WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q1 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-03-31, filed 2020-05-14

HITE Hedge Asset Management LLC disclosed 68 US equity positions worth $312.3m in its Q1 2020 13F filing. Its largest position is WMB at 16.7% of the reported book, followed by VIPER ENERGY PARTNERS LP and MPLX. Versus Q4 2019 it opened 36 new positions, added to 13, reduced 13 and exited 61.

$312m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
68
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.7%
Largest position
The largest single position as a share of the reported equity book.
69.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
15
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 Q4 2019: 36 new, 13 added, 13 reduced, 61 exited

50 of 68
WMB WILLIAMS COS INCEnergy16.7%$52.0m3.68m–new
VIPER ENERGY PARTNERS LP no ticker–11.0%$34.3m5.18m+76%added
MPLX MPLX LPEnergy6.9%$21.6m1.86m+410%added
NBL2EUR NOBLE ENERGY INC–6.8%$21.3m3.52m+2361%added
SWITCHBACK ENERGY ACQUISTN C no ticker–6.2%$19.5m2.00m0.0%held
COP CONOCOPHILLIPSEnergy6.1%$19.2m623,223+4101%added
RATTLER MIDSTREAM LP no ticker–4.4%$13.7m3.95m+66%added
NRG NRG ENERGY INCUtilities4.3%$13.5m495,646–new
WEP MAGELLAN MIDSTREAM PRTNRS LP–3.7%$11.5m315,981–new
EVAUSD ENVIVA PARTNERS LP–3.2%$10.0m375,507−28%reduced
CVX CHEVRON CORPORATIONEnergy2.3%$7.3m100,100–new
ALTUS MIDSTREAM CO no ticker–1.8%$5.5m7.34m+13%added
BP MIDSTREAM PARTNERS LP no ticker–1.6%$5.1m550,031−10%reduced
EQMUSD EQT MIDSTREAM PARTNERS LP–1.5%$4.7m401,157−12%reduced
TTEN TOTAL S.A.–1.5%$4.7m125,169–new
PAA PLAINS ALL AMERN PIPELINE LEnergy1.4%$4.3m806,991+358%added
LNG CHENIERE ENERGY INCEnergy1.2%$3.6m107,814−25%reduced
ARCH1EUR ARCH COAL INC–1.1%$3.4m118,246+257%added
NGS NATURAL GAS SERVICES GROUPEnergy1.0%$3.1m695,116−1.7%reduced
HESS MIDSTREAM PARTNERS LP no ticker–1.0%$3.0m297,027–new
EPD ENTERPRISE PRODS PARTNERS LEnergy0.9%$2.9m204,080−55%reduced
JECUSD JACOBS ENGR GROUP INC–0.9%$2.9m36,300+165%added
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–0.8%$2.5m709,691−58%reduced
TRGP TARGA RES CORPEnergy0.8%$2.4m351,200−46%reduced
TORTOISE ACQUISITION CORP no ticker–0.8%$2.4m250,000−50%reduced
CAT CATERPILLAR INCIndustrials0.8%$2.4m20,530–new
HONGBP HONEYWELL INTL INC–0.7%$2.3m17,360–new
JCI JOHNSON CONTROLS INTERNATIONIndustrials0.7%$2.1m78,700–new
EMR Emerson Electric Inc.Industrials0.7%$2.0m42,900–new
MLM MARTIN MARIETTA MATLS INCBasic Materials0.6%$1.9m10,300–new
VMC VULCAN MATLS COBasic Materials0.6%$1.9m17,700–new
XLU SELECT SECTOR SPDR TR–0.6%$1.7m31,287–new
TEGPUSD TALLGRASS ENERGY LP–0.5%$1.7m104,300–new
SUN SUNOCO LPEnergy0.4%$1.4m87,098–new
FANG DIAMONDBACK ENERGY INCEnergy0.4%$1.3m48,186+243%added
MSFT MICROSOFT CORPTechnology0.4%$1.3m7,9320.0%held
HAS HASBRO INCConsumer Cyclical0.4%$1.2m16,700–new
SLV ISHARES SILVER TRUST–0.3%$967k74,100–new
EOG EOG Resources IncEnergy0.3%$955k26,573–new
NEE NEXTERA ENERGY INCUtilities0.3%$950k3,950–new
SRE SEMPRAUtilities0.3%$927k8,200–new
9HI HILLENBRAND INC–0.3%$858k44,910–new
VISN VISTANCE NETWORKS INCTechnology0.3%$840k92,200–new
2676403D NEXTIER OILFIELD SOLUTIONS–0.2%$762k651,696+144%added
CMS CMS ENERGY CORPUtilities0.2%$734k12,500–new
ED CONSOLIDATED EDISON INCUtilities0.2%$702k9,000–new
9990302D APACHE CORP–0.2%$689k164,845–new
XYZ BLOCK INCTechnology0.2%$618k11,800–new
NEM NEWMONT CORPBasic Materials0.2%$614k13,565−5.3%reduced
DUK DUKE ENERGY CORP NEWUtilities0.2%$514k6,357–new

