Miller Howard Investments Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), Miller Howard Investments Inc. reported 138 stock positions worth $3.7 billion. Its top holding was MPLX (MPLX) at 3.5% of the portfolio, followed by Enterprise Products Partners (EPD, 3.3%) and Energy Transfer (ET, 2.8%). Compared with Q4 2025, it opened 12 new positions, sold out of 14, added to 85 and reduced 40. The biggest buy was Cme (CME, shares +5269%) and the biggest sale Cisco Systems (CSCO, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- KINGSTON, NY
- CIK
- 0000903947
- Portfolio Value
- $3.7B (Q1 2026)
- SEC Filing
- 0000903947-26-000002 ↗ filed Apr 20, 2026
Holdings Value
Holdings 138 stocks · $3.7B
| MPLX MPLX LP | 3.49% | 2,239,694 | $127.8M | Reduce -3.3% |
| EPD Enterprise Products Partners | 3.27% | 3,160,206 | $119.6M | Add +1.6% |
| ET Energy Transfer LP | 2.75% | 5,216,847 | $100.7M | Reduce -0.2% |
| JNJ Johnson & Johnson | 2.70% | 404,296 | $98.8M | Reduce -21.1% |
| GSK GSK PLC-Spon ADR | 2.46% | 1,629,351 | $89.9M | Reduce -0.8% |
| ABBV Abbvie Inc. | 2.37% | 397,998 | $86.6M | Reduce -0.8% |
| EXC Exelon Corp. | 2.26% | 1,685,069 | $82.6M | Add +16.8% |
| TRP TC Energy Corp. | 2.22% | 1,294,518 | $81.0M | Add +14.0% |
| COP Conocophillips | 2.20% | 609,900 | $80.5M | Add +7.5% |
| STT State Street Corp. | 2.06% | 595,610 | $75.4M | Reduce -0.7% |
| CNQ Canadian Natural Resources | 1.92% | 1,440,125 | $70.2M | Add +4.0% |
| ETR Entergy Corp. | 1.90% | 619,237 | $69.6M | Add +0.1% |
| ORI Old Republic Intl Corp. | 1.81% | 1,658,950 | $66.2M | Reduce -16.9% |
| EWBC East West Bancorp Inc. | 1.79% | 612,464 | $65.4M | Reduce -1.0% |
| WES Western Midstream Partners L | 1.78% | 1,584,975 | $65.3M | Add +6.3% |
| ENB Enbridge Inc. | 1.73% | 1,170,678 | $63.4M | Add +6.5% |
| WMB Williams Cos Inc. | 1.73% | 870,105 | $63.3M | Reduce -8.5% |
| PAA Plains All Amer Pipeline LP | 1.71% | 2,801,601 | $62.6M | Reduce -1.9% |
| MDT Medtronic PLC | 1.69% | 714,803 | $61.9M | Reduce -1.3% |
| KMI Kinder Morgan Inc. | 1.67% | 1,822,905 | $61.1M | Add +3.2% |
| LAMR Lamar Advertising Co. Class A | 1.62% | 468,026 | $59.3M | Add +48.5% |
| HESM Hess Midstream LP Class A | 1.59% | 1,491,899 | $58.0M | Add +3.1% |
| TRGP Targa Resources Corp. | 1.58% | 230,592 | $57.8M | Add +37.3% |
| CME Cme Group Inc. | 1.58% | 195,433 | $57.7M | Add +5269.0% |
| VZ Verizon Communications Inc. | 1.51% | 1,097,506 | $55.1M | Add +37.1% |
| GILD Gilead Sciences Inc. | 1.50% | 393,238 | $54.8M | Reduce -39.9% |
| PSX Phillips 66 | 1.47% | 294,220 | $53.6M | Add +1.2% |
| C Citigroup Inc. | 1.46% | 469,968 | $53.3M | Reduce -20.0% |
