Hess Midstream
HESM
152 hedge funds and large institutions have $984M invested in Hess Midstream in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 43 reducing their positions, and 24 closing their positions.
54% more call options, than puts
Call options by funds: $3.82M | Put options by funds: $2.48M
30% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 43
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0.48% more ownership
Funds ownership: 87.19% → 87.67% (+0.48%)
0% more funds holding
Funds holding: 152 → 152 (0)
8% less capital invested
Capital invested by funds: $1.07B → $984M (-$89.7M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.5M |
| 3 |
Millennium Management
New York
|
+$6.43M |
| 4 |
Morgan Stanley
New York
|
+$5.99M |
| 5 |
Goldman Sachs
New York
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
-$39.6M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$9.86M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$9.82M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.84M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$3.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -75 | Closed |
|
HESM Hedge Fund Activity: Q3 2022 in Review
152 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q3 2022, worth a combined $984M — down 8.4% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new HESM positions and 24 closed out — a net gain of 2 holders — while 56 added to existing stakes and 43 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $14.8M. The largest seller was ALPS Advisors, cutting an estimated $39.6M.
- 152 institutional investors held Hess Midstream (HESM) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $984M of Hess Midstream stock for Q3 2022, down 8.4% quarter-over-quarter.
- 26 funds opened new Hess Midstream positions in Q3 2022 and 24 closed out, a net change of +2 holders.
- The largest Hess Midstream buyer in Q3 2022 was Balyasny Asset Management, an estimated $14.8M added.
- The largest Hess Midstream seller in Q3 2022 was ALPS Advisors, an estimated $39.6M sold.
Based on aggregated 13F filings for Q3 2022.