13F HOLDINGS REPORT
Fractal Investments LLC
Quarter ended Q4 2025 · Filed January 27, 2026 · Accession 0002085853-26-000101
Total Value
$716.2M
Positions
80
Other Managers
0
Confidential Omitted
No
Holdings (80)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MPLX LP | MPLXP | 2,051,301 | $109.5M | 15.29% |
| 2 | ENERGY TRANSFER L P | ET-PI | 4,797,715 | $79.1M | 11.05% |
| 3 | PLAINS ALL AMERN PIPELINE L | 726503105 | 3,625,784 | $65.1M | 9.09% |
| 4 | WESTERN MIDSTREAM PARTNERS L | WES | 1,577,806 | $62.3M | 8.70% |
| 5 | ENTERPRISE PRODS PARTNERS L | 293792107 | 1,837,044 | $58.9M | 8.22% |
| 6 | WILLIAMS COS INC | 969457100 | 814,000 | $48.9M | 6.83% |
| 7 | HESS MIDSTREAM LP | HESM | 1,185,220 | $40.9M | 5.71% |
| 8 | TC ENERGY CORP | TRPRF | 649,000 | $35.7M | 4.98% |
| 9 | SUNOCO LP/SUNOCO FIN CORP | SUN | 616,542 | $32.3M | 4.51% |
| 10 | TARGA RES CORP | TRGP | 158,424 | $29.2M | 4.08% |
| 11 | DT MIDSTREAM INC | DTM | 230,999 | $27.6M | 3.86% |
| 12 | KINDER MORGAN INC DEL | EP-PC | 854,638 | $23.5M | 3.28% |
| 13 | CHENIERE ENERGY INC | LNG | 78,585 | $15.3M | 2.13% |
| 14 | ONEOK INC NEW | OKE | 156,630 | $11.5M | 1.61% |
| 15 | CHENIERE ENERGY PARTNERS LP | LNG | 194,126 | $10.4M | 1.45% |
| 16 | NGL ENERGY PARTNERS LP | NGL-PC | 832,479 | $8.3M | 1.16% |
| 17 | GLOBAL PARTNERS LP | GLP-PB | 195,234 | $8.2M | 1.14% |
| 18 | GENESIS ENERGY L P | GEL | 343,243 | $5.4M | 0.75% |
| 19 | SUBURBAN PROPANE PARTNERS L | SPH | 214,864 | $4.0M | 0.56% |
| 20 | ENBRIDGE INC | ENNPF | 67,500 | $3.2M | 0.45% |
| 21 | GE VERNOVA INC | GEV | 3,949 | $2.6M | 0.36% |
| 22 | NEWMONT CORP | NEMCL | 17,000 | $1.7M | 0.24% |
| 23 | WESTLAKE CHEM PARTNERS LP | WLK | 80,400 | $1.5M | 0.21% |
| 24 | CONSTELLATION ENERGY CORP | CEG | 3,985 | $1.4M | 0.20% |
| 25 | SOLSTICE ADVANCED MATLS INC | 83443Q103 | 25,100 | $1.2M | 0.17% |
| 26 | SUMMIT MIDSTREAM CORPORATION | SMC | 45,000 | $1.2M | 0.17% |
| 27 | SANDISK CORP | SNDK | 4,400 | $1.0M | 0.15% |
| 28 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 12,601 | $1.0M | 0.14% |
| 29 | KINETIK HOLDINGS INC | KNTK | 27,502 | $991,447 | 0.14% |
| 30 | SPDR GOLD TR | GLD | 2,500 | $990,775 | 0.14% |
| 31 | QNITY ELECTRONICS INC | Q | 12,000 | $979,800 | 0.14% |
| 32 | EXXON MOBIL CORP | XOM | 7,861 | $945,993 | 0.13% |
| 33 | PHINIA INC | PHIN | 14,900 | $934,081 | 0.13% |
| 34 | CRANE COMPANY | CR | 4,900 | $903,707 | 0.13% |
| 35 | VERALTO CORP | VLTO | 8,800 | $878,064 | 0.12% |
| 36 | AGNICO EAGLE MINES LTD | AEM | 4,809 | $815,270 | 0.11% |
| 37 | CF INDS HLDGS INC | 125269100 | 10,300 | $796,602 | 0.11% |