| SUN Sunoco LP | 1.45% | 816,233 | $53.0M | Add +18.4% |
| SNA Snap-on Inc. | 1.40% | 141,082 | $51.2M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.38% | 1,036,866 | $50.5M | Reduce -1.1% |
| ELS Equity Lifestyle Properties | 1.36% | 799,961 | $49.9M | Add +23.3% |
| LNG Cheniere Energy Inc. | 1.28% | 164,910 | $46.8M | Add +2.9% |
| HST Host Hotels & Resorts Inc. | 1.27% | 2,417,960 | $46.3M | Add +4.5% |
| NTR Nutrien Ltd. | 1.26% | 610,106 | $46.0M | Reduce -0.0% |
| EMN Eastman Chemical Co. | 1.25% | 600,368 | $45.8M | Add +8.1% |
| GS Goldman Sachs Group Inc. | 1.25% | 53,857 | $45.6M | Reduce -1.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.23% | 379,921 | $45.1M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 1.22% | 574,087 | $44.5M | Reduce -53.5% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.20% | 213,021 | $44.0M | Add +0.2% |
| OMC Omnicom Group | 1.20% | 581,969 | $43.8M | Add +1.2% |
| CMS CMS Energy Corp. | 1.19% | 563,102 | $43.7M | Reduce -2.5% |
| RF Regions Financial Corp. | 1.13% | 1,589,537 | $41.5M | Add +0.3% |
| USB US Bancorp | 1.13% | 796,319 | $41.4M | Add +0.4% |
| GAP The Gap Inc. | 1.13% | 1,704,021 | $41.2M | Add +112.2% |
| PAYX Paychex Inc. | 1.08% | 430,548 | $39.7M | Add +13.6% |
| CMCSA Comcast Corp. Class A | 1.00% | 1,278,695 | $36.7M | Add +40.6% |
| GEL Genesis Energy L.P. | 0.96% | 1,977,609 | $35.3M | Add +0.0% |
| PAGP Plains GP Holdings LP | 0.94% | 1,421,518 | $34.5M | Add +25.8% |
| TXN Texas Instruments Inc. | 0.94% | 176,346 | $34.2M | Reduce -0.8% |
| OGE Oge Energy Corp. | 0.92% | 705,127 | $33.8M | Add +0.3% |
| OKE Oneok Inc. | 0.89% | 358,317 | $32.4M | Add +26.5% |
| HRL Hormel Foods Corp. | 0.88% | 1,423,720 | $32.2M | Add +100.6% |
| DTM DT Midstream Inc. | 0.88% | 238,616 | $32.1M | Add +9.2% |
| DVY iShares Select Dividend ETF | 0.76% | 184,182 | $27.9M | Reduce -63.6% |
| AM Antero Midstream Corp. | 0.71% | 1,138,874 | $26.0M | Reduce -42.4% |
| PBA Pembina Pipeline Corp. | 0.69% | 567,713 | $25.4M | Add +8.7% |
| KO The Coca-Cola Co. | 0.67% | 323,276 | $24.6M | Reduce -1.6% |
| KEYERA CORP COM | 0.62% | 589,871 | $22.7M | Add +9.2% |
| STAG Stag Industrial Inc. | 0.58% | 586,985 | $21.2M | Reduce -1.2% |
| SOBO South Bow Corp. | 0.48% | 527,789 | $17.6M | Reduce -33.9% |
| SRE Sempra | 0.46% | 172,212 | $16.7M | Add +7.9% |
| NEE Nextera Energy Inc. | 0.40% | 159,030 | $14.8M | Add +12.3% |
| CNP Centerpoint Energy Inc. | 0.40% | 342,077 | $14.8M | Add +7.4% |
| CEG Constellation Energy | 0.34% | 44,571 | $12.4M | Add +7.2% |
| MPC Marathon Petroleum Corp. | 0.31% | 47,097 | $11.5M | Add +6.7% |
| XEL Xcel Energy Inc. | 0.31% | 141,639 | $11.3M | Add +28.5% |
