MDST ETF largest holding is ET at 9.48% as of Aug 18, 2026

$29.76

AUM$297M

TER0.80%

Holdings110

See how much of MDST you already own

Just $25 once·$99/mo·Download sample

X-ray my portfolio free

MDST ETF largest holding is ET at 9.48% as of Aug 18, 2026

$29.76

Westwood Salient Enhanced Midstream Income ETF

AUM$297M

TER0.80%

Holdings110

See how much of MDST you already own

Just $25 once·$99/mo·Download sample

X-ray my portfolio free

Overview Performance Chart Dividends Top Holdings All Holdings Sectors Geography Similar Compare Overlap

ET is MDST's largest holding at 9.48% of the fund as of Aug 18, 2026. MDST is Westwood Salient Enhanced Midstream Income ETF.

Showing top 50 of 128 holdings · as of Aug 18, 2026

MDST holdings, by weight
#	Ticker	Name	Weight	Cumulative	Shares	Mkt value	Sector	Industry
1	ET	Energy TransferEnergy · Oil & Gas	9.48%	9.5%	1,307,510	$28.01M	Energy	Oil & Gas
2	WMB	Williams Cos. Inc.Energy · Oil & Gas	8.44%	17.9%	331,921	$24.94M	Energy	Oil & Gas
Sector and industry · Pro
3	—	Enbridge Inc.	8.11%	26.0%	466,576	$23.98M
4	—	Us Enterprise Products Partners Lp	6.83%	32.9%	522,053	$20.17M
5	DTM	DT Midstream Inc	5.87%	38.7%	127,774	$17.34M
6	KMI	Kinder Morgan Inc.	5.62%	44.3%	505,043	$16.60M
7	TRGP	Targa Resources Corp Preferred	5.06%	49.4%	50,253	$14.96M
8	OKE	Oneok Inc.	5.02%	54.4%	152,946	$14.85M
9	LNG	Cheniere Energy Inc.	5.00%	59.4%	53,980	$14.78M
10	—	Plains Gp Hold-a	4.68%	64.1%	526,146	$13.84M
11	—	Mplx Lp	4.64%	68.7%	230,794	$13.70M
12	AM	Antero Midstream Corporationam	4.58%	73.3%	595,989	$13.52M
13	—	South Bow Corp	4.56%	77.9%	361,602	$13.48M
14	—	Tc Energy Corp	4.49%	82.4%	207,187	$13.26M
15	—	Altus Midstream Company	3.34%	85.7%	181,060	$9.88M
16	PBA	Pembina Pipeline Corp Cum Red Pfd Shs -A- Series -9	3.04%	88.8%	182,193	$8.99M
17	WES	Western Midstream Partners Lp	2.71%	91.5%	161,064	$8.02M
18	—	Venture Global, Inc.	2.40%	93.9%	499,442	$7.09M
19	—	Hess Midstream Partners Lp	1.49%	95.4%	110,067	$4.41M
20	—	Select Energy Services Inc	0.93%	96.3%	130,876	$2.76M
21	DKL	Delek Logistics Partners, Lp	0.77%	97.1%	42,392	$2.28M
22	NEXT	Nextdecade Corp	0.76%	97.8%	325,066	$2.25M
23	WBI	Waterbridge Infrastructure Llc	0.51%	98.3%	46,737	$1.49M
24	—	Kntk Us 08/21/26 C50	0.23%	98.6%	1,532	$-674080
25	Debt	Freddie Mac Pool Ra7468	0.21%	98.8%	340	$-612000
26	NGL	Ngl Energy Partners Lp	0.16%	98.9%	27,500	$478.5K
27	Debt	Global Payments Inc	0.14%	99.1%	2,454	$-419634
28	—	Gel S.p.A.	0.14%	99.2%	25,002	$400.0K
29	—	Lng Us 08/21/26 C250	0.10%	99.3%	130	$-299000
30	—	Wes Us 09/18/26 C49	0.08%	99.4%	1,376	$-246304
31	—	Wti Crude Oil	0.08%	99.5%	10,149	$-233427
32	—	Oke Us 08/21/26 C90	0.07%	99.5%	269	$-202557
33	—	Lng Us 08/21/26 C270	0.07%	99.6%	364	$-195104
34	—	Et Us 09/18/26 C21	0.04%	99.6%	1,488	$-104160
35	—	Trgp Us 08/21/26 C290	0.03%	99.7%	105	$-99750
36	—	Vg Us 09/18/26 C15	0.03%	99.7%	1,436	$-100520
37	—	Forward Foreign Currency Contract	0.02%	99.7%	3,362	$-50430
38	—	Dtm Us 08/21/26 C150	0.02%	99.7%	994	$-59640
39	—	Epd Us 09/18/26 C41	0.02%	99.8%	4,156	$-54028
40	—	CNY/USD Fwd 20251202	0.01%	99.8%	536	$-18760
41	—	Los Angeles Calif Dept Wtr & Pwr Rev 5.0% 01-Jul-2053	0.01%	99.8%	2,670	$-34710
42	—	Purchased Usd / Sold Clp	0.01%	99.8%	784	$-36848
43	—	Trp Us 08/21/26 C75	0.01%	99.8%	1,547	$-27072
44	—	S&P 500 Index	0.01%	99.8%	3,696	$-18480
45	—	Dkl Us 09/18/26 C55	0.01%	99.8%	182	$-20475
46	—	Bought INR Sold USD 20260424	0.01%	99.8%	1,107	$-33210
47	Debt	Peruvian Government International Bond	0.01%	99.9%	681	$-44265
48	—	Wbi Us 09/18/26 C35	0.01%	99.9%	443	$-24365
49	Debt	Morocco (Kingdom Of)	0.00%	99.9%	30	$-150
50	—	Forward Foreign Currency Contract	0.00%	99.9%	100	$-200
More holdings · Pro

