Recurrent Investment Advisors LLC
Filing Date
Global Rank
#1,506
/ 8,700
▲ 119
Top Industry
Oil & Gas Midstream
62.7%
3Y Alpha vs SPY
+4.0%
Period ended 3 months ago
Filed Aug 14, 2026 · 31d
26 quarters · since Mar 2020
Clone Performance
Sep 2023–Sep 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+87.8%
SPY
+69.7%
Annualised alpha
+4.1%
Max drawdown
−19.7%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
71 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
7.9%
−1.4 pts
Top 5
33.7%
−1.6 pts
Top 10
56.9%
−1.4 pts
HHI
445
Diversified−22
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 88.9% | $1,424,705,589 |
| Basic Materials | 5.8% | $93,014,857 |
| Consumer Cyclical | 5.1% | $82,154,818 |
| Consumer Defensive | 0.1% | $2,053,962 |
| Utilities | 0.0% | $773,266 |
| Real Estate | 0.0% | $601,707 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ENB | Enbridge Inc | +417,273 | 882,892 | $47,861,575 | |
| ET | Energy Transfer LP | +373,013 | 5,935,394 | $113,484,733 | |
| EPD | Enterprise Products Partners L.P. | +355,933 | 2,031,416 | $74,674,852 | |
| HUN | Huntsman CORP | +256,562 | 792,476 | $8,416,095 | |
| KMI | Kinder Morgan, Inc. | +148,085 | 2,578,529 | $82,435,572 | |
| SUN | Sunoco LP | +121,557 | 1,149,434 | $77,586,795 | |
| EMN | Eastman Chemical Co | +48,715 | 135,851 | $9,099,299 | |
| DOW | Dow Inc. | +30,606 | 365,815 | $10,008,698 | |
| LYB | LyondellBasell Industries N.V. | +19,221 | 144,709 | $7,618,928 | |
| WLK | Westlake Corp | +15,981 | 128,771 | $9,400,283 | |
| SUNC | SunocoCorp LLC | +10,700 | 26,080 | $1,764,833 | |
| EXE | EXPAND ENERGY Corp | +5,957 | 15,646 | $1,426,758 | |
| CRH | Crh Public Ltd Co | +4,147 | 13,549 | $1,449,743 | |
| PBA | Pembina Pipeline Corp | +4,002 | 1,498,252 | $69,294,155 | |
| OKE | Oneok Inc /New/ | +3,923 | 1,159,957 | $100,846,661 | |
| LNG | Cheniere Energy, Inc. | +1,279 | 301,353 | $72,026,380 | |
| SHEL | Shell plc | +446 | 56,587 | $4,387,755 | |
| MUSA | Murphy USA Inc. | +144 | 146,263 | $78,816,742 | |
| MOS | Mosaic Co | +95 | 54,542 | $1,155,744 | |
| B | Barrick Mining Corp | +83 | 234,844 | $8,625,820 | |
| VALE | Vale S.A. | +62 | 196,192 | $2,950,727 | |
| IP | International Paper Co /New/ | +58 | 28,324 | $1,079,144 | |
| MTDR | Matador Resources Co | +51 | 77,047 | $3,835,399 | |
| HAL | Halliburton Co | +15 | 73,663 | $2,500,858 | |
| XOM | ExxonMobil Holdings Corp | +14 | 58,314 | $7,972,690 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
22 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CVE | Cenovus Energy Inc. | −1,060,316 | 4,739,325 | $117,582,653 | |
| VNOM | Viper Energy, Inc. | −521,257 | 468,061 | $19,845,786 | |
| SU | Suncor Energy Inc | −369,240 | 1,145,921 | $61,513,039 | |
| PAGP | Plains Gp Holdings LP | −333,622 | 1,791,325 | $43,475,457 | |
| PBF | PBF Energy Inc. | −273,381 | 729,534 | $33,208,387 | |
| MPC | Marathon Petroleum Corp | −95,159 | 85,799 | $21,936,230 | |
| PKX | Posco Holdings Inc. | −12,538 | 12,422 | $638,242 | |
| PSX | Phillips 66 | −11,048 | 403,016 | $68,129,854 | |
| ALB | Albemarle Corp | −3,746 | 2,537 | $342,571 | |
| SOBO | South Bow Corp | −2,278 | 1,158,738 | $40,833,927 | |
| KNTK | Kinetik Holdings Inc. | −1,730 | 9,970 | $481,949 | |
| WES | Western Midstream Partners, LP | −1,467 | 1,133,291 | $49,592,814 | |
| TRGP | Targa Resources Corp. | −1,164 | 470,637 | $126,196,605 | |
| MT | ArcelorMittal | −32 | 15,371 | $925,641 | |
| FCX | Freeport-Mcmoran Inc | −31 | 52,486 | $3,300,844 | |
| AA | Alcoa Corp | −30 | 15,100 | $787,314 | |
| WY | Weyerhaeuser Co | −10 | 25,134 | $601,707 | |
| BHP | BHP Group Ltd | −9 | 27,262 | $2,271,197 | |
| ADM | Archer-Daniels-Midland Co | −4 | 7,392 | $564,748 | |
| NTR | Nutrien Ltd. | −3 | 52,357 | $3,295,873 | |
| DTM | DT Midstream, Inc. | −2 | 355,154 | $52,115,297 | |
| RIO | Rio Tinto PLC | −2 | 27,245 | $2,586,367 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
71 tracked positions ·
$1,603,304,199 total
· filing declares
71 positions · $1,610,959,816
· as of Jun 30, 2026
Showing 1–50
of 71 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TRGP |
Targa Resources Corp.
Energy
|
Reduced | 470,637 | $126,196,605 | 7.87% | |
| CVE |
Cenovus Energy Inc.