| AEE Ameren Corporation | 0.30% | 99,697 | $11.0M | Add +7.8% |
| PPL PPL Corp. | 0.30% | 282,632 | $10.8M | Reduce -18.0% |
| AMT American Tower Corp. | 0.29% | 61,337 | $10.6M | Add +22.4% |
| WM Waste Management Inc. | 0.29% | 45,419 | $10.4M | Add +8.1% |
| NGG National Grid PLC-SP ADR | 0.28% | 120,490 | $10.2M | Add +23.5% |
| GIBSON ENERGY INC COM | 0.28% | 478,540 | $10.2M | Add +9.2% |
| TMUS T-Mobile US Inc. | 0.27% | 46,707 | $9.8M | Add +10.4% |
| CSX CSX Corp. | 0.27% | 238,817 | $9.8M | Add +6.8% |
| ATO Atmos Energy Corp. | 0.26% | 51,795 | $9.6M | Reduce -11.9% |
| NI Nisource Inc. | 0.25% | 193,840 | $9.0M | Reduce -25.9% |
| EQIX Equinix Inc. | 0.23% | 8,614 | $8.4M | Add +82.4% |
| T AT&T Inc. | 0.23% | 284,422 | $8.2M | Add +9.8% |
| AWK American Water Works Co. Inc. | 0.22% | 58,467 | $8.0M | Add +39.8% |
| UNP Union Pacific Corp. | 0.20% | 30,101 | $7.3M | Add +6.8% |
| KNTK Kinetik Holdings Inc. | 0.19% | 146,317 | $7.1M | Add +69.4% |
| AR Antero Resources Corp. | 0.18% | 155,374 | $6.6M | Add +4.0% |
| VLO Valero Energy Corp. | 0.18% | 26,518 | $6.6M | Add +7.1% |
| CQP Cheniere Energy Partners LP | 0.18% | 101,266 | $6.5M | Reduce -2.4% |
| FDX FedEx Corp. | 0.18% | 18,017 | $6.4M | New |
| SU Suncor Energy Inc. | 0.17% | 95,128 | $6.3M | Add +3.7% |
| OXY Occidental Petroleum Corp. | 0.16% | 88,821 | $5.8M | Add +20.6% |
| SUNC Sunococorp LLC | 0.15% | 88,613 | $5.5M | New |
| WCN Waste Connections Inc. | 0.14% | 32,583 | $5.3M | Add +20.9% |
| APA Apa Corp. | 0.14% | 117,701 | $5.0M | New |
| AEP American Electric Power | 0.13% | 35,348 | $4.6M | Add +34.0% |
| RPGSF Rockpoint Gas Storag Class A | 0.13% | 230,392 | $4.6M | Add +9.2% |
| GPOR Gulfport Energy Corp. | 0.13% | 21,782 | $4.6M | Add +3.8% |
| FER Ferrovial NV | 0.12% | 69,721 | $4.5M | New |
| CHRD Chord Energy Corp. | 0.12% | 30,492 | $4.3M | Add +11.5% |
| VST Vistra Corp. | 0.11% | 27,900 | $4.2M | Add +8.4% |
| WTTR Select Water Solutions Inc. | 0.11% | 261,376 | $4.0M | Add +8.6% |
| SO The Southern Co. | 0.10% | 36,976 | $3.6M | Add +8.3% |
| DUK Duke Energy Corp. | 0.08% | 21,445 | $2.8M | Add +8.3% |
Portfolio Sells Q4 2025 → Q1 2026
| CSCO Cisco Systems Inc. | Reduce -53.5% | 1.22% | −1.65 |
| DVY iShares Select Dividend ETF | Reduce -63.6% | 0.76% | −1.39 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −1.34 |
| ORI Old Republic Intl Corp. | Reduce -16.9% | 1.81% | −0.94 |
| GILD Gilead Sciences Inc. | Reduce -39.9% | 1.50% | −0.93 |
| C Citigroup Inc. | Reduce -20.0% | 1.46% | −0.61 |
| JNJ Johnson & Johnson | Reduce -21.1% | 2.70% | −0.50 |
| HRB H&R Block Inc. | Sold out | 0.00% | −0.49 |
