We are live on
!
Find out more
HHAM
HITE Hedge Asset Management Portfolio holdings
AUM
$1.83B
1-Year Est. Return
34.36%
This Fund
S&P 500
This Quarter
Est. Return
+0.51%
1 Year Est. Return
+34.36%
3 Year Est. Return
+54.42%
5 Year Est. Return
+75.24%
10 Year Est. Return
+149.82%
AUM
$866M
AUM Growth
-$471M
(-35%)
Cap. Flow
-$475M
Cap. Flow
% of AUM
-54.85%
Top 10 Holdings %
Top 10 Hldgs %
43.39%
Holding
115
New
20
Increased
24
Reduced
35
Closed
27
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PR
Permian Resources
PR
|
+$21.9M |
| 2 |
Kodiak Gas Services
KGS
|
+$17.6M |
| 3 |
Spire
SR
|
+$17.5M |
| 4 |
Toyota
TM
|
+$14.2M |
| 5 |
MRO
Marathon Oil Corporation
MRO
|
+$12.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DTE Energy
DTE
|
+$56.2M |
| 2 |
ConocoPhillips
COP
|
+$42.7M |
| 3 |
Murphy Oil
MUR
|
+$42.6M |
| 4 |
Targa Resources
TRGP
|
+$37.5M |
| 5 |
Entergy
ETR
|
+$36.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 43.02% |
| 2 | Utilities | 36.44% |
| 3 | Consumer Discretionary | 9.8% |
| 4 | Industrials | 3.89% |
| 5 | Materials | 3.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
NET Power
NPWR
$155M
| $10.8M | 1.25% |
830,913
-197,470
| -19% | -$2.19M |
|
27
Visteon
VC
$2.6B
| $10.5M | 1.21% |
73,017
+25,065
| +52% | +$3.57M |
|
|
PDCE
28
DELISTED
PDC Energy, Inc.
PDCE
| $10.2M | 1.18% |
143,400
-434,379
| -75% | -$29.3M |
|
29
Adient
ADNT
$1.41B
| $8.88M | 1.03% |
+231,699
| New | +$8.56M |
|
30
Talos Energy
TALO
$2.91B
| $8.31M | 0.96% |
598,967
+208,545
| +53% | +$2.81M |
|
31
CenterPoint Energy
CNP
$25.2B
| $7.93M | 0.92% |
272,090
-409,199
| -60% | -$12.1M |
|
32
CMS Energy
CMS
$20.7B
| $7.51M | 0.87% |
127,784
-21,471
| -14% | -$1.3M |
|
|
DCH
33
Dauch Corp
DCH
$1.43B
| $7.48M | 0.86% |
904,702
+144,235
| +19% | +$1.07M |
|
34
Sensata Technologies
ST
$6.1B
| $7.38M | 0.85% |
163,981
+148,066
| +930% | +$6.5M |
|
35
Pinnacle West Capital
PNW
$11.5B
| $7.36M | 0.85% |
90,345
+39,496
| +78% | +$3.15M |
|
36
Comstock Resources
CRK
$3.85B
| $7.04M | 0.81% |
+606,836
| New | +$6.32M |
|
37
Antero Midstream
AM
$10B
| $6.58M | 0.76% |
567,279
-264,336
| -32% | -$2.81M |
|
38
CSX Corp
CSX
$88.7B
| $6.43M | 0.74% |
188,620
+61,761
| +49% | +$1.95M |
|
|
PPL
39
PPL Corp
PPL
$25.1B
| $6.05M | 0.7% |
228,535
-796,994
| -78% | -$22M |
|
|
40
ConocoPhillips
COP
$159B
| $5.73M | 0.66% |
55,287
-415,444
| -88% | -$42.7M |
|
41
Magnolia Oil & Gas
MGY
$7.03B
| $5.61M | 0.65% |
+268,502
| New | +$5.55M |
|
42
Stem
STEM
$43M
| $5.38M | 0.62% |
47,039
+949
| +2% | +$94.2K |
|
43
DT Midstream
DTM
$12.8B
| $5.35M | 0.62% |
+107,880
| New | +$5.16M |
|
44
Olin
OLN
$1.94B
| $5.3M | 0.61% |
103,133
-4,380
| -4% | -$233K |
|
45
Norfolk Southern
NSC
$71.2B
| $5.01M | 0.58% |
22,093
-14,127
| -39% | -$3M |
|
46
Public Service Enterprise Group
PEG
$35.1B
| $4.88M | 0.56% |
77,872
-96,167
| -55% | -$6M |
|
47
RPM International
RPM
$12.7B
| $4.83M | 0.56% |
53,807
+13,023
| +32% | +$1.07M |
|
48
Tesla
TSLA
$1.41T
| $4.79M | 0.55% |
+18,292
| New | +$3.66M |
|
49
DuPont de Nemours
DD
$17.2B
| $4.65M | 0.54% |
+51,845
| New | +$4.46M |
|
50
Microsoft
MSFT
$3.64T
| $4.57M | 0.53% |
13,412
| – | – |
|
Similar funds
TCC
NNPTE
SRIM
NRI
RC
SWA
SGI
WIC
HITE Hedge Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, HITE Hedge Asset Management held 115 positions worth $866M, down 35% from $1.34B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
HITE Hedge Asset Management withdrew a net $475M in Q2 2023, closing 27 positions and reducing 35 holdings. Its most notable exit was Xcel Energy, an estimated $27.2M position sold in full.
By sector, the portfolio is most concentrated in Energy at 43% of assets, down from 43% a quarter earlier, followed by Utilities and Consumer Discretionary.
Against the trend, HITE Hedge Asset Management opened a new position in Kodiak Gas Services worth $17.9M.
- HITE Hedge Asset Management's largest Q2 2023 buy was Kodiak Gas Services: 1,100,000 shares worth $17.9M.
- HITE Hedge Asset Management added most to Permian Resources in Q2 2023, an estimated $21.9M increase.
- HITE Hedge Asset Management's biggest Q2 2023 reduction was DTE Energy, cutting an estimated $56.2M.
- HITE Hedge Asset Management fully exited Xcel Energy in Q2 2023, selling an estimated $27.2M.
- HITE Hedge Asset Management's ten largest holdings make up 43% of its $866M portfolio in Q2 2023.
- HITE Hedge Asset Management opened 20 new positions and closed 27 in Q2 2023.
- HITE Hedge Asset Management's portfolio value fell 35% quarter-over-quarter to $866M.
Based on HITE Hedge Asset Management's 13F filing for Q2 2023, filed 11 Aug 2023.