13F HOLDINGS REPORT
Fractal Investments LLC
Quarter ended Q3 2025 · Filed October 27, 2025 · Accession 0002085853-25-000171
Total Value
$692.7M
Positions
77
Other Managers
0
Confidential Omitted
No
Holdings (77)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MPLX LP | MPLXP | 2,051,301 | $102.5M | 14.79% |
| 2 | ENERGY TRANSFER L P | ET-PI | 4,797,715 | $82.3M | 11.89% |
| 3 | PLAINS ALL AMERN PIPELINE L | 726503105 | 3,825,658 | $65.3M | 9.42% |
| 4 | WESTERN MIDSTREAM PARTNERS L | WES | 1,467,506 | $57.7M | 8.32% |
| 5 | ENTERPRISE PRODS PARTNERS L | 293792107 | 1,837,044 | $57.4M | 8.29% |
| 6 | HESS MIDSTREAM LP | HESM | 1,185,220 | $40.9M | 5.91% |
| 7 | WILLIAMS COS INC | 969457100 | 591,500 | $37.5M | 5.41% |
| 8 | TC ENERGY CORP | TRPRF | 649,000 | $35.3M | 5.10% |
| 9 | SUNOCO LP/SUNOCO FIN CORP | SUN | 616,542 | $30.8M | 4.45% |
| 10 | TARGA RES CORP | TRGP | 158,424 | $26.5M | 3.83% |
| 11 | DT MIDSTREAM INC | DTM | 230,999 | $26.1M | 3.77% |
| 12 | KINDER MORGAN INC DEL | EP-PC | 854,638 | $24.2M | 3.49% |
| 13 | CHENIERE ENERGY INC | LNG | 78,585 | $18.5M | 2.67% |
| 14 | ONEOK INC NEW | OKE | 207,693 | $15.2M | 2.19% |
| 15 | CHENIERE ENERGY PARTNERS LP | LNG | 194,126 | $10.4M | 1.51% |
| 16 | GLOBAL PARTNERS LP | GLP-PB | 195,234 | $9.4M | 1.35% |
| 17 | GENESIS ENERGY L P | GEL | 343,243 | $5.7M | 0.83% |
| 18 | NGL ENERGY PARTNERS LP | NGL-PC | 832,479 | $5.0M | 0.72% |
| 19 | SUBURBAN PROPANE PARTNERS L | SPH | 214,864 | $4.0M | 0.58% |
| 20 | GE VERNOVA INC | GEV | 6,000 | $3.7M | 0.53% |
| 21 | ENBRIDGE INC | ENNPF | 67,500 | $3.4M | 0.49% |
| 22 | CONSTELLATION ENERGY CORP | CEG | 5,500 | $1.8M | 0.26% |
| 23 | WESTLAKE CHEM PARTNERS LP | WLK | 80,400 | $1.7M | 0.24% |
| 24 | NEWMONT CORP | NEMCL | 17,000 | $1.4M | 0.21% |
| 25 | KINETIK HOLDINGS INC | KNTK | 27,502 | $1.2M | 0.17% |
| 26 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 12,601 | $946,335 | 0.14% |
| 27 | SUMMIT MIDSTREAM CORPORATION | SMC | 45,000 | $924,300 | 0.13% |
| 28 | CF INDS HLDGS INC | 125269100 | 10,300 | $923,910 | 0.13% |
| 29 | CRANE COMPANY | CR | 4,900 | $902,286 | 0.13% |
| 30 | SPDR GOLD TR | GLD | 2,500 | $888,675 | 0.13% |
| 31 | EXXON MOBIL CORP | XOM | 7,861 | $886,328 | 0.13% |
| 32 | VERALTO CORP | VLTO | 7,800 | $831,558 | 0.12% |
| 33 | AGNICO EAGLE MINES LTD | AEM | 4,809 | $810,605 | 0.12% |
| 34 | PHINIA INC | PHIN | 13,200 | $758,736 | 0.11% |
| 35 | CHEVRON CORP NEW | CVX | 4,200 | $652,218 | 0.09% |
