WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-09-30, filed 2024-11-14

HITE Hedge Asset Management LLC disclosed 85 US equity positions worth $870.2m in its Q3 2024 13F filing. Its largest position is 016 at 7.5% of the reported book, followed by DTE and POR. Versus Q2 2024 it opened 22 new positions, added to 35, reduced 24 and exited 33.

$870m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
85
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.5%
Largest position
The largest single position as a share of the reported equity book.
40.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
37
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 2024: 22 new, 35 added, 24 reduced, 33 exited

50 of 85
016 VEREN INC–7.5%$65.2m10.58m–new
DTE DTE ENERGY COUtilities4.8%$41.8m325,260−7.4%reduced
POR PORTLAND GEN ELEC COUtilities4.2%$36.2m755,576−49%reduced
LAD LITHIA MTRS INCConsumer Cyclical3.9%$34.2m107,629+5233%added
ETR ENTERGY CORP NEWUtilities3.6%$31.5m239,388−44%reduced
CHRD CHORD ENERGY CORPORATIONEnergy3.5%$30.2m232,052+6.6%added
COP CONOCOPHILLIPSEnergy3.2%$28.0m265,693−24%reduced
AR ANTERO RESOURCES CORPEnergy3.1%$27.4m954,685+537%added
GPOR GULFPORT ENERGY CORPEnergy3.1%$27.0m178,288−56%reduced
NI NISOURCE INCUtilities3.0%$26.3m759,910−53%reduced
NEE NEXTERA ENERGY INCUtilities3.0%$25.8m305,224–new
CMS CMS ENERGY CORPUtilities2.9%$25.1m355,566−65%reduced
XEL XCEL ENERGY INCUtilities2.4%$20.7m317,117+393%added
OKLO OKLO INCUtilities2.3%$19.8m2.44m−38%reduced
0E41 ENLINK MIDSTREAM LLC–2.3%$19.7m1.36m−32%reduced
EVRG EVERGY INCUtilities2.2%$18.9m305,528−22%reduced
TM TOYOTA MOTOR CORPConsumer Cyclical2.1%$18.6m104,050−13%reduced
CTRA COTERRA ENERGY INC–1.9%$17.0m707,729+406%added
NFE NEW FORTRESS ENERGY INCEnergy1.9%$16.9m1.86m−42%reduced
EXC EXELON CORPUtilities1.8%$16.1m395,840+431%added
AEE AMEREN CORPUtilities1.7%$15.2m173,771+265%added
CIVI CIVITAS RESOURCES INC–1.7%$14.7m290,863+38%added
NXPI NXP SEMICONDUCTORS N VTechnology1.5%$13.4m56,018–new
OVV OVINTIV INCEnergy1.5%$13.1m341,628−23%reduced
ALV AUTOLIV INCConsumer Cyclical1.5%$12.6m135,424+33%added
HESS MIDSTREAM PARTNERS LP no ticker–1.4%$12.3m349,520+526%added
CVE Cenovus Energy IncEnergy1.3%$11.6m691,498–new
RRC RANGE RES CORPEnergy1.3%$11.5m374,108–new
AROC ARCHROCK INCEnergy1.3%$10.9m540,482–new
BWA BORGWARNER INCConsumer Cyclical1.2%$10.5m290,317+28%added
MTDR MATADOR RES COEnergy1.2%$10.5m212,984–new
PPL PPL CORPUtilities1.2%$10.2m307,773+25%added
VLO VALERO ENERGY CORPEnergy1.2%$10.1m75,117+136%added
TAMBORAN RES CORP no ticker–1.1%$9.9m489,417+63%added
BKV BKV CORPEnergy1.1%$9.4m514,308–new
GLNG GOLAR LNG LTDEnergy1.0%$8.8m238,195−18%reduced
WMB WILLIAMS COS INCEnergy1.0%$8.4m183,636–new
ADNT ADIENT PLCConsumer Cyclical1.0%$8.3m367,014−28%reduced
PNW PINNACLE WEST CAP CORPUtilities0.9%$8.2m92,311+261%added
LNT ALLIANT ENERGY CORPUtilities0.9%$7.8m128,912−53%reduced
FANG DIAMONDBACK ENERGY INCEnergy0.8%$7.3m42,377–new
APA APA CORPORATIONEnergy0.8%$7.2m295,916–new
NESR NATIONAL ENERGY SERVICES REUEnergy0.8%$6.6m703,162+0.2%held
EQT EQT CORPORATIONEnergy0.6%$5.6m151,877+5.0%added
MSFT MICROSOFT CORPTechnology0.6%$5.5m12,7420.0%held
APTV APTIV PLCConsumer Cyclical0.6%$4.8m67,159+8.0%added
HMC HONDA MOTOR CO LTDConsumer Cyclical0.5%$4.4m138,539+1393%added
BORR BORR DRILLING LTDEnergy0.5%$4.2m767,649–new
MUR MURPHY OIL CORPEnergy0.5%$4.2m124,358−77%reduced
TTI TETRA TECHNOLOGIES INC DELEnergy0.5%$3.9m1.27m+0.3%held

Exited since Q2 2024

33 rows
TALO TALOS ENERGY INC3.0%$30.9m
KGS KODIAK GAS SVCS INC2.1%$21.3m
TRGP TARGA RES CORP1.4%$14.7m
BP BP PLC1.2%$12.5m
DINO HF SINCLAIR CORP1.1%$10.9m
AES AES CORP1.0%$10.5m
EWI ISHARES INC0.9%$9.6m
PBF PBF ENERGY INC0.8%$8.4m
ARRY ARRAY TECHNOLOGIES INC0.7%$7.6m
AXALTA COATING SYS LTD no ticker0.7%$7.2m
CRK COMSTOCK RES INC0.6%$6.5m
CTVA CORTEVA INC0.6%$6.3m
EXE EXPAND ENERGY CORPORATION0.6%$5.8m
DD DUPONT DE NEMOURS INC0.6%$5.6m
USX1 UNITED STATES STL CORP NEW0.5%$5.6m
PBA PEMBINA PIPELINE CORP0.5%$5.5m
DAN DANA INC0.5%$5.3m
CNP CENTERPOINT ENERGY INC0.5%$5.0m
DVN DEVON ENERGY CORP NEW0.4%$4.1m
LBRT LIBERTY ENERGY INC0.3%$3.4m
NTR NUTRIEN LTD0.3%$3.3m
F FORD MTR CO0.3%$2.9m
HII HUNTINGTON INGALLS INDS INC0.3%$2.7m
ROK ROCKWELL AUTOMATION INC0.2%$2.6m
CARS CARS COM INC0.2%$1.8m
SPY SPDR S&P 500 ETF Trust0.2%$1.6m
OLN OLIN CORP0.09%$925k
NOBLE CORP PLC no ticker0.06%$635k
PPG PPG INDS INC0.05%$561k
OII OCEANEERING INTL INC0.05%$526k
EMN EASTMAN CHEMICAL CO0.05%$486k
SWVL HOLDINGS CORP no ticker0.03%$350k
SEI SOLARIS ENERGY INFRAS INC0.03%$292k

Sector mix

  • Utilities35.1%
  • Energy31.4%
  • Unclassified17.1%
  • Consumer Cyclical13.2%
  • Technology2.3%
  • Basic Materials0.7%
  • Financial Services0.2%
  • Industrials0.07%

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