Cushing Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACCESS MIDSTREAM PARTNERS L	UNIT	00434L109	85,541	1,795,556	SH		SOLE		1,795,556	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	263	10,000	SH		SOLE		10,000	0	0
ALLIANCE HOLDINGS GP LP	COM UNITS LP	01861G100	43,877	689,834	SH		SOLE		689,834	0	0
ALLIANCE RES PARTNER L P	UT LTD PART	01877R108	4,944	70,000	SH		SOLE		70,000	0	0
ALON USA PARTNERS LP	UT LTDPART INT	02052T109	2,854	119,900	SH		SOLE		119,900	0	0
ATLAS PIPELINE PARTNERS LP	UNIT L P INT	049392103	38,511	1,008,400	SH		SOLE		1,008,400	0	0
AXIALL CORP	COM	05463D100	1,426	33,500	SH		SOLE		33,500	0	0
BAKER HUGHES INC	COM	057224107	415	9,000	SH		SOLE		9,000	0	0
BERRY PETE CO	CL A	085789105	3,022	71,400	SH		SOLE		71,400	0	0
BLUEKNIGHT ENERGY PARTNERS L	COM UNIT	09625U109	44,485	5,070,673	SH		SOLE		5,070,673	0	0
BOARDWALK PIPELINE PARTNERS	UT LTD PARTNER	096627104	28,219	934,400	SH		SOLE		934,400	0	0
BREITBURN ENERGY PARTNERS LP	COM UT LTD PTN	106776107	57,965	3,176,169	SH		SOLE		3,176,169	0	0
BUCKEYE PARTNERS L P	UNIT LTD PARTN	118230101	10,512	149,862	SH		SOLE		149,862	0	0
CALUMET SPECIALTY PRODS PTNR	UT LTD PARTNER	131476103	13,879	381,500	SH		SOLE		381,500	0	0
CAMERON INTERNATIONAL CORP	COM	13342B105	1,847	30,200	SH		SOLE		30,200	0	0
CANADIAN PAC RY LTD	COM	13645T100	1,492	12,290	SH		SOLE		12,290	0	0
CAPITAL PRODUCT PARTNERS L P	COM UNIT LP	Y11082107	10,963	1,181,348	SH		SOLE		1,181,348	0	0
CELADON GROUP INC	COM	150838100	214	11,750	SH		SOLE		11,750	0	0
CENTERPOINT ENERGY INC	COM	15189T107	12,313	524,200	SH		SOLE		524,200	0	0
CHART INDS INC	COM PAR $0.01	16115Q308	2,123	22,560	SH		SOLE		22,560	0	0
CHENIERE ENERGY PARTNERS LP	COM UNIT	16411Q101	6,893	230,600	SH		SOLE		230,600	0	0
CHICAGO BRIDGE & IRON CO N V	N Y REGISTRY SH	167250109	3,565	59,750	SH		SOLE		59,750	0	0
CIMAREX ENERGY CO	COM	171798101	341	5,250	SH		SOLE		5,250	0	0
CMS ENERGY CORP	COM	125896100	283	10,400	SH		SOLE		10,400	0	0
CONCHO RES INC	COM	20605P101	2,026	24,200	SH		SOLE		24,200	0	0
CON-WAY INC	COM	205944101	351	9,000	SH		SOLE		9,000	0	0
CROSSTEX ENERGY L P	COM	22765U102	69,939	3,391,800	SH		SOLE		3,391,800	0	0
CUSHING MLP TOTAL RETURN FD	COM SHS	231631102	119	14,851	SH		SOLE		14,851	0	0
CVR REFNG LP	COMUNIT REP LT	12663P107	2,784	92,600	SH		SOLE		92,600	0	0
DCP MIDSTREAM PARTNERS LP	COM UT LTD PTN	23311P100	19,269	356,200	SH		SOLE		356,200	0	0
DELEK LOGISTICS PARTNERS LP	COM UNT RP INT	24664T103	8,636	263,700	SH		SOLE		263,700	0	0
DORCHESTER MINERALS LP	COM UNIT	25820R105	6,246	255,061	SH		SOLE		255,061	0	0
DOW CHEM CO	COM	260543103	2,413	75,000	SH		SOLE		75,000	0	0
DRESSER-RAND GROUP INC	COM	261608103	2,399	40,000	SH		SOLE		40,000	0	0
DTE ENERGY CO	COM	233331107	268	4,000	SH		SOLE		4,000	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	2,100	40,000	SH		SOLE		40,000	0	0
