HITE Hedge Asset Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), HITE Hedge Asset Management LLC reported 112 stock positions worth $1.8 billion. Its top holding was DTE Energy (DTE) at 7.0% of the portfolio, followed by Entergy (ETR, 5.5%) and Xcel Energy (XEL, 5.1%). Compared with Q2 2025, it opened 36 new positions, sold out of 32, added to 28 and reduced 47. The biggest buy was Viper Energy (VNOM, shares +452%) and the biggest sale an exit from Devon Energy (DVN).
- Most Recent 13F
- Q2 2026
- Location
- BRAINTREE, MA
- CIK
- 0001568939
- Portfolio Value
- $1.8B (Q3 2025)
- SEC Filing
- 0001062993-25-016729 ↗ filed Nov 13, 2025
Holdings Value
Holdings 112 stocks · $1.8B
| DTE DTE Energy Company | 6.96% | 904,178 | $127.9M | Reduce -12.6% |
| ETR Entergy Corp. | 5.54% | 1,092,624 | $101.8M | Add +89.2% |
| XEL Xcel Energy Inc. | 5.13% | 1,169,573 | $94.3M | Add +41.3% |
| POR Portland General Electric Co. | 4.98% | 2,078,486 | $91.5M | Reduce -2.5% |
| AEE Ameren Corporation | 4.06% | 714,687 | $74.6M | Add +8.3% |
| NI Nisource Inc. | 3.93% | 1,665,458 | $72.1M | Add +94.5% |
| CNP Centerpoint Energy Inc. | 3.48% | 1,647,826 | $63.9M | Add +19.4% |
| VNOM Viper Energy Inc. | 3.46% | 1,661,991 | $63.5M | Add +452.4% |
| EVRG Evergy Inc. | 3.17% | 767,132 | $58.3M | Reduce -23.5% |
| CHRD Chord Energy Corp. | 3.11% | 575,386 | $57.2M | Add +8.1% |
| CTRA Coterra Energy Inc. | 3.04% | 2,362,900 | $55.9M | Add +308.9% |
| COP Conocophillips | 2.90% | 563,441 | $53.3M | Reduce -31.3% |
| ADNT Adient PLC | 2.60% | 1,981,331 | $47.7M | Reduce -17.3% |
| TBN Tamboran Resources Corp. | 2.59% | 1,737,575 | $47.6M | Add +44.0% |
| GPOR Gulfport Energy Corp. | 2.46% | 249,625 | $45.2M | Add +47.3% |
| LAD Lithia Motors Inc. | 2.24% | 130,295 | $41.2M | Reduce -25.4% |
| PPL PPL Corp. | 2.14% | 1,057,065 | $39.3M | New |
| CRGY Crescent Energy Inc. Class A | 1.53% | 3,154,959 | $28.1M | Reduce -22.8% |
| LNT Alliant Energy Corp. | 1.50% | 409,529 | $27.6M | Reduce -5.3% |
| AR Antero Resources Corp. | 1.38% | 755,140 | $25.3M | Reduce -33.1% |
| APTV Aptiv PLC | 1.29% | 275,376 | $23.7M | Reduce -22.7% |
| GM General Motors Co. | 1.27% | 381,440 | $23.3M | Reduce -22.4% |
| KEX Kirby Corp. | 1.24% | 273,348 | $22.8M | Add +277.1% |
| TM Toyota Motor Corp. -Spon ADR | 1.18% | 113,705 | $21.7M | Reduce -40.3% |
| BKV BKV Corporation | 1.13% | 897,639 | $20.8M | Add +23.6% |
| AROC Archrock Inc. | 1.07% | 745,087 | $19.6M | New |
| OKLO Oklo Inc. | 0.90% | 148,643 | $16.6M | Reduce -11.0% |
| SU Suncor Energy Inc. | 0.89% | 390,936 | $16.3M | New |
| GPI Group 1 Automotive Inc. | 0.89% | 37,327 | $16.3M | Add +111.5% |
| MP MP Materials Corp. | 0.88% | 242,160 | $16.2M | Add +103.2% |
| PHIN Phinia Inc. | 0.87% | 277,528 | $16.0M | Reduce -38.3% |
| FE Firstenergy Corp. | 0.85% | 339,309 | $15.5M | New |
| DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN | 0.81% | 2,477,599 | $14.9M | Add +21.8% |
