Institutional Manager · CIK 0001843590
Fractal Investments LLC
Glastonbury, CT · File #028-21677
Latest AUM
$716.2M
Positions
80
Top-10 Concentration
79.5%
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 | WILLIAMS COS INC | 969457100 | +222,500 | +$13.4M | -$1.9M |
| ADD | WESTERN MIDSTREAM PARTNERS L | WES | +110,300 | +$4.4M | +$308,176 |
| REDUCE | ONEOK INC NEW | OKE | -51,063 | -$3.8M | +$110,077 |
| REDUCE | PLAINS ALL AMERN PIPELINE L | 726503105 | -199,874 | -$3.6M | +$3.4M |
| REDUCE | GE VERNOVA INC | GEV | -2,051 | -$1.3M | +$232,020 |
| NEW | SOLSTICE ADVANCED MATLS INC | 83443Q103 | +25,100 | +$1.2M | $0 |
| NEW | SANDISK CORP | SNDK | +4,400 | +$1.0M | $0 |
| NEW | QNITY ELECTRONICS INC | Q | +12,000 | +$979,800 | $0 |
| EXITED | ARAMARK | 03852U106 | -16,800 | -$645,120 | $0 |
| REDUCE | CONSTELLATION ENERGY CORP | CEG | -1,515 | -$535,204 | +$133,100 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202580 pos · $716.2M
- 13F HOLDINGS REPORTQ/E Sep 202577 pos · $692.7M
- 13F HOLDINGS REPORTQ/E Jun 202576 pos · $701.0M
- 13F HOLDINGS REPORTQ/E Mar 202573 pos · $719.6M
- 13F HOLDINGS REPORTQ/E Dec 202476 pos · $653.5M
- 13F HOLDINGS REPORTQ/E Sep 202483 pos · $591.6M
- 13F HOLDINGS REPORTQ/E Jun 202482 pos · $574.6M
- 13F HOLDINGS REPORTQ/E Mar 202481 pos · $550.7M
- 13F HOLDINGS REPORTQ/E Dec 202395 pos · $486.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MPLX LP | MPLXP | 2,051,301 | $109.5M | 15.48% |
| 2 | ENERGY TRANSFER L P | ET-PI | 4,797,715 | $79.1M | 11.19% |
| 3 | PLAINS ALL AMERN PIPELINE L | 726503105 | 3,625,784 | $65.1M | 9.21% |
| 4 | WESTERN MIDSTREAM PARTNERS L | WES | 1,577,806 | $62.3M | 8.81% |
| 5 | ENTERPRISE PRODS PARTNERS L | 293792107 | 1,837,044 | $58.9M | 8.33% |
| 6 | WILLIAMS COS INC | 969457100 | 814,000 | $48.9M | 6.92% |
| 7 | HESS MIDSTREAM LP | HESM | 1,185,220 | $40.9M | 5.78% |
| 8 | TC ENERGY CORP | TRPRF | 649,000 | $35.7M | 5.05% |
| 9 | SUNOCO LP/SUNOCO FIN CORP | SUN | 616,542 | $32.3M | 4.57% |
| 10 | TARGA RES CORP | TRGP | 158,424 | $29.2M | 4.13% |
| 11 | DT MIDSTREAM INC | DTM | 230,999 | $27.6M | 3.91% |
| 12 | KINDER MORGAN INC DEL | EP-PC | 854,638 | $23.5M | 3.32% |
| 13 | CHENIERE ENERGY INC | LNG | 78,585 | $15.3M | 2.16% |
| 14 | ONEOK INC NEW | OKE | 156,630 | $11.5M | 1.63% |
| 15 | CHENIERE ENERGY PARTNERS LP | LNG | 194,126 | $10.4M | 1.47% |
| 16 | NGL ENERGY PARTNERS LP | NGL-PC | 832,479 | $8.3M | 1.18% |
| 17 | GLOBAL PARTNERS LP | GLP-PB | 195,234 | $8.2M | 1.16% |
| 18 | GENESIS ENERGY L P | GEL | 343,243 | $5.4M | 0.76% |
| 19 | SUBURBAN PROPANE PARTNERS L | SPH | 214,864 | $4.0M | 0.56% |
| 20 | ENBRIDGE INC | ENNPF | 67,500 | $3.2M | 0.46% |