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Livermore
Livermore
ZHEN

Tortoise Capital Advisors, L.L.C.

SEC CIK
0001280965
Latest filing
Aug 14, 2026

The latest 13F from Tortoise Capital Advisors, L.L.C. covers Q2 2026 (filed Aug 14, 2026): 91 long positions worth $9.84B. The top 10 holdings make up 63.9% of the portfolio, and the largest is Targa Resources Corp. (TRGP) at 9.6%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
9
Est. +$233.1M
Added
45
Est. +$793.4M
Reduced
34
Est. −$796.9M
Sold out
8
Est. −$91.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. TRGPTarga Resources Corp.
    9.6%$946.4MHistory
  2. WMBWilliams Companies, Inc.
    8.5%$836.2MHistory
  3. ETEnergy Transfer LP
    7.4%$726.5MHistory
  4. LNGCheniere Energy, Inc.
    7.1%$703.0MHistory
  5. EPDEnterprise Products Partners L.P.
    7.0%$685.1MHistory

Share of portfolio

Top 5 holdings and the other 86 positions, by share of portfolio value

  1. TRGP9.6%
  2. WMB8.5%
  3. ET7.4%
  4. LNG7.1%
  5. EPD7.0%
  6. Other 86 positions60.4%

Biggest buys

New and added positions, by estimated amount bought

  1. EPDEnterprise Products Partners L.P.
    +$138.8MAddedHistory
  2. VGVenture Global, Inc.
    +$106.4MNewHistory
  3. LNGCheniere Energy, Inc.
    +$91.6MAddedHistory
  4. PAAPlains All American Pipeline LP
    +$62.6MAddedHistory
  5. ETREntergy Corp
    +$60.1MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. EPDEnterprise Products Partners L.P.
    +1.11 pp5.9% → 7.0%History
  2. VGVenture Global, Inc.
    +1.08 pp0.0% → 1.1%History
  3. ETREntergy Corp
    +0.61 pp0.5% → 1.1%History
  4. PWRQuanta Services, Inc.
    +0.58 pp0.1% → 0.7%History
  5. PAAPlains All American Pipeline LP
    +0.57 pp2.5% → 3.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MPLXMPLX LP
    −$155.5MReducedHistory
  2. KMIKinder Morgan, Inc.
    −$116.5MReducedHistory
  3. WESWestern Midstream Partners, LP
    −$99.5MReducedHistory
  4. CWENClearway Energy, Inc.
    −$80.2MReducedHistory
  5. EVRGEvergy, Inc.
    −$56.5MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. MPLXMPLX LP
    −1.87 pp7.9% → 6.0%History
  2. KMIKinder Morgan, Inc.
    −1.37 pp2.7% → 1.4%History
  3. CWENClearway Energy, Inc.
    −0.97 pp1.1% → 0.1%History
  4. WESWestern Midstream Partners, LP
    −0.87 pp3.8% → 2.9%History
  5. ETEnergy Transfer LP
    −0.55 pp7.9% → 7.4%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$9.84B
+$237.4M (+2.5%) vs. prior quarter
Positions
91
+1 vs. prior quarter
Top 10 concentration
63.9%
Top 10 as share of value
Turnover
9.1%
Q2 2026, one quarter
Average holding period
19.1 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $9.84B (Q2 2026)

