CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT
CIK: 0001329375Latest portfolio: $1.7B · Q4 2025
Holdings
60
Total Value
$1.7B
New Positions
60
Closed Positions
0
Top Holdings
View All 60 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | ETENERGY TRANSFER L P | 7,991,600 | $131.8M | 7.56% | NEW | |
| 2 | TRGPTARGA RES CORP | 681,300 | $125.7M | 7.21% | NEW | |
| 3 | MPLXMPLX LP | 1,883,800 | $100.5M | 5.77% | NEW | |
| 4 | WMBWILLIAMS COS INC | 1,595,100 | $95.9M | 5.50% | NEW | |
| 5 | OKEONEOK INC NEW | 1,297,916 | $95.4M | 5.47% | NEW | |
| 6 | DTMDT MIDSTREAM INC | 749,300 | $89.7M | 5.14% | NEW | |
| 7 | KMIKINDER MORGAN INC DEL | 2,865,000 | $78.8M | 4.52% | NEW | |
| 8 | PAGPPLAINS GP HLDGS L P | 3,725,000 | $71.3M | 4.09% | NEW | |
| 9 | TRPTC ENERGY CORP | 1,295,500 | $71.3M | 4.09% | NEW | |
| 10 | KNTKKINETIK HOLDINGS INC | 1,843,400 | $66.5M | 3.81% | NEW | |
| 11 | LNGCHENIERE ENERGY INC | 324,800 | $63.1M | 3.62% | NEW | |
| 12 | WESWESTERN MIDSTREAM PARTNERS L | 1,540,900 | $60.9M | 3.49% | NEW | |
| 13 | EPDENTERPRISE PRODS PARTNERS L | 1,792,500 | $57.5M | 3.30% | NEW | |
| 14 | PPLPEMBINA PIPELINE CORP | 1,347,100 | $51.3M | 2.94% | NEW | |
| 15 | HESMHESS MIDSTREAM LP | 1,357,200 | $46.8M | 2.69% | NEW | |
| 16 | TLNTALEN ENERGY CORP | 117,200 | $43.9M | 2.52% | NEW | |
| 17 | CEGCONSTELLATION ENERGY CORP | 116,700 | $41.2M | 2.36% | NEW | |
| 18 | SOBOSOUTH BOW CORP | 1,490,500 | $40.9M | 2.35% | NEW | |
| 19 | VSTVISTRA CORP | 208,700 | $33.7M | 1.93% | NEW | |
| 20 | GEVGE VERNOVA INC | 47,850 | $31.3M | 1.79% | NEW | |
| 21 | ENBENBRIDGE INC | 601,500 | $28.8M | 1.65% | NEW | |
| 22 | NRANRG ENERGY INC | 162,000 | $25.8M | 1.48% | NEW | |
| 23 | PSXPHILLIPS 66 | 190,900 | $24.6M | 1.41% | NEW | |
| 24 | EQTEQT CORP | 344,258 | $18.5M | 1.06% | NEW | |
| 25 | FSLRFIRST SOLAR INC | 68,000 | $17.8M | 1.02% | NEW |
Quarterly Changes
Sector Breakdown
Energy0.0% ($1.3178112569910055e+126T)
Utilities0.0% ($5.127043931412263e+42T)
Technology0.0% ($1.4198117198657618e+35T)
Industrials0.0% ($1646015765153240832.0T)
Unknown0.0% ($258.0B)
Financial Services0.0% ($5.8M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Jan 27, 2026 | $1.7B | 60 |
| Q3 2025 | Oct 20, 2025 | $1.8T | 0 |
| Q2 2025 | Jul 14, 2025 | $1.7T | 68 |
| Q1 2025 | Apr 24, 2025 | $1.6T | 61 |
| Q4 2024 | Jan 21, 2025 | $1516.1T | 68 |
| Q3 2024 | Oct 21, 2024 | $1359.3T | 63 |
| Q2 2024 | Jul 22, 2024 | $1261.4T | 59 |
| Q1 2024 | Apr 24, 2024 | $1180.7T | 56 |
| Q4 2023 | Jan 18, 2024 | $1091.4T | 57 |
| Q3 2023 | Oct 26, 2023 | $987.0T | 59 |
| Q2 2023 | Aug 14, 2023 | $1033.2T | 72 |
| Q1 2023 | May 15, 2023 | $993.5T | 74 |
| Q4 2022 | Feb 14, 2023 | $1061.5T | 75 |
| Q3 2022 | Nov 14, 2022 | $989.8B | 75 |
| Q2 2022 | Aug 15, 2022 | $975.9B | 91 |
| Q1 2022 | May 16, 2022 | $1.1T | 96 |
| Q4 2021 | Feb 14, 2022 | $1.0T | 105 |
| Q3 2021 | Nov 15, 2021 | $1.0T | 110 |
| Q2 2021 | Aug 16, 2021 | $1.1T | 113 |
| Q1 2021 | May 17, 2021 | $894.1B | 115 |
| Q4 2020 | Feb 16, 2021 | $901.6B | 127 |
| Q3 2020 | Nov 16, 2020 | $694.1B | 107 |
| Q2 2020 | Aug 14, 2020 | $884.9B | 137 |
| Q1 2020 | May 15, 2020 | $710.9B | 117 |
| Q4 2019 | Feb 14, 2020 | $1.8T | 133 |
| Q3 2019 | Nov 14, 2019 | $2.0T | 115 |
| Q2 2019 | Aug 14, 2019 | $2.6T | 95 |
| Q1 2019 | May 15, 2019 | $2.9T | 106 |
| Q4 2018 | Feb 14, 2019 | $2.4T | 120 |
| Q3 2018 | Nov 14, 2018 | $3.4T | 124 |
| Q2 2018 | Aug 14, 2018 | $3.3T | 134 |
| Q1 2018 | May 15, 2018 | $2.9T | 143 |
| Q4 2017 | Feb 14, 2018 | $3.3T | 171 |
| Q3 2017 | Nov 14, 2017 | $3.1T | 173 |
| Q2 2017 | Aug 14, 2017 | $3.0T | 140 |
| Q1 2017 | May 15, 2017 | $3.6T | 145 |
| Q4 2016 | Feb 14, 2017 | $3.3T | 138 |
| Q3 2016 | Nov 14, 2016 | $3.1T | 148 |
| Q2 2016 | Aug 15, 2016 | $2.8T | 137 |
| Q1 2016 | May 16, 2016 | $2.2T | 135 |
Fund Information
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $1.7B across 60 holdings. The largest position is ENERGY TRANSFER L P (ET), representing 7.6% of the portfolio. Compared to the previous quarter, the fund opened 60 new positions and closed 0 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.