# EDGAR Filing Document

**Accession Number:** 0001568939
**File Stem:** 0001062993-26-000890
**Filing Date:** 2026-2
**Character Count:** 16116
**Document Hash:** 3e7dfc87080039cc5944859a89be8ed8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-26-000890.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001062993-26-000890

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**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:** 26628880

**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:** 12-31-2025

**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  02-12-2026<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:** 121

**Form 13F Information Table Value Total:** $1567979589

      (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 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 127401980 | 2654761 | SH |  | SOLE | None | 2654761 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 123253358 | 1668743 | SH |  | SOLE | None | 1668743 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 98241074 | 1062870 | SH |  | SOLE | None | 1062870 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 60796916 | 471367 | SH |  | SOLE | None | 471367 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 59333777 | 1420828 | SH |  | SOLE | None | 1420828 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 55691922 | 557700 | SH |  | SOLE | None | 557700 | 0 | 0 |
| TAMBORAN RES CORP | COM | 87507T101 |  | 55456700 | 2036603 | SH |  | SOLE | None | 2036603 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 44247604 | 825515 | SH |  | SOLE | None | 825515 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 42493058 | 586192 | SH |  | SOLE | None | 586192 | 0 | 0 |
| ADIENT PLC | ORD SHS | G0084W101 |  | 36885323 | 1924117 | SH |  | SOLE | None | 1924117 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 32543421 | 500591 | SH |  | SOLE | None | 500591 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 32031619 | 277787 | SH |  | SOLE | None | 277787 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 31836553 | 1454388 | SH |  | SOLE | None | 1454388 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 31684779 | 1203829 | SH |  | SOLE | None | 1203829 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 31155266 | 794980 | SH |  | SOLE | None | 794980 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 30993134 | 698673 | SH |  | SOLE | None | 698673 | 0 | 0 |
| VIPER ENERGY INC | CL A | 927959106 |  | 28050634 | 726136 | SH |  | SOLE | None | 726136 | 0 | 0 |
| BKV CORP | COM | 05603J108 |  | 27172779 | 1000839 | SH |  | SOLE | None | 1000839 | 0 | 0 |
| RICE ACQUISITION CORP 3 | ORD SHS CL A | G7553X106 |  | 23581704 | 2300654 | SH |  | SOLE | None | 2300654 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 22901350 | 247048 | SH |  | SOLE | None | 247048 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 22470366 | 2678232 | SH |  | SOLE | None | 2678232 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 19062258 | 1452916 | SH |  | SOLE | None | 1452916 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 18878726 | 280391 | SH |  | SOLE | None | 280391 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 17749404 | 217384 | SH |  | SOLE | None | 217384 | 0 | 0 |
| BETA TECHNOLOGIES INC | COM SHS CL A | 086921103 |  | 17289006 | 612868 | SH |  | SOLE | None | 612868 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 15115562 | 241116 | SH |  | SOLE | None | 241116 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 14975744 | 334504 | SH |  | SOLE | None | 334504 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 14837647 | 182460 | SH |  | SOLE | None | 182460 | 0 | 0 |
| NATIONAL ENERGY SERVICES REU | SHS | G6375R107 |  | 14397506 | 919381 | SH |  | SOLE | None | 919381 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 13868938 | 35263 | SH |  | SOLE | None | 35263 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 13810172 | 394351 | SH |  | SOLE | None | 394351 | 0 | 0 |
| DANA INC | COM | 235825205 |  | 13557622 | 570607 | SH |  | SOLE | None | 570607 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 |  | 13468800 | 690000 | SH |  | SOLE | None | 690000 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 13291761 | 263099 | SH |  | SOLE | None | 263099 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 10833363 | 50609 | SH |  | SOLE | None | 50609 | 0 | 0 |
