WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q1 2017

Hedge fundSEC filingsCompare with another fundHoldings as of 2017-03-31, filed 2017-05-05

HITE Hedge Asset Management LLC disclosed 50 US equity positions worth $407.1m in its Q1 2017 13F filing. Its largest position is PAGPEUR at 8.8% of the reported book, followed by CHENIERE ENERGY PTNRS LP HLD and NGL. Versus Q4 2016 it opened 15 new positions, added to 12, reduced 13 and exited 19.

$407m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
50
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.8%
Largest position
The largest single position as a share of the reported equity book.
59.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 Q4 2016: 15 new, 12 added, 13 reduced, 19 exited

50 rows
PAGPEUR PLAINS GP HLDGS L P–8.8%$35.7m1.14m+1711%added
CHENIERE ENERGY PTNRS LP HLD no ticker–8.3%$33.8m1.38m+132%added
NGL NGL ENERGY PARTNERS LPEnergy7.1%$28.8m1.27m0.0%held
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–6.9%$27.9m535,7300.0%held
RICE MIDSTREAM PARTNERS LP no ticker–6.5%$26.6m1.05m−6.2%reduced
GLNG GOLAR LNG LTDEnergy6.0%$24.4m874,308−7.3%reduced
ARCHROCK PARTNERS L P no ticker–4.8%$19.6m1.14m+11%added
WMB WILLIAMS COS INCEnergy4.0%$16.3m551,092–new
DCPUSD DCP MIDSTREAM LP–3.4%$13.9m355,066–new
GOLAR LNG PARTNERS LP no ticker–3.4%$13.8m615,705–new
VIPER ENERGY PARTNERS LP no ticker–3.1%$12.6m703,356–new
GLP GLOBAL PARTNERS LP–3.0%$12.1m621,220+3.7%added
GASLOG LTD no ticker–3.0%$12.0m783,876–new
FAIRMOUNT SANTROL HLDGS INC no ticker–2.9%$12.0m1.63m–new
AROC ARCHROCK INCEnergy2.9%$11.8m951,9580.0%held
DKL DELEK LOGISTICS PARTNERS LP–2.6%$10.6m318,027+34%added
AMIDUSD AMERICAN MIDSTREAM PARTNERS–2.4%$9.9m665,069+97%added
TESORO LOGISTICS LP no ticker–2.3%$9.5m174,807−49%reduced
ONEOK PARTNERS LP no ticker–2.2%$8.9m165,692+1.1%added
WESTERN REFNG INC no ticker–1.6%$6.5m185,9940.0%held
MMLP MARTIN MIDSTREAM PRTNRS L P–1.5%$5.9m296,786−17%reduced
SUNOCO LOGISTICS PRTNRS L P no ticker–1.2%$5.1m208,250−54%reduced
ANTERO MIDSTREAM PARTNERS LP no ticker–1.2%$4.8m145,750–new
WESTERN REFNG LOGISTICS LP no ticker–1.1%$4.6m180,868+39%added
NUSTAR GP HOLDINGS LLC no ticker–0.9%$3.6m128,440+120%added
HCRSQ HI-CRUSH PARTNERS LP–0.9%$3.5m204,581–new
SMLPUSD SUMMIT MIDSTREAM PARTNERS LP–0.9%$3.5m146,983+1.9%added
KNOP KNOT OFFSHORE PARTNERS LPEnergy0.9%$3.5m149,554–new
TEGPUSD TALLGRASS ENERGY LP–0.6%$2.5m88,574+973%added
ALDWUSD ALON USA PARTNERS LP–0.6%$2.5m275,405–new
MPC Marathon Petroleum CorpEnergy0.5%$2.2m43,800−49%reduced
KRP KIMBELL RTY PARTNERS LPEnergy0.5%$2.2m112,490–new
ENBLUSD ENABLE MIDSTREAM PARTNERS LP–0.5%$2.1m128,255–new
WESTERN GAS EQUITY PARTNERS no ticker–0.5%$2.0m43,726−78%reduced
SLV ISHARES SILVER TRUST–0.4%$1.7m99,000–new
MPLX MPLX LPEnergy0.4%$1.7m45,813−75%reduced
ALLIANCE HOLDINGS GP LP no ticker–0.4%$1.5m52,955+35%added
PENNTEX MIDSTREAM PARTNERS L no ticker–0.3%$1.4m81,103−93%reduced
ENERGY TRANSFER PRTNRS L P no ticker–0.3%$1.4m37,200−47%reduced
TEEKAY OFFSHORE PARTNERS L P no ticker–0.2%$951k187,584−71%reduced
EVAUSD ENVIVA PARTNERS LP–0.2%$721k25,656−93%reduced
SPH SUBURBAN PROPANE PARTNERS LUtilities0.1%$605k22,428−91%reduced
ADP AUTOMATIC DATA PROCESSING INTechnology0.09%$348k3,4000.0%held
JNJ JOHNSON & JOHNSONHealthcare0.08%$345k2,7710.0%held
GREEN PLAINS PARTNERS LP no ticker–0.08%$322k16,000–new
JPM JPMORGAN CHASE & COFinancial Services0.07%$298k3,3920.0%held
ENBRIDGE ENERGY MANAGEMENT L no ticker–0.07%$272k14,778–new
EEM ISHARES TR–0.07%$266k6,7500.0%held
MMM 3M COIndustrials0.06%$245k1,2800.0%held
CVS CVS HEALTH CORPHealthcare0.05%$208k2,6500.0%held

Exited since Q4 2016

19 rows
PAA PLAINS ALL AMERN PIPELINE L6.5%$25.0m
EPD ENTERPRISE PRODS PARTNERS L5.9%$22.6m
JP ENERGY PARTNERS LP no ticker2.2%$8.4m
WILLIAMS PARTNERS L P NEW no ticker2.0%$7.9m
WLKP WESTLAKE CHEM PARTNERS LP1.8%$6.9m
ENLINK MIDSTREAM PARTNERS LP no ticker1.1%$4.1m
GEL GENESIS ENERGY L P0.9%$3.5m
TRANSMONTAIGNE PARTNERS L P no ticker0.8%$3.1m
TEEKAY LNG PARTNERS L P no ticker0.8%$3.1m
TIP ISHARES TR0.8%$3.1m
RICEEUR RICE ENERGY INC0.8%$2.9m
VTTI ENERGY PARTNERS LP no ticker0.6%$2.4m
TK TEEKAY CORPORATION0.6%$2.4m
EQT GP HLDGS LP no ticker0.6%$2.4m
CVR REFNG LP no ticker0.4%$1.5m
0E41 ENLINK MIDSTREAM LLC0.4%$1.4m
TRGP TARGA RES CORP0.3%$993k
BKEPUSD BLUEKNIGHT ENERGY PARTNERS L0.2%$935k
RENTECH INC no ticker0.2%$615k

Sector mix

  • Unclassified77.2%
  • Energy22.3%
  • Utilities0.1%
  • Healthcare0.1%
  • Technology0.09%
  • Financial Services0.07%
  • 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