Hess Midstream
HESM
61 hedge funds and large institutions have $278M invested in Hess Midstream in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
17% more funds holding
Funds holding: 52 → 61 (+9)
2% more capital invested
Capital invested by funds: $273M → $278M (+$4.95M)
1.23% less ownership
Funds ownership: 52.51% → 51.27% (-1.2%)
32% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $1.71M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
+$3.54M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.14M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.84M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$1.68M |
| 5 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.7M |
| 2 |
O
OppenheimerFunds
New York
|
-$4.21M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.51M |
| 4 |
Barclays
London,
United Kingdom
|
-$2.08M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.51M |
HESM Hedge Fund Activity: Q2 2018 in Review
61 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q2 2018, worth a combined $278M — up 1.8% from $273M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HESM positions and 3 closed out — a net gain of 9 holders — while 25 added to existing stakes and 15 trimmed.
The largest buyer was Dividend Assets Capital, adding an estimated $3.54M. The largest seller was Fidelity Investments, cutting an estimated $16.7M.
- 61 institutional investors held Hess Midstream (HESM) as of Q2 2018, up from 52 in Q1 2018.
- Funds reported $278M of Hess Midstream stock for Q2 2018, up 1.8% quarter-over-quarter.
- 12 funds opened new Hess Midstream positions in Q2 2018 and 3 closed out, a net change of +9 holders.
- The largest Hess Midstream buyer in Q2 2018 was Dividend Assets Capital, an estimated $3.54M added.
- The largest Hess Midstream seller in Q2 2018 was Fidelity Investments, an estimated $16.7M sold.
Based on aggregated 13F filings for Q2 2018.