CNX Midstream Partners LP
CNXM
CNXM was delisted on the 25th of September, 2020.
70 hedge funds and large institutions have $214M invested in CNX Midstream Partners LP in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 4 closing their positions.
500% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 4
40% more funds holding
Funds holding: 50 → 70 (+20)
1% more capital invested
Capital invested by funds: $211M → $214M (+$2.27M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
18.35% less ownership
Funds ownership: 36.59% → 18.24% (-18%)
55% less call options, than puts
Call options by funds: $4.56M | Put options by funds: $10.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$6.13M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$3.8M |
| 3 |
OCM
Oakview Capital Management
Dallas,
Texas
|
+$3.23M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$2.6M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$13.7M |
| 2 |
O
OppenheimerFunds
New York
|
-$11.9M |
| 3 |
Renaissance Technologies
New York
|
-$3.94M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.89M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$3.88M |
CNXM Hedge Fund Activity: Q1 2018 in Review
70 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in CNX Midstream Partners LP (CNXM) for Q1 2018, worth a combined $214M — up 1.1% from $211M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CNXM positions and 4 closed out — a net gain of 20 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $6.13M. The largest seller was Spirit of America Management Corp, exiting entirely with an estimated $13.7M sold.
- 70 institutional investors held CNX Midstream Partners LP (CNXM) as of Q1 2018, up from 50 in Q4 2017.
- Funds reported $214M of CNX Midstream Partners LP stock for Q1 2018, up 1.1% quarter-over-quarter.
- 24 funds opened new CNX Midstream Partners LP positions in Q1 2018 and 4 closed out, a net change of +20 holders.
- The largest CNX Midstream Partners LP buyer in Q1 2018 was Goldman Sachs, an estimated $6.13M added.
- The largest CNX Midstream Partners LP seller in Q1 2018 was Spirit of America Management Corp, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2018.