HITE Hedge Asset Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), HITE Hedge Asset Management LLC reported 84 stock positions worth $867.8 million. Its top holding was Veren (VRN) at 7.5% of the portfolio, followed by DTE Energy (DTE, 4.8%) and Portland General Electric (POR, 4.2%). Compared with Q2 2024, it opened 22 new positions, sold out of 33, added to 36 and reduced 24. The biggest buy was a new position in Veren (VRN) and the biggest sale New Fortress Energy (NFE, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- BRAINTREE, MA
- CIK
- 0001568939
- Portfolio Value
- $867.8M (Q3 2024)
- SEC Filing
- 0001062993-24-019158 ↗ filed Nov 14, 2024
Holdings Value
Holdings 84 stocks · $867.8M
| VRN Veren Inc. | 7.51% | 10,579,297 | $65.2M | New |
| DTE DTE Energy Company | 4.81% | 325,260 | $41.8M | Reduce -7.4% |
| POR Portland General Electric Co. | 4.17% | 755,576 | $36.2M | Reduce -49.1% |
| LAD Lithia Motors Inc. | 3.94% | 107,629 | $34.2M | Add +5233.4% |
| ETR Entergy Corp. | 3.63% | 239,388 | $31.5M | Reduce -44.1% |
| CHRD Chord Energy Corp. | 3.48% | 232,052 | $30.2M | Add +6.6% |
| COP Conocophillips | 3.22% | 265,693 | $28.0M | Reduce -23.7% |
| AR Antero Resources Corp. | 3.15% | 954,685 | $27.4M | Add +537.2% |
| GPOR Gulfport Energy Corp. | 3.11% | 178,288 | $27.0M | Reduce -55.7% |
| NI Nisource Inc. | 3.03% | 759,910 | $26.3M | Reduce -53.0% |
| NEE Nextera Energy Inc. | 2.97% | 305,224 | $25.8M | New |
| CMS CMS Energy Corp. | 2.89% | 355,566 | $25.1M | Reduce -64.8% |
| XEL Xcel Energy Inc. | 2.39% | 317,117 | $20.7M | Add +393.0% |
| OKLO Oklo Inc. | 2.28% | 2,441,630 | $19.8M | Reduce -37.7% |
| ENLC Enlink Midstream LLC | 2.27% | 1,357,232 | $19.7M | Reduce -32.2% |
| EVRG Evergy Inc. | 2.18% | 305,528 | $18.9M | Reduce -21.5% |
| TM Toyota Motor Corp. -Spon ADR | 2.14% | 104,050 | $18.6M | Reduce -12.7% |
| CTRA Coterra Energy Inc. | 1.95% | 707,729 | $17.0M | Add +406.3% |
| NFE New Fortress Energy Inc. | 1.95% | 1,857,493 | $16.9M | Reduce -41.8% |
| EXC Exelon Corp. | 1.85% | 395,840 | $16.1M | Add +431.3% |
| AEE Ameren Corporation | 1.75% | 173,771 | $15.2M | Add +265.0% |
| CIVI Civitas Resources Inc. | 1.70% | 290,863 | $14.7M | Add +38.3% |
| NXPI NXP Semiconductors NV | 1.55% | 56,018 | $13.4M | New |
| OVV Ovintiv Inc. | 1.51% | 341,628 | $13.1M | Reduce -22.9% |
| ALV Autoliv Inc. | 1.46% | 135,424 | $12.6M | Add +32.9% |
| HESM Hess Midstream Operations LP | 1.42% | 349,520 | $12.3M | Add +525.8% |
| CVE Cenovus Energy Inc. | 1.33% | 691,498 | $11.6M | New |
| RRC Range Resources Corp. | 1.33% | 374,108 | $11.5M | New |
| AROC Archrock Inc. | 1.26% | 540,482 | $10.9M | New |
| BWA Borgwarner Inc. | 1.21% | 290,317 | $10.5M | Add +28.4% |
| MTDR Matador Resources Co. | 1.21% | 212,984 | $10.5M | New |
| PPL PPL Corp. | 1.17% | 307,773 | $10.2M | Add +24.7% |
| VLO Valero Energy Corp. | 1.17% | 75,117 | $10.1M | Add +136.1% |
| TBN Tamboran Resources Corp. | 1.15% | 489,417 | $9.9M | Add +63.1% |
| BKV BKV Corporation | 1.08% | 514,308 | $9.4M | New |
| GLNG Golar LNG Ltd. | 1.01% | 238,195 | $8.8M | Reduce -17.7% |
| WMB Williams Cos Inc. | 0.97% | 183,636 | $8.4M | New |
| ADNT Adient PLC | 0.95% | 367,014 | $8.3M | Reduce -28.4% |
