Tortoise Capital Advisors, L.L.C.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), Tortoise Capital Advisors, L.L.C. reported 81 stock positions worth $7.6 billion. Its top holding was Targa Resources (TRGP) at 10.7% of the portfolio, followed by MPLX (MPLX, 8.4%) and Energy Transfer (ET, 7.9%). Compared with Q1 2024, it opened 1 new position, sold out of 4, added to 30 and reduced 32. The biggest buy was Sunoco (SUN, shares +26346%) and the biggest sale an exit from Nustar Energy (NS).

Most Recent 13F
Q2 2026
Location
OVERLAND PARK, KS
CIK
0001280965
Portfolio Value
$7.6B (Q2 2024)
SEC Filing
0001280965-24-000042 ↗ filed Aug 5, 2024

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $7.2B Q1 2024 Q2 2024: $7.6B $7.6B Q2 2024 Q3 2024: $7.8B Q3 2024 Q4 2024: $7.8B Q4 2024 Q1 2025: $8.3B Q1 2025 Q2 2025: $7.7B Q2 2025 Q3 2025: $7.8B Q3 2025 Q4 2025: $7.9B Q4 2025 Q1 2026: $9.6B Q1 2026 Q2 2026: $9.8B Q2 2026

Holdings 81 stocks · $7.6B
TRGP Targa Resources Corp. 10.65% 6,253,729 $805.4M Reduce -2.5%
MPLX MPLX LP 8.35% 14,825,905 $631.4M Add +2.4%
ET Energy Transfer LP 7.87% 36,668,846 $594.8M Add +12.7%
LNG Cheniere Energy Inc. 7.50% 3,242,899 $567.0M Add +9.2%
OKE Oneok Inc. 7.33% 6,795,313 $554.2M Add +3.5%
WMB Williams Cos Inc. 7.12% 12,670,175 $538.5M Add +1.2%
EPD Enterprise Products Partners 6.22% 16,221,236 $470.1M Add +4.8%
WES Western Midstream Partners L 4.49% 8,537,870 $339.2M Reduce -0.6%
PAA Plains All Amer Pipeline LP 4.45% 18,854,069 $336.7M Add +0.3%
HESM Hess Midstream LP Class A 3.58% 7,428,262 $270.7M Add +12.4%
PAGP Plains GP Holdings LP 2.90% 11,666,947 $219.6M Add +6.4%
KMI Kinder Morgan Inc. 2.83% 10,754,052 $213.7M Reduce -21.6%
ENLC Enlink Midstream LLC 2.62% 14,404,121 $198.2M Reduce -3.3%
PBA Pembina Pipeline Corp. 2.23% 4,542,997 $168.5M Add +6.9%
ENB Enbridge Inc. 2.13% 4,533,032 $161.3M Add +4.7%
NEE Nextera Energy Inc. 1.18% 1,264,440 $89.5M Reduce -22.5%
ETRN Equitrans Midstream Corp. 1.13% 6,564,250 $85.2M Add +0.0%
TRP TC Energy Corp. 1.10% 2,186,367 $82.9M Add +0.0%
AM Antero Midstream Corp. 1.09% 5,578,584 $82.2M Add +3.7%
SUN Sunoco LP 1.01% 1,351,368 $76.4M Add +26345.6%
DTM DT Midstream Inc. 0.96% 1,024,036 $72.7M Add +6.3%
CWEN Clearway Energy Inc. Class C 0.90% 2,769,331 $68.4M Reduce -1.0%
CEG Constellation Energy 0.80% 302,754 $60.6M Reduce -18.0%
SRE Sempra 0.74% 734,924 $55.9M No change
XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP 0.71% 1,940,630 $53.6M Reduce -23.8%
EXC Exelon Corp. 0.63% 1,383,787 $47.9M Add +4.8%
EIX Edison International 0.62% 648,341 $46.6M Reduce -1.8%
VST Vistra Corp. 0.49% 431,787 $37.1M Add +110.5%
RNW Renew Energy Global PLC-A 0.47% 5,669,321 $35.4M Add +11.8%
D Dominion Energy Inc. 0.46% 716,327 $35.1M Add +0.2%
CQP Cheniere Energy Partners LP 0.39% 607,358 $29.8M Reduce -21.3%
