# Marquard & Bahls AG

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1524341. Source: https://holderbook.com/funds/1524341-marquard-bahls-ag/

- Reported value: $677.0M
- Positions: 2
- Weight of the ten largest: 100.0%
- Filed: 2024-02-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $585.7M | 22,227,566 | 86.5% | 9 |
| TRANSALTA CORP | [TAC](https://holderbook.com/stocks/TAC/) | $91.3M | 10,985,671 | 13.5% | 9 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $677.0M | 2 |
| Q3 2023 | $903.2M | 2 |
| Q2 2023 | $1.2B | 3 |
| Q1 2023 | $1.3B | 3 |
| Q4 2022 | $1.2B | 3 |
| Q3 2022 | $1.3B | 4 |
| Q2 2022 | $1.4B | 4 |
| Q1 2022 | $1.4B | 4 |
| Q4 2021 | $1.2B | 4 |