WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q4 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-12-31, filed 2023-02-14

HITE Hedge Asset Management LLC disclosed 81 US equity positions worth $1.2bn in its Q4 2022 13F filing. Its largest position is ETR at 9.9% of the reported book, followed by NI and DTE. Versus Q3 2022 it opened 17 new positions, added to 25, reduced 25 and exited 23.

$1.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
81
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.9%
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.
25
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 2022: 17 new, 25 added, 25 reduced, 23 exited

50 of 81
ETR ENTERGY CORP NEWUtilities9.9%$120m1.07m+6.1%added
NI NISOURCE INCUtilities9.1%$110m4.00m+1.6%added
DTE DTE ENERGY COUtilities7.2%$87.2m742,036+142%added
OVV OVINTIV INCEnergy5.4%$65.8m1.30m−26%reduced
TRGP TARGA RES CORPEnergy5.0%$60.0m815,812−41%reduced
FANG DIAMONDBACK ENERGY INCEnergy4.6%$55.5m405,937−5.3%reduced
POR PORTLAND GEN ELEC COUtilities3.2%$38.7m789,038−11%reduced
EXC EXELON CORPUtilities3.1%$37.4m864,823−40%reduced
CWEN CLEARWAY ENERGY INCUtilities2.9%$34.9m1.09m+23%added
EVRG EVERGY INCUtilities2.6%$31.2m495,903+17%added
PBA PEMBINA PIPELINE CORPEnergy2.4%$29.6m872,293+105%added
AEE AMEREN CORPUtilities2.4%$28.7m322,223+8.2%added
CMS CMS ENERGY CORPUtilities2.1%$25.4m401,678+32%added
FE FIRSTENERGY CORPUtilities2.0%$24.6m587,729+9.2%added
PPL PPL CORPUtilities2.0%$24.3m830,000–new
NOG1EUR NORTHERN OIL & GAS INC NEV–2.0%$23.9m776,124+116%added
NFE NEW FORTRESS ENERGY INCEnergy1.9%$22.8m538,212+106%added
SWN1EUR SOUTHWESTERN ENERGY CO–1.9%$22.8m3.89m+211%added
XEL XCEL ENERGY INCUtilities1.8%$22.2m316,445−11%reduced
SM SM ENERGY COMPANYEnergy1.7%$21.1m605,558−33%reduced
CHRD CHORD ENERGY CORPORATIONEnergy1.4%$17.2m125,564–new
COP CONOCOPHILLIPSEnergy1.4%$16.5m139,558–new
EXE EXPAND ENERGY CORPORATIONEnergy1.3%$15.2m160,652−18%reduced
PDCEUSD PDC ENERGY INC–1.2%$14.1m221,751−74%reduced
STEM STEM INCUtilities1.1%$13.3m1.49m+27%added
OXY OCCIDENTAL PETE CORPEnergy1.1%$13.2m210,250–new
EQT EQT CORPORATIONEnergy1.1%$12.9m381,064−39%reduced
FREYR BATTERY no ticker–1.0%$12.4m1.42m+27%added
LIN LINDE PLCBasic Materials1.0%$11.7m35,973+35%added
STLA STELLANTIS N.VConsumer Cyclical0.9%$11.4m805,983+96%added
PEG PUBLIC SVC ENTERPRISE GROUPUtilities0.9%$10.8m175,536+40%added
RICE ACQUISITION CORP II no ticker–0.9%$10.7m1.06m−5.9%reduced
CIVI CIVITAS RESOURCES INC–0.8%$9.9m171,607–new
DVN DEVON ENERGY CORP NEWEnergy0.8%$9.9m160,636–new
CLNE CLEAN ENERGY FUELS CORPEnergy0.8%$9.8m1.89m+2.9%added
CNP CENTERPOINT ENERGY INCUtilities0.7%$9.0m300,059−37%reduced
MUR MURPHY OIL CORPEnergy0.7%$8.9m207,756–new
TRANSCANADA CORP no ticker–0.7%$8.0m200,859−30%reduced
OLN OLIN CORPBasic Materials0.7%$8.0m150,934−23%reduced
VC VISTEON CORPConsumer Cyclical0.6%$7.3m55,491+7.2%added
MTDR MATADOR RES COEnergy0.5%$6.6m114,944–new
LEA LEAR CORPConsumer Cyclical0.5%$6.4m51,559+70%added
ALV AUTOLIV INCConsumer Cyclical0.5%$5.8m75,165+56%added
TPG PACE BENEFICIAL II CORP no ticker–0.5%$5.7m584,955−11%reduced
PAGPEUR PLAINS GP HLDGS L P–0.5%$5.4m438,102−58%reduced
SR SPIRE INCUtilities0.4%$4.9m70,978+5.3%added
RPM RPM INTL INCBasic Materials0.4%$4.6m46,8140.0%held
CVE Cenovus Energy IncEnergy0.4%$4.3m221,889–new
TM TOYOTA MOTOR CORPConsumer Cyclical0.3%$4.1m30,315+23%added
NESR NATIONAL ENERGY SERVICES REUEnergy0.3%$4.0m580,689+1.0%added

Exited since Q3 2022

23 rows
LFG1USD ARCHAEA ENERGY INC2.6%$30.6m
WMB WILLIAMS COS INC2.4%$28.7m
PXDEUR PIONEER NAT RES CO1.0%$11.9m
CNX CNX RESOURCES CORPORATION0.8%$9.2m
ANTERO MIDSTREAM PARTNERS LP no ticker0.6%$6.9m
NTR NUTRIEN LTD0.5%$5.8m
VLO VALERO ENERGY CORP0.5%$5.4m
MOS MOSAIC CO0.3%$4.0m
EOG EOG Resources Inc0.3%$3.8m
TALO TALOS ENERGY INC0.3%$3.5m
APTV APTIV PLC0.2%$2.8m
FORTISTAR SUSTAINABLE SOL CO no ticker0.2%$2.5m
ETRNUSD EQUITRANS MIDSTREAM CORP0.2%$2.5m
BENSON HILL INC no ticker0.2%$2.3m
AMPSUSD ALTUS POWER INC0.2%$2.2m
NIO NIO INC0.1%$1.7m
PBF PBF ENERGY INC0.09%$1.1m
AEBA ALLETE INC0.09%$1.0m
ERFGBP ENERPLUS CORP0.08%$957k
OII OCEANEERING INTL INC0.08%$940k
SWVL HOLDINGS CORP no ticker0.07%$772k
NBR NABORS INDUSTRIES LTD0.05%$544k
NRGV ENERGY VAULT HOLDINGS INC0.02%$214k

Sector mix

  • Utilities52.0%
  • Energy31.4%
  • Unclassified10.0%
  • Consumer Cyclical3.2%
  • Basic Materials2.4%
  • Technology0.6%
  • Industrials0.3%
  • Healthcare0.1%
  • Financial Services0.04%
  • 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