Fractal Investments LLC

Registered adviser

CIK

1843590

Location

Glastonbury, CT

Portfolio Value

Small $882,663,969

Diversification

Diversified

Filing Date

Global Rank

#2,757 / 8,827 ▼ 176 · as of Jun 2026

Top Industry

Oil & Gas Midstream 86.4%

Period ended 38 days ago

Filed Oct 28, 2026 · 10d

20 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 311767

Roster of Nov 1, 2026

Regulatory AUM

$734,660,475

Main clients

Insurance companies (100% of AUM)

LEI

984500D14JFD006CBC96

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$734,660,475	Insurance companies (100%)
Feb 2025 to Mar 2026	$683,451,095	Insurance companies (100%)
Mar 2024 to Jan 2025	$514,652,033	Insurance companies (100%)
May 2023 to Feb 2024	$456,775,248	Insurance companies (100%)
Apr 2023	$456,775,248	Insurance companies (100%)
Apr 2022 to Mar 2023	$331,711,242	Insurance companies (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 76.3% of the book (60%+)

Turnover

Low turnover

10.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 16.7 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 96.9%; sector active share 91.2% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

78 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

13.3%

+1.3 pts

Top 5

48.9%

+1.2 pts

Top 10

77.8%

+1.4 pts

HHI

714

Diversified+32

Portfolio Trend

20 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Energy	95.2%	$840,322,695	38
Basic Materials	1.5%	$13,187,214	14
Industrials	1.4%	$12,336,702	11
Technology	1.0%	$8,991,015	6
Utilities	0.4%	$3,532,364	1
Consumer Cyclical	0.2%	$1,580,229	3
Healthcare	0.2%	$1,337,330	2
Communication Services	0.1%	$1,064,804	2
Real Estate	0.0%	$311,616	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
ET	Energy Transfer LP	+475,000	5,946,353	$117,559,398
SUN	Sunoco LP	+247,325	929,327	$67,720,058
DTM	DT Midstream, Inc.	+55,000	285,999	$34,168,300
TRGP	Targa Resources Corp.	+10,500	203,589	$55,032,142
CON	Concentra Group Holdings Parent, Inc.	+9,000	29,000	$998,180
ECG	Everus Construction Group, Inc.	+5,300	11,700	$1,374,984
MLI	Mueller Industries Inc	+4,926	9,852	$597,129
VGNT	Versigent PLC	+4,500	10,500	$471,870
RAL	Ralliant Corp	+3,000	13,000	$899,210
IMO	Imperial Oil Ltd	+2,900	6,610	$813,360
Q	Qnity Electronics, Inc.	+2,600	22,600	$2,841,724
VLTO	Veralto Corp	+2,200	11,000	$1,037,520
KEX	Kirby Corp	+2,100	4,300	$564,375
SPHR	Sphere Entertainment Co.	+1,300	4,200	$564,648
SCCO	Southern Copper Corp	+53	4,472	$906,206
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
TRP	Tc Energy Corp	−162,700	507,300	$29,311,794
HESM	Hess Midstream LP	−20,533	1,139,887	$42,597,577
WES	Western Midstream Partners, LP	−18,500	1,506,146	$66,827,698
SNDK	Sandisk Corp	−1,500	1,900	$3,305,791
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
NUE	Nucor Corp	9,000	$2,103,750
HONA	Honeywell Aerospace Inc.	9,550	$1,479,963
FDXF	FedEx Freight Holding Company, Inc.	10,000	$1,093,800
PSX	Phillips 66	1,369	$349,519
CVE	Cenovus Energy Inc.	11,000	$341,880
DVN	Devon Energy Corp	4,486	$206,535
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
SOLS	Solstice Advanced Materials Inc.	28,100	$2,489,660
CAT	Caterpillar Inc	1,342	$1,429,095
CEG	Constellation Energy Corp	1,985	$493,014
CMC	COMMERCIAL METALS Co	6,200	$389,050
MT	ArcelorMittal	4,800	$289,056
RNA	Atrium Therapeutics, Inc.	20,000	$269,000
GE	General Electric Co	660	$246,661
BKR	Baker Hughes Co	3,900	$216,450
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

