Recurrent Investment Advisors LLC Long-Term Concentrated

Location: HOUSTON, TX

CIK: 0001803146 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $1.661B (100.0% shares, 0.0% debt)

Holdings (67)

Increased Positions (35)

KMI KINDER MORGAN INC DEL 4.9%
Value $81.49M (+99.6%) Shares 2,430,444 (+63.6%) Est. Cost Unrealized
LNG CHENIERE ENERGY INC 5.1%
Value $85.15M (+65.6%) Shares 300,074 (+13.5%) Est. Cost Unrealized
SUN SUNOCO LP/SUNOCO FIN CORP 4.0%
Value $66.78M (+87.8%) Shares 1,027,877 (+51.5%) Est. Cost Unrealized
MUSA MURPHY USA INC 4.3%
Value $71.99M (+50.8%) Shares 146,119 (+23.2%) Est. Cost Unrealized
ET ENERGY TRANSFER L P 6.5%
Value $107M (+21.7%) Shares 5,562,381 (+3.9%) Est. Cost Unrealized
VNOM VIPER ENERGY INC 2.8%
Value $46.49M (+66.5%) Shares 989,318 (+36.9%) Est. Cost Unrealized
DOW DOW HLDGS INC 0.8%
Value $13.96M (+176.6%) Shares 335,209 (+55.2%) Est. Cost Unrealized
WLK WESTLAKE CORPORATION 0.8%
Value $13.18M (+135.6%) Shares 112,790 (+49.1%) Est. Cost Unrealized
LYB LYONDELLBASELL INDUSTRIES NV 0.6%
Value $10.11M (+291.6%) Shares 125,488 (+110.5%) Est. Cost Unrealized
HUN HUNTSMAN CORP 0.4%
Value $7.133M (+189.6%) Shares 535,914 (+117.6%) Est. Cost Unrealized
EMN EASTMAN CHEM CO 0.4%
Value $6.65M (+161.6%) Shares 87,136 (+118.8%) Est. Cost Unrealized
XOM EXXON MOBIL CORP 0.6%
Value $9.891M (+43.2%) Shares 58,300 (+1.6%) Est. Cost Unrealized
MTDR MATADOR RES CO 0.3%
Value $4.865M (+70.5%) Shares 76,996 (+14.5%) Est. Cost Unrealized
COP CONOCOPHILLIPS 0.3%
Value $4.484M (+44.0%) Shares 33,972 (+2.1%) Est. Cost Unrealized
NTR NUTRIEN LTD 0.3%
Value $5.494M (+29.6%) Shares 52,360 (+4.6%) Est. Cost Unrealized
NEM NEWMONT CORP 0.6%
Value $10.53M (+11.3%) Shares 97,245 (+2.6%) Est. Cost Unrealized
HAL HALLIBURTON CO 0.2%
Value $2.872M (+40.3%) Shares 73,648 (+1.7%) Est. Cost Unrealized
VALE VALE S A 0.2%
Value $3.12M (+27.8%) Shares 196,130 (+4.6%) Est. Cost Unrealized
SW SMURFIT WESTROCK PLC 0.1%
Value $1.04M (+120.0%) Shares 26,095 (+113.5%) Est. Cost Unrealized
SHEL SHELL PLC 0.1%
Value $2.014M (+36.7%) Shares 56,141 (+4.7%) Est. Cost Unrealized
CF CF INDUSTRIES HOLD 0.1%
Value $1.06M (+76.5%) Shares 8,163 (+5.2%) Est. Cost Unrealized
IP INTERNATIONAL PAPER CO 0.1%
Value $1.009M (+83.1%) Shares 28,266 (+102.0%) Est. Cost Unrealized
RIO RIO TINTO PLC 0.2%
Value $2.542M (+21.9%) Shares 27,247 (+4.6%) Est. Cost Unrealized
TTE TOTALENERGIES SE 0.1%
Value $1.28M (+53.7%) Shares 15,824 (+5.6%) Est. Cost Unrealized
SUNC SUNOCOCORP LLC 0.1%
Value $948K (+78.2%) Shares 15,380 (+42.4%) Est. Cost Unrealized
BHP BHP BILLITON LIMITED 0.1%
Value $1.984M (+26.0%) Shares 27,271 (+4.6%) Est. Cost Unrealized
B BARRICK MNG CORP 0.7%
Value $11.37M (-3.1%) Shares 234,761 (+2.2%) Est. Cost Unrealized
TECK TECK RESOURCES LTD 0.2%
Value $2.615M (+12.6%) Shares 40,394 (+2.8%) Est. Cost Unrealized
CRH CRH PLC 0.1%
Value $988K (+27.9%) Shares 9,402 (+51.8%) Est. Cost Unrealized
TRP TC ENERGY CORP 0.1%
Value $905K (+31.0%) Shares 14,455 (+15.1%) Est. Cost Unrealized
NUE NUCOR CORP 0.2%
Value $2.81M (+6.2%) Shares 16,615 (+2.5%) Est. Cost Unrealized
MOS MOSAIC CO 0.1%
Value $1.388M (+10.7%) Shares 54,447 (+4.6%) Est. Cost Unrealized
ADM ARCHER DANIELS MIDLAND CO 0.0%
Value $538K (+31.8%) Shares 7,396 (+4.2%) Est. Cost Unrealized
MT ARCELORMITTAL SA LUXEMBOURG 0.0%
Value $676K (+17.8%) Shares 15,403 (+5.0%) Est. Cost Unrealized
WY WEYERHAEUSER CO 0.0%
Value $614K (+7.8%) Shares 25,144 (+4.6%) Est. Cost Unrealized

