KAYNE ANDERSON CAPITAL ADVISORS LP

Registered adviser

CIK

949615

Location

LOS ANGELES, CA

Portfolio Value

Mid $5,097,668,675

Diversification

Diversified

Reports for

KA Fund Advisors LLC

Filing Date

Global Rank

#879 / 8,823 ▼ 109

Top Industry

Oil & Gas Midstream 86.1%

Period ended 4 months ago

Filed Aug 11, 2026 · 3mo

26 quarters · since Mar 2020

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 104536

Roster of Nov 1, 2026

Regulatory AUM

$14,287,185,225

Main clients

Pooled investment vehicles (91% of AUM)

Private funds

54 funds · Private equity funds

Focus by fund count, roster of Nov 1, 2026

$12,510,651,657 gross assets

LEI

5493001WLH6CGZOJVX22

Private funds on Schedule D 7.B.(1)

As filed Sep 4, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$28,451,533,000 gross assets in 85 funds Real estate funds $15,540,199,000 (29) Hedge funds $9,223,105,000 (29) Private equity funds $3,493,996,000 (26) Securitized asset funds $194,233,000 (1)

Form ADV history

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

Rosters	Regulatory AUM	Main clients
Nov 2026	$14,287,185,225	Pooled investment vehicles (91%)
Jun 2026 to Oct 2026	$34,109,306,018	Pooled investment vehicles (93%)
Apr 2026 to May 2026	$34,109,306,018	Pooled investment vehicles (93%)
Jun 2025 to Mar 2026	$30,458,732,567	Pooled investment vehicles (93%)
Apr 2025 to May 2025	$30,458,732,567	Pooled investment vehicles (93%)
Apr 2024 to Mar 2025	$31,722,176,000	Pooled investment vehicles (94%)

10 earlier changes not shown.

Schedule 13D/13G stakes

Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.

Company	Schedule	Event date	Filed	Shares	% of class	Change	Status
MNR Mach Natural Resources LP	13G/A	Apr 8, 2026	7mo	15,517,713	9.23%	-3,669,868 since Sep 16, 2025	Current

A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis.

Portfolio style

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

Style

Concentrated

The top 10 positions are 71.6% of the book (60%+)

Turnover

Low turnover

22.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 22.4 quarters (12+), a floor since 81.4% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 98.0%; sector active share 94.0% against the combined 13F book's sector weights.

Over time 26 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

53 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

9.8%

+0.4 pts

Top 5

43.7%

−0.7 pts

Top 10

71.6%

−3.8 pts

HHI

599

Diversified−39

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Energy	94.5%	$4,815,634,621	32
Utilities	4.8%	$246,871,744	12
Industrials	0.4%	$19,794,643	6
Unclassified	0.2%	$10,270,509	1
Financial Services	0.1%	$2,801,268	1
Technology	0.0%	$2,295,890	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
SUNC	SunocoCorp LLC	+602,448	819,337	$55,444,534
KGS	Kodiak Gas Services, Inc.	+506,016	1,128,985	$84,820,643
PBA	Pembina Pipeline Corp	+505,980	2,112,513	$97,703,725
GLP	Global Partners LP	+253,556	285,481	$13,300,559
LNG	Cheniere Energy, Inc.	+246,955	1,908,577	$456,168,988
TRGP	Targa Resources Corp.	+193,295	970,898	$260,336,589
PPL	PPL Corp	+77,760	277,802	$10,098,102
SWX	Southwest Gas Holdings, Inc.	+50,085	266,765	$23,656,719
MPC	Marathon Petroleum Corp	+46,537	206,525	$52,802,245
CNP	Centerpoint Energy Inc	+38,530	1,282,748	$56,492,221
WMB	Williams Companies, Inc.	+26,717	6,729,960	$500,305,225
AEP	American Electric Power Co Inc	+26,485	61,748	$8,447,743
EE	Excelerate Energy, Inc.	+18,042	664,577	$25,247,279
SRE	Sempra	+15,118	791,520	$73,381,818
IDA	Idacorp Inc	+10,588	49,090	$7,427,317
WES	Western Midstream Partners, LP	+10,106	3,928,197	$171,897,899
POWL	Powell Industries Inc	+6,433	9,572	$2,741,037
FSLR	First Solar, Inc.	+4,961	9,730	$2,295,890
CCJ	Cameco Corp	+3,075	37,214	$3,790,618
BWXT	BWX Technologies, Inc.	+137	8,536	$1,661,532
No positions match the current search.