KGS Kodiak Gas Services Inc. 0.39% 1,080,237 $29.4M Reduce -0.7%
HUBB Hubbell Inc. 0.34% 70,310 $25.7M Add +9.9%
TEL Te Connectivity Ltd. 0.34% 169,880 $25.6M Reduce -11.2%
AVA Avista Corp. 0.32% 692,944 $24.0M Add +13.6%
NEXT Nextdecade Corp. 0.31% 2,910,172 $23.1M No change
KNTK Kinetik Holdings Inc. 0.30% 543,868 $22.5M Reduce -0.2%
EQT Eqt Corp. 0.29% 592,778 $21.9M No change
COP Conocophillips 0.28% 185,805 $21.3M Reduce -1.1%
FANG Diamondback Energy Inc. 0.27% 100,325 $20.1M Reduce -2.5%
AEP American Electric Power 0.26% 226,021 $19.8M Reduce -12.4%
AES AES Corp. 0.24% 1,042,454 $18.3M Reduce -0.6%
PEG Public Service Enterprise GP 0.23% 239,025 $17.6M Reduce -47.4%
AY Atlantica Sustainable Infras 0.22% 763,968 $16.8M Reduce -66.9%
DTE DTE Energy Company 0.22% 147,177 $16.3M Reduce -6.0%
AEE Ameren Corporation 0.21% 227,069 $16.1M Reduce -0.9%
NXPI NXP Semiconductors NV 0.21% 58,301 $15.7M Add +106.0%
EE Excelerate Energy Inc. Class A 0.20% 814,090 $15.0M Add +10.1%
CMS CMS Energy Corp. 0.20% 250,513 $14.9M No change
XOM Exxon Mobil Corp. 0.19% 127,701 $14.7M Add +190.2%
TECK Teck Resources Ltd.-CLS B 0.19% 297,186 $14.2M New
CTRA Coterra Energy Inc. 0.17% 482,792 $12.9M No change
GEL Genesis Energy L.P. 0.16% 856,003 $12.2M Reduce -35.2%
RUN Sunrun Inc. 0.16% 990,843 $11.8M Add +29.7%
DVN Devon Energy Corp. 0.15% 244,149 $11.6M Reduce -7.2%
PSX Phillips 66 0.13% 71,283 $10.1M No change
SO The Southern Co. 0.12% 120,955 $9.4M Reduce -11.5%
XEL Xcel Energy Inc. 0.12% 174,204 $9.3M Reduce -2.0%
OVV Ovintiv Inc. 0.12% 187,340 $8.8M Add +0.0%
LNT Alliant Energy Corp. 0.09% 134,241 $6.8M Reduce -1.9%
NFE New Fortress Energy Inc. 0.08% 285,719 $6.3M No change
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.07% 76,942 $5.4M Reduce -9.9%
ADSK Autodesk Inc. 0.05% 15,090 $3.7M Reduce -2.0%
CVX Chevron Corp. 0.04% 19,528 $3.1M No change
EOG EOG Resources Inc. 0.04% 23,826 $3.0M Add +3.2%
WLKP Westlake Chemical Partners L 0.04% 132,811 $3.0M No change
AWK American Water Works Co. Inc. 0.04% 22,103 $2.9M Reduce -11.6%
OXY Occidental Petroleum Corp. 0.04% 44,524 $2.8M No change
SEDG Solaredge Technologies Inc. 0.03% 99,522 $2.5M Add +31.5%
MRO Marathon Oil Corp. 0.03% 81,699 $2.3M No change
WTRG Essential Utilities Inc. 0.03% 61,176 $2.3M Reduce -0.3%
SU Suncor Energy Inc. 0.02% 40,528 $1.5M No change
BKR Baker Hughes Co. 0.02% 38,763 $1.4M No change
GLP Global Partners LP 0.01% 24,362 $1.1M No change
TXO Txo Partners LP 0.01% 50,000 $1.0M No change
TT Trane Technologies PLC 0.01% 1,526 $502K Reduce -72.4%
MNR Mach Natural Resources LP 0.01% 26,315 $501K No change
PBF PBF Energy Inc. Class A 0.01% 8,275 $381K No change
NGL NGL Energy Partners LP 0.00% 68,234 $345K Add +11.1%
XTEAX Tortoise Sust&social Imp Ter filed as ECOFIN SUSTAINABLE AND SOCIA 0.00% 19,362 $223K No change
XYL Xylem Inc. 0.00% 1,640 $222K Reduce -6.8%

