SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Tortoise Index Solutions, LLC

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

Reported Value
$554M
Q1 2022
Positions
108
Filings on Record
22
2019–present window
Filed
May 16, 2022
original filing

Summary

Tortoise Index Solutions, LLC reported $554M in U.S.-listed holdings across 108 positions for Q1 2022.

Its largest position, ENB, represents 7.4% of the portfolio.

Compared with Q4 2021, the fund opened 0 new positions and exited 3.

Portfolio Metrics

Turnover
+2.3%
vs prior filed quarter
Top-10 Concentration
+57.3%
share of reported value
Largest Position
+7.4%
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. 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: 80.4%MLP: 17.9%Unit: 1.0%Other: 0.6%Ltd Part: 0.1%Other: 0.0%
  • Common Stock · 80.4% · $446M
  • MLP · 17.9% · $99M
  • Unit · 1.0% · $6M
  • Other · 0.6% · $4M
  • Ltd Part · 0.1% · $479,000
  • Other · 0.0% · $10,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PSXPUSDPhillips 66 Partners LPSOLD OUT−47.4K0−$2M$0
Oasis Midstream Partners LPSOLD OUT−11.6K0−$278,000$0
YRDYiren Digital Ltd.SOLD OUT−2.8K0−$8,000$0
AFRMAffirm Holdings, Inc.ADDED+3.1K7.2K−$79,000$333,000
PYPLPaypal Holdings IncADDED+1.5K4.1K−$24,000$477,000
Global-E Online LtdADDED+7442.1K−$15,000$72,000
LNGCheniere Energy Inc.ADDED+83.6K247.6K+$18M$34M
KNTKKinetik Holdings IncADDED+2.9K9.3K+$210,000$602,000

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

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ENBEnbridge Inchistory →cs7.41%$41M891.4K
2WMBWILLIAMS COS INC COMhistory →cs7.29%$40M1.21M
3TRPTC Energy Corp.history →cs7.19%$40M706.3K
4KMIKinder Morgan Inchistory →cs6.98%$39M2.05M
5LNGCheniere Energy Inc.history →cs6.19%$34M247.6K
6EPDEnterprise Products Partners LPhistory →lp5.88%$33M1.26M
7TRGPTarga Resources Corp.history →cs4.17%$23M306.5K
8ETEnergy Transfer LPhistory →lp4.15%$23M2.06M
9NINisource Inchistory →cs4.05%$22M706.3K
10ATOAtmos Energy Corphistory →cs4.02%$22M186.7K
11OKEONEOK, Inchistory →cs4.00%$22M314.4K
12PPLPembina Pipeline Corphistory →cs3.93%$22M579.6K
13NFGNational Fuel Gas Cohistory →cs2.52%$14M203.5K
14SWXSouthwest Gas Corporationhistory →cs1.95%$11M138.3K
15MPLXMPLX LPhistory →lp1.91%$11M319.7K
16OGSONE Gas, Inc.history →cs1.90%$11M119.1K
17NJRNew Jersey Resources Corporationhistory →cs1.77%$10M213.5K
18WEPMagellan Midstream Partners, LPhistory →lp1.60%$9M180.6K
19SJIEURSouth Jersey Industries, Inc.history →cs1.56%$9M249.7K
20SRSpire Inchistory →cs1.49%$8M114.9K
21AMAntero Midstream Corporationhistory →cs1.41%$8M720.6K
22ETRNUSDEquitrans Midstream Corporationhistory →cs1.37%$8M901.8K
230E41Enlink Midstream, LLClp1.00%$6M572.1K
24CPKChesapeake Utilities Corporationcs0.97%$5M38.9K
25AWCAMERICAN WTR WKS CO INCcs0.83%$5M27.9K
26ECLEcolab Inc.cs0.83%$5M26.0K
27DTMDT Midstream Inccs0.81%$5M83.0K
28PAAPlains All American Pipelinelp0.77%$4M396.7K
29WESWestern Midstream Partners LPlp0.77%$4M168.3K
30NFENew Fortress Energy Inc.cs0.72%$4M93.2K
31NWNNorthwest Natural Holding Co.cs0.65%$4M69.2K
32XYLXylem Inc.cs0.53%$3M34.5K
33AROCArchrock, Inc.cs0.50%$3M301.9K
34DCP Midstream LPlp0.48%$3M78.7K
35WTRGEssential Utilities Inccs0.45%$3M48.9K
36CQPCheniere Energy Partners LPlp0.42%$2M41.5K
37TTEKTetra Tech, Inc.cs0.42%$2M14.0K
38IEXIDEX Corporationcs0.41%$2M11.9K
39PENTAIR INCcs0.40%$2M41.3K
40AOSA O SMITHcs0.39%$2M33.9K
41SUNSunoco LPlp0.35%$2M47.2K
42PAGPEURPlains GP Holdings, L.P.cs0.35%$2M166.6K
43CEQPUSDCrestwood Equity Partners LPlp0.33%$2M61.0K
44Shell Midstream Partners LPlp0.27%$1M104.6K
45AQUAUSDEvoqua Water Technologies Corpcs0.26%$1M31.0K
46NSUSDNuStar Energy L.P.lp0.22%$1M83.7K
47ZWSZurn Water Solutions Corpcs0.20%$1M31.3K
48GELGenesis Energy L.P.lp0.20%$1M94.7K
49WTSWatts Water Technologies, Inc.cs0.18%$993,0007.1K
50AWRAmerican States Water Companycs0.15%$849,0009.5K

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 ↗.