Recurrent Investment Advisors LLC Long-Term Concentrated

CIK: 0001803146 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

Total Value ($000): $93,910 (100.0% shares, 0.0% debt)

Holdings (40)

KMI KINDER MORGAN INC DEL 7.1%

Value ($000) $6,627 Shares 537,485 Est. Cost $12.73 Unrealized -20.5%

EPD ENTERPRISE PRODS PARTNERS L 6.7%

Value ($000) $6,323 Shares 400,452 Est. Cost $21.62 Unrealized —

PBA PEMBINA PIPELINE CORP 5.8%

Value ($000) $5,468 Shares 257,568 Est. Cost $22.02 Unrealized -16.9%

WMB WILLIAMS COS INC 5.6%

Value ($000) $5,252 Shares 267,272 Est. Cost $15.33 Unrealized +0.5%

PAGP PLAINS GP HLDGS L P 5.2%

Value ($000) $4,854 Shares 797,015 Est. Cost $11.47 Unrealized —

ET ENERGY TRANSFER LP 5.0%

Value ($000) $4,737 Shares 874,077 Est. Cost $9.16 Unrealized —

CVE CENOVUS ENERGY INC 4.9%

Value ($000) $4,562 Shares 1,170,922 Est. Cost $5.19 Unrealized -20.1%

— EQUITRANS MIDSTREAM CORP 4.7%

Value ($000) $4,421 Shares 522,551 Est. Cost $9.81 Unrealized —

MPC MARATHON PETE CORP 4.6%

Value ($000) $4,354 Shares 148,388 Est. Cost $36.72 Unrealized -17.9%

— MAGELLAN MIDSTREAM PRTNRS LP 4.5%

Value ($000) $4,197 Shares 122,733 Est. Cost $42.41 Unrealized —

PSX PHILLIPS 66 4.4%

Value ($000) $4,141 Shares 79,876 Est. Cost $66.70 Unrealized -26.4%

SUN SUNOCO LP/SUNOCO FIN CORP 4.3%

Value ($000) $3,998 Shares 163,935 Est. Cost $26.00 Unrealized —

ENB ENBRIDGE INC 3.9%

Value ($000) $3,626 Shares 124,142 Est. Cost $24.03 Unrealized -8.4%

TRP TC ENERGY CORP 3.3%

Value ($000) $3,062 Shares 72,963 Est. Cost $36.34 Unrealized -4.9%

VLO VALERO ENERGY CORP 3.1%

Value ($000) $2,956 Shares 68,228 Est. Cost $47.27 Unrealized -9.9%

AROC ARCHROCK INC 2.9%

Value ($000) $2,728 Shares 506,990 Est. Cost $5.82 Unrealized -16.3%

— VIPER ENERGY PARTNERS LP 2.8%

Value ($000) $2,657 Shares 353,349 Est. Cost $10.16 Unrealized —

— TOTAL SE 2.5%

Value ($000) $2,342 Shares 68,279 Est. Cost $42.56 Unrealized —

LNG CHENIERE ENERGY INC 2.0%

Value ($000) $1,844 Shares 39,849 Est. Cost $57.39 Unrealized -11.7%

SU SUNCOR ENERGY INC NEW 1.8%

Value ($000) $1,671 Shares 136,603 Est. Cost $13.62 Unrealized -7.0%

FCX FREEPORT-MCMORAN INC 1.6%

Value ($000) $1,537 Shares 98,247 Est. Cost $10.14 Unrealized +33.1%

PLUG PLUG POWER INC 1.3%

Value ($000) $1,261 Shares 94,019 Est. Cost $11.02 Unrealized 0.0%

BHP BHP GROUP LTD 1.2%

Value ($000) $1,124 Shares 21,735 Est. Cost $51.02 Unrealized —

NTR NUTRIEN LTD 1.1%

Value ($000) $1,062 Shares 27,085 Est. Cost $36.73 Unrealized -16.4%

AA ALCOA CORP 0.9%

Value ($000) $809 Shares 69,600 Est. Cost $15.36 Unrealized -16.5%

— BARRICK GOLD CORP 0.8%

Value ($000) $782 Shares 27,839 Est. Cost $18.56 Unrealized —

RIO RIO TINTO PLC 0.8%

Value ($000) $745 Shares 12,332 Est. Cost $56.50 Unrealized —

NEM NEWMONT CORP 0.8%

Value ($000) $730 Shares 11,500 Est. Cost $49.87 Unrealized +10.6%

— WESTROCK CO 0.8%

Value ($000) $724 Shares 20,835 Est. Cost $39.97 Unrealized —

WLK WESTLAKE CHEM CORP 0.7%

Value ($000) $680 Shares 10,754 Est. Cost $57.07 Unrealized -5.0%

NUE NUCOR CORP 0.6%

Value ($000) $596 Shares 13,282 Est. Cost $42.28 Unrealized -4.7%

Value ($000) $582 Shares 13,900 Est. Cost $44.00 Unrealized —

COP CONOCOPHILLIPS 0.6%

Value ($000) $546 Shares 16,618 Est. Cost $44.96 Unrealized -30.6%

WY WEYERHAEUSER CO MTN BE 0.6%

