Hess Midstream
HESM
72 hedge funds and large institutions have $271M invested in Hess Midstream in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 18 closing their positions.
21% more ownership
Funds ownership: 45.42% → 66.43% (+21%)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
4% more funds holding
Funds holding: 69 → 72 (+3)
5% less call options, than puts
Call options by funds: $1.77M | Put options by funds: $1.87M
24% less capital inflows, than outflows
Capital inflows: $26.8M | Capital outflows: $35.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$5.69M |
| 2 |
Cohen & Steers
New York
|
+$4.05M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$3.03M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.74M |
| 5 |
NC
NBW Capital
Boston,
Massachusetts
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$5.23M |
| 2 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$4.73M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
-$3.22M |
| 4 |
Morgan Stanley
New York
|
-$3.15M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.67M |
HESM Hedge Fund Activity: Q4 2019 in Review
72 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q4 2019, worth a combined $271M — up 13% from $239M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new HESM positions and 18 closed out — a net gain of 3 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $5.69M. The largest seller was HITE Hedge Asset Management, exiting entirely with an estimated $5.23M sold.
- 72 institutional investors held Hess Midstream (HESM) as of Q4 2019, up from 69 in Q3 2019.
- Funds reported $271M of Hess Midstream stock for Q4 2019, up 13% quarter-over-quarter.
- 21 funds opened new Hess Midstream positions in Q4 2019 and 18 closed out, a net change of +3 holders.
- The largest Hess Midstream buyer in Q4 2019 was Kayne Anderson Capital Advisors, an estimated $5.69M added.
- The largest Hess Midstream seller in Q4 2019 was HITE Hedge Asset Management, an estimated $5.23M sold.
Based on aggregated 13F filings for Q4 2019.