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HITE Hedge Asset Management LLC Buys Public Service Enterprise Group Inc, FirstEnergy Corp, Williams Inc, Sells CenterPoint Energy Inc, NextEra Energy Inc, Suncor Energy Inc

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Feb 17, 2022
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Newton, MA, based Investment company HITE Hedge Asset Management LLC (Current Portfolio) buys Public Service Enterprise Group Inc, FirstEnergy Corp, Williams Inc, Dominion Energy Inc, Aris Water Solutions Inc, sells CenterPoint Energy Inc, NextEra Energy Inc, Suncor Energy Inc, DT Midstream Inc, Southern Co during the 3-months ended 2021Q4, according to the most recent filings of the investment company, HITE Hedge Asset Management LLC. As of 2021Q4, HITE Hedge Asset Management LLC owns 152 stocks with a total value of $862 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. Targa Resources Corp (TRGP) - 1,088,912 shares, 6.60% of the total portfolio. Shares reduced by 3.32%
  2. NiSource Inc (NI) - 1,981,377 shares, 6.35% of the total portfolio. Shares reduced by 12.43%
  3. Entergy Corp (ETR) - 375,595 shares, 4.91% of the total portfolio. Shares added by 5.35%
  4. Archaea Energy Inc (LFG) - 2,200,654 shares, 4.67% of the total portfolio. Shares added by 27.41%
  5. Ovintiv Inc (OVV) - 852,211 shares, 3.33% of the total portfolio. Shares added by 49.66%
New Purchase: Public Service Enterprise Group Inc (PEG)

HITE Hedge Asset Management LLC initiated holding in Public Service Enterprise Group Inc. The purchase prices were between $59.28 and $66.73, with an estimated average price of $63.36. The stock is now traded at around $64.790000. The impact to a portfolio due to this purchase was 1.94%. The holding were 250,000 shares as of 2021-12-31.

New Purchase: FirstEnergy Corp (FE)

HITE Hedge Asset Management LLC initiated holding in FirstEnergy Corp. The purchase prices were between $35.64 and $41.59, with an estimated average price of $38.63. The stock is now traded at around $41.080000. The impact to a portfolio due to this purchase was 1.84%. The holding were 380,800 shares as of 2021-12-31.

New Purchase: Dominion Energy Inc (D)

HITE Hedge Asset Management LLC initiated holding in Dominion Energy Inc. The purchase prices were between $70.85 and $78.57, with an estimated average price of $75.32. The stock is now traded at around $78.670000. The impact to a portfolio due to this purchase was 1.37%. The holding were 150,000 shares as of 2021-12-31.

New Purchase: Aris Water Solutions Inc (ARIS)

HITE Hedge Asset Management LLC initiated holding in Aris Water Solutions Inc. The purchase prices were between $10.48 and $14.53, with an estimated average price of $13.28. The stock is now traded at around $13.000000. The impact to a portfolio due to this purchase was 1.29%. The holding were 858,267 shares as of 2021-12-31.

New Purchase: The Growth for Good Acquisition Corp (GFGDU)

HITE Hedge Asset Management LLC initiated holding in The Growth for Good Acquisition Corp. The purchase prices were between $9.96 and $10.01, with an estimated average price of $9.99. The stock is now traded at around $10.000000. The impact to a portfolio due to this purchase was 1.27%. The holding were 1,100,000 shares as of 2021-12-31.

New Purchase: iShares 20+ Year Treasury Bond ETF (TLT)

HITE Hedge Asset Management LLC initiated holding in iShares 20+ Year Treasury Bond ETF. The purchase prices were between $140.81 and $153.96, with an estimated average price of $146.9. The stock is now traded at around $135.780000. The impact to a portfolio due to this purchase was 0.98%. The holding were 57,155 shares as of 2021-12-31.

Added: Williams Companies Inc (WMB)

HITE Hedge Asset Management LLC added to a holding in Williams Companies Inc by 288.35%. The purchase prices were between $25.35 and $29.55, with an estimated average price of $27.64. The stock is now traded at around $30.010000. The impact to a portfolio due to this purchase was 1.49%. The holding were 663,560 shares as of 2021-12-31.

Added: Valero Energy Corp (VLO)

HITE Hedge Asset Management LLC added to a holding in Valero Energy Corp by 267.40%. The purchase prices were between $66.94 and $82.69, with an estimated average price of $74.42. The stock is now traded at around $88.040000. The impact to a portfolio due to this purchase was 1.27%. The holding were 200,659 shares as of 2021-12-31.

Added: Ovintiv Inc (OVV)

HITE Hedge Asset Management LLC added to a holding in Ovintiv Inc by 49.66%. The purchase prices were between $30.99 and $39.84, with an estimated average price of $35.74. The stock is now traded at around $41.060000. The impact to a portfolio due to this purchase was 1.1%. The holding were 852,211 shares as of 2021-12-31.

Added: Archaea Energy Inc (LFG)

HITE Hedge Asset Management LLC added to a holding in Archaea Energy Inc by 27.41%. The purchase prices were between $16.84 and $21.59, with an estimated average price of $18.87. The stock is now traded at around $16.890000. The impact to a portfolio due to this purchase was 1%. The holding were 2,200,654 shares as of 2021-12-31.

Added: Evergy Inc (EVRG)

HITE Hedge Asset Management LLC added to a holding in Evergy Inc by 46.67%. The purchase prices were between $61.96 and $68.61, with an estimated average price of $65.1. The stock is now traded at around $61.210000. The impact to a portfolio due to this purchase was 0.78%. The holding were 308,006 shares as of 2021-12-31.

Added: Benson Hill Inc (BHIL)

HITE Hedge Asset Management LLC added to a holding in Benson Hill Inc by 608.07%. The purchase prices were between $6 and $7.67, with an estimated average price of $6.92. The stock is now traded at around $2.800000. The impact to a portfolio due to this purchase was 0.76%. The holding were 1,050,707 shares as of 2021-12-31.

Sold Out: NextEra Energy Inc (NEE)

HITE Hedge Asset Management LLC sold out a holding in NextEra Energy Inc. The sale prices were between $77.83 and $93.36, with an estimated average price of $86.61.

Sold Out: Suncor Energy Inc (SU)

HITE Hedge Asset Management LLC sold out a holding in Suncor Energy Inc. The sale prices were between $21.37 and $26.72, with an estimated average price of $24.45.

Sold Out: DT Midstream Inc (DTM)

HITE Hedge Asset Management LLC sold out a holding in DT Midstream Inc. The sale prices were between $45.53 and $50.23, with an estimated average price of $47.91.

Sold Out: Southern Co (SO)

HITE Hedge Asset Management LLC sold out a holding in Southern Co. The sale prices were between $61.1 and $68.58, with an estimated average price of $63.82.

Sold Out: Enerplus Corp (ERF)

HITE Hedge Asset Management LLC sold out a holding in Enerplus Corp. The sale prices were between $8.38 and $10.87, with an estimated average price of $9.74.

Sold Out: Canadian Natural Resources Ltd (CNQ)

HITE Hedge Asset Management LLC sold out a holding in Canadian Natural Resources Ltd. The sale prices were between $38.12 and $43.59, with an estimated average price of $41.41.



Here is the complete portfolio of HITE Hedge Asset Management LLC. Also check out:

1. HITE Hedge Asset Management LLC's Undervalued Stocks
2. HITE Hedge Asset Management LLC's Top Growth Companies, and
3. HITE Hedge Asset Management LLC's High Yield stocks
4. Stocks that HITE Hedge Asset Management LLC keeps buying
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