Kayne Anderson Capital Advisors LP

LOS ANGELES, CA

$5.1bn in 53 US stocks at the end of 30 June 2026. The top 10 are 71.6% of the money. It changed about 8.3% of the portfolio this quarter.

Value

$5.1bn

Stocks

Top 10 share

71.6%

Turnover

8.3%

What changed this quarter

New

Bought for the first time this quarter.

Venture GlobalVG
1.3% of the fund
Occidental PetroleumOXY
0.3% of the fund
BPBP
0.3% of the fund
ChevronCVX
0.2% of the fund
Dominion EnergyD
0.2% of the fund
Sunoco Lp/sunoco FINSUN
<0.1% of the fund
LoewsL
<0.1% of the fund
Primoris ServicesPRIM
<0.1% of the fund
ERockEROC
<0.1% of the fund

Added

Bought more of a stock they already held.

Cheniere EnergyLNG
8.9% of the fund
+15%
Targa ResourcesTRGP
5.1% of the fund
+25%
Pembina PipelinePBA
1.9% of the fund
+32%
Kodiak Gas ServicesKGS
1.7% of the fund
+81%
Centerpoint EnergyCNP
1.1% of the fund
+3%
SunococorpSUNC
1.1% of the fund
+278%
Marathon PetroleumMPC
1.0% of the fund
+29%
Excelerate EnergyEE
0.5% of the fund
+3%
Southwest Gas HoldingsSWX
0.5% of the fund
+23%
Global Partners LPGLP
0.3% of the fund
+794%
PPLPPL
0.2% of the fund
+39%
American Electric PowerAEP
0.2% of the fund
+75%
IdacorpIDA
0.1% of the fund
+28%
CamecoCCJ
<0.1% of the fund
+9%
First SolarFSLR
<0.1% of the fund
+104%

Cut

Sold some of their stake.

Mplx LPMPLX
6.5% of the fund
-14%
Kinder MorganKMI
5.8% of the fund
-15%
EnbridgeENB
5.3% of the fund
-18%
TC EnergyTRP
5.1% of the fund
-19%
Mach Natural Resources LPMNR
3.8% of the fund
-18%
Antero MidstreamAM
1.0% of the fund
-48%
EntergyETR
0.9% of the fund
-36%
ArchrockAROC
0.8% of the fund
-3%
Hess Midstream LPHESM
0.3% of the fund
-73%
GE VernovaGEV
0.1% of the fund
-15%
NRG EnergyNRG
0.1% of the fund
-35%
Quanta ServicesPWR
0.1% of the fund
-12%
National Fuel GasNFG
<0.1% of the fund
-44%
Constellation EnergyCEG
<0.1% of the fund
-32%
Talen EnergyTLN
<0.1% of the fund
-40%
VistraVST
<0.1% of the fund
-55%

Sold out

Sold their entire stake.

Kayne Anderson Energy Infrastructure FundKYN
-100%
Xcel EnergyXEL
-100%
Centuri HoldingsCTRI
-100%
SOLV EnergyMWH
-100%

