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Franklin Square Holdings, L.P. Historical SEC 13F Holdings & Archive (Q3 2018)
Franklin Square Holdings, L.P.CIK: 0001697432
Sector-focusedContrarianQuality / disciplined sizing
Total reported value
$73.6M
Reporting period: 2018-09-30 · Number of holdings: 36
Franklin Square Holdings, L.P. disclosed 36 holdings in its latest 13F filing for the period ending 2018-09-30, with total reported value of $73.6M and a quarterly turnover rate of 51.2%.
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Personality snowflake
- Concentration
- 47.72
- Portfolio Stability
- 51.23
- Momentum
- 0
- Sector conviction
- 100
- Diversification
- 62
- Sizing Uniformity
- 83.3
Franklin Square Holdings, L.P.'s disclosed holdings carry a Herfindahl concentration index of 0.119 — mathematically equivalent to about 8 equally-sized positions, well below its 36 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.67), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 2% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim EVAUSD
0.0% $1.7M
Add ENB
+600.8% $2.3M
Trim ANDX
-66.8% -$758.0K
Trim SPY
+16.0% -$495.0K
Trim PBA
-13.6% -$299.0K
Trim IWM
+18.6% -$319.0K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 31 holdings (of 36 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | EVAUSD | Enviva Partners LP | Stock-Other | 27.81% | -4.38% | — | |
| 2 | NOG1EUR | Northern Oil And Gas Inc | Stock-Other | 16.85% | +16.85% | NEW | |
| 3 | ET | Energy Transfer LP | Stock-Energy | 3.99% | +0.45% | +17.67% | |
| 4 | ENB | Enbridge Inc. | Stock-Energy | 3.56% | +2.98% | +600.84% | |
| 5 | TCPA | TransCanada PipeLines Limited 6 | Stock-Other | 3.55% | -0.87% | +8.40% | |
| 6 | WMB | Williams Cos Inc | Stock-Energy | 3.43% | -0.77% | +1.42% | |
| 7 | KMI | Kinder Morgan, Inc. | Stock-Energy | 3.25% | -0.78% | -0.91% | |
| 8 | R6C2 | Royal Dutch Shell-spon Adr-b | Stock-Other | 3.20% | -1.01% | -2.67% | |
| 9 | PAGP | Plains Gp Holdings Lp-cl A | Stock-Energy | 2.60% | -0.02% | +21.03% | |
| 10 | BP | Bp Plc-spons Adr | Stock-Energy | 2.56% | -0.76% | -4.96% | |
| 11 | TTEN | Totalenergies Se -spon Adr | Stock-Other | 2.56% | -0.14% | +10.79% | |
| 12 | TRGP | Targa Resources CORP | Stock-Energy | 2.47% | -0.84% | -18.78% | |
| 13 | PBA | Pembina Pipeline CORP | Stock-Energy | 2.27% | -1.11% | -13.55% | |
| 14 | NBLXUSD | Noble Midstream Partners LP | Stock-Other | 2.03% | +0.46% | +114.53% | |
| 15 | D | Dominion Energy Inc | Stock-Utilities | 1.98% | -0.07% | +18.86% | |
| 16 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 1.97% | -1.07% | +18.60% | |
| 17 | ✓ | Cnx Midstream Pa | Stock-Other | 1.92% | +1.92% | NEW | |
| 18 | TEGPUSD | Tallgrass Energy LP | Stock-Other | 1.51% | -0.12% | +5.83% | |
| 19 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 1.32% | -1.20% | +16.00% | |
| 20 | WES | Western Midstream Partners, LP | Stock-Energy | 1.28% | -0.87% | -18.96% | |
| 21 | OXY | Occidental Petroleum CORP | Stock-Energy | 1.28% | +1.28% | NEW | |
| 22 | EQMUSD | Eqm Midstream Partners LP | Stock-Other | 1.24% | +1.24% | NEW | |
| 23 | AM | Antero Midstream Corporation | Stock-Energy | 1.24% | +0.51% | +117.36% | |
| 24 | HESM | Hess Midstream LP | Stock-Other | 1.21% | — | +7.89% | |
| 25 | ✓ | Barclays Bk PLC | Stock-Other | 0.86% | +0.27% | -20.00% | |
| 26 | MPC | Marathon Petroleum CORP | Stock-Energy | 0.74% | +0.74% | NEW | |
| 27 | AM | Antero Midstream Corporation | Stock-Energy | 0.68% | -0.61% | -28.12% | |
| 28 | ✓ | Stock-Other | 0.67% | -0.67% | -47.60% | ||
| 29 | EQT | EQT Corporation | Stock-Energy | 0.66% | +0.66% | NEW | |
| 30 | 0E41 | Enlink Midstream LLC | Stock-Other | 0.66% | +0.07% | +35.14% | |
| 31 | ANDX | Andeavor Logistics LP | Stock-Other | 0.66% | -1.47% | -66.80% |
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Franklin Square Holdings, L.P.'s most significant position changes for 2018-09-30: New buy: Northern Oil And Gas Inc (NOG1EUR); Sold out: Warrior Met Coal Inc (HCC); New buy: Cnx Midstream Pa; New buy: Occidental Petroleum CORP (OXY); New buy: Eqm Midstream Partners LP (EQMUSD).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ENB | Enbridge Inc. | +3% | +600.84% | Add |
