HITE Hedge Asset Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), HITE Hedge Asset Management LLC reported 84 stock positions worth $996.1 million. Its top holding was New Fortress Energy (NFE) at 7.9% of the portfolio, followed by CMS Energy (CMS, 6.8%) and Gulfport Energy (GPOR, 6.1%). Compared with Q4 2023, it opened 20 new positions, sold out of 22, added to 32 and reduced 24. The biggest buy was Gulfport Energy (GPOR, shares +980%) and the biggest sale Nisource (NI, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- BRAINTREE, MA
- CIK
- 0001568939
- Portfolio Value
- $996.1M (Q1 2024)
- SEC Filing
- 0001062993-24-010247 ↗ filed May 14, 2024
Holdings Value
Holdings 84 stocks · $996.1M
| NFE New Fortress Energy Inc. | 7.90% | 2,572,508 | $78.7M | Add +63.0% |
| CMS CMS Energy Corp. | 6.83% | 1,127,711 | $68.0M | Add +45.1% |
| GPOR Gulfport Energy Corp. | 6.08% | 378,123 | $60.5M | Add +980.4% |
| POR Portland General Electric Co. | 5.85% | 1,387,177 | $58.3M | Add +73.7% |
| ETR Entergy Corp. | 4.95% | 466,945 | $49.3M | Reduce -37.5% |
| NI Nisource Inc. | 4.57% | 1,647,229 | $45.6M | Reduce -57.9% |
| DTE DTE Energy Company | 4.30% | 381,519 | $42.8M | Add +135.1% |
| ERF Enerplus Corp. | 4.22% | 2,140,783 | $42.1M | Add +277.8% |
| BP BP PLC-Spons ADR | 3.88% | 1,024,559 | $38.6M | Add +105.0% |
| TRGP Targa Resources Corp. | 2.91% | 258,432 | $28.9M | Reduce -50.9% |
| ABG Asbury Automotive Group | 2.77% | 117,136 | $27.6M | Add +24.9% |
| LNT Alliant Energy Corp. | 2.40% | 475,183 | $23.9M | Add +4.0% |
| EQT Eqt Corp. | 2.29% | 615,673 | $22.8M | Add +14.0% |
| OLN Olin Corp. | 2.28% | 386,182 | $22.7M | New |
| EVRG Evergy Inc. | 2.22% | 414,105 | $22.1M | Add +943.9% |
| OVV Ovintiv Inc. | 2.17% | 416,481 | $21.6M | Add +414.4% |
| COP Conocophillips | 2.06% | 161,432 | $20.5M | Add +38.3% |
| TALO Talos Energy Inc. | 2.00% | 1,430,184 | $19.9M | Add +358.4% |
| EXC Exelon Corp. | 1.88% | 497,376 | $18.7M | Add +18.8% |
| CVE Cenovus Energy Inc. | 1.82% | 909,094 | $18.2M | Add +74.2% |
| AM Antero Midstream Corp. | 1.74% | 1,229,386 | $17.3M | New |
| MUR Murphy Oil Corp. | 1.37% | 297,792 | $13.6M | Add +241.4% |
| ALE Allete Inc. | 1.29% | 215,722 | $12.9M | Add +39.8% |
| KGS Kodiak Gas Services Inc. | 1.23% | 446,514 | $12.2M | Reduce -54.7% |
| DINO HF Sinclair Corp. | 1.18% | 194,369 | $11.7M | New |
| XEL Xcel Energy Inc. | 1.16% | 215,290 | $11.6M | Add +80.8% |
| ADNT Adient PLC | 0.75% | 227,599 | $7.5M | Reduce -59.0% |
| CTRA Coterra Energy Inc. | 0.73% | 261,793 | $7.3M | Reduce -41.8% |
| PPL PPL Corp. | 0.72% | 259,337 | $7.1M | Reduce -56.1% |
| STEM Stem Inc. | 0.67% | 3,065,363 | $6.7M | Add +796.8% |
| SAH Sonic Automotive Inc. Class A | 0.66% | 115,941 | $6.6M | Add +56.2% |
| XOP SS SPDR S&P Og Exp & Prod | 0.61% | 39,117 | $6.1M | Reduce -37.9% |
| ARRY Array Technologies Inc. | 0.60% | 400,760 | $6.0M | New |
| AESI Atlas Energy Solutions Inc. | 0.59% | 260,494 | $5.9M | Reduce -77.1% |
| CTVA Corteva Inc. | 0.58% | 100,000 | $5.8M | Reduce -41.1% |
| PBA Pembina Pipeline Corp. | 0.58% | 163,134 | $5.8M | Reduce -82.5% |
| GLNG Golar LNG Ltd. | 0.55% | 226,219 | $5.4M | New |
| CARR Carrier Global Corp. | 0.54% | 92,473 | $5.4M | New |
| MSFT Microsoft Corp. | 0.54% | 12,742 | $5.4M | No change |
