Kayne Anderson Capital Advisors, L.P. is an SEC-registered investment adviser based in Houston, TX that reports managing 20 hedge funds on Form ADV. It reports $34.1 billion in regulatory assets under management. Its private funds, of all types, hold $36.4 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +18.2% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +37.7% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $34.1 billionForm ADV Item 5.F
- Gross assets of private funds
- $36.4 billionAll private fund types, Form ADV
- Hedge funds managed
- 2082 private funds in total
- Employees
- 310Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 104536
- Latest Form ADV
- 08/06/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | -1.3% | +14.8% |
| Q1 2026 | +19.7% | -4.6% |
| Q4 2025 | -2.6% | +2.4% |
| Q3 2025 | -0.5% | +7.8% |
| Q2 2025 | -2.3% | +10.4% |
| Q1 2025 | +5.1% | -4.5% |
| Q4 2024 | +10.4% | +2.1% |
| Q3 2024 | +6.2% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Williams Cos Inc$500.3 million
- Enterprise Prods Partners L P Com$473.1 million
- Energy Transfer LP$462.1 million
- Cheniere Energy Inc$456.2 million
- Oneok Inc New Com$336.0 million
- Mplx LP$330.3 million
- Kinder Morgan Inc Del$297.7 million
- Enbridge Inc.$272.6 million
- Targa Res$260.3 million
- TC Energy Corp$260.0 million
As of 2026-06-30, from 13F filing by Kayne Anderson Capital Advisors LP.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures