CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT NGL — NGL ENERGY PARTNERS LP COM UNIT REPST

Ownership history in CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT  ·  47 quarters on record

AI Ownership Summary

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT reported NGL ENERGY PARTNERS LP COM UNIT REPST (NGL) in 47 quarterly 13F filings from 2024 Q3 through 2026 Q2. Peak portfolio weight reached 0.09% in 2025 Q3. The latest visible filing shows NGL at 0.08% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this NGL ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT's position in NGL ENERGY PARTNERS LP COM UNIT REPST, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

NGL was reported at 0.08% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.09% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q3 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

NGL stock page CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT fund profile CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT full holdings
How CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT held NGL — position size vs. price
% of Fund (quarterly)    NGL price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 8 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 REDUCED 26.7% -6.6% ✅ 110,000 -40,000 -26.7% 0.08% $1.8M 2026-07-28 $15.01
2026 Q1 UNCHANGED — — — 150,000 — 0% 0.09% $1.8M 2026-04-28 $15.72
2025 Q4 REDUCED 45.5% +23.3% ❌ 150,000 -125,000 -45.5% 0.09% $1.5M 2026-01-27 $11.41
2025 Q3 UNCHANGED — — — 275,000 — 0% 0.09% $1.6M 2025-10-20 $6.29
2025 Q2 ADDED — — — 275,000 +75,000 +37.5% 0.07% $1.2M 2025-07-14 $4.27
2025 Q1 UNCHANGED — — — 200,000 — 0% 0.06% $908K 2025-04-24 $3.16
2024 Q4 UNCHANGED — — — 200,000 — 0% 0.07% $998K 2025-01-21 $5.35
2024 Q3 REDUCED 60.4% +6.9% ❌ 200,000 -305,328 -60.4% 0.07% $900K 2024-10-21 $4.18
39 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding NGL

As of 2026 Q2 — sorted by position size

TPG GP A, LLC 3Y 1.84% Fractal Investments LLC 3Y 1.53% PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. 3Y 7Y 1.42% ELCO Management Co., LLC 3Y 7Y 1.31% Carter Financial Group, INC. 0.55% Cygnus Capital Advisors, LLC 0.47% ING GROEP NV 3Y 7Y 0.42% Trust Co of Kansas 3Y 0.11% SITTNER & NELSON, LLC 3Y 0.09% Quartz Partners, LLC 0.08%

FAQ About CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT and NGL

These are the practical questions this page is built to answer before you even open the full history table.

How long has CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT reported owning NGL?

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT reported NGL across 8 quarterly 13F filings, from 2024 Q3 through 2026 Q2.

What was the largest reported NGL position in CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT's portfolio?

The largest reported portfolio weight for NGL was 0.09% in 2025 Q3.

What is the latest reported NGL position on this page?

The most recent filing on this page is 2026 Q2, when CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT reported 110,000 shares, equal to 0.08% of portfolio, with an estimated market value of $1.8M.

What does the chart on this NGL ownership page compare?

The chart compares CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT's quarterly NGL portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT time their NGL position?

Based on 13F filing dates vs. subsequent NGL price moves, CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT correctly timed 19 out of 38 reported position changes (50%). The annualised alpha on NGL relative to SPY over the holding period was +14.4%.

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