Holdings

Williams CompaniesWMB
Share
9.8%
Value
$500m
Shares
6,729,960
Held
Enterprise Products Partners L.P.EPD
Share
9.3%
Value
$473m
Shares
12,869,425
Held
Energy Transfer L PET
Share
9.1%
Value
$462m
Shares
24,166,229
Held
Cheniere EnergyLNG
Share
8.9%
Value
$456m
Shares
1,908,577
+15%
OneokOKE
Share
6.6%
Value
$336m
Shares
3,864,249
Held
Mplx LPMPLX
Share
6.5%
Value
$330m
Shares
5,862,925
-14%
Kinder MorganKMI
Share
5.8%
Value
$298m
Shares
9,310,932
-15%
EnbridgeENB
Share
5.3%
Value
$273m
Shares
5,029,159
-18%
Targa ResourcesTRGP
Share
5.1%
Value
$260m
Shares
970,898
+25%
TC EnergyTRP
Share
5.1%
Value
$260m
Shares
3,922,519
-19%
Mach Natural Resources LPMNR
Share
3.8%
Value
$196m
Shares
15,517,713
-18%
Western Midstream Partners LWES
Share
3.4%
Value
$172m
Shares
3,928,197
Held
Plains ALL Amern Pipeline LPAA
Share
2.7%
Value
$138m
Shares
6,191,802
Held
Pembina PipelinePBA
Share
1.9%
Value
$98m
Shares
2,112,513
+32%
DT MidstreamDTM
Share
1.9%
Value
$95m
Shares
644,326
Held
Kodiak Gas ServicesKGS
Share
1.7%
Value
$85m
Shares
1,128,985
+81%
SempraSRE
Share
1.4%
Value
$73m
Shares
791,520
Held
Venture GlobalVG
Share
1.3%
Value
$64m
Shares
5,743,473
New
Centerpoint EnergyCNP
Share
1.1%
Value
$56m
Shares
1,282,748
+3%
SunococorpSUNC
Share
1.1%
Value
$55m
Shares
819,337
+278%
Marathon PetroleumMPC
Share
1.0%
Value
$53m
Shares
206,525
+29%
Antero MidstreamAM
Share
1.0%
Value
$50m
Shares
2,192,659
-48%
EntergyETR
Share
0.9%
Value
$44m
Shares
384,367
-36%
ArchrockAROC
Share
0.8%
Value
$39m
Shares
964,888
-3%
Excelerate EnergyEE
Share
0.5%
Value
$25m
Shares
664,577
+3%
Southwest Gas HoldingsSWX
Share
0.5%
Value
$24m
Shares
266,765
+23%
Occidental PetroleumOXY
Share
0.3%
Value
$17m
Shares
346,953
New
BPBP
Share
0.3%
Value
$16m
Shares
441,511
New
Hess Midstream LPHESM
Share
0.3%
Value
$15m
Shares
411,563
-73%
Global Partners LPGLP
Share
0.3%
Value
$13m
Shares
285,481
+794%
ChevronCVX
Share
0.2%
Value
$12m
Shares
72,254
New
Simplify Exchange Traded FUNKNRG
Share
0.2%
Value
$10m
Shares
399,553
Held
PPLPPL
Share
0.2%
Value
$10m
Shares
277,802
+39%
Dominion EnergyD
Share
0.2%
Value
$9m
Shares
134,767
New
American Electric PowerAEP
Share
0.2%
Value
$8m
Shares
61,748
+75%
IdacorpIDA
Share
0.1%
Value
$7m
Shares
49,090
+28%
GE VernovaGEV
Share
0.1%
Value
$7m
Shares
5,845
-15%
USA Compression Partners LPUSAC
Share
0.1%
Value
$7m
Shares
250,946
Held
NRG EnergyNRG
Share
0.1%
Value
$6m
Shares
41,996
-35%
Quanta ServicesPWR
Share
0.1%
Value
$5m
Shares
7,362
-12%
Plains GP Holdings LPPAGP
Share
<0.1%
Value
$5m
Shares
197,711
Held
National Fuel GasNFG
Share
<0.1%
Value
$5m
Shares
59,763
-44%
Sunoco Lp/sunoco FINSUN
Share
<0.1%
Value
$4m
Shares
57,396
New
CamecoCCJ
Share
<0.1%
Value
$4m
Shares
37,214
+9%
LoewsL
Share
<0.1%
Value
$3m
Shares
24,744
New
Constellation EnergyCEG
Share
<0.1%
Value
$3m
Shares
11,084
-32%
Powell IndustriesPOWL
Share
<0.1%
Value
$3m
Shares
9,572
Held
Talen EnergyTLN
Share
<0.1%
Value
$3m
Shares
6,928
-40%
Primoris ServicesPRIM
Share
<0.1%
Value
$3m
Shares
25,359
New
VistraVST
Share
<0.1%
Value
$2m
Shares
15,553
-55%
First SolarFSLR
Share
<0.1%
Value
$2m
Shares
9,730
+104%
BWX TechnologiesBWXT
Share
<0.1%
Value
$2m
Shares
8,536
Held
ERockEROC
Share
<0.1%
Value
$710,500
Shares
49,000
New

