Heronetta Management, L.P. Long-Term Concentrated

Location: New York, NY

CIK: 0001588225 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $183M (100.0% shares, 0.0% debt)

Holdings (24)

MPLX MPLX LP 10.4%

Value $19.06M Shares 356,064 Est. Cost $33.25 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 10.2%

Value $18.75M Shares 549,248 Est. Cost $41.53 Unrealized —

WMB WILLIAMS COS INC 9.0%

Value $16.51M Shares 276,277 Est. Cost $19.29 Unrealized +187.4%

ET ENERGY TRANSFER L P 9.0%

Value $16.44M Shares 884,154 Est. Cost $19.37 Unrealized —

OKE ONEOK INC NEW 8.5%

Value $15.56M Shares 156,802 Est. Cost $48.10 Unrealized +97.4%

ENB ENBRIDGE INC 6.7%

Value $12.29M Shares 197,374 Est. Cost $27.88 Unrealized +48.4%

PBA PEMBINA PIPELINE CORP 6.0%

Value $11.07M Shares 197,698 Est. Cost $25.14 Unrealized +45.7%

WES WESTERN MIDSTREAM PARTNERS L 5.1%

Value $9.33M Shares 227,773 Est. Cost $24.99 Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 4.9%

Value $9.018M Shares 89,300 Est. Cost $77.44 Unrealized -2.4%

CNQ CANADIAN NAT RES LTD 4.7%

Value $8.573M Shares 193,600 Est. Cost $21.64 Unrealized +36.6%

TRP TC ENERGY CORP 4.6%

Value $8.436M Shares 127,486 Est. Cost $35.23 Unrealized +29.1%

CNI CANADIAN NATL RY CO 4.1%

Value $7.478M Shares 53,400 Est. Cost $62.81 Unrealized +58.2%

SU SUNCOR ENERGY INC NEW 4.0%

Value $7.355M Shares 132,000 Est. Cost $23.77 Unrealized +57.6%

FTS FORTIS INC 3.1%

Value $5.637M Shares 86,000 Est. Cost $24.65 Unrealized +71.0%

HESM HESS MIDSTREAM LP 2.4%

Value $4.354M Shares 102,955 Est. Cost $12.98 Unrealized +188.1%

PAGP PLAINS GP HLDGS L P 2.3%

Value $4.195M Shares 196,395 Est. Cost $10.96 Unrealized —

KMI KINDER MORGAN INC DEL 1.5%

Value $2.714M Shares 95,125 Est. Cost $12.86 Unrealized +107.7%

TRGP TARGA RES CORP 1.1%

Value $2.053M Shares 10,242 Est. Cost $65.29 Unrealized +198.2%

SOBO SOUTH BOW CORP 0.9%

Value $1.685M Shares 46,497 Est. Cost $23.11 Unrealized +4.2%

TAC TRANSALTA CORP 0.6%

Value $1.034M Shares 77,000 Est. Cost $7.92 Unrealized +39.9%

LNG CHENIERE ENERGY INC 0.3%

Value $512K Shares 2,213 Est. Cost $167.78 Unrealized +34.2%

CQP CHENIERE ENERGY PARTNERS LP 0.2%

Value $384K Shares 5,810 Est. Cost $56.87 Unrealized —

AM ANTERO MIDSTREAM CORP 0.2%

Value $304K Shares 16,910 Est. Cost $8.56 Unrealized +83.1%

CVE CENOVUS ENERGY INC 0.2%

Value $300K Shares 15,000 Est. Cost $10.88 Unrealized +30.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MPLX	MPLX LP	356,064	$19.06M	10.4%	$33.25	—	COM UNIT REP LTD	55336V100
EPD	ENTERPRISE PRODS PARTNERS L	549,248	$18.75M	10.2%	$41.53	—	COM	293792107
WMB	WILLIAMS COS INC	276,277	$16.51M	9.0%	$19.29	+187.4%	COM	969457100
ET	ENERGY TRANSFER L P	884,154	$16.44M	9.0%	$19.37	—	COM UT LTD PTN	29273V100
OKE	ONEOK INC NEW	156,802	$15.56M	8.5%	$48.10	+97.4%	COM	682680103
ENB	ENBRIDGE INC	197,374	$12.29M	6.7%	$27.88	+48.4%	COM	29250N105
PBA	PEMBINA PIPELINE CORP	197,698	$11.07M	6.0%	$25.14	+45.7%	COM	706327103
WES	WESTERN MIDSTREAM PARTNERS L	227,773	$9.33M	5.1%	$24.99	—	COM UNIT LP INT	958669103
CP	CANADIAN PACIFIC KANSAS CITY	89,300	$9.018M	4.9%	$77.44	-2.4%	COM	13646K108
CNQ	CANADIAN NAT RES LTD	193,600	$8.573M	4.7%	$21.64	+36.6%	COM	136385101
TRP	TC ENERGY CORP	127,486	$8.436M	4.6%	$35.23	+29.1%	COM	87807B107
CNI	CANADIAN NATL RY CO	53,400	$7.478M	4.1%	$62.81	+58.2%	COM	136375102
SU	SUNCOR ENERGY INC NEW	132,000	$7.355M	4.0%	$23.77	+57.6%	COM	867224107
FTS	FORTIS INC	86,000	$5.637M	3.1%	$24.65	+71.0%	COM	349553107
HESM	HESS MIDSTREAM LP	102,955	$4.354M	2.4%	$12.98	+188.1%	CL A SHS	428103105
PAGP	PLAINS GP HLDGS L P	196,395	$4.195M	2.3%	$10.96	—	LTD PARTNR INT A	72651A207
KMI	KINDER MORGAN INC DEL	95,125	$2.714M	1.5%	$12.86	+107.7%	COM	49456B101
TRGP	TARGA RES CORP	10,242	$2.053M	1.1%	$65.29	+198.2%	COM	87612G101
SOBO	SOUTH BOW CORP	46,497	$1.685M	0.9%	$23.11	+4.2%	COM	83671M105
TAC	TRANSALTA CORP	77,000	$1.034M	0.6%	$7.92	+39.9%	COM	89346D107
LNG	CHENIERE ENERGY INC	2,213	$512K	0.3%	$167.78	+34.2%	COM NEW	16411R208
CQP	CHENIERE ENERGY PARTNERS LP	5,810	$384K	0.2%	$56.87	—	COM UNIT	16411Q101
AM	ANTERO MIDSTREAM CORP	16,910	$304K	0.2%	$8.56	+83.1%	COM	03676B102
CVE	CENOVUS ENERGY INC	15,000	$300K	0.2%	$10.88	+30.0%	COM	15135U109