Hite Hedge Asset Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Hite Hedge Asset Management disclosed 85 US equity positions worth $1.0bn in its Q1 2024 13F filing. The largest position was NFE at 7.7% of the reported book, followed by CMS and GPOR. Against the Q4 2023 filing, it opened 10 new positions, added to 24 and reduced 14 among the top 50 holdings.
What did Hite Hedge Asset Management own in Q1 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | NFE NEW FORTRESS ENERGY INC | Energy | 7.7% | $78.7m | 2,572,508 | 63% | added |
| 2 | CMS CMS ENERGY CORP | Utilities | 6.7% | $68.0m | 1,127,711 | 45% | added |
| 3 | GPOR GULFPORT ENERGY CORP | Energy | 6.0% | $60.5m | 378,123 | 980% | added |
| 4 | ENERPLUS CORP | 5.9% | $60.0m | 2,140,783 | 278% | added | |
| 5 | POR PORTLAND GEN ELEC CO | Utilities | 5.7% | $58.3m | 1,387,177 | 74% | added |
| 6 | ETR ENTERGY CORP NEW | Utilities | 4.9% | $49.3m | 466,945 | -37% | reduced |
| 7 | NI NISOURCE INC | Utilities | 4.5% | $45.6m | 1,647,229 | -58% | reduced |
| 8 | DTE DTE ENERGY CO | Utilities | 4.2% | $42.8m | 381,519 | 135% | added |
| 9 | BP BP PLC | Energy | 3.8% | $38.6m | 1,024,559 | 105% | added |
| 10 | TRGP TARGA RES CORP | Energy | 2.8% | $28.9m | 258,432 | -51% | reduced |
| 11 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 2.7% | $27.6m | 117,136 | 25% | added |
| 12 | LNT ALLIANT ENERGY CORP | Utilities | 2.4% | $23.9m | 475,183 | 4% | added |
| 13 | EQT EQT CORP | Energy | 2.2% | $22.8m | 615,673 | 14% | added |
| 14 | OLN OLIN CORP | Basic Materials | 2.2% | $22.7m | 386,182 | – | new |
| 15 | EVRG EVERGY INC | Utilities | 2.2% | $22.1m | 414,105 | 944% | added |
| 16 | OVV OVINTIV INC | Energy | 2.1% | $21.6m | 416,481 | 414% | added |
| 17 | COP CONOCOPHILLIPS | Energy | 2.0% | $20.5m | 161,432 | 38% | added |
| 18 | TALO TALOS ENERGY INC | Energy | 2.0% | $19.9m | 1,430,184 | 358% | added |
| 19 | EXC EXELON CORP | Utilities | 1.8% | $18.7m | 497,376 | 19% | added |
| 20 | CVE CENOVUS ENERGY INC | Energy | 1.8% | $18.2m | 909,094 | 74% | added |
| 21 | AM ANTERO MIDSTREAM CORP | Energy | 1.7% | $17.3m | 1,229,386 | – | new |
| 22 | MUR MURPHY OIL CORP | Energy | 1.3% | $13.6m | 297,792 | 241% | added |
| 23 | AEBA ALLETE INC | 1.3% | $12.9m | 215,722 | 40% | added | |
| 24 | KGS KODIAK GAS SVCS INC | Energy | 1.2% | $12.2m | 446,514 | -55% | reduced |
| 25 | DINO HF SINCLAIR CORP | Energy | 1.2% | $11.7m | 194,369 | – | new |
| 26 | XEL XCEL ENERGY INC | Utilities | 1.1% | $11.6m | 215,290 | 81% | added |
| 27 | ADNT ADIENT PLC | Consumer Cyclical | 0.7% | $7.5m | 227,599 | -59% | reduced |
| 28 | CTRA COTERRA ENERGY INC | 0.7% | $7.3m | 261,793 | -42% | reduced | |
| 29 | PPL PPL CORP | Utilities | 0.7% | $7.1m | 259,337 | -56% | reduced |
| 30 | STEM STEM INC | Utilities | 0.7% | $6.7m | 3,065,363 | 797% | added |
| 31 | SAH SONIC AUTOMOTIVE INC | Consumer Cyclical | 0.6% | $6.6m | 115,941 | 56% | added |
| 32 | XOP SPDR SER TR | 0.6% | $6.1m | 39,117 | -38% | reduced | |
| 33 | ARRY ARRAY TECHNOLOGIES INC | Technology | 0.6% | $6.0m | 400,760 | – | new |
| 34 | AESI ATLAS ENERGY SOLUTIONS INC | 0.6% | $5.9m | 260,494 | -77% | reduced | |
| 35 | CTVA CORTEVA INC | Basic Materials | 0.6% | $5.8m | 100,000 | -41% | reduced |
| 36 | PBA PEMBINA PIPELINE CORP | Energy | 0.6% | $5.8m | 163,134 | -83% | reduced |
| 37 | GLNG GOLAR LNG LTD | Energy | 0.5% | $5.4m | 226,219 | – | new |
| 38 | CARR CARRIER GLOBAL CORPORATION | Industrials | 0.5% | $5.4m | 92,473 | – | new |
| 39 | MSFT MICROSOFT CORP | Technology | 0.5% | $5.4m | 12,742 | 0% | held |
| 40 | AEE AMEREN CORP | Utilities | 0.5% | $5.3m | 71,305 | – | new |
| 41 | PCG PG&E CORP | Utilities | 0.5% | $5.0m | 300,000 | 0% | held |
| 42 | NATIONAL ENERGY SERVICES REU | 0.5% | $4.7m | 591,473 | -56% | reduced | |
| 43 | NET POWER INC | 0.4% | $4.3m | 377,637 | -48% | reduced | |
| 44 | PPG PPG INDS INC | Basic Materials | 0.4% | $4.3m | 29,349 | 432% | added |
| 45 | DAN DANA INC | Consumer Cyclical | 0.4% | $4.3m | 334,850 | 1216% | added |
| 46 | PNW PINNACLE WEST CAP CORP | Utilities | 0.4% | $4.1m | 55,524 | 189% | added |
| 47 | FLNC FLUENCE ENERGY INC | Utilities | 0.4% | $4.1m | 236,342 | – | new |
| 48 | ALTUS POWER INC | 0.4% | $4.1m | 847,839 | – | new | |
| 49 | MRO* MARATHON OIL CORP | 0.4% | $3.8m | 134,232 | -79% | reduced | |
| 50 | FDX FEDEX CORP | Industrials | 0.3% | $3.5m | 12,000 | – | 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.