SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Tortoise Index Solutions, LLC

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

Reported Value
$260M
Q3 2020
Positions
104
Filings on Record
22
2019–present window
Filed
Nov 13, 2020
original filing

Summary

Tortoise Index Solutions, LLC reported $260M in U.S.-listed holdings across 104 positions for Q3 2020.

Its largest position, WMB, represents 7.9% of the portfolio.

Compared with Q2 2020, the fund opened 31 new positions and exited 2.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+59.8%
share of reported value
Largest Position
+7.9%
Williams Companies
New / Exited
31 / 2
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
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: 79.2%MLP: 19.7%Unit: 0.4%Ltd Part: 0.4%Other: 0.1%ADR: 0.1%
  • Common Stock · 79.2% · $206M
  • MLP · 19.7% · $51M
  • Unit · 0.4% · $1M
  • Ltd Part · 0.4% · $1M
  • Other · 0.1% · $372,000
  • ADR · 0.1% · $331,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TTEKTetra Tech, Inc.NEW+5.7K5.7K+$547,000$547,000
STNEStoneco LtdNEW+4.6K4.6K+$246,000$246,000
CAPLCrossAmerica Partners LPNEW+13.7K13.7K+$204,000$204,000
HESMHess Midstream LPNEW+12.5K12.5K+$189,000$189,000
Evoqua Water Technologies CorpNEW+8.7K8.7K+$184,000$184,000
DKLDelek Logistics Partners LPNEW+6.2K6.2K+$176,000$176,000
PAGSPagseguro Digital LtdNEW+4.5K4.5K+$171,000$171,000
HTOSjw CorpNEW+2.8K2.8K+$167,000$167,000

