WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q4 2016

Hedge fundSEC filingsCompare with another fundHoldings as of 2016-12-31, filed 2017-02-24

HITE Hedge Asset Management LLC disclosed 54 US equity positions worth $385.8m in its Q4 2016 13F filing. Its largest position is RICE MIDSTREAM PARTNERS LP at 7.1% of the reported book, followed by NGL and PAA. Versus Q3 2016 it opened 11 new positions, added to 20, reduced 10 and exited 9.

$386m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
54
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.1%
Largest position
The largest single position as a share of the reported equity book.
53.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
26
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
55
Quarters on file since Q4 2012
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2016: 11 new, 20 added, 10 reduced, 9 exited

50 of 54
RICE MIDSTREAM PARTNERS LP no ticker–7.1%$27.6m1.12m+200%added
NGL NGL ENERGY PARTNERS LPEnergy6.9%$26.7m1.27m+6.0%added
PAA PLAINS ALL AMERN PIPELINE LEnergy6.5%$25.0m775,310+4455%added
EPD ENTERPRISE PRODS PARTNERS LEnergy5.9%$22.6m836,753+161%added
GLNG GOLAR LNG LTDEnergy5.6%$21.6m942,970+101%added
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–5.0%$19.3m535,730+11%added
TESORO LOGISTICS LP no ticker–4.5%$17.3m340,150–new
ARCHROCK PARTNERS L P no ticker–4.3%$16.5m1.03m+5.2%added
PENNTEX MIDSTREAM PARTNERS L no ticker–4.3%$16.4m1.09m+0.4%held
CHENIERE ENERGY PTNRS LP HLD no ticker–3.4%$13.3m594,942+117%added
AROC ARCHROCK INCEnergy3.3%$12.6m951,9580.0%held
GLP GLOBAL PARTNERS LP–3.0%$11.7m599,216+3.5%added
SUNOCO LOGISTICS PRTNRS L P no ticker–2.8%$10.8m449,800+1076%added
EVAUSD ENVIVA PARTNERS LP–2.6%$9.9m369,2410.0%held
WESTERN GAS EQUITY PARTNERS no ticker–2.2%$8.5m201,633+462%added
JP ENERGY PARTNERS LP no ticker–2.2%$8.4m833,848+66%added
WILLIAMS PARTNERS L P NEW no ticker–2.0%$7.9m207,700–new
SPH SUBURBAN PROPANE PARTNERS LUtilities1.8%$7.1m236,542−46%reduced
ONEOK PARTNERS LP no ticker–1.8%$7.0m163,894+1707%added
WESTERN REFNG INC no ticker–1.8%$7.0m185,994–new
WLKP WESTLAKE CHEM PARTNERS LP–1.8%$6.9m317,8440.0%held
DKL DELEK LOGISTICS PARTNERS LP–1.8%$6.8m237,341+11%added
MMLP MARTIN MIDSTREAM PRTNRS L P–1.7%$6.5m356,704+4.0%added
MPLX MPLX LPEnergy1.6%$6.3m181,560+181%added
AMIDUSD AMERICAN MIDSTREAM PARTNERS–1.6%$6.1m337,397−3.5%reduced
MPC Marathon Petroleum CorpEnergy1.1%$4.3m86,400–new
ENLINK MIDSTREAM PARTNERS LP no ticker–1.1%$4.1m220,944+74%added
SMLPUSD SUMMIT MIDSTREAM PARTNERS LP–0.9%$3.6m144,289–new
GEL GENESIS ENERGY L PEnergy0.9%$3.5m98,299+1436%added
TEEKAY OFFSHORE PARTNERS L P no ticker–0.9%$3.3m655,526+32%added
TRANSMONTAIGNE PARTNERS L P no ticker–0.8%$3.1m70,3440.0%held
TEEKAY LNG PARTNERS L P no ticker–0.8%$3.1m213,830−30%reduced
TIP ISHARES TR–0.8%$3.1m27,000–new
RICEEUR RICE ENERGY INC–0.8%$2.9m136,847−44%reduced
WESTERN REFNG LOGISTICS LP no ticker–0.7%$2.8m130,493−70%reduced
ENERGY TRANSFER PRTNRS L P no ticker–0.7%$2.5m70,424–new
VTTI ENERGY PARTNERS LP no ticker–0.6%$2.4m147,352−80%reduced
TK TEEKAY CORPORATIONEnergy0.6%$2.4m296,206−78%reduced
EQT GP HLDGS LP no ticker–0.6%$2.4m93,879–new
PAGPEUR PLAINS GP HLDGS L P–0.6%$2.2m63,098–new
NUSTAR GP HOLDINGS LLC no ticker–0.4%$1.7m58,312−73%reduced
CVR REFNG LP no ticker–0.4%$1.5m141,860–new
0E41 ENLINK MIDSTREAM LLC–0.4%$1.4m73,901−94%reduced
ALLIANCE HOLDINGS GP LP no ticker–0.3%$1.1m39,244+9.6%added
TRGP TARGA RES CORPEnergy0.3%$993k17,707−83%reduced
BKEPUSD BLUEKNIGHT ENERGY PARTNERS L–0.2%$935k136,4480.0%held
RENTECH INC no ticker–0.2%$615k247,9600.0%held
ADP AUTOMATIC DATA PROCESSING INTechnology0.09%$349k3,4000.0%held
JNJ JOHNSON & JOHNSONHealthcare0.08%$319k2,7710.0%held
JPM JPMORGAN CHASE & COFinancial Services0.08%$293k3,3920.0%held