| PNW Pinnacle West Capital | 0.94% | 92,311 | $8.2M | Add +261.2% |
| LNT Alliant Energy Corp. | 0.90% | 128,912 | $7.8M | Reduce -53.0% |
| FANG Diamondback Energy Inc. | 0.84% | 42,377 | $7.3M | New |
| APA Apa Corp. | 0.83% | 295,916 | $7.2M | New |
| NESR National Energy Services Reu | 0.77% | 703,162 | $6.6M | Add +0.2% |
| EQT Eqt Corp. | 0.64% | 151,877 | $5.6M | Add +5.0% |
| MSFT Microsoft Corp. | 0.63% | 12,742 | $5.5M | No change |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.56% | 67,159 | $4.8M | Add +8.0% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.51% | 138,539 | $4.4M | Add +1392.9% |
| BORR Borr Drilling Ltd. | 0.49% | 767,649 | $4.2M | New |
| MUR Murphy Oil Corp. | 0.48% | 124,358 | $4.2M | Reduce -77.2% |
| TTI Tetra Technologies Inc. | 0.45% | 1,266,869 | $3.9M | Add +0.3% |
| AESI Atlas Energy Solutions Inc. | 0.40% | 158,023 | $3.4M | Add +2.8% |
| PHIN Phinia Inc. | 0.37% | 69,257 | $3.2M | Add +140.6% |
| AM Antero Midstream Corp. | 0.34% | 194,683 | $2.9M | Add +184.4% |
| NPWR Net Power Inc. | 0.31% | 387,624 | $2.7M | Add +2.6% |
| ASH Ashland Inc. | 0.30% | 29,576 | $2.6M | Add +137.8% |
| GPI Group 1 Automotive Inc. | 0.28% | 6,436 | $2.5M | Reduce -45.0% |
| HYLN Hyliion Holdings Corp. | 0.27% | 933,659 | $2.3M | Add +130.6% |
| TSLA Tesla Inc. | 0.25% | 8,447 | $2.2M | New |
| WLK Westlake Corp. | 0.25% | 14,590 | $2.2M | New |
| RIVN Rivian Automotive Inc. Class A | 0.25% | 193,064 | $2.2M | Reduce -36.8% |
| CWEN Clearway Energy Inc. Class C | 0.23% | 65,115 | $2.0M | Reduce -76.1% |
| CLNE Clean Energy Fuels Corp. | 0.22% | 603,533 | $1.9M | Add +26.8% |
| ALLY Ally Financial Inc. | 0.20% | 48,328 | $1.7M | New |
| EVGO Evgo Inc. | 0.20% | 413,906 | $1.7M | Add +105.0% |
| SAH Sonic Automotive Inc. Class A | 0.19% | 28,524 | $1.7M | Add +49.0% |
| PLL Piedmont Lithium Inc. | 0.16% | 153,007 | $1.4M | Add +2.9% |
| PR Permian Resources Corp. Class A | 0.15% | 98,716 | $1.3M | Add +187.9% |
| VC Visteon Corp. | 0.15% | 13,755 | $1.3M | Add +38.0% |
| LI Li Auto Inc. - ADR | 0.13% | 44,059 | $1.1M | Add +64.8% |
| CRMT America's Car-Mart Inc. | 0.13% | 26,890 | $1.1M | Add +11.8% |
| AUR Aurora Innovation Inc. | 0.12% | 182,602 | $1.1M | Reduce -70.0% |
| ZK Zeekr Intelligent Techno-ADR | 0.12% | 48,202 | $1.1M | Add +52.4% |
| ASTL Algoma Steel Group Inc. | 0.11% | 92,646 | $948K | Add +7.9% |
| LAC Lithium Americas Corp. | 0.09% | 291,499 | $787K | New |
| GM General Motors Co. | 0.08% | 15,790 | $708K | Reduce -86.6% |
| CENX Century Aluminum Company | 0.07% | 39,705 | $644K | New |
| ACHR Archer Aviation Inc. Class A | 0.07% | 190,600 | $578K | New |
| GODNU Golden Star Acquisition Corp. | 0.06% | 50,000 | $553K | No change |
| TEL Te Connectivity PLC | 0.06% | 3,220 | $486K | New |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.05% | 11,604 | $435K | New |
| BRY Berry Corp. | 0.05% | 82,665 | $425K | Reduce -90.5% |
| KNTK Kinetik Holdings Inc. | 0.05% | 9,202 | $416K | Reduce -97.2% |
| LYFT LYFT Inc. Class A | 0.04% | 27,996 | $357K | New |
| COPX Global X Copper Miners ETF | 0.03% | 5,142 | $243K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 5,807,594 | $2.4M | Add +29.7% |
Total filed on the 13F, all lines: $870.2M.
