# EDGAR Filing Document

**Accession Number:** 0001568939
**File Stem:** 0001062993-25-016729
**Filing Date:** 2025-11
**Character Count:** 15609
**Document Hash:** b7e89fadd8576b761df0212b876a28d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-016729.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001062993-25-016729

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HITE Hedge Asset Management LLC
- **CENTRAL INDEX KEY:** 0001568939

**ORGANIZATION NAME:**
- **EIN:** 200345473
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15188
- **FILM NUMBER:** 251477832

**BUSINESS ADDRESS:**
- **STREET 1:** 25 BRAINTREE HILL OFFICE PK
- **STREET 2:** #310
- **CITY:** BRAINTREE
- **STATE:** MA
- **ZIP:** 02184
- **BUSINESS PHONE:** 617-928-5523

**MAIL ADDRESS:**
- **STREET 1:** 25 BRAINTREE HILL OFFICE PK
- **STREET 2:** #310
- **CITY:** BRAINTREE
- **STATE:** MA
- **ZIP:** 02184

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** HITE Hedge Asset Management LLC<br>**Address:** 25 BRAINTREE HILL OFFICE PK

#310<br>BRAINTREE, MA 02184

**Form 13F File Number:** 028-15188

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Howard Rubin<br>**Title:** Chief Operating Officer<br>**Phone:** 617-431-4360

**Signature, Place, and Date of Signing:**

Howard Rubin  Braintree, MA  11-12-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 115

