Fractal Investments LLC

Glastonbury, CT · CIK 1843590 · 13F filing filed 2026-07-23

SEC-registered investment adviser since 2021 · limited liability company

Assets managed$734.7m
Staff2 · 2 in investment roles
Main clients (by assets)Insurers 100%
Websitefractalinvestments.net
Form ADV · 2026-03-12SEC adviser record

Legal entityFRACTAL INVESTMENTS LLC (US)

Kindinstitutions
Others nearbyGlastonbury, CT

$866.9m reported value +2.6% vs Q1 2026

80positions

76.3%in top 10

10 new 13 added 4 reduced 11 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	5,471,353	$104.6m12.07%	12.07%	Added +651.1k	+651,138 13.5%
2	MPLX LP COM UNIT REP LTD MPLX	MPLX	1,668,116	$94.0m10.84%	10.84%	Reduced -383.2k	-383,185 -18.7%
3	PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN PAA	PAA	3,625,784	$80.7m9.31%	9.31%	Unchanged
4	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	1,837,044	$67.5m7.79%	7.79%	Unchanged
5	WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT WES	WES	1,524,646	$66.7m7.70%	7.70%	Reduced -53.2k	-53,160 -3.4%
6	WILLIAMS COS INC COM WMB	WMB	840,072	$62.5m7.20%	7.20%	Added +26.1k	+26,072 3.2%
7	TARGA RES CORP COM TRGP	TRGP	193,089	$51.8m5.97%	5.97%	Added +34.7k	+34,665 21.9%
8	SUNOCO LP/SUNOCO FIN CORP COM UT REP LP SUN	SUN	682,002	$46.0m5.31%	5.31%	Added +65.5k	+65,460 10.6%
9	TC ENERGY CORP COM TRP	TRP	670,000	$44.4m5.12%	5.12%	Added +21.0k	+21,000 3.2%
10	HESS MIDSTREAM LP CL A SHS HESM	HESM	1,160,420	$43.6m5.03%	5.03%	Reduced -24.8k	-24,800 -2.1%
11	DT MIDSTREAM INC COMMON STOCK DTM	DTM	230,999	$33.9m3.91%	3.91%	Unchanged
12	KINDER MORGAN INC DEL COM KMI	KMI	1,046,638	$33.5m3.86%	3.86%	Unchanged
13	CHENIERE ENERGY INC COM NEW LNG	LNG	77,685	$18.6m2.14%	2.14%	Added +10.3k	+10,300 15.3%
14	ONEOK INC NEW COM OKE	OKE	156,630	$13.6m1.57%	1.57%	Unchanged
15	NGL ENERGY PARTNERS LP COM UNIT REPST NGL	NGL	832,479	$13.3m1.53%	1.53%	Unchanged
16	CHENIERE ENERGY PARTNERS LP COM UNIT CQP	CQP	194,126	$11.8m1.36%	1.36%	Unchanged
17	GLOBAL PARTNERS LP COM UNITS GLP	GLP	195,234	$9.1m1.05%	1.05%	Unchanged
18	SANDISK CORP COM SNDK	SNDK	3,400	$7.7m0.89%	0.89%	Reduced -1.0k	-1,000 -22.7%
19	ANTERO MIDSTREAM CORP COM AM	AM	233,383	$5.3m0.61%	0.61%	Added +43.0k	+43,000 22.6%
20	GENESIS ENERGY L P UNIT LTD PARTN GEL	GEL	343,243	$4.9m0.56%	0.56%	Unchanged
21	GE VERNOVA INC COM GEV	GEV	3,949	$4.6m0.54%	0.54%	Unchanged
22	SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN SPH	SPH	214,864	$3.7m0.42%	0.42%	Unchanged