| MDT Medtronic PLC | Reduce -1.3% | 1.69% | −0.41 |
| ABBV Abbvie Inc. | Reduce -0.8% | 2.37% | −0.40 |
| BAC Bank of America Corp. | Reduce -1.1% | 1.38% | −0.36 |
| AM Antero Midstream Corp. | Reduce -42.4% | 0.71% | −0.35 |
| EWBC East West Bancorp Inc. | Reduce -1.0% | 1.79% | −0.31 |
| STT State Street Corp. | Reduce -0.7% | 2.06% | −0.27 |
| MPLX MPLX LP | Reduce -3.3% | 3.49% | −0.24 |
| GS Goldman Sachs Group Inc. | Reduce -1.7% | 1.25% | −0.21 |
| ENFR Alerian Energy Infrastructur | Sold out | 0.00% | −0.21 |
| SOBO South Bow Corp. | Reduce -33.9% | 0.48% | −0.18 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -86.3% | 0.02% | −0.15 |
| BNY Bank of New York Mellon Corp. | Reduce -1.6% | 1.23% | −0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.11 |
| NI Nisource Inc. | Reduce -25.9% | 0.25% | −0.08 |
| STAG Stag Industrial Inc. | Reduce -1.2% | 0.58% | −0.08 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.07 |
| PPL PPL Corp. | Reduce -18.0% | 0.30% | −0.07 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.06 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.06 |
| JEF Jefferies Financial Group Inc. | Reduce -58.6% | 0.01% | −0.04 |
| ATO Atmos Energy Corp. | Reduce -11.9% | 0.26% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -40.3% | 0.03% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -52.9% | 0.05% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -81.2% | 0.01% | −0.03 |
| AES AES Corp. | Sold out | 0.00% | −0.03 |
| CMS CMS Energy Corp. | Reduce -2.5% | 1.19% | −0.02 |
| KO The Coca-Cola Co. | Reduce -1.6% | 0.67% | −0.02 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.02 |
| IGF iShares Global Infrastructur | Sold out | 0.00% | −0.01 |
| RDN Radian Group Inc. | Sold out | 0.00% | −0.01 |
| AVGO Broadcom Inc. | Reduce -12.8% | 0.03% | −0.01 |
| D Dominion Energy Inc. | Reduce -9.1% | 0.06% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.01 |
| RY Royal Bank of Canada | Reduce -29.3% | 0.01% | −0.01 |
| HDV iShares Core High Dividend E | Sold out | 0.00% | −0.01 |
| CPT Camden Property Trust | Sold out | 0.00% | −0.01 |
| TTE Totalenergies SE | Reduce -43.4% | 0.01% | −0.01 |
| CAH Cardinal Health Inc. | Reduce -0.1% | 0.02% | −0.00 |
| LBRT Liberty Energy Inc. | Reduce -23.2% | 0.06% | +0.00 |
| TXN Texas Instruments Inc. | Reduce -0.8% | 0.94% | +0.01 |
| WMB Williams Cos Inc. | Reduce -8.5% | 1.73% | +0.01 |
| CQP Cheniere Energy Partners LP | Reduce -2.4% | 0.18% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| CME Cme Group Inc. | Add +5269.0% | 1.58% | +1.55 |
| SNA Snap-on Inc. | New | 1.40% | +1.40 |
| TRGP Targa Resources Corp. | Add +37.3% | 1.58% | +0.65 |