EL PASO PIPELINE PARTNERS L	COM UNIT LPI	283702108	16,017	366,823	SH		SOLE		366,823	0	0
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	66,036	2,165,825	SH		SOLE		22,165,825	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	94,168	1,577,102	SH		SOLE		1,577,102	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	74,046	1,465,801	SH		SOLE		1,465,801	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	60,471	973,269	SH		SOLE		973,269	0	0
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	21,053	434,383	SH		SOLE		434,383	0	0
EV ENERGY PARTNERS LP	COM UNITS	26926V107	485	13,097	SH		SOLE		13,097	0	0
EXTERRAN PARTNERS LP	COM UNITS	30225N105	5,917	196,000	SH		SOLE		196,000	0	0
FERRELLGAS PARTNERS L.P.	UNIT LTD PART	315293100	2,878	133,000	SH		SOLE		133,000	0	0
FLOWSERVE CORP	COM	34354P105	1,162	21,510	SH		SOLE		21,510	0	0
FLUOR CORP NEW	COM	343412102	2,675	45,100	SH		SOLE		45,100	0	0
FMC TECHNOLOGIES INC	COM	30249U101	557	10,000	SH		SOLE		10,000	0	0
FOSTER WHEELER AG	COM	H27178104	559	25,750	SH		SOLE		25,750	0	0
GENESEE & WYO INC	CL A	371559105	1,044	12,300	SH		SOLE		12,300	0	0
GENESIS ENERGY L P	UNIT LTD PARTN	371927104	78,867	152,621	SH		SOLE		152,621	0	0
GOLAR LNG LTD BERMUDA	SHS	G9456A100	1,594	50,000	SH		SOLE		50,000	0	0
GREENBRIER COS INC	COM	393657101	2,832	116,200	SH		SOLE		116,200	0	0
HALLIBURTON CO	COM	406216101	582	13,950	SH		SOLE		13,950	0	0
HELIX ENERGY SOLUTIONS GRP I	COM	42330P107	346	15,000	SH		SOLE		15,000	0	0
HOLLY ENERGY PARTNERS L P	COM UT LTD PTN	435763107	219	5,752	SH		SOLE		5,752	0	0
HOLLYFRONTIER CORP	COM	436106108	5,720	133,700	SH		SOLE		133,700	0	0
HORNBECK OFFSHORE SVCS INC N	COM	440543106	2,892	54,060	SH		SOLE		54,060	0	0
HUGOTON RTY TR TEX	UNIT BEN INT	444717102	2,837	329,110	SH		SOLE		329,110	0	0
ILLINOIS TOOL WKS INC	COM	452308109	356	5,150	SH		SOLE		5,150	0	0
INERGY L P	UNIT LTD PTNR	456615103	54,798	3,426,386	SH		SOLE		3,426,386	0	0
INERGY MIDSTREAM LP	U LTD PARTNERS	45671U106	21,106	949,119	SH		SOLE		949,119	0	0
JACOBS ENGR GROUP INC DEL	COM	469814107	2,205	40,000	SH		SOLE		40,000	0	0
KANSAS CITY SOUTHERN	COM NEW	485170302	2,295	21,660	SH		SOLE		221,660	0	0
KBR INC	COM	48242W106	2,616	80,500	SH		SOLE		80,500	0	0
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	5,648	66,168	SH		SOLE		66,168	0	0
KINDER MORGAN INC DEL	COM	49456B101	14,538	381,732	SH		SOLE		381,732	0	0
KINDER MORGAN MANAGEMENT LLC	SHS	49455U100	40,565	485,288	SH		SOLE		485,288	0	0
KIRBY CORP	COM	497266106	3,546	44,580	SH		SOLE		44,580	0	0
KNOT OFFSHORE PARTNERS LP	COM UNITS	Y48125101	1,896	86,100	SH		SOLE		86,100	0	0
LEGACY RESERVES LP	UNIT LP INT	524707304	24,898	936,007	SH		SOLE		936,007	0	0
LINCOLN ELEC HLDGS INC	COM	533900106	418	7,300	SH		SOLE		7,300	0	0
LINN ENERGY LLC	UNIT LTD LIAB	536020100	58,506	1,763,244	SH		SOLE		1,763,244	0	0