| BAYTEX ENERGY CORP | COM | 07317Q105 |  | 10710481 | 3311203 | SH |  | SOLE | None | 3311203 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 10550631 | 143546 | SH |  | SOLE | None | 143546 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 10288094 | 152665 | SH |  | SOLE | None | 152665 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 10122486 | 219672 | SH |  | SOLE | None | 219672 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 9828462 | 34025 | SH |  | SOLE | None | 34025 | 0 | 0 |
| AMERICAN AXLE  MFG HLDGS IN | COM | 024061103 |  | 9440097 | 1472714 | SH |  | SOLE | None | 1472714 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 9136065 | 59944 | SH |  | SOLE | None | 59944 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 8965030 | 95770 | SH |  | SOLE | None | 95770 | 0 | 0 |
| UNITIL CORP | COM | 913259107 |  | 8826640 | 182218 | SH |  | SOLE | None | 182218 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 8684263 | 797453 | SH |  | SOLE | None | 797453 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 8643738 | 231116 | SH |  | SOLE | None | 231116 | 0 | 0 |
| ITRON INC | COM | 465741106 |  | 8570792 | 92298 | SH |  | SOLE | None | 92298 | 0 | 0 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 8193184 | 26755 | SH |  | SOLE | None | 26755 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 7937645 | 207033 | SH |  | SOLE | None | 207033 | 0 | 0 |
| ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 |  | 7925087 | 34082 | SH |  | SOLE | None | 34082 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 7586379 | 67790 | SH |  | SOLE | None | 67790 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 7437422 | 103643 | SH |  | SOLE | None | 103643 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 7198165 | 141390 | SH |  | SOLE | None | 141390 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 6811854 | 51325 | SH |  | SOLE | None | 51325 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 6585314 | 176977 | SH |  | SOLE | None | 176977 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 6026926 | 28977 | SH |  | SOLE | None | 28977 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 5821192 | 46336 | SH |  | SOLE | None | 46336 | 0 | 0 |
| AMERICAN RES CORP | CL A | 02927U208 |  | 5749634 | 2318401 | SH |  | SOLE | None | 2318401 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 5696627 | 284689 | SH |  | SOLE | None | 284689 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 5606952 | 162709 | SH |  | SOLE | None | 162709 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 5558509 | 50758 | SH |  | SOLE | None | 50758 | 0 | 0 |
| EXCELERATE ENERGY INC | CL A COM | 30069T101 |  | 5383637 | 191930 | SH |  | SOLE | None | 191930 | 0 | 0 |
| TETRA TECHNOLOGIES INC DEL | COM | 88162F105 |  | 5351516 | 571133 | SH |  | SOLE | None | 571133 | 0 | 0 |
| HYLIION HOLDINGS CORP | COMMON STOCK | 449109107 |  | 5203045 | 2827742 | SH |  | SOLE | None | 2827742 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | *W EXP 03/15/202 | 612160119 |  | 5192034 | 6108275 | SH |  | SOLE | None | 6108275 | 0 | 0 |
| COEUR MNG INC | COM NEW | 192108504 |  | 4897384 | 274671 | SH |  | SOLE | None | 274671 | 0 | 0 |
| EVGO INC | CL A COM | 30052F100 |  | 4727083 | 1624427 | SH |  | SOLE | None | 1624427 | 0 | 0 |
| USA RARE EARTH INC | COM | 91733P107 |  | 4390124 | 368918 | SH |  | SOLE | None | 368918 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 3856193 | 52153 | SH |  | SOLE | None | 52153 | 0 | 0 |
| IDAHO STRATEGIC RESOURCES | COM NEW | 645827205 |  | 3704779 | 91930 | SH |  | SOLE | None | 91930 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 3648060 | 33056 | SH |  | SOLE | None | 33056 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 3498489 | 34309 | SH |  | SOLE | None | 34309 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 3462407 | 241451 | SH |  | SOLE | None | 241451 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 3448358 | 15864 | SH |  | SOLE | None | 15864 | 0 | 0 |
| NIOCORP DEVS LTD | COM NEW | 654484609 |  | 3365002 | 634906 | SH |  | SOLE | None | 634906 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 3267850 | 5000 | SH |  | SOLE | None | 5000 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 3200611 | 14068 | SH |  | SOLE | None | 14068 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 3135159 | 64536 | SH |  | SOLE | None | 64536 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 3121460 | 166923 | SH |  | SOLE | None | 166923 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 3049116 | 146381 | SH |  | SOLE | None | 146381 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2923015 | 15673 | SH |  | SOLE | None | 15673 | 0 | 0 |
