Hess Corporation
HES.PRA
HES.PRA was delisted on the 30th of January, 2019.
48 hedge funds and large institutions have $441M invested in Hess Corporation in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 23 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 54 → 48 (-6)
38% less capital invested
Capital invested by funds: $707M → $441M (-$267M)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
57% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$79.8M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$59.7M |
| 3 |
SG Americas Securities
New York
|
+$34.1M |
| 4 |
SC
Sculptor Capital
New York
|
+$10.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$47.5M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$47.2M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$26.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$21.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OCM
51
Oaktree Capital Management
Los Angeles,
California
| – | -$26.8M | -336,700 | Closed |
|
|
OTC
52
Opera Trading Capital
Paris,
France
| – | -$8.63M | -109,000 | Closed |
|
53
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$6.58M | -82,723 | Closed |
|
|
MA
54
MUFG Americas
New York
| – | -$2.29M | -28,837 | Closed |
|
|
MF
55
Magnetar Financial
Evanston,
Illinois
| – | -$1.51M | -19,000 | Closed |
|
|
SB
56
Suntrust Banks
Atlanta,
Georgia
| – | -$1.16M | -14,576 | Closed |
|
|
LFAS
57
Level Four Advisory Services
Dallas,
Texas
| – | -$230K | -2,895 | Closed |
|
58
Barclays
London,
United Kingdom
| – | -$175K | -2,200 | Closed |
|
|
PC
59
Permanens Capital
New York
| – | -$136K | -1,704 | Closed |
|
|
TPWA
60
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$4.05K | -51 | Closed |
|
61
UBS AM
Chicago,
Illinois
| – | -$2.86K | -36 | Closed |
|
|
CAL
62
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$2K | -20 | Closed |
|
HES.PRA Hedge Fund Activity: Q4 2018 in Review
48 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Hess Corporation (HES.PRA) for Q4 2018, worth a combined $441M — down 38% from $707M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HES.PRA and 7 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 10 added.
The largest buyer was Manulife (Manufacturers Life Insurance), opening a new position worth an estimated $79.8M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $47.5M sold.
- 48 institutional investors held Hess Corporation (HES.PRA) as of Q4 2018, down from 54 in Q3 2018.
- Funds reported $441M of Hess Corporation stock for Q4 2018, down 38% quarter-over-quarter.
- 7 funds opened new Hess Corporation positions in Q4 2018 and 13 closed out, a net change of -6 holders.
- The largest Hess Corporation buyer in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $79.8M added.
- The largest Hess Corporation seller in Q4 2018 was Lord, Abbett & Co, an estimated $47.5M sold.
Based on aggregated 13F filings for Q4 2018.