KAYNE ANDERSON CAPITAL ADVISORS LP

CIK

949615

Location

LOS ANGELES, CA

Portfolio Value

Mid $5,206,342,173

Diversification

Diversified

Filing Date

Global Rank

#646 / 8,622 ▲ 115 · as of Mar 2026

Top Industry

Oil & Gas Midstream 86.7%

3Y Alpha vs SPY

+5.4%

Period ended 4 months ago

Filed May 11, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical 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

+91.6%

SPY

+67.9%

Annualised alpha

+5.4%

Max drawdown

−16.3%

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. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

47 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.5%

−1.0 pts

Top 5

44.5%

−1.4 pts

Top 10

75.5%

−0.0 pts

HHI

640

Diversified−15

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Energy	94.3%	$4,911,653,966	27
Utilities	5.2%	$268,188,404	14
Industrials	0.3%	$14,010,150	4
Financial Services	0.2%	$11,548,921	1
Technology	0.0%	$940,732	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
ENB	Enbridge Inc	+1,498,831	6,095,939	$330,034,136
PAA	Plains All American Pipeline LP	+1,081,102	6,200,636	$138,460,201
ET	Energy Transfer LP	+627,373	24,582,320	$474,438,775
KGS	Kodiak Gas Services, Inc.	+581,934	622,969	$36,331,551
AROC	Archrock, Inc.	+444,571	996,468	$34,677,086
OKE	Oneok Inc /New/	+233,436	3,864,461	$349,308,629
LNG	Cheniere Energy, Inc.	+89,219	1,661,622	$471,501,858
PAGP	Plains Gp Holdings LP	+22,339	197,711	$4,800,423
XEL	Xcel Energy Inc	+20,685	97,379	$7,735,787
WES	Western Midstream Partners, LP	+16,998	3,918,091	$161,307,805
NRG	Nrg Energy, Inc.	+11,858	64,239	$9,387,887
NFG	National Fuel Gas Co	+11,821	106,322	$9,990,015
CNP	Centerpoint Energy Inc	+9,290	1,244,218	$53,700,448
CCJ	Cameco Corp	+4,594	34,139	$3,707,836
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
KMI	Kinder Morgan, Inc.	−1,663,962	10,954,067	$367,289,865
WMB	Williams Companies, Inc.	−948,311	6,703,243	$487,862,024
TRP	Tc Energy Corp	−530,017	4,817,663	$301,585,703
MPLX	Mplx LP	−400,833	6,826,567	$389,592,177
EPD	Enterprise Products Partners L.P.	−317,752	13,031,597	$493,115,629
AM	Antero Midstream Corp	−286,286	4,248,708	$96,870,541
EE	Excelerate Energy, Inc.	−264,586	646,535	$21,607,198
MNR	Mach Natural Resources LP	−227,547	18,960,034	$265,440,476
DTM	DT Midstream, Inc.	−213,550	649,976	$87,532,267
SRE	Sempra	−181,876	776,402	$75,442,981
PPL	PPL Corp	−176,068	200,042	$7,641,604
PBA	Pembina Pipeline Corp	−159,235	1,606,533	$71,908,416
HESM	Hess Midstream LP	−134,525	1,511,093	$58,736,184
CTRI	Centuri Holdings, Inc.	−99,300	98,861	$2,887,729
TRGP	Targa Resources Corp.	−87,250	777,603	$194,968,399
ETR	Entergy Corp /De/	−10,070	602,401	$67,685,775
POWL	Powell Industries Inc	−7,920	3,139	$1,698,450
TLN	Talen Energy Corp	−4,212	11,549	$3,686,787
PWR	Quanta Services, Inc.	−1,981	8,369	$4,594,748
GEV	GE Vernova Inc.	−1,419	6,873	$5,999,441
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
MPC	Marathon Petroleum Corp	159,988	$39,065,869
SWX	Southwest Gas Holdings, Inc.	216,680	$18,829,492
SUNC	SunocoCorp LLC	216,889	$13,371,206
USAC	USA Compression Partners, LP	250,946	$6,805,655
IDA	Idacorp Inc	38,502	$5,504,630
VST	Vistra Corp.	34,412	$5,173,155
AEP	American Electric Power Co Inc	35,263	$4,622,274
CEG	Constellation Energy Corp	16,180	$4,518,265
BWXT	BWX Technologies, Inc.	8,399	$1,717,511
MWH	SOLV Energy, Inc.	45,674	$1,371,590
FSLR	First Solar, Inc.	4,769	$940,732
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
LIN	Linde PLC	83,411	$35,565,616
EXC	Exelon Corp	191,092	$8,329,700
AQN	Algonquin Power & Utilities Corp.	770,878	$4,740,899
AES	Aes Corp	231,750	$3,323,295
NXE	NexGen Energy Ltd.	313,888	$2,887,769
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

