WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-09-30, filed 2023-11-14

HITE Hedge Asset Management LLC disclosed 106 US equity positions worth $931.1m in its Q3 2023 13F filing. Its largest position is NFE at 9.9% of the reported book, followed by NI and POR. Versus Q2 2023 it opened 34 new positions, added to 24, reduced 31 and exited 16.

$931m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
106
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.
44.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
33
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 2023: 34 new, 24 added, 31 reduced, 16 exited

50 of 106
NFE NEW FORTRESS ENERGY INCEnergy9.9%$92.0m2.81m+26%added
NI NISOURCE INCUtilities4.9%$45.8m1.86m−6.8%reduced
POR PORTLAND GEN ELEC COUtilities4.7%$43.5m1.08m+25%added
EQT EQT CORPORATIONEnergy4.3%$40.2m989,413+53%added
XEL XCEL ENERGY INCUtilities4.3%$40.1m700,000–new
PBA PEMBINA PIPELINE CORPEnergy3.6%$33.8m1.12m+36%added
OVV OVINTIV INCEnergy3.4%$32.0m671,942–new
TRGP TARGA RES CORPEnergy3.3%$30.3m353,289−23%reduced
ETR ENTERGY CORP NEWUtilities2.9%$27.4m296,732−31%reduced
SO SOUTHERN COUtilities2.9%$26.7m412,388–new
EVRG EVERGY INCUtilities2.7%$25.5m503,421+842%added
MUR MURPHY OIL CORPEnergy2.5%$23.7m521,559+659%added
KGS KODIAK GAS SVCS INCEnergy2.5%$23.1m1.29m+18%added
FANG DIAMONDBACK ENERGY INCEnergy2.2%$20.4m131,784−40%reduced
CWEN CLEARWAY ENERGY INCUtilities2.1%$19.5m922,088+3.5%added
ERFGBP ENERPLUS CORP–1.9%$17.3m985,470–new
LNT ALLIANT ENERGY CORPUtilities1.8%$16.9m347,891+26%added
OLN OLIN CORPBasic Materials1.7%$15.4m307,437+198%added
NOG NORTHERN OIL & GAS INCEnergy1.5%$13.5m336,253−25%reduced
F FORD MTR COConsumer Cyclical1.4%$13.3m1.07m–new
NPWR NET POWER INC–1.4%$13.3m877,659+5.6%added
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical1.4%$13.1m57,101–new
NXPI NXP SEMICONDUCTORS N VTechnology1.3%$11.9m59,311+9.3%added
CMS CMS ENERGY CORPUtilities1.2%$11.5m217,024+70%added
SENSATA TECHNOLOGIES HLDG PL no ticker–1.2%$11.5m302,752+85%added
PNW PINNACLE WEST CAP CORPUtilities1.2%$11.3m152,943+69%added
MRO* MARATHON OIL CORP–1.0%$9.4m351,801−34%reduced
COP CONOCOPHILLIPSEnergy1.0%$9.3m77,213+40%added
VC VISTEON CORPConsumer Cyclical0.9%$8.7m62,900−14%reduced
RRC RANGE RES CORPEnergy0.9%$8.6m263,888−30%reduced
AEE AMEREN CORPUtilities0.9%$8.4m112,000−46%reduced
AESI ATLAS ENERGY SOLUTIONS INC–0.9%$8.1m365,865−71%reduced
TM TOYOTA MOTOR CORPConsumer Cyclical0.8%$7.9m43,945−68%reduced
ADNT ADIENT PLCConsumer Cyclical0.8%$7.9m214,972−7.2%reduced
CRK COMSTOCK RES INCEnergy0.8%$7.8m705,105+16%added
PHIN PHINIA INCConsumer Cyclical0.8%$7.7m287,837–new
ASH ASHLAND INCBasic Materials0.8%$7.5m91,959–new
CNP CENTERPOINT ENERGY INCUtilities0.8%$7.1m264,855−2.7%reduced
EXC EXELON CORPUtilities0.7%$6.7m178,146−80%reduced
PPL PPL CORPUtilities0.7%$6.7m284,833+25%added
PPG PPG INDS INCBasic Materials0.7%$6.1m46,776–new
APTV APTIV PLCConsumer Cyclical0.6%$5.9m60,224–new
AXALTA COATING SYS LTD no ticker–0.6%$5.9m219,736–new
PXDEUR PIONEER NAT RES CO–0.6%$5.4m23,587–new
DCH DAUCH CORPConsumer Cyclical0.6%$5.3m728,927−19%reduced
SAH SONIC AUTOMOTIVE INCConsumer Cyclical0.6%$5.3m110,217–new
NTR NUTRIEN LTDBasic Materials0.5%$4.8m77,202–new
NSC NORFOLK SOUTHERN CORPIndustrials0.5%$4.4m22,0930.0%held
MSFT MICROSOFT CORPTechnology0.5%$4.2m13,4120.0%held
PCG PG&E CORPUtilities0.4%$4.0m250,0000.0%held

Exited since Q2 2023

16 rows
SR SPIRE INC2.4%$20.5m
CVE Cenovus Energy Inc2.3%$19.5m
PDCEUSD PDC ENERGY INC1.2%$10.2m
TALO TALOS ENERGY INC1.0%$8.3m
AM ANTERO MIDSTREAM CORP0.8%$6.6m
MGY MAGNOLIA OIL & GAS CORP0.6%$5.6m
DTM DT MIDSTREAM INC0.6%$5.3m
PEG PUBLIC SVC ENTERPRISE GROUP0.6%$4.9m
RPM RPM INTL INC0.6%$4.8m
CF CF Industries Holdings Inc0.5%$4.4m
BWA BORGWARNER INC0.4%$3.4m
CTRA COTERRA ENERGY INC0.4%$3.1m
LEA LEAR CORP0.3%$2.5m
IFF INTERNATIONAL FLAVORS&FRAGRA0.2%$1.8m
FMC FMC CORP0.2%$1.8m
ALLY ALLY FINL INC0.2%$1.7m

Sector mix

  • Energy38.6%
  • Utilities33.7%
  • Consumer Cyclical10.6%
  • Unclassified9.7%
  • Basic Materials4.7%
  • Technology1.9%
  • Industrials0.8%
  • 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