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Livermore
Livermore
ZHEN

Cushing Asset Management, LP

SEC CIK
0001329375
Latest filing
Jul 28, 2026

Holdings in Q1 2026

Holdings as of Mar 31, 2026, filed Apr 28, 2026. Long positions only; changes compare share counts with Q4 2025.

Institution overview
Positions
64
+4 vs. Q4 2025
Portfolio value
$2.01B
+$265.0M (+15.2%) vs. Q4 2025
Filed
Apr 28, 2026
SEC
Holdings of Cushing Asset Management, LP in Q1 2026
SecurityClassSharesValue% of portfolioShare changeActionHistory
TRGPTarga Resources Corp.COM652,300$163.6M8.1%−29,000−4.3%ReducedHistory
ETEnergy Transfer LPCOM UT LTD PTN7,997,600$154.4M7.7%+6,000+0.1%AddedHistory
WMBWilliams Companies, Inc.COM1,700,100$123.7M6.2%+105,000+6.6%AddedHistory
MPLXMPLX LPCOM UNIT REP LTD1,859,100$106.1M5.3%−24,700−1.3%ReducedHistory
DTMDT Midstream, Inc.COMMON STOCK727,100$97.9M4.9%−22,200−3.0%ReducedHistory
OKEONEOK IncCOM1,069,900$96.7M4.8%−228,016−17.6%ReducedHistory
KMIKinder Morgan, Inc.Stock2,722,300$91.3M4.5%−142,700−5.0%ReducedHistory
KNTKKinetik Holdings Inc.COM NEW CL A1,874,000$90.7M4.5%+30,600+1.7%AddedHistory
PAGPPlains GP Holdings LPLTD PARTNR INT A3,460,000$84.0M4.2%−265,000−7.1%ReducedHistory
TRPTC Energy CorpCOM1,280,600$80.2M4.0%−14,900−1.2%ReducedHistory
LNGCheniere Energy, Inc.COM NEW279,800$79.4M4.0%−45,000−13.9%ReducedHistory
WESWestern Midstream Partners, LPCOM UNIT LP INT1,676,900$69.0M3.4%+136,000+8.8%AddedHistory
EPDEnterprise Products Partners L.P.Stock1,745,500$66.0M3.3%−47,000−2.6%ReducedHistory
PBAPembina Pipeline CorpCOM1,357,100$60.7M3.0%+10,000+0.7%AddedHistory
ENBEnbridge IncStock1,001,500$54.2M2.7%+400,000+66.5%AddedHistory
MPCMarathon Petroleum CorpStock142,800$34.9M1.7%+60,300+73.1%AddedHistory
PSXPhillips 66Stock180,100$32.8M1.6%−10,800−5.7%ReducedHistory
SOBOSouth Bow CorpCOM865,500$28.8M1.4%−625,000−41.9%ReducedHistory
TLNTalen Energy CorpCOM89,300$28.5M1.4%−27,900−23.8%ReducedHistory
VSTVistra Corp.Stock183,600$27.6M1.4%−25,100−12.0%ReducedHistory
EQTEQT CorpStock403,258$25.7M1.3%+59,000+17.1%AddedHistory
NRGNRG Energy, Inc.Stock170,500$24.9M1.2%+8,500+5.2%AddedHistory
CEGConstellation Energy CorpStock82,700$23.1M1.1%−34,000−29.1%ReducedHistory
MTZMastec IncCOM70,900$22.8M1.1%+400+0.6%AddedHistory
SEISolaris Energy Infrastructure, Inc.COM CL A388,000$21.9M1.1%+327,000+536.1%AddedHistory
PRIMPrimoris Services CorpStock152,000$21.7M1.1%+25,000+19.7%AddedHistory
GEVGE Vernova Inc.Stock24,000$20.9M1.0%−23,850−49.8%ReducedHistory
PWRQuanta Services, Inc.COM38,000$20.9M1.0%−1,000−2.6%ReducedHistory
AGXArgan IncStock38,000$20.7M1.0%+3,000+8.6%AddedHistory
BEBloom Energy CorpCOM CL A135,000$18.3M0.9%+20,000+17.4%AddedHistory
NXTNextpower Inc.Stock143,000$17.2M0.9%−20,000−12.3%ReducedHistory
APCARKO Petroleum Corp.CL A COM712,451$12.7M0.6%+712,451NewHistory
SUNCSunocoCorp LLCCOM SHS LLC200,000$12.3M0.6%+200,000NewHistory
DYDycom Industries IncCOM36,000$12.2M0.6%+21,000+140.0%AddedHistory
