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SMC

Summit Midstream

76 hedge funds and large institutions have $506M invested in Summit Midstream in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

12% more capital invested

Capital invested by funds: $454M → $506M (+$52.3M)

9% more funds holding

Funds holding: 7076 (+6)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

40% less call options, than puts

Call options by funds: $854K | Put options by funds: $1.41M

Holders
76
Holders Change
+6
Holders Change %
+8.57%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
22
Reduced
21
Closed
7
Calls
$854K
Puts
$1.41M
Net Calls
-$558K
Net Calls Change
+$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
DAC
26
Dividend Assets Capital
South Carolina
$2M +$1.98M +8,648 New
MLICM
27
Metropolitan Life Insurance Company (MetLife)
New York
$1.98M
TFCP
28
Twin Focus Capital Partners
Massachusetts
$1.85M
GC
29
Guggenheim Capital
Illinois
$1.72M -$2.53M -11,040 -60%
EM
30
ELCO Management
New York
$1.61M +$153K +667 +11%
Wells Fargo
31
Wells Fargo
California
$1.55M +$282K +1,231 +22%
CIMLRA
32
CBRE Investment Management Listed Real Assets
Pennsylvania
$1.52M +$588K +2,567 +64%
EU
33
Emory University
Georgia
$1.35M
BI
34
Bramshill Investments
Florida
$1.31M -$92.3K -403 -7%
Citadel Advisors
35
Citadel Advisors
Florida
$1.23M -$13.5K -59 -1%
GCP
36
GSA Capital Partners
United Kingdom
$1.07M +$1.06M +4,622 New
VanEck Associates
37
VanEck Associates
New York
$797K +$3.67K +16 +0.5%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$616K +$156K +681 +34%
Deutsche Bank
39
Deutsche Bank
Germany
$548K -$722K -3,150 -57%
AA
40
AQR Arbitrage
Connecticut
$534K +$39.2K +171 +8%
AIA
41
Arrow Investment Advisors
Maryland
$531K +$32.1K +140 +6%
AAM
42
Advisors Asset Management
Colorado
$511K +$264K +1,153 +109%
Barclays
43
Barclays
United Kingdom
$487K +$291K +1,270 +152%
Stifel Financial
44
Stifel Financial
Missouri
$473K -$142K -620 -23%
PM
45
Penbrook Management
New York
$440K
RJA
46
Raymond James & Associates
Florida
$356K -$246K -1,072 -41%
Neuberger Berman Group
47
Neuberger Berman Group
New York
$317K -$36.7K -160 -10%
Creative Planning
48
Creative Planning
Kansas
$313K +$310K +1,353 New
SFI
49
Susquehanna Fundamental Investments
Pennsylvania
$295K +$293K +1,278 New
PAM
50
PVG Asset Management
Colorado
$271K +$269K +1,175 New

SMC Hedge Fund Activity: Q2 2018 in Review

76 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2018, worth a combined $506M — up 12% from $454M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SMC positions and 7 closed out — a net gain of 7 holders — while 22 added to existing stakes and 21 trimmed.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $28.5M. The largest seller was Advisory Research, cutting an estimated $16.8M.

  • 76 institutional investors held Summit Midstream (SMC) as of Q2 2018, up from 70 in Q1 2018.
  • Funds reported $506M of Summit Midstream stock for Q2 2018, up 12% quarter-over-quarter.
  • 14 funds opened new Summit Midstream positions in Q2 2018 and 7 closed out, a net change of +7 holders.
  • The largest Summit Midstream buyer in Q2 2018 was Brookfield Corp, an estimated $28.5M added.
  • The largest Summit Midstream seller in Q2 2018 was Advisory Research, an estimated $16.8M sold.

Based on aggregated 13F filings for Q2 2018.