# EDGAR Filing Document

**Accession Number:** 0001843590
**File Stem:** 0001843590-23-000001
**Filing Date:** 2023-1
**Character Count:** 12679
**Document Hash:** af217296714e5c3ed550159c72868cbd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001843590-23-000001.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001843590-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**EFFECTIVENESS DATE**: 20230124

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fractal Investments LLC
- **CENTRAL INDEX KEY:** 0001843590
- **IRS NUMBER:** 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:** 23548643

**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:** 12-31-2022

**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  01-24-2023<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:** 92

**Form 13F Information Table Value Total:** $419599176

      (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 |
| ADVANSIX INC | COM | 00773T101 |  | 222607 | 5855 | SH |  | SOLE |  | 5855 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 273930 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 280080 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| APARTMENT INCOME REIT CORP | COM | 03750L109 |  | 297159 | 8661 | SH |  | SOLE |  | 8661 | 0 | 0 |
| ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 |  | 912456 | 34800 | SH |  | SOLE |  | 34800 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 931100 | 10028 | SH |  | SOLE |  | 10028 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 710690 | 6266 | SH |  | SOLE |  | 6266 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 |  | 256431 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 213032 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 2440240 | 39327 | SH |  | SOLE |  | 39327 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 |  | 563900 | 5652 | SH |  | SOLE |  | 5652 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 233226 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 861960 | 20896 | SH |  | SOLE |  | 20896 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 692640 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1472597 | 17284 | SH |  | SOLE |  | 17284 | 0 | 0 |
| CHAMPIONX CORPORATION | COM | 15872M104 |  | 771424 | 26610 | SH |  | SOLE |  | 26610 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 12984736 | 86588 | SH |  | SOLE |  | 86588 | 0 | 0 |
| CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 |  | 16229731 | 285383 | SH |  | SOLE |  | 285383 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 394878 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| COMSTOCK RES INC | COM | 205768302 |  | 357831 | 26100 | SH |  | SOLE |  | 26100 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 424800 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 3051834 | 35400 | SH |  | SOLE |  | 35400 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 1712438 | 29133 | SH |  | SOLE |  | 29133 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 211302 | 8600 | SH |  | SOLE |  | 8600 | 0 | 0 |
| CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 226344208 |  | 1836338 | 70116 | SH |  | SOLE |  | 70116 | 0 | 0 |
| DCP MIDSTREAM LP | COM UT LTD PTN | 23311P100 |  | 17479317 | 450614 | SH |  | SOLE |  | 450614 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 257256 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| DELEK LOGISTICS PARTNERS LP | COM UNT RP INT | 24664T103 |  | 482320 | 10659 | SH |  | SOLE |  | 10659 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 246040 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 246204 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 738314 | 14652 | SH |  | SOLE |  | 14652 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 1845131 | 33390 | SH |  | SOLE |  | 33390 | 0 | 0 |
| EMBECTA CORP | COMMON STOCK | 29082K105 |  | 275332 | 10887 | SH |  | SOLE |  | 10887 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 53581311 | 4514011 | SH |  | SOLE |  | 4514011 | 0 | 0 |
| ENLINK MIDSTREAM LLC | COM UNIT REP LTD | 29336T100 |  | 33827669 | 2750217 | SH |  | SOLE |  | 2750217 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 42168538 | 1748281 | SH |  | SOLE |  | 1748281 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 259040 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 209746 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| EQUITRANS MIDSTREAM CORP | COM | 294600101 |  | 168840 | 25200 | SH |  | SOLE |  | 25200 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 202130 | 3146 | SH |  | SOLE |  | 3146 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 1362870 | 35865 | SH |  | SOLE |  | 35865 | 0 | 0 |
