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SMC

Summit Midstream

66 hedge funds and large institutions have $1.19B invested in Summit Midstream in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,430% more call options, than puts

Call options by funds: $5.64M | Put options by funds: $102K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

39% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 18

21% more capital invested

Capital invested by funds: $977M → $1.19B (+$208M)

0% more funds holding

Funds holding: 6666 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

Holders
66
Holders Change
Holders Change %
0%
% of All Funds
1.9%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
10
Increased
25
Reduced
18
Closed
10
Calls
$5.64M
Puts
$102K
Net Calls
+$5.54M
Net Calls Change
+$5.87M
Name Holding Trade Value Shares
Change
Change in
Stake
LMGAM
26
Liberty Mutual Group Asset Management
Massachusetts
$4.26M
AR
27
Advisory Research
Illinois
$3.87M +$1.89M +2,780 +121%
NIM
28
NXG Investment Management
Texas
$3.48M -$166K -244 -5%
Bank of America
29
Bank of America
North Carolina
$3.04M +$103K +152 +4%
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$2.9M +$435K +641 +20%
CM
31
Castleark Management
Illinois
$2.76M
DCM
32
Driehaus Capital Management
Illinois
$2.19M +$406K +598 +26%
IMS
33
Index Management Solutions
Pennsylvania
$1.89M +$160K +236 +11%
HT
34
HighTower Trust
Texas
$1.65M -$623K -918 -30%
Renaissance Technologies
35
Renaissance Technologies
New York
$1.61M +$673K +991 +88%
SC
36
Savitr Capital
California
$1.45M +$181K +267 +16%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$1.41M -$143K -210 -10%
RFC
38
Russell Frank Company
Washington
$1.39M -$71.3K -105 -5%
RJA
39
Raymond James & Associates
Florida
$1.38M +$167K +246 +16%
BAM
40
Burnham Asset Management
New York
$1.32M +$457K +673 +64%
CIMLRA
41
CBRE Investment Management Listed Real Assets
Pennsylvania
$1.25M +$1.11M +1,635 New
Barclays
42
Barclays
United Kingdom
$1.2M +$1.09M +1,599 New
BGA
43
Belmont Global Advisors
Texas
$1.08M -$99.8K -147 -9%
CCT
44
Country Club Trust
Missouri
$1.05M +$211K +311 +29%
Jennison Associates
45
Jennison Associates
New York
$1.04M +$42.8K +63 +5%
UR
46
USCA RIA
Texas
$821K +$159K +235 +28%
GXMC
47
Global X Management Company
New York
$736K +$655K +965 New
FSA
48
Financial Sense Advisors
California
$723K -$155K -228 -19%
IAS
49
IMA Advisory Services
Colorado
$661K -$20.4K -30 -3%
GC
50
Guggenheim Capital
Illinois
$645K +$575K +847 New

SMC Hedge Fund Activity: Q2 2014 in Review

66 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2014, worth a combined $1.19B — up 21% from $977M a quarter earlier.

Fund positioning in SMC was balanced in Q2 2014: 10 funds opened new positions, 10 closed out, 25 added to existing stakes and 18 trimmed.

The largest buyer was Fort Washington Investment Advisors, adding an estimated $5.23M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $6.12M.

  • 66 institutional investors held Summit Midstream (SMC) as of Q2 2014, unchanged from Q1 2014.
  • Funds reported $1.19B of Summit Midstream stock for Q2 2014, up 21% quarter-over-quarter.
  • 10 funds opened new Summit Midstream positions in Q2 2014 and 10 closed out, a net change of 0 holders.
  • The largest Summit Midstream buyer in Q2 2014 was Fort Washington Investment Advisors, an estimated $5.23M added.
  • The largest Summit Midstream seller in Q2 2014 was Kayne Anderson Capital Advisors, an estimated $6.12M sold.

Based on aggregated 13F filings for Q2 2014.