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Tortoise Capital Advisors, L.L.C.

CIK:0001280965
Asset Manager
$10B AUM
55 holdings
Overland Park, KS, US
Founded:2002
68 employees
Latest filing:Jun 30, 2025

Tortoise Capital Advisors, L.L.C. is an Overland Park, Kansas-based registered investment adviser, founded in 2002, specializing in essential asset and energy infrastructure investments. The firm manages investments for institutions, individuals, and funds, focusing on listed and private investments primarily in the energy, essential assets, and sustainability sectors. Tortoise has a team of professionals providing asset management and advisory services.

Investment Strategy

Tortoise Capital Advisors focuses on investments in essential assets, particularly energy infrastructure and sustainability sectors. The firm generally employs a research-driven approach, targeting listed and private companies involved in vital service provision such as energy, water, and digital infrastructure. Their investment philosophy emphasizes long-term capital appreciation and income, with portfolios often constructed using a bottom-up fundamental analysis to select companies with stable cash flows, strong asset bases, and growth potential.

Top Buys
D
DTMDT Midstream Inc
+$128.9M
E
EVRGEVERGY INC COM
+$87.5M
E
ENBEnbridge Inc
+$54.3M
A
AMAntero Midstream Corporation
+$39.4M
N
NINisource Inc
+$24.0M
Top Sells
T
TRGPTarga Resources Corp.
-$332.2M
O
OKEONEOK Inc
-$292.8M
P
PAAPlains All American Pipeline L
-$75.5M
E
EPDEnterprise Products Partners L
-$65.4M
M
MPLXMPLX LP
-$55.1M

Top Holdings

W
WMBWILLIAMS COS INC COM
+8.9%$681.9M
M
MPLXMPLX LP
+8.9%$679.5M
E
ETEnergy Transfer LP
+8.8%$675.8M
L
LNGCheniere Energy Inc.
+8.7%$663.2M
T
TRGPTarga Resources Corp.
+6.5%$495.5M

Equity Positions (54)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
W
WMB
WILLIAMS COS INC COM8.90%$681.9M10,856,407$27.48$62.81+$4.2M
M
MPLX
MPLX LP8.86%$679.5M13,190,837$33.87$51.51-$55.1M
E
ET
Energy Transfer LP8.82%$675.8M37,275,081$13.38$18.13-$34.4M
L
LNG
Cheniere Energy Inc.8.65%$663.2M2,723,242$66.81$243.52-$27.5M
T
TRGP
Targa Resources Corp.6.46%$495.5M2,846,624$33.73$174.08-$332.2M

Industry Allocation

NATURAL GAS TRANSMISSION
+50.1%
PIPE LINES (NO NATURAL GAS)
+18.8%
NATURAL GAS DISTRIBUTION
+10.2%
NATURAL GAS TRANSMISISON & DISTRIBUTION
+5.5%
CRUDE PETROLEUM & NATURAL GAS
+4.6%