SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Tortoise Investment Management, LLC

CIK 0001599511 · 2 WESTCHESTER PARK DRIVE, SUITE 215, WHITE PLAINS, NY, 10604 · 914-686-0024

Reported Value
$957M
Q3 2024
Positions
892
Filings on Record
38
2019–present window
Filed
Nov 13, 2024
original filing

Summary

Tortoise Investment Management, LLC reported $957M in U.S.-listed holdings across 892 positions for Q3 2024.

Its largest position, Ishares Tr, represents 9.2% of the portfolio.

Compared with Q2 2024, the fund opened 45 new positions and exited 49.

Portfolio Metrics

Turnover
+2.6%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+9.2%
Ishares Tr
New / Exited
45 / 49
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: $370MQ4 ’18Q1 ’19: $382MQ2 ’19: $396MQ3 ’19: $388MQ4 ’19: $424MQ4 ’19Q1 ’20: $345MQ2 ’20: $387MQ3 ’20: $410MQ4 ’20: $438MQ4 ’20Q1 ’21: $455MQ2 ’21: $485MQ3 ’21: $495MQ4 ’21: $534MQ4 ’21Q1 ’22: $540MQ2 ’22: $510MQ3 ’22: $514MQ4 ’22: $571MQ4 ’22Q1 ’23: $628MQ2 ’23: $674MQ3 ’23: $672MQ4 ’23: $737MQ4 ’23Q1 ’24: $824MQ2 ’24: $877MQ3 ’24: $957MQ4 ’24: $947MQ4 ’24Q1 ’25: $960MQ2 ’25: $1.0BQ3 ’25: $1.1BQ4 ’25: $1.1BQ4 ’25Q1 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
ETP: 84.1%Common Stock: 8.2%Closed-End Fund: 7.4%Other: 0.1%ADR: 0.1%Other: 0.1%
  • ETP · 84.1% · $805M
  • Common Stock · 8.2% · $79M
  • Closed-End Fund · 7.4% · $71M
  • Other · 0.1% · $1M
  • ADR · 0.1% · $743,781
  • Other · 0.1% · $766,765

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JANUS DETROIT STR TRNEW+75.6K75.6K+$4M$4M
VANGUARD WORLD FDNEW+445445+$151,514$151,514
VANGUARD ADMIRAL FDS INCNEW+770770+$146,854$146,854
AMERICAN CENTY ETF TRNEW+1.1K1.1K+$64,441$64,441
VANGUARD WHITEHALL FDSNEW+399399+$51,152$51,152
AMERICAN CENTY ETF TRNEW+700700+$38,724$38,724
SMMTSUMMIT THERAPEUTICS INCNEW+1.4K1.4K+$30,222$30,222
DBX ETF TRNEW+800800+$28,856$28,856

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

Holdings — Q3 2024

26 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · 0-5 YR TIPS ETF · 0-3 MNTH TREASRY · CORE S&P TTL STK · CMBS ETF · RUS 1000 ETF · CORE MSCI EAFE · CORE S&P US VLU · CORE S&P SCP ETF · 20+ YEAR TR BD · S&P 500 VAL ETF29.51%$283M2.33M
2DFAUDIMENSIONAL ETF TRUSTUS CORE EQT MKT · SHORT DURATION F · US CORE EQUITY 2 · INTL CORE EQT MK · EMGR CRE EQT MNG4.67%$45M1.22M
3SCHWAB STRATEGIC TRUS LRG CAP ETF · US REIT ETF · INTL SCEQT ETF · US SML CAP ETF4.58%$44M1.14M
4AMERICAN CENTY ETF TRUS EQT ETF · US SML CP VALU · AVANTIS EMGMKT4.11%$39M442.5K
5VGSHVANGUARD SCOTTSDALE FDSLONG TERM TREAS · SHORT TERM TREAS3.83%$37M602.3K
6VTVVANGUARD INDEX FDSVALUE ETF · TOTAL STK MKT · LARGE CAP ETF3.14%$30M135.2K
7ISHARES INCCORE MSCI EMKT2.04%$20M340.6K
8SPDR INDEX SHS FDSPORTFOLIO EMG MK · PORTFOLIO DEVLPD2.03%$19M489.4K
9NUVEEN MUN VALUE FD INCCOM1.86%$18M1.98M
10AAPLAPPLE INChistory →COM1.68%$16M69.1K
11SPDR S&P 500 ETF TRTR UNIT1.64%$16M27.4K
12DOUBLELINE ETF TRUSTMORTGAGE ETF1.54%$15M291.7K
13NUWNUVEEN AMT-FREE MUN VALUE FDhistory →COM1.52%$15M1.02M
14SIMPLIFY EXCHANGE TRADED FUNMBS ETF1.42%$14M264.0K
15BLACKROCK MUN TARGET TERM TRCOM SHS BEN IN1.40%$13M618.3K
16WISDOMTREE TREMG MKTS SMCAP1.30%$12M230.9K
17ANGEL OAK FUNDS TRUSTINCOME ETF1.23%$12M557.7K
18EA SERIES TRUSTALPHA ARCH 1-31.00%$10M87.9K
19VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.98%$9M177.4K
20VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.94%$9M187.2K
21BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.91%$9M18.9K
22PGRPROGRESSIVE CORPCOM0.89%$9M33.6K
23NUVEEN N Y MUN VALUE FDCOM0.81%$8M897.0K
24INVESCO EXCH TRADED FD TR IITAXABLE MUN BD0.68%$7M236.7K
25SPDR SER TRPORTFOLIO S&P6000.66%$6M139.7K
26NUVEEN SELECT MAT MUN FDSH BEN INT0.61%$6M627.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B252May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.1B240Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.1B1,569Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B1,311Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$960M831May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$947M873Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$957M892Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$877M894Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$824M876May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$737M801Feb 29, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$672M810Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$674M782Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$628M785May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$571M777Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$514M767Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$510M751Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$540M697May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$534M674Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$495M633Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$485M616Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$455M597May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$438M554Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$410M539Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$387M523Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$345M571May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$424M615Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$388M624Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$396M646Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$382M646May 7, 201913F-HRchanges · EDGAR ↗
Q4 2018$370M555Feb 8, 201913F-HRchanges · 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 ↗.