KAYNE ANDERSON CAPITAL ADVISORS LP
SEC Form 13F institutional filer · CIK 0000949615
13F-HR · 17 reported holdings · 2026-03-31
Kayne Anderson Capital Advisors LP is an investment manager.
Reported long-US-equity value
$2.08B
Top-10 concentration
98.4%
KAYNE ANDERSON CAPITAL ADVISORS LP — $2.08B AUM allocation strategy
KAYNE ANDERSON CAPITAL ADVISORS LP files SEC Form 13F and reports $2.08B of long US equity value across 17 reported holdings for 2026-03-31.
Its largest sector bet is Energy 88.1%, followed by Utilities 11.4% and Industrials 0.5%.
The top 10 holdings account for 98% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
KAYNE ANDERSON CAPITAL ADVISORS LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.08B
total across 17 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
98% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$OKE +233K sh · +$82.4M+$XEL +20.7K sh · +$2.07M+$NRG +11.9K sh · +$1.05M
Biggest trims (shares)
−$KMI −1.66M sh · +$20.4M−$WMB −948K sh · +$27.9M−$MPC −241K sh · +$42.9M
Exited to nil (held last quarter, gone now)
$LIN ($35.6M last qtr)$EXC ($8.33M last qtr)$AES ($3.32M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Oil & Gas Storage & Transportation67.4%—
- Oil & Gas Refining & Marketing20.7%—
- Multi-Utilities6.6%—
- Electric Utilities4.3%—
- Independent Power Producers & Energy Traders0.5%—
- Heavy Electrical Equipment0.3%—
- Construction & Engineering0.2%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $WMB | Williams Companies Inc | 6.7M | $488M | -948K | 23.5% |
| $MPC | Marathon Petroleum Corporation | 6.99M | $429M | -241K | 20.7% |
| $KMI | Kinder Morgan Inc | 11M | $367M | -1.66M | 17.7% |
| $OKE | ONEOK Inc | 3.86M | $349M | +233K | 16.8% |
| $TRGP | Targa Resources Inc | 778K | $195M | -87.3K | 9.4% |
| $SRE | DBA Sempra | 776K | $75.4M | -182K | 3.6% |
| $ETR | Entergy Corporation | 602K | $67.7M | -10.1K | 3.3% |
| $CNP | CenterPoint Energy Inc | 1.24M | $53.7M | +9.29K | 2.6% |
| $NRG | NRG Energy Inc | 64.2K | $9.39M | +11.9K | 0.5% |
| $XEL | Xcel Energy Inc | 97.4K | $7.74M | +20.7K | 0.4% |
…and 7 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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