Heronetta Management, L.P. Q3 2023 vs. Q4 2023 13F Holdings Comparison

According to the latest 13F filings, Heronetta Management, L.P. has made some notable changes to its portfolio holdings in the third and fourth quarters of 2023. These changes reflect the ongoing shifts in the investment landscape and provide valuable insights into the fund's strategies and preferences.

Here's a summary of the changes in Heronetta Management's holdings:

1. Enterprise Prods Partners L (EPD):

- Q3 2023 (SHARES): 616,348

- Q4 2023 (SHARES): 641,348

- Q3 2023 VALUE ($000): $16,869

- Q4 2023 VALUE ($000): $16,899

- Chg %: 0.2%

2. MPLX LP (MPLX):

- Q3 2023 (SHARES): 337,864

- Q4 2023 (SHARES): 362,264

- Q3 2023 VALUE ($000): $12,017

- Q4 2023 VALUE ($000): $13,302

- Chg %: 10.7%

3. Energy Transfer L P (ET):

- Q3 2023 (SHARES): 843,054

- Q4 2023 (SHARES): 907,154

- Q3 2023 VALUE ($000): $11,828

- Q4 2023 VALUE ($000): $12,518

- Chg %: 5.8%

4. ONEOK Inc New (OKE):

- Q3 2023 (SHARES): 190,652

- Q4 2023 (SHARES): 156,652

- Q3 2023 VALUE ($000): $12,093

- Q4 2023 VALUE ($000): $11,000

- Chg %: -9.0%

5. Williams Cos Inc (WMB):

- Q3 2023 (SHARES): 277,377

- Q4 2023 (SHARES): 277,377

- Q3 2023 VALUE ($000): $9,344

- Q4 2023 VALUE ($000): $9,661

- Chg %: 3.4%

6. Canadian Nat Res Ltd (CNQ.TO):

- Q3 2023 (SHARES): 105,000

- Q4 2023 (SHARES): 104,800

- Q3 2023 VALUE ($000): $9,223

- Q4 2023 VALUE ($000): $9,097

- Chg %: -1.4%

7. Canadian Pacific Kansas City (CP.TO):

- Q3 2023 (SHARES): 86,300

- Q4 2023 (SHARES): 86,300

- Q3 2023 VALUE ($000): $8,712

- Q4 2023 VALUE ($000): $9,047

- Chg %: 3.8%

8. Enbridge Inc (ENB.TO):

- Q3 2023 (SHARES): 181,190

- Q4 2023 (SHARES): 185,374

- Q3 2023 VALUE ($000): $7,989

- Q4 2023 VALUE ($000): $8,671

- Chg %: 8.5%

9. Canadian Natl Ry Co (CNR.TO):

- Q3 2023 (SHARES): 52,000

- Q4 2023 (SHARES): 52,000

- Q3 2023 VALUE ($000): $7,648

- Q4 2023 VALUE ($000): $8,660

- Chg %: 13.2%

10. Pembina Pipeline Corp (PPL.TO):

- Q3 2023 (SHARES): 191,698

- Q4 2023 (SHARES): 191,698

- Q3 2023 VALUE ($000): $7,638

- Q4 2023 VALUE ($000): $8,547

- Chg %: 11.9%

These are just a few selected changes from Heronetta Management's extensive portfolio. It's clear that the fund has been actively adjusting its holdings, aiming to optimize returns and align its investments with evolving market trends. However, it's important to note that these changes may not represent a complete picture of the fund's investment decisions, as 13F filings only capture certain categories of securities and have certain reporting limitations.

As an investor, it can be insightful to review these 13F filings to gain some perspective on the strategies employed by prominent funds like Heronetta Management, L.P. However, it's crucial to conduct thorough research and analysis before making any investment decisions.