Energy
|
Reduced | 4,739,325 | $117,582,653 | 7.33% | |
| ET |
Energy Transfer LP
Energy
|
Added | 5,935,394 | $113,484,733 | 7.08% | |
| OKE |
Oneok Inc /New/
Energy
|
Added | 1,159,957 | $100,846,661 | 6.29% | |
| KMI |
Kinder Morgan, Inc.
Energy
|
Added | 2,578,529 | $82,435,572 | 5.14% | |
| MUSA |
Murphy USA Inc.
Consumer Cyclical
|
Added | 146,263 | $78,816,742 | 4.92% | |
| SUN |
Sunoco LP
Energy
|
Added | 1,149,434 | $77,586,795 | 4.84% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Added | 2,031,416 | $74,674,852 | 4.66% | |
| LNG |
Cheniere Energy, Inc.
Energy
|
Added | 301,353 | $72,026,380 | 4.49% | |
| PBA |
Pembina Pipeline Corp
Energy
|
Added | 1,498,252 | $69,294,155 | 4.32% | |
| PSX |
Phillips 66
Energy
|
Reduced | 403,016 | $68,129,854 | 4.25% | |
| SU |
Suncor Energy Inc
Energy
|
Reduced | 1,145,921 | $61,513,039 | 3.84% | |
| WMB |
Williams Companies, Inc.
Energy
|
Held | 762,867 | $56,711,532 | 3.54% | |
| DTM |
DT Midstream, Inc.
Energy
|
Reduced | 355,154 | $52,115,297 | 3.25% | |
| WES |
Western Midstream Partners, LP
Energy
|
Reduced | 1,133,291 | $49,592,814 | 3.09% | |
| ENB |
Enbridge Inc
Energy
|
Added | 882,892 | $47,861,575 | 2.99% | |
| PAGP |
Plains Gp Holdings LP
Energy
|
Reduced | 1,791,325 | $43,475,457 | 2.71% | |
| SOBO |
South Bow Corp
Energy
|
Reduced | 1,158,738 | $40,833,927 | 2.55% | |
| PBF |
PBF Energy Inc.
Energy
|
Reduced | 729,534 | $33,208,387 | 2.07% | |
| MPLX |
Mplx LP
Energy
|
NEW | 544,714 | $30,683,739 | 1.91% | |
| VG |
Venture Global, Inc.
Energy
|
NEW | 2,025,792 | $22,547,064 | 1.41% | |
| MPC |
Marathon Petroleum Corp
Energy
|
Reduced | 85,799 | $21,936,230 | 1.37% | |
| VNOM |
Viper Energy, Inc.
Energy
|
Reduced | 468,061 | $19,845,786 | 1.24% | |
| DOW |
Dow Inc.
Basic Materials
|
Added | 365,815 | $10,008,698 | 0.62% | |
| WLK |
Westlake Corp
Basic Materials
|
Added | 128,771 | $9,400,283 | 0.59% | |
| EMN |
Eastman Chemical Co
Basic Materials
|
Added | 135,851 | $9,099,299 | 0.57% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Held | 97,245 | $9,082,683 | 0.57% | |
| B |
Barrick Mining Corp
Basic Materials
|
Added | 234,844 | $8,625,820 | 0.54% | |
| HUN |
Huntsman CORP
Basic Materials
|
Added | 792,476 | $8,416,095 | 0.52% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 58,314 | $7,972,690 | 0.50% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Added | 144,709 | $7,618,928 | 0.48% | |
| CVX |
Chevron Corp
Energy
|
Added | 43,165 | $7,155,030 | 0.45% | |
| SHEL |
Shell plc
Energy
|
Added | 56,587 | $4,387,755 | 0.27% | |
| MTDR |
Matador Resources Co
Energy
|
Added | 77,047 | $3,835,399 | 0.24% | |
| NUE |
Nucor Corp
Basic Materials
|
Added | 16,621 | $3,702,327 | 0.23% | |
| COP |
Conocophillips
Energy
|
Held | 33,972 | $3,531,729 | 0.22% | |
| KGC |
Kinross Gold Corp
Basic Materials
|
NEW | 147,739 | $3,489,595 | 0.22% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 52,486 | $3,300,844 | 0.21% | |
| NTR |
Nutrien Ltd.
Basic Materials
|
Reduced | 52,357 | $3,295,873 | 0.21% | |
| VALE |
Vale S.A.
Basic Materials
|
Added | 196,192 | $2,950,727 | 0.18% | |
| RIO |
Rio Tinto PLC
Basic Materials
|
Reduced | 27,245 | $2,586,367 | 0.16% | |
| HAL |
Halliburton Co
Energy
|
Added | 73,663 | $2,500,858 | 0.16% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
Held | 40,394 | $2,401,827 | 0.15% | |
| CNQ |
CANADIAN NATURAL RESOURCES Ltd
Energy
|
Held | 59,242 | $2,340,059 | 0.15% | |
| BHP |
BHP Group Ltd
Basic Materials
|
Reduced | 27,262 | $2,271,197 | 0.14% | |
| FANG |
Diamondback Energy, Inc.
Energy
|
Held | 11,756 | $2,066,469 | 0.13% | |
| SUNC |
SunocoCorp LLC
Energy
|
Added | 26,080 | $1,764,833 | 0.11% | |
| DAR |
Darling Ingredients Inc.
Consumer Defensive
|
Held | 27,265 | $1,489,214 | 0.09% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
Added | 13,549 | $1,449,743 | 0.09% | |
| EXE |
EXPAND ENERGY Corp
Energy
|
Added | 15,646 | $1,426,758 | 0.09% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.