Fractal Investments
Glastonbury, CTfiles as Fractal Investments LLC
$867m in 80 US stocks at the end of 30 June 2026. The top 10 are 76.3% of the money. It changed about 5.9% of the portfolio this quarter.
Value
$867m
Stocks
80
Top 10 share
76.3%
Turnover
5.9%
What changed this quarter
New
Bought for the first time this quarter.
- Keysight TechnologiesKEYS0.1% of the fund
- RalliantRAL<0.1% of the fund
- Concentra Group Holdings ParentCON<0.1% of the fund
- Sphere EntertainmentSPHR<0.1% of the fund
- KirbyKEX<0.1% of the fund
- Fortrea HoldingsFTRE<0.1% of the fund
- VersigentVGNT<0.1% of the fund
- General ElectricGE<0.1% of the fund
- TransoceanRIG<0.1% of the fund
- GreifGEF<0.1% of the fund
Added
Bought more of a stock they already held.
- Energy Transfer L PET12.1% of the fund+14%
- Williams CompaniesWMB7.2% of the fund+3%
- Targa ResourcesTRGP6.0% of the fund+22%
- Sunoco Lp/sunoco FINSUN5.3% of the fund+11%
- TC EnergyTRP5.1% of the fund+3%
- Cheniere EnergyLNG2.1% of the fund+15%
- Antero MidstreamAM0.6% of the fund+23%
- Qnity ElectronicsQ0.4% of the fund+18%
- Solstice Advanced MaterialsSOLS0.3% of the fund+12%
- CaterpillarCAT0.2% of the fund+204%
- CraneCR0.2% of the fund+29%
- Everus Construction GroupECG0.1% of the fund+31%
Cut
Sold some of their stake.
- Mplx LPMPLX10.8% of the fund-19%
- Western Midstream Partners LWES7.7% of the fund-3%
- Hess Midstream LPHESM5.0% of the fund-2%
- SandiskSNDK0.9% of the fund-23%
Sold out
Sold their entire stake.
- GE HealthCare TechnologiesGEHC-100%
- NutrienNTR-100%
- EsabESAB-100%
- Spdr Gold TRGLD-100%
- IngredionINGR-100%
- Carrier GlobalCARR-100%
- APAAPA-100%
- Millrose PropertiesMRP-100%
- Coterra EnergyCTRA-100%
- ItronITRI-100%
- ICL GroupICL-100%
Holdings
- Energy Transfer L PET
- Share
- 12.1%
- Value
- $105m
- Shares
- 5,471,353
+14%
- Mplx LPMPLX
- Share
- 10.8%
- Value
- $94m
- Shares
- 1,668,116
-19%
- Plains ALL Amern Pipeline LPAA
- Share
- 9.3%
- Value
- $81m
- Shares
- 3,625,784
Held
- Western Midstream Partners LWES
- Share
- 7.7%
- Value
- $67m
- Shares
- 1,524,646
-3%
- Sunoco Lp/sunoco FINSUN
- Share
- 5.3%
- Value
- $46m
- Shares
- 682,002
+11%
- TC EnergyTRP
- Share
- 5.1%
- Value
- $44m
- Shares
- 670,000
+3%
- NGL Energy Partners LPNGL
- Share
- 1.5%
- Value
- $13m
- Shares
- 832,479
Held
- Cheniere Energy Partners L PCQP
- Share
- 1.4%
- Value
- $12m
- Shares
- 194,126
Held
- Global Partners LPGLP
- Share
- 1.0%
- Value
- $9m
- Shares
- 195,234
Held
- Genesis Energy L PGEL
- Share
- 0.6%
- Value
- $5m
- Shares
- 343,243
Held
- Westlake Chem Partners LPWLKP
- Share
- 0.2%
- Value
- $2m
- Shares
- 80,400
Held
- ShellSHEL
- Share
- 0.1%
- Value
- $898,534
- Shares
- 11,588
Held
