Chickasaw Capital Management 13F annual report
Chickasaw Capital Management is an investment fund managing more than $2.25 billion ran by Jeffrey Gammill. There are currently 98 companies in Mr. Gammill’s portfolio. The largest investments include Targa Resources Corp and Western Midstream Partners LP, together worth $552 million.
$2.25 billion Assets Under Management (AUM)
As of 1st July 2024, Chickasaw Capital Management’s top holding is 2,217,566 shares of Targa Resources Corp currently worth over $286 million and making up 12.7% of the portfolio value.
Relative to the number of outstanding shares of Targa Resources Corp, Chickasaw Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 6,711,006 shares of Western Midstream Partners LP worth $267 million, whose value grew 44.2% in the past six months.
The third-largest holding is Energy Transfer Lp worth $241 million and the next is MPLX LP worth $236 million, with 5,545,393 shares owned.
Currently, Chickasaw Capital Management's portfolio is worth at least $2.25 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Chickasaw Capital Management
The Chickasaw Capital Management office and employees reside in Memphis, Tennessee. According to the last 13-F report filed with the SEC, Jeffrey Gammill serves as the Chief Compliance Officer at Chickasaw Capital Management.
Recent trades
In the most recent 13F filing, Chickasaw Capital Management revealed that it had opened a new position in
Sunoco LP and bought 57,600 shares worth $3.26 million.
This means they effectively own approximately 0.1% of the company.
Sunoco LP makes up
0.2%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Western Midstream Partners LP by buying
37,259 additional shares.
This makes their stake in Western Midstream Partners LP total 6,711,006 shares worth $267 million.
Western Midstream Partners LP dropped approximately 0.1% in the past year.
On the other hand, there are companies that Chickasaw Capital Management is getting rid of from its portfolio.
Chickasaw Capital Management closed its position in Nustar Energy Lp on 8th July 2024.
It sold the previously owned 147,000 shares for $3.42 million.
Jeffrey Gammill also disclosed a decreased stake in Targa Resources Corp by approximately 0.1%.
This leaves the value of the investment at $286 million and 2,217,566 shares.
One of the smallest hedge funds
The two most similar investment funds to Chickasaw Capital Management are Wedbush Securities Inc and Strategic Wealth Advisors. They manage $2.26 billion and $2.25 billion respectively.
Jeffrey Gammill investment strategy
Chickasaw Capital Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Energy — making up 61.4% of
the total portfolio value.
The fund focuses on investments in the United States as
58.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
52% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $191 billion.
The complete list of Chickasaw Capital Management trades based on 13F SEC filings
These positions were updated on July 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Targa Resources Corp |
0.52%
2,217,566
|
$285,578,000 | 12.67% |
| Western Midstream Partners LP |
0.56%
6,711,006
|
$266,628,000 | 11.83% |
| Energy Transfer Lp |