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

Holdings — Q3 2020

104 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WMBWilliams Companies, Inchistory →cs7.90%$21M1.05M
2KMIKinder Morgan Inchistory →cs7.88%$21M1.66M
3ENBEnbridge Inchistory →cs7.77%$20M692.8K
4TRPTC Energy Corp.history →cs7.67%$20M474.9K
5EPDEnterprise Products Partners LPhistory →lp7.00%$18M1.15M
6NINisource Inchistory →cs4.47%$12M528.3K
7ATOAtmos Energy Corphistory →cs4.44%$12M120.8K
8OKEONEOK, Inchistory →cs4.40%$11M441.1K
9LNGCheniere Energy Inc.history →cs4.21%$11M236.8K
10ETEnergy Transfer LPhistory →lp4.01%$10M1.93M
11PBAPembina Pipeline Corphistory →cs3.96%$10M485.9K
12NFGNational Fuel Gas Cohistory →cs2.58%$7M165.5K
13OGSONE Gas, Inc.history →cs2.55%$7M96.3K
14SWXSouthwest Gas Corporationhistory →cs2.47%$6M101.7K
15Equitrans Midstream Corporationcs2.41%$6M740.2K
16TRGPTarga Resources Corp.history →cs2.29%$6M424.2K
17Magellan Midstream Partners, LPlp2.19%$6M166.6K
18SRSpire Inchistory →cs1.91%$5M93.6K
19NJRNew Jersey Resources Corporationhistory →cs1.81%$5M174.3K
20MPLXMPLX LPhistory →lp1.61%$4M266.0K
21South Jersey Industries, Inc.cs1.35%$4M182.4K
22AMAntero Midstream Corporationhistory →cs1.07%$3M517.3K
23CPKChesapeake Utilities Corporationcs0.96%$3M29.8K
24NWNNorthwest Natural Holding Co.cs0.96%$3M55.2K
25PAAPlains All American Pipelinelp0.77%$2M336.5K
26NFENew Fortress Energy Inc.cs0.52%$1M30.8K
27AWKAmerican Water Works Companycs0.50%$1M9.0K
28XYLXylem Inc.cs0.48%$1M14.9K
29AROCArchrock, Inc.cs0.47%$1M229.8K
30WESWestern Midstream Partners LPlp0.46%$1M148.6K
31Enlink Midstream, LLCcs0.43%$1M474.2K
32CQPCheniere Energy Partners LPlp0.40%$1M31.5K
33Phillips 66 Partners LPlp0.39%$1M44.1K
34TC PipeLines, LPlp0.39%$1M39.8K
35SUNSunoco LPlp0.38%$991,00040.6K
36Shell Midstream Partners LPlp0.33%$868,00091.8K
37PAGPPlains GP Holdings, L.P.cs0.32%$845,000138.7K
38NuStar Energy L.P.lp0.30%$786,00074.0K
39DCP Midstream LPlp0.30%$771,00069.0K
40AOSAo Smith Corpcs0.29%$748,00014.2K
41WTRGEssential Utilities Inccs0.28%$741,00018.4K
42PNRPENTAIR INCcs0.27%$698,00015.2K
43TTEKTetra Tech, Inc.cs0.21%$547,0005.7K
44Crestwood Equity Partners LPlp0.18%$474,00038.0K
45Holly Energy Partners, L.P.lp0.16%$414,00034.1K
46GELGenesis Energy L.P.lp0.15%$382,00084.9K
47Rexnord Corpcs0.15%$379,00012.7K
48USACUSA Compression Partners LPlp0.14%$372,00037.2K
49XYZSquare Inccs0.14%$362,0002.2K
50FISVFiserv Inccs0.13%$346,0003.4K
51Discover Financial Servicescs0.13%$340,0005.9K
52GPNGlobal Payments Inccs0.13%$338,0001.9K
53Fleetcor Technologies Inccs0.13%$328,0001.4K
54PYPLPaypal Holdings Inccs0.13%$326,0001.7K
55DOCUDocusign Inccs0.13%$326,0001.5K
56MAMasterCard Incorporatedcs0.12%$321,000948
57BP Midstream Partners LPlp0.12%$321,00032.4K
58FISFidelity National Informationcs0.12%$318,0002.2K
59VVISA Inccs0.12%$315,0001.6K
60AXPAmerican Express Cocs0.12%$313,0003.1K
61JKHYJack Henry & Associates Inccs0.12%$311,0001.9K
62SBSCia de Saneamento Basico do Esad0.12%$301,00036.3K
63AWRAmerican States Water Companycs0.11%$293,0003.9K
64WTSWatts Water Technologies, Inc.cs0.11%$292,0002.9K
65Enable Midstream Partners LPlp0.10%$271,00065.6K
66GLPGlobal Partners LPlp0.10%$268,00020.5K
67STNEStoneco Ltdcs0.09%$246,0004.6K
68FELEFranklin Electric Co Inccs0.09%$239,0004.1K
69CWTCalifornia Water Service Groupcs0.09%$224,0005.2K
70WUWestern Union Co/Thecs0.09%$222,00010.3K
71CAPLCrossAmerica Partners LPlp0.08%$204,00013.7K
72BMIBadger Meter, Inc.cs0.08%$202,0003.1K
73Rattler Midstream Partners LPlp0.08%$197,00033.1K
74HESMHess Midstream LPcs0.07%$189,00012.5K
75Noble Midstream Partners LPlp0.07%$184,00025.2K
76Evoqua Water Technologies Corpcs0.07%$184,0008.7K
77DKLDelek Logistics Partners LPlp0.07%$176,0006.2K
78MWAMueller Water Products, Inc.cs0.07%$174,00016.7K
79PAGSPagseguro Digital Ltdcs0.07%$171,0004.5K
80HTOSjw Corpcs0.06%$167,0002.8K
81WEXWex Inccs0.06%$154,0001.1K
82PBF Logistics LPlp0.06%$153,00018.8K
83EEFTEuronet Worldwide Inccs0.04%$116,0001.3K
84MSEXMiddlesex Water Cocs0.04%$115,0001.9K
85QTWOQ2 Holdings Inccs0.04%$115,0001.3K
86Sprague Resources, LPlp0.04%$115,0007.6K
87LNNLindsay Corporationcs0.04%$111,0001.1K
88ACIWAci Worldwide Inccs0.03%$75,0002.9K
89VYXNcr Corpcs0.03%$71,0003.2K
90EVTCEvertec Inccs0.02%$62,0001.8K
91GDOTGreen Dot Corpcs0.02%$59,0001.2K
92YORWThe York Water Cocs0.02%$58,0001.4K
93Oasis Midstream Partners LPlp0.02%$51,0008.2K
94Bottomline Technologies De Inccs0.02%$47,0001.1K
95AEGNAegion Corpcs0.02%$46,0003.3K
96Csg Systems International Inccs0.01%$34,000819
97Zuora Inccs0.01%$27,0002.6K
98Evo Payments Inccs0.01%$25,0001.0K
99QIWQiwi Plcad0.01%$23,0001.3K
100OSPNOnespan Inccs0.01%$18,000860

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 ↗.