Exited since Q3 2016

9 rows
ET ENERGY TRANSFER LP3.1%$9.8m
WMB WILLIAMS COS INC2.9%$9.3m
SANCHEZ MIDSTREAM PARTNERS L no ticker1.9%$5.8m
XIFR XPLR INFRASTRUCTURE LP1.3%$4.1m
SHLXUSD SHELL MIDSTREAM PARTNERS L P1.2%$3.9m
SLV ISHARES SILVER TRUST0.9%$2.7m
CVI CVR ENERGY INC0.7%$2.3m
ALDWUSD ALON USA PARTNERS LP0.4%$1.2m
DOMINION ENERGY MIDSTRM PRTN no ticker0.2%$485k

Sector mix

  • Unclassified65.1%
  • Energy32.7%
  • Utilities1.8%
  • Healthcare0.1%
  • Technology0.09%
  • Financial Services0.08%
  • Industrials0.06%

Book over time

Every quarter on file (55)
QuarterPositionsEquity book
Q2 2026124$1.8bn
Q1 2026126$1.8bn
Q4 2025119$1.6bn
Q3 2025114$1.8bn
Q2 2025111$1.7bn
Q1 2025107$1.6bn
Q4 202498$1.4bn
Q3 202485$870m
Q2 202496$1.0bn
Q1 202485$998m
Q4 202386$951m
Q3 2023106$931m
Q2 202388$866m
Q1 202395$1.3bn
Q4 202281$1.2bn
Q3 202287$1.2bn
Q2 202286$1.1bn
Q1 2022142$1.0bn
Q4 2021153$869m
Q3 2021147$794m
Q2 2021144$711m
Q1 2021161$666m
Q4 2020120$429m
Q3 2020100$320m
Q2 202092$272m
Q1 202068$312m
Q4 201993$499m
Q3 201970$488m
Q2 201971$633m
Q1 201966$611m
Q4 201856$508m
Q3 201857$601m
Q2 201853$628m
Q1 201855$459m
Q4 201762$562m
Q3 201755$386m
Q2 201747$290m
Q1 201750$407m
Q4 201654$386m
Q3 201652$314m
Q2 201647$246m
Q1 201657$230m
Q4 201556$231m
Q3 201554$237m
Q2 201564$350m
Q1 201560$305m
Q4 201469$262m
Q3 201484$368m
Q2 201466$314m
Q1 201466$315m
Q4 201361$279m
Q3 201360$241m
Q2 201354$214m
Q1 201336$169m
Q4 201224$54.0m