- Suncor EnergySU
- Share
- 0.1%
- Value
- $880,352
- Shares
- 16,400
Held
- BHP Billiton LimitedBHP
- Share
- <0.1%
- Value
- $749,790
- Shares
- 9,000
Held
- Agnico Eagle MinesAEM
- Share
- <0.1%
- Value
- $746,020
- Shares
- 4,809
Held
- Barrick MiningB
- Share
- <0.1%
- Value
- $602,372
- Shares
- 16,400
Held
- Delek Logistics Partners LPDKL
- Share
- <0.1%
- Value
- $544,211
- Shares
- 10,559
Held
- Atrium TherapeuticsRNA
- Share
- <0.1%
- Value
- $269,000
- Shares
- 20,000
Held
- VersigentVGNT
- Share
- <0.1%
- Value
- $252,060
- Shares
- 6,000
New
- PAN American SilverPAAS
- Share
- <0.1%
- Value
- $249,346
- Shares
- 5,567
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Energy Transfer L PET | 12.1% | $105m | 5,471,353 | +14% |
| Mplx LPMPLX | 10.8% | $94m | 1,668,116 | -19% |
| Plains ALL Amern Pipeline LPAA | 9.3% | $81m | 3,625,784 | Held |
| Enterprise Products Partners L.P.EPD | 7.8% | $68m | 1,837,044 | Held |
| Western Midstream Partners LWES | 7.7% | $67m | 1,524,646 | -3% |
| Williams CompaniesWMB | 7.2% | $62m | 840,072 | +3% |
| Targa ResourcesTRGP | 6.0% | $52m | 193,089 | +22% |
| Sunoco Lp/sunoco FINSUN | 5.3% | $46m | 682,002 | +11% |
| TC EnergyTRP | 5.1% | $44m | 670,000 | +3% |
| Hess Midstream LPHESM | 5.0% | $44m | 1,160,420 | -2% |
| DT MidstreamDTM | 3.9% | $34m | 230,999 | Held |
| Kinder MorganKMI | 3.9% | $33m | 1,046,638 | Held |
| Cheniere EnergyLNG | 2.1% | $19m | 77,685 | +15% |
| OneokOKE | 1.6% | $14m | 156,630 | Held |
| NGL Energy Partners LPNGL | 1.5% | $13m | 832,479 | Held |
| Cheniere Energy Partners L PCQP | 1.4% | $12m | 194,126 | Held |
| Global Partners LPGLP | 1.0% | $9m | 195,234 | Held |
| SandiskSNDK | 0.9% | $8m | 3,400 | -23% |
| Antero MidstreamAM | 0.6% | $5m | 233,383 | +23% |
| Genesis Energy L PGEL | 0.6% | $5m | 343,243 | Held |
| GE VernovaGEV | 0.5% | $5m | 3,949 | Held |
| Suburban Propane Partners LPSPH | 0.4% | $4m | 214,864 | Held |
| EnbridgeENB | 0.4% | $4m | 67,500 | Held |
| Qnity ElectronicsQ | 0.4% | $3m | 20,000 | +18% |
| Solstice Advanced MaterialsSOLS | 0.3% | $2m | 28,100 | +12% |
| Westlake Chem Partners LPWLKP | 0.2% | $2m | 80,400 | Held |
| CaterpillarCAT | 0.2% | $1m | 1,342 | +204% |
| NewmontNEM | 0.2% | $1m | 15,218 | Held |
| CraneCR | 0.2% | $1m | 6,300 | +29% |
| Kinetik HoldingsKNTK | 0.2% | $1m | 27,502 | Held |
| ExxonMobil HoldingsXOM | 0.2% | $1m | 9,710 | Held |
| Summit MidstreamSMC | 0.1% | $1m | 45,000 | Held |
| PhiniaPHIN | 0.1% | $1m | 14,900 | Held |
| CF Industries HoldingsCF | 0.1% | $1m | 10,300 | Held |
| Everus Construction GroupECG | 0.1% | $1m | 6,400 | +31% |
| Freeport-McMoRanFCX | 0.1% | $947,627 | 15,068 | Held |
| ShellSHEL | 0.1% | $898,534 | 11,588 | Held |