| AEE Ameren Corporation | 0.53% | 71,305 | $5.3M | New |
| PCG P G & E Corp. | 0.50% | 300,000 | $5.0M | No change |
| NESR National Energy Services Reu | 0.47% | 591,473 | $4.7M | Reduce -56.3% |
| NPWR Net Power Inc. | 0.43% | 377,637 | $4.3M | Reduce -47.7% |
| PPG PPG Industries Inc. | 0.43% | 29,349 | $4.3M | Add +431.8% |
| DAN Dana Inc. | 0.43% | 334,850 | $4.3M | Add +1216.4% |
| PNW Pinnacle West Capital | 0.42% | 55,524 | $4.1M | Add +189.1% |
| FLNC Fluence Energy Inc. | 0.41% | 236,342 | $4.1M | New |
| AMPS Altus Power Inc. | 0.41% | 847,839 | $4.1M | New |
| MRO Marathon Oil Corp. | 0.38% | 134,232 | $3.8M | Reduce -79.4% |
| FDX FedEx Corp. | 0.35% | 12,000 | $3.5M | New |
| VLO Valero Energy Corp. | 0.34% | 19,999 | $3.4M | Add +66.3% |
| NOG Northern Oil and Gas Inc. | 0.34% | 85,045 | $3.4M | Reduce -66.7% |
| ASH Ashland Inc. | 0.34% | 34,460 | $3.4M | New |
| OKLO Oklo Inc. filed as ALTC ACQUISITION CORP | 0.31% | 273,066 | $3.1M | No change |
| CLNE Clean Energy Fuels Corp. | 0.29% | 1,083,982 | $2.9M | New |
| VC Visteon Corp. | 0.28% | 24,131 | $2.8M | Add +6.3% |
| CWEN Clearway Energy Inc. Class C | 0.27% | 118,018 | $2.7M | New |
| PR Permian Resources Corp. Class A | 0.27% | 153,586 | $2.7M | Reduce -85.8% |
| SHLS Shoals Technologies Group -A | 0.26% | 230,266 | $2.6M | Reduce -77.9% |
| STLA Stellantis NV | 0.24% | 85,163 | $2.4M | New |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.23% | 28,328 | $2.3M | Reduce -90.4% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.22% | 168,144 | $2.2M | Add +144.2% |
| GPRE Green Plains Inc. | 0.22% | 94,455 | $2.2M | Reduce -62.3% |
| GPI Group 1 Automotive Inc. | 0.20% | 6,976 | $2.0M | Add +148.5% |
| TM Toyota Motor Corp. -Spon ADR | 0.20% | 7,865 | $2.0M | Reduce -61.1% |
| GM General Motors Co. | 0.18% | 39,005 | $1.8M | Add +13.2% |
| AUR Aurora Innovation Inc. | 0.17% | 607,606 | $1.7M | Add +2.8% |
| BORR Borr Drilling Ltd. | 0.16% | 238,210 | $1.6M | New |
| PHIN Phinia Inc. | 0.16% | 41,720 | $1.6M | Add +33.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 3,000 | $1.6M | No change |
| CARS Cars.com Inc. | 0.15% | 89,493 | $1.5M | New |
| PAGP Plains GP Holdings LP | 0.10% | 55,676 | $1.0M | Reduce -4.6% |
| ENLC Enlink Midstream LLC | 0.10% | 73,384 | $1.0M | New |
| ST Sensata Technologies Holdplc | 0.08% | 21,321 | $783K | Reduce -6.9% |
| PBF PBF Energy Inc. Class A | 0.07% | 12,874 | $741K | Reduce -85.6% |
| ASTL Algoma Steel Group Inc. | 0.07% | 85,843 | $729K | No change |
| SWVL SWVL Holdings Corp. | 0.07% | 54,960 | $651K | New |
| GODNU Golden Star Acquisition Corp. | 0.06% | 50,000 | $548K | No change |
| DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN | 0.05% | 71,089 | $523K | Add +31.6% |
| SEI Solaris Energy Infrastructur | 0.05% | 55,509 | $481K | New |
| LAC Lithium Americas Corp. | 0.03% | 47,166 | $317K | No change |
| TSPH Createai Holdings Inc. filed as TUSIMPLE HLDGS INC | 0.03% | 601,645 | $293K | Reduce -49.6% |
| LAR Lithium Americas Argentina C | 0.03% | 47,166 | $254K | No change |
| HE Hawaiian Electric Inds | 0.02% | 20,236 | $228K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 3,642,817 | $2.0M | New |
Total filed on the 13F, all lines: $998.1M.
