WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q2 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-06-30, filed 2023-08-11

HITE Hedge Asset Management LLC disclosed 88 US equity positions worth $865.6m in its Q2 2023 13F filing. Its largest position is NFE at 6.9% of the reported book, followed by NI and ETR. Versus Q1 2023 it opened 21 new positions, added to 23, reduced 34 and exited 28.

$866m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
88
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.9%
Largest position
The largest single position as a share of the reported equity book.
43.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
35
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 Q1 2023: 21 new, 23 added, 34 reduced, 28 exited

50 of 88
NFE NEW FORTRESS ENERGY INCEnergy6.9%$59.4m2.22m−6.6%reduced
NI NISOURCE INCUtilities6.3%$54.5m1.99m−36%reduced
ETR ENTERGY CORP NEWUtilities4.9%$42.1m432,804−45%reduced
POR PORTLAND GEN ELEC COUtilities4.6%$40.2m857,653+5.5%added
EXC EXELON CORPUtilities4.1%$35.4m869,790+2.8%added
TRGP TARGA RES CORPEnergy4.1%$35.1m461,058−53%reduced
FANG DIAMONDBACK ENERGY INCEnergy3.3%$28.7m218,303−4.9%reduced
PR PERMIAN RESOURCES CORPEnergy3.2%$27.6m2.51m+576%added
EQT EQT CORPORATIONEnergy3.1%$26.7m648,182−8.4%reduced
PBA PEMBINA PIPELINE CORPEnergy3.0%$26.0m826,165−41%reduced
CWEN CLEARWAY ENERGY INCUtilities2.9%$25.4m890,899−25%reduced
TM TOYOTA MOTOR CORPConsumer Cyclical2.5%$21.9m136,071+261%added
AESI ATLAS ENERGY SOLUTIONS INC–2.5%$21.5m1.24m+3.4%added
SR SPIRE INCUtilities2.4%$20.5m322,782+424%added
CVE Cenovus Energy IncEnergy2.3%$19.5m1.15m−37%reduced
KGS KODIAK GAS SVCS INCEnergy2.1%$17.9m1.10m–new
AEE AMEREN CORPUtilities2.0%$17.1m208,945−23%reduced
DTE DTE ENERGY COUtilities2.0%$17.1m155,092−76%reduced
NOG NORTHERN OIL & GAS INCEnergy1.8%$15.4m448,639−58%reduced
LNT ALLIANT ENERGY CORPUtilities1.7%$14.5m275,718−59%reduced
GM General Motors CorpConsumer Cyclical1.7%$14.4m374,552+52%added
MRO* MARATHON OIL CORP–1.4%$12.4m537,035–new
SM SM ENERGY COMPANYEnergy1.4%$11.8m373,458+37%added
NXPI NXP SEMICONDUCTORS N VTechnology1.3%$11.1m54,263+29%added
RRC RANGE RES CORPEnergy1.3%$11.1m376,570−54%reduced
NPWR NET POWER INC–1.2%$10.8m830,913–new
VC VISTEON CORPConsumer Cyclical1.2%$10.5m73,017+52%added
PDCEUSD PDC ENERGY INC–1.2%$10.2m143,400−75%reduced
ADNT ADIENT PLCConsumer Cyclical1.0%$8.9m231,699–new
TALO TALOS ENERGY INCEnergy1.0%$8.3m598,967+53%added
CNP CENTERPOINT ENERGY INCUtilities0.9%$7.9m272,090−60%reduced
CMS CMS ENERGY CORPUtilities0.9%$7.5m127,784−14%reduced
DCH DAUCH CORPConsumer Cyclical0.9%$7.5m904,702+19%added
SENSATA TECHNOLOGIES HLDG PL no ticker–0.9%$7.4m163,981+930%added
PNW PINNACLE WEST CAP CORPUtilities0.9%$7.4m90,345+78%added
CRK COMSTOCK RES INCEnergy0.8%$7.0m606,836–new
AM ANTERO MIDSTREAM CORPEnergy0.8%$6.6m567,279−32%reduced
CSX CSX CORPIndustrials0.7%$6.4m188,620+49%added
PPL PPL CORPUtilities0.7%$6.0m228,535−78%reduced
COP CONOCOPHILLIPSEnergy0.7%$5.7m55,287−88%reduced
MGY MAGNOLIA OIL & GAS CORPEnergy0.6%$5.6m268,502–new
STEM STEM INCUtilities0.6%$5.4m940,775+2.1%added
DTM DT MIDSTREAM INCEnergy0.6%$5.3m107,880–new
OLN OLIN CORPBasic Materials0.6%$5.3m103,133−4.1%reduced
NSC NORFOLK SOUTHERN CORPIndustrials0.6%$5.0m22,093−39%reduced
PEG PUBLIC SVC ENTERPRISE GROUPUtilities0.6%$4.9m77,872−55%reduced
RPM RPM INTL INCBasic Materials0.6%$4.8m53,807+32%added
TSLA TESLA INCConsumer Cyclical0.6%$4.8m18,292–new
DD DUPONT DE NEMOURS INCBasic Materials0.5%$4.6m65,077–new
MSFT MICROSOFT CORPTechnology0.5%$4.6m13,4120.0%held

Exited since Q1 2023

28 rows
XEL XCEL ENERGY INC2.0%$27.2m
OVV OVINTIV INC2.0%$26.5m
WMB WILLIAMS COS INC1.0%$13.5m
RICE ACQUISITION CORP II no ticker0.8%$10.5m
CNX CNX RESOURCES CORPORATION0.7%$10.0m
DOW DOW HLDGS INC0.6%$7.8m
FDX FEDEX CORP0.5%$6.9m
DINO HF SINCLAIR CORP0.5%$6.5m
STLA STELLANTIS N.V0.5%$6.2m
TPG PACE BENEFICIAL II CORP no ticker0.4%$5.8m
NEE NEXTERA ENERGY INC0.4%$5.8m
SEDG SOLAREDGE TECHNOLOGIES INC0.4%$5.5m
ENPH ENPHASE ENERGY INC0.4%$5.3m
LIN LINDE PLC0.3%$4.7m
PAGPEUR PLAINS GP HLDGS L P0.3%$4.0m
CHRD CHORD ENERGY CORPORATION0.3%$3.7m
AXALTA COATING SYS LTD no ticker0.3%$3.7m
APTV APTIV PLC0.2%$3.1m
SWN1EUR SOUTHWESTERN ENERGY CO0.2%$2.5m
UNP UNION PACIFIC CORP0.2%$2.0m
NTR NUTRIEN LTD0.1%$2.0m
BE BLOOM ENERGY CORP0.1%$1.8m
DAR DARLING INGREDIENTS INC0.1%$1.8m
SPAQUSD FISKER INC0.05%$643k
FE FIRSTENERGY CORP0.05%$628k
POLESTAR AUTOMOTIVE HLDG UK no ticker0.04%$557k
LICYUSD LI-CYCLE HOLDINGS CORP0.03%$438k
RICE ACQUISITION CORP II no ticker0.02%$241k

Sector mix

  • Energy37.6%
  • Utilities36.4%
  • Consumer Cyclical9.7%
  • Unclassified9.5%
  • Basic Materials3.1%
  • Technology1.9%
  • Industrials1.6%
  • Financial Services0.2%
  • Consumer Defensive0.04%
  • Healthcare0.03%

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