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Portfolio (Quarterly) Guide ↗

MILLER HOWARD INVESTMENTS INC /NY

· CIK 0000903947
13F Portfolio $3.3B AUM 140 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 140 New
Page 3 of 7  ·  140 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 SUN SUNOCO LP/SUNOCO FIN CORP COM Energy 689,269.0 $36.1M 1.09% NEW $52.41 +33.7%
42 EMN EASTMAN CHEM CO COM Basic Materials 555,291.0 $35.4M 1.07% NEW $63.83 +13.5%
43 AM ANTERO MIDSTREAM CORP COM Energy 1,978,405.0 $35.2M 1.06% NEW $17.79 +23.6%
44 VZ VERIZON COMMUNICATIONS INC COM Communication Services 800,496.0 $32.6M 0.98% NEW $40.73 +15.5%
45 LNG CHENIERE ENERGY INC COM NEW Energy 160,277.0 $31.2M 0.94% NEW $194.39 +24.0%
46 TRGP TARGA RES CORP COM Energy 167,940.0 $31.0M 0.94% NEW $184.50 +45.0%
47 GEL GENESIS ENERGY L P UNIT LTD PA Energy 1,977,044.0 $30.8M 0.93% NEW $15.60 +3.2%
48 TXN TEXAS INSTRS INC COM Technology 177,743.0 $30.8M 0.93% NEW $173.49 +76.6%
49 OGE OGE ENERGY CORP COM Utilities 702,739.0 $30.0M 0.91% NEW $42.70 +11.3%
50 CMCSA COMCAST CORP NEW CL A Communication Services 909,243.0 $27.2M 0.82% NEW $29.89 -17.2%
51 DTM DT MIDSTREAM INC COMMON STOCK Energy 218,539.0 $26.2M 0.79% NEW $119.68 +23.7%
52 KO COCA COLA CO COM Consumer Defensive 328,551.0 $23.0M 0.69% NEW $69.91 +15.1%
53 SOUTH BOW CORP 798,348.0 $21.9M 0.66% NEW $27.47
54 STAG STAG INDL INC COM Real Estate 594,090.0 $21.8M 0.66% NEW $36.76 +3.5%
55 PAGP PLAINS GP HLDGS L P LTD PARTNR Energy 1,130,121.0 $21.6M 0.65% NEW $19.14 +26.0%
56 OKE ONEOK INC NEW COM Energy 283,212.0 $20.8M 0.63% NEW $73.50 +23.9%
57 GAP GAP INC/THE Consumer Cyclical 803,166.0 $20.6M 0.62% NEW $25.60 -17.1%
58 PBA PEMBINA PIPELINE CORP COM Energy 522,146.0 $19.9M 0.60% NEW $38.06 +27.7%
59 KEYERA CORP COM 540,069.0 $17.3M 0.52% NEW $32.10
60 HRL HORMEL FOODS CORP Consumer Defensive 709,640.0 $16.8M 0.51% NEW $23.70 -15.6%
Page 3 of 7  ·  140 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 36.3%
Financial Services 19.1%
Healthcare 13.8%
Utilities 9.1%
Real Estate 6.5%
Technology 4.1%
Communication Services 3.9%
Industrials 2.4%
Basic Materials 2.3%
Consumer Defensive 1.3%