| EVGO Evgo Inc. | 0.76% | 2,946,791 | $13.9M | Add +13.8% |
| FANG Diamondback Energy Inc. | 0.73% | 93,388 | $13.4M | Add +105.4% |
| EQT Eqt Corp. | 0.72% | 242,964 | $13.2M | Reduce -8.9% |
| VST Vistra Corp. | 0.64% | 59,972 | $11.7M | New |
| ESI Element Solutions Inc. | 0.60% | 441,496 | $11.1M | Add +0.1% |
| CVX Chevron Corp. | 0.60% | 71,186 | $11.1M | Reduce -17.8% |
| PPG PPG Industries Inc. | 0.59% | 103,091 | $10.8M | Add +17.1% |
| RAL Ralliant Corp. | 0.56% | 237,347 | $10.4M | New |
| KGS Kodiak Gas Services Inc. | 0.55% | 271,135 | $10.0M | Reduce -49.3% |
| NB Niocorp Developments Ltd. | 0.53% | 1,462,607 | $9.8M | New |
| DINO HF Sinclair Corp. | 0.53% | 184,671 | $9.7M | Add +128.6% |
| LIN Linde PLC | 0.51% | 19,653 | $9.3M | New |
| CAT Caterpillar Inc. | 0.48% | 18,322 | $8.7M | Reduce -39.6% |
| NXPI NXP Semiconductors NV | 0.47% | 37,674 | $8.6M | Add +38.0% |
| PAG Penske Automotive Group Inc. | 0.47% | 49,166 | $8.6M | Add +56.9% |
| UTL Unitil Corp. | 0.45% | 174,218 | $8.3M | New |
| AXTA Axalta Coating Systems Ltd. | 0.43% | 277,129 | $7.9M | New |
| XYL Xylem Inc. | 0.43% | 53,271 | $7.9M | Reduce -13.7% |
| WLK Westlake Corp. | 0.42% | 100,000 | $7.7M | Reduce -12.7% |
| DAN Dana Inc. | 0.40% | 365,320 | $7.3M | Reduce -42.9% |
| ALV Autoliv Inc. | 0.39% | 57,277 | $7.1M | Add +187.5% |
| PR Permian Resources Corp. Class A | 0.38% | 551,295 | $7.1M | New |
| HII Huntington Ingalls Industrie | 0.37% | 23,892 | $6.9M | Reduce -21.6% |
| NESR National Energy Services Reu | 0.36% | 639,838 | $6.6M | Reduce -78.4% |
| ORLY O'reilly Automotive Inc. | 0.29% | 49,178 | $5.3M | Add +35.1% |
| ROK Rockwell Automation Inc. | 0.28% | 14,620 | $5.1M | Reduce -38.6% |
| VC Visteon Corp. | 0.27% | 42,001 | $5.0M | New |
| MOS The Mosaic Co. | 0.27% | 144,460 | $5.0M | Add +9.3% |
| OTIS Otis Worldwide Corp. | 0.27% | 54,321 | $5.0M | New |
| ITW Illinois Tool Works | 0.27% | 18,935 | $4.9M | New |
| KNTK Kinetik Holdings Inc. | 0.27% | 115,054 | $4.9M | Reduce -79.0% |
| DK Delek US Holdings Inc. | 0.27% | 151,807 | $4.9M | Reduce -47.5% |
| TTI Tetra Technologies Inc. | 0.26% | 840,889 | $4.8M | New |
| EE Excelerate Energy Inc. Class A | 0.26% | 189,810 | $4.8M | New |
| DD Dupont DE Nemours Inc. | 0.25% | 60,000 | $4.7M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.25% | 4,870 | $4.6M | New |
| NSP Insperity Inc. | 0.25% | 93,901 | $4.6M | New |
| MGY Magnolia Oil & Gas Corp. Class A | 0.25% | 190,981 | $4.6M | New |
| NVDA Nvidia Corp. | 0.24% | 24,023 | $4.5M | Reduce -70.0% |
| INR Infinity Natural Resour Class A | 0.24% | 337,448 | $4.4M | Add +160.7% |
| STLA Stellantis NV | 0.23% | 461,299 | $4.3M | Add +90.4% |
| SM SM Energy Co. | 0.23% | 167,523 | $4.2M | Reduce -37.5% |
| GLD SPDR Gold Shares | 0.23% | 11,651 | $4.1M | New |
| USAR USA Rare Earth Inc. | 0.22% | 231,080 | $4.0M | New |
