Hess Midstream
HESM
256 hedge funds and large institutions have $3.33B invested in Hess Midstream in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 125 increasing their positions, 43 reducing their positions, and 25 closing their positions.
191% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 43
135% more call options, than puts
Call options by funds: $21.3M | Put options by funds: $9.04M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
64% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 25
9% more capital invested
Capital invested by funds: $3.05B → $3.33B (+$282M)
6% more funds holding
Funds holding: 242 → 256 (+14)
1.39% less ownership
Funds ownership: 104.77% → 103.37% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$50.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$47.2M |
| 3 |
YCM
Yaupon Capital Management
New York
|
+$45.8M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$25.7M |
| 5 |
Goldman Sachs
New York
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$51.5M |
| 2 |
JP Morgan Chase
New York
|
-$23.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$21.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.64M |
| 5 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$5.89M |
HESM Hedge Fund Activity: Q3 2024 in Review
256 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q3 2024, worth a combined $3.33B — up 9.2% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new HESM positions and 25 closed out — a net gain of 16 holders — while 125 added to existing stakes and 43 trimmed.
The largest buyer was Millennium Management, adding an estimated $50.9M. The largest seller was Zimmer Partners, exiting entirely with an estimated $51.5M sold.
- 256 institutional investors held Hess Midstream (HESM) as of Q3 2024, up from 242 in Q2 2024.
- Funds reported $3.33B of Hess Midstream stock for Q3 2024, up 9.2% quarter-over-quarter.
- 41 funds opened new Hess Midstream positions in Q3 2024 and 25 closed out, a net change of +16 holders.
- The largest Hess Midstream buyer in Q3 2024 was Millennium Management, an estimated $50.9M added.
- The largest Hess Midstream seller in Q3 2024 was Zimmer Partners, an estimated $51.5M sold.
Based on aggregated 13F filings for Q3 2024.