Tortoise North American Pipeline Fund (TPYP) Holdings
TPYP holdings summary
as of Oct 23, 2026- Holdings
- 41 positions listed
- Top 10 weight
- 61.5% of net assets
- Effective holdings
- 18 equal-weight equivalent
- Largest holding
- KMI 8.27% Kinder Morgan, Inc.
- Annual turnover
- 18.9% of the portfolio traded
All TPYP holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | KMI | Kinder Morgan, Inc. | Energy | 8.27% | $73.1M | $76.16B | 22.1 |
| 2 | TRP | TC Energy Corp | Energy | 7.66% | $67.8M | — | — |
| 3 | TRGP | Targa Resources Corp. | Energy | 7.55% | $66.8M | $63.24B | 28.2 |
| 4 | LNG | Cheniere Energy, Inc. | Energy | 7.38% | $65.3M | $59.78B | 21.9 |
| 5 | WMB | The Williams Companies, Inc. | Energy | 7.19% | $63.6M | $87.19B | 28.4 |
| 6 | ENB | Enbridge Inc | Energy | 7.04% | $62.3M | — | — |
| 7 | ATO | Atmos Energy Corporation | Utilities | 4.26% | $37.7M | $28.28B | 19.9 |
| 8 | PPL | Pembina Pipeline Corp | Energy | 4.17% | $36.9M | — | — |
| 9 | NI | NiSource Inc. | Utilities | 4.11% | $36.3M | $20.47B | 22.7 |
| 10 | EPD | Enterprise Products Partners L.P. | Energy | 3.85% | $34.0M | $79.51B | 12.8 |
| 11 | ALA | AltaGas Ltd | Energy | 2.43% | $21.5M | — | — |
| 12 | KEY | Keyera Corp. | Energy | 2.35% | $20.8M | — | — |
| 13 | MPLX | MPLX LP | Energy | 2.21% | $19.5M | $59.02B | 12.5 |
| 14 | NFG | National Fuel Gas Company | Energy | 1.53% | $13.5M | $7.60B | 11.1 |
| 15 | AM | Antero Midstream Corporation | Energy | 1.44% | $12.7M | $9.80B | 24.9 |
| 16 | DTM | DT Midstream, Inc. | Energy | 1.39% | $12.3M | $12.62B | 27.1 |
| 17 | SWX | Southwest Gas Holdings, Inc. | Utilities | 1.33% | $11.8M | $6.34B | 21.9 |
| 18 | WES | Western Midstream Partners, LP | Energy | 1.26% | $11.1M | $18.44B | 14.1 |
| 19 | PAA | Plains All American Pipeline, L.P. | Energy | 1.25% | $11.1M | $17.82B | 21.8 |
| 20 | AROC | Archrock, Inc. | Energy | 1.09% | $9.6M | $5.18B | 15.9 |
| 21 | NJR | New Jersey Resources Corporation | Utilities | 1.04% | $9.2M | $5.30B | 14.5 |
| 22 | SR | Spire Inc. | Utilities | 1.01% | $8.9M | $4.85B | 23.8 |
| 23 | OGS | ONE Gas, Inc. | Utilities | 0.95% | $8.4M | $4.75B | 16.3 |
| 24 | GEI | Gibson Energy Inc. | Energy | 0.86% | $7.6M | — | — |
| 25 | SUN | Sunoco LP | Energy | 0.82% | $7.3M | $13.80B | 16.2 |
| 26 | VG | Venture Global, Inc. | Energy | 0.75% | $6.6M | $31.80B | 10.0 |
| 27 | SOBO | South Bow Corporation | Energy | 0.74% | $6.5M | $7.24B | 15.8 |
| 28 | KNTK | Kinetik Holdings Inc. | Energy | 0.74% | $6.5M | $9.36B | 19.3 |
| 29 | FGXXX | First American Funds Inc. - Government Obligations Fund | Other | 0.69% | $6.1M | — | — |
| 30 | CPK | Chesapeake Utilities Corporation | Utilities | 0.67% | $5.9M | $3.34B | 21.1 |
| 31 | PAGP | Plains GP Holdings, L.P. | Energy | 0.61% | $5.4M | $6.40B | 62.4 |
| 32 | US50012A1088 | KODIAK GAS SERVICES INC | Other | 0.52% | $4.6M | — | — |
| 33 | HESM | Hess Midstream LP | Energy | 0.41% | $3.6M | $6.32B | 10.6 |
| 34 | NWN | Northwest Natural Holding Company | Utilities | 0.40% | $3.6M | $2.06B | 16.3 |
| 35 | CQP | Cheniere Energy Partners, L.P. | Energy | 0.26% | $2.3M | $30.77B | 12.0 |
