Managers / Q3 2023 · view latest →

PIN OAK INVESTMENT ADVISORS INC

CIK 0001094584 · 510 BERING, SUITE 100, HOUSTON, TX, 77057 · 7138718300

Reported Value

$89M

Q3 2023

Positions

472

Filings on Record

2019–present window

Filed

Nov 15, 2023

original filing

Summary

Pin Oak Investment Advisors Inc reported $89M in U.S.-listed holdings across 472 positions for Q3 2023.

Its largest position, KRP, represents 11.5% of the portfolio.

Compared with Q2 2023, the fund opened 23 new positions and exited 19.

Portfolio Metrics

Turnover

+12.0%

vs prior filed quarter

Top-10 Concentration

+45.7%

share of reported value

Largest Position

+11.5%

Kimbell Royalty Partners

New / Exited

23 / 19

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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

Portfolio Composition

By security type

Common Stock · 60.3% · $54M
Unit · 11.5% · $10M
MLP · 9.0% · $8M
ETP · 9.0% · $8M
Closed-End Fund · 2.9% · $3M
Other · 7.5% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
OKE Oneok Inc	NEW	+25.0K	25.0K	+$2M	$2M
GOOG Alphabet Inc. Class C	NEW	+6.9K	6.9K	+$914,000	$914,000
Liberty Media Corp	NEW	+34.2K	34.2K	+$870,000	$870,000
GT Goodyear Tire Rubber	NEW	+38.7K	38.7K	+$481,000	$481,000
Liberty Media Corp	NEW	+13.3K	13.3K	+$339,000	$339,000
Liberty Media Corp	NEW	+8.5K	8.5K	+$274,000	$274,000
Liberty Media Corp	NEW	+3.1K	3.1K	+$100,000	$100,000
XCIFX MFS Intermediate High Income Fund	NEW	+53.6K	53.6K	+$84,000	$84,000