| CPER United States Copper Index | 0.21% | 130,000 | $3.9M | New |
| RACE Ferrari NV | 0.21% | 7,972 | $3.9M | New |
| ABG Asbury Automotive Group | 0.19% | 14,016 | $3.4M | New |
| NPWR Net Power Inc. | 0.16% | 976,428 | $2.9M | Reduce -41.8% |
| OC Owens Corning | 0.15% | 20,000 | $2.8M | Reduce -45.8% |
| INVZ Innoviz Technologies Ltd. | 0.15% | 1,308,551 | $2.7M | Reduce -47.7% |
| TEL Te Connectivity PLC | 0.14% | 11,874 | $2.6M | Reduce -67.4% |
| HYLN Hyliion Holdings Corp. | 0.14% | 1,274,116 | $2.5M | Reduce -2.5% |
| MBLY Mobileye Global Inc. Class A | 0.12% | 155,109 | $2.2M | New |
| AMD Advanced Micro Devices | 0.11% | 12,495 | $2.0M | Reduce -5.0% |
| LAC Lithium Americas Corp. | 0.11% | 352,330 | $2.0M | Reduce -52.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 3,000 | $2.0M | Add +59.1% |
| VLO Valero Energy Corp. | 0.11% | 11,490 | $2.0M | Reduce -77.9% |
| ON On Semiconductor | 0.10% | 38,667 | $1.9M | New |
| WOLF Wolfspeed Inc. | 0.10% | 62,318 | $1.8M | New |
| CVNA Carvana Co. | 0.10% | 4,641 | $1.8M | Reduce -19.4% |
| IMSR Terrestrial Energy Inc. filed as HCM II ACQUISITION CORP | 0.09% | 102,338 | $1.7M | New |
| HSAI Hesai Group | 0.09% | 56,094 | $1.6M | Reduce -3.0% |
| APH Amphenol Corp. Class A | 0.08% | 12,381 | $1.5M | New |
| WBI Waterbridge Infrastruc Class A | 0.08% | 59,147 | $1.5M | New |
| RIVN Rivian Automotive Inc. Class A | 0.07% | 86,685 | $1.3M | Reduce -49.1% |
| PBR Petroleo Brasileiro-Spon ADR | 0.07% | 95,082 | $1.2M | New |
| LB Landbridge Co. LLC-A | 0.05% | 17,082 | $911K | Reduce -1.8% |
| ASTL Algoma Steel Group Inc. | 0.04% | 214,556 | $763K | No change |
| MU Micron Technology Inc. | 0.04% | 4,008 | $671K | Reduce -65.7% |
| ALLY Ally Financial Inc. | 0.03% | 16,296 | $639K | Reduce -3.1% |
| AMPX Amprius Technologies Inc. | 0.03% | 57,802 | $608K | Reduce -64.2% |
| CRDO Credo Technology Group Holdi | 0.03% | 4,000 | $582K | New |
| SES Ses AI Corp. | 0.03% | 306,121 | $511K | Reduce -53.0% |
| ZK Zeekr Intelligent Techno-ADR | 0.03% | 16,125 | $491K | Reduce -3.4% |
| QS Quantumscape Corp. | 0.03% | 37,554 | $463K | Reduce -66.3% |
| OSK Oshkosh Corp. | 0.02% | 2,781 | $361K | New |
| CRMT America's Car-Mart Inc. | 0.02% | 11,464 | $335K | Reduce -2.4% |
| ELVR Elevra Lithium Ltd. | 0.02% | 12,168 | $292K | New |
| LCID Lucid Group Inc. | 0.01% | 8,901 | $212K | New |
Options reported separately and not counted above: OKLO INC puts ($977K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $5.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 6,108,275 | $4.6M | Reduce -2.6% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 971,000 | $894K | Reduce -2.9% |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q2 2025 → Q3 2025
| DVN Devon Energy Corp. | Sold out | 0.00% | −2.48 |
| GLNG Golar LNG Ltd. | Sold out | 0.00% | −2.16 |
