Harvest Fund Advisors LLC

Momentum followerDiversified strategyQuality / disciplined sizing

Total reported value

$4.9B

Reporting period: 2020-03-31 · Number of holdings: 42

HARVEST FUND ADVISORS LLC disclosed 42 holdings in its latest 13F filing for the period ending 2020-03-31, with total reported value of $4.9B and a quarterly turnover rate of 65.6%.

Personality snowflake

Concentration: 34.83
Portfolio Stability: 65.61
Momentum/Contrarian: 100
Sector conviction: 0
Diversification: 84
Sizing Uniformity: 83.5

Recent moves

Trim ET
-5.6%　-$921.0M
Add TRP
+9.9%　-$61.8M
Add ENB
+11.7%　-$122.7M
Trim PAA
-1.3%　-$460.1M
Trim TRGP
+4.1%　-$362.3M
Add WEP
+57.3%　-$25.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	EPD	Enterprise Products Partners	Stock-Energy	16.49%	+0.29%	+8.16%
2	TRP	Tc Energy CORP	Stock-Energy	13.30%	+5.44%	+9.87%
3	ENB	Enbridge INC	Stock-Energy	11.25%	+3.82%	+11.72%
4	ET	Energy Transfer LP	Stock-Energy	9.67%	-5.75%	-5.61%
5	MPLX	Mplx LP	Stock-Energy	6.86%	-0.94%	+4.08%
6	KMI	Kinder Morgan INC	Stock-Energy	6.53%	+1.71%	+11.24%
7	WEP	Magellan Midstream Partners	Stock-Other	5.54%	+2.26%	+57.30%
8	PBA	Pembina Pipeline CORP	Stock-Energy	5.07%	+1.41%	+47.21%
9	PAA	Plains All Amer Pipeline LP	Stock-Energy	3.74%	-3.37%	-1.26%
10	LNG	Cheniere Energy INC	Stock-Energy	3.15%	-0.85%	-22.54%
11	WMB	Williams Cos INC	Stock-Energy	3.11%	+0.85%	+24.89%
12	TEGPUSD	Tallgrass Energy LP	Stock-Other	2.81%	+2.81%	NEW
13	TCP	Tc Pipelines LP	Stock-Other	1.72%	+0.48%	+15.34%
14	OKE	Oneok INC	Stock-Energy	1.60%	-0.82%	+23.65%
15	TRGP	Targa Resources CORP	Stock-Energy	1.59%	-3.28%	+4.12%
16	PSXPUSD	Phillips 66 Partners LP	Stock-Other	1.26%	+0.40%	+33.16%
17	EQMUSD	Eqm Midstream Partners LP	Stock-Other	1.20%	-0.22%	+15.25%
18	AM	Antero Midstream CORP	Stock-Energy	1.01%	-0.96%	-0.51%
19	NSUSD	Nustar Energy LP	Stock-Other	0.93%	-0.54%	+3.07%
20	ETRNUSD	Equitrans Midstream CORP	Stock-Other	0.72%	-0.26%	+6.14%
21	AROC	Archrock INC	Stock-Energy	0.50%	-0.31%	-11.29%
22	MIC2EUR	Macquarie Infrastructure Hol	Stock-Other	0.37%	+0.37%	NEW
23	CEQPUSD	Crestwood Equity Partners LP	Stock-Other	0.28%	-0.58%	+29.17%
24	WES	Western Midstream Partners L	Stock-Energy	0.24%	-1.55%	-55.68%
25	SHLXUSD	Shell Midstream Partners LP	Stock-Other	0.22%	+0.22%	NEW
26	CQP	Cheniere Energy Partners LP	Stock-Other	0.18%	+0.18%	NEW
27	HEPUSD	Holly Energy Partners LP	Stock-Other	0.11%	+0.11%	+4750.36%
28	✓	Bp Midstream Par	Stock-Other	0.08%	+0.08%	NEW
29	GEL	Genesis Energy L.p.	Stock-Other	0.07%	+0.07%	NEW
30	DCPUSD	Dcp Midstream LP	Stock-Other	0.06%	-0.22%	-31.16%
31	✓	Cnx Midstream Pa	Stock-Other	0.06%	+0.06%	NEW
32	NGL	Ngl Energy Partners LP	Stock-Other	0.05%	+0.05%	NEW
33	0E41	Enlink Midstream LLC	Stock-Other	0.04%	+0.04%	NEW
34	ENBLUSD	Enable Midstream Partners LP	Stock-Other	0.04%	+0.04%	NEW
35	PBFXUSD	Pbf Logistics LP	Stock-Other	0.03%	+0.03%	NEW
36	HESM	Hess Midstream LP - Class A	Stock-Other	0.03%	+0.03%	NEW
37	RTLRUSD	Rattler Midstream LP	Stock-Other	0.02%	+0.02%	NEW
38	PAGP	Plains Gp Holdings Lp-cl A	Stock-Energy	0.02%	+0.02%	NEW
39	DKL	Delek Logistics Partners LP	Stock-Other	0.01%	+0.01%	NEW
40	NBLXUSD	Noble Midstream Partners LP	Stock-Other	0.01%	-0.34%	-86.03%
41	GPRE	Green Plains Inc.	Stock-Other	0.01%	+0.01%	NEW
42	✓	Altus Midstream Co	Stock-Other	—	-0.01%	+25.42%

