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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
+0.68%
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
$870M
AUM Growth
-$152M
Cap. Flow
-$124M
Cap. Flow %
-14.25%
Top 10 Hldgs %
39.95%
Holding
120
New
22
Increased
37
Reduced
24
Closed
35

Top Buys

Rank Stock Value
1
VRN
Veren
VRN
+$75.6M
2
LAD icon
Lithia Motors
LAD
+$29.4M
3
NEE icon
NextEra Energy
NEE
+$23.8M
4
AR icon
Antero Resources
AR
+$22.8M
5
XEL icon
Xcel Energy
XEL
+$15M

Top Sells

Rank Stock Value
1
CMS icon
CMS Energy
CMS
+$42.9M
2
POR icon
Portland General Electric
POR
+$34.1M
3
GPOR icon
Gulfport Energy Corp
GPOR
+$32.9M
4
TALO icon
Talos Energy
TALO
+$30.9M
5
NI icon
NiSource
NI
+$27.4M

Sector Composition

Rank Sector Weight
1 Energy 46.9%
2 Utilities 35.11%
3 Consumer Discretionary 13.29%
4 Technology 2.32%
5 Materials 0.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HESM icon
26
Hess Midstream
HESM
$5.11B
$12.3M 1.42%
349,520
+293,669
+526% +$10.8M
CVE icon
27
Cenovus Energy
CVE
$51.4B
$11.6M 1.33%
+691,498
New +$12.8M
RRC icon
28
Range Resources
RRC
$8.94B
$11.5M 1.32%
+374,108
New +$11.6M
AROC icon
29
Archrock
AROC
$5.81B
$10.9M 1.26%
+540,482
New +$10.9M
BWA icon
30
BorgWarner
BWA
$13.8B
$10.5M 1.21%
290,317
+64,126
+28% +$2.11M
MTDR icon
31
Matador Resources
MTDR
$5.94B
$10.5M 1.21%
+212,984
New +$12M
PPL
32
PPL Corp
PPL
$26.2B
$10.2M 1.17%
307,773
+60,966
+25% +$1.87M
VLO icon
33
Valero Energy
VLO
$84.3B
$10.1M 1.17%
75,117
+43,299
+136% +$6.29M
TBN
34
Tamboran Resources
TBN
$1.15B
$9.94M 1.14%
489,417
+189,417
+63% +$4.13M
BKV
35
BKV Corp
BKV
$2.59B
$9.41M 1.08%
+514,308
New +$9.32M
GLNG icon
36
Golar LNG
GLNG
$5.13B
$8.76M 1.01%
238,195
-51,072
-18% -$1.71M
WMB icon
37
Williams Companies
WMB
$86.6B
$8.38M 0.96%
+183,636
New +$8.07M
ADNT icon
38
Adient
ADNT
$1.5B
$8.28M 0.95%
367,014
-145,689
-28% -$3.33M
PNW icon
39
Pinnacle West Capital
PNW
$12.2B
$8.18M 0.94%
92,311
+66,755
+261% +$5.7M
LNT icon
40
Alliant Energy
LNT
$17.9B
$7.82M 0.9%
128,912
-145,167
-53% -$8.24M
FANG icon
41
Diamondback Energy
FANG
$51.8B
$7.31M 0.84%
+42,377
New +$8.16M
APA icon
42
APA Corp
APA
$12.7B
$7.24M 0.83%
+295,916
New +$8.31M
NESR
43
National Energy Services Reunited Corp
NESR
$2.91B
$6.64M 0.76%
703,162
+1,350
+0.2% +$12.8K
EQT icon
44
EQT Corp
EQT
$32.3B
$5.56M 0.64%
151,877
+7,285
+5% +$248K
MSFT icon
45
Microsoft
MSFT
$3.75T
$5.48M 0.63%
12,742
– –
APTV icon
46
Aptiv
APTV
$10B
$4.84M 0.56%
67,159
+4,973
+8% +$347K
HMC icon
47
Honda
HMC
$41.2B
$4.4M 0.51%
138,539
+129,259
+1,393% +$4.1M
BORR
48
Borr Drilling
BORR
$1.19B
$4.21M 0.48%
+767,649
New +$4.69M
MUR icon
49
Murphy Oil
MUR
$4.75B
$4.2M 0.48%
124,358
-421,568
-77% -$15.9M
TTI icon
50
TETRA Technologies
TTI
$1.27B
$3.93M 0.45%
1,266,869
+4,393
+0.3% +$14.2K
1
2
3 4 5

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BCMIO
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UF
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OAM
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SLF
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EFS
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NMC
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HITE Hedge Asset Management's Q3 2024 Portfolio in Review

As of Q3 2024, HITE Hedge Asset Management held 120 positions worth $870M, down 15% from $1.02B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

HITE Hedge Asset Management withdrew a net $124M in Q3 2024, closing 35 positions and reducing 24 holdings. Its most notable exit was Talos Energy, an estimated $30.9M position sold in full.

By sector, the portfolio is most concentrated in Energy at 47% of assets, down from 48% a quarter earlier, followed by Utilities and Consumer Discretionary.

Against the trend, HITE Hedge Asset Management opened a new position in Veren worth $65.2M.

  • HITE Hedge Asset Management's largest Q3 2024 buy was Veren: 10,579,297 shares worth $65.2M.
  • HITE Hedge Asset Management added most to Lithia Motors in Q3 2024, an estimated $29.4M increase.
  • HITE Hedge Asset Management's biggest Q3 2024 reduction was CMS Energy, cutting an estimated $42.9M.
  • HITE Hedge Asset Management fully exited Talos Energy in Q3 2024, selling an estimated $30.9M.
  • HITE Hedge Asset Management's ten largest holdings make up 40% of its $870M portfolio in Q3 2024.
  • HITE Hedge Asset Management opened 22 new positions and closed 35 in Q3 2024.
  • HITE Hedge Asset Management's portfolio value fell 15% quarter-over-quarter to $870M.

Based on HITE Hedge Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.