WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q4 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-12-31, filed 2021-02-11

HITE Hedge Asset Management LLC disclosed 120 US equity positions worth $429.2m in its Q4 2020 13F filing. Its largest position is LQD at 4.4% of the reported book, followed by STAR PEAK ENERGY TRANSITION and RICE ACQUISITION CORP. Versus Q3 2020 it opened 56 new positions, added to 20, reduced 31 and exited 36.

$429m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
120
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.4%
Largest position
The largest single position as a share of the reported equity book.
31.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
52
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 2020: 56 new, 20 added, 31 reduced, 36 exited

50 of 120
LQD ISHARES TR–4.4%$18.8m135,840+31%added
STAR PEAK ENERGY TRANSITION no ticker–3.8%$16.1m725,957−52%reduced
RICE ACQUISITION CORP no ticker–3.4%$14.7m1.30m–new
VCLT VANGUARD SCOTTSDALE FDS–3.3%$14.1m127,284+19%added
VIPER ENERGY PARTNERS LP no ticker–3.0%$12.9m1.11m−54%reduced
R6C2 ROYAL DUTCH SHELL PLC–3.0%$12.9m384,436+11%added
VCIT VANGUARD SCOTTSDALE FDS–3.0%$12.9m132,335+150%added
LNG CHENIERE ENERGY INCEnergy2.7%$11.6m193,099−11%reduced
TRGP TARGA RES CORPEnergy2.6%$11.3m429,183−55%reduced
SWITCHBACK ENERGY ACQUISTN C no ticker–2.6%$11.3m247,640−85%reduced
LNT ALLIANT ENERGY CORPUtilities2.4%$10.4m202,764–new
HYG ISHARES TR–2.4%$10.4m118,846+190%added
ETR ENTERGY CORP NEWUtilities2.3%$9.8m98,634–new
CNP CENTERPOINT ENERGY INCUtilities2.3%$9.8m452,184–new
EOG EOG Resources IncEnergy2.3%$9.7m193,815+165%added
NATURAL ORDER ACQUISITION CO no ticker–2.2%$9.6m888,000–new
SPDR SERIES TRUST no ticker–2.2%$9.5m87,376+214%added
POR PORTLAND GEN ELEC COUtilities2.0%$8.8m205,256–new
CLIMATE CHANGE CRISIS REAL I no ticker–2.0%$8.6m800,0000.0%held
NWE NORTHWESTERN ENERGY GROUP INUtilities1.9%$8.0m136,775–new
SO SOUTHERN COUtilities1.8%$7.6m123,494–new
AES AES CORPUtilities1.8%$7.5m319,952–new
MNRLUSD BRIGHAM MINERALS INC–1.7%$7.1m648,909−24%reduced
9990302D APACHE CORP–1.6%$6.8m476,558+45%added
D DOMINION ENERGY INCUtilities1.5%$6.5m86,748–new
ARCLIGHT CLEAN TRANSITION CO no ticker–1.5%$6.4m538,0000.0%held
DVN DEVON ENERGY CORP NEWEnergy1.5%$6.3m400,513+21%added
NEE NEXTERA ENERGY INCUtilities1.5%$6.2m80,833+2249%added
COP CONOCOPHILLIPSEnergy1.4%$5.9m147,061–new
WMB WILLIAMS COS INCEnergy1.3%$5.8m287,621–new
NI NISOURCE INCUtilities1.1%$4.9m212,466–new
STAR PEAK ENERGY TRANSITION no ticker–1.1%$4.6m775,370–new
SU SUNCOR ENERGY INC NEWEnergy1.1%$4.5m268,613+91%added
PSX PHILLIPS 66Energy1.0%$4.4m62,285–new
MPC Marathon Petroleum CorpEnergy1.0%$4.3m104,593+103%added
AEE AMEREN CORPUtilities0.9%$3.9m49,339–new
RMG ACQUISITION CORP II no ticker–0.8%$3.3m300,000–new
KRP KIMBELL RTY PARTNERS LPEnergy0.7%$3.1m391,324−15%reduced
FANG DIAMONDBACK ENERGY INCEnergy0.7%$3.0m62,939+254%added
CVI CVR ENERGY INCEnergy0.7%$2.9m191,428–new
ATI ATI INCIndustrials0.7%$2.8m169,786+132%added
IPG INTERPUBLIC GROUP COS INC–0.6%$2.7m113,896–new
CRK COMSTOCK RES INCEnergy0.6%$2.5m583,622+101%added
T AT&T INCCommunication Services0.6%$2.5m87,678–new
R RYDER SYS INCIndustrials0.6%$2.5m40,390+73%added
NGVT INGEVITY CORPBasic Materials0.6%$2.5m32,758–new
EVRG EVERGY INCUtilities0.6%$2.5m44,600–new
OSK OSHKOSH CORPIndustrials0.5%$2.3m27,144–new
PPL PPL CORPUtilities0.5%$2.3m80,436–new
MSFT MICROSOFT CORPTechnology0.5%$2.2m10,1120.0%held

