HITE Hedge Asset Management Portfolio holdings
HITE Hedge Asset Management is a hedge fund firm that focuses on energy, taking long and short positions in energy companies, utilities and renewable energy to profit from price gaps between them. It combines a large set of proprietary data models with its managers' judgment, and it runs several hedge funds plus a few individually managed portfolios. The firm began in 2003 and started managing money in 2004; its founder, James Jampel, retired in May 2025, and Matt Niblack owns it.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Devon Energy
DVN
|
+$104M |
| 2 |
Gulfport Energy Corp
GPOR
|
+$46.1M |
| 3 |
Suncor Energy
SU
|
+$39.7M |
| 4 |
PPL Corp
PPL
|
+$36.9M |
| 5 |
Golar LNG
GLNG
|
+$35.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coterra Energy
CTRA
|
+$65.6M |
| 2 |
Diamondback Energy
FANG
|
+$43.5M |
| 3 |
Forgent Power Solutions
FPS
|
+$28.5M |
| 4 |
Portland General Electric
POR
|
+$28.2M |
| 5 |
Ford
F
|
+$27.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Utilities | 44.04% |
| 2 | Energy | 34.09% |
| 3 | Consumer Discretionary | 9.34% |
| 4 | Industrials | 6.48% |
| 5 | Materials | 2.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Portland General Electric
POR
$5.48B
| $111M | 6.06% |
2,133,988
-557,008
| -21% | -$28.2M |
2020 Q4
22 quarters
|
|
2
Entergy
ETR
$53.4B
| $99.4M | 5.45% |
865,782
+102,704
| +13% | +$11.6M |
2020 Q4
22 quarters
|
|
3
Tamboran Resources
TBN
$1B
| $93.7M | 5.13% |
2,881,804
+805,489
| +39% | +$28.8M |
2024 Q2
8 quarters
|
|
|
4
Devon Energy
DVN
$48.3B
| $93.1M | 5.1% |
+2,253,574
| New | +$104M |
2026 Q2
0 quarters
|
|
5
DTE Energy
DTE
$28.8B
| $87.8M | 4.81% |
576,287
+64,920
| +13% | +$9.48M |
2022 Q2
16 quarters
|
|
6
Xcel Energy
XEL
$51.5B
| $85.2M | 4.66% |
1,060,792
-99,307
| -9% | -$7.93M |
2023 Q3
11 quarters
|
|
|
7
Gulfport Energy Corp
GPOR
$2.71B
| $68.5M | 3.75% |
403,403
+255,201
| +172% | +$46.1M |
2025 Q1
5 quarters
|
|
8
MDU Resources
MDU
$4.11B
| $66.5M | 3.64% |
3,137,305
+1,587,305
| +102% | +$34.5M |
2025 Q4
2 quarters
|
|
9
American Electric Power
AEP
$69.9B
| $51.5M | 2.82% |
376,380
+49,964
| +15% | +$6.58M |
2025 Q4
2 quarters
|
|
|
10
PPL Corp
PPL
$26.9B
| $50.6M | 2.77% |
1,392,576
+998,225
| +253% | +$36.9M |
2025 Q3
3 quarters
|
|
|
11
Suncor Energy
SU
$77.6B
| $48.2M | 2.64% |
898,053
+627,388
| +232% | +$39.7M |
2025 Q3
3 quarters
|
|
12
Ameren
AEE
$31.6B
| $47.1M | 2.58% |
416,326
-5,938
| -1% | -$656K |
2024 Q1
9 quarters
|
|
13
Viper Energy
VNOM
$7.75B
| $46.1M | 2.52% |
1,086,613
+458,648
| +73% | +$21.2M |
2025 Q2
4 quarters
|
|
14
Alliant Energy
LNT
$19.1B
| $41.6M | 2.28% |
545,246
+95,655
| +21% | +$6.97M |
2025 Q1
5 quarters
|
|
15
NiSource
NI
$21.6B
| $39.9M | 2.19% |
839,916
-37,524
| -4% | -$1.78M |
2020 Q4
22 quarters
|
|
16
Adient
ADNT
$1.22B
| $39.9M | 2.18% |
2,170,567
+373,915
| +21% | +$7.99M |
2023 Q2
12 quarters
|
|
17
Chord Energy
CHRD
$7.31B
| $35.7M | 1.95% |
312,317
+52,184
| +20% | +$7.08M |
2024 Q2
8 quarters
|
|
18
Evergy
EVRG
$20.6B
| $34M | 1.86% |
393,514
-87,381
| -18% | -$7.23M |
2020 Q4
22 quarters
|
|
|
19
Golar LNG
GLNG
$4.45B
| $33.1M | 1.81% |
+663,403
| New | +$35.1M |
2026 Q2
0 quarters
|
|
20
Beta Technologies Inc
BETA
$6.7B
| $31.7M | 1.74% |
1,892,275
-6,284
| -0.3% | -$105K |
2025 Q4
2 quarters
|
|
21
Pinnacle West Capital
PNW
$12.8B
| $26.7M | 1.46% |
+249,955
| New | +$25.6M |
2026 Q2
0 quarters
|
|
22
Versigent PLC
VGNT
$2.95B
| $26.3M | 1.44% |
626,080
+605,623
| +2,960% | +$24.1M |
2026 Q1
1 quarter
|
|
23
Consolidated Edison
ED
$43.9B
| $25.8M | 1.41% |
233,409
-16,622
| -7% | -$1.81M |
2026 Q1
1 quarter
|
|
24
Williams Companies
WMB
$83.1B
| $25.7M | 1.4% |
345,107
-39,867
| -10% | -$2.93M |
2026 Q1
1 quarter
|
|
25
BKV Corp
BKV
$1.99B
| $24.8M | 1.36% |
905,541
+50,060
| +6% | +$1.38M |
2024 Q3
7 quarters
|
|
Similar funds
HITE Hedge Asset Management's Q2 2026 Portfolio in Review
As of Q2 2026, HITE Hedge Asset Management held 172 positions worth $1.83B, up 3.1% from $1.77B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
HITE Hedge Asset Management deployed $145M of net new capital in Q2 2026, opening 46 new positions and adding to 32 existing holdings. Its largest new stake was Devon Energy: 2,253,574 shares worth $93.1M.
By sector, the portfolio is most concentrated in Utilities at 44% of assets, up from 41% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Portland General Electric, an estimated $28.2M trimmed.
- HITE Hedge Asset Management's largest Q2 2026 buy was Devon Energy: 2,253,574 shares worth $93.1M.
- HITE Hedge Asset Management added most to Gulfport Energy Corp in Q2 2026, an estimated $46.1M increase.
- HITE Hedge Asset Management's biggest Q2 2026 reduction was Portland General Electric, cutting an estimated $28.2M.
- HITE Hedge Asset Management fully exited Coterra Energy in Q2 2026, selling an estimated $65.6M.
- HITE Hedge Asset Management's ten largest holdings make up 44% of its $1.83B portfolio in Q2 2026.
- HITE Hedge Asset Management opened 46 new positions and closed 47 in Q2 2026.
- HITE Hedge Asset Management's portfolio value rose 3.1% quarter-over-quarter to $1.83B.
Based on HITE Hedge Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.