Hess Midstream
HESM
69 hedge funds and large institutions have $171M invested in Hess Midstream in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 68 → 69 (+1)
5.73% less ownership
Funds ownership: 68.45% → 62.71% (-5.7%)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
24% less capital invested
Capital invested by funds: $226M → $171M (-$55.3M)
31% less call options, than puts
Call options by funds: $574K | Put options by funds: $832K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.01M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.53M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.06M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$844K |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.89M |
| 2 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$4.45M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$4.27M |
| 4 |
Goldman Sachs
New York
|
-$3.65M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.04M |
HESM Hedge Fund Activity: Q3 2020 in Review
69 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q3 2020, worth a combined $171M — down 24% from $226M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HESM positions and 8 closed out — a net gain of 1 holder — while 22 added to existing stakes and 29 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $4.01M. The largest seller was Morgan Stanley, cutting an estimated $6.89M.
- 69 institutional investors held Hess Midstream (HESM) as of Q3 2020, up from 68 in Q2 2020.
- Funds reported $171M of Hess Midstream stock for Q3 2020, down 24% quarter-over-quarter.
- 9 funds opened new Hess Midstream positions in Q3 2020 and 8 closed out, a net change of +1 holder.
- The largest Hess Midstream buyer in Q3 2020 was JP Morgan Chase, an estimated $4.01M added.
- The largest Hess Midstream seller in Q3 2020 was Morgan Stanley, an estimated $6.89M sold.
Based on aggregated 13F filings for Q3 2020.