| COP Conocophillips | Add +7.5% | 2.20% | +0.60 |
| VZ Verizon Communications Inc. | Add +37.1% | 1.51% | +0.52 |
| GAP The Gap Inc. | Add +112.2% | 1.13% | +0.51 |
| CNQ Canadian Natural Resources | Add +4.0% | 1.92% | +0.50 |
| LAMR Lamar Advertising Co. Class A | Add +48.5% | 1.62% | +0.42 |
| HRL Hormel Foods Corp. | Add +100.6% | 0.88% | +0.37 |
| SUN Sunoco LP | Add +18.4% | 1.45% | +0.36 |
| EXC Exelon Corp. | Add +16.8% | 2.26% | +0.36 |
| LNG Cheniere Energy Inc. | Add +2.9% | 1.28% | +0.34 |
| PSX Phillips 66 | Add +1.2% | 1.47% | +0.33 |
| TRP TC Energy Corp. | Add +14.0% | 2.22% | +0.33 |
| PAGP Plains GP Holdings LP | Add +25.8% | 0.94% | +0.29 |
| EPD Enterprise Products Partners | Add +1.6% | 3.27% | +0.26 |
| OKE Oneok Inc. | Add +26.5% | 0.89% | +0.26 |
| KMI Kinder Morgan Inc. | Add +3.2% | 1.67% | +0.21 |
| CMCSA Comcast Corp. Class A | Add +40.6% | 1.00% | +0.18 |
| EMN Eastman Chemical Co. | Add +8.1% | 1.25% | +0.18 |
| ELS Equity Lifestyle Properties | Add +23.3% | 1.36% | +0.18 |
| ETR Entergy Corp. | Add +0.1% | 1.90% | +0.18 |
| FDX FedEx Corp. | New | 0.18% | +0.18 |
| SUNC Sunococorp LLC | New | 0.15% | +0.15 |
| ENB Enbridge Inc. | Add +6.5% | 1.73% | +0.15 |
| APA Apa Corp. | New | 0.14% | +0.14 |
| FER Ferrovial NV | New | 0.12% | +0.12 |
| EQIX Equinix Inc. | Add +82.4% | 0.23% | +0.12 |
| KNTK Kinetik Holdings Inc. | Add +69.4% | 0.19% | +0.10 |
| KEYERA CORP COM | Add +9.2% | 0.62% | +0.10 |
| MPC Marathon Petroleum Corp. | Add +6.7% | 0.31% | +0.10 |
| PBA Pembina Pipeline Corp. | Add +8.7% | 0.69% | +0.09 |
| DTM DT Midstream Inc. | Add +9.2% | 0.88% | +0.09 |
| HESM Hess Midstream LP Class A | Add +3.1% | 1.59% | +0.08 |
| OXY Occidental Petroleum Corp. | Add +20.6% | 0.16% | +0.07 |
| XEL Xcel Energy Inc. | Add +28.5% | 0.31% | +0.06 |
| NEE Nextera Energy Inc. | Add +12.3% | 0.40% | +0.06 |
| VLO Valero Energy Corp. | Add +7.1% | 0.18% | +0.06 |
| AWK American Water Works Co. Inc. | Add +39.8% | 0.22% | +0.05 |
| NGG National Grid PLC-SP ADR | Add +23.5% | 0.28% | +0.05 |
| SU Suncor Energy Inc. | Add +3.7% | 0.17% | +0.05 |
| CHRD Chord Energy Corp. | Add +11.5% | 0.12% | +0.04 |
| OVV Ovintiv Inc. | Add +107.4% | 0.06% | +0.04 |
| GIBSON ENERGY INC COM | Add +9.2% | 0.28% | +0.04 |
| CNP Centerpoint Energy Inc. | Add +7.4% | 0.40% | +0.04 |
| AEP American Electric Power | Add +34.0% | 0.13% | +0.03 |
| GEL Genesis Energy L.P. | Add +0.0% | 0.96% | +0.03 |
| WTTR Select Water Solutions Inc. | Add +8.6% | 0.11% | +0.03 |
| SRE Sempra | Add +7.9% | 0.46% | +0.03 |
| T AT&T Inc. | Add +9.8% | 0.23% | +0.03 |
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 |