WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q1 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-03-31, filed 2018-05-11

HITE Hedge Asset Management LLC disclosed 55 US equity positions worth $458.9m in its Q1 2018 13F filing. Its largest position is VIPER ENERGY PARTNERS LP at 9.5% of the reported book, followed by NBLXUSD and NGL. Versus Q4 2017 it opened 10 new positions, added to 16, reduced 19 and exited 17.

$459m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
55
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.5%
Largest position
The largest single position as a share of the reported equity book.
54.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
23
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 2017: 10 new, 16 added, 19 reduced, 17 exited

50 of 55
VIPER ENERGY PARTNERS LP no ticker–9.5%$43.6m1.72m−16%reduced
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–9.4%$43.1m924,896−15%reduced
NGL NGL ENERGY PARTNERS LPEnergy6.6%$30.5m2.77m−1.6%reduced
ARCHROCK PARTNERS L P no ticker–5.6%$25.5m2.09m+6.4%added
EQT EQT CORPORATIONEnergy5.0%$22.8m479,916+137%added
GLNG GOLAR LNG LTDEnergy4.9%$22.4m817,305−6.7%reduced
CVR REFNG LP no ticker–4.0%$18.2m1.40m+1.4%added
NBL2EUR NOBLE ENERGY INC–3.9%$17.8m587,300+138%added
CEQPUSD CRESTWOOD EQUITY PARTNERS LP–3.0%$14.0m545,442−16%reduced
SPH SUBURBAN PROPANE PARTNERS LUtilities3.0%$13.6m618,967−5.0%reduced
ALLIANCE HOLDINGS GP LP no ticker–2.8%$12.8m511,846+11%added
ET ENERGY TRANSFER LPEnergy2.7%$12.4m874,345+110%added
AMIDUSD AMERICAN MIDSTREAM PARTNERS–2.5%$11.4m1.06m+19%added
NINE NINE ENERGY SERVICE INCEnergy2.5%$11.3m464,268–new
HESS MIDSTREAM PARTNERS LP no ticker–2.3%$10.8m565,209+241%added
DKL DELEK LOGISTICS PARTNERS LP–2.1%$9.7m341,292−2.0%reduced
GLP GLOBAL PARTNERS LP–2.1%$9.5m616,779−14%reduced
ANTERO MIDSTREAM PARTNERS LP no ticker–2.1%$9.4m364,262−42%reduced
RICE MIDSTREAM PARTNERS LP no ticker–1.9%$8.9m490,165−30%reduced
WMB WILLIAMS COS INCEnergy1.9%$8.7m350,500–new
PAGPEUR PLAINS GP HLDGS L P–1.8%$8.2m375,275–new
ENERGY TRANSFER PARTNERS LP no ticker–1.7%$8.0m492,347−39%reduced
WESTERN GAS EQUITY PARTNERS no ticker–1.7%$7.7m231,495−26%reduced
DCPUSD DCP MIDSTREAM LP–1.6%$7.3m208,695+90%added
OASIS MIDSTREAM PARTNERS LP no ticker–1.6%$7.1m402,491+38%added
FTSIEUR FTS INTERNATIONAL INC–1.3%$5.9m318,345–new
MPLX MPLX LPEnergy1.2%$5.6m168,374−39%reduced
FAIRMOUNT SANTROL HLDGS INC no ticker–1.0%$4.7m1.12m+13%added
HCC WARRIOR MET COAL INCBasic Materials1.0%$4.6m164,018–new
EPD ENTERPRISE PRODS PARTNERS LEnergy0.9%$4.0m164,109–new
WESTERN GAS PARTNERS LP no ticker–0.8%$3.8m88,960−49%reduced
SGU STAR GROUP L PEnergy0.8%$3.8m402,501+131%added
EQMUSD EQT MIDSTREAM PARTNERS LP–0.8%$3.5m59,080−57%reduced
ENBRIDGE ENERGY MANAGEMENT L no ticker–0.7%$3.1m342,532+32%added
UAN CVR PARTNERS LP–0.6%$2.8m849,244−27%reduced
AR ANTERO RESOURCES CORPEnergy0.5%$2.5m125,000–new
KRP KIMBELL RTY PARTNERS LPEnergy0.5%$2.2m114,566−16%reduced
CQP CHENIERE ENERGY PARTNERS LP–0.5%$2.2m74,791−58%reduced
USAC USA COMPRESSION PARTNERS LPEnergy0.5%$2.1m123,433+338%added
NSUSD NUSTAR ENERGY LP–0.4%$1.7m83,673+125%added
CNX MIDSTREAM PARTNERS LP no ticker–0.3%$1.5m83,155–new
SLV ISHARES SILVER TRUST–0.3%$1.5m99,0000.0%held
DK DELEK US HLDGS INC NEWEnergy0.3%$1.4m33,955–new
GULFMARK OFFSHORE INC no ticker–0.3%$1.3m46,2330.0%held
SPECTRA ENERGY PARTNERS LP no ticker–0.3%$1.3m39,547–new
OASEUR OASIS PETE INC NEW–0.3%$1.2m144,997−28%reduced
USDP USD PARTNERS LP–0.1%$686k66,2880.0%held
SOUTHCROSS ENERGY PARTNERS L no ticker–0.1%$656k402,756+9.3%added
ADP AUTOMATIC DATA PROCESSING INTechnology0.08%$386k3,4000.0%held
JPM JPMORGAN CHASE & COFinancial Services0.08%$373k3,3920.0%held

Exited since Q4 2017

17 rows
PAA PLAINS ALL AMERN PIPELINE L3.4%$19.0m
ANDEAVOR LOGISTICS LP no ticker2.7%$15.1m
WILLIAMS PARTNERS L P NEW no ticker2.5%$14.0m
OKE ONEOK INC NEW2.3%$12.7m
KYN KAYNE ANDERSON MLP INVT CO1.9%$10.8m
ARCH1EUR ARCH COAL INC1.8%$10.0m
ANDEAVOR no ticker1.5%$8.2m
BP MIDSTREAM PARTNERS LP no ticker1.1%$6.0m
PEGIEUR PATTERN ENERGY GROUP INC0.7%$3.8m
ANTERO MIDSTREAM GP LP no ticker0.4%$2.5m
ALDWUSD ALON USA PARTNERS LP0.4%$2.4m
CONE MIDSTREAM PARTNERS LP no ticker0.3%$2.0m
TRANSCANADA CORP no ticker0.3%$1.4m
TEEKAY OFFSHORE PARTNERS L P no ticker0.2%$1.4m
EVAUSD ENVIVA PARTNERS LP0.2%$938k
GREEN PLAINS PARTNERS LP no ticker0.05%$299k
TEEKAY LNG PARTNERS L P no ticker0.05%$259k

Sector mix

  • Unclassified67.4%
  • Energy28.2%
  • Utilities3.0%
  • Basic Materials1.0%
  • Healthcare0.1%
  • Technology0.08%
  • 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