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Portfolio (Quarterly) Guide ↗

MILLER HOWARD INVESTMENTS INC /NY

· CIK 0000903947
13F Portfolio $3.7B AUM 138 positions Filed Apr 20, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 12 New 79 Added 37 Reduced 14 Exited
Page 1 of 4  ·  79 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 EPD ENTERPRISE PRODS PARTNERS L P Energy 3,160,206.0 $119.6M 3.27% +48K +1.6% $37.84 -3.3%
2 EXC EXELON CORP COM Utilities 1,685,069.0 $82.6M 2.26% +242K +16.8% $49.02 -6.5%
3 TRP TC ENERGY CORP COM Energy 1,294,518.0 $81.0M 2.21% +159K +14.0% $62.60 +8.1%
4 COP CONOCOPHILLIPS COM Energy 609,900.0 $80.5M 2.20% +42K +7.5% $132.00 -18.4%
5 CNQ CANADIAN NAT RES LTD COM Energy 1,440,125.0 $70.2M 1.92% +56K +4.0% $48.73 -15.8%
6 WES WESTERN MIDSTREAM PARTNERS LP Energy 1,584,975.0 $65.3M 1.78% +94K +6.3% $41.17 +6.1%
7 ENB ENBRIDGE INC COM Energy 1,170,678.0 $63.4M 1.73% +71K +6.5% $54.14 +0.8%
8 KMI KINDER MORGAN INC DEL COM Energy 1,822,905.0 $61.1M 1.67% +57K +3.2% $33.53 -5.8%
9 LAMR LAMAR ADVERTISING CO NEW CL A Real Estate 468,026.0 $59.3M 1.62% +153K +48.5% $126.66 +18.2%
10 HESM HESS MIDSTREAM LP CL A SHS Energy 1,491,899.0 $58.0M 1.58% +46K +3.1% $38.87 -5.4%
11 TRGP TARGA RES CORP COM Energy 230,592.0 $57.8M 1.58% +63K +37.3% $250.73 +3.1%
12 CME CME GROUP INC COM Financial Services 195,433.0 $57.7M 1.58% +192K +5269.0% $295.35 -16.6%
13 VZ VERIZON COMMUNICATIONS INC COM Communication Services 1,097,506.0 $55.1M 1.51% +297K +37.1% $50.20 -8.7%
14 PSX PHILLIPS 66 COM Energy 294,220.0 $53.6M 1.47% +3K +1.2% $182.18 -8.8%
15 SUN SUNOCO LP/SUNOCO FIN CORP COM Energy 816,233.0 $53.0M 1.45% +127K +18.4% $64.97 -2.3%
16 ELS EQUITY LIFESTYLE PROPERTIES IN Real Estate 799,961.0 $49.9M 1.36% +151K +23.3% $62.42 -0.4%
17 LNG CHENIERE ENERGY INC COM NEW Energy 164,910.0 $46.8M 1.28% +5K +2.9% $283.76 -20.0%
18 HST HOST HOTELS & RESORTS INC COM Real Estate 2,417,960.0 $46.3M 1.27% +104K +4.5% $19.16 +30.5%
19 EMN EASTMAN CHEM CO COM Basic Materials 600,368.0 $45.8M 1.25% +45K +8.1% $76.32 -5.0%
20 OMC OMNICOM GROUP INC COM Communication Services 581,969.0 $43.8M 1.20% +7K +1.2% $75.31 -5.3%
Page 1 of 4  ·  79 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 41.0%
Financial Services 16.8%
Healthcare 11.2%
Utilities 9.4%
Real Estate 5.6%
Communication Services 4.4%
Industrials 3.9%
Basic Materials 2.6%
Technology 2.3%
Consumer Defensive 1.6%