SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Tortoise Index Solutions, LLC

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

Reported Value
$354M
Q4 2020
Positions
108
Filings on Record
22
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Tortoise Index Solutions, LLC reported $354M in U.S.-listed holdings across 108 positions for Q4 2020.

Its largest position, ENB, represents 7.8% of the portfolio.

Compared with Q3 2020, the fund opened 4 new positions and exited 0.

Portfolio Metrics

Turnover
+0.0%
vs prior filed quarter
Top-10 Concentration
+59.3%
share of reported value
Largest Position
+7.8%
Enbridge

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: 78.8%MLP: 19.9%Unit: 0.6%Ltd Part: 0.4%Other: 0.1%ADR: 0.1%
  • Common Stock · 78.8% · $279M
  • MLP · 19.9% · $71M
  • Unit · 0.6% · $2M
  • Ltd Part · 0.4% · $2M
  • Other · 0.1% · $465,000
  • ADR · 0.1% · $369,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KNTKAltus Midstream CompanyNEW+5.4K5.4K+$257,000$257,000
Montrose Environmental GroupNEW+1.4K1.4K+$42,000$42,000
CMRCBigCommerce Holdings, Inc.NEW+384384+$25,000$25,000
MITKMitek Systems Inc.NEW+1.0K1.0K+$19,000$19,000
CQPCheniere Energy Partners LPADDED+13.5K45.0K+$540,000$2M
Evoqua Water Technologies CorpADDED+3.6K12.3K+$147,000$331,000
TRPTC Energy Corp.ADDED+165.1K640.0K+$6M$26M
ATOAtmos Energy CorpADDED+37.0K157.8K+$4M$15M