| 36 | USAC | USA Compression Partners, LP | Energy | 0.23% | $2.0M | $3.70B | 24.1 |
| 37 | GEL | Genesis Energy, L.P. | Energy | 0.17% | $1.5M | $1.74B | 71.2 |
| 38 | GLP | Global Partners LP | Energy | 0.15% | $1.3M | $1.68B | 10.1 |
| 39 | DKL | Delek Logistics Partners, LP | Energy | 0.14% | $1.3M | $3.32B | 19.9 |
| 40 | EE | Excelerate Energy, Inc. | Energy | 0.08% | $739,353.88 | $3.76B | 22.9 |
| 41 | CAPL | CrossAmerica Partners LP | Energy | 0.04% | $371,445.73 | $827.6M | 15.8 |
Weights as a percentage of net assets. Value held = weight × net assets ($884.4M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
TPYP sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Energy | 74.1% | 31 | KMI, TRP, TRGP |
| Utilities | 13.8% | 8 | ATO, NI, SWX |
| Other | 1.2% | 2 | FGXXX, US50012A1088 |
Sum of the weights of the holdings in each sector.
TPYP top industries
TPYP overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| EINC | VanEck Energy Income ETF | 67.7% | 26 of 27 | 0.48% |
| MLPX | Global X MLP & Energy Infrastructure ETF | 62.9% | 25 of 27 | 0.47% |
| USAI | Pacer American Energy Independence ETF | 59.3% | 23 of 32 | 0.73% |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure… | 56.6% | 22 of 24 | — |
| UMI | USCF Midstream Energy Income Fund | 55.6% | 18 of 19 | 0.84% |
| ENFR | Alerian Energy Infrastructure ETF | 55.2% | 21 of 25 | 0.34% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the TPYP portfolio
Tortoise North American Pipeline Fund holds 41 positions. The ten largest make up 61.5% of the fund, so it behaves like a portfolio of about 18 equally weighted stocks. The biggest positions are Kinder Morgan, Inc. (8.27%), TC Energy Corp (7.66%), Targa Resources Corp. (7.55%), Cheniere Energy, Inc. (7.38%), The Williams Companies, Inc. (7.19%).
By sector, Energy is 74.1%, Utilities is 13.8%, Other is 1.2%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 23, 2026; positions change as the fund rebalances.
Related: TPYP chart, TPYP performance, TPYP dividends, TPYP valuation, TPYP overview.
TPYP holdings FAQ
How many holdings does TPYP have?
TPYP holds 41 positions as of October 23, 2026.
What are the top 10 holdings of TPYP?
The ten largest holdings are Kinder Morgan, Inc. (8.27%), TC Energy Corp (7.66%), Targa Resources Corp. (7.55%), Cheniere Energy, Inc. (7.38%), The Williams Companies, Inc. (7.19%), Enbridge Inc (7.04%), Atmos Energy Corporation (4.26%), Pembina Pipeline Corp (4.17%), NiSource Inc. (4.11%), Enterprise Products Partners L.P. (3.85%). Together they are 61.5% of the fund.
What percentage of TPYP is Kinder Morgan, Inc.?
Kinder Morgan, Inc. is the largest holding at 8.27% of net assets, about $73.1M of the fund's $884.4M.
Which sector is the largest in TPYP?
Energy is the largest sector at 74.1%, followed by Utilities (13.8%) and Other (1.2%), based on the sectors of the individual holdings.
How concentrated is TPYP?
The top 10 holdings are 61.5% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) TPYP behaves like a portfolio of about 18 equally weighted stocks.