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
-7.28%
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
$459M
AUM Growth
-$107M
(-19%)
Cap. Flow
-$67.1M
Cap. Flow
% of AUM
-14.63%
Top 10 Holdings %
Top 10 Hldgs %
54.82%
Holding
72
New
9
Increased
16
Reduced
20
Closed
17
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
EQT Corp
EQT
|
+$14.6M |
| 2 |
NINE
Nine Energy Service
NINE
|
+$11.9M |
| 3 |
Williams Companies
WMB
|
+$10.3M |
| 4 |
NBL
Noble Energy, Inc.
NBL
|
+$10.3M |
| 5 |
Plains GP Holdings
PAGP
|
+$8.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Plains All American Pipeline
PAA
|
+$19M |
| 2 |
ANDX
Andeavor Logistics LP
ANDX
|
+$15.1M |
| 3 |
WPZ
Williams Partners L.P.
WPZ
|
+$14M |
| 4 |
Oneok
OKE
|
+$12.7M |
| 5 |
Kayne Anderson Energy Infrastructure Fund
KYN
|
+$10.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 79.25% |
| 2 | Utilities | 2.97% |
| 3 | Materials | 2.64% |
| 4 | Industrials | 0.21% |
| 5 | Healthcare | 0.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Viper Energy
VNOM
$8.71B
| $43.6M | 9.51% |
1,717,284
-327,721
| -16% | -$7.75M |
|
|
NBLX
2
DELISTED
Noble Midstream Partners LP
NBLX
| $43.1M | 9.4% |
924,896
-162,007
| -15% | -$8.39M |
|
3
NGL Energy Partners
NGL
$2.05B
| $30.5M | 6.65% |
2,774,082
-44,000
| -2% | -$605K |
|
|
APLP
4
DELISTED
Archrock Partners, L.P. Common Units representing Limited Partner Interests
APLP
| $25.5M | 5.56% |
2,088,238
+126,286
| +6% | +$1.68M |
|
|
5
EQT Corp
EQT
$33.3B
| $22.8M | 4.97% |
881,606
+510,203
| +137% | +$14.6M |
|
6
Golar LNG
GLNG
$5B
| $22.4M | 4.87% |
817,305
-58,854
| -7% | -$1.66M |
|
|
CVRR
7
DELISTED
CVR Refining, LP
CVRR
| $18.2M | 3.97% |
1,396,686
+18,803
| +1% | +$279K |
|
|
NBL
8
DELISTED
Noble Energy, Inc.
NBL
| $17.8M | 3.88% |
587,300
+340,655
| +138% | +$10.3M |
|
|
CEQP
9
DELISTED
Crestwood Equity Partners LP
CEQP
| $14M | 3.04% |
545,442
-106,635
| -16% | -$2.89M |
|
10
Suburban Propane Partners
SPH
$1.24B
| $13.6M | 2.97% |
618,967
-32,848
| -5% | -$801K |
|
|
AHGP
11
DELISTED
Alliance Holdings GP
AHGP
| $12.8M | 2.79% |
511,846
+48,905
| +11% | +$1.32M |
|
12
Energy Transfer Partners
ET
$70.1B
| $12.4M | 2.71% |
874,345
+458,845
| +110% | +$7.63M |
|
|
AMID
13
DELISTED
American Midstream Partners, LP
AMID
| $11.4M | 2.49% |
1,058,430
+169,422
| +19% | +$2.15M |
|
|
NINE
14
DELISTED
Nine Energy Service
NINE
| $11.3M | 2.46% |
+464,268
| New | +$11.9M |
|
15
Hess Midstream
HESM
$5.24B
| $10.8M | 2.35% |
565,209
+399,680
| +241% | +$8.23M |
|
16
Delek Logistics
DKL
$3.21B
| $9.68M | 2.11% |
341,292
-7,100
| -2% | -$217K |
|
17
Global Partners
GLP
$1.68B
| $9.47M | 2.06% |
616,779
-101,263
| -14% | -$1.73M |
|
|
AM
18
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $9.43M | 2.06% |
364,262
-264,016
| -42% | -$7.53M |
|
|
RMP
19
DELISTED
Rice Midstream Partners LP
RMP
| $8.87M | 1.93% |
490,165
-205,164
| -30% | -$4.18M |
|
|
20
Williams Companies
WMB
$87.5B
| $8.71M | 1.9% |
+350,500
| New | +$10.3M |
|
|
21
Plains GP Holdings
PAGP
$5.21B
| $8.16M | 1.78% |
+375,275
| New | +$8.3M |
|
|
ETP
22
DELISTED
Energy Transfer Partners, L.P.
ETP
| $7.99M | 1.74% |
492,347
-317,781
| -39% | -$5.9M |
|
23
Western Midstream Partners
WES
$19.2B
| $7.67M | 1.67% |
231,495
-79,254
| -26% | -$3.02M |
|
|
DCP
24
DELISTED
DCP Midstream, LP
DCP
| $7.33M | 1.6% |
208,695
+98,839
| +90% | +$3.76M |
|
|
OMP
25
DELISTED
Oasis Midstream Partners LP Common Units Representing Limited Partner Interests
OMP
| $7.13M | 1.55% |
402,491
+110,486
| +38% | +$1.96M |
|
Similar funds
GD
CGH
BCMIO
SW
UF
OAM
SLF
EFS
HITE Hedge Asset Management's Q1 2018 Portfolio in Review
As of Q1 2018, HITE Hedge Asset Management held 72 positions worth $459M, down 19% from $566M the previous quarter. Its ten largest holdings account for 55% of the portfolio.
HITE Hedge Asset Management withdrew a net $67.1M in Q1 2018, closing 17 positions and reducing 20 holdings. Its most notable exit was Plains All American Pipeline, an estimated $19M position sold in full.
By sector, the portfolio is most concentrated in Energy at 79% of assets, up from 74% a quarter earlier, followed by Utilities and Materials.
Against the trend, HITE Hedge Asset Management opened a new position in Nine Energy Service worth $11.3M.
- HITE Hedge Asset Management's largest Q1 2018 buy was Nine Energy Service: 464,268 shares worth $11.3M.
- HITE Hedge Asset Management added most to EQT Corp in Q1 2018, an estimated $14.6M increase.
- HITE Hedge Asset Management's biggest Q1 2018 reduction was Noble Midstream Partners LP, cutting an estimated $8.39M.
- HITE Hedge Asset Management fully exited Plains All American Pipeline in Q1 2018, selling an estimated $19M.
- HITE Hedge Asset Management's ten largest holdings make up 55% of its $459M portfolio in Q1 2018.
- HITE Hedge Asset Management opened 9 new positions and closed 17 in Q1 2018.
- HITE Hedge Asset Management's portfolio value fell 19% quarter-over-quarter to $459M.
Based on HITE Hedge Asset Management's 13F filing for Q1 2018, filed 11 May 2018.