RI

Recurrent Investment Advisors LLC

Diversified strategySector-focusedMomentum follower

Total reported value

$1.7B

Reporting period: 2026-03-31 · Number of holdings: 67

Recurrent Investment Advisors LLC disclosed 67 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.7B and a quarterly turnover rate of 33.4%.

Personality snowflake

Concentration
18.83
Portfolio Stability
33.41
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
85.21

Recent moves

  • Add KMI

    +63.6%　$40.7M

  • Add CVE

    -8.9%　$48.5M

  • Add SUN

    +51.5%　$31.2M

  • Add LNG

    +13.5%　$33.7M

  • Trim WES

    -15.2%　-$6.2M

  • Add MUSA

    +23.2%　$24.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1CVECenovus Energy INCStock-Energy9.61%+1.40%-8.86%
2TRGPTarga Resources CORPStock-Energy7.12%-0.09%-10.74%
3ETEnergy Transfer LPStock-Energy6.46%-0.06%+3.94%
4OKEOneok INCStock-Energy6.29%+0.02%+0.28%
5SUSuncor Energy INCStock-Energy6.14%+0.29%-13.93%
6LNGCheniere Energy INCStock-Energy5.13%+1.33%+13.46%
7KMIKinder Morgan INCStock-Energy4.91%+1.89%+63.61%
8PSXPhillips 66Stock-Energy4.54%+0.20%-8.95%
9MUSAMurphy USA INCStock-Consumer Disc4.33%+0.80%+23.20%
10PBAPembina Pipeline CORPStock-Energy4.04%-0.17%+0.28%
11SUNSunoco LPStock-Other4.02%+1.39%+51.47%
12EPDEnterprise Products PartnersStock-Energy3.82%-0.21%-1.48%
13WMBWilliams Cos INCStock-Energy3.34%-0.04%+0.29%
14PAGPPlains Gp Holdings Lp-cl AStock-Energy3.09%-0.35%-12.65%
15DTMDt Midstream INCStock-Energy2.88%-0.25%+0.39%
16PBFPbf Energy Inc-class AStock-Energy2.87%+0.36%-19.83%
17WESWestern Midstream Partners LStock-Energy2.81%-1.10%-15.23%
18VNOMViper Energy Inc-cl AStock-Energy2.80%+0.74%+36.91%
19MPCMarathon Petroleum CORPStock-Energy2.66%-0.73%-35.75%
20SOBOSouth Bow CORPStock-Other2.33%-0.46%-15.29%
21ENBEnbridge INCStock-Energy1.52%-0.12%+0.52%
22DOWDow INCStock-Materials0.84%+0.47%+55.25%
23WLKWestlake CORPStock-Materials0.79%+0.38%+49.13%
24BBarrick Mining CORPStock-Materials0.68%—+2.20%
25NEMNewmont CORPStock-Materials0.63%-0.07%+2.64%
26LYBLyondellBasell Industries N.V.Stock-Materials0.61%+0.42%+110.48%
27XOMExxon Mobil CORPStock-Energy0.60%+0.09%+1.57%
28CVXChevron CORPStock-Energy0.54%+0.06%+0.94%
29HUNHuntsman CORPStock-Materials0.43%+0.25%+117.61%
30EMNEastman Chemical CoStock-Materials0.40%+0.21%+118.76%
31NTRNutrien LTDStock-Materials0.33%+0.02%+4.59%
32MTDRMatador Resources CoStock-Energy0.29%+0.08%+14.50%
33COPConocophillipsStock-Energy0.27%+0.04%+2.10%
34VALEVale Sa-sp AdrStock-Materials0.19%+0.01%+4.64%
35FCXFreeport-mcmoran INCStock-Materials0.19%-0.14%-40.13%
36CNQCanadian Natural ResourcesStock-Energy0.17%+0.02%—
37HALHalliburton CoStock-Energy0.17%+0.02%+1.66%
38NUENucor CORPStock-Materials0.17%—+2.47%
39TECKTeck Resources Ltd-cls BStock-Materials0.16%—+2.80%
40RIORio Tinto Plc-spon AdrStock-Materials0.15%—+4.61%
41FANGDiamondback Energy INCStock-Energy0.14%+0.01%—
42SHELShell Plc-adrStock-Energy0.12%+0.01%+4.66%
43BHPBhp Group Ltd-spon AdrStock-Materials0.12%—+4.60%
44DARDarling Ingredients INCStock-Consumer Staples0.10%+0.02%-9.61%
45PKXPosco Holdings INC -spon AdrStock-Other0.09%——
46MOSMosaic Co/theStock-Materials0.08%—+4.61%
47✓ Totalenergies SeStock-Other0.08%+0.02%+5.58%
48ALBAlbemarle CORPStock-Materials0.07%—-18.80%
49EXEExpand Energy CORPStock-Energy0.06%——
50CFCf Industries Holdings INCStock-Materials0.06%+0.02%+5.15%
1–50 of 67

Holding changes this quarter

Recurrent Investment Advisors LLC's most significant position changes for 2026-03-31: Sold out: Keycorp (KEY); Sold out: Sealed Air CORP (SDA); Sold out: Bp Plc-spons Adr (BP); Add: Kinder Morgan INC (KMI) — shares +63.61%; Trim: Cenovus Energy INC (CVE) — shares -8.86%.

