Q3 2026 13F · SEC CIK 1843590

Fractal Investments LLC

Institutional asset managerFiled 2026-10-28 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $882.7M
Reported positions: 78
Top holdings a year, 3 yrs: +19.3%
Assets under management: $734.7M

Fractal Investments LLC is an institutional asset manager that reported 78 positions worth $882.7M in its Q3 2026 13F, filed 2026-10-28. Its largest holdings were Energy Transfer L P (ETPC, 13.3%), Mplx LP (MPLX, 10.6%), Plains All American Pipeline LP (PAA, 9.7%). A portfolio copying its top holdings returned 19.3% a year over the last 3 years, against 20.4% for the S&P 500.

Fractal Investments LLC holdings largest 50 of 78 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Fractal Investments LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
ETPCEnergy Transfer L P	13.3%	12.1%	5,946,353	+8.7%	$117.6M
MPLXMplx LP	10.6%	10.8%	1,668,116	+0.0%	$93.9M
PAAPlains All American Pipeline LP	9.7%	9.3%	3,625,784	+0.0%	$86.0M
SUNSunoco Lp/sunoco Fin Corp	7.7%	5.3%	929,327	+36.3%	$67.7M
WESWestern Midstream Partners LP	7.6%	7.7%	1,506,146	-1.2%	$66.8M
EPDEnterprise Prods Partners L	7.4%	7.8%	1,837,044	+0.0%	$65.4M
WMBWilliams Cos	6.5%	7.2%	840,072	+0.0%	$57.1M
TRGPTarga Res Corp	6.2%	6.0%	203,589	+5.4%	$55.0M
HESMHess Midstream LP	4.8%	5.0%	1,139,887	-1.8%	$42.6M
DTMDt Midstream Inc	3.9%	3.9%	285,999	+23.8%	$34.2M
KMIKinder Morgan Inc Del	3.6%	3.9%	1,046,638	+0.0%	$31.6M
TRPTc Energy Corp	3.3%	5.1%	507,300	-24.3%	$29.3M
LNGCheniere Energy Inc	2.4%	2.1%	77,685	+0.0%	$20.9M
OKEOneok Inc New	1.5%	—	156,630	—	$13.4M
NGLNgl Energy Partners LP	1.4%	1.5%	832,479	+0.0%	$12.3M
CQPCheniere Energy Partners L P	1.3%	1.4%	194,126	+0.0%	$11.8M
GLPGlobal Partners LP	1.0%	1.0%	195,234	+0.0%	$9.0M
GELGenesis Energy L P	0.5%	0.6%	343,243	+0.0%	$4.7M
AMAntero Midstream Corp	0.5%	0.6%	233,383	+0.0%	$4.7M
GEVGe Vernova Inc	0.4%	0.5%	3,949	+0.0%	$3.8M
SPHSuburban Propane Partners L	0.4%	0.4%	214,864	+0.0%	$3.5M
SNDKSandisk Corp	0.4%	0.9%	1,900	-44.1%	$3.3M
ENBEnbridge Inc	0.4%	0.4%	67,500	+0.0%	$3.1M
QQnity Electronics Inc Common Stock	0.3%	0.4%	22,600	+13.0%	$2.8M
NUENucor Corp	0.2%	—	9,000	—	$2.1M
NEMNewmont Corp	0.2%	0.2%	15,218	+0.0%	$1.8M
WLKPWestlake Chem Partners LP	0.2%	0.2%	80,400	+0.0%	$1.7M
XOMExxonmobil Holdings Corp	0.2%	—	9,710	—	$1.6M
HONAHoneywell Aerospace Inc	0.2%	—	9,550	—	$1.5M
KNTKKinetik Holdings Inc	0.2%	0.2%	27,502	+0.0%	$1.4M
ECGEverus Constr Group	0.2%	0.1%	11,700	+82.8%	$1.4M
SMCSummit Midstream Corporation	0.2%	0.1%	45,000	+0.0%	$1.4M
CRCrane Company	0.1%	0.2%	6,300	+0.0%	$1.3M
CFCf Industries Hold	0.1%	0.1%	10,300	+0.0%	$1.2M
SUSuncor Energy Inc New	0.1%	0.1%	16,400	+0.0%	$1.1M
SHELShell PLC	0.1%	0.1%	11,588	+0.0%	$1.1M
FDXFFedex Fght Hldg Co Inc	0.1%	—	10,000	—	$1.1M
FCXFreeport Mcmoran Inc	0.1%	0.1%	15,068	+0.0%	$1.1M
VLTOVeralto Corp	0.1%	0.1%	11,000	+25.0%	$1.0M
CONConcentra Group Holdings Par	0.1%	—	29,000	—	$998K
KEYSKeysight Technologies Inc	0.1%	0.1%	2,500	+0.0%	$910K
SCCOSouthern Copper Corp	0.1%	0.1%	4,472	+1.2%	$906K
MPCMarathon Petroleum	0.1%	—	2,291	—	$906K
RALRalliant Corp	0.1%	0.1%	13,000	+30.0%	$899K
PHINPhinia Inc	0.1%	0.1%	14,900	+0.0%	$886K
AEMAgnico Eagle Mines Ltd	0.1%	0.1%	4,809	+0.0%	$881K
CVXChevron Corporation	0.1%	0.1%	4,200	+0.0%	$858K
IMOImperial Oil Ltd	0.1%	—	6,610	—	$813K
RIORio Tinto PLC	0.1%	0.1%	8,200	+0.0%	$772K
BHPBhp Billiton Limited	0.1%	0.1%	9,000	+0.0%	$764K