LRR ENERGY LP	COM	50214A104	3,310	224,852	SH		SOLE		224,852	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	6,206	93,665	SH		SOLE		93,665	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	69,998	1,289,233	SH		SOLE		1,289,233	0	0
MANITOWOC INC	COM	563571108	304	17,000	SH		SOLE		17,000	0	0
MARATHON PETE CORP	COM	56585A102	24,188	340,900	SH		SOLE		340,900	0	0
MARKWEST ENERGY PARTNERS L P	UNIT LTD PARTN	570759100	73,572	1,101,386	SH		SOLE		1,101,386	0	0
MEMORIAL PRODTN PARTNERS LP	COM U REP LTD	586048100	15,241	777,597	SH		SOLE		777,597	0	0
MID CON ENERGY PARTNERS LP	COM UNIT REPST	59560V109	16,202	718,493	SH		SOLE		718,493	0	0
MINE SAFETY APPLIANCES CO	COM	602720104	433	9,300	SH		SOLE		9,300	0	0
MPLX LP	COM UNIT REP LTD	55336V100	29,053	791,521	SH		SOLE		791,521	0	0
MRC GLOBAL INC	COM	55345K103	1,795	65,000	SH		SOLE		65,000	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	241	3,500	SH		SOLE		3,500	0	0
NATURAL RESOURCE PARTNERS L	COM UNIT L P	63900P103	7,195	349,800	SH		SOLE		349,800	0	0
NAVISTAR INTL CORP NEW	COM	63934E108	278	10,000	SH		SOLE		10,000	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	76,661	2,540,837	SH		SOLE		2,540,837	0	0
NISKA GAS STORAGE PARTNERS L	UNIT LTD LIABI	654678101	2,614	175,000	SH		SOLE		175,000	0	0
NORTHERN TIER ENERGY LP	COM UN REPR PART	665826103	2,916	121,400	SH		SOLE		121,400	0	0
NORTHWEST NAT GAS CO	COM	667655104	1,487	35,000	SH		SOLE		35,000	0	0
NUCOR CORP	COM	670346105	866	20,000	SH		SOLE		20,000	0	0
NUSTAR ENERGY LP	UNIT COM	67058H102	39,909	874,211	SH		SOLE		874,211	0	0
NUSTAR GP HOLDINGS LLC	UNIT RESTG LLC	67059L102	2,952	110,449	SH		SOLE		110,449	0	0
OASIS PETE INC NEW	COM	674215108	674	17,350	SH		SOLE		17,350	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	2,026	22,700	SH		SOLE		22,700	0	0
OILTANKING PARTNERS L P	UNIT LTD	678049107	9,003	177,461	SH		SOLE		177,461	0	0
OLD DOMINION FGHT LINES INC	COM	679580100	312	7,500	SH		SOLE		7,500	0	0
ONEOK INC NEW	COM	682680103	43,481	1,052,391	SH		SOLE		1,052,391	0	0
ONEOK PARTNERS LP	UNIT LTD PARTN	68268N103	14,816	299,175	SH		SOLE		299,175	0	0
PACIFIC COAST OIL TR	UNIT BEN INT	694103102	10,668	591,658	SH		SOLE		591,658	0	0
PBF ENERGY INC	CL A	69318G106	342	13,200	SH		SOLE		13,200	0	0
PETROLOGISTICS LP	UNIT LTD PTH INT	71672U101	3,326	251,000	SH		SOLE		251,000	0	0
PG&E CORP	COM	69331C108	1,372	30,000	SH		SOLE		30,000	0	0
PHILLIPS 66	COM	718546104	27,348	464,823	SH		SOLE		464,823	0	0
PINNACLE WEST CAP CORP	COM	723484101	344	6,200	SH		SOLE		6,200	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	77,597	1,393,261	SH		SOLE		1,393,261	0	0
PPL CORP	COM	69351T106	3,307	109,300	SH		SOLE		109,300	0	0
PVR PARTNERS L P	COM UNIT REPTG L	693665101	45,643	1,671,900	SH		SOLE		1,671,900	0	0
QR ENERGY LP	UNIT LTD PRTNS	74734R108	28,828	1,638,865	SH		SOLE		1,638,865	0	0
QUALITY DISTR INC FLA	COM	74756M102	477	54,000	SH		SOLE		54,000	0	0