Portfolio Sells Q2 2024 → Q3 2024
| NFE New Fortress Energy Inc. | Reduce -41.8% | 1.95% | −4.97 |
| TALO Talos Energy Inc. | Sold out | 0.00% | −3.05 |
| CMS CMS Energy Corp. | Reduce -64.8% | 2.89% | −3.03 |
| GPOR Gulfport Energy Corp. | Reduce -55.7% | 3.11% | −2.88 |
| POR Portland General Electric Co. | Reduce -49.1% | 4.17% | −2.16 |
| KGS Kodiak Gas Services Inc. | Sold out | 0.00% | −2.10 |
| MUR Murphy Oil Corp. | Reduce -77.2% | 0.48% | −1.74 |
| NI Nisource Inc. | Reduce -53.0% | 3.03% | −1.56 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −1.45 |
| KNTK Kinetik Holdings Inc. | Reduce -97.2% | 0.05% | −1.29 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −1.23 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −1.07 |
| AES AES Corp. | Sold out | 0.00% | −1.04 |
| OKLO Oklo Inc. | Reduce -37.7% | 2.28% | −1.00 |
| EWI iShares MSCI Italy ETF | Sold out | 0.00% | −0.95 |
| ETR Entergy Corp. | Reduce -44.1% | 3.63% | −0.89 |
| PBF PBF Energy Inc. Class A | Sold out | 0.00% | −0.83 |
| ARRY Array Technologies Inc. | Sold out | 0.00% | −0.75 |
| AXTA Axalta Coating Systems Ltd. | Sold out | 0.00% | −0.71 |
| COP Conocophillips | Reduce -23.7% | 3.22% | −0.70 |
| CRK Comstock Resources Inc. | Sold out | 0.00% | −0.65 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.62 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.57 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.56 |
| X United States Steel Corp. | Sold out | 0.00% | −0.55 |
| OVV Ovintiv Inc. | Reduce -22.9% | 1.51% | −0.54 |
| PBA Pembina Pipeline Corp. | Sold out | 0.00% | −0.54 |
| DAN Dana Inc. | Sold out | 0.00% | −0.52 |
| BRY Berry Corp. | Reduce -90.5% | 0.05% | −0.51 |
| CNP Centerpoint Energy Inc. | Sold out | 0.00% | −0.49 |
| LNT Alliant Energy Corp. | Reduce -53.0% | 0.90% | −0.47 |
| GM General Motors Co. | Reduce -86.6% | 0.08% | −0.46 |
| ENLC Enlink Midstream LLC | Reduce -32.2% | 2.27% | −0.45 |
| CWEN Clearway Energy Inc. Class C | Reduce -76.1% | 0.23% | −0.43 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.40 |
| LBRT Liberty Energy Inc. | Sold out | 0.00% | −0.33 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.32 |
| ADNT Adient PLC | Reduce -28.4% | 0.95% | −0.29 |
| F Ford Motor Co. | Sold out | 0.00% | −0.28 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.27 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -12.7% | 2.14% | −0.27 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.25 |
| CARS Cars.com Inc. | Sold out | 0.00% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.16 |
| RIVN Rivian Automotive Inc. Class A | Reduce -36.8% | 0.25% | −0.15 |
| OLN Olin Corp. | Sold out | 0.00% | −0.09 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.06 |
| GPI Group 1 Automotive Inc. | Reduce -45.0% | 0.28% | −0.06 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.06 |
| OII Oceaneering Intl Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| VRN Veren Inc. | New | 7.51% | +7.51 |