Portfolio Sells Q1 2024 → Q2 2024
NS Nustar Energy LP Sold out 0.00% −1.28
KMI Kinder Morgan Inc. Reduce -21.6% 2.83% −0.69
AY Atlantica Sustainable Infras Reduce -66.9% 0.22% −0.37
XIFR XPLR Infrastructure LP Reduce -23.8% 0.71% −0.36
NEE Nextera Energy Inc. Reduce -22.5% 1.18% −0.27
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.26
ENLC Enlink Midstream LLC Reduce -3.3% 2.62% −0.22
PEG Public Service Enterprise GP Reduce -47.4% 0.23% −0.19
CEG Constellation Energy Reduce -18.0% 0.80% −0.15
CQP Cheniere Energy Partners LP Reduce -21.3% 0.39% −0.14
COP Conocophillips Reduce -1.1% 0.28% −0.05
TEL Te Connectivity Ltd. Reduce -11.2% 0.34% −0.05
AEP American Electric Power Reduce -12.4% 0.26% −0.05
GEL Genesis Energy L.P. Reduce -35.2% 0.16% −0.04
EIX Edison International Reduce -1.8% 0.62% −0.04
DVN Devon Energy Corp. Reduce -7.2% 0.15% −0.03
DTE DTE Energy Company Reduce -6.0% 0.22% −0.03
FSLR First Solar Inc. Sold out 0.00% −0.03
KGS Kodiak Gas Services Inc. Reduce -0.7% 0.39% −0.03
APTV Aptiv Irish Holdings Ltd. Reduce -9.9% 0.07% −0.02
AEE Ameren Corporation Reduce -0.9% 0.21% −0.02
AES AES Corp. Reduce -0.6% 0.24% −0.02
FANG Diamondback Energy Inc. Reduce -2.5% 0.27% −0.02
TT Trane Technologies PLC Reduce -72.4% 0.01% −0.02
SO The Southern Co. Reduce -11.5% 0.12% −0.01
XEL Xcel Energy Inc. Reduce -2.0% 0.12% −0.01
ENPH Enphase Energy Inc. Sold out 0.00% −0.01
ADSK Autodesk Inc. Reduce -2.0% 0.05% −0.01
LNT Alliant Energy Corp. Reduce -1.9% 0.09% −0.01
KNTK Kinetik Holdings Inc. Reduce -0.2% 0.30% −0.01
AWK American Water Works Co. Inc. Reduce -11.6% 0.04% −0.00
WTRG Essential Utilities Inc. Reduce -0.3% 0.03% −0.00
XYL Xylem Inc. Reduce -6.8% 0.00% −0.00
CWEN Clearway Energy Inc. Class C Reduce -1.0% 0.90% +0.00
WES Western Midstream Partners L Reduce -0.6% 4.49% +0.22
TRGP Targa Resources Corp. Reduce -2.5% 10.65% +0.63

Portfolio Buys Q1 2024 → Q2 2024
SUN Sunoco LP Add +26345.6% 1.01% +1.01
LNG Cheniere Energy Inc. Add +9.2% 7.50% +0.81
ET Energy Transfer LP Add +12.7% 7.87% +0.72
WMB Williams Cos Inc. Add +1.2% 7.12% +0.31
VST Vistra Corp. Add +110.5% 0.49% +0.29
HESM Hess Midstream LP Class A Add +12.4% 3.58% +0.25
TECK Teck Resources Ltd.-CLS B New 0.19% +0.19
DTM DT Midstream Inc. Add +6.3% 0.96% +0.14
PBA Pembina Pipeline Corp. Add +6.9% 2.23% +0.13
XOM Exxon Mobil Corp. Add +190.2% 0.19% +0.12
PAGP Plains GP Holdings LP Add +6.4% 2.90% +0.11
NXPI NXP Semiconductors NV Add +106.0% 0.21% +0.11
RNW Renew Energy Global PLC-A Add +11.8% 0.47% +0.04
EE Excelerate Energy Inc. Class A Add +10.1% 0.20% +0.03
AM Antero Midstream Corp. Add +3.7% 1.09% +0.03
AVA Avista Corp. Add +13.6% 0.32% +0.02
RUN Sunrun Inc. Add +29.7% 0.16% +0.01
NGL NGL Energy Partners LP Add +11.1% 0.00% −0.00
EOG EOG Resources Inc. Add +3.2% 0.04% −0.00
ETRN Equitrans Midstream Corp. Add +0.0% 1.13% −0.02
OKE Oneok Inc. Add +3.5% 7.33% −0.02
OVV Ovintiv Inc. Add +0.0% 0.12% −0.02
D Dominion Energy Inc. Add +0.2% 0.46% −0.03
HUBB Hubbell Inc. Add +9.9% 0.34% −0.03
SEDG Solaredge Technologies Inc. Add +31.5% 0.03% −0.04
MPLX MPLX LP Add +2.4% 8.35% −0.05
ENB Enbridge Inc. Add +4.7% 2.13% −0.05
EXC Exelon Corp. Add +4.8% 0.63% −0.06
EPD Enterprise Products Partners Add +4.8% 6.22% −0.09
TRP TC Energy Corp. Add +0.0% 1.10% −0.13
PAA Plains All Amer Pipeline LP Add +0.3% 4.45% −0.16

Notes & Other Activity Q1 2024 → Q2 2024
0 0 Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 91$9.8BTRGP, WMB, ET, LNG, EPD
Q1 2026 90$9.6BTRGP, WMB, ET, MPLX, LNG
Q4 2025 84$7.9BMPLX, WMB, ET, TRGP, TRP
Q3 2025 82$7.8BWMB, MPLX, ET, LNG, TRP
Q2 2025 55$7.7BWMB, MPLX, ET, LNG, TRGP
Q1 2025 51$8.3BTRGP, MPLX, OKE, ET, LNG
Q4 2024 50$7.8BTRGP, ET, MPLX, LNG, WMB
Q3 2024 84$7.8BTRGP, MPLX, ET, OKE, LNG
Q2 2024 81$7.6BTRGP, MPLX, ET, LNG, OKE
Q1 2024 84$7.2BTRGP, MPLX, OKE, ET, WMB