| 2 | AM | Antero Midstream Corporation | +0.5% | +117.36% | Add |
| 3 | NBLXUSD | Noble Midstream Partners LP | +0.5% | +114.53% | Add |
| 4 | ET | Energy Transfer LP | +0.5% | +17.67% | Add |
| 5 | ✓ | Barclays Bk PLC | +0.3% | -20.00% | Trim |
| 6 | 0E41 | Enlink Midstream LLC | +0.1% | +35.14% | Add |
| 7 | HESM | Hess Midstream LP | — | +7.89% | Add |
| 8 | PAGP | Plains Gp Holdings Lp-cl A | 0% | +21.03% | Add |
| 9 | D | Dominion Energy Inc | -0.1% | +18.86% | Add |
| 10 | TEGPUSD | Tallgrass Energy LP | -0.1% | +5.83% | Add |
| 11 | TTEN | Totalenergies Se -spon Adr | -0.1% | +10.79% | Add |
| 12 | AM | Antero Midstream Corporation | -0.6% | -28.12% | Trim |
| 13 | ✓ | -0.7% | -47.60% | Trim | |
| 14 | BP | Bp Plc-spons Adr | -0.8% | -4.96% | Trim |
| 15 | WMB | Williams Cos Inc | -0.8% | +1.42% | Add |
| 16 | KMI | Kinder Morgan, Inc. | -0.8% | -0.91% | Trim |
| 17 | TRGP | Targa Resources CORP | -0.8% | -18.78% | Trim |
| 18 | WES | Western Midstream Partners, LP | -0.9% | -18.96% | Trim |
| 19 | TCPA | TransCanada PipeLines Limited 6 | -0.9% | +8.40% | Add |
| 20 | R6C2 | Royal Dutch Shell-spon Adr-b | -1% | -2.67% | Trim |
| 21 | IWM | Ishares Russell 2000 ETF | -1.1% | +18.60% | Add |
| 22 | PBA | Pembina Pipeline CORP | -1.1% | -13.55% | Trim |
| 23 | SPY | Ss Spdr S&p 500 ETF Trust-us | -1.2% | +16.00% | Add |
| 24 | ANDX | Andeavor Logistics LP | -1.5% | -66.80% | Trim |
| 25 | EVAUSD | Enviva Partners LP | -4.4% | — | Unchanged |
| 26 | NOG1EUR | Northern Oil And Gas Inc | — | NEW | New buy |
| 27 | HCC | Warrior Met Coal Inc | — | EXIT | Sold out |
| 28 | ✓ | Cnx Midstream Pa | — | NEW | New buy |
| 29 | OXY | Occidental Petroleum CORP | — | NEW | New buy |
| 30 | EQMUSD | Eqm Midstream Partners LP | — | NEW | New buy |
| 31 | CQP | Cheniere Energy Partners, L.P. | — | EXIT | Sold out |
| 32 | KRSP | Rice Acquisition Corporation 3 | — | EXIT | Sold out |
| 33 | MPC | Marathon Petroleum CORP | — | NEW | New buy |
| 34 | EQT | EQT Corporation | — | NEW | New buy |
| 35 | WES | Western Midstream Partners, LP | — | EXIT | Sold out |
| 36 | D | Dominion Energy, Inc. | — | EXIT | Sold out |
Filing History
FAQ
What is Franklin Square Holdings, L.P. and what type of investor is it?
Franklin Square Holdings, L.P. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2018-09-30), the firm manages a tracked equity portfolio valued at approximately $73.6M, spread across 36 disclosed positions.
What are Franklin Square Holdings, L.P.'s largest equity positions?
Based on the latest 13F filing, Franklin Square Holdings, L.P.'s top holdings by market value are:
1. Enviva Partners LP (EVAUSD) — $20.5M (27.8%)
2. Northern Oil And Gas Inc (NOG1EUR) — $12.4M (16.9%)
3. Energy Transfer LP (ET) — $2.9M (4.0%)
4. Enbridge Inc. (ENB) — $2.6M (3.6%)
5. TransCanada PipeLines Limited 6 (TCPA) — $2.6M (3.5%)
What changes did Franklin Square Holdings, L.P. make in its most recent portfolio filing?
In the latest reported quarter, Franklin Square Holdings, L.P. made 35 notable position adjustments: 6 new positions were initiated, 14 existing holdings were added to, 10 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: Northern Oil And Gas Inc (NOG1EUR); Sold out: Warrior Met Coal Inc (HCC); New buy: Cnx Midstream Pa; New buy: Occidental Petroleum CORP (OXY); New buy: Eqm Midstream Partners LP (EQMUSD)
What sectors does Franklin Square Holdings, L.P. focus on?
Franklin Square Holdings, L.P. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Energy: 100.0%
Investment Profile
Franklin Square Holdings, L.P.'s portfolio is moderately concentrated and moderately active, with 100.0% of the portfolio concentrated in Energy.
Its turnover score has risen from 22 to 51 over the past 4 quarters — a shift toward more active trading.
It has added to its EVAUSD position over the past two quarters (+$2.8M, now $20.5M), while trimming WES over the same stretch (-$343.0K, still holding $943.0K).
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Developer Access
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