Summit Midstream
SMC
61 hedge funds and large institutions have $467M invested in Summit Midstream in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 19 closing their positions.
261% more call options, than puts
Call options by funds: $1.98M | Put options by funds: $548K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% less funds holding
Funds holding: 68 → 61 (-7)
24% less capital invested
Capital invested by funds: $614M → $467M (-$147M)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
Top Sellers
SMC Hedge Fund Activity: Q1 2016 in Review
61 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q1 2016, worth a combined $467M — down 24% from $614M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SMC and 12 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 17 added.
The largest buyer was Center Coast Capital Advisors, adding an estimated $13.7M. The largest seller was Salient Capital Advisors, cutting an estimated $53.3M.
- 61 institutional investors held Summit Midstream (SMC) as of Q1 2016, down from 68 in Q4 2015.
- Funds reported $467M of Summit Midstream stock for Q1 2016, down 24% quarter-over-quarter.
- 12 funds opened new Summit Midstream positions in Q1 2016 and 19 closed out, a net change of -7 holders.
- The largest Summit Midstream buyer in Q1 2016 was Center Coast Capital Advisors, an estimated $13.7M added.
- The largest Summit Midstream seller in Q1 2016 was Salient Capital Advisors, an estimated $53.3M sold.
Based on aggregated 13F filings for Q1 2016.