SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Tortoise Index Solutions, LLC

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

Reported Value
$515M
Q3 2022
Positions
79
Filings on Record
22
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Tortoise Index Solutions, LLC reported $515M in U.S.-listed holdings across 79 positions for Q3 2022.

Its largest position, LNG, represents 8.4% of the portfolio.

Compared with Q2 2022, the fund opened 2 new positions and exited 33.

Portfolio Metrics

Turnover
+5.0%
vs prior filed quarter
Top-10 Concentration
+58.6%
share of reported value
Largest Position
+8.4%
Cheniere Energy
New / Exited
2 / 33
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: 80.2%MLP: 18.8%Unit: 0.9%
  • Common Stock · 80.2% · $414M
  • MLP · 18.8% · $97M
  • Unit · 0.9% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WMSAdvanced Drainage Systems IncNEW+17.8K17.8K+$2M$2M
EEExcelerate Energy Inc.NEW+16.3K16.3K+$381,000$381,000
PENTAIR INCSOLD OUT−41.3K0−$2M$0
AWRAmerican States Water CompanySOLD OUT−9.2K0−$751,000$0
CWTCalifornia Water Service GroupSOLD OUT−13.1K0−$729,000$0
RTLRUSDRattler Midstream Partners LPSOLD OUT−35.2K0−$481,000$0
JT5Mueller Water Products, Inc.SOLD OUT−39.1K0−$459,000$0
HTOSjw CorpSOLD OUT−6.8K0−$427,000$0

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

Holdings — Q3 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LNGCheniere Energy Inc.history →cs8.38%$43M260.1K
2ENBEnbridge Inchistory →cs7.41%$38M1.03M
3KMIKinder Morgan Inchistory →cs7.28%$38M2.26M
4WMBWILLIAMS COS INChistory →cs7.06%$36M1.27M
5TRPTC Energy Corp.history →cs6.91%$36M883.6K
6EPDEnterprise Products Partners L.P.history →lp5.87%$30M1.27M
7ETEnergy Transfer LPhistory →lp4.22%$22M1.97M
8TRGPTarga Resources Corp.history →cs3.87%$20M330.7K
9PPLPembina Pipeline Corphistory →cs3.85%$20M652.4K
10ATOAtmos Energy Corphistory →cs3.79%$20M191.7K
11OKEONEOK, Inchistory →cs3.71%$19M373.5K
12NINisource Inchistory →cs3.62%$19M740.8K
13NFGNational Fuel Gas Cohistory →cs2.37%$12M198.1K
14MPLXMPLX LPhistory →lp1.99%$10M342.2K
15SWXSouthwest Gas Corporationhistory →cs1.81%$9M133.5K
16WEPMagellan Midstream Partners, LPhistory →lp1.80%$9M195.0K
17SJIEURSouth Jersey Industries, Inc.history →cs1.72%$9M265.2K
18OGSONE Gas, Inc.history →cs1.60%$8M117.3K
19NJRNew Jersey Resources Corporationhistory →cs1.57%$8M208.5K
20SRSpire Inchistory →cs1.38%$7M113.7K
21ETRNUSDEquitrans Midstream Corporationhistory →cs1.36%$7M937.3K
22AMAntero Midstream Corporationhistory →cs1.29%$7M725.4K
230E41Enlink Midstream, LLClp0.93%$5M539.4K
24DTMDT Midstream Inccs0.91%$5M90.8K
25WESWestern Midstream Partners LPlp0.89%$5M181.5K
26NFENew Fortress Energy Inc.cs0.88%$5M103.4K
27CPKChesapeake Utilities Corporationcs0.86%$4M38.4K
28PAAPlains All American Pipelinelp0.86%$4M419.5K
29AWCAMERICAN WTR WKS CO INCcs0.75%$4M29.6K
30ECLEcolab Inc.cs0.75%$4M26.6K
31XYLXylem Inc.cs0.70%$4M41.4K
32IEXIDEX Corporationcs0.68%$3M17.5K
33NWNNorthwest Natural Holding Co.cs0.63%$3M75.4K
34DCP Midstream LPlp0.63%$3M86.1K
35TTEKTetra Tech, Inc.cs0.44%$2M17.6K
36WMSAdvanced Drainage Systems Inccs0.43%$2M17.8K
37AOSA O SMITHcs0.40%$2M42.4K
38WTRGEssential Utilities Inccs0.40%$2M49.6K
39CEQPUSDCrestwood Equity Partners LPlp0.39%$2M72.9K
40SUNSunoco LPlp0.39%$2M51.9K
41PAGPEURPlains GP Holdings, L.P.cs0.39%$2M182.4K
42AROCArchrock, Inc.cs0.36%$2M289.9K
43CQPCheniere Energy Partners LPlp0.36%$2M34.7K
44Shell Midstream Partners LPlp0.35%$2M114.5K
45AQUAUSDEvoqua Water Technologies Corpcs0.28%$1M43.2K
46KNTKKinetik Holdings Inccs0.27%$1M42.2K
47NSUSDNuStar Energy L.P.lp0.24%$1M92.2K
48WTSWatts Water Technologies, Inc.cs0.24%$1M9.8K
49FELEFranklin Electric Co Inccs0.22%$1M13.8K
50ZWSZurn Elkay Water Solutions Corpcs0.21%$1M44.8K

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 ↗.