HITE Hedge Asset Management LLC Buys Switchback Energy Acquisition Corp, ISHARES TRUST, Targa Resources Corp, Sells Parsley Energy Inc, CNX Midstream Partners LP, Kirby Corp

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Newton, MA, based Investment company HITE Hedge Asset Management LLC (Current Portfolio) buys Switchback Energy Acquisition Corp, ISHARES TRUST, Targa Resources Corp, Climate Change Crisis Real Impact I Acquisition Co, Viper Energy Partners LP, sells Parsley Energy Inc, CNX Midstream Partners LP, Kirby Corp, Plains GP Holdings LP, Enviva Partners LP during the 3-months ended 2020Q3, according to the most recent filings of the investment company, HITE Hedge Asset Management LLC. As of 2020Q3, HITE Hedge Asset Management LLC owns 94 stocks with a total value of $292 million. These are the details of the buys and sells.

For the details of HITE Hedge Asset Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/hite+hedge+asset+management+llc/current-portfolio/portfolio

These are the top 5 holdings of HITE Hedge Asset Management LLC
  1. Switchback Energy Acquisition Corp (SBE.U) - 1,611,503 shares, 9.42% of the total portfolio. New Position
  2. Viper Energy Partners LP (VNOM) - 2,394,656 shares, 6.16% of the total portfolio. Shares added by 48.89%
  3. ISHARES TRUST (LQD) - 103,954 shares, 4.79% of the total portfolio. Shares added by 321.29%
  4. Targa Resources Corp (TRGP) - 955,992 shares, 4.59% of the total portfolio. Shares added by 280.48%
  5. Vanguard Long-Term Corporate Bond ETF (VCLT) - 106,956 shares, 3.91% of the total portfolio. Shares added by 67.96%
New Purchase: Switchback Energy Acquisition Corp (SBE.U)

HITE Hedge Asset Management LLC initiated holding in Switchback Energy Acquisition Corp. The purchase prices were between $10.1 and $17.1, with an estimated average price of $11.36. The stock is now traded at around $19.85. The impact to a portfolio due to this purchase was 9.42%. The holding were 1,611,503 shares as of .

New Purchase: Climate Change Crisis Real Impact I Acquisition Co (CLII.U)

HITE Hedge Asset Management LLC initiated holding in Climate Change Crisis Real Impact I Acquisition Co. The purchase prices were between $10.05 and $10.05, with an estimated average price of $10.05. The stock is now traded at around $10.10. The impact to a portfolio due to this purchase was 2.75%. The holding were 800,000 shares as of .

New Purchase: ArcLight Clean Transition Corp (ACTCU)

HITE Hedge Asset Management LLC initiated holding in ArcLight Clean Transition Corp. The purchase prices were between $9.98 and $10.1, with an estimated average price of $10.03. The stock is now traded at around $9.90. The impact to a portfolio due to this purchase was 1.85%. The holding were 538,000 shares as of .

New Purchase: Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

HITE Hedge Asset Management LLC initiated holding in Vanguard Intermediate-Term Corporate Bond ETF. The purchase prices were between $95.12 and $97.1, with an estimated average price of $96.15. The stock is now traded at around $96.31. The impact to a portfolio due to this purchase was 1.74%. The holding were 53,024 shares as of .

New Purchase: ISHARES TRUST (HYG)

HITE Hedge Asset Management LLC initiated holding in ISHARES TRUST. The purchase prices were between $80.19 and $84.52, with an estimated average price of $83.12. The stock is now traded at around $85.92. The impact to a portfolio due to this purchase was 1.18%. The holding were 41,028 shares as of .

New Purchase: Holly Energy Partners LP (HEP)

HITE Hedge Asset Management LLC initiated holding in Holly Energy Partners LP. The purchase prices were between $12.13 and $15.97, with an estimated average price of $13.89. The stock is now traded at around $12.43. The impact to a portfolio due to this purchase was 1.1%. The holding were 265,844 shares as of .

Added: ISHARES TRUST (LQD)

HITE Hedge Asset Management LLC added to a holding in ISHARES TRUST by 321.29%. The purchase prices were between $134.22 and $139.15, with an estimated average price of $136.3. The stock is now traded at around $136.20. The impact to a portfolio due to this purchase was 3.65%. The holding were 103,954 shares as of .

Added: Targa Resources Corp (TRGP)

HITE Hedge Asset Management LLC added to a holding in Targa Resources Corp by 280.48%. The purchase prices were between $13.96 and $20.44, with an estimated average price of $17.57. The stock is now traded at around $21.58. The impact to a portfolio due to this purchase was 3.38%. The holding were 955,992 shares as of .

Added: Viper Energy Partners LP (VNOM)

HITE Hedge Asset Management LLC added to a holding in Viper Energy Partners LP by 48.89%. The purchase prices were between $7.5 and $11.3, with an estimated average price of $9.69. The stock is now traded at around $9.52. The impact to a portfolio due to this purchase was 2.02%. The holding were 2,394,656 shares as of .

Added: Vanguard Long-Term Corporate Bond ETF (VCLT)

HITE Hedge Asset Management LLC added to a holding in Vanguard Long-Term Corporate Bond ETF by 67.96%. The purchase prices were between $106.7 and $112.96, with an estimated average price of $109.2. The stock is now traded at around $108.75. The impact to a portfolio due to this purchase was 1.58%. The holding were 106,956 shares as of .

Added: Cheniere Energy Inc (LNG)

HITE Hedge Asset Management LLC added to a holding in Cheniere Energy Inc by 83.37%. The purchase prices were between $46.27 and $54.79, with an estimated average price of $50.69. The stock is now traded at around $52.90. The impact to a portfolio due to this purchase was 1.56%. The holding were 217,246 shares as of .

Added: Concho Resources Inc (CXO)

HITE Hedge Asset Management LLC added to a holding in Concho Resources Inc by 1182.43%. The purchase prices were between $43.35 and $54.43, with an estimated average price of $49.91. The stock is now traded at around $55.16. The impact to a portfolio due to this purchase was 1.45%. The holding were 104,223 shares as of .

Sold Out: CNX Midstream Partners LP (CNXM)

HITE Hedge Asset Management LLC sold out a holding in CNX Midstream Partners LP. The sale prices were between $6.2 and $10.51, with an estimated average price of $8.66.

Sold Out: Kirby Corp (KEX)

HITE Hedge Asset Management LLC sold out a holding in Kirby Corp. The sale prices were between $35.93 and $51.18, with an estimated average price of $44.12.

Sold Out: Altus Midstream Co (ALTM)

HITE Hedge Asset Management LLC sold out a holding in Altus Midstream Co. The sale prices were between $10.93 and $16.6, with an estimated average price of $12.78.

Sold Out: Phillips 66 Partners LP (PSXP)

HITE Hedge Asset Management LLC sold out a holding in Phillips 66 Partners LP. The sale prices were between $22.02 and $36.25, with an estimated average price of $27.69.

Sold Out: Schlumberger Ltd (SLB)

HITE Hedge Asset Management LLC sold out a holding in Schlumberger Ltd. The sale prices were between $15.56 and $20.36, with an estimated average price of $18.6.

Sold Out: Hillenbrand Inc (HI)

HITE Hedge Asset Management LLC sold out a holding in Hillenbrand Inc. The sale prices were between $25.05 and $33.94, with an estimated average price of $29.56.



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