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CNXM

CNX Midstream Partners LP
CNXM

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 23 (+1)

12% more funds holding

Funds holding: 7786 (+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)

Holders
86
Holders Change
+9
Holders Change %
+11.69%
% of All Funds
1.92%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
21
Increased
28
Reduced
27
Closed
10
Calls
$879K
Puts
$831K
Net Calls
+$48K
Net Calls Change
-$4.26M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
1
Tortoise Capital Advisors
Kansas
$82.2M +$886K +48,973 +1%
ClearBridge Investments
2
ClearBridge Investments
New York
$51.1M +$14.5M +800,000 +34%
KACA
3
Kayne Anderson Capital Advisors
California
$49.8M +$3.88M +214,300 +8%
NIM
4
NXG Investment Management
Texas
$42.2M -$4.33M -239,608 -8%
O
5
OppenheimerFunds
New York
$41.1M -$584K -32,275 -1%
JP Morgan Chase
6
JP Morgan Chase
New York
$29.1M +$23.8M +1,318,082 +282%
HHAM
7
HITE Hedge Asset Management
Massachusetts
$27.8M -$1.29M -71,269 -4%
Citigroup
8
Citigroup
New York
$23.5M +$821K +45,420 +3%
UBS Group
9
UBS Group
Switzerland
$18.8M +$3.85M +212,861 +23%
OCM
10
Oakview Capital Management
Texas
$17.9M +$1.36M +75,433 +7%
Morgan Stanley
11
Morgan Stanley
New York
$14.2M -$326K -18,054 -2%
Allianz Asset Management
12
Allianz Asset Management
Germany
$14.2M -$6.93M -383,400 -30%
Cohen & Steers
13
Cohen & Steers
New York
$14.2M +$451K +24,962 +3%
CIBC Private Wealth Group
14
CIBC Private Wealth Group
Georgia
$13.2M +$10.3M +571,389 +238%
Goldman Sachs
15
Goldman Sachs
New York
$13.1M -$7.37M -407,431 -34%
SOAMC
16
Spirit of America Management Corp
New York
$12.5M -$803K -44,400 -5%
SCA
17
Salient Capital Advisors
Texas
$12.2M +$6.13K +339 +0%
WHG
18
Westwood Holdings Group
Texas
$7.31M -$73.9K -4,087 -0.9%
EGA
19
Eagle Global Advisors
Texas
$5.23M +$388K +21,458 +7%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$4.62M +$2.84M +157,318 +125%
DPIM
21
Duff & Phelps Investment Management
Illinois
$4.08M
VAIA
22
Virtus Alternative Investment Advisers
Connecticut
$3.99M
BCFA
23
BP Capital Fund Advisors
Texas
$3.95M -$9.02K -499 -0.2%
PGCM
24
Prescott Group Capital Management
Oklahoma
$3.26M
BC
25
Brookfield Corp
Ontario, Canada
$2.98M -$9.73M -537,877 -75%

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.