Hess
HES was delisted on the 17th of July, 2025.
517 hedge funds and large institutions have $11.1B invested in Hess in 2018 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 171 increasing their positions, 193 reducing their positions, and 105 closing their positions.
5.4% more ownership
Funds ownership: 87.34% → 92.74% (+5.4%)
2% less call options, than puts
Call options by funds: $307M | Put options by funds: $313M
8% less funds holding
Funds holding: 560 → 517 (-43)
11% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 193
36% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 105
41% less capital invested
Capital invested by funds: $18.7B → $11.1B (-$7.6B)
50% less funds holding in top 10
Funds holding in top 10: 14 → 7 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$460M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$130M |
| 3 |
Goldman Sachs
New York
|
+$123M |
| 4 |
Renaissance Technologies
New York
|
+$116M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$175M |
| 2 |
BlackRock
New York
|
-$138M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$50.7M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$44.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$36.8M |
HES Hedge Fund Activity: Q4 2018 in Review
517 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q4 2018, worth a combined $11.1B — down 41% from $18.7B a quarter earlier.
Sellers outnumbered buyers: 105 funds closed out of HES and 67 opened new positions — a net loss of 38 holders — while 193 trimmed existing stakes and 171 added.
The largest buyer was Primecap Management, adding an estimated $460M. The largest seller was T. Rowe Price Associates, cutting an estimated $175M.
- 517 institutional investors held Hess (HES) as of Q4 2018, down from 560 in Q3 2018.
- Funds reported $11.1B of Hess stock for Q4 2018, down 41% quarter-over-quarter.
- 67 funds opened new Hess positions in Q4 2018 and 105 closed out, a net change of -38 holders.
- The largest Hess buyer in Q4 2018 was Primecap Management, an estimated $460M added.
- The largest Hess seller in Q4 2018 was T. Rowe Price Associates, an estimated $175M sold.
Based on aggregated 13F filings for Q4 2018.