Portfolio Performance

Not enough priced holdings yet to compute performance

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2020-03-31	42	$4.9B	66	1EPD 2TRP 3ENB Top holdings2020-03-31 1.EPD 2.TRP 3.ENB 4.ET 5.MPLX 6.KMI 7.WEP 8.PBA 9.PAA 10.LNG
2019-12-31	28	$9.0B	30	1EPD 2ET 3TRP Top holdings2019-12-31 1.EPD 2.ET 3.TRP 4.MPLX 5.ENB 6.PAA 7.TRGP 8.KMI 9.LNG 10.PBA
2019-09-30	33	$9.6B	25	1EPD 2ET 3PAA Top holdings2019-09-30 1.EPD 2.ET 3.PAA 4.MPLX 5.TRGP 6.WMB 7.ENB 8.KMI 9.LNG 10.NSUSD
2019-06-30	35	$10.1B	15	1ET 2EPD 3PAA Top holdings2019-06-30 1.ET 2.EPD 3.PAA 4.WMB 5.TRGP 6.LNG 7.KMI 8.ENB 9.ANDX 10.BPLUSD
2019-03-31	42	$10.2B	33	1ET 2EPD 3WMB Top holdings2019-03-31 1.ET 2.EPD 3.WMB 4.PAA 5.TRGP 6.KMI 7.ENB 8.LNG 9.ANDX 10.NSUSD
2018-12-31	37	$8.7B	49	1ET 2EPD 3PAA Top holdings2018-12-31 1.ET 2.EPD 3.PAA 4.WMB 5.TRGP 6.WEP 7.ANDX 8.MPLX 9.DCPUSD 10.ENB
2018-09-30	36	$11.1B	48	1EPD 2ET 3WMB Top holdings2018-09-30 1.EPD 2.ET 3.WMB 4.PAA 5.ET 6.TRGP 7.ANDX 8.WEP 9.DCPUSD 10.MPLX
2018-06-30	44	$9.9B	28	1EPD 2ET396949L Top holdings2018-06-30 1.EPD 2.ET 3.96949L 4.PAA 5.ET 6.MPLX 7.DCPUSD 8.OKE 9.TRGP 10.ANDX
2018-03-31	53	$8.6B	32	1EPD 2ET396949L Top holdings2018-03-31 1.EPD 2.ET 3.96949L 4.PAA 5.ET 6.MPLX 7.ANDX 8.OKE 9.TRGP 10.DCPUSD
2017-09-30	53	$9.6B	29	1EPD 2ET 3ET Top holdings2017-09-30 1.EPD 2.ET 3.ET 4.96949L 5.MPLX 6.OKE 7.BPLUSD 8.WMB 9.ANDX 10.PAA
2017-06-30	52	$9.7B	38	1EPD 2ET 3ET Top holdings2017-06-30 1.EPD 2.ET 3.ET 4.MPLX 5.96949L 6.BPLUSD 7.PAA 8.WMB 9.88160T 10.OKE
2017-03-31	56	$10.6B	19	1EPD 2ET 3ET Top holdings2017-03-31 1.EPD 2.ET 3.ET 4.MPLX 5.BPLUSD 6.PAA 7.96949L 8.SUN 9.WMB 10.88160T
2016-12-31	55	$9.7B	11	1EPD 2ET 3PAA Top holdings2016-12-31 1.EPD 2.ET 3.PAA 4.BPLUSD 5.MPLX 6.ET 7.96949L 8.WEP 9.SUN 10.WMB
2016-09-30	55	$9.4B	13	1EPD 2ET 3BPLUSD Top holdings2016-09-30 1.EPD 2.ET 3.BPLUSD 4.PAA 5.MPLX 6.ET 7.96949L 8.WEP 9.SUN 10.ENB
