# EDGAR Filing Document

**Accession Number:** 0001621802
**File Stem:** 0000919574-23-001157
**Filing Date:** 2023-2
**Character Count:** 14024
**Document Hash:** ae1234005b6424caafcfd094f78946c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-23-001157.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0000919574-23-001157

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INFRASTRUCTURE CAPITAL ADVISORS, LLC
- **CENTRAL INDEX KEY:** 0001621802
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17986
- **FILM NUMBER:** 23620201

**BUSINESS ADDRESS:**
- **STREET 1:** 1325 AVENUE OF THE AMERICAS
- **STREET 2:** 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-763-8336

**MAIL ADDRESS:**
- **STREET 1:** 1325 AVENUE OF THE AMERICAS
- **STREET 2:** 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

### 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:** INFRASTRUCTURE CAPITAL ADVISORS LLC<br>**Address:** 1325 Avenue Of The Americas<br>28th Floor<br>New York, NY 10019

**Form 13F File Number:** 028-17986

**CRD Number (if applicable):** 000166459

**SEC File Number (if applicable):** 801-79940

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:** Samuel Caffrey-Agoglia<br>**Title:** General Counsel Chief Compliance Officer<br>**Phone:** 212-763-8335

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

/s/ Samuel Caffrey-Agoglia  New York, NY  02-13-2023<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:** 1

**Form 13F Information Table Entry Total:** 101

**Form 13F Information Table Value Total:** $670793662

      (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.]

| No.   | Name                    | Form 13F File Number   |
|:---|:---|:---|
|  | Virtus ETF Advisers LLC |  |