Decreased Positions (17)

CVE CENOVUS ENERGY INC 9.6%
Value $160M (+43.7%) Shares 5,799,641 (-8.9%) Est. Cost Unrealized
SU SUNCOR ENERGY INC NEW 6.1%
Value $102M (+28.8%) Shares 1,515,161 (-13.9%) Est. Cost Unrealized
TRGP TARGA RES CORP 7.1%
Value $118M (+21.3%) Shares 471,801 (-10.7%) Est. Cost Unrealized
PSX PHILLIPS 66 4.5%
Value $75.43M (+28.6%) Shares 414,064 (-8.9%) Est. Cost Unrealized
PBF PBF ENERGY INC 2.9%
Value $47.76M (+40.8%) Shares 1,002,915 (-19.8%) Est. Cost Unrealized
EPD ENTERPRISE PRODS PARTNERS L 3.8%
Value $63.4M (+16.3%) Shares 1,675,483 (-1.5%) Est. Cost Unrealized
WES WESTERN MIDSTREAM PARTNERS L 2.8%
Value $46.72M (-11.6%) Shares 1,134,758 (-15.2%) Est. Cost Unrealized
PAGP PLAINS GP HLDGS L P 3.1%
Value $51.37M (+10.3%) Shares 2,124,947 (-12.7%) Est. Cost Unrealized
MPC MARATHON PETE CORP 2.7%
Value $44.19M (-3.5%) Shares 180,958 (-35.7%) Est. Cost Unrealized
FCX FREEPORT MCMORAN INC 0.2%
Value $3.087M (-30.7%) Shares 52,517 (-40.1%) Est. Cost Unrealized
SOBO SOUTH BOW CORP 2.3%
Value $38.68M (+2.4%) Shares 1,161,016 (-15.3%) Est. Cost Unrealized
AA ALCOA CORP 0.1%
Value $1.004M (-46.1%) Shares 15,130 (-56.8%) Est. Cost Unrealized
DAR DARLING INGREDIENTS INC 0.1%
Value $1.686M (+55.3%) Shares 27,265 (-9.6%) Est. Cost Unrealized
VLO VALERO ENERGY CORP 0.0%
Value $556K (-43.4%) Shares 2,251 (-62.7%) Est. Cost Unrealized
CEG CONSTELLATION ENERGY CORP 0.0%
Value $366K (-46.0%) Shares 1,311 (-31.7%) Est. Cost Unrealized
VST VISTRA CORP 0.0%
Value $424K (-34.8%) Shares 2,822 (-30.0%) Est. Cost Unrealized
ALB ALBEMARLE CORP 0.1%
Value $1.128M (+3.1%) Shares 6,283 (-18.8%) Est. Cost Unrealized

Unchanged Positions (15)