23	ENBRIDGE INC COM ENB	ENB	67,500	$3.7m0.42%	0.42%	Unchanged
24	QNITY ELECTRONICS INC COMMON STOCK Q	Q	20,000	$3.3m0.38%	0.38%	Added +3.0k	+3,000 17.6%
25	SOLSTICE ADVANCED MATLS INC COM SHS SOLS	SOLS	28,100	$2.5m0.29%	0.29%	Added +3.0k	+3,000 11.9%
26	WESTLAKE CHEM PARTNERS LP COM UNIT RP LP WLKP	WLKP	80,400	$1.8m0.21%	0.21%	Unchanged
27	CATERPILLAR INC COM CAT	CAT	1,342	$1.4m0.16%	0.16%	Added +900	+900 203.6%
28	NEWMONT CORP COM NEM	NEM	15,218	$1.4m0.16%	0.16%	Unchanged
29	CRANE COMPANY COMMON STOCK CR	CR	6,300	$1.4m0.16%	0.16%	Added +1.4k	+1,400 28.6%
30	KINETIK HOLDINGS INC COM NEW CL A KNTK	KNTK	27,502	$1.3m0.15%	0.15%	Unchanged
31	EXXON MOBIL CORP COM XOM	XOM	9,710	$1.3m0.15%	0.15%	Unchanged
32	SUMMIT MIDSTREAM CORPORATION COM SMC	SMC	45,000	$1.3m0.15%	0.15%	Unchanged
33	PHINIA INC COMMON STOCK PHIN	PHIN	14,900	$1.2m0.14%	0.14%	Unchanged
34	CF INDS HLDGS INC COM CF	CF	10,300	$1.1m0.13%	0.13%	Unchanged
35	EVERUS CONSTR GROUP COM ECG	ECG	6,400	$1.1m0.12%	0.12%	Added +1.5k	+1,500 30.6%
36	FREEPORT-MCMORAN INC CL B FCX	FCX	15,068	$947.6k0.11%	0.11%	Unchanged
37	SHELL PLC SPON ADS SHEL	SHEL	11,588	$898.5k0.10%	0.10%	Unchanged
38	SUNCOR ENERGY INC NEW COM SU	SU	16,400	$880.4k0.10%	0.10%	Unchanged
39	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	2,500	$875.2k0.10%	0.10%	New
40	VERALTO CORP COM SHS VLTO	VLTO	8,800	$780.4k0.09%	0.09%	Unchanged
41	RIO TINTO PLC SPONSORED ADR RIO	RIO	8,200	$778.4k0.09%	0.09%	Unchanged
42	SOUTHERN COPPER CORP COM SCCO	SCCO	4,419	$770.1k0.09%	0.09%	Added +43	+43 1.0%
43	BHP GROUP LTD SPONSORED ADS BHP	BHP	9,000	$749.8k0.09%	0.09%	Unchanged
44	AGNICO EAGLE MINES LTD COM AEM	AEM	4,809	$746.0k0.09%	0.09%	Unchanged
45	RALLIANT CORP COM RAL	RAL	10,000	$736.3k0.08%	0.08%	New
46	PARKER-HANNIFIN CORP COM PH	PH	730	$714.0k0.08%	0.08%	Unchanged
47	CHEVRON CORP NEW COM CVX	CVX	4,200	$696.2k0.08%	0.08%	Unchanged
48	STEEL DYNAMICS INC COM STLD	STLD	2,694	$618.2k0.07%	0.07%	Unchanged
49	MUELLER INDS INC COM MLI	MLI	4,926	$605.6k0.07%	0.07%	Unchanged
50	BARRICK MNG CORP COM SHS B	B	16,400	$602.4k0.07%	0.07%	Unchanged
51	CONCENTRA GROUP HOLDINGS PAR COMMON STOCK CON	CON	20,000	$595.0k0.07%	0.07%	New
52	MARATHON PETE CORP COM MPC	MPC	2,291	$585.7k0.07%	0.07%	Unchanged
53	NCR ATLEOS CORPORATION COM SHS NATL	NATL	12,700	$551.3k0.06%	0.06%	Unchanged
54	DELEK LOGISTICS PARTNERS LP COM UNT RP INT DKL	DKL	10,559	$544.2k0.06%	0.06%	Unchanged
