Hess Midstream
HESM
242 hedge funds and large institutions have $3.05B invested in Hess Midstream in 2024 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 107 increasing their positions, 52 reducing their positions, and 18 closing their positions.
133% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 18
106% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 52
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more capital invested
Capital invested by funds: $2.58B → $3.05B (+$472M)
14.84% more ownership
Funds ownership: 89.92% → 104.77% (+15%)
9% more funds holding
Funds holding: 222 → 242 (+20)
0% less call options, than puts
Call options by funds: $8.93M | Put options by funds: $8.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$77.9M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$75.2M |
| 3 |
ZP
Zimmer Partners
New York
|
+$49.9M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$40.3M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$58M |
| 2 |
ClearBridge Investments
New York
|
-$45.4M |
| 3 |
ACG
Aventail Capital Group
New York
|
-$31.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$14.6M |
| 5 |
JP Morgan Chase
New York
|
-$9.25M |
HESM Hedge Fund Activity: Q2 2024 in Review
242 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q2 2024, worth a combined $3.05B — up 18% from $2.58B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new HESM positions and 18 closed out — a net gain of 24 holders — while 107 added to existing stakes and 52 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $77.9M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $58M sold.
- 242 institutional investors held Hess Midstream (HESM) as of Q2 2024, up from 222 in Q1 2024.
- Funds reported $3.05B of Hess Midstream stock for Q2 2024, up 18% quarter-over-quarter.
- 42 funds opened new Hess Midstream positions in Q2 2024 and 18 closed out, a net change of +24 holders.
- The largest Hess Midstream buyer in Q2 2024 was Blackstone Inc, an estimated $77.9M added.
- The largest Hess Midstream seller in Q2 2024 was Mirae Asset Global Investments, an estimated $58M sold.
Based on aggregated 13F filings for Q2 2024.