| FTAI INFRASTRUCTURE INC | COMMON STOCK | 35953C106 |  | 97350 | 33000 | SH |  | SOLE |  | 33000 | 0 | 0 |
| GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 |  | 2101759 | 205853 | SH |  | SOLE |  | 205853 | 0 | 0 |
| GERDAU SA | SPON ADR REP PFD | 373737105 |  | 822241 | 148419 | SH |  | SOLE |  | 148419 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 729280 | 32000 | SH |  | SOLE |  | 32000 | 0 | 0 |
| HALEON PLC | SPON ADS | 405552100 |  | 334400 | 41800 | SH |  | SOLE |  | 41800 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 283320 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 283640 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 |  | 1479454 | 49447 | SH |  | SOLE |  | 49447 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 259450 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| HOLLY ENERGY PARTNERS L P | COM UT LTD PTN | 435763107 |  | 973008 | 53698 | SH |  | SOLE |  | 53698 | 0 | 0 |
| ICL GROUP LTD | SHS | M53213100 |  | 815496 | 111559 | SH |  | SOLE |  | 111559 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 4275775 | 236492 | SH |  | SOLE |  | 236492 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 36055801 | 718100 | SH |  | SOLE |  | 718100 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 265286 | 9800 | SH |  | SOLE |  | 9800 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 442282 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1191816 | 27167 | SH |  | SOLE |  | 27167 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 47549660 | 1447919 | SH |  | SOLE |  | 1447919 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 246620 | 4180 | SH |  | SOLE |  | 4180 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 514480 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 2069681 | 15702 | SH |  | SOLE |  | 15702 | 0 | 0 |
| NUSTAR ENERGY LP | UNIT COM | 67058H102 |  | 4909136 | 306821 | SH |  | SOLE |  | 306821 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 1935295 | 26500 | SH |  | SOLE |  | 26500 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 602748 | 15668 | SH |  | SOLE |  | 15668 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 239362 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 4047120 | 61600 | SH |  | SOLE |  | 61600 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 703836 | 25200 | SH |  | SOLE |  | 25200 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 736114 | 9400 | SH |  | SOLE |  | 9400 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 1506142 | 14471 | SH |  | SOLE |  | 14471 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 35139562 | 2988058 | SH |  | SOLE |  | 2988058 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 780112 | 7730 | SH |  | SOLE |  | 7730 | 0 | 0 |
| RELIANCE STEEL  ALUMINUM CO | COM | 759509102 |  | 465612 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 1772951 | 24901 | SH |  | SOLE |  | 24901 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 497470 | 46667 | SH |  | SOLE |  | 46667 | 0 | 0 |
| SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 |  | 502992 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 276647 | 4581 | SH |  | SOLE |  | 4581 | 0 | 0 |
| STANDEX INTL CORP | COM | 854231107 |  | 232368 | 2269 | SH |  | SOLE |  | 2269 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 2117354 | 21672 | SH |  | SOLE |  | 21672 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 299461 | 34700 | SH |  | SOLE |  | 34700 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 203072 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 13125998 | 178585 | SH |  | SOLE |  | 178585 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 3089894 | 81700 | SH |  | SOLE |  | 81700 | 0 | 0 |
| UNITED STATES STL CORP NEW | COM | 912909108 |  | 919335 | 36700 | SH |  | SOLE |  | 36700 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 638072 | 37600 | SH |  | SOLE |  | 37600 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 253720 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 34691006 | 1292030 | SH |  | SOLE |  | 1292030 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 699980 | 22580 | SH |  | SOLE |  | 22580 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 256912 | 6574 | SH |  | SOLE |  | 6574 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 5733154 | 174260 | SH |  | SOLE |  | 174260 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 265342 | 10960 | SH |  | SOLE |  | 10960 | 0 | 0 |
| WORTHINGTON INDS INC | COM | 981811102 |  | 345882 | 6958 | SH |  | SOLE |  | 6958 | 0 | 0 |
| YAMANA GOLD INC | COM | 98462Y100 |  | 134310 | 24200 | SH |  | SOLE |  | 24200 | 0 | 0 |

---