| LAD Lithia Motors Inc. | Add +5233.4% | 3.94% | +3.89 |
| NEE Nextera Energy Inc. | New | 2.97% | +2.97 |
| AR Antero Resources Corp. | Add +537.2% | 3.15% | +2.67 |
| XEL Xcel Energy Inc. | Add +393.0% | 2.39% | +2.05 |
| EXC Exelon Corp. | Add +431.3% | 1.85% | +1.60 |
| CTRA Coterra Energy Inc. | Add +406.3% | 1.95% | +1.59 |
| NXPI NXP Semiconductors NV | New | 1.55% | +1.55 |
| AEE Ameren Corporation | Add +265.0% | 1.75% | +1.42 |
| CVE Cenovus Energy Inc. | New | 1.33% | +1.33 |
| RRC Range Resources Corp. | New | 1.33% | +1.33 |
| AROC Archrock Inc. | New | 1.26% | +1.26 |
| HESM Hess Midstream Operations LP | Add +525.8% | 1.42% | +1.22 |
| MTDR Matador Resources Co. | New | 1.21% | +1.21 |
| BKV BKV Corporation | New | 1.08% | +1.08 |
| WMB Williams Cos Inc. | New | 0.97% | +0.97 |
| FANG Diamondback Energy Inc. | New | 0.84% | +0.84 |
| APA Apa Corp. | New | 0.83% | +0.83 |
| PNW Pinnacle West Capital | Add +261.2% | 0.94% | +0.75 |
| VLO Valero Energy Corp. | Add +136.1% | 1.17% | +0.68 |
| PPL PPL Corp. | Add +24.7% | 1.17% | +0.50 |
| BWA Borgwarner Inc. | Add +28.4% | 1.21% | +0.50 |
| BORR Borr Drilling Ltd. | New | 0.49% | +0.49 |
| TBN Tamboran Resources Corp. | Add +63.1% | 1.15% | +0.48 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Add +1392.9% | 0.51% | +0.48 |
| ALV Autoliv Inc. | Add +32.9% | 1.46% | +0.38 |
| CIVI Civitas Resources Inc. | Add +38.3% | 1.70% | +0.27 |
| PHIN Phinia Inc. | Add +140.6% | 0.37% | +0.26 |
| TSLA Tesla Inc. | New | 0.25% | +0.25 |
| WLK Westlake Corp. | New | 0.25% | +0.25 |
| AM Antero Midstream Corp. | Add +184.4% | 0.34% | +0.24 |
| HYLN Hyliion Holdings Corp. | Add +130.6% | 0.27% | +0.20 |
| ALLY Ally Financial Inc. | New | 0.20% | +0.20 |
| ASH Ashland Inc. | Add +137.8% | 0.30% | +0.18 |
| EVGO Evgo Inc. | Add +105.0% | 0.20% | +0.15 |
| APTV Aptiv Irish Holdings Ltd. | Add +8.0% | 0.56% | +0.13 |
| EQT Eqt Corp. | Add +5.0% | 0.64% | +0.11 |
| NESR National Energy Services Reu | Add +0.2% | 0.77% | +0.11 |
| PR Permian Resources Corp. Class A | Add +187.9% | 0.15% | +0.10 |
| AESI Atlas Energy Solutions Inc. | Add +2.8% | 0.40% | +0.10 |
| CLNE Clean Energy Fuels Corp. | Add +26.8% | 0.22% | +0.09 |
| LAC Lithium Americas Corp. | New | 0.09% | +0.09 |
| SAH Sonic Automotive Inc. Class A | Add +49.0% | 0.19% | +0.09 |
| LI Li Auto Inc. - ADR | Add +64.8% | 0.13% | +0.08 |
| CENX Century Aluminum Company | New | 0.07% | +0.07 |
| ACHR Archer Aviation Inc. Class A | New | 0.07% | +0.07 |
| ZK Zeekr Intelligent Techno-ADR | Add +52.4% | 0.12% | +0.07 |
| TEL Te Connectivity PLC | New | 0.06% | +0.06 |
| ASTL Algoma Steel Group Inc. | Add +7.9% | 0.11% | +0.05 |
| NXT Nextpower Inc. | New | 0.05% | +0.05 |
Options Activity Q2 2024 → Q3 2024
| APTIV PLC | call | Sold out | 5,000 | $553Kbefore exit |
| AUTONATION INC | put | Sold out | 992 | $213Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | Add +29.7% | 5,807,594 | $2.4M |
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 |