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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 3 of 4  ·  79 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 TMUS T-MOBILE US INC COM Communication Services 46,707.0 $9.8M 0.27% +4K +10.4% $210.03 -13.5%
42 CSX CSX CORP COM Industrials 238,817.0 $9.8M 0.27% +15K +6.8% $41.05 +11.2%
43 EQIX EQUINIX INC COM Real Estate 8,614.0 $8.4M 0.23% +4K +82.4% $980.23 +11.4%
44 T AT&T INC COM Communication Services 284,422.0 $8.2M 0.23% +25K +9.8% $28.99 -24.1%
45 AWK AMERICAN WTR WKS CO INC NEW CO Utilities 58,467.0 $8.0M 0.22% +17K +39.8% $136.09 -8.1%
46 UNP UNION PAC CORP COM Industrials 30,101.0 $7.3M 0.20% +2K +6.8% $242.62 +5.9%
47 KNTK KINETIK HOLDINGS INC COM NEW C Energy 146,317.0 $7.1M 0.19% +60K +69.4% $48.41 -3.9%
48 AR ANTERO RESOURCES CORP COM Energy 155,374.0 $6.6M 0.18% +6K +4.0% $42.44 -21.7%
49 VLO VALERO ENERGY CORP COM Energy 26,518.0 $6.6M 0.18% +2K +7.1% $247.08 -4.4%
50 SU SUNCOR ENERGY INC NEW COM Energy 95,128.0 $6.3M 0.17% +3K +3.7% $66.11 -16.3%
51 OXY OCCIDENTAL PETE CORP COM Energy 88,821.0 $5.8M 0.16% +15K +20.6% $65.00 -20.3%
52 WCN WASTE CONNECTIONS INC COM Industrials 32,583.0 $5.3M 0.14% +6K +20.9% $162.44 -4.5%
53 AEP AMERICAN ELEC PWR CO INC COM Utilities 35,348.0 $4.6M 0.13% +9K +34.0% $131.08 -2.6%
54 ROCKPOINT GAS STORAGE INC CLAS 230,392.0 $4.6M 0.13% +19K +9.2% $20.02
55 GPOR GULFPORT ENERGY CORP Energy 21,782.0 $4.6M 0.13% +793.0 +3.8% $211.57 -24.0%
56 CHRD CHORD ENERGY CORPORATION COM N Energy 30,492.0 $4.3M 0.12% +3K +11.5% $142.18 -13.4%
57 VST VISTRA CORP COM Utilities 27,900.0 $4.2M 0.12% +2K +8.4% $150.33 +5.7%
58 WTTR SELECT WATER SOLUTIONS INC Utilities 261,376.0 $4.0M 0.11% +21K +8.6% $15.30 +17.9%
59 SO SOUTHERN CO COM Utilities 36,976.0 $3.6M 0.10% +3K +8.3% $96.52 -3.6%
60 DUK DUKE ENERGY CORP NEW COM NEW Utilities 21,445.0 $2.8M 0.08% +2K +8.3% $130.94 -5.4%
Page 3 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%