### 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 |
| ABBVIE INC | COM | 00287Y109 |  | 271666 | 1681 | SH |  | SOLE |  | 1681 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 382184 | 36926 | SH |  | SOLE |  | 36926 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | UNIT 06/15/2024 | 015857873 |  | 9589009 | 401718 | SH |  | OTR | 1 | 0 | 401718 | 0 |
| ALGONQUIN PWR UTILS CORP | UNIT 06/15/2024 | 015857873 |  | 162077 | 6790 | SH |  | SOLE |  | 6790 | 0 | 0 |
| ALLETE INC | COM NEW | 018522300 |  | 324163 | 5025 | SH |  | SOLE |  | 5025 | 0 | 0 |
| ALLIANCEBERNSTEIN HLDG L P | UNIT LTD PARTN | 01881G106 |  | 571333 | 16623 | SH |  | SOLE |  | 16623 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 254451 | 10407 | SH |  | SOLE |  | 10407 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 283493 | 6202 | SH |  | SOLE |  | 6202 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 763981 | 36242 | SH |  | SOLE |  | 36242 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 1015864 | 55180 | SH |  | SOLE |  | 55180 | 0 | 0 |
| BOSTON PROPERTIES INC | COM | 101121101 |  | 739190 | 10938 | SH |  | SOLE |  | 10938 | 0 | 0 |
| BRAEMAR HOTELS  RESORTS INC | 5.5 CUM CV PFD B | 10482B200 |  | 7088633 | 454691 | SH |  | OTR | 1 | 0 | 454691 | 0 |
| BRIGHTSPIRE CAPITAL INC | COM CL A | 10949T109 |  | 408270 | 65533 | SH |  | SOLE |  | 65533 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 351134 | 628 | SH |  | SOLE |  | 628 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 6963393 | 46435 | SH |  | OTR | 1 | 0 | 46435 | 0 |
| CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 |  | 3363235 | 59139 | SH |  | OTR | 1 | 0 | 59139 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1017708 | 5670 | SH |  | SOLE |  | 5670 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 215069 | 4755 | SH |  | SOLE |  | 4755 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 277795 | 7056 | SH |  | SOLE |  | 7056 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 579296 | 9107 | SH |  | SOLE |  | 9107 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 416275 | 6227 | SH |  | SOLE |  | 6227 | 0 | 0 |
| CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 226344208 |  | 21810875 | 832794 | SH |  | OTR | 1 | 0 | 832794 | 0 |
| DCP MIDSTREAM LP | COM UT LTD PTN | 23311P100 |  | 25714395 | 662913 | SH |  | OTR | 1 | 0 | 662913 | 0 |
| DELEK LOGISTICS PARTNERS LP | COM UNT RP INT | 24664T103 |  | 1445647 | 31948 | SH |  | OTR | 1 | 0 | 31948 | 0 |
| DOW INC | COM | 260557103 |  | 1044282 | 20724 | SH |  | SOLE |  | 20724 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 287445 | 2791 | SH |  | SOLE |  | 2791 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 822469 | 21035 | SH |  | SOLE |  | 21035 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 58019136 | 4887880 | SH |  | OTR | 1 | 0 | 4887880 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 68680 | 5786 | SH |  | SOLE |  | 5786 | 0 | 0 |
| ENLINK MIDSTREAM LLC | COM UNIT REP LTD | 29336T100 |  | 14359647 | 1167451 | SH |  | OTR | 1 | 0 | 1167451 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 39311620 | 1629835 | SH |  | OTR | 1 | 0 | 1629835 | 0 |
| EOG RES INC | COM | 26875P101 |  | 515749 | 3982 | SH |  | SOLE |  | 3982 | 0 | 0 |
| EPR PPTYS | PFD C CV 5.75% | 26884U208 |  | 1366205 | 76027 | SH |  | OTR | 1 | 0 | 76027 | 0 |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 |  | 11879464 | 461697 | SH |  | OTR | 1 | 0 | 461697 | 0 |
| EPR PPTYS | CONV PFD 9% SR E | 26884U307 |  | 120056 | 4666 | SH |  | SOLE |  | 4666 | 0 | 0 |
| EPR PPTYS | COM SH BEN INT | 26884U109 |  | 224623 | 5955 | SH |  | SOLE |  | 5955 | 0 | 0 |
| EQUITY COMWLTH | 6.5% CNV PFD D | 294628201 |  | 2494878 | 100086 | SH |  | OTR | 1 | 0 | 100086 | 0 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 10820183 | 596482 | SH |  | SOLE |  | 0 | 0 | 0 |
| ETFIS SER TR I | INFRAC ACT MLP | 26923G772 |  | 1527151 | 48297 | SH |  | SOLE |  | 0 | 0 | 0 |
| GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 |  | 5156193 | 505014 | SH |  | OTR | 1 | 0 | 505014 | 0 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 |  | 650058 | 51715 | SH |  | SOLE |  | 51715 | 0 | 0 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 357516 | 18553 | SH |  | SOLE |  | 18553 | 0 | 0 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 |  | 2469567 | 82539 | SH |  | OTR | 1 | 0 | 82539 | 0 |
| HOLLY ENERGY PARTNERS L P | COM UT LTD PTN | 435763107 |  | 7866961 | 434159 | SH |  | OTR | 1 | 0 | 434159 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 394915 | 2803 | SH |  | SOLE |  | 2803 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 268155 | 1518 | SH |  | SOLE |  | 1518 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 360368 | 20687 | SH |  | SOLE |  | 20687 | 0 | 0 |
| KILROY RLTY CORP | COM | 49427F108 |  | 684150 | 17692 | SH |  | SOLE |  | 17692 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 640683 | 35436 | SH |  | SOLE |  | 35436 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1463703 | 80957 | SH |  | OTR | 1 | 0 | 80957 | 0 |
