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 COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2022
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: CUSHING ASSET MANAGEMENT, LP
Address: 300 CRESCENT COURT
SUITE 1700
DALLAS , TX75201
Form 13F File Number: 028-12384

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: Jerry V. Swank
Title: Chairman
Phone: 214.692.6334
Signature, Place, and Date of Signing:
/s/ Jerry V. Swank Dallas , TX 08-15-2022
[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 reported are 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: 3
Form 13F Information Table Entry Total: 91
Form 13F Information Table Value Total: 975,937
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
028-06325 NEW YORK LIFE INVESTMENT MANAGEMENT LLC
028-00541 Citigroup Global Markets Inc.
028-17359 Wilshire Advisors LLC

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. Form 13F File Number Name
1 028-06325 NEW YORK LIFE INVESTMENT MANAGEMENT LLC
2 028-00541 Citigroup Global Markets Inc.
3 028-17359 Wilshire Advisors LLC


SEC FORM 13F-HR

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: July 31, 2015
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
AES CORP COM 00130H105 504 24,000 SH DFND 3 24,000 0 0
AKOUSTIS TECHNOLOGIES INC COM 00973N102 449 121,441 SH SOLE 0 0 121,441
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 411 2,821 SH SOLE 0 0 2,821
AMERESCO INC CL A 02361E108 473 10,371 SH DFND 3 10,371 0 0
AMERICAN TOWER CORP NEW COM 03027X100 4,734 18,523 SH SOLE 18,523 0 0
ARRAY TECHNOLOGIES INC COM SHS 04271T100 1,892 171,877 SH DFND 3 169,212 0 2,665
ATLANTICA SUSTAINABLE INFR P SHS G0751N103 7,426 230,200 SH DFND 3 230,200 0 0
AZURE PWR GLOBAL LTD SHS V0393H103 4,199 368,347 SH SOLE 3 368,347 0 0
BLOOM ENERGY CORP COM CL A 093712107 479 29,000 SH SOLE 29,000 0 0
CHARGEPOINT HOLDINGS INC COM CL A 15961R105 931 68,000 SH DFND 3 68,000 0 0
CHART INDS INC COM 16115Q308 749 4,477 SH SOLE 4,045 0 432
CHENIERE ENERGY INC COM NEW 16411R208 78,864 592,830 SH DFND 1 2 592,165 0 665
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 2,396 53,394 SH SOLE 53,394 0 0
CHINDATA GROUP HLDGS LTD ADS 16955F107 112 14,400 SH SOLE 14,400 0 0
CLEARWAY ENERGY INC CL C 18539C204 26,721 766,691 SH DFND 1 3 766,691 0 280
CRESCENT ENERGY COMPANY CL A COM 44952J104 517 41,395 SH SOLE 41,395 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 16,235 674,215 SH DFND 1 2 673,125 0 1,090
CROWN CASTLE INTL CORP NEW COM 22822V101 2,979 17,695 SH SOLE 17,695 0 0
CYTOSORBENTS CORP COM NEW 23283X206 25 11,464 SH SOLE 0 0 11,464
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 22,807 771,020 SH DFND 1 2 770,050 0 970
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 2,922 60,000 SH SOLE 60,000 0 0
DIGITAL RLTY TR INC COM 253868103 4,985 38,400 SH SOLE 38,400 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107 14,569 297,200 SH DFND 1 2 296,810 0 390
ENBRIDGE INC COM 29250N105 37,610 889,965 SH DFND 1 2 888,885 0 1,080
ENERGY RECOVERY INC COM 29270J100 217 11,178 SH DFND 3 11,178 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 74,642 7,479,171 SH SOLE 1 2 7,471,126 0 8,045
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 1,996 200,000 SH Call SOLE 200,000 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 19,411 2,283,669 SH DFND 1 2 2,281,554 0 2,115
ENPHASE ENERGY INC COM 29355A107 4,321 22,130 SH DFND 3 22,130 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 37,028 1,519,415 SH DFND 1 2 1,516,975 0 2,440
EOG RES INC COM 26875P101 828 7,500 SH SOLE 7,500 0 0
EQUITRANS MIDSTREAM CORP COM 294600101 21,540 3,386,747 SH DFND 1 2 3,382,249 0 4,498
EVGO INC CL A COM 30052F100 417 69,339 SH DFND 3 69,339 0 0
EVOQUA WATER TECHNOLOGIES CO COM 30057T105 360 11,080 SH DFND 3 10,345 0 735
EXACT SCIENCES CORP COM 30063P105 406 10,311 SH SOLE 0 0 10,311
FIRST SOLAR INC COM 336433107 263 3,864 SH DFND 3 3,864 0 0
