WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q4 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-12-31, filed 2024-02-14

HITE Hedge Asset Management LLC disclosed 86 US equity positions worth $951.3m in its Q4 2023 13F filing. Its largest position is NI at 10.9% of the reported book, followed by ETR and NFE. Versus Q3 2023 it opened 19 new positions, added to 26, reduced 35 and exited 39.

$951m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
86
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.9%
Largest position
The largest single position as a share of the reported equity book.
51.9%
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 2023: 19 new, 26 added, 35 reduced, 39 exited

50 of 86
NI NISOURCE INCUtilities10.9%$104m3.92m+111%added
ETR ENTERGY CORP NEWUtilities7.9%$75.6m746,971+152%added
NFE NEW FORTRESS ENERGY INCEnergy6.3%$59.5m1.58m−44%reduced
DTM DT MIDSTREAM INCEnergy5.0%$47.5m866,094–new
TRGP TARGA RES CORPEnergy4.8%$45.7m526,592+49%added
CMS CMS ENERGY CORPUtilities4.7%$45.1m776,932+258%added
POR PORTLAND GEN ELEC COUtilities3.6%$34.6m798,638−26%reduced
PBA PEMBINA PIPELINE CORPEnergy3.4%$32.1m932,498−17%reduced
APTV APTIV PLCConsumer Cyclical2.8%$26.4m294,152+388%added
LNT ALLIANT ENERGY CORPUtilities2.5%$23.4m456,722+31%added
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical2.2%$21.1m93,791+64%added
EQT EQT CORPORATIONEnergy2.2%$20.9m540,044−45%reduced
ADNT ADIENT PLCConsumer Cyclical2.1%$20.2m555,590+158%added
KGS KODIAK GAS SVCS INCEnergy2.1%$19.8m985,503−24%reduced
AESI ATLAS ENERGY SOLUTIONS INCEnergy2.1%$19.6m1.14m+211%added
DD DUPONT DE NEMOURS INCBasic Materials1.9%$18.0m234,541+359%added
DTE DTE ENERGY COUtilities1.9%$17.9m162,249+302%added
BP BP PLCEnergy1.9%$17.7m499,797–new
SHLS SHOALS TECHNOLOGIES GROUP INTechnology1.7%$16.2m1.04m–new
PPL PPL CORPUtilities1.7%$16.0m590,260+107%added
MRO* MARATHON OIL CORP–1.7%$15.8m652,299+85%added
MGY MAGNOLIA OIL & GAS CORPEnergy1.6%$15.6m732,786–new
EXC EXELON CORPUtilities1.6%$15.0m418,637+135%added
PR PERMIAN RESOURCES CORPEnergy1.5%$14.7m1.08m+294%added
COP CONOCOPHILLIPSEnergy1.4%$13.5m116,711+51%added
CTRA COTERRA ENERGY INC–1.2%$11.5m450,028–new
FANG DIAMONDBACK ENERGY INCEnergy1.2%$11.4m73,787−44%reduced
NOG NORTHERN OIL & GAS INCEnergy1.0%$9.5m255,611−24%reduced
AEBA ALLETE INC–1.0%$9.4m154,277–new
CVE Cenovus Energy IncEnergy0.9%$8.7m521,866–new
ERFGBP ENERPLUS CORP–0.9%$8.7m566,626−43%reduced
XOP SPDR SERIES TRUST–0.9%$8.6m62,997+215%added
NESR NATIONAL ENERGY SERVICES REUEnergy0.9%$8.2m1.35m+125%added
CTVA CORTEVA INCBasic Materials0.9%$8.1m169,891+2577%added
XEL XCEL ENERGY INCUtilities0.8%$7.4m119,069−83%reduced
NPWR NET POWER INC–0.8%$7.3m721,804−18%reduced
GPRE GREEN PLAINS INCBasic Materials0.7%$6.3m250,489+158%added
PCG PG&E CORPUtilities0.6%$5.4m300,000+20%added
DOW DOW HLDGS INCBasic Materials0.5%$5.1m92,334–new
MSFT MICROSOFT CORPTechnology0.5%$4.8m12,742−5.0%reduced
GPOR GULFPORT ENERGY CORPEnergy0.5%$4.7m35,000–new
TALO TALOS ENERGY INCEnergy0.5%$4.4m311,968–new
SAH SONIC AUTOMOTIVE INCConsumer Cyclical0.4%$4.2m74,244−33%reduced
CPE* CALLON PETE CO DEL–0.4%$4.1m125,826–new
PBF PBF ENERGY INCEnergy0.4%$3.9m89,528–new
MUR MURPHY OIL CORPEnergy0.4%$3.7m87,214−83%reduced
TM TOYOTA MOTOR CORPConsumer Cyclical0.4%$3.7m20,231−54%reduced
OVV OVINTIV INCEnergy0.4%$3.6m80,967−88%reduced
OKLO OKLO INCUtilities0.3%$2.9m273,0660.0%held
VC VISTEON CORPConsumer Cyclical0.3%$2.8m22,697−64%reduced

