Hess
HES was delisted on the 17th of July, 2025.
884 hedge funds and large institutions have $40.1B invested in Hess in 2025 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 335 increasing their positions, 301 reducing their positions, and 78 closing their positions.
31% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 78
15% more capital invested
Capital invested by funds: $34.7B → $40.1B (+$5.33B)
11% more repeat investments, than reductions
Existing positions increased: 335 | Existing positions reduced: 301
2% more funds holding
Funds holding: 870 → 884 (+14)
3% less funds holding in top 10
Funds holding in top 10: 61 → 59 (-2)
3.34% less ownership
Funds ownership: 84.75% → 81.41% (-3.3%)
69% less call options, than puts
Call options by funds: $286M | Put options by funds: $935M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$255M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$220M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$198M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$146M |
| 5 |
Bank of New York Mellon
New York
|
+$95.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$440M |
| 2 |
Holocene Advisors
New York
|
-$170M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$168M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$164M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$150M |
HES Hedge Fund Activity: Q1 2025 in Review
884 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q1 2025, worth a combined $40.1B — up 15% from $34.7B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new HES positions and 78 closed out — a net gain of 24 holders — while 335 added to existing stakes and 301 trimmed.
The largest buyer was Vanguard Group, adding an estimated $255M. The largest seller was Wellington Management Group, cutting an estimated $440M.
- 884 institutional investors held Hess (HES) as of Q1 2025, up from 870 in Q4 2024.
- Funds reported $40.1B of Hess stock for Q1 2025, up 15% quarter-over-quarter.
- 102 funds opened new Hess positions in Q1 2025 and 78 closed out, a net change of +24 holders.
- The largest Hess buyer in Q1 2025 was Vanguard Group, an estimated $255M added.
- The largest Hess seller in Q1 2025 was Wellington Management Group, an estimated $440M sold.
Based on aggregated 13F filings for Q1 2025.