Portfolio Sells Q4 2023 → Q1 2024
| NI Nisource Inc. | Reduce -57.9% | 4.57% | −6.35 |
| DTM DT Midstream Inc. | Sold out | 0.00% | −4.99 |
| ETR Entergy Corp. | Reduce -37.5% | 4.95% | −2.99 |
| PBA Pembina Pipeline Corp. | Reduce -82.5% | 0.58% | −2.79 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -90.4% | 0.23% | −2.55 |
| TRGP Targa Resources Corp. | Reduce -50.9% | 2.91% | −1.90 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −1.90 |
| MGY Magnolia Oil & Gas Corp. Class A | Sold out | 0.00% | −1.64 |
| AESI Atlas Energy Solutions Inc. | Reduce -77.1% | 0.59% | −1.47 |
| SHLS Shoals Technologies Group -A | Reduce -77.9% | 0.26% | −1.44 |
| ADNT Adient PLC | Reduce -59.0% | 0.75% | −1.37 |
| MRO Marathon Oil Corp. | Reduce -79.4% | 0.38% | −1.27 |
| PR Permian Resources Corp. Class A | Reduce -85.8% | 0.27% | −1.27 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −1.20 |
| PPL PPL Corp. | Reduce -56.1% | 0.72% | −0.96 |
| KGS Kodiak Gas Services Inc. | Reduce -54.7% | 1.23% | −0.85 |
| NOG Northern Oil and Gas Inc. | Reduce -66.7% | 0.34% | −0.66 |
| DOW Dow Inc. | Sold out | 0.00% | −0.53 |
| CTRA Coterra Energy Inc. | Reduce -41.8% | 0.73% | −0.47 |
| GPRE Green Plains Inc. | Reduce -62.3% | 0.22% | −0.44 |
| CPE Callon Petroleum Co. | Sold out | 0.00% | −0.43 |
| NESR National Energy Services Reu | Reduce -56.3% | 0.47% | −0.39 |
| PBF PBF Energy Inc. Class A | Reduce -85.6% | 0.07% | −0.34 |
| NPWR Net Power Inc. | Reduce -47.7% | 0.43% | −0.33 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -37.9% | 0.61% | −0.30 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.28 |
| CTVA Corteva Inc. | Reduce -41.1% | 0.58% | −0.28 |
| RPM RPM International Inc. | Sold out | 0.00% | −0.27 |
| OPAL Opal Fuels Inc. Class A | Sold out | 0.00% | −0.22 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -61.1% | 0.20% | −0.19 |
| CNP Centerpoint Energy Inc. | Sold out | 0.00% | −0.15 |
| ARIS WATER SOLUTIONS INC-A | Sold out | 0.00% | −0.10 |
| AXTA Axalta Coating Systems Ltd. | Sold out | 0.00% | −0.10 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.09 |
| SO The Southern Co. | Sold out | 0.00% | −0.08 |
| TSPH Createai Holdings Inc. | Reduce -49.6% | 0.03% | −0.08 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.07 |
| GT Goodyear Tire & Rubber Co. | Sold out | 0.00% | −0.06 |
| CRK Comstock Resources Inc. | Sold out | 0.00% | −0.05 |
| CSX CSX Corp. | Sold out | 0.00% | −0.05 |
| EFXT Enerflex Ltd. | Sold out | 0.00% | −0.05 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.05 |
| PLL Piedmont Lithium Inc. | Sold out | 0.00% | −0.04 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.03 |
| ST Sensata Technologies Holdplc | Reduce -6.9% | 0.08% | −0.01 |
| PAGP Plains GP Holdings LP | Reduce -4.6% | 0.10% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| GPOR Gulfport Energy Corp. | Add +980.4% | 6.08% | +5.59 |
| ERF Enerplus Corp. | Add +277.8% | 4.22% | +3.31 |
| DTE DTE Energy Company | Add +135.1% | 4.30% | +2.41 |
| OLN Olin Corp. | New | 2.28% | +2.28 |
