Recurrent Investment Advisors LLC Long-Term Concentrated

CIK: 0001803146 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $53,296 (100.0% shares, 0.0% debt)

Holdings (34)

KMI KINDER MORGAN INC DEL 9.1%

Value ($000) $4,845 Shares 348,050 Est. Cost $13.86 Unrealized -3.6%

EPD ENTERPRISE PRODS PARTNERS L 7.0%

Value ($000) $3,705 Shares 259,096 Est. Cost $23.53 Unrealized —

WMB WILLIAMS COS INC 6.5%

Value ($000) $3,474 Shares 245,493 Est. Cost $15.52 Unrealized -9.9%

PBA PEMBINA PIPELINE CORP 5.8%

Value ($000) $3,104 Shares 165,000 Est. Cost $24.85 Unrealized -5.4%

LNG CHENIERE ENERGY INC 5.7%

Value ($000) $3,063 Shares 91,446 Est. Cost $57.39 Unrealized -10.7%

ET ENERGY TRANSFER LP 5.6%

Value ($000) $2,984 Shares 648,692 Est. Cost $9.90 Unrealized —

ENB ENBRIDGE INC 5.4%

Value ($000) $2,882 Shares 99,059 Est. Cost $24.88 Unrealized +0.5%

TRP TC ENERGY CORP 4.6%

Value ($000) $2,470 Shares 55,761 Est. Cost $37.38 Unrealized -0.2%

PAGP PLAINS GP HLDGS L P 4.5%

Value ($000) $2,404 Shares 428,440 Est. Cost $13.93 Unrealized —

— EQUITRANS MIDSTREAM CORP 4.5%

Value ($000) $2,387 Shares 474,457 Est. Cost $10.12 Unrealized —

— TOTAL S.A. 4.3%

Value ($000) $2,302 Shares 61,806 Est. Cost $43.03 Unrealized —

PSX PHILLIPS 66 4.2%

Value ($000) $2,223 Shares 41,436 Est. Cost $77.64 Unrealized -17.8%

SUN SUNOCO LP 4.0%

Value ($000) $2,143 Shares 137,016 Est. Cost $26.76 Unrealized —

AROC ARCHROCK INC 3.9%

Value ($000) $2,091 Shares 556,006 Est. Cost $5.84 Unrealized -12.5%

MPC MARATHON PETE CORP 3.4%

Value ($000) $1,834 Shares 77,643 Est. Cost $46.23 Unrealized -17.0%

CVE CENOVUS ENERGY INC 2.4%

Value ($000) $1,280 Shares 633,590 Est. Cost $6.63 Unrealized -5.8%

OKE ONEOK INC NEW 2.2%

Value ($000) $1,184 Shares 54,266 Est. Cost $46.25 Unrealized -10.9%

— BARRICK GOLD CORPORATION 1.9%

Value ($000) $990 Shares 53,807 Est. Cost $18.56 Unrealized —

BHP BHP GROUP LTD 1.8%

Value ($000) $955 Shares 26,035 Est. Cost $51.02 Unrealized —

NTR NUTRIEN LTD 1.7%

Value ($000) $927 Shares 27,085 Est. Cost $36.73 Unrealized -10.7%

RIO RIO TINTO PLC 1.6%

Value ($000) $844 Shares 18,532 Est. Cost $56.50 Unrealized —

FCX FREEPORT-MCMORAN INC 1.2%

Value ($000) $663 Shares 98,247 Est. Cost $10.14 Unrealized -3.5%

— WESTROCK CO 1.1%

Value ($000) $589 Shares 20,835 Est. Cost $39.97 Unrealized —

COP CONOCOPHILLIPS 1.0%

Value ($000) $512 Shares 16,618 Est. Cost $44.96 Unrealized -8.9%

Value ($000) $454 Shares 13,900 Est. Cost $44.00 Unrealized —

VALE VALE S A 0.8%

Value ($000) $424 Shares 51,139 Est. Cost $12.21 Unrealized —

WLK WESTLAKE CHEM CORP 0.8%

Value ($000) $410 Shares 10,754 Est. Cost $57.07 Unrealized -10.5%

NUE NUCOR CORP 0.7%

Value ($000) $381 Shares 10,582 Est. Cost $43.78 Unrealized -9.7%

— CRESTWOOD EQUITY PARTNERS LP 0.7%

