CNX Midstream Partners LP
CNXM
CNXM was delisted on the 25th of September, 2020.
77 hedge funds and large institutions have $178M invested in CNX Midstream Partners LP in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 16 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
3% more funds holding
Funds holding: 75 → 77 (+2)
18% less capital invested
Capital invested by funds: $217M → $178M (-$39M)
56% less call options, than puts
Call options by funds: $4.24M | Put options by funds: $9.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$16.6M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$9.66M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$6.93M |
| 4 |
Blackstone Inc
New York
|
+$6.14M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oakview Capital Management
Dallas,
Texas
|
-$10.5M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$8.23M |
| 3 |
JP Morgan Chase
New York
|
-$5.15M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.74M |
CNXM Hedge Fund Activity: Q2 2020 in Review
77 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in CNX Midstream Partners LP (CNXM) for Q2 2020, worth a combined $178M — down 18% from $217M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CNXM positions and 16 closed out — a net gain of 5 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $16.6M. The largest seller was Oakview Capital Management, exiting entirely with an estimated $10.5M sold.
- 77 institutional investors held CNX Midstream Partners LP (CNXM) as of Q2 2020, up from 75 in Q1 2020.
- Funds reported $178M of CNX Midstream Partners LP stock for Q2 2020, down 18% quarter-over-quarter.
- 21 funds opened new CNX Midstream Partners LP positions in Q2 2020 and 16 closed out, a net change of +5 holders.
- The largest CNX Midstream Partners LP buyer in Q2 2020 was Goldman Sachs, an estimated $16.6M added.
- The largest CNX Midstream Partners LP seller in Q2 2020 was Oakview Capital Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2020.