| UR-ENERGY INC | COM | 91688R108 |  | 2871046 | 2065501 | SH |  | SOLE | None | 2065501 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 2815192 | 21086 | SH |  | SOLE | None | 21086 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 2744603 | 38231 | SH |  | SOLE | None | 38231 | 0 | 0 |
| WERIDE INC | SPONSORED ADS | 950915108 |  | 2724470 | 313879 | SH |  | SOLE | None | 313879 | 0 | 0 |
| EVE HLDG INC | COM | 29970N104 |  | 2470915 | 619277 | SH |  | SOLE | None | 619277 | 0 | 0 |
| ASP ISOTOPES INC | COM | 00218A105 |  | 2406874 | 449883 | SH |  | SOLE | None | 449883 | 0 | 0 |
| LANDBRIDGE COMPANY LLC | CL A | 514952100 |  | 2307674 | 47105 | SH |  | SOLE | None | 47105 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2045760 | 3000 | SH |  | SOLE | None | 3000 | 0 | 0 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 2036092 | 195028 | SH |  | SOLE | None | 195028 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2014296 | 4479 | SH |  | SOLE | None | 4479 | 0 | 0 |
| INSPERITY INC | COM | 45778Q107 |  | 1992183 | 51451 | SH |  | SOLE | None | 51451 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1871742 | 96631 | SH |  | SOLE | None | 96631 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 |  | 1735500 | 25000 | SH |  | SOLE | None | 25000 | 0 | 0 |
| NET POWER INC | COM CL A | 64107A105 |  | 1707927 | 749091 | SH |  | SOLE | None | 749091 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 1593301 | 11790 | SH |  | SOLE | None | 11790 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 1278084 | 16797 | SH |  | SOLE | None | 16797 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 1230000 | 200000 | SH |  | SOLE | None | 200000 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 1167828 | 50186 | SH |  | SOLE | None | 50186 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 1110787 | 33367 | SH |  | SOLE | None | 33367 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 3.625%10/1 | 76954AAD5 |  | 1091353 | 971000 | PRN |  | SOLE | None | 41684 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 1045648 | 1225704 | SH |  | SOLE | None | 1225704 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 |  | 956052 | 2587 | SH |  | SOLE | None | 2587 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 945157 | 20869 | SH |  | SOLE | None | 20869 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 938567 | 4324 | SH |  | SOLE | None | 4324 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 |  | 909165 | 8838 | SH |  | SOLE | None | 8838 | 0 | 0 |
| WOLFSPEED INC | COMMON STOCK | 97785W106 |  | 785278 | 45105 | SH |  | SOLE | None | 45105 | 0 | 0 |
| AMERICAS CAR-MART INC | COM | 03062T105 |  | 782732 | 30987 | SH |  | SOLE | None | 30987 | 0 | 0 |
| USA RARE EARTH INC | PUT | 91733P957 |  | 742500 | 2250 | SH | Put | SOLE | None | 2250 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 698030 | 7653 | SH |  | SOLE | None | 7653 | 0 | 0 |
| ELEVRA LITHIUM LTD | SPONSORED ADS | 805700101 |  | 639672 | 12168 | SH |  | SOLE | None | 12168 | 0 | 0 |
| SES AI CORPORATION | CL A COM | 78397Q109 |  | 551018 | 306121 | SH |  | SOLE | None | 306121 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 541841 | 45725 | SH |  | SOLE | None | 45725 | 0 | 0 |
| HESAI GROUP | SPONSORED ADS | 428050108 |  | 474051 | 21163 | SH |  | SOLE | None | 21163 | 0 | 0 |
| MP MATERIALS CORP | PUT | 553368951 |  | 472500 | 2250 | SH | Put | SOLE | None | 2250 | 0 | 0 |
| AMPRIUS TECHNOLOGIES INC | COMMON STOCK | 03214Q108 |  | 456058 | 57802 | SH |  | SOLE | None | 57802 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 428320 | 2000 | SH |  | SOLE | None | 2000 | 0 | 0 |
| FERMI INC | COM | 314911108 |  | 363304 | 45413 | SH |  | SOLE | None | 45413 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 339920 | 4000 | SH |  | SOLE | None | 4000 | 0 | 0 |
| RICE ACQUISITION CORP 3 | *W EXP 99/99/999 | G7553X114 |  | 306751 | 383439 | SH |  | SOLE | None | 383439 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 300581 | 7779 | SH |  | SOLE | None | 7779 | 0 | 0 |

---