Graham Capital Management’s Hess Midstream HESM Stock Holding History

Graham Capital Management’s Portfolio HESM Stock Details HESM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-10,387	Closed	-$359K	–	1380
2025 Q3	$359K	Buy	+10,387	New	+$412K	0.01%	760
2025 Q1	–	Sell	-79,066	Closed	-$2.93M	–	1378
2024 Q4	$2.93M	Buy	79,066 +25,894	+49%	+$932K	0.04%	217
2024 Q3	$1.88M	Buy	53,172 +14,816	+39%	+$543K	0.03%	291
2024 Q2	$1.4M	Buy	38,356 +1,311	+4%	+$46.3K	0.03%	330
2024 Q1	$1.34M	Sell	37,045 -7,469	-17%	-$252K	0.03%	340
2023 Q4	$1.41M	Buy	44,514 +22,665	+104%	+$694K	0.03%	291
2023 Q3	$636K	Buy	+21,849	New	+$659K	0.01%	495

Other funds holding HESM

ALPS Advisors Denver, Colorado $21.3B AUM 21.71% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

TCA

Tortoise Capital Advisors Overland Park, Kansas $9.6B AUM 19.53% 1-Year Est. Return

Blackstone Inc New York $25.6B AUM 26.83% 1-Year Est. Return

Adage Capital Partners Boston, Massachusetts $64.8B AUM 42.7% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

EIP

Epoch Investment Partners New York $16.5B AUM 24.3% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Graham Capital Management's HESM Position: Q4 2025 in Review

Graham Capital Management sold out of Hess Midstream (HESM) in Q4 2025, closing a stake of 10,387 shares — an estimated $359K sold.

Graham Capital Management first reported a position in HESM in Q3 2023 and held it in 7 quarters. The position peaked at $2.93M in Q4 2024. 268 funds tracked by Wall St. Rank hold HESM as of Q4 2025.

Graham Capital Management reported no remaining Hess Midstream position as of Q4 2025 after selling out during the quarter.
Graham Capital Management sold 10,387 Hess Midstream shares in Q4 2025, an estimated $359K.
Graham Capital Management first reported a position in Hess Midstream in Q3 2023 and held it in 7 quarters.
Graham Capital Management's Hess Midstream position peaked at $2.93M in Q4 2024.
268 funds tracked by Wall St. Rank held Hess Midstream as of Q4 2025.

Based on Graham Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.