Hess
HES was delisted on the 17th of July, 2025.
813 hedge funds and large institutions have $35B invested in Hess in 2024 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 295 increasing their positions, 298 reducing their positions, and 76 closing their positions.
9% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 76
0% more funds holding
Funds holding: 812 → 813 (+1)
0.34% less ownership
Funds ownership: 84.07% → 83.73% (-0.34%)
1% less repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 298
8% less capital invested
Capital invested by funds: $38.2B → $35B (-$3.2B)
16% less funds holding in top 10
Funds holding in top 10: 64 → 54 (-10)
52% less call options, than puts
Call options by funds: $289M | Put options by funds: $607M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$292M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$194M |
| 3 |
BlackRock
New York
|
+$145M |
| 4 |
Millennium Management
New York
|
+$143M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$306M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$227M |
| 3 |
Goldman Sachs
New York
|
-$224M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$135M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$127M |
HES Hedge Fund Activity: Q3 2024 in Review
813 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q3 2024, worth a combined $35B — down 8.4% from $38.2B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new HES positions and 76 closed out — a net gain of 7 holders — while 295 added to existing stakes and 298 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $292M. The largest seller was Fidelity Investments, cutting an estimated $306M.
- 813 institutional investors held Hess (HES) as of Q3 2024, up from 812 in Q2 2024.
- Funds reported $35B of Hess stock for Q3 2024, down 8.4% quarter-over-quarter.
- 83 funds opened new Hess positions in Q3 2024 and 76 closed out, a net change of +7 holders.
- The largest Hess buyer in Q3 2024 was Adage Capital Partners, an estimated $292M added.
- The largest Hess seller in Q3 2024 was Fidelity Investments, an estimated $306M sold.
Based on aggregated 13F filings for Q3 2024.