Tortoise Index Solutions, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Tortoise Index Solutions, LLC reported 64 stock positions worth $496.8 million. Its top holding was Williams Cos (WMB) at 7.6% of the portfolio, followed by Oneok (OKE, 7.3%) and Enbridge (ENB, 7.3%). Compared with Q4 2023, it opened 2 new positions, sold out of 1, added to 5 and reduced 57. The biggest buy was a new position in Veralto (VLTO) and the biggest sale TC Energy (TRP, shares −16%).

Most Recent 13F
Q1 2024
Location
OVERLAND PARK, KS
CIK
0001650373
Portfolio Value
$496.8M (Q1 2024)
SEC Filing
0001280965-24-000035 ↗ filed May 10, 2024

Holdings 64 stocks · $496.8M
WMB Williams Cos Inc. 7.55% 962,727 $37.5M Reduce -12.9%
OKE Oneok Inc. 7.31% 453,260 $36.3M Reduce -21.6%
ENB Enbridge Inc. 7.31% 1,003,379 $36.3M Reduce -11.7%
TRP TC Energy Corp. 7.11% 878,332 $35.3M Reduce -15.9%
LNG Cheniere Energy Inc. 7.02% 216,193 $34.9M Add +1.3%
KMI Kinder Morgan Inc. 6.63% 1,794,668 $32.9M Reduce -14.1%
TRGP Targa Resources Corp. 4.05% 179,849 $20.1M Reduce -27.1%
EPD Enterprise Products Partners 3.93% 669,875 $19.5M Reduce -15.8%
ET Energy Transfer LP 3.92% 1,238,052 $19.5M Reduce -21.0%
ATO Atmos Energy Corp. 3.90% 162,817 $19.4M Reduce -11.6%
NI Nisource Inc. 3.85% 691,842 $19.1M Reduce -15.2%
PBA Pembina Pipeline Corp. 3.79% 533,672 $18.8M Reduce -15.9%
MPLX MPLX LP 3.04% 363,384 $15.1M Reduce -21.6%
ETRN Equitrans Midstream Corp. 1.82% 725,054 $9.1M Reduce -15.2%
PAA Plains All Amer Pipeline LP 1.67% 472,495 $8.3M Reduce -21.6%
NFG National Fuel Gas Co. 1.67% 154,174 $8.3M Reduce -14.9%
AM Antero Midstream Corp. 1.61% 569,981 $8.0M Reduce -15.2%
SWX Southwest Gas Holdings Inc. 1.54% 100,539 $7.7M Reduce -15.2%
NJR New Jersey Resources Corp. 1.42% 164,510 $7.1M Reduce -14.5%
WES Western Midstream Partners L 1.41% 196,775 $7.0M Reduce -21.6%
DTM DT Midstream Inc. 1.24% 100,557 $6.1M Reduce -21.5%
OGS One Gas Inc. 1.21% 92,801 $6.0M Reduce -15.2%
SR Spire Inc. 1.14% 92,013 $5.6M Reduce -11.3%
ENLC Enlink Midstream LLC 1.09% 397,556 $5.4M Reduce -15.2%
AROC Archrock Inc. 0.91% 229,821 $4.5M Reduce -15.2%
ECL Ecolab Inc. 0.81% 17,446 $4.0M Reduce -7.3%
CPK Chesapeake Utilities Corp. 0.80% 37,210 $4.0M Reduce -12.9%
XYL Xylem Inc. 0.80% 30,866 $4.0M Reduce -8.5%
PAGP Plains GP Holdings LP 0.75% 203,680 $3.7M Reduce -21.6%
SUN Sunoco LP 0.70% 57,535 $3.5M Reduce -21.6%
NFE New Fortress Energy Inc. 0.68% 109,797 $3.4M Reduce -15.2%
AWK American Water Works Co. Inc. 0.67% 27,300 $3.3M Add +1.2%
