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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 2 of 2  ·  37 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 KO COCA COLA CO COM Consumer Defensive 323,276.0 $24.6M 0.67% -5K -1.6% $76.05 +4.4%
22 STAG STAG INDL INC COM Real Estate 586,985.0 $21.2M 0.58% -7K -1.2% $36.06 +4.8%
23 SOUTH BOW CORP 527,789.0 $17.6M 0.48% -271K -33.9% $33.32
24 PPL PPL CORP COM Utilities 282,632.0 $10.8M 0.29% -62K -18.0% $38.20 -7.4%
25 ATO ATMOS ENERGY CORP COM Utilities 51,795.0 $9.6M 0.26% -7K -11.9% $184.72 -7.9%
26 NI NISOURCE INC COM Utilities 193,840.0 $9.0M 0.25% -68K -25.9% $46.66 +1.3%
27 CQP CHENIERE ENERGY PARTNERS LP CO Energy 101,266.0 $6.5M 0.18% -3K -2.4% $64.63 -10.2%
28 D DOMINION ENERGY INC COM Utilities 36,815.0 $2.3M 0.06% -4K -9.1% $61.82 +10.7%
29 LBRT LIBERTY ENERGY INC COM CL A Energy 73,902.0 $2.1M 0.06% -22K -23.2% $28.80 -5.6%
30 XOM EXXON MOBIL CORP COM Energy 10,935.0 $1.9M 0.05% -12K -52.9% $169.66 -17.0%
31 JPM JPMORGAN CHASE & CO. COM Financial Services 4,310.0 $1.3M 0.04% -3K -40.3% $294.14 +10.6%
32 AVGO BROADCOM INC COM Technology 3,211.0 $994K 0.03% -472.0 -12.8% $309.53 +32.9%
33 XLU SELECT SECTOR SPDR TR SBI INT- 17,999.0 $826K 0.02% -113K -86.3% $45.89 -2.5%
34 JEF JEFFERIES FINL GROUP INC COM Financial Services 11,843.0 $489K 0.01% -17K -58.6% $41.27 +50.5%
35 TOTALENERGIES SE 5,215.0 $474K 0.01% -4K -43.4% $90.98
36 RY ROYAL BK CDA COM Financial Services 2,734.0 $442K 0.01% -1K -29.3% $161.79 +24.6%
37 IWD ISHARES TR RUS 1000 VAL ETF 1,147.0 $245K 0.01% -5K -81.2% $213.67 +13.3%
Page 2 of 2  ·  37 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%