WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q2 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-06-30, filed 2019-08-13

HITE Hedge Asset Management LLC disclosed 71 US equity positions worth $632.7m in its Q2 2019 13F filing. Its largest position is VIPER ENERGY PARTNERS LP at 10.2% of the reported book, followed by FALCON MINERALS CORP and ET. Versus Q1 2019 it opened 19 new positions, added to 20, reduced 17 and exited 14.

$633m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
71
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.2%
Largest position
The largest single position as a share of the reported equity book.
58.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
22
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 2019: 19 new, 20 added, 17 reduced, 14 exited

50 of 71
VIPER ENERGY PARTNERS LP no ticker–10.2%$64.7m2.10m−5.7%reduced
FALCON MINERALS CORP no ticker–7.9%$49.8m5.93m−9.4%reduced
ET ENERGY TRANSFER LPEnergy7.7%$48.7m3.46m+43%added
RATTLER MIDSTREAM LP no ticker–6.5%$41.0m2.11m–new
PSXPUSD PHILLIPS 66 PARTNERS LP–5.6%$35.4m717,550+131%added
GLNG GOLAR LNG LTDEnergy5.0%$31.6m1.71m+67%added
PAGPEUR PLAINS GP HLDGS L P–4.2%$26.5m1.06m+295%added
NGL NGL ENERGY PARTNERS LPEnergy3.9%$24.6m1.67m−2.5%reduced
WES WESTERN MIDSTREAM PARTNERS LEnergy3.9%$24.5m796,608–new
EVAUSD ENVIVA PARTNERS LP–3.7%$23.2m738,450−6.2%reduced
ANTERO MIDSTREAM PARTNERS LP no ticker–3.5%$22.1m1.93m+88%added
CNX MIDSTREAM PARTNERS LP no ticker–3.0%$19.1m1.36m−18%reduced
NBL2EUR NOBLE ENERGY INC–2.9%$18.6m831,494+6495%added
LNG CHENIERE ENERGY INCEnergy2.7%$17.0m249,004−22%reduced
MNRLUSD BRIGHAM MINERALS INC–2.1%$13.6m632,519–new
ALTUS MIDSTREAM CO no ticker–2.0%$12.8m3.45m−21%reduced
KAYNE ANDERSON MDSTM ENERGY no ticker–2.0%$12.7m1.10m0.0%held
OASIS MIDSTREAM PARTNERS LP no ticker–1.8%$11.1m515,683−7.6%reduced
KYN KAYNE ANDERSON MLP INVT CO–1.7%$10.6m694,3960.0%held
MPLX MPLX LPEnergy1.6%$10.2m318,307–new
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–1.6%$10.0m300,567+28%added
HESS MIDSTREAM PARTNERS LP no ticker–1.5%$9.8m501,267+22%added
UAN CVR PARTNERS LP–1.5%$9.2m2.26m+3.5%added
EPD ENTERPRISE PRODS PARTNERS LEnergy1.3%$8.4m290,151−59%reduced
EQMUSD EQT MIDSTREAM PARTNERS LP–1.3%$8.2m183,312−78%reduced
NINE NINE ENERGY SERVICE INCEnergy1.2%$7.8m450,198−30%reduced
TRGP TARGA RES CORPEnergy1.1%$7.1m180,603−46%reduced
BP MIDSTREAM PARTNERS LP no ticker–1.1%$6.9m447,316+444%added
ARCH1EUR ARCH COAL INC–0.9%$6.0m63,745–new
TORTOISE ACQUISITION CORP no ticker–0.8%$5.0m500,0000.0%held
NGS NATURAL GAS SERVICES GROUPEnergy0.6%$3.5m213,387+518%added
HCC WARRIOR MET COAL INCBasic Materials0.4%$2.8m107,135−62%reduced
CLEARBRIDGE ENERGY MIDSTRM O no ticker–0.4%$2.4m262,0650.0%held
GOLDMAN SACHS MLP ENERGY REN no ticker–0.3%$2.2m415,5880.0%held
FST TR NEW OPPORT MLP & ENE no ticker–0.3%$2.1m218,4330.0%held
NEUBERGER BERMAN MLP AND ENR no ticker–0.3%$2.0m259,8470.0%held
CLEARBRIDGE MLP AND MIDSTRM no ticker–0.3%$1.9m201,1490.0%held
PE1EUR PARSLEY ENERGY INC–0.3%$1.8m94,536+72%added
ENCANA CORP no ticker–0.3%$1.6m319,307+55%added
FANG DIAMONDBACK ENERGY INCEnergy0.2%$1.2m10,672−54%reduced
AR ANTERO RESOURCES CORPEnergy0.2%$1.0m187,223–new
NESR NATIONAL ENERGY SERVICES REUEnergy0.2%$1.0m118,281–new
PDCEUSD PDC ENERGY INC–0.1%$798k22,143+80%added
TALO TALOS ENERGY INCEnergy0.1%$786k32,691+101%added
WLLEUR WHITING PETE CORP NEW–0.1%$770k41,212+48%added
MSFT MICROSOFT CORPTechnology0.1%$715k5,338+67%added
BONANZA CREEK ENERGY INC no ticker–0.1%$642k30,756+62%added
GASLOG LTD no ticker–0.10%$614k42,630–new
COP CONOCOPHILLIPSEnergy0.09%$593k9,715–new
LPI1EUR LAREDO PETROLEUM INC–0.09%$574k197,795–new

Exited since Q1 2019

14 rows
WESTERN GAS PARTNERS LP no ticker5.5%$33.5m
WMB WILLIAMS COS INC2.9%$17.9m
ENBLUSD ENABLE MIDSTREAM PARTNERS LP1.9%$11.5m
PAA PLAINS ALL AMERN PIPELINE L0.4%$2.6m
ARLP ALLIANCE RES PARTNER L P0.3%$2.0m
DCPUSD DCP MIDSTREAM LP0.3%$1.7m
USDP USD PARTNERS LP0.1%$826k
SEI SOLARIS ENERGY INFRAS INC0.1%$724k
PXDEUR PIONEER NAT RES CO0.09%$545k
OXY OCCIDENTAL PETE CORP0.08%$507k
MGY MAGNOLIA OIL & GAS CORP0.07%$408k
PVACUSD PENN VA CORP0.06%$387k
CLRUSD CONTINENTAL RES INC0.06%$337k
ABBV ABBVIE INC0.03%$206k

Sector mix

  • Unclassified69.0%
  • Energy30.2%
  • Basic Materials0.4%
  • Technology0.2%
  • Healthcare0.09%
  • Industrials0.07%
  • 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