Exited since Q3 2020

36 rows
PE1EUR PARSLEY ENERGY INC3.5%$11.1m
EVAUSD ENVIVA PARTNERS LP3.2%$10.3m
EPD ENTERPRISE PRODS PARTNERS L2.4%$7.8m
TORTOISE ACQUISITION CORP no ticker2.2%$7.2m
NBL2EUR NOBLE ENERGY INC1.7%$5.5m
TORTOISE ACQUISITION CORP no ticker1.5%$4.8m
PAA PLAINS ALL AMERN PIPELINE L1.5%$4.7m
CXOEUR CONCHO RES INC1.4%$4.6m
ALTUS MIDSTREAM CO no ticker1.2%$4.0m
WEP MAGELLAN MIDSTREAM PRTNRS LP1.2%$3.7m
HEPUSD HOLLY ENERGY PARTNERS L P1.0%$3.2m
PAGPEUR PLAINS GP HLDGS L P0.9%$2.8m
ETRNUSD EQUITRANS MIDSTREAM CORP0.9%$2.7m
NBLXUSD NOBLE MIDSTREAM PARTNERS LP0.9%$2.7m
WPXUSD WPX ENERGY INC0.8%$2.6m
MPLX MPLX LP0.8%$2.5m
TLT ISHARES TR0.7%$2.3m
RATTLER MIDSTREAM LP no ticker0.6%$1.9m
XECEUR CIMAREX ENERGY CO0.5%$1.8m
BROOKFIELD INFRAST PARTNERS no ticker0.5%$1.6m
SLV ISHARES SILVER TRUST0.5%$1.6m
PDCEUSD PDC ENERGY INC0.5%$1.5m
DTE DTE ENERGY CO0.4%$1.4m
BP MIDSTREAM PARTNERS LP no ticker0.4%$1.3m
MD PEDIATRIX MEDICAL GROUP INC0.4%$1.2m
MTSC MTS SYS CORP0.3%$870k
BP BP PLC0.2%$693k
HAIN HAIN CELESTIAL GROUP INC0.2%$640k
INGR INGREDION INC0.2%$606k
PEP PEPSICO INC0.2%$602k
SUN SUNOCO LP0.2%$543k
JECUSD JACOBS ENGR GROUP INC0.2%$540k
HESS MIDSTREAM PARTNERS LP no ticker0.09%$298k
ITCIEUR INTRA-CELLULAR THERAPIES INC0.08%$247k
OVV OVINTIV INC0.07%$227k
PRTY1EUR PARTY CITY HOLDCO INC0.07%$224k

Sector mix

  • Unclassified47.6%
  • Utilities21.0%
  • Energy18.5%
  • Industrials2.9%
  • Consumer Cyclical2.8%
  • Basic Materials2.6%
  • Technology1.9%
  • Communication Services1.3%
  • Consumer Defensive0.6%
  • Healthcare0.5%
  • Real Estate0.3%
  • 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