Trimmed

Positions the filer reduced

21 positions

Ticker	Company	Δ Shares	Shares	Value
MNR	Mach Natural Resources LP	−3,442,321	15,517,713	$196,143,892
AM	Antero Midstream Corp	−2,056,049	2,192,659	$49,882,991
KMI	Kinder Morgan, Inc.	−1,643,135	9,310,932	$297,670,495
HESM	Hess Midstream LP	−1,099,530	411,563	$15,474,768
ENB	Enbridge Inc	−1,066,780	5,029,159	$272,630,708
MPLX	Mplx LP	−963,642	5,862,925	$330,258,564
TRP	Tc Energy Corp	−895,144	3,922,519	$260,023,784
ET	Energy Transfer LP	−416,091	24,166,229	$462,058,298
ETR	Entergy Corp	−218,034	384,367	$44,148,393
EPD	Enterprise Products Partners L.P.	−162,172	12,869,425	$473,080,062
NFG	National Fuel Gas Co	−46,559	59,763	$4,614,301
AROC	Archrock, Inc.	−31,580	964,888	$39,280,589
NRG	Nrg Energy, Inc.	−22,243	41,996	$6,133,935
VST	Vistra Corp.	−18,859	15,553	$2,467,172
PAA	Plains All American Pipeline LP	−8,834	6,191,802	$137,829,511
DTM	DT Midstream, Inc.	−5,650	644,326	$94,548,396
CEG	Constellation Energy Corp	−5,096	11,084	$2,752,933
TLN	Talen Energy Corp	−4,621	6,928	$2,662,153
GEV	GE Vernova Inc.	−1,028	5,845	$6,867,056
PWR	Quanta Services, Inc.	−1,007	7,362	$5,300,934
OKE	Oneok Inc	−212	3,864,249	$335,957,807
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
VG	Venture Global, Inc.	5,743,473	$63,924,854
OXY	Occidental Petroleum Corp	346,953	$16,851,506
BP	Bp PLC	441,511	$16,313,830
CVX	Chevron Corp	72,254	$11,976,822
D	Dominion Energy, Inc	134,767	$9,203,238
SUN	Sunoco LP	57,396	$3,874,230
L	Loews Corp	24,744	$2,801,268
PRIM	Primoris Services Corp	25,359	$2,513,584
EROC	ERock, Inc.	49,000	$710,500
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
KYN	Kayne Anderson Energy Infrastructure Fund, Inc.	808,748	$11,548,921
XEL	Xcel Energy Inc	97,379	$7,735,787
CTRI	Centuri Holdings, Inc.	98,861	$2,887,729
MWH	SOLV Energy, Inc.	45,674	$1,371,590
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 tracked positions · $5,097,668,675 total · filing declares 85 positions · $5,097,668,717 · as of Jun 30, 2026

