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Stock impact report

Cushing Asset Nearly Doubles Number of Kinetik Shares [Yahoo! Finance]

Kinetik Holdings Inc. Class A (KNTK) 
Company Research Source: Yahoo! Finance
It owned over 1.8 million shares valued at $66.5 million as of quarter-end. These 10 stocks could mint the next wave of millionaires › On Jan. 27, Cushing Asset Management, LP dba NXG Investment Management disclosed a buy of 855,000 shares of Kinetik Holdings (NYSE:KNTK) Added 855,000 shares of Kinetik Holdings Quarter-end position value increased by $24.2 million, reflecting both share purchases and price movement Post-trade stake: 1.8 million shares valued at $66.5 million as of quarter-end The position now accounts for 3.8% of the fund's AUM. According to a SEC filing dated Jan. 27, Cushing Asset Management, LP dba NXG Investment Management increased its stake in Kinetik Holdings by 855,000 shares. This buy raises the Kinetik Holdings stake to 3.8% of the fund's 13F reportable assets under management Top holdings after the filing: NYSE:ET: $131.8 million (7.6% of AUM) NYSE:TRGP: $125.7 million (7.2% of AUM) NYSE:MPLX: $100.5 million (5.8% of AUM) NYSE:WMB Show less Read more
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