HESM Hess Midstream LP Class A 0.60% 82,821 $3.0M Reduce -8.3%
NS Nustar Energy LP 0.55% 117,496 $2.7M Reduce -21.6%
VLTO Veralto Corp. 0.55% 30,748 $2.7M New
KNTK Kinetik Holdings Inc. 0.47% 58,286 $2.3M Add +32.1%
NWN Northwest Natural Holding Co. 0.46% 61,547 $2.3M Reduce -15.2%
PNR Pentair PLC 0.45% 26,272 $2.2M Reduce -8.6%
WMS Advanced Drainage Systems Inc. 0.44% 12,731 $2.2M Reduce -6.3%
AOS Smith (a.o.) Corp. 0.43% 24,078 $2.2M Reduce -1.1%
IEX Idex Corp. 0.43% 8,773 $2.1M Reduce -6.0%
CQP Cheniere Energy Partners LP 0.39% 39,230 $1.9M Reduce -17.4%
TTEK Tetra Tech Inc. 0.39% 10,481 $1.9M Reduce -0.7%
CNM Core & Main Inc. Class A 0.39% 33,438 $1.9M Add +35.9%
STN Stantec Inc. 0.37% 22,360 $1.9M Add +1.6%
WTRG Essential Utilities Inc. 0.37% 49,288 $1.8M Reduce -1.1%
USAC USA Compression Partners LP 0.33% 61,160 $1.6M Reduce -21.6%
GEL Genesis Energy L.P. 0.26% 115,526 $1.3M Reduce -21.6%
GLP Global Partners LP 0.26% 28,555 $1.3M Reduce -21.6%
WTS Watts Water Technologies-A 0.23% 5,365 $1.1M Reduce -1.1%
BMI Badger Meter Inc. 0.19% 5,753 $931K Reduce -1.1%
ZWS Zurn Elkay Water Solutions C 0.19% 27,647 $925K Reduce -1.6%
FELE Franklin Electric Co. Inc. 0.17% 7,776 $831K Reduce -1.1%
CWT California Water Service Grp 0.11% 11,313 $526K Reduce -1.1%
MWA Mueller Water Products Inc. Class A 0.10% 30,615 $493K Reduce -1.3%
KGS Kodiak Gas Services Inc. 0.09% 16,855 $461K Reduce -21.6%
CAPL Crossamerica Partners LP 0.09% 18,900 $431K Reduce -21.6%
DKL Delek Logistics Partners LP 0.07% 9,042 $371K Reduce -21.6%
HTO H2O America filed as SJW GROUP 0.06% 5,696 $322K Reduce -1.1%
EE Excelerate Energy Inc. Class A 0.06% 18,518 $297K Reduce -21.6%
LNN Lindsay Corp. 0.05% 2,162 $254K Reduce -1.0%
ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP 0.04% 5,444 $213K New
ERII Energy Recovery Inc. 0.04% 11,079 $175K Reduce -0.9%
WTTR Select Water Solutions Inc. 0.03% 15,889 $147K Reduce -1.1%

Portfolio Sells Q4 2023 → Q1 2024
TRP TC Energy Corp. Reduce -15.9% 7.11% −0.48
ENB Enbridge Inc. Reduce -11.7% 7.31% −0.30
PBA Pembina Pipeline Corp. Reduce -15.9% 3.79% −0.27
OKE Oneok Inc. Reduce -21.6% 7.31% −0.23
NFE New Fortress Energy Inc. Reduce -15.2% 0.68% −0.23
KMI Kinder Morgan Inc. Reduce -14.1% 6.63% −0.23
NJR New Jersey Resources Corp. Reduce -14.5% 1.42% −0.17
NI Nisource Inc. Reduce -15.2% 3.85% −0.17
MPLX MPLX LP Reduce -21.6% 3.04% −0.12
SUN Sunoco LP Reduce -21.6% 0.70% −0.12
AWR American States Water Co. Sold out 0.00% −0.11
