Hite Hedge Asset Management provides portfolio management for pooled vehicles. The firm advises 4 private funds.
Hite Hedge Asset Management reports 7 clients. They include 4 pooled investment vehicles and 3 other clients. Of its assets, 100.0% ($2.18B across 7 accounts) are managed with discretion. Of its clients, 57% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 57% | 83% |
| Other | 43% | 17% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 4 | $1.81B | 83.1% | $453M |
| Other | 3 | $368M | 16.9% | $123M |
| Total | 7 | $2.18B | 100% | $312M |
- Clients
- 4
- Regulatory AUM
- $1.81B
- AUM share
- 83.1%
- Avg. per client
- $453M
- Clients
- 3
- Regulatory AUM
- $368M
- AUM share
- 16.9%
- Avg. per client
- $123M
Total
- Clients
- 7
- Regulatory AUM
- $2.18B
- AUM share
- 100%
- Avg. per client
- $312M
- Clients outside the U.S.
- 57%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 4
- Financial planning clients last fiscal year
- 0
Hite Hedge Asset Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Hite Hedge Asset Management LP owns 75% or more of Hite Hedge Asset Management and is in turn owned by NL Hite Holdings LLC (50–75%) and Asl Hite Holdings LLC (25–50%). The leadership team of Hite Hedge Asset Management includes Chief Operating Officer Howard Rubin. It has 21 employees, 13 of them in advisory roles.
Leadership
- Howard RubinChief Operating Officer, Chief Financial Officer, Chief Compliance Officer
- Robert NiblackManaging Member
Staff
- 21 employees
- 13 in advisory functions
- 3 soliciting firms
- Owns 75% or more of Hite Hedge Asset Management LLC
Hite Hedge Asset Management LP
Control person · since December 2018
- Owns 50% to 75% of Hite Hedge Asset Management LP
NL Hite Holdings LLC
Control person · since June 2021
- Owns 75% or more of NL Hite Holdings LLC
Robert Niblack
Control person · since June 2021
- Owns 25% to 50% of Hite Hedge Asset Management LP
Asl Hite Holdings LLC
Control person · since June 2021
- Owns 75% or more of Asl Hite Holdings LLC
Asl Capital LLC
Control person · since June 2021
- Owns 75% or more of Asl Capital LLC
The Niblack Layne 2021 Delaware Trust
Control person · since June 2021
JP Morgan Trust Company of Delaware
Trustee · since June 2021
Hite Hedge Asset Management GP LLC
General partner · Control person · since June 2021
Hite Hedge Asset Management’s regulatory assets grew 2.2× from $1.01B (June 2021) to $2.18B (March 2026); clients were 7 in both filings and employees rose from 13 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.18B | 7 | 21 | 2 |
| March 2025 | $2.57B | 7 | 20 | 2 |
| March 2024 | $1.88B | 5 | 18 | 2 |
| March 2023 | $2.32B | 4 | 15 | 2 |
| March 2022 | $1.55B | 9 | 14 | 2 |
| June 2021 | $1.01B | 7 | 13 | 1 |
Besides its headquarters, Hite Hedge Asset Management has 1 office, with 2 listed addresses in Massachusetts and New York.
Massachusetts · 1 listed address
- 25 Braintree Hill Office Park, Suite 310, BraintreeHQ
New York · 1 listed address
- 12 East 49th Street, New York
Contact and registration details
- Legal name
- Hite Hedge Asset Management LLC
- Headquarters
- 25 Braintree Hill Office Park, Suite 310, Braintree, MA 02184
- Website
- hitehedge.com
- Phone
- 617-431-4360
- SEC file
- 801-73166
- Structure
- Delaware LLC
- Fiscal year end
- December
Hite Hedge Asset Management uses Morgan Stanley ($325M, 98%), UBS Securities ($4.31M, 1%) and Bofa Securities ($678K, 0%), among others, as custodians for its separately managed accounts. Hite Hedge Asset Management has custody of $2.18B in client assets for 4 clients.
- Morgan StanleyMorgan Stanley & Co. LLC · New York, NY · $325M98%
- UBS SecuritiesUBS Securities LLC · New York, NY · $4.31M1%
- Bofa SecuritiesBofa Securities, Inc. · New York, NY · $678K0%
At year end, Hite Hedge Asset Management’s separately managed accounts were mostly in stocks (73%) and cash (26%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.83B across 125 positions; the largest are Portland Gen Elec CO (6.1%), Entergy Corp. New (5.4%) and Tamboran Res Corp. (5.1%).
What the accounts hold
- Stocks73%
- Cash26%
- Other1%
- Derivatives1%
Reported 13F holdings
- $1.83B
- Reported 13F value
- 125
- Positions
- 44.2%
- In the 10 largest
- +3.1%
- Value vs. prior quarter
- Portland Gen Elec CO6.1%
- Entergy Corp. New5.4%
- Tamboran Res Corp.5.1%
- Devon Energy Corp. New5.1%
- DTE Energy CO4.8%
- Xcel Energy Inc.4.7%
- Gulfport Energy Corp. · Common Shares3.7%
- Mdu Res Group Inc.3.6%
- American Elec Pwr CO Inc.2.8%
- PPL Corp.2.8%
Together, the ten largest are 44.2% of reported value.
How many clients does Hite Hedge Asset Management have?
Hite Hedge Asset Management has 7 clients and manages $2.18 billion for them, as of March 2026. They include 4 pooled investment vehicles and 3 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Hite Hedge Asset Management offer?
Hite Hedge Asset Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Hite Hedge Asset Management use?
Hite Hedge Asset Management’s separately managed account assets are held at Morgan Stanley & Co. LLC (New York, NY), with $325M, UBS Securities LLC (New York, NY), with $4.31M and Bofa Securities, Inc. (New York, NY), with $678K. The filing also lists J.P. Morgan Securities LLC with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Hite Hedge Asset Management have?
Hite Hedge Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 21 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Hite Hedge Asset Management invest in?
At the end of its last fiscal year, Hite Hedge Asset Management’s separately managed accounts held 73% exchange-traded equities, 26% cash and equivalents and 1% derivatives. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hite Hedge Asset Management?
Hite Hedge Asset Management is owned through a chain of holding companies by Robert Niblack. Its direct owner is Hite Hedge Asset Management LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Hite Hedge Asset Management get paid?
Hite Hedge Asset Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Hite Hedge Asset Management?
Hite Hedge Asset Management’s main office is at 25 Braintree Hill Office Park, Suite 310, Braintree, MA 02184. Its phone number is 617-431-4360. Its website is hitehedge.com.