SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Tortoise Index Solutions, LLC

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

Reported Value
$478M
Q2 2021
Positions
101
Filings on Record
22
2019–present window
Filed
Aug 10, 2021
original filing

Summary

Tortoise Index Solutions, LLC reported $478M in U.S.-listed holdings across 101 positions for Q2 2021.

Its largest position, ENB, represents 8.1% of the portfolio.

Compared with Q1 2021, the fund opened 20 new positions and exited 7.

Portfolio Metrics

Turnover
+1.8%
vs prior filed quarter
Top-10 Concentration
+60.0%
share of reported value
Largest Position
+8.1%
Enbridge
New / Exited
20 / 7
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: 78.3%MLP: 20.1%Other: 0.8%Unit: 0.7%ADR: 0.1%Other: 0.1%
  • Common Stock · 78.3% · $374M
  • MLP · 20.1% · $96M
  • Other · 0.8% · $4M
  • Unit · 0.7% · $3M
  • ADR · 0.1% · $475,000
  • Other · 0.1% · $393,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSEXMiddlesex Water CoNEW+3.0K3.0K+$246,000$246,000
SRLPUSDSprague Resources, LPNEW+8.8K8.8K+$223,000$223,000
Oasis Midstream Partners LPNEW+9.4K9.4K+$222,000$222,000
VYXNcr CorpNEW+4.7K4.7K+$216,000$216,000
ONTMontrose Environmental GroupNEW+2.4K2.4K+$129,000$129,000
EVTCEvertec IncNEW+2.6K2.6K+$115,000$115,000
YORWThe York Water CoNEW+2.3K2.3K+$102,000$102,000
CMRCBigCommerce Holdings, Inc.NEW+1.4K1.4K+$93,000$93,000

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

Holdings — Q2 2021

50 positions
#IssuerClass% PortfolioValueShares
1ENBEnbridge Inchistory →cs8.08%$39M964.7K
2KMIKinder Morgan Inchistory →cs7.77%$37M2.04M
3WMBWilliams Companies, Inchistory →cs7.58%$36M1.36M
4TRPTC Energy Corp.history →cs7.47%$36M721.0K
5EPDEnterprise Products Partners L.P.history →lp6.48%$31M1.28M
6OKEONEOK, Inchistory →cs5.87%$28M504.6K
7LNGCheniere Energy Inc.history →cs4.21%$20M231.9K
8PPLPembina Pipeline Corphistory →cs4.21%$20M632.7K
9TRGPTarga Resources Corp.history →cs4.20%$20M451.2K
10ETEnergy Transfer LPhistory →lp4.17%$20M1.88M
11NINisource Inchistory →cs4.08%$20M796.2K
12ATOAtmos Energy Corphistory →cs4.07%$19M202.3K
13NFGNational Fuel Gas Cohistory →cs2.02%$10M184.9K
14WEPMagellan Midstream Partners, L.P.history →lp1.99%$10M194.4K
15MPLXMPLX LPhistory →lp1.89%$9M304.6K
16OGSONE Gas, Inc.history →cs1.67%$8M107.9K
17SWXSouthwest Gas Corporationhistory →cs1.63%$8M117.5K
18NJRNew Jersey Resources Corporationhistory →cs1.62%$8M195.2K
19SRSpire Inchistory →cs1.58%$8M104.7K
20ETRNUSDEquitrans Midstream Corporationhistory →cs1.47%$7M823.1K
21AMAntero Midstream Corporationhistory →cs1.26%$6M578.9K
22SJIEURSouth Jersey Industries, Inc.history →cs1.12%$5M207.2K
23PAAPlains All American Pipelinelp0.95%$5M398.0K
24CPKChesapeake Utilities Corporationcs0.91%$4M36.1K
25NFENew Fortress Energy Inc.cs0.81%$4M102.1K
26WESWestern Midstream Partners LPlp0.74%$4M164.2K
270E41Enlink Midstream, LLCcs0.71%$3M534.4K
28ECLEcolab Inc.cs0.71%$3M16.6K
29NWNNorthwest Natural Holding Co.cs0.69%$3M63.1K
30XYLXylem Inc.cs0.61%$3M24.4K
31DCP Midstream LPlp0.52%$2M81.0K
32CQPCheniere Energy Partners LPlp0.48%$2M51.3K
33IEXIDEX Corporationcs0.47%$2M10.3K
34PSXPUSDPhillips 66 Partners LPlp0.43%$2M52.4K
35PAGPEURPlains GP Holdings, L.P.cs0.43%$2M171.4K
36PENTAIR INCcs0.38%$2M27.1K
37SUNSunoco LPlp0.38%$2M47.8K
38WTRGEssential Utilities Inccs0.37%$2M38.2K
39Shell Midstream Partners LPlp0.33%$2M107.6K
40NSUSDNuStar Energy L.P.lp0.33%$2M87.1K
41CEQPUSDCrestwood Equity Partners LPlp0.29%$1M45.6K
42GELGenesis Energy L.P.lp0.24%$1M99.6K
43TTEKTetra Tech, Inc.cs0.24%$1M9.3K
44RXNEURRexnord Corpcs0.21%$1M20.4K
45HEPUSDHolly Energy Partners, L.P.lp0.19%$906,00040.0K
46DOCUDocusign Inccs0.15%$720,0002.6K
47USACUSA Compression Partners LPlp0.15%$720,00043.7K
48XYZSquare Inccs0.15%$710,0002.9K
49ENBLUSDEnable Midstream Partners LPlp0.15%$701,00077.0K
50WTSWatts Water Technologies, Inc.cs0.14%$689,0004.7K

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 ↗.