Exited since Q4 2019

61 rows
FALCON MINERALS CORP no ticker7.8%$38.9m
ET ENERGY TRANSFER LP3.8%$18.9m
ANTERO MIDSTREAM PARTNERS LP no ticker3.6%$18.0m
NGL NGL ENERGY PARTNERS LP3.2%$16.0m
AR ANTERO RESOURCES CORP3.0%$14.9m
MNRLUSD BRIGHAM MINERALS INC2.5%$12.3m
CEQPUSD CRESTWOOD EQUITY PARTNERS LP1.1%$5.4m
WES WESTERN MIDSTREAM PARTNERS L0.8%$3.9m
KAYNE ANDERSON MDSTM ENERGY no ticker0.8%$3.8m
ENCANA CORP no ticker0.3%$1.3m
HCC WARRIOR MET COAL INC0.3%$1.3m
JEF JEFFERIES FINANCIAL GROUP IN0.2%$1.2m
GASLOG LTD no ticker0.2%$1.1m
SCCO SOUTHERN COPPER CORP0.2%$1.0m
PRU PRUDENTIAL FINL INC0.2%$1.0m
CVS CVS HEALTH CORP0.2%$966k
CE Celanese Corp0.2%$941k
ITCIEUR INTRA-CELLULAR THERAPIES INC0.2%$928k
GATX GATX CORP0.2%$898k
LNC LINCOLN NATL CORP IND0.2%$891k
ALLERGAN PLC no ticker0.2%$888k
CITUSD CIT GROUP INC0.2%$875k
UNM UNUM GROUP0.2%$873k
URI UNITED RENTALS INC0.2%$868k
BP BP PLC0.2%$808k
AXALTA COATING SYS LTD no ticker0.2%$767k
AMG AFFILIATED MANAGERS GROUP0.1%$723k
MOS MOSAIC CO0.1%$721k
AA ALCOA CORP0.1%$694k
CMC COMMERCIAL METALS CO0.1%$687k
NOG1EUR NORTHERN OIL & GAS INC NEV0.1%$666k
AGIO AGIOS PHARMACEUTICALS INC0.1%$643k
GLNG GOLAR LNG LTD0.1%$622k
PVH PVH CORPORATION0.1%$582k
CTRA COTERRA ENERGY INC0.1%$575k
R RYDER SYS INC0.1%$516k
MRO* MARATHON OIL CORP0.1%$501k
HRI HERC HLDGS INC0.10%$492k
PDLIEUR PDL BIOPHARMA INC0.10%$488k
BGGUSD BRIGGS & STRATTON CORP0.10%$482k
AWK AMERICAN WTR WKS CO INC NEW0.09%$473k
ARCB ARCBEST CORP0.09%$452k
MPC Marathon Petroleum Corp0.09%$446k
OXY OCCIDENTAL PETE CORP0.09%$439k
AKS1EUR AK STL HLDG CORP0.08%$402k
GVA GRANITE CONSTR INC0.07%$368k
CDEVEUR CENTENNIAL RESOURCE DEV INC0.07%$351k
HP HELMERICH & PAYNE INC0.07%$342k
SLB SLB LIMITED0.07%$334k
FITB FIFTH THIRD BANCORP0.06%$302k

Sector mix

  • Unclassified49.7%
  • Energy38.7%
  • Utilities5.6%
  • Industrials2.6%
  • Basic Materials1.5%
  • Technology1.0%
  • Consumer Cyclical0.4%
  • Communication Services0.2%
  • Healthcare0.1%
  • Financial Services0.10%

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