Hess Midstream
HESM
290 hedge funds and large institutions have $4.52B invested in Hess Midstream in 2026 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 101 increasing their positions, 86 reducing their positions, and 40 closing their positions.
140% more call options, than puts
Call options by funds: $21.4M | Put options by funds: $8.9M
65% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 40
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 86
11% more capital invested
Capital invested by funds: $4.07B → $4.52B (+$442M)
8% more funds holding
Funds holding: 268 → 290 (+22)
1.51% less ownership
Funds ownership: 91.28% → 89.77% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$153M |
| 2 |
Bank of New York Mellon
New York
|
+$56M |
| 3 |
Lazard Asset Management
New York
|
+$36.4M |
| 4 |
NCM
Nearwater Capital Markets
Dublin 4, Dublin,
Ireland
|
+$33.4M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$59.3M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$46.8M |
| 3 |
Goldman Sachs
New York
|
-$41.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$38.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$35.8M |
HESM Hedge Fund Activity: Q1 2026 in Review
290 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Hess Midstream (HESM) for Q1 2026, worth a combined $4.52B — up 11% from $4.07B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new HESM positions and 40 closed out — a net gain of 26 holders — while 101 added to existing stakes and 86 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $153M. The largest seller was Adage Capital Partners, cutting an estimated $59.3M.
- 290 institutional investors held Hess Midstream (HESM) as of Q1 2026, up from 268 in Q4 2025.
- Funds reported $4.52B of Hess Midstream stock for Q1 2026, up 11% quarter-over-quarter.
- 66 funds opened new Hess Midstream positions in Q1 2026 and 40 closed out, a net change of +26 holders.
- The largest Hess Midstream buyer in Q1 2026 was Blackstone Inc, an estimated $153M added.
- The largest Hess Midstream seller in Q1 2026 was Adage Capital Partners, an estimated $59.3M sold.
Based on aggregated 13F filings for Q1 2026.