CNX Midstream Partners LP
CNXM
CNXM was delisted on the 25th of September, 2020.
82 hedge funds and large institutions have $372M invested in CNX Midstream Partners LP in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more capital invested
Capital invested by funds: $212M → $372M (+$160M)
27% more call options, than puts
Call options by funds: $5.09M | Put options by funds: $4.02M
19% more funds holding
Funds holding: 69 → 82 (+13)
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$36.5M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$19.5M |
| 3 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$15.4M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$13.7M |
| 5 |
ClearBridge Investments
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$2.6M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$2.56M |
| 3 |
OCM
Oakview Capital Management
Dallas,
Texas
|
-$2.43M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.1M |
| 5 |
O
OppenheimerFunds
New York
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
76
Ladenburg Thalmann Financial Services
Miami,
Florida
| $20K | – | – | – |
|
77
Bessemer Group
Woodbridge,
New Jersey
| $10K | +$9.9K | +522 | New |
|
78
Simplex Trading
Chicago,
Illinois
| $4K | -$75.6K | -3,987 | -94% |
|
|
RWA
79
River Wealth Advisors
Camp Hill,
Pennsylvania
| $4K | – | – | – |
|
|
APA
80
American Portfolios Advisors
Holbrook,
New York
| $2.42K | – | – | – |
|
|
WAS
81
Winch Advisory Services
Appleton,
Wisconsin
| $2K | +$1.9K | +100 | New |
|
|
FGAM
82
Financial Gravity Asset Management
Lakeway,
Texas
| $1K | -$19 | -1 | -2% |
|
|
CCM
83
Catawba Capital Management
Roanoke,
Virginia
| – | -$430K | -23,400 | Closed |
|
84
Bank of New York Mellon
New York
| – | -$325K | -17,714 | Closed |
|
|
AWA
85
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$4K | -200 | Closed |
|
|
TCA
86
Tortoise Capital Advisors
Overland Park,
Kansas
| – | -$1K | -10 | Closed |
|
|
CF
87
Centaurus Financial
Anaheim,
California
| – | +$114 | +6 | New |
|
CNXM Hedge Fund Activity: Q2 2018 in Review
82 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CNX Midstream Partners LP (CNXM) for Q2 2018, worth a combined $372M — up 75% from $212M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CNXM positions and 5 closed out — a net gain of 17 holders — while 26 added to existing stakes and 22 trimmed.
The largest buyer was NXG Investment Management, opening a new position worth an estimated $36.5M. The largest seller was Marshall Wace North America, cutting an estimated $2.6M.
- 82 institutional investors held CNX Midstream Partners LP (CNXM) as of Q2 2018, up from 69 in Q1 2018.
- Funds reported $372M of CNX Midstream Partners LP stock for Q2 2018, up 75% quarter-over-quarter.
- 22 funds opened new CNX Midstream Partners LP positions in Q2 2018 and 5 closed out, a net change of +17 holders.
- The largest CNX Midstream Partners LP buyer in Q2 2018 was NXG Investment Management, an estimated $36.5M added.
- The largest CNX Midstream Partners LP seller in Q2 2018 was Marshall Wace North America, an estimated $2.6M sold.
Based on aggregated 13F filings for Q2 2018.