All sectors Energy Financial Services Industrials Technology Utilities

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
WMB	Williams Companies, Inc. Energy	Added	6,729,960	+26,717	$500,305,225	+2.6%	26+	before history	9.81%
EPD	Enterprise Products Partners L.P. Energy	Reduced	12,869,425	-162,172	$473,080,062	−4.1%	26+	before history	9.28%
ET	Energy Transfer LP Energy	Reduced	24,166,229	-416,091	$462,058,298	−2.6%	26+	before history	9.06%
LNG	Cheniere Energy, Inc. Energy	Added	1,908,577	+246,955	$456,168,988	−3.3%	26+	before history	8.95%
OKE	Oneok Inc Energy	Reduced	3,864,249	-212	$335,957,807	−3.8%	26+	before history	6.59%
MPLX	Mplx LP Energy	Reduced	5,862,925	-963,642	$330,258,564	−15.2%	26+	before history	6.48%
KMI	Kinder Morgan, Inc. Energy	Reduced	9,310,932	-1,643,135	$297,670,495	−19.0%	26+	before history	5.84%
ENB	Enbridge Inc Energy	Reduced	5,029,159	-1,066,780	$272,630,708	−17.4%	26+	before history	5.35%
TRGP	Targa Resources Corp. Energy	Added	970,898	+193,295	$260,336,589	+33.5%	26+	before history	5.11%
TRP	Tc Energy Corp Energy	Reduced	3,922,519	-895,144	$260,023,784	−13.8%	26+	before history	5.10%
MNR	Mach Natural Resources LP Energy	Reduced	15,517,713	-3,442,321	$196,143,892	−26.1%	4	$14.25	3.85%
WES	Western Midstream Partners, LP Energy	Added	3,928,197	+10,106	$171,897,899	+6.6%	26+	before history	3.37%
PAA	Plains All American Pipeline LP Energy	Reduced	6,191,802	-8,834	$137,829,511	−0.5%	26+	before history	2.70%
PBA	Pembina Pipeline Corp Energy	Added	2,112,513	+505,980	$97,703,725	+35.9%	26+	before history	1.92%
DTM	DT Midstream, Inc. Energy	Reduced	644,326	-5,650	$94,548,396	+8.0%	20	$58.69	1.85%
KGS	Kodiak Gas Services, Inc. Energy	Added	1,128,985	+506,016	$84,820,643	+133.5%	11	$56.98	1.66%
SRE	Sempra Utilities	Added	791,520	+15,118	$73,381,818	−2.7%	26+	before history	1.44%
VG	Venture Global, Inc. Energy	NEW	5,743,473	NEW	$63,924,854	NEW	1	$12.65	1.25%
CNP	Centerpoint Energy Inc Utilities	Added	1,282,748	+38,530	$56,492,221	+5.2%	3	$39.11	1.11%
SUNC	SunocoCorp LLC Energy	Added	819,337	+602,448	$55,444,534	+314.7%	2	$63.17	1.09%
MPC	Marathon Petroleum Corp Energy	Added	206,525	+46,537	$52,802,245	+35.2%	2	$211.74	1.04%
AM	Antero Midstream Corp Energy	Reduced	2,192,659	-2,056,049	$49,882,991	−48.5%	13	$13.79	0.98%
ETR	Entergy Corp Utilities	Reduced	384,367	-218,034	$44,148,393	−34.8%	8	unpriced	0.87%
AROC	Archrock, Inc. Energy	Reduced	964,888	-31,580	$39,280,589	+13.3%	12	$25.41	0.77%
EE	Excelerate Energy, Inc. Energy	Added	664,577	+18,042	$25,247,279	+16.8%	5	$26.97	0.50%
SWX	Southwest Gas Holdings, Inc. Utilities	Added	266,765	+50,085	$23,656,719	+25.6%	2	$86.05	0.46%
OXY	Occidental Petroleum Corp Energy	NEW	346,953	NEW	$16,851,506	NEW	1	$56.78	0.33%
BP	Bp PLC Energy	NEW	441,511	NEW	$16,313,830	NEW	1	$43.88	0.32%
HESM	Hess Midstream LP Energy	Reduced	411,563	-1,099,530	$15,474,768	−73.7%	20	$33.88	0.30%
GLP	Global Partners LP Energy	Added	285,481	+253,556	$13,300,559	+889.6%	26+	before history	0.26%
CVX	Chevron Corp Energy	NEW	72,254	NEW	$11,976,822	NEW	1	$186.13	0.23%
KNRG		Held	399,553	0	$10,270,509	+1.1%	5	$25.49	0.20%
PPL	PPL Corp Utilities	Added	277,802	+77,760	$10,098,102	+32.1%	6	$35.31	0.20%
D	Dominion Energy, Inc Utilities	NEW	134,767	NEW	$9,203,238	NEW	1	$65.02	0.18%
AEP	American Electric Power Co Inc Utilities	Added	61,748	+26,485	$8,447,743	+82.8%	2	$127.96	0.17%
IDA	Idacorp Inc Utilities	Added	49,090	+10,588	$7,427,317	+34.9%	2	$138.63	0.15%
GEV	GE Vernova Inc. Industrials	Reduced	5,845	-1,028	$6,867,056	+14.5%	9	$191.54	0.13%
USAC	USA Compression Partners, LP Energy	Held	250,946	0	$6,622,464	−2.7%	2	$26.53	0.13%
NRG	Nrg Energy, Inc. Utilities	Reduced	41,996	-22,243	$6,133,935	−34.7%	6	$124.79	0.12%
PWR	Quanta Services, Inc. Industrials	Reduced	7,362	-1,007	$5,300,934	+15.4%	10	$281.88	0.10%
PAGP	Plains Gp Holdings LP Energy	Held	197,711	0	$4,798,445	−0.0%	26+	before history	0.09%
NFG	National Fuel Gas Co Energy	Reduced	59,763	-46,559	$4,614,301	−53.8%	5	$84.97	0.09%
SUN	Sunoco LP Energy	NEW	57,396	NEW	$3,874,230	NEW	1	$66.46	0.08%
CCJ	Cameco Corp Energy	Added	37,214	+3,075	$3,790,618	+2.2%	10	$78.35	0.07%
L	Loews Corp Financial Services	NEW	24,744	NEW	$2,801,268	NEW	1	$108.37	0.05%
CEG	Constellation Energy Corp Utilities	Reduced	11,084	-5,096	$2,752,933	−39.1%	2	$303.90	0.05%
POWL	Powell Industries Inc Industrials	Added	9,572	+6,433	$2,741,037	+61.4%	3	unpriced	0.05%
TLN	Talen Energy Corp Utilities	Reduced	6,928	-4,621	$2,662,153	−27.8%	7	$198.00	0.05%
PRIM	Primoris Services Corp Industrials	NEW	25,359	NEW	$2,513,584	NEW	1	$131.47	0.05%
VST	Vistra Corp. Utilities	Reduced	15,553	-18,859	$2,467,172	−52.3%	2	$161.86	0.05%

Showing the top 50 of 53 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.