| 38 | FREEPORT-MCMORAN INC | FCX | 15,068 | $765,304 | 0.11% |
| 39 | BARRICK MNG CORP | 06849F108 | 16,400 | $714,220 | 0.10% |
| 40 | RIO TINTO PLC | RTNTF | 8,200 | $656,246 | 0.09% |
| 41 | ESAB CORPORATION | ESAB | 5,777 | $645,406 | 0.09% |
| 42 | PARKER-HANNIFIN CORP | PH | 730 | $641,641 | 0.09% |
| 43 | CHEVRON CORP NEW | CVX | 4,200 | $640,122 | 0.09% |
| 44 | SOUTHERN COPPER CORP | SCCO | 4,340 | $622,660 | 0.09% |
| 45 | MUELLER INDS INC | 624756102 | 4,926 | $565,505 | 0.08% |
| 46 | SHELL PLC | RYDAF | 7,500 | $551,100 | 0.08% |
| 47 | BHP GROUP LTD | BHPLF | 9,000 | $543,330 | 0.08% |
| 48 | NCR ATLEOS CORPORATION | NATL | 12,700 | $483,997 | 0.07% |
| 49 | NUTRIEN LTD | NTR | 7,700 | $475,244 | 0.07% |
| 50 | DELEK LOGISTICS PARTNERS LP | DKL | 10,559 | $471,143 | 0.07% |
| 51 | FORTIVE CORP | FTV | 8,400 | $463,764 | 0.06% |
| 52 | STEEL DYNAMICS INC | STLD | 2,694 | $456,498 | 0.06% |
| 53 | AMCOR PLC | AMCCF | 52,925 | $441,394 | 0.06% |
| 54 | COMMERCIAL METALS CO | CMC | 6,200 | $429,164 | 0.06% |
| 55 | LIBERTY LIVE HOLDINGS INC | LLYVK | 5,143 | $427,692 | 0.06% |
| 56 | CONOCOPHILLIPS | COP | 4,492 | $420,496 | 0.06% |
| 57 | EVERUS CONSTR GROUP | EVEX-WT | 4,900 | $419,244 | 0.06% |
| 58 | MARATHON PETE CORP | MARA | 2,291 | $372,585 | 0.05% |
| 59 | PACKAGING CORP AMER | 695156109 | 1,800 | $371,214 | 0.05% |
| 60 | INGREDION INC | INGR | 3,285 | $362,204 | 0.05% |
| 61 | MASTERBRAND INC | MBC | 29,328 | $323,781 | 0.05% |
| 62 | CARRIER GLOBAL CORPORATION | CARR | 6,030 | $318,625 | 0.04% |
| 63 | TRANE TECHNOLOGIES PLC | TT | 800 | $311,360 | 0.04% |
| 64 | PROLOGIS INC. | PLDGP | 2,400 | $306,384 | 0.04% |
| 65 | NUCOR CORP | NUE | 1,868 | $304,689 | 0.04% |
| 66 | RELIANCE INC | RS | 1,000 | $288,870 | 0.04% |
| 67 | PAN AMERN SILVER CORP | 697900108 | 5,567 | $288,426 | 0.04% |
| 68 | SUNCOR ENERGY INC NEW | SU | 6,400 | $283,904 | 0.04% |
| 69 | MILLROSE PPTYS INC | 601137102 | 9,000 | $268,830 | 0.04% |
| 70 | CATERPILLAR INC | CAT | 442 | $253,209 | 0.04% |
| 71 | EATON CORP PLC | ETN | 749 | $238,564 | 0.03% |
| 72 | VALERO ENERGY CORP | VLO | 1,360 | $221,394 | 0.03% |
| 73 | ARCELORMITTAL SA LUXEMBOURG | ARCXF | 4,800 | $218,736 | 0.03% |
| 74 | BUNGE GLOBAL SA | BG | 2,400 | $213,792 | 0.03% |
| 75 | ICL GROUP LTD | ICL | 36,500 | $208,415 | 0.03% |
| 76 | SYLVAMO CORP | SLVM | 4,300 | $207,045 | 0.03% |
| 77 | HALLIBURTON CO | HAL | 7,200 | $203,472 | 0.03% |
| 78 | GE AEROSPACE | 369604301 | 660 | $203,300 | 0.03% |
| 79 | FTAI INFRASTRUCTURE INC | FIP | 33,000 | $152,130 | 0.02% |
| 80 | GERDAU SA | GGB | 33,264 | $122,744 | 0.02% |