WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q1 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-03-31, filed 2022-05-16

HITE Hedge Asset Management LLC disclosed 142 US equity positions worth $1.0bn in its Q1 2022 13F filing. Its largest position is NI at 8.2% of the reported book, followed by TRGP and ETR. Versus Q4 2021 it opened 41 new positions, added to 27, reduced 38 and exited 52.

$1.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
142
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.2%
Largest position
The largest single position as a share of the reported equity book.
48.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
31
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 2021: 41 new, 27 added, 38 reduced, 52 exited

50 of 142
NI NISOURCE INCUtilities8.2%$84.6m2.66m+34%added
TRGP TARGA RES CORPEnergy7.8%$80.9m1.07m−1.6%reduced
ETR ENTERGY CORP NEWUtilities7.0%$72.2m618,240+65%added
FANG DIAMONDBACK ENERGY INCEnergy4.9%$50.2m366,481+359%added
OVV OVINTIV INCEnergy4.6%$47.8m883,555+3.7%added
COP CONOCOPHILLIPSEnergy3.9%$39.8m398,262+324%added
LFG1USD ARCHAEA ENERGY INC–3.4%$34.6m1.58m−28%reduced
XEL XCEL ENERGY INCUtilities3.3%$33.9m469,063+38%added
POR PORTLAND GEN ELEC COUtilities2.9%$30.3m549,207+15%added
EVRG EVERGY INCUtilities2.4%$24.4m357,217+16%added
ERFGBP ENERPLUS CORP–2.2%$23.0m1.82m–new
CNP CENTERPOINT ENERGY INCUtilities2.1%$21.2m692,265+581%added
AEE AMEREN CORPUtilities1.9%$19.1m203,764+57%added
CWEN CLEARWAY ENERGY INCUtilities1.7%$17.3m473,621+73%added
PEG PUBLIC SVC ENTERPRISE GROUPUtilities1.6%$16.4m233,948−6.4%reduced
GPRE GREEN PLAINS INCBasic Materials1.6%$16.2m522,752+1729%added
SM SM ENERGY COMPANYEnergy1.5%$15.4m396,359+41%added
AR ANTERO RESOURCES CORPEnergy1.5%$15.3m500,060+3.8%added
FE FIRSTENERGY CORPUtilities1.4%$14.1m306,375−20%reduced
KNTK KINETIK HOLDINGS INCEnergy1.3%$13.2m202,289–new
STEM STEM INCUtilities1.2%$12.6m1.14m+63%added
FREYR BATTERY no ticker–1.2%$12.5m1.02m+99%added
DIAMONDHEAD HOLDINGS CORP no ticker–1.2%$12.3m1.26m0.0%held
OLN OLIN CORPBasic Materials1.1%$11.3m215,949–new
BP BP PLCEnergy1.1%$11.2m379,612–new
TLT ISHARES TR–1.1%$11.1m84,230+47%added
THE GROWTH FOR GOOD ACQU COR no ticker–1.0%$10.7m1.10m–new
RICE ACQUISITION CORP II no ticker–1.0%$10.3m1.05m0.0%held
NATURAL ORDER ACQUISITION CO no ticker–1.0%$10.0m1.02m0.0%held
TPG PACE BENEFICIAL II CORP no ticker–1.0%$9.8m1.00m0.0%held
FIRST RESERVE SUSTAINABLE GW no ticker–0.9%$9.7m992,8640.0%held
EXE EXPAND ENERGY CORPORATIONEnergy0.9%$9.3m106,858+588%added
FORTISTAR SUSTAINABLE SOL CO no ticker–0.8%$7.8m795,7350.0%held
NOG1EUR NORTHERN OIL & GAS INC NEV–0.7%$7.5m266,308−23%reduced
EXC EXELON CORPUtilities0.7%$7.3m153,598–new
ENB ENBRIDGE INCEnergy0.7%$7.2m155,924–new
CLEAN EARTH ACQUISITIONS COR no ticker–0.7%$7.0m700,000–new
MRO* MARATHON OIL CORP–0.6%$5.8m229,671−78%reduced
STLA STELLANTIS N.VConsumer Cyclical0.6%$5.7m352,465–new
EXMOC EXXON MOBIL CORP–0.5%$5.6m67,814–new
ASTL ALGOMA STL GROUP INCBasic Materials0.5%$5.4m482,606−3.5%reduced
ARCH1USD ARCH RESOURCES INC–0.5%$5.3m38,6190.0%held
PDCEUSD PDC ENERGY INC–0.5%$5.2m71,667−49%reduced
LNT ALLIANT ENERGY CORPUtilities0.5%$4.8m77,406−27%reduced
VIPER ENERGY PARTNERS LP no ticker–0.5%$4.8m161,147−50%reduced
SR SPIRE INCUtilities0.5%$4.7m66,173–new
CLIMATE REAL IMPACT SLUTINS no ticker–0.5%$4.7m481,0680.0%held
NESR NATIONAL ENERGY SERVICES REUEnergy0.4%$4.6m541,846+155%added
ARISUSD ARIS WATER SOLUTIONS INC–0.4%$4.3m233,685−73%reduced
MSFT MICROSOFT CORPTechnology0.4%$4.1m13,412+33%added

