We are live on ! Find out more
HHAM

HITE Hedge Asset Management Portfolio holdings

AUM $1.77B
1-Year Est. Return 38.67%
This Fund
S&P 500
This Quarter Est. Return
-10.55%
1 Year Est. Return
+38.67%
3 Year Est. Return
+57.92%
5 Year Est. Return
+95.85%
10 Year Est. Return
+238.71%
AUM
$488M
AUM Growth
-$145M
Cap. Flow
-$68.2M
Cap. Flow %
-13.98%
Top 10 Hldgs %
56.5%
Holding
86
New
15
Increased
20
Reduced
27
Closed
16

Top Buys

Rank Stock Value
1
TRGP icon
Targa Resources
TRGP
+$25.3M
2
AR icon
Antero Resources
AR
+$25M
3
EPD icon
Enterprise Products Partners
EPD
+$21.7M
4
SBE.U
Switchback Energy Acquisition Corporation
SBE.U
+$20M
5
PAA icon
Plains All American Pipeline
PAA
+$10.7M

Top Sells

Rank Stock Value
1
PSXP
PHILLIPS 66 PARTNERS LP
PSXP
+$35.4M
2
VNOM icon
Viper Energy
VNOM
+$34.2M
3
PAGP icon
Plains GP Holdings
PAGP
+$26.5M
4
CNXM
CNX Midstream Partners LP
CNXM
+$17M
5
MNRL
Brigham Minerals, Inc. Class A Common Stock
MNRL
+$13.6M

Sector Composition

Rank Sector Weight
1 Energy 72.7%
2 Industrials 4.06%
3 Materials 1.3%
4 Technology 0.34%
5 Healthcare 0.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HESM icon
26
Hess Midstream
HESM
$5.23B
$5.23M 1.07%
271,566
-229,701
-46% -$4.47M
SHLL.U
27
DELISTED
Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half
SHLL.U
$5.04M 1.03%
500,000
– –
SEMG
28
DELISTED
SEMGROUP CORPORATION
SEMG
$3.29M 0.67%
+201,397
New +$2.35M
LQD icon
29
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
$2.92M 0.6%
+22,925
New +$2.89M
EQM
30
DELISTED
EQM Midstream Partners, LP
EQM
$2.92M 0.6%
89,135
-94,177
-51% -$3.31M
NBLX
31
DELISTED
Noble Midstream Partners LP
NBLX
$2.87M 0.59%
119,029
-181,538
-60% -$5.06M
NML
32
Neuberger Energy Infrastructure and Income Fund Inc
NML
$592M
$2.81M 0.58%
390,327
+130,480
+50% +$944K
OMP
33
DELISTED
Oasis Midstream Partners LP Common Units Representing Limited Partner Interests
OMP
$2.64M 0.54%
165,476
-350,207
-68% -$6.37M
EMO
34
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
$2.6M 0.53%
59,896
+7,483
+14% +$335K
CNXM
35
DELISTED
CNX Midstream Partners LP
CNXM
$2.45M 0.5%
173,482
-1,183,044
-87% -$17M
GLOG
36
DELISTED
GASLOG LTD
GLOG
$2.38M 0.49%
184,868
+142,238
+334% +$1.9M
CTR
37
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
$2.15M 0.44%
48,168
+7,938
+20% +$361K
FPL
38
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
$1.9M 0.39%
204,100
-14,333
-7% -$134K
STNG icon
39
Scorpio Tankers
STNG
$3.89B
$1.8M 0.37%
+60,517
New +$1.67M
VCSH icon
40
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.6B
$1.55M 0.32%
+19,190
New +$1.55M
EQT icon
41
EQT Corp
EQT
$33.5B
$1.19M 0.24%
111,940
+80,519
+256% +$1.04M
PE
42
DELISTED
PARSLEY ENERGY INC
PE
$1.16M 0.24%
68,961
-25,575
-27% -$439K
MSFT icon
43
Microsoft
MSFT
$3.62T
$1.1M 0.23%
7,932
+2,594
+49% +$357K
OVV icon
44
Ovintiv
OVV
$17.1B
$818K 0.17%
35,545
-28,316
-44% -$648K
BP icon
45
BP
BP
$114B
$813K 0.17%
+21,400
New +$817K
PDCE
46
DELISTED
PDC Energy, Inc.
PDCE
$738K 0.15%
26,580
+4,437
+20% +$133K
FANG icon
47
Diamondback Energy
FANG
$55.9B
$726K 0.15%
8,077
-2,595
-24% -$258K
NESR
48
National Energy Services Reunited Corp
NESR
$2.8B
$688K 0.14%
103,055
-15,226
-13% -$118K
NOG icon
49
Northern Oil and Gas
NOG
$2.25B
$675K 0.14%
34,448
+19,940
+137% +$366K
SEI
50
Solaris Energy Infrastructure
SEI
$3.4B
$598K 0.12%
+44,584
New +$609K
1
2
3 4

Similar funds

GD
Grandfield & Dodd New York $1.77B AUM 23.43% 1-Year Est. Return
CGH
Contrarius Group Holdings Hamilton, Bermuda $1.77B AUM 83.15% 1-Year Est. Return
BCMIO
Beacon Capital Management Inc (Ohio) Dayton, Ohio $1.78B AUM 14.7% 1-Year Est. Return
SW
Simplicity Wealth Summit, New Jersey $1.76B AUM 20.49% 1-Year Est. Return
UF
Univest Financial Souderton, Pennsylvania $1.78B AUM 22.52% 1-Year Est. Return
OAM
Ostrum Asset Management Paris, France $1.78B AUM 27.8% 1-Year Est. Return
SLF
Sun Life Financial Toronto, Ontario, Canada $1.76B AUM 19.57% 1-Year Est. Return
EFS
Essex Financial Services Essex, Connecticut $1.78B AUM 23.37% 1-Year Est. Return

HITE Hedge Asset Management's Q3 2019 Portfolio in Review

As of Q3 2019, HITE Hedge Asset Management held 86 positions worth $488M, down 23% from $633M the previous quarter. Its ten largest holdings account for 57% of the portfolio.

HITE Hedge Asset Management withdrew a net $68.2M in Q3 2019, closing 16 positions and reducing 27 holdings. Its most notable exit was PHILLIPS 66 PARTNERS LP, an estimated $35.4M position sold in full.

By sector, the portfolio is most concentrated in Energy at 73% of assets, down from 79% a quarter earlier, followed by Industrials and Materials.

Against the trend, HITE Hedge Asset Management opened a new position in Switchback Energy Acquisition Corporation worth $20M.

  • HITE Hedge Asset Management's largest Q3 2019 buy was Switchback Energy Acquisition Corporation: 2,000,000 shares worth $20M.
  • HITE Hedge Asset Management added most to Targa Resources in Q3 2019, an estimated $25.3M increase.
  • HITE Hedge Asset Management's biggest Q3 2019 reduction was Viper Energy, cutting an estimated $34.2M.
  • HITE Hedge Asset Management fully exited PHILLIPS 66 PARTNERS LP in Q3 2019, selling an estimated $35.4M.
  • HITE Hedge Asset Management's ten largest holdings make up 57% of its $488M portfolio in Q3 2019.
  • HITE Hedge Asset Management opened 15 new positions and closed 16 in Q3 2019.
  • HITE Hedge Asset Management's portfolio value fell 23% quarter-over-quarter to $488M.

Based on HITE Hedge Asset Management's 13F filing for Q3 2019, filed 14 Nov 2019.