WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q2 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-06-30, filed 2020-08-14

HITE Hedge Asset Management LLC disclosed 92 US equity positions worth $272.2m in its Q2 2020 13F filing. Its largest position is PE1EUR at 7.6% of the reported book, followed by SWITCHBACK ENERGY ACQUISTN C and VIPER ENERGY PARTNERS LP. Versus Q1 2020 it opened 52 new positions, added to 15, reduced 19 and exited 28.

$272m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
92
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.6%
Largest position
The largest single position as a share of the reported equity book.
48.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
30
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 2020: 52 new, 15 added, 19 reduced, 28 exited

50 of 92
PE1EUR PARSLEY ENERGY INC–7.6%$20.7m1.94m+4817%added
SWITCHBACK ENERGY ACQUISTN C no ticker–7.4%$20.2m2.00m0.0%held
VIPER ENERGY PARTNERS LP no ticker–6.1%$16.7m1.61m−69%reduced
EVAUSD ENVIVA PARTNERS LP–5.7%$15.5m448,602+19%added
NBL2EUR NOBLE ENERGY INC–4.4%$11.8m1.32m−62%reduced
PAGPEUR PLAINS GP HLDGS L P–4.3%$11.7m1.31m–new
R6C2 ROYAL DUTCH SHELL PLC–4.0%$10.8m355,785–new
WEP MAGELLAN MIDSTREAM PRTNRS LP–3.2%$8.6m200,065−37%reduced
ARCH1EUR ARCH COAL INC–3.0%$8.3m291,036+146%added
ETRNUSD EQUITRANS MIDSTREAM CORP–3.0%$8.3m994,117–new
TORTOISE ACQUISITION CORP no ticker–2.9%$8.0m250,0000.0%held
CNX MIDSTREAM PARTNERS LP no ticker–2.9%$8.0m1.20m–new
KEX KIRBY CORPIndustrials2.8%$7.6m141,938–new
VCLT VANGUARD SCOTTSDALE FDS–2.5%$6.8m63,678–new
MNRLUSD BRIGHAM MINERALS INC–2.3%$6.3m510,859–new
LNG CHENIERE ENERGY INCEnergy2.1%$5.7m118,473+9.9%added
TRGP TARGA RES CORPEnergy1.9%$5.0m251,261−28%reduced
EPD ENTERPRISE PRODS PARTNERS LEnergy1.8%$4.9m270,600+33%added
ALTUS MIDSTREAM CO no ticker–1.7%$4.5m7.17m−2.3%reduced
NGS NATURAL GAS SERVICES GROUPEnergy1.5%$4.0m633,444−8.9%reduced
KRP KIMBELL RTY PARTNERS LPEnergy1.4%$3.9m458,585–new
PAA PLAINS ALL AMERN PIPELINE LEnergy1.3%$3.5m397,272−51%reduced
TLT ISHARES TR–1.2%$3.4m20,634–new
BP MIDSTREAM PARTNERS LP no ticker–1.2%$3.4m292,135−47%reduced
LQD ISHARES TR–1.2%$3.3m24,675–new
PSXPUSD PHILLIPS 66 PARTNERS LP–1.1%$3.0m82,891–new
SLB SLB LIMITEDEnergy1.0%$2.6m142,375–new
SU SUNCOR ENERGY INC NEWEnergy0.8%$2.1m127,043–new
2676403D NEXTIER OILFIELD SOLUTIONS–0.7%$2.0m806,568+24%added
BBY BEST BUY INCConsumer Cyclical0.7%$1.9m21,400–new
HAS HASBRO INCConsumer Cyclical0.6%$1.7m22,800+37%added
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–0.6%$1.7m199,639−72%reduced
MSFT MICROSOFT CORPTechnology0.6%$1.6m7,9320.0%held
9HI HILLENBRAND INC–0.6%$1.6m59,028+31%added
XYZ BLOCK INCTechnology0.6%$1.5m14,700+25%added
BROOKFIELD INFRAST PARTNERS no ticker–0.5%$1.4m34,316–new
VISN VISTANCE NETWORKS INCTechnology0.5%$1.4m168,500+83%added
TTEN TOTAL S.A.–0.5%$1.4m36,325−71%reduced
JNJ JOHNSON & JOHNSONHealthcare0.5%$1.3m9,171+231%added
XLI SELECT SECTOR SPDR TR–0.5%$1.3m18,521–new
SLV ISHARES SILVER TRUST–0.5%$1.3m74,592+0.7%added
NEM NEWMONT CORPBasic Materials0.4%$1.2m19,378+43%added
ATI ATI INCIndustrials0.4%$1.2m116,802–new
DTE DTE ENERGY COUtilities0.4%$1.2m11,007–new
COP CONOCOPHILLIPSEnergy0.4%$1.1m26,633−96%reduced
INGR INGREDION INCConsumer Defensive0.4%$1.1m13,304–new
FANG DIAMONDBACK ENERGY INCEnergy0.4%$1.1m25,833−46%reduced
ETR ENTERGY CORP NEWUtilities0.4%$1.1m11,490–new
NGVT INGEVITY CORPBasic Materials0.4%$1.1m20,153–new
NESR NATIONAL ENERGY SERVICES REUEnergy0.4%$1.1m153,530+76%added

Exited since Q1 2020

28 rows
WMB WILLIAMS COS INC16.7%$52.0m
RATTLER MIDSTREAM LP no ticker4.4%$13.7m
NRG NRG ENERGY INC4.3%$13.5m
CVX CHEVRON CORPORATION2.3%$7.3m
EQMUSD EQT MIDSTREAM PARTNERS LP1.5%$4.7m
HESS MIDSTREAM PARTNERS LP no ticker1.0%$3.0m
JECUSD JACOBS ENGR GROUP INC0.9%$2.9m
CAT CATERPILLAR INC0.8%$2.4m
HONGBP HONEYWELL INTL INC0.7%$2.3m
EMR Emerson Electric Inc.0.7%$2.0m
XLU SELECT SECTOR SPDR TR0.6%$1.7m
TEGPUSD TALLGRASS ENERGY LP0.5%$1.7m
SUN SUNOCO LP0.4%$1.4m
EOG EOG Resources Inc0.3%$955k
SRE SEMPRA0.3%$927k
CMS CMS ENERGY CORP0.2%$734k
ED CONSOLIDATED EDISON INC0.2%$702k
9990302D APACHE CORP0.2%$689k
DUK DUKE ENERGY CORP NEW0.2%$514k
VZ VERIZON COMMUNICATIONS INC0.2%$500k
ETN EATON CORP PLC0.2%$489k
ACM AECOM0.1%$331k
STLD STEEL DYNAMICS INC0.1%$325k
EQT EQT CORPORATION0.10%$304k
EME EMCOR GROUP INC0.09%$294k
SPH SUBURBAN PROPANE PARTNERS L0.09%$291k
CRK COMSTOCK RES INC0.08%$259k
UAN CVR PARTNERS LP0.07%$215k

Sector mix

  • Unclassified70.8%
  • Energy13.8%
  • Industrials4.5%
  • Technology2.6%
  • Consumer Cyclical2.0%
  • Consumer Defensive1.8%
  • Basic Materials1.6%
  • Utilities1.4%
  • Healthcare1.0%
  • Communication Services0.3%
  • Financial Services0.1%

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