Hess Midstream
HESM
273 hedge funds and large institutions have $4.4B invested in Hess Midstream in 2025 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 124 increasing their positions, 72 reducing their positions, and 46 closing their positions.
236% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $6.3M
72% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 72
4.93% more ownership
Funds ownership: 93.06% → 97.99% (+4.9%)
4% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 46
0% less funds holding
Funds holding: 274 → 273 (-1)
5% less capital invested
Capital invested by funds: $4.61B → $4.4B (-$210M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$99M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$77M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$38.4M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$32.7M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
-$233M |
| 2 |
Blackstone Inc
New York
|
-$44M |
| 3 |
JP Morgan Chase
New York
|
-$31.5M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$14.9M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$14.3M |
HESM Hedge Fund Activity: Q2 2025 in Review
273 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q2 2025, worth a combined $4.4B — down 4.6% from $4.61B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new HESM positions and 46 closed out — a net gain of 2 holders — while 124 added to existing stakes and 72 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $99M. The largest seller was Mirae Asset Global ETFs Holdings, exiting entirely with an estimated $233M sold.
- 273 institutional investors held Hess Midstream (HESM) as of Q2 2025, down from 274 in Q1 2025.
- Funds reported $4.4B of Hess Midstream stock for Q2 2025, down 4.6% quarter-over-quarter.
- 48 funds opened new Hess Midstream positions in Q2 2025 and 46 closed out, a net change of +2 holders.
- The largest Hess Midstream buyer in Q2 2025 was ALPS Advisors, an estimated $99M added.
- The largest Hess Midstream seller in Q2 2025 was Mirae Asset Global ETFs Holdings, an estimated $233M sold.
Based on aggregated 13F filings for Q2 2025.