Exited since Q4 2021

52 rows
WMB WILLIAMS COS INC2.0%$17.3m
OXY OCCIDENTAL PETE CORP2.0%$17.2m
VLO VALERO ENERGY CORP1.7%$15.1m
D DOMINION ENERGY INC1.4%$11.8m
PXDEUR PIONEER NAT RES CO1.3%$11.4m
THE GROWTH FOR GOOD ACQU COR no ticker1.3%$11.0m
JNK SPDR SERIES TRUST0.9%$7.9m
CVI CVR ENERGY INC0.9%$7.6m
DCRN DECARBONIZATION PLUS ACQU II0.7%$6.5m
NWE NORTHWESTERN ENERGY GROUP IN0.7%$6.5m
AEBA ALLETE INC0.7%$5.7m
HYG ISHARES TR0.6%$5.4m
NOVUS CAPITAL CORPORATION II no ticker0.5%$4.0m
TXNM TXNM ENERGY INC0.4%$3.4m
TTEN TOTAL S.A.0.4%$3.4m
ECP ENVIRONMENTAL GW OPT COR no ticker0.4%$3.1m
2676403D NEXTIER OILFIELD SOLUTIONS0.3%$3.0m
TS TENARIS S A0.3%$2.9m
POWER & DIGITAL INFRASTRUCTU no ticker0.3%$2.5m
RATTLER MIDSTREAM LP no ticker0.3%$2.5m
SLB SLB LIMITED0.2%$2.2m
R RYDER SYS INC0.2%$2.1m
AGO ASSURED GUARANTY LTD0.2%$2.1m
JCI JOHNSON CONTROLS INTERNATION0.2%$1.8m
VMC VULCAN MATLS CO0.2%$1.8m
IOSP INNOSPEC INC0.2%$1.5m
APY1EUR CHAMPIONX CORPORATION0.2%$1.4m
9HI HILLENBRAND INC0.2%$1.4m
SPY SPDR S&P 500 ETF Trust0.1%$1.2m
OSK OSHKOSH CORP0.1%$1.2m
TMHC* TAYLOR MORRISON HOME CORP0.1%$1.2m
AIN ALBANY INTL CORP0.1%$1.1m
INN SUMMIT HOTEL PPTYS0.1%$1.1m
ARMK ARAMARK0.1%$1.1m
RRGB RED ROBIN GOURMET BURGERS IN0.1%$991k
MLKN MILLERKNOLL INC0.08%$664k
SEDG SOLAREDGE TECHNOLOGIES INC0.07%$635k
XLU SELECT SECTOR SPDR TR0.07%$630k
CAKE CHEESECAKE FACTORY INC0.07%$589k
EDIT EDITAS MEDICINE INC0.06%$559k
HY HYSTER-YALE INC0.05%$471k
ABM ABM INDS INC0.05%$450k
LPI1EUR LAREDO PETROLEUM INC0.05%$409k
CDE COEUR MNG INC0.05%$398k
RICE ACQUISITION CORP II no ticker0.05%$393k
CDR1USD CEDAR REALTY TRUST INC0.04%$388k
SUNLIGHT FINANCIAL HOLDINGS no ticker0.03%$284k
PEB PEBBLEBROOK HOTEL TR0.03%$268k
ANZU SPECIAL ACQUISITIN CORP no ticker0.03%$242k
RUBYUSD RUBIUS THERAPEUTICS INC0.03%$241k

Sector mix

  • Utilities35.4%
  • Energy30.5%
  • Unclassified25.1%
  • Basic Materials4.0%
  • Consumer Cyclical1.6%
  • Financial Services1.1%
  • Technology0.9%
  • Industrials0.7%
  • Consumer Defensive0.3%
  • Real Estate0.1%
  • Healthcare0.1%
  • Communication 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