Not reported for this fund: share changes.

FundXLS Pro

See the other 78 holdings of MDST

X-ray every fund you own at once, ETFs and mutual funds that hold stocks directly, and see how much of your money lands on the same stocks twice.

Unlock FundXLS Pro$45/quarter Pro · Cancel anytime

MDST ETF All Holdings

MDST holdings total 110 positions. The top 10 holdings account for 64.1% of the fund, led by Energy Transfer at 9.5%, Williams Cos. Inc. at 8.4%, Enbridge Inc. at 8.1%.

MDST portfolio concentration is relatively high, with the top 10 representing 64.1% of total assets. The largest sector exposure is Energy at 82.1%.

MDST sectors provide a detailed breakdown. MDST overlap shows how holdings compare to other funds in your portfolio.

Compare MDST

MDST vs SPY MDST vs QQQ MDST vs VOO MDST vs VTI MDST vs IVV MDST vs SCHD MDST vs VYM MDST vs VXUS

MDST ETF Holdings

128 of 110 holdings

Sector

Industry

Sort By

1
Energy Transfer
ETEnergy
9.48%
2
Williams Cos. Inc.
WMBEnergy
8.44%
3
Enbridge Inc.
ENB:CAEnergy
8.11%
4
Us Enterprise Products Partners Lp
EPDEnergy
6.83%
5
DT Midstream Inc
DTMEnergy
5.87%
6
Kinder Morgan Inc./de
KMIEnergy
5.62%
7
Targa Resources Corp Preferred
TRGPEnergy
5.06%
8
Oneok Inc.
OKEEnergy
5.02%
9
Cheniere Energy Inc.
LNGEnergy
5.00%
10
Plains Gp Hold-a
PAGPUnknown
4.68%
11
Mplx Lp
MPLXEnergy
4.64%
12
Antero Midstream Corporationam
AMEnergy
4.58%
13
South Bow Corp
SOBO:CAReal Estate
4.56%
14
Tc Energy Corp
TRP:CAEnergy
4.49%
15
Altus Midstream Company
KNTKUtilities
3.34%
16
Pembina Pipeline Corp Cum Red Pfd Shs -A- Series -9
PBAEnergy
3.04%
17
Western Midstream Partners Lp
WESEnergy
2.71%
18
Venture Global, Inc.
VGUnknown
2.40%
19
Hess Midstream Partners Lp
HESMEnergy
1.49%
20
Select Energy Services Inc
WTTRIndustrials
0.93%
21
Delek Logistics Partners, Lp
DKLEnergy
0.77%
22
Nextdecade Corp Common Stock
NEXTEnergy
0.76%
23
Waterbridge Infrastructure Llc
WBIUnknown
0.51%
24
Kntk Us 08/21/26 C50
Other
0.23%
25
Freddie Mac Pool Ra7468 4.00% 6/1/2052
Other
0.21%
26
Ngl Energy Partners Lp
NGLEnergy
0.16%
27
Global Payments Inc 2.9 11/15/2031
Other
0.14%
28
Gel S.p.A.
GEL:MIUnknown
0.14%
29
Lng Us 08/21/26 C250
Other
0.10%
30
Wes Us 09/18/26 C49
