# EDGAR Filing Document

**Accession Number:** 0001568939
**File Stem:** 0001062993-25-014370
**Filing Date:** 2025-8
**Character Count:** 15149
**Document Hash:** 8fab1180b731d1d0d305cecf30ddc941
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-014370.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001062993-25-014370

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**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:** 251215419

**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:** 06-30-2025

**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  08-13-2025<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:** 111

**Form 13F Information Table Value Total:** $1743983571

      (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 |  | 137089345 | 1034949 | SH |  | SOLE | None | 1034949 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 86655298 | 2132791 | SH |  | SOLE | None | 2132791 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 73626016 | 820437 | SH |  | SOLE | None | 820437 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 69151059 | 1003207 | SH |  | SOLE | None | 1003207 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 63374971 | 659881 | SH |  | SOLE | None | 659881 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 58962089 | 174537 | SH |  | SOLE | None | 174537 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 56378219 | 827874 | SH |  | SOLE | None | 827874 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 51545216 | 532217 | SH |  | SOLE | None | 532217 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 50721554 | 1380554 | SH |  | SOLE | None | 1380554 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 48010278 | 577602 | SH |  | SOLE | None | 577602 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 46611915 | 2395268 | SH |  | SOLE | None | 2395268 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 45481961 | 1129145 | SH |  | SOLE | None | 1129145 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 43059925 | 1353660 | SH |  | SOLE | None | 1353660 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 37475815 | 909828 | SH |  | SOLE | None | 909828 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 35122839 | 4084051 | SH |  | SOLE | None | 4084051 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 34537373 | 856157 | SH |  | SOLE | None | 856157 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 34083227 | 169425 | SH |  | SOLE | None | 169425 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 32786590 | 190332 | SH |  | SOLE | None | 190332 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 31455236 | 351573 | SH |  | SOLE | None | 351573 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 26150252 | 432450 | SH |  | SOLE | None | 432450 | 0 | 0 |
| TAMBORAN RES CORP | COM | 87507T101 |  | 25727377 | 1206725 | SH |  | SOLE | None | 1206725 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 25664354 | 219466 | SH |  | SOLE | None | 219466 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 24292869 | 356096 | SH |  | SOLE | None | 356096 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 24195671 | 491682 | SH |  | SOLE | None | 491682 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 24155214 | 548359 | SH |  | SOLE | None | 548359 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 23606410 | 620405 | SH |  | SOLE | None | 620405 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 20013871 | 449851 | SH |  | SOLE | None | 449851 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 18453500 | 425000 | SH |  | SOLE | None | 425000 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 18331229 | 534906 | SH |  | SOLE | None | 534906 | 0 | 0 |
| NATIONAL ENERGY SERVICES REU | SHS | G6375R107 |  | 17844978 | 2964282 | SH |  | SOLE | None | 2964282 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 17522553 | 726474 | SH |  | SOLE | None | 726474 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 15557968 | 266769 | SH |  | SOLE | None | 266769 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 15172920 | 151200 | SH |  | SOLE | None | 151200 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 14667940 | 577933 | SH |  | SOLE | None | 577933 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 13289879 | 977197 | SH |  | SOLE | None | 977197 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 13236591 | 352609 | SH |  | SOLE | None | 352609 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 12645678 | 80041 | SH |  | SOLE | None | 80041 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 12399824 | 86597 | SH |  | SOLE | None | 86597 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 11782950 | 30352 | SH |  | SOLE | None | 30352 | 0 | 0 |
| VIPER ENERGY INC | CL A | 927959106 |  | 11471830 | 300861 | SH |  | SOLE | None | 300861 | 0 | 0 |
| DANA INC | COM | 235825205 |  | 10969586 | 639626 | SH |  | SOLE | None | 639626 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 10806963 | 172058 | SH |  | SOLE | None | 172058 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 10338997 | 168415 | SH |  | SOLE | None | 168415 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 10015915 | 88052 | SH |  | SOLE | None | 88052 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 9985456 | 440859 | SH |  | SOLE | None | 440859 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 9919278 | 189480 | SH |  | SOLE | None | 189480 | 0 | 0 |
