Heronetta Management, L.P.
•CIK: 1588225•Filing: Q4 2025
**Heronetta Management, L.P.** is a sophisticated multi-strategy fund managing $173M across a diverse portfolio of 25 positions. The firm exhibits a concentrated, value-oriented approach, with top holdings including MPLX ($17.3M) and EPD ($15.9M). Significant allocations are also maintained in WMB ($15.0M), ET ($13.2M), and ENB ($12.4M). This positioning suggests a tactical focus on established infrastructure and cyclical industrial names.
Total AUM
$172.9M
QoQ Performance
-5.3%
Positions
25
Top 10 Concentration
70.8%
Latest Filing
Q4 2025
Top Holdings Allocation
MPLX
EPD
WMB
ET
ENB
OKE
TRP
PPL
MPLX10.0%
EPD9.2%
WMB8.7%
ET7.6%
ENB7.2%
OKE6.0%
TRP5.9%
PPL5.8%
📈 Biggest Buys
No new positions or increases this quarter
📉 Biggest Sells
Sector Breakdown
Other100.0%
Changes from Q3 2025
↓9 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023