INFRASTRUCTURE CAPITAL ADVISORS, LLC
Long book
$1.07B
Q1 2026
Positions
144
Top-10 weight
54%
concentration
Last quarter
+6.8%
SPY +14.8%
Turnover
28%
of book per quarter
Strategy in plain words
auto-generated from filingsINFRASTRUCTURE CAPITAL ADVISORS, LLC is a diversified fundamental manager, running a $1.07B US long book across 144 positions.
The portfolio is concentrated: the top 10 names carry 54% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ENERGY TRANSFER LP, PLAINS ALL AMER PIPELINE LP, SUNOCO LP, MPLX LP, ENTERPRISE PRODUCTS PARTNERS.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.6%
Q2 2024
+2.9%
Q3 2024
+6.7%
Q4 2024
+7.7%
Q1 2025
-1.9%
Q2 2025
-0.1%
Q3 2025
+2.2%
Q4 2025
+11.2%
Q1 2026
+6.8%
Sector allocation
Utilities 38%
Energy 24%
Other 11%
Financials 8%
Real estate 7%
Materials 4%
Industrials 3%
Technology 2%
Long book by quarter
What does INFRASTRUCTURE CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ET ENERGY TRANSFER LP | Utilities | 4.2M | $81.9M | 7.7% | +40.2% |
| PAA PLAINS ALL AMER PIPELINE LP | Energy | 3.1M | $69.0M | 6.5% | +4.4% |
| SUN SUNOCO LP | Energy | 972.9K | $63.2M | 5.9% | +34.1% |
| MPLX MPLX LP | Energy | 1.1M | $61.0M | 5.7% | +2.9% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 1.5M | $58.6M | 5.5% | +15.5% |
| ET ENERGY TRANSFER LP | Utilities | 5.0M | $58.0M | 5.4% | New |
| WES WESTERN MIDSTREAM PARTNERS L | Utilities | 1.2M | $50.8M | 4.8% | +6.7% |
| RLJ RLJ LODGING TRUST | Real estate | 1.9M | $46.2M | 4.3% | +8.1% |
| KKR KKR & CO INC | Financials | 1.1M | $43.8M | 4.1% | -2.4% |
| FLG 6 11/01/51 FLAGSTAR BANK NA | — | 1.1M | $43.0M | 4.0% | +5.4% |
| APO 6.75 07/31/26 APOLLO GLOBAL MANAGEMENT | — | 676.3K | $39.5M | 3.7% | -12.9% |
| ALB ALBEMARLE CORP | Materials | 526.2K | $37.8M | 3.5% | +1064.7% |
| HESM HESS MIDSTREAM LP - CLASS A | Energy | 668.7K | $26.0M | 2.4% | -51.6% |
| TRGP TARGA RESOURCES CORP | Utilities | 93.6K | $23.5M | 2.2% | +4.6% |
| LNG CHENIERE ENERGY INC | Utilities | 82.2K | $23.3M | 2.2% | -31.0% |
| WMB WILLIAMS COS INC | Utilities | 302.1K | $22.0M | 2.1% | +12.1% |
| KMI KINDER MORGAN INC | Utilities | 554.4K | $18.6M | 1.7% | -9.3% |
| PEB PEBBLEBROOK HOTEL TRUST | Real estate | 933.3K | $18.0M | 1.7% | +10.0% |
| ARES ARES MANAGEMENT CORP | Financials | 465.2K | $16.8M | 1.6% | +33.0% |
| GTLS CHART INDUSTRIES INC | Industrials | 73.2K | $15.1M | 1.4% | +9.9% |
| CQP CHENIERE ENERGY PARTNERS LP | Utilities | 226.6K | $14.6M | 1.4% | +43.3% |
| GEL GENESIS ENERGY L.P. | Energy | 631.9K | $11.3M | 1.1% | +2.4% |
| MSTR 8 PERP STRATEGY INC | — | 153.0K | $10.8M | 1.0% | +9.9% |
| USAC USA COMPRESSION PARTNERS LP | Utilities | 314.7K | $8.5M | 0.8% | +2.4% |
| OKE ONEOK INC | Utilities | 91.2K | $8.2M | 0.8% | -36.3% |
| DKL DELEK LOGISTICS PARTNERS LP | Energy | 156.5K | $7.8M | 0.7% | +2.4% |
| BA 6 10/15/27 BOEING CO/THE | — | 120.5K | $7.7M | 0.7% | -70.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 32.4K | $6.8M | 0.6% | +92.1% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 61.8K | $6.1M | 0.6% | +14.1% |
| RPT V9.875 PERP RITHM PROPERTY TRUST | — | 245.2K | $6.1M | 0.6% | New |
| MPC MARATHON PETROLEUM CORP | Energy | 24.6K | $6.0M | 0.6% | -12.3% |
| TRP TC ENERGY CORP | Utilities | 91.3K | $5.7M | 0.5% | +265.0% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 82.2K | $4.9M | 0.5% | +83.8% |
| HPE 7.625 09/01/27 HP ENTERPRISE CO | — | 73.2K | $4.7M | 0.4% | +10.1% |
| GLP GLOBAL PARTNERS LP | Consumer discretionary | 110.2K | $4.6M | 0.4% | +2.3% |
| CELH CELSIUS HOLDINGS INC | Consumer staples | 122.5K | $4.3M | 0.4% | +94.8% |
| TOL TOLL BROTHERS INC | Industrials | 31.2K | $4.3M | 0.4% | New |
| KKR KKR & CO INC | Financials | 42.5K | $3.9M | 0.4% | +25.1% |
| PEB PEBBLEBROOK HOTEL TRUST | Real estate | 200.4K | $3.9M | 0.4% | +13.4% |
| NEE NEXTERA ENERGY INC | Utilities | 39.9K | $3.7M | 0.3% | +13.9% |
| WHR 8.5 02/15/29 A WHIRLPOOL CORP | — | 90.1K | $3.7M | 0.3% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 4.1K | $3.5M | 0.3% | +409.5% |
| NEE NEXTERA ENERGY INC | Utilities | 67.9K | $3.4M | 0.3% | New |
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 29.9K | $3.3M | 0.3% | +23.6% |
| EPR EPR PROPERTIES | Real estate | 100.1K | $3.0M | 0.3% | -17.6% |
| ORCL ORACLE CORP | Technology | 65.7K | $2.9M | 0.3% | New |
| LEN LENNAR CORP-A | Industrials | 32.9K | $2.9M | 0.3% | New |
| META META PLATFORMS INC-CLASS A | Technology | 4.8K | $2.8M | 0.3% | -7.9% |
| LXP LXP INDUSTRIAL TRUST | Real estate | 59.0K | $2.7M | 0.3% | +9.9% |
| PSX PHILLIPS 66 | Energy | 14.9K | $2.7M | 0.3% | -66.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 164 | $1.44B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 161 | $1.03B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 152 | $1.00B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 142 | $1.28B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 136 | $1.36B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 138 | $1.43B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 143 | $740.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 107 | $774.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 112 | $787.2M | canonical | SEC ↗ |
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