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KAYNE ANDERSON CAPITAL ADVISORS LP

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13F filer, CIK 949615, LOS ANGELES, CA

KAYNE ANDERSON CAPITAL ADVISORS LP reported $4,531,129,492 across 46 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-05. Its ten largest share positions make up 75.3% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001140361-25-017304

Period
2025-03-31
Reported value
$4.53B
Holdings
46
Top 10 weight
75.3%
New
5
Sold out
8

Largest buys vs the previous quarter

SecurityShares changeApprox. value
MPLXadded+2,153,490$115M
PWRadded+139,218$35.4M
LNGadded+105,875$24.5M
OKEadded+223,823$22.2M
KGSadded+465,528$17.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
ENBreduced-889,385-$39.4M
SREreduced-470,675-$33.6M
ETRreduced-249,746-$21.4M
NEXTERA ENERGY INCexited-505,441-$20.7M
TRPreduced-367,556-$17.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001140361-25-017304, largest first. % of portfolio is the value over $4,531,129,492, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
WMBWILLIAMS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,330,078 shares; 2024Q4: 7,802,806 shares; 2025Q1: 7,916,565 shares 7,916,565$473M10.44%+113,759Timeline
EPDENTERPRISE PRODS PARTNERS LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,641,147 shares; 2024Q4: 13,588,164 shares; 2025Q1: 13,564,583 shares 13,564,583$463M10.22%-23,581Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,264,067 shares; 2024Q4: 23,987,750 shares; 2025Q1: 24,170,455 shares 24,170,455$449M9.92%+182,705Timeline
MPLXMPLX LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,735,562 shares; 2024Q4: 5,634,573 shares; 2025Q1: 7,788,063 shares 7,788,063$417M9.2%+2,153,490Timeline
LNGCHENIERE ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,326,658 shares; 2024Q4: 1,389,026 shares; 2025Q1: 1,494,901 shares 1,494,901$346M7.63%+105,875Timeline
KMIKINDER MORGAN INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,550,002 shares; 2024Q4: 10,233,186 shares; 2025Q1: 10,786,581 shares 10,786,581$308M6.79%+553,395Timeline
TRGPTARGA RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,926,251 shares; 2024Q4: 1,468,982 shares; 2025Q1: 1,400,135 shares 1,400,135$281M6.19%-68,847Timeline
OKEONEOK INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,298,034 shares; 2024Q4: 2,563,757 shares; 2025Q1: 2,787,580 shares 2,787,580$277M6.1%+223,823Timeline
TRPTC ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,198,140 shares; 2024Q4: 4,842,255 shares; 2025Q1: 4,474,699 shares 4,474,699$211M4.66%-367,556Timeline
WESWESTERN MIDSTREAM PARTNERS LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,228,448 shares; 2024Q4: 4,590,586 shares; 2025Q1: 4,575,487 shares 4,575,487$187M4.14%-15,099Timeline
PBAPEMBINA PIPELINE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,155,198 shares; 2024Q4: 4,062,772 shares; 2025Q1: 3,899,001 shares 3,899,001$156M3.44%-163,771Timeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,143,265 shares; 2024Q4: 3,826,865 shares; 2025Q1: 2,937,480 shares 2,937,480$130M2.87%-889,385Timeline
HESMHESS MIDSTREAM LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,640,514 shares; 2024Q4: 2,608,331 shares; 2025Q1: 2,885,110 shares 2,885,110$122M2.69%+276,779Timeline
PAAPLAINS ALL AMERN PIPELINE LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,538,106 shares; 2024Q4: 5,645,979 shares; 2025Q1: 5,521,539 shares 5,521,539$110M2.44%-124,440Timeline
DTMDT MIDSTREAM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 692,429 shares; 2024Q4: 678,536 shares; 2025Q1: 677,417 shares 677,417$65.4M1.44%-1,119Timeline
APDAIR PRODUCTS AND CHEMICALS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 159,295 shares; 2025Q1: 190,575 shares 190,575$56.2M1.24%+31,280Timeline
ETRENTERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 266,730 shares; 2024Q4: 900,099 shares; 2025Q1: 650,353 shares 650,353$55.6M1.23%-249,746Timeline
AMANTERO MIDSTREAM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,984,097 shares; 2024Q4: 2,948,391 shares; 2025Q1: 2,943,624 shares 2,943,624$53M1.17%-4,767Timeline
SRESEMPRAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,020,769 shares; 2024Q4: 1,129,048 shares; 2025Q1: 658,373 shares 658,373$47M1.04%-470,675Timeline
AROCARCHROCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,530,440 shares; 2024Q4: 1,614,264 shares; 2025Q1: 1,647,222 shares 1,647,222$43.2M0.95%+32,958Timeline
KNTKKINETIK HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 959,229 shares; 2024Q4: 795,311 shares; 2025Q1: 830,122 shares 830,122$43.1M0.95%+34,811Timeline
PWRQUANTA SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,349 shares; 2024Q4: 16,277 shares; 2025Q1: 155,495 shares 155,495$39.5M0.87%+139,218Timeline
LINLINDE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 63,666 shares; 2025Q1: 66,056 shares 66,056$30.8M0.68%+2,390Timeline
KYNKAYNE ANDERSON ENERGY INFRSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,614,122 shares; 2024Q4: 1,614,122 shares; 2025Q1: 1,614,122 shares 1,614,122$20.7M0.46%0Timeline
KGSKODIAK GAS SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 93,483 shares; 2024Q4: 43,545 shares; 2025Q1: 509,073 shares 509,073$19M0.42%+465,528Timeline
XELXCEL ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 224,082 shares; 2024Q4: 234,178 shares; 2025Q1: 190,758 shares 190,758$13.5M0.3%-43,420Timeline
PG&E CORPPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 300,000 shares; 2025Q1: 299,994 shares 299,994$13.4M0.3%-6
PAGPPLAINS GP HLDGS L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,690,659 shares; 2024Q4: 782,092 shares; 2025Q1: 581,933 shares 581,933$12.4M0.27%-200,159Timeline
EXCEXELON CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 183,844 shares; 2024Q4: 214,544 shares; 2025Q1: 264,882 shares 264,882$12.2M0.27%+50,338Timeline
PPLPPL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 275,254 shares 275,254$9.94M0.22%newTimeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 619,630 shares; 2024Q4: 813,660 shares; 2025Q1: 463,495 shares 463,495$7.96M0.18%-350,165Timeline
PEGPUBLIC SVC ENTERPRISE GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 133,102 shares; 2024Q4: 149,931 shares; 2025Q1: 86,468 shares 86,468$7.12M0.16%-63,463Timeline
MTZMASTEC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,078 shares; 2024Q4: 7,078 shares; 2025Q1: 45,816 shares 45,816$5.35M0.12%+38,738Timeline
EVRGEVERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 75,876 shares 75,876$5.23M0.12%newTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 22,203 shares; 2025Q1: 25,673 shares 25,673$5.13M0.11%+3,470Timeline
FSLRFIRST SOLAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,001 shares; 2024Q4: 49,602 shares; 2025Q1: 39,080 shares 39,080$4.94M0.11%-10,522Timeline
NRGNRG ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 42,754 shares 42,754$4.08M0.09%newTimeline
ENPHENPHASE ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 66,026 shares; 2025Q1: 51,747 shares 51,747$3.21M0.07%-14,279Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 24,597 shares 24,597$2.89M0.06%newTimeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,277 shares; 2024Q4: 27,392 shares; 2025Q1: 13,270 shares 13,270$2.68M0.06%-14,122Timeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,503 shares; 2024Q4: 26,270 shares; 2025Q1: 7,904 shares 7,904$2.41M0.05%-18,366Timeline
GLPGLOBAL PARTNERS LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,014 shares; 2024Q4: 35,014 shares; 2025Q1: 35,014 shares 35,014$1.87M0.04%0Timeline
CCJCAMECO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,528 shares; 2024Q4: 28,528 shares; 2025Q1: 40,407 shares 40,407$1.66M0.04%+11,879Timeline
ARRYARRAY TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 326,871 shares 326,871$1.59M0.04%newTimeline
SUNSUNOCO LP/SUNOCO FIN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,431 shares; 2024Q4: 9,431 shares; 2025Q1: 9,431 shares 9,431$548K0.01%0Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC NOTE 1.000%12/0principal12,195,000$8.93M-5,250,000

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
NEXTERA ENERGY INCNEXTERA ENERGY INC505,441$20.7Mshares
BEPBROOKFIELD RENEWABLE ENERGY289,836$6.61Mshares
ARIS WATER SOLUTIONS INCARIS WATER SOLUTIONS INC268,541$6.43Mshares
CWENCLEARWAY ENERGY INC238,328$6.2Mshares
RNWRENEW ENERGY GLOBAL PLC663,603$4.53Mshares
RUNSUNRUN INC328,569$3.04Mshares
NEENEXTERA ENERGY INC40,000$1.95Mshares
SOBOSOUTH BOW CORP71,882$1.69Mshares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001140361-25-017304 base2025-05-05acceptance time not in the bulk data set