13F HOLDINGS REPORT
CUSHING ASSET MANAGEMENT, LP
Quarter ended Q3 2025 · Filed October 20, 2025 · Accession 0001329375-25-000009
Total Value
$1.76B
Positions
59
Other Managers
1
Confidential Omitted
No
Holdings (59)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ENERGY TRANSFER L P | ET-PI | 8,211,600 | $140.9M | 8.00% |
| 2 | TARGA RES CORP | TRGP | 682,300 | $114.3M | 6.49% |
| 3 | CHENIERE ENERGY INC | LNG | 450,800 | $105.9M | 6.01% |
| 4 | MPLX LP | MPLXP | 1,733,800 | $86.6M | 4.92% |
| 5 | ONEOK INC NEW | OKE | 1,116,916 | $81.5M | 4.63% |
| 6 | HESS MIDSTREAM LP | HESM | 2,317,200 | $80.1M | 4.54% |
| 7 | DT MIDSTREAM INC | DTM | 679,300 | $76.8M | 4.36% |
| 8 | WILLIAMS COS INC | 969457100 | 1,200,100 | $76.0M | 4.32% |
| 9 | KINDER MORGAN INC DEL | EP-PC | 2,630,000 | $74.5M | 4.23% |
| 10 | TC ENERGY CORP | TRPRF | 1,365,500 | $74.3M | 4.22% |
| 11 | PLAINS GP HLDGS L P | PAGP | 3,585,000 | $65.4M | 3.71% |
| 12 | PEMBINA PIPELINE CORP | PPLOF | 1,565,688 | $63.3M | 3.60% |
| 13 | ENTERPRISE PRODS PARTNERS L | 293792107 | 1,992,500 | $62.3M | 3.54% |
| 14 | WESTERN MIDSTREAM PARTNERS L | WES | 1,270,900 | $49.9M | 2.83% |
| 15 | VISTRA CORP | VST | 230,700 | $45.2M | 2.57% |
| 16 | TALEN ENERGY CORP | TLN | 105,900 | $45.0M | 2.56% |
| 17 | SOUTH BOW CORP | SOBO | 1,530,500 | $43.3M | 2.46% |
| 18 | KINETIK HOLDINGS INC | KNTK | 988,400 | $42.2M | 2.40% |
| 19 | CONSTELLATION ENERGY CORP | CEG | 119,700 | $39.4M | 2.24% |
| 20 | GE VERNOVA INC | GEV | 46,750 | $28.7M | 1.63% |
| 21 | PHILLIPS 66 | PSX | 209,700 | $28.5M | 1.62% |
| 22 | ENBRIDGE INC | ENNPF | 501,500 | $25.3M | 1.44% |
| 23 | NRG ENERGY INC | NRG | 152,000 | $24.6M | 1.40% |
| 24 | EQT CORP | EQT | 353,258 | $19.2M | 1.09% |
| 25 | ANTERO MIDSTREAM CORP | AM | 906,000 | $17.6M | 1.00% |
| 26 | MARATHON PETE CORP | MARA | 85,500 | $16.5M | 0.94% |
| 27 | BLOOM ENERGY CORP | BE | 187,000 | $15.8M | 0.90% |
| 28 | QUANTA SVCS INC | 74762E102 | 35,000 | $14.5M | 0.82% |
| 29 | FIRST SOLAR INC | FSLR | 62,000 | $13.7M | 0.78% |
| 30 | PRIMORIS SVCS CORP | 74164F103 | 86,000 | $11.8M | 0.67% |
| 31 | GENESIS ENERGY L P | GEL | 685,700 | $11.5M | 0.65% |
| 32 | CROWDSTRIKE HLDGS INC | CRWD | 23,000 | $11.3M | 0.64% |
| 33 | VIPER ENERGY INC | VNOM | 279,000 | $10.7M | 0.61% |
| 34 | EDISON INTL | 281020107 | 190,000 | $10.5M | 0.60% |
| 35 | MASTEC INC | MTZ | 47,000 | $10.0M | 0.57% |
| 36 | PALO ALTO NETWORKS INC | PANW | 47,000 | $9.6M | 0.54% |
| 37 | ARGAN INC | AGX | 31,000 | $8.4M | 0.48% |
| 38 | TXO PARTNERS LP | TXO | 581,000 | $8.2M | 0.46% |
| 39 | STRATEGY INC | STRK | 25,000 | $8.1M | 0.46% |
| 40 | NEXTRACKER INC | NXT | 107,000 | $7.9M | 0.45% |
| 41 | ITRON INC | ITRI | 54,000 | $6.7M | 0.38% |
| 42 | T-MOBILE US INC | TMUSZ | 27,000 | $6.5M | 0.37% |
| 43 | CLOUDFLARE INC | NET | 30,000 | $6.4M | 0.37% |
| 44 | ALLIANCE RESOURCE PARTNERS L | ARLP | 241,000 | $6.1M | 0.35% |
| 45 | DIGITAL RLTY TR INC | 253868103 | 34,000 | $5.9M | 0.33% |
| 46 | ENTERGY CORP NEW | ENO | 63,000 | $5.9M | 0.33% |
| 47 | CENOVUS ENERGY INC | CVE | 344,000 | $5.8M | 0.33% |
| 48 | EQUINIX INC | EQIX | 7,000 | $5.5M | 0.31% |
| 49 | NUTANIX INC | NTNX | 60,000 | $4.5M | 0.25% |
| 50 | SOUTHERN CO | SOMN | 45,000 | $4.3M | 0.24% |
| 51 | MOTOROLA SOLUTIONS INC | MSI | 9,000 | $4.1M | 0.23% |
| 52 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 49,000 | $4.1M | 0.23% |
| 53 | CYBERARK SOFTWARE LTD | M2682V108 | 7,000 | $3.4M | 0.19% |
| 54 | WEC ENERGY GROUP INC | WEC | 26,000 | $3.0M | 0.17% |
| 55 | SNOWFLAKE INC | SNOW | 13,000 | $2.9M | 0.17% |
| 56 | AMERICAN ELEC PWR CO INC | 025537101 | 25,000 | $2.8M | 0.16% |
| 57 | PLAINS ALL AMERN PIPELINE L | 726503105 | 145,300 | $2.5M | 0.14% |
| 58 | NGL ENERGY PARTNERS LP | NGL-PC | 275,000 | $1.6M | 0.09% |
| 59 | NEW FORTRESS ENERGY INC | NFE | 150,000 | $331,500 | 0.02% |