Recurrent Investment Advisors LLC Long-Term Concentrated

CIK: 0001803146 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 17, 2020

Total Value ($000): $106,214 (100.0% shares, 0.0% debt)

Holdings (39)

KMI KINDER MORGAN INC DEL 6.9%

Value ($000) $7,374 Shares 486,090 Est. Cost $13.01 Unrealized -16.6%

EPD ENTERPRISE PRODS PARTNERS L 6.9%

Value ($000) $7,319 Shares 402,833 Est. Cost $21.62 Unrealized —

PAGP PLAINS GP HLDGS L P 6.4%

Value ($000) $6,745 Shares 757,812 Est. Cost $11.74 Unrealized —

PBA PEMBINA PIPELINE CORP 6.0%

Value ($000) $6,337 Shares 253,476 Est. Cost $22.08 Unrealized -23.3%

ET ENERGY TRANSFER LP 5.8%

Value ($000) $6,161 Shares 865,278 Est. Cost $9.20 Unrealized —

MPC MARATHON PETE CORP 5.5%

Value ($000) $5,793 Shares 154,987 Est. Cost $36.72 Unrealized -26.0%

CVE CENOVUS ENERGY INC 5.1%

Value ($000) $5,454 Shares 1,165,745 Est. Cost $5.19 Unrealized -33.1%

WMB WILLIAMS COS INC 5.0%

Value ($000) $5,261 Shares 276,610 Est. Cost $15.33 Unrealized -10.0%

PSX PHILLIPS 66 4.9%

Value ($000) $5,239 Shares 72,860 Est. Cost $68.40 Unrealized -17.8%

— MAGELLAN MIDSTREAM PRTNRS LP 4.6%

Value ($000) $4,848 Shares 112,291 Est. Cost $43.17 Unrealized —

— EQUITRANS MIDSTREAM CORP 4.5%

Value ($000) $4,753 Shares 571,938 Est. Cost $9.81 Unrealized —

ENB ENBRIDGE INC 3.7%

Value ($000) $3,882 Shares 127,612 Est. Cost $24.03 Unrealized -12.2%

SUN SUNOCO LP/SUNOCO FIN CORP 3.6%

Value ($000) $3,871 Shares 169,569 Est. Cost $26.00 Unrealized —

VLO VALERO ENERGY CORP 3.4%

Value ($000) $3,644 Shares 61,958 Est. Cost $47.74 Unrealized 0.0%

— VIPER ENERGY PARTNERS LP 3.2%

Value ($000) $3,408 Shares 328,957 Est. Cost $10.36 Unrealized —

TRP TC ENERGY CORP 3.1%

Value ($000) $3,249 Shares 75,815 Est. Cost $36.34 Unrealized -7.9%

AROC ARCHROCK INC 3.0%

Value ($000) $3,239 Shares 499,086 Est. Cost $5.84 Unrealized -34.7%

— TOTAL S.A. 2.5%

Value ($000) $2,652 Shares 68,963 Est. Cost $42.56 Unrealized —

SU SUNCOR ENERGY INC NEW 2.0%

Value ($000) $2,090 Shares 123,952 Est. Cost $13.72 Unrealized 0.0%

LNG CHENIERE ENERGY INC 1.8%

Value ($000) $1,953 Shares 40,411 Est. Cost $57.39 Unrealized -23.9%

— BARRICK GOLD CORPORATION 1.4%

Value ($000) $1,448 Shares 53,807 Est. Cost $18.56 Unrealized —

BHP BHP GROUP LTD 1.2%

Value ($000) $1,295 Shares 26,035 Est. Cost $51.02 Unrealized —

FCX FREEPORT-MCMORAN INC 1.1%

Value ($000) $1,137 Shares 98,247 Est. Cost $10.14 Unrealized -15.4%

NTR NUTRIEN LTD 0.8%

Value ($000) $870 Shares 27,085 Est. Cost $36.73 Unrealized -21.2%

OKE ONEOK INC NEW 0.8%

Value ($000) $811 Shares 24,404 Est. Cost $46.25 Unrealized -50.9%

AA ALCOA CORP 0.7%

Value ($000) $782 Shares 69,600 Est. Cost $15.36 Unrealized -44.4%

NEM NEWMONT CORP 0.7%

Value ($000) $710 Shares 11,500 Est. Cost $49.87 Unrealized 0.0%

COP CONOCOPHILLIPS 0.7%

Value ($000) $698 Shares 16,618 Est. Cost $44.96 Unrealized -26.8%

RIO RIO TINTO PLC 0.7%

Value ($000) $693 Shares 12,332 Est. Cost $56.50 Unrealized —

— WESTROCK CO 0.6%

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

WLK WESTLAKE CHEM CORP 0.5%

Value ($000) $577 Shares 10,754 Est. Cost $57.07 Unrealized -26.3%

NUE NUCOR CORP 0.5%

Value ($000) $550 Shares 13,282 Est. Cost $42.28 Unrealized -13.9%

VALE VALE S A 0.5%