**Form 13F Information Table Value Total:** $1843415278

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| DTE ENERGY CO | COM | 233331107 |  | 127877895 | 904178 | SH |  | SOLE | None | 904178 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 101821631 | 1092624 | SH |  | SOLE | None | 1092624 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 94326062 | 1169573 | SH |  | SOLE | None | 1169573 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 91453384 | 2078486 | SH |  | SOLE | None | 2078486 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 74599029 | 714687 | SH |  | SOLE | None | 714687 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 72114331 | 1665458 | SH |  | SOLE | None | 1665458 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 63935649 | 1647826 | SH |  | SOLE | None | 1647826 | 0 | 0 |
| VIPER ENERGY INC | CL A | 927959106 |  | 63521296 | 1661991 | SH |  | SOLE | None | 1661991 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 58317375 | 767132 | SH |  | SOLE | None | 767132 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 57176107 | 575386 | SH |  | SOLE | None | 575386 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 55882585 | 2362900 | SH |  | SOLE | None | 2362900 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 53295884 | 563441 | SH |  | SOLE | None | 563441 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 47710450 | 1981331 | SH |  | SOLE | None | 1981331 | 0 | 0 |
| TAMBORAN RES CORP | COM | 87507T101 |  | 47574804 | 1737575 | SH |  | SOLE | None | 1737575 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 45177133 | 249625 | SH |  | SOLE | None | 249625 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 41173220 | 130295 | SH |  | SOLE | None | 130295 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 39280535 | 1057065 | SH |  | SOLE | None | 1057065 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 28142234 | 3154959 | SH |  | SOLE | None | 3154959 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 27606350 | 409529 | SH |  | SOLE | None | 409529 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 25342498 | 755140 | SH |  | SOLE | None | 755140 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 23742919 | 275376 | SH |  | SOLE | None | 275376 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 23256397 | 381440 | SH |  | SOLE | None | 381440 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 22810891 | 273348 | SH |  | SOLE | None | 273348 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 21727888 | 113705 | SH |  | SOLE | None | 113705 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 20762390 | 897639 | SH |  | SOLE | None | 897639 | 0 | 0 |
| ARCHROCK INC | COM | 03957W106 |  | 19603239 | 745087 | SH |  | SOLE | None | 745087 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 16593018 | 148643 | SH |  | SOLE | None | 148643 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 16345034 | 390936 | SH |  | SOLE | None | 390936 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 16330936 | 37327 | SH |  | SOLE | None | 37327 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 16241671 | 242160 | SH |  | SOLE | None | 242160 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 15952309 | 277528 | SH |  | SOLE | None | 277528 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 15547138 | 339309 | SH |  | SOLE | None | 339309 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 14890370 | 2477599 | SH |  | SOLE | None | 2477599 | 0 | 0 |
| EVGO INC | CL A COM | 30052F100 |  | 13938321 | 2946791 | SH |  | SOLE | None | 2946791 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 13363823 | 93388 | SH |  | SOLE | None | 93388 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 13224531 | 242964 | SH |  | SOLE | None | 242964 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 11749714 | 59972 | SH |  | SOLE | None | 59972 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 11112454 | 441496 | SH |  | SOLE | None | 441496 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 11054474 | 71186 | SH |  | SOLE | None | 71186 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 10835895 | 103091 | SH |  | SOLE | None | 103091 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 10379184 | 237347 | SH |  | SOLE | None | 237347 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 10023861 | 271135 | SH |  | SOLE | None | 271135 | 0 | 0 |
| NIOCORP DEVS LTD | COM NEW | 654484609 |  | 9770215 | 1462607 | SH |  | SOLE | None | 1462607 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 9665680 | 184671 | SH |  | SOLE | None | 184671 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 9335175 | 19653 | SH |  | SOLE | None | 19653 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 8742342 | 18322 | SH |  | SOLE | None | 18322 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 8579500 | 37674 | SH |  | SOLE | None | 37674 | 0 | 0 |
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 |  | 8550459 | 49166 | SH |  | SOLE | None | 49166 | 0 | 0 |
| UNITIL CORP | COM | 913259107 |  | 8338073 | 174218 | SH |  | SOLE | None | 174218 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 7931432 | 277129 | SH |  | SOLE | None | 277129 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 7857473 | 53271 | SH |  | SOLE | None | 53271 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 7706000 | 100000 | SH |  | SOLE | None | 100000 | 0 | 0 |
| DANA INC | COM | 235825205 |  | 7321013 | 365320 | SH |  | SOLE | None | 365320 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 7073710 | 57277 | SH |  | SOLE | None | 57277 | 0 | 0 |
| PERMIAN RESOURCES CORP | CLASS A COM | 71424F105 |  | 7056576 | 551295 | SH |  | SOLE | None | 551295 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 6878746 | 23892 | SH |  | SOLE | None | 23892 | 0 | 0 |
