WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q2 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-06-30, filed 2024-08-14

HITE Hedge Asset Management LLC disclosed 96 US equity positions worth $1.0bn in its Q2 2024 13F filing. Its largest position is NFE at 6.9% of the reported book, followed by POR and GPOR. Versus Q1 2024 it opened 35 new positions, added to 26, reduced 27 and exited 24.

$1.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
96
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.
48.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
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 2024: 35 new, 26 added, 27 reduced, 24 exited

50 of 96
NFE NEW FORTRESS ENERGY INCEnergy6.9%$70.2m3.19m+24%added
POR PORTLAND GEN ELEC COUtilities6.3%$64.2m1.49m+7.1%added
GPOR GULFPORT ENERGY CORPEnergy5.9%$60.7m402,281+6.4%added
CMS CMS ENERGY CORPUtilities5.9%$60.1m1.01m−11%reduced
NI NISOURCE INCUtilities4.6%$46.6m1.62m−1.8%reduced
ETR ENTERGY CORP NEWUtilities4.5%$45.8m428,323−8.3%reduced
COP CONOCOPHILLIPSEnergy3.9%$39.8m348,299+116%added
DTE DTE ENERGY COUtilities3.8%$39.0m351,332−7.9%reduced
CHRD CHORD ENERGY CORPORATIONEnergy3.6%$36.5m217,647–new
OKLO OKLO INCUtilities3.3%$33.2m3.92m+1336%added
TALO TALOS ENERGY INCEnergy3.0%$30.9m2.55m+78%added
0E41 ENLINK MIDSTREAM LLC–2.7%$27.6m2.00m+2629%added
TM TOYOTA MOTOR CORPConsumer Cyclical2.4%$24.4m119,184+1415%added
MUR MURPHY OIL CORPEnergy2.2%$22.5m545,926+83%added
KGS KODIAK GAS SVCS INCEnergy2.1%$21.3m780,600+75%added
OVV OVINTIV INCEnergy2.0%$20.8m443,358+6.5%added
EVRG EVERGY INCUtilities2.0%$20.6m389,415−6.0%reduced
TRGP TARGA RES CORPEnergy1.4%$14.7m114,513−56%reduced
CIVI CIVITAS RESOURCES INC–1.4%$14.5m210,329–new
LNT ALLIANT ENERGY CORPUtilities1.4%$14.0m274,079−42%reduced
KNTK KINETIK HOLDINGS INCEnergy1.3%$13.6m326,989–new
ADNT ADIENT PLCConsumer Cyclical1.2%$12.7m512,703+125%added
BP BP PLCEnergy1.2%$12.5m345,547−66%reduced
ALV AUTOLIV INCConsumer Cyclical1.1%$10.9m101,934–new
DINO HF SINCLAIR CORPEnergy1.1%$10.9m204,241+5.1%added
AES AES CORPUtilities1.0%$10.5m600,000–new
EWI ISHARES INC–0.9%$9.6m267,629–new
GLNG GOLAR LNG LTDEnergy0.9%$9.1m289,267+28%added
PBF PBF ENERGY INCEnergy0.8%$8.4m183,540+1326%added
ARRY ARRAY TECHNOLOGIES INCTechnology0.7%$7.6m737,808+84%added
BWA BORGWARNER INCConsumer Cyclical0.7%$7.3m226,191–new
AXALTA COATING SYS LTD no ticker–0.7%$7.2m211,061–new
PPL PPL CORPUtilities0.7%$6.8m246,807−4.8%reduced
TAMBORAN RES CORP no ticker–0.7%$6.8m300,000–new
CWEN CLEARWAY ENERGY INCUtilities0.7%$6.7m272,257+131%added
NESR NATIONAL ENERGY SERVICES REUEnergy0.7%$6.7m701,812+19%added
CRK COMSTOCK RES INCEnergy0.6%$6.5m630,459–new
MONTANA TECHNOLOGIES CORP no ticker–0.6%$6.5m4.48m+23%added
CTVA CORTEVA INCBasic Materials0.6%$6.3m117,034+17%added
EXE EXPAND ENERGY CORPORATIONEnergy0.6%$5.8m70,615–new
MSFT MICROSOFT CORPTechnology0.6%$5.7m12,7420.0%held
BRYGBP BERRY PETE CORP–0.6%$5.6m872,447–new
DD DUPONT DE NEMOURS INCBasic Materials0.6%$5.6m70,000–new
USX1 UNITED STATES STL CORP NEW–0.5%$5.6m147,578–new
GM General Motors CorpConsumer Cyclical0.5%$5.5m117,627+202%added
PBA PEMBINA PIPELINE CORPEnergy0.5%$5.5m147,169−9.8%reduced
EQT EQT CORPORATIONEnergy0.5%$5.3m144,592−77%reduced
DAN DANA INCConsumer Cyclical0.5%$5.3m434,580+30%added
VLO VALERO ENERGY CORPEnergy0.5%$5.0m31,818+59%added
CNP CENTERPOINT ENERGY INCUtilities0.5%$5.0m160,445–new

Exited since Q1 2024

24 rows
ERFGBP ENERPLUS CORP4.2%$42.1m
ABG ASBURY AUTOMOTIVE GROUP INC2.8%$27.6m
CVE Cenovus Energy Inc1.8%$18.2m
AEBA ALLETE INC1.3%$12.9m
STEM STEM INC0.7%$6.7m
XOP SPDR SERIES TRUST0.6%$6.1m
CARR CARRIER GLOBAL CORPORATION0.5%$5.4m
PCG PG&E CORP0.5%$5.0m
FLNC FLUENCE ENERGY INC0.4%$4.1m
AMPSUSD ALTUS POWER INC0.4%$4.1m
MRO* MARATHON OIL CORP0.4%$3.8m
FDX FEDEX CORP0.3%$3.5m
NOG NORTHERN OIL & GAS INC0.3%$3.4m
SHLS SHOALS TECHNOLOGIES GROUP IN0.3%$2.6m
STLA STELLANTIS N.V0.2%$2.4m
GPRE GREEN PLAINS INC0.2%$2.2m
BORR BORR DRILLING LTD0.2%$1.6m
PAGPEUR PLAINS GP HLDGS L P0.1%$1.0m
SENSATA TECHNOLOGIES HLDG PL no ticker0.08%$783k
DCH DAUCH CORP0.05%$523k
LAC LITHIUM AMERS CORP NEW0.03%$317k
TSPH TUSIMPLE HLDGS INC0.03%$293k
LITHIUM AMERICAS ARGENTINA C no ticker0.03%$254k
HE HAWAIIAN ELEC INDUSTRIES0.02%$228k

Sector mix

  • Energy42.1%
  • Utilities35.6%
  • Unclassified9.6%
  • Consumer Cyclical8.8%
  • Basic Materials1.9%
  • Technology1.3%
  • Industrials0.5%
  • Communication Services0.2%

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