CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT
CIK: 0001329375SEC EDGAR →
Portfolio Value
$1.7B
Holdings
60
As of
Q4 2025
New Positions
60
Closed Positions
0
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | ENERGY TRANSFER L P | 7,991,600 | $131.8M | 7.56% |
| 2 | TARGA RES CORP | 681,300 | $125.7M | 7.21% |
| 3 | MPLX LP | 1,883,800 | $100.5M | 5.77% |
| 4 | WILLIAMS COS INC | 1,595,100 | $95.9M | 5.50% |
| 5 | ONEOK INC NEW | 1,297,916 | $95.4M | 5.47% |
| 6 | DT MIDSTREAM INC | 749,300 | $89.7M | 5.14% |
| 7 | KINDER MORGAN INC DEL | 2,865,000 | $78.8M | 4.52% |
| 8 | PLAINS GP HLDGS L P | 3,725,000 | $71.3M | 4.09% |
| 9 | TC ENERGY CORP | 1,295,500 | $71.3M | 4.09% |
| 10 | KINETIK HOLDINGS INC | 1,843,400 | $66.5M | 3.81% |
Quarterly Changes
Top Sells
No sells this quarter
New Positions (60)
$131.8M · 8.0M shares
$125.7M · 681K shares
$100.5M · 1.9M shares
$95.9M · 1.6M shares
$95.4M · 1.3M shares
$89.7M · 749K shares
$78.8M · 2.9M shares
$71.3M · 3.7M shares
$71.3M · 1.3M shares
$66.5M · 1.8M shares
$63.1M · 325K shares
$60.9M · 1.5M shares
$57.5M · 1.8M shares
$51.3M · 1.3M shares
$46.8M · 1.4M shares
$43.9M · 117K shares
$41.2M · 117K shares
$40.9M · 1.5M shares
$33.7M · 209K shares
$31.3M · 48K shares
$28.8M · 602K shares
$25.8M · 162K shares
$24.6M · 191K shares
$18.5M · 344K shares
$17.8M · 68K shares
$16.5M · 39K shares
$15.8M · 127K shares
$15.3M · 71K shares
$14.2M · 163K shares
$13.4M · 83K shares
$11.7M · 25K shares
$11.0M · 35K shares
$10.8M · 279K shares
$10.0M · 115K shares
$8.7M · 47K shares
$7.8M · 460K shares
$6.2M · 581K shares
$5.9M · 30K shares
$5.8M · 63K shares
$5.8M · 153K shares
$5.6M · 316K shares
$5.6M · 116K shares
$5.3M · 34K shares
$5.1M · 15K shares
$5.0M · 23K shares
$4.8M · 10K shares
$4.5M · 23K shares
$4.4M · 191K shares
$4.0M · 50K shares
$3.9M · 49K shares
$3.9M · 45K shares
$3.7M · 35K shares
$3.1M · 7K shares
$2.9M · 186K shares
$2.9M · 25K shares
$2.8M · 61K shares
$2.8M · 155K shares
$1.5M · 150K shares
$202K · 20K shares
$114K · 100K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Energy | 28 | $1.3B | 76.7% |
| Utilities | 12 | $225.8M | 12.9% |
| Industrials | 6 | $73.6M | 4.2% |
| Technology | 11 | $70.0M | 4.0% |
| Unknown | 2 | $31.1M | 1.8% |
| Financial Services | 1 | $5.8M | 0.3% |