WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-09-30, filed 2018-11-14

HITE Hedge Asset Management LLC disclosed 57 US equity positions worth $601.3m in its Q3 2018 13F filing. Its largest position is ENERGY TRANSFER PARTNERS LP at 8.9% of the reported book, followed by FALCON MINERALS CORP and TRGP. Versus Q2 2018 it opened 18 new positions, added to 14, reduced 16 and exited 14.

$601m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
57
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.9%
Largest position
The largest single position as a share of the reported equity book.
56.3%
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 Q2 2018: 18 new, 14 added, 16 reduced, 14 exited

50 of 57
ENERGY TRANSFER PARTNERS LP no ticker–8.9%$53.3m2.39m+40%added
FALCON MINERALS CORP no ticker–7.5%$45.3m4.21m–new
TRGP TARGA RES CORPEnergy7.5%$45.1m800,294+13%added
CNX MIDSTREAM PARTNERS LP no ticker–5.7%$34.2m1.78m+60%added
NGL NGL ENERGY PARTNERS LPEnergy5.5%$33.3m2.87m0.0%held
KAYNE ANDERSON ACQUISITION no ticker–5.3%$32.0m3.15m–new
ENBRIDGE ENERGY MANAGEMENT L no ticker–4.5%$27.3m2.50m+125%added
VIPER ENERGY PARTNERS LP no ticker–3.8%$22.7m539,917−68%reduced
CEQPUSD CRESTWOOD EQUITY PARTNERS LP–3.8%$22.7m616,943+18%added
EPD ENTERPRISE PRODS PARTNERS LEnergy3.7%$22.5m784,082+65%added
TORTOISE MLP FD INC no ticker–3.5%$21.2m1.32m–new
LNG CHENIERE ENERGY INCEnergy3.0%$18.1m260,409+124%added
SPECTRA ENERGY PARTNERS LP no ticker–2.6%$15.5m434,285−43%reduced
NINE NINE ENERGY SERVICE INCEnergy2.5%$15.2m497,711+11%added
EVAUSD ENVIVA PARTNERS LP–2.5%$14.9m468,739+31%added
HESS MIDSTREAM PARTNERS LP no ticker–2.1%$12.7m556,058+2.5%added
HCC WARRIOR MET COAL INCBasic Materials2.1%$12.6m466,701−27%reduced
ANTERO MIDSTREAM PARTNERS LP no ticker–2.0%$11.9m414,499−35%reduced
ENBLUSD ENABLE MIDSTREAM PARTNERS LP–1.9%$11.3m669,411–new
GLNG GOLAR LNG LTDEnergy1.7%$10.4m373,143+8.1%added
KMI KINDER MORGAN INC DELEnergy1.7%$10.2m576,488–new
WESTERN GAS EQUITY PARTNERS no ticker–1.7%$10.1m336,112+9.6%added
CVI CVR ENERGY INCEnergy1.7%$10.1m250,192–new
NBL2EUR NOBLE ENERGY INC–1.5%$9.2m296,297−58%reduced
UAN CVR PARTNERS LP–1.4%$8.5m2.24m−0.7%reduced
SPH SUBURBAN PROPANE PARTNERS LUtilities1.4%$8.4m355,563−46%reduced
OASIS MIDSTREAM PARTNERS LP no ticker–1.4%$8.2m369,781−4.7%reduced
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–0.9%$5.4m153,573−83%reduced
VALERO ENERGY PARTNERS LP no ticker–0.9%$5.3m140,522–new
PERMROCK ROYALTY TRUST no ticker–0.9%$5.2m426,327−17%reduced
KRP KIMBELL RTY PARTNERS LPEnergy0.9%$5.2m263,644+915%added
GLP GLOBAL PARTNERS LP–0.5%$3.3m180,258−43%reduced
PAGPEUR PLAINS GP HLDGS L P–0.5%$3.0m120,660–new
KYN KAYNE ANDERSON MLP INVT CO–0.5%$2.9m164,510–new
ENLINK MIDSTREAM PARTNERS LP no ticker–0.4%$2.4m129,313–new
ANDEAVOR no ticker–0.4%$2.3m15,250–new
GOLDMAN SACHS MLP ENERGY REN no ticker–0.3%$2.0m317,554–new
TYGEUR TORTOISE ENERGY INFRSTRCTR C–0.3%$1.8m67,589–new
DKL DELEK LOGISTICS PARTNERS LP–0.3%$1.7m49,074−79%reduced
SLV ISHARES SILVER TRUST–0.3%$1.6m116,690+8.3%added
KAYNE ANDERSON MDSTM ENERGY no ticker–0.3%$1.6m123,993–new
ANDEAVOR LOGISTICS LP no ticker–0.2%$1.4m28,535−95%reduced
ATO ATMOS ENERGY CORPUtilities0.2%$1.4m14,556−3.2%reduced
GOLDMAN SACHS MLP INC OPP FD no ticker–0.2%$1.3m140,798–new
EQMUSD EQT MIDSTREAM PARTNERS LP–0.2%$1.2m23,400–new
BP MIDSTREAM PARTNERS LP no ticker–0.2%$965k51,305–new
SGU STAR GROUP L PEnergy0.1%$826k84,570−79%reduced
USDP USD PARTNERS LP–0.1%$737k76,381−65%reduced
ADP AUTOMATIC DATA PROCESSING INTechnology0.09%$512k3,4000.0%held
JNJ JOHNSON & JOHNSONHealthcare0.06%$383k2,7710.0%held

Exited since Q2 2018

14 rows
CVR REFNG LP no ticker4.1%$25.8m
RICE MIDSTREAM PARTNERS LP no ticker3.6%$22.4m
AR ANTERO RESOURCES CORP1.7%$10.9m
GEL GENESIS ENERGY L P1.7%$10.4m
WMB WILLIAMS COS INC1.7%$10.4m
CEIXEUR CONSOL ENERGY INC NEW1.3%$8.2m
AMIDUSD AMERICAN MIDSTREAM PARTNERS1.2%$7.7m
WESTERN GAS PARTNERS LP no ticker1.0%$6.0m
PAA PLAINS ALL AMERN PIPELINE L1.0%$6.0m
BOARDWALK PIPELINE PARTNERS no ticker0.9%$5.8m
PEGIEUR PATTERN ENERGY GROUP INC0.9%$5.5m
ENBRIDGE ENERGY PARTNERS L P no ticker0.2%$956k
WLKP WESTLAKE CHEM PARTNERS LP0.09%$534k
GULFMARK OFFSHORE INC no ticker0.06%$358k

Sector mix

  • Unclassified67.5%
  • Energy28.4%
  • Basic Materials2.1%
  • Utilities1.6%
  • Technology0.1%
  • Healthcare0.1%
  • Industrials0.08%
  • Financial Services0.06%

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