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

Holdings — Q3 2023

466 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	KRP Kimbell Royalty Partners LP history →	LTD PARTN	11.47%	$10M	636.5K
2	NOG Northern Oil And Gas history →	COM	6.11%	$5M	133.6K
3	AAPL Apple Inc history →	COM	5.83%	$5M	30.3K
4	EPD Enterprise Prods Part LP history →	LTD PARTN	4.68%	$4M	151.8K
5	ET Energy Transfer Partn LP history →	COM	4.07%	$4M	257.4K
6	EOG Eog Resources Inc history →	COM	3.40%	$3M	23.8K
7	GOOGL Alphabet Inc. Class A	CL A · CL C	3.15%	$3M	21.3K
8	EXMOC Exxon Mobil Corp history →	COM	2.73%	$2M	20.6K
9	CVX Chevron Corp history →	COM	2.50%	$2M	13.1K
10	SPY SPDR S&P 500 ETF history →	ETF	1.80%	$2M	3.7K
11	Liberty Media Corp	COM	1.79%	$2M	59.4K
12	OKE Oneok Inc history →	COM	1.78%	$2M	25.0K
13	BRK/B Berkshire Hathaway Class B history →	CL B	1.65%	$1M	4.2K
14	MSFT Microsoft Corp history →	COM	1.54%	$1M	4.3K
15	IBKR Interactive Brokers Class A history →	COM	1.43%	$1M	14.7K
16	PAGP Plains GP HLDGS history →	LTD PARTN	1.41%	$1M	77.6K
17	PFE Pfizer Inc history →	COM	1.26%	$1M	33.7K
18	IWF iShares Russell 1000 Growth ETF history →	ETF	1.22%	$1M	4.1K
19	Pioneer Natural Res	COM	1.21%	$1M	4.7K
20	HAL Halliburton Co HLDG history →	COM	1.16%	$1M	25.3K
21	JNJ Johnson & Johnson history →	COM	1.09%	$972,000	6.2K
22	WMT WalMart Inc history →	COM	1.09%	$970,000	6.1K
23	AR Antero Resources Cor	COM	0.99%	$880,000	34.7K
24	GLD SPDR Gold Shares ETF	COM	0.99%	$879,000	5.1K
25	DVN Devon Energy Corp	COM	0.90%	$800,000	16.8K
26	SHEL Shell PLC F Unsponsored ADR	COM	0.89%	$790,000	12.3K
27	HIO Westrn Asst High Incm Op	COM	0.88%	$784,000	213.2K
28	First Trust High Income	COM	0.73%	$644,000	60.1K
29	AMZN Amazon.Com Inc Forward Split	COM	0.68%	$603,000	4.7K
30	COP Conocophillips	COM	0.60%	$531,000	4.4K
31	BAC Bank Of America Corp	COM	0.58%	$511,000	18.7K
32	DSL Doubleline Income Soluti	CEF	0.56%	$499,000	42.6K
33	LOW Lowes Companies Inc	COM	0.56%	$494,000	2.4K
34	XEVVX Eaton Vance Limited Dura	COM	0.54%	$484,000	53.5K
35	GT Goodyear Tire Rubber	COM	0.54%	$481,000	38.7K
36	ABBV Abbvie Inc	COM	0.53%	$469,000	3.1K
37	MSPRW MSP Recovery Inc 27 WTF Warrants Exp 05/20/27	WRNT	0.53%	$468,000	59.37M
38	INTC Intel Corp	COM	0.52%	$459,000	12.9K
39	ADI Analog Devices Inc	COM	0.51%	$456,000	2.6K
40	JPM JPMorgan Chase & Co	COM	0.51%	$454,000	3.1K
41	OXY Occidental Petrol Co	COM	0.51%	$452,000	7.0K
42	CSCO Cisco Systems Inc	COM	0.49%	$433,000	8.1K
43	TDOC Teladoc Inc	COM	0.46%	$408,000	21.9K
44	MRK Merck & Co. Inc.	COM	0.43%	$384,000	3.7K
45	NVDA Nvidia Corp	COM	0.43%	$378,000	868
46	BA Boeing Co	COM	0.41%	$368,000	1.9K
47	IVV iShares Core S&P 500 ETF	ETF	0.40%	$359,000	833
48	WFC Wells Fargo & Co	COM	0.39%	$342,000	8.4K
49	BTZ BlackRock Credit Allocat	COM	0.37%	$330,000	34.1K
50	VEA Vanguard FTSE Developed Markets ETF	ETF	0.36%	$322,000	7.4K
51	RSP Invesco S&P 500 Equal Weight ETF	ETF	0.32%	$280,000	2.0K
52	MPC Marathon Pete Corp	COM	0.31%	$278,000	1.8K
53	ABT Abbott Laboratories	COM	0.31%	$276,000	2.9K
54	BP BP PLC F Sponsored ADR	COM	0.31%	$273,000	7.1K
55	AEM Agnico Eagle Mines F	LTD PARTN	0.30%	$269,000	5.9K
56	GS Goldman Sachs Group	COM	0.30%	$266,000	822
57	Cedar Fair L P LP	LTD PARTN	0.28%	$251,000	6.8K
58	KHC Kraft Heinz Co	COM	0.28%	$247,000	7.3K
59	KYN Kayne Anderson Energy In	CEF	0.27%	$238,000	27.7K
60	PLTR Palantir Technologies In Class A	COM	0.26%	$233,000	14.5K
61	T A T & T Inc	COM	0.26%	$228,000	15.2K
62	KO The Coca-Cola Co	COM	0.25%	$225,000	4.0K
63	VLO Valero Energy Corp	COM	0.25%	$224,000	1.6K
64	HD Home Depot Inc	COM	0.24%	$212,000	702
65	BIIB Biogen Inc	COM	0.24%	$211,000	820
66	VIG Vanguard Dividend Appreciation ETF	ETF	0.24%	$210,000	1.3K
67	NKE Nike Inc Class B	CL B	0.23%	$208,000	2.2K
68	PEP Pepsico Inc	COM	0.23%	$207,000	1.2K