Value ($000) $527 Shares 51,139 Est. Cost $12.21 Unrealized —

Value ($000) $515 Shares 13,900 Est. Cost $44.00 Unrealized —

IP INTL PAPER CO 0.4%

Value ($000) $450 Shares 12,773 Est. Cost $30.17 Unrealized -17.8%

WY WEYERHAEUSER CO MTN BE 0.4%

Value ($000) $429 Shares 19,084 Est. Cost $22.71 Unrealized -27.6%

XOM EXXON MOBIL CORP 0.4%

Value ($000) $419 Shares 9,362 Est. Cost $52.07 Unrealized -33.1%

ADM ARCHER DANIELS MIDLAND CO 0.2%

Value ($000) $223 Shares 5,589 Est. Cost $31.91 Unrealized 0.0%

FANG DIAMONDBACK ENERGY INC 0.2%

Value ($000) $219 Shares 5,247 Est. Cost $32.27 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMI	KINDER MORGAN INC DEL	486,090	$7,374	6.9%	$13.01	-16.6%	COM	49456B101
EPD	ENTERPRISE PRODS PARTNERS L	402,833	$7,319	6.9%	$21.62	—	COM	293792107
PAGP	PLAINS GP HLDGS L P	757,812	$6,745	6.4%	$11.74	—	LTD PARTNR INT A	72651A207
PBA	PEMBINA PIPELINE CORP	253,476	$6,337	6.0%	$22.08	-23.3%	COM	706327103
ET	ENERGY TRANSFER LP	865,278	$6,161	5.8%	$9.20	—	COM UT LTD PTN	29273V100
MPC	MARATHON PETE CORP	154,987	$5,793	5.5%	$36.72	-26.0%	COM	56585A102
CVE	CENOVUS ENERGY INC	1,165,745	$5,454	5.1%	$5.19	-33.1%	COM	15135U109
WMB	WILLIAMS COS INC	276,610	$5,261	5.0%	$15.33	-10.0%	COM	969457100
PSX	PHILLIPS 66	72,860	$5,239	4.9%	$68.40	-17.8%	COM	718546104
—	MAGELLAN MIDSTREAM PRTNRS LP	112,291	$4,848	4.6%	$43.17	—	COM UNIT RP LP	559080106
—	EQUITRANS MIDSTREAM CORP	571,938	$4,753	4.5%	$9.81	—	COM	294600101
ENB	ENBRIDGE INC	127,612	$3,882	3.7%	$24.03	-12.2%	COM	29250N105
SUN	SUNOCO LP/SUNOCO FIN CORP	169,569	$3,871	3.6%	$26.00	—	COM UT REP LP	86765K109
VLO	VALERO ENERGY CORP	61,958	$3,644	3.4%	$47.74	0.0%	COM	91913Y100
—	VIPER ENERGY PARTNERS LP	328,957	$3,408	3.2%	$10.36	—	COM UNT RP INT	92763M105
TRP	TC ENERGY CORP	75,815	$3,249	3.1%	$36.34	-7.9%	COM	87807B107
AROC	ARCHROCK INC	499,086	$3,239	3.0%	$5.84	-34.7%	COM	03957W106
—	TOTAL S.A.	68,963	$2,652	2.5%	$42.56	—	SPONSORED ADS	89151E109
SU	SUNCOR ENERGY INC NEW	123,952	$2,090	2.0%	$13.72	0.0%	COM	867224107
LNG	CHENIERE ENERGY INC	40,411	$1,953	1.8%	$57.39	-23.9%	COM NEW	16411R208
—	BARRICK GOLD CORPORATION	53,807	$1,448	1.4%	$18.56	—	COM	067901108
BHP	BHP GROUP LTD	26,035	$1,295	1.2%	$51.02	—	SPONSORED ADS	088606108
FCX	FREEPORT-MCMORAN INC	98,247	$1,137	1.1%	$10.14	-15.4%	CL B	35671D857
NTR	NUTRIEN LTD	27,085	$870	0.8%	$36.73	-21.2%	COM	67077M108
OKE	ONEOK INC NEW	24,404	$811	0.8%	$46.25	-50.9%	COM	682680103
AA	ALCOA CORP	69,600	$782	0.7%	$15.36	-44.4%	COM	013872106
NEM	NEWMONT CORP	11,500	$710	0.7%	$49.87	0.0%	COM	651639106
COP	CONOCOPHILLIPS	16,618	$698	0.7%	$44.96	-26.8%	COM	20825C104
RIO	RIO TINTO PLC	12,332	$693	0.7%	$56.50	—	SPONSORED ADR	767204100
—	WESTROCK CO	20,835	$589	0.6%	$39.97	—	COM	96145D105
WLK	WESTLAKE CHEM CORP	10,754	$577	0.5%	$57.07	-26.3%	COM	960413102
NUE	NUCOR CORP	13,282	$550	0.5%	$42.28	-13.9%	COM	670346105
VALE	VALE S A	51,139	$527	0.5%	$12.21	—	SPONSORED ADS	91912E105
PKX	POSCO	13,900	$515	0.5%	$44.00	—	SPONSORED ADR	693483109
IP	INTL PAPER CO	12,773	$450	0.4%	$30.17	-17.8%	COM	460146103
WY	WEYERHAEUSER CO MTN BE	19,084	$429	0.4%	$22.71	-27.6%	COM NEW	962166104
XOM	EXXON MOBIL CORP	9,362	$419	0.4%	$52.07	-33.1%	COM	30231G102
ADM	ARCHER DANIELS MIDLAND CO	5,589	$223	0.2%	$31.91	0.0%	COM	039483102
FANG	DIAMONDBACK ENERGY INC	5,247	$219	0.2%	$32.27	0.0%	COM	25278X109