TORTOISE CAPITAL ADVISORS, L.L.C.

Q1 2014 13F-HR Holdings

Location
Leawood, KS
Holdings as of
3/31/2014
Date filed
5/9/2014
Form type
13F-HR
Num holdings
109
Total value ($000)
$15,062,930
Net value change ($000)
+1,282,470 (9.3%)
New positions
10
Sold out positions
6
Turnover %
3.9%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
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)
SUNOCO LOGISTICS PRTNRS L P 181,250 24.5%
EnLink Midstream, LLC 177,230 NEW
PAA 170,853 17.7%
EPD 130,529 12.6%
WEP 118,425 11.7%
OKE 111,281 33.0%
BUCKEYE PARTNERS, L.P. 108,791 15.3%
SPECTRA ENERGY PARTNERS LP 102,860 27.1%
DCP Midstream, LP 83,716 23.3%
Western Midstream Operating, LP 71,475 16.0%
Top Reduces (Value $000, Stocks/ETFs)
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER -180,872 -68.0%
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER -168,797 -100.0%
EL PASO PIPELINE PARTNERS -138,197 -64.9%
CROSSTEX ENERGY L P -108,951 -100.0%
KMI -46,485 -91.2%
KINDER MORGAN MANAGE -40,085 -15.0%
SEA LTD FUNSPONSORED ADR 1 ADR REPS 1 ORD SHS -35,365 -8.9%
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN -18,501 -4.0%
Access Midstream Partners LP -16,320 -2.8%
APACHE CORP -15,130 -100.0%
Instrument mix + QoQ Δ (ex-options)
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type