SEC 13F Intelligence

Managers / Q4 2019 · view latest →

KAYNE ANDERSON CAPITAL ADVISORS LP

CIK 0000949615 · 2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES, CA, 90067 · 3105562721

Reported Value
$5.8B
Q4 2019
Positions
125
Filings on Record
31
2019–present window
Filed
Feb 6, 2020
original filing

Summary

Kayne Anderson Capital Advisors LP reported $5.8B in U.S.-listed holdings across 125 positions for Q4 2019.

Its largest position, EPD, represents 8.6% of the portfolio.

Compared with Q3 2019, the fund opened 7 new positions and exited 13.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+45.2%
share of reported value
Largest Position
+8.6%
Enterprise Prods Partners L
New / Exited
7 / 13
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.4BQ4 ’18Q1 ’19: $7.0BQ2 ’19: $6.7BQ3 ’19: $6.2BQ4 ’19: $5.8BQ4 ’19Q1 ’20: $1.9BQ2 ’20: $2.6BQ3 ’20: $2.4BQ4 ’20: $2.8BQ4 ’20Q1 ’21: $3.1BQ2 ’21: $3.5BQ3 ’21: $3.4BQ4 ’21: $3.3BQ4 ’21Q1 ’22: $4.2BQ2 ’22: $3.6BQ3 ’22: $3.4BQ4 ’22: $3.4BQ4 ’22Q1 ’23: $3.4BQ2 ’23: $3.3BQ3 ’23: $3.2BQ4 ’23: $3.2BQ4 ’23Q1 ’24: $3.6BQ2 ’24: $3.7BQ3 ’24: $3.9BQ4 ’24: $4.2BQ4 ’24Q1 ’25: $4.5BQ2 ’25: $4.3BQ3 ’25: $4.6BQ4 ’25: $4.4BQ4 ’25Q1 ’26: $5.2Bfilingsflow.com

Portfolio Composition

By security type
MLP: 50.5%Common Stock: 41.9%Other: 6.8%Ltd Part: 0.3%REIT: 0.2%Other: 0.2%
  • MLP · 50.5% · $2.9B
  • Common Stock · 41.9% · $2.4B
  • Other · 6.8% · $398M
  • Ltd Part · 0.3% · $16M
  • REIT · 0.2% · $14M
  • Other · 0.2% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HESMHESS MIDSTREAM LPNEW+2.17M2.17M+$49M$49M
NBLXUSDNOBLE MIDSTREAM PARTNERS LPNEW+1.35M1.35M+$35M$35M
CREDIT SUISSE NASSAU BRHNEW+213.7K213.7K+$11M$11M
AQNALGONQUIN PWR UTILS CORPNEW+350.0K350.0K+$5M$5M
TERRAFORM PWR INCNEW+237.6K237.6K+$4M$4M
INNOVATIVE INDL PPTYS INCNEW+12.0K12.0K+$909,000$909,000
AROCARCHROCK INCNEW+27.5K27.5K+$276,000$276,000
FIDUCIARY CLAYMORE ENGRY INFADDED+115.0K162.1K+$863,000$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EPDENTERPRISE PRODS PARTNERS Lhistory →COM11.45%$668M23.72M
2ETENERGY TRANSFER LPhistory →COM UT LTD PTN9.16%$534M41.62M
3WMBWILLIAMS COS INC DELhistory →COM8.20%$478M20.17M
4OKEONEOK INC NEWhistory →COM8.14%$475M6.27M
5WEPMAGELLAN MIDSTREAM PRTNRS LPhistory →COM UNIT RP LP5.39%$314M5.00M
6MPLXMPLX LPhistory →COM UNIT REP LTD4.68%$273M10.72M
7TRGPTARGA RES CORPhistory →COM4.06%$237M5.80M
8KMIKINDER MORGAN INC DELhistory →COM3.53%$206M9.74M
9SHELL MIDSTREAM PARTNERS L PUNIT LTD INT3.38%$197M9.75M
10PSXPUSDPHILLIPS 66 PARTNERS LPhistory →COM UNIT REP INT3.30%$192M3.12M
11ENBENBRIDGE INChistory →COM3.20%$187M4.69M
12PAAPLAINS ALL AMERN PIPELINE Lhistory →UNIT LTD PARTN3.13%$183M9.93M
13TRPTC ENERGY CORPhistory →COM2.87%$167M3.14M
14WESWESTERN MIDSTREAM PARTNERS Lhistory →COM UNIT LP INT2.80%$163M8.30M
15PPLPEMBINA PIPELINE CORPhistory →COM2.46%$143M3.87M
16BP MIDSTREAM PARTNERS LPUNIT LTD PTNR2.24%$130M8.35M
17PAGPEURPLAINS GP HLDGS L Phistory →LTD PARTNR INT A2.11%$123M6.49M
18CQPCHENIERE ENERGY PARTNERS LPhistory →COM UNIT2.02%$118M2.95M
19LNGCHENIERE ENERGY INChistory →COM NEW1.37%$80M1.31M
20DCP MIDSTREAM LPCOM UT LTD PTN1.27%$74M3.03M
21XIFRNEXTERA ENERGY PARTNERS LPhistory →COM UNIT PART IN1.07%$62M1.18M
22TCPTC PIPELINES LPhistory →UT COM LTD PRT0.78%$45M1.07M
23KNOT OFFSHORE PARTNERS LPCOM UNITS0.76%$45M2.25M
24NEENEXTERA ENERGY INChistory →COM0.70%$41M168.2K
25GLPGLOBAL PARTNERS LPhistory →COM UNITS0.64%$37M1.86M
26NBLXUSDNOBLE MIDSTREAM PARTNERS LPhistory →COM UNIT REPST0.59%$35M1.35M
27AMANTERO MIDSTREAM CORPhistory →COM0.58%$34M4.43M
28ATLANTICA YIELD PLCSHS0.52%$31M1.16M
29EQMUSDEQM MIDSTREAM PARTNERS LPhistory →UNIT LTD PARTN0.50%$29M967.9K
30HESMHESS MIDSTREAM LPhistory →CL A SHS0.48%$28M1.24M
31SRESEMPRA ENERGYhistory →COM0.41%$24M158.8K
32GASLOG PARTNERS LPUNIT LTD PTNRP0.40%$24M1.51M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.2B74May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.4B66Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.6B73Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.3B68Aug 11, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$4.5B70May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.2B72Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.9B70Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.7B80Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.6B88May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.2B118Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.2B124Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.3B111Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.4B118May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.4B121Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.4B127Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.6B130Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.2B141May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.3B137Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.4B133Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.5B138Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.1B132May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.8B122Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.4B126Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.6B145Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.9B137May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$5.8B125Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$6.2B134Nov 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$6.7B130Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$7.0B130May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.4B133Feb 13, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • KA Fund Advisors LLC

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.