WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-09-30, filed 2019-11-14

HITE Hedge Asset Management LLC disclosed 70 US equity positions worth $488.0m in its Q3 2019 13F filing. Its largest position is RATTLER MIDSTREAM LP at 7.9% of the reported book, followed by ET and TRGP. Versus Q2 2019 it opened 15 new positions, added to 20, reduced 27 and exited 16.

$488m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
70
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.9%
Largest position
The largest single position as a share of the reported equity book.
56.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
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 2019: 15 new, 20 added, 27 reduced, 16 exited

50 of 70
RATTLER MIDSTREAM LP no ticker–7.9%$38.5m2.16m+2.2%added
ET ENERGY TRANSFER LPEnergy7.3%$35.7m2.73m−21%reduced
TRGP TARGA RES CORPEnergy6.9%$33.9m843,292+367%added
FALCON MINERALS CORP no ticker–6.8%$33.1m5.75m−3.0%reduced
EPD ENTERPRISE PRODS PARTNERS LEnergy6.1%$29.6m1.04m+257%added
VIPER ENERGY PARTNERS LP no ticker–5.4%$26.3m951,232−55%reduced
GLNG GOLAR LNG LTDEnergy4.1%$20.2m1.55m−9.2%reduced
SWITCHBACK ENERGY ACQUISITIO no ticker–4.1%$20.0m2.00m–new
NGL NGL ENERGY PARTNERS LPEnergy4.0%$19.4m1.40m−16%reduced
WES WESTERN MIDSTREAM PARTNERS LEnergy3.9%$19.1m766,862−3.7%reduced
AR ANTERO RESOURCES CORPEnergy3.9%$19.1m6.31m+3271%added
EVAUSD ENVIVA PARTNERS LP–3.4%$16.8m524,366−29%reduced
LNG CHENIERE ENERGY INCEnergy2.6%$12.7m201,881−19%reduced
KAYNE ANDERSON MDSTM ENERGY no ticker–2.6%$12.4m1.15m+4.8%added
ANTERO MIDSTREAM PARTNERS LP no ticker–2.4%$11.6m1.57m−19%reduced
ALTUS MIDSTREAM CO no ticker–2.2%$10.7m3.79m+9.9%added
KYN KAYNE ANDERSON MLP INVT CO–2.2%$10.6m734,592+5.8%added
NBL2EUR NOBLE ENERGY INC–2.1%$10.1m448,178−46%reduced
PAA PLAINS ALL AMERN PIPELINE LEnergy2.0%$9.8m470,958–new
WEP MAGELLAN MIDSTREAM PRTNRS LP–1.8%$8.6m129,192–new
ARCH1EUR ARCH COAL INC–1.5%$7.3m98,032+54%added
UAN CVR PARTNERS LP–1.3%$6.3m1.63m−28%reduced
BP MIDSTREAM PARTNERS LP no ticker–1.2%$6.0m408,316−8.7%reduced
MPLX MPLX LPEnergy1.2%$5.9m211,474−34%reduced
NGS NATURAL GAS SERVICES GROUPEnergy1.2%$5.8m450,731+111%added
HESS MIDSTREAM PARTNERS LP no ticker–1.1%$5.2m271,566−46%reduced
TORTOISE ACQUISITION CORP no ticker–1.0%$5.0m500,0000.0%held
SEMGUSD SEMGROUP CORP–0.7%$3.3m201,397–new
LQD ISHARES TR–0.6%$2.9m22,925–new
EQMUSD EQT MIDSTREAM PARTNERS LP–0.6%$2.9m89,135−51%reduced
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–0.6%$2.9m119,029−60%reduced
NEUBERGER BERMAN MLP AND ENR no ticker–0.6%$2.8m390,327+50%added
OASIS MIDSTREAM PARTNERS LP no ticker–0.5%$2.6m165,476−68%reduced
CLEARBRIDGE ENERGY MIDSTRM O no ticker–0.5%$2.6m299,480+14%added
CNX MIDSTREAM PARTNERS LP no ticker–0.5%$2.4m173,482−87%reduced
GASLOG LTD no ticker–0.5%$2.4m184,868+334%added
CLEARBRIDGE MLP AND MIDSTRM no ticker–0.4%$2.1m240,839+20%added
FST TR NEW OPPORT MLP & ENE no ticker–0.4%$1.9m204,100−6.6%reduced
STNG SCORPIO TANKERS INCEnergy0.4%$1.8m60,517–new
VCSH VANGUARD SCOTTSDALE FDS–0.3%$1.6m19,190–new
EQT EQT CORPORATIONEnergy0.2%$1.2m111,940+256%added
PE1EUR PARSLEY ENERGY INC–0.2%$1.2m68,961−27%reduced
MSFT MICROSOFT CORPTechnology0.2%$1.1m7,932+49%added
ENCANA CORP no ticker–0.2%$818k177,725−44%reduced
BP BP PLCEnergy0.2%$813k21,400–new
PDCEUSD PDC ENERGY INC–0.2%$738k26,580+20%added
FANG DIAMONDBACK ENERGY INCEnergy0.1%$726k8,077−24%reduced
NESR NATIONAL ENERGY SERVICES REUEnergy0.1%$688k103,055−13%reduced
NOG1EUR NORTHERN OIL & GAS INC NEV–0.1%$675k344,475+137%added
SEI SOLARIS ENERGY INFRAS INCEnergy0.1%$598k44,584–new

Exited since Q2 2019

16 rows
PSXPUSD PHILLIPS 66 PARTNERS LP5.6%$35.4m
PAGPEUR PLAINS GP HLDGS L P4.2%$26.5m
MNRLUSD BRIGHAM MINERALS INC2.1%$13.6m
HCC WARRIOR MET COAL INC0.4%$2.8m
GOLDMAN SACHS MLP ENERGY REN no ticker0.3%$2.2m
WLLEUR WHITING PETE CORP NEW0.1%$770k
BONANZA CREEK ENERGY INC no ticker0.1%$642k
SPDR SERIES TRUST no ticker0.08%$531k
CVX CHEVRON CORPORATION0.08%$528k
SM SM ENERGY COMPANY0.08%$498k
CJ1EUR C&J ENERGY SVCS INC NEW0.07%$462k
MUR MURPHY OIL CORP0.07%$451k
GPOR GULFPORT ENERGY CORP0.05%$319k
GLP GLOBAL PARTNERS LP0.05%$290k
VLO VALERO ENERGY CORP0.04%$258k
FXI ISHARES TR0.03%$209k

Sector mix

  • Unclassified54.4%
  • Energy44.9%
  • Technology0.3%
  • Healthcare0.1%
  • Industrials0.1%
  • Financial Services0.08%

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