Hess Midstream
HESM
168 hedge funds and large institutions have $1.2B invested in Hess Midstream in 2022 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 58 increasing their positions, 31 reducing their positions, and 8 closing their positions.
638% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
87% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 31
82% more capital invested
Capital invested by funds: $657M → $1.2B (+$541M)
48.07% more ownership
Funds ownership: 70.65% → 118.72% (+48%)
42% more funds holding
Funds holding: 118 → 168 (+50)
12% more call options, than puts
Call options by funds: $5.48M | Put options by funds: $4.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$149M |
| 2 |
Citigroup
New York
|
+$86.2M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$43.6M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$31.3M |
| 5 |
Goldman Sachs
New York
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$24.2M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$15.4M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$8.82M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$2.01M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$1.95M |
HESM Hedge Fund Activity: Q1 2022 in Review
168 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q1 2022, worth a combined $1.2B — up 82% from $657M a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new HESM positions and 8 closed out — a net gain of 51 holders — while 58 added to existing stakes and 31 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $149M. The largest seller was Brookfield Corp, cutting an estimated $24.2M.
- 168 institutional investors held Hess Midstream (HESM) as of Q1 2022, up from 118 in Q4 2021.
- Funds reported $1.2B of Hess Midstream stock for Q1 2022, up 82% quarter-over-quarter.
- 59 funds opened new Hess Midstream positions in Q1 2022 and 8 closed out, a net change of +51 holders.
- The largest Hess Midstream buyer in Q1 2022 was ALPS Advisors, an estimated $149M added.
- The largest Hess Midstream seller in Q1 2022 was Brookfield Corp, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2022.