Hess
HES was delisted on the 17th of July, 2025.
812 hedge funds and large institutions have $38.2B invested in Hess in 2024 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 311 increasing their positions, 269 reducing their positions, and 84 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 311 | Existing positions reduced: 269
12% more funds holding in top 10
Funds holding in top 10: 57 → 64 (+7)
0.79% more ownership
Funds ownership: 83.28% → 84.07% (+0.79%)
2% less capital invested
Capital invested by funds: $39B → $38.2B (-$815M)
8% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 84
2% less funds holding
Funds holding: 831 → 812 (-19)
74% less call options, than puts
Call options by funds: $333M | Put options by funds: $1.28B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$488M |
| 2 |
BlackRock
New York
|
+$385M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$359M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$314M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$259M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$547M |
| 2 |
Fayez Sarofim & Co
Houston,
Texas
|
-$407M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
-$340M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$305M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$152M |
HES Hedge Fund Activity: Q2 2024 in Review
812 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q2 2024, worth a combined $38.2B — down 2.1% from $39B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of HES and 77 opened new positions — a net loss of 7 holders — while 269 trimmed existing stakes and 311 added.
The largest buyer was Adage Capital Partners, adding an estimated $488M. The largest seller was Davidson Kempner Capital Management, cutting an estimated $547M.
- 812 institutional investors held Hess (HES) as of Q2 2024, down from 831 in Q1 2024.
- Funds reported $38.2B of Hess stock for Q2 2024, down 2.1% quarter-over-quarter.
- 77 funds opened new Hess positions in Q2 2024 and 84 closed out, a net change of -7 holders.
- The largest Hess buyer in Q2 2024 was Adage Capital Partners, an estimated $488M added.
- The largest Hess seller in Q2 2024 was Davidson Kempner Capital Management, an estimated $547M sold.
Based on aggregated 13F filings for Q2 2024.