47 tracked positions · $5,206,342,173 total · as of Mar 31, 2026

All sectors Energy Financial Services Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EPD	Enterprise Products Partners L.P. Energy	Reduced	13,031,597	-317,752	$493,115,629	+15.2%	9.47%
WMB	Williams Companies, Inc. Energy	Reduced	6,703,243	-948,311	$487,862,024	+6.1%	9.37%
ET	Energy Transfer LP Energy	Added	24,582,320	+627,373	$474,438,775	+20.1%	9.11%
LNG	Cheniere Energy, Inc. Energy	Added	1,661,622	+89,219	$471,501,858	+54.3%	9.06%
MPLX	Mplx LP Energy	Reduced	6,826,567	-400,833	$389,592,177	+1.0%	7.48%
KMI	Kinder Morgan, Inc. Energy	Reduced	10,954,067	-1,663,962	$367,289,865	+5.9%	7.05%
OKE	Oneok Inc /New/ Energy	Added	3,864,461	+233,436	$349,308,629	+30.9%	6.71%
ENB	Enbridge Inc Energy	Added	6,095,939	+1,498,831	$330,034,136	+50.1%	6.34%
TRP	Tc Energy Corp Energy	Reduced	4,817,663	-530,017	$301,585,703	+2.5%	5.79%
MNR	Mach Natural Resources LP Energy	Reduced	18,960,034	-227,547	$265,440,476	+25.3%	5.10%
TRGP	Targa Resources Corp. Energy	Reduced	777,603	-87,250	$194,968,399	+22.2%	3.74%
WES	Western Midstream Partners, LP Energy	Added	3,918,091	+16,998	$161,307,805	+4.7%	3.10%
PAA	Plains All American Pipeline LP Energy	Added	6,200,636	+1,081,102	$138,460,201	+50.6%	2.66%
AM	Antero Midstream Corp Energy	Reduced	4,248,708	-286,286	$96,870,541	+20.1%	1.86%
DTM	DT Midstream, Inc. Energy	Reduced	649,976	-213,550	$87,532,267	−15.3%	1.68%
SRE	Sempra Utilities	Reduced	776,402	-181,876	$75,442,981	−10.8%	1.45%
PBA	Pembina Pipeline Corp Energy	Reduced	1,606,533	-159,235	$71,908,416	+7.0%	1.38%
ETR	Entergy Corp /De/ Utilities	Reduced	602,401	-10,070	$67,685,775	+19.6%	1.30%
HESM	Hess Midstream LP Energy	Reduced	1,511,093	-134,525	$58,736,184	+3.5%	1.13%
CNP	Centerpoint Energy Inc Utilities	Added	1,244,218	+9,290	$53,700,448	+13.4%	1.03%
MPC	Marathon Petroleum Corp Energy	NEW	159,988	NEW	$39,065,869	NEW	0.75%
KGS	Kodiak Gas Services, Inc. Energy	Added	622,969	+581,934	$36,331,551	+2267.3%	0.70%
AROC	Archrock, Inc. Energy	Added	996,468	+444,571	$34,677,086	+141.5%	0.67%
EE	Excelerate Energy, Inc. Energy	Reduced	646,535	-264,586	$21,607,198	−15.5%	0.42%
SWX	Southwest Gas Holdings, Inc. Utilities	NEW	216,680	NEW	$18,829,492	NEW	0.36%
SUNC	SunocoCorp LLC Energy	NEW	216,889	NEW	$13,371,206	NEW	0.26%
KYN	Kayne Anderson Energy Infrastructure Fund, Inc. Financial Services	Held	808,748	0	$11,548,921	+15.3%	0.22%
NFG	National Fuel Gas Co Energy	Added	106,322	+11,821	$9,990,015	+32.0%	0.19%
NRG	Nrg Energy, Inc. Utilities	Added	64,239	+11,858	$9,387,887	+12.5%	0.18%
XEL	Xcel Energy Inc Utilities	Added	97,379	+20,685	$7,735,787	+36.6%	0.15%
PPL	PPL Corp Utilities	Reduced	200,042	-176,068	$7,641,604	−42.0%	0.15%
USAC	USA Compression Partners, LP Energy	NEW	250,946	NEW	$6,805,655	NEW	0.13%
GEV	GE Vernova Inc. Industrials	Reduced	6,873	-1,419	$5,999,441	+10.7%	0.12%
IDA	Idacorp Inc Utilities	NEW	38,502	NEW	$5,504,630	NEW	0.11%
VST	Vistra Corp. Utilities	NEW	34,412	NEW	$5,173,155	NEW	0.10%
PAGP	Plains Gp Holdings LP Energy	Added	197,711	+22,339	$4,800,423	+43.0%	0.09%
AEP	American Electric Power Co Inc Utilities	NEW	35,263	NEW	$4,622,274	NEW	0.09%
PWR	Quanta Services, Inc. Industrials	Reduced	8,369	-1,981	$4,594,748	+5.2%	0.09%
CEG	Constellation Energy Corp Utilities	NEW	16,180	NEW	$4,518,265	NEW	0.09%
CCJ	Cameco Corp Energy	Added	34,139	+4,594	$3,707,836	+37.2%	0.07%
TLN	Talen Energy Corp Utilities	Reduced	11,549	-4,212	$3,686,787	−37.6%	0.07%
CTRI	Centuri Holdings, Inc. Utilities	Reduced	98,861	-99,300	$2,887,729	−42.3%	0.06%
BWXT	BWX Technologies, Inc. Industrials	NEW	8,399	NEW	$1,717,511	NEW	0.03%
POWL	Powell Industries Inc Industrials	Reduced	3,139	-7,920	$1,698,450	−51.8%	0.03%
MWH	SOLV Energy, Inc. Utilities	NEW	45,674	NEW	$1,371,590	NEW	0.03%
GLP	Global Partners LP Energy	Held	31,925	0	$1,344,042	+0.6%	0.03%
FSLR	First Solar, Inc. Technology	NEW	4,769	NEW	$940,732	NEW	0.02%

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.