Exited since Q3 2023

39 rows
CWEN CLEARWAY ENERGY INC2.1%$19.5m
OLN OLIN CORP1.7%$15.4m
NXPI NXP SEMICONDUCTORS N V1.3%$11.9m
RRC RANGE RES CORP0.9%$8.6m
AEE AMEREN CORP0.9%$8.4m
ASH ASHLAND INC0.8%$7.5m
PXDEUR PIONEER NAT RES CO0.6%$5.4m
FREYR BATTERY no ticker0.4%$3.9m
TSLA TESLA INC0.4%$3.9m
CHRD CHORD ENERGY CORPORATION0.4%$3.8m
SM SM ENERGY COMPANY0.4%$3.4m
RIVN RIVIAN AUTOMOTIVE INC0.3%$3.0m
DVN DEVON ENERGY CORP NEW0.3%$2.8m
MOS MOSAIC CO0.3%$2.4m
EVAUSD ENVIVA PARTNERS LP0.3%$2.4m
MGA MAGNA INTL INC0.3%$2.3m
CVX CHEVRON CORPORATION0.2%$2.2m
KMX CARMAX INC0.2%$2.0m
ROK ROCKWELL AUTOMATION INC0.2%$2.0m
ATLANTICA SUSTAINABLE INFR P no ticker0.2%$1.9m
AQN ALGONQUIN POWER & UTILITIES0.2%$1.6m
HMC HONDA MOTOR CO LTD0.1%$1.4m
LAC1EUR LITHIUM AMERS CORP NEW0.1%$1.3m
HOG HARLEY DAVIDSON INC0.1%$1.1m
NET POWER INC no ticker0.09%$880k
BEEM BEAM GLOBAL0.09%$805k
KMI KINDER MORGAN INC DEL0.08%$789k
FE FIRSTENERGY CORP0.08%$778k
ALV AUTOLIV INC0.07%$685k
CLNE CLEAN ENERGY FUELS CORP0.07%$653k
LEVGQCAD THE LION ELECTRIC COMPANY0.05%$445k
LRCX LAM RESEARCH CORP0.05%$423k
COST COSTCO WHOLESALE CORPORATION0.04%$379k
LUMINAR TECHNOLOGIES INC no ticker0.03%$316k
UNH UNITEDHEALTH GROUP INC0.03%$277k
POLESTAR AUTOMOTIVE HLDG UK no ticker0.03%$259k
CTAS CINTAS CORP0.02%$216k
AMZN AMAZON COM INC0.02%$203k
EMR Emerson Electric Inc.0.02%$203k

Sector mix

  • Energy38.6%
  • Utilities37.3%
  • Consumer Cyclical9.4%
  • Unclassified7.8%
  • Basic Materials4.5%
  • Technology2.3%
  • Industrials0.09%

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