Hite Hedge Asset Management 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Hite Hedge Asset Management disclosed 95 US equity positions worth $1.3bn in its Q1 2023 13F filing. The largest position was NI at 6.5% of the reported book, followed by ETR and DTE. Against the Q4 2022 filing, it opened 15 new positions, added to 18 and reduced 16 among the top 50 holdings.
What did Hite Hedge Asset Management own in Q1 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | NI NISOURCE INC | Utilities | 6.5% | $86.5m | 3,093,856 | -23% | reduced |
| 2 | ETR ENTERGY CORP NEW | Utilities | 6.3% | $84.1m | 780,898 | -27% | reduced |
| 3 | DTE DTE ENERGY CO | Utilities | 5.4% | $72.2m | 659,213 | -11% | reduced |
| 4 | TRGP TARGA RES CORP | Energy | 5.3% | $71.4m | 978,374 | 20% | added |
| 5 | NFE NEW FORTRESS ENERGY INC | Energy | 5.2% | $69.9m | 2,374,073 | 341% | added |
| 6 | COP CONOCOPHILLIPS | Energy | 3.5% | $46.7m | 470,731 | 237% | added |
| 7 | PBA PEMBINA PIPELINE CORP | Energy | 3.4% | $45.6m | 1,406,869 | 61% | added |
| 8 | MUR MURPHY OIL CORP | Energy | 3.4% | $45.2m | 1,221,341 | 488% | added |
| 9 | POR PORTLAND GEN ELEC CO | Utilities | 3.0% | $39.7m | 812,571 | 3% | added |
| 10 | CWEN CLEARWAY ENERGY INC | Utilities | 2.8% | $37.4m | 1,193,507 | 9% | added |
| 11 | PDC ENERGY INC | 2.8% | $37.1m | 577,779 | 161% | added | |
| 12 | LNT ALLIANT ENERGY CORP | Utilities | 2.7% | $35.6m | 667,480 | 2181% | added |
| 13 | EXC EXELON CORP | Utilities | 2.7% | $35.5m | 846,480 | -2% | reduced |
| 14 | NOG NORTHERN OIL AND GAS INC MN | Energy | 2.4% | $32.7m | 1,076,999 | – | new |
| 15 | CVE CENOVUS ENERGY INC | Energy | 2.4% | $31.8m | 1,820,154 | 720% | added |
| 16 | FANG DIAMONDBACK ENERGY INC | Energy | 2.3% | $31.0m | 229,476 | -43% | reduced |
| 17 | PPL PPL CORP | Utilities | 2.1% | $28.5m | 1,025,529 | 24% | added |
| 18 | EVRG EVERGY INC | Utilities | 2.1% | $27.5m | 449,301 | -9% | reduced |
| 19 | XEL XCEL ENERGY INC | Utilities | 2.0% | $27.2m | 403,812 | 28% | added |
| 20 | OVV OVINTIV INC | Energy | 2.0% | $26.5m | 734,646 | -43% | reduced |
| 21 | AEE AMEREN CORP | Utilities | 1.8% | $23.5m | 271,591 | -16% | reduced |
| 22 | EQT EQT CORP | Energy | 1.7% | $22.6m | 707,307 | 86% | added |
| 23 | RRC RANGE RES CORP | Energy | 1.6% | $21.5m | 811,962 | – | new |
| 24 | AESI ATLAS ENERGY SOLUTIONS INC | 1.5% | $20.4m | 1,200,000 | – | new | |
| 25 | CNP CENTERPOINT ENERGY INC | Utilities | 1.5% | $20.1m | 681,289 | 127% | added |
| 26 | WMB WILLIAMS COS INC | Energy | 1.0% | $13.5m | 451,199 | – | new |
| 27 | LEA LEAR CORP | Consumer Cyclical | 1.0% | $13.4m | 95,844 | 86% | added |
| 28 | PEG PUBLIC SVC ENTERPRISE GRP IN | Utilities | 0.8% | $10.9m | 174,039 | -1% | reduced |
| 29 | RICE ACQUISITION CORP II | 0.8% | $10.5m | 1,028,383 | -3% | reduced | |
| 30 | CNX CNX RES CORP | Energy | 0.7% | $10.0m | 621,545 | – | new |
| 31 | CMS CMS ENERGY CORP | Utilities | 0.7% | $9.2m | 149,255 | -63% | reduced |
| 32 | GM GENERAL MTRS CO | Consumer Cyclical | 0.7% | $9.0m | 246,684 | – | new |
| 33 | AM ANTERO MIDSTREAM CORP | Energy | 0.7% | $8.7m | 831,615 | – | new |
| 34 | DOW DOW INC | Basic Materials | 0.6% | $7.8m | 143,079 | – | new |
| 35 | NXPI NXP SEMICONDUCTORS N V | Technology | 0.6% | $7.8m | 41,985 | 174% | added |
| 36 | SM SM ENERGY CO | Energy | 0.6% | $7.7m | 272,964 | -55% | reduced |
| 37 | NSC NORFOLK SOUTHN CORP | Industrials | 0.6% | $7.7m | 36,220 | – | new |
| 38 | VC VISTEON CORP | Consumer Cyclical | 0.6% | $7.5m | 47,952 | -14% | reduced |
| 39 | CF CF INDS HLDGS INC | Basic Materials | 0.6% | $7.5m | 102,937 | – | new |
| 40 | ALV AUTOLIV INC | Consumer Cyclical | 0.6% | $7.4m | 79,571 | 6% | added |
| 41 | DAN DANA INC | Consumer Cyclical | 0.5% | $7.2m | 475,276 | – | new |
| 42 | FDX FEDEX CORP | Industrials | 0.5% | $6.9m | 30,000 | – | new |
| 43 | DINO HF SINCLAIR CORP | Energy | 0.5% | $6.5m | 134,985 | – | new |
| 44 | STLA STELLANTIS N.V | Consumer Cyclical | 0.5% | $6.2m | 338,332 | -58% | reduced |
| 45 | FREYR BATTERY | 0.5% | $6.1m | 686,862 | -52% | reduced | |
| 46 | OLN OLIN CORP | Basic Materials | 0.4% | $6.0m | 107,513 | -29% | reduced |
| 47 | DCH AMERICAN AXLE & MFG HLDGS IN | Consumer Cyclical | 0.4% | $5.9m | 760,467 | 230% | added |
| 48 | MGA MAGNA INTL INC | Consumer Cyclical | 0.4% | $5.9m | 110,486 | – | new |
| 49 | TPG PACE BENEFICIAL II CORP | 0.4% | $5.8m | 584,955 | 0% | held | |
| 50 | NEE NEXTERA ENERGY INC | Utilities | 0.4% | $5.8m | 75,600 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.