ET Energy Transfer LP Reduce -21.0% 3.92% −0.10
OGS One Gas Inc. Reduce -15.2% 1.21% −0.09
ATO Atmos Energy Corp. Reduce -11.6% 3.90% −0.07
DTM DT Midstream Inc. Reduce -21.5% 1.24% −0.07
SR Spire Inc. Reduce -11.3% 1.14% −0.07
NWN Northwest Natural Holding Co. Reduce -15.2% 0.46% −0.06
GEL Genesis Energy L.P. Reduce -21.6% 0.26% −0.06
CQP Cheniere Energy Partners LP Reduce -17.4% 0.39% −0.05
CPK Chesapeake Utilities Corp. Reduce -12.9% 0.80% −0.04
GLP Global Partners LP Reduce -21.6% 0.26% −0.03
PAA Plains All Amer Pipeline LP Reduce -21.6% 1.67% −0.03
NFG National Fuel Gas Co. Reduce -14.9% 1.67% −0.02
PAGP Plains GP Holdings LP Reduce -21.6% 0.75% −0.02
DKL Delek Logistics Partners LP Reduce -21.6% 0.07% −0.02
CAPL Crossamerica Partners LP Reduce -21.6% 0.09% −0.02
EE Excelerate Energy Inc. Class A Reduce -21.6% 0.06% −0.01
HTO H2O America Reduce -1.1% 0.06% −0.01
CWT California Water Service Grp Reduce -1.1% 0.11% −0.00
ERII Energy Recovery Inc. Reduce -0.9% 0.04% −0.00
USAC USA Compression Partners LP Reduce -21.6% 0.33% −0.00
LNN Lindsay Corp. Reduce -1.0% 0.05% −0.00
WTTR Select Water Solutions Inc. Reduce -1.1% 0.03% +0.01
KGS Kodiak Gas Services Inc. Reduce -21.6% 0.09% +0.01
MWA Mueller Water Products Inc. Class A Reduce -1.3% 0.10% +0.02
WTS Watts Water Technologies-A Reduce -1.1% 0.23% +0.02
BMI Badger Meter Inc. Reduce -1.1% 0.19% +0.02
WTRG Essential Utilities Inc. Reduce -1.1% 0.37% +0.02
FELE Franklin Electric Co. Inc. Reduce -1.1% 0.17% +0.03
NS Nustar Energy LP Reduce -21.6% 0.55% +0.03
ENLC Enlink Midstream LLC Reduce -15.2% 1.09% +0.03
ZWS Zurn Elkay Water Solutions C Reduce -1.6% 0.19% +0.03
EPD Enterprise Products Partners Reduce -15.8% 3.93% +0.04
WES Western Midstream Partners L Reduce -21.6% 1.41% +0.04
AM Antero Midstream Corp. Reduce -15.2% 1.61% +0.05
IEX Idex Corp. Reduce -6.0% 0.43% +0.05
AOS Smith (a.o.) Corp. Reduce -1.1% 0.43% +0.06
TTEK Tetra Tech Inc. Reduce -0.7% 0.39% +0.06
PNR Pentair PLC Reduce -8.6% 0.45% +0.06
HESM Hess Midstream LP Class A Reduce -8.3% 0.60% +0.07

Portfolio Buys Q4 2023 → Q1 2024
VLTO Veralto Corp. New 0.55% +0.55
LNG Cheniere Energy Inc. Add +1.3% 7.02% +0.25
CNM Core & Main Inc. Class A Add +35.9% 0.39% +0.20
KNTK Kinetik Holdings Inc. Add +32.1% 0.47% +0.19
STN Stantec Inc. Add +1.6% 0.37% +0.05
ONT Onterris Inc. New 0.04% +0.04
AWK American Water Works Co. Inc. Add +1.2% 0.67% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2024 64$496.8MWMB, OKE, ENB, TRP, LNG