Chickasaw Capital Management LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Chickasaw Capital Management LLC, a prominent investment management firm, recently released its 13F report for the second and third quarters of 2023. The report provides valuable insights into the changes in the firm's holdings during this period. In this article, we will delve into the highlights of this report, analyzing the most significant shifts in investment strategy.

Targa Resources Corp (TRGP):

In Q3 2023, Chickasaw Capital Management reduced its holdings of Targa Resources Corp by approximately 82,903 shares, representing a change of -3.08%. Despite the decrease in shares, the value of the position increased by $18,312.

MPLX LP (MPLX):

Chickasaw Capital Management slightly increased its holdings of MPLX LP in Q3 2023, adding approximately 43,318 shares to its portfolio. This change reflects a minimal increase of 0.75%. The value of the position also saw a slight uptick, rising by $10,860.

Western Midstream Partners LP (WES):

A modest reduction in holdings can be observed for Western Midstream Partners LP in the Q3 2023 report. Chickasaw Capital Management sold approximately 12,699 shares, resulting in a decrease of -1.69%. However, the value of the position remained relatively stable, decreasing by $2,060.

Energy Transfer LP (ET):

Chickasaw Capital Management experienced a minor decrease in holdings of Energy Transfer LP during Q3 2023. The firm sold around 30,429 shares, translating to a change of -2.10%. The value of the position also declined by $9,567.

EnLink Midstream LLC (ENLC):

In the Q3 2023 report, Chickasaw Capital Management reduced its holdings of EnLink Midstream LLC by approximately 38,089 shares, representing a change of -2.56%. The value of the position saw a decrease of $10,348.

Enterprise Products Partners L (EPD):

Chickasaw Capital Management significantly increased its holdings of Enterprise Products Partners L in Q3 2023, adding approximately 859,431 shares to its portfolio. This change reflects a substantial increase of 18.18%. The value of the position also saw a notable rise, increasing by $27,937.

ONEOK Inc (OKE):

A significant increase in holdings can be observed for ONEOK Inc in the Q3 2023 report. Chickasaw Capital Management added approximately 1,830,268 shares, resulting in an impressive change of 711.12%. The value of the position also skyrocketed, increasing by $15,226.

Plains GP Holdings (PAGP):

In Q3 2023, Chickasaw Capital Management significantly increased its holdings of Plains GP Holdings, adding approximately 1,080,388 shares to its portfolio. This change reflects a remarkable increase of 211.07%. The value of the position rose by $7,990.

Plains All American Pipeline L (PAA):

Chickasaw Capital Management experienced a substantial increase in holdings of Plains All American Pipeline L during Q3 2023. The firm added around 977,831 shares, translating to a change of 197.59%. The value of the position also saw a significant increase of $5,936.

Cheniere Energy Inc (LNG):

Chickasaw Capital Management slightly increased its holdings of Cheniere Energy Inc in Q3 2023, adding approximately 278 shares to its portfolio. This change represents a minimal increase of 0.07%. The value of the position remained relatively stable, increasing by $20.

These are just a few of the notable changes in holdings reported by Chickasaw Capital Management in their Q2 2023 vs. Q3 2023 13F comparison. The firm's investment strategy seems to have focused on diversifying its portfolio, with both reductions and increases in holdings across various companies within the energy sector. These changes reflect the firm's efforts to adapt to market conditions and optimize its investment performance.

Please note that the information provided in this article is based solely on the analysis of Chickasaw Capital Management's 13F report and should not be considered as investment advice. It is always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.