FLUENCE ENERGY INC COM CL A 34379V103 2,169 228,812 SH DFND 3 228,812 0 0
FTC SOLAR INC COM 30320C103 261 72,161 SH DFND 3 72,161 0 0
FUELCELL ENERGY INC COM 35952H601 143 38,029 SH DFND 3 38,029 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108 3,133 93,823 SH SOLE 93,823 0 0
GENERAC HLDGS INC COM 368736104 246 1,167 SH DFND 3 1,167 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 212 26,440 SH DFND 2 25,455 0 985
HESS MIDSTREAM LP CL A SHS 428103105 25,983 927,965 SH DFND 1 2 927,295 0 670
HUBSPOT INC COM 443573100 434 1,444 SH SOLE 0 0 1,444
INFRA AND ENERGY ALTRNTIVE I COM 45686J104 442 55,000 SH DFND 3 55,000 0 0
INTRA-CELLULAR THERAPIES INC COM 46116X101 756 13,248 SH SOLE 0 0 13,248
ITRON INC COM 465741106 252 5,089 SH DFND 3 5,089 0 0
KIMBELL RTY PARTNERS LP UNIT 49435R102 3,136 200,000 SH SOLE 200,000 0 0
KINDER MORGAN INC DEL COM 49456B101 41,662 2,485,820 SH DFND 1 2 2,483,850 0 1,970
KORNIT DIGITAL LTD SHS M6372Q113 344 10,855 SH SOLE 0 0 10,855
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 10,842 227,006 SH DFND 1 2 226,336 0 670
MARATHON PETE CORP COM 56585A102 19,542 237,710 SH DFND 1 2 237,420 0 290
MAXEON SOLAR TECHNOLOGIES LT SHS Y58473102 1,044 78,536 SH DFND 3 78,536 0 0
MP MATERIALS CORP COM CL A 553368101 418 13,044 SH SOLE 0 0 13,044
MPLX LP COM UNIT REP LTD 55336V100 36,763 1,261,156 SH DFND 1 2 1,258,771 0 2,385
NEXTDECADE CORP COM 65342K105 257 57,800 SH SOLE 57,800 0 0
NEXTERA ENERGY INC COM 65339F101 2,634 34,000 SH SOLE 34,000 0 0
NEXTERA ENERGY PARTNERS LP COM UNIT PART IN 65341B106 33,524 452,056 SH DFND 1 2 3 451,691 0 365
NIO INC SPON ADS 62914V106 876 40,312 SH DFND 3 40,312 0 0
NIU TECHNOLOGIES ADS 65481N100 2,603 302,721 SH DFND 3 302,721 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 6,720 480,000 SH SOLE 480,000 0 0
ONEOK INC NEW COM 682680103 35,044 631,427 SH DFND 1 2 630,627 0 800
PEMBINA PIPELINE CORP COM 706327103 49,440 1,398,572 SH DFND 1 2 1,397,202 0 1,370
PIONEER NAT RES CO COM 723787107 781 3,500 SH SOLE 3,500 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 4,401 448,210 SH DFND 2 445,440 0 2,770
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 57,151 5,537,863 SH DFND 1 2 5,535,278 0 2,585
PLANET FITNESS INC CL A 72703H101 625 9,197 SH SOLE 0 0 9,197
PLUG POWER INC COM NEW 72919P202 1,951 117,722 SH DFND 3 117,722 0 0
RAPID7 INC COM 753422104 523 7,832 SH SOLE 0 0 7,832
RENEW ENERGY GLOBAL PLC CL A SHS G7500M104 3,213 496,553 SH DFND 3 496,553 0 0
RINGCENTRAL INC CL A 76680R206 362 6,927 SH SOLE 0 0 6,927
SBA COMMUNICATIONS CORP NEW CL A 78410G104 5,761 18,000 SH SOLE 18,000 0 0
SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,070 64,900 SH DFND 3 64,900 0 0
SMARTSHEET INC COM CL A 83200N103 450 14,307 SH SOLE 0 0 14,307
SOLAREDGE TECHNOLOGIES INC COM 83417M104 6,590 24,079 SH DFND 3 24,079 0 0
STEM INC COM 85859N102 1,240 173,200 SH DFND 3 173,200 0 0
SUNNOVA ENERGY INTL INC. COM 86745K104 470 25,500 SH DFND 3 25,500 0 0
SUNRUN INC COM 86771W105 4,470 191,350 SH DFND 3 191,350 0 0
SVB FINANCIAL GROUP COM 78486Q101 568 1,437 SH SOLE 0 0 1,437
SWITCH INC CL A 87105L104 5,025 150,000 SH SOLE 150,000 0 0
TARGA RES CORP COM 87612G101 2,984 50,000 SH Call SOLE 50,000 0 0
TARGA RES CORP COM 87612G101 65,835 1,103,325 SH DFND 1 2 1,102,045 0 1,280
TC ENERGY CORP COM 87807B107 34,393 663,820 SH DFND 1 2 663,120 0 700
TELLURIAN INC NEW COM 87968A104 2,578 865,000 SH DFND 1 865,000 0 0
TESLA INC COM 88160R101 898 1,334 SH DFND 3 1,334 0 0
VIEW INC COM CL A 92671V106 686 423,480 SH SOLE 0 0 423,480
VNET GROUP INC SPONSORED ADS A 90138A103 3,673 608,141 SH SOLE 608,141 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 2,602 167,007 SH SOLE 167,007 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 46,888 1,928,741 SH DFND 1 2 1,926,886 0 1,855
WILLIAMS COS INC COM 969457100 46,893 1,502,497 SH DFND 1 2 1,500,796 0 1,701
XYLEM INC COM 98419M100 558 7,132 SH DFND 3 7,132 0 0