Latest Recurrent Investment Advisors LLC Stock Portfolio
Recurrent Investment Advisors LLC Performance:
2024 Q3: 1.98%YTD: 16.62%2023: 10.59%
Performance for 2024 Q3 is 1.98%, and YTD is 16.62%, and 2023 is 10.59%.
About Recurrent Investment Advisors LLC and 13F Hedge Fund Stock Holdings
Recurrent Investment Advisors LLC is a hedge fund based in HOUSTON, TX. On 20-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $544.7 Millions. In it's latest 13F Holdings report, Recurrent Investment Advisors LLC reported an equity portfolio of $1 Billions as of 30 Sep, 2024.
The top stock holdings of Recurrent Investment Advisors LLC are ET, , . The fund has invested 7.3% of it's portfolio in ENERGY TRANSFER L P and 6.9% of portfolio in CENOVUS ENERGY INC.
The fund managers got completely rid off EQUITRANS MIDSTREAM CORP (ETRN) and WESTROCK CO (WRK) stocks. They significantly reduced their stock positions in TECK RESOURCES LTD, VIPER ENERGY INC (VNOM) and FMC CORP (FMC). Recurrent Investment Advisors LLC opened new stock positions in EQT CORP (EQT), PBF ENERGY INC (PBF) and SMURFIT WESTROCK PLC. The fund showed a lot of confidence in some stocks as they added substantially to POSCO HOLDINGS INC (PKX), SUNOCO LP/SUNOCO FIN CORP (SUN) and SUNCOR ENERGY INC NEW.
The top stock holdings of Recurrent Investment Advisors LLC are ET, , . The fund has invested 7.3% of it's portfolio in ENERGY TRANSFER L P and 6.9% of portfolio in CENOVUS ENERGY INC.
The fund managers got completely rid off EQUITRANS MIDSTREAM CORP (ETRN) and WESTROCK CO (WRK) stocks. They significantly reduced their stock positions in TECK RESOURCES LTD, VIPER ENERGY INC (VNOM) and FMC CORP (FMC). Recurrent Investment Advisors LLC opened new stock positions in EQT CORP (EQT), PBF ENERGY INC (PBF) and SMURFIT WESTROCK PLC. The fund showed a lot of confidence in some stocks as they added substantially to POSCO HOLDINGS INC (PKX), SUNOCO LP/SUNOCO FIN CORP (SUN) and SUNCOR ENERGY INC NEW.
Recurrent Investment Advisors LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Recurrent Investment Advisors LLC made a return of 1.98% in the last quarter. In trailing 12 months, it's portfolio return was 19.11%.
New Buys
| Ticker | $ Bought |
|---|---|
| eqt corp | 21,218,000 |
| pbf energy inc | 11,515,800 |
| smurfit westrock plc | 911,898 |
| sealed air corp new | 684,691 |
| clearway energy inc | 202,488 |
New stocks bought by Recurrent Investment Advisors LLC
Additions
| Ticker | % Inc. |
|---|---|
| posco holdings inc | 46.05 |
| sunoco lp/sunoco fin corp | 29.25 |
| suncor energy inc new | 13.16 |
| phillips 66 | 13.05 |
| cenovus energy inc | 11.59 |
| dt midstream inc | 9.76 |
| valero energy corp | 9.11 |
| arcelormittal sa luxembourg | 8.2 |
Additions to existing portfolio by Recurrent Investment Advisors LLC
Reductions
| Ticker | % Reduced |
|---|---|
| teck resources ltd | -53.72 |
| viper energy inc | -37.95 |
| shell plc | -15.61 |
| fmc corp | -6.68 |
| cf inds hldgs inc | -6.65 |
| weyerhaeuser co mtn be | -6.65 |
| archer daniels midland co | -6.64 |
| international paper co | -6.64 |
Recurrent Investment Advisors LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| equitrans midstream corp | -21,900,300 |
| westrock co | -929,056 |
Recurrent Investment Advisors LLC got rid off the above stocks
Sector Distribution
Recurrent Investment Advisors LLC has about 75.7% of it's holdings in Energy sector.
| Sector | % |
|---|---|
| Energy | 75.7 |
| Others | 22.5 |
| Basic Materials | 1.4 |
Market Cap. Distribution
Recurrent Investment Advisors LLC has about 58.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 58.2 |
| UNALLOCATED | 22.5 |
| MID-CAP | 19.1 |
Stocks belong to which Index?
About 33.8% of the stocks held by Recurrent Investment Advisors LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 66.2 |
| S&P 500 | 32.7 |
| RUSSELL 2000 | 1.1 |
Recurrent Investment Advisors LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Recurrent Investment Advisors LLC
Recurrent Investment Advisors LLC has 54 stocks in it's portfolio. About 60.4% of the portfolio is in top 10 stocks. VLO proved to be the most loss making stock for the portfolio. TRGP was the most profitable stock for Recurrent Investment Advisors LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AA | alcoa corp | 0.30 | 78,066 | 3,011,790 | reduced | -6.58 | ||
| ADM | archer daniels midland co | 0.04 | 7,183 | 429,112 | reduced | -6.64 | ||
| ARLP | alliance resource partners l | 2.85 | 1,145,140 | 28,628,600 | added | 6.19 | ||
| CF | cf inds hldgs inc | 0.07 | 7,864 | 674,731 | reduced | -6.65 | ||
| COP | conocophillips | 0.16 | 15,313 | 1,612,150 | reduced | -6.44 | ||
| CWEN | clearway energy inc | 0.02 | 6,600 | 202,488 | new | |||
| DAR | darling ingredients inc | 0.08 | 21,239 | 789,241 | reduced | -3.85 | ||
| DOW | dow inc | 0.16 | 28,705 | 1,568,150 | reduced | -6.6 | ||
| DTM | dt midstream inc | 2.56 | 327,859 | 25,789,400 | added | 9.76 | ||
| ENB | enbridge inc | 1.84 | 455,220 | 18,486,900 | reduced | -0.22 | ||
| EPD | enterprise prods partners l | 4.66 | 1,608,770 | 46,831,400 | added | 3.5 | ||
| EQT | eqt corp | 2.11 | 579,093 | 21,218,000 | new | |||
| ET | energy transfer l p | 7.31 | 4,581,250 | 73,529,000 | added | 8.01 | ||
| ETRN | equitrans midstream corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FCX | freeport-mcmoran inc | 0.20 | 40,240 | 2,008,780 | reduced | -6.57 | ||
| FMC | fmc corp | 0.09 | 13,684 | 902,323 | reduced | -6.68 | ||
| HAL | halliburton co | 0.07 | 25,676 | 745,888 | reduced | -6.41 | ||
| IP | international paper co | 0.08 | 16,413 | 801,775 | reduced | -6.64 | ||
| KMI | kinder morgan inc del | 4.16 | 1,892,500 | 41,805,200 | reduced | -0.35 | ||
| LNG | cheniere energy inc | 6.58 | 367,740 | 66,134,400 | added | 2.08 | ||