WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-15

HITE Hedge Asset Management LLC disclosed 147 US equity positions worth $794.3m in its Q3 2021 13F filing. Its largest position is TRGP at 7.0% of the reported book, followed by NI and ETR. Versus Q2 2021 it opened 39 new positions, added to 26, reduced 29 and exited 36.

$794m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
147
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.0%
Largest position
The largest single position as a share of the reported equity book.
38.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
42
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 Q2 2021: 39 new, 26 added, 29 reduced, 36 exited

50 of 147
TRGP TARGA RES CORPEnergy7.0%$55.4m1.13m+45%added
NI NISOURCE INCUtilities6.9%$54.8m2.26m+203%added
ETR ENTERGY CORP NEWUtilities4.5%$35.4m356,527−6.2%reduced
LFG1USD ARCHAEA ENERGY INC–4.1%$32.7m1.73m–new
POR PORTLAND GEN ELEC COUtilities3.4%$27.0m575,305−11%reduced
CNP CENTERPOINT ENERGY INCUtilities2.9%$23.3m948,289+61%added
XEL XCEL ENERGY INCUtilities2.7%$21.3m340,746+89%added
MRO* MARATHON OIL CORP–2.5%$19.5m1.43m+97%added
OVV OVINTIV INCEnergy2.4%$18.7m569,434−17%reduced
PXDEUR PIONEER NAT RES CO–2.3%$18.2m109,336–new
AEE AMEREN CORPUtilities2.0%$15.8m195,148+50%added
VCIT VANGUARD SCOTTSDALE FDS–1.8%$14.3m151,570−16%reduced
STEM STEM INCUtilities1.8%$14.0m585,768+5.6%added
LQD ISHARES TR–1.7%$13.2m99,413−27%reduced
EVRG EVERGY INCUtilities1.6%$13.1m210,004−38%reduced
DVN DEVON ENERGY CORP NEWEnergy1.6%$12.7m356,699−35%reduced
OXY OCCIDENTAL PETE CORPEnergy1.6%$12.6m424,340−31%reduced
DIAMONDHEAD HOLDINGS CORP no ticker–1.5%$12.2m1.26m0.0%held
CWEN CLEARWAY ENERGY INCUtilities1.5%$12.2m403,088−36%reduced
FANG DIAMONDBACK ENERGY INCEnergy1.5%$12.1m127,387+476%added
VIPER ENERGY PARTNERS LP no ticker–1.4%$11.1m507,110−19%reduced
NEE NEXTERA ENERGY INCUtilities1.4%$11.0m140,000+134%added
RICE ACQUISITION CORP II no ticker–1.3%$10.4m1.05m–new
CHRD CHORD ENERGY CORPORATIONEnergy1.3%$10.1m101,127–new
NATURAL ORDER ACQUISITION CO no ticker–1.3%$10.0m1.02m0.0%held
TPG PACE BENEFICIAL II CORP no ticker–1.2%$9.8m1.00m0.0%held
FIRST RESERVE SUSTAINABLE GW no ticker–1.2%$9.8m992,8640.0%held
VCLT VANGUARD SCOTTSDALE FDS–1.2%$9.4m88,950−24%reduced
AR ANTERO RESOURCES CORPEnergy1.2%$9.2m489,392+90%added
SM SM ENERGY COMPANYEnergy1.1%$9.1m343,815–new
SU SUNCOR ENERGY INC NEWEnergy1.1%$9.0m433,523+34%added
DTM DT MIDSTREAM INCEnergy1.1%$8.8m190,669–new
FORTISTAR SUSTAINABLE SOL CO no ticker–1.0%$7.8m795,7350.0%held
SO SOUTHERN COUtilities1.0%$7.7m125,000–new
CVI CVR ENERGY INCEnergy0.9%$6.9m415,108−15%reduced
EOG EOG Resources IncEnergy0.9%$6.9m86,102–new
LNT ALLIANT ENERGY CORPUtilities0.9%$6.9m123,329−32%reduced
RATTLER MIDSTREAM LP no ticker–0.9%$6.9m584,295–new
JNK SPDR SERIES TRUST–0.8%$6.7m61,430–new
ERFGBP ENERPLUS CORP–0.8%$6.7m838,845–new
DCRN DECARBONIZATION PLUS ACQU II–0.8%$6.4m651,3190.0%held
PDCEUSD PDC ENERGY INC–0.8%$6.1m129,203−0.2%held
CNQ CANADIAN NAT RES LTD MED TEREnergy0.7%$5.7m155,931–new
FREYR BATTERY no ticker–0.7%$5.4m545,664–new
EXE EXPAND ENERGY CORPORATIONEnergy0.7%$5.3m86,382−33%reduced
HFCUSD HOLLYFRONTIER CORP–0.6%$4.9m149,310–new
CLIMATE REAL IMPACT SLUTINS no ticker–0.6%$4.7m481,0680.0%held
WMB WILLIAMS COS INCEnergy0.6%$4.4m170,865+127%added
HYG ISHARES TR–0.5%$4.2m48,549−52%reduced
MDU MDU RES GROUP INCUtilities0.5%$4.0m136,245−48%reduced

