WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

HITE Hedge Asset Management LLC disclosed 87 US equity positions worth $1.2bn in its Q3 2022 13F filing. Its largest position is ETR at 8.6% of the reported book, followed by NI and TRGP. Versus Q2 2022 it opened 26 new positions, added to 30, reduced 19 and exited 25.

$1.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
87
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.6%
Largest position
The largest single position as a share of the reported equity book.
52.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
26
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 2022: 26 new, 30 added, 19 reduced, 25 exited

50 of 87
ETR ENTERGY CORP NEWUtilities8.6%$102m1.01m+24%added
NI NISOURCE INCUtilities8.4%$99.3m3.94m+24%added
TRGP TARGA RES CORPEnergy7.1%$83.9m1.39m−7.4%reduced
OVV OVINTIV INCEnergy6.8%$81.0m1.76m−3.9%reduced
EXC EXELON CORPUtilities4.6%$54.4m1.45m+335%added
FANG DIAMONDBACK ENERGY INCEnergy4.4%$51.6m428,648+57%added
PDCEUSD PDC ENERGY INC–4.1%$48.6m840,491+122%added
POR PORTLAND GEN ELEC COUtilities3.2%$38.4m883,055+1.8%added
DTE DTE ENERGY COUtilities3.0%$35.3m306,781+142%added
SM SM ENERGY COMPANYEnergy2.9%$34.1m906,628+3.1%added
LFG1USD ARCHAEA ENERGY INC–2.6%$30.6m1.70m−5.1%reduced
WMB WILLIAMS COS INCEnergy2.4%$28.7m1.00m+492%added
CWEN CLEARWAY ENERGY INCUtilities2.4%$28.4m891,761+70%added
EQT EQT CORPORATIONEnergy2.1%$25.3m621,850+449%added
EVRG EVERGY INCUtilities2.1%$25.2m424,648+109%added
AEE AMEREN CORPUtilities2.0%$24.0m297,923+28%added
XEL XCEL ENERGY INCUtilities1.9%$22.8m355,583−7.3%reduced
FE FIRSTENERGY CORPUtilities1.7%$19.9m538,100+421%added
EXE EXPAND ENERGY CORPORATIONEnergy1.5%$18.4m194,962−8.4%reduced
CMS CMS ENERGY CORPUtilities1.5%$17.8m305,000–new
LNT ALLIANT ENERGY CORPUtilities1.4%$16.4m309,634+94%added
FREYR BATTERY no ticker–1.3%$16.0m1.12m+2.5%added
STEM STEM INCUtilities1.3%$15.6m1.17m−47%reduced
CNP CENTERPOINT ENERGY INCUtilities1.1%$13.3m473,059−52%reduced
PBA PEMBINA PIPELINE CORPEnergy1.1%$12.9m425,497+29%added
PXDEUR PIONEER NAT RES CO–1.0%$11.9m55,100–new
TRANSCANADA CORP no ticker–1.0%$11.5m286,251–new
NFE NEW FORTRESS ENERGY INCEnergy1.0%$11.4m261,206–new
PAGPEUR PLAINS GP HLDGS L P–1.0%$11.3m1.04m+62%added
RICE ACQUISITION CORP II no ticker–0.9%$11.1m1.12m+7.0%added
NOG1EUR NORTHERN OIL & GAS INC NEV–0.8%$9.8m359,129−58%reduced
CLNE CLEAN ENERGY FUELS CORPEnergy0.8%$9.8m1.84m–new
CNQ CANADIAN NAT RES LTD MED TEREnergy0.8%$9.3m200,194–new
CNX CNX RESOURCES CORPORATIONEnergy0.8%$9.2m590,083–new
OLN OLIN CORPBasic Materials0.7%$8.4m195,446−26%reduced
SWN1EUR SOUTHWESTERN ENERGY CO–0.6%$7.7m1.25m+32%added
LIN LINDE PLCBasic Materials0.6%$7.2m26,684–new
PEG PUBLIC SVC ENTERPRISE GROUPUtilities0.6%$7.1m125,536−7.5%reduced
ANTERO MIDSTREAM PARTNERS LP no ticker–0.6%$6.9m749,849+128%added
TPG PACE BENEFICIAL II CORP no ticker–0.5%$6.4m655,504−34%reduced
NTR NUTRIEN LTDBasic Materials0.5%$5.8m70,050–new
VC VISTEON CORPConsumer Cyclical0.5%$5.5m51,756–new
VLO VALERO ENERGY CORPEnergy0.5%$5.4m50,767−6.1%reduced
STLA STELLANTIS N.VConsumer Cyclical0.4%$4.9m411,312+26%added
SR SPIRE INCUtilities0.4%$4.2m67,3780.0%held
MOS MOSAIC COBasic Materials0.3%$4.0m82,006–new
RPM RPM INTL INCBasic Materials0.3%$3.9m46,814–new
PNW PINNACLE WEST CAP CORPUtilities0.3%$3.9m60,0000.0%held
EOG EOG Resources IncEnergy0.3%$3.8m34,321–new
LEA LEAR CORPConsumer Cyclical0.3%$3.6m30,406+192%added

Exited since Q2 2022

25 rows
COP CONOCOPHILLIPS4.8%$51.3m
CPE3EUR CALLON PETE CO DEL1.4%$14.8m
DIAMONDHEAD HOLDINGS CORP no ticker1.2%$12.3m
NEE NEXTERA ENERGY INC1.1%$12.1m
THE GROWTH FOR GOOD ACQU COR no ticker1.0%$10.8m
D DOMINION ENERGY INC1.0%$10.2m
NATURAL ORDER ACQUISITION CO no ticker0.9%$10.1m
CLEAN EARTH ACQUISITIONS COR no ticker0.7%$7.0m
GPRE GREEN PLAINS INC0.6%$6.6m
CHRD CHORD ENERGY CORPORATION0.6%$6.6m
CLIMATE REAL IMPACT SLUTINS no ticker0.4%$4.7m
BLACK MOUNTAIN ACQ CORP no ticker0.4%$4.0m
DK DELEK US HLDGS INC NEW0.3%$3.5m
SUSTAINABLE DEVELP ACQU I CO no ticker0.3%$3.4m
LEGATO MERGER CORP II no ticker0.3%$3.0m
DINO HF SINCLAIR CORP0.3%$3.0m
SOCIAL LEVERAGE ACQUISN CORP no ticker0.2%$2.5m
POWER & DIGITAL INFRASTRUCTU no ticker0.2%$2.5m
GROUP NINE ACQUISITION CORP no ticker0.2%$2.3m
LBRT LIBERTY ENERGY INC0.2%$1.6m
PUMP PROPETRO HLDG CORP0.1%$1.3m
JAWS MUSTANG ACQUISITION COR no ticker0.1%$1.2m
HAL HALLIBURTON CO0.1%$1.2m
VCLT VANGUARD SCOTTSDALE FDS0.10%$1.0m
ENERGY VAULT HOLDINGS INC no ticker0.02%$242k

Sector mix

  • Utilities44.4%
  • Energy33.5%
  • Unclassified16.3%
  • Basic Materials2.7%
  • Consumer Cyclical2.4%
  • Technology0.5%
  • Healthcare0.1%
  • Financial Services0.03%
  • Consumer Defensive0.03%

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