Hess Midstream
HESM
118 hedge funds and large institutions have $657M invested in Hess Midstream in 2021 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 46 increasing their positions, 24 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
92% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 24
38% more capital invested
Capital invested by funds: $477M → $657M (+$180M)
24% more funds holding
Funds holding: 95 → 118 (+23)
3.07% more ownership
Funds ownership: 67.58% → 70.65% (+3.1%)
19% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $4.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$36.7M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$34M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$18M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$14.8M |
| 5 |
Cohen & Steers
New York
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$10.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$4.58M |
| 3 |
Millennium Management
New York
|
-$4.28M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$3.61M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.08M |
HESM Hedge Fund Activity: Q4 2021 in Review
118 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q4 2021, worth a combined $657M — up 38% from $477M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new HESM positions and 11 closed out — a net gain of 23 holders — while 46 added to existing stakes and 24 trimmed.
The largest buyer was CI Investments Inc, adding an estimated $36.7M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $10.5M sold.
- 118 institutional investors held Hess Midstream (HESM) as of Q4 2021, up from 95 in Q3 2021.
- Funds reported $657M of Hess Midstream stock for Q4 2021, up 38% quarter-over-quarter.
- 34 funds opened new Hess Midstream positions in Q4 2021 and 11 closed out, a net change of +23 holders.
- The largest Hess Midstream buyer in Q4 2021 was CI Investments Inc, an estimated $36.7M added.
- The largest Hess Midstream seller in Q4 2021 was State of New Jersey Common Pension Fund D, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2021.