# EDGAR Filing Document

**Accession Number:** 0001568939
**File Stem:** 0001062993-23-003369
**Filing Date:** 2023-2
**Character Count:** 11969
**Document Hash:** 167525853e75373c2d2fbd2d746f3290
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-23-003369.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001062993-23-003369

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HITE Hedge Asset Management LLC
- **CENTRAL INDEX KEY:** 0001568939
- **IRS NUMBER:** 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:** 23627813

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CROWN COLONY DR
- **STREET 2:** SUITE 108
- **CITY:** QUINCY
- **STATE:** MA
- **ZIP:** 02169
- **BUSINESS PHONE:** 617-928-5523

**MAIL ADDRESS:**
- **STREET 1:** 300 CROWN COLONY DR
- **STREET 2:** SUITE 108
- **CITY:** QUINCY
- **STATE:** MA
- **ZIP:** 02169

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** 300 CROWN COLONY DR<br>SUITE 108<br>QUINCY, MA 02169

**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  Quincy, MA  02-14-2023<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:** 81

**Form 13F Information Table Value Total:** $1210994482

      (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 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 120351150 | 1069788 | SH |  | SOLE | None | 1069788 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 109756337 | 4002784 | SH |  | SOLE | None | 4002784 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 87211491 | 742036 | SH |  | SOLE | None | 742036 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 65752969 | 1296647 | SH |  | SOLE | None | 1296647 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 59962182 | 815812 | SH |  | SOLE | None | 815812 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 55524063 | 405937 | SH |  | SOLE | None | 405937 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 38662862 | 789038 | SH |  | SOLE | None | 789038 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 37386298 | 864823 | SH |  | SOLE | None | 864823 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 34873174 | 1094232 | SH |  | SOLE | None | 1094232 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 31207176 | 495903 | SH |  | SOLE | None | 495903 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 29606814 | 872293 | SH |  | SOLE | None | 872293 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 28652069 | 322223 | SH |  | SOLE | None | 322223 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 25438268 | 401678 | SH |  | SOLE | None | 401678 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 24649354 | 587729 | SH |  | SOLE | None | 587729 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 24252600 | 830000 | SH |  | SOLE | None | 830000 | 0 | 0 |
| NORTHERN OIL  GAS INC NEV | COM | 665531109 |  | 23920142 | 776124 | SH |  | SOLE | None | 776124 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 22830953 | 538212 | SH |  | SOLE | None | 538212 | 0 | 0 |
| SOUTHWESTERN ENERGY CO | COM | 845467109 |  | 22768036 | 3891972 | SH |  | SOLE | None | 3891972 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 22185959 | 316445 | SH |  | SOLE | None | 316445 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 21091585 | 605558 | SH |  | SOLE | None | 605558 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 17178411 | 125564 | SH |  | SOLE | None | 125564 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 16467844 | 139558 | SH |  | SOLE | None | 139558 | 0 | 0 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 15160729 | 160652 | SH |  | SOLE | None | 160652 | 0 | 0 |
| PDC ENERGY INC | COM | 69327R101 |  | 14076753 | 221751 | SH |  | SOLE | None | 221751 | 0 | 0 |
| STEM INC | COM | 85859N102 |  | 13333134 | 1491402 | SH |  | SOLE | None | 1491402 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 13243648 | 210250 | SH |  | SOLE | None | 210250 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 12891395 | 381064 | SH |  | SOLE | None | 381064 | 0 | 0 |
| FREYR BATTERY | SHS | L4135L100 |  | 12366422 | 1424703 | SH |  | SOLE | None | 1424703 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 11733673 | 35973 | SH |  | SOLE | None | 35973 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 11444959 | 805983 | SH |  | SOLE | None | 805983 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 10755091 | 175536 | SH |  | SOLE | None | 175536 | 0 | 0 |
| RICE ACQUISITION CORP II | SHS CL A | G75529100 |  | 10748948 | 1056927 | SH |  | SOLE | None | 1056927 | 0 | 0 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 9941194 | 171607 | SH |  | SOLE | None | 171607 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 9880720 | 160636 | SH |  | SOLE | None | 160636 | 0 | 0 |
