SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Tortoise Index Solutions, LLC

CIK 0001650373 · 5901 COLLEGE BOULEVARD, SUITE 400, OVERLAND PARK, KS, 66211-1861 · 913-981-1020

Reported Value
$245M
Q1 2020
Positions
107
Filings on Record
22
2019–present window
Filed
May 14, 2020
original filing

Summary

Tortoise Index Solutions, LLC reported $245M in U.S.-listed holdings across 107 positions for Q1 2020.

Its largest position, TRP, represents 8.7% of the portfolio.

Compared with Q4 2019, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+0.3%
vs prior filed quarter
Top-10 Concentration
+58.8%
share of reported value
Largest Position
+8.7%
Tc Energy
New / Exited
1 / 1
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: $263MQ4 ’18Q1 ’19: $336MQ2 ’19: $338MQ3 ’19: $332MQ3 ’19Q4 ’19: $462MQ1 ’20: $245MQ2 ’20: $287MQ2 ’20Q3 ’20: $260MQ4 ’20: $354MQ1 ’21: $416MQ1 ’21Q2 ’21: $478MQ3 ’21: $421MQ4 ’21: $454MQ4 ’21Q1 ’22: $554MQ2 ’22: $531MQ3 ’22: $515MQ3 ’22Q4 ’22: $572MQ1 ’23: $524MQ2 ’23: $490MQ2 ’23Q3 ’23: $481MQ4 ’23: $538MQ1 ’24: $497MQ1 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 81.6%MLP: 17.4%Other: 0.5%Unit: 0.2%ADR: 0.1%Other: 0.0%
  • Common Stock · 81.6% · $200M
  • MLP · 17.4% · $43M
  • Other · 0.5% · $1M
  • Unit · 0.2% · $526,000
  • ADR · 0.1% · $353,000
  • Other · 0.0% · $72,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WTRGEssential Utilities IncNEW+19.5K19.5K+$793,000$793,000
Aquaventure Holdings LtdSOLD OUT2.2K0$60,000$0
WEPMagellan Midstream Partners, LPADDED+107.7K261.6K$132,000$10M
HESMHess Midstream LPTRIMMED5.2K6.1K$193,000$62,000
DFSEURDiscover Financial ServicesADDED+2.1K7.1K$168,000$253,000
NINisource IncTRIMMED261.0K440.0K$9M$11M
ATOAtmos Energy CorpTRIMMED60.1K115.7K$8M$11M
TRPTC Energy Corp.TRIMMED202.8K481.1K$15M$21M

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

Holdings — Q1 2020

50 positions
#IssuerClass% PortfolioValueShares
1TRPTC Energy Corp.history →cs8.71%$21M481.1K
2ENBEnbridge Inchistory →cs8.45%$21M710.5K
3KMIKinder Morgan Inchistory →cs8.11%$20M1.43M
4WMBWilliams Companies, Inchistory →cs6.43%$16M1.11M
5EPDEnterprise Products Partners LPhistory →lp6.12%$15M1.05M
6ATOAtmos Energy Corphistory →cs4.69%$11M115.7K
7NINisource Inchistory →cs4.49%$11M440.0K
8LNGCheniere Energy Inc.history →cs4.08%$10M297.7K
9WEPMagellan Midstream Partners, LPhistory →lp3.90%$10M261.6K
10OGSONE Gas, Inc.history →cs3.83%$9M112.2K
11PPLPembina Pipeline Corphistory →cs3.81%$9M496.5K
12OKEONEOK, Inchistory →cs3.39%$8M379.7K
13SWXSouthwest Gas Corporationhistory →cs3.30%$8M116.1K
14SRSpire Inchistory →cs3.30%$8M108.3K
15ETEnergy Transfer LPhistory →lp3.12%$8M1.66M
16NJRNew Jersey Resources Corporationhistory →cs2.82%$7M203.4K
17NFGNational Fuel Gas Cohistory →cs2.80%$7M183.8K
18SJIEURSouth Jersey Industries, Inc.history →cs2.01%$5M196.6K
19NWNNorthwest Natural Holding Co.history →cs1.63%$4M64.6K
20TRGPTarga Resources Corp.history →cs1.40%$3M495.8K
21CPKChesapeake Utilities Corporationhistory →cs1.22%$3M34.8K
22MPLXMPLX LPhistory →lp1.00%$2M210.9K
23ETRNUSDEquitrans Midstream Corporationcs0.89%$2M434.1K
24Tallgrass Energy LPcs0.56%$1M82.9K
25AMAntero Midstream Corporationcs0.54%$1M632.5K
26PAAPlains All American Pipeline, L.P.lp0.52%$1M241.5K
27PSXPUSDPhillips 66 Partners LPlp0.47%$1M31.2K
28AWCAmerican Water Works Companycs0.44%$1M8.9K
29XYLXylem Inc.cs0.42%$1M15.8K
30AROCArchrock, Inc.cs0.36%$888,000236.1K
31TCPTC PipeLines, LPlp0.33%$819,00029.8K
32WTRGEssential Utilities Inccs0.32%$793,00019.5K
33Shell Midstream Partners LPlp0.29%$704,00070.5K
34CQPCheniere Energy Partners LPlp0.25%$621,00023.0K
35PAGPEURPlains GP Holdings, L.P.cs0.23%$560,00099.8K
36EQMUSDEQM Midstream Partners, LPlp0.22%$533,00045.2K
370E41Enlink Midstream, LLCcs0.22%$526,000478.4K
38PENTAIR INCcs0.21%$504,00016.9K
39DOCUDocusign Inccs0.19%$466,0005.0K
40NSUSDNuStar Energy L.P.lp0.19%$463,00053.9K
41SUNSunoco LPlp0.19%$462,00029.6K
42AWRAmerican States Water Companycs0.16%$386,0004.7K
43JKHYJack Henry & Associates Inccs0.15%$364,0002.3K
44WESWestern Midstream Partners LPlp0.15%$355,000109.6K
45RXNEURRexnord Corpcs0.14%$353,00015.6K
46VVISA Inccs0.14%$352,0002.2K
47FISVFiserv Inccs0.14%$350,0003.7K
48PYPLPaypal Holdings Inccs0.14%$348,0003.6K
49HEPUSDHolly Energy Partners, L.P.lp0.14%$348,00024.8K
50FISFidelity National Informationcs0.14%$346,0002.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2024$497M64May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$538M63Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$481M65Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$490M65Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$524M66May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$572M65Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$515M79Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$531M110Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$554M108May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$454M111Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$421M109Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$478M101Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$416M88May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$354M108Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$260M104Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$287M75Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$245M107May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$462M107Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$332M157Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$338M161Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$336M162May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$263M87Feb 13, 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 ↗.