Q1 2021: $5.98BQ2 2021: $6.59BQ3 2021: $6.19BQ4 2021: $6.62BQ1 2022: $7.53BQ2 2022: $6.40BQ3 2022: $6.34BQ4 2022: $6.66BQ1 2023: $6.65BQ2 2023: $6.56BQ3 2023: $6.56BQ4 2023: $6.48BQ1 2024: $7.16BQ2 2024: $7.56BQ3 2024: $7.76BQ4 2024: $7.81BQ1 2025: $8.27BQ2 2025: $7.67BQ3 2025: $7.75BQ4 2025: $7.86BQ1 2026: $9.60BQ2 2026: $9.84B
Q1 2021Q2 2026
13F filings of Tortoise Capital Advisors, L.L.C. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202691$9.84BTRGPWMBETvs. Q1 2026SEC
Q1 2026May 15, 202690$9.60BTRGPWMBETvs. Q4 2025SEC
Q4 2025Feb 17, 202684$7.86BMPLXWMBETvs. Q3 2025SEC
Q3 2025Nov 13, 202582$7.75BWMBMPLXETvs. Q2 2025SEC
Q2 2025Aug 14, 202555$7.67BWMBMPLXETvs. Q1 2025SEC
Q1 2025May 14, 202551$8.27BTRGPMPLXOKEvs. Q4 2024SEC
Q4 2024Feb 13, 202550$7.81BTRGPETMPLXvs. Q3 2024SEC
Q3 2024Nov 13, 202484$7.76BTRGPMPLXETvs. Q2 2024SEC
Q2 2024Aug 5, 202481$7.56BTRGPMPLXETvs. Q1 2024SEC
Q1 2024May 10, 202484$7.16BTRGPMPLXOKEvs. Q4 2023SEC
Q4 2023Feb 14, 202497$6.48BTRGPLNGETvs. Q3 2023SEC
Q3 2023Nov 13, 202395$6.56BTRGPLNGETvs. Q2 2023SEC
Q2 2023Aug 14, 2023101$6.56BTRGPLNGETvs. Q1 2023SEC
Q1 2023May 11, 2023103$6.65BTRGPLNGETvs. Q4 2022SEC
Q4 2022Feb 13, 2023108$6.66BTRGPLNGETvs. Q3 2022SEC
Q3 2022Nov 14, 2022115$6.34BLNGTRGPETvs. Q2 2022SEC
Q2 2022Aug 15, 2022Amended154$6.40BLNGTRGPETvs. Q1 2022SEC
Q1 2022May 16, 2022156$7.53BTRGPLNGOKEvs. Q4 2021SEC
Q4 2021Feb 14, 2022145$6.62BWMBTRGPLNGvs. Q3 2021SEC
Q3 2021Nov 4, 2021165$6.19BTRGPMPLXLNGvs. Q2 2021SEC
Q2 2021Aug 10, 2021153$6.59BMPLXETEPDvs. Q1 2021SEC
Q1 2021May 17, 2021146$5.98BMPLXEPDWMB–SEC

13D and 13G filings

Companies where Tortoise Capital Advisors, L.L.C. reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Tortoise Capital Advisors, L.L.C. does not currently report owning 5% or more of any company.

Latest filings

28 filings on file made by Tortoise Capital Advisors, L.L.C. or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Tortoise Capital Advisors, L.L.C.
CompanyFiled (ET)FormStakeChangeEvent dateFiling
HESMHess Midstream LPNov 14, 202510:51 AM ET13G/A3.70%4.83M shares–Below 5%Sep 30, 2025SEC
PAGPPlains GP Holdings LPFeb 9, 202413GOld format–––SEC
HESMHess Midstream LPFeb 9, 202413GOld format–––SEC
PAGPPlains GP Holdings LPFeb 14, 202313GOld format–––SEC
NSNuStar Energy L.P.Feb 13, 202313GOld format–––SEC
NSNuStar Energy L.P.Feb 11, 202213GOld format–––SEC
PAGPPlains GP Holdings LPFeb 11, 202213GOld format–––SEC
BP Midstream Partners LPMar 9, 202113G/AOld format–––SEC
NSNuStar Energy L.P.Feb 12, 202113G/AOld format–––SEC
DKLDelek Logistics Partners, LPFeb 12, 202113G/AOld format–––SEC
AMAntero Midstream CorpFeb 12, 202113G/AOld format–––SEC
KNOPKNOT Offshore Partners LPFeb 12, 202113G/AOld format–––SEC
ENLCEnLink Midstream, LLCFeb 12, 202113G/AOld format–––SEC
GLOP.PAGasLog Partners LPFeb 12, 202113G/AOld format–––SEC
HESMHess Midstream LPFeb 12, 202113G/AOld format–––SEC
HEPHolly Energy Partners LPFeb 12, 202113G/AOld format–––SEC
BP Midstream Partners LPFeb 12, 202113G/AOld format–––SEC
USDPUSD Partners LPFeb 12, 202113G/AOld format–––SEC
BP Midstream Partners LPFeb 12, 202113G/AOld format–––SEC
TRGPTarga Resources Corp.Feb 12, 202113G/AOld format–––SEC