| NEE Nextera Energy Inc. | Add +0.7% | 0.28% | +0.03 |
| CCI Crown Castle Inc. | Add +3.6% | 0.17% | +0.02 |
| TMUS T-Mobile US Inc. | Add +1.6% | 0.23% | +0.02 |
| PGNY Progyny Inc. | New | 0.02% | +0.02 |
| IPG Interpublic Group of Cos Inc. | Add +0.1% | 1.73% | +0.02 |
| TGT Target Corp. | New | 0.02% | +0.02 |
| ACIW Aci Worldwide Inc. | New | 0.01% | +0.01 |
| ADMA Adma Biologics Inc. | New | 0.01% | +0.01 |
| CNOB Connectone Bancorp Inc. | New | 0.01% | +0.01 |
| KLIC Kulicke & Soffa Industries | New | 0.01% | +0.01 |
| AGX Argan Inc. | New | 0.01% | +0.01 |
| DUK Duke Energy Corp. | Add +17.0% | 0.05% | +0.01 |
| PFC Premier Financial Corp. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 152 | $3.8B | MPLX, EPD, JNJ, ET, ABBV |
| Q1 2026 | 138 | $3.7B | MPLX, EPD, ET, JNJ, GSK |
| Q4 2025 | 140 | $3.3B | MPLX, JNJ, EPD, CSCO, ABBV |
| Q3 2025 | 135 | $3.3B | MPLX, EPD, JNJ, ABBV, ET |
| Q2 2025 | 136 | $3.2B | MPLX, EPD, ET, CSCO, PAYX |
| Q1 2025 | 139 | $3.1B | MPLX, EPD, ET, JNJ, ABBV |
| Q4 2024 | 136 | $3.0B | MPLX, ET, JEF, EPD, GS |
| Q3 2024 | 195 | $3.2B | MPLX, ET, EPD, GILD, KO |
| Q2 2024 | 192 | $3.0B | MPLX, ET, EPD, ABBV, GS |
| Q1 2024 | 192 | $3.0B | MPLX, EPD, ET, ABBV, AVGO |