Summit Midstream
SMC
26 hedge funds and large institutions have $65.1M invested in Summit Midstream in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 8 closing their positions.
24% more capital invested
Capital invested by funds: $52.4M → $65.1M (+$12.7M)
7% less funds holding
Funds holding: 28 → 26 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$3.6M |
| 2 |
Goldman Sachs
New York
|
+$2.15M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$239K |
| 4 |
Citigroup
New York
|
+$222K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.41M |
| 2 |
NI
NYL Investors
New York
|
-$1.79M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$859K |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$839K |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
-$527K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Creative Planning
Overland Park,
Kansas
| – | -$859K | -36,430 | Closed |
|
|
B
27
Barings
Charlotte,
North Carolina
| – | -$839K | -35,590 | Closed |
|
|
WFI
28
West Family Investments
Carlsbad,
California
| – | -$527K | -22,379 | Closed |
|
29
California Public Employees Retirement System
Sacramento,
California
| – | -$213K | -9,021 | Closed |
|
30
Acadian Asset Management
Boston,
Massachusetts
| – | -$64K | -2,712 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$3K | -137 | Closed |
|
32
BlackRock
New York
| – | +$377 | +15 | New |
|
SMC Hedge Fund Activity: Q2 2021 in Review
26 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2021, worth a combined $65.1M — up 24% from $52.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SMC and 6 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Liberty Mutual Group Asset Management, opening a new position worth an estimated $3.6M. The largest seller was Ameriprise, exiting entirely with an estimated $4.41M sold.
- 26 institutional investors held Summit Midstream (SMC) as of Q2 2021, down from 28 in Q1 2021.
- Funds reported $65.1M of Summit Midstream stock for Q2 2021, up 24% quarter-over-quarter.
- 6 funds opened new Summit Midstream positions in Q2 2021 and 8 closed out, a net change of -2 holders.
- The largest Summit Midstream buyer in Q2 2021 was Liberty Mutual Group Asset Management, an estimated $3.6M added.
- The largest Summit Midstream seller in Q2 2021 was Ameriprise, an estimated $4.41M sold.
Based on aggregated 13F filings for Q2 2021.