55	LIBERTY LIVE HOLDINGS INC COM SHS SER C LLYVK	LLYVK	5,143	$543.3k0.06%	0.06%	Unchanged
56	FORTIVE CORP COM FTV	FTV	8,400	$513.2k0.06%	0.06%	Unchanged
57	SPHERE ENTERTAINMENT CO CL A SPHR	SPHR	2,900	$501.8k0.06%	0.06%	New
58	CONSTELLATION ENERGY CORP COM CEG	CEG	1,985	$493.0k0.06%	0.06%	Unchanged
59	CONOCOPHILLIPS COM COP	COP	4,492	$467.0k0.05%	0.05%	Unchanged
60	ENI S P A SPONSORED ADR E	E	9,186	$430.5k0.05%	0.05%	Unchanged
61	IMPERIAL OIL LTD COM NEW IMO	IMO	3,710	$415.6k0.05%	0.05%	Unchanged
62	TRANE TECHNOLOGIES PLC SHS TT	TT	800	$392.9k0.05%	0.05%	Unchanged
63	COMMERCIAL METALS CO COM CMC	CMC	6,200	$389.1k0.04%	0.04%	Unchanged
64	RELIANCE INC COM RS	RS	1,000	$373.6k0.04%	0.04%	Unchanged
65	VALERO ENERGY CORP COM VLO	VLO	1,360	$354.2k0.04%	0.04%	Unchanged
66	PROLOGIS INC. COM PLD	PLD	2,400	$325.1k0.04%	0.04%	Unchanged
67	HF SINCLAIR CORP COM DINO	DINO	4,600	$320.4k0.04%	0.04%	Unchanged
68	KIRBY CORP COM KEX	KEX	2,200	$299.1k0.03%	0.03%	New
69	FORTREA HLDGS INC COMMON STOCK FTRE	FTRE	17,000	$295.8k0.03%	0.03%	New
70	ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH MT	MT	4,800	$289.1k0.03%	0.03%	Unchanged
71	ATRIUM THERAPEUTICS INC COM RNA	RNA	20,000	$269.0k0.03%	0.03%	Unchanged
72	VERSIGENT PLC ORDINARY SHARES VGNT	VGNT	6,000	$252.1k0.03%	0.03%	New
73	PAN AMERN SILVER CORP COM PAAS	PAAS	5,567	$249.3k0.03%	0.03%	Unchanged
74	GE AEROSPACE COM NEW GE	GE	660	$246.7k0.03%	0.03%	New
75	HALLIBURTON CO COM HAL	HAL	7,200	$244.4k0.03%	0.03%	Unchanged
76	TRANSOCEAN LTD REGISTERED SHS RIG	RIG	48,000	$234.7k0.03%	0.03%	New
77	BAKER HUGHES COMPANY CL A BKR	BKR	3,900	$216.4k0.02%	0.02%	Unchanged
78	GREIF INC CL A GEF	GEF	2,800	$208.6k0.02%	0.02%	New
79	FTAI INFRASTRUCTURE INC COMMON STOCK FIP	FIP	33,000	$153.1k0.02%	0.02%	Unchanged
80	GERDAU SA SPON ADR REP PFD GGB	GGB	33,264	$134.4k0.02%	0.02%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
GE HEALTHCARE TECHNOLOGIES I GEHC	GEHC	12,601	$896.9k12.6k shares
NUTRIEN LTD NTR	NTR	7,700	$581.0k7.7k shares
ESAB CORPORATION ESAB	ESAB	5,777	$558.4k5.8k shares
SPDR GOLD TR GLD	GLD	1,083	$466.0k1.1k shares
INGREDION INC INGR	INGR	3,285	$370.1k3.3k shares
CARRIER GLOBAL CORPORATION CARR	CARR	6,030	$339.5k6.0k shares
APA CORPORATION APA	APA	7,862	$333.7k7.9k shares
MILLROSE PPTYS INC MRP	MRP	9,000	$252.0k9.0k shares
COTERRA ENERGY INC CTRA	CTRA	6,409	$225.2k6.4k shares
ITRON INC ITRI	ITRI	2,400	$215.1k2.4k shares
ICL GROUP LTD ICL	ICL	36,500	$189.1k36.5k shares