HITE Hedge Asset Management LLC Buys Plains All American Pipeline LP, Rice Midstream Partners LP, Tesoro Logistics LP, Sells EnLink Midstream LLC, VTTI Energy Partners LP, Energy Transfer Equity LP

• New Purchases: TLLP, WPZ, WNR, MPC, SMLP, TIP, ETP, EQGP, PAGP, CVRR,
• Added Positions: PAA, RMP, EPD, GLNG, SXL, CQH, WGP, OKS, MPLX, JPEP,
• Reduced Positions: ENLC, VTTI, TK, WNRL, SPH, TRGP, NSH, RICE, TGP, AMID,
• Sold Out: ETE, WMB, SPP, NEP, SHLX, SLV, CVI, ALDW, DM,

For the details of HITE Hedge Asset Management LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=HITE+Hedge+Asset+Management+LLC

1. Rice Midstream Partners LP (RMP) - 1,121,873 shares, 7.15% of the total portfolio. Shares added by 200.17%
2. NGL Energy Partners LP (NGL) - 1,273,438 shares, 6.93% of the total portfolio. Shares added by 5.98%
3. Plains All American Pipeline LP (PAA) - 775,310 shares, 6.49% of the total portfolio. Shares added by 4454.75%
4. Enterprise Products Partners LP (EPD) - 836,753 shares, 5.86% of the total portfolio. Shares added by 160.60%
5. Golar LNG Ltd (GLNG) - 942,970 shares, 5.61% of the total portfolio. Shares added by 101.29%

HITE Hedge Asset Management LLC initiated holdings in Tesoro Logistics LP. The purchase prices were between $43.95 and $51.5, with an estimated average price of $47.27. The stock is now traded at around $55.74. The impact to the portfolio due to this purchase was 4.48%. The holdings were 340,150 shares as of 2016-12-31.

HITE Hedge Asset Management LLC initiated holdings in Williams Partners LP. The purchase prices were between $33.25 and $38.09, with an estimated average price of $35.92. The stock is now traded at around $39.32. The impact to the portfolio due to this purchase was 2.05%. The holdings were 207,700 shares as of 2016-12-31.

HITE Hedge Asset Management LLC initiated holdings in Western Refining Inc. The purchase prices were between $26.35 and $39.5, with an estimated average price of $32.89. The stock is now traded at around $37.68. The impact to the portfolio due to this purchase was 1.82%. The holdings were 185,994 shares as of 2016-12-31.

HITE Hedge Asset Management LLC initiated holdings in Marathon Petroleum Corp. The purchase prices were between $40.96 and $51.12, with an estimated average price of $45.4. The stock is now traded at around $49.83. The impact to the portfolio due to this purchase was 1.13%. The holdings were 86,400 shares as of 2016-12-31.

HITE Hedge Asset Management LLC initiated holdings in Summit Midstream Partners LP. The purchase prices were between $20.85 and $25.2, with an estimated average price of $22.78. The stock is now traded at around $22.83. The impact to the portfolio due to this purchase was 0.94%. The holdings were 144,289 shares as of 2016-12-31.

HITE Hedge Asset Management LLC initiated holdings in iShares TIPS Bond. The purchase prices were between $111.09 and $116.38, with an estimated average price of $114.14. The stock is now traded at around $114.94. The impact to the portfolio due to this purchase was 0.79%. The holdings were 27,000 shares as of 2016-12-31.

HITE Hedge Asset Management LLC added to the holdings in Plains All American Pipeline LP by 4454.75%. The purchase prices were between $28.26 and $33.49, with an estimated average price of $31.6. The stock is now traded at around $31.04. The impact to the portfolio due to this purchase was 6.35%. The holdings were 775,310 shares as of 2016-12-31.

HITE Hedge Asset Management LLC added to the holdings in Rice Midstream Partners LP by 200.17%. The purchase prices were between $20.71 and $24.58, with an estimated average price of $22.28. The stock is now traded at around $23.73. The impact to the portfolio due to this purchase was 4.77%. The holdings were 1,121,873 shares as of 2016-12-31.

HITE Hedge Asset Management LLC added to the holdings in Enterprise Products Partners LP by 160.60%. The purchase prices were between $24.53 and $27.44, with an estimated average price of $26.05. The stock is now traded at around $27.87. The impact to the portfolio due to this purchase was 3.61%. The holdings were 836,753 shares as of 2016-12-31.

