CNX Midstream Partners LP
CNXM
CNXM was delisted on the 25th of September, 2020.
50 hedge funds and large institutions have $334M invested in CNX Midstream Partners LP in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 9 closing their positions.
6% less funds holding
Funds holding: 53 → 50 (-3)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
28% less capital invested
Capital invested by funds: $464M → $334M (-$130M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$10.5M |
| 2 |
Goldman Sachs
New York
|
+$6.13M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$5.39M |
| 4 |
OCM
Osterweis Capital Management
San Francisco,
California
|
+$4.48M |
| 5 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$15.3M |
| 2 |
Cohen & Steers
New York
|
-$8.57M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$7.61M |
| 4 |
Morgan Stanley
New York
|
-$4.66M |
| 5 |
Jennison Associates
New York
|
-$3.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$15.3M | -634,900 | Closed |
|
|
52
Cohen & Steers
New York
| – | -$8.57M | -355,342 | Closed |
|
|
HHAM
53
HITE Hedge Asset Management
Braintree,
Massachusetts
| – | -$7.61M | -315,279 | Closed |
|
|
MLICM
54
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$1.69M | -70,000 | Closed |
|
|
DCM
55
Driehaus Capital Management
Chicago,
Illinois
| – | -$782K | -32,422 | Closed |
|
|
CBB
56
Citizens Business Bank
Ontario,
California
| – | -$772K | -32,000 | Closed |
|
|
N
57
Nuveen
Charlotte,
North Carolina
| – | -$557K | -23,098 | Closed |
|
|
RJA
58
Raymond James & Associates
St Petersburg,
Florida
| – | -$382K | -15,850 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$14K | -600 | Closed |
|
CNXM Hedge Fund Activity: Q1 2015 in Review
50 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in CNX Midstream Partners LP (CNXM) for Q1 2015, worth a combined $334M — down 28% from $464M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CNXM and 6 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was ClearBridge Investments, adding an estimated $10.5M. The largest seller was Deutsche Bank, exiting entirely with an estimated $15.3M sold.
- 50 institutional investors held CNX Midstream Partners LP (CNXM) as of Q1 2015, down from 53 in Q4 2014.
- Funds reported $334M of CNX Midstream Partners LP stock for Q1 2015, down 28% quarter-over-quarter.
- 6 funds opened new CNX Midstream Partners LP positions in Q1 2015 and 9 closed out, a net change of -3 holders.
- The largest CNX Midstream Partners LP buyer in Q1 2015 was ClearBridge Investments, an estimated $10.5M added.
- The largest CNX Midstream Partners LP seller in Q1 2015 was Deutsche Bank, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2015.