KAYNE ANDERSON CAPITAL ADVISORS LP

CIK

949615

Location

LOS ANGELES, CA

Portfolio Value

Mid $5,206,342,173

Diversification

Diversified

Filing Date

Global Rank

#503 / 8,232 ▲ 139

Top Industry

Oil & Gas Midstream 86.7%

3Y Alpha vs SPY

+5.9%

Period ended 2 months ago

Filed May 11, 2026 · 34d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+103.3%

SPY

+76.3%

Annualised alpha

+5.9%

Max drawdown

−16.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

47 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 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%