Chickasaw Capital Management LLC Q1 2023 vs. Q2 2023 13F

Holdings Comparison

Thе Q1 2023 and Q2 2023 13F holdings comparison for Chickasaw Capital Management LLC reveals interesting changes in the fund's portfolio. In this analysis, we will discuss the significant alterations in the holdings of various companies, revealing the fund's investment strategies and areas of focus.

Targa Resources Corp (TRGP):

Targa Resources Corp experienced a slight decrease in holdings, with 2,933,832 shares in Q1 2023 compared to 2,692,652 shares in Q2 2023. The value also dropped from $214,023,000 to $204,911,000, representing a 4.3% decrease.

Western Midstream Partners LP (WES):

Another company that saw a decrease in holdings was Western Midstream Partners LP. The fund held 8,044,777 shares in Q1 2023, which decreased to 7,523,599 shares in Q2 2023. The value also decreased from $212,141,000 to $199,526,000, indicating a 5.9% decrease.

MPLX LP (MPLX):

MPLX LP experienced a significant decrease in holdings as well. The fund held 6,147,793 shares in Q1 2023, which decreased to 5,742,784 shares in Q2 2023. The value also dropped from $211,791,000 to $194,910,000, marking an 8% decrease.

Energy Transfer LP (ET):

Energy Transfer LP witnessed a decrease in holdings as the fund held 15,658,145 shares in Q1 2023, which decreased to 14,469,678 shares in Q2 2023. The value dropped from $195,257,000 to $183,765,000, indicating a 5.9% decrease.

Magellan Midstream Partners LP (MMP):

Magellan Midstream Partners LP was one of the few companies that experienced an increase in holdings by Chickasaw Capital Management LLC. The fund held 2,829,759 shares in Q1 2023, which increased to 2,637,389 shares in Q2 2023. The value also increased from $153,543,000 to $164,362,000, marking a 7% increase.

EnLink Midstream LLC (ENLC):

EnLink Midstream LLC witnessed a slight decrease in holdings. The fund held 15,099,340 shares in Q1 2023, which decreased to 14,860,715 shares in Q2 2023. The value dropped from $163,677,000 to $157,524,000, representing a 3.8% decrease.

Enterprise Products Partners L (EPD):

Chickasaw Capital Management LLC reduced its holdings in Enterprise Products Partners L. The fund held 5,076,602 shares in Q1 2023, which decreased to 4,727,094 shares in Q2 2023. The value also decreased from $131,484,000 to $124,559,000, indicating a 5.3% decrease.

Plains GP Holdings (PAGP):

Plains GP Holdings, on the other hand, witnessed an increase in holdings. The fund held 5,562,442 shares in Q1 2023, which increased to 5,122,821 shares in Q2 2023. The value also increased from $72,979,000 to $75,971,000, marking a 4.1% increase.

Plains All American Pipeline L (PAA):

Plains All American Pipeline L experienced a similar increase in holdings. The fund held 5,382,261 shares in Q1 2023, which increased to 4,949,473 shares in Q2 2023. The value also increased from $67,117,000 to $69,788,000, indicating a 4% increase.

Cheniere Energy Inc (LNG):

Chickasaw Capital Management LLC reduced its holdings in Cheniere Energy Inc. The fund held 436,662 shares in Q1 2023, which decreased to 425,711 shares in Q2 2023. The value dropped from $68,818,000 to $64,861,000, representing a 5.7% decrease.

These changes in holdings signify the fund's active management approach, where they adjust their portfolio allocation based on market conditions and company performance. It is crucial to keep track of these changes to understand the investment strategies adopted by funds like Chickasaw Capital Management LLC.

Please note that the data mentioned in this article is representative of the mentioned comparison only and not reflective of the fund's entire portfolio.

In conclusion, Chickasaw Capital Management LLC's Q1 2023 vs. Q2 2023 13F holdings comparison shows both increases and decreases in holdings across various companies. This suggests a dynamic portfolio management strategy aimed at maximizing returns and adapting to market conditions.

Disclaimer: This article is for informational purposes only and should not be considered as financial advice. The mentioned data is based on publicly available information and may not represent the most up-to-date figures. Investors should conduct thorough research and consult with a professional advisor before making any investment decisions.