MEKETA INVESTMENT GROUP INC /ADV

Portfolio Overview

MEKETA INVESTMENT GROUP INC /ADV disclosed 28 positions worth $29.6M in its Form 13F-HR for Q4 2025, led by $CG (Carlyle Group Inc.) at 5.7% of the equity portfolio, followed by $APO and $NEE. The portfolio is most concentrated in Financials (39.4% of disclosed assets). All figures are sourced directly from MEKETA INVESTMENT GROUP INC /ADV’s Form 13F-HR filing with the SEC under CIK 310436.

• 

  Carlyle Group Inc.

  $CG

  59.4#904

  Quality

  $1.7M28,398 sh
• 

  Apollo Global Management, Inc.

  $APO

  51.8#1,467

  Quality

  $1.6M11,034 sh
• 

  NEXTERA ENERGY INC

  $NEE

  64.4#529

  Quality

  $1.6M19,809 sh
• 

  Blackstone Inc.

  $BX

  74.2

  Quality

  $1.6M10,267 sh
• 

  KKR & Co. Inc.

  $KKR

  54.0

  Quality

  $1.5M11,521 sh
• 

  UNION PACIFIC CORP

  $UNP

  69.5

  Quality

  $1.5M6,333 sh
• 

  Ares Management Corp

  $ARES

  60.7

  Quality

  $1.4M8,931 sh
• 

  SEMPRA

  $SRE

  41.6

  Quality

  $1.4M16,069 sh
• 

  ATMOS ENERGY CORP

  $ATO

  57.3

  Quality

  $1.4M8,156 sh
• 

  DOMINION ENERGY, INC

  $D

  69.6

  Quality

  $1.3M21,944 sh

Company	Quality	Value	Shares
Carlyle Group Inc.$CG	59.4#904	$1.7M	28,398
Apollo Global Management, Inc.$APO	51.8#1,467	$1.6M	11,034
NEXTERA ENERGY INC$NEE	64.4#529	$1.6M	19,809
Blackstone Inc.$BX	74.2	$1.6M	10,267
KKR & Co. Inc.$KKR	54.0	$1.5M	11,521
UNION PACIFIC CORP$UNP	69.5	$1.5M	6,333
Ares Management Corp$ARES	60.7	$1.4M	8,931
SEMPRA$SRE	41.6	$1.4M	16,069
ATMOS ENERGY CORP$ATO	57.3	$1.4M	8,156
DOMINION ENERGY, INC$D	69.6	$1.3M	21,944

Showing top 10 of 28 holdings.

Full Holdings — MEKETA INVESTMENT GROUP INC /ADV (Q4 2025)

All 28 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$CG	Carlyle Group Inc.	$1.7M	5.7%	+0%	59.4
2	$APO	Apollo Global Management, Inc.	$1.6M	5.4%	+0%	51.8
3	$NEE	NEXTERA ENERGY INC	$1.6M	5.4%	+0%	64.4
4	$BX	Blackstone Inc.	$1.6M	5.3%	+0%	74.2
5	$KKR	KKR & Co. Inc.	$1.5M	5.0%	+0%	54
6	$UNP	UNION PACIFIC CORP	$1.5M	5.0%	+0%	69.5
7	$ARES	Ares Management Corp	$1.4M	4.9%	+0%	60.7
8	$SRE	SEMPRA	$1.4M	4.8%	+0%	41.6
9	$ATO	ATMOS ENERGY CORP	$1.4M	4.6%	+0%	57.3
10	$D	DOMINION ENERGY, INC	$1.3M	4.3%	+0%	69.6
11	$AMT	AMERICAN TOWER CORP /MA/	$1.2M	4.2%	+0%	66.3
12	$CCI	CROWN CASTLE INC.	$1.2M	4.0%	+0%	61.7
13	$BAM	Brookfield Asset Management Ltd.	$1.2M	4.0%	+0%	—
14	$AWK	American Water Works Company, Inc.	$1.1M	3.6%	+0%	57.8
15	$SO	SOUTHERN CO	$1.1M	3.6%	+0%	61.7
16	$SBAC	SBA COMMUNICATIONS CORP	$1.1M	3.6%	+0%	63.7
17	$TPG	TPG Inc.	$956,323	3.2%	+0%	71.6
18	$STEP	StepStone Group Inc.	$921,674	3.1%	+0%	44.9
19	$HLNE	Hamilton Lane INC	$837,423	2.8%	+0%	70.8
20	$CSX	CSX CORP	$739,283	2.5%	+0%	64.9
21	$WMB	WILLIAMS COMPANIES, INC.	$689,041	2.3%	+0%	64
22	$BN	BROOKFIELD Corp /ON/	$668,939	2.3%	+50%	—
23	$OBDC	Blue Owl Capital Corp	$634,293	2.1%	+0%	—
24	$KMI	KINDER MORGAN, INC.	$568,081	1.9%	+0%	71.1
25	$OKE	ONEOK INC /NEW/	$565,436	1.9%	+0%	71.5
26	$NSC	NORFOLK SOUTHERN CORP	$540,773	1.8%	+0%	62.9
27	$LNG	Cheniere Energy, Inc.	$525,436	1.8%	+0%	66.3
28	—	ISHARES TR - GLB INFRASTR ETF	$246,422	0.8%	-7%	—