WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q4 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-12-31, filed 2020-02-14

HITE Hedge Asset Management LLC disclosed 93 US equity positions worth $498.8m in its Q4 2019 13F filing. Its largest position is VIPER ENERGY PARTNERS LP at 14.5% of the reported book, followed by RATTLER MIDSTREAM LP and NBLXUSD. Versus Q3 2019 it opened 46 new positions, added to 17, reduced 18 and exited 23.

$499m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
93
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.5%
Largest position
The largest single position as a share of the reported equity book.
63.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
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 Q3 2019: 46 new, 17 added, 18 reduced, 23 exited

50 of 93
VIPER ENERGY PARTNERS LP no ticker–14.5%$72.6m2.94m+209%added
RATTLER MIDSTREAM LP no ticker–8.5%$42.3m2.38m+10%added
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–8.4%$41.7m1.69m+1321%added
FALCON MINERALS CORP no ticker–7.8%$38.9m5.51m−4.3%reduced
TRGP TARGA RES CORPEnergy5.3%$26.6m650,603−23%reduced
SWITCHBACK ENERGY ACQUISITIO no ticker–4.0%$20.1m2.00m0.0%held
EVAUSD ENVIVA PARTNERS LP–3.9%$19.5m522,157−0.4%held
ET ENERGY TRANSFER LPEnergy3.8%$18.9m1.48m−46%reduced
ALTUS MIDSTREAM CO no ticker–3.7%$18.6m6.50m+72%added
ANTERO MIDSTREAM PARTNERS LP no ticker–3.6%$18.0m2.38m+51%added
NGL NGL ENERGY PARTNERS LPEnergy3.2%$16.0m1.42m+1.4%added
AR ANTERO RESOURCES CORPEnergy3.0%$14.9m5.24m−17%reduced
EQMUSD EQT MIDSTREAM PARTNERS LP–2.7%$13.6m455,807+411%added
EPD ENTERPRISE PRODS PARTNERS LEnergy2.6%$12.9m456,871−56%reduced
MNRLUSD BRIGHAM MINERALS INC–2.5%$12.3m572,514–new
BP MIDSTREAM PARTNERS LP no ticker–1.9%$9.5m611,480+50%added
MPLX MPLX LPEnergy1.9%$9.3m364,009+72%added
LNG CHENIERE ENERGY INCEnergy1.8%$8.8m143,550−29%reduced
NGS NATURAL GAS SERVICES GROUPEnergy1.7%$8.7m707,088+57%added
CEQPUSD CRESTWOOD EQUITY PARTNERS LP–1.1%$5.4m173,626–new
TORTOISE ACQUISITION CORP no ticker–1.0%$5.1m500,0000.0%held
UAN CVR PARTNERS LP–0.8%$3.9m1.27m−22%reduced
WES WESTERN MIDSTREAM PARTNERS LEnergy0.8%$3.9m198,147−74%reduced
KAYNE ANDERSON MDSTM ENERGY no ticker–0.8%$3.8m356,605−69%reduced
NBL2EUR NOBLE ENERGY INC–0.7%$3.6m143,194−68%reduced
PAA PLAINS ALL AMERN PIPELINE LEnergy0.6%$3.2m176,259−63%reduced
ARCH1EUR ARCH COAL INC–0.5%$2.4m33,079−66%reduced
2676403D NEXTIER OILFIELD SOLUTIONS–0.4%$1.8m267,006–new
PE1EUR PARSLEY ENERGY INC–0.4%$1.8m94,601+37%added
ENCANA CORP no ticker–0.3%$1.3m281,690+58%added
HCC WARRIOR MET COAL INCBasic Materials0.3%$1.3m61,897–new
FANG DIAMONDBACK ENERGY INCEnergy0.3%$1.3m14,037+74%added
MSFT MICROSOFT CORPTechnology0.3%$1.3m7,9320.0%held
JECUSD JACOBS ENGR GROUP INC–0.2%$1.2m13,711+512%added
JEF JEFFERIES FINANCIAL GROUP INFinancial Services0.2%$1.2m54,153–new
GASLOG LTD no ticker–0.2%$1.1m109,292−41%reduced
SCCO SOUTHERN COPPER CORPBasic Materials0.2%$1.0m23,831–new
PRU PRUDENTIAL FINL INCFinancial Services0.2%$1.0m10,710–new
CVS CVS HEALTH CORPHealthcare0.2%$966k13,002–new
COP CONOCOPHILLIPSEnergy0.2%$965k14,836+58%added
CE Celanese CorpBasic Materials0.2%$941k7,646–new
ITCIEUR INTRA-CELLULAR THERAPIES INC–0.2%$928k27,053–new
GATX GATX CORPIndustrials0.2%$898k10,843–new
LNC LINCOLN NATL CORP INDFinancial Services0.2%$891k15,106–new
ALLERGAN PLC no ticker–0.2%$888k4,647–new
CITUSD CIT GROUP INC–0.2%$875k19,173–new
UNM UNUM GROUPFinancial Services0.2%$873k29,953–new
URI UNITED RENTALS INCIndustrials0.2%$868k5,205–new
PDCEUSD PDC ENERGY INC–0.2%$848k32,417+22%added
EQT EQT CORPORATIONEnergy0.2%$832k76,328−32%reduced

Exited since Q3 2019

23 rows
KYN KAYNE ANDERSON MLP INVT CO2.2%$10.6m
WEP MAGELLAN MIDSTREAM PRTNRS LP1.8%$8.6m
HESS MIDSTREAM PARTNERS LP no ticker1.1%$5.2m
SEMGUSD SEMGROUP CORP0.7%$3.3m
LQD ISHARES TR0.6%$2.9m
NEUBERGER BERMAN MLP AND ENR no ticker0.6%$2.8m
OASIS MIDSTREAM PARTNERS LP no ticker0.5%$2.6m
CLEARBRIDGE ENERGY MIDSTRM O no ticker0.5%$2.6m
CNX MIDSTREAM PARTNERS LP no ticker0.5%$2.4m
CLEARBRIDGE MLP AND MIDSTRM no ticker0.4%$2.1m
FST TR NEW OPPORT MLP & ENE no ticker0.4%$1.9m
STNG SCORPIO TANKERS INC0.4%$1.8m
VCSH VANGUARD SCOTTSDALE FDS0.3%$1.6m
NESR NATIONAL ENERGY SERVICES REU0.1%$688k
SEI SOLARIS ENERGY INFRAS INC0.1%$598k
SU SUNCOR ENERGY INC NEW0.1%$542k
TALO TALOS ENERGY INC0.1%$496k
CPE3EUR CALLON PETE CO DEL0.10%$467k
LPI1EUR LAREDO PETROLEUM INC0.07%$360k
NINE NINE ENERGY SERVICE INC0.07%$330k
CTAS CINTAS CORP0.06%$282k
CXOEUR CONCHO RES INC0.06%$273k
KEANE GROUP INC no ticker0.05%$242k

Sector mix

  • Unclassified69.7%
  • Energy25.9%
  • Basic Materials1.2%
  • Financial Services1.1%
  • Industrials1.0%
  • Healthcare0.5%
  • Technology0.4%
  • Consumer Cyclical0.1%
  • Utilities0.09%

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