CIK: 0001621802
Total reported value
$1.4B
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 17.58% | +15.02% | -63.42% | |
| 2 | MPLX | Mplx LP | Stock-Energy | 5.76% | -1.11% | -5.54% | |
| 3 | PAA | Plains All Amer Pipeline LP | Stock-Energy | 5.33% | -0.33% | +0.24% | |
| 4 | ET | Energy Transfer LP | Stock-Energy | 5.20% | +0.87% | -14.82% | |
| 5 | HESM | Hess Midstream LP - Class A | Stock-Other | 4.75% | -2.80% | +23.34% | |
| 6 | EPD | Enterprise Products Partners | Stock-Energy | 4.22% | -0.08% | -22.03% | |
| 7 | RLJ 1.95 PERP A | Rlj Lodging Trust | Stock-Other | 4.20% | -1.05% | +6.35% | |
| 8 | KKR 6.25 03-01-28 D | Kkr & Co INC | Stock-Financials | 3.98% | -2.55% | +27.97% | |
| 9 | WES | Western Midstream Partners L | Stock-Energy | 3.90% | -0.88% | -31.96% | |
| 10 | APO 6.75 07-31-26 | Apollo Global Management | Stock-Financials | 3.86% | -2.92% | +52.38% | |
| 11 | FLG 6 11-01-51 | Flagstar Bank NA | Stock-Financials | 3.81% | — | +10.14% | |
| 12 | SUN | Sunoco LP | Stock-Other | 3.37% | +0.72% | -34.01% | |
| 13 | LNG | Cheniere Energy INC | Stock-Energy | 2.62% | — | +35.59% | |
| 14 | BA 6 10-15-27 | Boeing Co/the | Stock-Industrials | 2.03% | -2.22% | +74.14% | |
| 15 | TRGP | Targa Resources CORP | Stock-Energy | 1.67% | +0.03% | +47.82% | |
| 16 | KMI | Kinder Morgan INC | Stock-Energy | 1.65% | -0.34% | +61.55% | |
| 17 | WMB | Williams Cos INC | Stock-Energy | 1.54% | -0.04% | +13.14% | |
| 18 | PEB 6.3 PERP F | Pebblebrook Hotel Trust | Stock-Other | 1.49% | -0.31% | +16.78% | |
| 19 | DIA | Ss Spdr Dow Jones Indus Avg | ETF-Large Cap & Growth | 1.39% | — | — | |
| 20 | GTLS 6.75 12-15-25 B | Chart Industries INC | Stock-Industrials | 1.22% | — | +15.95% | |
| 21 | CQP | Cheniere Energy Partners LP | Stock-Other | 1.18% | +0.20% | +3.43% | |
| 22 | ARES 6.75 10-01-27 B | Ares Management CORP | Stock-Financials | 1.02% | — | -40.94% | |
| 23 | GEL | Genesis Energy L.p. | Stock-Other | 0.92% | -0.15% | -8.63% | |
| 24 | OKE | Oneok INC | Stock-Energy | 0.79% | -0.45% | +67.76% | |
| 25 | BHR 5.5 PERP b | Braemar Hotels & Resorts | Stock-Other | 0.76% | — | +9.76% | |
| 26 | DKL | Delek Logistics Partners LP | Stock-Other | 0.72% | — | -19.30% | |
| 27 | EPR 9 PERP E | Epr Properties | Stock-Real Estate | 0.68% | — | -39.78% | |
| 28 | USAC | USA Compression Partners LP | Stock-Other | 0.68% | -0.09% | +3.43% | |
| 29 | PFFA | Virtus Infracap US Pref Stck | ETF-Other | 0.62% | — | — | |
| 30 | RPT V9.875 PERP | Rithm Property Trust | Stock-Other | 0.55% | +0.43% | NEW | |
| 31 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.54% | -1.49% | EXIT | |
| 32 | MRVL | Marvell Technology INC | Stock-Tech | 0.47% | +0.12% | +1190.05% | |
| 33 | AMZN | Amazon.com INC | Stock-Consumer Disc | 0.46% | +0.36% | +31.75% | |
| 34 | GLP | Global Partners LP | Stock-Other | 0.45% | — | -31.52% | |
| 35 | GNL | Global Net Lease INC | Stock-Real Estate | 0.43% | -0.42% | — | |
| 36 | HPE 7.625 09-01-27 | Hp Enterprise Co | Stock-Tech | 0.41% | — | +22.07% | |
| 37 | VLO | Valero Energy CORP | Stock-Energy | 0.36% | -0.22% | +181.15% | |
| 38 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 0.34% | -0.35% | EXIT | |
| 39 | PM | Philip Morris International | Stock-Consumer Staples | 0.34% | — | +256.49% | |
| 40 | KKR | Kkr & Co INC | Stock-Financials | 0.29% | +0.22% | +15.92% | |
| 41 | APO | Apollo Global Management INC | Stock-Financials | 0.28% | — | +186.22% | |
| 42 | PEB 6.375 PERP E | Pebblebrook Hotel Trust | Stock-Other | 0.25% | — | +62.87% | |
| 43 | GS | Goldman Sachs Group INC | Stock-Financials | 0.25% | +0.17% | -36.89% | |