Exited since Q2 2021

36 rows
RICEEUR RICE ENERGY INC4.4%$31.2m
9990302D APACHE CORP1.7%$11.8m
RICE ACQUISITION CORP II no ticker1.5%$10.7m
SPDR SERIES TRUST no ticker1.1%$8.0m
R6C2 ROYAL DUTCH SHELL PLC1.1%$7.9m
SPARTAN ACQUISITION CORP III no ticker1.1%$7.7m
CMS CMS ENERGY CORP1.0%$7.4m
AES AES CORP1.0%$7.3m
TTEN TOTAL S.A.0.6%$4.1m
KEY KEYCORP0.5%$3.3m
RF REGIONS FINANCIAL CORP NEW0.5%$3.3m
RICE ACQUISITION CORP no ticker0.4%$2.9m
FE FIRSTENERGY CORP0.4%$2.8m
XME SPDR SER TR0.3%$2.2m
ARCH1EUR ARCH COAL INC0.3%$2.2m
STAR PEAK CORP II no ticker0.3%$2.0m
LNG CHENIERE ENERGY INC0.3%$1.9m
KHC KRAFT HEINZ CO0.2%$1.7m
PRGO PERRIGO CO PLC0.2%$1.7m
LBRT LIBERTY ENERGY INC0.2%$1.7m
SLB SLB LIMITED0.2%$1.6m
VINE ENERGY INC no ticker0.2%$1.6m
CXPUSD COLUMBIA PPTY TR INC0.2%$1.4m
CCMPEUR CABOT MICROELECTRONICS CORP0.2%$1.4m
APY1EUR CHAMPIONX CORPORATION0.2%$1.2m
WLLEUR WHITING PETE CORP NEW0.2%$1.1m
JCI JOHNSON CONTROLS INTERNATION0.1%$909k
STL STERLING BANCORP DEL0.1%$734k
HL HECLA MINING COMPANY0.1%$730k
FOX FOX CORP0.1%$719k
CNST CONSTELLATION PHARMCETICLS I0.08%$574k
REPX RILEY EXPLORATION PERMIAN IN0.06%$435k
FXI ISHARES TR0.03%$226k
FTCHQ FARFETCH LTD0.03%$221k
INTC INTEL CORP0.03%$208k
EMR Emerson Electric Inc.0.03%$202k

Sector mix

  • Unclassified35.6%
  • Utilities31.4%
  • Energy27.0%
  • Industrials1.3%
  • Basic Materials1.3%
  • Financial Services1.2%
  • Consumer Cyclical0.8%
  • Technology0.8%
  • Healthcare0.3%
  • Communication Services0.2%
  • Real Estate0.2%
  • Consumer Defensive0.04%

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