TORTOISE CAPITAL ADVISORS L L C
Q2 2026 Form 13-F
OVERLAND PARK, KANSAS
CIK 0001280965
· CRD 123711
· SEC-registered investment adviser
Holdings reported by
Lee Financial Co since Q2 2020
, EXCHANGE TRADED CONCEPTS LLC since Q3 2025
Consolidated report · includes
1 manager
since Q4 2025
$9.8B Reported Value Total
TORTOISE CAPITAL ADVISORS, L.L.C. reports 344 total accounts under management (AUM). There are 344 discretionary accounts valued at $8,928,633,630, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
7 funds
· $279.6M gross asset value
Hedge Fund: $171.2M · Other: $108.4M
Source: Form ADV filed 2026-04-30
Reported value
$9.8B
Quarter over quarter
+1.0%
Holdings
91
Top-10 concentration
63.9%
Filing Structure
Reports holdings for
- EXCHANGE TRADED CONCEPTS LLC · File #028-19670 · since Q4 2025 · declared by one filing
- ECOFIN ADVISORS LTD · File #028-12086 · Q3 2021 – Q3 2024
- GUGGENHEIM FUNDS INVESTMENT ADVISORS LLC · File #028-11097 · Q3 2021 – Q4 2021 · declared by one filing
- Ecofin Advisors LLC (not a 13F filer in our records) · Q1 2021 – Q2 2021 · declared by one filing
- Ecofin Ltd. (not a 13F filer in our records) · Q1 2021 – Q2 2021 · declared by one filing
- Guggenheim (not a 13F filer in our records) · Q3 2020 – Q2 2021 · declared by one filing
- Guggenheim Funds Investment Advisors, LLC (not a 13F filer in our records) · Q3 2019 – Q1 2020 · declared by one filing
Holdings reported by
- Lee Financial Co · since Q2 2020 · declared by one filing
- EXCHANGE TRADED CONCEPTS LLC · since Q3 2025 · declared by one filing
- RWC Asset Management LLP · Q4 2024 – Q3 2025
Key People
Form ADV owners & control persons
Thomas Ibberson Florence
CHIEF EXECUTIVE OFFICER
Jeffrey Scott Kruske
CHIEF COMPLIANCE OFFICER, CHIEF LEGAL OFFICER, CHIEF OPERATING OFFICER
Joseph Paul Paonessa
CHIEF FINANCIAL OFFICER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
Loading 13F Metrics
Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 14, 2026 |
| Form | 13F-HR |
| Reported value | $9.8B |
| Positions | 91 |
| Change in reported value | +2.5% |
| New positions | 9 |
| Exited positions | 8 |
| Position turnover | 17.2% |
| Top-10 concentration | 63.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
91 | $9.8B |
|
Q1 2026 13F
Filed May 15, 2026
|
90 | $9.6B |
|
Q4 2025 13F
Filed Feb 17, 2026
|
84 | $7.9B |
|
Q3 2025 13F
Filed Nov 13, 2025
|
82 | $7.8B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
55 | $7.7B |
|
Q1 2025 13F
Filed May 14, 2025
|
51 | $8.3B |
|
Q4 2024 13F
Filed Feb 13, 2025
|
50 | $7.8B |
|
Q3 2024 13F
Filed Nov 13, 2024
|
84 | $7.8B |
|
Q2 2024 13F
Filed Aug 5, 2024
|
81 | $7.6B |
|
Q1 2024 13F
Filed May 10, 2024
|
84 | $7.2B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
97 | $6.5B |
|
Q3 2023 13F
Filed Nov 13, 2023
|
95 | $6.6B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
101 | $6.6B |
|
Q1 2023 13F
Filed May 11, 2023
|
103 | $6.7B |
|
Q4 2022 13F
Filed Feb 13, 2023
|
108 | $6.7B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
115 | $6.3B |
|
Q2 2022 13F
Filed Aug 10, 2022
|
130 | $6.4B |
|
Q1 2022 13F
Filed May 16, 2022
|
134 | $7.5B |
|
Q4 2021 13F
Filed Feb 14, 2022
|
128 | $6.6B |
|
Q3 2021 13F
Filed Nov 4, 2021
|
148 | $6.2B |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | TRGP Targa Resources Corp. | $946.4M | 9.62% |
| 2 | WMB WILLIAMS COS INC COM | $836.2M | 8.5% |
| 3 | ET Energy Transfer LP | $726.5M | 7.39% |
| 4 | LNG Cheniere Energy Inc. | $703.0M | 7.15% |
| 5 | EPD Enterprise Products Partners L | $685.1M | 6.96% |
| 6 | MPLX MPLX LP | $591.5M | 6.01% |
| 7 | OKE ONEOK Inc | $551.5M | 5.61% |
| 8 | TRP TC Energy Corp. | $483.5M | 4.92% |
| 9 | DTM DT Midstream Inc | $436.7M | 4.44% |
| 10 | ENB Enbridge Inc | $323.2M | 3.29% |
| 11 | PAAPU Plains All American Pipeline L | $302.8M | 3.08% |
| 12 | WES Western Midstream Partners LP | $284.7M | 2.89% |
| 13 | PAGP Plains GP Holdings, L.P. | $269.8M | 2.74% |
| 14 | AM Antero Midstream Corporation | $231.7M | 2.36% |
| 15 | PBA Pembina Pipeline Corp | $213.9M | 2.17% |
| 16 | HESM Hess Midstream LP | $159.3M | 1.62% |
| 17 | KMI Kinder Morgan Inc | $134.6M | 1.37% |
| 18 | ETR Entergy Corporation | $109.3M | 1.11% |
| 19 | VG Venture Global Inc | $106.4M | 1.08% |
| 20 | CEG CONSTELLATION ENERGY CORP COM | $84.5M | 0.86% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.