Position changes disclosed by Recurrent Investment Advisors LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1KMIKinder Morgan INC+1.9%+63.61%Add
2CVECenovus Energy INC+1.4%-8.86%Trim
3SUNSunoco LP+1.4%+51.47%Add
4LNGCheniere Energy INC+1.3%+13.46%Add
5MUSAMurphy USA INC+0.8%+23.20%Add
6VNOMViper Energy Inc-cl A+0.7%+36.91%Add
7DOWDow INC+0.5%+55.25%Add
8LYBLyondellBasell Industries N.V.+0.4%+110.48%Add
9WLKWestlake CORP+0.4%+49.13%Add
10PBFPbf Energy Inc-class A+0.4%-19.83%Trim
11SUSuncor Energy INC+0.3%-13.93%Trim
12HUNHuntsman CORP+0.3%+117.61%Add
13EMNEastman Chemical Co+0.2%+118.76%Add
14PSXPhillips 66+0.2%-8.95%Trim
15XOMExxon Mobil CORP+0.1%+1.57%Add
16MTDRMatador Resources Co+0.1%+14.50%Add
17CVXChevron CORP+0.1%+0.94%Add
18COPConocophillips0%+2.10%Add
19SWSmurfit Westrock Plc0%+113.53%Add
20OKEOneok INC0%+0.28%Add
21NTRNutrien LTD0%+4.59%Add
22CNQCanadian Natural Resources0%—Unchanged
23HALHalliburton Co0%+1.66%Add
24DARDarling Ingredients INC0%-9.61%Trim
25CFCf Industries Holdings INC0%+5.15%Add
26IPInternational Paper Co0%+102.04%Add
27✓ Totalenergies Se0%+5.58%Add
28SUNCSunococorp LLC0%+42.41%Add
29VALEVale Sa-sp Adr0%+4.64%Add
30FANGDiamondback Energy INC0%—Unchanged
31SHELShell Plc-adr0%+4.66%Add
32RIORio Tinto Plc-spon Adr—+4.61%Add
33WMBWilliams Cos INC0%+0.29%Add
34VLOValero Energy CORP0%-62.70%Trim
35ETEnergy Transfer LP-0.1%+3.94%Add
36NEMNewmont CORP-0.1%+2.64%Add
37AAAlcoa CORP-0.1%-56.81%Trim
38TRGPTarga Resources CORP-0.1%-10.74%Trim
39ENBEnbridge INC-0.1%+0.52%Add
40FCXFreeport-mcmoran INC-0.1%-40.13%Trim
41PBAPembina Pipeline CORP-0.2%+0.28%Add
42EPDEnterprise Products Partners-0.2%-1.48%Trim
43DTMDt Midstream INC-0.3%+0.39%Add
44PAGPPlains Gp Holdings Lp-cl A-0.4%-12.65%Trim
45SOBOSouth Bow CORP-0.5%-15.29%Trim
46MPCMarathon Petroleum CORP-0.7%-35.75%Trim
47WESWestern Midstream Partners L-1.1%-15.23%Trim
48KEYKeycorp—EXITSold out
49SDASealed Air CORP—EXITSold out
50BPBp Plc-spons Adr—EXITSold out

FAQ

What is Recurrent Investment Advisors LLC and what type of investor is it?
Recurrent Investment 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 (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.7B, spread across 67 disclosed positions.
What are Recurrent Investment Advisors LLC's largest equity positions?
Based on the latest 13F filing, Recurrent Investment Advisors LLC's top holdings by market value are: 1. Cenovus Energy INC (CVE) — $159.6M (9.6%) 2. Targa Resources CORP (TRGP) — $118.3M (7.1%) 3. Energy Transfer LP (ET) — $107.4M (6.5%) 4. Oneok INC (OKE) — $104.5M (6.3%) 5. Suncor Energy INC (SU) — $101.9M (6.1%)
What changes did Recurrent Investment Advisors LLC make in its most recent portfolio filing?
In the latest reported quarter, Recurrent Investment Advisors LLC made 48 notable position adjustments: 0 new positions were initiated, 31 existing holdings were added to, 14 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Keycorp (KEY); Sold out: Sealed Air CORP (SDA); Sold out: Bp Plc-spons Adr (BP); Add: Kinder Morgan INC (KMI) — shares +63.61%; Trim: Cenovus Energy INC (CVE) — shares -8.86%
What sectors does Recurrent Investment Advisors LLC focus on?
Recurrent Investment Advisors LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 88.4% • Materials: 6.5% • Consumer Discretionary: 4.8% • Consumer Staples: 0.1% • Utilities: 0.1% • Real Estate: 0.0%