Heronetta Management, L.P.
Portfolio value QoQ: -0.6% 13F does not disclose cash
Top 10 holdings weight96.55%
Top 25 holdings weight100.00%
Positions above 1%10
Effective number of positions7.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.31% Est. buys $334,614 · sells $375,500
Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 60.0% still held
New positions0
Increased1
Decreased0
Closed1
Portfolio value
$108.9M
Positions
15
As of
June 30, 2026 Data as of Q2 2026
Sector breakdown
Full portfolio 15 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| WMB | $18,689,225 | 17.16% | 251,402 | $392,187 | |||
| MPLX | $18,253,117 | 16.76% | 324,039 | $-239,789 | |||
| EPD | $18,197,964 | 16.71% | 495,048 | $-534,652 | |||
| ET | $15,281,258 | 14.03% | 799,229 | $-143,862 | |||
| OKE | $12,241,326 | 11.24% | 140,802 | $-485,767 | |||
| WES | $9,030,357 | 8.29% | 206,361 | $534,475 | |||
| PAGP | $4,393,477 | 4.03% | 181,025 | $-1,810 | |||
| HESM | $3,478,188 | 3.19% | 92,505 | $-117,481 | |||
| KMI | $2,836,538 | 2.60% | 88,725 | $-138,411 | |||
| TRGP | $2,773,104 | 2.55% | 10,342 | $180,054 | |||
| LNG | $931,422 | 0.86% | 3,897 | $222,873 | Up ×1 | ||
| ENB | $840,634 | 0.77% | 15,507 | $1,085 | |||
| PBA | $818,533 | 0.75% | 17,698 | $26,371 | |||
| TRP | $783,283 | 0.72% | 11,816 | $43,601 | |||
| AM | $384,703 | 0.35% | 16,910 | $-845 | |||
| No matches | |||||||
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| EPD | Price move only | +0 | -$535K |
| WES | Price move only | +0 | +$534K |
| OKE | Price move only | +0 | -$486K |
| WMB | Price move only | +0 | +$392K |
| MPLX | Price move only | +0 | -$240K |
| LNG | Bought more | +1K | +$223K |
| TRGP | Price move only | +0 | +$180K |
| ET | Price move only | +0 | -$144K |
| KMI | Price move only | +0 | -$138K |
| HESM | Price move only | +0 | -$117K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| CP | March 31, 2026 | 89,300 | $9,023,765 | 9.1% |
| CNQ | March 31, 2026 | 193,600 | $9,000,464 | -0.9% |
| SU | March 31, 2026 | 132,000 | $8,041,440 | 4.0% |
| CNI | March 31, 2026 | 53,400 | $7,249,050 | 16.1% |
| FTS | March 31, 2026 | 86,000 | $6,136,960 | -5.8% |
| EMA | March 31, 2026 | 66,500 | $4,498,060 | -7.7% |
| TAC | March 31, 2026 | 122,000 | $2,117,920 | -4.8% |
| SOBO | March 31, 2026 | 46,497 | $1,732,677 | 1.9% |
| CQP | June 30, 2026 | 5,810 | $375,500 | 3.8% |
| CVE | March 31, 2026 | 15,000 | $348,300 | 18.6% |