78 tracked positions · $882,663,969 total · filing declares 78 positions · $882,663,984 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 78 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ET	Energy Transfer LP Energy	Added	5,946,353	+475,000	$117,559,398	+12.4%	13.32%
MPLX	Mplx LP Energy	Held	1,668,116	0	$93,948,293	−0.0%	10.64%
PAA	Plains All American Pipeline LP Energy	Held	3,625,784	0	$86,003,596	+6.6%	9.74%
SUN	Sunoco LP Energy	Added	929,327	+247,325	$67,720,058	+47.1%	7.67%
WES	Western Midstream Partners, LP Energy	Reduced	1,506,146	-18,500	$66,827,698	+0.2%	7.57%
EPD	Enterprise Products Partners L.P. Energy	Held	1,837,044	0	$65,417,136	−3.1%	7.41%
WMB	Williams Companies, Inc. Energy	Held	840,072	0	$57,099,693	−8.6%	6.47%
TRGP	Targa Resources Corp. Energy	Added	203,589	+10,500	$55,032,142	+6.3%	6.23%
HESM	Hess Midstream LP Energy	Reduced	1,139,887	-20,533	$42,597,577	−2.4%	4.83%
DTM	DT Midstream, Inc. Energy	Added	285,999	+55,000	$34,168,300	+0.8%	3.87%
KMI	Kinder Morgan, Inc. Energy	Held	1,046,638	0	$31,556,135	−5.7%	3.58%
TRP	Tc Energy Corp Energy	Reduced	507,300	-162,700	$29,311,794	−34.0%	3.32%
LNG	Cheniere Energy, Inc. Energy	Held	77,685	0	$20,899,595	+12.6%	2.37%
OKE	Oneok Inc Energy	Held	156,630	0	$13,355,840	−1.9%	1.51%
NGL	NGL Energy Partners LP Energy	Held	832,479	0	$12,270,740	−7.5%	1.39%
CQP	Cheniere Energy Partners, L.P. Energy	Held	194,126	0	$11,814,508	−0.1%	1.34%
GLP	Global Partners LP Energy	Held	195,234	0	$9,039,334	−0.6%	1.02%
GEL	Genesis Energy LP Energy	Held	343,243	0	$4,723,023	−2.9%	0.54%
AM	Antero Midstream Corp Energy	Held	233,383	0	$4,705,001	−11.4%	0.53%
GEV	GE Vernova Inc. Industrials	Held	3,949	0	$3,753,485	−19.1%	0.43%
SPH	Suburban Propane Partners LP Utilities	Held	214,864	0	$3,532,364	−3.9%	0.40%
SNDK	Sandisk Corp Technology	Reduced	1,900	-1,500	$3,305,791	−57.2%	0.37%
ENB	Enbridge Inc Energy	Held	67,500	0	$3,138,075	−14.2%	0.36%
Q	Qnity Electronics, Inc. Technology	Added	22,600	+2,600	$2,841,724	−13.0%	0.32%
NUE	Nucor Corp Basic Materials	NEW	9,000	NEW	$2,103,750	NEW	0.24%
NEM	NEWMONT Corp Basic Materials	Held	15,218	0	$1,755,244	+23.5%	0.20%
WLKP	Westlake Chemical Partners LP Basic Materials	Held	80,400	0	$1,704,480	−4.8%	0.19%
XOM	ExxonMobil Holdings Corp Energy	Held	9,710	0	$1,580,302	+19.0%	0.18%
HONA	Honeywell Aerospace Inc. Industrials	NEW	9,550	NEW	$1,479,963	NEW	0.17%
KNTK	Kinetik Holdings Inc. Energy	Held	27,502	0	$1,380,600	+3.8%	0.16%
ECG	Everus Construction Group, Inc. Industrials	Added	11,700	+5,300	$1,374,984	+29.5%	0.16%
SMC	Summit Midstream Corp Energy	Held	45,000	0	$1,360,350	+6.1%	0.15%
CR	Crane Co Industrials	Held	6,300	0	$1,285,326	−8.5%	0.15%
CF	CF Industries Holdings, Inc. Basic Materials	Held	10,300	0	$1,186,560	+6.4%	0.13%
SU	Suncor Energy Inc Energy	Held	16,400	0	$1,113,068	+26.4%	0.13%
SHEL	Shell plc Energy	Held	11,588	0	$1,101,439	+22.6%	0.12%
FDXF	FedEx Freight Holding Company, Inc. Industrials	NEW	10,000	NEW	$1,093,800	NEW	0.12%
FCX	Freeport-Mcmoran Inc Basic Materials	Held	15,068	0	$1,054,760	+11.3%	0.12%
VLTO	Veralto Corp Industrials	Added	11,000	+2,200	$1,037,520	+32.9%	0.12%
CON	Concentra Group Holdings Parent, Inc. Healthcare	Added	29,000	+9,000	$998,180	+67.8%	0.11%
KEYS	Keysight Technologies, Inc. Technology	Held	2,500	0	$910,100	+4.0%	0.10%
SCCO	Southern Copper Corp Basic Materials	Added	4,472	+53	$906,206	+17.7%	0.10%
MPC	Marathon Petroleum Corp Energy	Held	2,291	0	$905,907	+54.7%	0.10%
RAL	Ralliant Corp Technology	Added	13,000	+3,000	$899,210	+22.1%	0.10%
PHIN	Phinia Inc. Consumer Cyclical	Held	14,900	0	$885,507	−27.8%	0.10%
AEM	Agnico Eagle Mines Ltd Basic Materials	Held	4,809	0	$881,345	+18.1%	0.10%
CVX	Chevron Corp Energy	Held	4,200	0	$857,682	+23.2%	0.10%
IMO	Imperial Oil Ltd Energy	Added	6,610	+2,900	$813,360	+95.7%	0.09%
RIO	Rio Tinto PLC Basic Materials	Held	8,200	0	$772,194	−0.8%	0.09%
BHP	BHP Group Ltd Basic Materials	Held	9,000	0	$763,560	+1.8%	0.09%

Showing the top 50 of 78 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.