Other
0.08%
31
Wti Crude Oil
Other
0.08%
32
Oke Us 08/21/26 C90
Other
0.07%
33
Lng Us 08/21/26 C270
Other
0.07%
34
Et Us 09/18/26 C21
Other
0.04%
35
Trgp Us 08/21/26 C290
Other
0.03%
36
Vg Us 09/18/26 C15
Other
0.03%
37
Forward Foreign Currency Contract
Other
0.02%
38
Dtm Us 08/21/26 C150
Other
0.02%
39
Epd Us 09/18/26 C41
Other
0.02%
40
CNY/USD Fwd 20251202
Other
0.01%
41
Los Angeles Calif Dept Wtr & Pwr Rev 5.0% 01-Jul-2053
Other
0.01%
42
Purchased Usd / Sold Clp
Other
0.01%
43
Trp Us 08/21/26 C75
Other
0.01%
44
S&P 500 Index
Other
0.01%
45
Dkl Us 09/18/26 C55
Other
0.01%
46
Bought INR Sold USD 20260424
Other
0.01%
47
Peruvian Government International Bond 5.5 03/30/2036
Other
0.01%
48
Wbi Us 09/18/26 C35
Other
0.01%
49
Morocco (Kingdom Of) 3.875% 4/2/2029
Other
0.00%
50
Forward Foreign Currency Contract
Other
0.00%
51
Wes Us 08/21/26 C48
Other
0.00%
52
Altice France Sa
Other
0.00%
53
Virginia Electric And Power Co 5 04/01/2033
Other
0.00%
54
Dtm Us 09/18/26 C155
Other
0.00%
55
Mplx Us 09/18/26 C60
Other
0.00%
56
Next Us 08/21/26 C8
Other
0.00%
57
Burlington Coat Factory 5.4431 09/19/2031
Other
0.00%
58
Wmb Us 09/18/26 C75
Other
0.00%
59
Mcdonald'S Corp 4.7 12/09/2035
Other
0.00%
60
Hesm Us 08/21/26 C43
Other
0.00%
61
Bought JPY Sold USD 20260507
Other
0.00%
62
Wttr Us 08/21/26 C20
Other
0.00%
63
Greenko Power Ii, Ltd. 4.30% 12/13/2028
Other
0.00%
64
Hesm Us 09/18/26 C43
Other
0.00%
65
CDX EM38 ICE
Other
0.00%
66
Epd Us 09/18/26 C40
Other
0.00%
67
Wmb Us 08/21/26 C79
Other
0.00%
68
Forward Foreign Currency Contract
Other
0.00%
69
Kmi Us 08/21/26 C34
Other
0.00%
70
Irs USD Fixed 3.8325% USD Float USD-Sofr-Ois Compound 2035
Other
0.00%
71
Csn Resources Sa 8.875% 12/5/2030
Other
0.00%
72
USD/MXN Fwd 20260417 Mrmdus33
Other
0.00%
73
Ngl Us 09/18/26 C19
Other
0.00%
74
Am Us 09/18/26 C25
Other
0.00%
75
Trp Us 09/18/26 C72.5
Other
0.00%
76
Am Us 08/21/26 C25
Other
0.00%
77
Cdx Itraxx Main45 5Y Ice
Other
0.00%
78
31750Rh75 Pimco Fxvan Call USD HKD 7.80000000
Other
0.00%
79
Fannie Mae 2.5 06/25/2051
Other
0.00%
80
Forward Foreign Currency Contract
Other
0.00%
81
Fnma Pool As2954 Fn 07/44 Fixed 4
Other
0.00%
82
Wmb Us 08/21/26 C85
Other
0.00%
83
