# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0001145549-23-001856
**Filing Date:** 2023-1
**Character Count:** 19481
**Document Hash:** 38440ea866ec6199d98b196423263fe0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-001856.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001145549-23-001856

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22525
- **FILM NUMBER:** 23539681

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Tortoise North American Pipeline Fund (Series ID: S000056247)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000177047 | Tortoise North American Pipeline Fund | TPYP            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Managed Portfolio Series

- **b. Investment Company Act file number:** 811-22525

- **c. CIK number of Registrant:** 0001511699

- **d. LEI of Registrant:** 254900SQ3GG01NP4WM65

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1712

**Item A.2. Information about the Series.**

- **a. Name of Series:** Tortoise North American Pipeline Fund

- **b. EDGAR series identifier (if any):** S000056247

- **c. LEI of Series:** 254900VTPHLD0IPOJQ55

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-11-30

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $560768902.77

**Total Liabilities:** $740959.44

**Net Assets:** $560027943.33

**Cash Not Reported:** $451.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000177047 | -10.24%              | 9.93%                | 4.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4655423.44              | $-64470379.82                              |
| Month 2  | $5668654.46              | $42567619.48                               |
| Month 3  | $1407.15                 | $21550016.89                               |

### Schedule of Portfolio Investments

| Name                           | Title                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Kinetik Holdings Inc           | Kinetik Holdings Inc                  | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40525 | NS      | $1379065.75   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp          | Antero Midstream Corp                 | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    708106 | NS      | $8022840.98   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                   | Archrock Inc                          | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    278696 | NS      | $2427442.16   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp              | Atmos Energy Corp                     | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |    186792 | NS      | $22452398.40  | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Partners LP    | Cheniere Energy Partners LP           | CUSIP: 16411Q101<br>LEI: 5493005UEC8AZ34LDV29 | Long             | EC               | CORP              | US        |     33336 | NS      | $2069498.88   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc            | Cheniere Energy Inc                   | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    253262 | NS      | $44412024.32  | 7.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp      | Chesapeake Utilities Corp             | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     37538 | NS      | $4494424.74   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunoco LP                      | Sunoco LP                             | CUSIP: 86765K109<br>LEI: 54930001NJU8E40NQ561 | Long             | EC               | CORP              | US        |     49913 | NS      | $2143264.22   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp           | Targa Resources Corp                  | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    322297 | NS      | $23975673.83  | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                 | TC Energy Corp                        | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    860699 | NS      | $38283891.52  | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Compression Partners LP    | USA Compression Partners LP           | CUSIP: 90290N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45991 | NS      | $844854.67    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP  | Western Midstream Partners LP         | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    177173 | NS      | $4957300.54   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                  | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |   1239806 | NS      | $43021268.20  | 7.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyera Corp                    | Keyera Corp                           | CUSIP: 493271100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    467662 | NS      | $10895831.01  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AltaGas Ltd                    | AltaGas Ltd                           | CUSIP: 021361100<br>LEI: 549300D7A8QA85Z2MH11 | Long             | EC               | CORP              | CA        |    594631 | NS      | $9977193.38   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibson Energy Inc              | Gibson Energy Inc                     | CUSIP: 374825206<br>LEI: 549300WYW5D9I3FR0643 | Long             | EC               | CORP              | CA        |    305753 | NS      | $5548400.35   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp          | Pembina Pipeline Corp                 | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |    636532 | NS      | $23239108.29  | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co   | Northwest Natural Holding Co          | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     72500 | NS      | $3632975.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NuStar Energy LP               | NuStar Energy LP                      | CUSIP: 67058H102<br>LEI: 5493003BMLTUIEG2LG44 | Long             | EC               | CORP              | US        |     88646 | NS      | $1447589.18   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                    | ONE Gas Inc                           | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |    114257 | NS      | $9934646.15   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                             | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    363932 | NS      | $24354329.44  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Logistics LP               | PBF Logistics LP                      | CUSIP: 69318Q104<br>LEI: 529900XB9LDTN4488F04 | Long             | EC               | CORP              | US        |     22095 | NS      | $439690.