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HES

Hess

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 870884 (+14)

3% less funds holding in top 10

Funds holding in top 10: 6159 (-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

Holders
884
Holders Change
+14
Holders Change %
+1.61%
% of All Funds
11.85%
Holding in Top 10
59
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-3.28%
% of All Funds
0.79%
New
102
Increased
335
Reduced
301
Closed
78
Calls
$286M
Puts
$935M
Net Calls
-$649M
Net Calls Change
-$430M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.57B +$255M +1,732,497 +5%
BlackRock
2
BlackRock
New York
$4.33B -$17.3M -117,918 -0.4%
State Street
3
State Street
Massachusetts
$2.6B -$111M -756,457 -4%
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$1.64B -$168M -1,141,917 -10%
Citadel Advisors
5
Citadel Advisors
Florida
$1.34B -$70.9M -481,872 -5%
HI
6
HBK Investments
Texas
$1.17B +$17.3M +117,989 +2%
Primecap Management
7
Primecap Management
California
$1.14B -$93.8M -637,921 -8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.11B +$41.1M +279,676 +4%
PCM
9
Pentwater Capital Management
Florida
$930M +$75M +510,000 +10%
FCM
10
Farallon Capital Management
California
$867M -$150M -1,020,000 -16%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$609M -$512K -3,480 -0.1%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$572M +$95.8M +651,311 +22%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$569M +$9.36M +63,641 +2%
Bank of America
14
Bank of America
North Carolina
$547M +$19.2M +130,276 +4%
Morgan Stanley
15
Morgan Stanley
New York
$493M -$39.1M -266,084 -8%
UOC
16
UBS O'Connor
Illinois
$465M +$4.81M +32,723 +1%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$463M +$41.6M +283,204 +11%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$456M -$68.7M -467,479 -14%
Northern Trust
19
Northern Trust
Illinois
$449M +$1.84M +12,488 +0.4%
Invesco
20
Invesco
Georgia
$445M -$11.3M -77,046 -3%
UBS Group
21
UBS Group
Switzerland
$440M +$220M +1,495,324 +119%
Barrow, Hanley, Mewhinney & Strauss
22
Barrow, Hanley, Mewhinney & Strauss
Texas
$411M -$112M -761,922 -23%
DKCM
23
Davidson Kempner Capital Management
New York
$387M +$198M +1,344,447 +125%
Millennium Management
24
Millennium Management
New York
$372M -$12.1M -82,522 -3%
UBS AM
25
UBS AM
Illinois
$350M +$9.41M +64,019 +3%

HES Hedge Fund Activity: Q1 2025 in Review

884 of the 7,457 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.