Rio Hondo Community College District/Ca 08/01/2044
Other
0.00%
84
City Of Austin Tx 01-Sep-2043
Other
0.00%
85
Square 6.28 2027-07-12
Other
0.00%
86
Am Us 08/21/26 C24
Other
0.00%
87
Lng Us 08/21/26 C260
Other
0.00%
88
City Of San Francisco Ca Public Utilities Commission Water Revenue 4 11/01/2030
Other
0.00%
89
China Ping An Insurance Overseas (Holdings), Ltd. 2.85% 8/12/2031
Other
0.00%
90
Us Ultra Bond Cbt Jun26 Xcbt 20260618
Other
0.00%
91
Brazil La Sp Myc
Other
0.00%
92
Mplx Us 09/18/26 C65
Other
0.00%
93
Oke Us 08/21/26 C95
Other
0.00%
94
Irs Pso/Nr04.50 03/18/56 Barcus3Bxxx Float
Other
0.00%
95
Trp Us 08/21/26 C72.5
Other
0.00%
96
Buy U S Dollar - Sell Canadian Dollar
Other
0.00%
97
Dtm Us 09/18/26 C150
Other
0.00%
98
Next Us 09/18/26 C9
Other
0.00%
99
Sold EUR Bought USD 20260402
Other
0.00%
100
Bausch + Lomb Corporation 0 01/15/2031
Other
0.00%
101
Chicago O'Hare International Airport 5.25 01/01/2056
Other
0.00%
102
Hesm Us 08/21/26 C41
Other
0.00%
103
Sold PEN Bought USD 20260413
Other
0.00%
104
Enb Us 08/21/26 C57.5
Other
0.00%
105
Ohalf 2016-1A D1R2 6.934% 07/20/2037
Other
0.00%
106
Sold IDR Bought USD 20260610
Other
0.00%
107
Currency Contract - Brl
Other
0.00%
108
Forward Foreign Currency Contract
Other
0.00%
109
Forward Foreign Currency Contract
Other
0.00%
110
Public Service Electric And Gas Co 5.63 01/01/2056 5.63 2056-01-01
Other
0.00%
111
Enb Us 09/18/26 C57.5
Other
0.00%
112
Lng Us 09/18/26 C290
Other
0.00%
113
Sogecap Sa 6.5% 05/16/2044
Other
0.00%
114
Nota Do Tesouro Nacional 10 01/01/2031
Other
0.00%
115
Forward Foreign Currency Contract
Other
0.00%
116
Bought PLN Sold USD 20260415
Other
0.00%
117
Ust 5Yr Fut Fvh6 03-31-26
Other
0.00%
118
Pagp Us 09/18/26 C27
Other
0.00%
119
Orange Sa 4.75 01/13/2033 4.75 2033-01-13
Other
0.00%
120
Whirlpool 5.5% 03/01/33
Other
0.00%
121
California Crosspoint Academy Revenue Bonds 5.125 07/01/2055
Other
0.00%
122
Titulos De Tesoreria Bonds 08/29 11
Other
0.00%
123
Am Us 09/18/26 C23
Other
0.00%
124
Forward Foreign Currency Contract
Other
0.00%
125
Reverse Repo Morgan Stanley 2028-01-13
Other
0.00%
126
Pacific Gas And Electric Co. 5.05% 10/15/2032
Other
0.00%
127
Pba Us 09/18/26 C55
Other
0.00%
128
Kmi Us 09/18/26 C34
Other
0.00%

