CNX Midstream Partners LP
CNXM
CNXM was delisted on the 25th of September, 2020.
86 hedge funds and large institutions have $550M invested in CNX Midstream Partners LP in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more funds holding
Funds holding: 77 → 86 (+9)
6% more call options, than puts
Call options by funds: $879K | Put options by funds: $831K
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
14% less capital invested
Capital invested by funds: $640M → $550M (-$90M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$23.8M |
| 2 |
ClearBridge Investments
New York
|
+$14.5M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$10.3M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$3.88M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$13.9M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$9.73M |
| 3 |
Goldman Sachs
New York
|
-$7.37M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$6.93M |
| 5 |
Renaissance Technologies
New York
|
-$4.84M |
CNXM Hedge Fund Activity: Q4 2018 in Review
86 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CNX Midstream Partners LP (CNXM) for Q4 2018, worth a combined $550M — down 14% from $640M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CNXM positions and 10 closed out — a net gain of 11 holders — while 28 added to existing stakes and 27 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $23.8M. The largest seller was Magnetar Financial, exiting entirely with an estimated $13.9M sold.
- 86 institutional investors held CNX Midstream Partners LP (CNXM) as of Q4 2018, up from 77 in Q3 2018.
- Funds reported $550M of CNX Midstream Partners LP stock for Q4 2018, down 14% quarter-over-quarter.
- 21 funds opened new CNX Midstream Partners LP positions in Q4 2018 and 10 closed out, a net change of +11 holders.
- The largest CNX Midstream Partners LP buyer in Q4 2018 was JP Morgan Chase, an estimated $23.8M added.
- The largest CNX Midstream Partners LP seller in Q4 2018 was Magnetar Financial, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2018.