What Fractal Investments LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +27.8% /yr; S&P 500 +20.1%
3 years: +19.3% /yr; S&P 500 +20.4%
5 years: +15.9% /yr; S&P 500 +13.0%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$882.7M	78
Q2 2026	$866.9M	80
Q1 2026	$845.0M	81
Q4 2025	$716.2M	80
Q3 2025	$692.7M	77
Q2 2025	$701.0M	76
Q1 2025	$719.6M	73
Q4 2024	$653.5M	76
Q3 2024	$591.6M	83
Q2 2024	$574.6M	82
Q1 2024	$550.7M	81
Q4 2023	$486.2M	74

Questions about Fractal Investments LLC's portfolio

What stocks does Fractal Investments LLC own?

Fractal Investments LLC's latest 13F, for Q3 2026 and filed Oct 28, 2026, lists 78 positions worth $882.7M. The largest are Energy Transfer L P (ETPC) at 13.3%, Mplx LP (MPLX) at 10.6%, Plains All American Pipeline LP (PAA) at 9.7%, Sunoco Lp/sunoco Fin Corp (SUN) at 7.7% and Western Midstream Partners LP (WES) at 7.6%.

What did Fractal Investments LLC buy last quarter?

In Q3 2026, Fractal Investments LLC added Everus Constr Group (ECG) (+82.8% shares), Sunoco Lp/sunoco Fin Corp (SUN) (+36.3% shares) and Ralliant Corp (RAL) (+30.0% shares), compared with its Q2 2026 filing.

What did Fractal Investments LLC sell last quarter?

In Q3 2026, Fractal Investments LLC cut from its top 50 Oneok Inc New (OKE), cut from its top 50 Solstice Advanced Matls Inc (SOLS), cut from its top 50 Caterpillar Inc (CAT), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Parker-Hannifin Corp (PH), Sandisk Corp (SNDK) (-44.1% shares) and Tc Energy Corp (TRP) (-24.3% shares), compared with its Q2 2026 filing.

How has Fractal Investments LLC's portfolio performed?

A portfolio copying Fractal Investments LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +27.8% against +20.1%. Over 5 years: +15.9% a year against +13.0%.

When is Fractal Investments LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Fractal Investments LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Fractal Investments LLC manage?

Fractal Investments LLC reported $734.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $882.7M.