EQM Midstream Partners, LP
EQM
EQM was delisted on the 16th of June, 2020.
152 hedge funds and large institutions have $2.5B invested in EQM Midstream Partners, LP in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 65 reducing their positions, and 39 closing their positions.
103% more call options, than puts
Call options by funds: $13M | Put options by funds: $6.4M
14% less funds holding
Funds holding: 176 → 152 (-24)
29% less capital invested
Capital invested by funds: $3.52B → $2.5B (-$1.02B)
31% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 65
56% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 39
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$96.6M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$76.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$15.4M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$14.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$144M |
| 2 |
Goldman Sachs
New York
|
-$46.8M |
| 3 |
Neuberger Berman Group
New York
|
-$44.8M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$39.6M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$34.1M |
EQM Hedge Fund Activity: Q3 2019 in Review
152 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in EQM Midstream Partners, LP (EQM) for Q3 2019, worth a combined $2.5B — down 29% from $3.52B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of EQM and 17 opened new positions — a net loss of 22 holders — while 65 trimmed existing stakes and 45 added.
The largest buyer was ALPS Advisors, adding an estimated $96.6M. The largest seller was Brookfield Corp, exiting entirely with an estimated $144M sold.
- 152 institutional investors held EQM Midstream Partners, LP (EQM) as of Q3 2019, down from 176 in Q2 2019.
- Funds reported $2.5B of EQM Midstream Partners, LP stock for Q3 2019, down 29% quarter-over-quarter.
- 17 funds opened new EQM Midstream Partners, LP positions in Q3 2019 and 39 closed out, a net change of -22 holders.
- The largest EQM Midstream Partners, LP buyer in Q3 2019 was ALPS Advisors, an estimated $96.6M added.
- The largest EQM Midstream Partners, LP seller in Q3 2019 was Brookfield Corp, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2019.