| Suncor EnergySU | 0.1% | $880,352 | 16,400 | Held |
| Keysight TechnologiesKEYS | 0.1% | $875,175 | 2,500 | New |
| VeraltoVLTO | <0.1% | $780,384 | 8,800 | Held |
| Rio TintoRIO | <0.1% | $778,426 | 8,200 | Held |
| Southern CopperSCCO | <0.1% | $770,055 | 4,419 | Held |
| BHP Billiton LimitedBHP | <0.1% | $749,790 | 9,000 | Held |
| Agnico Eagle MinesAEM | <0.1% | $746,020 | 4,809 | Held |
| RalliantRAL | <0.1% | $736,300 | 10,000 | New |
| Parker-HannifinPH | <0.1% | $714,028 | 730 | Held |
| ChevronCVX | <0.1% | $696,192 | 4,200 | Held |
| Steel DynamicsSTLD | <0.1% | $618,165 | 2,694 | Held |
| Mueller IndustriesMLI | <0.1% | $605,553 | 4,926 | Held |
| Barrick MiningB | <0.1% | $602,372 | 16,400 | Held |
| Concentra Group Holdings ParentCON | <0.1% | $595,000 | 20,000 | New |
| Marathon PetroleumMPC | <0.1% | $585,740 | 2,291 | Held |
| NCR AtleosNATL | <0.1% | $551,307 | 12,700 | Held |
| Delek Logistics Partners LPDKL | <0.1% | $544,211 | 10,559 | Held |
| Liberty Live HoldingsLLYVK | <0.1% | $543,307 | 5,143 | Held |
| FortiveFTV | <0.1% | $513,156 | 8,400 | Held |
| Sphere EntertainmentSPHR | <0.1% | $501,787 | 2,900 | New |
| Constellation EnergyCEG | <0.1% | $493,014 | 1,985 | Held |
| ConocoPhillipsCOP | <0.1% | $466,988 | 4,492 | Held |
| ENI SPAE | <0.1% | $430,456 | 9,186 | Held |
| Imperial OilIMO | <0.1% | $415,594 | 3,710 | Held |
| Trane TechnologiesTT | <0.1% | $392,928 | 800 | Held |
| Commercial MetalsCMC | <0.1% | $389,050 | 6,200 | Held |
| RelianceRS | <0.1% | $373,600 | 1,000 | Held |
| Valero EnergyVLO | <0.1% | $354,198 | 1,360 | Held |
| PrologisPLD | <0.1% | $325,128 | 2,400 | Held |
| HF SinclairDINO | <0.1% | $320,390 | 4,600 | Held |
| KirbyKEX | <0.1% | $299,134 | 2,200 | New |
| Fortrea HoldingsFTRE | <0.1% | $295,800 | 17,000 | New |
| ArcelorMittalMT | <0.1% | $289,056 | 4,800 | Held |
| Atrium TherapeuticsRNA | <0.1% | $269,000 | 20,000 | Held |
| VersigentVGNT | <0.1% | $252,060 | 6,000 | New |
| PAN American SilverPAAS | <0.1% | $249,346 | 5,567 | Held |
| General ElectricGE | <0.1% | $246,662 | 660 | New |
| HalliburtonHAL | <0.1% | $244,440 | 7,200 | Held |
| TransoceanRIG | <0.1% | $234,720 | 48,000 | New |
| Baker HughesBKR | <0.1% | $216,450 | 3,900 | Held |
| GreifGEF | <0.1% | $208,572 | 2,800 | New |
| FTAI InfrastructureFIP | <0.1% | $153,120 | 33,000 | Held |
| GerdauGGB | <0.1% | $134,387 | 33,264 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 23.7% since 30 June 2025.
Where the money is
Energy31.4%
Utilities13.3%
Technology1.4%
Industrials1.4%
Materials1.3%
Retail & consumer0.8%
Health care0.1%
Real estate0.0%
Other50.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.