2016-06-30	56	$8.6B	35	1EPD 2ET 3BPLUSD Top holdings2016-06-30 1.EPD 2.ET 3.BPLUSD 4.MPLX 5.PAA 6.WEP 7.ET 8.96949L 9.EQMUSD 10.MIC2EUR
2016-03-31	57	$6.5B	17	1EPD 2ET 3WEP Top holdings2016-03-31 1.EPD 2.ET 3.WEP 4.BPLUSD 5.MPLX 6.PAA 7.SHLXUSD 8.EQMUSD 9.MIC2EUR 10.88160T
2015-12-31	56	$6.5B	35	1EPD 2ET 3MPLX Top holdings2015-12-31 1.EPD 2.ET 3.MPLX 4.WEP 5.BPLUSD 6.PAA 7.ET 8.SHLXUSD 9.EQMUSD 10.MIC2EUR
2015-09-30	71	$6.5B	25	1EPD 2ET 3ET Top holdings2015-09-30 1.EPD 2.ET 3.ET 4.PAA 5.WEP 6.BPLUSD 7.570759 8.MIC2EUR 9.SHLXUSD 10.88160T
2015-06-30	72	$7.3B	19	1EPD 2ET 3ET Top holdings2015-06-30 1.EPD 2.ET 3.ET 4.PAA 5.WEP 6.BPLUSD 7.SHLXUSD 8.PAA 9.WMB 10.MIC2EUR
2015-03-31	70	$6.7B	23	1EPD 2ET 3ET Top holdings2015-03-31 1.EPD 2.ET 3.ET 4.WEP 5.PAA 6.BPLUSD 7.PAA 8.SHLXUSD 9.96949L 10.WMB
2014-12-31	69	$6.7B	40	1EPD 2ET 3ET Top holdings2014-12-31 1.EPD 2.ET 3.ET 4.WEP 5.PAA 6.BPLUSD 7.SHLXUSD 8.WMB 9.PAA 10.570759
2014-09-30	60	$6.3B	18	1EPD 2ET 3ET Top holdings2014-09-30 1.EPD 2.ET 3.ET 4.PAA 5.WEP 6.WMB 7.BPLUSD 8.570759 9.KMI 10.EQMUSD
2014-06-30	54	$6.0B	30	1EPD 2ET 3PAA Top holdings2014-06-30 1.EPD 2.ET 3.PAA 4.ET 5.WEP 6.WMB 7.KMI 8.570759 9.EQMUSD 10.KMI
2014-03-31	51	$4.7B	25	1EPD 2PAA 3ET Top holdings2014-03-31 1.EPD 2.PAA 3.ET 4.ET 5.WEP 6.KMI 7.WMB 8.570759 9.30225X 10.96950F
2013-12-31	61	$4.1B	30	1EPD 2PAA 3ET Top holdings2013-12-31 1.EPD 2.PAA 3.ET 4.ET 5.KMI 6.WEP 7.WMB 8.30225X 9.TNK 10.570759
2013-09-30	54	$3.1B	27	1EPD 2PAA 3ET Top holdings2013-09-30 1.EPD 2.PAA 3.ET 4.KMI 5.ET 6.WEP 7.EP-PC 8.30225X 9.WMB 10.TNK
2013-06-30	53	$2.5B	0	1EPD 2PAA 3KMI Top holdings2013-06-30 1.EPD 2.PAA 3.KMI 4.ET 5.ET 6.30225X 7.EP-PC 8.TNK 9.TNK 10.WMB

Holding changes this quarter

Harvest Fund Advisors LLC's most significant position changes for 2020-03-31: New buy: Tallgrass Energy LP (TEGPUSD); Sold out: Marathon Petroleum CORP (MPC); Sold out: Antero Resources CORP (AR); New buy: Macquarie Infrastructure Hol (MIC2EUR); New buy: Shell Midstream Partners LP (SHLXUSD).

