Hess
HES was delisted on the 17th of July, 2025.
757 hedge funds and large institutions have $34.2B invested in Hess in 2023 Q2 according to their latest regulatory filings, with 99 funds opening new positions, 251 increasing their positions, 274 reducing their positions, and 57 closing their positions.
74% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 57
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
5% more funds holding
Funds holding: 720 → 757 (+37)
1% more capital invested
Capital invested by funds: $33.9B → $34.2B (+$277M)
8% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 274
1.64% less ownership
Funds ownership: 83.65% → 82.01% (-1.6%)
28% less call options, than puts
Call options by funds: $411M | Put options by funds: $571M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$219M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$115M |
| 3 |
Jennison Associates
New York
|
+$61.6M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$60.3M |
| 5 |
Bank of New York Mellon
New York
|
+$60M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$532M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$226M |
| 3 |
Citigroup
New York
|
-$151M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$122M |
| 5 |
BlackRock
New York
|
-$94.9M |
HES Hedge Fund Activity: Q2 2023 in Review
757 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q2 2023, worth a combined $34.2B — up 0.82% from $33.9B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new HES positions and 57 closed out — a net gain of 42 holders — while 251 added to existing stakes and 274 trimmed.
The largest buyer was DZ Bank, adding an estimated $219M. The largest seller was Fidelity Investments, cutting an estimated $532M.
- 757 institutional investors held Hess (HES) as of Q2 2023, up from 720 in Q1 2023.
- Funds reported $34.2B of Hess stock for Q2 2023, up 0.82% quarter-over-quarter.
- 99 funds opened new Hess positions in Q2 2023 and 57 closed out, a net change of +42 holders.
- The largest Hess buyer in Q2 2023 was DZ Bank, an estimated $219M added.
- The largest Hess seller in Q2 2023 was Fidelity Investments, an estimated $532M sold.
Based on aggregated 13F filings for Q2 2023.