Uncovering Heronetta Management's Q3 to Q4 2022 Changes in 13F Holdings

Heronetta Management, L.P., a well-known investment company, recently released its Q3 2022 to Q4 2022 13F Holdings Comparison report, detailing the changes in holdings of its fund. This blog post will take a closer look at the report's summary and what it means for both the company and investors.

The report indicates that Heronetta Management, L.P. made significant changes in its stock investment in Q4 2022. While the company maintained its position in some companies, it significantly increased its holdings in others.

Enterprise Prods Partners L (EPD) recorded an increase from 755,080 shares in Q3 2022 to 788,630 shares in Q4 2022, with the value going up from $17,956,000 to $19,021,000 - a 5.9% change. MPLX LP (MPLX) and Energy Transfer L P (ET) also saw increases in their share value by 15.1% and 17.9%, respectively.

Magellan Midstream Prtnrs LP (MMP) and Williams Cos Inc (WMB) experienced an 11.6% and 24.3% increase in share value, respectively. Pembina Pipeline Corp (PPL.TO) also recorded a 19.1% increase in value, while Canadian Natl Ry Co (CNR.TO) and Canadian Nat Res Ltd (CNQ.TO) experienced a 7.8% and 16.9% increase, respectively.

Algonquin Pwr Utils Corp (AQN.TO) experienced a significant decline from 255,000 shares in Q3 2022 to 162,000 shares in Q4 2022, with the value going down from $3,848,000 to $1,428,000 - a 62.9% change. Equitrans Midstream Corp (ETRN) fell from 19,032 shares in Q3 2022 to zero in Q4 2022, while Cheniere Energy Partners LP (CQP) recorded an increase from zero shares in Q3 2022 to 5,810 shares in Q4 2022, with a value of $330,000.

Targa Res Corp (TRGP) increased from zero shares in Q3 2022 to 9,575 shares in Q4 2022, and Plains All Amern Pipeline L (PAA) increased from 50,600 shares in Q3 2022 to 50,600 shares in Q4 2022, but this time with a value of $595,000.

In summary, Heronetta Management, L.P. made both gains and losses in their holdings in Q4 2022, indicating the company's constant search for positive results. It's worth noting that the company significantly increased its holdings in Energy Transfer L P (ET), and also increased holdings in other companies such as Enterprise Prods Partners L (EPD), MPLX LP (MPLX), and Williams Cos Inc (WMB). Additionally, while the company recorded a significant decrease in shares of Algonquin Pwr Utils Corp (AQN.TO), it shows that Heronetta Management, L.P. isn't afraid to pull out of losing positions.

As always, investors should carefully consider Heronetta Management, L.P.'s report and weigh the potential gains and losses of investing in the companies listed. Understanding the changes in 13F holdings is essential, and keeping a keen eye on these changes can help investors make informed decisions.