Position changes disclosed by Harvest Fund Advisors LLC for the quarter ending 2020-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	TRP	Tc Energy CORP	+5.4%	+9.87%	Add
2	ENB	Enbridge INC	+3.8%	+11.72%	Add
3	WEP	Magellan Midstream Partners	+2.3%	+57.30%	Add
4	KMI	Kinder Morgan INC	+1.7%	+11.24%	Add
5	PBA	Pembina Pipeline CORP	+1.4%	+47.21%	Add
6	WMB	Williams Cos INC	+0.9%	+24.89%	Add
7	TCP	Tc Pipelines LP	+0.5%	+15.34%	Add
8	PSXPUSD	Phillips 66 Partners LP	+0.4%	+33.16%	Add
9	EPD	Enterprise Products Partners	+0.3%	+8.16%	Add
10	HEPUSD	Holly Energy Partners LP	+0.1%	+4750.36%	Add
11	✓	Altus Midstream Co	0%	+25.42%	Add
12	EQMUSD	Eqm Midstream Partners LP	-0.2%	+15.25%	Add
13	DCPUSD	Dcp Midstream LP	-0.2%	-31.16%	Trim
14	ETRNUSD	Equitrans Midstream CORP	-0.3%	+6.14%	Add
15	AROC	Archrock INC	-0.3%	-11.29%	Trim
16	NBLXUSD	Noble Midstream Partners LP	-0.3%	-86.03%	Trim
17	NSUSD	Nustar Energy LP	-0.5%	+3.07%	Add
18	CEQPUSD	Crestwood Equity Partners LP	-0.6%	+29.17%	Add
19	OKE	Oneok INC	-0.8%	+23.65%	Add
20	LNG	Cheniere Energy INC	-0.9%	-22.54%	Trim
21	MPLX	Mplx LP	-0.9%	+4.08%	Add
22	AM	Antero Midstream CORP	-1%	-0.51%	Trim
23	WES	Western Midstream Partners L	-1.6%	-55.68%	Trim
24	TRGP	Targa Resources CORP	-3.3%	+4.12%	Add
25	PAA	Plains All Amer Pipeline LP	-3.4%	-1.26%	Trim
26	ET	Energy Transfer LP	-5.8%	-5.61%	Trim
27	TEGPUSD	Tallgrass Energy LP	—	NEW	New buy
28	MPC	Marathon Petroleum CORP	—	EXIT	Sold out
29	AR	Antero Resources CORP	—	EXIT	Sold out
30	MIC2EUR	Macquarie Infrastructure Hol	—	NEW	New buy
31	SHLXUSD	Shell Midstream Partners LP	—	NEW	New buy
32	CQP	Cheniere Energy Partners LP	—	NEW	New buy
33	✓	Bp Midstream Par	—	NEW	New buy
34	GEL	Genesis Energy L.p.	—	NEW	New buy
35	✓	Cnx Midstream Pa	—	NEW	New buy
36	NGL	Ngl Energy Partners LP	—	NEW	New buy
37	0E41	Enlink Midstream LLC	—	NEW	New buy
38	ENBLUSD	Enable Midstream Partners LP	—	NEW	New buy
39	PBFXUSD	Pbf Logistics LP	—	NEW	New buy
40	HESM	Hess Midstream LP - Class A	—	NEW	New buy
41	RTLRUSD	Rattler Midstream LP	—	NEW	New buy
42	PAGP	Plains Gp Holdings Lp-cl A	—	NEW	New buy
43	DKL	Delek Logistics Partners LP	—	NEW	New buy
44	GPRE	Green Plains Inc.	—	NEW	New buy

FAQ

What is Harvest Fund Advisors LLC and what type of investor is it?

Harvest Fund Advisors LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2020-03-31), the firm manages a tracked equity portfolio valued at approximately $4.9B, spread across 42 disclosed positions.

What are Harvest Fund Advisors LLC's largest equity positions?

Based on the latest 13F filing, Harvest Fund Advisors LLC's top holdings by market value are: 1. Enterprise Products Partners (EPD) — $803.6M (16.5%) 2. Tc Energy CORP (TRP) — $648.4M (13.3%) 3. Enbridge INC (ENB) — $548.4M (11.3%) 4. Energy Transfer LP (ET) — $471.1M (9.7%) 5. Mplx LP (MPLX) — $334.4M (6.9%)

What changes did Harvest Fund Advisors LLC make in its most recent portfolio filing?

In the latest reported quarter, Harvest Fund Advisors LLC made 44 notable position adjustments: 16 new positions were initiated, 18 existing holdings were added to, 8 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Tallgrass Energy LP (TEGPUSD); Sold out: Marathon Petroleum CORP (MPC); Sold out: Antero Resources CORP (AR); New buy: Macquarie Infrastructure Hol (MIC2EUR); New buy: Shell Midstream Partners LP (SHLXUSD)

What sectors does Harvest Fund Advisors LLC focus on?

Harvest Fund Advisors LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 100.0%