Heronetta Management, L.P. Long-Term Concentrated

Location: New York, NY

CIK: 0001588225 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 4, 2026

Total Value: $173M (100.0% shares, 0.0% debt)

Holdings (25)

MPLX MPLX LP 10.0%

Value $17.27M Shares 323,639 Est. Cost $33.25 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 9.2%

Value $15.92M Shares 496,448 Est. Cost $41.53 Unrealized —

WMB WILLIAMS COS INC 8.7%

Value $15.04M Shares 250,152 Est. Cost $19.29 Unrealized +211.4%

ET ENERGY TRANSFER L P 7.6%

Value $13.23M Shares 802,129 Est. Cost $19.37 Unrealized —

ENB ENBRIDGE INC 7.2%

Value $12.42M Shares 193,266 Est. Cost $27.88 Unrealized +69.0%

OKE ONEOK INC NEW 6.0%

Value $10.39M Shares 141,402 Est. Cost $48.10 Unrealized +46.5%

TRP TC ENERGY CORP 5.9%

Value $10.12M Shares 137,316 Est. Cost $36.20 Unrealized +47.4%

PBA PEMBINA PIPELINE CORP 5.8%

Value $10.09M Shares 197,698 Est. Cost $25.14 Unrealized +53.0%

CP CANADIAN PACIFIC KANSAS CITY 5.2%

Value $9.024M Shares 89,300 Est. Cost $77.44 Unrealized -5.0%

CNQ CANADIAN NAT RES LTD 5.2%

Value $9M Shares 193,600 Est. Cost $21.64 Unrealized +49.8%

WES WESTERN MIDSTREAM PARTNERS L 4.7%

Value $8.151M Shares 206,361 Est. Cost $24.99 Unrealized —

SU SUNCOR ENERGY INC NEW 4.6%

Value $8.041M Shares 132,000 Est. Cost $23.77 Unrealized +77.8%

CNI CANADIAN NATL RY CO 4.2%

Value $7.249M Shares 53,400 Est. Cost $62.81 Unrealized +53.1%

FTS FORTIS INC 3.5%

Value $6.137M Shares 86,000 Est. Cost $24.65 Unrealized +106.2%

EMA EMERA INC 2.6%

Value $4.498M Shares 66,500 Est. Cost $43.35 Unrealized +11.4%

PAGP PLAINS GP HLDGS L P 2.0%

Value $3.509M Shares 183,325 Est. Cost $11.05 Unrealized —

HESM HESS MIDSTREAM LP 1.9%

Value $3.24M Shares 93,905 Est. Cost $12.98 Unrealized +151.3%

KMI KINDER MORGAN INC DEL 1.4%

Value $2.439M Shares 88,725 Est. Cost $12.86 Unrealized +109.3%

TAC TRANSALTA CORP 1.2%

Value $2.118M Shares 122,000 Est. Cost $9.35 Unrealized +59.6%

TRGP TARGA RES CORP 1.1%

Value $1.89M Shares 10,242 Est. Cost $65.29 Unrealized +157.4%

SOBO SOUTH BOW CORP 1.0%

Value $1.733M Shares 46,497 Est. Cost $23.11 Unrealized +17.5%

LNG CHENIERE ENERGY INC 0.3%

Value $485K Shares 2,497 Est. Cost $175.04 Unrealized +20.0%

CVE CENOVUS ENERGY INC 0.2%

Value $348K Shares 15,000 Est. Cost $10.88 Unrealized +59.6%

CQP CHENIERE ENERGY PARTNERS LP 0.2%

Value $311K Shares 5,810 Est. Cost $56.87 Unrealized —

AM ANTERO MIDSTREAM CORP 0.2%

Value $301K Shares 16,910 Est. Cost $8.56 Unrealized +107.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MPLX	MPLX LP	323,639	$17.27M	10.0%	$33.25	—	COM UNIT REP LTD	55336V100
EPD	ENTERPRISE PRODS PARTNERS L	496,448	$15.92M	9.2%	$41.53	—	COM	293792107
WMB	WILLIAMS COS INC	250,152	$15.04M	8.7%	$19.29	+211.4%	COM	969457100
ET	ENERGY TRANSFER L P	802,129	$13.23M	7.6%	$19.37	—	COM UT LTD PTN	29273V100
ENB	ENBRIDGE INC	193,266	$12.42M	7.2%	$27.88	+69.0%	COM	29250N105
OKE	ONEOK INC NEW	141,402	$10.39M	6.0%	$48.10	+46.5%	COM	682680103
TRP	TC ENERGY CORP	137,316	$10.12M	5.9%	$36.20	+47.4%	COM	87807B107
PBA	PEMBINA PIPELINE CORP	197,698	$10.09M	5.8%	$25.14	+53.0%	COM	706327103
CP	CANADIAN PACIFIC KANSAS CITY	89,300	$9.024M	5.2%	$77.44	-5.0%	COM	13646K108
CNQ	CANADIAN NAT RES LTD	193,600	$9M	5.2%	$21.64	+49.8%	COM	136385101
WES	WESTERN MIDSTREAM PARTNERS L	206,361	$8.151M	4.7%	$24.99	—	COM UNIT LP INT	958669103
SU	SUNCOR ENERGY INC NEW	132,000	$8.041M	4.6%	$23.77	+77.8%	COM	867224107
CNI	CANADIAN NATL RY CO	53,400	$7.249M	4.2%	$62.81	+53.1%	COM	136375102
FTS	FORTIS INC	86,000	$6.137M	3.5%	$24.65	+106.2%	COM	349553107
EMA	EMERA INC	66,500	$4.498M	2.6%	$43.35	+11.4%	COM	290876101
PAGP	PLAINS GP HLDGS L P	183,325	$3.509M	2.0%	$11.05	—	LTD PARTNR INT A	72651A207
HESM	HESS MIDSTREAM LP	93,905	$3.24M	1.9%	$12.98	+151.3%	CL A SHS	428103105
KMI	KINDER MORGAN INC DEL	88,725	$2.439M	1.4%	$12.86	+109.3%	COM	49456B101
TAC	TRANSALTA CORP	122,000	$2.118M	1.2%	$9.35	+59.6%	COM	89346D107
TRGP	TARGA RES CORP	10,242	$1.89M	1.1%	$65.29	+157.4%	COM	87612G101
SOBO	SOUTH BOW CORP	46,497	$1.733M	1.0%	$23.11	+17.5%	COM	83671M105
LNG	CHENIERE ENERGY INC	2,497	$485K	0.3%	$175.04	+20.0%	COM NEW	16411R208
CVE	CENOVUS ENERGY INC	15,000	$348K	0.2%	$10.88	+59.6%	COM	15135U109
CQP	CHENIERE ENERGY PARTNERS LP	5,810	$311K	0.2%	$56.87	—	COM UNIT	16411Q101
AM	ANTERO MIDSTREAM CORP	16,910	$301K	0.2%	$8.56	+107.4%	COM	03676B102