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

Holdings — Q4 2020

108 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ENBEnbridge Inchistory →cs7.78%$28M862.2K
2KMIKinder Morgan Inchistory →cs7.64%$27M1.98M
3TRPTC Energy Corp.history →cs7.35%$26M640.0K
4WMBWilliams Companies, Inchistory →cs7.31%$26M1.29M
5EPDEnterprise Products Partners LPhistory →lp7.00%$25M1.27M
6OKEONEOK, Inchistory →cs5.17%$18M477.2K
7LNGCheniere Energy Inc.history →cs4.32%$15M255.2K
8NINisource Inchistory →cs4.31%$15M665.0K
9ATOAtmos Energy Corphistory →cs4.25%$15M157.8K
10ETEnergy Transfer LPhistory →lp4.15%$15M2.38M
11PBAPembina Pipeline Corphistory →cs3.85%$14M577.2K
12TRGPTarga Resources Corp.history →cs3.56%$13M477.6K
13OGSONE Gas, Inc.history →cs2.40%$9M110.7K
14NFGNational Fuel Gas Cohistory →cs2.20%$8M189.7K
15Magellan Midstream Partners, LPlp2.11%$7M176.4K
16SWXSouthwest Gas Corporationhistory →cs2.03%$7M118.5K
17NJRNew Jersey Resources Corporationhistory →cs2.01%$7M200.5K
18SRSpire Inchistory →cs1.95%$7M107.7K
19Equitrans Midstream Corporationcs1.92%$7M847.9K
20MPLXMPLX LPhistory →lp1.70%$6M278.9K
21AMAntero Midstream Corporationhistory →cs1.30%$5M596.5K
22South Jersey Industries, Inc.cs1.28%$5M209.8K
23CPKChesapeake Utilities Corporationhistory →cs1.11%$4M36.4K
24PAAPlains All American Pipelinelp0.84%$3M362.0K
25NWNNorthwest Natural Holding Co.cs0.83%$3M63.8K
26AROCArchrock, Inc.cs0.65%$2M267.9K
27WESWestern Midstream Partners LPlp0.58%$2M147.7K
28Enlink Midstream, LLCcs0.57%$2M541.4K
29NFENew Fortress Energy Inc.cs0.53%$2M35.2K
30AWKAmerican Water Works Companycs0.50%$2M11.7K
31XYLXylem Inc.cs0.50%$2M17.6K
32CQPCheniere Energy Partners LPlp0.45%$2M45.0K
33DCP Midstream LPlp0.37%$1M71.0K
34PAGPPlains GP Holdings, L.P.cs0.35%$1M145.2K
35TC PipeLines, LPlp0.34%$1M41.3K
36Phillips 66 Partners LPlp0.34%$1M45.8K
37SUNSunoco LPlp0.34%$1M41.7K
38NuStar Energy L.P.lp0.31%$1M75.7K
39WTRGEssential Utilities Inccs0.29%$1M21.8K
40Shell Midstream Partners LPlp0.27%$944,00093.6K
41PNRPENTAIR INCcs0.26%$932,00017.5K
42AOSA O SMITHcs0.25%$877,00016.0K
43TTEKTetra Tech, Inc.cs0.21%$738,0006.4K
44Crestwood Equity Partners LPlp0.21%$734,00038.7K
45Rexnord Corpcs0.16%$563,00014.3K
46GELGenesis Energy L.P.lp0.15%$527,00084.8K
47USACUSA Compression Partners LPlp0.14%$502,00036.9K
48Holly Energy Partners, L.P.lp0.14%$481,00033.9K
49PYPLPaypal Holdings Inccs0.12%$421,0001.8K
50GPNGlobal Payments Inccs0.12%$417,0001.9K
51Discover Financial Servicescs0.12%$412,0004.6K
52STNEStoneco Ltdcs0.11%$404,0004.8K
53MAMasterCard Incorporatedcs0.11%$401,0001.1K
54XYZSquare Inccs0.11%$398,0001.8K
55VVISA Inccs0.11%$395,0001.8K
56WTSWatts Water Technologies, Inc.cs0.11%$395,0003.2K
57Fleetcor Technologies Inccs0.11%$387,0001.4K
58DOCUDocusign Inccs0.11%$381,0001.7K
59FISVFiserv Inccs0.11%$376,0003.3K
60AXPAmerican Express Cocs0.11%$376,0003.1K
61Enable Midstream Partners LPlp0.10%$365,00069.5K
62BP Midstream Partners LPlp0.10%$363,00034.3K
63FISFidelity National Informationcs0.10%$362,0002.6K
64GLPGlobal Partners LPlp0.10%$361,00021.7K
65SBSCia de Saneamento Basico do Esad0.10%$347,00040.4K
66AWRAmerican States Water Companycs0.10%$346,0004.4K
67Rattler Midstream Partners LPlp0.09%$332,00035.1K
68Evoqua Water Technologies Corpcs0.09%$331,00012.3K
69BMIBadger Meter, Inc.cs0.09%$323,0003.4K
70CWTCalifornia Water Service Groupcs0.09%$315,0005.8K
71JKHYJack Henry & Associates Inccs0.09%$314,0001.9K
72FELEFranklin Electric Co Inccs0.09%$313,0004.5K
73Noble Midstream Partners LPlp0.08%$278,00026.7K
74PAGSPagseguro Digital Ltdcs0.07%$264,0004.6K
75HESMHess Midstream LPcs0.07%$259,00013.2K
76KNTKAltus Midstream Companycs0.07%$257,0005.4K
77CAPLCrossAmerica Partners LPlp0.07%$250,00014.5K
78WEXWex Inccs0.06%$230,0001.1K
79MWAMueller Water Products, Inc.cs0.06%$229,00018.5K
80WUWestern Union Co/Thecs0.06%$227,00010.3K
81HTOSjw Corpcs0.06%$213,0003.1K
82DKLDelek Logistics Partners LPlp0.06%$212,0006.6K
83EEFTEuronet Worldwide Inccs0.05%$185,0001.3K
84PBF Logistics LPlp0.05%$182,00019.9K
85LNNLindsay Corporationcs0.05%$162,0001.3K
86QTWOQ2 Holdings Inccs0.05%$161,0001.3K
87Sprague Resources, LPlp0.04%$152,0008.0K
88MSEXMiddlesex Water Cocs0.04%$147,0002.0K
89VYXNcr Corpcs0.03%$121,0003.2K
90ACIWAci Worldwide Inccs0.03%$112,0002.9K
91Oasis Midstream Partners LPlp0.03%$102,0008.7K
92YORWThe York Water Cocs0.02%$72,0001.5K
93EVTCEvertec Inccs0.02%$71,0001.8K
94AEGNAegion Corpcs0.02%$69,0003.7K
95GDOTGreen Dot Corpcs0.02%$67,0001.2K
96Bottomline Technologies De Inccs0.02%$59,0001.1K
97Montrose Environmental Groupcs0.01%$42,0001.4K
98Csg Systems International Inccs0.01%$37,000812
99Zuora Inccs0.01%$36,0002.6K
100Evo Payments Inccs0.01%$28,0001.1K

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 ↗.