Summit Midstream
SMC
28 hedge funds and large institutions have $52.4M invested in Summit Midstream in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 9 closing their positions.
90% more capital invested
Capital invested by funds: $27.6M → $52.4M (+$24.8M)
13% less funds holding
Funds holding: 32 → 28 (-4)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$3.63M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.14M |
| 3 |
CU
CQS (US)
New York
|
+$1.16M |
| 4 |
Morgan Stanley
New York
|
+$1.02M |
| 5 |
Blackstone Inc
New York
|
+$749K |
Top Sellers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.75M |
| 2 |
CC
Clearline Capital
New York
|
-$1.54M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$1.17M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$505K |
| 5 |
B
Barings
Charlotte,
North Carolina
|
-$474K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $1K | +$551 | +27 | New |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| – | -$1.75M | -140,032 | Closed |
|
|
CC
28
Clearline Capital
New York
| – | -$1.54M | -123,643 | Closed |
|
|
KACA
29
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$1.17M | -94,000 | Closed |
|
|
30
Allianz Asset Management
Munich,
Germany
| – | -$505K | -40,423 | Closed |
|
|
GCP
31
GSA Capital Partners
London,
United Kingdom
| – | -$349K | -27,968 | Closed |
|
32
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$225K | -18,002 | Closed |
|
|
TYCC
33
Texas Yale Capital Corp
St. Petersburg,
Florida
| – | -$156K | -12,507 | Closed |
|
|
FCH
34
Freestone Capital Holdings
Seattle,
Washington
| – | -$500 | -40 | Closed |
|
35
Wells Fargo
San Francisco,
California
| – | -$20 | -1 | -11% |
|
SMC Hedge Fund Activity: Q1 2021 in Review
28 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q1 2021, worth a combined $52.4M — up 90% from $27.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMC and 6 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $3.63M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $1.75M sold.
- 28 institutional investors held Summit Midstream (SMC) as of Q1 2021, down from 32 in Q4 2020.
- Funds reported $52.4M of Summit Midstream stock for Q1 2021, up 90% quarter-over-quarter.
- 6 funds opened new Summit Midstream positions in Q1 2021 and 9 closed out, a net change of -3 holders.
- The largest Summit Midstream buyer in Q1 2021 was JP Morgan Chase, an estimated $3.63M added.
- The largest Summit Midstream seller in Q1 2021 was Guggenheim Capital, an estimated $1.75M sold.
Based on aggregated 13F filings for Q1 2021.