EQM Midstream Partners, LP
EQM
EQM was delisted on the 16th of June, 2020.
192 hedge funds and large institutions have $3.5B invested in EQM Midstream Partners, LP in 2018 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 46 increasing their positions, 79 reducing their positions, and 33 closing their positions.
415% more call options, than puts
Call options by funds: $34.8M | Put options by funds: $6.75M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
2% less funds holding
Funds holding: 196 → 192 (-4)
21% less capital invested
Capital invested by funds: $4.41B → $3.5B (-$907M)
42% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$54M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$43.9M |
| 3 |
Goldman Sachs
New York
|
+$33.4M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$30.7M |
| 5 |
JP Morgan Chase
New York
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$92.2M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$51.6M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$30.8M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$29.3M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$25.8M |
EQM Hedge Fund Activity: Q4 2018 in Review
192 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in EQM Midstream Partners, LP (EQM) for Q4 2018, worth a combined $3.5B — down 21% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new EQM positions and 33 closed out — a net gain of 1 holder — while 46 added to existing stakes and 79 trimmed.
The largest buyer was HITE Hedge Asset Management, adding an estimated $54M. The largest seller was Salient Capital Advisors, cutting an estimated $92.2M.
- 192 institutional investors held EQM Midstream Partners, LP (EQM) as of Q4 2018, down from 196 in Q3 2018.
- Funds reported $3.5B of EQM Midstream Partners, LP stock for Q4 2018, down 21% quarter-over-quarter.
- 34 funds opened new EQM Midstream Partners, LP positions in Q4 2018 and 33 closed out, a net change of +1 holder.
- The largest EQM Midstream Partners, LP buyer in Q4 2018 was HITE Hedge Asset Management, an estimated $54M added.
- The largest EQM Midstream Partners, LP seller in Q4 2018 was Salient Capital Advisors, an estimated $92.2M sold.
Based on aggregated 13F filings for Q4 2018.