Company	Share of fund	Value	Shares	Change
Williams CompaniesWMB	9.8%	$500m	6,729,960	Held
Enterprise Products Partners L.P.EPD	9.3%	$473m	12,869,425	Held
Energy Transfer L PET	9.1%	$462m	24,166,229	Held
Cheniere EnergyLNG	8.9%	$456m	1,908,577	+15%
OneokOKE	6.6%	$336m	3,864,249	Held
Mplx LPMPLX	6.5%	$330m	5,862,925	-14%
Kinder MorganKMI	5.8%	$298m	9,310,932	-15%
EnbridgeENB	5.3%	$273m	5,029,159	-18%
Targa ResourcesTRGP	5.1%	$260m	970,898	+25%
TC EnergyTRP	5.1%	$260m	3,922,519	-19%
Mach Natural Resources LPMNR	3.8%	$196m	15,517,713	-18%
Western Midstream Partners LWES	3.4%	$172m	3,928,197	Held
Plains ALL Amern Pipeline LPAA	2.7%	$138m	6,191,802	Held
Pembina PipelinePBA	1.9%	$98m	2,112,513	+32%
DT MidstreamDTM	1.9%	$95m	644,326	Held
Kodiak Gas ServicesKGS	1.7%	$85m	1,128,985	+81%
SempraSRE	1.4%	$73m	791,520	Held
Venture GlobalVG	1.3%	$64m	5,743,473	New
Centerpoint EnergyCNP	1.1%	$56m	1,282,748	+3%
SunococorpSUNC	1.1%	$55m	819,337	+278%
Marathon PetroleumMPC	1.0%	$53m	206,525	+29%
Antero MidstreamAM	1.0%	$50m	2,192,659	-48%
EntergyETR	0.9%	$44m	384,367	-36%
ArchrockAROC	0.8%	$39m	964,888	-3%
Excelerate EnergyEE	0.5%	$25m	664,577	+3%
Southwest Gas HoldingsSWX	0.5%	$24m	266,765	+23%
Occidental PetroleumOXY	0.3%	$17m	346,953	New
BPBP	0.3%	$16m	441,511	New
Hess Midstream LPHESM	0.3%	$15m	411,563	-73%
Global Partners LPGLP	0.3%	$13m	285,481	+794%
ChevronCVX	0.2%	$12m	72,254	New
Simplify Exchange Traded FUNKNRG	0.2%	$10m	399,553	Held
PPLPPL	0.2%	$10m	277,802	+39%
Dominion EnergyD	0.2%	$9m	134,767	New
American Electric PowerAEP	0.2%	$8m	61,748	+75%
IdacorpIDA	0.1%	$7m	49,090	+28%
GE VernovaGEV	0.1%	$7m	5,845	-15%
USA Compression Partners LPUSAC	0.1%	$7m	250,946	Held
NRG EnergyNRG	0.1%	$6m	41,996	-35%
Quanta ServicesPWR	0.1%	$5m	7,362	-12%
Plains GP Holdings LPPAGP	<0.1%	$5m	197,711	Held
National Fuel GasNFG	<0.1%	$5m	59,763	-44%
Sunoco Lp/sunoco FINSUN	<0.1%	$4m	57,396	New
CamecoCCJ	<0.1%	$4m	37,214	+9%
LoewsL	<0.1%	$3m	24,744	New
Constellation EnergyCEG	<0.1%	$3m	11,084	-32%
Powell IndustriesPOWL	<0.1%	$3m	9,572	Held
Talen EnergyTLN	<0.1%	$3m	6,928	-40%
Primoris ServicesPRIM	<0.1%	$3m	25,359	New
VistraVST	<0.1%	$2m	15,553	-55%
First SolarFSLR	<0.1%	$2m	9,730	+104%
BWX TechnologiesBWXT	<0.1%	$2m	8,536	Held
ERockEROC	<0.1%	$710,500	49,000	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 18.5% since 30 June 2025.

Where the money is

Energy48.7%

Utilities23.5%

Industrials0.3%

Technology0.1%

Materials0.1%

Financial services0.1%

Other27.2%

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.