Value ($000) $369 Shares 87,163 Est. Cost $21.14 Unrealized —

AA ALCOA CORP 0.7%

Value ($000) $355 Shares 57,600 Est. Cost $16.78 Unrealized -21.9%

XOM EXXON MOBIL CORP 0.7%

Value ($000) $355 Shares 9,362 Est. Cost $52.07 Unrealized -19.2%

WY WEYERHAEUSER CO 0.6%

Value ($000) $323 Shares 19,084 Est. Cost $22.71 Unrealized -6.8%

IP INTL PAPER CO 0.6%

Value ($000) $301 Shares 9,673 Est. Cost $31.89 Unrealized -10.6%

— MARATHON OIL CORP 0.1%

Value ($000) $69 Shares 20,963 Est. Cost $11.46 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMI	KINDER MORGAN INC DEL	348,050	$4,845	9.1%	$13.86	-3.6%	COM	49456B101
EPD	ENTERPRISE PRODS PARTNERS L	259,096	$3,705	7.0%	$23.53	—	COM	293792107
WMB	WILLIAMS COS INC	245,493	$3,474	6.5%	$15.52	-9.9%	COM	969457100
PBA	PEMBINA PIPELINE CORP	165,000	$3,104	5.8%	$24.85	-5.4%	COM	706327103
LNG	CHENIERE ENERGY INC	91,446	$3,063	5.7%	$57.39	-10.7%	COM NEW	16411R208
ET	ENERGY TRANSFER LP	648,692	$2,984	5.6%	$9.90	—	COM UT LTD PTN	29273V100
ENB	ENBRIDGE INC	99,059	$2,882	5.4%	$24.88	+0.5%	COM	29250N105
TRP	TC ENERGY CORP	55,761	$2,470	4.6%	$37.38	-0.2%	COM	87807B107
PAGP	PLAINS GP HLDGS L P	428,440	$2,404	4.5%	$13.93	—	LTD PARTNR INT A	72651A207
—	EQUITRANS MIDSTREAM CORP	474,457	$2,387	4.5%	$10.12	—	COM	294600101
—	TOTAL S.A.	61,806	$2,302	4.3%	$43.03	—	SPONSORED ADS	89151E109
PSX	PHILLIPS 66	41,436	$2,223	4.2%	$77.64	-17.8%	COM	718546104
SUN	SUNOCO LP	137,016	$2,143	4.0%	$26.76	—	COM UT REP LP	86765K109
AROC	ARCHROCK INC	556,006	$2,091	3.9%	$5.84	-12.5%	COM	03957W106
MPC	MARATHON PETE CORP	77,643	$1,834	3.4%	$46.23	-17.0%	COM	56585A102
CVE	CENOVUS ENERGY INC	633,590	$1,280	2.4%	$6.63	-5.8%	COM	15135U109
OKE	ONEOK INC NEW	54,266	$1,184	2.2%	$46.25	-10.9%	COM	682680103
—	BARRICK GOLD CORPORATION	53,807	$990	1.9%	$18.56	—	COM	067901108
BHP	BHP GROUP LTD	26,035	$955	1.8%	$51.02	—	SPONSORED ADS	088606108
NTR	NUTRIEN LTD	27,085	$927	1.7%	$36.73	-10.7%	COM	67077M108
RIO	RIO TINTO PLC	18,532	$844	1.6%	$56.50	—	SPONSORED ADR	767204100
FCX	FREEPORT-MCMORAN INC	98,247	$663	1.2%	$10.14	-3.5%	CL B	35671D857
—	WESTROCK CO	20,835	$589	1.1%	$39.97	—	COM	96145D105
COP	CONOCOPHILLIPS	16,618	$512	1.0%	$44.96	-8.9%	COM	20825C104
PKX	POSCO	13,900	$454	0.9%	$44.00	—	SPONSORED ADR	693483109
VALE	VALE S A	51,139	$424	0.8%	$12.21	—	SPONSORED ADS	91912E105
WLK	WESTLAKE CHEM CORP	10,754	$410	0.8%	$57.07	-10.5%	COM	960413102
NUE	NUCOR CORP	10,582	$381	0.7%	$43.78	-9.7%	COM	670346105
—	CRESTWOOD EQUITY PARTNERS LP	87,163	$369	0.7%	$21.14	—	UNIT LTD PARTNER	226344208
AA	ALCOA CORP	57,600	$355	0.7%	$16.78	-21.9%	COM	013872106
XOM	EXXON MOBIL CORP	9,362	$355	0.7%	$52.07	-19.2%	COM	30231G102
WY	WEYERHAEUSER CO	19,084	$323	0.6%	$22.71	-6.8%	COM	962166104
IP	INTL PAPER CO	9,673	$301	0.6%	$31.89	-10.6%	COM	460146103
—	MARATHON OIL CORP	20,963	$69	0.1%	$11.46	—	COM	565849106