WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-14

HITE Hedge Asset Management LLC disclosed 153 US equity positions worth $869.2m in its Q4 2021 13F filing. Its largest position is TRGP at 6.5% of the reported book, followed by NI and ETR. Versus Q3 2021 it opened 35 new positions, added to 26, reduced 36 and exited 29.

$869m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
153
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.5%
Largest position
The largest single position as a share of the reported equity book.
37.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
44
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 2021: 35 new, 26 added, 36 reduced, 29 exited

50 of 153
TRGP TARGA RES CORPEnergy6.5%$56.9m1.09m−3.3%reduced
NI NISOURCE INCUtilities6.3%$54.7m1.98m−12%reduced
ETR ENTERGY CORP NEWUtilities4.9%$42.3m375,595+5.3%added
LFG1USD ARCHAEA ENERGY INC–4.6%$40.2m2.20m+27%added
OVV OVINTIV INCEnergy3.3%$28.7m852,211+50%added
POR PORTLAND GEN ELEC COUtilities2.9%$25.3m477,951−17%reduced
XEL XCEL ENERGY INCUtilities2.6%$23.0m339,717−0.3%held
EVRG EVERGY INCUtilities2.4%$21.1m308,006+47%added
WMB WILLIAMS COS INCEnergy2.0%$17.3m663,560+288%added
OXY OCCIDENTAL PETE CORPEnergy2.0%$17.2m594,259+40%added
MRO* MARATHON OIL CORP–2.0%$17.1m1.04m−27%reduced
PEG PUBLIC SVC ENTERPRISE GROUPUtilities1.9%$16.7m250,000–new
FE FIRSTENERGY CORPUtilities1.8%$15.8m380,800–new
VCLT VANGUARD SCOTTSDALE FDS–1.8%$15.3m144,848+63%added
VLO VALERO ENERGY CORPEnergy1.7%$15.1m200,659+267%added
VCIT VANGUARD SCOTTSDALE FDS–1.6%$13.7m147,227−2.9%reduced
STEM STEM INCUtilities1.5%$13.3m701,395+20%added
DIAMONDHEAD HOLDINGS CORP no ticker–1.4%$12.2m1.26m0.0%held
DVN DEVON ENERGY CORP NEWEnergy1.4%$12.0m272,394−24%reduced
D DOMINION ENERGY INCUtilities1.4%$11.8m150,000–new
AEE AMEREN CORPUtilities1.3%$11.6m129,986−33%reduced
PXDEUR PIONEER NAT RES CO–1.3%$11.4m62,518−43%reduced
ARISUSD ARIS WATER SOLUTIONS INC–1.3%$11.1m858,267–new
LQD ISHARES TR–1.3%$11.1m83,639−16%reduced
THE GROWTH FOR GOOD ACQU COR no ticker–1.3%$11.0m1.10m–new
RICE ACQUISITION CORP II no ticker–1.2%$10.5m1.05m0.0%held
NATURAL ORDER ACQUISITION CO no ticker–1.2%$10.0m1.02m0.0%held
CWEN CLEARWAY ENERGY INCUtilities1.1%$9.9m273,921−32%reduced
FIRST RESERVE SUSTAINABLE GW no ticker–1.1%$9.8m992,8640.0%held
TPG PACE BENEFICIAL II CORP no ticker–1.1%$9.8m1.00m0.0%held
FANG DIAMONDBACK ENERGY INCEnergy1.0%$8.6m79,887−37%reduced
TLT ISHARES TR–1.0%$8.5m57,155–new
AR ANTERO RESOURCES CORPEnergy1.0%$8.4m481,589−1.6%reduced
SM SM ENERGY COMPANYEnergy1.0%$8.3m281,449−18%reduced
JNK SPDR SERIES TRUST–0.9%$7.9m72,688+18%added
FORTISTAR SUSTAINABLE SOL CO no ticker–0.9%$7.7m795,7350.0%held
BENSON HILL INC no ticker–0.9%$7.7m1.05m+608%added
CVI CVR ENERGY INCEnergy0.9%$7.6m449,780+8.4%added
NOG1EUR NORTHERN OIL & GAS INC NEV–0.8%$7.1m346,717–new
CHRD CHORD ENERGY CORPORATIONEnergy0.8%$7.0m55,296−45%reduced
VIPER ENERGY PARTNERS LP no ticker–0.8%$6.8m319,650−37%reduced
PDCEUSD PDC ENERGY INC–0.8%$6.8m139,222+7.8%added
COP CONOCOPHILLIPSEnergy0.8%$6.8m94,031–new
LNT ALLIANT ENERGY CORPUtilities0.7%$6.5m106,027−14%reduced
DCRN DECARBONIZATION PLUS ACQU II–0.7%$6.5m651,3190.0%held
NWE NORTHWESTERN ENERGY GROUP INUtilities0.7%$6.5m113,023+156%added
FREYR BATTERY no ticker–0.7%$5.7m510,512−6.4%reduced
AEBA ALLETE INC–0.7%$5.7m85,665–new
HYG ISHARES TR–0.6%$5.4m62,593+29%added
ASTL ALGOMA STL GROUP INCBasic Materials0.6%$5.4m500,000–new

Exited since Q3 2021

29 rows
NEE NEXTERA ENERGY INC1.4%$11.0m
SU SUNCOR ENERGY INC NEW1.1%$9.0m
DTM DT MIDSTREAM INC1.1%$8.8m
SO SOUTHERN CO1.0%$7.7m
ERFGBP ENERPLUS CORP0.8%$6.7m
CNQ CANADIAN NAT RES LTD MED TER0.7%$5.7m
HFCUSD HOLLYFRONTIER CORP0.6%$4.9m
MDU MDU RES GROUP INC0.5%$4.0m
CNX CNX RESOURCES CORPORATION0.4%$3.0m
PBA PEMBINA PIPELINE CORP0.3%$2.4m
BKR BAKER HUGHES COMPANY0.3%$2.3m
VOLTA INC no ticker0.3%$2.2m
TECK TECK RESOURCES LTD0.3%$2.2m
ARCHAEA ENERGY INC no ticker0.3%$2.1m
YRI YAMANA GOLD INC0.2%$1.9m
SWITCHBACK II CORPORATION no ticker0.2%$1.8m
HAL HALLIBURTON CO0.2%$1.6m
STLD STEEL DYNAMICS INC0.2%$1.3m
SEVEN OAKS ACQUISITION CORP no ticker0.1%$1.2m
APA APA CORPORATION0.1%$1.1m
KGC KINROSS GOLD CORP0.1%$973k
NORTHERN GENESIS ACQUISITION no ticker0.1%$944k
CRC CALIFORNIA RES CORP0.1%$938k
OII OCEANEERING INTL INC0.10%$763k
BONANZA CREEK ENERGY INC no ticker0.08%$644k
EQT EQT CORPORATION0.08%$628k
USX1 UNITED STATES STL CORP NEW0.07%$564k
NOVAQ SUNNOVA ENERGY INTL INC.0.03%$217k
RUN SUNRUN INC0.03%$207k

Sector mix

  • Unclassified37.8%
  • Utilities30.5%
  • Energy24.2%
  • Basic Materials1.5%
  • Consumer Cyclical1.5%
  • Financial Services1.4%
  • Industrials1.4%
  • Technology1.2%
  • Healthcare0.2%
  • 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