Hess
HES was delisted on the 17th of July, 2025.
783 hedge funds and large institutions have $39.1B invested in Hess in 2023 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 269 increasing their positions, 285 reducing their positions, and 54 closing their positions.
67% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 54
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
14% more capital invested
Capital invested by funds: $34.2B → $39.1B (+$4.86B)
3% more funds holding
Funds holding: 757 → 783 (+26)
1.05% more ownership
Funds ownership: 82.01% → 83.06% (+1.1%)
6% less repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 285
7% less call options, than puts
Call options by funds: $640M | Put options by funds: $686M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$301M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$210M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$175M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$166M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$465M |
| 2 |
BlackRock
New York
|
-$239M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$123M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$98.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$93M |
HES Hedge Fund Activity: Q3 2023 in Review
783 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q3 2023, worth a combined $39.1B — up 14% from $34.2B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new HES positions and 54 closed out — a net gain of 36 holders — while 269 added to existing stakes and 285 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $301M. The largest seller was Fisher Asset Management, cutting an estimated $465M.
- 783 institutional investors held Hess (HES) as of Q3 2023, up from 757 in Q2 2023.
- Funds reported $39.1B of Hess stock for Q3 2023, up 14% quarter-over-quarter.
- 90 funds opened new Hess positions in Q3 2023 and 54 closed out, a net change of +36 holders.
- The largest Hess buyer in Q3 2023 was Victory Capital Management, an estimated $301M added.
- The largest Hess seller in Q3 2023 was Fisher Asset Management, an estimated $465M sold.
Based on aggregated 13F filings for Q3 2023.