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Hess Midstream
HESM

93 hedge funds and large institutions have $380M invested in Hess Midstream in 2021 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 10

78% more capital invested

Capital invested by funds: $213M → $380M (+$167M)

55% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 20

33.39% more ownership

Funds ownership: 60.41% → 93.81% (+33%)

31% more funds holding

Funds holding: 71 → 93 (+22)

6% less call options, than puts

Call options by funds: $2.41M | Put options by funds: $2.56M

Holders
93
Holders Change
+22
Holders Change %
+30.99%
% of All Funds
1.63%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
34
Increased
31
Reduced
20
Closed
10
Calls
$2.41M
Puts
$2.56M
Net Calls
-$152K
Net Calls Change
-$502K

Top Buyers

Rank Fund Capital Flow
1
CI Investments Inc
CI Investments Inc
Ontario, Canada
+$27.1M
2
Allianz Asset Management
Allianz Asset Management
Germany
+$13M
3
EIP
Energy Income Partners
Connecticut
+$10.3M
4
ClearBridge Investments
ClearBridge Investments
New York
+$10.3M
5
NIM
NXG Investment Management
Texas
+$9.68M

Top Sellers

Rank Fund Capital Flow
1
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
-$8.06M
2
JP Morgan Chase
JP Morgan Chase
New York
-$2.22M
3
Cohen & Steers
Cohen & Steers
New York
-$1.26M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$1.09M
5
Fidelity Investments
Fidelity Investments
Massachusetts
-$921K
Name Holding Trade Value Shares
Change 		Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$3.41M +$2.32M +107,494 +241%
FP
27
Foundry Partners
Minnesota
$3.38M -$98.7K -4,581 -3%
GCM
28
GoodHaven Capital Management
New Jersey
$3.26M – – –
Blackstone Inc
29
Blackstone Inc
New York
$3.2M +$429K +19,913 +16%
HHAM
30
HITE Hedge Asset Management
Massachusetts
$2.89M +$2.78M +128,896 New
HM
31
Heronetta Management
New York
$2.84M – – –
SCA
32
Salient Capital Advisors
Texas
$2.57M +$8.04K +373 +0.3%
Bank of America
33
Bank of America
North Carolina
$2.49M +$2.04M +94,542 +568%
Janus Henderson Group
34
Janus Henderson Group
United Kingdom
$2.13M +$2.05M +95,238 New
KA
35
Kercheville Advisors
Texas
$2.05M +$1.08M +50,150 +119%
Cohen & Steers
36
Cohen & Steers
New York
$1.91M -$1.26M -58,335 -41%
Millennium Management
37
Millennium Management
New York
$1.72M -$804K -37,295 -33%
First Trust Advisors
38
First Trust Advisors
Illinois
$1.67M +$628K +29,154 +65%
PH
39
Pinnacle Holdings
Oklahoma
$1.57M +$415K +19,255 +38%
Schroder Investment Management Group
40
Schroder Investment Management Group
United Kingdom
$1.49M +$1.43M +66,575 New
Wells Fargo
41
Wells Fargo
California
$1.49M -$454K -21,057 -24%
CCA
42
Catalyst Capital Advisors
New York
$1.38M +$196K +9,100 +17%
Arrowstreet Capital
43
Arrowstreet Capital
Massachusetts
$1.36M -$1.09M -50,700 -46%
BlackRock
44
BlackRock
New York
$1.35M +$680K +31,538 +109%
LCM
45
Laurion Capital Management
New York
$1.27M +$1.22M +56,600 New
DAC
46
Dividend Assets Capital
South Carolina
$1.18M -$103K -4,764 -8%
BI
47
Bramshill Investments
Florida
$946K +$127K +5,899 +16%
GC
48
Guggenheim Capital
Illinois
$881K -$2.05K -95 -0.2%
AFG
49
American Financial Group
Ohio
$852K +$43.1K +2,000 +6%
American Century Companies
50
American Century Companies
Missouri
$804K -$148K -6,885 -16%
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HESM Hedge Fund Activity: Q1 2021 in Review

93 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q1 2021, worth a combined $380M — up 78% from $213M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new HESM positions and 10 closed out — a net gain of 24 holders — while 31 added to existing stakes and 20 trimmed.

The largest buyer was CI Investments Inc, opening a new position worth an estimated $27.1M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $8.06M sold.

  • 93 institutional investors held Hess Midstream (HESM) as of Q1 2021, up from 71 in Q4 2020.
  • Funds reported $380M of Hess Midstream stock for Q1 2021, up 78% quarter-over-quarter.
  • 34 funds opened new Hess Midstream positions in Q1 2021 and 10 closed out, a net change of +24 holders.
  • The largest Hess Midstream buyer in Q1 2021 was CI Investments Inc, an estimated $27.1M added.
  • The largest Hess Midstream seller in Q1 2021 was Mirae Asset Global Investments, an estimated $8.06M sold.

Based on aggregated 13F filings for Q1 2021.