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L | Plains All American Pipeline LP       | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |    409417 | NS      | $5084959.14   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP          | Plains GP Holdings LP                 | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |    175365 | NS      | $2320078.95   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Po | Invesco Government & Agency Portfolio | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    306240 | NS      | $306240.07    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| South Jersey Industries Inc    | South Jersey Industries Inc           | CUSIP: 838518108<br>LEI: 549300DJYWYT5VXLFA46 | Long             | EC               | CORP              | US        |    258979 | NS      | $8986571.30   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc     | Southwest Gas Holdings Inc            | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130357 | NS      | $8924240.22   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                      | Spire Inc                             | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |    110786 | NS      | $8209242.60   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Crestwood Equity Partners LP   | Crestwood Equity Partners LP          | CUSIP: 226344208<br>LEI: 549300CUY0F1TYDLDL45 | Long             | EC               | CORP              | US        |     70083 | NS      | $2075858.46   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CrossAmerica Partners LP       | CrossAmerica Partners LP              | CUSIP: 22758A105<br>LEI: 549300OUUC900EVOGX10 | Long             | EC               | CORP              | US        |     16435 | NS      | $328864.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DCP Midstream LP               | DCP Midstream LP                      | CUSIP: 23311P100<br>LEI: 52990024YYS3MLGW0E91 | Long             | EC               | CORP              | US        |     82792 | NS      | $3257037.28   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc               | DT Midstream Inc                      | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     88643 | NS      | $5347832.19   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek Logistics Partners LP    | Delek Logistics Partners LP           | CUSIP: 24664T103<br>LEI: 549300UVYITDIU51P724 | Long             | EC               | CORP              | US        |      7845 | NS      | $401664.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                   | Enbridge Inc                          | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |   1002216 | NS      | $41381498.64  | 7.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP             | Energy Transfer LP                    | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   1915802 | NS      | $24024157.08  | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EnLink Midstream LLC           | EnLink Midstream LLC                  | CUSIP: 29336T100<br>LEI: 54930000GY1H533OBE23 | Long             | EC               | CORP              | US        |    526591 | NS      | $6771960.26   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L | Enterprise Products Partners LP       | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |   1238070 | NS      | $30716516.70  | 5.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitrans Midstream Corp       | Equitrans Midstream Corp              | CUSIP: 294600101<br>LEI: 549300RH0NLJNZ5SXU64 | Long             | EC               | CORP              | US        |    914991 | NS      | $7676774.49   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc          | Excelerate Energy Inc                 | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15643 | NS      | $443635.48    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Energy LP              | Genesis Energy LP                     | CUSIP: 371927104<br>LEI: 549300VJ5D6MDK138782 | Long             | EC               | CORP              | US        |    100692 | NS      | $1064314.44   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Partners LP/MA          | Global Partners LP/MA                 | CUSIP: 37946R109<br>LEI: 549300PCHWTW9P4DU444 | Long             | EC               | CORP              | US        |     24858 | NS      | $816088.14    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP              | Hess Midstream LP                     | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39726 | NS      | $1240642.98   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Holly Energy Partners LP       | Holly Energy Partners LP              | CUSIP: 435763107<br>LEI: 529900NVV7ODCT0QCG29 | Long             | EC               | CORP              | US        |     41099 | NS      | $769373.28    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                     | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |   2195008 | NS      | $41968552.96  | 7.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                        | MPLX LP                               | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    334049 | NS      | $11354325.51  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Magellan Midstream Partners LP | Magellan Midstream Partners LP        | CUSIP: 559080106<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | EC               | CORP              | US        |    190421 | NS      | $10035186.70  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                  | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    193403 | NS      | $12809080.69  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| New Fortress Energy Inc        | New Fortress Energy Inc               | CUSIP: 644393100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100911 | NS      | $5136369.90   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp      | New Jersey Resources Corp             | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    203088 | NS      | $10103628.00  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                   | NiSource Inc                          | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    721887 | NS      | $20169522.78  | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-20

**Name of Applicant:** Managed Portfolio Series

**Signature:** /s/ Benjamin Eirich

**Name of Signer:** Managed Portfolio Series

**Title:** Treasurer