TORTOISE CAPITAL SERIES TRUS

Ticker: TPZ CUSIP: 890930100 Class: ESSENTIAL ENERGY

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (5)

Focus Partners Wealth

Value ($000) $6,231 Shares 305,725

OLD MISSION CAPITAL LLC

Value ($000) $351 Shares 17,223

Basepoint Wealth LLC

Value ($000) $4 Shares 194

JONES FINANCIAL COMPANIES LLLP

Value ($000) $14 Shares 700

FNY Investment Advisers, LLC

Value ($000) $0 Shares 100

Institution	Shares	Value ($000)
Focus Partners Wealth	305,725	$6,231
OLD MISSION CAPITAL LLC	17,223	$351
Basepoint Wealth LLC	194	$4
JONES FINANCIAL COMPANIES LLLP	700	$14
FNY Investment Advisers, LLC	100	$0

Increased Positions (1)

JPMORGAN CHASE & CO

Value ($000) $154 (+36.4%) Shares 7,536 (+40.6%)

Institution	Prev Shares	Curr Shares	Change
JPMORGAN CHASE & CO	5,360	7,536	+2,176 (+40.6%)

Decreased Positions (18)

BARD ASSOCIATES INC

Value ($000) $5,318 (-11.6%) Shares 260,081 (-9.1%)

GTS SECURITIES LLC

Value ($000) $537 (-41.2%) Shares 26,333 (-39.4%)

JANE STREET GROUP, LLC

Value ($000) $236 (-87.4%) Shares 11,596 (-87.0%)

D.A. DAVIDSON & CO.

Value ($000) $2,389 (-14.1%) Shares 117,218 (-11.4%)

MORGAN STANLEY

Value ($000) $1,785 (-19.0%) Shares 87,610 (-16.5%)

UBS Group AG

Value ($000) $5 (-98.7%) Shares 227 (-98.6%)

WELLS FARGO & COMPANY/MN

Value ($000) $0 (-100.0%) Shares 1 (-100.0%)

MAI Capital Management

Value ($000) $381 (-19.5%) Shares 18,677 (-17.0%)

COMMONWEALTH EQUITY SERVICES, LLC

Value ($000) $2,875 (+91688.9%) Shares 141,061 (-5.4%)

LPL Financial LLC

Value ($000) $1,869 (-7.7%) Shares 91,718 (-4.8%)

OSAIC HOLDINGS, INC.

Value ($000) $481 (-8.8%) Shares 23,614 (-7.3%)

RAYMOND JAMES FINANCIAL INC

Value ($000) $311 (-9.0%) Shares 15,245 (-6.2%)

Cetera Investment Advisers

Value ($000) $217 (-8.5%) Shares 10,671 (-5.7%)

HARBOR INVESTMENT ADVISORY, LLC

Value ($000) $21 (-24.8%) Shares 1,032 (-22.5%)

FIRST TRUST ADVISORS LP

Value ($000) $253 (-4.9%) Shares 12,433 (-1.9%)

ROYAL BANK OF CANADA

Value ($000) $0 (-100.0%) Shares 12 (-96.7%)

Steward Partners Investment Advisory, LLC

Value ($000) $6 (-7.8%) Shares 309 (-4.9%)

Cambridge Investment Research Advisors, Inc.

Value ($000) $2 (-6.1%) Shares 74,962 (-3.3%)

Institution	Prev Shares	Curr Shares	Change
BARD ASSOCIATES INC	286,261	260,081	-26,180 (-9.1%)
GTS SECURITIES LLC	43,438	26,333	-17,105 (-39.4%)
JANE STREET GROUP, LLC	89,183	11,596	-77,587 (-87.0%)
D.A. DAVIDSON & CO.	132,373	117,218	-15,155 (-11.4%)
MORGAN STANLEY	104,966	87,610	-17,356 (-16.5%)
UBS Group AG	16,439	227	-16,212 (-98.6%)
WELLS FARGO & COMPANY/MN	14,324	1	-14,323 (-100.0%)
MAI Capital Management	22,496	18,677	-3,819 (-17.0%)
COMMONWEALTH EQUITY SERVICES, LLC	149,088	141,061	-8,027 (-5.4%)
LPL Financial LLC	96,362	91,718	-4,644 (-4.8%)
OSAIC HOLDINGS, INC.	25,461	23,614	-1,847 (-7.3%)
RAYMOND JAMES FINANCIAL INC	16,248	15,245	-1,003 (-6.2%)
Cetera Investment Advisers	11,312	10,671	-641 (-5.7%)
HARBOR INVESTMENT ADVISORY, LLC	1,332	1,032	-300 (-22.5%)
FIRST TRUST ADVISORS LP	12,678	12,433	-245 (-1.9%)
ROYAL BANK OF CANADA	361	12	-349 (-96.7%)
Steward Partners Investment Advisory, LLC	325	309	-16 (-4.9%)
Cambridge Investment Research Advisors, Inc.	77,501	74,962	-2,539 (-3.3%)

Exited Positions (4)

BREAKTHRU ADVISORY SERVICES, LLC

Value ($000) $7,889 Shares 375,510

Journey Advisory Group, LLC

Value ($000) $10,434 Shares 562,329

Kovitz Investment Group Partners, LLC

Value ($000) $6,683 Shares 318,112

BANK OF AMERICA CORP /DE/

Value ($000) $76 Shares 3,600

Institution	Prev Shares	Prev Value ($000)
BREAKTHRU ADVISORY SERVICES, LLC	375,510	$7,889
Journey Advisory Group, LLC	562,329	$10,434
Kovitz Investment Group Partners, LLC	318,112	$6,683
BANK OF AMERICA CORP /DE/	3,600	$76