WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q1 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-03-31, filed 2021-05-17

HITE Hedge Asset Management LLC disclosed 161 US equity positions worth $665.8m in its Q1 2021 13F filing. Its largest position is TRGP at 5.3% of the reported book, followed by ETR and DVN. Versus Q4 2020 it opened 72 new positions, added to 33, reduced 41 and exited 31.

$666m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
161
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.3%
Largest position
The largest single position as a share of the reported equity book.
29.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
57
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 2020: 72 new, 33 added, 41 reduced, 31 exited

50 of 161
TRGP TARGA RES CORPEnergy5.3%$35.5m1.12m+161%added
ETR ENTERGY CORP NEWUtilities4.5%$30.1m302,209+206%added
DVN DEVON ENERGY CORP NEWEnergy3.1%$20.4m932,014+133%added
POR PORTLAND GEN ELEC COUtilities2.8%$18.5m389,804+90%added
NEE NEXTERA ENERGY INCUtilities2.7%$17.7m234,394+190%added
LQD ISHARES TR–2.3%$15.6m120,040−12%reduced
VCIT VANGUARD SCOTTSDALE FDS–2.3%$15.5m166,435+26%added
LNT ALLIANT ENERGY CORPUtilities2.3%$15.4m283,951+40%added
VIPER ENERGY PARTNERS LP no ticker–2.3%$15.1m1.03m−7.0%reduced
R6C2 ROYAL DUTCH SHELL PLC–2.2%$14.5m392,364+2.1%added
CNP CENTERPOINT ENERGY INCUtilities2.0%$13.4m590,489+31%added
STAR PEAK CORP II no ticker–2.0%$13.0m1.25m–new
DIAMONDHEAD HOLDINGS CORP no ticker–1.9%$12.4m1.26m–new
SO SOUTHERN COUtilities1.9%$12.4m199,501+62%added
EVRG EVERGY INCUtilities1.8%$12.1m202,428+354%added
CWEN CLEARWAY ENERGY INCUtilities1.7%$11.5m407,811–new
NI NISOURCE INCUtilities1.7%$11.4m471,546+122%added
SPARTAN ACQUISITION CORP III no ticker–1.7%$11.4m1.13m–new
XEL XCEL ENERGY INCUtilities1.7%$11.4m170,746–new
VCLT VANGUARD SCOTTSDALE FDS–1.7%$11.1m109,164−14%reduced
CVI CVR ENERGY INCEnergy1.6%$10.7m556,919+191%added
FANG DIAMONDBACK ENERGY INCEnergy1.6%$10.6m144,246+129%added
AEE AMEREN CORPUtilities1.6%$10.5m129,632+163%added
9990302D APACHE CORP–1.5%$10.2m570,085+20%added
SU SUNCOR ENERGY INC NEWEnergy1.5%$10.2m486,293+81%added
SWITCHBACK II CORPORATION no ticker–1.5%$9.9m967,642–new
MDU MDU RES GROUP INCUtilities1.5%$9.9m311,636–new
AES AES CORPUtilities1.4%$9.6m358,109+12%added
RICE ACQUISITION CORP no ticker–1.4%$9.5m830,737−36%reduced
NWE NORTHWESTERN ENERGY GROUP INUtilities1.4%$9.2m141,447+3.4%added
MRO* MARATHON OIL CORP–1.3%$8.9m832,866–new
HYG ISHARES TR–1.3%$8.6m98,269−17%reduced
WMB WILLIAMS COS INCEnergy1.2%$7.8m328,552+14%added
CLIMATE CHANGE CRISIS REAL I no ticker–1.2%$7.7m494,143−38%reduced
SPDR SERIES TRUST no ticker–1.2%$7.7m70,789−19%reduced
FORTISTAR SUSTAINABLE SOL CO no ticker–1.1%$7.2m721,729–new
DECARBONIZATION PLUS ACQU II no ticker–1.0%$6.4m636,319–new
NATURAL ORDER ACQUISITION CO no ticker–0.9%$6.3m643,697–new
FIRST RESERVE SUSTAINABLE GW no ticker–0.9%$6.0m600,000–new
HENNESSY CAPITAL INVS CORP V no ticker–0.8%$5.7m558,415–new
OVV OVINTIV INCEnergy0.8%$5.4m227,150–new
SLB SLB LIMITEDEnergy0.7%$4.9m179,340–new
CLIMATE REAL IMPACT SLUTINS no ticker–0.7%$4.8m481,068–new
NATURAL ORDER ACQUISITION CO no ticker–0.7%$4.4m419,541−53%reduced
NOVUS CAPITAL CORPORATION II no ticker–0.6%$4.1m407,053–new
BKR BAKER HUGHES COMPANYEnergy0.6%$3.7m170,003–new
2676403D NEXTIER OILFIELD SOLUTIONS–0.5%$3.5m947,860+122%added
SUSTAINABLE DEVELP ACQU I CO no ticker–0.5%$3.5m350,000–new
KRP KIMBELL RTY PARTNERS LPEnergy0.5%$3.5m341,213−13%reduced
ECP ENVIRONMENTAL GW OPT COR no ticker–0.5%$3.2m312,617–new

Exited since Q4 2020

31 rows
STAR PEAK ENERGY TRANSITION no ticker3.8%$16.1m
LNG CHENIERE ENERGY INC2.7%$11.6m
SWITCHBACK ENERGY ACQUISTN C no ticker2.6%$11.3m
EOG EOG Resources Inc2.3%$9.7m
MNRLUSD BRIGHAM MINERALS INC1.7%$7.1m
D DOMINION ENERGY INC1.5%$6.5m
ARCLIGHT CLEAN TRANSITION CO no ticker1.5%$6.4m
COP CONOCOPHILLIPS1.4%$5.9m
STAR PEAK ENERGY TRANSITION no ticker1.1%$4.6m
MPC Marathon Petroleum Corp1.0%$4.3m
RMG ACQUISITION CORP II no ticker0.8%$3.3m
CRK COMSTOCK RES INC0.6%$2.5m
NGVT INGEVITY CORP0.6%$2.5m
PPL PPL CORP0.5%$2.3m
OKE ONEOK INC NEW0.4%$1.9m
UGI UGI CORP NEW0.4%$1.8m
QUANTUMSCAPE CORP no ticker0.4%$1.8m
CF CF Industries Holdings Inc0.4%$1.8m
MLKN MILLERKNOLL INC0.4%$1.6m
SWITCHBACK ENERGY ACQUISTN C no ticker0.3%$1.3m
ECOL US ECOLOGY INC0.3%$1.3m
CTRA COTERRA ENERGY INC0.3%$1.2m
NGS NATURAL GAS SERVICES GROUP0.3%$1.2m
ITT ITT INC0.3%$1.1m
MCD MCDONALDS CORP0.2%$1.0m
HAS HASBRO INC0.2%$661k
EXP EAGLE MATERIALS INC0.2%$659k
SEVEN OAKS ACQUISITION CORP no ticker0.07%$310k
GLYCEUR GLYCOMIMETICS INC0.07%$296k
NOK NOKIA CORP0.07%$286k
VYGR VOYAGER THERAPEUTICS INC0.05%$210k

Sector mix

  • Unclassified42.2%
  • Utilities29.9%
  • Energy18.6%
  • Industrials2.5%
  • Basic Materials1.8%
  • Technology1.3%
  • Consumer Cyclical1.2%
  • Financial Services0.8%
  • Communication Services0.7%
  • Healthcare0.6%
  • Consumer Defensive0.4%
  • Real Estate0.2%

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