2.94%
14,883,956
|
$241,418,000 | 10.71% |
| MPLX LP |
2.51%
5,545,393
|
$236,178,000 | 10.48% |
| Enlink Midstream LLC |
5.49%
14,602,011
|
$200,924,000 | 8.91% |
| Enterprise Products Partners L |
1.62%
5,517,617
|
$159,901,000 | 7.09% |
| Oneok Inc. |
0.88%
1,749,070
|
$142,637,000 | 6.33% |
| Plains Gp Holdings |
3.65%
6,615,106
|
$124,496,000 | 5.52% |
| Cheniere Energy Inc. |
10.81%
546,497
|
$95,544,000 | 4.24% |
| Plains All American Pipeline L |
0.81%
4,097,706
|
$73,185,000 | 3.25% |
| Williams Cos Inc |
0.60%
1,654,518
|
$70,317,000 | 3.12% |
| Genesis Energy Lp |
6.52%
4,291,499
|
$61,411,000 | 2.72% |
| Antero Midstream Corp |
5.16%
2,105,035
|
$31,028,000 | 1.38% |
| Kinetik Holdings Inc Cl A |
0.69%
687,978
|
$28,510,000 | 1.26% |
| Apple Inc |
1.51%
130,917
|
$27,574,000 | 1.22% |
| Kinder Morgan Inc |
5.46%
1,036,101
|
$20,587,000 | 0.91% |
| Phillips 66 |
2.20%
145,341
|
$20,518,000 | 0.91% |
| Dt Midstream Inc Common Stock |
3.80%
243,060
|
$17,265,000 | 0.77% |
| Microsoft Corporation |
3.09%
27,796
|
$12,423,000 | 0.55% |
| Maingate Mlp Fund Class I |
0.22%
1,170,984
|
$10,796,000 | 0.48% |
| KKR & Co. Inc |
0.04%
102,263
|
$10,762,000 | 0.48% |
| Visa Inc |
0.80%
28,672
|
$7,526,000 | 0.33% |
| NVIDIA Corp |
905.91%
60,576
|
$7,484,000 | 0.33% |
| Wal Mart Stores Inc |
0.22%
91,966
|
$6,227,000 | 0.28% |
| Enbridge Inc |
2.39%
172,221
|
$6,129,000 | 0.27% |
| Amazon.com Inc. |
0.49%
30,009
|
$5,799,000 | 0.26% |
| Autozone Inc. |
0.93%
1,949
|
$5,777,000 | 0.26% |
| Mastercard Incorporated |
0.90%
12,165
|
$5,367,000 | 0.24% |
| Oakworth Cap Inc |
No change
197,699
|
$5,288,000 | 0.23% |
| Alphabet Inc Cap Stock Cl A |
0.88%
22,843
|
$4,161,000 | 0.18% |
| Nustar Energy Lp |
Closed
147,000
|
$3,421,000 | |
| Sunoco LP |
Opened
57,600
|
$3,257,000 | 0.14% |
| Alphabet Inc Cap Stock Cl C |
0.20%
17,145
|
$3,145,000 | 0.14% |
| Meta Platforms Inc |
2.59%
5,983
|
$3,017,000 | 0.13% |
| Oracle Corp. |
7.65%
20,617
|
$2,911,000 | 0.13% |
| Coca-Cola Co |
0.19%
43,097
|
$2,743,000 | 0.12% |
| Atlanta Braves Hldgs Inc Com S |
0.03%
64,868
|
$2,681,000 | 0.12% |
| Johnson & Johnson |
1.81%
17,907
|
$2,617,000 | 0.12% |
| Salesforce.com Inc |
1.25%
8,295
|
$2,133,000 | 0.09% |
| Exxon Mobil Corp. |
20.59%
15,969
|
$1,838,000 | 0.08% |
| Blackstone Group Inc Cl A |
0.09%
14,049
|
$1,739,000 | 0.08% |
| Hancock Whitney Corp. |
10.43%
35,623
|
$1,704,000 | 0.08% |
| Procter & Gamble Co. |
2.52%
9,851
|
$1,625,000 | 0.07% |
| Spdr S&p 500 Etf Tr |
6.73%
2,981
|
$1,622,000 | 0.07% |
| General Electric Co New |
0.62%
9,971
|
$1,585,000 | 0.07% |
| Philip Morris International Inc |
4.40%
15,200
|
$1,540,000 | 0.07% |
| Starbucks Corp. |
0.90%
18,515
|
$1,441,000 | 0.06% |
| Brown-Forman Corporation |
1.66%
32,640
|
$1,410,000 | 0.06% |
| Hca Inc |
1.87%
4,304
|
$1,383,000 | 0.06% |
| Nike, Inc. |
0.50%
17,059
|
$1,286,000 | 0.06% |
| Lululemon Athletica inc. |
6.27%
4,189
|
$1,251,000 | 0.06% |
| Target Corp |
0.58%
7,799
|
$1,155,000 | 0.05% |
| Chevron Corp. |
2.01%
7,318
|
$1,145,000 | 0.05% |
| Intel Corp. |
No change
33,625
|
$1,041,000 | 0.05% |
| Unitedhealth Group Inc |
0.26%
1,948
|
$992,000 | 0.04% |
| Digital World Acquisition Corp |
