Hess Midstream
HESM
152 hedge funds and large institutions have $1.07B invested in Hess Midstream in 2022 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 38 reducing their positions, and 33 closing their positions.
184% more call options, than puts
Call options by funds: $6.31M | Put options by funds: $2.22M
71% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 38
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% less funds holding
Funds holding: 168 → 152 (-16)
10% less capital invested
Capital invested by funds: $1.2B → $1.07B (-$124M)
31.53% less ownership
Funds ownership: 118.72% → 87.19% (-32%)
45% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$80.6M |
| 2 |
Bank of New York Mellon
New York
|
+$53.6M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$12.8M |
| 4 |
JP Morgan Chase
New York
|
+$12.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$90.9M |
| 2 |
ACG
Aventail Capital Group
New York
|
-$17.4M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$15.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$14.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.2M |
HESM Hedge Fund Activity: Q2 2022 in Review
152 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q2 2022, worth a combined $1.07B — down 10% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of HESM and 18 opened new positions — a net loss of 15 holders — while 38 trimmed existing stakes and 65 added.
The largest buyer was ALPS Advisors, adding an estimated $80.6M. The largest seller was Citigroup, cutting an estimated $90.9M.
- 152 institutional investors held Hess Midstream (HESM) as of Q2 2022, down from 168 in Q1 2022.
- Funds reported $1.07B of Hess Midstream stock for Q2 2022, down 10% quarter-over-quarter.
- 18 funds opened new Hess Midstream positions in Q2 2022 and 33 closed out, a net change of -15 holders.
- The largest Hess Midstream buyer in Q2 2022 was ALPS Advisors, an estimated $80.6M added.
- The largest Hess Midstream seller in Q2 2022 was Citigroup, an estimated $90.9M sold.
Based on aggregated 13F filings for Q2 2022.