INFRASTRUCTURE CAPITAL ADVISORS, LLC

Q4 2025 13F-HR Detailed Holdings

Location

New York, NY

Holdings as of

12/31/2025

Date filed

2/17/2026

Form type

13F-HR

Num holdings

161

Total value ($000)

$1,034,060

Net value change ($000)

+30,108 (3.0%)

New positions

Sold out positions

Turnover %

8.1%

Sector allocation + QoQ delta (equities-only)

Holdings broken out by other managers reported in the original SEC filing. View aggregated holdings

You are on the SEC detailed breakdown page. Rows are shown as reported in the filing (including other manager, discretion, and voting authority fields), and are not merged like the standard holdings view. Switch to aggregated holdings.

Snapshot: Change Analysis

Compared to Q3 2025

Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.

Top Adds (Value $000, Stocks/ETFs)

APO	19,935	51.5%
KKR	17,909	44.8%
GTLS	13,733	NEW
MSTR	10,964	NEW
KNTK	9,323	NEW
BA	8,131	39.8%
ARES	7,404	72.5%
WES	6,545	16.7%
MPC	4,561	NEW
SUN	4,155	12.3%

Top Reduces (Value $000, Stocks/ETFs)

GTLS	-12,241	-100.0%
RPT	-5,509	-100.0%
CQP	-3,380	-28.5%
EPR	-3,203	-46.8%
LNG	-3,191	-12.1%
MPLX	-2,382	-4.1%
ET	-2,292	-4.4%
GS	-1,807	-71.6%
AVGO	-1,561	-62.3%
KO	-1,533	-78.8%

Instrument mix + QoQ Δ (ex-options)

Derivatives reported exposure ($000): 125,902 (12.2% of total reported value)

How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.

Filter:

Instrument:

Issuer Name	Ticker	Sector	Industry	Class	History	Value ($000)	%	Shares	Shares Δ	Shares Δ%	Value Δ ($000)	Value Δ%	Principal	Option Type	Discretion	Other Manager	Sole	Shared	None

Other Managers

Num	Name	File Number
1	Virtus Investment Advisers, LLC	028-00085