Hess
HES was delisted on the 17th of July, 2025.
831 hedge funds and large institutions have $39B invested in Hess in 2024 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 275 increasing their positions, 322 reducing their positions, and 95 closing their positions.
58% more funds holding in top 10
Funds holding in top 10: 36 → 57 (+21)
3% more capital invested
Capital invested by funds: $37.9B → $39B (+$1.1B)
2% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 95
1% less funds holding
Funds holding: 839 → 831 (-8)
2.41% less ownership
Funds ownership: 85.69% → 83.28% (-2.4%)
15% less repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 322
48% less call options, than puts
Call options by funds: $742M | Put options by funds: $1.42B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.28B |
| 2 |
D.E. Shaw & Co
New York
|
+$515M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$502M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$459M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$193M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.6B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$579M |
| 3 |
Morgan Stanley
New York
|
-$397M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$314M |
| 5 |
Barclays
London,
United Kingdom
|
-$310M |
HES Hedge Fund Activity: Q1 2024 in Review
831 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q1 2024, worth a combined $39B — up 2.9% from $37.9B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new HES positions and 95 closed out — a net gain of 2 holders — while 275 added to existing stakes and 322 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.28B. The largest seller was Fidelity Investments, cutting an estimated $2.6B.
- 831 institutional investors held Hess (HES) as of Q1 2024, down from 839 in Q4 2023.
- Funds reported $39B of Hess stock for Q1 2024, up 2.9% quarter-over-quarter.
- 97 funds opened new Hess positions in Q1 2024 and 95 closed out, a net change of +2 holders.
- The largest Hess buyer in Q1 2024 was Citadel Advisors, an estimated $1.28B added.
- The largest Hess seller in Q1 2024 was Fidelity Investments, an estimated $2.6B sold.
Based on aggregated 13F filings for Q1 2024.