| NATIONAL ENERGY SERVICES REU | SHS | G6375R107 |  | 6564738 | 639838 | SH |  | SOLE | None | 639838 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 5301880 | 49178 | SH |  | SOLE | None | 49178 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 5110129 | 14620 | SH |  | SOLE | None | 14620 | 0 | 0 |
| VISTEON CORP | COM NEW | 92839U206 |  | 5034240 | 42001 | SH |  | SOLE | None | 42001 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 5009873 | 144460 | SH |  | SOLE | None | 144460 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 4966569 | 54321 | SH |  | SOLE | None | 54321 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 4937491 | 18935 | SH |  | SOLE | None | 18935 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 4917408 | 115054 | SH |  | SOLE | None | 115054 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 4898812 | 151807 | SH |  | SOLE | None | 151807 | 0 | 0 |
| TETRA TECHNOLOGIES INC DEL | COM | 88162F105 |  | 4835112 | 840889 | SH |  | SOLE | None | 840889 | 0 | 0 |
| EXCELERATE ENERGY INC | CL A COM | 30069T101 |  | 4781314 | 189810 | SH |  | SOLE | None | 189810 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 4674000 | 60000 | SH |  | SOLE | None | 60000 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 4640915 | 4870 | SH |  | SOLE | None | 4870 | 0 | 0 |
| INSPERITY INC | COM | 45778Q107 |  | 4619929 | 93901 | SH |  | SOLE | None | 93901 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 4599531 | 6108275 | SH |  | SOLE | None | 6108275 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 4558716 | 190981 | SH |  | SOLE | None | 190981 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4482211 | 24023 | SH |  | SOLE | None | 24023 | 0 | 0 |
| INFINITY NAT RES INC | COM CL A | 456941103 |  | 4423943 | 337448 | SH |  | SOLE | None | 337448 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 4308533 | 461299 | SH |  | SOLE | None | 461299 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 4183049 | 167523 | SH |  | SOLE | None | 167523 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4141581 | 11651 | SH |  | SOLE | None | 11651 | 0 | 0 |
| USA RARE EARTH INC | COM | 91733P107 |  | 3972265 | 231080 | SH |  | SOLE | None | 231080 | 0 | 0 |
| UNITED STS COMMODITY INDEX F | CM REP COPP FD | 911718104 |  | 3900000 | 130000 | SH |  | SOLE | None | 130000 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 3868174 | 7972 | SH |  | SOLE | None | 7972 | 0 | 0 |
| ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 |  | 3426211 | 14016 | SH |  | SOLE | None | 14016 | 0 | 0 |
| NET POWER INC | COM CL A | 64107A105 |  | 2939048 | 976428 | SH |  | SOLE | None | 976428 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 2829200 | 20000 | SH |  | SOLE | None | 20000 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 2669444 | 1308551 | SH |  | SOLE | None | 1308551 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 2606699 | 11874 | SH |  | SOLE | None | 11874 | 0 | 0 |
| HYLIION HOLDINGS CORP | COMMON STOCK | 449109107 |  | 2510009 | 1274116 | SH |  | SOLE | None | 1274116 | 0 | 0 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 2190139 | 155109 | SH |  | SOLE | None | 155109 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2021566 | 12495 | SH |  | SOLE | None | 12495 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 2011804 | 352330 | SH |  | SOLE | None | 352330 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1998540 | 3000 | SH |  | SOLE | None | 3000 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1956287 | 11490 | SH |  | SOLE | None | 11490 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 1906670 | 38667 | SH |  | SOLE | None | 38667 | 0 | 0 |
| WOLFSPEED INC | COMMON STOCK | 97785W106 |  | 1782295 | 62318 | SH |  | SOLE | None | 62318 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 1750771 | 4641 | SH |  | SOLE | None | 4641 | 0 | 0 |
| HCM II ACQUISITION CORP | SHS CL A | G43658106 |  | 1679367 | 102338 | SH |  | SOLE | None | 102338 | 0 | 0 |
| HESAI GROUP | SPONSORED ADS | 428050108 |  | 1576241 | 56094 | SH |  | SOLE | None | 56094 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 1532149 | 12381 | SH |  | SOLE | None | 12381 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 1491687 | 59147 | SH |  | SOLE | None | 59147 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 1272536 | 86685 | SH |  | SOLE | None | 86685 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 1203738 | 95082 | SH |  | SOLE | None | 95082 | 0 | 0 |
| OKLO INC | PUT | 02156V959 |  | 976500 | 450 | SH | Put | SOLE | None | 450 | 0 | 0 |
| LANDBRIDGE COMPANY LLC | CL A | 514952100 |  | 911325 | 17082 | SH |  | SOLE | None | 17082 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 3.625%10/1 | 76954AAD5 |  | 893805 | 971000 | PRN |  | SOLE | None | 971000 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 762747 | 214556 | SH |  | SOLE | None | 214556 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 670619 | 4008 | SH |  | SOLE | None | 4008 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 638803 | 16296 | SH |  | SOLE | None | 16296 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | COMMON STOCK | 03214Q108 |  | 608077 | 57802 | SH |  | SOLE | None | 57802 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 582440 | 4000 | SH |  | SOLE | None | 4000 | 0 | 0 |
| SES AI CORPORATION | CL A COM | 78397Q109 |  | 511222 | 306121 | SH |  | SOLE | None | 306121 | 0 | 0 |
| ZEEKR INTELLIGENT TECHNOLOGY | SPON ADS | 98923K103 |  | 491490 | 16125 | SH |  | SOLE | None | 16125 | 0 | 0 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 462665 | 37554 | SH |  | SOLE | None | 37554 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 360696 | 2781 | SH |  | SOLE | None | 2781 | 0 | 0 |
| AMERICAS CAR-MART INC | COM | 03062T105 |  | 334863 | 11464 | SH |  | SOLE | None | 11464 | 0 | 0 |
| ELEVRA LITHIUM LTD | SPONSORED ADS | 805700101 |  | 292154 | 12168 | SH |  | SOLE | None | 12168 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 211755 | 8901 | SH |  | SOLE | None | 8901 | 0 | 0 |

---