# EDGAR Filing Document

**Accession Number:** 0001843590
**File Stem:** 0002085853-25-000171
**Filing Date:** 2025-10
**Character Count:** 11230
**Document Hash:** a7e935cfa02a710d232e90413aba1b7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-25-000171.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0002085853-25-000171

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**EFFECTIVENESS DATE**: 20251027

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fractal Investments LLC
- **CENTRAL INDEX KEY:** 0001843590

**ORGANIZATION NAME:**
- **EIN:** 853755400
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21677
- **FILM NUMBER:** 251418574

**BUSINESS ADDRESS:**
- **STREET 1:** 226 KNOLLWOOD DRIVE
- **CITY:** GLASTONBURY
- **STATE:** CT
- **ZIP:** 06033
- **BUSINESS PHONE:** 860-839-0257

**MAIL ADDRESS:**
- **STREET 1:** 226 KNOLLWOOD DRIVE
- **CITY:** GLASTONBURY
- **STATE:** CT
- **ZIP:** 06033

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Fractal Investments LLC<br>**Address:** 226 Knollwood Drive<br>Glastonbury, CT 06033

**Form 13F File Number:** 028-21677

**CRD Number (if applicable):** 000311767

**SEC File Number (if applicable):** 801-120179

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Chun Cao<br>**Title:** CCO<br>**Phone:** 860-839-0257

**Signature, Place, and Date of Signing:**

/s/ Chun Cao  Glastonbury, CT  10-27-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 77

**Form 13F Information Table Value Total:** $692667652

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 387950 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 810605 | 4809 | SH |  | SOLE |  | 4809 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 432926 | 52925 | SH |  | SOLE |  | 52925 | 0 | 0 |
| ARAMARK | COM | 03852U106 |  | 645120 | 16800 | SH |  | SOLE |  | 16800 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 537428 | 16400 | SH |  | SOLE |  | 16400 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 501750 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 359991 | 6030 | SH |  | SOLE |  | 6030 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 210900 | 442 | SH |  | SOLE |  | 442 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 923910 | 10300 | SH |  | SOLE |  | 10300 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 18465903 | 78585 | SH |  | SOLE |  | 78585 | 0 | 0 |
| CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 |  | 10447861 | 194126 | SH |  | SOLE |  | 194126 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 652218 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 355136 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 424898 | 4492 | SH |  | SOLE |  | 4492 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 1809885 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 902286 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| CRANE NXT CO | COM | 224441105 |  | 394372 | 5880 | SH |  | SOLE |  | 5880 | 0 | 0 |
| DELEK LOGISTICS PARTNERS LP | COM UNT RP INT | 24664T103 |  | 480857 | 10559 | SH |  | SOLE |  | 10559 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 26116747 | 230999 | SH |  | SOLE |  | 230999 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 280313 | 749 | SH |  | SOLE |  | 749 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 3406050 | 67500 | SH |  | SOLE |  | 67500 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 82328789 | 4797715 | SH |  | SOLE |  | 4797715 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 57444366 | 1837044 | SH |  | SOLE |  | 1837044 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 645522 | 5777 | SH |  | SOLE |  | 5777 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 420175 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 886328 | 7861 | SH |  | SOLE |  | 7861 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 590967 | 15068 | SH |  | SOLE |  | 15068 | 0 | 0 |
| FTAI INFRASTRUCTURE INC | COMMON STOCK | 35953C106 |  | 143880 | 33000 | SH |  | SOLE |  | 33000 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 946335 | 12601 | SH |  | SOLE |  | 12601 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 3689400 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 |  | 5735591 | 343243 | SH |  | SOLE |  | 343243 | 0 | 0 |
| GERDAU SA | SPON ADR REP PFD | 373737105 |  | 103118 | 33264 | SH |  | SOLE |  | 33264 | 0 | 0 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 9371232 | 195234 | SH |  | SOLE |  | 195234 | 0 | 0 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 |  | 40949351 | 1185220 | SH |  | SOLE |  | 1185220 | 0 | 0 |
| ICL GROUP LTD | SHS | M53213100 |  | 227030 | 36500 | SH |  | SOLE |  | 36500 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 401131 | 3285 | SH |  | SOLE |  | 3285 | 0 | 0 |
| KELLANOVA | COM | 487836108 |  | 295272 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 24194802 | 854638 | SH |  | SOLE |  | 854638 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 1175435 | 27502 | SH |  | SOLE |  | 27502 | 0 | 0 |
| KNIFE RIVER CORP | COMMON STOCK | 498894104 |  | 515183 | 6702 | SH |  | SOLE |  | 6702 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY LIV S C | 531229722 |  | 265989 | 2743 | SH |  | SOLE |  | 2743 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 441567 | 2291 | SH |  | SOLE |  | 2291 | 0 | 0 |
| MASTERBRAND INC | COMMON STOCK | 57638P104 |  | 386250 | 29328 | SH |  | SOLE |  | 29328 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 302490 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 102462485 | 2051301 | SH |  | SOLE |  | 2051301 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 498068 | 4926 | SH |  | SOLE |  | 4926 | 0 | 0 |
| NCR ATLEOS CORPORATION | COM SHS | 63001N106 |  | 499237 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1433270 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 |  | 4994874 | 832479 | SH |  | SOLE |  | 832479 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 252983 | 1868 | SH |  | SOLE |  | 1868 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 452067 | 7700 | SH |  | SOLE |  | 7700 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 15155358 | 207693 | SH |  | SOLE |  | 207693 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 392274 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 215610 | 5567 | SH |  | SOLE |  | 5567 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 553450 | 730 | SH |  | SOLE |  | 730 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 758736 | 13200 | SH |  | SOLE |  | 13200 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 65265725 | 3825658 | SH |  | SOLE |  | 3825658 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 274848 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| RELIANCE INC | COM | 759509102 |  | 280830 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 541282 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| RXO INC | COMMON STOCK | 74982T103 |  | 201217 | 13083 | SH |  | SOLE |  | 13083 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 536475 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 522333 | 4304 | SH |  | SOLE |  | 4304 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 888675 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 375624 | 2694 | SH |  | SOLE |  | 2694 | 0 | 0 |
| SUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 864482104 |  | 4007214 | 214864 | SH |  | SOLE |  | 214864 | 0 | 0 |
| SUMMIT MIDSTREAM CORPORATION | COM | 86614G101 |  | 924300 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 267584 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 30833265 | 616542 | SH |  | SOLE |  | 616542 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 26542357 | 158424 | SH |  | SOLE |  | 158424 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 35312090 | 649000 | SH |  | SOLE |  | 649000 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 337568 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 231554 | 1360 | SH |  | SOLE |  | 1360 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 831558 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 57658311 | 1467506 | SH |  | SOLE |  | 1467506 | 0 | 0 |
| WESTLAKE CHEM PARTNERS LP | COM UNIT RP LP | 960417103 |  | 1687596 | 80400 | SH |  | SOLE |  | 80400 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 37471525 | 591500 | SH |  | SOLE |  | 591500 | 0 | 0 |

---