| POR Portland General Electric Co. | Add +73.7% | 5.85% | +2.21 |
| CMS CMS Energy Corp. | Add +45.1% | 6.83% | +2.09 |
| BP BP PLC-Spons ADR | Add +105.0% | 3.88% | +2.02 |
| EVRG Evergy Inc. | Add +943.9% | 2.22% | +2.00 |
| OVV Ovintiv Inc. | Add +414.4% | 2.17% | +1.80 |
| AM Antero Midstream Corp. | New | 1.74% | +1.74 |
| NFE New Fortress Energy Inc. | Add +63.0% | 7.90% | +1.64 |
| TALO Talos Energy Inc. | Add +358.4% | 2.00% | +1.53 |
| DINO HF Sinclair Corp. | New | 1.18% | +1.18 |
| MUR Murphy Oil Corp. | Add +241.4% | 1.37% | +0.98 |
| CVE Cenovus Energy Inc. | Add +74.2% | 1.82% | +0.91 |
| COP Conocophillips | Add +38.3% | 2.06% | +0.64 |
| ARRY Array Technologies Inc. | New | 0.60% | +0.60 |
| ABG Asbury Automotive Group | Add +24.9% | 2.77% | +0.55 |
| GLNG Golar LNG Ltd. | New | 0.55% | +0.55 |
| CARR Carrier Global Corp. | New | 0.54% | +0.54 |
| STEM Stem Inc. | Add +796.8% | 0.67% | +0.53 |
| AEE Ameren Corporation | New | 0.53% | +0.53 |
| FLNC Fluence Energy Inc. | New | 0.41% | +0.41 |
| AMPS Altus Power Inc. | New | 0.41% | +0.41 |
| DAN Dana Inc. | Add +1216.4% | 0.43% | +0.39 |
| XEL Xcel Energy Inc. | Add +80.8% | 1.16% | +0.39 |
| FDX FedEx Corp. | New | 0.35% | +0.35 |
| PPG PPG Industries Inc. | Add +431.8% | 0.43% | +0.34 |
| ASH Ashland Inc. | New | 0.34% | +0.34 |
| ALE Allete Inc. | Add +39.8% | 1.29% | +0.30 |
| EXC Exelon Corp. | Add +18.8% | 1.88% | +0.30 |
| CLNE Clean Energy Fuels Corp. | New | 0.29% | +0.29 |
| CWEN Clearway Energy Inc. Class C | New | 0.27% | +0.27 |
| PNW Pinnacle West Capital | Add +189.1% | 0.42% | +0.27 |
| STLA Stellantis NV | New | 0.24% | +0.24 |
| SAH Sonic Automotive Inc. Class A | Add +56.2% | 0.66% | +0.22 |
| VLO Valero Energy Corp. | Add +66.3% | 0.34% | +0.18 |
| BORR Borr Drilling Ltd. | New | 0.16% | +0.16 |
| CARS Cars.com Inc. | New | 0.15% | +0.15 |
| F Ford Motor Co. | Add +144.2% | 0.22% | +0.14 |
| GPI Group 1 Automotive Inc. | Add +148.5% | 0.20% | +0.11 |
| ENLC Enlink Midstream LLC | New | 0.10% | +0.10 |
| EQT Eqt Corp. | Add +14.0% | 2.29% | +0.10 |
| SWVL SWVL Holdings Corp. | New | 0.07% | +0.07 |
| PHIN Phinia Inc. | Add +33.6% | 0.16% | +0.06 |
| SEI Solaris Energy Infrastructur | New | 0.05% | +0.05 |
| GM General Motors Co. | Add +13.2% | 0.18% | +0.05 |
| HE Hawaiian Electric Inds | New | 0.02% | +0.02 |
| DCH Dauch Corporation | Add +31.6% | 0.05% | +0.00 |
| VC Visteon Corp. | Add +6.3% | 0.28% | −0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | New | 3,642,817 | $2.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 120 | $1.8B | POR, ETR, TBN, DVN, DTE |
| Q1 2026 | 123 | $1.8B | POR, TBN, XEL, ETR, DTE |
| Q4 2025 | 116 | $1.6B | POR, XEL, ETR, DTE, NI |
| Q3 2025 | 112 | $1.8B | DTE, ETR, XEL, POR, AEE |
| Q2 2025 | 108 | $1.7B | DTE, POR, COP, EVRG, AEE |
| Q1 2025 | 106 | $1.6B | DTE, AEE, CNP, XEL, EXE |
| Q4 2024 | 97 | $1.4B | DTE, AEE, CNP, EQT, VRN |
| Q3 2024 | 84 | $867.8M | VRN, DTE, POR, LAD, ETR |
| Q2 2024 | 95 | $1.0B | NFE, POR, GPOR, CMS, NI |
| Q1 2024 | 84 | $996.1M | NFE, CMS, GPOR, POR, ETR |