| EVGO INC | CL A COM | 30052F100 |  | 9454146 | 2590177 | SH |  | SOLE | None | 2590177 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 9348986 | 166976 | SH |  | SOLE | None | 166976 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 8692998 | 114487 | SH |  | SOLE | None | 114487 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 8302025 | 2034810 | SH |  | SOLE | None | 2034810 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 8221431 | 72493 | SH |  | SOLE | None | 72493 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 7985393 | 61730 | SH |  | SOLE | None | 61730 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 7913950 | 23825 | SH |  | SOLE | None | 23825 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 7872330 | 30183 | SH |  | SOLE | None | 30183 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 7705748 | 17645 | SH |  | SOLE | None | 17645 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 7357286 | 30470 | SH |  | SOLE | None | 30470 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 7283606 | 97557 | SH |  | SOLE | None | 97557 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 7086897 | 148510 | SH |  | SOLE | None | 148510 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 6986179 | 40132 | SH |  | SOLE | None | 40132 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 6978818 | 51918 | SH |  | SOLE | None | 51918 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 6734066 | 161295 | SH |  | SOLE | None | 161295 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 6718804 | 95424 | SH |  | SOLE | None | 95424 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 6622848 | 268023 | SH |  | SOLE | None | 268023 | 0 | 0 |
| ATLAS ENERGY SOLUTIONS INC | COM NEW | 642045108 |  | 6372851 | 476653 | SH |  | SOLE | None | 476653 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 6248128 | 45474 | SH |  | SOLE | None | 45474 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 6139588 | 36400 | SH |  | SOLE | None | 36400 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 6118288 | 288871 | SH |  | SOLE | None | 288871 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 5966088 | 27306 | SH |  | SOLE | None | 27306 | 0 | 0 |
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 |  | 5382807 | 31330 | SH |  | SOLE | None | 31330 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 5069812 | 36866 | SH |  | SOLE | None | 36866 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 4947131 | 14408 | SH |  | SOLE | None | 14408 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 4820139 | 132131 | SH |  | SOLE | None | 132131 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 4697080 | 39372 | SH |  | SOLE | None | 39372 | 0 | 0 |
| NET POWER INC | COM CL A | 64107A105 |  | 4144924 | 1678107 | SH |  | SOLE | None | 1678107 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 4100759 | 2500463 | SH |  | SOLE | None | 2500463 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 4071710 | 6273822 | SH |  | SOLE | None | 6273822 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 3964952 | 119175 | SH |  | SOLE | None | 119175 | 0 | 0 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 3366423 | 324631 | SH |  | SOLE | None | 324631 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 3319346 | 80802 | SH |  | SOLE | None | 80802 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 3280371 | 36396 | SH |  | SOLE | None | 36396 | 0 | 0 |
| POWELL INDS INC | COM | 739128106 |  | 2954928 | 14041 | SH |  | SOLE | None | 14041 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 2652292 | 18470 | SH |  | SOLE | None | 18470 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 2606651 | 58934 | SH |  | SOLE | None | 58934 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 2429978 | 242271 | SH |  | SOLE | None | 242271 | 0 | 0 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 2396998 | 35659 | SH |  | SOLE | None | 35659 | 0 | 0 |
| INFINITY NAT RES INC | COM CL A | 456941103 |  | 2369973 | 129436 | SH |  | SOLE | None | 129436 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 2338795 | 170218 | SH |  | SOLE | None | 170218 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 2229272 | 19922 | SH |  | SOLE | None | 19922 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 2227572 | 28780 | SH |  | SOLE | None | 28780 | 0 | 0 |
| WOLFSPEED INC | NOTE 1.875%12/0 | 977852AD4 |  | 2032088 | 8000000 | PRN |  | SOLE | None | 8000000 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 1972260 | 735918 | SH |  | SOLE | None | 735918 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 1939205 | 5755 | SH |  | SOLE | None | 5755 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1866978 | 13157 | SH |  | SOLE | None | 13157 | 0 | 0 |
| HYLIION HOLDINGS CORP | COMMON STOCK | 449109107 |  | 1724902 | 1306744 | SH |  | SOLE | None | 1306744 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 1478291 | 214556 | SH |  | SOLE | None | 214556 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1441779 | 11698 | SH |  | SOLE | None | 11698 | 0 | 0 |
| HESAI GROUP | SPONSORED ADS | 428050108 |  | 1269281 | 57826 | SH |  | SOLE | None | 57826 | 0 | 0 |
| LANDBRIDGE COMPANY LLC | CL A | 514952100 |  | 1175081 | 17388 | SH |  | SOLE | None | 17388 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1165265 | 1886 | SH |  | SOLE | None | 1886 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 993372 | 18821 | SH |  | SOLE | None | 18821 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 984512 | 6313 | SH |  | SOLE | None | 6313 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 956697 | 11917 | SH |  | SOLE | None | 11917 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 3.625%10/1 | 76954AAD5 |  | 901955 | 1000000 | PRN |  | SOLE | None | 1000000 | 0 | 0 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 749468 | 111528 | SH |  | SOLE | None | 111528 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | COMMON STOCK | 03214Q108 |  | 679679 | 161444 | SH |  | SOLE | None | 161444 | 0 | 0 |
| AMERICAS CAR-MART INC | COM | 03062T105 |  | 658022 | 11742 | SH |  | SOLE | None | 11742 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 655295 | 16824 | SH |  | SOLE | None | 16824 | 0 | 0 |
| SES AI CORPORATION | CL A COM | 78397Q109 |  | 579068 | 651883 | SH |  | SOLE | None | 651883 | 0 | 0 |
| ZEEKR INTELLIGENT TECHNOLOGY | SPON ADS | 98923K103 |  | 425544 | 16688 | SH |  | SOLE | None | 16688 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 294976 | 1809 | SH |  | SOLE | None | 1809 | 0 | 0 |
| PIEDMONT LITHIUM INC | COM | 72016P105 |  | 208507 | 35826 | SH |  | SOLE | None | 35826 | 0 | 0 |

---