WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q2 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-06-30, filed 2018-08-13

HITE Hedge Asset Management LLC disclosed 53 US equity positions worth $627.8m in its Q2 2018 13F filing. Its largest position is VIPER ENERGY PARTNERS LP at 8.6% of the reported book, followed by NBLXUSD and NGL. Versus Q1 2018 it opened 14 new positions, added to 18, reduced 13 and exited 16.

$628m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
53
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.6%
Largest position
The largest single position as a share of the reported equity book.
52.4%
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 Q1 2018: 14 new, 18 added, 13 reduced, 16 exited

50 of 53
VIPER ENERGY PARTNERS LP no ticker–8.6%$53.7m1.68m−2.0%reduced
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–7.5%$46.9m917,686−0.8%reduced
NGL NGL ENERGY PARTNERS LPEnergy5.7%$35.9m2.87m+3.6%added
TRGP TARGA RES CORPEnergy5.6%$34.9m705,154–new
ENERGY TRANSFER PARTNERS LP no ticker–5.2%$32.5m1.71m+247%added
SPECTRA ENERGY PARTNERS LP no ticker–4.3%$26.8m757,835+1816%added
CVR REFNG LP no ticker–4.1%$25.8m1.15m−17%reduced
NBL2EUR NOBLE ENERGY INC–4.0%$25.1m712,169+21%added
ANDEAVOR LOGISTICS LP no ticker–4.0%$25.1m590,289–new
RICE MIDSTREAM PARTNERS LP no ticker–3.6%$22.4m1.31m+168%added
CNX MIDSTREAM PARTNERS LP no ticker–3.4%$21.5m1.11m+1236%added
ANTERO MIDSTREAM PARTNERS LP no ticker–3.0%$18.8m635,290+74%added
HCC WARRIOR MET COAL INCBasic Materials2.8%$17.5m636,352+288%added
CEQPUSD CRESTWOOD EQUITY PARTNERS LP–2.6%$16.6m523,906−3.9%reduced
SPH SUBURBAN PROPANE PARTNERS LUtilities2.5%$15.4m654,958+5.8%added
NINE NINE ENERGY SERVICE INCEnergy2.4%$14.8m447,177−3.7%reduced
EPD ENTERPRISE PRODS PARTNERS LEnergy2.1%$13.1m474,656+189%added
ENBRIDGE ENERGY MANAGEMENT L no ticker–1.8%$11.4m1.11m+225%added
WESTERN GAS EQUITY PARTNERS no ticker–1.7%$11.0m306,796+33%added
AR ANTERO RESOURCES CORPEnergy1.7%$10.9m508,473+307%added
HESS MIDSTREAM PARTNERS LP no ticker–1.7%$10.7m542,542−4.0%reduced
GEL GENESIS ENERGY L PEnergy1.7%$10.4m474,565–new
EVAUSD ENVIVA PARTNERS LP–1.7%$10.4m357,215–new
WMB WILLIAMS COS INCEnergy1.7%$10.4m382,250+9.1%added
GLNG GOLAR LNG LTDEnergy1.6%$10.2m345,242−58%reduced
PERMROCK ROYALTY TRUST no ticker–1.3%$8.3m513,361–new
CEIXEUR CONSOL ENERGY INC NEW–1.3%$8.2m214,488–new
AMIDUSD AMERICAN MIDSTREAM PARTNERS–1.2%$7.7m758,285−28%reduced
LNG CHENIERE ENERGY INCEnergy1.2%$7.6m116,200–new
UAN CVR PARTNERS LP–1.2%$7.4m2.26m+166%added
OASIS MIDSTREAM PARTNERS LP no ticker–1.1%$7.1m388,201−3.6%reduced
DKL DELEK LOGISTICS PARTNERS LP–1.0%$6.4m231,105−32%reduced
WESTERN GAS PARTNERS LP no ticker–1.0%$6.0m123,962+39%added
PAA PLAINS ALL AMERN PIPELINE LEnergy1.0%$6.0m253,197–new
BOARDWALK PIPELINE PARTNERS no ticker–0.9%$5.8m496,049–new
PEGIEUR PATTERN ENERGY GROUP INC–0.9%$5.5m293,661–new
GLP GLOBAL PARTNERS LP–0.9%$5.4m318,482−48%reduced
SGU STAR GROUP L PEnergy0.6%$3.9m402,5010.0%held
USDP USD PARTNERS LP–0.4%$2.3m216,787+227%added
SLV ISHARES SILVER TRUST–0.3%$1.6m107,770+8.9%added
ATO ATMOS ENERGY CORPUtilities0.2%$1.4m15,036–new
ENBRIDGE ENERGY PARTNERS L P no ticker–0.2%$956k87,500–new
KRP KIMBELL RTY PARTNERS LPEnergy0.09%$572k25,979−77%reduced
WLKP WESTLAKE CHEM PARTNERS LP–0.09%$534k21,805–new
ADP AUTOMATIC DATA PROCESSING INTechnology0.07%$456k3,4000.0%held
GULFMARK OFFSHORE INC no ticker–0.06%$358k10,689−77%reduced
JPM JPMORGAN CHASE & COFinancial Services0.06%$353k3,3920.0%held
JNJ JOHNSON & JOHNSONHealthcare0.05%$336k2,7710.0%held
MSFT MICROSOFT CORPTechnology0.05%$316k3,200–new
EEM ISHARES TR–0.05%$292k6,7500.0%held

Exited since Q1 2018

16 rows
ARCHROCK PARTNERS L P no ticker5.6%$25.5m
EQT EQT CORPORATION5.0%$22.8m
ALLIANCE HOLDINGS GP LP no ticker2.8%$12.8m
ET ENERGY TRANSFER LP2.7%$12.4m
PAGPEUR PLAINS GP HLDGS L P1.8%$8.2m
DCPUSD DCP MIDSTREAM LP1.6%$7.3m
FTSIEUR FTS INTERNATIONAL INC1.3%$5.9m
MPLX MPLX LP1.2%$5.6m
FAIRMOUNT SANTROL HLDGS INC no ticker1.0%$4.7m
EQMUSD EQT MIDSTREAM PARTNERS LP0.8%$3.5m
CQP CHENIERE ENERGY PARTNERS LP0.5%$2.2m
USAC USA COMPRESSION PARTNERS LP0.5%$2.1m
NSUSD NUSTAR ENERGY LP0.4%$1.7m
DK DELEK US HLDGS INC NEW0.3%$1.4m
OASEUR OASIS PETE INC NEW0.3%$1.2m
SOUTHCROSS ENERGY PARTNERS L no ticker0.1%$656k

Sector mix

  • Unclassified69.0%
  • Energy25.3%
  • Basic Materials2.8%
  • Utilities2.7%
  • Technology0.1%
  • Healthcare0.09%
  • Financial Services0.06%
  • Industrials0.04%

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