#	Company	Ticker	Weight
1	Energy Transfer	ET	9.480%
2	Williams Cos. Inc.	WMB	8.440%
3	Enbridge Inc.	ENB:CA	8.110%
4	Us Enterprise Products Partners Lp	EPD	6.830%
5	DT Midstream Inc	DTM	5.870%
6	Kinder Morgan Inc./de	KMI	5.620%
7	Targa Resources Corp Preferred	TRGP	5.060%
8	Oneok Inc.	OKE	5.020%
9	Cheniere Energy Inc.	LNG	5.000%
10	Plains Gp Hold-a	PAGP	4.680%
11	Mplx Lp	MPLX	4.640%
12	Antero Midstream Corporationam	AM	4.580%
13	South Bow Corp	SOBO:CA	4.560%
14	Tc Energy Corp	TRP:CA	4.490%
15	Altus Midstream Company	KNTK	3.340%
16	Pembina Pipeline Corp Cum Red Pfd Shs -A- Series -9	PBA	3.040%
17	Western Midstream Partners Lp	WES	2.710%
18	Venture Global, Inc.	VG	2.400%
19	Hess Midstream Partners Lp	HESM	1.490%
20	Select Energy Services Inc	WTTR	0.930%
21	Delek Logistics Partners, Lp	DKL	0.770%
22	Nextdecade Corp Common Stock	NEXT	0.760%
23	Waterbridge Infrastructure Llc	WBI	0.510%
24	Kntk Us 08/21/26 C50	-	0.230%
25	Freddie Mac Pool Ra7468 4.00% 6/1/2052	-	0.210%
26	Ngl Energy Partners Lp	NGL	0.160%
27	Global Payments Inc 2.9 11/15/2031	-	0.140%
28	Gel S.p.A.	GEL:MI	0.140%
29	Lng Us 08/21/26 C250	-	0.100%
30	Wes Us 09/18/26 C49	-	0.080%
31	Wti Crude Oil	-	0.080%
32	Oke Us 08/21/26 C90	-	0.070%
33	Lng Us 08/21/26 C270	-	0.070%
34	Et Us 09/18/26 C21	-	0.040%
35	Trgp Us 08/21/26 C290	-	0.030%
36	Vg Us 09/18/26 C15	-	0.030%
37	Forward Foreign Currency Contract	-	0.020%
38	Dtm Us 08/21/26 C150	-	0.020%
39	Epd Us 09/18/26 C41	-	0.020%
40	CNY/USD Fwd 20251202	-	0.010%
41	Los Angeles Calif Dept Wtr & Pwr Rev 5.0% 01-Jul-2053	-	0.010%
42	Purchased Usd / Sold Clp	-	0.010%
43	Trp Us 08/21/26 C75	-	0.010%
44	S&P 500 Index	-	0.010%
45	Dkl Us 09/18/26 C55	-	0.010%
46	Bought INR Sold USD 20260424	-	0.010%
47	Peruvian Government International Bond 5.5 03/30/2036	-	0.010%
48	Wbi Us 09/18/26 C35	-	0.010%
49	Morocco (Kingdom Of) 3.875% 4/2/2029	-	0.000%
50	Forward Foreign Currency Contract	-	0.000%
51	Wes Us 08/21/26 C48	-	0.000%
52	Altice France Sa	-	0.000%
53	Virginia Electric And Power Co 5 04/01/2033	-	0.000%
54	Dtm Us 09/18/26 C155	-	0.000%
55	Mplx Us 09/18/26 C60	-	0.000%
56	Next Us 08/21/26 C8	-	0.000%
57	Burlington Coat Factory 5.4431 09/19/2031	-	0.000%
58	Wmb Us 09/18/26 C75	-	0.000%
59	Mcdonald'S Corp 4.7 12/09/2035	-	0.000%
60	Hesm Us 08/21/26 C43	-	0.000%
61	Bought JPY Sold USD 20260507	-	0.000%
62	Wttr Us 08/21/26 C20	-	0.000%
63	Greenko Power Ii, Ltd. 4.30% 12/13/2028	-	0.000%
64	Hesm Us 09/18/26 C43	-	0.000%
65	CDX EM38 ICE	-	0.000%
66	Epd Us 09/18/26 C40	-	0.000%
67	Wmb Us 08/21/26 C79	-	0.000%
68	Forward Foreign Currency Contract	-	0.000%
69	Kmi Us 08/21/26 C34	-	0.000%
