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CNXM

CNX Midstream Partners LP
CNXM

Delisted

CNXM was delisted on the 25th of September, 2020.

77 hedge funds and large institutions have $640M invested in CNX Midstream Partners LP in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more call options, than puts

Call options by funds: $5.92M | Put options by funds: $1.61M

72% more capital invested

Capital invested by funds: $372M → $640M (+$268M)

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less funds holding

Funds holding: 8277 (-5)

27% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 15

Holders
77
Holders Change
-5
Holders Change %
-6.1%
% of All Funds
1.76%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
30
Reduced
24
Closed
15
Calls
$5.92M
Puts
$1.61M
Net Calls
+$4.3M
Net Calls Change
+$3.23M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$96.3M +$98.9M +5,000,000 New
KACA
2
Kayne Anderson Capital Advisors
California
$54.7M +$41.9M +2,120,000 +293%
NIM
3
NXG Investment Management
Texas
$54.6M +$17.9M +907,140 +47%
O
4
OppenheimerFunds
New York
$49.2M +$29.7M +1,499,036 +142%
ClearBridge Investments
5
ClearBridge Investments
New York
$45.1M +$1.48M +75,000 +3%
HHAM
6
HITE Hedge Asset Management
Massachusetts
$34.2M +$13.2M +664,725 +60%
Citigroup
7
Citigroup
New York
$26.9M +$27.4M +1,385,480 +13,599%
Allianz Asset Management
8
Allianz Asset Management
Germany
$24.2M -$4.46M -225,600 -15%
Goldman Sachs
9
Goldman Sachs
New York
$23.3M -$368K -18,595 -2%
OCM
10
Oakview Capital Management
Texas
$19.7M -$3.27M -165,127 -14%
UBS Group
11
UBS Group
Switzerland
$18.1M -$36.8K -1,858 -0.2%
Morgan Stanley
12
Morgan Stanley
New York
$17.2M +$540K +27,290 +3%
Cohen & Steers
13
Cohen & Steers
New York
$16.3M +$13.8M +697,006 +464%
SOAMC
14
Spirit of America Management Corp
New York
$15.6M -$24.2K -1,225 -0.2%
SCA
15
Salient Capital Advisors
Texas
$14.4M +$12.6M +638,078 +574%
BC
16
Brookfield Corp
Ontario, Canada
$13.9M +$8.31M +419,875 +140%
MF
17
Magnetar Financial
Illinois
$13.9M +$11.8M +595,000 +476%
JP Morgan Chase
18
JP Morgan Chase
New York
$8.99M +$3.68M +185,967 +66%
WHG
19
Westwood Holdings Group
Texas
$8.72M -$3.25M -164,515 -27%
EGA
20
Eagle Global Advisors
Texas
$5.78M +$1.38M +69,500 +30%
Bank of America
21
Bank of America
North Carolina
$5.31M +$1.03M +51,944 +23%
Deutsche Bank
22
Deutsche Bank
Germany
$4.93M +$1.09M +55,029 +27%
Renaissance Technologies
23
Renaissance Technologies
New York
$4.84M +$1.59M +80,500 +47%
DPIM
24
Duff & Phelps Investment Management
Illinois
$4.82M +$900K +45,500 +22%
VAIA
25
Virtus Alternative Investment Advisers
Connecticut
$4.77M +$4.85M +245,000 New

CNXM Hedge Fund Activity: Q3 2018 in Review

77 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CNX Midstream Partners LP (CNXM) for Q3 2018, worth a combined $640M — up 72% from $372M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of CNXM and 11 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 30 added.

The largest buyer was Tortoise Capital Advisors, opening a new position worth an estimated $98.9M. The largest seller was Allianz Asset Management, cutting an estimated $4.46M.

  • 77 institutional investors held CNX Midstream Partners LP (CNXM) as of Q3 2018, down from 82 in Q2 2018.
  • Funds reported $640M of CNX Midstream Partners LP stock for Q3 2018, up 72% quarter-over-quarter.
  • 11 funds opened new CNX Midstream Partners LP positions in Q3 2018 and 15 closed out, a net change of -4 holders.
  • The largest CNX Midstream Partners LP buyer in Q3 2018 was Tortoise Capital Advisors, an estimated $98.9M added.
  • The largest CNX Midstream Partners LP seller in Q3 2018 was Allianz Asset Management, an estimated $4.46M sold.

Based on aggregated 13F filings for Q3 2018.