| 44 | TRP | Tc Energy CORP | Stock-Energy | 0.25% | +0.27% | — | |
| 45 | AVGO | Broadcom INC | Stock-Tech | 0.25% | — | -47.77% | |
| 46 | LXP 6.5 PERP C | Lxp Industrial Trust | Stock-Other | 0.23% | — | +15.87% | |
| 47 | KRC | Kilroy Realty CORP | Stock-Real Estate | 0.22% | — | -32.32% | |
| 48 | CVX | Chevron CORP | Stock-Energy | 0.21% | -0.20% | -26.85% | |
| 49 | C | Citigroup INC | Stock-Financials | 0.20% | -0.22% | EXIT | |
| 50 | NEE | Nextera Energy INC | Stock-Utilities | 0.19% | — | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | PAA | Plains All Amer Pipeline LP | +5.3% | +0.24% | Add |
| 2 | MPLX | Mplx LP | +4.7% | -5.54% | Add |
| 3 | EPD | Enterprise Products Partners | +3.6% | -22.03% | Add |
| 4 | KKR 6.25 03-01-28 D | Kkr & Co INC | +3.3% | +27.97% | Add |
| 5 | SUN | Sunoco LP | +2.8% | -34.01% | Add |
| 6 | APO 6.75 07-31-26 | Apollo Global Management | +2.2% | +52.38% | Add |
| 7 | FLG 6 11-01-51 | Flagstar Bank NA | +1.7% | +10.14% | Add |
| 8 | RLJ 1.95 PERP A | Rlj Lodging Trust | +1.5% | +6.35% | Add |
| 9 | LNG | Cheniere Energy INC | +1.5% | +35.59% | Add |
| 10 | TRGP | Targa Resources CORP | +1.2% | +47.82% | Add |
| 11 | KMI | Kinder Morgan INC | +1% | +61.55% | Add |
| 12 | PEB 6.3 PERP F | Pebblebrook Hotel Trust | +0.7% | +16.78% | Add |
| 13 | ARES 6.75 10-01-27 B | Ares Management CORP | +0.5% | -40.94% | Add |
| 14 | ET | Energy Transfer LP | +0.4% | -14.82% | Trim |
| 15 | HPE 7.625 09-01-27 | Hp Enterprise Co | +0.4% | +22.07% | Add |
| 16 | BHR 5.5 PERP b | Braemar Hotels & Resorts | +0.4% | +9.76% | Add |
| 17 | MCD | Mcdonald's CORP | +0.3% | +152.52% | Add |
| 18 | AMZN | Amazon.com INC | +0.3% | +31.75% | Add |
| 19 | DIA | Ss Spdr Dow Jones Indus Avg | +0.2% | — | Trim |
| 20 | CQP | Cheniere Energy Partners LP | 0% | +3.43% | Trim |
| 21 | BA 6 10-15-27 | Boeing Co/the | -0.1% | +74.14% | Trim |
| 22 | MS | Morgan Stanley | -0.1% | -64.67% | Trim |
| 23 | TRP | Tc Energy CORP | -0.3% | — | Trim |
| 24 | PCG 6 12-01-27 A | Pg&e CORP | -0.3% | +10.21% | Trim |
| 25 | EPR 9 PERP E | Epr Properties | -0.4% | -39.78% | Trim |
| 26 | SPH | Suburban Propane Partners LP | -0.5% | +3.43% | Add |
| 27 | HESM | Hess Midstream LP - Class A | -0.5% | +23.34% | Add |
| 28 | VLO | Valero Energy CORP | -0.6% | +181.15% | Trim |
| 29 | GLP | Global Partners LP | -1.8% | -31.52% | Trim |
| 30 | USAC | USA Compression Partners LP | -4% | +3.43% | Trim |
| 31 | OKE | Oneok INC | -4.7% | +67.76% | Trim |
| 32 | SPY | Ss Spdr S&p 500 ETF Trust-us | -22.9% | -63.42% | Trim |
| 33 | SOBO | South Bow CORP | — | EXIT | Sold out |
| 34 | WES | Western Midstream Partners L | — | NEW | New buy |
| 35 | NEE 6.926 09-01-25 | Nextera Energy INC | — | EXIT | Sold out |
| 36 | WMB | Williams Cos INC | — | NEW | New buy |
| 37 | GTLS 6.75 12-15-25 B | Chart Industries INC | — | NEW | New buy |
| 38 | DINO | Hf Sinclair CORP | — | EXIT | Sold out |
| 39 | QQQ | Invesco Qqq Trust Series 1 | — | NEW | New buy |
| 40 | MPC | Marathon Petroleum CORP | — | EXIT | Sold out |
| 41 | MRVL | Marvell Technology INC | — | NEW | New buy |
| 42 | GNL | Global Net Lease INC | — | NEW | New buy |
| 43 | KKR | Kkr & Co INC | — | NEW | New buy |
| 44 | APO | Apollo Global Management INC | — | NEW | New buy |
| 45 | NEE | Nextera Energy INC | — | NEW | New buy |
| 46 | PEP | Pepsico INC | — | NEW | New buy |
| 47 | VST | Vistra CORP | — | NEW | New buy |
| 48 | AB | Alliancebernstein Holding LP | — | EXIT | Sold out |
| 49 | EQIX | Equinix INC | — | EXIT | Sold out |
| 50 | UGI | Ugi CORP | — | EXIT | Sold out |