Invesco SteelPath MLP & Energy Infrastructure… (PIPE) Holdings
PIPE holdings summary
as of Oct 25, 2026- Holdings
- 24 positions listed
- Top 10 weight
- 54.0% of net assets
- Effective holdings
- 20 equal-weight equivalent
- Largest holding
- TRGP 8.56% Targa Resources Corp.
- Annual turnover
- — of the portfolio traded
All PIPE holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | TRGP | Targa Resources Corp. | Energy | 8.56% | $5.5M | $63.24B | 28.2 |
| 2 | PAGP | Plains GP Holdings, L.P. | Energy | 6.63% | $4.2M | $6.40B | 62.4 |
| 3 | WMB | The Williams Companies, Inc. | Energy | 6.36% | $4.1M | $87.19B | 28.4 |
| 4 | TRP | TC Energy Corp | Energy | 5.31% | $3.4M | — | — |
| 5 | LNG | Cheniere Energy, Inc. | Energy | 4.97% | $3.2M | $59.78B | 21.9 |
| 6 | PPL | Pembina Pipeline Corp | Energy | 4.63% | $3.0M | — | — |
| 7 | KEY | Keyera Corp. | Energy | 4.56% | $2.9M | — | — |
| 8 | KMI | Kinder Morgan, Inc. | Energy | 4.46% | $2.8M | $76.16B | 22.1 |
| 9 | EPD | Enterprise Products Partners L.P. | Energy | 4.35% | $2.8M | $79.51B | 12.8 |
| 10 | ENB | Enbridge Inc | Energy | 4.18% | $2.7M | — | — |
| 11 | US50012A1088 | KODIAK GAS SERVICES INC | Other | 3.95% | $2.5M | — | — |
| 12 | MPLX | MPLX LP | Energy | 3.91% | $2.5M | $59.02B | 12.5 |
| 13 | SOBO | South Bow Corporation | Energy | 3.61% | $2.3M | $7.24B | 15.8 |
| 14 | SUNC | SunocoCorp LLC | Energy | 3.58% | $2.3M | $3.73B | 25.9 |
| 15 | AM | Antero Midstream Corporation | Energy | 3.21% | $2.0M | $9.80B | 24.9 |
| 16 | KNTK | Kinetik Holdings Inc. | Energy | 3.01% | $1.9M | $9.36B | 19.3 |
| 17 | GEL | Genesis Energy, L.P. | Energy | 2.86% | $1.8M | $1.74B | 71.2 |
| 18 | WES | Western Midstream Partners, LP | Energy | 2.85% | $1.8M | $18.44B | 14.1 |
| 19 | DTM | DT Midstream, Inc. | Energy | 2.11% | $1.3M | $12.62B | 27.1 |
| 20 | ALA | AltaGas Ltd | Energy | 1.94% | $1.2M | — | — |
| 21 | AROC | Archrock, Inc. | Energy | 1.93% | $1.2M | $5.18B | 15.9 |
| 22 | HESM | Hess Midstream LP | Energy | 1.60% | $1.0M | $6.32B | 10.6 |
| 23 | GEI | Gibson Energy Inc. | Energy | 1.12% | $715,321.68 | — | — |
| 24 | AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | Other | 0.95% | $606,415.67 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($63.8M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
PIPE sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Energy | 85.7% | 22 | TRGP, PAGP, WMB |
| Other | 4.9% | 2 | US50012A1088, AGPXX |
Sum of the weights of the holdings in each sector.
PIPE top industries
PIPE overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| UMI | USCF Midstream Energy Income Fund | 72.2% | 19 of 19 | 0.84% |
| ENFR | Alerian Energy Infrastructure ETF | 67.8% | 19 of 25 | 0.34% |
| EINC | VanEck Energy Income ETF | 66.2% | 21 of 27 | 0.48% |
| MLPX | Global X MLP & Energy Infrastructure ETF | 62.2% | 19 of 27 | 0.47% |
| MDST | Westwood Enhanced Midstream Income ETF | 62.2% | 17 of 23 | 0.81% |
| USAI | Pacer American Energy Independence ETF | 56.9% | 21 of 32 | 0.73% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the PIPE portfolio
Invesco SteelPath MLP & Energy Infrastructure… holds 24 positions. The ten largest make up 54.0% of the fund, so it behaves like a portfolio of about 20 equally weighted stocks. The biggest positions are Targa Resources Corp. (8.56%), Plains GP Holdings, L.P. (6.63%), The Williams Companies, Inc. (6.36%), TC Energy Corp (5.31%), Cheniere Energy, Inc. (4.97%).
By sector, Energy is 85.7%, Other is 4.9%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: PIPE chart, PIPE performance, PIPE dividends, PIPE valuation, PIPE overview.
PIPE holdings FAQ
How many holdings does PIPE have?
PIPE holds 24 positions as of October 25, 2026.
What are the top 10 holdings of PIPE?
The ten largest holdings are Targa Resources Corp. (8.56%), Plains GP Holdings, L.P. (6.63%), The Williams Companies, Inc. (6.36%), TC Energy Corp (5.31%), Cheniere Energy, Inc. (4.97%), Pembina Pipeline Corp (4.63%), Keyera Corp. (4.56%), Kinder Morgan, Inc. (4.46%), Enterprise Products Partners L.P. (4.35%), Enbridge Inc (4.18%). Together they are 54.0% of the fund.
What percentage of PIPE is Targa Resources Corp.?
Targa Resources Corp. is the largest holding at 8.56% of net assets, about $5.5M of the fund's $63.8M.
How concentrated is PIPE?
The top 10 holdings are 54.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) PIPE behaves like a portfolio of about 20 equally weighted stocks.