CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT
Q3 2025 13F-HR Holdings
Net value change ($000)
+35,328
(2.0%)
New positions
5
Sold out positions
6
Turnover %
3.9%
Sector allocation + QoQ delta (equities-only)
Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown
Snapshot: Change Analysis
Compared to Q2 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)
| TLN | 14,226 | 46.2% |
| TRP | 13,285 | 21.8% |
| NRG | 12,894 | 110.0% |
| GEV | 11,814 | 69.8% |
| ENB | 11,642 | 85.2% |
| ET | 10,690 | 8.2% |
| VNOM | 10,663 | NEW |
| EIX | 10,503 | NEW |
| KNTK | 7,929 | 23.1% |
| CRWD | 7,714 | 216.4% |
Top Reduces (Value $000, Stocks/ETFs)
| OKE | -26,652 | -24.6% |
| CWEN | -12,800 | -100.0% |
| Aris Water Solutions, Inc. | -10,643 | -100.0% |
| VNOM Sub, Inc. | -9,685 | -100.0% |
| HESM | -8,406 | -9.5% |
| LNG | -6,066 | -5.4% |
| DTM | -5,444 | -6.6% |
| NEE | -5,345 | -100.0% |
| PAGP | -3,450 | -5.0% |
| RSG | -2,713 | -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.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|