QUANTA SVCS INC	COM	74762E102	681	25,750	SH		SOLE		25,750	0	0
RANGE RES CORP	COM	75281A109	244	3,150	SH		SOLE		3,150	0	0
REGENCY ENERGY PARTNERS L P	COM UNITS L P	75885Y107	21,414	794,000	SH		SOLE		794,000	0	0
RENTECH NITROGEN PARTNERS L	COM UNIT	760113100	1,886	64,100	SH		SOLE		64,100	0	0
ROSE ROCK MIDSTREAM L P	COM U REP LTD	777149105	14,124	386,082	SH		SOLE		386,082	0	0
ROSETTA RESOURCES INC	COM	777779307	734	17,261	SH		SOLE		17,261	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	2,520	39,500	SH		SOLE		39,500	0	0
SABINE ROYALTY TR	UNIT BEN INT	785688102	586	11,346	SH		SOLE		11,346	0	0
SAIA INC	COM	78709Y105	480	16,000	SH		SOLE		16,000	0	0
SCORPIO TANKERS INC	SHS	Y7542C106	108	12,000	SH		SOLE		12,000	0	0
SEADRILL LIMITED	SHS	G7945E105	3,263	80,100	SH		SOLE		80,100	0	0
SEMGROUP CORP	CL A	81663A105	29,888	556,789	SH		SOLE		556,789	0	0
SOUTHERN CO	COM	842587107	1,787	40,500	SH		SOLE		40,500	0	0
SPECTRA ENERGY CORP	COM	847560109	20,793	603,400	SH		SOLE		603,400	0	0
SPECTRA ENERGY PARTNERS LP	COM	84756N109	9,107	198,332	SH		SOLE		198,332	0	0
SUBURBAN PROPANE PARTNERS L	UNIT LTD PARTN	864482104	15,589	335,617	SH		SOLE		335,617	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	53,903	845,611	SH		SOLE		845,611	0	0
SWIFT TRANSN CO	CL A	87074U101	2,742	165,800	SH		SOLE		165,800	0	0
TARGA RES CORP	COM	87612G101	62,921	979,741	SH		SOLE		979,741	0	0
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	77,764	1,543,522	SH		SOLE		1,543,522	0	0
TC PIPELINES LP	UT COM LTD PRT	87233Q108	10,470	216,850	SH		SOLE		216,850	0	0
TESORO CORP	COM	881609101	2,899	55,400	SH		SOLE		55,400	0	0
TESORO LOGISTICS LP	COM UNIT LP	88160T107	58,157	963,309	SH		SOLE		963,309	0	0
TRINITY INDS INC	COM	896522109	3,260	84,820	SH		SOLE		84,820	0	0
UBS AG JERSEY BRANCH	2XMN ALR MLP INF	902664200	5,513	100,000	SH		SOLE		100,000	0	0
UBS AG JERSEY BRH	AG MNTH SHR EX	902641612	391	30,000	SH		SOLE		30,000	0	0
UBS AG JERSEY BRH	ALERIAN INFRST	902641646	5,028	128,000	SH		SOLE		128,000	0	0
UNITED RENTALS INC	COM	911363109	3,608	72,300	SH		SOLE		72,300	0	0
VANGUARD NATURAL RESOURCES L	COM UNIT	92205F106	19,301	691,784	SH		SOLE		691,784	0	0
WABASH NATL CORP	COM	929566107	204	20,000	SH		SOLE		20,000	0	0
WABCO HLDGS INC	COM	92927K102	373	5,000	SH		SOLE		5,000	0	0
WABTEC CORP	COM	929740108	1,304	24,400	SH		SOLE		24,400	0	0
WESTERN GAS EQUITY PARTNERS	COMUNT LTD PT	95825R103	28,232	687,689	SH		SOLE		687,689	0	0
WESTERN GAS PARTNERS LP	COM UNIT LP IN	958254104	51,569	796,249	SH		SOLE		796,249	0	0
WESTERN REFNG INC	COM	959319104	1,754	62,500	SH		SOLE		62,500	0	0
WESTLAKE CHEM CORP	COM	960413102	2,912	30,200	SH		SOLE		30,200	0	0
WILLIAMS COS INC DEL	COM	969457100	48,221	1,485,100	SH		SOLE		1,485,100	0	0
WILLIAMS PARTNERS L P	COM UNIT L P	96950F104	63,771	1,236,025	SH		SOLE		1,236,025	0	0