| 36 | ESAB CORPORATION | ESAB | 5,777 | $645,522 | 0.09% |
| 37 | ARAMARK | ARMK | 16,800 | $645,120 | 0.09% |
| 38 | FREEPORT-MCMORAN INC | FCX | 15,068 | $590,967 | 0.09% |
| 39 | PARKER-HANNIFIN CORP | PH | 730 | $553,450 | 0.08% |
| 40 | RIO TINTO PLC | RTNTF | 8,200 | $541,282 | 0.08% |
| 41 | BARRICK MNG CORP | 06849F108 | 16,400 | $537,428 | 0.08% |
| 42 | SHELL PLC | RYDAF | 7,500 | $536,475 | 0.08% |
| 43 | SOUTHERN COPPER CORP | SCCO | 4,304 | $522,333 | 0.08% |
| 44 | KNIFE RIVER CORP | KNF | 6,702 | $515,183 | 0.07% |
| 45 | BHP GROUP LTD | BHPLF | 9,000 | $501,750 | 0.07% |
| 46 | NCR ATLEOS CORPORATION | NATL | 12,700 | $499,237 | 0.07% |
| 47 | MUELLER INDS INC | 624756102 | 4,926 | $498,068 | 0.07% |
| 48 | DELEK LOGISTICS PARTNERS LP | DKL | 10,559 | $480,857 | 0.07% |
| 49 | NUTRIEN LTD | NTR | 7,700 | $452,067 | 0.07% |
| 50 | MARATHON PETE CORP | MARA | 2,291 | $441,567 | 0.06% |
| 51 | AMCOR PLC | AMCCF | 52,925 | $432,926 | 0.06% |
| 52 | CONOCOPHILLIPS | COP | 4,492 | $424,898 | 0.06% |
| 53 | EVERUS CONSTR GROUP | EVEX-WT | 4,900 | $420,175 | 0.06% |
| 54 | INGREDION INC | INGR | 3,285 | $401,131 | 0.06% |
| 55 | CRANE NXT CO | CXT | 5,880 | $394,372 | 0.06% |
| 56 | PACKAGING CORP AMER | 695156109 | 1,800 | $392,274 | 0.06% |
| 57 | 3M CO | MMM | 2,500 | $387,950 | 0.06% |
| 58 | MASTERBRAND INC | MBC | 29,328 | $386,250 | 0.06% |
| 59 | STEEL DYNAMICS INC | STLD | 2,694 | $375,624 | 0.05% |
| 60 | CARRIER GLOBAL CORPORATION | CARR | 6,030 | $359,991 | 0.05% |
| 61 | COMMERCIAL METALS CO | CMC | 6,200 | $355,136 | 0.05% |
| 62 | TRANE TECHNOLOGIES PLC | TT | 800 | $337,568 | 0.05% |
| 63 | MILLROSE PPTYS INC | 601137102 | 9,000 | $302,490 | 0.04% |
| 64 | KELLANOVA | BEKE | 3,600 | $295,272 | 0.04% |
| 65 | RELIANCE INC | RS | 1,000 | $280,830 | 0.04% |
| 66 | EATON CORP PLC | ETN | 749 | $280,313 | 0.04% |
| 67 | PROLOGIS INC. | PLDGP | 2,400 | $274,848 | 0.04% |
| 68 | SUNCOR ENERGY INC NEW | SU | 6,400 | $267,584 | 0.04% |
| 69 | LIBERTY MEDIA CORP DEL | FWONB | 2,743 | $265,989 | 0.04% |
| 70 | NUCOR CORP | NUE | 1,868 | $252,983 | 0.04% |
| 71 | VALERO ENERGY CORP | VLO | 1,360 | $231,554 | 0.03% |
| 72 | ICL GROUP LTD | ICL | 36,500 | $227,030 | 0.03% |
| 73 | PAN AMERN SILVER CORP | 697900108 | 5,567 | $215,610 | 0.03% |
| 74 | CATERPILLAR INC | CAT | 442 | $210,900 | 0.03% |
| 75 | RXO INC | RXO | 13,083 | $201,217 | 0.03% |
| 76 | FTAI INFRASTRUCTURE INC | FIP | 33,000 | $143,880 | 0.02% |
| 77 | GERDAU SA | GGB | 33,264 | $103,118 | 0.01% |