HITE Hedge Asset Management LLC added to the holdings in Golar LNG Ltd by 101.29%. The purchase prices were between $20.59 and $25.65, with an estimated average price of $23.26. The stock is now traded at around $26.43. The impact to the portfolio due to this purchase was 2.82%. The holdings were 942,970 shares as of 2016-12-31.

HITE Hedge Asset Management LLC added to the holdings in Sunoco Logistics Partners LP by 1076.44%. The purchase prices were between $22.52 and $28.09, with an estimated average price of $25.27. The stock is now traded at around $25.15. The impact to the portfolio due to this purchase was 2.56%. The holdings were 449,800 shares as of 2016-12-31.

HITE Hedge Asset Management LLC added to the holdings in Cheniere Energy Partners LP Holdings LLC by 117.37%. The purchase prices were between $19.14 and $22.75, with an estimated average price of $21.26. The stock is now traded at around $24.01. The impact to the portfolio due to this purchase was 1.86%. The holdings were 594,942 shares as of 2016-12-31.

HITE Hedge Asset Management LLC sold out the holdings in Energy Transfer Equity LP. The sale prices were between $13.8 and $19.59, with an estimated average price of $16.69.

HITE Hedge Asset Management LLC sold out the holdings in Williams Companies Inc. The sale prices were between $28.11 and $31.78, with an estimated average price of $30.14.

HITE Hedge Asset Management LLC sold out the holdings in Sanchez Production Partners LP. The sale prices were between $10.67 and $15.65, with an estimated average price of $12.7.

HITE Hedge Asset Management LLC sold out the holdings in NextEra Energy Partners LP. The sale prices were between $23.97 and $28.72, with an estimated average price of $26.13.

HITE Hedge Asset Management LLC sold out the holdings in Shell Midstream Partners LP. The sale prices were between $25.82 and $31.44, with an estimated average price of $27.84.

HITE Hedge Asset Management LLC sold out the holdings in iShares Silver Trust. The sale prices were between $14.91 and $17.87, with an estimated average price of $16.22.

HITE Hedge Asset Management LLC reduced to the holdings in EnLink Midstream LLC by 94.19%. The sale prices were between $14.85 and $19.25, with an estimated average price of $17.14. The stock is now traded at around $19.09. The impact to the portfolio due to this sale was -6.39%. HITE Hedge Asset Management LLC still held 73,901 shares as of 2016-12-31.

HITE Hedge Asset Management LLC reduced to the holdings in VTTI Energy Partners LP by 79.91%. The sale prices were between $15.65 and $19.31, with an estimated average price of $17.52. The stock is now traded at around $18.55. The impact to the portfolio due to this sale was -3.55%. HITE Hedge Asset Management LLC still held 147,352 shares as of 2016-12-31.

HITE Hedge Asset Management LLC reduced to the holdings in Teekay Corp by 78.47%. The sale prices were between $5.98 and $8.71, with an estimated average price of $7.7. The stock is now traded at around $10.06. The impact to the portfolio due to this sale was -2.65%. HITE Hedge Asset Management LLC still held 296,206 shares as of 2016-12-31.

HITE Hedge Asset Management LLC reduced to the holdings in Western Refining Logistics LP by 69.85%. The sale prices were between $19.5 and $24.28, with an estimated average price of $21.66. The stock is now traded at around $24.10. The impact to the portfolio due to this sale was -2.23%. HITE Hedge Asset Management LLC still held 130,493 shares as of 2016-12-31.

HITE Hedge Asset Management LLC reduced to the holdings in Suburban Propane Partners LP by 46.02%. The sale prices were between $27.5 and $34.27, with an estimated average price of $30.59. The stock is now traded at around $25.09. The impact to the portfolio due to this sale was -2.14%. HITE Hedge Asset Management LLC still held 236,542 shares as of 2016-12-31.

HITE Hedge Asset Management LLC reduced to the holdings in Targa Resources Corp by 82.77%. The sale prices were between $43.9 and $58.2, with an estimated average price of $50.52. The stock is now traded at around $55.78. The impact to the portfolio due to this sale was -1.33%. HITE Hedge Asset Management LLC still held 17,707 shares as of 2016-12-31.