13F HOLDINGS REPORT
Fractal Investments LLC
Quarter ended Q2 2025 · Filed July 7, 2025 · Accession 0001667731-25-000742
Total Value
$701.0M
Positions
76
Other Managers
0
Confidential Omitted
No
Holdings (76)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MPLX LP | MPLXP | 2,256,503 | $116.2M | 16.58% |
| 2 | ENERGY TRANSFER L P | ET-PI | 5,018,781 | $91.0M | 12.98% |
| 3 | PLAINS ALL AMERN PIPELINE L | 726503105 | 3,832,658 | $70.2M | 10.02% |
| 4 | ENTERPRISE PRODS PARTNERS L | 293792107 | 1,937,243 | $60.1M | 8.57% |
| 5 | WESTERN MIDSTREAM PARTNERS L | WES | 1,467,506 | $56.8M | 8.10% |
| 6 | WILLIAMS COS INC | 969457100 | 591,500 | $37.2M | 5.30% |
| 7 | SUNOCO LP/SUNOCO FIN CORP | SUN | 616,542 | $33.0M | 4.71% |
| 8 | TC ENERGY CORP | TRPRF | 649,000 | $31.7M | 4.52% |
| 9 | KINDER MORGAN INC DEL | EP-PC | 1,055,966 | $31.0M | 4.43% |
| 10 | TARGA RES CORP | TRGP | 158,424 | $27.6M | 3.93% |
| 11 | DT MIDSTREAM INC | DTM | 230,999 | $25.4M | 3.62% |
| 12 | ONEOK INC NEW | OKE | 252,757 | $20.6M | 2.94% |
| 13 | CHENIERE ENERGY INC | LNG | 78,585 | $19.1M | 2.73% |
| 14 | HESS MIDSTREAM LP | HESM | 291,247 | $11.2M | 1.60% |
| 15 | CHENIERE ENERGY PARTNERS LP | LNG | 194,126 | $10.9M | 1.55% |
| 16 | GLOBAL PARTNERS LP | GLP-PB | 195,234 | $10.3M | 1.47% |
| 17 | GENESIS ENERGY L P | GEL | 343,243 | $5.9M | 0.84% |
| 18 | SUBURBAN PROPANE PARTNERS L | SPH | 214,864 | $4.0M | 0.57% |
| 19 | NGL ENERGY PARTNERS LP | NGL-PC | 832,479 | $3.6M | 0.51% |
| 20 | GE VERNOVA INC | GEV | 6,000 | $3.2M | 0.45% |
| 21 | ENBRIDGE INC | ENNPF | 67,500 | $3.1M | 0.44% |
| 22 | WESTLAKE CHEM PARTNERS LP | WLK | 80,400 | $1.8M | 0.25% |
| 23 | CONSTELLATION ENERGY CORP | CEG | 5,500 | $1.8M | 0.25% |
| 24 | KINETIK HOLDINGS INC | KNTK | 27,502 | $1.2M | 0.17% |
| 25 | SUMMIT MIDSTREAM CORPORATION | SMC | 45,000 | $1.1M | 0.16% |
| 26 | CF INDS HLDGS INC | 125269100 | 10,300 | $947,600 | 0.14% |
| 27 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 12,601 | $933,356 | 0.13% |
| 28 | CRANE COMPANY | CR | 4,900 | $930,461 | 0.13% |
| 29 | EXXON MOBIL CORP | XOM | 7,861 | $847,416 | 0.12% |
| 30 | VERALTO CORP | VLTO | 7,800 | $787,410 | 0.11% |
| 31 | SPDR GOLD TR | GLD | 2,500 | $762,075 | 0.11% |
| 32 | ARAMARK | ARMK | 16,800 | $703,416 | 0.10% |
| 33 | ESAB CORPORATION | ESAB | 5,777 | $696,417 | 0.10% |
| 34 | TECK RESOURCES LTD | TCKRF | 16,218 | $654,883 | 0.09% |
| 35 | FREEPORT-MCMORAN INC | FCX | 15,068 | $653,198 | 0.09% |