70	Irs USD Fixed 3.8325% USD Float USD-Sofr-Ois Compound 2035	-	0.000%
71	Csn Resources Sa 8.875% 12/5/2030	-	0.000%
72	USD/MXN Fwd 20260417 Mrmdus33	-	0.000%
73	Ngl Us 09/18/26 C19	-	0.000%
74	Am Us 09/18/26 C25	-	0.000%
75	Trp Us 09/18/26 C72.5	-	0.000%
76	Am Us 08/21/26 C25	-	0.000%
77	Cdx Itraxx Main45 5Y Ice	-	0.000%
78	31750Rh75 Pimco Fxvan Call USD HKD 7.80000000	-	0.000%
79	Fannie Mae 2.5 06/25/2051	-	0.000%
80	Forward Foreign Currency Contract	-	0.000%
81	Fnma Pool As2954 Fn 07/44 Fixed 4	-	0.000%
82	Wmb Us 08/21/26 C85	-	0.000%
83	Rio Hondo Community College District/Ca 08/01/2044	-	0.000%
84	City Of Austin Tx 01-Sep-2043	-	0.000%
85	Square 6.28 2027-07-12	-	0.000%
86	Am Us 08/21/26 C24	-	0.000%
87	Lng Us 08/21/26 C260	-	0.000%
88	City Of San Francisco Ca Public Utilities Commission Water Revenue 4 11/01/2030	-	0.000%
89	China Ping An Insurance Overseas (Holdings), Ltd. 2.85% 8/12/2031	-	0.000%
90	Us Ultra Bond Cbt Jun26 Xcbt 20260618	-	0.000%
91	Brazil La Sp Myc	-	0.000%
92	Mplx Us 09/18/26 C65	-	0.000%
93	Oke Us 08/21/26 C95	-	0.000%
94	Irs Pso/Nr04.50 03/18/56 Barcus3Bxxx Float	-	0.000%
95	Trp Us 08/21/26 C72.5	-	0.000%
96	Buy U S Dollar - Sell Canadian Dollar	-	0.000%
97	Dtm Us 09/18/26 C150	-	0.000%
98	Next Us 09/18/26 C9	-	0.000%
99	Sold EUR Bought USD 20260402	-	0.000%
100	Bausch + Lomb Corporation 0 01/15/2031	-	0.000%
101	Chicago O'Hare International Airport 5.25 01/01/2056	-	0.000%
102	Hesm Us 08/21/26 C41	-	0.000%
103	Sold PEN Bought USD 20260413	-	0.000%
104	Enb Us 08/21/26 C57.5	-	0.000%
105	Ohalf 2016-1A D1R2 6.934% 07/20/2037	-	0.000%
106	Sold IDR Bought USD 20260610	-	0.000%
107	Currency Contract - Brl	-	0.000%
108	Forward Foreign Currency Contract	-	0.000%
109	Forward Foreign Currency Contract	-	0.000%
110	Public Service Electric And Gas Co 5.63 01/01/2056 5.63 2056-01-01	-	0.000%
111	Enb Us 09/18/26 C57.5	-	0.000%
112	Lng Us 09/18/26 C290	-	0.000%
113	Sogecap Sa 6.5% 05/16/2044	-	0.000%
114	Nota Do Tesouro Nacional 10 01/01/2031	-	0.000%
115	Forward Foreign Currency Contract	-	0.000%
116	Bought PLN Sold USD 20260415	-	0.000%
117	Ust 5Yr Fut Fvh6 03-31-26	-	0.000%
118	Pagp Us 09/18/26 C27	-	0.000%
119	Orange Sa 4.75 01/13/2033 4.75 2033-01-13	-	0.000%
120	Whirlpool 5.5% 03/01/33	-	0.000%
121	California Crosspoint Academy Revenue Bonds 5.125 07/01/2055	-	0.000%
122	Titulos De Tesoreria Bonds 08/29 11	-	0.000%
123	Am Us 09/18/26 C23	-	0.000%
124	Forward Foreign Currency Contract	-	0.000%
125	Reverse Repo Morgan Stanley 2028-01-13	-	0.000%
126	Pacific Gas And Electric Co. 5.05% 10/15/2032	-	0.000%
127	Pba Us 09/18/26 C55	-	0.000%
128	Kmi Us 09/18/26 C34	-	0.000%