Where HITE Hedge Asset Management LLC was early

58 rows
MPLX MPLX LPQ1 20131 of 500.4%6.9%22Exited by Q4 2020−58%
KNOP KNOT OFFSHORE PARTNERS LPQ2 20131 of 242.0%3.1%12Exited by Q2 2017+5.8%
OKE ONEOK INC NEWQ2 20131 of 1360.9%3.1%7Exited by Q1 2026+103%
EPD ENTERPRISE PRODS PARTNERS LQ2 20134 of 650.8%7.9%17Exited by Q4 2020−49%
KYN KAYNE ANDERSN MLP MIDS INVTQ3 20131 of 360.1%2.2%7Exited by Q4 2019−60%
PAA PLAINS ALL AMERN PIPELINE LQ4 20131 of 471.6%6.5%14Exited by Q4 2020−88%
TK TEEKAY CORPORATIONQ4 20133 of 870.9%7.5%10Exited by Q1 2017−83%
0E41 ENLINK MIDSTREAM LLCQ1 20141 of 811.8%6.8%14Exited by Q1 2025–
CQP CHENIERE ENERGY PARTNERS LPQ1 20142 of 280.3%1.7%9Exited by Q2 2018−3.0%
WEP MAGELLAN MIDSTREAM PRTNRS LPQ1 20143 of 331.1%3.7%6Exited by Q4 2020−51%
XLF SELECT SECTOR SPDR TRQ1 20147 of 1522.3%3.0%5Exited by Q2 2015+7.9%
SLV ISHARES SILVER TRQ1 20148 of 1140.9%1.1%21Exited by Q4 2020+14%
GLNG GOLAR LNG LTDQ2 20147 of 1670.7%12.0%31Held at last filing, Q2 2026−17%
XIFR NEXTERA ENERGY PARTNERS LPQ3 20145 of 1120.09%2.8%5Exited by Q4 2016−19%
SUN SUNOCO LP/SUNOCO FIN CORPQ4 20142 of 381.1%1.1%4Exited by Q4 2020−51%
NI NISOURCE INCQ1 20153 of 1105.9%10.9%24Held at last filing, Q2 2026+174%
ENB ENBRIDGE INCQ3 20154 of 1022.7%6.1%7Exited by Q2 2025+19%
AROC ARCHROCK INCQ2 20162 of 1075.1%5.1%9Exited by Q4 2025+179%
CVI CVR ENERGY INCQ3 20162 of 830.7%1.7%9Exited by Q1 2022+22%
KRP KIMBELL RTY PARTNERS LPQ1 20175 of 470.5%1.4%15Exited by Q2 2022−17%
HCC WARRIOR MET COAL INCQ2 20178 of 1320.2%2.8%8Exited by Q1 2020+23%
AR ANTERO RESOURCES CORPQ2 201710 of 1930.5%3.9%18Exited by Q1 2026+59%
EQT EQT CORPQ2 201723 of 2314.5%5.0%25Exited by Q2 2026+100%
NINE NINE ENERGY SVC INCQ1 20181 of 452.5%2.7%7Exited by Q4 2019−83%
TALO TALOS ENERGY INCQ4 201812 of 1120.07%3.0%14Exited by Q3 2024−26%
NGS NATURAL GAS SERVICES GROUPQ1 20191 of 470.10%1.7%8Exited by Q1 2021−45%
MGY MAGNOLIA OIL & GAS CORPQ1 201910 of 1020.07%2.0%5Exited by Q1 2026+82%
OXY OCCIDENTAL PETE CORPQ1 201920 of 1920.08%2.7%6Exited by Q1 2023−4.9%
WES WESTERN MIDSTREAM PARTNERS LQ2 20194 of 363.9%3.9%3Exited by Q1 2020−36%
MUR MURPHY OIL CORPQ2 20197 of 1090.07%3.4%11Exited by Q2 2026+67%
SM SM ENERGY COMPANYQ2 20197 of 1260.08%2.9%15Exited by Q2 2026+149%
SU SUNCOR ENERGY INC NEWQ3 201911 of 1360.1%2.6%11Held at last filing, Q2 2026+70%
CMS CMS ENERGY CORPQ1 20206 of 910.2%6.8%14Exited by Q2 2025+28%
ED CONSOLIDATED EDISON INCQ1 202010 of 940.2%1.6%4Held at last filing, Q2 2026+42%
VCLT VANGUARD SCOTTSDALE FDSQ2 20201 of 292.5%3.6%9Exited by Q3 2022−24%
POR PORTLAND GEN ELEC COQ2 20203 of 810.4%8.1%24Held at last filing, Q2 2026+24%
OVV OVINTIV INCQ2 20204 of 1560.09%7.6%21Exited by Q2 2026+522%
ETR ENTERGY CORP NEWQ2 20209 of 1290.4%9.9%24Held at last filing, Q2 2026+145%
DTE DTE ENERGY COQ2 202010 of 910.4%8.5%19Held at last filing, Q2 2026+67%
RUN SUNRUN INCQ2 202012 of 1740.4%1.0%6Exited by Q4 2021+123%
VCIT VANGUARD SCOTTSDALE FDSQ3 20202 of 451.6%3.0%7Exited by Q2 2022−10%
LNT ALLIANT ENERGY CORPQ4 20206 of 982.4%2.7%22Held at last filing, Q2 2026+48%
AES AES CORPQ4 20209 of 1691.8%1.8%5Exited by Q1 2026−39%
XEL XCEL ENERGY INCQ1 20212 of 1161.7%7.9%21Held at last filing, Q2 2026+21%
MDU MDU RES GROUP INCQ1 20213 of 1081.5%3.6%6Held at last filing, Q2 2026+76%
STEM STEM INCQ2 20212 of 912.8%2.8%12Exited by Q2 2024−94%
DTM DT MIDSTREAM INCQ3 20214 of 1061.1%5.0%6Exited by Q2 2025+109%
CHRD CHORD ENERGY CORPORATIONQ3 20217 of 1341.3%3.6%16Held at last filing, Q2 2026+15%
AEBA ALLETE INCQ4 20213 of 970.7%1.3%4Exited by Q2 2024+35%
NFE NEW FORTRESS ENERGY INCQ4 202110 of 1290.3%9.9%11Exited by Q4 2024−62%

Concentration and tenure

8.2%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
50.5%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters