HITE Hedge Asset Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), HITE Hedge Asset Management LLC reported 116 stock positions worth $1.6 billion. Its top holding was Portland General Electric (POR) at 8.2% of the portfolio, followed by Xcel Energy (XEL, 7.9%) and Entergy (ETR, 6.3%). Compared with Q3 2025, it opened 42 new positions, sold out of 39, added to 27 and reduced 43. The biggest buy was Portland General Electric (POR, shares +28%) and the biggest sale DTE Energy (DTE, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- BRAINTREE, MA
- CIK
- 0001568939
- Portfolio Value
- $1.6B (Q4 2025)
- SEC Filing
- 0001062993-26-000890 ↗ filed Feb 13, 2026
Holdings Value
Holdings 116 stocks · $1.6B
| POR Portland General Electric Co. | 8.17% | 2,654,761 | $127.4M | Add +27.7% |
| XEL Xcel Energy Inc. | 7.90% | 1,668,743 | $123.3M | Add +42.7% |
| ETR Entergy Corp. | 6.30% | 1,062,870 | $98.2M | Reduce -2.7% |
| DTE DTE Energy Company | 3.90% | 471,367 | $60.8M | Reduce -47.9% |
| NI Nisource Inc. | 3.80% | 1,420,828 | $59.3M | Reduce -14.7% |
| AEE Ameren Corporation | 3.57% | 557,700 | $55.7M | Reduce -22.0% |
| TBN Tamboran Resources Corp. | 3.55% | 2,036,603 | $55.5M | Add +17.2% |
| EQT Eqt Corp. | 2.84% | 825,515 | $44.2M | Add +239.8% |
| EVRG Evergy Inc. | 2.72% | 586,192 | $42.5M | Reduce -23.6% |
| ADNT Adient PLC | 2.36% | 1,924,117 | $36.9M | Reduce -2.9% |
| LNT Alliant Energy Corp. | 2.09% | 500,591 | $32.5M | Add +22.2% |
| AEP American Electric Power | 2.05% | 277,787 | $32.0M | New |
| MGY Magnolia Oil & Gas Corp. Class A | 2.04% | 1,454,388 | $31.8M | Add +661.5% |
| CTRA Coterra Energy Inc. | 2.03% | 1,203,829 | $31.7M | Reduce -49.0% |
| OVV Ovintiv Inc. | 2.00% | 794,980 | $31.2M | New |
| SU Suncor Energy Inc. | 1.99% | 698,673 | $31.0M | Add +78.7% |
| VNOM Viper Energy Inc. | 1.80% | 726,136 | $28.1M | Reduce -56.3% |
| BKV BKV Corporation | 1.74% | 1,000,839 | $27.2M | Add +11.5% |
| KRSP Rice Acquisition Corp. 3-A | 1.51% | 2,300,654 | $23.6M | New |
| CHRD Chord Energy Corp. | 1.47% | 247,048 | $22.9M | Reduce -57.1% |
| CRGY Crescent Energy Inc. Class A | 1.44% | 2,678,232 | $22.5M | Reduce -15.1% |
| F Ford Motor Co. filed as FORD MTR CO | 1.22% | 1,452,916 | $19.1M | New |
| ES Eversource Energy | 1.21% | 280,391 | $18.9M | New |
| Q Qnity Electronics Inc. | 1.14% | 217,384 | $17.7M | Add +624.6% |
| BETA Beta Technologies Inc. Class A | 1.11% | 612,868 | $17.3M | New |
| PHIN Phinia Inc. | 0.97% | 241,116 | $15.1M | Reduce -13.1% |
| FE Firstenergy Corp. | 0.96% | 334,504 | $15.0M | Reduce -1.4% |
| GM General Motors Co. | 0.95% | 182,460 | $14.8M | Reduce -52.2% |
| NESR National Energy Services Reu | 0.92% | 919,381 | $14.4M | Add +43.7% |
| GPI Group 1 Automotive Inc. | 0.89% | 35,263 | $13.9M | Reduce -5.5% |
| PPL PPL Corp. | 0.89% | 394,351 | $13.8M | Reduce -62.7% |
| DAN Dana Inc. | 0.87% | 570,607 | $13.6M | Add +56.2% |
| MDU Mdu Resources Group Inc. | 0.86% | 690,000 | $13.5M | New |
| MP MP Materials Corp. | 0.85% | 263,099 | $13.3M | Add +8.7% |
| TM Toyota Motor Corp. -Spon ADR | 0.69% | 50,609 | $10.8M | Reduce -55.5% |
| BTE Baytex Energy Corp. | 0.69% | 3,311,203 | $10.7M | New |
| OKE Oneok Inc. | 0.68% | 143,546 | $10.6M | New |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.66% | 152,665 | $10.3M | New |
| DINO HF Sinclair Corp. | 0.65% | 219,672 | $10.1M | Add +18.9% |
| FDX FedEx Corp. | 0.63% | 34,025 | $9.8M | New |
| DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN | 0.61% | 1,472,714 | $9.4M | Reduce -40.6% |
| CVX Chevron Corp. | 0.59% | 59,944 | $9.1M | Reduce -15.8% |
| COP Conocophillips | 0.57% | 95,770 | $9.0M | Reduce -83.0% |
| UTL Unitil Corp. | 0.57% | 182,218 | $8.8M | Add +4.6% |
| STLA Stellantis NV | 0.56% | 797,453 | $8.7M | Add +72.9% |
| KGS Kodiak Gas Services Inc. | 0.55% | 231,116 | $8.6M | Reduce -14.8% |
| ITRI Itron Inc. | 0.55% | 92,298 | $8.6M | New |
| STRL Sterling Infrastructure Inc. | 0.53% | 26,755 | $8.2M | New |
| CNP Centerpoint Energy Inc. | 0.51% | 207,033 | $7.9M | Reduce -87.4% |
| ABG Asbury Automotive Group | 0.51% | 34,082 | $7.9M | Add +143.2% |
| OC Owens Corning | 0.49% | 67,790 | $7.6M | Add +238.9% |
| OKLO Oklo Inc. | 0.48% | 103,643 | $7.4M | Reduce -30.3% |
| RAL Ralliant Corp. | 0.46% | 141,390 | $7.2M | Reduce -40.4% |
| EMR Emerson Electric Co. | 0.44% | 51,325 | $6.8M | New |
| GLNG Golar LNG Ltd. | 0.42% | 176,977 | $6.6M | New |
| GPOR Gulfport Energy Corp. | 0.39% | 28,977 | $6.0M | Reduce -88.4% |
| OSK Oshkosh Corp. | 0.37% | 46,336 | $5.8M | Add +1566.2% |
| AREC American Resources Corp. | 0.37% | 2,318,401 | $5.7M | New |
| WBI Waterbridge Infrastruc Class A | 0.37% | 284,689 | $5.7M | Add +381.3% |
| AR Antero Resources Corp. | 0.36% | 162,709 | $5.6M | Reduce -78.5% |
| PCAR Paccar Inc. | 0.36% | 50,758 | $5.6M | New |
| EE Excelerate Energy Inc. Class A | 0.35% | 191,930 | $5.4M | Add +1.1% |
| TTI Tetra Technologies Inc. | 0.34% | 571,133 | $5.4M | Reduce -32.1% |
| HYLN Hyliion Holdings Corp. | 0.33% | 2,827,742 | $5.2M | Add +121.9% |
| CDE Coeur Mining Inc. | 0.31% | 274,671 | $4.9M | New |
| EVGO Evgo Inc. | 0.30% | 1,624,427 | $4.7M | Reduce -44.9% |
| USAR USA Rare Earth Inc. | 0.28% | 368,918 | $4.4M | Add +59.6% |
| WLK Westlake Corp. | 0.25% | 52,153 | $3.9M | Reduce -47.9% |
| IDR Idaho Strategic Resources Inc. | 0.24% | 91,930 | $3.7M | New |
| EXE Expand Energy Corp. | 0.23% | 33,056 | $3.6M | New |
| NVT Nvent Electric PLC | 0.22% | 34,309 | $3.5M | New |
| AES AES Corp. | 0.22% | 241,451 | $3.5M | New |
| MTZ Mastec Inc. | 0.22% | 15,864 | $3.4M | New |
| NB Niocorp Developments Ltd. | 0.22% | 634,906 | $3.4M | Reduce -56.6% |
| GEV GE Vernova Inc. | 0.21% | 5,000 | $3.3M | New |
| TEL Te Connectivity PLC | 0.21% | 14,068 | $3.2M | Add +18.5% |
| SOLS Solstice Adv Materials Inc. | 0.20% | 64,536 | $3.1M | New |
| SM SM Energy Co. | 0.20% | 166,923 | $3.1M | Reduce -0.4% |
| OLN Olin Corp. | 0.20% | 146,381 | $3.0M | New |
| NVDA Nvidia Corp. | 0.19% | 15,673 | $2.9M | Reduce -34.8% |
| URG Ur-Energy Inc. | 0.18% | 2,065,501 | $2.9M | New |
| MOD Modine Manufacturing Co. | 0.18% | 21,086 | $2.8M | New |
| COPX Global X Copper Miners ETF | 0.18% | 38,231 | $2.7M | New |
| WRD Weride Inc.-ADR | 0.17% | 313,879 | $2.7M | New |
| EVEX Eve Holding Inc. filed as EVE HLDG INC | 0.16% | 619,277 | $2.5M | New |
| ASPI Asp Isotopes Inc. | 0.15% | 449,883 | $2.4M | New |
| LB Landbridge Co. LLC-A | 0.15% | 47,105 | $2.3M | Add +175.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 3,000 | $2.0M | No change |
| MBLY Mobileye Global Inc. Class A | 0.13% | 195,028 | $2.0M | Add +25.7% |
| TSLA Tesla Inc. | 0.13% | 4,479 | $2.0M | New |
| NSP Insperity Inc. | 0.13% | 51,451 | $2.0M | Reduce -45.2% |
| LYFT LYFT Inc. Class A | 0.12% | 96,631 | $1.9M | New |
| BKH Black Hills Corp. | 0.11% | 25,000 | $1.7M | New |
| NPWR Net Power Inc. | 0.11% | 749,091 | $1.7M | Reduce -23.3% |
| APH Amphenol Corp. Class A | 0.10% | 11,790 | $1.6M | Reduce -4.8% |
| APTV Aptiv PLC | 0.08% | 16,797 | $1.3M | Reduce -93.9% |
| AQN Algonquin Power & Utilities | 0.08% | 200,000 | $1.2M | New |
| GNTX Gentex Corp. | 0.07% | 50,186 | $1.2M | New |
| ST Sensata Technologies Holdplc | 0.07% | 33,367 | $1.1M | New |
| INVZ Innoviz Technologies Ltd. | 0.07% | 1,225,704 | $1.0M | Reduce -6.3% |
| RACE Ferrari NV | 0.06% | 2,587 | $956K | Reduce -67.5% |
| ALLY Ally Financial Inc. | 0.06% | 20,869 | $945K | Add +28.1% |
| NXPI NXP Semiconductors NV | 0.06% | 4,324 | $939K | Reduce -88.5% |
| RBA RB Global Inc. | 0.06% | 8,838 | $909K | New |
| WOLF Wolfspeed Inc. | 0.05% | 45,105 | $785K | Reduce -27.6% |
| CRMT America's Car-Mart Inc. | 0.05% | 30,987 | $783K | Add +170.3% |
| ORLY O'reilly Automotive Inc. | 0.04% | 7,653 | $698K | Reduce -84.4% |
| ELVR Elevra Lithium Ltd. | 0.04% | 12,168 | $640K | No change |
| SES Ses AI Corp. | 0.04% | 306,121 | $551K | No change |
| PBR Petroleo Brasileiro-Spon ADR | 0.03% | 45,725 | $542K | Reduce -51.9% |
| HSAI Hesai Group | 0.03% | 21,163 | $474K | Reduce -62.3% |
| AMPX Amprius Technologies Inc. | 0.03% | 57,802 | $456K | No change |
| AMD Advanced Micro Devices | 0.03% | 2,000 | $428K | Reduce -84.0% |
| FRMI Fermi Inc. | 0.02% | 45,413 | $363K | New |
| MRVL Marvell Technology Inc. | 0.02% | 4,000 | $340K | New |
| KMX Carmax Inc. | 0.02% | 7,779 | $301K | New |
Options reported separately and not counted above: USA RARE EARTH INC puts ($743K), MP MATERIALS CORP puts ($473K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $6.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 6,108,275 | $5.2M | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 971,000 | $1.1M | No change |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 383,439 | $307K | New |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q3 2025 → Q4 2025
| DTE DTE Energy Company | Reduce -47.9% | 3.90% | −3.06 |
| CNP Centerpoint Energy Inc. | Reduce -87.4% | 0.51% | −2.97 |
| COP Conocophillips | Reduce -83.0% | 0.57% | −2.33 |
| LAD Lithia Motors Inc. | Sold out | 0.00% | −2.24 |
| GPOR Gulfport Energy Corp. | Reduce -88.4% | 0.39% | −2.07 |
| VNOM Viper Energy Inc. | Reduce -56.3% | 1.80% | −1.66 |
| CHRD Chord Energy Corp. | Reduce -57.1% | 1.47% | −1.64 |
| PPL PPL Corp. | Reduce -62.7% | 0.89% | −1.25 |
| KEX Kirby Corp. | Sold out | 0.00% | −1.24 |
| APTV Aptiv PLC | Reduce -93.9% | 0.08% | −1.21 |
| AROC Archrock Inc. | Sold out | 0.00% | −1.07 |
| AR Antero Resources Corp. | Reduce -78.5% | 0.36% | −1.02 |
| CTRA Coterra Energy Inc. | Reduce -49.0% | 2.03% | −1.01 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.73 |
| VST Vistra Corp. | Sold out | 0.00% | −0.64 |
| ESI Element Solutions Inc. | Sold out | 0.00% | −0.60 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.59 |
| LIN Linde PLC | Sold out | 0.00% | −0.51 |
| AEE Ameren Corporation | Reduce -22.0% | 3.57% | −0.49 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -55.5% | 0.69% | −0.49 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.48 |
| PAG Penske Automotive Group Inc. | Sold out | 0.00% | −0.47 |
| EVGO Evgo Inc. | Reduce -44.9% | 0.30% | −0.46 |
| EVRG Evergy Inc. | Reduce -23.6% | 2.72% | −0.45 |
| AXTA Axalta Coating Systems Ltd. | Sold out | 0.00% | −0.43 |
| XYL Xylem Inc. | Sold out | 0.00% | −0.43 |
| OKLO Oklo Inc. | Reduce -30.3% | 0.48% | −0.43 |
| NXPI NXP Semiconductors NV | Reduce -88.5% | 0.06% | −0.41 |
| ALV Autoliv Inc. | Sold out | 0.00% | −0.39 |
| PR Permian Resources Corp. Class A | Sold out | 0.00% | −0.38 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.37 |
| NB Niocorp Developments Ltd. | Reduce -56.6% | 0.22% | −0.32 |
| GM General Motors Co. | Reduce -52.2% | 0.95% | −0.32 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.28 |
| VC Visteon Corp. | Sold out | 0.00% | −0.27 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.27 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.27 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.27 |
| KNTK Kinetik Holdings Inc. | Sold out | 0.00% | −0.27 |
| DK Delek US Holdings Inc. | Sold out | 0.00% | −0.27 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.25 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.25 |
| ORLY O'reilly Automotive Inc. | Reduce -84.4% | 0.04% | −0.24 |
| INR Infinity Natural Resour Class A | Sold out | 0.00% | −0.24 |
| ADNT Adient PLC | Reduce -2.9% | 2.36% | −0.23 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.23 |
| CPER United States Copper Index | Sold out | 0.00% | −0.21 |
| DCH Dauch Corporation | Reduce -40.6% | 0.61% | −0.21 |
| WLK Westlake Corp. | Reduce -47.9% | 0.25% | −0.17 |
| RACE Ferrari NV | Reduce -67.5% | 0.06% | −0.15 |
Portfolio Buys Q3 2025 → Q4 2025
| POR Portland General Electric Co. | Add +27.7% | 8.17% | +3.19 |
| XEL Xcel Energy Inc. | Add +42.7% | 7.90% | +2.77 |
| EQT Eqt Corp. | Add +239.8% | 2.84% | +2.12 |
| AEP American Electric Power | New | 2.05% | +2.05 |
| OVV Ovintiv Inc. | New | 2.00% | +2.00 |
| MGY Magnolia Oil & Gas Corp. Class A | Add +661.5% | 2.04% | +1.79 |
| KRSP Rice Acquisition Corp. 3-A | New | 1.51% | +1.51 |
| F Ford Motor Co. | New | 1.22% | +1.22 |
| ES Eversource Energy | New | 1.21% | +1.21 |
| BETA Beta Technologies Inc. Class A | New | 1.11% | +1.11 |
| SU Suncor Energy Inc. | Add +78.7% | 1.99% | +1.10 |
| Q Qnity Electronics Inc. | Add +624.6% | 1.14% | +1.00 |
| TBN Tamboran Resources Corp. | Add +17.2% | 3.55% | +0.96 |
| MDU Mdu Resources Group Inc. | New | 0.86% | +0.86 |
| BTE Baytex Energy Corp. | New | 0.69% | +0.69 |
| OKE Oneok Inc. | New | 0.68% | +0.68 |
| IFF Intl Flavors & Fragrances | New | 0.66% | +0.66 |
| FDX FedEx Corp. | New | 0.63% | +0.63 |
| BKV BKV Corporation | Add +11.5% | 1.74% | +0.61 |
| LNT Alliant Energy Corp. | Add +22.2% | 2.09% | +0.58 |
| NESR National Energy Services Reu | Add +43.7% | 0.92% | +0.57 |
| ITRI Itron Inc. | New | 0.55% | +0.55 |
| STRL Sterling Infrastructure Inc. | New | 0.53% | +0.53 |
| DAN Dana Inc. | Add +56.2% | 0.87% | +0.47 |
| EMR Emerson Electric Co. | New | 0.44% | +0.44 |
| GLNG Golar LNG Ltd. | New | 0.42% | +0.42 |
| AREC American Resources Corp. | New | 0.37% | +0.37 |
| PCAR Paccar Inc. | New | 0.36% | +0.36 |
| OSK Oshkosh Corp. | Add +1566.2% | 0.37% | +0.35 |
| OC Owens Corning | Add +238.9% | 0.49% | +0.33 |
| STLA Stellantis NV | Add +72.9% | 0.56% | +0.32 |
| ABG Asbury Automotive Group | Add +143.2% | 0.51% | +0.32 |
| CDE Coeur Mining Inc. | New | 0.31% | +0.31 |
| WBI Waterbridge Infrastruc Class A | Add +381.3% | 0.37% | +0.28 |
| IDR Idaho Strategic Resources Inc. | New | 0.24% | +0.24 |
| EXE Expand Energy Corp. | New | 0.23% | +0.23 |
| NVT Nvent Electric PLC | New | 0.22% | +0.22 |
| AES AES Corp. | New | 0.22% | +0.22 |
| MTZ Mastec Inc. | New | 0.22% | +0.22 |
| GEV GE Vernova Inc. | New | 0.21% | +0.21 |
| SOLS Solstice Adv Materials Inc. | New | 0.20% | +0.20 |
| HYLN Hyliion Holdings Corp. | Add +121.9% | 0.33% | +0.20 |
| OLN Olin Corp. | New | 0.20% | +0.20 |
| URG Ur-Energy Inc. | New | 0.18% | +0.18 |
| MOD Modine Manufacturing Co. | New | 0.18% | +0.18 |
| COPX Global X Copper Miners ETF | New | 0.18% | +0.18 |
| WRD Weride Inc.-ADR | New | 0.17% | +0.17 |
| EVEX Eve Holding Inc. | New | 0.16% | +0.16 |
| ASPI Asp Isotopes Inc. | New | 0.15% | +0.15 |
| TSLA Tesla Inc. | New | 0.13% | +0.13 |
Options Activity Q3 2025 → Q4 2025
| OKLO INC | put | Sold out | 450 | $977Kbefore exit |
| USA RARE EARTH INC | put | New | 2,250 | $743K |
| MP MATERIALS CORP | put | New | 2,250 | $473K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | New | 383,439 | $307K |
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 |