| KOHLS CORP | COM | 500255104 |  | 532472 | 21088 | SH |  | SOLE |  | 21088 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 424035 | 10416 | SH |  | SOLE |  | 10416 | 0 | 0 |
| LXP INDUSTRIAL TRUST | PFD CONV SER C | 529043309 |  | 726228 | 15289 | SH |  | OTR | 1 | 0 | 15289 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 14762 | 294 | SH |  | SOLE |  | 294 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 30441218 | 606278 | SH |  | OTR | 1 | 0 | 606278 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1702320 | 14626 | SH |  | OTR | 1 | 0 | 14626 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 131637 | 1131 | SH |  | SOLE |  | 1131 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 48234637 | 1468777 | SH |  | OTR | 1 | 0 | 1468777 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 324755 | 9889 | SH |  | SOLE |  | 9889 | 0 | 0 |
| NATIONAL RETAIL PROPERTIES I | COM | 637417106 |  | 327825 | 7164 | SH |  | SOLE |  | 7164 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 451662 | 11001 | SH |  | SOLE |  | 11001 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 301182 | 7100 | SH |  | OTR | 1 | 0 | 7100 | 0 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 113150 | 13157 | SH |  | SOLE |  | 13157 | 0 | 0 |
| NEW YORK CMNTY CAP TR V | UNIT 05/07/2051 | 64944P307 |  | 402827 | 9286 | SH |  | SOLE |  | 9286 | 0 | 0 |
| NEW YORK CMNTY CAP TR V | UNIT 05/07/2051 | 64944P307 |  | 222496 | 5129 | SH |  | OTR | 1 | 0 | 5129 | 0 |
| NEXTERA ENERGY INC | UNIT 09/01/2025 | 65339F713 |  | 262895 | 5238 | SH |  | SOLE |  | 5238 | 0 | 0 |
| NORTHWEST NAT HLDG CO | COM | 66765N105 |  | 261745 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| NUSTAR ENERGY LP | UNIT COM | 67058H102 |  | 33054272 | 2065892 | SH |  | OTR | 1 | 0 | 2065892 | 0 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 377069 | 11320 | SH |  | SOLE |  | 11320 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 268450 | 4086 | SH |  | OTR | 1 | 0 | 4086 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 208335 | 3171 | SH |  | SOLE |  | 3171 | 0 | 0 |
| PENNANTPARK INVT CORP | COM | 708062104 |  | 125160 | 21767 | SH |  | SOLE |  | 0 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 422148 | 4056 | SH |  | OTR | 1 | 0 | 4056 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 323897 | 3112 | SH |  | SOLE |  | 3112 | 0 | 0 |
| PIONEER NAT RES CO | COM | 723787107 |  | 518445 | 2270 | SH |  | SOLE |  | 2270 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 39727044 | 3378150 | SH |  | OTR | 1 | 0 | 3378150 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 862517 | 8672 | SH |  | SOLE |  | 8672 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 298819 | 4711 | SH |  | SOLE |  | 4711 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 680553 | 83299 | SH |  | SOLE |  | 83299 | 0 | 0 |
| RLJ LODGING TR | CUM CONV PFD A | 74965L200 |  | 556924 | 23410 | SH |  | SOLE |  | 23410 | 0 | 0 |
| RLJ LODGING TR | CUM CONV PFD A | 74965L200 |  | 20594432 | 865676 | SH |  | OTR | 1 | 0 | 865676 | 0 |
| RPT REALTY | 7.25 PFD D CONV | 74971D200 |  | 8973659 | 179545 | SH |  | OTR | 1 | 0 | 179545 | 0 |
| RPT REALTY | 7.25 PFD D CONV | 74971D200 |  | 299180 | 5986 | SH |  | SOLE |  | 5986 | 0 | 0 |
| SERIES PORTFOLIOS TR | INFRACAP EQUITY | 81752T619 |  | 635396 | 25276 | SH |  | SOLE |  | 0 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 728561 | 12793 | SH |  | SOLE |  | 12793 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 736835 | 6272 | SH |  | SOLE |  | 6272 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 168269000 | 4400 | SH | Call | SOLE |  | 4400 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 268425 | 14644 | SH |  | SOLE |  | 14644 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 7520300 | 102317 | SH |  | OTR | 1 | 0 | 102317 | 0 |
| TPG RE FIN TR INC | COM | 87266M107 |  | 419160 | 61732 | SH |  | SOLE |  | 61732 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 714814 | 16612 | SH |  | SOLE |  | 16612 | 0 | 0 |
| UGI CORP NEW | UNIT 06/01/2024 | 902681113 |  | 403173 | 4665 | SH |  | SOLE |  | 4665 | 0 | 0 |
| UGI CORP NEW | UNIT 06/01/2024 | 902681113 |  | 10764666 | 124555 | SH |  | OTR | 1 | 0 | 124555 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1022785 | 23453 | SH |  | SOLE |  | 23453 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 556564 | 14126 | SH |  | SOLE |  | 14126 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 437741 | 43255 | SH |  | SOLE |  | 43255 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 |  | 304908 | 14652 | SH |  | SOLE |  | 14652 | 0 | 0 |
| WESTERN ASSET EMERGING MKTS | COM | 95766A101 |  | 468791 | 51459 | SH |  | SOLE |  | 0 | 0 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 36424952 | 1356609 | SH |  | OTR | 1 | 0 | 1356609 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 1605092 | 48787 | SH |  | OTR | 1 | 0 | 48787 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 162756 | 4947 | SH |  | SOLE |  | 4947 | 0 | 0 |

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