CRWDCrowdStrike Holdings, Inc.Stock30,000$11.7M0.6%+5,000+20.0%AddedHistory
PANWPalo Alto Networks IncStock72,000$11.5M0.6%+25,000+53.2%AddedHistory
DOCNDigitalOcean Holdings, Inc.COM132,200$11.3M0.6%+16,200+14.0%AddedHistory
EEExcelerate Energy, Inc.CL A COM325,000$10.9M0.5%+325,000NewHistory
NETCloudflare, Inc.CL A COM50,000$10.3M0.5%+20,000+66.7%AddedHistory
VNOMViper Energy, Inc.CL A205,000$9.63M0.5%−74,000−26.5%ReducedHistory
NEENextera Energy IncStock95,000$8.82M0.4%+45,000+90.0%AddedHistory
TXOTXO Partners, L.P.COM UNIT581,000$7.31M0.4%00.0%UnchangedHistory
ETREntergy CorpCOM63,000$7.08M0.4%00.0%UnchangedHistory
WTTRSelect Water Solutions, Inc.CL A COM420,000$6.43M0.3%+420,000NewHistory
DLRDigital Realty Trust, Inc.COM34,000$6.13M0.3%00.0%UnchangedHistory
MWHSOLV Energy, Inc.COM SHS CL A200,000$6.01M0.3%+200,000NewHistory
WBIWaterBridge Infrastructure LLCCL A SHS REPSTG202,500$5.42M0.3%+202,500NewHistory
IRENIREN LtdORDINARY SHARES157,000$5.38M0.3%+4,000+2.6%AddedHistory
ARLPAlliance Resource Partners LPStock191,000$5.28M0.3%00.0%UnchangedHistory
STRLSterling Infrastructure, Inc.COM11,550$4.70M0.2%+11,550NewHistory
DUKDuke Energy CORPStock35,000$4.58M0.2%+35,000NewHistory
AMAntero Midstream CorpStock201,000$4.58M0.2%−115,000−36.4%ReducedHistory
SNOWSnowflake Inc.Stock29,000$4.37M0.2%+6,000+26.1%AddedHistory
SOSouthern CoStock45,000$4.34M0.2%00.0%UnchangedHistory
WECWec Energy Group, Inc.Stock35,000$4.05M0.2%00.0%UnchangedHistory
AEPAmerican Electric Power Co IncStock25,000$3.28M0.2%00.0%UnchangedHistory
GELGenesis Energy LPUNIT LTD PARTN151,000$2.69M0.1%−34,700−18.7%ReducedHistory
CIFRCipher Digital Inc.COM170,000$2.19M0.1%+170,000NewHistory
NGLNGL Energy Partners LPCOM UNIT REPST150,000$1.85M0.1%00.0%UnchangedHistory
PAAPlains All American Pipeline LPUNIT LTD PARTN55,300$1.23M0.1%−100,000−64.4%ReducedHistory
CVECenovus Energy Inc.COM30,000$795.9K<0.1%−430,000−93.5%ReducedHistory
GLNGGolar LNG LtdSHS7,000$378.8K<0.1%+7,000NewHistory
CLSKCleanspark, Inc.COM NEW32,000$272.3K<0.1%+12,000+60.0%AddedHistory
NFENew Fortress Energy Inc.COM CL A100,000$59.0K<0.1%00.0%UnchangedHistory

Options (2)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Cushing Asset Management, LP in Q1 2026
SecurityClassPutsCalls
State Street Energy Select Sector SPDR ETF81369Y506ETF$6.13M–
Alps ETF Tr00162Q452ALERIAN MLP$5.26M–

Sold out since Q4 2025 (6)

Positions held at the end of Q4 2025 that are gone from this filing.

Positions of Cushing Asset Management, LP sold out since Q4 2025
SecurityClassShares in Q4 2025Value in Q4 2025% of portfolio in Q4 2025History
HESMHess Midstream LPCL A SHS1,357,200$46.8M2.7%History
FSLRFirst Solar, Inc.Stock68,000$17.8M1.0%History
MSFTMicrosoft CorpStock10,000$4.84M0.3%History
ORCLOracle CorpStock23,000$4.48M0.3%History
PEGPublic Service Enterprise Group IncCOM49,000$3.93M0.2%History
Cyberark Software LtdM2682V108SHS7,000$3.12M0.2%–