CUSHING MLP ASSET MANAGEMENT, LP logo

CUSHING MLP ASSET MANAGEMENT, LP

Long Only Manager

CUSHING MLP ASSET MANAGEMENT, LP is a Long Only Manager based in Dallas, TX led by John Marshall Musgrave, managing $1.8B across 59 long positions as of Q3 2025 with 77% Energy concentration and 52% concentrated in top 10 holdings.

CEOJohn Marshall Musgrave
Portfolio Value
$1.8B
Positions
59
Top Holding
ET at 8%
Last Reported
Q3 2025
AddressOne Energy Square, 4925 Greenville Avenue, Suite 1310, Dallas, TX, 75206, United States

Top Holdings

Largest long holdings in CUSHING MLP ASSET MANAGEMENT, LP's portfolio (51.7% of total portfolio)

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HoldingSectorPositionWeightTradedOwnership
Oil & Gas Midstream
Energy
$140.9M
8.00%
+$17.7M
Bought
0.24%
8.2M shares
Oil & Gas Midstream
Energy
$114.3M
6.49%
+$2.7M
Bought
0.32%
682.3K shares
Oil & Gas Midstream
Energy
$105.9M
6.01%
-$2.1M
Sold
0.21%
450.8K shares
4
MPLX logo
MPLX
MPLX
Oil & Gas Midstream
Energy
$86.6M
4.92%
+$899.1K
Bought
0.17%
1.7M shares
5
Oneok logo
Oil & Gas Midstream
Energy
$81.5M
4.63%
-$15.2M
Sold
0.18%
1.1M shares
Oil & Gas Midstream
Energy
$80.1M
4.54%
+$691.0K
Bought
1.77%
2.3M shares
Oil & Gas Midstream
Energy
$76.8M
4.36%
-$7.8M
Sold
0.67%
679.3K shares
Oil & Gas Midstream
Energy
$76.0M
4.32%
+$570.2K
Bought
0.10%
1.2M shares
Oil & Gas Midstream
Energy
$74.5M
4.23%
+$3.3M
Bought
0.12%
2.6M shares
Oil & Gas Midstream
Energy
$74.3M
4.22%
+$6.3M
Bought
0.13%
1.4M shares

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in CUSHING MLP ASSET MANAGEMENT, LP's latest filing

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Market Value
$1.8B
Prior: $1.6B
Q/Q Change
+7.04%
+$115.9M
Net Flows % of MV
+4.68%
Turnover Ratio
6.88%
New Purchases
3 stocks
$16.4M
Added To
42 stocks
+$145.8M
Sold Out Of
5 stocks
$31.7M
Reduced Holdings
6 stocks
-$48.1M

Increased Positions

PositionShares Δ
New
New
New
4
Argan logo
+287.5%
+228.57%

Decreased Positions

PositionShares Δ
Sold
Sold
Sold
Sold
Sold

Analytics

Portfolio insights and performance metrics for CUSHING MLP ASSET MANAGEMENT, LP

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Sector Allocation

Energy: 77.30%EnergyUtilities: 9.60%UtilitiesIndustrials: 3.40%Technology: 3.20%Real Estate: 0.60%Communication Services: 0.40%
Energy
77.30%
Utilities
9.60%
Industrials
3.40%
Technology
3.20%
Real Estate
0.60%
Communication Services
0.40%

Market Cap Distribution

Mega Cap (> $200B): 0.37%Large Cap ($10B - $200B): 81.82%Large Cap ($10B - $200B)Mid Cap ($2B - $10B): 17.24%Mid Cap ($2B - $10B)Small Cap ($300M - $2B): 0.11%N/A (ETF or Unknown): 0.46%
Mega Cap (> $200B)
0.37%
Large Cap ($10B - $200B)
81.82%
Mid Cap ($2B - $10B)
17.24%
Small Cap ($300M - $2B)
0.11%
N/A (ETF or Unknown)
0.46%

Portfolio Concentration

Top 10 Holdings %
51.71%
Top 20 Holdings %
79.23%
Top 50 Holdings %
98.59%
Top 100 Holdings %
100.0%

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