69	RTX Raytheon Technologies Co	COM	0.23%	$206,000	2.9K
70	BlackRock Inc	COM	0.23%	$204,000	315
71	IWD iShares Russell 1000 Value ETF	ETF	0.23%	$202,000	1.3K
72	PG Procter & Gamble	COM	0.22%	$199,000	1.4K
73	UNP Union Pacific Corp	COM	0.22%	$199,000	975
74	NSC Norfolk Southern Co	COM	0.22%	$196,000	996
75	UNH UnitedHealth Group	COM	0.22%	$195,000	386
76	SYK Stryker Corp	COM	0.21%	$189,000	690
77	AMX America Movil Sab F Sponsored ADR	CL B	0.21%	$188,000	10.8K
78	DE Deere & Co	COM	0.21%	$184,000	485
79	HON Honeywell Intl Inc	COM	0.20%	$179,000	968
80	ADBE Adobe Inc	COM	0.20%	$178,000	350
81	GD General Dynamics Co	COM	0.20%	$178,000	804
82	VTI Vanguard Total Stock Market ETF	ETF	0.20%	$178,000	837
83	V Visa Inc Class A	COM	0.19%	$165,000	719
84	DIS Walt Disney Co	COM	0.18%	$164,000	2.0K
85	TRV Travelers	COM	0.18%	$163,000	997
86	XLK Technology Select Sector SPDR ETF	ETF	0.18%	$162,000	986
87	IAU iShares Gold ETF	COM	0.18%	$162,000	4.6K
88	FLR Fluor Corp	COM	0.18%	$161,000	4.4K
89	META Meta Platforms Inc Class A	CL A	0.18%	$159,000	528
90	PM Philip Morris Intl	COM	0.18%	$157,000	1.7K
91	General Electric Co	COM	0.17%	$151,000	1.4K
92	MA Mastercard Inc Class A	CL A	0.17%	$150,000	378
93	TXN Texas Instruments	COM	0.17%	$148,000	928
94	CAT Caterpillar	COM	0.17%	$147,000	539
95	CCI Crown Castle Intl Co REIT	COM	0.16%	$146,000	1.6K
96	NOC Northrop Grumman	COM	0.16%	$144,000	326
97	IWB iShares Russell 1000 ETF	ETF	0.16%	$141,000	597
98	PAA Plains All American P LP	LTD PARTN	0.16%	$140,000	9.2K
99	MSP Recovery Inc Class A	CL A	0.15%	$133,000	617.7K
100	SHW Sherwin Williams Co	COM	0.15%	$133,000	521

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$141M	504	May 15, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	Under review	501	Feb 13, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	Under review	498	Nov 17, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$118M	508	Aug 11, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$131M	455	May 7, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$110M	476	Feb 11, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$110M	493	Nov 14, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$105M	477	Aug 14, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$104M	454	May 14, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$99M	463	Feb 14, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$89M	472	Nov 15, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$90M	469	Aug 15, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$81M	440	May 11, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	Under review	427	Feb 14, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$80M	398	Nov 14, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$82M	418	Aug 12, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$94M	420	May 13, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$99M	428	Feb 14, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$91M	401	Nov 15, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$98M	400	Aug 16, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$118M	411	May 12, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$122M	424	Feb 19, 2021	RESTATEMENT	changes · EDGAR ↗
Q3 2020	$104M	394	Nov 17, 2020	RESTATEMENT	changes · EDGAR ↗
Q2 2020	$108M	379	Aug 14, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$95M	398	May 18, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$124M	391	Feb 11, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$122M	415	Nov 15, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$128M	466	Aug 14, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$125M	428	May 14, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$113M	424	Feb 26, 2019	13F-HR	changes · EDGAR ↗

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 ↗.