Value ($000) $544 Shares 19,084 Est. Cost $22.71 Unrealized -1.7%

VALE VALE S A 0.6%

Value ($000) $541 Shares 51,139 Est. Cost $12.21 Unrealized —

IP INTERNATIONAL PAPER CO 0.6%

Value ($000) $518 Shares 12,773 Est. Cost $30.17 Unrealized -7.3%

OKE ONEOK INC NEW 0.5%

Value ($000) $469 Shares 18,053 Est. Cost $46.25 Unrealized -56.9%

XOM EXXON MOBIL CORP 0.3%

Value ($000) $321 Shares 9,362 Est. Cost $52.07 Unrealized -37.9%

ADM ARCHER DANIELS MIDLAND CO 0.3%

Value ($000) $260 Shares 5,589 Est. Cost $31.91 Unrealized +17.9%

CTVA CORTEVA INC 0.3%

Value ($000) $259 Shares 9,000 Est. Cost $26.48 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KMI	KINDER MORGAN INC DEL	537,485	$6,627	7.1%	$12.73	-20.5%	COM	49456B101
EPD	ENTERPRISE PRODS PARTNERS L	400,452	$6,323	6.7%	$21.62	—	COM	293792107
PBA	PEMBINA PIPELINE CORP	257,568	$5,468	5.8%	$22.02	-16.9%	COM	706327103
WMB	WILLIAMS COS INC	267,272	$5,252	5.6%	$15.33	+0.5%	COM	969457100
PAGP	PLAINS GP HLDGS L P	797,015	$4,854	5.2%	$11.47	—	LTD PARTNR INT A	72651A207
ET	ENERGY TRANSFER LP	874,077	$4,737	5.0%	$9.16	—	COM UT LTD PTN	29273V100
CVE	CENOVUS ENERGY INC	1,170,922	$4,562	4.9%	$5.19	-20.1%	COM	15135U109
—	EQUITRANS MIDSTREAM CORP	522,551	$4,421	4.7%	$9.81	—	COM	294600101
MPC	MARATHON PETE CORP	148,388	$4,354	4.6%	$36.72	-17.9%	COM	56585A102
—	MAGELLAN MIDSTREAM PRTNRS LP	122,733	$4,197	4.5%	$42.41	—	COM UNIT RP LP	559080106
PSX	PHILLIPS 66	79,876	$4,141	4.4%	$66.70	-26.4%	COM	718546104
SUN	SUNOCO LP/SUNOCO FIN CORP	163,935	$3,998	4.3%	$26.00	—	COM UT REP LP	86765K109
ENB	ENBRIDGE INC	124,142	$3,626	3.9%	$24.03	-8.4%	COM	29250N105
TRP	TC ENERGY CORP	72,963	$3,062	3.3%	$36.34	-4.9%	COM	87807B107
VLO	VALERO ENERGY CORP	68,228	$2,956	3.1%	$47.27	-9.9%	COM	91913Y100
AROC	ARCHROCK INC	506,990	$2,728	2.9%	$5.82	-16.3%	COM	03957W106
—	VIPER ENERGY PARTNERS LP	353,349	$2,657	2.8%	$10.16	—	COM UNT RP INT	92763M105
—	TOTAL SE	68,279	$2,342	2.5%	$42.56	—	SPONSORED ADS	89151E109
LNG	CHENIERE ENERGY INC	39,849	$1,844	2.0%	$57.39	-11.7%	COM NEW	16411R208
SU	SUNCOR ENERGY INC NEW	136,603	$1,671	1.8%	$13.62	-7.0%	COM	867224107
FCX	FREEPORT-MCMORAN INC	98,247	$1,537	1.6%	$10.14	+33.1%	CL B	35671D857
PLUG	PLUG POWER INC	94,019	$1,261	1.3%	$11.02	0.0%	COM NEW	72919P202
BHP	BHP GROUP LTD	21,735	$1,124	1.2%	$51.02	—	SPONSORED ADS	088606108
NTR	NUTRIEN LTD	27,085	$1,062	1.1%	$36.73	-16.4%	COM	67077M108
AA	ALCOA CORP	69,600	$809	0.9%	$15.36	-16.5%	COM	013872106
—	BARRICK GOLD CORP	27,839	$782	0.8%	$18.56	—	COM	067901108
RIO	RIO TINTO PLC	12,332	$745	0.8%	$56.50	—	SPONSORED ADR	767204100
NEM	NEWMONT CORP	11,500	$730	0.8%	$49.87	+10.6%	COM	651639106
—	WESTROCK CO	20,835	$724	0.8%	$39.97	—	COM	96145D105
WLK	WESTLAKE CHEM CORP	10,754	$680	0.7%	$57.07	-5.0%	COM	960413102
NUE	NUCOR CORP	13,282	$596	0.6%	$42.28	-4.7%	COM	670346105
PKX	POSCO	13,900	$582	0.6%	$44.00	—	SPONSORED ADR	693483109
COP	CONOCOPHILLIPS	16,618	$546	0.6%	$44.96	-30.6%	COM	20825C104
WY	WEYERHAEUSER CO MTN BE	19,084	$544	0.6%	$22.71	-1.7%	COM NEW	962166104
VALE	VALE S A	51,139	$541	0.6%	$12.21	—	SPONSORED ADS	91912E105
IP	INTERNATIONAL PAPER CO	12,773	$518	0.6%	$30.17	-7.3%	COM	460146103
OKE	ONEOK INC NEW	18,053	$469	0.5%	$46.25	-56.9%	COM	682680103
XOM	EXXON MOBIL CORP	9,362	$321	0.3%	$52.07	-37.9%	COM	30231G102
ADM	ARCHER DANIELS MIDLAND CO	5,589	$260	0.3%	$31.91	+17.9%	COM	039483102
CTVA	CORTEVA INC	9,000	$259	0.3%	$26.48	0.0%	COM	22052L104