Institutional Manager · CIK 0000903947
MILLER HOWARD INVESTMENTS INC /NY
KINGSTON, NY · File #028-03692
Latest AUM
$3.31B
Positions
140
Top-10 Concentration
33.5%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | ISHARES TR SELECT DIVID ETF | 464287168 | +445,910 | +$62.9M | -$57,317 |
| REDUCE | JPMORGAN CHASE & CO. COM | VYLD | -153,726 | -$49.5M | +$1.1M |
| EXITED | INTERPUBLIC GROUP COS INC COM | 460690100 | -1,731,113 | -$48.3M | $0 |
| ADD | OMNICOM GROUP INC COM | OMC | +569,445 | +$46.0M | -$4,455 |
| NEW | REGIONS FINANCIAL CORP NEW COM | RF-PF | +1,584,109 | +$42.9M | $0 |
| NEW | M & T BK CORP COM | 55261F104 | +212,511 | +$42.8M | $0 |
| REDUCE | JEFFERIES FINL GROUP INC COM | 47233W109 | -493,686 | -$30.6M | -$1.8M |
| REDUCE | BANK NEW YORK MELLON CORP COM | 064058100 | -217,778 | -$25.3M | +$4.3M |
| REDUCE | VERIZON COMMUNICATIONS INC COM | VZ | -595,652 | -$24.3M | -$4.5M |
| NEW | GAP INC/THE | GAP | +803,166 | +$20.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025140 pos · $3.31B
- 13F HOLDINGS REPORTQ/E Sep 2025135 pos · $3.28B
- 13F HOLDINGS REPORTQ/E Jun 2025136 pos · $3.15B
- 13F HOLDINGS REPORTQ/E Mar 2025139 pos · $3.14B
- 13F HOLDINGS REPORTQ/E Dec 2024136 pos · $3.04B
- 13F HOLDINGS REPORTQ/E Sep 2024195 pos · $3.24B
- 13F HOLDINGS REPORTQ/E Jun 2024192 pos · $3.01B
- 13F HOLDINGS REPORTQ/E Mar 2024192 pos · $3.05B
- 13F HOLDINGS REPORTQ/E Dec 2023191 pos · $2.73B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MPLX LP COM UNIT REP LTD | MPLXP | 2,315,921 | $123.6M | 4.45% |
| 2 | JOHNSON & JOHNSON COM | JNJ | 512,294 | $106.0M | 3.81% |
| 3 | ENTERPRISE PRODS PARTNERS L P | 293792107 | 3,112,119 | $99.8M | 3.59% |
| 4 | CISCO SYS INC COM | CSCO | 1,234,292 | $95.1M | 3.42% |
| 5 | ABBVIE INC COM | ABBV | 401,292 | $91.7M | 3.30% |
| 6 | OLD REP INTL CORP COM | 680223104 | 1,996,225 | $91.1M | 3.28% |
| 7 | ENERGY TRANSFER L P COM UT LTD | ET-PI | 5,229,111 | $86.2M | 3.10% |
| 8 | GSK PLC SPONSORED ADR | GLAXF | 1,642,114 | $80.5M | 2.90% |
| 9 | GILEAD SCIENCES INC COM | GILD | 654,778 | $80.4M | 2.89% |
| 10 | STATE STR CORP COM | STT-PG | 599,630 | $77.4M | 2.78% |
| 11 | ISHARES TR SELECT DIVID ETF | 464287168 | 505,689 | $71.4M | 2.57% |
| 12 | MEDTRONIC PLC SHS | MDT | 723,893 | $69.5M | 2.50% |
| 13 | EAST WEST BANCORP INC COM | EWBC | 618,551 | $69.5M | 2.50% |
| 14 | CITIGROUP INC COM NEW | C-PR | 587,187 | $68.5M | 2.46% |
| 15 | EXELON CORP COM | EXC | 1,443,215 | $62.9M | 2.26% |
| 16 | TC ENERGY CORP COM | TRPRF | 1,135,832 | $62.5M | 2.25% |
| 17 | WESTERN MIDSTREAM PARTNERS LP | WES | 1,491,432 | $58.9M | 2.12% |
| 18 | BANK AMERICA CORP COM | 060505104 | 1,048,024 | $57.6M | 2.07% |
| 19 | ENTERGY CORP NEW COM | ENO | 618,714 | $57.2M | 2.06% |
| 20 | WILLIAMS COS INC COM | 969457100 | 950,538 | $57.1M | 2.06% |