EQM Midstream Partners, LP
EQM
EQM was delisted on the 16th of June, 2020.
207 hedge funds and large institutions have $3.35B invested in EQM Midstream Partners, LP in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 85 increasing their positions, 64 reducing their positions, and 37 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 64
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
7% less funds holding
Funds holding: 223 → 207 (-16)
20% less capital invested
Capital invested by funds: $4.21B → $3.35B (-$859M)
22% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 37
23% less call options, than puts
Call options by funds: $23.4M | Put options by funds: $30.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$41.7M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$38.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$30.1M |
| 4 |
Neuberger Berman Group
New York
|
+$22.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$148M |
| 2 |
Morgan Stanley
New York
|
-$61.7M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$29.4M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$25.6M |
| 5 |
N
Natixis
Paris,
France
|
-$25M |
EQM Hedge Fund Activity: Q1 2018 in Review
207 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in EQM Midstream Partners, LP (EQM) for Q1 2018, worth a combined $3.35B — down 20% from $4.21B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of EQM and 29 opened new positions — a net loss of 8 holders — while 64 trimmed existing stakes and 85 added.
The largest buyer was JP Morgan Chase, adding an estimated $41.7M. The largest seller was Blackstone Inc, exiting entirely with an estimated $148M sold.
- 207 institutional investors held EQM Midstream Partners, LP (EQM) as of Q1 2018, down from 223 in Q4 2017.
- Funds reported $3.35B of EQM Midstream Partners, LP stock for Q1 2018, down 20% quarter-over-quarter.
- 29 funds opened new EQM Midstream Partners, LP positions in Q1 2018 and 37 closed out, a net change of -8 holders.
- The largest EQM Midstream Partners, LP buyer in Q1 2018 was JP Morgan Chase, an estimated $41.7M added.
- The largest EQM Midstream Partners, LP seller in Q1 2018 was Blackstone Inc, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2018.