| 36 | CHEVRON CORP NEW | CVX | 4,200 | $601,398 | 0.09% |
| 37 | PHINIA INC | PHIN | 13,200 | $587,268 | 0.08% |
| 38 | CATERPILLAR INC | CAT | 1,500 | $582,315 | 0.08% |
| 39 | KNIFE RIVER CORP | KNF | 6,702 | $547,151 | 0.08% |
| 40 | SHELL PLC | RYDAF | 7,500 | $528,075 | 0.08% |
| 41 | PARKER-HANNIFIN CORP | PH | 730 | $509,883 | 0.07% |
| 42 | AMCOR PLC | AMCCF | 52,925 | $486,381 | 0.07% |
| 43 | RIO TINTO PLC | RTNTF | 8,200 | $478,306 | 0.07% |
| 44 | DELEK LOGISTICS PARTNERS LP | DKL | 10,559 | $453,509 | 0.06% |
| 45 | NUTRIEN LTD | NTR | 7,700 | $448,448 | 0.06% |
| 46 | INGREDION INC | INGR | 3,285 | $445,512 | 0.06% |
| 47 | CARRIER GLOBAL CORPORATION | CARR | 6,030 | $441,336 | 0.06% |
| 48 | BHP GROUP LTD | BHPLF | 9,000 | $432,810 | 0.06% |
| 49 | SOUTHERN COPPER CORP | SCCO | 4,261 | $431,085 | 0.06% |
| 50 | CONOCOPHILLIPS | COP | 4,492 | $403,112 | 0.06% |
| 51 | INTERNATIONAL PAPER CO | 460146103 | 8,500 | $398,055 | 0.06% |
| 52 | AGNICO EAGLE MINES LTD | AEM | 3,309 | $393,539 | 0.06% |
| 53 | MUELLER INDS INC | 624756102 | 4,926 | $391,469 | 0.06% |
| 54 | 3M CO | MMM | 2,500 | $380,600 | 0.05% |
| 55 | MARATHON PETE CORP | MARA | 2,291 | $380,558 | 0.05% |
| 56 | NCR ATLEOS CORPORATION | NATL | 12,700 | $362,331 | 0.05% |
| 57 | TRANE TECHNOLOGIES PLC | TT | 800 | $349,928 | 0.05% |
| 58 | STEEL DYNAMICS INC | STLD | 2,694 | $344,859 | 0.05% |
| 59 | BARRICK MNG CORP | 06849F108 | 16,400 | $341,448 | 0.05% |
| 60 | PACKAGING CORP AMER | 695156109 | 1,800 | $339,210 | 0.05% |
| 61 | MASTERBRAND INC | MBC | 29,328 | $320,555 | 0.05% |
| 62 | CRANE NXT CO | CXT | 5,880 | $316,932 | 0.05% |
| 63 | RELIANCE INC | RS | 1,000 | $313,900 | 0.04% |
| 64 | EVERUS CONSTR GROUP | EVEX-WT | 4,900 | $311,297 | 0.04% |
| 65 | DEERE & CO | DE | 600 | $305,094 | 0.04% |
| 66 | KELLANOVA | BEKE | 3,600 | $286,308 | 0.04% |
| 67 | EATON CORP PLC | ETN | 749 | $267,386 | 0.04% |
| 68 | MILLROSE PPTYS INC | 601137102 | 9,000 | $256,590 | 0.04% |
| 69 | PROLOGIS INC. | PLDGP | 2,400 | $252,288 | 0.04% |
| 70 | ICL GROUP LTD | ICL | 36,500 | $251,120 | 0.04% |
| 71 | NUCOR CORP | NUE | 1,868 | $241,981 | 0.03% |
| 72 | SUNCOR ENERGY INC NEW | SU | 6,400 | $239,680 | 0.03% |
| 73 | LIBERTY MEDIA CORP DEL | FWONB | 2,743 | $222,622 | 0.03% |
| 74 | RXO INC | RXO | 13,083 | $205,665 | 0.03% |
| 75 | FTAI INFRASTRUCTURE INC | FIP | 33,000 | $203,610 | 0.03% |
| 76 | GERDAU SA | GGB | 33,264 | $97,131 | 0.01% |