Hess Midstream
HESM
68 hedge funds and large institutions have $226M invested in Hess Midstream in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 12 closing their positions.
136% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $958K
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
35% more capital inflows, than outflows
Capital inflows: $79M | Capital outflows: $58.7M
6% more funds holding
Funds holding: 64 → 68 (+4)
4.42% more ownership
Funds ownership: 64.03% → 68.45% (+4.4%)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$33.6M |
| 2 |
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$12M |
| 3 |
Brookfield Corp
Toronto,
Ontario, Canada
|
+$8.8M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$5.83M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$23.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.6M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$8.36M |
| 4 |
JP Morgan Chase
New York
|
-$3.63M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$3.02M |
HESM Hedge Fund Activity: Q2 2020 in Review
68 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q2 2020, worth a combined $226M — up 93% from $117M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new HESM positions and 12 closed out — a net gain of 6 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Invesco, adding an estimated $33.6M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $23.6M.
- 68 institutional investors held Hess Midstream (HESM) as of Q2 2020, up from 64 in Q1 2020.
- Funds reported $226M of Hess Midstream stock for Q2 2020, up 93% quarter-over-quarter.
- 18 funds opened new Hess Midstream positions in Q2 2020 and 12 closed out, a net change of +6 holders.
- The largest Hess Midstream buyer in Q2 2020 was Invesco, an estimated $33.6M added.
- The largest Hess Midstream seller in Q2 2020 was Kayne Anderson Capital Advisors, an estimated $23.6M sold.
Based on aggregated 13F filings for Q2 2020.