| PNW Pinnacle West Capital | Sold out | 0.00% | −1.81 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −1.48 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −1.36 |
| COP Conocophillips | Reduce -31.3% | 2.90% | −1.34 |
| AR Antero Resources Corp. | Reduce -33.1% | 1.38% | −1.24 |
| LAD Lithia Motors Inc. | Reduce -25.4% | 2.24% | −1.15 |
| KNTK Kinetik Holdings Inc. | Reduce -79.0% | 0.27% | −1.12 |
| EXC Exelon Corp. | Sold out | 0.00% | −1.06 |
| DTE DTE Energy Company | Reduce -12.6% | 6.96% | −0.93 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.87 |
| EVRG Evergy Inc. | Reduce -23.5% | 3.17% | −0.81 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.77 |
| PBA Pembina Pipeline Corp. | Sold out | 0.00% | −0.76 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -40.3% | 1.18% | −0.70 |
| NESR National Energy Services Reu | Reduce -78.4% | 0.36% | −0.67 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.62 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.60 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.57 |
| KGS Kodiak Gas Services Inc. | Reduce -49.3% | 0.55% | −0.51 |
| CRGY Crescent Energy Inc. Class A | Reduce -22.8% | 1.53% | −0.49 |
| NVDA Nvidia Corp. | Reduce -70.0% | 0.24% | −0.48 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.45 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.42 |
| MTDR Matador Resources Co. | Sold out | 0.00% | −0.41 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.40 |
| FMC FMC Corp. | Sold out | 0.00% | −0.39 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.39 |
| AESI Atlas Energy Solutions Inc. | Sold out | 0.00% | −0.37 |
| VLO Valero Energy Corp. | Reduce -77.9% | 0.11% | −0.30 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.28 |
| PHIN Phinia Inc. | Reduce -38.3% | 0.87% | −0.28 |
| PSX Phillips 66 | Sold out | 0.00% | −0.27 |
| DAN Dana Inc. | Reduce -42.9% | 0.40% | −0.23 |
| TEL Te Connectivity PLC | Reduce -67.4% | 0.14% | −0.21 |
| CAT Caterpillar Inc. | Reduce -39.6% | 0.48% | −0.20 |
| GT Goodyear Tire & Rubber Co. | Sold out | 0.00% | −0.19 |
| ROK Rockwell Automation Inc. | Reduce -38.6% | 0.28% | −0.18 |
| EQT Eqt Corp. | Reduce -8.9% | 0.72% | −0.18 |
| POWL Powell Industries Inc. | Sold out | 0.00% | −0.17 |
| SM SM Energy Co. | Reduce -37.5% | 0.23% | −0.15 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Sold out | 0.00% | −0.15 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.15 |
| XME SS SPDR S&P Metals Mining | Sold out | 0.00% | −0.14 |
| OC Owens Corning | Reduce -45.8% | 0.15% | −0.14 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.13 |
| GM General Motors Co. | Reduce -22.4% | 1.27% | −0.13 |
| CVX Chevron Corp. | Reduce -17.8% | 0.60% | −0.11 |
| APTV Aptiv PLC | Reduce -22.7% | 1.29% | −0.11 |
Portfolio Buys Q2 2025 → Q3 2025
| VNOM Viper Energy Inc. | Add +452.4% | 3.46% | +2.80 |
| ETR Entergy Corp. | Add +89.2% | 5.54% | +2.78 |
| CTRA Coterra Energy Inc. | Add +308.9% | 3.04% | +2.20 |
| PPL PPL Corp. | New | 2.14% | +2.14 |
| NI Nisource Inc. | Add +94.5% | 3.93% | +1.94 |
| XEL Xcel Energy Inc. | Add +41.3% | 5.13% | +1.89 |
| TBN Tamboran Resources Corp. | Add +44.0% | 2.59% | +1.11 |
| AROC Archrock Inc. | New | 1.07% | +1.07 |
| SU Suncor Energy Inc. | New | 0.89% | +0.89 |
| FE Firstenergy Corp. | New | 0.85% | +0.85 |
| KEX Kirby Corp. | Add +277.1% | 1.24% | +0.77 |
| MP MP Materials Corp. | Add +103.2% | 0.88% | +0.66 |
| VST Vistra Corp. | New | 0.64% | +0.64 |
| RAL Ralliant Corp. | New | 0.56% | +0.56 |
| CNP Centerpoint Energy Inc. | Add +19.4% | 3.48% | +0.56 |
| NB Niocorp Developments Ltd. | New | 0.53% | +0.53 |
| LIN Linde PLC | New | 0.51% | +0.51 |
| GPOR Gulfport Energy Corp. | Add +47.3% | 2.46% | +0.50 |
| UTL Unitil Corp. | New | 0.45% | +0.45 |
| GPI Group 1 Automotive Inc. | Add +111.5% | 0.89% | +0.45 |
| AXTA Axalta Coating Systems Ltd. | New | 0.43% | +0.43 |
| AEE Ameren Corporation | Add +8.3% | 4.06% | +0.41 |
| PR Permian Resources Corp. Class A | New | 0.38% | +0.38 |
| FANG Diamondback Energy Inc. | Add +105.4% | 0.73% | +0.37 |
| DINO HF Sinclair Corp. | Add +128.6% | 0.53% | +0.34 |
| DCH Dauch Corporation | Add +21.8% | 0.81% | +0.33 |
| VC Visteon Corp. | New | 0.27% | +0.27 |
| OTIS Otis Worldwide Corp. | New | 0.27% | +0.27 |
| ITW Illinois Tool Works | New | 0.27% | +0.27 |
| TTI Tetra Technologies Inc. | New | 0.26% | +0.26 |
| EE Excelerate Energy Inc. Class A | New | 0.26% | +0.26 |
| ALV Autoliv Inc. | Add +187.5% | 0.39% | +0.26 |
| DD Dupont DE Nemours Inc. | New | 0.25% | +0.25 |
| GWW WW Grainger Inc. | New | 0.25% | +0.25 |
| NSP Insperity Inc. | New | 0.25% | +0.25 |
| MGY Magnolia Oil & Gas Corp. Class A | New | 0.25% | +0.25 |
| GLD SPDR Gold Shares | New | 0.23% | +0.23 |
| USAR USA Rare Earth Inc. | New | 0.22% | +0.22 |
| EVGO Evgo Inc. | Add +13.8% | 0.76% | +0.21 |
| CPER United States Copper Index | New | 0.21% | +0.21 |
| RACE Ferrari NV | New | 0.21% | +0.21 |
| ABG Asbury Automotive Group | New | 0.19% | +0.19 |
| PAG Penske Automotive Group Inc. | Add +56.9% | 0.47% | +0.16 |
| CHRD Chord Energy Corp. | Add +8.1% | 3.11% | +0.14 |
| NXPI NXP Semiconductors NV | Add +38.0% | 0.47% | +0.12 |
| BKV BKV Corporation | Add +23.6% | 1.13% | +0.12 |
| MBLY Mobileye Global Inc. Class A | New | 0.12% | +0.12 |
| INR Infinity Natural Resour Class A | Add +160.7% | 0.24% | +0.10 |
| ON On Semiconductor | New | 0.10% | +0.10 |
| ORLY O'reilly Automotive Inc. | Add +35.1% | 0.29% | +0.10 |
Options Activity Q2 2025 → Q3 2025
| OKLO INC | put | New | 450 | $977K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | Reduce -2.6% | 6,108,275 | $4.6M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Sold out | 8,000,000 | $2.0Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -2.9% | 971,000 | $894K |
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 |