No change
29,000
|
$950,000 | 0.04% |
| Sherwin-Williams Co. |
2.55%
3,021
|
$902,000 | 0.04% |
| Samsung Electronic Krw |
No change
15,000
|
$888,000 | 0.04% |
| Colgate-Palmolive Co. |
0.17%
8,648
|
$839,000 | 0.04% |
| Pepsico Inc |
0.98%
4,635
|
$764,000 | 0.03% |
| Costco Wholesale Corp |
1.28%
790
|
$671,000 | 0.03% |
| Dominion Energy Inc |
25.65%
13,544
|
$664,000 | 0.03% |
| Vanguard 500 Index Admir |
25.58%
1,280
|
$645,000 | 0.03% |
| Caterpillar Inc. |
No change
1,500
|
$500,000 | 0.02% |
| Boeing Co. |
No change
2,545
|
$463,000 | 0.02% |
| Mgic Inv Corp Wi |
No change
21,500
|
$463,000 | 0.02% |
| Nestle Sa Nom |
No change
4,250
|
$435,000 | 0.02% |
| Ge Vernova Inc |
Opened
2,502
|
$429,000 | 0.02% |
| Banco Bilbao Vizcaya Argentari |
2.91%
42,654
|
$428,000 | 0.02% |
| Marathon Petroleum Corp |
No change
2,315
|
$402,000 | 0.02% |
| Medifast Inc |
No change
18,198
|
$397,000 | 0.02% |
| Rentokil Initial Gbp |
No change
64,350
|
$375,000 | 0.02% |
| JPMorgan Chase & Co. |
No change
1,826
|
$369,000 | 0.02% |
| Cadence Bank Com |
Opened
13,057
|
$369,000 | 0.02% |
| Hess Midstream LP |
No change
10,000
|
$364,000 | 0.02% |
| Dow Inc |
No change
6,752
|
$358,000 | 0.02% |
| Merck & Co Inc |
No change
2,757
|
$341,000 | 0.02% |
| Pembina Pipeline Corporation |
No change
9,000
|
$334,000 | 0.01% |
| DuPont de Nemours Inc |
No change
4,133
|
$333,000 | 0.01% |
| Home Depot, Inc. |
6.80%
943
|
$325,000 | 0.01% |
| Hf Sinclair Corporation Com |
14.29%
6,000
|
$320,000 | 0.01% |
| Bank of America Corporation |
No change
7,500
|
$298,000 | 0.01% |
| Antero Resources Corp |
No change
9,040
|
$295,000 | 0.01% |
| Mid-america Apt Communities In |
No change
2,000
|
$285,000 | 0.01% |
| Apollo Global Mgmt Inc |
No change
2,328
|
$275,000 | 0.01% |
| Comstock Resources, Inc. |
No change
25,000
|
$259,000 | 0.01% |
| Coinbase Global Inc Cl A |
No change
1,158
|
$257,000 | 0.01% |
| Humana Inc. |
No change
666
|
$249,000 | 0.01% |
| International Business Machine |
Closed
1,271
|
$243,000 | |
| Alps Etf Tr Alerian Mlp |
4.35%
4,680
|
$225,000 | 0.01% |
| Corteva Inc |
No change
4,052
|
$219,000 | 0.01% |
| First Horizon Natl Corp |
No change
13,849
|
$218,000 | 0.01% |
| Akamai Technologies Inc |
Closed
2,000
|
$218,000 | |
| Fiserv, Inc. |
3.67%
1,414
|
$211,000 | 0.01% |
| Pfizer Inc. |
No change
7,460
|
$209,000 | 0.01% |
| Columbia Acorn Tr Fund Cl A |
No change
27,155
|
$209,000 | 0.01% |
| Ge Healthcare Technologies Inc |
No change
2,664
|
$208,000 | 0.01% |
| SLM Corp. |
Closed
9,500
|
$207,000 | |
| The Southern Co. |
Opened
2,652
|
$206,000 | 0.01% |
| Chesapeake Energy Corp. |
Opened
2,500
|
$205,000 | 0.01% |
| EQT Corp |
No change
5,500
|
$203,000 | 0.01% |
| Stem Inc |
Opened
10,000
|
$11,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 102 holdings | |||
Hedge funds similar to Chickasaw Capital Management
- Columbus Circle Investors
- A.p. Gilfoyle & Co., L.P.
- Palladium Partners
- Sullivan, Bruyette, Speros & Blaney
- Himalaya Capital Management
- Shell Asset Management Co
- Wedbush Securities Inc
- Strategic Wealth Advisors
- Ingalls & Snyder
- Omni Partners Us
- Twinbeech Capital L.P.
- Highstreet Asset Management
- Virtu Kcg
- Alleghany Corp de