Hess
HES was delisted on the 17th of July, 2025.
872 hedge funds and large institutions have $34.7B invested in Hess in 2024 Q4 according to their latest regulatory filings, with 128 funds opening new positions, 300 increasing their positions, 298 reducing their positions, and 60 closing their positions.
113% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 60
13% more funds holding in top 10
Funds holding in top 10: 54 → 61 (+7)
7% more funds holding
Funds holding: 814 → 872 (+58)
1.07% more ownership
Funds ownership: 83.68% → 84.75% (+1.1%)
1% more repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 298
1% less capital invested
Capital invested by funds: $35B → $34.7B (-$274M)
35% less call options, than puts
Call options by funds: $403M | Put options by funds: $622M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$239M |
| 2 |
BlackRock
New York
|
+$144M |
| 3 |
Bank of New York Mellon
New York
|
+$129M |
| 4 |
JP Morgan Chase
New York
|
+$122M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$230M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$179M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$161M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$122M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$116M |
HES Hedge Fund Activity: Q4 2024 in Review
872 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Hess (HES) for Q4 2024, worth a combined $34.7B — down 0.78% from $35B a quarter earlier.
Buyers outnumbered sellers: 128 funds opened new HES positions and 60 closed out — a net gain of 68 holders — while 300 added to existing stakes and 298 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $239M. The largest seller was Millennium Management, cutting an estimated $230M.
- 872 institutional investors held Hess (HES) as of Q4 2024, up from 814 in Q3 2024.
- Funds reported $34.7B of Hess stock for Q4 2024, down 0.78% quarter-over-quarter.
- 128 funds opened new Hess positions in Q4 2024 and 60 closed out, a net change of +68 holders.
- The largest Hess buyer in Q4 2024 was Citadel Advisors, an estimated $239M added.
- The largest Hess seller in Q4 2024 was Millennium Management, an estimated $230M sold.
Based on aggregated 13F filings for Q4 2024.