| CLEAN ENERGY FUELS CORP | COM | 184499101 |  | 9836601 | 1891654 | SH |  | SOLE | None | 1891654 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 8998769 | 300059 | SH |  | SOLE | None | 300059 | 0 | 0 |
| MURPHY OIL CORP | COM | 626717102 |  | 8935586 | 207756 | SH |  | SOLE | None | 207756 | 0 | 0 |
| TRANSCANADA CORP | COM | 89353D107 |  | 8006736 | 200859 | SH |  | SOLE | None | 200859 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 7990446 | 150934 | SH |  | SOLE | None | 150934 | 0 | 0 |
| VISTEON CORP | COM NEW | 92839U206 |  | 7259888 | 55491 | SH |  | SOLE | None | 55491 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 6579395 | 114944 | SH |  | SOLE | None | 114944 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 6394347 | 51559 | SH |  | SOLE | None | 51559 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 5756136 | 75165 | SH |  | SOLE | None | 75165 | 0 | 0 |
| TPG PACE BENEFICIAL II CORP | COMMON STOCK | G89826104 |  | 5747183 | 584955 | SH |  | SOLE | None | 584955 | 0 | 0 |
| PLAINS GP HLDGS L P | LTD PARTNR INT A | 72651A207 |  | 5449989 | 438102 | SH |  | SOLE | None | 438102 | 0 | 0 |
| SPIRE INC | COM | 84857L101 |  | 4887545 | 70978 | SH |  | SOLE | None | 70978 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 4562024 | 46814 | SH |  | SOLE | None | 46814 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 4304722 | 221889 | SH |  | SOLE | None | 221889 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 4140423 | 30315 | SH |  | SOLE | None | 30315 | 0 | 0 |
| NATIONAL ENERGY SERVICES REU | SHS | G6375R107 |  | 4029982 | 580689 | SH |  | SOLE | None | 580689 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 3866558 | 50849 | SH |  | SOLE | None | 50849 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 3505614 | 183348 | SH |  | SOLE | None | 183348 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 3216466 | 13412 | SH |  | SOLE | None | 13412 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 2961219 | 116263 | SH |  | SOLE | None | 116263 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 2886456 | 455277 | SH |  | SOLE | None | 455277 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 2441551 | 43970 | SH |  | SOLE | None | 43970 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 2433839 | 79798 | SH |  | SOLE | None | 79798 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 2424180 | 15340 | SH |  | SOLE | None | 15340 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 2423262 | 43852 | SH |  | SOLE | None | 43852 | 0 | 0 |
| FIRST RESERVE SUSTAINABLE GW | CLASS A COM | 336169107 |  | 2398191 | 238626 | SH |  | SOLE | None | 238626 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 1802127 | 230451 | SH |  | SOLE | None | 230451 | 0 | 0 |
| DIAMOND OFFSHORE DRILLING IN | COM | 25271C201 |  | 1769539 | 170148 | SH |  | SOLE | None | 170148 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 1615334 | 29258 | SH |  | SOLE | None | 29258 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 1315609 | 201400 | SH |  | SOLE | None | 201400 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 1076588 | 58415 | SH |  | SOLE | None | 58415 | 0 | 0 |
| TRANSOCEAN LTD | REG SHS | H8817H100 |  | 884708 | 194015 | SH |  | SOLE | None | 194015 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 812124 | 3400 | SH |  | SOLE | None | 3400 | 0 | 0 |
| HELMERICH  PAYNE INC | COM | 423452101 |  | 752373 | 15178 | SH |  | SOLE | None | 15178 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 489497 | 2771 | SH |  | SOLE | None | 2771 | 0 | 0 |
| AURORA INNOVATION INC | CLASS A COM | 051774107 |  | 482864 | 399061 | SH |  | SOLE | None | 399061 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 454867 | 3392 | SH |  | SOLE | None | 3392 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 413722 | 2560 | SH |  | SOLE | None | 2560 | 0 | 0 |
| LI-CYCLE HOLDINGS CORP | COMMON SHARES | 50202P105 |  | 370457 | 77827 | SH |  | SOLE | None | 77827 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 305855 | 670 | SH |  | SOLE | None | 670 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 291599 | 550 | SH |  | SOLE | None | 550 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 283703 | 675 | SH |  | SOLE | None | 675 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 263496 | 2400 | SH |  | SOLE | None | 2400 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 255825 | 6750 | SH |  | SOLE | None | 6750 | 0 | 0 |
| RICE ACQUISITION CORP II | *W EXP 99/99/999 | G75529126 |  | 205729 | 164583 | SH |  | SOLE | None | 164583 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 203229 | 450 | SH |  | SOLE | None | 450 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 201726 | 2100 | SH |  | SOLE | None | 2100 | 0 | 0 |

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